9f1b8f No.5448205
I don't know very much about economic matters, so excuse my ignorance if it appears.
From what I can tell, the money we use today as no real backing. Sure, the dollar is linked to Crude Oil if I'm correct, as the US controls most of it and transactions overseas and between countries are measured in USD, but in reality, the dollar has nothing to back it.
Now, when you have nothing to back a currency, I can only assume that the value is only what people give it, so if you print more, it's worth less, and when you have less, it's worth more. A number of factors are also included, but keep it simple (ish) for me.
Now, when you do have something to back the currency, you can only print so much of the dollar. So that way, the government can't print X amount of dollars to fund shit they can't afford, and the dollar won't lose its value as long as there's enough gold to back it.
So, am I completely wrong? Am I missing something? Why aren't we using a gold standard, or a gold and silver standard? Or just something that isn't cooked up in a Jewish think tank to give an arbitrary value to the American Dollar?
bebb13 No.5448249
>>5448205
The gold standard puts the power of a currency in the hands of gold traders and can be destabilized by interplanetary mining.
A labor backed currency is the only way to draw value from the contributions of a nation's people, and grows with the production of it's people.
98fcf6 No.5448277
>>5448249
>interplanetary mining
55413d No.5448288
Can be better than nothing, but it doesn't stop jews from controlling your banking system, and you're still fucked in that situation.
dd9184 No.5448295
>>5448205
America will shrivel up and die if it cannot create money out of thin air.
b74593 No.5448308
Wouldn't gold be a very poor material to make armour out of?
f79d7e No.5448320
The US dollar and all fiat currency runs on supply and demand.
If demand for a currency is high and supply small then its value is high.
The global demand for US dollars is pretty high thanks to it being a defacto middle currency for global trade, the primary currency for oil trading, widely held as US debt by foreign nations and actually used as the defacto currency in a number of middle eastern and african nations.
They keep pumping out more to meet this global demand and prevent massive price inflation for home consumers.
The Pound sterling meanwhile is a popular currency for international financial transactions being one of the three big currencies on this front.
It's also a popular wealth storage medium for non-governmental individuals and bodies on the basis of its consistent value relative to other currencies.
Gold backed currency is still determined in terms of value by supply and demand but its the golds value that is relevant not the currency's.
30cd70 No.5448352
>>5448308
yes
At most it may stop a blade, but anything larger will carve through it. Guns would have no problems.
But at least it's pretty.
bd1b7f No.5448377
The point of the Gold Standard is to remove a fiat currency where money is "magically" accrued, along with a nice interest payment goyim.
dd9184 No.5448439
>>5448320
>They keep pumping out more to meet this global demand and prevent massive price inflation for home consumers.
Are you seriously saying they print money to prevent inflation, retard?
096745 No.5448497
>>5448308
GLORIOUS AMERICAN GOLD
FOLDED OVER 1000 TIMES
CAN CUT THROUGH ANYTHING
YELLOW TOJO GO HOME
4bbabb No.5448511
>>5448439
Ah yes sorry meant deflation.
The problem is that if prices plumetted then existing savings, pension schemes, etc would all be worth considerably more.
Anything where you're guaranteed a fixed sum or sum of cash in a band.
People complain how you used to be able to go to the movies and buy a big tub of popcorn and a drink for a buck or less.
This wouldn't be difficult for the US government to achieve again. All they have to do is prevent the fed from issuing more US Dollars for a few months.
So long as global demand continued as it currently has then the price of pretty much everything would plummet in numerical terms as individual dollars become worth more once banks and financial institutes start to run dry.
This would cause a sudden consumer boom as people sought to cash in on their savings.
It would also cause a massive financial crisis as people began defaulting on loans and mortgages or worse banks in desperation began calling them in early to try and wrangle some more dollars to give over to global trade and oil trading.
House values would plummet leaving those with mortgages royally fucked in every hole since even if the bank seizes the house they'll probably argue they still owe them money since the value of the house in numerical terms is a tiny fraction of what was paid.
So the US Government must engage in this delicate balancing act to prevent total disaster. And so far the Feds kept the worst of it at bay.
But the fed must still go.
And again. I dun derped, said inflation when I meant deflation.
4bbabb No.5448608
>>5448511
Also wage corrections would have to happen quickly. But you try getting minimum wage laws lowered in this political climate.
I fucking dare you.
It may not get put down lower but I can guarantee you a lot more people would be on it.
Along with changes to fixed rate taxes and fees that people have to pay to the government.
You'd also have companies racing to try and change their pricing before they got bit by loss of business while looking for ways out of existing contracts that stipulate they pay what are now absurdly huge sums for goods or services.
So any and all long term contracts currently in place would be challenged, clogging up the legal system with cases that are essentially all going to be "Nope, still binding. Fuck off and stop appealing or finding new reasons to challenge them."
In short. Shit would get messy. Like really messy.
To the point where they might have to go "right US Dollar is over. Fuck it. New currency get."
4bbabb No.5449158
>>5448608
BUT WAIT!
It gets better.
Assuming the sudden halt to the increases of US Dollar supplies does not instigate a global recession or even market crash. You'll see global trade and governments ditching the Dollar. Not immediately. It'll probably take a year or two to really kick in.
China alone could utterly ruin the US economy by dumping its Dollar bonds on the market.
Imagine if every country did it at once along with every other major holder of US Dollars. It oil producers stopped using it and global trade was no longer conducted in US Dollars leaving truly staggering quantities of US Dollars up for exchange into other currencies.
The value of the US Dollar would plummet resulting in hyperinflation.
So about the time that a truly competent and capable government would be adjusting to the problems of massive deflation, you'd have hyperinflaction hit.
Now those who were thinking "haha this is great I'm rich" will be penniless in real terms and the companies who wanted out of contractual obligations will be on the other side trying to defend those same contractual obligations they recently wanted out of.
The only real winners would be those who quickly spent all their savings on real world goods. And even that would be a transitory victory as food became too expensive to buy and wages failed to keep up with inflation.
Meanwhile foreign predators would be buying up huge tracts of cheap dollars for a song and using them to purchase US land, infrastructure and manufacturing facilities. Much like post WW1 Germany. Counting on being able to extract a profit from them in the future by selling after a recovery that may be a decade coming.
This would also fuck over many middle eastern and african nations whose economies are reliant on the use of the US dollar in place of their own national currencies whose values are too prone to wild fluctuation to be any real use.
9f1b8f No.5449284
>>5449158
But then the US would have a different currency wouldn't it? Since they changed to a currency backed by gold, the dollar (or whatever it is) would be tied to a finite resource, and thus, wouldn't hyperinflate. And wouldn't the dropping of a currency (seeing as the US wouldn't back or accept it) make foreign countries collapse as the dollar wouldn't be accepted anywhere as its host government wouldn't sponsor it?
You seem like you know a thing or two, so help me help myself.
31ebad No.5449480
The gold standard is pretty great.
Fractional reserve banking will fuck you every time, gold standard or no.
5a9324 No.5449585
>>5448956
thanks anon, i am finally free
4bbabb No.5449597
>>5449284
Again fiat is about supply and demand, originators support is strictly speaking not needed but essential. Look at Bitcoin for example, it's a fiat currency but it has no conventional issuing body. Its value driven entirely by supply and demand for the limited amount available.
And switching to a whole new currency is no simple matter.
The German fascists did it and did it quickly. As I recall they may have even done it a few times. But they were well organised and dealing with an established crisis scenario.
The Euro shift took a lot of effort and was quite disruptive in economic terms.
And that was in a time when the economies of the Eurozone nations were relatively stable.
