Wealth-extraction mechanisms are simple despite financial jargon obscuring them.

Evidence

Financial jargon is needlessly complicated, so I’ve written the book in an accessible, explanatory tone, with key terms defined in the text and in the glossary, for easy reference. … It is my belief that the financial sector is not nearly as sophisticated, necessary, or beneficial as it would have us believe; the mechanisms of wealth extraction are actually quite simple, and a healthy dose of disrespect is well earned. — Andrew deWaard, Derivative Media, 47

Categorization

• DEFINE: Part of the book’s framing thesis that financial complexity is a smokescreen over simple extraction mechanics.