Daily reminder the first country to eliminate their central bank and allow free market banking will have the highest...

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 actual free markets have prices falling all the time instead is going up.

Daily reminder America never had a system of free market banking for most of it's history. 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.

Basically what I'm saying is if we had a free market, the entire fucking country would be disneyland or universal studios and people would barely have to work.

Why would you NOT support this unless you were a shill that hated white people?

Wow, and I thought we had the best bullshit promises...

>lecturing people on your proposal of how to rebuild the worldwide economic and financial system from the ground up
>using a little cartoon girl with a squirt gun as Fig. 1
>there is no Fig. 2

Nice life revolving around muh free market you got there, jew puppet.

>Wow, and I thought we had the best bullshit promises...
too bad ours are actually based in reality

fucking idiot

>dude you want to be free
>dude you want to have high living standards
>you jew puppet
Just gas yourself you unamerican kike.

>japan
better be a proxy or you are a hypocrite

>let's be a slave to corporations

Wow, such freedom.

wtf does eliminating central banking have to do with white people snek-nigger?

So what, something like the Cayman islands?
They tend to be pretty liberal with banking laws. Their population is 60,000 so their central bank is 20 guys in an office. Why don't they have a 2-3 day work week?

dumb animeposter

>lets be slaves to corporations AND government
LMAO this is exactly what you fucking tools want

What a fucking loser, it's like you actually want to be poor and enslaved.
Enjoy your central banks.

They still have a central bank?
Most people there don't even use the native currency anyway?
What the fuck is your argument?

dumb keynesianposter

END THE FED

GAS THE KIKES

If Sup Forums was smart they would be rallying around this cause.
Unfortunately Sup Forums is now full of kekistani reddit memers that don't care about freedom.

I stay up for the jap bantz anymore

Ask around for a model which would allow a transition to this system. Nobody has one. It's a pipe dream. You can't remove the Fed without a collapse into chaos.

You're delusional.

chaos is exactly what is needed to bring change, this obsession with eternal order will bring us to our ruin in communist paradise.

>communist turd that legit believes in surplus value and dialetical materialism calling ANYONE ELSE delusional
AHAHAHAHAHAHAHHAHAHAHAHHAHAHAHA
Holy fucking shit
BAAAWAHAHAHHAHAHAHAHHAHHA

>Ask around for a model which would allow a transition to this system
It's called kill the central bankers and allow the transition to take place.
It's not that fucking complicated.

It's just a white guy with a proxy, or a white guy teaching over there.

ALSO

>he actually believes the capitalist system will "collapse"
holy fuck my sides
I bet you use leftypol too
hahahaha

You're going to be spending a lot of time in the gulag bucko.

>Here's some numbers i found that fit my claim, despite everything else going against it!
>my opinion is now based in reality

>the communist revolution will be real in my mind
Your revolution will never happen and dialectical materialism is pseudoscience.
You are going to die alone.
How does it feel?
:^)

>It's called kill the central bankers and allow the transition to take place.
>It's not that fucking complicated.
This is why you'll never see this dream happen.
If you want it so badly, you have to come up with a way for it to work.

>>Here's some numbers i found that fit my claim
Yes.
The united states from 1870s to 1890s had no central bank and had a massive increase in economic production and wages, prices decreased all throughout this period too.

Does this anger you bootlickers?

I'm interested dude. Please explain how eliminating the central bank will reduce the cost of capital goods? What kind of capital goods are you referring to?

>This is why you'll never see this dream happen.
>dude you can't fight the jews, why even TRY?
How in the world are you not a shill?

Capitalism is going to be gone within 10 to 20 years due to automation, socialism will replace capitalism and then later on communism, there is nothing you can do about it, it's going to be great.

if you haven't finished your research, the Fed literally holds the USA hostage. How do you remove the Fed without them killing the hostage?

Until you can answer that question, the Fed stays.

>Please explain how eliminating the central bank will reduce the cost of capital goods?
Simple.
In a free market the price of capital goods naturally comes down.
The only force raising their price are central banks.
Imagine if the cost of steel was 90% less than it is today but everything else was the same. It would be much easier to start a successful business. I mean anyone would be able to do this.

As economic production increase, production shifts from capital production to the service sector where living standards for people increase.

>What kind of capital goods are you referring to?
All capital goods.

>Capitalism is going to be gone within 10 to 20 years due to automation
TOP FUCKING KEK
You ACTUALLY believe this.
I bet you have a nervous breakdown every night and cling to this hope that capitalism will "collapse".
Marxists have been saying this for over 100 fucking YEARS. Too bad marx was proven wrong and living standards for the working class actually increased.

