Ciudadano Del Mundo
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Without falling into conspiracy theory, What about the jewish bankers ? Jewish laws also prohibits usury
So much nonsenses about the so called third word countries ( which do not exist after the Cold War period ) or the so called shitholes countries, and the federal government of the US has authorized a palace coup like the dictators from the third world countries,( Trump called them shit holes countries ) even more, there were planning to send Marines which are only used during an invasion. It should show to all workers the real repressive and violent nature of the capitalist state, it is not a neutral, it is the executive apparatus to manage the affairs of the bourgoise class
Those workers that Trump calls criminals provides trillions of dollars in surplus value to the economy of California, without them the whole state will fall apart .
That’s the dilemma of this new breed of populist parties. Financed by capitalists who want a free hand to make profits as they think fit, they are still required to get working class votes if they are going to win political control.
——————————————————————-It is really pathetic that workers are expecting that their own exploiters can resolve their own problems. It is like nominating Count Dracula as the head of the blood bank. These populists leaders, political parties and capitalists have an enormous support within the working class, and the disunity within the working class is becoming wider.
Adold Hitler advocated for ‘national socialism’, but the new tendency known as economic nationalism is openly spreading anti socialism and anti communism, probably , stronger than during the time McCarthy and the Cold War, it is really getting scary within the ranks of the working class, because many workers are becoming mouthpiece of the ruling class
The only system change is a post capitalist society. Most of these movements, marches, protests and organizations they only advocate for capitalist reforms. We have seen the same movie several times already. I have been done my homework with all those movements and organizations
Bank regulations have been created in order to protect banks against bankruptcy and operational failures. Bank failures is a clear indication that banks or governments can not create money by itself
I have read several books on money, and this small pamphlet sweep the floor with all of them:
It is not a fight between two individuals or two members of the capitalist class, it is a fight between two sectors of the capitalist class. Attack the message do not attack the messenger
Banks that loan out more than what they have available to loan out are in danger of succumbing to a bank run – when depositors, fearful that the bank may not have the funds to cover or return their deposits, get into a panic and try to withdraw their money which then brings about the very crisis they feared. Bank runs have occurred throughout the financial history of capitalism. A recent and prominent example is the Silicon Valley Bank in 2023, the third-largest bank failure in US history which resulted from a $42 billion bank run.
—————————————————————————————————————————————The Silicon Valley Bank case is well explained in this short article:
The capitalists and the capitalist state will give many explanations, but they will never show the weakness of their own economic system, they will never say that this a very unstable economic system.
SVB was taken over by the FDIC and then another bank partially purchased the bank because they did not have enough reserve to buy all the assets and liabilities and the FDIC kept the other portion of the failed bank . The first Citizen bank did not create money from the thin air
Also if Banks can create money at the stroke of a key board, why do they charge interest at all. If they could create money, they could create a £1,000 then offer a loan of £1,000 to a lender who was only required the lender to repay £500, which would mean the lender got a total £500 (very nice little earner), the bank would make an initial £500 profit and end up with an eventual £1,000?
All created from nowhere, what’s not to like?
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Peoples who own the title deed of a real estate property do not know that within 30 or 40 yers they would be paying about 20 or more times the amount of the principal that they borrowed . Why banks have to wait so long in order to make all that money ? They can create all that money by the stroke of a pen or a keyboard and continue lending money in other areas of the capitalist economy The 2008 was not a financial crisis, it was a crisis of over production and many homes and building were over produced. Marx theory of crisis is still valid
Conspiracy theory vs socialist logic. Conspiracy theories have been elaborated already, we do not have to do any personal elaborations
If the conspiracy theory which says that bank can make money from thin air is valid, why do most third world countries ( the south ) borrow money from the IMF ? If the central banks of those countries can issue money they can pay their loans, or they would not need to take loans, that theory goes along with the theory which says that US Reserve Bank is a private institution which is another false theory debunked by real economic conceptions
Money transfer, or money remittance make the same function as cashier check, money order, or officers check or certified check, to emit those instruments a customer deposit is required, the remittance companies that send money overseas the customer must give money to the clerk and a fee is also collected from the customer and the remittance can be delivered in different types of currencies. Real estate transactions the proceeds from both sides are made by electronic transfers, but a cash reserve is needed in order to make those transactions and the recording of both transactions is done immediately including the deed of trust, which would be the same as the old days when banks were issuing cashier checks
The US Postal Office also issues money order but the customer must first provide money or cash to the clerk in order to issue the instrument and a fee is also collected from the customer, and in some countries the Post Office had what it was called declared money value where a customer placed money inside an envelope and it was guaranteed by the post office and they collected a fee for the service, that type of service was replaced by electronically money transfer
The USA government in order to finance their operation is borrowing money from China and Japan, they do not issue money without any reserve, some countries accumulate dollars which are called divisas in order to finance their international operations, when the dollars was at par value with the currencies of several countries, banks customer used to obtain a cashier’s check in dollar by depositing their own currency or giving cash to a bank teller
In our time the labor theory of value is more actual than when Capital was written, and peoples who negate that theory are also negating the economical exploitation of the world working class, and the extraction of surplus value from the sweat of the working class, and negating that money is capital, and capital is unpaid labor, sadly some supporters of that theory, are called Marxists
The USA is losing its financial credibility because some countries and bank think that in the future they would not be able to pay their financial obligations due to the fact that they have a huge debt and would not have enough cash reserve, and part of the US budget is used in order to pay interests, why do they have to pay interests when they can emit money from thin air ?
