How does economic collapse happen?

>How does economic collapse happen?
The lies stop working, and then the goyim need new lies.

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Do all businesses really need loans to keep going? Can't they rely on their profits?

>Would anyone really benefit from absolute economic collapse

It creates a vast opportunity to swap assets of disproportionate value. Some people become incredibly wealthy as a result of depressions and collapses

It can also happen due to government interference. Dont be a dumb leftie thinking govt is exclusively good.

no they don't all need loans. Loans are important not just for businesses. Individuals use loans to buy houses, cars, etc.

Competent central banks basically exist to prevent economic collapse. In countries like venezuela, there is no such thing, or they are incompetent. You can't just print money endlessly in a recession, you need to cut spending as well

Yes they do, all the time. To start with basic macro-econ, a business can only survive be expanding. By expanding they need more capital (90% of the time it's capital they don't have themselves because all of their capital is already tied up in assets). Think McDonald's for example. Sure, they're worth 20000 billion dollars, but that money is tied up in machinery, real estate that they sit on, employees wages, etc. That all factors into it. So when a company says "we made xxx.xxx this year they're talking gross not net). There are exceptions to the rule but the vast majority of them have to come into a bank (I work with 7-figure plus loans) and they have to come to us to build that new place across town or in another city to expand. There are mom and pop stores that survive on their own because they're frugal and put every penny back into the business, but the vast majority of corporations don't have that kind of currency on hand and constantly need loans to expand or maintain their current location because they drip their stores/services/establishments dry to go on million dollar vacations or buy all sorts or useless toys they later have to sell off. Without going into too much detail, those huge companies you think of everyday are shit-tier and if you crack open their books and look at their accounting, credit scores, etc they are either in the red (negative) or getting close. Most every business in the US relies on a) Summer when people spend more or B) Christmas time. Hell most businesses don't even make it into the Red (profit) until Christmas time, they literally make 80% of their money around those two very limits out of 12 entire months. There are exceptions like Microsoft, google, etc. where it doesn't matter what time of the year it is, if you new innovation drops it doesn't matter what time of the year it is they still make money. But what good does it do if, in your city, there's an Amazon Warehouse and nothing else?

Also the number one rule of business is not to pocket your profit but to dump the majority of it right back into the business for improvements (at least in the early stages). So that guy you think is a multi-trillion-billionaire might have a bank account of only a million or less (which sounds like a lot but really isn't when it comes to business). If 1 machine in each of his 5 factories breaks down and is irrepairable/needs to be replaced to continue any production, the guy could go belly up but he still owes the banks that $4.5 million loan for his "great idea" he sold them on and they're not going to be sympathetic. You pay them or they tear the place apart and sell anything of value and sell it off to recoup even a fraction of their original loan. It's basically like a business-style foreclosure where anybody who wants to buy this machine or this tool or whatever can buy it at auction for next to nothing. If you ever have a second, check out the major bank's websites and go down the rabbit hole, at least half of them have their own auction house on another website that does specifically this. It's not a "scam" or "evil banks", they're not greedy they just want the money back that the guy agreed to pay back from the start.

You have lived your entire life during a slow economic collapse, how have you not looked around and seen it? Why do you need to ask?

>Competent banks exist to prevent economic collapse
Lmao
Please read anything on monetary theory. The recurring boom-bust cycles are the predictable and inevitable result of central banking policies. Manipulating the interest rate starts a cascade of price imbalances that ends with a correction to the mean, the momentum of which usually carries it under the mean aka depression.

Central bank prints money
Central bank loans money at sub market interest rates
Businesses projects that are unprofitable in reality now seem profitable on paper
Unprofitable business ventures start
Rise in demand for capital goods raises prices
Ventures need more credit for capital
Can either a) acquire it and the cycle is extended or b) cannot and go under
At some point bank cannot print more funds for fear of hyperinflation and a flight to real values
b) happens on large scale
Businesses liquidate to settle loans
Prices plummet
People abstain from investing
Depression

What collapse? Since 2008 are economy has only been on the rise in any metric you use. Clowns like you need to actually go to school and stop sitting at starbucks circlejerking about communism. JFC.

