END THE FED

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?

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Hmmmmm...it almost sounds too good to be true.

this spam is retarded

1) remove fed
2) ???
3) profit

it's just that easy!

Correction: the first country to eliminate their central bank... will be nuked to oblivion.

no, but it's not magic
it takes hard work

but removing the fed is the first step

Every single faggot posts this in these threads and thinks they're super original.
Holy shit kys

You can have a meaningful conversation if you started threads asking about the pros/cons of a deflationary environment, which will ultimately lead to the questioning the need of a central banking authority should the participants value deflation over inflation. spamming the wall of text everywhere is annoying.

>spamming the wall of text everywhere is annoying.
No, it's informative and rly makes ppl think

It's best to state the arguments in favor of free banking first so central bank supporting cucks get fucked

>Let's discuss scenarios that will never happen because we're so intelligent and super original.

If you're redpilled and you don't have a central bank, the Americans come to your country and bomb the hell out of it. Want to fix the problem? Comp Israel's sushi first, then open up the floodgates on the Tribe in individual countries and watch tchem scatter like roaches when the lights come on. Prosto sprawa

>>Let's discuss scenarios that will never happen
But they legit already happened and were quite successful.
Read the OP.

Describe capitalist society to a primitive and that's exactly what they're going to think. Who could have imagined the present a thousand years ago?

Here, want an idea other than capitalism? How about this: Helpful regulators. Go out there and instead of punishing noncompliance, reward compliance. Make your favorite companies do well while upholding standards.
Does that sound nice, or does that sound familiar?

Fuck the fed

Fuck the fed

Fuck the fed


Fuck the fed

You're wrong.

You're wrong.
Where do we go from here.

Imagine if houses were cheap and people were constantly building new houses for people.

Why do you think home ownership is at a 50 year LOW right now?

pic related

Won't ever happen without a hard reset because the elites profit too much from this dystopian society and are too deeply entrenched to ever have any hope of rooting them out.

We're fucked.

>Won't ever happen without a hard reset
We need a hard reset desu

I mean an apocalyptic-start-from-scratch hard reset. And yes, I do agree very much in that is what would be best in the long-term.

Libertarianism is dead on Sup Forums. Everyone has gone fascist.

So much this! So much happens that Americans are never informed about or are flat out lied to about...and it all leads back to the Fed.

>Libertarianism is dead on Sup Forums. Everyone has gone fascist.
Nah, we're free market nationalists.

Economic fascism fucking SUCKS, it's like living in modern day china for the average person.
Free market nationalism is like Taiwan, much higher living standards and much more based.

Daily reminder theres more to life than money and profit.

People are taking out mortgages and not thinking about the price they are paying vs the value of the house they are getting. They are relying on online information about "value" which is relative to what other people are currently "valuing" it as, which would be considered how much they would pay. They aren't considering the real value of the home outside of the inflated market.

Also, of course, tons of people are being unrealistic with what they can afford when taking out a mortgage for a house.

No shit, there's raising living standards for your family and society, and you do that through money and profit.

>Your favorite
You mean the regulator's favorite. I may not share the opinion but the regulator can't possibly enforce the favorites of all the people they claim to represent. Better to allow all people to vote individually with their dollars so that good business expands and bad business fails.

Certainly, but with wealth you can pursue other goals.

The greedy pursuit of money and profit has consequences, also on your family.

Central banking is an even more serious threat that white extinction because it's what enables white extinction. In fact, it enables almost every problem in the world.

this is all being fueled by federal reserve money creation which is injected into the housing market.

Lowering interest rates destroyed the economy

>The greedy pursuit of money and profit has consequences, also on your family.
Yes. Consequences like higher living standards and more leisure time for your family.

Just start a petition on the Whitehouse page to shut down the fed. The petition to declare Antifa went pretty well. Let's take it up a notch.

*declare Antifa a terrorist organization

>The petition to declare Antifa went pretty well.
what happened exactly?

Modern day China is fucking great. The average Chinese already lives better than your average South American or eastern European.

>Modern day China is fucking great.
No it's not.
The average Taiwanese has much higher living standards.
They embraced economic freedom, China obviously did not.

They were declared a terrorist organization

source?

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based
I hope they go further and physically remove them

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except he's right.

And any president that tries to meddle with the Jewish banking cartel's cash cow will go the way of JFK.

I wish it could happen, I really do, but their stranglehold is too strong.

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Antifa are planning something big for 4th Nov. Something nationwide. Like a coup.

Daily reminder you don't know what you are talking about, and a nation without a strong central bank in the modern age is asking for banking runs every decade and mass poverty, possibly armed conflict and sectarian violence.
I'm getting mighty tired of dummies who have never studied econ spouting nonsense.
The only problem with the Fed is that board of governors have 14 year posts. It shouldn't be that long, and they should be elected by other economists, not the president and approval of congress.

