Banking by Donald Trump & Gotham City

Nathan Kelly5 said:I don't quite follow. You're suggesting development should be funded through money printing rather than credit? Even if you increase the supply, the total value remains the same—you're just diluting the value of every dollar in circulation.

The banks are pulling a money expansion move right now. Why aren't we trying to stop them? Credit keeps climbing, and at the end of the day, the money supply is just credit.

The loss in currency value isn't really an issue because the influx is tiny—maybe 3.5 to 5% a year. Because of that, banks can keep expanding credit for years on end. It seems insignificant at first, but eventually, all that debt builds up and leads to endless crises.

Where does inflation actually come from? It's not from having too much money. It comes from greed and the inability to cover costs. Take a look at this article.

Even when prices drop, it doesn't mean manufacturers are finally covering their overhead; they're just trying to minimize the damage because there's a lack of liquidity in the system. I've written a bunch of pieces that push back against the usual economic clichés. Read them all. You'll see how much you've been misled.

You're talking nonsense. Inflation comes from pure greed... man, I guess you just don't get the concept. Obviously, inflation happens because of money printing and increasing the supply. If you have $33 and then you print another 100, of course every single bill is gonna lose 50% of its value. It’s not like they lose value just because someone is being greedy. Plus, where did I even mention an isolated country or a specific system? What you're saying right now is just empty rhetoric.

Maria Thomas48 said:The banks are pulling a money expansion move right now. Why aren't we trying to stop them? Credit keeps climbing, and at the end of the day, the money supply is just credit.

The loss in currency value isn't really an issue because the influx is tiny—maybe 3.5 to 5% a year. Because of that, banks can keep expanding credit for years on end. It seems insignificant at first, but eventually, all that debt builds up and leads to endless crises.

Where does inflation actually come from? It's not from having too much money. It comes from greed and the inability to cover costs. Take a look at this article.

Even when prices drop, it doesn't mean manufacturers are finally covering their overhead; they're just trying to minimize the damage because there's a lack of liquidity in the system. I've written a bunch of pieces that push back against the usual economic clichés. Read them all. You'll see how much you've been misled.

It looks like you've over-theorized all of macroeconomics just to make it fit your own theory. Obviously, a significant portion—if not the largest part—of inflation is psychological, but that’s unavoidable; it's inherent to inflation itself. After all, we didn't have long ago what you're describing: financing a deficit through money printing... back in the South, right? And look where that led us.

The issue isn't the government so much as it is the people. Around here, people have always spent more than they actually have... maybe even a little more than that. That's the root of the problem. As > points out, if you take out a $1,000 loan today and an $1,100 loan tomorrow, who is forcing you to do that? Either you're overspending, or you're simply not earning enough. Neither issue will be solved by credit or money printing.

Melissa Rivera5 said:So, what's the deal, guys? It feels like most of the credit flowing through the US just goes straight into credit card debt and loans for a bunch of nonsense—like buying one new car, or maybe two, that burn way more gas and cost way more than anyone actually needs. Honestly, it seems like people just buy them so the neighbor gets jealous. Who’s to blame here? I guess it's just the average person who can't pull themselves together when it comes to spending. Being smart isn't about begging for more loans or whining because the bank won't give you one; it’s more about figuring out how to land a better-paying job so you can actually afford the stuff you want.
Unfortunately, it seems like people in America today just want to live off the government and taxpayers, all while hiding behind this fake sense of morality and modesty. You know how it goes—everyone thinks if they act "moral" and "good," they should get a government paycheck, some kind of assistance, or subsidies. Meanwhile, those "greedy capitalists" who only care about money are the ones working in the private sector. I mean, who cares that the guy in the private sector has to work ten times harder just so his taxes can be stripped away to pay for some parasite funded by the state and the taxpayers? Everyone blames everyone else for everything except themselves. I hear all sorts of ideas, but never anything about how to build factories, power plants, or farm the land properly. No. We don't care about actual work; we just want to ride on someone else's back and call it being "virtuous," while calling anyone earning their own bread a "dirty capitalist." Dear American citizens, you basically get exactly what you deserve. Until you finally get off your lazy butts and start producing something, things aren't going to change. You reap what you sow. I just don't get how people expect to eat bread if they never even planted any wheat. Should Joseph Stalin or Adolf Hitler just magically make that bread appear? No... wait, I got it! That bread is going to be paid for by the government using taxes that keep getting hiked up.

The plan to fix the economy isn't about handing out more credit. It’s actually more like this:

1) Using Islamic banking as a model here in the US (and I'm saying this as an atheist, just so there's no confusion)
2) The Industrial Development Administration needs to urgently build factories for industry growth (timber, tech, maritime, etc.) and export
3) Farming every single acre of arable land in the US and exporting the goods
4) Building up tourism infrastructure to support year-round travel
5) Cutting down counties to a 4+1 structure and reducing municipalities significantly, then firing all the excess staff in such a slimmed-down system, along with massive layoffs in the public administration sectors
6) Opening up every single document to the public and having 100% transparency in everything every ministry does at all times (anything taxpayer money pays for shouldn't be a "trade secret")

Exactly. Interest rates in America have never hovered near zero, and they aren't about to start now. People just have broken intertemporal preferences—they couldn't care less if the rate is 7% or 8%.

Melissa Rivera5 said:So, what's the deal, guys? It feels like most of the credit flowing through the US just goes straight into credit card debt and loans for a bunch of nonsense—like buying one new car, or maybe two, that burn way more gas and cost way more than anyone actually needs. Honestly, it seems like people just buy them so the neighbor gets jealous. Who’s to blame here? I guess it's just the average person who can't pull themselves together when it comes to spending. Being smart isn't about begging for more loans or whining because the bank won't give you one; it’s more about figuring out how to land a better-paying job so you can actually afford the stuff you want.
Unfortunately, it seems like people in America today just want to live off the government and taxpayers, all while hiding behind this fake sense of morality and modesty. You know how it goes—everyone thinks if they act "moral" and "good," they should get a government paycheck, some kind of assistance, or subsidies. Meanwhile, those "greedy capitalists" who only care about money are the ones working in the private sector. I mean, who cares that the guy in the private sector has to work ten times harder just so his taxes can be stripped away to pay for some parasite funded by the state and the taxpayers? Everyone blames everyone else for everything except themselves. I hear all sorts of ideas, but never anything about how to build factories, power plants, or farm the land properly. No. We don't care about actual work; we just want to ride on someone else's back and call it being "virtuous," while calling anyone earning their own bread a "dirty capitalist." Dear American citizens, you basically get exactly what you deserve. Until you finally get off your lazy butts and start producing something, things aren't going to change. You reap what you sow. I just don't get how people expect to eat bread if they never even planted any wheat. Should Joseph Stalin or Adolf Hitler just magically make that bread appear? No... wait, I got it! That bread is going to be paid for by the government using taxes that keep getting hiked up.

The plan to fix the economy isn't about handing out more credit. It’s actually more like this:

1) Using Islamic banking as a model here in the US (and I'm saying this as an atheist, just so there's no confusion)
2) The Industrial Development Administration needs to urgently build factories for industry growth (timber, tech, maritime, etc.) and export
3) Farming every single acre of arable land in the US and exporting the goods
4) Building up tourism infrastructure to support year-round travel
5) Cutting down counties to a 4+1 structure and reducing municipalities significantly, then firing all the excess staff in such a slimmed-down system, along with massive layoffs in the public administration sectors
6) Opening up every single document to the public and having 100% transparency in everything every ministry does at all times (anything taxpayer money pays for shouldn't be a "trade secret")

Exactly. There’s no real tradeoff here between grinding and just dealing with the bullshit. If your cost of living spikes because of whatever, you fix it by working more, switching jobs, or picking up side hustles. Honestly, the side gigs aren't even that bad, even if they're off the books. Better to hustle under the radar than sit around the house starving.

