>if the government prints money it's called central banking, if you print money it's called counterfeiting and you go to jail
If the government prints money it's called central banking...
Isaiah Baker
Henry Harris
Woah....
Moly.........neux...............
.......................d.....e......e.....p.............................
Landon Carter
Demand 5 of the Communist Manifesto:
>Centralisation of credit in the hands of the state, by means of a national bank with State capital and an exclusive monopoly.
Charles Foster
Yes. Correct. Problem?
Chase Ramirez
>This measure will make it possible to regulate credit in the interests of the whole people and will thus undermine the dominance of the large financiers.
>By gradually replacing gold and silver by paper money, it will cheapen the indispensable instrument of bourgeois trade, the universal means of exchange, and will allow the gold and silver to have an outward effect.
>Ultimately, this measure is necessary to link the interests of the conservative bourgeoisie to the revolution.
Gavin Foster
>government prints money
WRONG.
The (((Federal Reserve))) is PRIVATE.
& creates money out of thin air & lends it to the Government + interest,
& Gov guarantees repayment via TAXATION
Jace Davis
Robert Cook
To be fair we were in a shit tonne of debt before we left the gold standard, after the Napoleonic Wars (funded by Rothschilds) debt was more than 200% of GDP. Don't get me wrong, printing money spirals out of control but I want an explanation for this.
Liam Hall
Why haven't you donated 10K euros to Molyjew already, frog?
Jeremiah Morgan
>if you print money it's called counterfeiting and you go to jail
you're free to print your own money, just look at guys who make Monopoly. you're not free to print money resembling money printed by Central banks with the intent of using it as if it was really printed by said Central banks
Mason Long
He missed the part were the federal reverse is owned by jews.
Landon Young
Luis Evans
government status: cancelled
Caleb Reed
Based Jew-bros destroying the anglokrauts.
Lucas Myers
You are retarded, the fed uses interest rates to control the amount of money supply to stabilize and support the economy at least in theory. They don't make a profit.
Henry Parker
>MMT
>not complete hogwash
Oliver Ward
how would YOU know what they do with their profits faggot.
the fed has NEVER been audited.
Dominic Harris
not a currency
Jacob Garcia
counterfeiting is when you print money that looks like some one elses money and try to fraudulently pass it off as being someone else's money. merely printing your own money for your own money system is perfectly legal, which is why the good people at hasbro have been selling Monopoly without provoking the ire of the federal government for decades. its ridiculous that I have to explain this to an adult, by the way.
Mason Hernandez
britain wasn't on a gold standard during the napoleonic wars. it was also suspended during ww1. both wars were (((funded))) by paper
Jeremiah Smith
Woah. It's almost like the state holds a monopoly on violence and you don't.
Michael Morales
the government doesn't print money. the federal reserve is not a government entity. federal is just a name. we use the federal reserve money as our currency the same way you could use bit coin. its not like there us a bank somewhere full of gold that backed your bills. no, this is all just debt exchange. your money's value is based on the fact that people trust that other people believe it has value, which is based on being raised in a system where everyone pays for everything with that currency.
Brandon Foster
The government doesn't print the money, the central bank prints it and LOANS it to the government at interest. That's why we go to jail, because the bank owns the government and the government owns you
Jose White
>if the government locks someone in a cage its called justice, if you do it its called kidnapping and you go to jail