It's important to remember that wealth cannot be printed. You can print notes that allow you a portion of the wealth of capital goods and consumer goods, but this does not create more wealth.

Printing funds and loaning them just apportions scarce capital to unprofitable business (since profitable business could already loan as much as they needed at market rates). Capital is wasted and at some point needs to be replaced through savings

This is at the heart of every boom-bust.

The simplest comparison is with personal savings. If you save 1000 a month you can live one month as if you make 11000 a month, but you mustnt fool yourself into thinking it will last. At some point savings need to be replaced.

Oh shit, not the interstate rate conversation. Hey dipshit, just because you haven't read economic theory doesn't mean you know jack shit about it. Interest rates rise and fall due to supply and demand. If interests stay at say 1.0% then literally every person everywhere could buy a $400,000 house. Were you even alive in 2008? That's precisely what caused the housing collapse. The fluctuation of interest rates is put in place to prevent massive failures like that and for banks to hedge their bets against failures just like Credit Scores. If every Tom Dick and Harry could walk into a bank with a 440 credit score and get signed off on a million dollar house, the shit would collapse again because they very clearly can't afford that property. Banks are also a business, the interest rate is literally how they stay in business. You expect banks to be non-profit organizations that just hand out loans and houses like Oprah or some shit? FFS. Go to business school. How long would a bakery stay open if they charged their customers the exact cost of materials and cooking to make a cookie? They'd be bankrupt in a week. You assclowns always whining about banks haven't the slightest clue about how the real world works. Banks aren't some evil villain trying to hold the man down, they're a business. You walk into a business, as an adult, read your contract, sign your contract knowing full well what's written on it then bitch and moan later when you can't pay for your shit because you're a broke shitbag. I love when idiots like you get foreclosed on because you have no sense of long-term goals, financial responsibility on an individual level, and most don't know what it is to stick to obligations you've made. You deserve to be homeless imo because you're braindead and want everything handed to you. You expect to walk on to a car lot and demand they give you a brand new car for the exact price of materials and labor it took to assemble the thing?

>You might aswell use high fives as currency.
Why not? I'd be very stingy with my high fives, a total fucking high five jew.

>How does economic collapse happen?
It's like waking up from a dream or being smacked out of a delusion.

Not to mention your interest rates on a mortgage or literally anything else financed a bank is directly correlated to your credit score. Your credit score is directly correlated to great or terrible life decisions you made, individually, on your own. In college, got 20 credit cards, ran them all into the ground because you're not responsible enough to pay them on time or at all? Yeah, you're a shit person and it reflect in your credit score. Good student, got 2 card credits, paid them all off every month on time with no defaults? Hey, you're a good candidate. You could walk into a bank TODAY and apply for a mortgage and looking at those two credit scores, the 1st one's going to be denied, the second is going to be approved. You know why? You're begging a bank for $200,000+ of their own money to trust that you'll pay them back. If your track record shows you're a dirtbag that doesn't pay anything back, you're going to get denied or you're going to an 8.5% apr instead of the other guy who's going to be instantly approved and gets a 2.5% apr for the same property. Stop blaming shit on banks and take some fucking personal responsibility for your own dumbass decisions through life. That's really all it boils down to. No one, in the history of banks, that can show a decent period of financial responsibility and on-time payments is every going to get denied at a bank, those types of people are their primary demographic and they cater to them. You're just some broke clown that they don't give a shit about and they have no responsibility to care what your situation is. Do you tell a sob story to the Burger King attendant so you can get a discount on a Whopper? They'll laugh in your face

Very informative. Thanks anons.

Lmao why so mad. Interest rates fluctuate naturally based on time preference. Central banks manipulate the interest rate to be lower than it would be in the free market. When you do this, you loan money to business that did not get loans at the free market rate. This is because the private lenders thought they were too big a risk or the business wasnt prepared to take out a loan at market rate.

My problem is not with interest rates but with the manipulation of interest rates by state coercion. This kind of action is misguided and leads to wasting capital.