As automation increases, the price of capital comes down meaning it becomes incredibly easy for people to create businesses. Demand would be be much more centered on the service sector as people's savings increases.
This is what zizek and you retarded marxists don't understand.
You need to be thrown out of helicopters.

>socialism will replace capitalism and then later on communism
lol it's a religion with you cultists
You ACTUALLY believe this will happen and you base it off pure pseudoscience like dialectical materialism which has already been proven false.

...

>the Fed literally holds the USA hostage
So do the jews
So does the mainstream media, yet trump still got elected

there are ways around this system

your defeatist attitude isn't helping

>Being this assblasted

lol didn't even read

I'm not an ancap, but in a free market people would have a subscription to an ambulance service and it would be a requirement for living in specific areas.

>dude I don't even care that my buttmad ideology is complete horseshit and I'm going to end up a fucking loser in the next few years
LMAO

You people admit you don't even believe in evolution.
How is anyone supposed to take you seriously?
LOL

>didn't read
Also, I just remembered, marxist kiddies DON'T READ because they're too stupid to understand things.
Marxism is just a cult like scientology.

>getting mugged and stabbed when every single citizen is carrying a gun at all times

if you think petty criminals stay around for long in ancap land you're wrong.

ancaps are retards(but less retarded than socialists)
the state is necessary
prove me wrong

It's not defeatist. I'm trying to tell you to grow up. Nobody has a method to execute this "genius" plan of yours. If you can come up with one, THEN people will start paying attentin.

o-oh no they're making me buy iphones and giving me jobs, make them stop!

>Daily reminder the first country to eliminate their central bank and allow free market banking will
..........................
get invaded by the "coalition fo the willing" to bring "democarcy and freedom" to their "repressed citizenry"

necessary for what? If there is a government it will 100% of the time grow too big for its own good and start alienating its subjects eventually turning into a commie gibsmedats shitfest.

>I'm trying to tell you to grow up.
I am grown up.
Everyone else is fucking retarded.

NOBODY talks about this shit anymore.
We could have raised awareness and destroyed central banking.
We could have voted in Ron Paul or something.
Christ Sup Forums is fucking stupid.
Now nobody even cares about our own enslavement.

What if it's really small there there is a strict constitution?
What is democracy is limited?

Also I like the ability for states to ban certain things that can hurt others.

How did killing all the bankers work for other countries?
Haiti did it.

>I am grown up.
>Everyone else is fucking retarded.

The clear indication that you're just a kid.

BASED

You're not proposing a method of transitioning
If the central bankers were killed, they would be replaced and you would be arrested.
You're not proposing a means of transitioning from the current system.

Just the central bankers.
It worked when Andrew Jackson did it.

Nope, it's true.
Most people on this board are fucking dumb and support central banks for zero reason.

Fine, don't kill them.
Abolish central banking and allow free market banking like what existed in 1880s.
Easy as fuck.

It's not like you have to "create" free market banking.
You just need to ALLOW it.
It is currently banned.

Then a 6.0 or some shit earthquake decimated their mudhuts

>In a free market the price of capital goods naturally comes down.
This would just be due to deflation. Deflation gives an incentive to hold your money in cash, as it provides risk-less growth of capital.
This freezes capital markets, making it difficult for people to get loans to start or expand their businesses.

The other problem with your statement is your chosen metric. The statement "In a free market the price of capital goods naturally comes down." is deceptive, as it is somehow implying that removing a central bank will somehow make a factory more efficient, which isn't true. The Fedora factory will still put out a thousand hats an hour with 20 employees, with or without a central bank, and that's a tip you can take to the bank.

Say that to Barbados.

Constitutions are worth nothing unless you can indoctrinate the populace to enforce it as hard as possible, even the fucking US constitution is under attack all the time.
Democracy shouldn't EVER be considered unless you're talking very small matters like: "what should we get for dinner today". Otherwise you risk getting into the shit that is modern socialist "democracy".

You don't need an overreaching state to ban things, maybe make a contract with your local community if you want to ban weed or something and then try to expand that contract to other communities to extend it's range of effect until you feel that you're safe from whatever you banned. Just be aware that anything that gets banned will spawn an unregulated black market that's bound to cause trouble.

If you've read the book "how an economy grows and why it crashes" you should understand how a government can easily destroy your nation and will most likely do so eventually.

>You don't need an overreaching state to ban things, maybe make a contract with your local community if you want to ban weed or something and then try to expand that contract to other communities to extend it's range of effect until you feel that you're safe from whatever you banned

Implying people with more money won't get their agenda push forward anyway. Nice utopia there, Howard.