So in our crisis scenario the US government goes "lol k fuck the dollar we now use US Goldaroos backed by gold"
First and foremost they need to acquire a sufficient quantity of gold to cover the USA's internal trade value. So with their GDP currently at 16 trillion in current dollar prices you could need approx 16 trillion in current dollar prices worth of gold.
Probably a lot less really as any such scenario will see huge sums of US market value wiped out and a lot of financial trickery burnt to the ground.
The US government currently on paper holds about 8000 tonnes of gold.
Worth about 11 billion US Dollars at current prices.
Far short of the lets say 10 trillion required.
Total declared tonnage of gold mined in human history as far as we know is in the region of 160000 tonnes.
Which is one of the problems of a gold backed currency. The supply can not expand unless you acquire more gold meaning the economy can not expand.
But obviously the gold is subject to supply and demand values so if more people want gold the price goes up the value of the currency goes up and thus price regulation must go into effect along with wage lowering.
If people dump gold then the opposite occurs. Value goes down, prices go up, wages must increase.
If you had a sudden dump of gold on the market by say a nation dumping its gold stockpiles. You could have a serious value impact on your nations currency.
Or even by something as simple as new gold reserves being found and tapped by a mining firm. Hence why gold and silver mines were often controlled or owned by the rulers of a nation back in the day, to ensure the currency had a stable value.
Which is one of the key things in a currency for the majority of people. It needs to have a relatively stable value. Makes life easier for consumer firms, makes life easier for the merchants and the general populace. Whats the point of saving money if you might find your money worth half what it is now because France went "FUCK GOLD!" and dumped its gold reserves.
Plus speculators.
They can manipulate value without even owning any gold.
AND ALL THAT IS BEFORE YOU GET TO THE PROBLEM OF DISTRIBUTING THE NEW CURRENCY!
Which is fucking mental. I mean you have a new currency and you need it in circulation now dammit now. You can't go Euro and do it slowly.
So what do you do?
Well theres a few tricks but they're all messy.
Either way you're gonna have an economic crisis on your hands and there's always the chance that you might find your citizens preferring to use a foreign currency instead.
Plus if you drop your old currency along with all debts you have in it. You'll have a harder time convincing other nations you're a trustworthy nation in financial terms, they'll be less willing to lend you money and less willing to borrow money from you.
840bbd No.5449627
>>5448205
I give you a cookie. It is worth one cookie.
I bake myself 12 more cookies. Your cookie is worth 1/13th of what it was.
I give you a cookie baked from golden wheat flour ground between Jesus' holy buttocks and baptised with his urine. I cannot bake another such cookie.
aa11e8 No.5449750
>>5448205
>the money we use today as no real backing
not entirely correct
> the dollar is linked to Crude Oil
incorrect
>nothing to back it
wrong, and also irrelevant.
>you can only print so much of the dollar
Not entirely correct. In either case, it will have ramifications.
>government can't print X amount of dollars
The government doesn't directly create 90% of the 'dollars' existing in the system, so you're way off here.
>dollar won't lose its value
Why does the dollar "losing value" matter so much to you? I think you are confused.
>So, am I completely wrong?
Yes. You're way off.
Sorry to say, man, but whoever has been explaining econ to you needs to go back to the books.
08c52e No.5449776
>>5448308
It's not armor, it's a distributed-weight suit.
The idea is to jog forward, grapple the opponent, and throw him to the ground. The kinetic energy will break his neck.
2d3e20 No.5449783
4bbabb No.5449838
>>5449750
Did the US government create any of the Dollars currently in circulation?
Far as I recall thats all done with the federal reserve.
I may have used government incorrectly in the second post in the strictest sense, but to say the federal reserve operates without the governments consent would be ludicrous.
Even if said consent is crooked as fuck.
>>5449783
There's a few factual inaccuracies.
In the first one you linked I mistakenly put government instead of federal reserve.
They're the actual owners of the current US Dollars. Though you can also argue they're operating them under franchise from the US government. The details are mostly irrelevant to what is being discussed anyways.
Along with the fractional reserve banking of the banks which is one of the primary mechanisms by which demand for US Dollars is met.
Also the very very rough estimates on the total amount of gold required are rough and inaccurate even in the basic sense. But they're accurate enough to get the thrust of the problem across.
If we wanted to get really accurate we'd have to take into account that you couldn't actually buy enough gold to meet your needs without exceeding the value of your national markets.
As you buy up more gold the price rises due to demand and if you buy a lot quickly then you pay a lot more as you cause prices to skyrocket in the short term resulting in you losing value in terms of your gold stockpiles as prices return to a more stable level.
18f1be No.5449857
>>5448205
Gold is fiat.
Gold is monopoly.
Gold is scarcity.
4bbabb No.5449859
Hotwheels plz site fix plz
188293 No.5449872
>>5448249
how does one implement this?
I read the Fuhrer had a system based on this
bebb13 No.5449879
4bbabb No.5449882
>>5449872
As I recall the labour certificates they issued were for a set quantity of work that needed to be done in terms of Germanys current and planned infrastructure projects.
Can't recall a lot of the details though.
3d11ee No.5449893
You can have a non-jew controlled central bank issuing money with a support of capital punishment for abusing it or printing money like crazy (which is equivalent to robbing the whole population or hidden taxation)
Still gold standard seems like a safer option because you can't make gold out of thin air
4bbabb No.5449923
>>5449879
What people don't realise is that this would actually drastically alter the global economy as in some mineral resources we could hit near post scarcity.
Imagine if you had infinite iron. Or at least so much of it you didn't have to worry about getting more.
You'd see it more readily used in place of other materials. Steel may even make a comback replacing plastics in many applications despite the weight differences. Simply because its cheaper than plastic.
>>5449893
Well you can argue that a fiat currency is a national resource that must be carefully managed and controlled for the benefit of the populace.
Like water supplies in arid regions and so on.
e8b31a No.5449947
>>5448205
You seem to understand the basics OP. The USD is backed by nothing but the "full faith and credit" of the federal government.
Pros: This allows more money to be printed, which is necessary for monetary policy (how the Fed tries to keep the economy stable) and for times where huge expenditures are necessary (like wars).
Cons: It allows for (((huge expenditures and wars)))
614d4a No.5449948
The gold standard is about gold being the standard so once gold has been standardized you have standardized gold, which means that the gold standard is now standard gold. When an economy has standard gold, everyone can can trade in the gold standard because the gold has been standardized by the gold standard. In other words, the gold which was not standard is now standard thanks to standardization by the jews who standardized gold in order to create the gold standard where gold is the standard.
d99012 No.5449952
We should be living in a new golden age for the average man because productivity has exploded over the last 40-45 years. But thanks to fiat currency and taxes the average man is in dire straits.
e8b31a No.5449955
>>5449948
filtered and reported
4bbabb No.5449959
>>5449952
That's more down to distribution than anything else.
Since wage ratios haven't remained the same we've seen the owning and upper classes grow considerably more wealthy.
aa11e8 No.5449970
>>5449838
>Far as I recall thats all done with the federal reserve
Nope. By government I was including (possibly controversially) the Federal Reserve. They didn't make the money either. Not 90% of it.
>There's a few factual inaccuracies
There a quite a few, but I am impressed with the extravagance of some of your ceteris paribus counterfactuals. I think you are missing a number of levers, though, so you're missing some dynamics.
bebb13 No.5449993
>>5449872
I've read that the original coins minted from precious metals were backed by bushels of grain.
At the time, grain took a tremendous amount of effort to cultivate and harvest, so the original currencies were in fact backed by the work of the people.
The coins were made from gold and silver because it was difficult to forge copies.