Bump. Ending the fed needs to be a foundation for a larger plan and it is essential. Any plan will be taken over by them. Simple example, founding fathers set US up as timocracy. Democracy is clearly a sham, for every 1 good there are 9 retards that vote. How could we go back to founding fathers setup if banks could easily print money based on nothing and change the land ownership dynamics even more? Fiat currency ruins everything.

Lets start a Whitehouse petition like the Antifa one. Time to end this shit

>1 good there are 9 retards that vote

And who do you suppose maintains price stability without the fed? Who decides the discount rate? Who comes up with reserve components? Who makes sure hyperinflation and high unemployment are not cyclical due to political business cycles? Who sets money supply? Please answer these questions for us, because if you can't than any argument against the Fed is fucking moot. The Fed has plenty of problems. But removing them is the real life interpretation of "Just fuck my shit up"

I wonder who could be behind this post? I'm sure you're a democracy lover too eh?

>LOL (((((((((((YYYYOOOUUU)))))))))))

You know who's behind this post faggot? A guy who studied economics and finance. An Eastern Euro, Balkan Orthodox Christian who wants to understand how money, which makes the world goes round works. And I'm mighty tired of faggots spewing fucking nonsense they have no concept about to the masses. You are part of that 9 retards in your little vote analogy. You know nothing about money, it's function and the intricacies that surround it and geopolitical affairs that threaten it. You are on par with the antifa faggots who think socialism and communism can work because "GIB ME"

End the fed.

>who controls the inflation that is caused by their own printing of money based on absolutely nothing

Wtf I love the fed now. It's not like it would be easy, it's not just the fed. There is the bank of England and the IMF for example. You're somehow thinking of iatrogenic problems and are arguing who else could fix them.

Young one, you know nothing, you were taught by the very system that seeks to use you. Best bet is to study the history before the French revolution.

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Inflation exists in the form of Fiat currency, Gold backed currency or even a currency you want to back up with pebbles. Simplifying a concept like inflation to "wow they are printing more money that's why" is fucking retarded. I certainly don't pretend to have an answer to it, but I know enough about the subject to know that any argument of removing the Fed in it's entirety is ignorant and unfounded in any facts.

The fed is evil, but the shit you posted is just fantasy.

Daily reminder that Nazi Germany was the fastest growing economy in the world during the 30's, going from depression plus hyperinflation plus Versailles to world superpower in less than 10 years. They nationalized their central bank.

Oh and you were taught by the ancients and alien future human hybrids so you have such a great concept of what's going on right. Fuck outta here faggot. I'm 29 and work in the finance industry. I read and study finance and economics on my free time. You watched a video on youtube and suddenly you are an expert.

>Antifa are planning something big for 4th Nov. Something nationwide. Like a coup.
LOL

With what guns?

>notice that prices inexorably rise despite improvements in technology
>realize that money printing causes loss of purchasing power, acts as de facto tax
>realize money is printed not only to prop up insolvent programs but also to bail out Shekelstein Brokerage's unsustainable speculation
>realize fractional reserve lending cannot satisfy all depositors' demands, is fraud
Why is this allowed?
>Shut the fuck up kiddo, I'm an (((expert)))
O-okay

The Fed exists because we need a national currency. It's the most free market way to produce a national currency.

If you abolish it what would happen is we would start trading in Euros or the next most valuable currency.

>suggesting I watch YouTube for something so important.
I'm older and have read much. I like books older than 1800. It's not like OP is right with all of that but I like it when people focus on the enemy. Studying economics now is like being taught by a corporate salesman on how to best apply their product to your company. Do you follow x or y theory? Does your company need this or that in the long or short term? Can you do this technique or that to meet your current goals? Notice how even opposing views can get Nobel prizes? It's all within the system and your stuck thinking in it. I'm really well off with a family, but I want to see the good prevail in the long run. Have fun playing with your arreats though.

Bump

>implying we didn't have currency before elastic good goy coupons
Why not trade in something that holds its value and can't be pulled out of the cabal's ass ad infinitum?

Start with Money Banking and Monetary Policy by Mishkin. One the first Economic books you get in a good economics program at Uni. Read it cover to cover. Then read it again. And then one more time.
If you read it 3 times. It should take you approximately 2 months if you spend about 3-4 hours a day reading it.
Once you've read that, read some more books. Study both fundamental and technical analysis. Investopedia has two really unique programs it has recently launched that train you in both. Also a school for financial modeling.
Once you've done that. Study a bit of geopolitics. No particular book being given out here. Lots of good sources.
Once you've done all this come back and make an argument. But you won't. Not only will you not go through this knowledge discovery, but even if you did, you would be less inclined to come to a Tibetan glass blowing consortium spouting nonsense about Shekelstein.

