It's clear we cannot continue using the federal dollar. What's stopping us from using silver or any other non fiat currency today? Like really, can someone tell me that?Also, can someone inform me what happened after Roman fell with the failure of fiat? How long did it take for people to go back to reliable coin? Or what substitute did they use to immediately recover?
>>545923112>What's stopping us from using silver or any other non fiat currency today?The US military.
>>545923112You can do it, but you'll be the only one spending silver, and all your silver will get extracted from your economy, leaving you with fiat.
>>545923262So if I'm in the US, and I start using silver for transactions, or hell, just making up some currency domestically, or even crypto, what will they do?
>>545923366I was afraid of this answer. So it requires all the dumbas normies using it, too. So it'll never happen without massive adoption.
>>545923112The problem is not that fiat is unbacked, though it is set up in a bad way. The problem is that the currency is introduced into circulation as a usurous loan.Say the money supply increases 1% at an interest rate of 1% for a 10 year term.How much money do the people have left at the end of the 10 years?(100*1.01)-1.1=99.9At the end of the 10 years you 1/10th percent, or 1/1000th less money than when you started. This is the problem with debt based money creation, and there is no magic solution except to create money in a different way.
>>545923112nothing is stopping you from becoming a private banker
>>545923817All you're saying is that fiat is being used as a socialist/ communist economic vehicle to keep the elites up and the peasants down eternally. And that there is no real way to stop humans from being corrupt.
>>545923900I'm not a jew.
>>545923112>It's clear we cannot continue using the Federal Reserve Note*lol ftfy
>>545923965That bank monopoly is so gay.
>>545923699It may happen, but you're better off saving your silver as hard wealth and using cash as an intermediary form of exchange. And if you have a means of getting a dividend paying investment, whether a stock or a municipal bond or such, that's a good idea too. Metal is really just a means of non-currency savings.
>>545923912>fiatCredit-based fiat, interest-free US Notes issued by the US Treasury for the citizens to use for daily commerce (PIC REL) are VERY DIFFERENT from debt-based, borrowed, private, interest-bearing Federal Reserve Notes issued by the bloodsucking BANKRUPT NYFed, which are then also used to primarily reinvest back into the NYFed’s securities casino. (also PIC REL)‘Investing’ is just people further bankrupting the US by putting the NYFed’s private Federal Reserve Notes back into their debt-based system via the US Treasury bond/MBS market. the legislative volley between boomers and billionaires that leaves everyone out:NYFed owners say they need more taxes from social security/medicare payments to pay them interestboomers say big bank fleecing of the country is fine as long as they're getting social securityand they both continue to make laws to protect their positions, so now, effectively all wealth is going to the old and dying
>>545924025fiat' isn't the problemWHO IS ISSUING the 'fiat' IS THE PROBLEM and that the Fed's private fiat IS INTEREST-BEARING is the fucking problemFIAT, CREDIT-BASED INTEREST-FREE US NOTES ISSUED BY THE US TREASURY WORK FOR THE PEOPLE AND ARE INTENDED TO BE AN INTEREST-FREE TOOL TO FACILITATE COMMERCEFIAT, DEBT-BASED, USURIOUS, INTEREST-BEARING FEDERAL RESERVE NOTES ARE FUCKING BORROWED FROM THE PRIVATELY-INCORPORATED BANKRUPT NY FEDERAL RESERVE FRANCHISE AND ONLY ENRICH THE NYFED’S PRIMARY DEALERS AND THEIR CRONY/POLITICAL ILK AND ENSLAVE THE POPULATION IN BOND DEBT Fiat is given value BY A NATION'S CITIZENS.If the FUCKING NATION’S TREASURY is the one issuing it, fiat is not a problem.
>>545923900Just don't try using it to liberate Africa from the jews
A reminder, Federal Reserve Notes are what are being issued to worthless oblivion and>the US dollar is a fucking UNITWe need to AGAIN issue debt-free, Treasury-issued US Notes like we did before (and during) the bloodsucking, obsolete Federal Reserve. We need to AGAIN issue debt-free US Notes that are pegged to a basket of commonly-used weighted commodities, distributed by a series of state banks.We can:1 nationalize Fed banksOR2 dissolve Fed and have a series of state banksOR3 issue US Notes simultaneously AGAIN and eventually recycle worthless Federal Reserve Notes out of circulationOR4 YOU CAN RIGHT NOW: use cash/barter/stack/use credit unions/use cold wallets, these five things IMMEDIATELY transfer power directly to the peopleUSE CASH, NO MATTER WHAT COUNTRY YOU ARE IN, cash IMMEDIATELY puts the power in the hands of the people. US Treasury-issued paper fiat (aka cash, aka US Notes):>is permissionless>is private>is anonymous>has no transaction fees>works in power outages>doesn’t need the internet>don't need to be a coder to use it>doesn't depend on another party having a device>everyone knows exactly how much they have>has no transaction limits or thresholds for reporting>money laundering is harder with physical cash, due to transport>is inclusive, it does not see race>is harder to use in ransoms>can’t be hacked>don’t need to remember a password to use it>IS the ultimate in payment platforms>using cash helps people to save money and budget>puts the power directly in the hands of the people >keeps the currency near the REAL goods and services>less paperwork>is face to face, not face to screen>makes government theft harder>using cash forces the debt-based Federal Reserve to serve the citizensBoycott businesses that do not take cash.NEVER USE YOUR PHONE TO PAY. Barter is the real torpedo to these fucking clowns.
