Message from @Trancezustand
Discord ID: 543973543080361986
would be interested to see that video if he ever summarizes his opinions
UN, ISO, WTO, SCO, NATO, Trade blocs and other intergovernmental agreements; International central banking financial institutions like the BIS and the FSB and their roles in global economic policies. 4GW 4th gen warfare and the pros and cons of tech warfare and the current proxy wars. SLOC sea lines of communication and containerization seaport trade. Multipolar world debates, his opinions on meetings like Davos and the G20. Intelligence organization groups like 5 eyes and what should intelligence agencies role be in todays information age. Multinational corporations and their regulation, Global black markets, Internet regulation, World Nuclear policies, Private Military Companies, Global resource management systems, UN security Council reform. International mining contentions and globalization in general. Washington vs Beijing consensus, that kinda shit. Just his overall current state of the world and his opinions on the GFS.
Ok I see people saying that USA could just print money to pay for the green new deal, how is that bad?
Good Question, one that would require a crystal ball to answer
The USA has the USD, the largest world reserve currency atm, you could potentially print trillions of new money and pay for large scale infrastructure projects that are introduced in the Green New Deal... but international commodity markets are more fragile then you would expect, and pumping that kind of new money in may ripple out causing major problems.
1 word: hyper-inflation
can the worlds largest reserve currency really hyper inflate though? I'm not so sure, it may be possible
Yes, the USD can hyper-inflate but before that it will loose it status as de facto reserve currency
but given the USD's special privilege we certainly have more flexibility then other central banks
that Is why I say it may be possible
Economic policies i cant answer but I can say that 4th gen warfare does what new warfare methods always do: upset the status quo
This combined with the shift toward a multi polar world means that the world is barreling towards a new generation of conflicts
http://data.imf.org/regular.aspx?key=41175 the US is not so strong a reserve currency as it used to be.
Sporadic proxy wars fought on the cold wars killing fields and on the streets of every first world nation
Best case scenario it stops there
Worst case the nations fracture and the major powers switch over to autonomous armies
I recommend Samuel Huntingtons book Clash of civilizations
Print enough of anything fast enough and anything can hyper-inflate--including physical reserve currencies. (Thought experiment, if the USD was gold-backed and then someone discovered a way to turn the oceans into gold for fractions of a penny, what would happen to the value of the USD).
Technically, we might not get hyperinflation, rather heavy rapid inflation that causes the KMT to replace the USD as the reserve currency and would bankrupt the US.
Now, you probably could make the argument that a rapid sudden increase in the US money supply would shatter the world banking system first and *someone* would take the excuse to wage a larger war.
Still, goes back the the original point. You can't just print a bunch of money without serious damaging consequences, so this "the fed runs the printing press and pays for the GND" isn't realistic.
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Actually, this opens a nice little conspiracy theory. Remember how Subscribestar somehow managed to get back into business? Subscribestar is Russian. And Russia doesn't want either side of the culture war wiped out...
You cannot print value. Money is just paper. Actually it's less than that, it's numbers in banking systems. Changing the amount of money doesn't change the underlining value. When you suddenly flood the market with money, people quickly buy the things they couldn't before, quickly making them rare, causing their price to rise until everything reaches the new medium so you can once again determine how much money equals x underlying value.
Just to be sure, when you use the term βprint moneyβ you do not limit it to physical paper money but also allow for expansive digital holdings by increased bond and T-bill listings on the exchanges? @pratel
yes
Gotcha
The culture war has been a long time coming
with the closing of a single conservative bank account all of them stand under the same threat I dont see anyway that this can end without bloodshed
Depends if people notice.
And how far it escalates. The idea is to slice people off slowly.
Also depends if he can easily switch banks
For now, atleast.
No one will notice and no one will care
Who gives a shit if one asshole got his bank account close, did you hear what trump did this week?
These celebrities are getting married and these ones are fighting
It's concerning one bank can do it, but if another bank accepts him in short order, and doesn't fold shortly there after, then it's a stink to raise with that bank
How long do you think it will be before that new bank folds to the same pressure as the last?
It is also possible that the bank had no choice, and it was an underlying credit network applying pressure
If that is the case then he effectively no longer has an account
the same pressure will be applied to whatever bank he opens an account at
It all depends on who pressured them and why.
Assuming it wasn't him mismanaging an account
the free market of ideas is essential! and taking away someone's source of income is horrible imo