Melissa Rivera5 said:So, what's the deal, guys? It feels like most of the credit flowing through the US just goes straight into credit card debt and loans for a bunch of nonsense—like buying one new car, or maybe two, that burn way more gas and cost way more than anyone actually needs. Honestly, it seems like people just buy them so the neighbor gets jealous. Who’s to blame here? I guess it's just the average person who can't pull themselves together when it comes to spending. Being smart isn't about begging for more loans or whining because the bank won't give you one; it’s more about figuring out how to land a better-paying job so you can actually afford the stuff you want.
Unfortunately, it seems like people in America today just want to live off the government and taxpayers, all while hiding behind this fake sense of morality and modesty. You know how it goes—everyone thinks if they act "moral" and "good," they should get a government paycheck, some kind of assistance, or subsidies. Meanwhile, those "greedy capitalists" who only care about money are the ones working in the private sector. I mean, who cares that the guy in the private sector has to work ten times harder just so his taxes can be stripped away to pay for some parasite funded by the state and the taxpayers? Everyone blames everyone else for everything except themselves. I hear all sorts of ideas, but never anything about how to build factories, power plants, or farm the land properly. No. We don't care about actual work; we just want to ride on someone else's back and call it being "virtuous," while calling anyone earning their own bread a "dirty capitalist." Dear American citizens, you basically get exactly what you deserve. Until you finally get off your lazy butts and start producing something, things aren't going to change. You reap what you sow. I just don't get how people expect to eat bread if they never even planted any wheat. Should Joseph Stalin or Adolf Hitler just magically make that bread appear? No... wait, I got it! That bread is going to be paid for by the government using taxes that keep getting hiked up.

The plan to fix the economy isn't about handing out more credit. It’s actually more like this:

1) Using Islamic banking as a model here in the US (and I'm saying this as an atheist, just so there's no confusion)
2) The Industrial Development Administration needs to urgently build factories for industry growth (timber, tech, maritime, etc.) and export
3) Farming every single acre of arable land in the US and exporting the goods
4) Building up tourism infrastructure to support year-round travel
5) Cutting down counties to a 4+1 structure and reducing municipalities significantly, then firing all the excess staff in such a slimmed-down system, along with massive layoffs in the public administration sectors
6) Opening up every single document to the public and having 100% transparency in everything every ministry does at all times (anything taxpayer money pays for shouldn't be a "trade secret")

Back to square one. The government failed at its most basic job: protecting property rights. Everything else falls apart after that.

Let me give you my take on this plan... 🙂

I don't know what to tell you. It's like watching a slow-motion train wreck where everyone's cheering for the crash. Just pure chaos. kaže:
Islamic banking as a model here in the States—and I’m saying this as an atheist, just so we’re clear.

Funny idea, but it’s never gonna fly in the States. Most banks here are owned by massive foreign conglomerates, and there's zero real competition in the sector. Toss in the high country risk, and you're just looking at sky-high interest rates. Let's just leave the banking sector alone—it's probably the only thing running efficiently around here.

Melissa Rivera5 said:So, what's the deal, guys? It feels like most of the credit flowing through the US just goes straight into credit card debt and loans for a bunch of nonsense—like buying one new car, or maybe two, that burn way more gas and cost way more than anyone actually needs. Honestly, it seems like people just buy them so the neighbor gets jealous. Who’s to blame here? I guess it's just the average person who can't pull themselves together when it comes to spending. Being smart isn't about begging for more loans or whining because the bank won't give you one; it’s more about figuring out how to land a better-paying job so you can actually afford the stuff you want.
Unfortunately, it seems like people in America today just want to live off the government and taxpayers, all while hiding behind this fake sense of morality and modesty. You know how it goes—everyone thinks if they act "moral" and "good," they should get a government paycheck, some kind of assistance, or subsidies. Meanwhile, those "greedy capitalists" who only care about money are the ones working in the private sector. I mean, who cares that the guy in the private sector has to work ten times harder just so his taxes can be stripped away to pay for some parasite funded by the state and the taxpayers? Everyone blames everyone else for everything except themselves. I hear all sorts of ideas, but never anything about how to build factories, power plants, or farm the land properly. No. We don't care about actual work; we just want to ride on someone else's back and call it being "virtuous," while calling anyone earning their own bread a "dirty capitalist." Dear American citizens, you basically get exactly what you deserve. Until you finally get off your lazy butts and start producing something, things aren't going to change. You reap what you sow. I just don't get how people expect to eat bread if they never even planted any wheat. Should Joseph Stalin or Adolf Hitler just magically make that bread appear? No... wait, I got it! That bread is going to be paid for by the government using taxes that keep getting hiked up.

The plan to fix the economy isn't about handing out more credit. It’s actually more like this:

1) Using Islamic banking as a model here in the US (and I'm saying this as an atheist, just so there's no confusion)
2) The Industrial Development Administration needs to urgently build factories for industry growth (timber, tech, maritime, etc.) and export
3) Farming every single acre of arable land in the US and exporting the goods
4) Building up tourism infrastructure to support year-round travel
5) Cutting down counties to a 4+1 structure and reducing municipalities significantly, then firing all the excess staff in such a slimmed-down system, along with massive layoffs in the public administration sectors
6) Opening up every single document to the public and having 100% transparency in everything every ministry does at all times (anything taxpayer money pays for shouldn't be a "trade secret")

The real question is what the US actually has the capabilities for. If you want to manufacture high-tech gear, you need capital, specialized know-how, and top-tier engineers... You have to figure out where our strengths lie first, then see what we can actually churn out efficiently.
Check this out... it’s totally unorthodox, but the guy makes sense - http://www.youtube.com/watch?v=GRp382ynu-Q

Melissa Rivera5 said:So, what's the deal, guys? It feels like most of the credit flowing through the US just goes straight into credit card debt and loans for a bunch of nonsense—like buying one new car, or maybe two, that burn way more gas and cost way more than anyone actually needs. Honestly, it seems like people just buy them so the neighbor gets jealous. Who’s to blame here? I guess it's just the average person who can't pull themselves together when it comes to spending. Being smart isn't about begging for more loans or whining because the bank won't give you one; it’s more about figuring out how to land a better-paying job so you can actually afford the stuff you want.
Unfortunately, it seems like people in America today just want to live off the government and taxpayers, all while hiding behind this fake sense of morality and modesty. You know how it goes—everyone thinks if they act "moral" and "good," they should get a government paycheck, some kind of assistance, or subsidies. Meanwhile, those "greedy capitalists" who only care about money are the ones working in the private sector. I mean, who cares that the guy in the private sector has to work ten times harder just so his taxes can be stripped away to pay for some parasite funded by the state and the taxpayers? Everyone blames everyone else for everything except themselves. I hear all sorts of ideas, but never anything about how to build factories, power plants, or farm the land properly. No. We don't care about actual work; we just want to ride on someone else's back and call it being "virtuous," while calling anyone earning their own bread a "dirty capitalist." Dear American citizens, you basically get exactly what you deserve. Until you finally get off your lazy butts and start producing something, things aren't going to change. You reap what you sow. I just don't get how people expect to eat bread if they never even planted any wheat. Should Joseph Stalin or Adolf Hitler just magically make that bread appear? No... wait, I got it! That bread is going to be paid for by the government using taxes that keep getting hiked up.

The plan to fix the economy isn't about handing out more credit. It’s actually more like this:

1) Using Islamic banking as a model here in the US (and I'm saying this as an atheist, just so there's no confusion)
2) The Industrial Development Administration needs to urgently build factories for industry growth (timber, tech, maritime, etc.) and export
3) Farming every single acre of arable land in the US and exporting the goods
4) Building up tourism infrastructure to support year-round travel
5) Cutting down counties to a 4+1 structure and reducing municipalities significantly, then firing all the excess staff in such a slimmed-down system, along with massive layoffs in the public administration sectors
6) Opening up every single document to the public and having 100% transparency in everything every ministry does at all times (anything taxpayer money pays for shouldn't be a "trade secret")

Again, what kind of markets are we talking about? Is there even a profit margin there? Do we even have the 🙂capabilities
?

