Their business model is literally >Get a retard to give you his profits from caloric usage>Use those materialized profits as collateral >Loan out 1000 units per 1 unit collateral >Effectively socialize the risks and costs among every retard that gave the bank his profits >If the loan taker fails to repay all costs get distributed among retardsHow does the left not understand this? Are they retarded?
To make money breed money, by loaning out amounts of paper or thin air, that you don't have, so that a laboror can collect large gains with a tool they don't own, by borrowing from their own futures to a create a positive outcome for themselves and others, and enrich people who take no risk is a rebellion against the God of every religion ever created, and that's something because there are ten thousand of them.Money is a superior organism to God. If you have money, you have something larger than God. You have the God Mammon with you. The size of the god is the buying power in the paper.
Its also banks profiting most from the lefts delusions around ubi and free healthcare. Somebody has to loan the gubermint the liquidity to pay leeches, drug producers and butchers. They ain't working for free
>>522104010Money, as in legal tender, contrary to transaction facilitation, is essentially socialization of capital risks and costs at the profit of one (the bank) at the cost of somebody else in the future.The left screeching eat people with many legal tendies is in essence calling for cannibalism
The current left is the most shizophrenic religious cult that ever walked the earth
They don't even understand the catechism of their own cult
>>522103637>How does the left not understand this? Are they retarded?yes.Fiat currency demands endless expansion of supply and dilution of value.
>>522104890Not just fiat. Credit unions that work on full reserve are communist as well. The concept of a bank itself is communist. That includes naturally also crapto "currencies"
>>522103637is this real?
>>522103637>the most capitalist thing in existence is communist because i dont likelmao.
>>522103637It's interesting to note that one of Marx's goals was to implement centralized banking.
>>522105351Capitalism is just a pejorative by a poor socialist toward a rich socialist. You are just pissed that you apparently don't profit from the socialization of costs and risks but have to pay. You are like marx, he was also a poor loser that wrote a shizo post over 3000 pages about how he didn't got a loan
>>522103637Central banking is the fifth plank to the communist manifesto.
>>522103637>anything I don't like is muh communismWhat's your definition of capitalism? Is it not private entities that compete with each other for profit?
>>522105546All banking.Not just central.All banking is in essence socialization of capital risks and costs
>>522105575>>522105460
>>522105433Marx was a creature of the City of London and socialism was the weapon they chose to undermine the Russian monarchy and bring it under western control. They play to a timeline of centuries and the game is still unfolding.
>>522105433>property tax, income tax, inheritance tax, civil asset forfeiture, central banking, vehicle registration and loicensing, radio loicensing, zoning and planning, the crp program, free government school, etc...
>>522105623Then why even call something communist when it's all the same? Why do we even need definitions? Fucking retard
>>522105863The correct term would be socialist as it captures the core mechanism, socialization of capital risk and costs for individual profits at the cost of the majority