(((Debt))) Forgiveness Thread

archive.is/v2lzY

Should all debts to Jewish banks be forgiven? Shills will ignore this thread, of course.

Other urls found in this thread:

archive.is/AMfw2
fixingtheeconomists.wordpress.com/2013/12/11/hjalmar-schacht-mefo-bills-and-the-restoration-of-the-german-economy-1933-1939/
archive.is/lrSiy
youtube.com/watch?v=5D9bFGokDa4
twitter.com/SFWRedditVideos

kike free first post
nice roll nigger
14/88

They'll continue down the commie road and be bankrupt again in no time.

Not american, but to me that just implies something like the US taxpayers having to shoulder that one way or another. The fucking leeches always find a way to get their shekels.

Fuck yes.

I'm more interested in anything that hurts the banks.

That would kill the entire economic system worldwide. I'm rooting for that because I want to see shit burn.
Instead of typing a whole paragraf about it, I'll straight up say what any user can logically deduce by research alone:
Our coin is no longer backed by a gold standard. It's backed by debt.
Debt is a must-have in order for money to work.
Debt MOVES money. Forcefully if need be. Debt is essentially the lack of money in a particular area. That area will pull money from another. Repeat in a long chain and you see money flowing one direction while debt flows the other. It's not unlike Electrical current where we cause a few atoms to lose electrons forcing them to pull electrons from adjacent atoms, repeating in a chain to form electrical current. Current elicits a response from the components it passes through, and so does money as well.

But you don't need to be an electricist to know that batteries eventually "die out". Debt (or lack of electrons) piles up somewhere or simply gets evenly distributed to the point money (or electrons) don't flow anymore.
People start saving money in their bank accounts, afraid of the future. Companies are more reluctant to hire/adquire new material, investments plummet and money outright stops flowing.

Who among all in our society will feel this and recoil in pain?
Every single entity that loans money. Jews.
As long as money flows, the Usurer is assured a fraction of that flow. Interest rates generate a stream of income while the money moves from hand to hand. If the money stops moving, the interest rates can climb all they want: 1000000% of 0$ is still 0$.

This will never happen of course. They won't let it happen. And if by some miracle a madman forces it to happen, the market will respond with a Samson option.
It's not even Jews at this point: it's completely out of their hands. They've gotten us here, and now they see the crumbling pillars of the false temple they erected and quitly whisper:

"Oh fuck…"

Meet (((Seth Klarman))). He is the largest holder of Puerto Rican debt.

archive.is/AMfw2

Usury btfo

4000% NS

Feder econ soon

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those rolls bro!
>(((highest office in the land)))

He sure showed him.

Stop posting thumbnails you piece of shit.

I hate this Jewish fucking shill prick

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ALL debt. Every last debt. All Business & privately held, and government debt. WORLDWIDE!

The Jews would throw themselves into ovens.

Just imagine if Trump eliminated all Medical and Mortage debt.


Here's my argument. You can either implode the economy & have no debt, or have the economy implode while having so much debt that it's impossible to pay off.

There's more debt than there's more money. Our generation wouldn't have to kick the debt can that way.

Puerto Rico is a socialist shithole. It would fucking suck if American Taxpayers had to deal with that shit.
Debt is never forgiven when it comes to Wall street jews. It's given to someone else.

Then we must kill the Wall Street Jews.
We should all grab our guns and march there.
Just shoot up the place and set it on fire.
Come on, let's do it this week.

You first, my man.

Lazy shit. Yes, Trump does in fact say this after the 3 minute mark, and it deserves more attention.

I wish

as if they actually live in wallstreet waiting to be killed, you would only end up killing some low tier kike and blue collar whites

cuck.

The jew does not survive in a low-shekel atmosphere. Of course they live in Wall Street, they're unable to live elsewhere.

Have fun in max security, niggers in your asshole-tier prison.

As long as White Christians tax payers foot the bill they have no problem with it.

Do they pay you to be so far off from getting the first post, schlomo?

since were on the topic of debts, should we pay or not pay back college debts borrowed for fed and private banks?
What are the consequences of this? I think I heard after 10 years your fed debts will be forgiven but not your private?

What? Why the fuck am I a shill for saying that posting thumbnails is just retarded?

Checked and BTFO, Moishe!

I love the whole premise of this thread!