You're welcome
And NO, they don't fluctuate on "time preferences" again. What ate are you 14? Interest rates on the fed level fluctuate to encourage spending or saving. When they drop the interest rate, they're trying to stimulate the economy more and get people to buy and consume products because it's more to the consumer to do so instead of stashing away all their cash into a savings account. If the interest rate is astronomical and out of everyone's reach, then nobody's buying shit and everyone's hoarding money in the bank. This puts the economy's gears at a grinding halt. They DROP the rate to discourage people from buying bonds and sitting on them to get paid a profit later on rather than going out today to buy goods and services. If the fed drops rates to 1% or below then wa-la now every body can go out and get a house (or a mortgage in this instance). That floods the housing market and in turns drives housing prices through the roof (look at gangbanging Oakland California right now where their slum ass 1 bedroom shakes are worth $500,000.00 each. Shit's out of control with housing prices) Thus, the fed raises the rate to 3, 4, 5% because they may seem like small numbers but it's the difference between paying $80,000 on a house somewhere in the US to paying 2 million for a gang-infested shack in Chicago. Some products and services are limited as are labor to construct those new buildings. The higher the rate to BUY, the more people are shuffled to the rental sector which is also an enormous part of our economy. The shit's done on purpose based on the economic climate and what's best for the country. Answer this, hot shot: If everyone had a 1.0 interest rate and a credit score to actually get a mortgage, what would happen? There's only so many "nice" houses out there, only so many mansions, etc. In your little pea brain you think "hey everyone could live in a mansion." Wrong. It takes general contractors....

plumbers, electricians, masons and all other trades to actually construct those houses. As it stands, we have a lack of those trades in this country they literally wouldn't be able to keep up with demand and you can't just shit in tons of migrants who don't know shit about shit about framing a house or running wires. It would be complete chaos. They adjust interest rates when the country needs to. It's a balancing act of supply and demand and the people who decide that are damn good at their job. They take all this into consideration, including the banks. That's where the "banks are too big to fail" motto came from because if you flood the banks with section 8 fucks with no jobs and just hand out houses wihen they have no way to pay back the bank and build a 600,000 house there are a dozen sections of the entire economy that doesn't get paid for it and it collapses. Jesus Christ read. read books, trade bakes, finance books, just basic theory before you post again and look like an absolute buffoon.

Financial collapse = use loans, banks increase or decrease value.

Financial collapse is actually a good thing if it destroyed the banks and big corporations, but it doesn't, they lose money, but end up getting richer by buying smaller competition.

Financial collapse goals = own goyim

You can't own what doesn't sells, you sell because you are on loans and can't keep up paying loans.

Post-Financial collapse goals = your country isn't owned by you, so you are controlled by others.

Financial collapse can't collapse what you own, your shoes won't collapse, your cabbage won't collapse, your dog won't collapse, unless you only buy store food for your dog which store collapse because it was based on loans.

>Economic collapse starts with the banks.
Lol

Also, who's mad? You'r'e half a retard probably 15 years old who hasn't the slighest grasp on how the world works but I bet you and friends fly off the handle to be contratrian and blame everything on banks when really you should be shitting on politicians instead. The world works fine for the most part, you're not special, you're not sevant that has it all figured out, you just should shut up, grow up a few years and learn about the world around you before you start making these false, grossly generalized and moronic statements. I know you're on an origami hedgehog grooming chan and all, but the more you type the most you show the rest of us how goddamn stupid you are and how you have no grasp whatsoever on the world around you.

LURK MORE

Economic collapse starts because banks don't prevent it. Banks can always regulate the economy, but in free market they don't want to. So when does economic collapse happen? When goyim has enough inflation and stops working, but we are past that, since goyim is being replaced by Mexicans. So then collapse will happen when wageslaves stop working. Central banks in free market won't ever stop inflation, because it increases the value of their private banks.

Who causes financial collapse = capitalists
Who doesn't prevents financial collapse = central banks
When does financial collapse happen = when goyim has enough
How does state prevent financial collapse when goyim really had enough = increase minimal wage
The system won't collapse unless goyim really really had enough.

