1 year ago-4 points(+0/-0/-4Score on mirror)4 children
So no more debt financing? Everyone pays cash or cows for everything? Save for 40 years before buying property? Have you really thought this through?
Do you know how natsoc Germany did this? They put the gov in control of all debt issuance. If the gov wanted financing they decreed it, and the banks issued it. It was massively inflationary, and the only reason it didn't get reflected in the cost of imports is because they also decreed exchange rates. But that can only work as long as trading partners consent to it. Eventually a reckoning will come, though Germany's reckoning arrived due to their foreign policy before their economic reckoning could manifest.
1 year ago3 points(+0/-0/+3Score on mirror)1 child
> Everyone pays cash or cows for everything? Save for 40 years before buying property?
Are you here to be a bombastic tard, or argue in good faith? I'm heavily leaning towards the former. You're comment history isn't inspiring. It actually appears that you're a subtle obfuscation for the kike.
If you want to talk about MEFO bills, just say you want to talk about MEFO bills. And lets not start by nefariously trying to conflate those with civilian currency and personal finance, shall we?
Any country visionary enough to change the world for the better, will have to battle the worse they're leaving behind. This includes pan-continental jewry and usury.
1 year ago-1 points(+0/-0/-1Score on mirror)1 child
I don't know what a MEFO bill is. Never heard of it.
I just want to know what the ban usury folks expect to replace our current debt financing system with. I don't understand how you can have a system of credit if lenders are not allowed to earn any profit on their lending. And if there's not supposed to be any credit or borrowing, then how do massive capital developments occur? How do you build a billion dollar car factory without debt financing?
1 year ago2 points(+0/-0/+2Score on mirror)3 children
Loans are a flat rate. They do not fluctuate or compound with interest. Here are some crude examples:
If you borrow $15,000 to build a home, you owe that loan back plus a borrowers fee of $500.
If you borrow $100,000 to build a factory, you owe that loan back plus a borrowers fee of $2000.
There is none of this current *"30 year mortgage but actually 15 years of that is going to pay kike interest"* we have now. And the current system wouldn't even necessarily be a bad thing, but wages have remained stagnant for the last 3-4 decades.
It used to be the 30 year mortgage was for people in a pinch or young people just starting out with almost nothing. The point was to get rock bottom monthly mortgage payments on the front end, so you could stabilize later and refinance down to a 15 or 10 year loan. You can still do this, it's just harder and harder with every generation.
The 30 year monthly mortgage payments aren't rock bottom anymore to allow you to save. They're standard: What people can afford along with their families and other expenses without overspending.
The entire concept is absurd anyway. Imagine taking 1/3rd of your life to pay off a small family home on standard wages. That's not a country set up for the people living in it. That's a country subverted by kike banks, compounding interest and fractional reserve jewry.
1 year ago2 points(+0/-0/+2Score on mirror)1 child
The jewish central banks create money out of thin air as loans, and delete it when the loan is paid back. Usury is the charging of interest and keeping it on top of that, money that doesn't exist unless someone else takes out loans.
It's an endless cycle of debt slavery for everyone, creating money by taking out loans that can't be repaid because enough money doesn't exist.
Usury has nothing to do with private loans between individuals, its the bulk systematic creation of money through debt and charging interest on it.
A few come out on top, everyone else suffers, mathematically it's the only way.
meanwhile they keep us fighting with and blaming each other.
It's not just the central banks. All banks create money out of nothing and charge interest on it. Banking is state sanctioned fraud. But the economic impact of that system is manifestly present throughout our modern world. Our world would not exist at all if we had to spend 300 years building a skyscraper like medieval societies did with their cathedrals.
That's nonsense. It's just another elaborate pantomime they play to be in compliance with their religious rules while not actually obeying those rules. If you actually believe that a greedy kike is giving free money to other greedy kikes then you're as stupid as they think you are.
That's exactly what it is. Don't you know anything about them? That's what all those "talmud scholars" do. They figure out ways to fool their god. There's a million examples of it. Even the term "shabbos goy" is an example. A shabbos goy is a non-jew that can do all the things a jew is forbidden to do on the sabbath. So if the jew wants to change the TV channel on the sabbath, he can ask the shabbos (sabbath) goy to do it for him.
Don't you know that judaism is the study of how to find loopholes to get around their own religious rules? Do you actually imagine that kikes lend each other money for free?
Refute the hard, cold evidence that u/imisshitler has just provided. Don't dance about with sophistry or pedantic platitudes. Disprove what he linked or admit you're wrong.
Do you know how natsoc Germany did this? They put the gov in control of all debt issuance. If the gov wanted financing they decreed it, and the banks issued it. It was massively inflationary, and the only reason it didn't get reflected in the cost of imports is because they also decreed exchange rates. But that can only work as long as trading partners consent to it. Eventually a reckoning will come, though Germany's reckoning arrived due to their foreign policy before their economic reckoning could manifest.
Are you here to be a bombastic tard, or argue in good faith? I'm heavily leaning towards the former. You're comment history isn't inspiring. It actually appears that you're a subtle obfuscation for the kike.
If you want to talk about MEFO bills, just say you want to talk about MEFO bills. And lets not start by nefariously trying to conflate those with civilian currency and personal finance, shall we?
Any country visionary enough to change the world for the better, will have to battle the worse they're leaving behind. This includes pan-continental jewry and usury.
I just want to know what the ban usury folks expect to replace our current debt financing system with. I don't understand how you can have a system of credit if lenders are not allowed to earn any profit on their lending. And if there's not supposed to be any credit or borrowing, then how do massive capital developments occur? How do you build a billion dollar car factory without debt financing?
If you borrow $15,000 to build a home, you owe that loan back plus a borrowers fee of $500.
If you borrow $100,000 to build a factory, you owe that loan back plus a borrowers fee of $2000.
There is none of this current *"30 year mortgage but actually 15 years of that is going to pay kike interest"* we have now. And the current system wouldn't even necessarily be a bad thing, but wages have remained stagnant for the last 3-4 decades.
It used to be the 30 year mortgage was for people in a pinch or young people just starting out with almost nothing. The point was to get rock bottom monthly mortgage payments on the front end, so you could stabilize later and refinance down to a 15 or 10 year loan. You can still do this, it's just harder and harder with every generation.
The 30 year monthly mortgage payments aren't rock bottom anymore to allow you to save. They're standard: What people can afford along with their families and other expenses without overspending.
The entire concept is absurd anyway. Imagine taking 1/3rd of your life to pay off a small family home on standard wages. That's not a country set up for the people living in it. That's a country subverted by kike banks, compounding interest and fractional reserve jewry.
It's an endless cycle of debt slavery for everyone, creating money by taking out loans that can't be repaid because enough money doesn't exist.
Usury has nothing to do with private loans between individuals, its the bulk systematic creation of money through debt and charging interest on it.
A few come out on top, everyone else suffers, mathematically it's the only way.
meanwhile they keep us fighting with and blaming each other.
Yes, the jew creates fake institutions so they can pretend to give interest free loans to each other to fool a book they themselves wrote...
You know, others coming along might think this is retarded bullshit. But not me. I really believe you.
Otherwise you're a kike shill.
https://www.youtube.com/watch?v=mII9NZ8MMVM