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 I'm so reminded now

tldr

What if all countries do it simultaneously?

Good thread

>reddit spacing

Daily reminder the first country to eliminate their central bank and allow free market banking wil get invaded by ZOG instantly

Heaven on Earth.

It's happening. Very soon.

Why do you think free market banking never lasts for long periods of time?

Because the very second some greedy kike gets rich of this free market model, he uses his money and influence to tale control of the market and selfishly consolidate his own power.

What you call a "free market" and "minimal intervention", others call a "power vacuum" just waiting to get filled.

I am a Capitalist, but strong checks and balances are needed to stop the idiot sheep from getting swindled.

>Because the very second some greedy kike gets rich of this free market model, he uses his money and influence to tale control of the market and selfishly consolidate his own power.
Wait what?

Free market means decentralized banking.

Every example of free market banking was decentralized and not one entity could gain all of the power.

Kikes can only get power through central banking and government monopolies.

>others call a "power vacuum" just waiting to get filled.
Then that's fucking wrong because it takes away the power vacuum.

Central banking CREATES a power vaccum.

>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.

More like ZOG will make up "muh human rights, terrerism, girl's education WAAGGBGBGBBL" excuse and invade, turn your country into an impoverished shit hole in 3... 2... 1...

>Daily reminder actual free markets have prices falling all the time instead is going up.
The idea that you could work a blue collar job and retire on physical money you stashed in your mattress is poisonous to djoos

Every time I make this thread you faggots post this shit and think you're super original or something.
Holy shit

...

Countries without a current central bank:
>Monaco
>Nauru
>Kiribati
>Tuvalu
>Palau
>Marshall Islands
>Federated States of Micronesia

Why don't they have the highest living standards at the moment?

They all use either the Euro or the US dollar.

How embarrassing for you.

if you have the cohonies to take on ZOG then good for you but most countries don't.

You should make a big checklist of what you mean to strive for in these threads. "No central bank" is pretty clear, but things like currency should really be explicitly defined, otherwise it just seems like you're incessantly moving the goalposts. Get working on that full, clear, checklist famalam.

PHYSICAL REMOVAL

>otherwise it just seems like you're incessantly moving the goalposts
How am I moving the goalposts?
Those countries have central banks, they are called the federal reserve and ECB.

Also in the OP I said "eliminate their central bank and allow free market banking", these countries clearly do not allow free market banking.

Wouldn't "banking" without a standard currency just be bartering? So we need to all barter for every transaction to meet your criteria?

>Wouldn't "banking" without a standard currency just be bartering?
No, people would obviously use a currency, they would use whichever currency evolved on a free market. Usually this was gold. This is how it used to work.

That's the communist way of thinking (if only every country on Earth adopted it, then it would work).

One country needs to do it, then prosper, then have every country around it say they're only successful because they exploit everyone around them, then have a core tenet of socialism be to hate said country for refusing to adopt their economic ideology.

But you can already use gold anywhere to pay for things and services even in countries with central banks? Even if you can pay in gold, there is a sheer convenience of using a central currency. People don't like to forego convenience without some beefy guaranteed incentives. Your incentives aren't empirically guaranteed and will be seen as optimism. What is your solution to this?