why are they such bootlickers?
>>545718975posting in a based thread
>>545718975Underplaying corporate greed is a classic tactic
>>545719168Underplaying the degeneracy of the masses is cliche.Opium is the Opium of the masses.
>>545718975Because they love inflation.Leftists want the central banks to print unlimited dollars so your wages and savings goes down, and this creates inequality so they blame the inequality on "capitalism" when in reality it was their policies that caused it.If they really cared about workers they would abolish inflation.
It's incredible nobody talks about central banking.Most people literally think inflation is a natural aspect of capitalism like the weather or something.
>>545719105This image is retarded and you people still support central banking.Like what the fuck?Hitler had a central bank that inflated the money supply.
>>545719269>abolish inflation you niggers never even open an econ 101 book
Inflation is due to market mismatch, undersupply and/or overdemand. Generally the supply side responds and a period of deflation returns prices back to baseline.What the Federal Reserve (and the rest of the global central bank system) does is currency debasement.Traditionally, people responsible for debasing currency have been put to death.
>>545719168>Underplaying corporate greedIf we didn't have inflation, prices would constantly be forced down, anyone who kept prices high would be forced out of business.
>>545718975Don't care hang all billionaires
>>545719345>NOOOOOOOO YOU CAN'T JUST ABOLISH CENTRAL BANKING AND BAN FRACTIONAL RESERVE LENDINGWhy do you think this?
>>545719240The degeneracy od the masses...You mean consume what corporations give them?
>>545718975The central bank is there to help corporate greed you dumb fucking moron
>>545719373>billionaires bad but I still suck central banker cockI dont know why you want to be poor>>545719396You don't understand his point, he is agreeing with you.It's leftists who don't understand this.
>>545718975Why does the fed create inflation on purpose?It's because of corporate greed. More money more government contracts. Corporations literally lobby politics
>>545718975A low inflation rate is to encourage investment so that money does not become stagnant. I suppose zero inflation would be a good idea if you live in the ideal society however there is no guarantee that your ideal society last forever. And if you were to have zero inflation then foreign currency could inflate and that would also devalue your own currency if you hold that foreign currency in your own national reserves.Money and currency at the end of the day are just fake make believe systems which only work because the majority put belief into it.
>>545719365???If prices were forced down the businesses wouldn't make money
>>545719392>>545719240¿Por qué no los dos?Fuck corps, and fuck the cattle.
Hipsters don’t exist anymore.
>>545719438So you admit the only reason businesses can collectively "price gouge" is due to money printing and it wouldn't be possible otherwise?
The solution is TKD
>>545719493>If prices were forced down the businesses wouldn't make moneyWrong, the price of their inputs also goes down. What matters is their profit marginsAmerica had it's industrial revolution in a deflationary economy>>545719479>A low inflation rate is to encourage investment so that money does not become stagnant.Why did America have a massive economic boom in the late 1800s with no central bank and no inflation?
>>545719420you see it the wrong way i just want all billionaires to be evaporated
>>545718975Well, inflation is created to "stimulate the economy". So it's not wrong
>>545719612Okay sure, but doing so won't make your life any better
>>545719105Based FederHave a bump mein kin
>>545718975These people are so hopelessly brainwashed as soon as they read something with a vague allusion to Jewish hegemony they go into a panic and shut down. Consequently they completely ignore entire concepts and institutions.
>>545718975yearly 1% inflation is not a leftist idea, but a liberal idea, and it actually works under capitalismBecause if the money gets less valuable but very slowly, people are more likely to spend, which makes it easier to start a new business which then increases employment, adding value, and increasing wagesWith deflation, people save money, don't want to spend money, businesses shut down. newly opened businesses get zero clients because people only buy from companies they trust, establishment companies. Etc.
>>545719653it will be better than theirs
>>545718975Isn't Federal Reserve also a private corporation?
>>545718975You know jew bankers can just type the money they need into existence right? Nothing stops them from doing that. No need for reserves of cash since 2020This functions because they dont give young men jobs anymore, which means less demand for goods so can stay priced low. We are already living in some sort of jew communism and young men are excluded on purpose.Why do you think they come out to attack neets or to claim that dems want socialism? You dont hate jews enough seriously.
>>545718975Are you aware the federal reserve bank is a private entity run exclusively by billionaire kikes? Why do rightoids just instinctively suck jew dick?
>>545719105>ChatGPT, make my schizoid rant into a comic, I'm seethingYou lost, tranny
>>545719727>Because if the money gets less valuable but very slowly, people are more likely to spend, which makes it easier to start a new business which then increases employment, adding value, and increasing wages>With deflation, people save money, don't want to spend money, businesses shut down. newly opened businesses get zero clients because people only buy from companies they trust, establishment companies. Etc.It's incredible people fall for this keynesian bullshit.The austrian school already refuted this, history already refutes this.Deflation is a fucking good thing and is what makes living standards go up.
