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7/19/2025, 5:37:49 PM
>>510810374
>no, i never assumed you are one or you aren't one...but that "muh fiat money" crap comes from libertarianism and you picked it up
A few things you got wrong there.
Fiat currency is intrinsic and essential to capitalism itself.
Capitalism is a for-financial-profit operated economy. Which is mathematically impossible without constantly creating new legal tender and introducing it into circulation in greater and greater amounts faster and faster over time.
This is impossible without making fiat currency legal tender or allowing fictional yet spendable legal tender.
Banking is legalise fraud used to create ever greater amounts of fictional legal tender to enable the for-financial-profit operating model of capitalism.
Lolbertarians are NOT against fiat currency or fictional legal tender or fictional fiat currency.
Lolbertarians are NOT against banking.
Lolbertarians are ONLY AGAINST CENTRAL banks. That's it. They have no ideological or dogmatical problem with the legalised fraud of banking.
They have no problem with capitalism.
They have no problem with the notion of money itself.
I do. And I'm not a lolbertarian or even on the right.
>no, i never assumed you are one or you aren't one...but that "muh fiat money" crap comes from libertarianism and you picked it up
A few things you got wrong there.
Fiat currency is intrinsic and essential to capitalism itself.
Capitalism is a for-financial-profit operated economy. Which is mathematically impossible without constantly creating new legal tender and introducing it into circulation in greater and greater amounts faster and faster over time.
This is impossible without making fiat currency legal tender or allowing fictional yet spendable legal tender.
Banking is legalise fraud used to create ever greater amounts of fictional legal tender to enable the for-financial-profit operating model of capitalism.
Lolbertarians are NOT against fiat currency or fictional legal tender or fictional fiat currency.
Lolbertarians are NOT against banking.
Lolbertarians are ONLY AGAINST CENTRAL banks. That's it. They have no ideological or dogmatical problem with the legalised fraud of banking.
They have no problem with capitalism.
They have no problem with the notion of money itself.
I do. And I'm not a lolbertarian or even on the right.
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