>>545923965Those silver certificates were redeemable at a pegged exchange rate to silver for years after 1964, and dealers would bring pallets of bills to exchange for silver when the rate was $1 bill to $1.1-$1.15 worth of silver. They can do it, but when foreign exchange can vaccum up the metal, it all gets taken and shipped abroad.
Notice on the top half of pic rel the NYFed squeezes out cash, which is the citizens' currency and pays its ilk the QE policies of IORB and RRP instead, while also buying houses and bonds.The NYFed clearly prioritizes enriching its private owner banks over the citizens having a currencywhy doesn't Trump ever mention this?b/c fucking Trump thinks the BANKRUPT NYFed is the housethe FUCKING US TAXPAYER IS THE FUCKING HOUSE
>>545923112Nigga WHY the fuck would you want to shackle your currency to the fact how much metal you can dig from the ground? Fiat money doesnt have any more or less value than gold. Its all arbitrary and only exists in context. A bottle of water can be more valuable than a gold bar if youre in the desert.Money only exists to facilitate economic activity, theres no point in backing it with a "real" gold value.Imagine tanking your economic growth this year because you had problems with logistics, digging and some mines rumning dry, so you could only dig um 12000 tons this year, which allows you to only increase your money supply by 1.2% this year but you have a booming automobile sector and growing population entering the workforce that increased job capacity by 150.000 this year but its hamstrung by your arbitrary low money supply because of le gold.You can hate jews and bankers if you want for plenty of other reasons, but fully committing to fiat money was one of the smartest things they ever did and has enabled the peak economic growth in the latter part of the 20th century and also benefitted you directly.
>>545923112The spaniards empire traded in silver coins, the first global currency, they kicked jews, they did things right.Then you get the slave anglo rat that basically dooms the world
the fucking incompetent, usurious NYFed thinks their IORB and RRP policies now bankrupting the US Treasury is A RUNNING TALLY THAT THEY ARE TO BE REPAID (today, the bankrupt Fed franchise is ~$232 B in the hole)so essentially, the NYFed is trying to ROB US TWICE kek WITH THE SAME FUCKING CONthere are FOUR ways currency is created in the US:1 Congressionally-approved Public Issues treasuries for deficit spending via the issuance of marketable US treasuries sold by the NYFed’s primary dealers aka Debt Held by the Public (now ~$39 T)2 Intragovernmental Debt GAS securities (aka ‘Unfunded Liabilities’) that are created/issued for currency to run public agencies (over ~$134 T now) and ARE PURCHASED WITH YOUR PAYROLL TAXES3 The commercial tier 2 depository banking sector, it makes small loans in which only the interest remains in the banking system after the loan is paid back (the principal and repayments are destroyed when the loan is repaid) —this can remain when the Fed is dissolved4 QE, this is fucking counterfeiting by the now-insolvent NYFed's primary dealers since 2008 via IOER (now called IORB) and we pay all sorts of interest on this, increasing every day with raising rates (PIC FUCKING RELATED)
>>545924272remember:ANY CURRENCY HAS MULTIPLE FORMS* and that includes fiat as a formI see these arguments: >we have to use all gold>we have to use all crypto>we have to use all fiat>we have to use all digitalas ways to SHUT DOWN DISCUSSIONit is ridiculous to suggest A SOLE FORM OF ANY CURRENCY
kek you guys see this?paraguay largest bank became digital and then collapsed lol>froze savings of 3M customers
>>545923661Plenty of city's have their own currency tokens. That's fine. You can't refuse dollars though. Your city's token can be a little piece of silver or gold or bismuth encased in acrylic.
>>545924272Free trade has been a detrimental to all countries. Jews need to gtfo
>>545924473>You can hate jews and bankers if you want for plenty of other reasons, but fully committing to fiat money was one of the smartest things they ever did and has enabled the peak economic growth in the latter part of the 20th century and also benefitted you directly.Then I want Hitler's version.