Because the coins were made using precious metals, this drove up the demand for the metals, which eventually lead to the love of precious metals. Somewhere along the line, the link between human labor and gold was forgotten, and the Jews began peddling in precious metals. Old man Rothschild was a gold peddler.
>>5449923
>Imagine if you had infinite iron. Or at least so much of it you didn't have to worry about getting more.
We are post-scarcity if we stop muddling around on this planet.
We have the technology to build a moon base to use as a port for belt mining. The only thing holding us back is the Rothschilds and their servants.
Labor backed currency pushes people to advance.
If we were to shift from debt/gold backed currency to labor backed, the majority of international trade would be in raw materials. We would colonize and uplift poor countries by teaching them how to extract resources that they would trade with us for more guidance.
4bbabb No.5450021
>>5449970
Well that is somewhat addressed in the second part of the post though not in the response to yours.
The fractional reserve banking that pumps out the majority of the US Dollars in circulation.
It's done under the authority of the Federal Reserve. A bank does not simply go "wooo money out of thin air!", they require the nod from the fed before they can pull that magic.
Though I forget the specific rules on deposits or if they're even required by US banks to engage in fractional reserve bullshittery.
>>5449993
Debatable on the labour backed currency. It has advantages but also disadvantages. The primary one being whose labour?
I mean if someone can redeem the unit of currency for labour then is the one who attempts to trade it liable? Or is it the government?
What forms of labour are possible?
Also. On food as currency. Japan used to pay the samurai in a rice stipend.
bebb13 No.5450027
>We were not foolish enough to try to make a currency [backed by] gold of which we had none, but for every mark that was issued we required the equivalent of a mark's worth of work done or goods produced. . . .we laugh at the time our national financiers held the view that the value of a currency is regulated by the gold and securities lying in the vaults of a state bank.
619db2 No.5450057
Gold standard is shit. Guess (((who))) owns most of the gold?
The answer has been done before, and it was successful
3febc4 No.5450089
>>5448249
>interplanetary mining
aa11e8 No.5450094
>>5450021
>A bank does not simply go "wooo money out of thin air!", they require the nod from the fed before they can pull that magic
It does neither of those things. In fact, banks don't create money, the banking system creates money. The federal reserve creates "high powered" money, but the rest of the process is neither wizardry nor controlled. It's just what happens when banks operate with fractional reserves, which they HAVE to do, or they'd have to charge YOU to have your money stored.
It's basically an eccentricity of accounting, I think. The definition of money itself is highly fluid. There is Msub0, Msub1, etc etc., depending on the liquidity of the asset (ie how long it would take to get that purchasing power to a consumer market).
It's a dynamic system.
bebb13 No.5450100
>>5450021
>>5450021
>Debatable on the labour backed currency. It has advantages but also disadvantages. The primary one being whose labour?
The assumption is that the value of the currency comes from the labor of citizens of the nation/empire, or its subjugates (slaves, servants, etc).
A good question is: What is labor?
I would define labor as someone putting work towards a tangible deliverable. An entire industry like our modern "finance" would be not labor because it has no deliverables besides ever increasing profits.
4bbabb No.5450184
>>5450094
I think there we're getting into the more archaic intricacies of the current financial system.
Which is by design convuluted and opaque.
I mean I've never even heard of Msub as a concept.
aa11e8 No.5450326
>>5450184
>Msub
sub = subscript
https://en.wikipedia.org/wiki/Money_supply#Example
nah, its basic stuff, dude. Don't get me wrong, you're not going to learn too much about it in EC201 Macroeconomics or whatever, but its really, really basic to what we're talking about.
4bbabb No.5450351
>>5450326
Huh interesting stuff.
Certainly gets into more detail.
But then my preference on economic philosophy has always been to keep it simple.
Primarily because going too deep risks you losing sight of the root problems.
aa11e8 No.5450374
>>5450351
>going too deep
*understanding basic dynamics
FTFY
>losing sight of the root problems
Which are….?
4bbabb No.5450443
File: 1458341722727.jpg (136.07 KB, 600x488, 75:61, c3863ece5959f421fa9dcc88ed….jpg)
>>5450374
Da joos
But on a more serious note. Dodgy financing and poor planning.
Allowing greed to dominate the situation and political environment.
I mean we can get into the deep gritty details of currency and financing but it all too often distracts from the function of a currency.
It's a barter commodity that exists to facilitate trade by providing a relatively neutral third party commodity that is easily divisible and widely accepted so as to minimise barter demand conflict.
You got a chicken and want a pie but the piemaker don't want your nasty ass chicken. So you trade the chicken for US Goldaroos or US Dollars and then give some of those to the piemaker for a pie because the piemaker knows he can easily trade those for something he does want.
So long as the currency is able to do this then a lot of the details are irrelevant.
Meaning that in regards to many factors your primary goal in regards to a currency is maintaining a stable value and widespread acceptance for it.
aa11e8 No.5450470
>>5450443
and that's why you support the gold standard?
4bbabb No.5450488
>>5450470
No. As strongly implied earlier I'm against it on practical grounds.
Since part of maintaining a stable value is ensuring the supply is able to meet demand. Which is near impossible to do with gold currencies.
aa11e8 No.5450548
>>5450488
checkd
okay, then… well, let's go back to the previous post where you dodged my question of losing sight of the root problems. Do you have a particular policy problem or do you have a political problem or a philosophical problem…?
If you'd like to claim that a certain clique of assholes (jewlluminaticanialianasons or democrats or whatever) have colonized an important institution, that's one argument. If the institution itself is flawed, that's another. If the institution is simply making bad decisions (possibly based on bad or biased science), then that's another problem.
Please explain yourself.
f26bfb No.5450556
>>5449923
>Well you can argue that a fiat currency is a national resource that must be carefully managed and controlled for the benefit of the populace.
This is precisely why fiat currency always breaks down and reaches a value of zero. The government, when placed in control of how things are exchanged, is motivated to use it as a vehicle for theft.
The government should have no legitimate claim on what is and is not legal tender. This is where the founding fathers fucked up. It's actually written in the constitution that only gold and silver are legal tender, but they didn't quite back it up far enough because the existence of this in the constitution laid the foundational philosophy of "yes the government can determine what is acceptable legal tender."
83bf23 No.5450619
>>5448205
>Red Pill Me on the Gold Standard
It's a phantasy universal cure just like "the free market".
First of all it is inflexible. As the output of constructive labor increases so does the money supply need to increase with it. If you money is tied to gold then then this is only possible if the trends of the global gold market match the local growth of your country.
If it doesn't you would either have to devalue your currency, with of course negates the move to increase the money supply to begin with, or start issuing fiat money on top of the gold backed currency, which of course negates the entire point of having the gold standard.
Secondly it leaves your entire economy wide open to speculation as the value of all your money is now in the hands of the the mafia manipulating the gold market. As they can make value go up or down by hoarding gold or dumping gold into the market they can devalue your currency when you need to import and inflate it when you need to export. By the same mechanism they can sabotage your internal economy by making your gold reserves worth less when you are in a need to expand the money supply to keep up with a spike in output.
Finally there's the fact that you end backing your entire economy on something with little intrinsic value. The value of gold backing is based on the assumption that there will always be someone so well off, and in such immediate need of gold, that they are willing to pay what you aks for it it when you need it. That of course doesn't happen as the market value will plummet as soon as you try to trade in any significant amount of your reserves, as it will have been instantly saturated, and that is assuming a world with none of malevolent entities described above deliberately trying to crash the value even further when they think you're about to start putting gold out there in order to fleece you.