Hopefully the debt forgiveness will be enough justification for Trump to give them independence. Having Peurto Rico as a territory is harmful in the long run.

Like clockwork

Kikes are promoting defeatism here. Trump knows debt is fake and a kikel thing. Real issue is, what leader in this day and age would even have the balls to say this?

Outlaw usury.

We can never have a functional system when we allow central banks to print money and private banks to create money through fractional reserve banking. Modern money is created without providing any value for the nation or community. Citizens work hard to pay back business loans and mortgages, as if the money is a true representation of the lifetime savings of some depositor at the bank. In reality it is merely representative of an accounting trick that probably should have been outlawed many centuries ago.

Returning to the gold standard, or something similar, would be the right thing to do. A currency backed by gold means that every dollar created must be exchangeable, at a fixed rate, for gold. Therefore, money is worth something as a citizen has had to mine that gold from the ground. In effect, the money is being exchanged for human labour. I could imagine other systems would be quite satisfactory in which money is created in exchange for labour, similar to the one enacted in National Socialist Germany.

The other alternative would be nationalising the banks, therefore returning profits to the people. This has other benefits, for example governments can influence inflation, deflation, and address individual bubbles by choosing who and how much money to loan. Personally I favour this approach.

The more and more I think about it, the more I see that most of our problems, including identity politics, are likely manufactured or deliberately exacerbated in order to secure the existence of private banks. My mind goes back to reports of identity politics shifting into overdrive during the Occupy Wall Street protests. It's like an extreme form of bread and circuses, in which the circus is actually a completely made up us-and-them battle between 'dominant' and 'marginalised' groups.

To clarify, by 'made up', I don't mean that it isn't happening, I mean that it's really orchestrated by Jewish financiers.

sorry user, but I agree with him. As for your post, But taxpayers shouldering this is par for the course.

Puerto Ricans get debt forgiveness, which really means whites paying their debts. (((Based!)))

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Is this why the kikes have been shilling so hard recently?

No.

Better idea: fiat currency, but tie it to the people instead of debt. Hitler had a decent plan with tying it to labor, but I think we can do better. What if wealth creation was tied to a eugenic system, such that couples with good genes and a proven ability to succeed (i.e. has a decent job/position/contributions to society etc.) is granted a fixed amount of newly minted dough for each child they have? This would sidestep the issue of the government having to arbitrarily decide how much labor is worth. Perhaps those with better jobs (the better specimens) as determined by their higher wages due to the free market valuing them more get funded to have more children than those with shittier positions.

Charge off their debt but only if they agree to leave the union. They're a fucking anchor around our necks and they need to fucking go.

Bah webbum isn't as compressed as .mp4 and can't be shared on twatter.

The real solution is congressional crypto distributed out into the nation's economy by a mechanism similar to "Mefo Bills" (Metallurgische Forschungsgesellschaft). Coins (or paper) could be minted by the Treasury and serialized and matched to pieces
of harvested coin.

Trips of reason!

Honestly. a cryptocurrency provides both the positive qualities of the gold standard and fiat currency. It would be nice to have competing currencies and let people decide freely which they'd prefer.

Fiat US Dollars or Dollar Coin.

Stop shitposting and go do something useful for once, FBI.

Where were you when Trump declared a jubilee year against the kikes? kek

Can you shine them?

Government-issued labor-backed currency should be loaned to newlyweds whites for buying their home. The debt can be increasingly forgiven with each child they birth, and after four children the debt is completely forgiven. So you either pay your debt or have white kids.

It'll be hard for them to go into debt again if creditors know they'll just "wipe it out."

Who am I kidding, the fucking reds will find a way.

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Dubs Checking My Trips: Checked!

Here's a little more information for anyone who might be interested. This path has been trod before, but this time our Reich will have a few more tools at its disposal.

fixingtheeconomists.wordpress.com/2013/12/11/hjalmar-schacht-mefo-bills-and-the-restoration-of-the-german-economy-1933-1939/
archive.is/lrSiy

How so? I see it as a move towards discouraging exploitative (((lending))) practices. Maybe Schlomo will think twice before creating another juicing scheme.

You're assuming Trump would pay it with taxpayer money instead of using a bankruptcy declaration. In that case the lenders just take the hit.

