What would an economy look like that isn't based on debt?

You mean where 99% of people lived in absolute poverty making subsistence wages, and the remaining 1% lived lives that would be barely considered acceptable by today's standards? Back in those times luxury was considered to be "wear clothes that have dye" or "can afford to eat meat most weeks"

One that collapses utterly and destroys the nation for 2 generations within a few years?

You mean a recession that wipes out 20% of the economy every 2-5 years?

>militarily defeated means it collapsed

Nazi Germany only collapsed due to war. Before the war their economy was booming. The economic rise of Nazi Germany is a cold fact, regardless of your political feelings on the subject.

maybe im retarded, but i could never understand how the FUCK does a PRIVATE ENTITY have the right to MAKE MONEY FOR A GOVERNMENT and in doing so CHARGE INTEREST ON IT???!?!?!?!?
>fucking jews

You mean like every single country that recovered from the Great Depression?

Yes, but Jews were not siphoning free money from Nazi Germany like the Western Allies. Jews were still in the driver's seat. Germany was not "in debt" to anyone. The American economy was simply manipulated into a depression and then allowedto recover later on ( with the same Jews still in control ).

Incorrect. fiat is money without any backing which is commonly issued by private banks ie usd

investinganswers.com/dictionary/f/fiat-money

Wow so you mean all of the things Hitler did were completely unnecessary and the rest of the world's economies did just fine without them?

Also, Germany had the largest national debt in the entire world, Hitler just decided he wasn't going to pay it.

Turns out it's really easy to build up an economy if you just steal money.

I'm not sure I understand your point. The United States recovered by winning WWII and being the only country unscathed by the war. This allowed the US to stimulate the crippled economies of their allies which lifted them out of the depression. The returning soldiers came back to a glut of good jobs that had been created to meet war production demands. The Nazi's rebuilt their economy from nothing in a short few years and it was completely stable and thriving before WWII and during a good portion of it.

Germany never should have been hit with those reparations. It was obvious what would happen and it was completely unnecessary.

Private Banking Cartel Fiat. It's not Government FIAT.

Germany didnt steal money from anyone.. Germany was being stolen from.

Also FIAT doesn't have anything to do with debt. It can have debt attached or not.

Private fiat usually has debt attached for obvious reasons thus making state fiat superior

>What would an economy look like that isn't based on debt?
I think everyone knows the answer to that

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Agreed.

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Nazi Germany

what do you mean?
Do you mean to say loans would not exist and borrowing money wouldn't be a thing?
Or do you mean to say loans with no interest?

Loans with no interest. Debt based economy requires usury to function.

in that case niggers get loans and say "ayo bor a gatchu just wait til next week bruh" and rinse repeat until you get to tired to follow up with them.

Credit doesn't exist.

Also no jews

Then don't give loans to niggers. Also don't make a business out of loaning money

You could not make a business based around loaning money with out usury. Therefore loans are rare and require collateral. Niggers can't exist in this system.

Why are you responding to me?
okay i see. So we don't give loans but only on rare occasions . Makes sense.

>Why are you responding to me?
You're not my dad

go on youtube and search for usa in the 1980s, probably mid to late 80s of random people at the mall, that's what it would look like. i understand the credit card debt meme started around the 80s but it was not that big compared to now.

Yes. Loans are rare because you don't make money back on interest. So therefore you only give out a loan to those you know you can personally trust

blocked

Also, when a Bank gives a loan it is just depositing your account with a number, it's not loaning money they have stored in a vault. They need to keep around a small fraction of Reserves ( technical term for Central Bank Money ) and Cash, but it's only a small fraction. We are told that our bank accounts are equivalent to cash but if we all tried to cash out it would be impossible, because cash is only around 3% of our money supply.

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stop being so antisemitic

Subsistence living for the most part.

pic unrelated*
And here's part 2

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Thanks for the knowledge, friend. If I'm understanding this correctly, FIAT is not the enemy but merely usury. Which makes sense to me.