disillusioned
Kraken
- Joined
- Jan 2, 2019
- Posts
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There is literally nothing stopping society from working with a single fixed money supply. Sure you maybe might need a central bank to very slowly increase money supply over time in the event the economy grows so much that people literally start running out of money but we are talking about VERY minor amounts. For all intents and purposes the social utility of banks (other than just being a place where you can store your money in a big safe) is pretty much zero. You are literally paying them to press a computer button that says "you are rich now" lmao.
Just LOL at brainwashed normies whom have been convinced that banking is somehow needed for the modern economy to exist. Double lol at all the capitalisttards who think creating new money out of thin air is "wealth creation".
Don't really expect you to watch this whole thing but it's there for the 5 or so people who actually bother:
EDIT:
Consider the insanity of thinking banking is required for economic prosperity. Money is literally a fictional resource that doesn't actually exist accept as a make-belief. There is literally nothing stopping the government from increasing the money supply in the few instances where such a thing were to be required by just outright giving everybody in the nation a small amount of free money out of thin air. This would of course cause a bit of inflation, but that happens anyway regardless of the exact method through which the money supply is increased. The difference of course would be that everybody would be impacted by said inflation equally.
Literally the only reason banks exists is to give the rich artificial control over the economy. Literally the only thing you would have to do to massively decrease all poverty in the entire world would be by doing the following 3 things:
1. Ban all for profit banking.
2. Create (if one does not exist already) 1 central government bank who's sole purpose is to store your money for it's protection.
3. Add a tiny amount of free money to each individual's bank account every month so that the money supply can expand very slowly over time.
There. I just solved 90% of the world's poverty. And no, this isn't a strawmen. This is literally how much bullshit banking is. You have no idea how brainwashed you are about the utter and complete pointlessness of for profit banking. It's the biggest scam/lie in history.
Fuk me gonna add this to the OP.
Just LOL at brainwashed normies whom have been convinced that banking is somehow needed for the modern economy to exist. Double lol at all the capitalisttards who think creating new money out of thin air is "wealth creation".
Don't really expect you to watch this whole thing but it's there for the 5 or so people who actually bother:
EDIT:
Consider the insanity of thinking banking is required for economic prosperity. Money is literally a fictional resource that doesn't actually exist accept as a make-belief. There is literally nothing stopping the government from increasing the money supply in the few instances where such a thing were to be required by just outright giving everybody in the nation a small amount of free money out of thin air. This would of course cause a bit of inflation, but that happens anyway regardless of the exact method through which the money supply is increased. The difference of course would be that everybody would be impacted by said inflation equally.
Literally the only reason banks exists is to give the rich artificial control over the economy. Literally the only thing you would have to do to massively decrease all poverty in the entire world would be by doing the following 3 things:
1. Ban all for profit banking.
2. Create (if one does not exist already) 1 central government bank who's sole purpose is to store your money for it's protection.
3. Add a tiny amount of free money to each individual's bank account every month so that the money supply can expand very slowly over time.
There. I just solved 90% of the world's poverty. And no, this isn't a strawmen. This is literally how much bullshit banking is. You have no idea how brainwashed you are about the utter and complete pointlessness of for profit banking. It's the biggest scam/lie in history.
Fuk me gonna add this to the OP.
Last edited:
