Daily reminder the first country to eliminate their central bank and allow free market banking will have the highest living standards on earth within 5 years.
Massive high paying service sector jobs with dominate this country's economy to consume the goods the rest of the world has to produce for it.
The workweek would shrink to 2-3 days a week and people would retire much earlier. This will also lead to more jobs becoming available.
Everyone would have high saving rates. Houses would be inexpensive. Debt would be strongly discouraged economically.
Massive automation would take place as the cost of capital goods would be extremely cheap. This will lead to massive levels of technological innovation.
It would be extremely easy for the average person to start a business due to the cheap cost of capital goods.
Daily reminder REAL capitalism has prices falling all the time instead is going up.
Daily reminder America never had a system of free market banking. There were only patches of American history with free market banking. The panics that happened during the 1800s were due to government intervention in the banking sector. Sweden had the longest most successful period of free banking and that's what made them really rich.
Daily reminder the longest period of (relatively)free banking in America coincided with the INDUSTRIAL REVOLUTION where wages rose and prices fell.
Daily reminder central banks are the very reason the economy is a pile of shit and our generation is so fucked.
Not sure if this is an ancap thread but giving this thread a bump for classic Sup Forums Ancap is a meme but at least its politics
Asher Young
>Daily reminder everything you said is wrong Jew shill detected. Go suck Janet Yellen's cock some more.
Xavier Jones
the first country that eliminate their central bank will get fucked harder than a blond girl in sweden
Jason Lopez
> first country to eliminate their central bank and allow free market banking will have their government overthrown within 5 years.
Mason Perez
bamp
Jaxson Lewis
this
Jose Bell
They would also bring down war upon their heads and have third world migrants forced upon them by the millions to change their demographic power. But worth the risk, if they could pull it off.
Tyler Anderson
bump for REAL FREEDOM
James Gutierrez
Bump good thread leaf. Pic related for you newbs.
Asher Hall
DO NOT GO EASY ON THE SWISS IN WWIII
Personally, I recommend the youth be chainsaw raped, but that's just me.
Jaxon Richardson
DELET THIS GOY.
Camden Williams
Can you provide some more evidence?
David Diaz
>Daily reminder REAL capitalism has prices falling all the time instead is going up. It's okay because it wasn't REAL com- capitalism!
The fact that real capitalism(without central banks) has deflation is so fucking obvious. Basically every economist(even keynesians) agree on this fact. There's massive empirical evidence showing it does(gilded age) Keynesians just think deflation is a bad thing, and they're wrong.
Lucas Watson
bump
Jose Walker
banks are not the end boss
the Jewish esoteric agenda is.
Jackson Rogers
even though that would improve things quite alot, free banking doesnt change the fact that money does not have to be scarce.
instead of empowering private bnks to create money, why not empower a fourth power owned by the state. a institiution that creates money, acts as a banks thus all the interest profits are profits of the ppl - and not some rich (((bank owner))).
banks should be reduced to the service to decide wheather someone is credit worthy or not. the state owned bank should take their service in order to provide credit.
that way: no need for taxes, welfare system is paid by freshly printed money, perfect infrastructure.
the fourth power, the one state owned bank, will ofc only create money as long as it doens not create inflation.
>muh inflation since ww2 western economies grew about 8 times bigger while the money supplies is nearly 100 times bigger...
