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/biz/ - Business & Finance

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16634068 No.16634068 [Reply] [Original]

Why do people still support central banking?

We've had a deflationary free banking economy in the past(late 1800s) and it was much more successful and the economy grew more than our current economy?

I mean while would a young person support central banking when it does nothing but help boomers and increase the value of their houses?

>> No.16634742

bump

fuck leftists

>> No.16634776
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16634776

>>16634068
they have been conditioned into believing that there is no inflation even as their "money" precipitously declines in purchasing power against anything worth having

>> No.16634819

people have enough toys and comfort currently to prevent them from violently murdering and defiling the bodies of their rules and their entire families
now, there is a threshold to where this would shift to the latter scenario, but I think we have quite a long ways to go before we reach that theshold

>> No.16634824

>>16634819
*rulers
unfortunately