Překlad programového bodu Finanční systém pro CEEP2019 Originál: https://www.pirati.cz/program/finance Místa zvýrazněná ?takto? potřebují důkladnou kontrolu. Financial System Pirates call for curtailing the influence of global financial system, in particular by limiting deficit spending, maintaining balanced government budgets, taxing financial markets, ensuring free competition of currencies and banning bank bailouts. We want to prevent gradual covert privatization of the state by its creditors. Financial institutions have gained immense power through concentration of capital, globalization and use of modern technologies, and they use this power to control economies and states. Pirates want to return the power to set the rules that business entities must comply with back to citizens and their elected representatives. We propose the following measures to curtail the influence of global financial system: * Limit deficit spending. Our goal is to have balanced government budgets and eliminate government debt. The government must not stand surety for liabilities of banks and other business entities. Current practice of issuing money through loans to commercial banks inevitably leads to governments and citizens falling into debt, therefore we want to replace it with some other method. * Tax financial markets. We support taxing ?capital export?* and ?financial speculations?. Financial markets contribute to tax revenue much less than other business entities. Therefore it is necessary to establish this tax and divide the tax burden more evenly between real economy and financial markets. Details are explained in chapter Taxes. * Digital currencies and barter. Pirates support use of decentralized anonymous currencies such as Bitcoin and ?LETS currencies?. We will oppose attempts of financial institutions and government to restrict and criminalize use of any particular means of trade (digital systems, cash, precious metals, barter). Additionally, businesses which supply goods and services to the government should have the option of paying taxes through countertrade. * Ban bank bailouts. Mismanaged banks must go bankrupt just like any other public limited company. Furthermore, the government will limit the maximum size of financial institutions so that their potential collapse will not threaten financial markets as a whole. * Separation of savings and investments. We call for separation of commercial and investment banking. It is necessary to separate citizens' deposits from investments for profit so that citizens can have a clear idea how the bank will handle their money. Financial speculations will be permitted only with investors' own capital, not with money borrowed from deposits. We are certain that without reform of current financial system, economic recessions like that of 2008 will keep repeating themselves. We consider the growing government debt and current manner of its repayment to be unsustainable in the long run because it requires permanent economic growth and prevents independent policymaking by future administrations. We consider this to be a failure of politicians in their role as stewards of our country. *) This doesn't mean taxing investments made abroad with local capital. It means taxing profits extracted from local companies by foreign investors.