>>19951100>we no longer have 'capitalism' since 2008 and the central banks themselves are essentially insolvent since then.So we had capitalism before then, just to a lesser degree?
>the past 15 years have been Financialized smoke & mirrors to convince the world that 'solvency' still exists within global banking and financial assets.And it wasn't the same before 2008, just to a lesser degree?
>Applies to everything from global investment banks, on down through national banks' balance sheets, real estate (commercial and residential) markets, corporate ledgers/stock buybacks, zero price discovery mechanism in capital markets anymore.Capitalism cannot afford to purchase its own aggregate internal production without doing so at a financial loss to someone involved in that production.
>Everything and everyone subsists, hinges on and anxiously awaits freshly 'printed' firehose of 'money'The fiat currency is almost entirely digital and not printed.
>—debt note fiat currency—The debt notes is the digital fiat currency. Not the paper and coins. Those are the only debt free fiat currency remaining. I mean, sure, you have non-fiat money and non-debt based digital fiat currency but they are not legal tender yet.
>from private central banksIt's not *JUST* central banks which are the problem. Banking itself, as a concept and institution, is the problem. If you only abolish central banks, you only abolish cash. You *DO NOT* abolish ex nihilo issued interest bearing debt based fiat currency. The rest of the banking system will continue to issue it by pretending to "lend" it from "depositors' deposits" while continuing to create it ex nihilo in ever greater amounts for the benefit of few parasites and pauperisation of the money working class people and unemployed.
>which permanently enslaves citizens of all nations via their treasuries.You are blinded by layers of abstraction & obfuscation. It is *NOT JUST* central banks and *NOT JUST* governments which are the problem.