I see. Thanks, jane. So the numbers and amounts of luxury goods and of tat that are available to buy nowadays, and weren't thirty of so years ago, at least not in any widespread sense, and the fact that people appear to be able to buy more of them, is not a sign of wealth? I thought it was.
And the fact that more children than ever before, and increasing, worldwide are now going to school is not a sign of greater wealth? I thought it was.
And the fact that living conditions, while still dire in some places, are also gradually improving, again worldwide, is not a sign of greater wealth? I thought it was.
And the fact that we can now easily by foods from all over the world that we hadn't heard of, and neither had our parents, when we were kids, is not a sign of increased wealth? I thought it was.
What are those improvements in the human condition if not signs of greater real wealth? Banks can't print stuff like that.
Can they? If they can and if they are doing my attitude to banks will change a great deal.