Ahh geeez dude

Why don't we just print $28 trillion real quick and start over?

I got this foot problem

Modern Monetary Theory works. It's time for MMT for the goys and not just the chosen folk.

>Modern Monetary Theory works.
You absolute fucking brainlets need helicopter rides. You're literally responsible for global poverty. Kill yourself central bank bootlicking cuck.

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Libertarians have been moaning about the national debt for 150 years and their prediction has never come true.
Give it up.

That's just 1 billion BTC.
Oh wait, there aren't that many.

It works for the banks yeah, like everything does

Mate, I'm sorry but the gold standard was totally jewed. I don't give a shit that niggers and panjeets are living in poverty. The west is all that matters.

>Libertarians have been moaning about the national debt for 150 years and their prediction has never come true.
Except every single recession and depression.
We are correct. Seethe more.
Your policies would push us into another great depression.
You bootlickers shouldn't be allowed to vote.

>Mate, I'm sorry but the gold standard was totally jewed.
What do you mean jewed? You mean taken over by jews and destroyed in favor of central banking? Yes.
>I don't give a shit that niggers and panjeets are living in poverty.
It's not just niggers you fucking idiot, it's YOUR living standards. You're literally implementing Africa tier policies like Zimbabwe.

Oh sure, the US is perfectly fine as it is today.
Bet you voted for Biden.

gosh that's a lot of commas

Central banking is the best way yet devised of managing a currency supply, which is why even countries like Iran have adopted it.
The problem is that currently our central banks are run by the wrong people.

Instead of the Central Banks being the pay piggy for multinational banks, how about they serve their respective national governments.

The nations problems have been first and foremost cultural, everything streams down from there.

Yes, the Great Depression was totally not caused and prolonged by the Fed's decision to do nothing and the governments decision to shut down international trade via tarrifs.

It's fine if you're an investor and landowner.

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>Central banking is the best way yet devised of managing a currency supply,
By managing do you mean destroying?
>which is why even countries like Iran have adopted it.
Oh yeah because Iran is a successful country lmao. States adopt central banks because it benefits the state apparatus and the financial elites.
Imagine thinking states have the best interest of their people in mind.
America had an industrial revolution with massive increases in living standards and falling prices under a free banking gold standard system

>The problem is that currently our central banks are run by the wrong people.
Ah, yes we need a white central bank which will do the same exact thing, destroy the value of the currency.

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>Yes, the Great Depression was totally not caused and prolonged by the Fed's decision to do nothing
The great depression was CAUSED by the federal reserve's money bubble creation and the massive government intervention that followed.
Please read a book.
amazon.com/Americas-Great-Depression-Murray-Rothbard/dp/1607960656

>and the governments decision to shut down international trade via tarrifs.
At least you acknowledge that.

This.
Central banks just artificially increase asset prices(stocks, housing, land) while everything else lags behind.

>Only 67.5k per person
>This is 13.5k per person per year in 5 years
>Even lower if we make it progressive taxation and proportional making the top 1% pay 99% which would be 13,365 for them and normal people paying around 135 per year.
>$135 dollars tax

Ezpz.

>Yes, the Great Depression was totally not caused and prolonged by the Fed's decision to do nothing and the governments decision to shut down international trade via tarrifs.
en.wikipedia.org/wiki/Depression_of_1920–1921
depression of 1920 was arguably worse and yet was over within a year solely because the government did nothing and let the business cycle do its thing rather than interfering

Pic related you're wrong
also this doesnt include the unfunded liabilities

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Ah, look at the greenbacker. Your policies will turn the US into a shithole real quick. How many socialist countries to fall victim to hyperinflation before you get a clue?

>Your policies will turn the US into a shithole real quick. How many socialist countries to fall victim to hyperinflation before you get a clue?
They're fucking clueless, they fail to learn anything from history. They're just clueless authoritarians.

>debt per taxpayer
fuck

There were massive recessions in the 19th century, but because cameras didn't exist, you didn't know about them.
Do you agree that deflationary pressures are a problem at all? How can you service growing production with a stagnant money supply without massive deflation?

