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/pol/ - Politically Incorrect


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What is your solution to infinite currency inflation?
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>>533687693
>What is your solution to infinite currency inflation?
gold standard.

reform bank notes so they reflect their value based off the value of gold, a finite resource.
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>>533688090
Passing the buck. Value of gold is fiat.
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>>533687693
Just be generally effective and persevere.
Also inflation doesn't really matter, because we're going to hard default the debt to force a new organized standard that everyone agrees to, or the US citizens will force it and do it themselves.
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>>533688090
Gold standard was tried and failed. It would fail again. Congressional script is the answer. Fiat without debt.
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>>533687693
>>533688090


why would you want to solve it? inflation is how we americans harvest the lives of people in poorer countries. unless you want to ride bikes and live in a shack
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>>533687693

Abolish currency and property. Create an AI-controlled system that simply sends people to do tasks and in return grants them requests (which are fulfilled by other people doing tasks).
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>>533688202
what we have now is fiat, we took the dollar off the gold standard after citizen had a major bank run in the late 19th century and early 20th century, demanding their notes to be exchanged for gold. then in 1913, they made the federal reserve and the gold standard is no more.

if the dollar is tied to a finite resource, it can't inflate perpetually forever as it's tied to a rare earth mineral. this will remain until space mining of precious metals on asteroids happen or cold fusion makes the energy cost to fuse metals into gold cheap enough.
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>>533687693
currency pays niggers to tongue my anus
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>>533688090
Copper standard
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>>533688600
i suppose with how inflated the population is compared to 1913, copper could be incorporated for lesser notes to compensate as demanding a dollar worth of gold is basically a speck.
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>>533688300
>AI sends you to volunteer at the Jewish center and bans you from going to church
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>>533687693
What do you mean, "solution"?

The whole point of fiat is that you can create infinity more of it... by fiat.
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>>533687693
Just sneak out with hs seniors they are 18 and easy to please.
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>>533687693
Total systemic collapse every few centuries to reset the economy. It usually happens naturally on its own.
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>>533689131
Yes if money has to be backed by something the us would literally collapse tomorrow. Can't print gold in the middle of the night.
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>>533687693
Real money



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