America is broke

Debt exploded: US threatened by insolvency
German Economic News | Released: 28.02.17 00:32 Clock

US sovereign debt is approaching the landmark of $ 20 trillion, and thus a fixed upper limit. No later than this summer, America will be broke. Donald Trumps Military fantasies can not be financed at all.

Oy vey. (((Who))) could have known THAT….

archive.is/OfePC

Other urls found in this thread:

youtube.com/watch?v=HnJZ2haLPCw
youtu.be/0rpWXHN9320?t=20m12s
en.wikipedia.org/wiki/From_each_according_to_his_ability,_to_each_according_to_his_needs
en.wikipedia.org/wiki/Reichsbank
twitter.com/SFWRedditGifs

And here comes the stock market/financial crash that will inevitably be blamed on Trump.
Do it, Trump. Audit and break up the fed and go to labor-backed currency. Do it. Hitler already showed us how. Shit was fixed in a year. Do it.

Do it. We've got your back.

If that happens, Trump gets sole power of the purse and supersedes Congress.

Get ready to see some real shit.

DO IT!

JUST DO IT!

No.

You think the kikes haven't learned from Hitler? The difference is we're not Germany, and all niggers and welfare recepients will literally riot, thus creating a three year race war in America. Meanwhile China will strike.

I HOPE YOU WANT A HAPPENIN THREAD, CUZ YOU'RE IN ONE

No shit you fucking socialist cancerwhores.

This is so odd. I remember when we were $12 trillion in debt, but we totally had all the money we needed to invest in Israel's war in Iraq. And I also remember when the economy was tanking, but the 43% of the top 1% all said tax cuts were a mitzvah for the economy.

I wonder what's changed? Do you suppose another $10 trillion might magically appear if Trump swore to exterminate Iran?

...

won't be the first time user…

CALL THE JEWS BLUFF TRUMP!
They are at their weakest right now!

depression 2.0 incoming, its all gonna be evil drumphfhs fault

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double dubs checking double dubs, wew

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Even niggers know it will only take a few months.

youtube.com/watch?v=HnJZ2haLPCw

Kikes always show that they never learn.

Trumpenreich confirmed.

LABOUR-BACKED CURRENCY
BREAK FREE FROM THE WORTHLESS GOY PAPER
BREAK FREE FROM THE SHINY JEW METAL

I don't think it'll get that bad, after all the US dollar has been pure fiat currency since Nixon and it hasn't caused the world to stop spinning yet. If (((they))) crash the economy all Trump has to do is re-instate the US Treasury as the source of money instead of the FED thus ridding our nation of the usurious (((kikes)))

=DO IT!==

Kill the kike with his greatest fear, hard work and educated men.

What we be the best way to preserve wealth?

I know it's a nice buzzword but what actually is it?

...

Hyperinflation happened because the banks were printing money uncontrollable. Also companies issued notes of exchange that were 1:1 to the mark and thereby expanded the monetary supply. How do you quantify how much labor is one mark? I don't think this was ever actually put into practice. Germany printed and minted currency as it did before, and they still used silver and other metals in their currency. Hitler used fiat currency with some backing with precious metals. Also as early as 1936 there were shortages in some goods and so the government removed the price controls they put down on those goods. The germans were pragmatic tbh. Also because germany had no foreign exchange reserves the reichsmark was fairly useless abroad making business for germans quite difficult.

Everything is fine Goyim the economy is better than ever
OY VEY THE ECONOMY IS FAILING THE DEBT IS UNSUSTAINABLE THE ECONOMY WILL CRASH IT'S ALL TRUMPS FAULT REEEEEEEEEEEEE

They can't riot if they're dead

You say you don't know what labor-backed currency is at first, then you seem to know what it is and why it's not good?

...

He smells Jewish, playing dumb at first then acting like a pseudo-intellectual.

SHUT IT DOWN

THE GOYIM WANT TO BE COMPENSATED FOR THEIR LABOR

I didn't know what it is, then I read the infographic and get an idea of what it is and then I disagree. How is that not logical?


not an argument


not an argument

Sorry Moishe, no 15% APR loans when the labor backed currency hits hard

Still not an argument, how does labor backed currency work?

