Message from @Grenade123

Discord ID: 543974228811186176


2019-02-10 01:42:28 UTC  

but given the USD's special privilege we certainly have more flexibility then other central banks

2019-02-10 01:42:41 UTC  

that Is why I say it may be possible

2019-02-10 01:46:26 UTC  

Economic policies i cant answer but I can say that 4th gen warfare does what new warfare methods always do: upset the status quo

2019-02-10 01:47:12 UTC  

This combined with the shift toward a multi polar world means that the world is barreling towards a new generation of conflicts

2019-02-10 01:47:16 UTC  

http://data.imf.org/regular.aspx?key=41175 the US is not so strong a reserve currency as it used to be.

2019-02-10 01:47:41 UTC  

Sporadic proxy wars fought on the cold wars killing fields and on the streets of every first world nation

2019-02-10 01:48:28 UTC  

Best case scenario it stops there

2019-02-10 01:48:41 UTC  

Worst case the nations fracture and the major powers switch over to autonomous armies

2019-02-10 01:48:53 UTC  

I recommend Samuel Huntingtons book Clash of civilizations

2019-02-10 01:53:43 UTC  

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.

2019-02-10 01:54:48 UTC  

---
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...

2019-02-10 01:55:48 UTC  

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.

2019-02-10 01:56:39 UTC  

valid points

2019-02-10 01:57:03 UTC  

Just to be sure, when you use the term โ€œprint moneyโ€ 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

2019-02-10 01:57:12 UTC  

yes

2019-02-10 01:57:23 UTC  

Gotcha

2019-02-10 01:57:37 UTC  

The culture war has been a long time coming

2019-02-10 01:58:26 UTC  

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

2019-02-10 01:59:09 UTC  

Depends if people notice.

2019-02-10 01:59:20 UTC  

And how far it escalates. The idea is to slice people off slowly.

2019-02-10 01:59:22 UTC  

Also depends if he can easily switch banks

2019-02-10 01:59:34 UTC  

For now, atleast.

2019-02-10 01:59:37 UTC  

No one will notice and no one will care

2019-02-10 01:59:51 UTC  

Who gives a shit if one asshole got his bank account close, did you hear what trump did this week?

2019-02-10 02:00:07 UTC  

These celebrities are getting married and these ones are fighting

2019-02-10 02:00:35 UTC  

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

2019-02-10 02:00:57 UTC  

How long do you think it will be before that new bank folds to the same pressure as the last?

2019-02-10 02:01:02 UTC  

It is also possible that the bank had no choice, and it was an underlying credit network applying pressure

2019-02-10 02:01:21 UTC  

If that is the case then he effectively no longer has an account

2019-02-10 02:01:34 UTC  

the same pressure will be applied to whatever bank he opens an account at

2019-02-10 02:01:41 UTC  

It all depends on who pressured them and why.

2019-02-10 02:02:32 UTC  

Assuming it wasn't him mismanaging an account

2019-02-10 02:03:05 UTC  

the free market of ideas is essential! and taking away someone's source of income is horrible imo

2019-02-10 02:03:24 UTC  

were not talking about their source of income

2019-02-10 02:03:30 UTC  

were talking about his savings and checking account

2019-02-10 02:03:45 UTC  

Gundealers and manufacturers have been removed from the a good portion of the banking system for about a year now. So far they've fallen back on local credit unions and the kinds of banks that used to loan to the porn industry.

2019-02-10 02:04:22 UTC  

oh wow, that is dirty

2019-02-10 02:05:30 UTC  

tbh, most people should fall back to local credit unions

2019-02-10 02:05:39 UTC  

I actually think it's probably internal pressure. And if anything, that's far more important than external. Suppose you were at the meeting where they were discussing banning this guy. There's an open ANTIFA member with some power in the bank organization who's claiming this guy is a white nationalist and anyone who defends him is a crypt-fascist.

Would you say anything? People on the right are always telling each other to "keep your head down" and "it'll work out and the pendulum will swing back so don't worry about it"

2019-02-10 02:05:45 UTC  

And more and more people get un-personed.

2019-02-10 02:05:49 UTC  

I need to settle down in a few years and I'm certainly looking at them