[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

Search:


View post   

>> No.12980893 [View]
File: 176 KB, 800x885, 1551659264008.jpg [View same] [iqdb] [saucenao] [google]
12980893

>>12980582
the problem isn't interest on real money / loans. the problem is phantom interest on fraudulent currency created out of thin air especially with no reserves and leverage > 100-to-1. the best solution is still the one proposed by Bill Still, a currency issued interest free by a government bank with very strict limits / oversight to account for increases in the population and spur growth.

what you mental midgets fail to realize is that at this point the shews, quite literally, control all the gold. therefore, by creating a highly regulated and managed national currency you can quite easily bypass the shews altogether and obtain true freedom. lincoln and kennedy tried to do this and got murked for it. if you create a gold-backed system, the shews will just "pull it" at any point in time. which by the way, they have multiple times during the 19th century.

for proofs on how a government owned bank operates without gold and high leverage (minimal leverage, mostly loaning actual savings and capital) look no further than the Bank of North Dakota. its been around for 100 years and has funneled billions back into the economy. it also spurs economic activity and lowers taxes. its the only one of its kind. but of course you sub 70iq retards never bring up this example. never mind its a proven successful business model with a 100 year track record. i would like to slap you imbeciles a couple of times. stupidity needs to be punished.

Navigation
View posts[+24][+48][+96]