The solution is to bring back the Gold standard
>>541031258That would collapse nearly every Western economy which is exactly why Russian Nazis keep shilling it hard mode.
>>541031258We do not mine enough gold to keep up with the population or the growth of the economy. Mining yields have been terrible for decades.That means a gold standard is inherently deflationary, which is very bad for the economy as nobody invests their money into new ventures or expansion.It also means the government can go bankrupt. Of course that is only marginally worse than the government getting out of a tight fiscal spot through inflation, but I would argue it's worse
>>541031258That only works if your economy is tiny, e.g. BRICS shitholes (minus C).
>>541031258How do you distribute the gold? Most of it is already owned by (((bullion banks))) and such.
>>541031406Deflation works just fine with a gold standard. Deflation in a fiat monetary system is the death knell. Either way, it doesn't matter because all fiat currencies fail. All reserve currencies fail. The national debt is increasing exponentially now so it's only a matter of time before the interest owed on the debt hits a catastrophic inflection point.Games already over.
>>541031258Also solution to what?
Europe, Russia and China would win if a physical gold standard physical silver standard were able to land into normalcy. So the USA won't let it happen, money is shabis tickets emitted by the kid killing judeachristian.And even suspending disbelief an ounce of gold goes up to 500 thousand USD per ounce where it belogs untethered from Judah's MLM Ponzi, all you're doing is rewarding the people who can mine it the fastest and briefly everyone's job becomes digging a hole in your back yard and sifting it through a centrifuge to pull out the 3 grams of precious metals that you could retire with. And when everyone does that the price comes down a bit because Remphan and Judah cut the shabis in on the MLM nigger tickets, to stop the gold standard from prevailing.So no, not gonna happen, not a snowballs chance in hell. You'll have to defeat the US Navy and sink all of its ships first.
>>541031258Not feasible, projects cost more than all the gold in the world.
>>541031515That's what every superpower in history said right before the reserve currency died. It's inevitable.
>>541031470>The national debt is increasing exponentially nowNo shit. So is GDP and the money supply.
>>541031561>actually referring to the GDPlol, lmao even. The GDP calculation is as bullshit as the inflation calculations they change all the time to hide it.You faggots do realize at no point in history has a fiat currency or a reserve currency EVER survived right? It's 100% guaranteed to fail. >this time will be differentNext level tardism.
>>541031339>implying the west isnt already collapsing>just spend beyond your means goyDestroying the fed and repealing the 19th are the only things that can save this country.
>>541031637>You faggots do realize at no point in history has a fiat currency or a reserve currency EVER survived right? It's 100% guaranteed to fail.And you faggots say this ad nauseum. It's retarded because to any counterexample of a successful fiat currency you just reply>it'll collapse any moment, just two more weeksSuch sweeping statements are unserious and not worth engaging with
>>541031406>That means a gold standard is inherently deflationary, which is very bad for the economy as nobody invests their money into new ventures or expansioThe history of the US disproves this
>>541031780USD has lost 56% of its purchasing power in the past 30 years
>>541031780>successful fiat currencySurely you can point to one yes?
>>541031920Read the first line again so you know what "that means" was referring to
>>541031941British pound, US dollar>>541031934not a relevant measure of a currency's success, unless you think a currency is supposed to be a long term store of value (it's not)
>>541031406>>541031470>>541031920The Deflationary Boogieman is a total nothingburger. Deflation is good for the Shabis Formica and bad for the Jewish Polyergus.https://www.youtube.com/watch?v=5TELYlmgfdY
>>541031980yea that's what I thought, you're a fucking retard
>>541031406Then used tokenized gold, retard. .or other strategic metalsIf you encase it in plastic: you can even use small amounts of osmium.
>>541032017>2 more weeks, they will collapse any second
>>541031951Are you under the impression the US population is exploding right now? Especially if we actually deported all the illegals, theres going to be 20 million less people here. Your alternative, printing money out of thin air, is going to kill us faster than that.
