HOLY SHIT THE FUCKING MADMAN!

Fuck.
Ron Paul cucks on suicide watch.

What?
t. OP and Ron Paul cuck

ITS HAPPENING!

Ron Paul would be so proud !

Bring it.

The little manlet should have bent the knee and got on the Trump train when he had the chance instead of cucking like a bitch.

I am very worried for Trumps continued mental health should he continue down this path. In his efforts to revive the gold standard, he might become fatigued enough to commit suicide by shooting himself in the back of the head, twice.

Very worrying.

Ron Paul must be so happy right now.

Such 'suicides' are for little guys not president elects.

...

Oh sure go back to the standard AFTER the Chinks, kikes, etc. have holed it away for years.

Gold, just like paper money is only valuable because of perception and thus it's worth is only an idea.

Does that mean that ideas themselves could be used to back currency? Is it possible to create a meme backed currency?

That's called cryptocurrency.

...

No it is valuable because of its inherent uses.
Gold is very good and needed in electronics for conductivity and resistance to chemical erosion.

I don't understand why people who are nationalists want the gold standard. I think it's because they do not understand monetary economics and never looked past MUH SCAM when considering the validity of fractional reserve. The gold standard wouldn't benefit the U.S. The dollar and US banking is the goose that laid the golden egg. Trump should know this having been in real estate development. I'd be real surprised if this wasn't just him being open to a pitch on the idea. There may be changes that could be made to benefit the people at the expense of the banks in terms of how the fed is run and how US interests are preserved or enhanced via tax changes etc., but at this point the gold standard would be nothing but a wealth transfer to goldtards/BRICS. A blockchain with proof of work would be more valid than gold, but both are less adaptable than the current system. Yes there are more boom/bust cycles and yes you o have to keep being productive instead of just sitting on your ass and reaping the "benefits of deflation" in your everyday currency. You can buy gold/btc now if you want to and it would probably be a good idea. But there is a lot of misplaced anger in this area because of a lack of understanding. Trade policy/Tax policy/Credibility of the justice system should be attacked first. I know people will automatically hate this opinion but seriously, if you think the gold standard is actually a good idea (and not just because of a conflict of interest where you own a lot of gold and realize it would massively benefit your investment) read a fucking book.

Sounds like full faith and credit to me.

Gold is valuable because it becomes more and more scarce as you mine it and can't be duplicated unlike paper money.

yeah, just ask germany what happened to their gold.
it's all safe and well guarded by the US fed goy. stop questioning

THIS IS IT
THE APOCALYPSE

...

Gold is used in computer chips, nuclear reactor cables, and components used for spaceships.

It has many industrial uses, and because it's rare that ensures that it just becomes more valuable.

Quite frankly, we could go to the fucking Uranium or Plutonium standard, as long as metals are rare and useful they are great for currency backing.

Cucked because your guy couldn't do what Trump is going to do.

Anyone else waiting for the (((banks))) to overplay their hand?
Wait how do they always win?

how do i move to america
im white btw

I feel like a nigger for wanting that 1911.

yes it is just a rethorical question to show my liking to this news article
godspeed

Where do you live now, user?

That's right, even Andrew Breitbart had a "heart attack"

Silver is bad money today because hoarding it hurts industry by driving up prices. Gold is good as money because it has few uses in industry, and most of those see it recycled. Silver is largely used up.

This from someone who has his life savings in silver, mind you. It will do very well due to structural deficiencies in inventories.

central europe

Germanon?

how much did u invest in silver?

WE'RE PAINTED RED TO FIT RIGHT IN

Kikes hardly have any gold at all, actually. China and Russia have most of the governmental stockpiles. The kikes have stolen and sold most of the gold in the West. The people have the better part of it. Something like 75% is in private hands, and widely distributed around the world, IIRC.

any metal worth using as currency has industrial uses and is rare, silver isn't recycled now because it isn't worth recycling usually.

almost

Austria or Belgium?

Who told you that garbage? A navel gazing philosopher?

In the real world, things have value because of supply and demand.

u wot m8? Most popular gun among niggers is Ruger 9mm

i thought the central banks have all the gold

YES
FUCKING NO

CRACK OPEN THE BOOK OF ADOLF, AND LEARN, DAMMIT

No way to recycle nanoparticles, which are a huge use right now. Most uses for it are small. You would need prices up around $10K/oz to start seeing things like that being recycled. Don't think that is in the cards, except under a Road to Roota scenario.

Nope. Indian civilians alone have more than the official stocks of all the CBs in the world combined. Rest of the world's civilians have about twice that much, IIRC.

Ah yes deficit spending is so good thats what we're doing right now!

...

It's well known that niggers love 1911s.
Usually, they go for Juan/Jamal-tier Hi-Points, but when they get money and learn just a tad about funs, they go for Wilson Combat or other big box "custom" 1911s. I've always considered the decent 1911s to be the Air Jordans of nigger funs.

relevant vid

According to my calculations, you'd need more than four thousand pounds of silver to buy a $1MM house. Silver doesn't seem practical.

Stop just toying with nihilism and fully embrace it already, then kill yourself so I don't have to read another one of your shitposts.

Got any better ideas than the man himself, then, user?

IIRC he showed some spine by cockblocking some cuckservatives in congress, can't remember the details though. I'm sure Randus Paulus is smart enough for him to get on the Trump Train a few stations down the line.

rude

In the thousands of years of recorded human history, not once has gold become valueless. How many paper currencies have become valueless in the past century?

lol and that's why it's been used for thousands of years? Because of its use in electronics? Might want to rethink that.

Yeah I got some advice to Hitler don't listen to fucking former socialists on advice to good economic policy. International protectionism, domestic free market capitalism, aggressive and potentially clandestine military opposition to international monetary organizations, back your money with something real boom perfect system.

For anons that don't know, it's the chemical properties of gold that make it so long lasting and durable, while also being useless for most industrial applications outside of circuit boards and other electronic technicalities. And it's atomic properties ensures that it is universally scarce, as it can only be created in small amounts during a supernova. It's simply the best element for this kind of thing.

when you buy a $1million house do you drop of 1 million $1 notes on the doorstep? fiat or backed, any currency we use will be electronic. In the case of metals it would look like bitgold or something.

I have to disagree. If you put 1911 and S&W .357 in front of a nog, it would most likely choose .357

If we move to silver as money the value of silver will increase dramatically. Which means you'd need a lot less silver to buy that house, maybe 500 pounds of it.

Quit being a faggot

:^)

except Hitler didn't make any debts. Stop trusting mainstream history books. And don't tell me he used up all of Germanys gold reserves because they were stolen after WW1.

No, before (and still today) it was used because it's pretty and rare.

Gold has a lot of real world uses my man

I should certainly have that option. "Cashless" is a kike scam.

A thought occurs to me: could China fuck with the value of our currency by firing up hundreds of silver mines of their own?

He ridded them of their debt within two years of that policy's work, user.

Could you prove the same for your proposed system?

Its not really debt if you kill the people that come to claim it.

AND I'M STARIN' DOWN THE BARREL OF A 45

When you use the classic definition of meme, currency would actually be a meme.

He literally just forgave it, you do not get out of debt by public decree that it doesn't exist.

Ask the average person if they're ok in participating in endless war involuntarily because the government doesn't want to cut spending.

