[Spyckie]

I think you're being close-minded. There's an underlying thought process that leads to these conclusions that you're missing out on. You're applying your view of the world to his conclusions and thinking them ridiculous.

This essay is based on a top down view of economics. A top down view runs a game theory thought experiment based on the properties of money, trading, and investing, and ends up with the conclusion that bankers end up with all the wealth as time approaches infinity.

Watch money as debt for an introduction to this kind of thinking: http://video.google.com/videoplay?docid=-9050474362583451279