Thank you op. People are blind to the fact that interest is attached to every dollar created. It's unnecessary and will ensure the debt will never be paid along with the dollar losing value over time. These things don't need to be happening. This is slavery, feudalism never ended, we're still serfs for the Rothschild banking dynasty.

Because I would take that something that holds its value like Bitcoin and stockpile the shit out of it while giving you the good goy coupons.

You're getting personally offended.

Thanks for the recommendation, but surely such a well read proponent of modern banking can offer a compelling synopsis too. How are the apparent abuses of modern monetary theory I enumerated features and not bugs for ordinary people?

National currency existed before the fed. In fact the value was static and didn't start decreasing until the fed act was enacted in 1913.

Amen, Peach it brother

SHUT
IT
DOWN!!!

Listen man, There are plenty of abuses in the monetary system and plenty of things that need tinkering or even total overhauls. Eliminating the Fed is not a serious, viable or worthy solution.

I fully support people anyone making a legitimate case, but you can't make that legitimate case until you know what you are arguing or fighting for or against.
As Nas once said "Read more, learn more, change the globe"

Mishkin is on my list but I have several books in front. I think you're falling for what "smart" communists fall for in that "true" communism is complicated so they have an answer for everything and think that their theories work. In reality they are simply overly complicated theories that miss the big picture.

How did one print dollars back then? It'd have to be from a central bank, would it not?

How can private banks print dollars without coordination?

I'm starting to wonder if it's even worth it anymore. Americans just don't seem to care.
>inb4 t.banker

>read x y and z and get back to me in a month
I didn't make you slog through a manifesto to get to the core of my arguments. I don't think asking you to make a case for the Federal Reserve right here and now is unreasonable if you're going to rush to its defense. Throwing a book list at someone is a poor, obscuritanist excuse for an argument.

Read the creature from Jeckyl island for a quick summary of what you're wondering. There have been multiple battles over financial control. I more highly suggest books pre 1800 though like Reflections on the French Revolution by Edmund Burke but it's harder to read if you aren't used to older English where they actually used a wide array of vocabulary. You'll see that most of this is setup to rule the country no matter who is elected.

Dollars were certificates for known quantities of precious metals. In fact, the oldest definition of "dollar" for American purposes is "371.25 grams of silver". That amount of silver is worth about 17.20 (((dollars))) today.

GRAINS not grams

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Guns? They're trying to get the next thing banned. The Vegas shoot out is what banned guns. Now they'll ban knives.

The hero we need, but not the hero we deserve.

As opposed to the opposite, slothy slacking of production and poverty having consequences :^)

RON PAUL 2024

THE NEXT BIG THING AFTER TRUMP

Well imagine my shark, I asked the Keynesian to justify his theories and he disappeared in a puff of smoke.

I noticed that too, haha

Ok, I understand. But the problem is government spending. If we're forced to honor fixed amounts of gold and silver everybody would take the gold and silver. People may have better lives, but it's hard to grow an economy when people don't trade and the government acquires less and less tax revenue.

There is no will to abolish it.

While I agree removing central banks would generate massive wealth, I also think that any country that does so will be embargoed, threatened and quite possible invaded and a puppet installed or forced to reinstate very quickly.

It's like you don't even read history, it has to be murica first.

>believing red chinese propaganda
The growing middle class is a myth, they're racking up debt faster than any nation by poisoning the populace and churning out shitty raw materials and cheap trinkets

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>If we all ask very nicely maybe the people that run the world will give up their perfect money siphoning scheme

Get the word out, generate the will to abolish it. The government would be forced to spend responsibly if a quasi-private bank couldn't print money (from nothing) and lend it to our government (in exchange for our productive output as taxes). No ordinary person, once made to realize the exchange of "nothing" for "productive output", would continue to support business as usual. The next inevitable systemic collapse will be worse than before, and could serve as a catalyst for teaching hard truths about our monetary system. All we need to do is answer truthfully when the normalfags ask "what happened?"

You gave us this system, Dad. You're right that only America is powerful enough to try to kill it. We have to try, or we'll all become chattel before the century is over.

Do as I say, not as I do kiddo.
PS sorry about 1814 lad..

Seriously though you boys have the manpower, you have the weaponry.
If only you had the desire, we need to wake people up to this shit, and get them to stop the race shit distraction and the endless liberal vs conservative, democrat/republican squabbling.

It's too late for us, but (((they))) are terrified of you