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>At the top are private creditors of nations - central bankers." Only took a few comments before someone blamed things on the Fed. Nice. >i.e. the US newborn

>At the top are private creditors of nations - central bankers." Only took a few comments before someone blamed things on the Fed. Nice. >i.e. the US newborn already has to pay off few hundred thousand in debt through their live-time). Please don't call it capitalism. You understand that "paying back" public debt means reducing private financial assets right? Of course you don't. >We need Robespierre's and Danton's guillotining banksters and their whore neo-feudal political class. Yeah, let's kill people who undertake a specific, necessary occupation in society! Take your ignorant, conspiratorial hatred elsewhere.

zanny 13y ago
Wait, why are central bankers "necessary"? We invented bitcoin 4 years ago, and it didn't take that long for the rise and fall of pagers to go through.
- onebaddude 13y ago
  >"why are central bankers "necessary" I didn't say they were, though I much prefer a system with them included. I said "banksters" are necessary. You know, in the same sense garbage collectors and lawyers and doctors and teachers are necessary. I mean, I guess you could argue that none are really necessary. But again, as a bank customer and user of credit (which I'm sure you and 95% of everyone else here is), I will call them necessary for my desired society.
  - LekkoscPiwa 13y ago
    >I didn't say they were, though I much prefer a system with them included. So you don't believe in the markets setting price of credit more efficiently than a burocrat? You understand that burocrats setting prices doesn't work, right? Or 70 years of communistic "experiment" isn't enough for you to get it?
LekkoscPiwa 13y ago
What you don't understand is that there are more important things in the world than repaying banksters. Greece has been forced to repay to the banksters. The cost: neo-nazi at 22% in the national polls. In opposition to this what the media claim there is more to live than bankster bonus.
- onebaddude 13y ago
  >"What you don't understand is that there are more important things in the world than repaying banksters." "Banksters" didn't force loans on Greece, or tell them to cook their books and spend frivolously. The politicians and citizens did that. But guess what? They are free to default and not pay back any "banksters"! The repercussions for that will be the inability to get credit in the future. But, who cares, right? Because no one needs that credit that the "banksters" provide, according to you. It still might happen. Then the complaint will be, at some point in the future, "Why are the banksters charging Greece extortionate rates to borrow money?!?" Some people don't get it.
  - LekkoscPiwa 13y ago
    > But guess what? They are free to default and not pay back any "banksters"! Oh yeah?! Says who? EU? So the Euro lands in the trash bin and then there is a whole line of countries that want to leave the Titanic as well? You're so naive. Let me explain it to you how it works: If I'm an investor. Private investor. I buy a stock, equity or a bond, or commodity. I understand that there is risk and reward. That the asset may go up in price but it also may go down. So, if I buy Greek bonds - and note, I do it after analyzing the market, etc, etc - I know they may go up, or they may go down in price. Actually, they may go to zero. And that's a healthy, normal capitalism. That's my attitude when I invest my money. But when you are bankster? Do you accept the capitalistic risk&reward model? Do you accept that the Greek bonds that you bought back in 2000-2007 may go to zero. Oh nein! Then you call Die Frau Merkel and ask her for a favor. Because you gave her money for the campaign, didn't you? So now it's payback time! Die Frau together with the whole EU then forces little Greece to repay as if the bonds were not at zero. As if they were great investment. Fantastic! The banksters are the folks I described above. And for the mentality itself - like we should be paid even if it's our error here and even if it means neo-nazis governing Greece - is the reason for which I would behead them with pleasure my friend. And don't confuse these clown with true bankers who believe in capitalism, believe in risk&reward and would just take the hit like they believe in the system (capitalism). Not some aristocrats who think that socialism should be only for them and rest of the populace should live in capitalism. Greeks vote neo-nazi because they know that the Golden Down would have balls enough to cancel the whole so-called debt to these crooks with a stroke of a pen.

zanny 13y ago

Wait, why are central bankers "necessary"? We invented bitcoin 4 years ago, and it didn't take that long for the rise and fall of pagers to go through.

onebaddude 13y ago
>"why are central bankers "necessary" I didn't say they were, though I much prefer a system with them included. I said "banksters" are necessary. You know, in the same sense garbage collectors and lawyers and doctors and teachers are necessary. I mean, I guess you could argue that none are really necessary. But again, as a bank customer and user of credit (which I'm sure you and 95% of everyone else here is), I will call them necessary for my desired society.
- LekkoscPiwa 13y ago
  >I didn't say they were, though I much prefer a system with them included. So you don't believe in the markets setting price of credit more efficiently than a burocrat? You understand that burocrats setting prices doesn't work, right? Or 70 years of communistic "experiment" isn't enough for you to get it?

LekkoscPiwa 13y ago

What you don't understand is that there are more important things in the world than repaying banksters. Greece has been forced to repay to the banksters. The cost: neo-nazi at 22% in the national polls. In opposition to this what the media claim there is more to live than bankster bonus.

onebaddude 13y ago
>"What you don't understand is that there are more important things in the world than repaying banksters." "Banksters" didn't force loans on Greece, or tell them to cook their books and spend frivolously. The politicians and citizens did that. But guess what? They are free to default and not pay back any "banksters"! The repercussions for that will be the inability to get credit in the future. But, who cares, right? Because no one needs that credit that the "banksters" provide, according to you. It still might happen. Then the complaint will be, at some point in the future, "Why are the banksters charging Greece extortionate rates to borrow money?!?" Some people don't get it.
- LekkoscPiwa 13y ago
  > But guess what? They are free to default and not pay back any "banksters"! Oh yeah?! Says who? EU? So the Euro lands in the trash bin and then there is a whole line of countries that want to leave the Titanic as well? You're so naive. Let me explain it to you how it works: If I'm an investor. Private investor. I buy a stock, equity or a bond, or commodity. I understand that there is risk and reward. That the asset may go up in price but it also may go down. So, if I buy Greek bonds - and note, I do it after analyzing the market, etc, etc - I know they may go up, or they may go down in price. Actually, they may go to zero. And that's a healthy, normal capitalism. That's my attitude when I invest my money. But when you are bankster? Do you accept the capitalistic risk&reward model? Do you accept that the Greek bonds that you bought back in 2000-2007 may go to zero. Oh nein! Then you call Die Frau Merkel and ask her for a favor. Because you gave her money for the campaign, didn't you? So now it's payback time! Die Frau together with the whole EU then forces little Greece to repay as if the bonds were not at zero. As if they were great investment. Fantastic! The banksters are the folks I described above. And for the mentality itself - like we should be paid even if it's our error here and even if it means neo-nazis governing Greece - is the reason for which I would behead them with pleasure my friend. And don't confuse these clown with true bankers who believe in capitalism, believe in risk&reward and would just take the hit like they believe in the system (capitalism). Not some aristocrats who think that socialism should be only for them and rest of the populace should live in capitalism. Greeks vote neo-nazi because they know that the Golden Down would have balls enough to cancel the whole so-called debt to these crooks with a stroke of a pen.