New fag here
Red pill me on the fed and banks. It seems like they have a absurd amount of power for their function, and can completely destroy your livelihood if they so much as wish it.
New fag here
Samuel Scott
Other urls found in this thread:
Landon Thomas
Well without usury just think about it. Everything would be so much cheaper. Prices are inflated for everyone by the fact that so many people are willing to enter into a 30 year contract, and sell 30 years of their future labor for a place to live.
That's enslavement.
And you can't really say "well it's a voluntary contract" since people don't have a choice not to enter into such a contract since the prices are so inflated from usury's existence.
Not only that, it's just profoundly self-destructive and something that should be banned. You can't reasonably say that drugs should be illegal but usury should be allowed. It's the same principle, morally speaking.
Also, usury is flagrant statism. It's not like you're "infringing on anyone's freedom" by banning it. It's literally statist violence and authoritarianism that makes it possible. Without the state enforcing those contracts, they simply cease to exist.
Plus usury is now and always has been the #1 tool of the (((you know who))) to enslave humanity.
Lastly, it won't hurt the economy to ban it, but rather it will help it. And we know this because Hitler banned usury in Nazi Germany and the economy fucking skyrocketed afterwards.
Camden Parker
Banks are our backbone. If you hate banks you are anti american and probably antisemitic and a Democrat.
Ethan Garcia
jews are inbred mutt subhumans who literally suck mutilated bloody baby dicks.
Isaiah Rodriguez
The Federal Reserve is a private consortium of the country's largest banks with the power to print money out of thin air and lend it to whomever they wish, usually governments and other banks. The Fed maintains a private monopoly on the U.S. dollar. Before the Federal Reserve Act (1913) there were many banks in the U.S. issuing their own U.S. dollars, always redeemable in silver or gold. The Federal Reserve Act concentrated all currency-issuing power into one bank.
The secret purpose of the formation of the Fed was to reduce competition for big banks from the thousands of small banks quickly gaining market share and pulling power away from New York.
The Federal Reserve is not federal and there are no reserves.
Juan Collins
Why is it wrong to charge a percentage when you lend money? I don't get your problem with usury per se. It's part of liquidity markets, and usually creates alot more wealth than it cost in interest.
Jaxson Peterson
You fucking rotten, filthy kike.
Dylan Powell
Money costs a percentage to lend because of the exponential risk involved due to opportunity cost of a defaulted loan. If I lend you $100 and you fail to repay me, then I don't just lose that $100, I also lose all the potential gains I could have made with that $100 if I put it to better use.
Xavier James
State use FED to control US economy using a retarded model that ends up acumulating capital in the hands of banks and multinationals.
End the FED and maybe in 50 years you can save your economy.
Jonathan Turner
fractional reserve banking
People exchanged gold for checks. Used the checks as means of exchange. The bank figured out they could print checks that hadn't been exchanged for gold.
Julian Robinson
Also read this
Brandon White
why should there be lending at all? put the damn money to use
Carson Hernandez
Banking started in ancient Greece.
Carson Phillips
Is there a serious point you're trying to make here? Like by defending usury? Is there some kind of actual defense of it you're trying to communicate here? Because you're not doing it effectively or making any salient or cogent point or argument. Just a bunch of fucking kike pilpul, literally. That's literally all these comments are.
Michael Cook
So again, like I asked here , is there a relevant or cogent point that you're trying to make here? Or is it just kike pilpul? Because it sounds like you're just spewing out random nonsense that has no bearing or true relevance to the topic even, at this point.
Adrian Davis
The money is put to use via investment in businesses. What if a bank lends you $1 million and you create a $40 million company. The entire market benefits from that creation of wealth.
Jaxson Taylor
Kill yourself you filthy fucking kike
Christian Rivera
Yeah I'm defending usury because I really don't see a problem with a lender charging a percentage for a loan. It's a voluntary contract between both parties.
Dylan Morgan
It's not voluntary. Everyone is forced into it because usury drives up prices and cost of living to an exorbitant rate. The end. Not a point up for dispute.
Samuel Bennett
Is this enough of a red pill for you?
Easton Cooper
Usury doesn't drive up prices at all. America had several deflationary periods when prices fell, all while interest rates were much higher than today, particularly the period 1865-1913.
Logan Evans
It's all run by Jews.
bitchute.com
Adam Anderson
>Usury doesn't drive up prices at all.
It's not a debate. We're not having a debate with two sides. Usury drives up the cost of living to an exorbitant rate for everyone, and makes selling 30 years of future labor for a home the norm. It's not a debate. No amount of kike pilpul makes it a debate. The end.
Anthony Richardson
If a bank charges you 3% for a loan but you turn the loan into 200% profit, everybody wins and things get built.
Carson Brown
How does usury drive up prices? Inflation is a monetary phenomenon caused by increasing the money supply. Usury is just a fee for a service.
Eli Foster
We're not having a debate. This isn't "an interesting discussion with two valid sides!". It's a simple and indisputable fact that creating an environment where everyone signs off 30 years of future labor for a home drives up the prices for homes, and forces everyone into the same debt slavery.
Meanwhile, fucking disgusting kikes like yourself sit there and push this "oy vey, it's totally voluntary!".
Elijah Roberts
Bump
Caleb Reed
>Unironic defense of usury
Debt slavery should not be a part of any market, you sniveling kike. You do not get to eliminate your own risks when you invest in someone. At most, what should be happening is that you buy a part of the business and your success is determined by their profits. Or, if the business is beneficial to the nation, the state should provide the money. You do not get to extract wealth just because you have some. Besides, loans and the creation of money should not be controlled by (((private corporations))). The creation and lending of money should solely be the business of the nation, not some kike structure built to steal as much real wealth as possible. The NSDAP proved it could work like this by the way, and were destroyed because of it by these banks. This is, in large part, why they are hated so fervently.
What happens if you don't? What happens if some disaster happens, and you can barely pay off most of the interest? Should a business that ran into a rash of bad luck be forever enslaved to a bank? Should a family? Because that is what you are arguing for.
In any sane system, a good business that provides good for its community would be forgiven of such a debt. A family's debt would be stricken as that debt did no good to anyone except the person who has enslaved them. But no, you defend this insanity.
Why? Do you personally benefit from this?
Benjamin Allen
>can completely destroy your livelihood if they so much as wish it
look around are you happy
they already did it
Jonathan Evans
Watch The Money Masters documentary by Bill Still. Free on YouTube.
It's a good intro for newfags.
Blake Perry
Your way just doesn't produce as much as a free market. The market is the most efficient system of allocating resources, much more so than some government bureaucracy filled with small men. The state is the enemy of the white man.
Gavin Gonzalez
>Should a business that ran into a rash of bad luck be forever enslaved to a bank?
They aren't... it's called declaring bankruptcy. You don't go to jail or even have to repay the loan, just don't expect anyone to lend you more money for awhile.
Luke Gonzalez
>Bill Still
typical jew pushing the muh bankers funded hitler shit
Andrew White
Very well said
Michael Phillips
The just realized all the fed videos on jewtube got shoah'd and are impossible to find unless you scroll far down with view filter. Damn