Some shadowy Jew choosing interest rates based on their arbitrary "feelings" of the market, and garbled up mathematics is a bad system
What should we implement in it's place?
And none of that "gold standard" retardation, actual solutions.
Bitcoin standard
Vagina standard
Hard to obtain and expensive.
>>1537372
>And none of that "gold standard" retardation, actual solutions.
What we had in 1870, no central bank you fucking faggot. Interest rates were set by banks themselves
>>1537372
labor standard
https://archive.org/stream/GottfriedFederManifestoForTheAbolitionOfInterestSlavery1919/Gottfried%20Feder%20-%20Manifesto%20for%20the%20Abolition%20of%20Interest-Slavery%20(1919)_djvu.txt
/pol/ reporting in
The problem isn't the setting of interest rates. The crucial part is issuing new money. Which player do we give this power to?
We've had hundreds of years when that power was in the hands of the rulers. And it meant very unpredictable monetary policies and arbitrary printing of money whenever some large debt was due. Who is reliable enough to not print money on a whim or for personal gain?
>>1537477
>Who is reliable enough to not print money on a whim or for personal gain?
Nobody lol.
>>1537396
>Vagina standard
>Hard to obtain and expensive.
thats not the case with your mom's vagina
Nominal GDP targeting
>>1537396
and exponential growth
>>1537612
FUCKING FINALLY ANOTHER MARKET MONETARIST