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?
It's pretty simple. Issuing currency in the form of debt guarantees that the debt can never be paid off and also requires a continual stream of new loan takers or else the system collapses.
Jaxon Phillips
bump
Angel Ward
I thought the reason the central bank issued currency was for quantitative easing? What happens when there is no central bank to do that?
Hunter Ramirez
>implying our government wants to improve our standard of living We are being killed off lol
Kayden Sullivan
Quantitative easing could be done through national banks not based on debt.
Matthew Robinson
that's why /we/ need to become government i'm running for member of parliament in 2019. i'm doing my part.
Charles Sanders
But that would mean linking every bank to the government right? So it wouldn’t be truly free market. Banks would still issue currency as a loan, they just wouldn’t do it from a centralised, arguably more efficient position. So what does it solve?
Samuel Mitchell
QE is fucking stupid and props up failing banks that parasite off the economy
Adam Richardson
It's important to recognize when central banking started and when it seized power. The central banks were established around the 18th century and abandoned the gold standard in in the 1930s.
Economic theories in defense of central banking are susceptible to the more basic ones. If there is less money in circulation then the value of the money is greater (supply and demand).
Free market is better than a corrupt socialist. Ask your local Imam what's sinful about usury.
Benjamin Watson
This is the real answer but some people seem to think that it is needed. I'm just pushing one step at a time. Anything that takes the issuance of currency away from jews would make me happy.
Kayden Jenkins
How do we begin to accomplish this?
Christopher Nguyen
We need to make SEPARATISM popular again. Sup Forums is fucking STUPID for not using this strategy.
We could work with the left/other races/different ideologies to separate from them.
Levi Perry
Also like everything in life there is risk and reward you've clearly stated the reward but what's the risk? what ensures this wealth?
Jack Walker
Underrated
Asher Roberts
I’m not opposed to not using QE every time inflation takes a spike as a sugar fix, because it arguably causes more inflation than it fixes. but I’m sure you can agree as the economy grows and population increases, never raising the amount of money in the economy again is problematic.
My only worry with removing the central bank is that passing the roles onto commercial banks would give them unregulated opportunity for corruption. I recognise that happens anyway, but you get the picture. I’m willing to hear any argument against this. I’m for small gov policy, I just don’t see it fitting in this case
Piss off burger watch you don’t get diabetes
Chase Gomez
Would the other races have the mental capacity to understand the plan?
I think they would just expect gibs like in any other economic system.
Easton Long
No need to worry if the currency is issued directly by the federal government without debt. Commercial banks shouldn't be allowed to issue currency for obvious reasons. The issuance of currency doesn't prevent any nation from removing excess bureaucracy and making government smaller. Having central banks leaves a country vulnerable to the kikes, this is the biggest argument against it and also why they have killed anyone who dared take away their monopoly on issuing currency.
Evan Scott
Which is exactly why the plan would be most effective in an ethnostate.
Michael Thomas
>what ensures this wealth? deflation
We have to get white liberals to get on board first, then the lower races will go along.
Separatism is the absolute best strategy and anyone that doesn't support it is probably a shill.
Gavin Moore
I see your point, any exposure to corruption of an unregulated banking industry is a lesser evil than the exposure to corruption of a centralised bank with all the power
Ian Sanders
Now you get it.
Owen Howard
...
Matthew Watson
Of course you chimp out like every bongcuck. Honestly I do mean to ask a Muslim what's wrong with usury because they seem to be the only cult that realizes how fucked up it is. It was seen as a sin by Christians for a long time until Jews. Would you lend someone something if there wasn't a powerful system in place to enforce its, nearly guaranteed, future retrieval? When you lend someone something, do you temporarily lack the lent item or have you traded it for a favor? Could you not trade your fiat debt for a non-fiat currency as is done by cash-advance schemes? Do you go to work and expect to be paid a different wage at the end of the day than the agreed amount?
Daniel Ramirez
DUMB WEEBLOLBERTARIAN POSTER
Angel Jones
Why are you so triggered? If you can read, I had a civil discussion with OP about the whole premise, asked him questions, aired my concerns, and came to agreement, you charge in with O FUG SHARIA HAHA ASK UR IMAM and them lose control when I tell you that you’re at risk of diabetes kek. I might have mudlslimes as neighbors but poor OP has people like you
Aiden Jenkins
>the first country to eliminate their central bank and allow free market banking will have the highest living standards on earth within 5 years. DOOOONAAALD
Joshua Lee
imagine being this much of a cuck
Isaac Bennett
Bump
Charles Myers
You acted like I called you Muhammed, which makes sense with that whole twice beaten dead horse, but it doesn't excuse you from continuously focusing on it and not reading any other part of my posts. Ergo Chimp.
NK: a communist third world country blockaded from the western worlds technological advances by a Chinese pay-wall. I'm sure that can all be attributed to the lack of a central bank though /sarc
Thomas Clark
Tell that to Syria.
John Diaz
or you could realise capitalism is based on jewery and that the greatest system that would push humannity to tg starts is fascism.
look at japan. prove me wrong.
Daniel Barnes
to the starts*
Asher Perez
>or you could realise capitalism is based on jewery its not you dumb kike
white people used capitalism successfully for 100s of years
fuck off you piece of shit
>look at japan. >prove me wrong. Extremely capitalist, extremely liberal, extremely nationalist. try harder faggot
