If the gold isn't
PHYSICALLY in your possession
You don't own it
you never did
and never will
Deutsche Bank refuses to return client's gold
Germans gold is not in USA anymore, they sold it to chinese "communist".
It's finally happening, house of cards is crumbling.
No you're a dumb fuck, if currency is based on precious metals, it doesn't make it that much better, because he who controls the most of it, controls the currency.
Currency is a tool for universal exchange of goods, thus it should be based on labour and goods produced.
You see the word "paper" in front of gold there?
checked
Like in clockwork, muh infalliable labour fiat currency meme shill. Even national socialist were not so stupid.
Would labor backed currency work in America as well as it did in Nazi Germany?
(checkem)
Yes, it would fail too.
Gold was used when trading with other countries alongside their barter system. You can't eat gold, just like you can't eat paper or do anything useful with paper. Those who control the most gold, will control the currency that's based on it. If the currency is based on labour and goods produced, those who produce goods and work control the currency.
I don't know what's the problem with you because it's not that hard to understand this.
No it will be controled by those who print such currency, and nothing will stop them from inflating base currency, try to stimulate economy by state spending and back it by forced labour and taking gold from invaded states.
Yes, just like with the gold, the one who controls the most of it will be able to control it as he sees fit. I stated this in 2 of my previous posts and you still didn't even touch on it, I wonder why.
In NatSoc Germany there was a National Bank tied to the state that regulated it based on labour and goods produced. You just need to have leaders that are actually working in the interest of the Nation, not some backstabbing kikes in control.
Ah yes, the 'ebil nazi war machine' meme. That's not what happened and only a retard would believe this would bring the stability for Germany to be able to do what it did in WW2, but I guess it's pretty pointless to argue with a bluepilled faggot like you.