Another day, another weak jobs report, another scandal in which Banks are discovered to be fixing a key rate to cheat the people, this time through interest rate swaps.
When will it end?
“Blood and power intoxicate; they help to develop callousness and debauchery. The mind then becomes capable of the most abnormal cruelty, which it regards pleasure; the man and the citizen are swallowed up in the tyrant; and the return to human dignity, repentance, moral resurrection, becomes almost impossible."
Fyodor Dostoevsky, The House of the Dead