>>545719727The intent is to redistribute wealth but it doesn’t work because smart people just put their wealth into assets that don’t depreciate.
>>545719504The masses don't do shit to them is just an excuse for white genocide
>>545719831>>545719806>private entityIt's only private on paper, it was created by the government. It doesn't make any profits, any profits it makes goes directly back into the US treasury.The only reason it's private is because they had to get around a loophole that the US government couldnt have a nationalized central bank
>>545719831also reminder that all leftists support central banking, every socialist state in history had oneeven marx advocated for onethese people are bootlickers
>>545719867Incorrect. It does not redistribute wealth, it just speeds up the economy
Just try to understand this smoll table
>>545718975jews
>>545719836There has not been even a single successful Austrian economy.Deflation always ends up being bad for market economies and only works for command economies like China
>>545719927Incorrect. When you create new money you devalue that which already exists. It’s supply and demand.
>>545719949>There has not been even a single successful Austrian economy.Strictly speaking, probably not. But there were ones that were very close like the USA during the late 1800s, and it was extremely successful.Deflation is a good thing and it prevents stock market and housing market bubbles.>Deflation always ends up being bad for market economiesWe had double digit growth during this time.
>>545719940You cannot compare houses in 1940s to houses today. Heating was much more primitive, as was electricity and water piping.On top of that, there are a ton of regulations, and because of earthquakes, much higher quality material must be used according to the law, at least here.Old houses are still cheap, but nobody wants to live there because they are cold and can only be heated with firewood ovens, which are expensive and dangerous, as well as a whole bunch of other problems.
>>545719919They also support the end of money and banking with itWhy they go from having multiple banks to just one
>>545719969Yes, but that is not redistribution of wealth because it doesn't go from one class to another. There is both welfare and subsidies, and grants and all kinds of things
Fresh OC
>>545720047>They also support the end of money and banking with itThey don't. They support central banking. Marx advocated for central banks. USSR, china etc all had central banks
>>545720075Sound stable money issued by whom?
>>545720021That was at the height of industrial revolution, which has now been completedAnd all of the growth back then was driven by a handful established companies while nearly everyone else was a worker either for them or the governmentMeanwhile today, I would say at least a fifth of people are some kind of business owners in services and operate small businesses or are self employed
>>545720096Libertarians praised the USSR for using a gold standard lol
>>545720096You missed the part of das capital where they hate the capital?
>>545720123Competing currencies, basic contract lawit would typically be based on gold or silver
>>545720075B A S E DASED
>>545720148>Libertarians praised the USSR for using a gold standard lol>things that never happened>>545720156Is he hates it so much why does he want the government to control it
>>545720033>there are a ton of regulationsThese regulations make it extremely expensive with the effect that no one can afford a house anymore without both working and paying for 35+ years>can only be heated with firewood ovens>ExpensiveWat? Wood is the cheapest heating sourceI want to have the option to build an oldschool house without a trillion EU regulations for cheap
>>545720075the gold standard is fucking retarded and we are rid of it for good reason
>>545719105Only cucks support taxes.>I know. The government should get our money.
>>545720240>Wat? Wood is the cheapest heating sourceIncorrect. Everyone in villages uses this type of heating and there is only so much trees you can cut down before it is too much and the forest doesn't recover. So high demand, short supply
>>545720297Why was it retarded? We had the highest levels of growth on the gold standard.It was only "retarded" because the government was restricted in it's spending.
>>545720069Money creation redistributes wealth by taking away value from those who already hold that specific money. The impact is minimal on the upper class today because everyone smart puts their wealth into assets that don’t depreciate. Inflation mostly hurts the poor today which was the opposite of its intent. It would only “work” in a planned economy.Keynesian economists are a blight on society.
>>545720563>>545720502Inflation hurts a planned economy much more than a market economyA planned economy is better to be deflationary because you don't have new businesses anyway, you only have established state owned enterprises
Since it was buried by a bunch of useful retards talking about nothing im going to post it againYou know jew bankers can just type the money they need into existence right? Nothing stops them from doing that. No need for reserves of cash since 2020This functions because they dont give young men jobs anymore, which means less demand for goods so can stay priced low.We are already living in some sort of jew communism and young men are excluded on purpose.Why do you think they come out to attack neets or to claim that dems want socialism?You dont hate jews enough seriously.
>>545720168So if my gold reserves are bigger than yours I win capitalism?
>>545720297Gold standard was retarded because OY VEY DA GOYIM CANT BE HAVING GOLD THATS ANTISEMETIC GOYIIIIIIIM NOOOOOOOOOO WE GOTTA KEEP ALLDA GOLD FOR OURSELVES DA STUPID GOYIM CANT BE TRUSTED WITH IT>OYYYYYYY VEEEEEEEEEEY
>>545720483>Why was it retarded?because it's value is derived from "ooh shiny". it's rare so therefore it has value? it doesn't fucking do anything.labor is the only true value. anything else is literally fake.