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I know that Holla Forums has become LITERAL shit since jim took over the site, but please take five fucking seconds to think before posting. Not asking for ten, just five. This shit is self-evident to anyone smart enough to deserve to live in the world after jews.

You're just quoting historic NSDAP policy

Like the Riechmark, cryptocurrency which use PoW, aka Proof of Work, are based off a unit of work. The difference is with bitcoin, an example of a coin that does PoW, the unit of work is constantly changing based on the network's total hashing power. The harder you work, the more likely new coins will be minted to you.
(Another important difference is that the work done for the Riechmark improved Germany as a biproduct and bitcoin only produces numbers as a biproduct)

Some crypto use a different minting strategy called PoS, aka Proof of Stake. In this model you can set aside any amount of coins which you own to be staked. When your coins are staked you can't spend them. For minting new coins your probability is based off of how many coins you staked vs the total amount of coins being staked in the network. This means that (((people))) who are just sitting on a lot of money will be the ones getting the money. Not because they did anything, just because they're rich and aren't spending anything. Luckily though, most coins are based off of PoW instead of PoS.

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The kike can't clip the coin that doesn't cross its claw.

Wtf are you talking about? Take two seconds to think.

You realize how saturated the market is, right? You realize that something like 70% of people live paycheck to paycheck, right? Puerto Rico isn’t enough to take this shit down.

Make no mistake this means tax payers are going to pay that debt, no debt is going to go unpaid.

See right below your post.

This world needs to be fixed very badly.

NO MORE NIGGERS. Get them the fuck away

You've already been presented with alternatives in this very thread.

So where are they?

Forgive debt, by granting them independence and revoking US citizenship.

Quit arguing like a kike and start reading the thread you fucking turbo-yid.

Seems like it’d be a piece of cake to just prove me wrong, but I guess you’d like to delude yourself into thinking that whites won’t be made to pay for this. Fuck off, yid.

Posting thumbnails is 4cuck-tier behavior, he's not a shill for saying that.

It is. READ you fucking CUNT.

The only opposition to striking the debt are the hedge funds who are loaded up on the stuff.

People need to learn that investing means you can lose the money. Next time the bonds will need to carry higher interest due to the real risk of default that they always carried.

Now about the fucking Jones act that needs to be dropped in a hurry, no US territory deserves being subjected to that.

I can already hear the collective screech of the (((international bankers))) over the horizon.

yes, wipe it out.

all arguments against debt forgiveness boil down to frantically searching for ways to justify jews playing their shekel scams. usury is anti-white.

Trump should wipe student debt, but only for STEM and actually useful majors as the ultimate fuck you to kikes and retards in nigger studies and whatever useless trash.

what really needs to happen is that they need to default on the debt, kikes want the US to shoulder the debt because a default will crash the whole counterfeiting scheme of keynesian/socialist policies.

The fuck?! So, when a kike "loans" money HE DOESN'T FUCKING HAVE (banks can loan out 10x the money they actually have), then demand interest on it so they can profit for doing absolutely nothing, this helps? Get some better drugs, these are destroying your mind. Try nootropics.

Puerto Rico can not legally default on their debt due to their legal status as a US posession, or they would have defaulted long ago.

The hedge funds bougt these bonds pennies on the dollar, and have been lobbying for a bailout ever since.

I don't have any debt personally but I support anything that hurts international finance. Usury is a sin anyways.

Filtered

Interesting analogy to electricity, I hadn't pictured it like that before.

Someone just post the redpills on how the (((debt based economy))) works.

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(zero dubs is still dubs)
Say goodbye to your shekelmachine hooknose klarman

SURVEILLANCE IS PEDOPHILIA
Look it up.

Usury should be declared illegal and all nations should issue their own currency.
Anything less than that is a way for kike cuckery.

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Kek approves.
Outlaw usury, ditch the current monetary system. Gas all (((financiers))).

If he does this I it will restore my faith in him. So far no matter how much muh 5d chess everyone claims I'm favoring the hypothesis that he's as much a (((puppet))) as any other president before him.
On the other hand, it would be a fucking shame if he turned out to be OK and they JFK'd him before he can do real damage.
We'll see.

Takes one executive order sillywilly.

Donald Trump literally waived the Jones Act to allow foreign ships to supply Puerto Rico in to spread it's disaster relief effort. But eventually it turned out the leftist governor and mayor were holding the supplies in warehouses and not distributing the aid to the people.

