Monday, 9 July 2012

Reclaim your life

Now the banks have been coming in for a lot of stick lately. And most of it is their fault. Some rather puerile traders at Barclays of course, thought the key exchange rates to be their own personal playthings, and showed a scary tendency towards that most inimitable of Indian talents, jugaad. Now to put things simply, banking is not a laughing matter. In fact, banking is what put us in the sort of shit that we are in right now, today. You see, these days if you find yourself having to turn out your wallet to buy a couple of onions don't blame the Congress(opposite of progress if the posters are to be believed) blame the banks. Banks were never really meant to facilitate anything other than their own self interest, and have never done anyhting else.

The rules that impact our lives the most today therefore, are also the most arbitrary. Strangely enough, the all pervasive law of gravity is as meaningless to us as a crow lying upside down on a deserted street(I'm assuming none of us are Buddhists). The sort of people who manage to make it big these days are not the mundane theoretical physicists, but those who have discovered n even more fundamental law of the universe, How to turn a PROFIT. For these days that's all that matters. Now to most bankeres, creating a profit is almost like making money out of thin air. Even for you, the end user, it might seem so, after all, it goes against the very law of conservation of mass, (and the far subtler) law of conservation of sanity in order to create something out of absolutely nothing. Yet this is the sort of skullduggery that allows our banks, and indeed, the whole global order to flourish.

So, what is it that allows a system this arbitrary and reactionary to exist, might be a question that all but the most apathetic would only be too ready with. It is our nature, as human beings, to disagree on almost everything. For dichotomous as most issues are to us, there is very little that unites man quite like money. And since we have absolutely no idea of how to work together, money is used as a substitute for teamgeist. Make no mistake, almost all of the world's problems could be solved if currency were abolished. But to do so would mean to descend into chaos, because none of us could possibly imagine how to deal with goods and services in an era of the absence of anything to pay for them.

This post is then, not a call to reclaim your life from the materialistic money hounds that seem to have chased it down and ripped it apart. For without money, your life would have been as meaningless as the lunar cycle to the coelacanth. This post is also not about the post apocalyptic nonsense that seems to have taken hold of fantasy writers' imaginations, in which in a not too distant future there will be no money, and people would manage to fend for themselves by producing power, food and water along with disposable nappies and dinner table spoons. This post is about that age old truism that happens to be more relevant today than ever before.

Money is a good servant, but a bad master.

And banks, are probably, given these economic conditions, the worst guardians of your money imaginable.

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