When did you realize FED and inflation is the real blackredpill in financial politics?

Because it takes away the FED's ability to influence interest rates.
If they cannot decrease the purchasing power of money in order to get banks to invest, economic downturns and depression can last far longer, as in the 30s, causing more job loss and more lives.
The 2nd WW was arguably caused by dissatisfaction with a crisis that was not curbed by governments in any way.
You might argue we don't need the FED, as the modern crisis was rather averted (or rendered less bad) by Obama's stimulus package. But to hand all monetary policy to a government rather than an independent body is also a bad idea (look at african countries with hyperinflation. They are decidedly not controlled by central banks and decidedly much worse off).

People will call me a liberal sheep or whatever because this is Jow Forums and poltards are here too. But they cannot actually argue with what I'm saying. Because they're wrong.
Fixed money supply is attractive because it's simple. But in the modern world it cannot work.

right around 9/11 when I was 14

>The 2nd WW was arguably caused by dissatisfaction with a crisis that was not curbed by governments in any way.

The government had a massive involement in the Great Depression which is why it lasted so long.

>Fixed money supply is attractive because it's simple. But in the modern world it cannot work.

What's changed between 1913 and now? How did the financial system function before 1913?

>Before 1913, financial panics were common occurrences because investors were unsure of the safety of their bank deposits. Private financiers such as J.P. Morgan, who bailed out the federal government in 1895, often provided lines of credit to provide stability in the financial sector.

>The 1913 Federal Reserve Act, signed into law by President Woodrow Wilson, gave the 12 Federal Reserve banks the ability to print money to ensure economic stability. The Federal Reserve System created the dual mandate to maximize employment and keep inflation low.

>In addition to printing money, the Fed received the power to adjust the discount rate and the Fed funds rate, and to buy and sell U.S. Treasuries.

>blackpill
It's only the tip of the iceberg

elaborate further

Space jews

When I was like 12 and watched the zeitgeist movie

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understanding what central banks do is more a white pill because only then do you know how hospitable reality actually is. It's the same feeling as walking out of platos cave.
The blackpill part is as soon as you understand you are also complicit in that system, unless you are working to end that system

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worked out well right

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look up why the FED was voted in 23rd of december in a (((christian))) country....

This. Central banking is such an archaic concept. If humanity could do away with that set of chains life would be much much much better

already knew that, but yeah, it's amazing at this point

how can the purchasing power of gold and fiat differ before 1971 when they were pegged?
CPI as a unit of value is the fundamental lie

if you think zeitgeist explains it you don't get it

>Central banking
I'm afraid central banking is a necessary evil. if you *really* understood what they do, you would let them exist peacefully.

kys

>why the FED was voted in 23rd of december
Why?

Christmas
every body was at home
guess what group are not Christians?

ok kid

I know zeitgeist doesnt mention the jew directly but other than that, what did it miss?

the real issue is judaism
not the FED

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keynesian monetary policy should be made voluntary for people like you who think that others should have their wealth debased to maximise their employment. You should have to throw your wealth away before voting to have someone elses stolen you parasite

>muh jews
is a psyop that herds you like cattle into national socialism.
The one and only problem is that prices are not denominated in pure gold. The current keynesian monetary policy the fed implements is Hitlers wet dream

Keynesian economics is what you see today. Yes, it does put people into debt. But the alternative is feudalism.

like they are not common now?

how is the fed keeping inflation low...lok at the prices of houses ... They are not in the CPI....how convenient, that shelter, one of the things that humans need is not in the CPI.

Why arent we on a gold standard? Jews of course

The alternative is a republic. Read your own constitution.
you are slave that advocates for slavery. Debasement is the single cause of all societal degeneration

You dumb fucking cunt.

>Read your own constitution.
I'm not American.

>you are slave that advocates for slavery. Debasement is the single cause of all societal degeneration
You seem to be confusing the role of central banks with the roles of the government.

?

Ofc you closet statists would say that. NatSoc is just as much of a control freak as anybody when it comes to monetary policy. Literally MMT of its time. Pathetic.

nothing will make sense to you until you accept the fact that karl marx theories hold merit.
that profit is derived from labor extracted from workers, that capital has a tendency to centralize and that if you want to see an increase in wages there is no alternative but state intervention and workers struggle.
You have been sold a lie, that capitalism is perfect, if you knew history youd know about the guilded age when children worked in factories and so on.
Take the marx red pill.

Its surprisingly easy to spot a tribesman

>You seem to be confusing the role of central banks with the roles of the government.
you are condused. you are the one advocating a private unelected bank issue currency instead of the treasury

Shalom Jacob, what's up?

Mussolini refused to pay the (((debts))) and (((communists))) stabbed him for this

nice diggits, but this post didn't even need them. well said

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>treasury
Then treasury becomes the federal reserve. Some entity will rise to control the currency in circulation. Controlling the currency in circulation is essentially defining how the economy moves. If not the federal reserve, then someone else will be doing it for certain. An modern economy cannot survive without an overseer.
To centrally control an economy, you need to have the ability to shrink and expand the money supply. You can't eliminate the idea behind the federal reserve. An organization that prints and controls the money supply will exist as long as human civilization is up and running.

mussolini was a cunt and one of the first neocons along with the Rothschild bastard Hitler, watch some James Corbett to learn a thing or two

you idiots also need to wake the fuck up and realize that corporatocracy and statism (what we now call "neoliberalism") were the foundations of the axis war machine you fucking idiots. it was a rigged game from the start and only the military-industrial complexes profited from WWII

>artificially boosted their economy by massive deficit spending
>the government controlled almost every aspect of business, including down to whether certain hotels could serve jam with breakfast
>food and import shortages in 1939 with the economy teetering on the edge of collapse
>pdfs.semanticscholar.org/fdd5/0a9fdaacd845b61371b35dc290f9b724da88.pdf

where did the "nazis understood economics" meme come from?

