well i can argue with you on one point. when can centralized banking start the one child policy or worse? when people the CCP centralize the banks under themselves and print all the money and own all the companies.
The problem is that doesn't talk about Centralized Banking per se. it's about the CCP.
The CCP already imposed draconian and tyrannical measures of birth control on the people under its control back in the 1927-onwards exile in Yenan Province following the Long March; it's just that those measures were typically much less brutal and more restricted than the One Child Policy in full bloom. But a regime without any sort of centralized or systematic banking was still able to impose its fiat by the party dictatorship.
That was the nucleus of the system that Mao spread out after the Japanese and anti-Commie Nationalists had killed each other to a standstill and the West turned a blind eye. So at most central banking was a tool the CCP used to transfer is pre-existing centralized power onto the system.
thats a great example of centralization gone wrong. those fuckers just manipulate and lie about what the value actually even is.
Oh I agree. And I am no friend of Central Banks or their shenanagins. But the idea that they are more destructive than totalitarianism strikes me as deluded.
The problem is that doesn't talk about Centralized Banking per se. it's about the CCP.
The CCP already imposed draconian and tyrannical measures of birth control on the people under its control back in the 1927-onwards exile in Yenan Province following the Long March; it's just that those measures were typically much less brutal and more restricted than the One Child Policy in full bloom. But a regime without any sort of centralized or systematic banking was still able to impose its fiat by the party dictatorship.
That was the nucleus of the system that Mao spread out after the Japanese and anti-Commie Nationalists had killed each other to a standstill and the West turned a blind eye. So at most central banking was a tool the CCP used to transfer is pre-existing centralized power onto the system.
Oh I agree. And I am no friend of Central Banks or their shenanagins. But the idea that they are more destructive than totalitarianism strikes me as deluded.