>>545924855**sorry it was the largest digital bank
>>545923699You can use paxg though
>>545924522I keep hearing silver is the way.
>>545924903>You can't refuse dollars though.Yes I can.
>>545923112Fiat is good. You are a broke dumb ass. Leave monetary policy to the people that know how to make money.
>>545923661i had a friend that made his own currencyhe was a postmanhe owed a credit card debt he felt was unjust and literally created his own currency kek and then he said they refused his payment
>>545924522How long did that last?
afk bbs if you guys are still here
>>545924473This of course only works if you think the average person is intelligent enough to recognize that the dollar has value but stupid to see they’re getting fucked over by the mechanism in which gives it value. So, what happens to the domestic population it’s issued to when it ceases to be strong enough to buy common shit? They just die, because they’ve been generationally conditioned to believe it’s worth something and the people running this shit have shown that they can just disable it at the drop of a fucking hat. Again, fiat and banking is a tenet of central banking which requires communal recognition that something has value when it physically doesn’t. It’s an abstract metaphysical system and it doesn’t serve anyone except the people issuing the currency, who are not 97% of the worlds populations.
>>545924473Because it is an antidote to greedy money issuers.
>>545925116It does annoy me how utterly ignorant most people are of currency. Even the smart political podcasters that exist today. I literally had to dig up people who have actually been speaking about this stuff for ages. And the gold/ silver guys keep saying "I told you so"
>>545924947Hitler openly backed his currency with the work produce of the people, which is the correct understanding of money, and issued debt free currency on that basis. Imbalances aside it is the safest system yet, as it neither impoverishes the people, nor prohibits foreign interests from using or holding said money.
Means of transaction being a profitable product is lame.
>>545925292So compared to the day, the dollar effectively makes us slaves, is what youre saying?
>>545925296I had to think about this today. Why the fuck are we farming dollars in this economy with no work behind it? It's so...alchemic. Then I realize alchemy was headlined by jews.
>>545924473>Nigga WHY the fuck would you want to shackle your currency to the fact how much metal you can dig from the ground?it imposes disciplinepoint is valid, money is a social construct,but if there is no discipline, it is ultimately worthless
>>545925609/thread
>>545925071Until uk and us joined hands and kicked spain, basically the anglos were already jewfied to the brim, ww2 was the perfect catalyst for them to place the federal reserve without anyone stoping them
>>545923112Nothing. Except the shareholders of the corporate state known as The USA (same people who own shares in central banks) won't like it.
>>545923112good luck getting your local store to take silver shavings for your cart of food
>>545926694You do know that this happened not only in Weimar but in Venuezuela as well right?
>>545923112It's worth listening to Dollar Milkshake guys, to a point, short to medium term.Briefly, it's the network effect that keeps the USD entrenched. E.g., swaps enable frictionless cross border payments, and USD balances count as High Quality Liquid Assets for collateral.Slowly those powers frozen out of SWIFT are mounting their own parallel network, but it can only go so fast.
>>545926986I don't live in weimar child prostitute germany or [random turd-world country here] so I don't care. Even when this country collapses it'll never be post-aparthied south africa tier terrible
It's jews
>>545925036that guy is a retard.
>>545927578naturally
>>545923112COLLAPSE
>>545923262Finally someone gets it. Look into the history of fiat. Its only purpose is to reward/serve military people. The government is nothing without a military.
Bump
>>545923112You're better off investing in S&P500. It consistently outperforms gold as a store of value.Just saying.
>>545923112>What's stopping us from using silver or any other non fiat currency today?The fact that stores won't except them.
>>545925237these greedy money issuers already have the gold. They always did. How do you think they could start money issuing ?
>>545923112>Also, can someone inform me what happened after Roman fell with the failure of fiat? How long did it take for people to go back to reliable coinThey started using stablecoin in White Catholic medieval europe
>>545931017>invest in jew stock market No.
>>545924654there's still a couple of us real people here reading ya and nodding our heads
>>545923112>why is the gold stock soaring in recent times?—
>>545931475>Don't invest in anything with reasonable ROI, goy! Only Jews are allowed to do that!>You should be buying gold from Jews instead!
>>545923112There is a conspiracy theory that fort Knox was drained. One of my consulting clients wrote a book about it.If you don't have physical gold you might not have gold. And back in (I want to say the 30's) after the sinking of the titanic took away all the living obstacles to a central money printing bank, the government forced everyone to sell their gold at a shifty price and made gold ownership illegal. What got jfk killed was trying to go back to a silver standard so what became the modern zionists could not print money and steal the world from people who weren't conniving evil fucking rats.
