new priesthood

Sanford 2022-11-15 22:56:33

If power is used to distinguish the gods, and abstract gods are excluded, money is the first god in the context of this film.

This makes the financial industry practitioners a priesthood. Being in the priesthood, but lacking in moral cultivation, is the direct cause of the crisis in my opinion.

The root cause is the natural laws of the free market. There will always be a crash, and then the invisible hand will flatten it. This is also why I think many economists involved seem indifferent. That's why Obama kept a lot of "sinners" in the team at that time.

But it is difficult to quell public anger. First, the huge gap in wealth is too conspicuous. Second, the source of this collapse is a false financial innovation, which is almost a lie.

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Extended Reading

Inside Job quotes

  • title card: The presidents of Harvard University and Columbia University refused to comment on academic conflicts of interest. - Both declined to be interviewed for this film.

  • interviewer: On your CV the title of this report has been changed from "Financial Stability in Iceland" to "Financial *In*stability in Iceland."

    Frederic Mishkin: Um, well, I don't know. Er, which, er whatever it is, is - the thing - if there's a typo, there's a typo.