Search results for "79c8ee51e240ee3468796416954704cf" in md5 (5)

/pol/ - /chug/ - Comfy Happening in Ukraine General #21478
Anonymous Romania No.514866040
>>514863968
>It's a fake economy kept alive by the states not calling the banks on not having the monney they're borrowing to others, and the banks never asking to actually be re-paid, but settleing for just recieving the rents of the fake loans of monney they never had in the first place.
The banks never actually had the money they pretended to lend. At any time in history. Banks are and have always been legalised fraud.
Creating fictional yet legal and spendable legal tender is precisely what banks do and what they exist for. Not just now but through all of history. The only difference between now and prior times in history is quantitative. The ratio to fictional yet spendable legal tender to actually existing legal tender in the bank vault has never been so large as it is now. It's so large that banks in the US are formally, officially no longer even required to pretend they have reserves. But all banks everywhere create fictional yet spendable legal tender by pretending to lend actually existing legal tender but not depriving depositors of their actually existing legal tender supposedly lent to borrowers, effectively creating fictional yet legal and spendable legal tender. They have always done this. This is what banking is (legalised fraud or legalised counterfeiting, depending on whether you view the fictional yet spendable legal tender as fraud or counterfeiting; you could also be autistic and just point out that counterfeiting can be regarded as a form of fraud anyway). This is why banks exist and have been invented.
We need to move beyond money. Watch this graph of the Bangladesh money supply. See how it pops in 2022? That's what's eventually going to happen: the fictional legal tender in the banks will be cancelled (wholly or in part), through bank failures or bank "bail-ins". Alternatively, the western fiat currencies will continue inflating into complete worthlessness and be abandoned in favour of, yes, the Russian Rouble, the Chinese Yuan or Renmimbi
/pol/ - /chug/ - Comfy Happening in Ukraine General #21239
Anonymous Romania No.512850660
>>512850529
>Such is life in an insane, jewish dystopia
The "funny" thing is that all of this is happening for jewish numbers on the screen which will be completely worthless or cancelled from their bank accounts in a few years. Maybe as little as a couple of years. Like in this chart of the Bangladesh money supply.
/pol/ - America Surpasses Russia's Total National Debt in Just One Day
Anonymous Romania No.509914617
>>509912662
>pretty sure they tried at the beginning and it didn't work
Yeah, most people are retards. And real productivity from automation and technology wasn't high enough yet.
>Why would I stop?
To show me how good capitalism is by demonstration.
>I'm too deeply entrenched in the global system.
Nice way of saying you're a deindustrialized shithole desperately reliant on imports for basically everything.
>It is what it is but it's still better than pedorussians leeching off of everybody like it was in the kacap union.
Muh Roshans.
>Instead let pedorussians stop importing counterfeit Western/chink goods via Central Asian shitholes. I'm sure you have the "technology" to replace the cheap chink xiaihui phones you use.
Sanctions are good for the real economy. They force a country to develop its own internal production.
If everyone banned exports to Russia, that would be the best possible thing for their real economy. It would remove the option of outsourcing of production.
I remind you I'm not Russian though.
>It's about as real as the house or a car I can buy for it
>and food
Every month, your money buys less than the one prior. That's the same as having rations and having them reduced every month, you stupid Poo-lack.
But because of the one thin abstraction layer / extra step involved, you simply cannot recognize it for what it is.
Hilarious.
/pol/ - Thread 509223129
Anonymous Romania No.509232200
>>509232054
>No system works, when assets can be taken by force or "Money printer".
Capitalism is a for-financial-profit-operated economy. Which is mathematically impossible without the legalised fraud of banking.
/pol/ - /chug/ - Comfy Happening in Ukraine General #20827
Anonymous Romania No.508910906
>>508910554
>real economy
Yeah. The real economy is the one of the making of real things and the doing of real things. Capitalism destroys the real economy in favour of the parasitic economy of fiction which runs on and is about creation of (mostly fictional) fiat currency and the transacting/moving around of (mostly fictional) fiat currency.
Of course, capitalism unavoidably and invariably collapses periodically, and needs a reset. The reset is performed through either hyperinflation and abandonment of the currency with a "precious metal standard" fiat currency. Which is a fiat currency pretending not to be one as a confidence scam to get the masses to buy into the new fiat currency meant to replace the old one.
Or through a massive chain of bank "failures" or "bail-ins" where the fictional cash in the banks gets cancelled as a means to reset capitalism without abandoning the currency.
Check out the money supply graph of Bangladesh.