Iran is destroyed because of your nation (US presumably) enforcing an international oil export embargo on them.
Yes, states can have the interest of the Nation and people at heart:it's called fascism.
The industrial revolution tripled yearly working hours in my country (and didn't triple yearly wages for a long time after) and paved the way for modern wage slavery.

is the government doing a match your dollar program or something, where they match 1:1 with every dollar in tax you give to them?

Arguing with them is pointless so I steer them towards the cartoon version of "The Road to Serfdom." Easily digested...

You could argue many of these cultural problems were caused by our financial policy. Everything from women in the workforce to our continually rising costs of living.

under a gold standard nothing would stop the government from controlling the metal mines, fixing prices, and manipulating the market

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GUH

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Have you read Galbraith, Friedman or Keynes' opinion on the great depression? Because they offer a more rounded perspective.

Why do you want to wipe out peoples pension funds? People don't realise that the national Debt in western countries are 80%+ Boomer psuedo taxes via the sale of government bonds.

But that's what they did for the great depression too. Ask yourself why the situation was different (hint a weak banking system)

this is the real blackpill. humans are hardwired to game systems to their benefit.
due to the current extreme wealth inequality seen globally, it actually doesn't matter if your project has a fair launch or is ideal or anything like that, at least not in the long-term. the inequality corruption will flow upwards onto any project built upon it.

>but because cameras didn't exist, you didn't know about them
Why are state/CB shills so retarded bros

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Explain how women started to join the workforce from the 50s and 60s, when America was King of the World?
Women in the work force is a totally cultural issue, driven by consumerism.

>There were massive recessions in the 19th century
They were relatively minor compared to the ones have since the fed.
All of those recessions were either caused by central banking or government heavily intervening in the market/banking.
wiki.mises.org/wiki/Panics

>Do you agree that deflationary pressures are a problem at all?
I think Keynesians are retarded and that a normal natural deflation being the result of an increase in efficiency is an amazingly good thing. Inflation is what is bad.
>How can you service growing production with a stagnant money supply without massive deflation?
Are you people actually this brainwashed? From 1865-1913 we had a massive increase in production, massive increases in living standards all while on a deflationary gold standard.
How the fuck do you explain this?
Price fell year after year.
>Iran is destroyed because of your nation (US presumably) enforcing an international oil export embargo on them.
Also due to their central banks, but okay.
>Yes, states can have the interest of the Nation and people at heart:it's called fascism.
That's when the state has it's own interests in mind and tells the people to be it's slaves, only cucks think otherwise.
>The industrial revolution tripled yearly working hours in my country
This is highly unlikely or you are extremely confused.
The industrial revolution in america massively reduced working hours, long before government or unions got involved to change anything. pic related
>modern wage slavery.
Something you idiot inflationists SUPPORT. You're happy your wages constantly lose value and the working class has no savings.

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>But that's what they did for the great depression too. Ask yourself why the situation was different (hint a weak banking system)
they did for a bit, but after FDR was elected he completely cucked and ruined the recovery by intervening and the US only got out with WW2
the business cycle is natural, you need to let it run its course

Yes, you couldn't get pics like this with 19th century cameras.

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aaah dude my population is on those fenta pills dude

Ah geez dude, 27 trillion?
I could give you uhh 3 dallahs?

>this is the result when boomers control the country for 5+ decades

replace every time you said central banks with the word communism and now you realize how colossal of a faggot you are

>Why are state/CB shills so retarded bros
I dunno man, it's almost a religion with these people and socialists.

>Have you read Galbraith, Friedman or Keynes' opinion on the great depression? Because they offer a more rounded perspective.
These "explanations" are a fucking joke and austrians have refuted them in depth. Rothbard's book on the depression is the most in depth book on it ever written.
>the business cycle is natural
It's not, it's the result of government intervention and central banks creating an artificial boom.

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meant for

>under a gold standard nothing would stop the government from controlling the metal mines, fixing prices, and manipulating the market
Under a gold standard all of these things wouldn't happen because the gold standard would prevent these things.
Free banking by definition means the government cannot control it.

>Have you read Galbraith, Friedman or Keynes' opinion on the great depression? Because they offer a more rounded perspective.

Mmm, who will i read, freemasons or fabian socialists? Such a hard choice!

>muh central banks

You can have central banks but also not have debt backed Fiat currency thats backed by nothing too.

Why do Jews and Boomers think they are mutually exclusive?