[dredmorbius]

And, in theory at least, belongs to and serves the people as a whole.

Not one single solitary exclusive and extraordinarily privileged human being.

[esarbe]

In theory. In practice, this wealth is controlled and overseen by privately owned commercial banks that look out for the interest of their owners, i.e. primarily the super-wealthy.

[dredmorbius]

Would that wealth be more or less accountable to the people at large if it were in a small number of private hands?

[ekianjo]

> in theory at least

creating inflation sure helps people as a whole!