My country is pretty much here.

>manipulation of interest rates by state coerration
states don't control the interest rates, the feds do, completely different entities. Missouri doesn't have different interest rates than Florida dipshit, read the paper sometime it's in there literally every morning.

>It leads to waisting capital
Wasting who's capital? A bank makes an offer. You, wanting to buy a house go in asking about the terms to buy said house. They set the paper in front of you, you read it, agree to it and sign it. Money never changes hand at the point, ever, with the exception of an interest-free down payment. As you start to pay your mortgage off month by month, a fraction of that goes to the bank as their profit for taking a gamble on some total nobody that walked into their bank (you) and asked for 2-300,000 dollars of THEIR money. They've basically invested half a million or more into you, as an individual, and do expect return like any other investment. For the 100th time, they're a business. You think they hand out $500,000 because they're altruistic? Fuck no. They're a business, they have to keep the lights on, they have to hedge their bets that you may never pay back, and they have to use that interest they collect to you to lend money out to other needy people. It's an incredibly simple system that works and yes, they do make a profit off of it just like Apple makes a profit from selling iPads but you're not going after Bill Gates and protesting outside his offices because he's unfair are you? No. You're just some indoctrinated dipshit who doesn't know what they believe or why. You faggots are a dime a dozen and anyone with a home or in the finance sections laughs their asses off at you impotent idiots. Trust me.

Private banks won't collapse, because you have loans with them. If they did collapse and you had financial crisis, that would actually be good. Remove banks, store money at home, problem? No problem, unless your money isn't nationalized, which it isn't.
Solution: take everything with force, since private banks want to take everything without force anyway. No loans, no problem, no private banks, no problem, no international banks, no problem.
You have a problem because you don't control your land.

niggers and the jews who use them

Central banks only make the rules. You get loans with private banks. Private banks, unlike nationalized banks are in business. Business = profit. Central banks aren't profit companies.

Sorry to hear that my friend, perhaps it's time for a move. I just see people every single day living outside their means coming in for a loan for a corvette or a $300,000 house when they make 30k a year and expect a 2.0 interest rate. Like, mate, banks do take gambles on rare occasions to help out the common person and take a chance but they're basically gambling with their own money when they hand out a loan as to whether that joe schmuck is every going to pay them back. Now they've run into enough idiots who have defaults, banks are out that $200,000 they loaned and of course rates rise because they can't constantly eat millions of dollars in loans that never get paid back and still stay in business. They have to pass those higher rates down to others to make up for that $1.5 million they lost last week. Banks aren't magical wizards who can cast a spell and magically make more money appear. They're just average people in finance who do risk/reward assession day in and day out. Some days they win, some times they get absolutely shafted then the next day some dipshit rolls in with sub-par credit and no money to the name calling it "racist" that they got denied for a $500,000 house when they one 1 job at McDonalds. Shit is insane sometimes man.

The whole idea of loans/credit/debt is for you to work, so they can print money and be at any time more valuable than you, so they control you. They can always print more money for themselves than money they give to you.

>no loans
Great idea, Jeb. So the next time you need a new tractor go ask your own poor ass buck-tooth neighbor who also has no money for a $400,000 tractor so you don't die if starvation by the time that next the next harvest comes through. Man, if only we could go back to the gold feudal days where everything worked out and everyone had money and their own personal bank. Great contribution, Jebidiah.

Banks only have as much control as you give them dipshit. It's not a conspiracy theory. Go work in a field, get paid cash, put it under your mattress for all I care. Banks offer safety, vaults, safe boxes for your valuables, loans, re-financing your loans. They WANT you to pay back your loans as quickly as possible so that capital is back in the building and we can loan it to someone else. I don't know where you ham-radio burn-out junkies get your ideas from.

Since some companies require to be able to take out loans to pay wages and buy goods for value adding work. when the banks have no money to give it puts a spanner in the works and breaks the cycle where the company can continue operations. Hence it has a flow on affect where the supply chain is fucked up.

All modern economies use fiat money, and fiat money relies on confidence that it has value. When people lose confidence in the magic shekels then everything grinds to a halt.

