Message from @Mr. Nessel

Discord ID: 680905291772330100


2020-02-22 22:29:26 UTC  

I thought it was the federal reserve

2020-02-22 22:29:30 UTC  

They deposit only a tiny percentage of your money

2020-02-22 22:29:35 UTC  

And loan out more

2020-02-22 22:29:45 UTC  

Yea

2020-02-22 22:30:07 UTC  

That's fractional reserve banking then

2020-02-22 22:30:21 UTC  

Central banks lend to private banks

2020-02-22 22:30:35 UTC  

They're separate from governments

2020-02-22 22:31:04 UTC  

Trump can't tell the Federal reserve to print more to pay for soemthign for example

2020-02-22 22:31:22 UTC  

Central banks try to keep inflation at around 2%

2020-02-22 22:31:33 UTC  

By lending money to private banks

2020-02-22 22:31:47 UTC  

It's honestly a nonsensical system

2020-02-22 22:32:03 UTC  

But bankers love it

2020-02-22 22:32:29 UTC  

`/\>,`

2020-02-22 22:32:37 UTC  

Fractional reserve banking doesn't technically require central banks though

2020-02-22 22:32:52 UTC  

It's just two cancers

2020-02-22 22:33:33 UTC  

Just end banking

2020-02-22 22:33:54 UTC  

Banking has some utility

2020-02-22 22:34:04 UTC  

But lending out other people's money has to stop

2020-02-22 22:34:06 UTC  

End the economy

2020-02-22 22:34:15 UTC  

anyway good night

2020-02-22 22:34:32 UTC  

Safekeeping money and using profits to lend to nonrisky opportunities is ok

2020-02-22 22:34:42 UTC  

But the system right now is utterly fucked

2020-02-22 22:48:01 UTC  

@Skellington People should just respect Romans 1 lol

2020-02-22 22:49:28 UTC  

@Deleted Userromans 1 what

2020-02-22 23:22:01 UTC  

should i get this book

2020-02-22 23:22:02 UTC  

'

2020-02-22 23:22:04 UTC  

https://cdn.discordapp.com/attachments/672211350436708356/680917255743340564/1184142.png

2020-02-22 23:26:53 UTC  

@Skellington Romans 1 pranks fags hard

2020-02-22 23:30:19 UTC  
2020-02-22 23:30:48 UTC  

I would prefer reading out of a baook

2020-02-22 23:33:23 UTC  

I read the pdf

2020-02-22 23:33:25 UTC  

it wasn't that long

2020-02-22 23:33:58 UTC  

Post the pdf

2020-02-22 23:34:05 UTC  

I need a new book to read

2020-02-22 23:34:32 UTC  

Might as well read it since it's short

2020-02-22 23:36:07 UTC  

read a real book

2020-02-22 23:36:31 UTC  

the problem with fascism is that it's a 20th Century ideology that arose in response to 20th Century problems

2020-02-22 23:42:26 UTC  

It's actually a 19th century ideology though and actually more relevant now

2020-02-22 23:42:47 UTC  

Given liberalism has become even more garbage

2020-02-22 23:42:47 UTC  

Guess so. But you can still draw inspiration from previous eras

2020-02-22 23:42:59 UTC  

I mean isint that the point of being reactionary