It seems to me that you go work, get a certificate, and then you spend that certificate on goods. Isn't that just fiat currency?

ACTIVATE EXECUTIVE ORDER 11110, already signed by John F. Kennedy

also check those executive order quads

Context denial. You referred to it as a buzzword, and then demonstrated historical knowledge that suggests you should have known exactly what was implied, and thus were attempting to bait into a scenario wherein you could attack the concept, rather than just doing so forthright. Your feigning ignorance belies your statements from a historically-informed stance, so either you are being disingenuous, or your claims in the historical context have no weight.

thats not an argument too its honestly not that difficult. if you can basically set prices without any inflation you can also set a standard for a certain amount of a certain quality of work and go from there in any way you want
i.e. you work 40h a week as lowest tier worker get 2500 currency because thats what you need to live, maybe live comfortably if that is possible

FUCKING DO IT TRUMP TAKE MY ENERGY!

Isn't that just price and wage controls?

Is it? You seem to know a lot about it for a guy that wants to be spoonfed

Not an argument

I'll ask it once more, from your definition of labor certificates (where is the historical proof of these certificates), aren't they just price and wage controls?

It seems to me that they were, however shortages in food stuffs and goods began to happen in 1936 IIRC and so they abandoned it hence why they minted many silver coins.

well in a way it is based on that but that is because at first the state is in every transaction and sets the prices for certain state controlled goods so the price of all other goods is based on what it is worth to the buyer in relation to this state controlled goods with work force being one of these goods
once people start employing other people this continues based on how much you value your own work force

More like ferrari currency.

Fuck off kike, stop spewing not an argument and actually look into it yourself. I'd have given you a pointer where to look for but you're too disingenuous for me too start spoonfeeding you.

Isn't that not an argument kike a plebbit maymay anyways.

The only thing that can save you goy, is war with Iran.

I guess Trump will either go down as the guy who saved America, or…

It's quite obvious you didn't actually read the screencapped post above, because your response to it includes no relation to the information contained within.
The Reichsmark was issued by the Government, not lent to it, thus eliminating interest payments.
Also, speculation in the currency was eliminated, as was issuing of loans from banks.

It comes from Mollyjew and is used by cretins who don't want to listen when people tell them things. Yes the kike who says it a lot is loved on plebbit.

Not an argument.

We do need to go to war with Iran
with

not an argument

But many countries around the world have state owned central banks that issue money. China is an example, North Korea, and so on.

It is the printing of money to oblivion that makes a currency worthless (or the cessation of trade in that currency). It is simple supply and demand.


still not an argument

user has impeccable jewdar.

But you are not addressing any of my arguments.

No because with fiat currency you can literally just print more money whenever you want to thats what fiat means creating something out of thin air with nothing more than an order to do so.

With a labor backed currency if people aren't working then no new money can be produced.

not with. for. War = money, goy. lot's of money, remember that. and (((we))) and our friends (military-industrial complex, cia, israel) want that.

/snip

" Donald Trump is in the trap."

the obongo trap. that commie nigger knew exactly what he was doing, ruining the usa completely. a wonder he is still alive and runs around if you ask me. others got shot for less.

And if a government doesn't print money to oblivion, it will not become worthless. Until the debt owed on the very currency issued is eliminated this cannot be done.
Maybe do some reading, and stop projecting your non-arguments on other people.
Either lurk moar or go back.

You misunderstand. We need to go to war with Iran as allies to destroy Israel.

The 'labor-backed currency' fag(s) show up every few months. The best/only explanation that was ever given to me was a link to some green-party candidate's blog. They all try to take that one quote about requiring an equivalent worth of work for a mark, as implying some sort of magical labor backed currency. In reality the currency was backed by land, if I remember correctly. Don't even bother trying to get an straight explanation. They'll just yell 'kike'. They're either leftypol or very confused.