I hope this plan involves total debt forgiveness. Otherwise have fun paying your student loans or 200k+ mortgage when the economy massively deflates because of a gold backed currency.

Nobody said you couldn't, you just said it would be impractical to pay in silver and I pointed out it is impractical to pay in cash

Are you actually saying Hitler started the war?

Says who? Mind you, in America's current state, it's more powerful than the Weimar could ever hope to be, upon the dawn of the new reich.

The average person is a weak fool who's terrified to death of being called racist, I care nothing for what they want.

Nigger you are making yourself look like a complete idiot right now. Stop posting.

You can think G. Edward Griffin and the (((John Birch Society))) for this kosher idea that gold is the answer to the problem the Fed poses, early critics knew better.

Please Kek do not allow kikes to JFK God emperor.

If we're implementing a new system, why shouldn't it be an improvement over the old?

SWIMMING THROUGH THE ASHES OF ANOTHER LIFE

fuck, forgot to remove the sage.

You're the one who said "just kill people who come to collect your debt", guess what that gets people to either bomb your country or not trade with you.

Says basic bartering ethics.
Then you circle around to
which you need MORE deficit spending to do because nobody is fucking trading with you.

are you fucking retarded? gold is finite and small in supply, thus easy to be controlled. guess who owns the majority of gold? gold standard is still kike paradise. we can use it to transition however its too easily controlled. best bet would be virtual currency like bitcoin or a completely fiat system controlled by congress like it was intended.

Oh fuck off with this spamming. pl is even worse than net, and you know it.

I hope that was shitty wording and you don't actually believe the founding fathers wanted a fiat system

...

labour backed currency is best currency

learn to read ID's, newfag. And I'm pretty sure he was joking.
Now stop making a fool out of yourself by promoting kosher histrory straight out of a holocaust book.

what he says is true – gold (or anything else) is only valuable because we perceive it as such. people like shiny things. so, in consequence, it is valuable. value can surface through utility or superficial reasons.

your "real world" is based on human perception.

Exactly.

I can only hope Trump is wise to this slimeball, and only gives him the former. Otherwise, if he wants to save the country, he needs to copy the acts of Hitler, and nationalise the notes, while backing them with labour.

Ex-Colt employee here. That isn't a fucking Colt 45 faggot.
Enjoy your day.

Dipshit.

There is no system in which you would be happy in this regard, if you can come up with one I can explain why you are wrong.

1: any system using a valuable enough resource to be transported by hand and conveniently pay for an entire house is impractical for everyday purchases and too valuable/risky for a commoner to ever own.
2. any system which uses promissory notes is not cash and is a kike scheme as you said and is not a direct transfer of wealth
3. any system of fiat that includes denominations large enough to make such purchases easy will have problems with inflation. there is a very fine tuned amount of petty cash you want lying around in a fiat system and if you prevent inflation by printing fewer small bills to enable the printing of large bills you will have problems with the everyday purchase supply being to small.

nigger, do you even know we were founded on a fiat currency?

Bump and reported for being THAT fucking stupid.

S M A L L

"Labor backed" is effectively the same as debt-currency because the government can invent jobs at the same rate it prints currency now. Money based on abstracts a shit.

You heard him guys. Just look at the global 0% unemployment rate.

Everything you said so far in this thread is just plain stupid. At this point I'm not sure if you are shitposting or if you are genuinely retarded.

it was based solely on credit. that is the definition of fiat, kike.

Trump.. I think this might be a trap.

We don't have a 0% unemployment rate because we would have to massively inflate our currency to be able to just "invent" jobs hence why labor-backed currency is fucking retarded. I'm not even an Econ minor its just basic monetarism.

yeah fuck off this board and killyourself hipster faggot normalfag

The problem with your reasoning is that you are abstracting away the social value and output of the make-work. In the worse case scenario the government has everybody breaking rocks into useless gravel using hammers, but even that is better than simply printing money because it strengthens the bodies of the people and releases their pent up energy, doubtlessly reducing crime and laziness.

If you put them to work on more productive endeavors, it only gets better. Let them build new infrastructure that the whole nation will benefit from. Properly build infrastructure is one of the best stores of wealth. Bridges, roads, damns, and rails don't all evaporate when economies crash.

How is this going to work? And weren't the head kikes just recently getting even more of the gold reserves? If this isn't a kike ploy from the beginning you have to come up with an argument that isn't filled with homolust son.

Based Trump!
Lets make US the bitch of goldholders on a totally flexible economy.
Who don't think it is a good idea to make it easier to international banks to have more power above US finances and currency?

...

Why didn't he make the standard a different commodity then?

Trump's Hitler book has that down somewhere in it. Right?

That was what the fed was intended to do.
But it's very unstable.
That's why you need something like Bitcoin which is steady.

It actually did once due to kebab and African economics.

en.wikipedia.org/wiki/Musa_I_of_Mali#Islam_and_pilgrimage_to_Mecca

Not a commie faggot but that is a fucking spook if I've ever seen one
and you know whats better than either? real money backed by shit that can't be reproduced. Theres a reason why Jackson told the banks all their paper gold wasn't worth shit and if they didn't show him that they had all the gold they claimed they had he'd fucking shoot them.
This is a play to emotion, stop it, we're talking about monetary policy.

and what exactly pays for the infrastructure for this? Oh wait I remember deficit spending which you'll never pay off.

Funny. Here you are claiming that "inventing" jobs causes a massive inflation and yet the 3rd Reich hat 0% unemployment and one of the strongest if not the strongest currency at that time. But please explane me how Hitler cheated the world. That evil evil Nahtzee

Sort of correct the it was called the Bank of North America created in 1781 and was tried by (((persons))) to be very like the (((Central Bank of England))).

Andrew Jackson in the early 1800's killed it though by not allowing its charter to be remade. At least for a time it was dead or just buying time for its resurgence, during the war of Northern Aggression against the South.

...

>>>Holla Forums

Hang on… I have an idea-

So to cope with that, you give a minute fraction to the public. Because it's bitcoin, it can have as small denomination as it needs to be.

Great. Another amateur philosopher. You don't even believe in the real world. Jump off the roof, Morpheus. Let's see if gravity is merely a "perception".

continental scrip was printed in 1775. and fuck all the central banks they are all usurers plain and simple. only the people should have power to print money, otherwise it is inflated to fill debts when war occurs. btw jackson was the baddest president in existence. i think you are slightly misunderstanding the order of events.

Holla Forums detected
Holla Forums kike detected.

The purpose of monetary policy should be to facilitate production which betters the nation.

en.wikipedia.org/wiki/ScotiaMocatta
ScotiaMocatta is one of the 10 market-making members of the London Bullion Market Association. Additionally it is one of five banks to participate in the London gold fixing. It has a history of 340 years, and is the only original member of the London Gold and Silver fixes to maintain its seats on both respectively.

The company dates to Moses Mocatta's founding of a London bullion bank in 1671.
The firm was renamed Mocatta & Goldsmid with the addition of Asher Goldsmid in 1783.

