Message from @Mr. Nessel
Discord ID: 680903115943575602
So corporations have become organisms
It's now managerial capitalism
And even those are jsut part of a wider parasitic system
But sure
Centered around banking etc.
It’s just the government that is dangerous
I don't like AAs take
remember when Pepsy had a navy
Keith woods talks about the managerial revolution alot on praise if follies channel alot
He hasn't learned the lesson that capitalism needs to be restricted
Wait not Keith woods
Managerial elites did not create this
I think it's Keith Preston
Keith Woods is a good channel
Not that Keith woods
Keith Preston is an anarchist
As far as I'm concerned nuke fractional reserve banking
Raise the minimum deposits required
Don't lend to private banks
Is fractional reserve banking private ?
Yes
it's currently done by private banks
Even libertarians hate it though
Banks can just expand the money supply willy nilly
Why would making banking state owned fix anything
cause the government secure $200,000 of your bank account in case a bank run happens
the banks said "bet"
They still have an incentive to inflate and print money
I'm not saying have all banking in state hands
I want the central banks aka the ones that print money in state hands
And I want the practice of fractional reserve banking gone
Are they not already ?
No
Not at all
Private banks print money?
No
I thought it was the federal reserve
They deposit only a tiny percentage of your money