In short you're as well of having your reserves in US dollars, because when the time comes where you need those reserves, you will have to sell it for pennies on the dollar.
aa11e8 No.5450621
>>5450556
>It's actually written in the constitution that only gold and silver are legal tender
[citation needed]
You are fucked in your head. The Founding Fathers printed a fiat currency called Colonial Script, you dipshit. You have no understanding of fucking history.
2e1070 No.5450640
>>5448956
>back to 8chan AlexJones drone
Countered
83bf23 No.5450646
>>5450619
As such the only reserves worth having are reserves of things you actually need, meaning food, fuel, raw materials and similar things.
Such things can never be devalue because when there comes a time where you need to tap into them they will be basically invaluable to you. To give and example let's have taking 200 million tonnes of steel and a few billion barrels of fuel out of US-wide collective reserves compared to having to buy it with your gold reserves:
In the first case you have put steel into reserves at times when steel prices were low and taken them out at times when a shortage of steel threatened to hamper your entire industry. The act of taking these things from your reserves actually increases the perceived value of your economy as you are releasing at that time much needed, and thus valuable, material into it. It's comparable to finding a rich ore vein just at the time when you needed it the most.
In the second case you need to sell gold and buy the materials you actually need. Since gold has no actual value, except for sitting as a reserve in a vault somewhere, there is going to be no one who is in desperate need for it to save their own economy. They also all see the need you are in and as such they are all going to wait you out until you inevitably are forced to agree to sell the gold for much less than it was supposedly worth. This is of course only half the story as the opposite happens to the things you need to buy: Seeing your need for steel and oil everyone is now going to charged up the ass for it.
The net result is that your impressive gold reserves are in reality was worth much less then you wanted to believe, and you have been forced to sell a disproportionate amount of gold for what material you got in return. Here the act of utilizing your reserves has actually left your economy perceptibly worth less than it was before, as the long term market value of the gold you had to sell is much greater than what you got.
You should also ask yourself this: What do you do with the gold at a time when everyone else is in the same situation and value their actually necessary raw materials more than gold and as such refuse to trade? Do you eat it? Protip: If your reserves were made of the things you actually needed you wouldn't have had this problem.
To summarize a countries reserves as well as its money supply _must_ have it's value derived from things of actual tangible value, and not something with only a market value (that can change at the flick of a hand) in order to remain stable even when times are bad. Those things of real value are invariably your people, the constructive work of your people and the things your people actually need to continue its constructive work. For this purpose gold is just as useless as stocks and bonds and all the other things as they only have a temporary value in the global casino, a value that will without fail plummet the moment you actually need to rely on it.
TL;DR: If you don't have control of the issuing of your money no standard in the world is going to save you from having your economy manipulated. If you do have control of the issuing of your money then there is no need for a gold standard, in fact having one would only needlessly open you up to market manipulation. Gold also only retains its artificial value when it isn't used, making it useless as support for anything.
Also increase the god damn body length. I shouldn't have to split a hand typed post.
f26bfb No.5450656
>>5450443
>It's a barter commodity that exists to facilitate trade by providing a relatively neutral third party commodity that is easily divisible and widely accepted so as to minimise barter demand conflict.
True but…
> stable value
This poster >>5448377 basically demonstrated that the Dollar is in no way an example of this… and since the dollar is a debt based currency, no only is it incapable of retaining its value over time, but it is also offset by enormous debt creation by virtue of compounding on itself.
Not to single out the dollar, but you can't name a single currency that has ever existed or currently exists, which is centrally managed and has retained its value. The charts are all the same.
300fb6 No.5450700
File: 1458343040795.jpg (375.73 KB, 1090x717, 1090:717, 3097970-emperor_great_crus….jpg)
>>5450548
All three to be fair.
We know theres a clique of assholes though at this points its become multiple cliques of assholes in thrall to a single family of assholes.
And they're motivated by greed as we all know.
The current global network of national banks are almost all utterly and completely flawed in terms of their procedures, relation to the government and so on.
The USA's federal reserve being an extreme example of this what with its utter lack of accountability.
And of course all of these institutions are making bad decisions. Based on immediate political concerns and greed.
Although they often justify it using modern economics which tries to treat economics as a hard science through dodgy math, with modern economic experts complaining when real life doesn't match their models.
Which is in itself a problem as economics in reality is more akin to philosophy in that it's extremely inexact and can only deal with generalities or individual specifics rather than universal specifics.
It's a perfect storm of multiple shitstorms all converging at once and the only solution anyone has come up with is to try and stay in the eyes of the storms.
Everythings fucked.
>>5450556
Yes but thats a problem of governance not of the mechanism itself.
>>5450656
Stable does not mean eternally static.
The value can increase or decrease considerably so long as it occurs over a timeframe that is long enough to prevent any shocks.
aa11e8 No.5450742
>>5450700
soooo…. you're just here to say some things and say everything's fucked, but not to learn or spread knowledge in any way, or even really have a real conversation other than your wild speculations? I don't get it.
a40cc5 No.5450781
>>5448511
No, the real problem, in a system where currency = debt, is that when deflation occurs it means debt is being destroyed.
Meaning you're looking at another 2007/2008.
a40cc5 No.5450805
>>5450742
Counter him point for point then you faggot. I can't read your mind from behind my screen.
aa11e8 No.5450834
>>5450805
so, you're here to have a conversation with yourself and a few other people using your proxies?
f26bfb No.5450835
>>5450621
Okay,
> Article 1, Section 8 on congressional power
> To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;
> Article 1, Section 10
> No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility.
And most importantly, though the most ignored
> The powers not [expressly] delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.
There was an argument during the ratifying conventions that removed the word "expressly" in front of delegated, because it was argued that it was too obvious… all delegated authority is expressly delegated.
So a document which grants government only powers that are "expressly delegated" to it by the constitution or the states, gives that government the power to charter banks where? Nowhere.
On the contrary there are plenty of reference to how the issuance of gold and silver coin should be handled, and who should be in charge of its weights and measures.
> diameter
> thickness
> volume
> coinage stamping
f79d7e No.5450852
>>5450742
Well I started out just trying to explain shit to someone.
Fiat Vs Gold essentially.
And it just kept going on and on.
Then we got into our discussion.
Generally speaking the intricacies of the financial world are not something I'm terribly concerned with as my general response to the existence of the red shield and city of London is "burn it, burn it all!"
If we don't keep economics simple as a matter of course then overcomplication permits greed to take the reins.
Perhaps I'm wrong on that front and even contradicting my own normal mantra of "understand what you hate", but it's the stance I've opted for on that front so as to not be distracted from the larger issues.
f79d7e No.5450872
aa11e8 No.5450901
>>5450835
what does andrew jackson's war against the Fed have to do with a fiat currency?
f26bfb No.5450929
>>5450656
>Yes but thats a problem of governance not of the mechanism itself.
Easily disproved. When value is based on scarcity, (including pieces of paper) then whoever is in charge of printing the paper necessarily has an incredibly easy mechanism for covert theft. Gold and silver cannot be printed, but even if we some other object of value which was a mutually agreeable medium of exchange it would need to be something of value. Paper is not backed by anything, and even when it is the backing can be removed in a moments notice.
>Stable does not mean eternally static.
Pick whatever definition you want. I invite you to go find one that justifies how you're trying to make it appear. All I read was "words don't mean what they mean"
> the quality or state of something that is not easily changed or likely to change
> the quality or state of something that is not easily moved
> resistance to change, especially sudden change or deterioration:
Something that loses 3% of its value every year isn't even stable, it's in free fall.
a40cc5 No.5450930
>>5450834
Counter him then you cunt, you're saying nothing.
f79d7e No.5450964
>>5450929
As I was saying earlier.
Backed currencies have the issue of expanding the supply as needed.
You're right that fiat currency has the temptation to keep making more to benefit you or those you know.