>>545923112Both is happening afaik.Money is inflating.Gold is growing faster than inflation afaik.
>>545931676The stock market is a literal zombie and fake industry prospects.
>>545923112https://pastebin.com/3TQ835QD
>>545923112Dumping The Jew IOU,Would allow the Jew cause to salt the earth with cobalt. Terrorism, murder, by The Synagog of Satan is why we are not allowed to press and laminate the egyptian-grand canyon or yamashita's gold horde. Because the jews have to have the magic interest on a printing press of any kind, or else.
>>545923112How did mutts not gone exinct when every week a megafaggot comes and thinks money should be done with precious metals?
>>545932563Whatever it is, it's consistently a more reliable store of value than shiny bricks.
>>545934442It has no store of value, thats the very reason its so volatile and has shot down right now. It's a jewish trick to say stocks are valuable.
>>545923112>>545923112>It's clear we cannot continue using the federal dollarIs it? Is it clear?I don't think that's true.The USA has a massive military advantage over the entire world and that's all that matters. Until another nation can physically conquer the USA the USA will remain numbah wan!The US dollar will continue to go strong?
>>545934722It doesnt matter how much violence they have, it eventually runs out cause human suffering and patience can only run so thin. And the market does not care about the military.
>>545934855>human suffering and patience can only run so thinThis is not true.It's simply not true.We dominate the world and citizens of the world accept it and they just don't care. They will do nothing to stop us.You should be out in a re-education camp.
>>545934924alright, jew
I'm hoping to have a great many PMs once certain investments grow
>>545935024>alright, jewYou have nothing in your arsenal that can harm me or to defend your viewpoint.You're an ant in the afterbirth.You're nothing, you're a no talent!
>>545923112>What's stopping us from using silver or any other non fiat currency today?You're forced to participate in the fugazzi dollar economy because uncle Sam only takes your taxes in dollars.
>>545934552Yes it consistently outperforms gold. Your crying will not change reality.
>>545935390But what if you avoid making taxes?
>>545934722>The USA has a massive military advantage over the entire worldLost in KoreaLost in VietnamLost in IraqLost in Afghanistan Lost in IranThe only war we've won in the last 100 years was ww2, and even then an intelligent person will argue the Russians had already won before we even showed up.America is a paper tiger, possibly the biggest in history and we would get absolutely buttfucked if the chinese took us to the matt.
>>545935467"outperforms gold"Gold and silver true prices are still not discovered.
>>545935549Not possible.If you own property it is taxed, if you dont own property the gestapo murders you for sleeping outside.
>>545923112> its clear thing that I already believe is actually trueSure anon. I hope you make lots of money from investing in gold.Just remember, something that is true today may not be true tomorrow. That distinction is what will make or break you as a person. Knowing when your beliefs are no longer reality, and acting accoridngly.
>>545935575There's no such thing as a "true price," retard. Everything is worth what the purchaser will pay for it. The value of gold is every bit as arbitrary as the value of paper.
>>545935736Central banks are hoarding the fuck out of it. The only reason people arent realizing its true price is because they are still distracted by the jew magic known as fiat. And the miliary is keeping everyone too occupied on resources to even consider it.
>>545935905>Central banks are hoarding the fuck out of it.There is no hoard. Fort Knox is empty.
>>545936082fort knox is not a central bank faggot
>>545935905Reading comprehension.The "true price" is whatever it sells for on the market. Whether that price is being influenced by hoarding behaviors or not is irrelevant. We could switch to an iron, coal, or copper standard and the value of currency would just be based on public perception of those commodities (and faith that a fair exchange will actually take place) rather than directly based on faith in the nation's monetary system. At the end of the day it's all arbitrary.
>>545935467Oh man xD What are your thoughts on Bitcoin?
>>545936245Just another fiat and its success is a perfect example of why gold spergs are retarded.
>>545936360I dont think you know what fiat means
>>545936360There are many blind men leading one another here ITT, but you're their leader.
>>545936392Currency lacking direct representative value to a physical commodity.Its value is directly tied to the public perception of the currency itself rather than any good it is declared to represent.
>>545936622>Currency lacking direct representative value to a physical commodity.Bitcoin value comes from the electricity and time spent deducing the mathematical equations of the digital ledger. Its value also comes from being a limited resource and also being the most convenient source of exchange in the global world. The fact globalist jews refuse to use or adapt it means its not a tool of control for them despite being the best economic model of exchange. It passes the limitus test of being for the people and by the people.
>>545936761>Bitcoin value comes from the electricity and time spent deducing the mathematical equations of the digital ledgerThat's not true either. Bitcoin mining was, for a very long time, a net loss in most markets because the cost of electricity was greater than the value of the bitcoin acquired.This shit actually caused a near-crisis in Venezuela because electricity was purely subscription based so people started mining the fuck out of crypto and causing strain on the grid.That said, the scarcity of bitcoin is arbitrary in mostly the same sense as USD. So you can't make that argument either.
