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/biz/ - Business & Finance


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24982409 No.24982409 [Reply] [Original]

“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.”

-Henry Ford

How is it that in year 2020 where everyone has free and easy access to information people still dont know how rigged and stacked against them is modern banking system.

>> No.24982450

>>24982409
Bread and circus

>> No.24982461

>>24982409
Because there is a hypnotic trance the kikes uses on the mass populace (and it's effective on ALL normalfags, regardless of politic)

"that's how things have always been" <- people instantly shrug and stop thinking about it, more powerful than any weapon

>> No.24982527

I'm trying to tell my friends and family but its so hard because I don't know if they would want to know the truth. The very fact that you are on this site proves that you're okay with jarring and conflicted views but the majority of the people would rather choose to believe the world view "everything is fine" rather than accept some uncomfortable truths. Has anyone been successful with telling people? How did you do it?

>> No.24982546

>>24982409
Things haven't gotten bad enough yet.

>> No.24982985

>>24982409
>>24982450
>>24982461
>>24982527
>>24982546

That quote is a midwit meme. There is absolutely NOTHING wrong with:

>1) Taking up loans.
>2) Inflation.
>3) Fiat currency
>4) The federal reserve
>5) International monetary organizations

They all exist in their current state largely for non-nefarious purposes. The average retard can't even understand how representative democracy or separation of powers works, so obviously they are not gonna understand how long-term economic policy works, which is inherently quantitative and abstract.

The only people who get mad about banking are lolberts and commies, so gtfo

>> No.24983036

>>24982985
This, biz likes to hate on the ones who are smart at the game, while the average bizlet understands the game they still don’t take advantage, that takes work and risk

>> No.24983064
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24983064

>>24982409
>pic related

>> No.24983091

>>24982409
Henry Ford was as delusional as you are

>> No.24983112

>>24982985
>There is absolutely NOTHING wrong with:
>an infinitely inflationary dollar
>acting as the reserve currency of the entire world
>such that global financial ruin is in the hands of a few unelected officials at a para-governmental authority
>which we already witnessed just a few years ago when a few strippers in florida forgot to pay their mortgage bills and accidentally sent the planet into a decade-long recession
jewish hands typed this post and i’m part kikeblood myself

>> No.24983117

>>24982527
You're doing it wrong. If someone comes uo to you, and has a genuine desire to learn and understand, you give them the thing that's right in front of them. And if they reach for it, and ask for seconds , you do it again. Don't unplug them off the Matrix without their consent, anon, most minds aren't ready to be free

>> No.24983125

>>24982409
Money works on several layers of abstraction, and most people don't understand it well enough to realize all the ways they're being taken advantage of. It's also not as simple as pointing the finger at one group of people, but people largely prefer explanations where there's a face to the cause of all their problems.

>> No.24983233

>>24982985

Nice job. keep licking boots glow fag.

>> No.24983292

>>24983112
>infinitely inflationary dollar
Thats just inflation. If you have 0.0000001% inflation and you let it run for eternity you'll have infinite inflation. Its literally a non-issue.

>acting as reserve currency of the world
This is a good thing. America want to have economic leverage over other countries. Literally every country would do the same in the US's position.

>such that the global financial system is run by a few unelected officials at a para government authority
the head of the federal reserve is appointed by the president, and the head elects the officials below :) its just as democratic as the millitary is, or the supreme court is, or literally any government institution.

>which we already witnessed just a few years ago when a few strippers in floride forgot to pay their mortgage bills and accidentally sent the planet into a decade long recession
There are economic swings and depressions etc. Theres literally always been. The difference is that the world is a lot more interconnected now, so the depressions in one country affect others. This has very little to do with fiat currency though.

>>24983233
Maybe if you learnt how the current financial system worked you wouldn't have to lick boots, maggot

>> No.24983352
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24983352

>>24982985

>> No.24983402

>>24983125
Don't you think "several layers of abstraction" and all the obfuscation employed might possible be a scheme formed specifically for the purpose of obscuring just how simple things really are? What if all the veils were torn away? What would we see? Is it really as complex and difficult to understand as you make it out to be?

>>24983292
Inflation is money printing and someone is spending the money. A source of free money will never be wasted. The federal reserve is a private bank. Economic swings and depressions don't just happen. They *haven't* literally always been around. If the world is more interconnected now, there should be much fewer depressions than before because one country can support another, in addition, the US should *never* have a depression or recession because it runs the reserve currency, and (according to you) exploits the economic power of other countries for its own benefit. Doesn't seem like that's happening to me though.

>> No.24983410

> How is it that in year 2020 where everyone has free and easy access to information people still dont know how rigged and stacked against them is modern banking system.
I'd argue that more people know now more than ever, they just can't do anything about it because the people with capital to protect also have the political/social/cultural means of protecting themselves. Let's say 100k people rise up and violently attack the parts of the government that the banking sector relies on (the FED, regulators, etc), how would that meaningfully change anything with the banking system? It's a labyrinthine maze of rules and regulations, if anything incapacitating the government institutions will just enable banks further. Okay, so what if you violently destroy the banks themselves? Cool, so the heads of those banks just fly off to another country with their millions in offshore assets while the millions of Americans who actually use those banks lose everything.

What would revolution actually solve?

>> No.24983413

>>24982409
Because learning about banking systems is BOOOORRRIIIINNGGGG I just wanna watch my spoon-fed Netflix propaganda

>> No.24983424

>>24983125
>it's also not as simple as pointing the finger

well pretty sure theres one (((group))) more responsible than others

>> No.24983427
File: 80 KB, 470x713, 2BF4FD8D-B9ED-4CA9-BCCE-A36B962C0D62.jpg [View same] [iqdb] [saucenao] [google]
24983427

>>24982527

>> No.24983431

>>24982409
Hie

>> No.24983871

>>24983402
Of course the money is spent, what is your point? The federal reserve isnt a private bank, its literally run by the US government. You're just repeating lolbert memes because you are stupid