Are banks to blame for the global economic downturn

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[ItsAllAboutGuitar]

You're very ignorant to argue that the US has a capitalist health care system. Medicare, Medicaid, prescription drug program, FDA, and HMO's. Furthermore we don't allow competing currencies.

[Tenatiouz]

@zebb1111 No I'm an adult. I can see from your lack of rebuttal and understanding I am wasting my time with you though. Fiat Systems are in a crisis right now, because that system doesn't work and never has or never will. That's all the proof I need for any argument against a fiat currency system. End of Conversation.

[imtonasty]

laughing at your own joke when noone else does is such a douchy move by that host

[charronfamilyconnect]

we need to get big banks out of the way. we need government of the people, by the people and for the people so they can wipe too big to fails out of the way.

[CaptainZuluGamma]

@Tenatiouz Pistratus a king of greece implented a free market system well very similiar anyway aristocrates were forced to lend at 0% interest to workers whom then used money to buy more land and tools (seeds) therfore more trade which made everyone rich even poor people became rich like an inverse pyramid small group of poor meeting large group rich at the top tariff taxes were lowered too 5$ on five trades (25$ tax) down to 1$ on 100 trades (100$ tax) serfes happy as taxes were lwr

[CaptainZuluGamma]

@Tenatiouz I can send you word doc where I sum it up in a conversation about that brass calculator from 208 BCE for grain counting and zodiac information storage that was talked about in that series on discovery about ancient aliens most it is wide speculation but some stuff is weird as if we had very advanced civilizations many times only we start over every now and then for some reason weather mostly I assume but we will likely never know aliens or otherwise

[CaptainZuluGamma]

@Tenatiouz Last year I was researching Greek 508 BCE "Demokratia" The Athens people and all Greeks were midget sheep cloth people no real technology until Democracy then a boom of tech came after this system lasted off on for 160 years but during that period ,steam, roads, theater, x-bow, vending(archemedias-stone lever) machine, brass calculator, under this system farmers defeated an empire twice that of USA today Battle of Thermopolea 1st persian invasion

[Tenatiouz]

@CaptainZuluGamma Yes exactly. We haven't had a single major invention since the loss of our free market. My opinion on that is simply due to the fact that people have less time to direct towards inventions and just overall think tanking. One person used to be able to provide for an entire family. Now we are lucky if two or three people can provide for that family.

[CaptainZuluGamma]

@Tenatiouz Yah I noticed too that at some point we lost our innovation boom during the 20th century loss of freedoms and free markets Real free markets we lost our main niche art and tech now we are dying shell of what we are capable of !

[Tenatiouz]

@CaptainZuluGamma Long story short we just need to repeal all these restrictive laws. People should be free to trade and do business as long as it does not impede on the freedom of others to do the same. This creates a system of competition and always the best solution in a competition environment rises to the top. Of course everyone has mutual benefits and profits from a free market competition environment as well. Technology also flourishes and progresses further.

[Tenatiouz]

@CaptainZuluGamma Now there are many flaws in backing a currency with a finite resource, this is why I do not advocate such a thing. I was merely using it as an example to show the idiocy of our leaders in how they do things. A more intelligent backing of course would be something like gold or silver that can be collected and re-smelted and redistributed by a free market. As well as having a tremendously long life span. Or something along these lines of course.