>Abolish central banking and allow free market banking like what existed in 1880s.
>Easy as fuck.
How would taxes be collected?
What would dollars people have in their bank accounts become?
What would happen to business contracts with USD in them?

>This would just be due to deflation.
no fucking shit you idiot
the current system prevents deflation by violence force

>This freezes capital markets
Not a bad thing
People have more savings and can finance things themselves
it doesn't mean markets end entirely

the stock market grew ginormously during the late 1800s in USA when there was no central bank
you idiot

>is deceptive, as it is somehow implying that removing a central bank will somehow make a factory more efficient
Are you saying that if a factory has a reduced cost of input, a reduced cost of capital goods, that they wouldn't be MORE efficient?
Now you're just lying.

>The Fedora factory will still put out a thousand hats an hour with 20 employees
If the cost of the machines come down, they can buy more and cheaper machines.
Ever think of that? retard

Also even if they can't, they are now in competition with firms that can and have to lower their prices.

What system doesn't have people with more money pushing their agenda?

>How would taxes be collected?
Taxes would be low because spending would be low.
Allow an income tax or maybe simple taxes on consumer goods, or sin taxes like alcohol and cigarettes.

>What would dollars people have in their bank accounts become?
Much more valuable because the central bank will not print anything more and the value of the dollar will constantly increase.

no FED is great, until you have a credit crisis and need to pump cash into an insolvent market

Just as the leaf said, that's not an argument. No matter the system anyone who has enough power will be pushing their agenda and having a big system that takes care of everything only makes it easier for them to infiltrate and subvert.

>the stock market grew ginormously during the late 1800s in USA when there was no central bank
The stock market also grew massively during the 50s when there was a central bank. What's your point?
>>is deceptive, as it is somehow implying that removing a central bank will somehow make a factory more efficient
>Are you saying that if a factory has a reduced cost of input, a reduced cost of capital goods, that they wouldn't be MORE efficient?
>Now you're just lying.
>>The Fedora factory will still put out a thousand hats an hour with 20 employees
>If the cost of the machines come down, they can buy more and cheaper machines.
>Ever think of that? retard
>Also even if they can't, they are now in competition with firms that can and have to lower their prices.
You're arguing in circles.
You're stating that capital goods will be cheaper, because capital goods will be cheaper.
Explain to me how changing from a central bank to a non-central bank will make the factory more efficient. Because it doesn't seem to.

>How would taxes be collected?
I think OP does not endorses the payment of any taxes.

>What would dollars people have in their bank accounts become?
Same thing as before, the FED would still be there to guarantee it. The question is, would people think the same? If not, it will become useless paper.

>What would happen to business contracts with USD in them?
They'd be probably cancelled, as the Judiciary would loss its status of official organ of law enforcement. So, basically this would create an enormous juridical turmoil making all the capital to flow to another country.

Wait, you're putting the cart before the horse here.
How does removing the central bank lower spending?
Removing the federal reserve isn't necessarily precluded by a reduction in spending. Or in other words, a reduction in spending is not a sufficient condition for the removal of the federal reserve

Oh come on, now you're just strawmanning.
A government pumping cash during a credit crisis is crony capitalism, and I'm against that

>Most people on this board are fucking dumb and support central banks for zero reason.
I rarely see support for central banks when its discussed here.

Haiti is also populated by niggers

None, but a regulatory State is there to make a better balance between political and economic power. Politicians can lose their power if the people decide so. So whilst they are in general helping rich people to get ahead, because they also need them to finance their campaigns and live with luxury, they also take care to not piss of the majority of people, that are simply the poor or the middle classes, which have totally different necessities of governmental policies than the holders of capital who are amongst the 1% of the population.

Read above, what you said is only partly true. We were talking of economic power only.

but everything you are saying is the RESULT of fed policy

>The stock market also grew massively during the 50s when there was a central bank. What's your point?
I was only refuting your shitty point that capital markets are extremely important.
The stock market is growing like crazy right now thanks to fed policy. Does that mean that living standards for people are going up?
Does that mean that economic production in increasing?
Of course not

>You're arguing in circles.
Nope lol you just can not refute me.

>You're stating that capital goods will be cheaper, because capital goods will be cheaper.
Capital goods will be cheaper because as they increase the price of them will come down.
This is what empirically happened.
You can either cry and whine about what actually happened when there was no central bank, or you can actually try to have an argument.

>Explain to me how changing from a central bank to a non-central bank will make the factory more efficient.
Because, empirically speaking, their capital goods will be cheaper.
This isn't difficult.

>Wait, you're putting the cart before the horse here.
No YOU are doing this.
Production must come before consumption.

