Comments on: Central Banks Are a Bit “Communist Way of Thinking”. No? http://commoditytradingquestions.org/commodity-trading/central-banks-are-a-bit-communist-way-of-thinking-no Answers to all of your questions about commodity trading. Tue, 07 Feb 2012 10:26:44 +0000 hourly 1 http://wordpress.org/?v=3.1.3 By: Arthur http://commoditytradingquestions.org/commodity-trading/central-banks-are-a-bit-communist-way-of-thinking-no/comment-page-1#comment-1052 Arthur Fri, 04 Sep 2009 00:22:38 +0000 http://commoditytradingquestions.org/commodity-trading/central-banks-are-a-bit-communist-way-of-thinking-no#comment-1052 A central banks makes things like check clearing possible. Would you rather have to drive to the bank your paycheck is written against to get it cashed, then haul your way to your own bank to deposit the cash? A modern economy requires some sort of centralized banking system. You can argue the Fed has to great a role, but without it, we'd have to switch to an all cash system. A central banks makes things like check clearing possible.

Would you rather have to drive to the bank your paycheck is written against to get it cashed, then haul your way to your own bank to deposit the cash?

A modern economy requires some sort of centralized banking system. You can argue the Fed has to great a role, but without it, we’d have to switch to an all cash system.

]]> By: Peace through blinding force http://commoditytradingquestions.org/commodity-trading/central-banks-are-a-bit-communist-way-of-thinking-no/comment-page-1#comment-1051 Peace through blinding force Wed, 02 Sep 2009 12:50:17 +0000 http://commoditytradingquestions.org/commodity-trading/central-banks-are-a-bit-communist-way-of-thinking-no#comment-1051 Centralized banking is indeed one of the imperatives of the Socialist International. The creation of the Federal Reserve was part of the "Progressive* reform" early in the 20th Century. Nothing they did or do now** is compatible with Americanism. Centralized banking is indeed one of the imperatives of the Socialist International.
The creation of the Federal Reserve was part of the “Progressive* reform” early in the 20th Century. Nothing they did or do now** is compatible with Americanism.

]]> By: neil s http://commoditytradingquestions.org/commodity-trading/central-banks-are-a-bit-communist-way-of-thinking-no/comment-page-1#comment-1050 neil s Sun, 30 Aug 2009 06:06:03 +0000 http://commoditytradingquestions.org/commodity-trading/central-banks-are-a-bit-communist-way-of-thinking-no#comment-1050 Hayek won a Nobel for showing that centralized banking inevitably leads to booms and busts in the market. That's an argument against such practice. Simply being "communist" is not. Police, fire departments, public schools, etc., are also communist. Hayek won a Nobel for showing that centralized banking inevitably leads to booms and busts in the market. That’s an argument against such practice. Simply being “communist” is not. Police, fire departments, public schools, etc., are also communist.

]]> By: Comrade Otto http://commoditytradingquestions.org/commodity-trading/central-banks-are-a-bit-communist-way-of-thinking-no/comment-page-1#comment-1049 Comrade Otto Sat, 29 Aug 2009 13:22:53 +0000 http://commoditytradingquestions.org/commodity-trading/central-banks-are-a-bit-communist-way-of-thinking-no#comment-1049 no because money wouldnt exist in an actual communist state no because money wouldnt exist in an actual communist state

]]> By: jsemkralfootball http://commoditytradingquestions.org/commodity-trading/central-banks-are-a-bit-communist-way-of-thinking-no/comment-page-1#comment-1048 jsemkralfootball Sat, 29 Aug 2009 05:01:06 +0000 http://commoditytradingquestions.org/commodity-trading/central-banks-are-a-bit-communist-way-of-thinking-no#comment-1048 The wall went down, where did the communiists go? TO THTE BANKS! (and they are breeding Pit Bulls) The wall went down, where did the communiists go? TO THTE BANKS! (and they are breeding Pit Bulls)

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