Irma and Maria have robbed Puerto Rico of any economic recovery it was having from the 2008 crisis. Now extraordinary measure will be required and that kike debt will be wiped away in one fell swoop, which in actually robs the kike of their shekels. However, if Trump does a bail out and pays the kikes off with taxpayer money we know what kind of president he'll be and it will assure the kikels he'll take the bait for the coming Fed crash. Lots of hedges have been buying up the governmental debt on the cheap where $1 dollar of debt was bought for $0,10 cents for example. Bailing them out would mean a 10x return for the vultures.

Congress has given PR a $30 billion stimulus aid package of which is $20 billion just to repair vital infrastructure and none insurance repairs the other $10 billion is just to restart the economic damage caused by both hurricane's. Back in 2016 PR had already defaulted on almost $1 billion worth of bonds. All of this hand holding does not fix the problem in the long run, PR needs extensive sea wall constructions on their north eastern side of their island, a project that will cost upwards of $100 to $200 billion USD which PR does not have the money for nor will it ever have it. PR needs restructuring in their social programs to get the lazy niggers to work. The tax plan, which gave factories and business who set up in PR a 10 year tax free time while employing lots of Puerto ricans did not help in the long run because as soon as the taxation had to be started most of these business closed their shops. A better solution would be to have lower taxation then in the US only for real physical job creating employing businesses.

The US tried to get rid of PR with the independence vote a few years back but PR voted for US. This means PR is a block on the US leg and thus will have to fix it's main problems infrastructure and economic wise before any talks of independence is even possible as PR is mostly reliant on tourism that will now further lessen due to the impact of the hurricanes and the fearmongering of the media.

Decades upon decades of leftist democrat politicians caused the obsolete mounting fiscal debt that PR will never be able to pay off. Obama gave them another rescue package in 2016. Since all decisions about Puerto Rico are made by congress or indirectly the President. In essence Congress owns Puerto Rico and a Puerto Rican has no voice, no vote and no representation in congress. The only thing they have have is a huge unpayable debt made by their socialist-semi-communist-corrupt politicians. These corrupt fucks now want to become another State within the US, but this is not what would be in the interest of the average American whatsoever. Ultimately the only solution is to force on them to become a independent country, let them sink in their leftist doctrine while they vote for more and more communism and can then apply for UN aid like all the other worthless niggers. PROMESA has proven itself to be useless.

It's a sytem i thought of just this moment, but let's give it a shot.

Set everything based on a families work per hour, measured by the category of needed (though up by nationalist surveyors) work. So, if you have too few apartments in the country, you pay more for work in construction. If you think the people are uneducated, you change the best payed category to teachers. You add the workhours to a families account, and they have this much currency. You could call it… i dunno… "1 Fam"
In this case, you pay taxes as a whole family, you vote as one family, your whole income if based on an average income of famillies in your country.
This increases: number of children, wealth, education, family bond, tradition, satisfaction.
This decreases: homelessness, poverty, hunger, etc. almost all things bad.
If you go to vote, you must vote unanimously, or you don't vote at all. This increases the chance that the man will take charge and we'll have a steady increase in conservatism and rational thought. We basically null the vomen's voting rights and go back to good old logical days.
And, for what the jew will attack us surely if we implement this, we will get rid of the international banking system, and build a true independent currency, with a steady growth, no inflation and all around happiness.
Shit, i feel as this is a good idea. Am I quoting some NatSoc economist, or is this different then what NS Germany tried?

Puerto Rico could be a beta test for something far more excellent.

Don't be simple OP. The people holding the bonds are things like pensions funds. Trump is right obviously because the place is destroyed. They can't even pay the interest.

I'm torn, on the one hand the libcucks with feminist studies, black history, literature, writing, and other liberal arts should be forever poor - on the other hand this would make the banks shit themselves.
Though on the other it might make people stop hating the banks while the liberals still go into debt and are forever ruined just be having no useful skills and being communist cucks.
There's a positive and a negative on both sides - this seems like a matter for Kek to roll the dice on.

Im fine with forgiving the debt so long as they go independent.

That's why the current economy is dysfuncitonal and has to burn.

*turns economy

Fuck spics, let the jews feast on their carcasses.