>How does removing the central bank lower spending?
Easy.
The government has much less ability to spend money recklessly.
It would be forced to tax it's citizens instead of simply printing money.

>Removing the federal reserve isn't necessarily precluded by a reduction in spending.
No but it put's a massive wrench in the government's spending plans.

Again, you're being confused because of your chosen metric.
The factories aren't more efficient.
They are still producing the same amount of goods, with the same amount of employees.
They aren't more efficient, you are just confused because you are using price as a metric, but changing how we understand price as a metric, by changing the way that money works.

>I rarely see support for central banks when its discussed here.
that's the problem
it needs more light

People actually think we NEED central banks? When America became America without one? Them Jews got yall good....

America could function without central banks, the problem is transitioning from the world we live in, to a world without one. The ensuing chaos may cost more than the gains of removing a central bank.

Yes, you need. You'd be posting from a 2006 machine right now if it wasn't for your central bank and government, Adam.

How to control inflation, unemployment and credit without a central bank? Are you guys mad?

>let's be a slave to government
Full retard.

Funny to see two Utopians fighting over which one holds the less absurd view on how humans should organize themselves in a society.

How do you control unemployment with a central bank?
2008 proved you cannot.

Why stop there? Why only give the government control over inflation unemployment and credit. Why not give it control over the entire economy! I'm sure that this centrally planned economy would be amazing. You would have to be mad not to give the government more power over the economy after all

bump

With a policy of credit that allow people to open new business, reducing interest rates...

The banks were fucked in 2008, the interest rates of american people were used to inject money in the banks to avoid a financial collapse, not to create new productive posts of employment for the american worker.

>government

The decisions of central banks are generally made independently of the government desire, what would be the use of a separate organ if the ministry was controlling the economy? There are levels of independence in central banks around the world, what most governments do is to just appoint the guy who will preside it.

>the interest rates of american people

>the taxes

fixe'd

That you OP. Keep making this thread.
Fixing the economy is the only way we're ever going to get off this rock.
We need to have an economy where it's cheap to go to space.
No government can provide such an economy.

White genocide is the obvious crisis of today, but the economy is the hidden crisis, and just as sad.

And before you faggots say "uh the economy isn't everything lul", lower prices and higher standards of living are the very progress of civilization.
When the white nations of the past became great, this process was an economic process.
The arts and culture thrive under a good economy, just look at pre-Bismark Germany.

kek

Whites leave earth to colonize mars to stop white genocide, end up evolving because of the deferring environment to earth that terraforming won't ever completely solve, ozone layer so thin that massive uv rays come through toasting their skin and becoming and no longer white, essentially causing white genocide.

Find a list of countries without central banks. They aren't rich. That's not how the world works. Not saying our system is great, but a truly free market is not good. It pushes itself to collapse. It puts power in those that have capital, while leaving those without it screwed.

You are vastly simplifying a fucked up system. Also who the fuck only spends 1650 on insurance annually for two people? That chart is bullshit. Your argument is not rooted in reality.

And who would win from this chaos? Our corporations, banks, and everyone who lives off of the line of credit would essentially go belly up. Regardless of what you may think, unrest, riots, and civil war are not a sign of progress. You might as well just give super power status to China and retire from the world of relevancy.

It wasn't the 700b bailout from Congress that saved the banks, it was the 9 TRILLION from the fed that did. The 700b was just to calm the markets and to prevent a collapse. The 9t was done in secret, because if people knew how bad the problem REALLY was, the market would've collapsed anyways.

Ben Bernanke used some shady and aggressive tactics to Houdini a way out of collapse. It was pretty impressive actually.

Do you understand what pushes an economy to collapse? It's the very central bank you're apologizing for. Low interest rates are fine, but only if you have enough capital goods in existence in the economy. An artificially low interest rate changes what constitutes a rational choice, and it tricks people into behaving like the economy is better than it is, a problem which eventually cascades.

Interest rates in a free market are an important signal, just as important as any other price signal. And just like any other price signal, when you fix it lower than the actual market rate, you will ALWAYS cause a shortage. Interest rates in a free market are what keeps your economy from overheating. Governments do it anyway because it increases tax revenue, whether or not the economy overheats. They don't care.

>Find a list of countries without central banks.
Hoppe addresses this methodological fallacy in pic related. You've got the cart before the horse. A large parasite won't kill a healthy dog, but it will make him weaker. On the other hand, if the unhealthy dog gets a large parasite, it will kill him. This is why the parasites choose healthy dogs.

Yes, I said before that both the government and the central bank handled the situation in the thread to an American saying that they don't need a central bank.

But where all that money came from and why the banks had the chance to receive it without being punished?