I don't believe in a political solution any longer, but I do agree that any antistate movement must make abolition of the Fed and fractional reserve banking its primary priority, alongside ending the ZOG wars.

Remove fiat, let people make their own currencies. Banks will eventually cease to exist. Banks are only powered by states, if not they get murdered for reserve banking.

>>1609
I think the Libertarian Party is too busy trying to court potheads and ancoms to be worried about silly things like upholding libertarian policy goals.

The real question is, can the Murrican able to accept reality that they're economically broke in real term?

And they're courting the wrong people, if the LP went full paleo to win the not-Neocon nevertrumper republican crowd it could had a real opportunity to return to the House next election.

>>1669
I agree, they need to embrace strong gun rights(repealing recent or all gun regulations) and strong anti-welfare stances to gain the American public, drugs should be only a side note or not even a mention so the Christians are not offended.

I kind of fixed this

>>1679
Druggies are inherently lazy people who don't vote anyway.

>>1837
Fractional reserve banking is fraudulent, and what you're describing isn't fractional reserve banking.

>>1836
>The third is a necessary evil for the growth of economic institutions through careful and risky (to the bank) money-lending under the assumption of a return on investment.
No, it isn't. That same sort of growth is perfectly possible through CDs and similar loans given to banks, without any need for fractional-reserve Ponzi schemes.

>>1843
>>1844
I'm not conflating anything. Fractional reserve banking does not involve lending out a fraction of the bank's assets, because the money being loaned out does not, strictly speaking, belong to the bank. Fractional reserve banks lend out a portion of its client's demand deposit accounts as loans, which is an undeniable breach of the terms of contract. The contents of of demand deposit accounts are not the bank's property, they are property of the clients who pay the bank to to store their property. Loaning out demand deposits is no different from a storages locker facility renting out the valuables you store there, with the hopes it will all be back by the time you return.
A 100% reserve bank is perfectly able to lend out the contents of savings accounts, secured by a CD. Because that money is the bank's property, on loan to the bank for a specific period of time and returned with interest, with the understanding that the client is not guaranteed access to that money within the interim. And no, it's not a trivial matter to separate fractional reserve banking from inflationary fiat and centralized banking. Were it not for inflationary policy being enforced top-down across all banks simultaneously, fractional reserve banking would not be possible. Any one bank attempting to inflate the number of receipts in circulation would immediately be pounced on by competing banks who will cash in on its inflated supply of notes, forcing bankruptcy.

https://invidio.us/watch?v=U69Qrz0xtbI

Central banks will be unuseful anyway.

>>1879
>That's semantics at that point
Semantics aren't trivial when you're discussing contract theory. A contract in which the bank stores your money for you is materially different from a contract in which you loan your money to the bank in exchange for its promised return with interest later. Violating the terms of contract will never not be fraudulent regardless of any consequentialist argument you can make.

>Then why didn't that happen historically?
Because historically fractional reserve banks and inflationary currency emerged simultaneously. Rothbard goes over this in the pamphlet linked above and Robert Murphy discusses it in the lecture linked above.

>>1879
>>1880
>Depends entirely on the contract.
The terms of contract are very clear. Demand deposits are one thing and CDs are another.

The 1% give campaign donations and cushy job promises to politicians. When the globalists commit fraud and destroy the economy, the elites get huge bailouts and pay small fines to the government.

Bitcoin (BSV) is the best hope of doing this >>1609

>>5011 Ban this pajeet

>>5031 BTC cuck

Every country is a police state now, but only countries that disobey the globalists are called dictatorships.