CK2 prestige: The currency

I don't give a shit what happens to their debt as long as we don't pay for it and they don't become a state.

(((Debt Forgiveness)))

The only people who are going to use this are the people in very high amounts of debt.
t. white trash - niggers - spics - etc

The system is bound up for everyone, even intelligent smart white men, because of all of the BS debt. It's debt jubilee time Rothchild shill.

This makes my blood boil

CK2 prestige: The currency

The Rothschilds (and frankly, all of the elite, .01% of the 1%) financers (whom also happen to be Jewish - Bilderbergs, etc) really activates the almonds, doesn't it? were able to get real foothold after the Battle of Waterloo in 1815 because then Britain thought they lost at Waterloo so then property prices dropped to literal pennies. After this, the Rothschilds bought up all the property and then Britain became theirs from that year forward. The only land the Rothschilds do not yet control in GB is the Royal Family estates

You could tie a currency with a metal that is precious enough to have value but is common enough that most everyone in the world can have some. My personal idea is tying a currency to copper or to silver (since copper is 100% recognizable and silver tarnishes which also makes it distinct)
JFK tried that, issuing an Executive order that would switch America from gold-backed currency issued by the Federal Reserve to Silver-backed currency issued by the Treasury Department. He (((died))) five months later.

While there are issues with that system of either copper or silver, it's better than having just the petrodollar or pure fiat currency.

The final solution.

Cryptocurrency PoW or GTFO

I'm not for Debt forgiveness, but instead we should wipe out (((Interest))) and have no one borrow any more until their current amount is paid off.

(((interest))) is what pays the bank workers but can also be partially used as a cushion for those who don't pay their loans back
then again money does grown on trees, at least in the (((Federal Reserve)))

Checked for Trump serves the Jew.
Deal with it.

Kike detected. No it wouldnt, the one thing that would happen is the bank priest class would go under. Everyone else would be fine, Trump would have the state disperse money in lieu of the banks just like they did in Germany.

You're thinking of debt forgiveness in the sense that the kikes talk about it. Kikes sell debt forgiveness under their terms and is made to set the foundation for (((universal basic income))) which is what will be used to prop up the shitskins more than welfare already does.

The proper way to deal with (((debt))) and (((debt forgiveness))) is declare debt void. Debt that involves jews will instantly be found fraudulent and all debt leads back to the (((federal reserve))) and (((wall street))). Declaring federal debt void and unraveling the jew network that is involved will simultaneously remove interest, which can be cemented by citing antiquated laws against ursury as a basis. If we don't void debt and instead remove one end of the jew hydra of ursury and fix money before fixing the system, we may end up actually giving kikes real legal money that's backed by something real. We can't fix the system and then make kikes ''legitimately" wealthy.

Think of that last part. Kike wealth is built off of debt and nothing more. If we declare all of that debt void and invalid, they have a very limited and relatively tiny amount of assets to support themselves in their last desperate breaths. We can essentially starve the beast. You may be thinking, but what about all of that gold they still have? Even that won't amount to anything because their system of corruption revolves around an endless supply of fake money backed by debt. If they switched back to gold, whether forced or intentional, they would be ruined.

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It's white people's retirement accounts if he's willing to just wipe it out. He knows this. Goldman Sachs' degenerate gamblers didn't bet on Puerto Rico with their own money or Israeli citizens' money. So just wipe it out. How about wiping out medical entitlements for niggers in the ghetto communes? Nah, Too many jews making a fortune in that scam.

youtube.com/watch?v=5D9bFGokDa4

fractional reserve banking is satan, goes against nature. money making money is unnatural. Stop worshiping mammon

ABSOLUTELY KOSHER

Who the fuck has a retirement account anymore? Nobody under 40 that's for sure.

He can't stop at PR, he needs to wipe out EVERYONE's debt. Start issuing Trumpbux.

The largest holders of PR debt are Hebrews. By doing this he is denying them their debt slavery shekels, you dumb fucking nigger.

The largest holder of debt in America is kikes, yet he's doing this in favor of shitskins.
Subprime student loans are still a thing, yet he's doing this.
Subprime loans for new goods Auto and Computers is still a thing, yet he's doing this.

If the PR monkies wanted out of their debt so bad, they could split from the union and declare themselves a sovereign state.
In an emergency situation, who do you take care of first?