But that's why regulation and moderation are required.
If you rely on a backed currency you have other problems.
dbbc7b No.5450974
>red pill me on x
YOU HAVE TO GO BACK
>>>/4cuck/
f26bfb No.5450992
>>5450901
Sure, Jackson's main point was that the national bank was "parasitical," meaning a method by which wealth was being covertly extracted from those forced to use the bank notes.
Notice when Jackson shut down the bank (did not renew the charter) he did not setup some government structure in its place. The reason is that Jackson wisely understood that it doesn't really matter who controls the bank, the parasitic nature of paper money is an inseparable characteristic of paper money.
a40cc5 No.5450995
>>5450974
This is actually an interesting subject that people should learn more about you whore.
aa11e8 No.5451014
>>5450930
>>5450949
>>5450992
quit having a conversation with yourself using proxies, you fucking piece of shit. wtf is your problem.
What you are saying is pure bullshit.
a40cc5 No.5451038
>>5451014
Fuck off you obvious shit shill.
a40cc5 No.5451066
Required viewing material:
https://www.youtube.com/watch?v=UrJGlXEs8nI
Get some drinks and snacks and sit through it, maybe next time we can have a decent thread.
f79d7e No.5451068
>>5451014
If I was having a conversation with myself wouldn't I reinforce my own points?
I mean >>5450992 is advocating for gold currency which I oppose on practical grounds.
a40cc5 No.5451107
>>5451068
>replying seriously to obvious shills
See? This is exactly why you need moderation.
The entire thread gets derailed and anyone who has something of value to offer gets lured into a resource burn.
Anyone who wants 'fun' is free to fuck off to whatever board they like. But no, they MUST impose it here. Don't fall for it. Their 'fun' is no fun or entertainment at all, it is meaningless and unproductive.
f26bfb No.5451141
>>5450964
> Backed currencies have the issue of expanding the supply as needed.
No they don't. The Keynesian boogeyman of deflation (rising living standards) takes care of it.
Imagine you work a unit of work, call it a week. That unit of work should (if you're doing it right) translate into measurable improvements in your standard of living. With people across a nation leading productive lives, the standard of living should naturally rise over time. This was the situation during Americas greatest gains in the standard of living (…including back when Dollars were 100% backed by gold). Fiat currency, and its parasitic tendency toward inflation prevents this from happening today.
Anytime a thing is bought or traded, something of value is either leveraged or traded against it. If dollars are traded for milk it is no different, its just based on the (falsely) presumed value of the dollars being roughly equivalent to the milk purchased. The devaluation of fiat currency can only be minimized if I spend that dollar immediately after earning it, and this disincentivizes savings and destroys the nations resource pool for capital investment.
The Keynesian criticism is based on a constrained view of "we can only have one currency and someone must be in charge of it." It is the inability of some (you) to separate the concept of Money from the concept of Legal Tender (enforced by law).
Why do I care who trades what so long as the terms were agreeable among the parties involved? If I'm producing Iron and you're producing Coal, we should be able to trade directly at some mutually agreed upon exchange rate, using those commodities as "currency" for the trade without involving any legal tender, gold, or silver, etc…
dbbc7b No.5451145
>>5450995
fuck you too, bitch ass nigger.
9b9df6 No.5451161
Federal reserve jews wouldn't allow such a thing
Don't forget the 6 gorillion
91701f No.5451237
>>5451141
Inflation is the natural necessity of an economy that depends on usury to function. Money only makes its way to the economy through interest loans that come from the Fed to the banks. In order to pay off their loans to the Fed and still turn a profit, the banks must somehow make more money from the people then they got from the entity that produces money. The only way this is possible is with a steadily increasing - and therefore steady devaluing - supply of money. Deflation would mean the banks can't pay off their debts to the Fed and make a profit, and that would eventually destroy the usury-based economy.
f79d7e No.5451259
>>5451141
The point of currency is to make trade as hassle free as possible.
Your proposed barter scenario works great in theory but when confronted by the beast known as reality it tends to fall apart due to differing valuations of the goods involved.
f26bfb No.5451263
>>5451141
iow: It is a desirable state for your money to appreciate in value and become capable of buying more things… or at least maintains its value and buy roughly the same amount of things 10 years from now as it does today.
By enabling savings, you enable investment. Capital accumulation is the only means by which living standards increase long term, and capital accumulation requires savings.
The myth of "we'll grow our way out debt" is akin the Hunger Games "give them hope" nonsense. What is really going on here is business across the nation are being built, financed with debt… which creates an ever increasing money stream for those issuing the debt. The central bank has effectively stifled living standard increases, and household debt is skyrocketing.
Debt based economic units (dollars) are the shackles that compose the power structures dominating and suppressing economic prosperity.
i.e., It was the Jews
i.e., pol was right again
a40cc5 No.5451264
>>5451145
>yes goy, don't learn about such difficult things issuance of currency and economics
>why don't you have some FUN instead?
Die.
f26bfb No.5451325
>>5451259
On the surface civilization comes to the conclusion that currency, in the form of 100% backed claim checks on actual value, is a good way to help grease the wheels of economic activity. (i.e., money velocity).
The problem is that this perfectly rational and inevitable conclusion, from a historic perspective, has been hijacked. "Currency" no longer means what it meant, and now isn't a claim check on anything.
Currency is the thing civilizations are drowning in, treading water just high enough to make that next debt payment. The goal of currency no longer has anything to do with making trade easier, it has become the mechanism of enslavement.
f79d7e No.5451393
>>5451325
True.
But like so many tools fiat currency can be used for good or evil.
We do not ban guns because of a spree shooter.
We are not some modern-leftists hiding behind screams of "BAN IT! IT OFFENDS MY WORLDVIEW!"
Create a better government, a stronger society and fiat currency becomes a tool for good.
dbbc7b No.5451423
>>5451264
kill yourself man
a40cc5 No.5451426
>>5451393
Fiat currency isn't the problem, money as debt is.
>>5451423
Fuck off.
f26bfb No.5451462
File: 1458346706199.png (1.11 MB, 2944x4128, 92:129, History of the 13 Bloodlin….png)
>>5451393
> Create a better government, a stronger society and fiat currency becomes a tool for good.
This is like saying
> not all niggers
> not all jews
We've seen this play out of hundreds of years. Laws are just temporary agreements, which are bound to change. We live in an age of mass propaganda dissemination 24/7, and social engineering has never been easier. There is no reason to ever believe that under any circumstances a government can be "good enough" to stop the inevitable degradation we have seen over and over and over again.
Here
Have some history, this hasn't been posted in a while and you obviously haven't read it.
1/3
f26bfb No.5451493
File: 1458346889757.png (613.75 KB, 2576x4128, 161:258, History of the 13 Bloodlin….png)
f26bfb No.5451498
File: 1458346905943.png (280.37 KB, 1288x3892, 46:139, History of the 13 Bloodlin….png)
f79d7e No.5451505
>>5451462
So what then? Just accept that shits always gonna be fucked?
This sounds like some ride the tiger bullshit to me.
83bf23 No.5451599
>>5451462
>There is no reason to ever believe that under any circumstances a government can be "good enough" to stop the inevitable degradation we have seen over and over and over again.
Except the National Socialism was designed to prevent this corruption among it's leaders and breed a new generation of zealous leaders who'd rather die than betray their people.
You are essentially saying we should have stopped trying to create the aeroplane since all previous attempts had failed, which is defeatist bullshit. That past attempts have fail say nothing if you can find a new, significantly different approach, and National Socialism is that approach.
f26bfb No.5451607
>>5451505
Not at all, but so long as a government is in control of what is acceptable as legal tender all you can do is protect yourself and your family from the counter party risk of banks and governments by own real, tangible, physical assets… owning currency or holding large sums of U.S. Dollars in dollar-based financial instruments is just basically playing in traffic… so don't be shocked when your 401k gets knocked in half.