There are a lot of different reasons why people would lose confidence: They expect hyperinflation, or a default. The issuing authority no longer exists (conquered). Disasters or emergencies have made "symbolic money" useless when basic necessities are running out.

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No, you simply buy a tractor, why do you need loans and banks to store money?
How economy should work:
you work, you create a product --> bank prints money, gives money to you
how economy works now:
banks print money --> money is given to billionaire, he at that moment becomes billionaire --> that billionaire buys companies, hires bosses --> bosses employ you, you get a chuck of billionaire's money so you work --> you don't get enough money so you need loans and debt, so you keep on asking for more money and need billionaire investors and banks

There's no reason at all to store money with banks or get loans, you store money at home and when you have enough you buy something. No need for interests, since there's no banking business, banks just print money when you produced something.

That isnt how money is introduced

A lot are caused by famines: Food becomes more expensive so money becomes cheap.
Also if a government had been deposed, the new government might mess with the economy and make to much or not enough money

Who gave them that control? I was born already in debt, wasn't i? My land didn't belong to me with birth and they told me i need to study their Jew companies and invest into their capitalistic companies to survive. I never had the chance. I have to give banks control you dipshit.

I can tell half of you ITT don't have the kind of money where you'd actually be able to use a bank. Pay $4 a month for a safety deposit box, stuff all your cash in there and no one, even the bank, is the wiser. It's not some big-brother scheme to fuck with your finances. They're a service plain and simple. If you don't want to use them and make your life easier then don't, not a single person's going to shed a tear for you but don't try to act like a bank's the devil incarnate, they're not masons, they're not satinists or rothchilds, they're normal people counting whatever money you bring and putting it in a box for safe keeping for you. It's a hell of a lot safer than sticking it under the rug in the house and waiting for Jamal to keep your door in and steal it. You conspiracy theory people are soft in the head for real.

That's exactly how money is introduced. A guy goes into bank, sits down to coffee in private office with bank boss and he's given a heavy loan you will never get as regular citizen and at that moment that guy becomes a billionaire or millionaire. Then they just employ workers. What are stocks? Same shit, banks decide initial value of stock based on future benefits for economy, which benefits are being close to their own banks and Jews.

>Do all businesses really need loans to keep going?
No, only the ones that are mismanaged.

>Joe Bob Fuckstick had a bad harvest
>Shucks sitting on $40 to buy beans for his 4 kids
>Tractor broke no harvest this year, better luck next time
>I know! I'll go buy a new $300,000.00 tractor
>Oh wait...I have 4 dollars
>Surely $4 dollars will be enough
Seriously eat a bullet, you're far too stupid for this conversation.

Typically a central bank creates the money then loans it out at interest to retail banks and then the banks loan it out to people and businesses to make their money on that. Its not like some jew is given an interest free loan of a billion dollars

Read the history of banks before I type out another paragraph. Bank of America and Wells Fargo didn't just appear out of thing air one day you incredible idiot.

>You expect banks to be non-profit organizations that just hand out loans and houses like Oprah or some shit?
That's what we have credit unions for

Boy you sure are angry

>Joe Bob Fuckstick had a bad harvest
>Joe Bob Fuckstick paid into collective cash register in case of bad harvest
>Mary, John and 1000 others didn't had a bad harvest
>Joe Bob takes some of saved money from cash register, which is less than 0.01% of money, he survives
OR
>Joe Bob Fuckstick had a bad harvest
>Joe Bob Fuckstick paid into collective cash register in case of bad harvest
>Mary, John and 1000 others didn't had a bad harvest
>Joe had own garden, he survived without taking any money from collective cash register
OR
>Joe Bob Fuckstick had a bad harvest
>Joe Bob Fuckstick didn't paid into collective cash register in case of bad harvest
>Mary, John and 1000 others didn't had a bad harvest
>Joe was a capitalistic moron living in capitalistic city like New York where he didn't even had his hands dirty in dirt, he was just an owner of farm to charge percentages like banks with loans and should die from starvation

The people who own the businesses get scared and start selling their pieces of said businesses. When the value of the business goes down, less people are willing to buy the business as they see a trend that it's decreasing. Since selling shares make the business money, being forced to re-buy those shares loses the company a lot of money and reputation. Then, as the business needs to fill that money hole, which can be billions, they find ways to cut costs, which means raising prices and sacking workers, the latter of which happens all too often and is what kills economies for a small gain in profitability. This is how governments lose money as they put the former workers onto jobseeker's allowance and give them a small income to survive on while they search for a new job.

