VANCOUVER (Bullions Bull Canada) -- It was encouraging to see a

Lacking any Professor to explain the folly of Gilligan's plan, they all agree. However, what the castaways quickly discover is none of them are getting any wealthier at all. With their tiny island economy flooded with coconut dollars, all that has happened is prices also increased. Now let's change our scenario slightly and introduce a new castaway: Banker. Banker happens to be the owner of the printing press and Banker gets a different idea for "getting wealthy." With complete control over the printing press, Banker decides that from now on while each of the other castaways will continue to get 10 coconut dollars each month he will receive 1,000 coconut dollars from his own printing press. Suddenly the dynamics change dramatically. Instead of no one getting any wealthier as price increases match the increase in the money supply Banker becomes wealthier as he accrues a massive supply of coconut dollars. So even though the price of coconuts is soaring, only Banker is unaffected by the price increases. Note that Banker can only get richer through this money-printing inequity at the expense of all the other castaways getting poorer. This is the Western financial paradigm: Banker(s) gets all the coconut dollars. We all get poorer while their own endless supply of new paper ensures that "inflation" only affects the rest of us. The absurd lie is that handing Wall Street endless trillions of newly created money will somehow "create jobs." After all the $trillions printed and handed to Wall Street since 2008, does anyone see any jobs being created? This is only one of the mega-crimes of these mega-predators. Here are two more. The banksters' $1.5 quadrillion "derivatives market" is nothing but a rigged casino, so crooked that "the House" won't even pay off on its losing bets if it's not convenient for them - as we saw with their refusal to make payment on credit default swap contracts, following the Greek debt-default. Then there is the banksters' $500+ trillion Libor fraud. Despite the fact this fraud has (almost) been completely exposed, the vampire banks have so much power over our governments they continue to operate this scam with impunity. Nowhere here do we see any evidence of "too big to fail" - i.e., a need for the continued existence of these financial predators - while everywhere we see evidence that they are, indeed, "too big to exist."
However, there is a much broader point to be made here. The banking oligopoly is only one form of this economic cancer that has ravaged the global economy in general, and Western economies in particular. The multi-billion oligarchs have been permitted by our governments to divide and plunder most of the global economy with oligopolies in virtually every nook and cranny of our societies. Yes, the big banks must be smashed, reduced to a tiny fraction of their current size, and never permitted to swell to such a predatory/parasitic size ever again. But what must be understood is that all of these oligopolies extort money from our societies in one way or another. While the handouts to the Wall Street vampires have been the largest and most visible form of corporate welfare/extortion, corporate "subsidies" across the West now amount to $trillions per year in one form or another, and continue to grow. Cancer comes in many forms, yet there is broad consensus of the need to eradicate all forms of this disease. Oligopolies and monopolies also come in many forms, and it is equally imperative that we develop a consensus on the need to eradicate this "disease." This article was written by an independent contributor, separate from TheStreet's regular news coverage. Follow @bullionbulls