>>541031980Kys keynesian kike
>>541032040>Especially if we actually deported all the illegals, theres going to be 20 million less people here.that's a big if my friend
>>541032039I hope your entire future is dependent on it not happening, so when it does you're so fucked you neck yourself upon the realization of your retardation.
>>541032083Is that supposed to prove something? The purpose of currency is not as a long term unproductive store of wealth. No serious person wants it to be.
>>541031258>The solution is to bring back the Gold standardNixon always intended America's leaving the gold standard to be a short, temporary adjustment.That the banking jews wanted to print infinite debt-money forever is why they eliminated Nixon.
>>541032095>just two more weeksYou have no argument. All you can say is "every fiat currency has failed (except the ones that haven't)." You're deeply retarded.
It’s worth as much as you say it is; the enemy knows this as well. But remember the president is minted on the coins.
>>541032093No shit kek>>541032109Thats what money is. Anything is is turbo jewish bullshit, I get gold standard has some flaws but we've had 100 years of fiat faggotry and it failed. Go observe the price of rope if you want something to speculate on.
>>541032177*anything else
>>541031258implausible in today's economy. Not to mention, the sheer logistics of it are reality-bending.We're already on the fiat highway straight to hell, the time for returning to normalcy is long gone.Embrace the kali yuga, anon.
>>541032177Currency is a unit of account. It is there to facilitate transactions. Absolutely nobody is stopping you from owning gold if you still want a long term store of wealth, but the function of currency is not the same.I personally believe money was invented so the state could levy taxes and penalties, but that is a harder claim to defend.
PMs are a shitcoin, you don't want that
>>541031258Gold has been much more volatile this year than euro or dollar.
>>541032279Transactions are an exchange of stored wealth. If you dont save your money (store your wealth) how would you ever make a large purchase that requires budgeting to acquire. The economy moved just fine when there was a gold standard, slower growth than now but without the hangover of inflation. Money was created because you cant trade a cow for a sack of berries, not that complicated.
>>541031406first you herp>then you derp
>>541032607>how would you ever make a large purchase that requires budgeting to acquireExactly the way people do it now. You use your money to buy liquid assets, which can be quickly sold when needed. Stocks if you wish to speculate, debt (bonds) if you just want to avoid risk. You can buy precious metals as well, but they are a bit less liquid. Land is the least liquid but also where most people in the US today have most of their wealth, although that's because of several other factors.>Money was created because you cant trade a cow for a sack of berriesYou absolutely can. However if you're a warlord setting up a proto-state, taking a physical cut of every herd of cattle or berries isn't very useful. Some states have been forced to do that (e.g. during feudalism) but it's just a worse system. If you mint currency, you can demand it from your populace in taxes, which cascades down and forces them to value all their goods in your currency in order to be able to sell them to pay your tax. This is the chartalist theory of money if you're interested
>>541031258You need a bimetal standard, i.e. gold and silver.
>>541031934>trumplets didn't know it was 90% lost at this moment all thinks to trump's taxes
>>541032811Its an interesting thought but not very compelling. Seems more likely that the barter system failed and required a solution. They didnt have to create money to tax people because they had taxes way before money was invented, in fact the gov taking taxes via physical goods was probably in their best interest since it was easier to round up.
>>541033368It's too sweeping a claim imo. You can point to numerous improvised currencies in stateless areas throughout history. The kernel of truth is that the moment someone starts demanding taxes, they get to decide what the currency is and everyone immediately falls in line.
>>541033368>They didnt have to create money to tax people because they had taxes way before money was inventedYes, and "money" under those systems ended up being whatever was being taxed, usually grain. It was very shortly replaced by tokens representing grain, which is why all the early currencies were named after weight-measurements.
>>541033483Well thats true. All this is kinda moot though when your complaints about the gold standard seem trite and we're living in a literal clown world right now after trying 100 years of fiat experiment. Why cant you just admit it was a failure? Spending more than you own is not a feasible long term solution for anything.
>>541033577Youre not suggesting grain was invented so it could be taxed are you