The firm was solely controlled by the Mocatta and Goldsmid families for 286 years before it merged with Hambros Bank in 1957. Subsequent to 1957, the firm was managed by Edward Mocatta, with involvement and shareholdings variously from Hambros Bank, Standard Chartered Bank, Henry Jarecki, Scotiabank, the Mocatta family and others. With Peter Hambro …

The Mocatta firm has historically acted for central banks … and the 1980 attempt by the Hunt brothers to corner the silver market.

en.wikipedia.org/wiki/Peter_Hambro
Peter Charles Percival Hambro (born 18 January 1945) is one of the founders of Petropavlovsk plc, (formerly Peter Hambro Mining), a large gold mining businesses in Russia.

en.wikipedia.org/wiki/Barrick_Gold
Barrick Gold Corporation is the largest gold mining company in the world … Founder: (((Peter Munk))).

Who owns all the gold? Reminder, all the gold shills cloak themselves as they were fighting against the NWO by shilling for gold when in fact they are shilling for an international fiat owned by the Jews.

What if the intent is to create perception and consciousness in the first place.
What if we're effectively neurons in "god's" brain.

Bitcoin as a widely-accepted unofficial US currency when?

What if you put this theory to the test and walk into traffic?

This is why we need to back our new currency with foreskins.

Never.

A private reserve has to be made, and fast.

...

That's what happens when you don't diversify your meme portfolio.

If it is of so little consequence, then go walk into traffic.

But:

...

I own shoes older than Bitcoin. You can’t trust internet currency. What will you do when the NSA use their quantum supercomputers to steal your life savings? How will you use your Bitcoins when Obama pushes his internet kill switch? What happens to your internet shekels when a blackout, computer virus and/or EMP attack crashes the grid? Your internet currency will disappear with the internet. What will you do when new internet currencies make Bitcoin obsolete?

I’d rather trust in gold.

DON'T LET THEM JFK THE GOD EMPEROR

By forgiving debt that wasn't his own at a time when people were too economically crushed to do something about it. I am not justifying the Wiemar government or the pre-wiemar government. Hitler only stopped backing his currency with real money (gold) because he didn't have the money (or intention) to pay back the debt he unjustly forgave but didn't have enough liquid in his currency to re-arm so he transferred to what he called "labor-based" economy aka deficit spending so he could rearm in prep for WW2.

You cannot just fucking say "well I forgive debt because muh feels" well guess what money and trading does not give one single fuck about your feels it cares about the bottom line. What did you produce, what do you use, what will you trade, why is your money worth something. Anything is fucking wishy-washy anti-math feel good bullshit.

Currency exists as a convenient representative of goods we make through labor. You can't just say the labor is the good because you can't trade labor unless you're big on slavery.

So you lack the free will to disregard crosswalks? I think you're just a coward.

I'm sure you also use that reasoning to not buy food, bullets, or clothing.

*anything else

I could disregard it.
It's called death.

The kike unmasks himself.

Doesn't matter what you say over the course of the last half century we have seen the greatest rise of centralized banks and along with it centralized power which wants our annihilation.

Jackson did a few things right and that's all Trump has to do to stem the tide of the Globalists. Him just being strong personally is enough for his countrymen even.

This is why Israel will burn user.

You jack yourself off mentally with babbies first solipsism, yet lack the courage to act as though your "philosophy" has any practical application. Filtered for being worthless.

Most whites would revolt and be pro-America anyway
The shackles are coming off no matter how hard (((they))) try to keep them on.

Why not?

Free your mind, Neo. There is no highway, no reality. Just the Matr… (THUMP)

That's what happens when amateur philosophers meet the real world at 60mph.

Better we get on the gold standard before the gooks do it.

...

Fuck it man. I just want to see it happen.

Begone, Holla Forums.

If you don't provide an alternative better than 8/pol/, then you don't provide me with reason to care.

i never said centralized banking was a good thing. jackson did so much damage to central banking it took 100 years for them to reclaim what he took back in terms of power and lost finance for them.

but i agree, as long as trump steps us in the right direction more people will wake up to the globalist farce.

nice, quality

This is total conspiratorial shit with zero evidence. He wronged several European countries in addition to your evil Jews. Don't get me wrong he should have gassed the kikes just because of the 1918 commie insurrection, but there is zero evidence his debt was Jewish unless you think that Jews own all money at all times

then why don't you just call yourself a communist that would make it easy for me to know I can bash your fucking head in, because Communism is certifiably, verifiable, %100 Jewish.

Strawman, I never said that shit faggot. He had to Rearm because Stalin was massing forces on Polands border and he was observant of the War Party in Britain.

Kek confirms it, solipsist are worthless.

That was the exact opposite of what you claim. JFK was killed because he refused to let kikes have nukes.

I love how good I am at spotting (((you people))).

kek
Enjoy living within the same matrix user.

Filtered, you lost the argument

It doesn't matter who started it, Germany used the rebuilding of its military as stimulus to reinvigorate the economy. The reason we can't do that here is that we've already done it too many times. its a crutch, an emergency measure. Its too bad our forefathers sold us out but we have to deal with the consequences and make sure the same doesn't befall our children.

I guess that night they all received an education on road safety…

The MAJORITY is jewish. Not all of it.

That is… if the standard becomes the gold.
If it goes bitcoin - the jews own fuck all.

I didn't mean any slight.

Even Trump meeting with people who hold anti-Globalist Jewish views is enough to have kikes shaking in their boots. We are dealing with such weaklings now we need only to know our actual power and banish guilt.

Thank you, the only intelligent faggot in this thread. Prepare for stupid fags who can't argue to call you Jewish.

Pathetically transparent.

Apart from a stupid amount of shiny rock.

Ron Paul's been mostly positive about Trump recently, although he's heavy-implying that his bitch nigga son should get a provision somewhere in Trump's cabinet.

We should have a global default on the impossible to pay off 200 trillion dollars of debt,and mine gold in space to back our money with.

Relax mate, some of the ones your calling are unprovable through their inferences. They are probably here, but not the whole god damn thread.

...

Theres not even evidence of that, thre majority of the debt Germany incurred in the late 20s early 30s was non-Jewish. I could plausibly see a large minority being Jewish because of (((20th century British Empire))), but as far as it being majority Jewish that isn't even true today. Our world is super kiked-out and they're only %40 of the worlds %1

As I said, unofficial. I still want a government-run, gold-backed currency as the primary. I just think we need a backup, for the same reasons you hear people talking about doing away with cash, invariably using the term "cashless society" like it's a good thing. You have valid points, though. I saw an interesting article on /cyber/ about the way people are using Bitcoin making it vulnerable to government interference, as well. I know it's still up there, but I can't find it now.

That empowers the third world and cripples us and china.

youre thinking in wrong terms. in fascism and national socialism the state operates more like a monarchy with the embodiement and good will of the race as the king instead of a single man. so you build things you will need, like shitty tanks to try and kill commies before they kill you.

Sure the military spending gave the economy a bump, but Hitler didnt start re arming heavily until 1937ish. The german economy was already well on its way before that.

Also, no permanent debt that you can never pay off

For now or back then?
Back then he recieved funding from the Rothschilds, suggesting they had the capital required still.

But today?
Depends. I think Trump did a stupid personally. Rothschild banks have been buying gold for a while.
If he created his own coin hang on, he created TRUMPCOIN then he could pin it to that.

He knows this will fail, then he'll pin the currency to some form of bitcurrency to "prove it works"

What are they gonna do about it?