Melissa Rivera5 said:So, what's the deal, guys? It feels like most of the credit flowing through the US just goes straight into credit card debt and loans for a bunch of nonsense—like buying one new car, or maybe two, that burn way more gas and cost way more than anyone actually needs. Honestly, it seems like people just buy them so the neighbor gets jealous. Who’s to blame here? I guess it's just the average person who can't pull themselves together when it comes to spending. Being smart isn't about begging for more loans or whining because the bank won't give you one; it’s more about figuring out how to land a better-paying job so you can actually afford the stuff you want.
Unfortunately, it seems like people in America today just want to live off the government and taxpayers, all while hiding behind this fake sense of morality and modesty. You know how it goes—everyone thinks if they act "moral" and "good," they should get a government paycheck, some kind of assistance, or subsidies. Meanwhile, those "greedy capitalists" who only care about money are the ones working in the private sector. I mean, who cares that the guy in the private sector has to work ten times harder just so his taxes can be stripped away to pay for some parasite funded by the state and the taxpayers? Everyone blames everyone else for everything except themselves. I hear all sorts of ideas, but never anything about how to build factories, power plants, or farm the land properly. No. We don't care about actual work; we just want to ride on someone else's back and call it being "virtuous," while calling anyone earning their own bread a "dirty capitalist." Dear American citizens, you basically get exactly what you deserve. Until you finally get off your lazy butts and start producing something, things aren't going to change. You reap what you sow. I just don't get how people expect to eat bread if they never even planted any wheat. Should Joseph Stalin or Adolf Hitler just magically make that bread appear? No... wait, I got it! That bread is going to be paid for by the government using taxes that keep getting hiked up.

The plan to fix the economy isn't about handing out more credit. It’s actually more like this:

1) Using Islamic banking as a model here in the US (and I'm saying this as an atheist, just so there's no confusion)
2) The Industrial Development Administration needs to urgently build factories for industry growth (timber, tech, maritime, etc.) and export
3) Farming every single acre of arable land in the US and exporting the goods
4) Building up tourism infrastructure to support year-round travel
5) Cutting down counties to a 4+1 structure and reducing municipalities significantly, then firing all the excess staff in such a slimmed-down system, along with massive layoffs in the public administration sectors
6) Opening up every single document to the public and having 100% transparency in everything every ministry does at all times (anything taxpayer money pays for shouldn't be a "trade secret")

America isn't going to become a developed powerhouse just off tourism. Name one global superpower that's also one of the most advanced nations on earth solely because they're good at hosting vacationers. 😉

Melissa Rivera5 said:So, what's the deal, guys? It feels like most of the credit flowing through the US just goes straight into credit card debt and loans for a bunch of nonsense—like buying one new car, or maybe two, that burn way more gas and cost way more than anyone actually needs. Honestly, it seems like people just buy them so the neighbor gets jealous. Who’s to blame here? I guess it's just the average person who can't pull themselves together when it comes to spending. Being smart isn't about begging for more loans or whining because the bank won't give you one; it’s more about figuring out how to land a better-paying job so you can actually afford the stuff you want.
Unfortunately, it seems like people in America today just want to live off the government and taxpayers, all while hiding behind this fake sense of morality and modesty. You know how it goes—everyone thinks if they act "moral" and "good," they should get a government paycheck, some kind of assistance, or subsidies. Meanwhile, those "greedy capitalists" who only care about money are the ones working in the private sector. I mean, who cares that the guy in the private sector has to work ten times harder just so his taxes can be stripped away to pay for some parasite funded by the state and the taxpayers? Everyone blames everyone else for everything except themselves. I hear all sorts of ideas, but never anything about how to build factories, power plants, or farm the land properly. No. We don't care about actual work; we just want to ride on someone else's back and call it being "virtuous," while calling anyone earning their own bread a "dirty capitalist." Dear American citizens, you basically get exactly what you deserve. Until you finally get off your lazy butts and start producing something, things aren't going to change. You reap what you sow. I just don't get how people expect to eat bread if they never even planted any wheat. Should Joseph Stalin or Adolf Hitler just magically make that bread appear? No... wait, I got it! That bread is going to be paid for by the government using taxes that keep getting hiked up.

The plan to fix the economy isn't about handing out more credit. It’s actually more like this:

1) Using Islamic banking as a model here in the US (and I'm saying this as an atheist, just so there's no confusion)
2) The Industrial Development Administration needs to urgently build factories for industry growth (timber, tech, maritime, etc.) and export
3) Farming every single acre of arable land in the US and exporting the goods
4) Building up tourism infrastructure to support year-round travel
5) Cutting down counties to a 4+1 structure and reducing municipalities significantly, then firing all the excess staff in such a slimmed-down system, along with massive layoffs in the public administration sectors
6) Opening up every single document to the public and having 100% transparency in everything every ministry does at all times (anything taxpayer money pays for shouldn't be a "trade secret")

Heh, yeah right. That's never happening. 🙂
Plenty of studies show the issue isn't that the government is too big, it's just incredibly inefficient. You can fire people all day, but nobody's promising the system will actually run better afterward.

I don't know what to tell you. It's like watching a slow-motion car crash on the I-95. Some people just love the chaos. kaže:
Full transparency. Every single document needs to be public. I want total visibility into what every government agency is doing at any given second. If taxpayers are footing the bill, there’s no such thing as a "business secret." Period.

This is a solid move. Think about it: make every contract under a certain threshold public knowledge. If someone else can provide that same service or product to the government at a lower price, they get the deal. Back when we were booming, working with the feds was the way to go. But during a recession? It turns into a total nightmare because the government becomes the biggest drain on liquidity in the country.

Look, I don't want to be just another critic, so here’s my two cents from an economist's perspective. This country doesn't just need economic reform—we need a total cultural overhaul. I don't necessarily agree with that columnist over at The Washington Post, but he hit the nail on the head when he mentioned that America needs some serious nation-building. We have to stop acting like vassals to outside powers. That doesn't mean we shouldn't be part of global institutions, but it means our leaders and individuals actually need to own their actions and face the music when they screw up.

Take those people who went all-in on Swiss franc loans... if they actually understood basic economics, they’d realize nobody is coming to save them from currency risk. Sure, the interest rates looked better, but that's only because the exchange rate was working against them. Interest rate parity exists for a reason. 🙂

Listen, I don't know if you guys caught that segment on 60 Minutes a few months back. They went out and asked people on the street what their interest rates were, and most of them—people who literally have massive mortgages—didn't have a clue. As long as the population stays uneducated and just doesn't give a damn, the status quo isn't going anywhere.

Nicole Gomez38 said:The whole point of non-credit money issuance is to balance debt against the money supply—if you don't have that balance, debt outpaces liquidity almost immediately (under the American monetary model 4 x)

Basically, any monetary system that relies solely on long-term credit rather than primary (non-credit) issuance is a fast track to total economic collapse; it just uses interest rates to bleed every bit of value dry. We see the evidence in real life every day—people just refuse to admit it.

The real killer is what I call "cumulative interest." Picture an American city with a million productive citizens. If everyone takes a one-year loan from $333 at a 10% interest rate, they’ll eventually have to pay back $367. After that year, they owe a combined $1.1 billion. The bank pockets $100 million, leaving everyone with $33 less than they started with. To bridge the gap, they take out a new loan, but this time it's for $367. By using $33 to cover the initial loss, they end up with $333 in debt. But now, the repayment requirement jumps to $403. Two years in, everyone is left with $70 less than their starting point. Meanwhile, the bank has raked in another $110 million, totaling $210 million in profit. As people take larger loans to stay afloat, the cycle repeats—you're drowning in deeper debt while your actual cash disappears.

To maintain the same level of purchasing power, we have to borrow more and more just to keep up. And what do the political elites do? Instead of fixing the broken monetary model, they push the country and its people into even deeper debt—essentially driving us toward modern-day debt slavery. Sadly, most folks won't realize how unsustainable this is until it's too late—until the day their accounts are frozen or the collectors come knocking. And honestly, some won't even realize it then.

Both the Republican Party and the Democratic Party claim that a monetary model where the Federal Reserve acts as an exchange bureau (with currency clauses) is fine, yet they also argue that long-term non-credit money issuance isn't sustainable. But those of you reading this can see the truth! Unfortunately, to see it clearly, you practically have to bang your head against a wall. The system will keep deceiving you until enough people hit that wall and realize the entire model is unsustainable—it's predatory, plain and simple.