DUBS CONFIRM

You guys are all totally missing the reality of the situation. We need to forgive their debt and spend WHATEVER IT TAKES to rebuild the island and fucking fast. If not we're going to have a million + PR spic niggers moving to US mainland states, one of the main ones being FL. WHATEVER it costs to rebuild that island and forgive their debt is a god damned pittance compared to what a mass migration of them to the US mainland would cost us. And cost us not just financially but culturally and at the election booth.

or stiff the kikes on the debt but we definitely have to get the island rebuilt so they don't migrate.

I’m not saying he is doing this TO hurt kikes, I’m saying he is doing this AND it hurts kikes. You should be applauding this just like you should be applauding Yair Netanyahu for posting his Faceberg shit about Soros. And who knows, maybe this maneuver will get the ball rolling.

While I don't disagree with a lot of the suggestions in this thread, I still think nationalising the banks is the easiest thing to do. New systems require the population to be educated, present the risk of destabilisation or rejection, and can present their own unique problems that we may not have encountered before. Nationalising the banks is easier because the banks have been nationalised before, therefore we can refer to historical examples to help us succeed. On top of that, very little from the citizen's perspective will change, making rejection less likely. As I mentioned before, it also gives the government better economic control, for examples, a housing bubble in a specific city can be eased by pulling back on new mortgages in that city. Current governments do attempt to do the same thing via regulation, but it's often too late and is worked around by private banks and second-rate finance firms.

See

Imagine this

Yea lets settle them in Detroit cause it's not already fucked as is.

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Trump looking a bit "Ya'll cowards don't even do crack" in that pic

I'm white and I'd figure out multiple ways to pass the losses along to everyone doing business with me were the government to decide that debts I am owed no longer exist. I imagine a kike will do the same thing, they'll just drink infant blood halfway through.

Exactly, if the government can make money it can erase it as well.
The only reason they don't is because it would break the whole illusion for normies and they would stop paying back mortgages, credit cards, student loans etc.

It's currency, fiat currency doesn't have a store of value the way real money does (gold, etc).

This. Currency is a representative abstraction of money, not money itself. That's how the Fedniggers got around the constitutional requirement for money to be silver and gold coinage when the Fed Act was passed in 1913.

How come the mods are allowing hasbara/JIDF trolls to run wild? It used to be a bannable offense to shill for jews and neocons.

They should start with you.

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Global report for CP.

Abandon thread..!!!!

He's ded, committed suicide after he found out Kampfy was his son, he shouldn't of knocked up that Turkish whore while he went backpacking through Europe.

plz

No idiot, report and filter.

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>Trump says (((banks))) will have to take a loss

Oh for crying out loud, go post thumbnails endlessy you fucking kikes.

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Nowadays it's strict board policy to only do so.

InB4,
then a series of smug anime girl JPGs, leading to skat porn then gore porn then Imkikefy turns up later to remove all offending non-jew compliant postings and bans them

Just another day on kike-controlled Holla Forums

Hello crash of 2017/2018.

Just report thumbnail posters and their sympathizers likely sockpuppets:

Better leave user.everything you said is true and it sucks

Why can't it be a "White only island" Fuck this shit

2019 calling it
will be like 1929

Have you considered suicide recently?

Cos the real problem with pol, are the actual non-jew, non-FBI, non-JIDF whites that you kikes got banned from here…

Can we talk a little about the PR debt in this thread?

I guess he means the state and its agencies will refuse to pay. It's mostly held by hedge funds who bought in, gambling they would be paid. The nice thing about hedge funds is they get rich quietly and they die quietly, with barely a wimper. They can't really fight back.

I agree with Trump. Why pay? And then once those debts are wiped out, then the island can be redeveloped, and some strong hands will be willing to step in. Until the debt is gone, nobody wants to do business there.

I agree if we rebuild it we get to use it. The people who went bankrupt there can go elsewhere but unless they have cash to invest or can rebuild their own houses, they'll have a change in plans.

The only real problem is that if the PR people go to Florida, it could flip FL to the Dems.

Yes. If you're NEET with nothing to lose, get as many credit cards as you can, max them out with all kinds of gibs, and don't pay them back. Crash the system.

