First, the Secondary Market is the financial engine that brought prosperity, hence demand, and then jobs back to the post World War II economy, and there will be no genuine economic peace unless it can be properly revived by the U.S. government backstopping its financial oversights, and instilling trust between its counterparties. That can only be done by the government scaling back the monopoly banks, and helping them to abandon perverse incentives. There are so many potential bank customers in the world today, that no bank, or cartel of banks, no matter how large, can serve a useful function unless it can repeatedly sell off the debt it holds, in the secondary market.