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

How do we know?
We need to check the balance sheets of rothschild banks and other Jewish bank owners.
Possibly look for personal accounts they own too.

nigger i dont know who you are referencing but you sure as shit better not be saying that was uncle Dolphy. Thats one of the biggest jew lies about him besides his suppose degeneracy and the lies about his artistic talent

Faggot, this is Economics 101, not amateur philosophy. Currency, generally, is intrinsically useless. Gold, Silver, big ass rocks, and paper notes are all used as currency, but ones like silver get used up in other things, so they aren't as good as gold, which isn't used for much besides electronics, and thus won't be used up for anything except currency.

Currency exists so we don't have to bother bartering and finding someone who wants the thing we have, and has the thing we want.

Study basic econ or fuck back off to Holla Forums

These kikes abhor labor-backed currency because they abhor the idea of working at all and dream of a future where all work is complete and no further work is needed. They want to create money by manipulating numbers because they focus their lives on the abstract. They see value in the abstract while they think that practical matters like building a civilization are below them. They dream of a future where all the "building" is either done already or is performed by lower races.

It is sickening to anybody with a soul.

back then
Early on yes, but then Hitler kidnapped one of them and returned him only after they "forgave" the debt +10m dollars.
This is why I suggest clandestine operations on international monetary institutions. We need to know about every fucking penny that goes through their systems so once we catch them we fuck them over hardcore.

Stop trading with you
or invade you as a coalition of "people country X fucked over"

I will be researching that on my holiday

So everything is going according to the plan.
The Don is crashing this plane with no survivors. He knows the Gold backed economy is flawed because you can't revolve your life around something that you can't put in your fucking mouth nor use as cover against the rain.
He will crash the economy, and then rebuild it just as uncle Adolf did it. While the economy recovers RDWS will come into effect under full support of the White House because who else are you going to trust the well-being of your hard working Americans?

Trump has his jews, as well. Thiel and Icahn. You've got to play the game to win it. No telling if he'll do the same as Adolf, and turn around.

I agree.
Time to look at their balance sheets and put the memes to bed they won't go to bed, they clearly have a lot of capital to fund all this bullshit around the world

from what ive seen the NSDAP got a few small loans of one million keks in their very early days from some bankers before they figured out it wasnt a joke. and theyve tried to link those banks directly to the Rothschilds

I say directly because in the end all banks lead back to those sick fucks

Only anti-Hitler elements of the party received jewish funding.

Autarky: the bane of globalism.
Invade the US? Good one.

Those things are more useful than gold.

I think the cash flow is perpetually in motion around the globe.
But I think there's more to it. Probably something not to do with figures of ownership - but rather the terms of contracts involved with the money flow.

I still need to look into to monetary system of Hitler a bit.
This will be a very tiring relaxing holiday.

I'm off.

Needless to say, gold caravans and slavery is extremely semitic.

The Madman..
THE MADMAN

Trump Tower probably has enough gold to get a new reserve started.

Yeah, no. Fuck off with your stupid D&C bullshit. Reported.

(checked)

Looks like they got their education.

fascism doesn't make math and economics disappear. I use these terms for a reason, the fact is that if we tried that method of stimulus again we'd go the way of Japan we can't keep employing emergency measure permanently. Eventually the economic policies squeeze the people dry and you can't get more productivity out of them to pay for more state spending. A nation is not its state, it is its people, and a nation in which the state makes decisions that lead to the suicidal, non reproducing people is a failure to the nation, I'm sure we share that sentiment.

If we had done that in the eighties it probably would have worked, maybe even the nineties but I think its far to gone to do it now.

MR TRUMP! PLEASE STOP WINNING WTF ITS TOO MUCH I CANT TAKE IT

REMEMBER THE LAST COUPLE OF TIMES THIS HAPPENED

...

Not exactly 1:1, but he reminds me a little of Jesse Jackson going "That shoulda been ME, nigga" to Obama.

He'll get over the asshurt of that stumping eventually and hopefully can be a decent senator again.

There is no turning back user, the breaks are broken; next stop: DEATH
Hold your titties cause things are going to get crazy.

THE RIDE NEVER EDDS

So here is my post:

If we now print money issued by a private corporation(fed) can't we just nationalize it, make a speech on talmudvision and say today i have nationalized all the banks, a couple of greedy urchins had taken over our monetary system and today i have taken it back. All debt is forgiven and new notes made are debt-free!

Wouldnt the dollar soar in price on the international markets? I fail to see why this isn't possible since money already aren't backed by anything but past meme acceptance anyway… Input?

Also, i think this is what the icelanders did too and they fixed up their shit right fast.

OY

FUCKING

VEY

Except this time we have all the cards, bruh.

Right?

true, and i never said that we should.
im simply saying that war armament stimulus was not the reason for the german miracle. it was the germans breaking free from the (((globalist))) financial system of debt

...

He never stops irl shitposting

How 'bout some kind of alloy that would discourage melting the coinage down? 5% gold, 20% silver, balance in copper and nickel or whatever.

...

Yes. That's naturally what happens when you end centralised banking. See Nazi Germany for an example of that.

What you back this "Private Reserve" with is the bigger decision to make, since those bankers own all the gold to begin with, which is why I say labour should back it, so as to cut down the (((middle man))) forever.

Its debt to be payed by the next generation you retard, you're literally shoveling your debt off your back onto your kids.

sorry about that then.

Impossible for him to do in even two terms. If what the Fed says their amount of gold they have is true we would have to get 25x our current amount of gold to have the same value currency to get fully back on greenbacks. However it is possible for him to increase the ratio, currently %4.7 of US currency is backed by gold right now.

DAILY REMINDER THAT ANY THREAD MENTIONING ANY TOPIC WHICH THREATENS THE FEDERAL JEWSERVE FIAT PAPER WILL BE SHILLED TO ALL HELL

Poland?
nie uciekaj

no worries
ive been working on being more polite to fellow anons who arent being outright kikes niggers or fags, Holla Forums needs to stay stronk

Speak softly, and carry a big stick. See who challenges your debt removal, then.

Then sacrifice your kids to war on the alter of greed, excellent

but you don't need to back it with anything… it's not backed by anything now is it? and it "works", but of course it will only work for a little while because we owe so much to the head kikes that sat up the system and have overprinted the currency leading to inflation!!

I think the dollar is actually held up by oil being sold in dollars.. technically it isnt worth anything but the world is pretending it is a "reserve currency" because oil is still bought&sold in it and if you don't do what america wants we kick your face in with our military…

did you get my point? it's not backed by anything and history shows a lot of unbacked currencies working well. money is backed by two things, some dude on tv saying we're now gonna use this kind of money instead perhaps if needed with some incentivization telling them theyll get 1% free money on every old money they deposit in the bank..

He'll do it in his first hundred days, under budget, and ahead of schedule.

Where is he going to get the 8 trillion dollars in gold from then

If you actually wanted people to stop using Holla Forums, you'd provide a better alternative. But you can't, because no such alternative exists.

That thing looks like some kind of alien prop. Is that really a jewish instrument? How can they make everything so ugly man.. sheesh.

The petrodollar only "works" because America has kept a monopoly on energy through force of arms as you say, but even then it is rapidly losing value and life span. The petro dollar only lasted about 50 years as opposed to the Roman denarii that lasted multiple times that length only to finally fail when it was debased entirely.

So who would the government be paying the debt to when it's spending the money it issues itself into the economy?

The problem is how you control the printing of currency. What you are suggesting is fine so long as the right people are in charge, but what happens when they start printing money for political reasons, just like they are now?

