Due to the recent British banking scandal we are reminded about just how wrong-headed our assumptions about finance are. The British rate-rigging scandal has not been in hiding. People involved and responsible were suppose to be telling the truth about their own bank’s borrowing power. Unfortunately, private bankers, who were expected to play fair, did not.  Morality and self-interest are sadly at odds and it is not looking like it will get any better. An important question comes to mind: Is the problem with the bankers or with us? John Fullerton, a former managing director at JPMorgan, says finance drives economics. He also states: “The notion that exponential growth can go on indefinitely in a finite planet is in violation with arithmetic and basic physics.”