>watch the movie my (((friend))) made to convince you your ancestors were wrong

your time is counted Schlomo, and this time we won't leave any survivor.

TICK TOCK.

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I watched zeitgeist a few years back

you psyoped national socialists are worse than communists.
You subvert all your liberty to the state, you advocate for what the fed is doing you imbecile.

The treasury is obliged to follow the constitution the fed is not, the treasury is hsa your political representation present the fed does not.
The constitution says a state will not accept anything other than gold or silver as money the fed is not obliged to follow the constitution
The federal reserve does nothing for the economy other than redistribute value to people who hoard gold at the expense of everybody else. It is an establishment that pumps and dumps the economy, it is a tyranny

The solution is prices must be denominated in gold and currency can be whatever a seller will accept

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>don't kill me please I will stop printing money

AHAHHAHHAHAHAHA

TICK TOCK

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nazis can't even read now

I don't read talmud sorry

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and everytime a nation rises on the back of debasement (just like nazi germany) it should be wiped of the face of the planet because death is preferable to living under socialism

>living under judaism rules is better

Nothin personnel, kiddo.

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look at the state of Russia today KEK

Hitler lives in everyone's heart

hitler was a keynesian.
kys you genocidal hypocrite

OH NO NO NO

this will be you

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They were proud to die for their ideology, this is something (((communists))) will never know

Oh... Keep looking for Hitler's corpse losers he probably died in Brazil just like Mengele

Genociding jews is not something wrong, they are not humans

There are many religions in US, some I'd them don't celebrate Christmas

Hitler was a keynesian you psyoped fool.
Your ideology is an oxymoron and you adopted it because you're a weak man full of hate vulnerable to the lowest form of tribalism.

Before 1929 we had another depression that would have been serious but we took a hands off approach instead and it resolved itself in no time. The Fed’s tactics only make this shit worse. Instead of just real estate we are going to see everything melt in a couple years precisely because the Fed printed trillions to keep this artificial economy alive. All that has happened is companies have been buying back their own stock. There’s no actual innovation. Nobody is taking risks except the Fed. The goal with this crash was to buy everything up one final time while everyone else is trapped by debt and inflation, then transition to cashless society.

>Hay guise, look at me, I can repeat the party line, may I have more goybucks, now?

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Shelter is listed in the CPI. Maybe they’re measuring rent and not the price of ownership though idk

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it has been 11 years since the 2008 recession
These doom paul prophecies are getting old

Only people who never took college-level economics are against the fed.

Oh shit they consider home ownership an “investment” not necessarily obtaining shelter. They do measure shelter by looking at rent... that’s right.

bls.gov/cpi/factsheets/owners-equivalent-rent-and-rent.pdf

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College teaches one particular framing of economics that just happen to be pro FED.

>Not believing our bullshit, means you're uneducated, goy

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all i want to say is fuck the jews.

>ecb: trust gois we are gonna print 5 trillions in one click
>eu: sorry south eu countries, you are have too much debt and we have to drain savings from middle class by taxing and limiting deficit to 3%
literally UNNECESSARY EVIL

It's why Bitcoin was created. We can't change the Fed and we can't convince the kikes to stop printing endless amounts of worthless paper. But we can opt out. Buying Bitcoin is shorting fiat.

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But I like food

i meant that marx was right about the cause but wrong about the solution.
you can have state intervention and working class struggle without communism.

What do you mean Republic?

not an argument

Fuck faggots like you. You write these vague, cocksucking posts and then never divulge. Other spit it out or fuck off. This is a fucking imageboard, there's no clout to be had here in making vague statements you fucking cunt

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Hitler was right about absolutely everything

Not back in 1913

when I discovered fractional reserve and how money is really created

>All that text
Shitcoiners can't meme

somewhere in the past few years

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See like my thread really took off, nice.

Now you have some years of study and realize the truth frens

>N-nooo you can't just let free parties in the market exchange goods and medium of exchange
>THEY must dictate what can be used!!!!!

It makes sense if you think, not that most homeowners live in their homes, but that most homes are owned by people who don't live in them.

>who is Paul Warburg

brainlets dont know what this chart means.

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i think most on Jow Forums have an approximate idea senpai

whats going on CIA

heh... hahaha... hahaHAHA...
BAHAHAHAHAHAHAHAHAHAHA!!!!

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This. Some professors may present the opposing view of economics to the class as a potential side note, but beyond that, Keynesian economics is the status quo of universities. It's up to individuals to explore the alternate viewpoints. Some professors may even agree, but they still have to tow the line if they want to keep their jobs, discounting tenured ones of course.

en.wikipedia.org/wiki/Republic
there'll be no long term stable civilization until people are united against socialism independent of their nationality

Value is a dimension of reality.
Consumer price index is antithetical to a good unit of value with respect to time because consumer goods have price/time relationships (moores law for example).
Keynesian economic theory is anti scientific madness perpetuated to enslave people by making them define value relativisticly meaning they can never stop working.