[jongjong]

Yep great point. I guess this is the most extreme case. This dependency that billionaires have on the government is a symptom of the same effect and it's terrible regardless of which party is in charge, just negatively impacts different people. The same dynamic of government dependency flows down to everyone else.

It's because the government can print money. The government is the ultimate fallback, if interest rates increase and money becomes scarce, these big corporations need the government to provide big contracts to back them up to get through that tough period.

This is what I mean by all-or-nothing situation. These big corporations NEED huge, constant inflows of cash to stay solvent. The system is always full of debt; the liquidity is always under threat of being sucked out rapidly... So all these big companies are terrified of such event. They need to know that if money gets scarce, they've got a reliable stream they can draw from and the only reliable source of money in times of monetary scarcity is the government.