Own stuff like:
> houses (collect rents)
> gold/silver (10% minimum)
> owning businesses (this is the real wealth engine)
> company shares (piggy backing off of others wealth engine)
Notice all of the above can conceptually be described as having a value in terms of Dollars, but they are not dollar-based. In other words, if the dollar loses half of its value, you still would have a whole house, or a whole ounce of gold. Meanwhile your IRA's value went in the shitter with the value of the dollar.
f26bfb No.5451734
File: 1458348016789.png (896.67 KB, 1034x706, 517:353, Thomas Jefferson - On Jews.png)
>>5451599
Nice dubs, but the same argument could be made for the founding of America. The attempt was explicitly to bind the government down using the constraints of the chains of the constitution… which all leaders take an oath and swear to protect and defend.
I think we should 100% be training and encouraging leaders for tomorrow. My perspective is simply that when you have great leaders in power, like a Hitler, or a Thomas Jefferson, your country is alright. All of the evidence that we have points to centralized power structures ending badly.
Greece, for example, prior to the Roman Empire was a decentralized collection of Greek city states all of which were different and with varying levels of success. Greece itself did not have one central overarching governing body with any authority or bite. This is what the "United States" was initially modeled after.
Independent sovereign States, where government was close enough that it was tangible and accessible. This is the only kind of government that works. This was the argument of the Anti-Federalists when opposing the ratification of the constitution, as it gave too much power to the Federal government.
We have learned through over 200 years of experience that they were right. How long can any state, or how many generations of leaders can we expect to stand strong, before the same fate inevitably meets them?
c8c859 No.5451760
>>5448205
Watch Money Masters by Bill Still.
https://www.youtube.com/watch?v=B4wU9ZnAKAw
Jew bankers cornered gold supply from it being as scarce as it is. Supply is the same reason jew bankers had silver demonetized, silver being too plentiful they couldn't control it. This should matter less today but matters enough that they're still very keen on keeping the price of gold and silver suppressed.
The money today is created from nothing but it's backed by debt and most of the "printing" doesn't happen by the "federal" reserve but banks doing "fractional reserve lending" aka virtual counter fitting.
skip to 8:25
https://www.youtube.com/watch?v=uzef43gdupk
f26bfb No.5451771
>>5451734
tl:dr the answer is to not invest in the fallibility of men (some of who will be great leaders, while others are corrupt and damnable), but to kill the hydra by cutting off its head entirely and removing centralized power over money from government.
c8c859 No.5451929
>>5451505
From Money Masters, a recurring target of the jew bankers comes out, control of production, utilities, food supply, and taxing. You can get out from under the jews thumb in a large stride on a personal basis if you do your own utilities, grow your own food, make things yourself, save as much wealth outside of jew currencies, operate outside of jew currencies, and at least reduce your taxes, an example being housing, almost all the tax of property tax is the house, or "structure on the land," while an RV is a vehicle, so the property tax is only for the land. Nobody wants to live in a nasty RV though, but who says you have to build an RV with shitty RV construction methods and not regular house methods? If you build house style on top of an RV frame the difference is the foundation is an RV frame instead of a slab of concrete and your property tax is $100/yr instead of $4k.
f79d7e No.5452001
>>5451929
So in short "abandon society the jews won"
83bf23 No.5452042
>>5451734
>All of the evidence that we have points to centralized power structures ending badly.
>Independent sovereign States, where government was close enough that it was tangible and accessible. This is the only kind of government that works.
From my point of view you are half-way there. These two different things. That a power is centralized does not imply large government, neither does it imply large states.
It's also a matter of what power is centralized. Some power absolutely must be centralized, like that of standardization or defense, while other should be as local as possible. People tend to use the term to imply every single thing is determinate by state and thus use it to dismiss the idea, meaning a literal straw man.
In my view a physically small state with enough power centralized that the small elite of people who actually have any reason in them can steer the long term development of the people in a sound direction is what is necessary.
>>5451771
>removing centralized power over money from government.
Yes, put it in the hands of people motivated only by greed. That should end well.
f26bfb No.5452073
>>5452042
>Yes, put it in the hands of people motivated only by greed. That should end well.
This is only true to the extent that all people want to improve their standard of living, in which case we would all be on an even playing field. This is much less slanted than one single governing body blatantly stealing from its citizens, them having no recourse.
86d47e No.5452075
>>5451734
>>5451734
tbh i think the only way America could avoid balkanizing is turning into a Confederacy
POST NUMBER SIX LET ME FUCKING POST HOTWHEELOWITZ
f26bfb No.5452088
>>5452042
>From my point of view you are half-way there. These two different things. That a power is centralized does not imply large government, neither does it imply large states.
Well yea this is why I brought up the anti-federalists, they were on the right track in terms of placing the emphasis on local state government power. Rhode Island, for example, abolished all debt at one point prior to the ratifying convention.
B A S E D
A
S
E
D
f79d7e No.5452261
The problem with massive decentralisation is that it prevents society as a whole embarking on grand projects.
You wind up with a stagnant and irrelevant civilisation.
Like ours is stagnating heavily due to little of real worth being done.
f79d7e No.5452281
>>5452266
Still sounds pretty much the same to me.
Nobody remembers an individualist and nobody mourns them.
f8b1eb No.5452288
YouTube embed. Click thumbnail to play.
I recommend you ALL watch this documentary. Next to The Greatest Story Never Told, it may be the most essential for every /pol/ack.
a40cc5 No.5452298
>>5452281
That's a nice caption, try posting it without moeshit.
f26bfb No.5452302
>>5452261
>The problem with massive decentralisation is that it prevents society as a whole embarking on grand projects.
No, the reality of this is that projects that are "grand" enough to actually execute get funding from people who believe it is actually "grand" enough to fund, and others don't fund it.
So the "problem" is that instead of government just literally taking your money and doing whatever the fuck it wants, based on its own idea of "grandness" things are bid out… budgets matter… better deals are made.
Example:
You want Trump negotiating the lowest price for a "grand" project, or Mitch McConnell voting away your hard earned money?
c8c859 No.5452326
>>5452281
Seems you're shit posting or mixing things up, getting away from the control of jew bankers has nothing to do with "Nobody remembers an individualist and nobody mourns them."
a40cc5 No.5452351
>>5452288
Based Bill Stil.
It really is required viewing. Your opinion holds no value until you've watched it, and it's also a great challenge to those with the attention span of a goldfish. Weeds out the 'funposters'.
I posted it earlier here: >>5451066
I am watching it again right now, because it's great to refresh your memory on this piece of history that isn't taught in 'education'. People have fought and died for us to prevent the creation of the monstrosity we have let happen today.
f26bfb No.5452379
>>5452351
> not watching the trump rally about to start
https://www.youtube.com/watch?v=FpeWWFfd4Ns
Pause it and come back.
f79d7e No.5452443
>>5452302
You really think the USA would have gone to the moon if it had been done the way you proposed?
The majority of the populace can't even tell whats in their immediate best interests let alone long term.
Plus trying to convince them of anything is usually wasted effort when they will simply obey whoever appears to be in charge.
If you actually tried to convince them to go along with something like financing a national project themselves they would probably turn you down unless you came across as sufficiently authorative.
This is where much of /pol/ falls over.
They assume everyone just needs to be red pilled when in reality the majority of the human race will completely change their opinions to reflect those they perceive to be the socially prevalent ones and they will obey whoever they perceive to be in charge.
