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ยป Why do you need a central Bank
  1. Results 1 to 7 of 7
post 1697208423 01-30-2024, 08:08 PM
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  1. alain
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Why do you need a central Bank

Srs question for those smarter than me.

Why do we need a central bank to determine interest rates?
Has there ever been a time in history when a society or economy operated without a bank.

Is it possible to operate a globalhomo economy without a central bank
post 1697210683 01-30-2024, 08:52 PM
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  1. GreatOldOne
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The fed and Nacha do the ach system, which is very important and gets your direct deposit and checks resolved...just one of many things everyone is happy the fed does even though they have no idea how it works.
post 1697210703 01-30-2024, 08:52 PM
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  1. Tears
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post 1697211073 01-30-2024, 09:02 PM
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  1. frankdtank20
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Abbreviated version: They're a huge credit card with money created out of thin air, to tap when governments want to overspend every week, and bail out those who help keep them in office. Most of the US's history was without a central bank. In the West their primary job is to create endless inflation, trying to keep it at a relatively stable rate. But without a central bank we'd probably have no credit cards, or at least no one without a large stash would be able to have one.
Yeah Buddyyy! Light weight! Light weight baby!!!!
post 1697212353 01-30-2024, 09:41 PM
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  1. Islandboyo
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Originally Posted By alain
Srs question for those smarter than me.

Why do we need a central bank to determine interest rates?
Has there ever been a time in history when a society or economy operated without a bank.

Is it possible to operate a globalhomo economy without a central bank
There has been many times when societies operated without leaving its currency in the hand of private banks. Don't let these cucks fool you into thinking that the central banking system is normal.

We don't need a central banking system, but the jews do. Nazi Germany got rid of their central bank, which is why the jews hated them.

Central Banks = interest and inflation

countries without a central bank would be free from having to pay interest to jew bankers, which inflates the prices of everything. Unfortunately, the jews will not allow a modern country to get rid of this system today, and they're willing to send America to war in order to ensure everyone stays in line. The jews for thousands of years have weaseled their way into societies by providing financing to kings/governments. The central banking system is an extension of that in our modern day world. (Rothschild)
post 1697240473 01-31-2024, 01:49 PM
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  1. gachase21
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Personally, I'm not a big fan of duck hunting- but I do understand why some people like it.
post 1697244063 01-31-2024, 03:03 PM
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#7
  1. jamalfudge
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Well for one, there is no money until you provide your signature. And even then, it's only a "promise to pay." Backed by nothing, etc.
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