>>545923661Probably send the IRS after you. The process is the punishment, even if they don't find anything illegal.
>>545937128>That's not true either. Bitcoin mining was, for a very long time, a net loss in most markets because the cost of electricity was greater than the value of the bitcoin acquired.You keep underminding the true value of bitcoin: it's limited supply and ability to be transferred peer to peer across a synchronized network. Its an exchange and cannot be reproduced.
>>545937128>>That said, the scarcity of bitcoin is arbitrary in mostly the same sense as USD. So you can't make that argument either.No it isnt. Trillions of dollars of debt and the fact companies are throwing around billions of dollars to buy out each other shows there's very little scarcity and a whole lot of fake monopoly money.
>>545937128>>545937334I'm sorry I brought it up. This is worse than >>>/biz/
>>545937334I'm not undermining bitcoin. I'm just saying that for all practical purposes it functions as fiat. And that's fine. My entire thesis is that there's nothing inherently wrong with that.>>545937384There's nothing really stopping you from crediting against bitcoin. As long as you can maintain confidence and trust that you will pay back what you owe in bitcoin then you can remain solvent indefinitely. You could do the same thing with gold, too. Credit is just a layer of abstraction on top of a currency system rather than a feature intrinsic to any.
>>545937658>I'm just saying that for all practical purposes it functions as fiat.You've yet to tell me how you can print bitcoin out of thin air, the #1 thing that makes the dollar fiat.
>>545923262The US what ?
>>545937658bitcoin makes credit discouraged, and has always been a jewish scam.
>>545937723Bitcoin is constantly "printed out of thin air." That's literally how it works. The issuance occurs approximately every 10 minutes or so and the predetermined reward is distributed proportional to the solved hashes.>>545937770May I ask why you think that's relevant to the point being made?
>>545938074>Bitcoin is constantly "printed out of thin air."As retarded as this understanding is to you, you do know eventually, that mining becomes slower as you reach the limit and then eventually you cannot print anymore after 21 million? Are you that dense?
>>545938196The reward is halved every 2 years or so. Yes. Do you think that makes this scarcity less arbitrary?
>>545938269Its fucking scarcity. The USD is infinite, retard, and there's no oversight of who gets the money and when.
>>545938439USD production is determined by the federal bank. And issuances are determined by Congress. Bitcoin is determined algorithmically on both ends. You can argue Bitcoin is more robust of a system than the US monetary system. And I wouldn't have much to argue about there. But claiming Bitcoin's value is less arbitrary than USD is just wrong.If bitcoin couldn't be purchased with USD, its value would plummet on the global market.
>>545938690>USD production is determined by the federal bank.It's determined by jews who run it. It's as simple as that. If this was being ran by an automated system, you may have an argument, but everything else falls flat with anything you are trying to say.
>>545938883You're special pleading.>b-but it's different when a computer does it!No. It's not.
>>545938992A computer with a finite set of instructions that is open source would be the solution. I dont trust anything from a jewish controlled institution.
>>545939041That's all well and good but you're arguing irrelevancies. There was a moment when the program was being written by a human. At some point, he settled on some algorithm that would determine how much bitcoin should be awarded, at what time interval, and how these numbers should evolve.There was an instant where someone, literally just some guy, plucked some numbers out of his ass and said "yeah, that sounds about right."The explosion of value that bitcoin had since is due, in no small part, to the trust that investors have that it will act as an adequate store of value. Nearly all of these stake holders have the end goal of exchanging these "coins" for legal tender.
>>545939618Nothing you said disputes anything I said. It just sounds like typical jewish babble.
>>545939696Because nothing you said actually contradicts my point. Bitcoin is a fiat. There is absolutely nothing wrong with fiat. It's gold spergs I entered this thread to shit on.Trace the actual conversion we just had and you'd understand that your argument isn't relevant to anything.
Yeesh
good thread
>Let's use a finate metal as a medium of exchange even though the production of goods and services grows faster than the supply of that metal. What could go wrong.Gold/silvertardation is an easy tell you're talking with a low IQ individual, same as people who complain about loans with interest.
>>545923112thre is not enough gold or silver to accomodate coinage for 450 million muttdards, let lone 8.x billions.
>>545923112The US Dollar is not beneath the satanic jews. The US Dollar is backed by God. There is no trust in jews, and there is no worth in jews. You will not grant them that much credit. And I alone will dominate all 4gaslightspam.org from Penis Cutting Cult always.
