The EU is a bankers' dictatorship founded upon Seigniorage

[Estro Felino]

Vigilance against evil should never cease.

That's what this thread is about.
I want the State to be powerfully watchful.

I am for free enterprise.

I think that the European banking system is suicidal: it is in the interest of the small/medium banks that so many people open small businesses. So they will go rich and put their incomes in the local banks.
And so local banks will prosper.

But...the devilish policies issued by the ECB, the European Commission and other groups are destroying the small entrepreneurship.
No businesses = no savings = local banks are all closing. Only the big banks will survive.

So I am for free enterprise.

 

[Revoltingest]

That's what this thread is about.
I want the State to be powerfully watchful.

I am for free enterprise.

I think that the European banking system is suicidal: it is in the interest of the small/medium banks that so many people open small businesses. So they will go rich and put their incomes in the local banks.
And so local banks will prosper.

But...the devilish policies issued by the ECB, the European Commission and other groups are destroying the small entrepreneurship.
No businesses = no savings = local banks are all closing. Only the big banks will survive.

So I am for free enterprise.

The state can watch business.
Voters can watch the state.
But the state watching itself is a dangerous thing.

 

[Estro Felino]

But the state watching itself is a dangerous thing.

What do you mean by "watching itself"?

 

[Revoltingest]

What do you mean by "watching itself"?

The old problem of who watches the watchers
arises in government. It runs law enforcement
& the justice system. If it goes bad, who will
hold it accountable?
It's like our problem with cops, ie, they police
themselves. So they're generally satisfied
with whatever they do.

 

[Estro Felino]

The old problem of who watches the watchers
arises in government. It runs law enforcement
& the justice system. If it goes bad, who will
hold it accountable?
It's like our problem with cops, ie, they police
themselves. So they're generally satisfied
with whatever they do.

Public servants are called public servants because they have to serve the public interest.
The interests of the weakest.
Our Constitution repudiates the law of the fittest because the weakest come first: art 3 of the Constitution.

I am not a conspiracy theorists. Because mine is not a theory. It is the truth. Goldman Sachs has written to the European Commission that the Italian Constitution, the French Constitution are too socialist and need to be changed.

These subjects hate us and declared us war.
Not the other way around.

 

[Revoltingest]

Public servants are called public servants because they have to serve the public interest.
The interests of the weakest.
Our Constitution repudiates the law of the fittest because the weakest come first: art 3 of the Constitution.

I am not a conspiracy theorists. Because mine is not a theory. It is the truth. Goldman Sachs has written to the European Commission that the Italian Constitution, the French Cobstitution are too socialist and need to be changed.

These subjects hate us and declared us war.
Not the other way around.

Being a public servant doesn't mean that they're honest.

 

[Estro Felino]

Being a public servant doesn't mean that they're honest.

They should be.
Since the State represents God on Earth, God is watching them.

 

[Revoltingest]

They should be.
Since the State represents God on Earth, God is watching them.

God is doing a poor job.
So it falls to us mere mortals to design systems
resistant to corruption & incompetence.

 

[Heyo]

@Heyo
Thank you so much for quoting Henry Ford i @Revoltingest 's thread
Could you repost that meme here...since it is about this thread?

I do you one better. This is a reasonably good explanation of the monetary system:

 

[Estro Felino]

God is doing a poor job.
So it falls to us mere mortals to design systems
resistant to corruption & incompetence.

Corruption and incompetence are the reason why Socialism has failed in so many countries.
Competence, responsibility, capability are absolutely necessary for socialism to work.

 

[Estro Felino]

I do you one better. This is a reasonably good explanation of the monetary system:

I want to ask you something.
Germany has an incredibly big GDP.
If Germany produces goods and services which are worth X euros, why will the ECB only print Y euros (X > Y)?
it means there will always be overproduction.
Overproduction will cause unemployment.
Especially Jugendarbeitslosigkeit.

 

[Heyo]

I want to ask you something.
Germany has an incredibly big GDP.
If Germany produces goods and services which are worth X euros, why will the ECB only print Y euros (X > Y)?

Good question and the answers are very complicated.
1. GDP is a measure of money in circulation, not a measure of real values.
2. The ECB prints €uros, not D-Mark, i.e. it offsets some of the higher value countries with those with a lesser economy.
3. Printed money is only a little fraction of the money in circulation.
4. Germany maintains a shadow economy besides the ECB, privately and publicly, through holding foreign currency.
tl;dr: the ECB works for the EU, not Germany, they try to maintain price stability in all the countries of the EU.

 

[Kooky]

Finally the EU has taken off its mask...les jeux sont faits

Bruxelles imposed to the President of the Italian Republic (who has the exact same power as the Queen in UK) to overthrow the Government, by violating the Constitution and to nominate as Prime Minister a Freemason from the IMF. A Slave of Bruxelles.
It's a coup d'état wanted by the European Commission. First time in history of my country.

Do you have a source for that story that's not a satirical speech from a professional comedian?

 

[Estro Felino]

Good question and the answers are very complicated.
1. GDP is a measure of money in circulation, not a measure of real values.
2. The ECB prints €uros, not D-Mark, i.e. it offsets some of the higher value countries with those with a lesser economy.
3. Printed money is only a little fraction of the money in circulation.
4. Germany maintains a shadow economy besides the ECB, privately and publicly, through holding foreign currency.
tl;dr: the ECB works for the EU, not Germany, they try to maintain price stability in all the countries of the EU.

A question.
In your opinion, does the ECB serve private interests (big banks, big corporations) or the public interest ( real economy, small businesses, farmers, etc...)?

 

[Estro Felino]

Do you have a source for that story that's not a satirical speech from a professional comedian?

It was in 2018. That dear gentle President was forced to nominate a Prime Minister from the people.

 

[Kooky]

It was in 2018. That dear gentle President was forced to nominate a Prime Minister from the people.

Sorry, but I don't consider your memory an accurate and objective source for Italian politics of circa 2018.

Is there literally no article or news report that you could link to that supports your reading of the situation?

 

[Estro Felino]

Sorry, but I don't consider your memory an accurate and objective source for Italian politics of circa 2018.

Is there literally no article or news report that you could link to that supports your reading of the situation?

The dear and gentle President was on the verge of being impeached (art 90 Constitution)

Scontro istituzionale sul nuovo governo. Conte rinuncia, Mattarella convoca Cottarelli. "No a un ministro dell'Economia antieuro". E Di Maio e Meloni invocano impeachment

 

[Kooky]

The dear and gentle President was on the verge of being impeached (art 90 Constitution)

Scontro istituzionale sul nuovo governo. Conte rinuncia, Mattarella convoca Cottarelli. "No a un ministro dell'Economia antieuro". E Di Maio e Meloni invocano impeachment

And your evidence that this was orchestrated by "the EU"* is what, exactly?

*) Who in the EU, by the way? All member states? Some states? Which institution? The Commission? The Council of Ministers?

 

[Kooky]

In your opinion, does the ECB serve private interests (big banks, big corporations) or the public interest ( real economy, small businesses, farmers, etc...)?

All of these are private interests, actually.

 

[Estro Felino]

And your evidence that this was orchestrated by "the EU"* is what, exactly?

*) Who in the EU, by the way? All member states? Some states? Which institution? The Commission? The Council of Ministers?

The EC.

How? They phoned the president of the Italian Republic.