With a labor backed currency, the only way to "print more money" is to get more people working. And of course there is a finite limit at any particular time on how much money you can print.

People who buy into post-labor rhetoric object to this because they want money to exist even when labor doesn't, but only jews and lazy morons buy into post-labor rhetoric.

Liberty Tree, my friend. Both Patriots and Tyrants must go. It's the only way.

Trump also doesn't need to have the presidential salary, but he has to, by law, so he takes a dollar, and puts the rest away. Same for currency. You have to back it with something, so backing it with what people do in the first place to get it only makes sense.

...

Pres Kennedy was taken out because his family, which he led, became too unpopular with the white Americans he was hurting.

Because he was too extreme in his plan to replace the whites here with Vatican-Roman "Catholics" from wherever.

Watch your language, O.P., but thanks for spreading the good word.

Lmao it was the inverse retard. Kennedy's family were soft-McCarthy supporters and Johnson was salivating at the thought of niggers voting and flooding the country with a permanent majority of democrats.

...

...

Looks like the Emperor's personal army will need to recruit more people.

At this rate, I can only hope Trump doesn't know what fuckery could come about from such an innocuous act upon currency, and that he'll learn.

ytcracker on /pol, le-fucking-mao

It already is a pretty widely accepted currency, obviously you cant spend it everywhere, but you can go to just about any city in the world and sell btc for cash locally if you know what yer doing

its called diversifying nigger, you shouldnt have your life savings in bitcoin, that would be fucking retarded, no one that is rational would do such a thing, like 10% of your bankroll in BTC is a decent bet.

Property, gold, silver, guns, land, water, possibly select stocks/bonds, and last but not least pharmaceuticals/narcotics and food depending on where you are, all of these things should be equally sought after, but you wont get an ROI like you can still get on the coin. Watching this shit go up from a few bucks to 700€ has been surreal, there was one major bubble where stupid people got jewed but otherwise its been pretty steady, it has inherent value based on usefulness alone, kikes like JPmorgan and co are desperately trying to subvert/copy it

listen to the goofy ass song you replied to nigger, he literally says all of those things+more.

Sure, something might happen along the way, chiners might do something or a governmewnt thing, but should such an event happen there would be a huge outrage and the blockchain would quickly run to the underground, an environment for which it has essentially been built. It would probably retain most of its value if not gain ev

Ill hold on to my coins thank ya very much, i love the fact that there are retards out there sitting on pension plans and the like that are tied to the derivatives market while they claim bitcoin is unsafe, krugmann can swallow a sweaty samoan cock

Someone please get the idea of labor backed currency to trump.

Checked.

But you are wrong. Alternative to 8ch.net do exist.

But 8ch.net has higher traffic.

ok. but i don't see why the dollar should lose value if it is in actuality backed by us military presence. one might want to argue that the us should be isolationist - and please let this happen because us europeans are tired of hosting all the migrants from your wars - and then i suppose one would have to also back it by something - preferably not gold because the jews own all of it.

So hopefully, he will back it by labour. Not that i understand how this would look. If tomorrow he says on tv; we have created new jobs and these jobs will be backed by trumpdollars; it is valid tender and illegal to not accept. But he would have to create a hell of a lot of jobs in order to replace the legal tender in circulation.. and he couldnt just ask people to go to the bank and replace their old money to trumpmoney because at that point they aren't backed by work.. unless he becomes jewy and says they are backed by /future work/ – which although jewy, perhaps would work. any input? =D

Tired: abolishing the Fed, establishing Gold Standard

Wired: abolishing the Fed and do nothing else

Money should not be in the control of or regulated by government, full stop.

get the idea of labor backed currency to trump

Shit I forgot to call you a technologically illiterate fudd and an old man in my rant above, so theres that..

I understand your reservations they are..traditional which is usually a good thing but I would suggest you like into it a little more, blockchain will ultimately make a few things legacy if not obsolete once adaption grow even more, one small but..notable example being contract lawyers/notaries

My theory on why there has been no serious clamp down yet even from the chinese is because on some level they know it cant be clamped down on, better to play it nice and collect the little taxes you can

CHECKED

GET IT TO HIM

pl has so little traffic, it is not a viable alternative to 8ch. Despite questionable moderation you can still have conversations here with people. You can't on pl, because nobody is there.

Who said it should?

Its a horn you retard, what are you babbling about, jesus K. christ on a stick, kids these days

sorry, i jerked off and my brain doesnt work properly. if its a horn what kind of animal?

>>>/auschwitz/

If he does this, they'll kill him. No doubt about it

But (((they))) have been hoarding the rest of the gold lately.. they want this.

>Someone please get the idea of labor backed currency to trump.

It still tickles my balls every time I see a libcuck bitch about how Falon 'sold out'

Can you briefly braindump me on how to get into bitcoin/cryptocurrency

Checked. Fuck solipsism.

I am sticking with the classics. I do not think I could keep buying hats every time Trump does something amazing.

You buy it from physical dudes because the exchanges can (((shut down))) whenever, last i checked. What you buy is a secret code. You can check if it works immediately with a bitcoin app on your phone. On your homecomputer you can also input this number into a bitcoin client, say electrum which is fast. obv use passwords or else if someone hacks you or steals your phone they now have your money. don't trust online wallets.

bitcoin is just a db that stores all the transactions and instead of a central bank storing all the transactions, /everyone/ does, including you… so therefore you can't "hack" it; everything has to fit into the system.

you can find physical dudes through localbitcoin.org i think it is.

please tell me you are not that ubuntu fag

Who?

...

Also stay away from coins like etherium and (((Zcash))), especially Zcash which is backed by Israel itself. We had a really good and informative thread on Zcash a while ago but no one bothered to archive it.

Yeah

the safest is just memorise your secret code or write it down on a coded note of paper and put it into your chimney or something. then make another of these secret numbers/public transfer key through app or computer program and transfer a bit of money to that if you want to use it buy a sofa or whatever and dont trust your l33t computer skillz.

well, you should probably read a bit more than that but this is not a computer support forum.

They don't, right now the kikes do, all banks have invested fucktonnes in gold.

bout… tree fidy

Redpill me on this. It sounds Marxist though I'm sure it's not.

Why etherium? bitcoin is old and lacks many of the features newer coins have. The community is so jewed that they can't even increase the transaction size limit.

Some autist who was spamming some brain-dead ubuntu-communities hippy shit (along with other leftypol-tier economic and monetary ideas) a few months back.

Of course every value is based on perception. But currently a lot of people percept it as valuable material for trade, because it has the right amount of rarity, it can't be artificially created, and it is extremely durable through time, compared to many other tradeable things. As long as no other more useful material for trade appears, or the trend goes towards silver, traders will percieve gold as valuable, and therefore there is demand for it. If other people demand it, you can sell it, so even if gold is not valuable in your opinion, in others eyes it is.

And just a little food for thought, imagine yourself having nothing but gold currently, you are hungry and thirsty, and there are people around you wanting gold, and would trade gold for food and water sources, is that gold still not valuable for you?

You have no idea what the real supply of gold is. You can only know what they tell you it is. That includes all the Jew owned mining interests. And there isn't any legal obligation or something similar that ensures that all the mining cartels and vaults that you don't even know might exists report the world gold supply accurately.
In contrast, with a national a fiat you have the issuance of money within the framework of a public institution, which also means you as a citizen have the right by default to pressure them over corruption. (And that is also something that is entrenched in a civil society.)