>>545923112>It's clear we cannot continue using the federal dollarOh really?>what's stopping us from using silver or any other non fiat currency today?Nothing is stopping you, go for it.
>>545942530>thre is not enough gold or silver to accomodate coinage for 450 million muttdards,There's enough silver to be used for transactions because prices drop drastically with precious metal.
>>545942841do you believe perpetual deflation is good?
>>545943186Yes. Especially with limited currency.
>>545943186actually let me clarify my answer. Inflation and deflation are words meant to redirect and trick you into thinking "going up good, going down bad." They are drastically different from what the point of them are. In fact, they are a nothingburger meant to confuse.
>>545943186He's a precious metal sperg, of course he doesn't understand basic economics.>>545943348The most obvious problem with deflation is it fucks over debtors. If you take a loan, (eg. to start a business) and the currency increases in value, now you effectively have to pay back more. Debt payments become more oppressive.Constant deflation is corrosive to economic growth, generates a class of permanent debt slaves, and creates a barrier to social mobility while further enriching lenders.>b-but we see these things with our current system too!Deflation makes these problems worse by its very nature.
>>545943796>If you take a loanThere's your problem, jew. Usury should be banned.
>>545943883Loans are not inherently usury, retard. This exact problem occurs with 0% interest.
>>545944012Loans at 0% is different, yes. But they are not required for a functioning economy. They're just a different strat in a sound money system where someone takes a risk for another risk.
>>545923112>What's stopping us from using silver or any other non fiat currency today?The bankers and the governments they control. You are forced to get paid in FIAT and pay your taxes in FIAT. If the government didn't force the people to use them, FIAT currencies would collapse all the time.
>>545943348let me give you some examples why deflation is baddeflation means that after some time anything you'd have bought with siver would cost less silver, so the price of anything in silver would be fallingthat means that if, lets say you take out a loan in silver to buy a houseeven if there was no interest the value of your loan would grow every yearthis wouldn't be too bad if you had a reliable salary in silver, but due to silver growing in value every year, nobody is going agree to give you the same salary next year since it's worth more nowso for any entity anywhere in the economy taking out a loan is a bad move across the board, this includes loans for people trying to buy things or for companies trying to do investment, the whole economy delays spendinganything you can do with your money is weighed against just sitting on your money waiting for it to gain value, I think it's fairly obvious that an economy of people sitting around on shiny mental isn't an economy making a lot of things, which is the actual wealth
>>545944142>deflation means that after some time anything you'd have bought with siver would cost less silver, so the price of anything in silver would be fallingThat'd a good thing, kike.>that means that if, lets say you take out a loan I DONT FUCKING CARE FOR YOUR USURY, KIKE.
>>545944140Nothings stopping you except no one wants your garbage rocks.Everyone prefers fiat because its better
>>545944328>Everyone prefers fiat because its betterIf it's better, why does the US government arrest you, jail you, and sometimes kill you if you try to go outside it?
>>545944087Loans are how social mobility happens. No matter how bold, intelligent, and hardworking someone is, there comes a point where they take a loan in order to expand their operation. Constant deflation just adds another barrier to that.You can argue equity stakes (as seen in many Islamic banking systems) are a more fair way of doing things. But loans are generally seen as the most straightforward means to elevate oneself from one social class to another.
>>545944211if you actually read my example, the loan doesn't need to have interest to prove my pointwhy loans need to have interest is a seperate arguement which we don't need to have before we finish this oneas I put it, deflation is effectively an interest rate on the loan, even if there is no actual change in the silver ammount you have to pay back
>>545944393Use wooden nickel or retard rocks no one cares.
>>545944328No lmao. In Greece your employer is forced to pay you in euro, and all the taxes get paid in euro. If you have gold and want to spend it, you have to convert it to euro first before making any transaction. If barter trade was legal, everyone would do it to bypass the 24% VAT tax.
>>545923112I seem to recall goldbugs having an issue with silver in the late 1800s that they conveniently memory-holed.Anyone care to refresh the thread's memory?
doesn't matter what faggot tokens you're usingwhat matters is whether the government is disciplined and accountable, i.e. will the people go murder politicians if they misbehaveirresponsible governments of the past adulterated their metal coins and seized privately owned gold, and they got away with it because the public was too stupid to understand economics and didn't do shitthere are no good (monetary) systems, only good people
>>545923661>what will they do?You'll get locked up for counterfeiting charges
>>545944393The US government doesn't interfere with anyone making private transactions. If a grocery store wanted to only accept some metal or other commodity, the US government would not stop them.What the US government does instead is tax you in US dollars. So regardless of what currency or commodity you would like to trade in, you will need a certain amount of US dollars to meet your tax obligations.