They wiped out bank debts in Mr. Robot but since Jews produce TV shows they made it seem like that would accomplish nothing.

i like your dubs but let me ask you this. are there no more loans in this future paradise? no more mortgages or student loans or auto loans? only the folks who already have the money will ever own things? or are we thinking that the terms of future financial agreements will be more practical for the consumer and (((they))) will be purged from their usurious section of finance and now everything will be cheaper and affordable? because i can tell you this, the rates werent high enough pre 2008 to save lenders from the horrifying default rates on all types of loans in the industry during the recession. but the banks were bailed out. they should have failed but the superbanks wachovia, wells fargo, jp morgan and so on represented too much of american collateral. noone held a gun to folks heads and forced them to sign a bullshit adjustable rate mortgage that they couldnt afford. but the banks should have lost as hard as the borrowers. not everyone deserves a house in the suburbs. the system was garbage in-garbage out. the bail out would have wrecked the american economy. but that leveled playing field could have yielded a new age of honest practice and a fresh start for america. instead, i fear we're looking at more of the same for a long long time.

sorry
*without the bailout
and all im saying is this economy right now seems like its built on bubbles inflating and deflating. rising and falling tides of people buying homes, refinancing homes, building homes and selling homes. generations of young people in cities raising kids that want to live in the cities. and then their kids want to live in the country and raise children who long for a more civic lifestyle. an ebb and flow of migration from here to there with purchase trends and ownership. we needed the conclusion of the crisis and that ought to have been everyone defaults on their mortgages, all the banks go under, everyone starts from scratch however painful that might be for the folks at the bottom of the food chain to the top. and then hopefully something better and more practical comes along and we begin anew.

tranny goons aren't white and neither are jews.

You know, if you took that screenshot and went into a time machine back to 1989, you could really fuck with some heads.

One can have banks and loans without them being as predatory as they are now.

Just going back to requiring 20% down on a home would destroy the mortgage debt slavery system.

Too many people can get loans too easily.

No, user, that show is heavily egyptian muslim.
There are definitely kikes involved, but it's less jewish than you might expect, which may explain it's less than generous stance on (((banks)))

The problem is that debt effectively acts as a market depressant or siphon. It is extortionate, ridiculous pricing that places enormous amounts of money in the hands of Jews for doing effectively nothing other than saying "I agree I own all this and you agree I own all of this." It's a trick; a giant fiction. Debt is simply a way of convincing goyim that Jews deserve to get resources without actually contributing anything by tricking them into thinking that the Jew has provided them a service that is worth all their surplus income. It is inefficient because (A) fewer people are less able to spend money where it is needed, and (B) Jews are not inclined to spend money well; Jews will spend it on nation-wrecking and power.

Forgiving debt would destroy our system but only for a short time until a new currency is issued and people figure out normal prices.

The biggest problem with debt forgiveness is not the debt but all the property already in place.

Debt has been used to illicitly seize resources from us and have us toil for Jewish benefit. It has been used to claim things not theirs and appropriate resources they should never have been able to even look at. The biggest problem with debt forgiveness is how to distribute all the illicitly seized property. How are we to compensate people for having an enormous fraction of their incomes siphoned away for forty years? How are we to compensate people who had their lives and property destroyed by debt? How do we determine who legitimately owns what?

The government is the only one who should ever be issuing currency.

True. Multiple currency issuers are always shit. It makes the currency uncontrollable and unstable as shit. What FRB does is not create money though but create debts and IOUs that are treated as though they are 1:1 exchangeable with dollars.

???

No, it wouldn't. Having a capped (deflationary) currency is fucking retarded.

"Must." How "must" it be? How is trusting that your paper can be traded for gold different from trusting that your paper can be traded for anything else? All you're describing is a way to popularize the currency and get people using it initially, after which it sustains itself. The problem here is that if the fucking government is issuing the currency all it has to do is say "Pay taxes in this" and people will use it.

Do you even think before you post?

What is this even supposed to mean, you fucking Britfag? Money only has to be created in order to keep up with the amount of wealth in existence so that your currency keeps a stable value rather than inflating or deflating.

First coherent thing you've posted. Nationalizing the banks works because it stops multiple currency issuers.

Stop thinking so simplistically. Actions can have multiple goals.