But how would you quantify the labor of different people? How do you differentiate between the labor of an engineer and that of a chimney sweep?

From what I found this idea of labor certificates is tightly bound up in the marxist labor theory of value.

The value of currency isn't based on the amount of labor that is used to produce the goods that is traded in it, rather it is valued on the total demand of the goods denominated in that currency.

This is why countries like India, despite essentially having slaves working nonstop, doesn't have a high valued currency. (of course they intervene in forex markets to push its value down nonetheless)

Assuming you have an economy where everyone belongs to the same ethnicity (ie all h'wite) you can just do fuck all at all (besides intervene on the market as little as possible) and watch the prices regulate themselves.

What someone needs to "survive" or "enjoy life" is subjective given that someone can always find ways to earn more or spend less as long as you don't have psychopathic jews around.

The proper way to tax the rich is to set higher taxes for luxury goods.


Molyjew uses it "properly", JIDF and leftycucks just use it whenever they can, turning it into a buzzword.

If you ignore the autistic spergs who yell kike when conflicting ideas cross through their minds you'll end up debating more intelligent anons like

Yeah, that's pretty much what I asked last time. And all that I got was a link to a bunch of leftypol-tier autism.

Wouldn't be the first time :P Emergency Banking Act of 1933 anyone?

Gold, by far. It has survived every collapse for thousands of years

if the US crashes bitcoin will skyrocket in value, think 10K+

Stupid question but what exactly will happen once the 20 trillion USD landmark has been reached or exceeded?
Also, can't the FED (or whoever) just keep printing dollar bills ad infinitum?

Why should anyone support your ideas if you can't tell me precisely what they are or even debate me?

Anyone who would have become president after the nigger, would take the the heat. The guy was not selected for change, he was palced there to bring down America.

Trump has inhertied not a mess, he inherited a dead bird's dead egg. That egg is going to crack, and the stink is going to pour into every last corner of the country. And who will they blame? Him, of course. It's his administration now remember, stupid g- i mean, you can't blame it on the old guy. Wrong. You can. And you should. Try him for treason, for one. And then bring down the entire rabbit hole, or you will not survive the coming storm.
That's all.

good point…

Dubai crude
Brent
West Texas Intermediate
Bonny light

oy vey, that's antisemitic!

I doubt he has the balls to do it though, he values his own life a little too much for that. (That was sarcasm). So, summer then. Nice time for a thermonuclear holococaust. We'llm, i'll be long gone before that happens and screw the rest of the word and the internet thank you very much. Time for the simple life, in a cave- on the ass of the world.

good vid though

lmao

(checked, heil)
It is a debt ceiling from what I understand, which means that congress will just lift it again. The FED can print money essentially infinitely however the value of the dollar would approach zero. However collapse isn't imminent as some gold bugs and alarmists constantly make it out to be. The U.S. imports 8% of Chinese GDP every year, they will continue to lend back dollars it makes off of trade. China also has about 300 million poor peasants migrating to the countryside looking for work, and not even China has enough growth to absorb that many people so they want to continue the status quo.


You aren't refuting anything I said. My point is that value is subjective and therefore it is impossible to value the labor of a chimney sweep vs. an engineer without a market. The dollar is valued on the basis of the demand that other countries have for its assets, debts, and goods. The USD being the current reserve currency allows many commodities to be trade in it which also keeps its value.

This doesn't even begin to answer his question. It's not even slightly related.

Oh i know them, i just dont care anymore.

It MAY have had something to do with, you, the BOMBINGS?

You filthy disingenuous kike.


Do you even understand why pogroms happen?

I'll you the benefit of the doubt that you read 1936 as 1939.

There was no war in Europe in 1936 user.

German kikes kvetching because they know the president gets to move money if the kikes stymied a budget.

FFS they could have all this bitching and moaning automated at this point with how many circles they have spun.

My mistake, read is 39'

To be fair, when have kikes not been at war with their betters?

I called you a kike not for the differing opinion but because of the way you decided to start arguing. I've debated enough times with kikes to know it serves nothing to argue in good faith, hence why I immediately started using ad hominems.