The current American monetary system looks a lot like the Argentine system right before its crash...
http://zelenapolitika.wordpress.com/...veo-u-propast/

Is this some grand revelation about how the United States works? It seems simple to me: capital has a price and a required return, much like real estate. If you own a condo worth $300,000, you aren't going to rent it out for free; you're going to charge rent. Similarly, if you have $300,000 in cash, you aren't going to hand it over for nothing—you lend it at an interest rate. Just as property value stays relatively stable compared to the eroding value of currency due to inflation, the nominal return on capital naturally scales up.

brightlynx11 said:Exactly. Interest rates in America have never hovered near zero, and they aren't about to start now. People just have broken intertemporal preferences—they couldn't care less if the rate is 7% or 8%.

Exactly. There’s no real tradeoff here between grinding and just dealing with the bullshit. If your cost of living spikes because of whatever, you fix it by working more, switching jobs, or picking up side hustles. Honestly, the side gigs aren't even that bad, even if they're off the books. Better to hustle under the radar than sit around the house starving.

Back to square one. The government failed at its most basic job: protecting property rights. Everything else falls apart after that.

Let me give you my take on this plan... 🙂

I don't know what to tell you. It's like watching a slow-motion train wreck where everyone's cheering for the crash. Just pure chaos. kaže:
Islamic banking as a model here in the States—and I’m saying this as an atheist, just so we’re clear.

Funny idea, but it’s never gonna fly in the States. Most banks here are owned by massive foreign conglomerates, and there's zero real competition in the sector. Toss in the high country risk, and you're just looking at sky-high interest rates. Let's just leave the banking sector alone—it's probably the only thing running efficiently around here.

The real question is what the US actually has the capabilities for. If you want to manufacture high-tech gear, you need capital, specialized know-how, and top-tier engineers... You have to figure out where our strengths lie first, then see what we can actually churn out efficiently.
Check this out... it’s totally unorthodox, but the guy makes sense - http://www.youtube.com/watch?v=GRp382ynu-Q

Again, what kind of markets are we talking about? Is there even a profit margin there? Do we even have the 🙂capabilities
?

America isn't going to become a developed powerhouse just off tourism. Name one global superpower that's also one of the most advanced nations on earth solely because they're good at hosting vacationers. 😉

Heh, yeah right. That's never happening. 🙂
Plenty of studies show the issue isn't that the government is too big, it's just incredibly inefficient. You can fire people all day, but nobody's promising the system will actually run better afterward.

I don't know what to tell you. It's like watching a slow-motion car crash on the I-95. Some people just love the chaos. kaže:
Full transparency. Every single document needs to be public. I want total visibility into what every government agency is doing at any given second. If taxpayers are footing the bill, there’s no such thing as a "business secret." Period.

This is a solid move. Think about it: make every contract under a certain threshold public knowledge. If someone else can provide that same service or product to the government at a lower price, they get the deal. Back when we were booming, working with the feds was the way to go. But during a recession? It turns into a total nightmare because the government becomes the biggest drain on liquidity in the country.

Look, I don't want to be just another critic, so here’s my two cents from an economist's perspective. This country doesn't just need economic reform—we need a total cultural overhaul. I don't necessarily agree with that columnist over at The Washington Post, but he hit the nail on the head when he mentioned that America needs some serious nation-building. We have to stop acting like vassals to outside powers. That doesn't mean we shouldn't be part of global institutions, but it means our leaders and individuals actually need to own their actions and face the music when they screw up.

Take those people who went all-in on Swiss franc loans... if they actually understood basic economics, they’d realize nobody is coming to save them from currency risk. Sure, the interest rates looked better, but that's only because the exchange rate was working against them. Interest rate parity exists for a reason. 🙂

Listen, I don't know if you guys caught that segment on 60 Minutes a few months back. They went out and asked people on the street what their interest rates were, and most of them—people who literally have massive mortgages—didn't have a clue. As long as the population stays uneducated and just doesn't give a damn, the status quo isn't going anywhere.

I agree. There is a clear correlation between the quality of political decisions and the education level of the citizenry. It's hard to expect high-quality governance when the primary obsession of both the public and the politicians is nothing more than identity politics and old-school partisan bickering.

If we view education as a way out of this mess, things aren't looking entirely bleak. Access to higher education here in the States is actually quite high. While the trend elsewhere is toward increased competition between universities and rising private tuition, our college system remains largely accessible and affordable, and the quality is solid. So, really, the advice is simple: keep learning. It’s the only thing that truly pays off today. 🙂

Maria Thomas48 said:The whole system where import foreign exchange is sourced through credit, and then that money is multiplied through more loans/earnings and later used for imports and burning through that credit-based cash, creates a totally unrealistic picture of reality. Wasting unearned money happens every single time we buy more from overseas than we export.

I've been looking into Islamic banking and from what I can tell: it's the same crap in different packaging. I mean, who are we kidding? Bankers work for profit. Like everyone else. The difference is now they can just "simulate" the issuance of money.

I don't think you all quite grasp that it's impossible for everyone to be financially successful because the conditions simply aren't there. We can be hardworking, innovative, work 16 hours a day, or even if every single person works hard, we can't reach a point where everyone is paid fairly for their value if someone else in that circle manages to grab some sort of surplus for themselves.
That's what I wrote in my article "From problem to solution." We shouldn't turn a blind eye to this because it's happening and it's going to keep happening. Bankruptcy won't skip anyone. Not the government, not the banks, and none of the others. It's just a matter of time.

I've gotta know, is there actually anyone pulling the strings on how much money exists in the world? 🤷
So, (I'm guessing) because of what was quoted above, that's why there's so much hunger globally and so many people facing debt collectors here in the States?

Look, I'm a total amateur and monetary policy goes way over my head, but it seems like every single country is drowning in debt.
Sure, plenty of nations invested in manufacturing or something (like Ireland) or poured money into stuff meant to create new value, so (according to what they teach us in school) they should eventually pay those debts back.
But instead, it looks like every country is slowly sinking under the weight of it all...
Is it just that every nation has citizens who aren't taught any financial literacy and just spend like crazy?

Does that mean places like Germany, Spain, and Ireland are also being super reckless? (I mean, Greece and the US definitely have their issues)
It feels like the debt crisis everywhere started the moment people began piling up credit cards, right? (It really seems like that real estate bubble in Ireland was the culprit)

Btw, @Nostradamus, I suggest you take that question you didn't get an answer to from the Fed and run it through your local Congressman.
When you hit up a Minister or a Cabinet official like that, they actually HAVE to give you a response within 30 days.

coastalmarlin64 said:I've gotta know, is there actually anyone pulling the strings on how much money exists in the world? 🤷
So, (I'm guessing) because of what was quoted above, that's why there's so much hunger globally and so many people facing debt collectors here in the States?

Look, I'm a total amateur and monetary policy goes way over my head, but it seems like every single country is drowning in debt.
Sure, plenty of nations invested in manufacturing or something (like Ireland) or poured money into stuff meant to create new value, so (according to what they teach us in school) they should eventually pay those debts back.
But instead, it looks like every country is slowly sinking under the weight of it all...
Is it just that every nation has citizens who aren't taught any financial literacy and just spend like crazy?

Does that mean places like Germany, Spain, and Ireland are also being super reckless? (I mean, Greece and the US definitely have their issues)
It feels like the debt crisis everywhere started the moment people began piling up credit cards, right? (It really seems like that real estate bubble in Ireland was the culprit)

Btw, @Nostradamus, I suggest you take that question you didn't get an answer to from the Fed and run it through your local Congressman.
When you hit up a Minister or a Cabinet official like that, they actually HAVE to give you a response within 30 days.

The "PIGS" nations—Portugal, Ireland, Greece, and Spain—along with us, represent the group hit hardest by the crisis and crushed by debt. They tend to share that Mediterranean, laid-back, high-spending mindset. If it were purely about the population's attitude, why wouldn't we see countries like Sweden, Denmark, or Finland on this list?