In short: investors being skittish kills livelihoods and forces people onto the dole, which gives your hard earned money to the jobless.

Basically everybody discovers that they and their debtors are not as solvent as they thought.

Central banks only create money when they buy something valuable from private banks or corporations. Why are those private banks and corporations valuable? Because of dumbass privatization and profiters of capitalism. So when central bank buys something they give you money and that's called printing of money, that's called also inflation. When central banks sell something to private banks or corporations that is called deflation aka central bank takes money out of circulation and there is less money. Dumbass American private system of capitalism.

no jobs

loans get called in people have to pay their debts everyone panics withdraws what they can from banks shit hits the fan

When you stop paying your loans back

So Apple should give out free iPads since not everyone can afford one? Why is it a business's fault that not everyone can partake in their business? The banks have no obligation to do anything except what government regulations force them to do for OUR benefit, as regular consumers.

Stop making excuses and creating scapegoats. The only problems in your life that matter are the ones you can control and are responsible for. Be smarter with your money. Learn to be adaptable, too, and I promise you will never complain about banks again.

There seems to be a consensus loans are bad...

>user's dream government bans banks
>user stores his savings at home
>Has a gorillion dollars saved up to buy the world's supply of dragon dildos
>Gets robbed
>"Wtf kike government why did you ban banks!"

Don't pretend like this wouldn't happen, dumbshit.

Who said Apple should give free anything? Apple shouldn't even exist, because they force people to learn and buy their stuff. Apple should surely pay everybody money who studies their products in school and those people should 100% get a job at Apple, especially if they don't get money from Apple for studying Apple.

>The banks have no obligation to do anything
That's right, they have no right to give me loans or own my land. I am the sole owner of my land when i get born, not some Jewish boss at bank that sits in another country.

>Stop making excuses and creating scapegoats.
No excuses, just death to every rich guy, because they didn't earn it.

>Be smarter with your money.
By not using their money, but first we have to kill them, since they don't allow me to evaluate my own work on my land.

International private banks should only exist when we trade internationally, there is no practical logical reason to use such bank to store my own money. Either store it at home, with collective or with nationalized bank, which banks shouldn't mix native currency with foreign currency, not once, never. What American banks print should never be allowed to be translated into my own currency. They have own rules, own bullshit, we have own rules, own bullshit.

>Apple shouldn't even exist, because they force people to learn and buy their stuff.

Stopped reading there. You're just a crying Marxist lefty retard. Why should I bother with you when you think nobody has free will and corporations just "force" people to buy things. If you truly feel compelled to buy an iPad because Apple made a nice looking ad to promote them, you have MUCH greater issues than central banks.

Look faggot, what country owns or what international trade does, if they screw up, that shouldn't overflow to me. I am not the owner of government, neither i control international trade. So they should die when they fuck up. My money and my native work should produce own currency, which small chuck can be given to government through translated money into government currency, but that currency should never influence me, neither should international trade. International trade has to either make me an owner of decisions or get no money at all from me, even if this is the case, i will never be owner of all international organizations so i shouldn't care if they fuck up and die, neither i should care if private banks fuck up and die, that's their problem, not mine. Americans want to make it everybody's problem, not just citizen of USA, but whole planet, this is what globalism is. Some curly locks faggot in USA screws up and we should pay, right? WRONG.

When the trust fails so does the economy.
It's interesting economics seems almost like it's more about psychology than money.

It's like asking people to use garbage as currency. Zimbabwe has experience with their 100 trillion dollar bank notes.