>>545944983You can barter in Greece you just owe the vat based on euro values.No one uses gold and silver because its inferior. You would lose 20% on every transaction made in silver
>>545945217>The US government doesn't interfere with anyone making private transactionsKek. I assure you, the second you attempt a parallel economy with silver coinage, you will be served charges for counterfeiting.You may not understand this, but jeapardizing the us banking system means you will incur their full wrath
>>545945217>The US government doesn't interfere with anyone making private transactions.what are taxes and what is auditing
>>545945217Exactly. The idea that people want to use silver is retarded. No one in the world uses silver as money because its shit
>>545945380You can't be served charges for counterfeiting for running a business where you'll only accept silver as payment. Because you're not counterfeiting US dollars.I would imagine your business would go out of business for lack of people capable of transacting only in silver before the US government even knew you existed.But if you paid all of your tax obligations in US dollars, the US government would not do anything to you for running a business where you only accept silver as payment for the goods and services you offer.
>>545945504actually there's a precedent where you can be taxed for non USD transactions...in USD. I know, it's fucking gay, but unfortunately it's a thing
>>545923112This is now an usury redpill thread.The Biological Jew by Eustace Mullinshttps://www.eustacemullins.us/wp-content/works/Articles/Eustace%20Mullins%20-%20The%20Biological%20Jew.pdfCulture of Critique by Kevin MacDonaldhttps://www.nationalists.org/pdf/culture-of-critique-kevin-macdonald-kindle-edition-2013.pdfThe Riddle of the Jews' Success by Theodor Fritschhttps://www.der-stuermer.org/english/Theodor%20Fritsch%20-%20The%20riddle%20of%20the%20jew's%20success.pdfEconomics for Helen" by Hilaire Belloc, the greatest economics primer ever writtenhttps://archive.org/details/economicsforhele0000bellThe Spirit of the Law by Montesquieuhttps://archive.org/details/spiritoflaws01montuoft/page/n9/mode/1upThe National System of Political Economy by Friedrich Listhttps://archive.org/details/nationalsystemof00list/page/n6/mode/1upThe Servile State by Hilaire Bellochttps://legiochristi.com/static/lit/H_Belloc_The_Servile_State.pdfManifesto for the Abolition of Enslavement to Interest by Gottfried Feder https://archive.org/details/manifesto-for-abolition-enslavement-interest-on-money-gottfried-federPrinces of the Yen by Richard Wernerhttps://professorwerner.org/pubs/princes-of-the-yen-japans-central-bankers-and-the-transformation-of-the-economy/(can be found on Annas-archive)Documentary version (the book goes much deeper)https://youtu.be/p5Ac7ap_MAYKILLING THE HOST: How Financial Parasites and Debt Bondage Destroy the Global Economy by Michael Hudsonhttp://digamo.free.fr/hudson15.pdfHitler's Revolution by Richard Tedorhttps://archive.org/details/hitlers-revolution-expanded-edition-richard-tedor_20230406_2240NATIONAL SOCIALISM NOW! by William Joycehttp://www.mourningtheancient.com/joyce2.pdfTHE NEW UNHAPPY LORDS by A. K. Chestertonhttps://ia803109.us.archive.org/13/items/TheNewUnhappyLords1965/1965%20-%20New%20Unhappy%20Lords%20-%20A.%20K.%20Chesterton.pdf
>>545945578Okay, right. But that's how the government enforces the circulation of its otherwise worthless currency -- through taxation. Taxes drive money.But I'm saying that the act of you only accepting silver as payment is not what would trigger anything -- and you're agreeing with that. It would be non-payment of taxes, which is not counterfeiting.
>>545945663https://files.catbox.moe/wpd51z.mp4https://files.catbox.moe/r6ssdc.webmhttps://files.catbox.moe/ldl7sb.mp4https://files.catbox.moe/sj7vth.webmA History of Central Banking and the Enslavement of Mankind by Stephen Mitford Goodson.pdfhttps://files.catbox.moe/r3y9h1.pdfHidden-Origins-of-The-Bank-Of-England-Stephen-Goodson.pdfhttps://files.catbox.moe/hym5z9.pdfStephen Mitford Goodson - Inside the South African Reserve Bank_ Its Origins and Secrets Exposed-Black House Publishing.pdfhttps://files.catbox.moe/csv4cm.pdfStephen Mitford Goodson - The Genocide of the Boers.pdfhttps://files.catbox.moe/ri31na.pdfcoins-financial-school.pdfhttps://files.catbox.moe/epcldv.pdfUS_Money_v_Corporation_Currency.pdfhttps://files.catbox.moe/ukvdzl.pdfThe Creature from Jekyll Island - Griffin.pdfhttps://files.catbox.moe/un1v1d.pdfRogers_N_W_-_What_price_Federal_Reserve.pdfhttps://files.catbox.moe/50i0we.pdfRothschild-Financial-Rulers-of-Nations.pdfhttps://files.catbox.moe/2q9apf.pdfThe Reign of the House of Rothschild.pdfhttps://files.catbox.moe/gt5bly.pdfThe-Rise-of-the-House-of-Rothschild-1928.pdfhttps://files.catbox.moe/4rjylf.pdf
>>545923366This is the paradox of sound money. It’s been known for hundreds of years. People horde good money and spend bad money. All the fiat shills laugh at gold and Bitcoin for their relatively low circulation but they don’t understand history at all.