Quote: red_shrike said:Most of the credit in America goes toward credit card debt and loans for total nonsense, like buying a new car (or two) that's way bigger and more expensive than anyone actually needs, just so the neighbor feels jealous.

The Whale;34454611]Exactly. Interest rates in the US have never been near zero, and they aren't going to be. People have totally messed up their time preferences, so they don't care if the rate is 7% or 8%.

Maybe take a look at some actual stats or financial reports? These platitudes have become go-to mantras, but they're easy to debunk.
1. The average age of personal (used to be called luxury) cars is still over 10 years—even the IRS treats them as depreciated junk, so you don't even pay tax on them.
2. Total consumer credit is about $3 trillion, and only about $200 billion of that is for auto loans.
The biggest chunk is mortgages (around $13 trillion), followed by personal loans that people use just to scrape by—same thing with credit card debt.

Quote: red_shrike said:Who’s really to blame? Just the individual who can't control their spending. Smart thinking isn't about fueling up on debt and complaining that the bank won't give you more; it's about finding a better-paying job so you can actually afford what you want.

Right. It seems like there's no trade-off here between being lazy and working. If your cost of living goes up for whatever reason, the logical move is to compensate by working more, switching jobs, or picking up side gigs. Side hustles aren't even that bad, even if it's part of the underground economy. Better to work under the table than sit at home starving.

Oh, brilliant!!! We should all just hustle more, even though the U.S. Census Bureau estimates the shadow economy makes up about 20% of our GDP, while some sources say it's over 30%.
(By the way, the US GDP is roughly $27 trillion.)
Anyway, if we stop doing side hustles, how do you think people will pay back loans that have ballooned by over 50% because of interest and exchange rates? For some, those payments eat almost their entire paycheck.
You guys are just rambling nonsense and feeding on clichés. People have already shown you the full picture of the predatory American banking system, where the annual cost of this banking setup eats up 5% of all assets.

Quote: red_shrike said:I hear all these ideas, except for any ideas on how to build factories, power plants, or farm the land. No. Americans don't care about labor; they just want to live off someone else's back and call it "moral," while calling anyone who actually earns their bread a "dirty capitalist."

Here we go again, back to a country that failed its most basic job—protecting property rights. Everything starts there, I guess.

Let me take a crack at this plan of yours... 🙂

If he actually had a job, he’d be busy creating new positions instead of just hanging out here criticizing everyone and everything. If you don't believe Americans are lazy, just look at the shadow economy data or the huge percentage of people who fled the country to take the toughest jobs abroad just to survive.

Quote: red_shrike said:1) Using Islamic banking as a model here in America (saying this as an atheist, just so there's no confusion)

Heh, interesting idea, but totally impossible in the US. Most banks are foreign-owned, and there's zero competition in the sector. Plus, you've got high country risk, which just means higher interest rates. Yeah, let's not touch the banking sector; I'm sure it's just peak efficiency over there...

That’s exactly the issue. Foreign banks bleed us dry with massive interest rates and all sorts of service fees. It leaves almost nothing left for people to spend, which kills the consumer activity that actually fills the treasury (since banking services aren't even taxed).

Quote: red_shrike said:2) Urgent construction of factories to develop industry (timber, tech, maritime, etc.) and exports

It’s a fair question: what does America actually have the capabilities for? If you want to manufacture high-tech gear, you need capital, know-how, engineers... You have to figure out what those capabilities are first, then see what can actually be produced efficiently.
Check this out... it's pretty heterodox, but the guy makes sense—http://www.youtube.com/watch?v=GRp382ynu-Q

And who exactly is supposed to build these factories? Since you guys are such geniuses, why don't you just borrow from our bankers, start your own businesses, and actually help fix this national mess?
Maybe a 10% interest rate (the kind used when big corporations refinance their debts) will suit you fine—I guess even the banks need to make a profit. Doesn't matter that European entrepreneurs get to borrow at much lower rates.

red_shrike said:3) Processing all arable land in America and exporting products

Again, which cultures? Which markets? Is it even profitable? Do we even have the capabilities for that?🙂

Quote: red_shrike said:4) Building tourist facilities for year-round tourism.

America isn't going to become a developed nation just off tourism. Give me one example of a global powerhouse that’s both a massive tourist destination and the most developed country on Earth based solely on that. 😉

There you go. This is what happens when you can't see the forest for the trees, because the most advanced nations actually *are* tourism giants. Take France, Italy, the US, Germany, England, Switzerland, Austria... they all pull in huge tourism revenue (in absolute terms), but because they’re so highly developed with so many other industries, the slice of the GDP coming from tourism is way smaller than what you'd see in an underdeveloped country.

Heh, won't happen. 🙂
There are plenty of studies showing the problem isn't that the government is too big, it's just inefficient. You can fire people all day, but nobody's promising me the rest will actually get better.

I guess I'll agree on one thing.

I don't want to sound like I'm just complaining, so here's my take as an economist—this country doesn't just need economic reform, it needs social reform. I don't necessarily agree with that guy from the Washington Times, but he made a good point about the need for nation-building, basically meaning we need to stop acting like vassals to higher authorities. It's not that America shouldn't be part of international coalitions, it's that the government and individuals need to actually own their actions and deal with the consequences of bad decisions.

For instance, regarding those who took out loans in Swiss francs... if they understood even a little bit of economics, they'd know nobody protects them from currency risk. Sure, interest rates were lower, but that was only because the exchange rate was weaker. Interest rate parity exists for a reason. 🙂

Look, I don't know if you guys saw that investigative report a few months back? They asked people on the street what an interest rate is, and most of them had no clue, despite having massive loans. As long as the population stays uneducated and indifferent, the status quo is staying right where it is.

Just more fluff. I was hoping for something smart or new for once.

p.s.

The groups taking out the most loans are actually the ones working in banks (especially loan officers and personal bankers), and you definitely can't call them uneducated or say they lack access to info.
Right behind them, the next group borrowing heavily are people in public institutions and state-run companies because they have transparent, relatively high, and stable salaries (teachers, healthcare workers, utility employees, etc.). And you can't really claim they belong to that uneducated crowd you mentioned—the ones who don't even know what an interest rate is.

Just some regular Joe working for a private firm or one of those big-shot corporate tycoons... half of them are probably taking under-the-table cash anyway since they're too broke to even dream about getting a loan.
😁

Melissa Rivera5 said:You're talking nonsense. Inflation comes from pure greed... man, I guess you just don't get the concept. Obviously, inflation happens because of money printing and increasing the supply. If you have $33 and then you print another 100, of course every single bill is gonna lose 50% of its value. It’s not like they lose value just because someone is being greedy. Plus, where did I even mention an isolated country or a specific system? What you're saying right now is just empty rhetoric.

Inflation comes from credit! Credit is a cost that can't be covered—since money is issued as even more debt. Raising prices is the only way out. I don't know why people struggle with such simple things.

For example, if you run a profitable business, when do you raise prices? Only when your costs go up or if you're just being greedy. It has absolutely nothing to do with how much money other people have. You can really see the indoctrination from twisted knowledge here.

Nathan Kelly5 said:The "PIGS" nations—Portugal, Ireland, Greece, and Spain—along with us, represent the group hit hardest by the crisis and crushed by debt. They tend to share that Mediterranean, laid-back, high-spending mindset. If it were purely about the population's attitude, why wouldn't we see countries like Sweden, Denmark, or Finland on this list?

Actually, Scandinavians carry incredibly high levels of household debt. But for them, it's just a constant state of being.


Sure, they deal with high taxes that eat into their income while funding basic services. Even so, if you look at household debt relative to GDP per capita, those countries are sitting on very high numbers too.

I don't know. It just seems like everything is moving so fast lately. One day you're looking at one thing, and the next, the whole landscape has shifted under your feet. It's hard to stay grounded when the ground keeps moving. I was thinking about it earlier, just staring at my screen, wondering if anyone else feels that constant sense of flux. It’s quiet, though. Just a lot of noise that doesn't actually mean anything. Anyway, just some thoughts. The user says:
It feels like you’ve basically re-engineered the entire field of macroeconomics just to make sure everything fits inside your own little theory. Look, I get it—there's definitely a psychological component to inflation, maybe even the biggest part of it, but you can't just ignore that. It's baked into the very nature of how inflation works. You can't escape it. It reminds me of what happened back in the day when we tried to fund deficits simply by printing more money... you remember how things went in America, right? And we all know exactly where that path leads.

