>>513460843
>Rent-seeking refers to the practice of individuals or groups using their resources to obtain economic benefits from others without reciprocating any benefits to society. It involves using political influence, lobbying, or other means to capture a share of existing wealth rather than creating new wealth through productive economic activities.
this is such a great paragraph

>>513106535
>take away all welfare it would save the country 2-3 trilion a year
this is fucking true
and if you count the 'welfare rich' (pic rel), we would save about $4T total

>>512610785
>elites
stop using this word

elite (n) - the best of a category, the finest, etc. (i.e. this could also apply to turnips)
elitist (n) - one who thinks they are better than others
There is a difference between the two.
Calling the worst of what humanity has to offer the "elite" is wholly untrue.
Elitist, yes. Elite, no.

>>511126126
imagine a society in which everyone worked productively, we would all probably have to work 20 hours a week if EVERYONE was working

the skimmers take a lot, they really skew the value of money, as they take so much and return nothing of value or use, they only enrich their own

being lazy is one thing, being lazy AND detrimental is quite another

>>510886633
oh look it's the post police
my posts are directly fucking relevant to this thread
we already have a monarchy, an elitist class robbing the Treasury of our taxes, the Federal Reserve Uniparty
suck it
i will post when I want, anytime i fucking want and there isn't ONE FUCKING THING you can do about it

Deflation and inflation and other economic terms are FUCKING MEANINGLESS when one class of persons HAS FIRST ACCESS TO and IS BEING PAID FOR the issuance of any newly-created currency. Money does not mean the same thing or have the same scarcity (or have the same value) for all persons in the economy. As some do not earn their money (via real productivity), money is more liquid and less valuable for them, as they have exclusive first-access to the newly-issued currency and they also decide TO WHOM it is allocated via our current debt-based NYFed primary dealer financial system.
As long as we have a cartel of private banks getting paid to issue the currency, the FEDERAL RESERVE NOTE will lose EVEN MORE value for those of us that truly do earn it via productivity.

IT IS THOSE OF US WORKING that choose to prop up this class of parasitic, skillless invalids debauching our currencies worldwide via the Federal Reserve and its increasingly-worthless private currency, the Federal Reserve Note.

>>510714395
the people are the law
you are confused
the people are the money
the people are the nation
the people are the government
i know this is easy to forget

>>510440574
>my high-yield savings account earns.
these people destroy the national currency and the value of our labor

you never answered me swiss anon
are you charging people yet to hold their money?

it is amazing the subjects people can grasp when they are being robbed

The debt-based Fed & the IRS were both created in 1913.
The new IRS conveniently forced everyone to use their new Federal Reserve Notes to pay their new US Federal Income Tax.
The Fed was supposed to stabilize the US currency by backing every Federal Reserve Note (FRN) issued (TO BUY US TREASURIES) with 40% gold (40 cents of gold for each $1 FRN issued).
In 1933, everyone’s gold was confiscated by the Treasury (except $100 worth/person) b/c the Fed convinced US Pres FDR that Americans were hoarding gold & they were forced to trade their gold in for $20.67/troy oz. Federal Reserve Notes were also now no longer exchangeable for gold.
In 1934 the Gold Reserve Act allowed FDR to establish the gold value of the dollar solely by proclamation & raised the exchange rate to $35/oz troy, extracting wealth & value once again from the American public.
In 1944, the IMF & the International Bank for Reconstruction and Development (IBRD) were formed at the Bretton Woods Conference.
In 1958, Bretton Woods pegs all foreign currencies to the dollar, & the dollar pegged to gold at $35/troy oz. Debt-based Central Banks under the BIS pop up all over the world to facilitate the Fed & the BoE in their check kiting, fractional reserve, debt-based central-banking ponzi.
In 1971, Nixon depegs the dollar to gold entirely, making the US currency free-floating fiat, which completely negated the original Federal Reserve Act of 1913, which was to back each Federal Reserve Note issued with gold.
In 1974, Pres Ford legalizes gold ownership again without limitation & gold is NOW valued at $42/ozt.
The NOW BANKRUPT Federal Reserve & its biggest shareholders, the NYFed’s primary dealers, for the last 50 years & up to today, continue to issue our currency out of thin air, while charging us interest to do so. Rewarding insolvent, failing banks & investment firms using QE and taxpayer money over & over again, acquiring assets during crises, while rigging global markets.

>>507860512
>it robs a nation of its agency, the ability to control the value of their own labor through the national currency

fucking plague
i have to go shopping
will bb in an hour or so