I'd just say he's glad the Fed is finally going down.

As Hitler once said, if I am defeated, the united states will finish the job for me.

Hahahahahhahahahahahhhhhhhhhhhahhahahah

eg 1 unit of currency is worth 1 hour of labor, it's what Hitler used to make Germany the world's nr 1 super power in a few years while also making unemployment near unexistant

in essence your currency is backed by work, unfortunately (((marxists))) tainted the word 'labor'

Don't the (((banks))) own most of the gold now? Hell, Goldman Sachs or whoever went on a massive gold splurge last year or something like that. Find something that the kikes don't control, it's the whole point of getting rid of the (((Reserve))) anyway. Uranium maybe? What about gems and stones? Shit like sapphires, rubies, emeralds, etc. No diamonds though, worthless and entirely kike owned. Labor would be better because it's been proven to be quite effective in a modern setting IE Nazi Germany. I dunno, something better than what the kikes own outright because then we're just switching from shackles to a choke chain

why is the catch so fucking hard to do now? I have to redo it a dozen times now before I get lucky and it passes, Jesus Christ this site is completely down the shitter

Does the US even have enough gold in reserve? I heard rumors that Fort Knox was emptied long ago.

That's the rumor, no one knows. Except for the faggots that work there.

It was all there at one point, I imagine (((they))) have moved it elsweyr since then.

...

Our gold mines are cranking out gold as fast as they can, all that gold has to be going somewhere.

No. There are 7 characteristics of ideal money:

Generally paper money fulfill only 3 to 4 of these.
Gold fulfills all 7.

Gold doesn't corrode for thousands of years. You can never lose gold, even if you use it in alloys, you can always melt it out back.
It has a use in itself, because it's the best metal for electronics, medical applications, jewellery and electromagnetic shielding. The only reason why it isn't used literally everywhere, is the low supply and high price.

Gold is the perfect currency, and will be still universally accepted even if the society as a whole stops existing.

Read, nigger. Read.

Technically they could but it would only really work if they sit on it and don't circulate any of it until they have a large enough quantity to go in one shot.

No, it has actual value as a currency. Gold doesn't tarnish, is extremely rare, doesn't corrode, is soft enough to split into smaller pieces by hand, only has 1 stable isotope so it weighs the same regardless of refining process if it is pure, has few industrial uses (modern high tech stuff works just as well with other materials, usually better), has a distinctive hue anyone can spot easily if they have seen the closest similar compounds, and even trying to synthesize it via nuclear processes is next to impossible.
There might be issues with a gold standard when we actually start mining asteroids, but likely that would just result in more money for space exploration.

Nothing makes a better currency than gold.

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The Conquistadors also fucked up the Spanish economy, but that was more silver than gold.

Except work based currency of course. Hell even fiat is better if it isn't lets-make-up-money-when-we're-lending-it-fiat(fractional reserve) and let's-create-money-with-a-debt-fiat.

I mean you are probably a jew but for anyone else i think they can see that you shouldn't back a currency with something your enemy owns all of.

Imagine WWII if Germany had enough nukes to obliterate the planet several times over, unquestioned naval control over two oceans, and the first and third largest airforces in the world.

Are you retarded? Is anyone going to care who does something as long as it gets done?

gold is usable

A meme backed currency would be useless because the normalfags would rely on the same memes over and over again and overuse them until it dies.

What are you trying to sell with this BS. Iron and copper have way more uses. (Not to mention enery resources).

This is the only sound argument I've heard against a gold standard.

It's also the best one for labour-backed currency.

Why would your labour ever be in another country?

Why would you want a currency that is everywhere and in abundance? It is no better then printing more money to solve the short term problems.

You probably have that brain damage that gold is wealth because it's rare (is it really?). Gold is not wealth. Some trying to meme that though.

Then what is it?

Am I gonna have to check these dubs myself?

I think you are making that shit up. Which currency are you talking about? The Rentenmark was backed by bonds.

webofdebt.com/articles/bankrupt-germany.php

Why just gold? We have a whole nation full of tangible resources we can back
Treasury-printed currency with, we'd just have to become strictly nationalist and stop allowing foreigners and transnationals to participate in our internal economy and buy up our resources.

Why would nationalists want their currency backed up by tangible resources rather than interest-bearing debt to rootless bankers? I just don't know!

I'm having a hard time figuring out what's so unique or useful about this. If a currency is "backed" by something, it means you can trade a note in (at a bank?) for some a given amount of it. So if America had a labor backed currency, you could buy an hour of a worker's time from a national bank? Can't you buy workers right now?

Also, not all work is worth the same. Is a an hour of a roofer's time worth the same as an hour of a bricklayer's time? Is it worth the same as a carpenter's, a machinist's, or a welder's? I don't think so. This sounds like it was made up by people who don't know how value works.

How does that even work though? Someone is going to be assigning the value of labor. Programming has to be worth more than construction (both because of supply and demand as well as the actual strain, yet no manual laborer would understand the actual strain involved in doing it every day for work because "you're just sitting on your ass all day.") Similarly, the people making up the values of types of labor are going to be taking a cut for themselves. Every system has a potential for rigging, the best option would likely be to take the gold back, distribute it then go from there.

I really want to understand this "labour backed currency" thing but everyone is talking about the Matrix and being autistic can someone just explain it in an understandable fashion?

Why not just back our currency with all of our national resources and our productive capacity, since that seems to make the most sense?

Yeah, ignoring the fact that a blog isn't a source, that post doesn't say anything like your claim that one unit of currency was the equivalent of one hour of work. You think they paid everyone one mark per hour?

It's about how the money is created. With fiat, you just run the press and print more. With gold, you mine more. With labor-backed currency, if you want to add more money to the economy you have people work more.

Programming, for the most part, produces intangible services of highly questionable value. Construction, for the most part, produces tangible goods of definite value.

It would seem to me, the most logical system would be a hybrid commodity/labor-backed currency.

Not even remotely. Programming is a force multiplier. You still need other industries, but stick a programmer in one and suddenly they are worth no less than twice as much. If you were to look purely at the increased gains provided (how much x do you get from y labor, where every x is some thing within any given industry) programmers would nearly ALL be billionaires.

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It's not a blog post, it's from a book called 'Web of Debt and i suggest you read it, the part in the link i sent you explains what i was saying.

Look up the Rentenmark; it's what saved Germany from its hyperinflationary period. I still think gold and silver especially are probably the most undervalued assets in history right now. When the shit hits the fan, everyone will be starving for a trustworthy asset with no counterparty risk. Leasing out gold and silver to facilitate transactions might be the most profitable business in the world when the collapse hits - if you can prove you're good for it.

Goys, the way you build advanced society is by digging not so useful yellow metal out of the ground.

Also gold is so exceptionally rare and useful that one of its main uses worldwide is jewelry.

I would counter that by saying China and India own a higher percentage of labour than Jewish bankers own gold, plus if your goal is to gas all the jews why would you care if they have gold? I'd just take it from them anyway. Its also a little difficult to back a currency on labour if you don't have any factories left, none of the next generation has any skills needed for manufacturing, and its cheaper for the rest of the world to just buy it from third worlders.