It isn’t really about the government. It’s about the people. Around here, we have always spent more than we actually make—honestly, we usually spend even more than that. That is the core of the issue. Pernar talks about how you take out a $1,000 loan today, then an $1,100 loan tomorrow, and nobody is forcing you to do that. Either you're just overspending, for lack of a better word, or you aren't earning enough. But neither one of those problems gets solved by taking out loans to cover daily expenses, and it certainly doesn't get fixed by printing more money.

It’s not even really my own theory. It’s just the truth. Anyone could go out and find it if they actually looked.

Look, can we please just stop linking controlled money supply with this frantic, mindless printing? It’s not that complicated. Everyone knows exactly what the goal is here.

Make state money issuance exclusive if you want to actually boost the money supply.
We need to stop banks from being able to just inflate the money supply or pile up endless layers of debt whenever they feel like it.

Non-credit-based policy is basically a tool for national financial sovereignty. But like any kind of weapon—or any kind of power, really—if you handle it the wrong way, you’re going to cause some serious damage. You can't just possess a powerful weapon and expect it to be impossible to misuse. It's just how things work.

I’m saying it again because I know exactly why Marković's reform fell apart: the government's money supply was essentially fighting a losing battle against massive credit expansion from the banks. That was a deliberate move designed to systematically dismantle the American economy. You can't claim to be an expert on par with someone like Marković and somehow not realize the fallout of those actions. It’s nothing short of high treason. Honestly, Ante Marković should be facing trial for treason.

Next up in line was Škegro, one of those guys responsible for pegging the currency to credit lines. It turned out to be a disaster, basically ballooning the old America debt by fifteen times. Then you look at how they aligned the Federal Reserve's laws with the European Central Bank, and that just pushed America right down a path of ever-accelerating debt. When you're doubling the national debt every four or five years, you're looking at an annual growth rate of 15 to 19%. Honestly, I don't know of any business model that can actually pay that back. I really don't.

Regarding that point about Pernar, he actually just pulled that example straight from my own analysis. I can't really make sense of this. It looks like you just sent me a single word, "article," without any context or the actual content you want me to work on. If you have a specific piece of writing you need me to overhaul, just paste it here. I'll take that source text and rebuild it from the ground up—making sure everything sounds like it belongs in the States, swapping out all those foreign references for things like the Fed or major US corporations, and keeping the tone exactly how it needs to be. Just send over the text whenever you're ready.It just shows how keeping those banking profits on hand creates this massive debt pile and a huge cost down the road. It’s basically a recipe for a debt crisis.

Who exactly is forcing us into this debt cycle? It’s pretty simple. There's just no cash left. The government budget is bone dry, and since that’s the only way they can actually pull money together, they have to lean on credit. It’s how things work now. Taking out a loan today basically creates the capital needed to chase profits—you know, that growing pool of savings—because there isn't any other path available. Then tomorrow comes, and the only solution is to take out another loan, just an even bigger one this time. You can see the pattern clearly from the examples we're seeing.

Are we spending way too much? Are we living beyond our means? Yeah, probably. It’s because we’re running on credit. And credit is just a debt that hits you harder tomorrow. Without credit, there isn't any money. You can practically count on one hand the number of companies out there that actually operate using their own accumulated capital instead of borrowing.

Does anyone here actually have the skills to put something together? A closed system. That's how it works. Everything stays within its own loop. No outside influence, no external variables coming in to mess with the math. It just cycles on itself. Just a self-contained loop. Always has been. How would you even prove that living on exactly what you earn—no more, no less—is actually doable? I honestly can't wrap my head around it without someone injecting extra cash into the equation. There’s really only one scenario where you don't need to add money to make the math work, and that’s when absolutely nobody is making a profit. But that’s a situation none of us actually want to be in. If there's no profit, there's no savings, and the business just isn't growing.

Anyone who can actually prove there's a way out of this system where the total amount of money stays constant deserves a Nobel Prize. Honestly, if someone comes up with a solution that's actually viable and sustainable, I’ll officially admit my own idea was wrong.🙂. I'm just sitting here waiting for you Nobel laureates to show up!

Nathan Kelly5 said:The "PIGS" nations—Portugal, Ireland, Greece, and Spain—along with us, represent the group hit hardest by the crisis and crushed by debt. They tend to share that Mediterranean, laid-back, high-spending mindset. If it were purely about the population's attitude, why wouldn't we see countries like Sweden, Denmark, or Finland on this list?

It really comes down to the balance of payments. http://www.indexmundi.com/g/r.aspx?t=0&v=145&l=en. Look at Norway or Finland; they are strong exporters. There's a basic formula here:

Budget Deficit = Current Account Deficit + Financing Deficit (savings)

It's pretty clear that any country running a current account surplus has the capacity to trim its budget deficit. Basically, capital is flowing into those countries, which serves as a source of global profit from labor. But that isn't a real solution, just a band-aid. That incoming capital gets multiplied through the banking sector at lower interest rates, and you still end up with rising debt levels for businesses and households within the country. Once again, bank debt ends up exceeding the actual money in circulation. Even a tiny hiccup in exports can bring these economies to their knees almost instantly. And that's exactly why this crisis spread globally.

Okay, I guess some people here aren't quite catching my drift. Until we actually start building factories and working the land—you know, in areas where it makes sense based on the soil, the weather, our expertise, whatever—our economic situation isn't going to improve. Not even in theory. All this talk about how interest rates are too high to make anything worth it... I don't know, it just sounds like typical excuses from people waiting for some magic fix to happen out of nowhere. We really need to work harder and smarter, and maybe take out fewer loans. And when I say work harder, I mean doing things legally, paying the taxes and fees that are supposed to go in instead of everything being under the table.
Personally, I find it kind of hilarious how everyone always wants to trade with the government. I mean, that’s basically just trading with ourselves, right? Just moving money between taxpayers. We should be focusing on manufacturing and exports. As for tourism, yeah, that’s definitely a huge part of the income, and we shouldn't sleep on that either.
Just so there's no confusion, I am planning to start my own business and get into manufacturing myself, but I already know how people will react: they’ll probably label me some evil capitalist who's just stealing from "good, moral citizens" out of pure greed. At the same time, they'll wonder why I'm not just living off government checks and welfare. It was like that with, say, Anheuser-Busch. Or back when my parents bought land using money they Earned from a private company, people immediately jumped on them, claiming the Republican Party must have given it to them for free and asking who they think they are to deserve anything when others might deserve more. It never even crossed anyone's mind that they bought it with EARNED money. Look, guys, if you don't work, you won't Earn. There's no such thing as a free lunch, and there's definitely no economy without industry. All this whining about interest rates is just nonsense. Wake up, people! We need to start WORKING, not sitting around waiting for someone to hand us something on a silver platter.

Melissa Rivera5 said:Okay, I guess some people here aren't quite catching my drift. Until we actually start building factories and working the land—you know, in areas where it makes sense based on the soil, the weather, our expertise, whatever—our economic situation isn't going to improve. Not even in theory. All this talk about how interest rates are too high to make anything worth it... I don't know, it just sounds like typical excuses from people waiting for some magic fix to happen out of nowhere. We really need to work harder and smarter, and maybe take out fewer loans. And when I say work harder, I mean doing things legally, paying the taxes and fees that are supposed to go in instead of everything being under the table.
Personally, I find it kind of hilarious how everyone always wants to trade with the government. I mean, that’s basically just trading with ourselves, right? Just moving money between taxpayers. We should be focusing on manufacturing and exports. As for tourism, yeah, that’s definitely a huge part of the income, and we shouldn't sleep on that either.
Just so there's no confusion, I am planning to start my own business and get into manufacturing myself, but I already know how people will react: they’ll probably label me some evil capitalist who's just stealing from "good, moral citizens" out of pure greed. At the same time, they'll wonder why I'm not just living off government checks and welfare. It was like that with, say, Anheuser-Busch. Or back when my parents bought land using money they Earned from a private company, people immediately jumped on them, claiming the Republican Party must have given it to them for free and asking who they think they are to deserve anything when others might deserve more. It never even crossed anyone's mind that they bought it with EARNED money. Look, guys, if you don't work, you won't Earn. There's no such thing as a free lunch, and there's definitely no economy without industry. All this whining about interest rates is just nonsense. Wake up, people! We need to start WORKING, not sitting around waiting for someone to hand us something on a silver platter.