They better be careful memeing our brokeness. Israel may not get their welfare check.

Kikes hate everything that is western, and they wish to impose their vile degenerate psyche onto europeans.


No worries user. There are many shills on this board so it is prudent to try to call them out.


If what I've read is true, Trump is going to cut state department foreign aid which means that at least there should be less welfare bux going to israel

I see, thanks. The thing I have a hard time understanding is really what this all means.

Let me put it this way: if a private person owes money to say a bank (or even another private person) and that private person cannot pay back what he owes, the bank basically comes in and confiscates his shit as payback.
The same basic logic applies to countries except that nobody could come in and take a country's shit. Banks don't have militaries, countries do, so how could they come confiscate anything?

This is why I never understood the whole debt thing.

Yes goyim pay the debt you owe me.. I mean the bank.
Money was never an instrument to control the material and intellectual resources of the world. Trust me.
So now goyim, just accept the debt. The acomplishments of your forefathers belong to me.

Why do you think they're doing everything to put Schultz in power in Germany? With him in power Germany will give double the welfare given to Israel currently by the US.

2 words for you pal, MEFO BONDS

The end game when the US can no longer absorb such large trade deficits with its existing assets and debts is something no one knows about or what its going to look like.

Either when existing assets and debts are consumed by foreign countries or people suddenly lose faith in the US economy is when the end game will begin.

As long as the U.S has a vast nuclear weapons arsenal the insult the french did to the germans in the ruhr valley will never happen here

Hell, the U.S. has had a labor backed currency in the past during the civil war. It's the real reason Lincoln was killed.

no, I assure you. It would be over in a few weeks

Wait what? How?

Thanks for the explanations man. Not sure I fully get it (yet) but it helps.

If the U.S. runs out of funds and congress doesn't have a budget plan in that event, which they currently don't, the president has full power over the budget.

All things seem to be fated for Trumps rise. I really look forward to summer.

...

Not without the wall. We'd be fighting back shitskin hordes for years.

Great idea give total control to goldburgs! This would destroy the middle class..

Okay so wait, let me see if I'm getting this right:


It sounds pretty foolproof if you can get rid of international banking or just private banking firms in general, fuck man if only it was this simple

The shitskin hordes that don't really have any standing forces? TJ is gunna burn, brah.

So what's stopping Congress from slapping together a budget plan between now and the summer?

I feel like while this would be a great opportunity for trump, its one that is too easily countered to rely on

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Don't you know 'bout the bird

Well ev'rybody knows that the bird is a word

Oh well-a bird bird b-birds oh word well!

A-well-a ev'rybody dance about the bird bird bird bird

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B-birds the word now when a bird bird

B-birds a word now when -a bird bird bird

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B-birds the word well papa com-a mau ma-papa

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Italy invaded Ethiopia in 1936.

Nothing really, except congress being a bunch of lazy Jews and morons who haven't done anything in twenty years, and didn't expect to actually have to do anything. Even if they were to draw up a plan, I would imagine they would argue over the contents for over a month, and then Trump of course could always veto it if he doesn't like the contents.

