Only GOD should be able to create something from nothing

not banks

And this is true in An__CAP__, too.

@SageTheory a bigger richer company could do that but then more competition would arise

lol

and once derivatives were allowed, it became possible to PROFIT from the COLLAPSE/FAILURE of a company

And be absorbed by said monopoly.

that is the opposite of capitalism

it's exploitation, plain and simple

Which, again, we've seen repeatedly and is why anti-trust laws are needed.

They exist they need to be enforced

but anti-trusst laws won't help competitiion

they will only penalize monopolies

@SageTheory and despite the anti monopoly laws monopolies still formed and continue to form today

not always the same

They try to make the playing field more even, though.

yeah so did affirmative action

lol

we see how that works

Once again a select few and I'm not saying it's not a problem

Affirmative Action is equal outcome.

@Laucivol exactly, it's not real capitalism once fiat is introduced

well the problem is now, with the FED, it is more profitable to simply move money around than to actually PRODUCE, or SAVE/INVEST

First step is some how ween off of fiat.

How? Fuck. Wish I knew.

that only concentrates the wealth with those that HAVE money to move

not after 2008

quantative easing is through the roof

hence the trade war

I think that's where we agree as a whole.. fiat currency is diabolical .

but there IS a legitamate argument for it; liquidity

Can't work towards either ideal in this weather.

there has to be enough of it for everyone to be able to participate in the system

I'm saying ancaps would make it worse but all you want to tell me is that people are benevolent and would never do that because.... I dunno.... Competition for monopolies to destroy?

and the more the population grows, the more deflation a non-fiat would see

ancaps wouldn't be able to seperate security from trade

To be clear I leverage towards mixed. Monopolies are bad. AnCap has no system to prevent that.

and thus those with the guns would just TAKE rather than trade

Of course I'm also a fan of more decentralized control.

current govs seperate those who apply force from the incentive to imply force

Stronger local govt's is good because reactions are a local matter.