Looking at how things work right now, it’s pretty obvious. The only way to actually make money is through exporting goods or producing what we currently have to import.

But it would be foolish to ignore what other countries have done. Japan, Germany, Norway, and several other major exporters are all piling up debt too. Just look at Germany—they saw their debt jump by 26% in just 12 months. It all lines up with how money regulation works, I guess, but it also shows that this isn't a long-term fix.

We aren't talking about some temporary fix here; we are talking about a permanent solution. This isn't like the current programs being shoved in front of us that might fail any day. This isn't just a single step forward. It’s a transition into a whole new era where we aren't stuck in economic slavery or ruled by debt.

Maria Thomas48 said:

I don't know. It just seems like everything is moving so fast lately. One day you're looking at one thing, and the next, the whole landscape has shifted under your feet. It's hard to stay grounded when the ground keeps moving. I was thinking about it earlier, just staring at my screen, wondering if anyone else feels that constant sense of flux. It’s quiet, though. Just a lot of noise that doesn't actually mean anything. Anyway, just some thoughts. The user says:
It feels like you’ve basically re-engineered the entire field of macroeconomics just to make sure everything fits inside your own little theory. Look, I get it—there's definitely a psychological component to inflation, maybe even the biggest part of it, but you can't just ignore that. It's baked into the very nature of how inflation works. You can't escape it. It reminds me of what happened back in the day when we tried to fund deficits simply by printing more money... you remember how things went in America, right? And we all know exactly where that path leads.

It isn’t really about the government. It’s about the people. Around here, we have always spent more than we actually make—honestly, we usually spend even more than that. That is the core of the issue. Pernar talks about how you take out a $1,000 loan today, then an $1,100 loan tomorrow, and nobody is forcing you to do that. Either you're just overspending, for lack of a better word, or you aren't earning enough. But neither one of those problems gets solved by taking out loans to cover daily expenses, and it certainly doesn't get fixed by printing more money.

It’s not even really my own theory. It’s just the truth. Anyone could go out and find it if they actually looked.

Look, can we please just stop linking controlled money supply with this frantic, mindless printing? It’s not that complicated. Everyone knows exactly what the goal is here.

Make state money issuance exclusive if you want to actually boost the money supply.
We need to stop banks from being able to just inflate the money supply or pile up endless layers of debt whenever they feel like it.

Non-credit-based policy is basically a tool for national financial sovereignty. But like any kind of weapon—or any kind of power, really—if you handle it the wrong way, you’re going to cause some serious damage. You can't just possess a powerful weapon and expect it to be impossible to misuse. It's just how things work.

I’m saying it again because I know exactly why Marković's reform fell apart: the government's money supply was essentially fighting a losing battle against massive credit expansion from the banks. That was a deliberate move designed to systematically dismantle the American economy. You can't claim to be an expert on par with someone like Marković and somehow not realize the fallout of those actions. It’s nothing short of high treason. Honestly, Ante Marković should be facing trial for treason.

Next up in line was Škegro, one of those guys responsible for pegging the currency to credit lines. It turned out to be a disaster, basically ballooning the old America debt by fifteen times. Then you look at how they aligned the Federal Reserve's laws with the European Central Bank, and that just pushed America right down a path of ever-accelerating debt. When you're doubling the national debt every four or five years, you're looking at an annual growth rate of 15 to 19%. Honestly, I don't know of any business model that can actually pay that back. I really don't.

Regarding that point about Pernar, he actually just pulled that example straight from my own analysis. I can't really make sense of this. It looks like you just sent me a single word, "article," without any context or the actual content you want me to work on. If you have a specific piece of writing you need me to overhaul, just paste it here. I'll take that source text and rebuild it from the ground up—making sure everything sounds like it belongs in the States, swapping out all those foreign references for things like the Fed or major US corporations, and keeping the tone exactly how it needs to be. Just send over the text whenever you're ready.It just shows how keeping those banking profits on hand creates this massive debt pile and a huge cost down the road. It’s basically a recipe for a debt crisis.

Who exactly is forcing us into this debt cycle? It’s pretty simple. There's just no cash left. The government budget is bone dry, and since that’s the only way they can actually pull money together, they have to lean on credit. It’s how things work now. Taking out a loan today basically creates the capital needed to chase profits—you know, that growing pool of savings—because there isn't any other path available. Then tomorrow comes, and the only solution is to take out another loan, just an even bigger one this time. You can see the pattern clearly from the examples we're seeing.

Are we spending way too much? Are we living beyond our means? Yeah, probably. It’s because we’re running on credit. And credit is just a debt that hits you harder tomorrow. Without credit, there isn't any money. You can practically count on one hand the number of companies out there that actually operate using their own accumulated capital instead of borrowing.

Does anyone here actually have the skills to put something together? A closed system. That's how it works. Everything stays within its own loop. No outside influence, no external variables coming in to mess with the math. It just cycles on itself. Just a self-contained loop. Always has been. How would you even prove that living on exactly what you earn—no more, no less—is actually doable? I honestly can't wrap my head around it without someone injecting extra cash into the equation. There’s really only one scenario where you don't need to add money to make the math work, and that’s when absolutely nobody is making a profit. But that’s a situation none of us actually want to be in. If there's no profit, there's no savings, and the business just isn't growing.

Anyone who can actually prove there's a way out of this system where the total amount of money stays constant deserves a Nobel Prize. Honestly, if someone comes up with a solution that's actually viable and sustainable, I’ll officially admit my own idea was wrong.🙂. I'm just sitting here waiting for you Nobel laureates to show up!

Controlled money printing? Let’s be clear: today, money is printed with actual backing. What you’re advocating for is printing money without any reserves at all. I’m not sure you realize that if we just flooded the market with unbacked currency, the sudden surge in supply would trigger a rapid devaluation of the dollar. To put it simply: you can't just print money out of thin air. $33If you’re working with just ten bucks, the ratio shifts from 7 to 10. At that point, everything you're doing becomes essentially pointless. You're just fueling inflation, devaluing the currency, and destabilizing the economy all at once. It's basically just moving money from one empty pocket to another.

Stop banks from accumulating debt? Good grief. Let’s take that logic further: imagine we just amended the Constitution to abolish banking and all forms of borrowing entirely. There. No banks, no interest, no debt, no credit. Happy now?

Where exactly do you think the problem lies in America? It should be obvious that the issue stems from sluggish economic activity, low employment rates, bloated government spending, systemic inefficiency, and low productivity. A massive shadow economy combined with a GDP that can't keep pace with rising costs doesn't help. We have an oversupply of labor but a shortage of capital, skilled workers, and technology.

So, instead of spinning your wheels and moving nothing from one empty vessel to another, maybe use that extra free time to brainstorm actual ways to stimulate the economy, lower unemployment, boost productivity, or drive exports.

I honestly don't know how to respond to such nonsense. You've built this entire philosophy around the idea that printing unbacked money and stripping banks of their functionality will somehow fix things—a concept even a high schooler would recognize as nonsensical. Reading your posts feels like being lectured on something that isn't even true.

Nathan Kelly5 said:Controlled money printing? Let’s be clear: today, money is printed with actual backing. What you’re advocating for is printing money without any reserves at all. I’m not sure you realize that if we just flooded the market with unbacked currency, the sudden surge in supply would trigger a rapid devaluation of the dollar. To put it simply: you can't just print money out of thin air. $33If you’re working with just ten bucks, the ratio shifts from 7 to 10. At that point, everything you're doing becomes essentially pointless. You're just fueling inflation, devaluing the currency, and destabilizing the economy all at once. It's basically just moving money from one empty pocket to another.