https://www.youtube.com/watch?v=iT4JLIuFhaA
>>545945739>that first videowondering when we finally kick jews out of US
>>545945504To his credit, a massive barrier to doing something like this is the Fair Labor Standards Act of 1938.If your business has any employees, any scrip you provide must be redeemable in legal tender by the employer. So even if you do choose to only accept your silver certificates as payment in store, you're going to still need the legal tender to fairly compensate your employees as well as fulfill your tax obligations. And if you're not accepting legal tender in store, then you're gonna need to find a way to obtain it elsewhere.There's a lot of history behind why this law exists. Entire mining towns were established running on company scrip which basically locked their employees in a state of effective slavery to the company that's "paying" them in a currency only they accept.
>>545945504>You can't be served charges for counterfeiting for running a business where you'll only accept silver as payment. Because you're not counterfeiting US dollars.You can spitball this with your lawyer, lmao.
>>545945875When real yanks get their asses in gear. Unfortunately NPCs won't do anything fren.
>>545945950Technically he's right that it's not counterfeit. But the situation is a lot more legally touchy than he seems to understand.See >>545945893
>>545945893>There's a lot of history behind why this law exists. Entire mining towns were established running on company scrip which basically locked their employees in a state of effective slavery to the company that's "paying" them in a currency only they accept.Yes, I agree. And at the end of the day, that is where the "competing currencies" crowd would like to take us back to, whether they have the guts to say it out loud or not.We take it for granted that these days your retail bank money trades at par with central bank money.
>>545946018>>545945663List of Threads:Elite Bloodline Round Table Group/WEF/Bilderberg Group/Trilateral Commission Members (Part 1)https://archive.4plebs.org/pol/thread/370693820/Elite Bloodline Round Table Group/WEF/Bilderberg Group/Trilateral Commission Members (Part 2)https://archive.4plebs.org/pol/thread/438769754/Elite Bloodline Round Table Group/WEF/Bilderberg Group/Trilateral Commission Members (Part 3)https://archive.4plebs.org/pol/thread/457828884/Elite Bloodline Round Table Group/WEF/Bilderberg Group/Trilateral Commission Members (Part 4)https://archive.4plebs.org/pol/thread/495127074/Elite Bloodline Round Table Group/WEF/Bilderberg Group/Trilateral Commission Members (Part 5)https://archive.4plebs.org/pol/thread/502288043/Elite Bloodline Round Table Group/WEF/Bilderberg Group/Trilateral Commission Members (Part 6)https://archive.4plebs.org/pol/thread/518174334/Rockefeller Foundation, Rockefeller Brothers Fund and Rockefeller "Philanthropy" thread.https://archive.4plebs.org/pol/thread/367027212/Memoryholed/Redpill Documentaries, Articles, Videos, etchttps://archive.4plebs.org/pol/thread/356397077/Elite Bloodline Central Banking Members (Part 1):https://archive.4plebs.org/pol/thread/419378896/Elite Bloodline Central Banking Members (Part 2):https://archive.4plebs.org/pol/thread/509362925/Information on Rothschild family:https://archive.4plebs.org/pol/thread/380174569/List of Roundtable Group member CEOs, Board of Directors and executives.https://archive.4plebs.org/pol/thread/383999350/Depopulation Writings and information:https://archive.4plebs.org/pol/thread/385383532/Russia in the Shadows by H.G. Wells Analysis:https://archive.4plebs.org/pol/thread/410957172/Fabianism and the Empire: A Manifesto by the Fabian Society by George Bernard Shaw Analysis:https://archive.4plebs.org/pol/thread
>>545923112you dont have to ditch dollar, just stop printing it and it becomes gold overnightexpect debtfags to cry thought that they cant steal money from future anymore
>>545946089Bro it doesn't always matter if you're right. This is a lesson for a child.
Big Silver spends millions shilling silver to idiots because they produce twice as much as industry needs. Thats the only reason people say it should be used as money because they are brainwashed
>>545923262this