A-well-a ev'rybody's heard about the bird bird bird bird
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B-bird's the word now well-a
Don't you know 'bout the bird
Well ev'rybody knows that the bird is a word
Oh well-a bird bird b-birds oh word well!
A-well-a ev'rybody dance about the bird bird bird bird
B-bird's the word oh well-a bird bird bird
B-bird's the word a-well-a bird bird bird
B-birds the word now when a bird bird
B-birds a word now when -a bird bird bird
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Well ev'rybody's talkin' a-bout the bird a-well-a bird bird
B-birds the word well papa com-a mau ma-papa
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Papa com-a mau mau well-a don't you know 'bout the bird
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Don't you know 'bout the bird
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B-bird's the word oh well-a bird bird bird
B-bird's the word a-well-a bird bird bird
B-birds the word now when a bird bird
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B-bird's the word oh well-a bird bird bird
B-bird's the word a-well-a bird bird bird
B-birds the word now when a bird bird
B-birds a word now when -a bird bird bird
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Well ev'rybody's talkin' a-bout the bird a-well-a bird bird
B-birds the word well papa com-a mau ma-papa
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B-bird's the word now well-a
Don't you know 'bout the bird
Well ev'rybody knows that the bird is a word
Oh well-a bird bird b-birds oh word well!
A-well-a ev'rybody dance about the bird bird bird bird
B-bird's the word oh well-a bird bird bird
B-bird's the word a-well-a bird bird bird
B-birds the word now when a bird bird
B-birds a word now when -a bird bird bird
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B-bird's the word oh well-a bird bird bird
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Well ev'rybody's talkin' a-bout the bird a-well-a bird bird
B-birds the word well papa com-a mau ma-papa
Com-a ma mau papa com-a mau mau
Papa com-a mau mau well-a don't you know 'bout the bird
Well ev'rybody know that the bird is a word a-well-a bird birdA-well-a ev'rybody's heard about the bird bird bird bird
wew

you forgot the part where the globalist puppet Winston Churchill got in war with Germany because "muh chosen people couldn't have his shekels"

the kikes will do everything in the book, and every possible vile act to maintain their status. There's no way to deal with these bastards except to purge them all

I can't tell if the context of that quote is "Hitler didn't really do anything wrong other than that" or "Hitler was an evil bastard that didn't want his country controlled by private bankers."Neither is especially comforting considering how cavalier he seems to talk about it.

If Trump actually audits the Fed, is there any way (((they))) can stop him (besides a bullet)?
Is there some San Fransisco court of beaners who could somehow "overturn" it with jewish tricks?

Serious question.

A-well-a ev'rybody's heard about the bird bird bird bird##

B-bird's the word oh well-a bird bird bird
Bird is a word oh well-a bird bird bird
Well-a bird is the word oh well-a bird bird bird
B-bird's the word a-well-a bird bird
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B-bird's a-well-a bird bird bird
B-bird's a word a-well-a bird bird bird
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B-bird's the word now well-a
Don't you know 'bout the bird
Well ev'rybody knows that the bird is a word
Oh well-a bird bird b-birds oh word well!
A-well-a ev'rybody dance about the bird bird bird bird
B-bird's the word oh well-a bird bird bird
B-bird's the word a-well-a bird bird bird
B-birds the word now when a bird bird
B-birds a word now when -a bird bird bird
B-bird's a word now well-a bird bird bird
B-bird's the word oh well-a bird bird bird
B-bird's the word a-well-a bird bird bird
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Well ev'rybody's talkin' a-bout the bird a-well-a bird bird
B-birds the word well papa com-a mau ma-papa
Com-a ma mau papa com-a mau mau
Papa com-a mau mau well-a don't you know 'bout the bird
Well ev'rybody know that the bird is a word a-well-a bird birdA-well-a ev'rybody's heard about the bird bird bird bird
B-bird's the word oh well-a bird bird bird
Bird is a word oh well-a bird bird bird
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B-bird's the word a-well-a bird bird
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B-bird's a-well-a bird bird bird
B-bird's a word a-well-a bird bird bird
Well-a bird is a word a-well-a bird bird
B-bird's the word now well-a
Don't you know 'bout the bird
Well ev'rybody knows that the bird is a word
Oh well-a bird bird b-birds oh word well!
A-well-a ev'rybody dance about the bird bird bird bird
B-bird's the word oh well-a bird bird bird
B-bird's the word a-well-a bird bird bird
B-birds the word now when a bird bird
B-birds a word now when -a bird bird bird
B-bird's a word now well-a bird bird bird
B-bird's the word oh well-a bird bird bird
B-bird's the word a-well-a bird bird bird
B-bird's the word a-well-a don't you know 'bout the bird
Well ev'rybody's talkin' a-bout the bird a-well-a bird bird
B-birds the word well papa com-a mau ma-papa
Com-a ma mau papa com-a mau mau
Papa com-a mau mau well-a don't you know 'bout the bird
Well ev'rybody know that the bird is a word a-well-a bird bird

what am I missing here?