You didn't check , so yes.

Yeah. I read that. It still doesn't say what you claimed. And the Rentenmark was still backed by bonds.

Gold is valuable because it's an unchanging, inalterable standard against which objective values can be judged. In fact, it would be better if gold didn't have any industrial uses, but it still is used in sufficiently small quantities that the difference isn't too bad. The fact that it sits there, inert, for generations, even at the bottom of the ocean - this is what makes it valuable to be used as money. Steel is good for being railroad track but not so much as windows, because of its physical properties in the material universe. The same holds true for gold.

Because it is, its spook based subjective currency that the government could literally print as much as they like. Hitler's economy only recovered because he took advantage of global economy weakness to forgive the debt the previous government owed which he payed for in WW2. Theres a reason why he had no friends in Europe after that.

workers got paid directly by the government in labor treasury certificates (not fucking Rentenmarks) for the labor the offered on public works

this way Hitler injected labor backed interest free money into the economy, i might not have explained it perfectly but i was trying to give you an idea of what it was since you asked for it

in any case, read the book, it explains it much better and everything you need to know about the history of the banking system too

It isn't a standard, that's just a meme. Actually it would be interesting to set the gold price to 1 dollar / ounce and to see who would screams the most.

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You'd have to hold that for a LONG time to get anyone to sell.

It's a standard because of what it is. Gold doesn't corrode or change in almost any condition. Even aqua regia only dissolves it, it doesn't do anything to change its elemental structure. Silver tarnishes; steel rusts; but you can find gold coins that have been under seawater for a couple thousand years perfectly preserved. That's what makes it an objective store of value - the world changes but gold is always exactly the same.

Yeah but why would they sell when it's so useful right?

Historically it has ALWAYS been what people go to post-collapse and nations never live more than 300 years without major reforms. If it cost $1/oz I'd spend ever bit I could on it whenever I could find it just to stick it in a safe buried in the ground for my decedents.

Spellcheck was not my friend.

Dude, you fell for it.

Yes, more jobs will become automated, but that just means those people will die. People too stupid to survive are simply going to die. Either die out or get smarter. For nonwhites, the future is obvious.

ehhhhhhhhh

Kek, rare earth elements are fucking EVERYWHERE, they are just hard to refine without polluting so we only get them from third world shitholes.
Most work is already done by machines.
With a labor-backed or fiat economy where every degenerate is allowed to reproduce, you are correct. As the mudslimes have shown us, reproduction needs to be a privilege not a right.

pleasedontgetshotpleasedontgetshotpleasedontgetshot

Prove we have a sufficient amount to automate even a QUARTER of all manual labor. I’m not even going to get into the discussion about the existence (lack there–) of software capable of doing these tasks.
Define “most”. You’re trying to claim that there is a point at which technological advancement stops creating new jobs for humans entirely, which is a total unknown.
The problem is that their societies are woefully unhealthy. You have to enforce 1:1 male-female bonding.

They said it before, and they said it today. Ain't gonna happen, so sit on it.

Undoubtedly the fiat currency's fault. Let's have the gold fiat owned and controlled by Jews.

Counter-sage.

Sorry real programmers, but your field, like every other, has been glutted with shitty non-talent and lots of worthless consumer novelties rather than competent individuals and real innovations.

He already did: There are far more than enough metals to suit practically any task we need short of building a dyson sphere. Refinement has always been the problem.
Almost all work is done with machinery as a medium in between human input; If software could be developed to replace the human input, you'd be reduced to a tech nerd or two whose job is to make sure it keeps working.

Why are you saging this thread? Also, a commodity backed currency is the opposite of fiat, though without sufficient regulation things like fractional reserve banking can still occur.

What exactly are you trying to achieve, user?

Nearly all manual labor is ALREADY automated, you fucking retard. Instead of a field full of slaves there's now a drunken redneck on a tractor. Instead of a cave full of slaves there are excavators and other mining equipment. Instead of a factory of slaves there's a fucking conveyor belt with robotic arms and presses stamping out pretty much every mass-produced part. If you look only at the not-currently-automated-labor you're looking at about 1% of what it would take to have what we have without automation. Much like GPU realism that 1% is a real bastard, but not even remotely impossible.
No, cock-for-brains, I was refuting your previous statement:
The most energy-intensive jobs are ALREADY FUCKING AUTOMATED. The remaining jobs nearly all qualify as glorified pick-and-place machines.
No, the problem is the thousands upon thousands of years of continuous tribal warfare and hatred of the infidel (hint: it started well before the events of the bible) which bred them into a race of sub-savage violent psychopaths devoid of creativity and seeking only to destroy anyone not like them (inclusive of their cousins if the rest of the town is their siblings.)

I don't understand why this fallacy persists. Would you rather have an Ikea table, or something handcrafted by an artisan instead? Capital expansion and automation does not put people out of work. Kikes put people out of work. If the wealth gains that resulted from automation had been fairly distributed throughout the economy, you would probably be able to afford to hire a tailor; cobbler; interior designer; and other skilled artisans to make your life much richer.

Please see:

No, you faggot. The physics of the universe are infinite if for no other reason than the fact a system cannot describe itself. We have an infinite puzzle to unravel and use to exploit our existence we haven't even done more than graze the most superficial surfaces of because we've been too fucking focused on basic survival. Cull the retards and the controlling cunts of the world, reform Humanity as scientists seeking to dominate the whole of the universe and use the machines to handle the manual bullshit. This isn't fucking rocket science.

I sometimes forget how classic Y.T. is to meme culture.

Your man is an awesome dog
He reigns with internets
But with fives
He shows his love
I am the man now dog

shit this cant be true i cant believe his actually delivering…

*hes

Depends on which is better. And it's irrelevant if I only have the money for the Ikea table.
keep in mind, I'm aware that human labor will always exist, but automation will just further reduce the need for simple or mass produced labor. Which is actually a good thing.

That they do, but that doesn't mean nothing else does you retard.

Back to Holla Forums you money-thieving fuckface.

Why is your entire post a non-sequitur not refuting what I said? I'm simply stating how automation would affect people or how it'd work out.

How it affects people is the non-sequitur. Fuck feelings, fuck happiness, you don't achieve destiny by being a complacent faggot.

Right, fuck off with your technocracy autism, we're NatSoc and nothing else here.

Dude, this isn't a Holla Forums argument. The kikes have been printing money and handing it to themselves for decades. This has resulted in the gains from developments in technology to go almost exclusively to the subhuman kikes, this is not a fair distribution of wealth by any stretch of the imagination. The working class has been cut off from the benefits by the Bolshevik Jew Wall St. class.

I absolutely believe, in an economy without kike interference, the average middle class person would regularly hire a wardrobe designer, who would be him- or herself middle class skilled labor.

Humanity is great because of what it does, not because of what it is.

What the fuck are you talking about?
No seriously, are you under the delusion that they also hoard technology to themselves? Kikes love to parade around their shitty fucking inventions that they have to steal from whites.

Wealth isn't meant to be distributed fairly, now go jump off a cliff you commie fuck.

No shit, and this has nothing to do with 'muh fair dishtribooshun' you fucking commie.

Believe that all you want, but that's got nothing to do with distribution of wealth. Once you start giving people free shit lmao they quit caring.

It's both you stupid fuck. Also, that 'Humanity' includes whites and whites alone.

