Tried this thread this am, but it was slid: >THE HEAD OF THE CENTRAL BANK SNAKE, Bank for International Settlements’ Chief, Agustin Carstens said “...the meteoric rise of cryptocurrencies should not make us forget the important role central banks play as stewards of public trust..." >"Private digital tokens masquerading as currencies must not subvert this trust.” HAHAHAHAHA zerohedge.com/news/2018-02-11/bis-chief-fears-systemic-threat-bitcoin-urges-pre-emptive-action-authorities
BIS Chief Fears "Systemic Threat" Of Bitcoin, Urges "Pre-emptive Action" From Authorities PIC RELATED Augustin Carstens
tl;dr >gold standard is unstable and not a viable currency, susceptible to fraud and dependent upon mining >they are openly anti-scientific, rely on "praxeology", they are philosopher at best >dumb ideology funded by koch brothers think tanks (CATO) to convince ignorant armchair economists >every prediction they had is proven wrong >they business cycle theory is wrong >they don't use scientific method, no maths, no statistics, nothing, just speculation >only used as political rhetoric by ron paul to rile up his gadsen-flag hillbilly voterbase >all of peter schiff's predictions are wrong, he has been preaching doomsday for decades >mainstream economics agrees with less than half of their policy >literally no respects austrian economists today, abandoned as early as 1950's >only good thing to come out of it was Hayek, who wasn't even Austrian since he rejects praxeology. He contributed to price theory, and added to the socialist calculation problem. Also his philosophy is superior and way more nuanced compared to mises/rothbard.
Elijah Ross
top global econ journals, ZERO positive austrian results, all negative! outdated! wrong! pseudoscience!
too long, didn't read. I don't need to be told how I am being cheated.
Isaac Rogers
of course Sup Forums dont read, they are retarded hillbillies southerners, low IQ gadsen cucks
Elijah Perez
>implying any economics is science
can we all stop this make pretend? Economics is slightly more scientific than sociology, at best
Camden Thomas
you wish, but reality is quite different than that.
Camden Scott
is he juden?
Colton Bell
[error 404: arguments not found]
Matthew Thompson
this is true. nobel prize was never intended for economics. only for the hard sciences.
Joshua White
...
Owen Gutierrez
I did copy all your links. I will go through them when/if I have time.
Carson Watson
No, he is the former head of the Mexican central bank. And now he is the HEAD of the bank of central banks.
Nicholas Cox
i have about 2-3 other econ books but I forgot where I g ot them, ill put them in the copypasta in the future hopefully but the current one is just fine, neutrally written, although a bit too slow, covers a few sentences of theory per 10 pages, ACDCecon yt channel goes 100x faster, also marginaluniversity channel
David Howard
what was the point of your literature?
Mason Phillips
everything boils down to personal responsibility vs self interes....whether not communist, socialist or democratic rule
Logan White
*interest
Jace Clark
>a Mexican running the central bank Globalists dun fucked up.
Julian Powell
Block-chain tech is literally Jesus Christ in his savior role and function
Testimony of Dean Baker, Senior Economist at the Center for Economic and Policy Research Before the House Financial Services Committee Subcommittee on Trade and Monetary Policy “A Further Examination of Federal Reserve Reform Proposals” January 10, 2018
“While there were reasons that a mixed public-private central bank and regulatory system may have made sense at the start of the last century, this is no longer the case today. The United States is the only major economy with this sort of mixed approach. The Bank of England, the Bank of Canada, the Bank of Japan, and the European Central Bank are all purely public entities.”
Luis Edwards
There isn't a banker on the planet that shouldn't be burned alive.
Nicholas Long
Banking is literally the practice of using business and accounting to keep as many people as possible as poor as possible. If you own half the businesses in any small town, you can take everything from the other half, and that's exactly what they're doing, in every town on earth. It is the biggest scam ever. We should kill them all, in the most brutal way possible, and when we find them alive we should torture them for as long as we can keep them alive.
Hudson Scott
Thank you. If you don't mind, i'm going to copy that.
Benjamin Jones
>digital currencies because of their links to the established financial system What does this tell you? >muh decentralized Literally connected and part to centralized system of banks.
Jaxon Anderson
>when we find them alive we should torture them for as long as we can keep them alive I think you meant >when we round up the jews we should torture them for as long as we can keep them alive youtube.com/watch?v=tWl1wORuugk
Nolan Martin
still, old chub chub is saying that voluntary, agreed-upon forms of trade aren't legal. Remember, this is the BIS! The BIS is supposed to be impartial...a mediator of central banks... but we all know it to be the slush fund they use to hedge currnencies...
Luis Young
You know what that Dutch guy said about financial news? Never trust anything they say.
Dylan Morales
Thank you for the video. Am watching now.
Jaxon Fisher
BIS was important as gold transporter to build the ground of modern financial system, even Hitler done business through them.
Christopher Edwards
And your point is? The BIS is well known to be the head of the snake when it comes to central banks. Which is precisely why Iran, Russia and china are always the bad guys, because they are not under BIS' central banks.
Aiden Hughes
I am just showing you where the gold went and that's where today you have center of financial system.
Noah Cook
Most of the world's gold is in the Phillipines.
Connor Hill
whose ever it is is another question
Justin Watson
Mexico likes to cut heads and they look away, maybe he was a very good ignorer of mafia.
Zachary Stewart
I didn't know Kingpin was a real person.
Gavin Powell
It's a good rundown
Matthew Perry
He either doesn't understand or is terrified that cryptocurrencies can do everything his central bank and bank of international settlements can do and more. Fucking cryptocurrency is the perfect way to transact international settlements, in fact. And it is incorruptible, automatic, making this fat faggot and his fellow Jews obsolete.
Lucas Roberts
Oh you.
Andrew Flores
I saw some cartel videos that would make a rat puke. It is obvious Mexico has gone over the edge, not only in barbarity, but in the utter contempt of their own citizens.
Joseph Fisher
Cryptocurrencies literally are nothing else than dollar, even displayed in all dollar financial statistics. Cryptocurrencies are a much worse type of central banking, with even less regulation and much higher percentage of financial failure.
Julian White
No, the very fact that there are competing cryptos, based on a decentralized network screams the opposite.
Jack Thompson
What decentralization? You literally buy it with dollar.
Evan Campbell
Whole lot of nothing posts. I was wondering what your game was. Now I see you post some weird financial word salad, with nothing to contribute. What a sad lonely existence.
Carter Young
I buy an apple with dollar = centralized. I buy bitcoin with dollar = centralized.
Decentralized network is a network not connected to other netwroks. For example decentralized netwrok is a network not connected to web pages. Most basic decentralization system is a system(network) you CAN'T MEASURE WITH CENTRALIZED SYSTEM. You can't convert decentralized system to centralized currency, it's impossible. If you can convert it, then you aren't decentralized.
Austin Torres
>I don't understand that any competing currency is a welcome threat to my established debt-based/fiat currency and all other currencies, for that matter.
If you are in Slovenia isn't it in the middle of the night?
Joseph Nguyen
And, no, decentralized just means (for crypto) that multiple parties have access to the blockchain. That there is more than one authority for bookkeeping. The FED would never let any one audit them. Crypto audits itself.
Jackson Davis
I am pretty sure what decentralized used to mean, but there's no real definition. It's basically just a more wild centralized thing, even wikipedia agrees decentralized is just a more wild centralized thing. For me this is not decentralization, this is just centralization like picture shows, since you literally go through center, but maybe not all the time, but you still go.
