Iraq. Is it better now?? (AKA ISIS/ISIL/IS/name-of-the-week-here) (9 Viewers)

[AndreaCristiano]

I disagree. IMO, it started with the 1913 Federal Reserve Act. Dollars debasin', neggaz be wastin', nobody be caring.

Insert one of many Tom Jefferson quotes.

especially since without the gold standard we can just open the printing press and make shit up as we go

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To be honest I think that the USA is just too big to govern well. Decentralization is needed.

That was the original intent stronger states and the centralized government was only for defence and currency basically but over the years the politicos have centralized more and more power and minimized the states

 

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[GordoDeCentral]

over the years? federal govt took over with lincoln, hailed as the best president but he prolly was the worst as far as negative impact and how long it lasted.

 

[swag]

especially since without the gold standard we can just open the printing press and make shit up as we go

The Immutable Value of Gold is a fairy tale and nothing more.

It's as if gold has magical properties that make it immune to human speculation and irrational value judgements. Might as well have a Kryptonite standard.

Unless maybe if you're a leprechaun. Just as real.

 

[AndreaCristiano]

The Immutable Value of Gold is a fairy tale and nothing more.

It's as if gold has special properties that make it immune to human speculation and irrational value judgements. Might as well have a Kryptonite standard.

no thats not the point, when you had a certain amount ie value of Gold in the vault you could not print more than the gold you had to back up that currency. Now without the gold standard we can print all we want and deflate the dollar

 

[swag]

Even so, and even if in this modern era gold is replaced with DJIA index funds, I'm not sure which economic system rewards tons of assets being stockpiled in the closet instead of being used.

 

[AndreaCristiano]

Even so, and even if in this modern era gold is replaced with DJIA index funds, I'm not sure which economic system rewards tons of assets being stockpiled in the closet instead of being used.

what assets are we using now besides the art of bullshit

 

[Lion]

gold will be soon replaced with clean drinking water anyway.

by 2029, usa's drinking water shortage is going to be a big problem...... which means canada will be making a shit ton of money and becoming the biggest superpower in the region/world

and let's face it, with how fucked up the world is thanks to countries like usa, russia, saudi, china, japan, korea, england..etc. the wrold could use a lot more canada

 

[GordoDeCentral]

or US can just invade canada in 15 minutes

 

[Lion]

you can't even protect your own school children from reatrded kids with weapons, how you plan to invade the great white north.



fucking lol

 

[X Æ A-12]

The royal mounted police gonna stop us?

 

[GordoDeCentral]

dude, america could just send their wacky white boy militias or the crips and they would secure canada overnight

 

[Lion]

china will, since yur country is china's bitch anyway.

 

[X Æ A-12]

Arizona could take Canada

 

[Lion]

arizona can't even handle alc's entire family and relatives crossing the border.

 

[X Æ A-12]

china will, since yur country is china's bitch anyway.

china wont bite the hand that (literally) feeds

 

[Bjerknes]

The Immutable Value of Gold is a fairy tale and nothing more.

It's as if gold has magical properties that make it immune to human speculation and irrational value judgements. Might as well have a Kryptonite standard.

Unless maybe if you're a leprechaun. Just as real.

Gold is a tangible asset with limited quantities across the globe. Fiat currencies are practically unlimited due to printing from central banks. Therefore, gold is obviously intrinsically more sound the fiat currencies.

Even so, and even if in this modern era gold is replaced with DJIA index funds, I'm not sure which economic system rewards tons of assets being stockpiled in the closet instead of being used.

DJIA is all based on manipulation, and all companies can go to zero.

 

[Lion]

kyle, you have never even left your little backwards cack hole of a town, what would you know abot world politics

 

[X Æ A-12]

kyle, you have never even left your little backwards cack hole of a town, what would you know abot world politics

More than someone stupid enough to think Canada will ever be super power.

 

[GordoDeCentral]

More than someone stupid enough to think Canada will ever be super power.

 

[ALC]

The Immutable Value of Gold is a fairy tale and nothing more.

It's as if gold has magical properties that make it immune to human speculation and irrational value judgements. Might as well have a Kryptonite standard.

Unless maybe if you're a leprechaun. Just as real.

This.

arizona can't even handle alc's entire family and relatives crossing the border.

Stfu bitch.

That was the original intent stronger states and the centralized government was only for defence and currency basically but over the years the politicos have centralized more and more power and minimized the states

Then who's to say USA wouldn't have turned into something like the EU?

There will always be a sense of unfairness especially considering that money runs things. I know that's a stupid statement but it's just to show that the system in place is fine, it's the people running the system that are to blame.