Attached: Zimbabwe_$100_trillion_2009_Obverse.jpg (1764x875, 1.26M)

You can use anything as currency, but problem is they will attack your country if you do that, like they did Gaddafi.

THE REASON FOR WAR IN LIBYA:
globalresearch.ca/hillary-emails-reveal-nato-killed-gaddafi-to-stop-libyan-creation-of-gold-backed-currency/5594742
>Hillary Emails Reveal NATO Killed Gaddafi to Stop Libyan Creation of Gold-Backed Currency
>A desire to gain a greater share of Libya oil production,
>Increase French influence in North Africa,
>Qaddafi’s long term plans to supplant France as the dominant power in Francophone Africa)
lifeinsaudiarabia.net/blog/2018/01/03/what-happened-to-colonel-gaddafis-143-tons-of-gold-after-his-death/
>What happened to Colonel Gaddafi’s 143 tons of Gold after his death?

THE REASON FOR WAR IN SYRIA:
en.wikipedia.org/wiki/Genie_Energy
>a retail energy provider in the United States, and Genie Oil and Gas, which is pursuing a conventional oil project in the Israeli-occupied Syrian Golan Heights.
>board is composed of: Dick Cheney (former vice president of the United States), Rupert Murdoch (media mogul and chairman of News Corp), James Woolsey (former CIA director), Larry Summers (former head of the US Treasury), Bill Richardson, former Governor of New Mexico, an ex-ambassador to the United Nations and United States Energy Secretary.[2], Michael Steinhardt, Jacob Rothschild,[3].[2], and Mary Landrieu. Former United States Senator from Louisiana.
>The president of its Israeli subsidiary is Effie Eitam.
en.wikipedia.org/wiki/Effi_Eitam
>Israeli politician and former military commander.

All banks of Africa are privatized, they have no autonomy, their value of anything is evaluated elsewhere. They can't simply print money on nothing being produced. Problem is they can't produce anything, since they are owned by foreigners and they are retarded niggers.

>for 2-300,000 dollars of THEIR money
That's not really how banking works, banks create new money (credit) out of thin air and loan that out. See fractional reserve banking

Are you talking about running a currency without the central banks?
Yeah, you cannot do that. You pay your taxes to the IRS and you pay your taxes to the elite or you get FUCKED.
This game was already rigged before you were even born.

You can run your currency with central banks, your central banks just shouldn't translate your currency to dollar in IMF or any other organization.

investopedia.com/terms/c/convertible-currency.asp
>A currency that can be readily bought or sold without government restrictions,
>The most convertible currency is the U.S. dollar. It is the most traded currency in the world, central banks hold the U.S. dollar as their main reserve, and a number of asset classes are denominated in U.S. dollars meaning payment and settlements are made in U.S. dollars

Zimbabwes inflation was due to blacks so stupid they thought they could seize farmland from farmers without consequence.

>It's interesting economics seems almost like it's more about psychology than money.
Of course it is. It's why commie attempts to steer economic flow always result in shortages. You might as well be trying to herd cats.

Most DO want to lean on the USD because it's so stable.
Nothing worse than an unstable currency to destroy trust.

You mean they didn't produce enough for global market, because they play with stocks? And even if they didn't produce anything, they would still print money, because they love money. Prototip: you can't sell your crops even in EU, unless you produce GMO crops like they tell you and buy chemicals like they tell you. You can produce all you want if you can't sell or they fuck your price into the ground.

ya credit as in credible
if you had to pay for things in blood or water soon things are very different

Zimbabwe should produce for own mouths, not try to sell it globally. They should also build for own people, but problem is if you don't have material, then they though they would print more money and buy it with loans.

Try defining money first.

You do realize that most loans are sold as a securitization, right? The stuff that doesn't fit into a securitization is kept. So if your loan is subprime and fits into a secuitization its as likely to be approved as a good credit loan. Mortgages are mostly sold to the agencies anyway. They do very little PLS, so Jumbo on the books is worse than a subprime in a PLS. The whole model is to lend to sell now. You don't know where the loans you approve end up.

Lol at the brainlets in this thread

Here you go OP: m.youtube.com/watch?v=PHe0bXAIuk0