>>545720960>it doesn't fucking do anything.it doesn't need to do anything, it functions as a medium of exchangedoes paper money do anything besides be moneyalso this isnt even true gold is used in jewelry and electronics>labor is the only true valuelol marxoid
>>545721018gold standard would not be enough since in the last 50 years, a lot of gold was found which caused the price to drop, but then electronics came to be and the price rose sharply.The goal of gold standard is to have something with stable value backing the currency.Gold is no longer that because the supply and demand for gold have become too volatile
>>545718975>>I literally create inflation on purposeYea. For who?Your trying to mock this and if is literally just the truth.Inflation exists to increase asset holder wealth. Corporations hold the most assets
>>545721018My question remains if Chile's gold reserves are bigger than yours what use does this standard have for us?All we become is the center of explotation or the victims of corporate greedWe had this problems already the Barrick gold, destroyed one of our glaciars looking for gold
the reason commie fucks don't call out federal reserve... is that that's how they get money for their "free shit"....
>>545719336Hitler was known for making a labor based currency and purchasing silver.
>>545718975in a CORRUPT CAPITALIST world:= "GOVT and CORP are the same."How do you think AIPAC works on Politicians?
>>545718975It's crazy how low IQ ans poorly informed people who are allegedly obsessed with politics can be, bit tldr inflation is necessary to maintain the flow of money and prevent hoarding of money. Ita a good thing. Wages are supposed to increase in line with inflation and to be honest that should be enshrined in law.Back in the days of the gold standard people weren't immune to being priced out of things, they would just straight up get their wages cut all the time by their employer. Nowadays these wage cuts are masked by simply not raising wages and hiding them under inflation, but inflation is not the problem there, it's the entities deciding not to raise wages in line with inflation.
>>545721101this argument has been debunked a bunch of times by austrian economistsjust look up their response to this, I know there's more to it what what you are saying
>>545721176#1 cries about ZOG (Kikes controlling our government)#2 can't see connection between Govt and Lobbies.
>>545721404This argument doesn't debunk the idea of stable currency, it just states that Gold is not stable enough
>>545721378The problem here is the infinite freedom to determine pricesIf I make bread and one I say "am gonna cause inflation" and just price up your bread and the people around you, with the conflict of paying more or spending on gas to go further, just fall victim of your price determining freedom
>>545718975Theyre both right.The FED is a corporation.So it is corporate greed and they do create inflation on purpose.
>>545721378>Nowadays these wage cuts are masked by simply not raising wages and hiding them under inflation, but inflation is not the problem there, it's the entities deciding not to raise wages in line with inflationyou forgot one thing
>>545718975>>545719105The jews need to be destroyed utterly and to the last. The rest of the words and "the way it works" is pilpul.
>>545719373>Don't care hang all billionairesWrong.You can hang them after the root cause is fixed.After the jews are destroyed utterly and to the last.
>>545720960You know theres gold in components right?https://www.garfieldrefining.com/resources/blog/the-uses-of-gold-in-electronics/
>>545718975Such a great point, corporations aren't greedy. Especially private corporations like the Federal Reserve.The gold and other metallic standards are nonsense. If you think you need gold or silver to have sound commerce, you're asserting that sound commerce is impossible unless we have enough gold or silver lying around. "Fiat" money is fine, it just has to match the value of the real economy. The problem is that the ability to create this money has been delegated out to private corporations (i.e. all banks, the members of the Federal Reserve System) for profit via interest. The treasury should be the sole issuer of the currency, and never at interest. Most of this money should be injected through UBI.
>>545721560Central bank is a mouthpiece for corporations. I've noticed that in any industry where there is allegedly a labour shortage, thetr is actually a tremendous oversupply of labour, it's just that the people qualified to do the job don't want to do it under the shit conditions and pay offered by the employer.
Corporations and Billionaires literally FUND politicans election-campagins.Do you think (picrel) gets America to go to war just by her 'charisma'?
>>545720658well, better than what we have todaywe have better ways to make inherently deflationary currency today though. What's missing is the political will to do that. The technical issues are easily solvable.Money should be nothing more than a representation of value, hence inherently deflationary in an environment of constant technical improvement and automationAgain, we have the tools to create such kind of money. There's just no intention from the kikes to let go of the most powerful enslaving mean they have. That's the only reason why we still live under fiat's tyranny. Everything else is pilpul.
Leftists genuinely have zero understanding of basic economics. They think things just happen and if bad things happen then it's because of greedy people who should be punished by a selfless socialist government.