...

Anyone want to take a guess what our economy would look like if a certain kind of person was allowed to continue running as Head of State?

this point we agree on.
Define exactly how much a dollar is worth and I'll define how much a unit of labor is worth. Would you agree that the valuation of both changes?

The main point here is that fiat money doesn't need physical backing it's all about faith in the currency's worth.
I don't understand objections to the NSDAP's use of labor backed currency when a nation's labor is a more indispensable resource compared to a particular metal or substance when it comes to the production of goods and services by a nation.

...

Holla Forums ate my post.

I think he will guys.

Well this is pure speculation on my part, but I assume Soros would fund and arm a small army to send up through the Mexican border.

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Possibly but the real problem would be to keep the bankers from taking back control again quietly the next year.

Hitler trips of truth.

All we need now is for him to kick out undesirables and eliminate the US Debt and the Trump will finish the Job Jackson started

DON'T YOU DARE EVEN THINK ABOUT LABOUR BACKED CURRENCY YOU FOUL DIRTY GOYS!

THAT WOULD BE EXTREMELY ANTI-SEMITIC!

WE WOULD BE FORCED TO DISRUPT YOUR CONVERSATIONS AND BAIT WITH "NOT-AN-ARGUMENTS" TO PREVENT THIS, STUPID FUCKING GOYIM!

The popular president is always the anti-establishment president. (((they))) know this and use it like a pressure release valve. People won't revolt if they think theirguy is in power. Meanwhile (((they))) continue to hold power from the shadows.

So what.
What country is going to even try to call out on our debt?

The reason for the build up of the military is to stop other countries from coming and going full "repo" on us.

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Keep telling yourself that faggot.

money doesn't need physical backing because it's a commodity itself

Other nations are irrelevant, user. It's the (((banks))) we take loans from to actually print our currency that are the issue. They won't give anymore loans, and the president will be forced to make massive cuts at his discretion.

Because when you say your nation's labor force is the backing of your currency, flooding it with people increases its wealth instead of decreasing it. It turns the weapon the enemy is using to break the nation against them.

Taking your industry back from other nations increases your wealth further.

A country that says its workers are its wealth is saying those who do not work are worthless. It encourages people to produce instead of consume.

This kills the parasite.

The fuck is all this bird shitposting? Is it some new shill tactic?

Then it is time to nationalize the banks

Reserve your shit-talk about military spending until there's a budget proposal in place. Trump's not a defecit hawk but I highly doubt Congress will run up a bigger tab than they did under Obama. After all, it's not like debt ceilings stopped them back then, right?

/britpol/ gone rogue.

To be fair, in a situation like that, we sort of hold all the cards. It's like they want us to break off and nationalize our own currency and banks.

The eternal anglo

You're correct, the Jews own Jewish nature is their downfall.

It is really just inconvenient is all.
Low energy attempt.

As has been demonstrated already, nationalizing your banks is a prelude to foreign military attack.

Wouldn't this bolster their lie that "diversity is our strength"?
While I'm all for making the average white American great again, I see it as a potential weakness. A chinaman in the armor, if you will.
Secondarily what would the mathematics for determining labor's value?
Is a welder's labor valued the same as a barista's, or would there be stratification to this? Would GDP be calculated into this or would it be excluded?


My guess is that Holla Forums has struck a nerve somewhere. They'll get tired eventually, they all do.

Hide and ignore. They can't even shitpost properly. Pathetic.

(checked)
(checked)

Why are british people so counter-productive and disruptive? Or were they shills all along posing as brits to cause division?

/newbritpolitics/ false flagging /brit/

Consider that the people who are trying to fuck us have a head for numbers, not people and not populations.

Does this actually matter at all? Governments always treat debt like it's a fucking meme and contrive someway to raise the ceiling.

It's all apart of Trump's master plan, user.

Debt owed is a piece of paper somewhere that another nation says means they own a piece of you.

yes
debt20T$>>GDP10T$>>>>>>>percapitaincome40K$

So what? They will just raise the debt ceiling and print more money, as always.