When banks need to construct metropolitan branches, and towers for operations, or infrastructure they do not use their own cash reserve, they borrow money from others banks and they must submit a financial statement to the lenders in order to show that they are able to pay back the loans, and when a loan goes in bad debts banks create a contingency against those loans
If banks are able to produce money from the thin air, why do they fail and need state bail out ?
This is a list of most bank failures protected by the FDIC:https://www.fdic.gov/bank-failures/failed-bank-list?page=8–All these banks just need to issue money and comeback to their operations again. This is fairy tales vs reality . Anybody that does not know anything about economic, finance, business law or banking law will support that conspiracy theory .
Savings banks were separated institutions from commercial banks and they failed due to lack of depositors and money reserves and many customer withdrew their money from the savings banks and the commercial took over the savings banks, why they savings banks did not create money to recover their loss and financial insolvency ?
The pamphlet about money written by the SPGB is backed up by a very profound research and it was pretty well written and it debunks all the economic fairy tales
The attack on Russia warplanes were conducted by NATO-USA using Ukraine as the intermediary. They provided the logistic, it is a real provocation made by NATO and the USA. Peoples have been fooled again, believing that the capitalists are going to produce real peace for them
A participant in this forum wrote: Elon Musk vs Bill Gates
Now, it looks that it is Musk vs Trump or vice versa
https://www.politico.com/news/2025/06/05/elon-musk-donald-trump-fight-00389480
Contradictions between members of the capitalist class
Probably, Elon Musk invested money on the wrong political party and the wrong sector of the US capitalist class
When the shit hits the fan it spread all over. Elon Musk is part of the sector of the capitalist class that is promoting Trump and helped him to take control of the state apparatus, ( the workers are only pawns in the capitalist chess game ) and he is a powerful man, more powerful than Bezos and Gates, others capitalists, and he is already making public several state secrets, and he had access to the government personal files of many members of the US congress, judges and presidents. like the Italian mafias used to say: He is singing like a canary
There is a new concept that is being propagated by the right -wingers and the right wings populists known as corporate socialism/communism and corporate welfare, they do not have a clue of what socialism/communism really is, or they are trying to distort the minds of the workers
There was a Trotskyist group who wanted to nationalize the Budweiser corporation.
Several corporations in Argentina were taken under the control of the workers and they had to be run as business enterprises in order to produce profits, and many left-wingers groups were saying that it was a step toward socialism, and then the state passed several laws and they took those corporations from the workers.
In a socialist society warships, and aircraft carriers can be used to turn them into hospitals, or schools to serve the needs of the human beings
You seem to care that an artificial entity called “Ukraine” should continue to exist in a world alongside other artificial entities such as “Russia”. Socialists, on the other hand, have zero interest in the maintenance of nation states and national borders. These constitute the spatial expression of the organisation of political and economic power under our current system of global capitalism.
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The above statement does reflect what all nations are: Artificial entities, a myth, imaginary lines, imaginary borders, false creations of the bourgeois class which motivates human beings to kill each other defending imaginary lines, the so called socialist homeland, or socialist countries fall within the same definition.
It is the same case applicable to artificial entities known as Palestine and Israel
Practically, WW 1 was ended when the Russians workers decided not to fight and kill their class brothers .
Capitalism has adopted all kind of forms in order to save itself from its internal inherent crisis and all have failed and now they are promoting the so called economic nationalism, it is going to fail too.
Only the world working class will eliminate all wars and nationalist conflicts, we do not need any stupid leader to be followed, and they are not the main problem either, the main problem is capitalism
