Why was this allowed? Who was the culprit?
>money created by banks Ah, yes.... banks....
It's digital money obviously.
>>540140807Define "real money"
That's not "money created by banks", that's the m4 money supply, which basically means all of the collected value in an entire economy. As usual on /pol/, when you post a graph to make yourself look official and authoritative, you're just bullshitting and misrepresenting, presumably for the purpose of privatizing central banks and putting them under the private ownership of billionaires, here.
>>540140807You could say the Nixon administration or whoever was actually behind ending the Bretton Woods system.In 1971 they decoupled the dollar from the gold and created the FIAT system. Nixon said it was going to be temporary, but they never went back.
>>540140807Why do you want someone to 'allow' you to do things ? Why is the Latino such a slave ?
>>540140807>Why was this allowed?Why not?
>>540140865Yes banks. The interest rate controls how cheap it is to get loans, money is created through loans...
>>540141349Banks are machines that do whatever the Fed tells them to.
>>540141021>memeflaggot kikeGas yourself, rabbi shmuley
>>540140950A currency backed by something tangible.
>>540140973I am genuinely asking. What's the difference between M4 money and real money, then?
>>540140865It is created by the banks. Banks literally are the money printer. Do you not understand how monetary policy works.
>>540144291>Banks literally are the money printer. Guns literally kill people.
>>540141290Because its literally counterfeiting. If the banks are allowed to create money from nothing, then so should everyone.
>>540146393You are correct. I say this as someone who has both worked as a soldier and a cop as well as a software engineer at banks.
>>540140807>>540144214M2-M4 money supply is don't even need to pretend or try to be profitable. jew bankers will print money to pump into companies that have the right mix of fags, feminist women and nonwhites.
>>540140807This has happened for thousands of years, called coinage debasement. States would gather taxes, melt down the coins, and mint new coins of lower purity with the same face value. States could pay off their debts this way, and merchants had no choice but to accept it and try to scam everyone else with the lower purity coins before everyone caught on and prices increased.All this inflation has hit Ancient Rome and every other nation when they debased coinage too much after government overspending.
>>540140807here gonzalez, learn from the sage americhad
>>540140994>You could say the Nixon administration or whoever was actually behind ending the Bretton Woods system.Huh? I think you are onto something, anon.