They're drones. Simple minded on political and philosophical affairs. They exist to be led.
/pol/'s userbase generally consists of the minority of the population capable of indepth political thought or the defective who seek to defy society for the sake of it.
>>5452326
It has everything to do with it.
Your proposal is that we disengage from society and focus entirely on ourselves. Live on the fringes away from everyone else and accomplish nothing.
It's an individualist standpoint.
c8c859 No.5452448
>>5452379
Trump says the same thing at every rally, and he says it at an 11th grade level and content free. This is deliberate, it's catered to the target audience, the lower IQ, lower class segment that's swayed by emotion. I don't need that dribble to be on the Trump train, you?
c8c859 No.5452471
>>5452443
>Your proposal is that we disengage from society and focus entirely on ourselves.
I've proposed no such thing, that's your concoction.
d7bebe No.5452497
>tfw still don't understand what money actually is
Even after reading about it the question of "where does its value come from?" always seems just out of reach.
I suppose at its most simplest form money is an "IOU" for doing some work. Like if you helped clean someone's house they might give you a sheet of paper that was worth 2 pigs, when they could obtain them. And if you wanted you could give this paper to someone else, for another thing you wanted. Though how that turns into "paper that represents value on its own" is where I get stuck.
f79d7e No.5452515
>>5452497
Supply and demand.
It could be anything from pebbles to jars of urine.
The key is that its a universally accepted medium of exchange.
a40cc5 No.5452534
>>5452379
>literally trying to detract from the most important information that all people on the planet should know that could end the stranglehold of the jewish banking cartel on humanity once and for all
>"You should instead watch this guy who is neck-deep in jews, is openly pro-Israel and is 'proud' his daughter is married to a kike!"
Once again proof that this Trump campaign ad shilling is absolute cancer.
a40cc5 No.5452565
>>5452497
>Though how that turns into "paper that represents value on its own" is where I get stuck.
Please do me a favor; keep thinking like this. Keep questioning. And keep looking for answers.
If the world had more people like you we wouldn't be in this shit.
f26bfb No.5452680
>>5452443
>You really think the USA would have gone to the moon if it had been done the way you proposed? The majority of the populace can't even tell whats in their immediate best interests let alone long term.
What did we actually gain from going to the moon? Mass self-esteem? For the cost of the space program, I think there were alternatives that could have achieved this.
Feel free to disagree and disprove that…
A) We have received massive benefits from the space program
B) As a result things were made tangibly better
C) There was no other way to go about doing this other than govt. theft.
f26bfb No.5452696
>>5452534
It wasn't a comment about which viewing was objectively overall more important.
A U T I S M
U
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I
S
M
b3b644 No.5452735
>>5452680
Well the initial space program wasn't followed through hence why the benefits haven't been proportionate. We could be a multi-planet species by now.
Once the military got its missiles they were happy to let the US government get rid of the Germans at NASA. Because USA USA USA!
But this is part of the thing about grand projects. They often don't provide an immediate tangible benefit. You'll get people goin "oh but we could have done this or just given everyone a load of money back from their taxes"
But a few centuries from now when the USA has fallen apart and faded into history it will be remembered for being the first nation to land people on the moon.
a40cc5 No.5452771
>>5452696
No it's about priorities and you shilling a kosher puppet that's one in a history of many that leads to nowhere
>hurrrrrrrr autism
Oh look, a shill.
92d5e4 No.5452832
>>5448205
OP one of the most important topics you can learn is how money works. So you are already on a good path by asking these questions.
http://ftmdaily.com/preparing-for-the-collapse-of-the-petrodollar-system/
Above is one of the best articles I've read on the Petrodollar, what our currency is currently pegged on. It explains it simply but thoroughly.
It also exlpains how our gold backed currancy worked. And should answer some of your questions.
Once you understand how our currency, the Fed, and international banking works you will start to uncover truths about geopolitical happenings, cultural subversion, and who is really running shit hint: it's the nose
f26bfb No.5452847
>>5452735
>it will be remembered for being the first nation to land people on the moon.
> a few centuries from now
A 1000 years from now will it? I mean, how many years does a thing need to be remembered or cared about in the future for it to justify massive widespread theft? Was it worth the extra growth in government which is now baring down on us today?
>>5452771
If anything has been proven since June 2015 its that you complete faggots calling him a "kosher puppet" are the D&C shills.
cf339e No.5452849
>>5449993
>muh interstellar travel
Sorry, but the universe is too stretched out for us to do anything with our current tech. We'd need a Z-space drive or something else fantastical. The moon is the closest thing and only has an abundance of a few resources. Mars is a multi year travel and has the same limitations. The rest of the solars ystem is a huge unknown and is extremely hostile and distant. Everything else is light years away.
The closest we'll get to post-scarcity is going full shoah and killing all nonwhites and degenerates and leaving only a hundred million people left on the planet- leaving the rest with the Earth's bounty.
a40cc5 No.5452868
YouTube embed. Click thumbnail to play.
Btw, to the other guy who posted 'The Money Changers', but also to all other /pol/aks; here's another great documentary made by the same man:
https://www.youtube.com/watch?v=Sboh-_w43W8
I'd like to add that the effort of everyone to sit through these documentaries and familiarize themselves with the subjects is greatly appreciated.
f26bfb No.5452877
>>5452849
>The closest we'll get to post-scarcity is going full shoah and killing all nonwhites and degenerates and leaving only a hundred million people left on the planet- leaving the rest with the Earth's bounty.
There is literally nothing wrong with this solution.
80c799 No.5452881
YouTube embed. Click thumbnail to play.
I think you niggers will like this. If you never heard of the britton woods system, get ready to get fucked
a40cc5 No.5452883
>>5452847
>If anything has been proven since June 2015 its that you complete faggots calling him a "kosher puppet" are the D&C shills.
If anything it has been proven that this shill line of yours is like a broken record and has become very stale and tiring.
4bbabb No.5452896
>>5452849
Mars is not years away.
Its an approx six month trip.
The annoying part is that once you arrive you'd have to wait a bit over a year for the orbits to be ideal for the return trip.
Once a proper colonial presence was established you'd have a flurry of traffic between mars and earth during these orbital periods.
But if you went to mars? Then yeah two to two and a half years.
f8b1eb No.5452923
>>5452443
Tbh if Germany won, we wouldn't just be on the moon, or even Mars – we would be colonizing Titan by now and setting our sights outside the solar system.
>tfw you will never live on a terraformed Reichplanetsystem Mars in the Neu-Mecklenburg settlement, farming potatoes in a biodome with your Nordic wife
cf339e No.5452931
>>5452877
I know. A hundred million of us living in nice internet capable Hobbiton-esque societies with a handful of technocratic research cities would be the ideal nation, but getting there from here seems just as far as alpha centari at this point.
a40cc5 No.5452940
>>5452881
It's 'Bretton Woods'.
Even better; it shows exactly how your governments are fully aware of how fucked the jewish banking system is, yet they want you to partake in it 100% so they don't have to.
And that's when the strings attach.
cf339e No.5452941
>>5452877
I know. A hundred million of us living in nice internet capable Hobbiton-esque societies with a handful of technocratic research cities would be the ideal nation, but getting there from here seems just as far as alpha centari at this point.
fix your shit kikewheels
a40cc5 No.5452954
>>5452941
>fix your shit kikewheels
We Josh now.
f26bfb No.5452956
>>5452883
> focusing on off topic shit.
Planning on derailing this thread chaim? You were doing so well before I mentioned the name Trump, you could easily just ignore it and focus on the subject.
If you want to focus on Trump I'll just turn this into a Pro-Trump thread because it obviously makes your veins pop.
a40cc5 No.5452977
>>5452956
>focusing on off topic shit.
