Message from @Grenade123
Discord ID: 543974228811186176
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.
valid points
Just to be sure, when you use the term โprint 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
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.
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
were not talking about their source of income
were talking about his savings and checking account
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.
oh wow, that is dirty
tbh, most people should fall back to local credit unions
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"
And more and more people get un-personed.
I need to settle down in a few years and I'm certainly looking at them