By saying "it is worth [x]" and paying accordingly. When everyone is at either 0 (or in the case of jewish debt, negative values) they aren't likely to argue.

Sounds like Free Funz to me.

This, and to add onto that Hitler's economy was not perfect, they implemented price controls which were a mistake and threw things out of balance causing shortages, other than that it was pretty much 10/10 as is any monetary system that is interest free and not debt based. The fiat vs goldbug bullshit is just that, bullshit, the issue is debt-based currency which ensures there is always more debt than currency to pay it and permanently enslaves a country to (((them))). "Labor backed currency" is a buzzword for fiat without debt which is ideal, removing the burden of insolvent debt from the economy unleashes all kinds of potential of a nations workers.

So, the Republic becomes an Empire ala Rome?

they'll have a fun switch too, can't wait

Pritanoi are NOT aryan, they are pre-indo-european.

Easy fix, actually… (start at 20:12)

youtu.be/0rpWXHN9320?t=20m12s

Would love to see the Emperor do something like this.

Labor backed currency is a misnomer, Hitler's currency was fiat issued without debt which solves the artificial deflationary/inflationary business cycles which speculators and banks use to siphon real wealth from an economy and destabilize it using debt ponzi schemes, and it also means that nothing is owed to international banking cartels so NWO has no opportunity for leverage or profiteering. This has been implemented successfully elsewhere also, for example the colonial scrip used by the founders until the British decided to be faggots about American colonists using their own debt-free currency, and the debt-free greenbacks used by Lincoln to finance the Civil War, he was assassinated because he wanted to continue using them after the war and fuck over the Central Bank parasites.


India has a central bank which is the root of their economic problems. Also the petrodollar mercantilism set up by (((Kissinger))) contributes to (((their))) parasitism of developing countries and the petrodollar mercantilism is a consequence of debt/fiat currency coupled with its enforcement arm, the military industrial complex and deep state.

I agree with you that "labor backed currency" is a misnomer and a buzzword but that does not detract from the objective benefits of having interest free nationalized currency which is the ultimate affront to (((them)))

http ://usa-the-republic.com/emergency%20powers/United%20States%20Bankrupt.html

Read this, then look up UCC codes, legal name fraud, birth certificate bonds.

The american government has been bankrupt for a very long time.

Just dumping 5 relevant pics

This, fiat currency is literally just a meme whether it is gold backed or not, the only difference is that kike central bankers add their forced meme of insolvent debt onto the meme of currency, and also meme the money into existence in the first place with no small help from the government and the military industrial complex. This gives them total control over core economic variables which they can manipulate as leverage to enslave and control otherwise sovereign countries while siphoning real wealth from productive citizens through cantillion effects. Anyone who is a bad enough goy to use sufficiently strong meme magic against the Fed can completely undermine the primary source of their power, Hitler being the prime example of this. They know this and that is why they try to mitigate their inherent vulnerability with constant control freak kikery via an expanding surveillance state, disarmament, military neocohenism, etc. in a process of cancerous growth which makes the world worse for literally everyone except (((them))).

I don't think you lot get it. Let them come to collect. LET THEM.

http s://www.youtube.com/watch?v=t6yyQ_328mA

HELL YEAH FUCK BANKS AND FUCK INDIANS

Increased debt can only be supported by increased productivity. If your productivity doesn't rise to pay off the debt and interest then sooner or later there will be no way out. If you keep failing to raise productivity then eventually the time will come when you can't even pay the interest on the debt.

When you're struggling to pay interest then people lose confidence in your currency and the begin to offload it. This drives the value of the currency lower and forces interest rates on rolled over debt upwards, which makes the debt greater. Your currency devalues in a tightening downward spiral. All is lost.

The US is struggling to increase productivity(GDP). One of the main reasons being that it has offshored physical production depriving millions of well paying jobs. When your workforce has less money it cannot continue to consume without taking on debt (or going on welfare, public debt) and taking on debt while your income drops is a roadmap to bankruptcy. There are those who profit in this scenario, at least for a while - those who makes the loans to people and government, the bankers, the rentiers.

