Is there an alternative to the Banking system?

What can you rrplace this with?

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cash

/thread

abolish money entirely

decentralized banking & cryptocurrencies

Violent land reforms, property seizures and the development of a state-backed cryptocurrency - one unit of which to be defined as the value of one hours unskilled labour.

Banking is not synonymous with usury.

The problem isn't really the banking system. It is fractional reserve banking which allows for the creation of currency within the banking system. Also usury is a problem. If the banks couldn't do fraction reserve banking/lending and they had limits on the interest they could apply to credit cards, loans, and such I don't think there would be as many problems are there are right now. Less people getting loans would then cause housing and car prices to go down, and make the dollar stronger. There is really no reason to not end the fed and fraction reserve banking. The current system is in place for us to become debt slaves. Im sure some lolbertarian or cuckservative will chime in and hit everyone with the "can't pay it back, don't take the loan" but that's not fixing anything, it instead just addresses the current issue, which shouldn't be an issue.

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Allow each bank and state to issue their own currencies

/thread

IT DOESN'T HAVE TO BE THIS WAY

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Nobody on this board understands financial policy this post was made by a pseud

govt dept runs banks independently.
normal banks are shut down without recompense to owners.

people are paid wages in datestamped vouchers, this ends the hoarding of money and power over others via mass collecting of money

Islamic finance

Blockchain and fully (FULLY) decentralised crypto

or you can just go back to the middle east with your islamic practices

>pay back double
Interest rates are never that high. If you take a loan without at least knowing what the interest is (or take a loan at all, ever), you're a fucking retard and you deserve to live in a box.
>made up money
Modern banks are indeed almost entirely based on funny money. That being said, the wealth of the original banks were based on the money which other people stored within them. So you're basically loaning other people's money.

I love how you faggots pretend that usury isn't a necessary function of the economy. I'm genuinely curious as to how do you think the world was built, if not with loaning for profit? Sure your neighbor could loan you 5000 dollars without interest because you helped his son through school, but do you really think anyone would loan 10 million dollars with no interest? The prospect of earning a profit via loaning these amounts is incentive enough alone to have these loans occur to begin with. Seriously - do you really expect people to just give you money without expecting profit?

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>another thread where retards don't realize the central banks print money because the government gives them birth certificates
can you fucking faggots ever learn the truth?

>I love how you faggots pretend that usury isn't a necessary function of the economy.
quality bullshit from a persian mutt larping as a levant jew

Already?

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A banking system where you don’t need loans because you can afford shit with your paychecks and shit isn’t hyperinflated.

>I love how you faggots pretend that usury isn't a necessary function of the economy. I'm genuinely curious as to how do you think the world was built, if not with loaning for profit? Sure your neighbor could loan you 5000 dollars without interest because you helped his son through school, but do you really think anyone would loan 10 million dollars with no interest? The prospect of earning a profit via loaning these amounts is incentive enough alone to have these loans occur to begin with. Seriously - do you really expect people to just give you money without expecting profit?

We're talking about finance, the financial system, not economics and the economy. I know jews can't tell the difference because it destroys your ponzi schemes, but the original statement of how "banking IS NOT synonymous with usury" still stands.

If the loan is for a business to make money then yes, charge them. If its to keep a family off the streets, no.

hey khazar mutt, go bother burgers, at least you share the same brain damage cause by infant genital mutilation.
trauma based mind control slaves should stick together

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>I love how you faggots pretend that usury isn't a necessary function of the economy.

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Shouldn't it be the individual's responsibility then to not fuck over his family with more debt?
Nice deflection.

>I know jews can't tell the difference because it destroys your ponzi schemes
Relax mate. Lending money with interest has its uses.

Yup, nationalize the banks, exterminate the jew owners.

>Yup, nationalize the banks, exterminate the jew owners.

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Just because other banking practices fuck with your tribes globalized income stream doesn't mean it's a deflection....well it's a deflection against jewry.

21 trillion in debt and counting.

Oh wait, if I told you the truth in a step by step process you'd realize that the USA is actually 50 trillion in debt.

either pic related, or debt jubbilees

both will make 90% of people mad because they're autistoid scum, so kill, or preferably enslave in the most horrible way possible all disagreers. I'm talking about making i have no mouth and i must scream look like kindergarten

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>Jew accusing others of deflection

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money is an illusion anyway, energy is real money, and anybody can have some with a black bucket filled with dirt ok, money is a fucking joke, now go grow your victory garden or you're gonna be shit out of luck

sure it is, everything paid back past what was originally borrowed is slavery and don't ever forget that

>Oh wait, if I told you the truth in a step by step process you'd realize that the USA is actually 50 trillion in debt.
We owe the money to the Federal Reserve? Or someone else?

tell us more, brucey wucey chan

simple intrest is what you are describing, that's still interest.

>We owe the money to the Federal Reserve? Or someone else?
why the fuck are you asking someone who isn't even in your country, and you have access to the net ??
rhetorical question I know exactly why you're as ignorant as the khazar mutt posting under the israhelli flag

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>Hitler set up a bank that didn't ask for 25% interest on $100 but instead asked for $125.
Sounds like 25% interest with extra steps.