Look, I know these are fun buzzwords you find on Holla Forums, but actually think about what you're saying. You're talking about a piece of paper that Joe Public thinks he can trade for the things he wants and which John Smith will accept in exchange for his goods because he thinks the same thing. There is no "labor backing" or "gold backing" unless one thinks that the currency will be magically forced to always be exchanged for those things, which is ridiculous. Nothing in the universe will ever 100% guarantee that a slip of paper will be exchangeable for gold or labor.


If you think the government is ever going to accept more than one currency in taxes and be successful you're deluded; and if you think people will ever choose anything other than the currency they already have to pay taxes in you're deluded. There will always only be one currency that most people choose, and the issue therefore is how to make sure it is a successful currency.

WRONG ANSWER.

If a country can print currency, that country will never see the end of war or social degeneracy. All you have to do is blackmail the government and it is a private bank again.

Money should discover itself. Like bitcoin. People will know what has value and what doesn't. Government currency is the most dangerous invention ever.

there's the double effect too that wall street got a huge bail out, then they take that money and lend it out at low interest to people

If you forgive all student loan debt, you own the millennials like Democrats own the blacks. If you shut down the student loan program at the same time you do that, you will protect America for generations.

If you then liquidate all the professors for Crimes Against the Youth, then you get the Top Kek award.

You're a fool. Government says "We don't accept taxes in anything but the currency we issue." Government also says "Pay taxes or else." People say "Well, if I have to pay taxes in this currency anyway I might as well use it for everything else anyway."

You don't have a choice in government issued currencies anymore than you have a choice in the existence of militaries. It's going to happen whether you like it or not. The choice, then, is what to do about government currency. The correct answer is not to cry about it but to be eternally vigilant that the currency stays sound.


Most lending is used primarily to extract more wealth; bidding up house prices, for example. Banker Goldstein says "I'll loan you money at low interest, Jose, to buy that nice house from Mr. Smith." Jose, armed with a much larger buying power than he would normally have, now bids up the price on the house substantially (artificially inflating the price). Multiply this through a market and suddenly house prices go beyond what people can afford (without a Jewish loan) and so suddenly Banker Goldstein's cousin Greenstein can come in and offer an extortionate loan to families looking to buy houses. Effectively they bid up prices in order that their slaves will have to sacrifice more resources to them.

That's just one example. The point is that lending is used almost entirely unproductively.

id love to see the US deafult on its seventeen digit debt and then deafult to the stone age

shutting down student loans would create the need for a vast public welfare system, since the US edu.system is created to loanshark the entire demographic

they're won't be forgiven, America will pay for it

Non-sequitur. Debt ≠ infrastructure. As long as the infrastructure and critical assets remain with the state, defaulting is a good thing for them.

Why aren't we meming jews to forgive all world wide debt next shemitah?

I'm trying to think real hard of how any hard working American would really lose out on this. Everybody who is responsibly involved would view such assets as risky investments that are difficult to collect on unless big government is invoked. Anybody who kvetches over that would be highly suspect to me; in practice, I feel the vast majority of respectable people would be in favor if the two options were fully fleshed out and presented.

i guess the last financial crisis was just a result of some bank driving a truck of dollars of a bridge

anyone with savings would be hit instantly. then the economy collapses

Money is a representation of wealth, not wealth itself, so trying to pretend gold is money or that money needs to have a "store of value" is stupid.

If the "money" circulates at the worth of its constituent materials it is not money but merely another commodity being bartered with all the problems of barter. What difference is there between a gold coin and a lump of gold of the same weight? Why carry around gold when you could just barter directly? Why barter when you can just have credit arrangements in your high trust society? Why not codify the credit arrangements by writing them down? Why not trade those IOUs? Oh, whoops, looks like we've invented "paper money" again.

If the money circulates at a value above the worth of its constituent parts then there is, in fact, no difference between gold money and paper money, because both gold and paper have worth and both are being traded for more because of what they're shaped into.

If the currency is merely "gold-backed" — i.e. you carry around notes "redeemable for gold" — then it is no different from any other currency because there is no difference from trusting that you can redeem your paper for gold and trusting that you can trade your paper for any other commodity.

Precious metal currencies are a shitty meme that has no thought put into it.

you are one retardef dumbass you know that?
are you gonna produce and transport 20 tons of grapes to buy a house? where will you store them? in another house? how long before they start rotting? what will you do when tge house selling guy sais he wants cattle not grapes?