It was you who brought in off-topic shit right here >>5452379
And now you're just derailing.
Fuck off.
c8c859 No.5453035
>>5452977
The shit posting flak means we're over the target. Understand currency, the jew scamming history of it, carry out the suggestions on the ways to not being fleeced.
92d5e4 No.5453036
YouTube embed. Click thumbnail to play.
>>5452854
Nice argument, very compelling.
Linking to the money masters doc was the only valuable contribution you have made to this thread btw.
>>5452881
Yes, Bretton Woods was pivotal. Birth of the IMF reeeeeee
Another recommendation is
> The Creature From Jekyll Island by G. Edward Griffen
it explains how the Fed was formed.
Video related if you just want to hear the author speak about it instead of reading the book.
f26bfb No.5453056
>>5452977
> going maximum autism focusing on insignificant posts
> blames others for what he is doing (deflecting)
Just filter and block me then. You've really contributed nothing to this thread that I haven't blown the fuck out already anyway.
c8c859 No.5453083
>>5453036
The compelling argument is already gone over in this thread. The dollar basis isn't oil.
>Linking to the money masters doc was the only valuable contribution you have made to this thread btw.
Nope. Mike Maloney video, pointers on stopping from being fleeced.
d7bebe No.5453151
>>5452515
That is correct, but it just makes me wonder: isn't any universally accepted medium of exchange, susceptible to manipulation and inflation? Clearly a simple barter system (I'll give you 2 sheep for 40 apples e.g) wouldn't work. So society developed a system of simple currency that would represent work.
I just don't understand who determines the value of the work. The concept of "IOU", an IOU that can be traded for other goods (or even other IOUs) makes sense to me, because it is something tangible.
Im thinking of some small village/city that transitions from a barter system, to distributing IOUs, to eventually developing a consistent system of currency because the IOU system gets too messy. But the entity that prints money….What exactly do they "need" to print it? Where does its value come from?
Sorry if I'm rambling I just think the concept is fascinating.
c8c859 No.5453176
>>5453151
>I just don't understand who determines the value of the work.
The market.
ca38b7 No.5453328
>>Red Pill Me on the Gold Standard
There's many ways to do it, including, holding no gold at all.
>>the money we use today as no real backing
That is correct. Your money is actually DEBT. That's the mechanism via which it is created.
>>the dollar is linked to Crude Oil
No, it isn't. Oil is settled in dollars. That is slowly but surely going away. Once it does, the quality of Americans lives will drop by HALF. Real third world shit then.
The 'value' of the money comes in the faith and trust in that currency. Which is based on factors like. ability to repay debts, the size of those debts, legal system, military, political leaders. This is where the Juden presse real value is.
What should I point you to… there's a lifetime of stuff you can easily find via Google. The Dollar has the size so with everyone else fucked up and looking for a place to park their shit, the dollar is where you put it. It's the only currency that can asbord the inflows. The Euro is going in the toilet. Yen and Yuan after that then the dollar I would say. That's our lifetime. Shit is probably going to start all going over the cliff in 2017.
Your concern should be, being debt free and saving as much as you can. Put… 20% in Gold for the coming inflation. Right now you have some deflation and a period of that is what always preceeds hyper inflation.
c8c859 No.5453683
>>5453328
Oil was a basis/pretext for the dollar being the reserve currency outside of the US but it's reserve currency that was the angle. With more than half the dollars being outside the US, that scam getting shut down will make those dollars come back, which will more than half the value of the dollar, in which we'll be the only ones holding them then. jew bankers have been setting up their alternatives to keep their scam going globally, as for the US, if we produce most things domestically and consume most things domestically like we used to, our currency not being able to buy as much outside the US won't be as much of an issue and in fact, if we get production running again, that devalued dollar will drive business our way just like is happening now with China artificially devaluing for the same goal.
9f1b8f No.5453810
>>5452832
Thank you, I'll give this a read.
c8c859 No.5453889
>>5453810
If the argument of his link is oil, then it's wrong.
5409ed No.5454421
It's simple. Fiat money or debt-money is a scam. It worked well when a few people knew how it worked and could exploit it. Now everyone knows and, especially since the sociopaths in DC control it, it's over.
83bf23 No.5454482
>>5452261
>The problem with massive decentralisation is that it prevents society as a whole embarking on grand projects.
This. Starting something that may give yields 500 years into the future is not going to happen by people motivated by greed or by what will make their lives most convenient in the coming year.
>>5452302
>projects that are "grand" enough to actually execute get funding from people who believe it is actually "grand" enough to fund, and others don't fund it.
Well, duh, and that it's never going to receive voluntary funding.
>You want Trump negotiating the lowest price for a "grand" project, or Mitch McConnell voting away your hard earned money?
False dichotomy.
dd9184 No.5454494
>>5449838
>Far as I recall thats all done with the federal reserve.
It is so much worse than that. Any bank may lend dollars that they do not have because they assume the people will not withdraw money at the same time. This has the effect of creating money out of nothing at an exponential rate.
Inflation is an invisible tax. It screws the people over, but it will not cause a revolt because the people do not understand it.
c8c859 No.5454552
>>5454421
>the sociopaths in DC control it
No, DC isn't in control.
7aca52 No.5454661
>>5448205
The man most famous for fighting for the Gold Standard was President William McKinley. The guy that the mountain was named after before Obama changed it to 'Denali'.
He was assassinated by a Jew. Does that clear it up?
bed8b2 No.5454778
>>5448205
>All Wars Are Bankers' Wars
https://www.youtube.com/watch?v=SKnF1HEUwuo
REQUIRED VIEWING FOR ALL /POL/LACKS
d24a92 No.5454969
Goldbugs are useful idiots. Money is a conceptual tool and does not depend being backed by metal. Pic related.
a685f0 No.5454988
>>5454778
ALL PORN IS CUCKOLD PORN
a40cc5 No.5455489
>>5453056
>You've really contributed nothing to this thread that I haven't blown the fuck out already anyway.
You haven't responded to a single thing i posted. At all.
All you did was try to derail the thread by posting useless Trump shit.
>filter and block me then
No. What i want is for you to fuck off and have all your useless shitposting removed so people who come here can have a quality thread from which they can learn something.
Get a massive brain tumor and die quickly you genetic waste.
dc46bd No.5455495
>>5448205
It works so well that they will go after you if you are seriously trying to implement it.
Case in point: Gaddafi.
a40cc5 No.5455529
>>5455495
Even just speaking about it here will trigger a floodwave of shitposting.
c8c859 No.5455760
>>5455495
Saddam threatened and did all sorts of things but it wasn't until he started making a move to switch from dollars to euros that they took him out. People point to BRICS and I thought that was real too but others have looked into it to find the same jew bankers behind the scenes, so not only is it not implemented yet it's not a real threat, jewbers are still getting their cut.
1d4afa No.5472518
5f2235 No.5500555
68a4d6 No.5502693
>>5448308
3 times stronger than lead, only 70% denser, rustproof. 14k is tougher, harder, and lighter. I suspect you could find a gold alloy comparable to bronze.
68a4d6 No.5503361
>>5452896
Years away, then?
3415d3 No.5503453
>>5452849
>The closest we'll get to post-scarcity is going full shoah and killing all nonwhites and degenerates and leaving only a hundred million people left on the planet- leaving the rest with the Earth's bounty.
We are post-scarcity right now.
Environmentalists and niggers prevent us from extracting and using the nearly limitless resources of Africa and the nearly limitless energy reserves we have in Thorium stockpiles.
There is enough fuel and material to colonize the moon or mars but the niggers and Jews are holding us back.