Stop banks from accumulating debt? Good grief. Let’s take that logic further: imagine we just amended the Constitution to abolish banking and all forms of borrowing entirely. There. No banks, no interest, no debt, no credit. Happy now?

Where exactly do you think the problem lies in America? It should be obvious that the issue stems from sluggish economic activity, low employment rates, bloated government spending, systemic inefficiency, and low productivity. A massive shadow economy combined with a GDP that can't keep pace with rising costs doesn't help. We have an oversupply of labor but a shortage of capital, skilled workers, and technology.

So, instead of spinning your wheels and moving nothing from one empty vessel to another, maybe use that extra free time to brainstorm actual ways to stimulate the economy, lower unemployment, boost productivity, or drive exports.

I honestly don't know how to respond to such nonsense. You've built this entire philosophy around the idea that printing unbacked money and stripping banks of their functionality will somehow fix things—a concept even a high schooler would recognize as nonsensical. Reading your posts feels like being lectured on something that isn't even true.

Where did you find this info about money being printed in a controlled way today? Debt is what gets printed, not money. Credit is debt!

Preventing banks from accumulating debt altogether? That's absolute nonsense... let's try this: imagine for a second we abolish banks and borrowing through the Constitution. That's it. No banks, no interest, no debt, no borrowing. See?

Yeah, that's exactly what I did, and I concluded that something isn't right: http://sites.google.com/site/financi...zavni-proracun

There are no banks here, but there are obvious problems.

Where do you see the problem in America? It should be obvious that the issue lies in weak economic activity, low employment, massive government spending, inefficiency, lack of productivity, a huge shadow economy, and a small GDP that isn't enough to cover rising costs. Too much labor supply, too little capital, too few educated people, lacking technology, etc., etc.

So since you clearly have extra time on your hands, maybe spend it coming up with ideas to stimulate the economy, boost growth, reduce unemployment, increase productivity, exports, etc., etc., instead of just moving things from one empty hole to another..

The primary problem in America is money acting as debt. Money is the foundation of everything's development. Everything comes down to price and profitability. I used math to determine that work in America (if the trade balance were balanced and there were no credits) is simply not profitable. With a trade deficit, working becomes even less profitable globally, especially because our money is essentially debt.

A real stimulus for the economy is creating conditions where work is actually profitable. If we have global profitability in labor, then we have a reason to produce and work. It can't work the other way around! Would you take a job if someone told you: "Do it, and then we'll see if it ends up being profitable"? Probably not. I ran the numbers for the whole country and the result was: there is no profitability in labor. No kind of work has created capital accumulation. And if there is no global accumulation of capital, there is no way to pay off debts.😕

Export-heavy countries have capital accumulation from exports, but their internal banking systems produce even more debt for them. China has a major problem with inflation. Their move was to raise reserve requirements for banks. Specifically, reducing money multiplication. That is a rare move that shows which direction needs to be taken. Only they can do that because they have a surplus in trade.

Please, just take a second and actually read what I’ve put here. Just set aside all that nonsense about printing money for a moment. We aren't talking about handouts; we're talking about creating new value, and you can't have an increase in value without a corresponding increase in real money supply.

Also, it's strange how nobody seems to want to touch that article regarding the bleached state budget. What happened? Did everyone suddenly lose their voices? Is there some kind of cover-up? Because the full truth is being completely misinterpreted by the mainstream media.

Then there is this piece on the actual fallout from inflation:



Take a look at the image above. It’s pretty simple, really. Even someone who isn't paying attention should see that pumping out money through credit eventually leads to nothing but endless debt.

The UK recently realized they’ve racked up more debt than they actually have liquid cash in the country. This chart explains exactly why.

It’s interesting because I put this together over a year ago, and the timing where debt overtakes the money supply lines up perfectly with my prediction that we'd end up facing a situation just like modern-day Greece.

Melissa Rivera5 said:So, what's the deal, guys? It feels like most of the credit flowing through the US just goes straight into credit card debt and loans for a bunch of nonsense—like buying one new car, or maybe two, that burn way more gas and cost way more than anyone actually needs. Honestly, it seems like people just buy them so the neighbor gets jealous. Who’s to blame here? I guess it's just the average person who can't pull themselves together when it comes to spending. Being smart isn't about begging for more loans or whining because the bank won't give you one; it’s more about figuring out how to land a better-paying job so you can actually afford the stuff you want.
Unfortunately, it seems like people in America today just want to live off the government and taxpayers, all while hiding behind this fake sense of morality and modesty. You know how it goes—everyone thinks if they act "moral" and "good," they should get a government paycheck, some kind of assistance, or subsidies. Meanwhile, those "greedy capitalists" who only care about money are the ones working in the private sector. I mean, who cares that the guy in the private sector has to work ten times harder just so his taxes can be stripped away to pay for some parasite funded by the state and the taxpayers? Everyone blames everyone else for everything except themselves. I hear all sorts of ideas, but never anything about how to build factories, power plants, or farm the land properly. No. We don't care about actual work; we just want to ride on someone else's back and call it being "virtuous," while calling anyone earning their own bread a "dirty capitalist." Dear American citizens, you basically get exactly what you deserve. Until you finally get off your lazy butts and start producing something, things aren't going to change. You reap what you sow. I just don't get how people expect to eat bread if they never even planted any wheat. Should Joseph Stalin or Adolf Hitler just magically make that bread appear? No... wait, I got it! That bread is going to be paid for by the government using taxes that keep getting hiked up.

The plan to fix the economy isn't about handing out more credit. It’s actually more like this:

1) Using Islamic banking as a model here in the US (and I'm saying this as an atheist, just so there's no confusion)
2) The Industrial Development Administration needs to urgently build factories for industry growth (timber, tech, maritime, etc.) and export
3) Farming every single acre of arable land in the US and exporting the goods
4) Building up tourism infrastructure to support year-round travel
5) Cutting down counties to a 4+1 structure and reducing municipalities significantly, then firing all the excess staff in such a slimmed-down system, along with massive layoffs in the public administration sectors
6) Opening up every single document to the public and having 100% transparency in everything every ministry does at all times (anything taxpayer money pays for shouldn't be a "trade secret")

There isn't much difference between traditional banking and Islamic banking...

Douglas Reed3 said:There isn't much difference between traditional banking and Islamic banking...

I mean, it would probably make it way harder for people to just rack up all kinds of loans for stupid stuff, you know? Plus, banks wouldn't be operating on fractional reserves anymore. I guess that basically means inflation could potentially drop down to, like, under 0.5% in reality. Of course, since you'd have to work harder and fund projects without relying on credit—using actual cash you've saved or maybe earned working abroad—it would pretty much drive inflation down to almost nothing. It might even lower the risk of economic crashes and stop them from happening so often, I suppose.

Melissa Rivera5 said:I mean, it would probably make it way harder for people to just rack up all kinds of loans for stupid stuff, you know? Plus, banks wouldn't be operating on fractional reserves anymore. I guess that basically means inflation could potentially drop down to, like, under 0.5% in reality. Of course, since you'd have to work harder and fund projects without relying on credit—using actual cash you've saved or maybe earned working abroad—it would pretty much drive inflation down to almost nothing. It might even lower the risk of economic crashes and stop them from happening so often, I suppose.

If that were actually true, countries following strict Islamic banking models would hit a massive depression pretty quickly if they didn't get money coming in from abroad.

From what I can see, they don't really have that cycle where credit issuance and deposits move together. So, there’s still a chance for credit expansion to happen. The only thing keeping them afloat is shared loss models. But overall, there isn't much benefit for the state. The money people save isn't truly safe; it could just vanish. It's almost like putting it into some kind of investment fund.

In our current banking system, we see how money from companies and citizens gets used to fund loans. Because of that, the fate of the bank becomes tied to its business clients—people who aren't even saving, they just have accounts at those banks. That’s why a bank failing is such a big deal, and why the government usually ends up bailing them out.