The US is being extracted. It's being hollowed out from inside, soon there will be just a shell, and then that too will begin to crack.

LABOR BACKED CURRENCY

Dumb as fuck and completely UN-meritocratic. The people should decide the value of your time, the more you get away from that the more fucked you get. See communism.

You're a moron. You've taken three words, realized you have no idea what they mean on a grand scale, put them together at a level you understand, and are now attacking your own assumed meaning. Kill yourself.

Who got?

It's evident that the reason you're not defending your argument with details is that you simply cannot.
KYS commie

What? You don't magically get more money for doing less work in a timeframe, user.


Wasn't aware Hitler was a commie.

Hitler didn't back currency with labour, nice myth. The ReichsMark was backed with Gold.


You get an equal amount of money as someone who works for the same amount of time, even if you're less productive. Therefore working hard is disincentive. The commies tried this shit, it didn't fly so good.

Akshually… you're wrong. Transactions between the Federal Reserve Banking System and foreign entities are not subject to the GAO. This is exactly why Trump has been threatening to audit them.

A gold standard doesn't benefit anyone who doesn't own gold. Who owns huge stockpiles of gold? Jewish central and private banks. Fiat simply means "let it be so". Iron disks, holly sticks, gold, silver, copper, salt, paper/polymer sheets – all of them can be "fiat" money because it is what the government authority accepts as payment for taxes.

i know something from the general sherman playbook that we could use for this. push them all the way into the panama canal

Source? Can't find anything on this subject besides commie disinformation.
How is this an issue of labor backed currency? Labor backed currency doesn't mean you can't get a raise, be fired, demoted, or promoted. The comparison to communism is completely wrong.

I made some fanfiction

The gold they didn't have?

The core problem for the idea of a labor backed currency for many in this thread is very obvious when you consider what jews have lots of: outstanding loans they'd like to go bust so they can collect collateral, precious metals and other speculative commodities they hawk to the goyim as "stores of value", outlets for vice that prey upon disenfranchised poor people.

Now what don't jews have a lot of: labor and capacity for labor.

duplicate debt ceiling thread

Read Feder before spewing non-sence. Usury is banned under national socialism.

Nobody said it wasn't. What's that got to do with kikes resisting labor currency because they don't have any labor?

Interesting that the thread got anchored. Any mods want to pop in and explain why?

If you get equal reward for in-equal productivity that is communism. Commies lost jobs and had promotions too you know.

en.wikipedia.org/wiki/From_each_according_to_his_ability,_to_each_according_to_his_needs

There is an implicit understanding that you get paid no matter what effort you put it. Slowly people catch on and reduce their effort little by little as all others do the same. Eventually the system dies.

en.wikipedia.org/wiki/Reichsbank

Germany went from using a paper currency (PapierMark) to a real estate backer currency (RentenMark) to the Gold backed Reichsmark in 1924 until 1948. The Rentenmark's stabilization allowed the accumulation of Gold. There was more than enough Gold available from the Jews once Hitler got into power in 1933.

Are you arguing that we can't have labor backed currency because kikes hate it? Wew. Your previous sentence had nothing to do with kikes resisting it, you said that a labor backed currency is problematic for people here. You can simply enforce it with power and tell the kikes to shove their loans and useless old money where the sun doesn't shine, as long as you live in a nation with enough armament to defend against the Jew's eventual schmoozing of another nation..

hahahahahahaha
HAHAHAHAHAHAHAH
HAHAHAHAHAHAHAHA

There's a similar thread already up:

mods are still fags

Right. i.e. the people in the thread who are arguing AGAINST it [read: Project Alamo jews who are goyposting]. Maybe the problem was on my end with the way I worded it, but I don't think so. I think the problem is on your end with comprehension. I'm not against a labor-backed currency.

At least it's only China. The kikes won't get much more foreign support since their cover has been blown.

I don't know but every time throughout history when it came between choosing between white people and being selfish good goys that chose the ladder.