Whites are great because we do great things, not simply because of skin color.
We have the highest percentage of downies too, least you forget.

It has to do with monetary policy. Those closest to the printing press benefit at the expense of those furthest away, and with the kikes in control of the Fed, they are the beneficiaries of gains that should have filtered through the economy in the form of higher real wages. Household income has been stagnant since like the early 90s now, while critical goods and services like shelter; health care; and tuition have gone through the roof. You seem to be fixated on just the term "distribution of wealth." All economies, whether capitalist, socialist, national socialist, or communist have a distribution of wealth. I'm saying that kikes have nigger rigged ours to benefit them at the expense of working people; you should be able to understand what I'm getting at, here. I'm not talking about government-enforced wealth redistribution. I'm talking about a monetary policy that doesn't benefit (((them))) at the expense of everyone else.

Vid related why fiat currency must be abolished.

Fuck off.
And die.

Learn to economics, because I'm not sitting around here to teach you why the kikes use banking and international trade to make money.

Then say that instead of 'Wahhh its not fair' like a whiny socialist. The simple solution is to kick them out and/or gas them.

...

You are way too confrontational when we are, in essence, agreeing about things. What I'm telling you is that labor is never obsolete. If, by some miracle, there ever came a day that a robot could pick strawberries in the hot sun instead of humans, that labor could immediately be put to use doing things like handworking furniture that will last generations or making itself available to help you pick out a personal wardrobe. The more we can automate, the higher the quality the labor that becomes available to the average person - unless the kikes steal the gains of capital expansion through their shopworn kike trickery, which is exactly what they've managed to do over the past few decades.

Large amounts of people existing devalues labor.

It's exactly the opposite though. Gold is a well-used material in industry and silver isn't used for jack shit.

fuck that shit. precious metals dammit.

...

That's okay, if the gains from capital expansion are spread through the economy. One billion people can create more capital than one million; one million can create more capital than a thousand. A desert island with a thousand people on it would almost certainly never be able to create a modern computer.

I'm sorry, user. You're just going to have to work for a living.

Eat shit and die. Every other race can hardly be considered sentient, so fuck off with your humanism kikery.

I don't care, pull your head out of your ass and realize you worded things like a fucking retard.

You have a roundabout way of saying what I already said.

Too bad all those people are likely too retarded to do such things. All Automation will do is cull the weak through replacement, especially low-skill jobs and workers. Which, understandably, might be why some people are against having their livelihood destroyed?

This is based on the flawed Marxist theory that you can be whatever you wanna be. Now fuck off and die.

The same argument is used for importing shitskins ,now go fuck off and die.

Those closest to the mining cartels and the vaults and the gold fix benefit at the expense of those furthest away.
With a national fiat there's already a framework that they have to serve the nation as a public institution and from that follows that citizens naturally have the the right to put pressure on their institution. Who benefits from abolishing that?

I honestly don't see how we can have a discussion if you're going to assume the worst, wackiest version of what I say instead of listening to what I'm getting at. My workplace is full of normalfags. My boss used to design and create stained glass windows, now she works as a corporate drone because the kikes have stolen the wealth that working class people would have otherwise used on personal ａｅｓｔｈｅｔｉｃｓ. Another woman has a young son who dresses better than I ever will - if the benefits of capital expansion filtered through the economy like they're supposed to, she would probably be a fashion designer instead of a drone at a dead-end job in mass logistics.

Yes, but the difference is, the kikes can expand the money supply by a billionty percent a year, while there's only so many tons that can be dug up and refined, at great cost in labor and energy.

I won't tell you to fuck off and die like did, but there are fast approaching eight billion people in the world. Most of them are Sub-Saharan African or Indian. How will a labor-backed currency cope with this?

AYYY why don't you go live in a mud hut and stay true to nature then?

All there is to get off what you're saying is that you want free shit lmao and believe people will just became artists and designers once they don't have any money because the construction company replaced them with robots.

Fair question

It's a sharp looking hat.

looks shooped

People used to have 10 children 100-150 years ago what does it have to do with currency?

Shitskins are not part of the conversation here; we're talking about a national currency, not a global one.

I don't even, dude. There would be a lot less need for large-scale logistics operations if more stuff was done handcrafted; artisinal; and locally. There will of course still be a need, but it would probably be very highly paying work, because it's fucking boring.

No, that's exactly what would happen. The more drudge work we can offload onto machines, the cheaper and less labor intensive mass produced stuff becomes, and the more wealth people have and the more they can spend it on ａｅｓｔｈｅｔｉｃｓ and frivolities. IF the capital gains aren't all monopolized by kikes through monetary policy.

The only constant aside from written language and art for the past 7000 years is a medium of exchange

Is the fire finally starting?

all you precious metals fags forget we got rid of that standard in the 70s in order to save our economy - it's shit to share a currency with the rest of the world when other countries are so fucked, leaves us vulnerable. sure, get rid of/ audit the fed - but don't pretend like moving back to a gold standard wouldn't open us up to abuses from globalization

You're a retard, my friend. Enjoy selling your hand-crafted (I swear on me mums) jingly-janglies at a streetcorner called 慾望

I'm rilly disappointed.

Most people want fresher cheeses; warmly baked bread; batch-brewed spirits; and professional sewn clothing. And on top of that, that's the kind of work people like doing better than supervising machines or data entry when they can at all get it. Bread-making on an artisinal level is both an art and a science, and there's always room for experiments and improvements, which is generally not true in jobs that involve mass production. You are being disingenuous here, at best.

nobody here has those things

Fiat currency IS meme backed currency, numbnuts. It only has value because people THINK it has value, and share that belief with others.

People had large amounts of children because they were needed to work, and/or had a high chance of dying. In a highly automated world, you ideally shouldn't need more than three or four.

Fair enough. How will the national, labor-backed currency be used to trade with other countries? Even in a massive country like the United States, there are some raw resources that we need to trade for.

Nice trips, but no answer.

O>>8390540

And if the Chinese won't do it cheaper, the Indians will. If they won't the Nigerians will. If that doesn't cut it, the machines will. Besides, what with our benevolent overlords hellbent on eviscerating the middle class, you're just going to have to contend with life-time sweaters(tm), crunchy cockroach critters(c) and Le-Cube-Domicile(R) until you finally make it and can afford fucking artisan bread, you cunt

It won't be, the way Hitler did it was trading goods for other goods. We would produce things and trade those things for other things we want.

Who the fuck DOESN'T want a Springfield Armory 1911?

No contradictions here, more well to do people tend to have less childer, and technological advancement isn't happening because of gold currency.

Not always, to either. They overall had to work shorter hours than most, and times of plague/war are fairly consistent throughout history (although periodical), and they're certainly not gone from the face of the earth. The reason most have few children today is simple - because they're selfish, and don't want to put the effort in. Hence, "ghost parenting" is the norm, whereby little attention is paid to the few children they had.

It's like you faggots don't understand the game at all. When the Dollar delinked from Gold in 1971 so did every other currency. Now they're all just fiat, floating with no fixed exchange rates, value determined by supply-demand and market perceptions. But the US Fed still has 10'000 tons of Gold. If the Dollar gets into trouble they'll back it with gold again, it's a shadow gold standard.

I think Trump is playing 4D chess yet again. He's giving the impression he wants a strong currency while his spending policies would tend to weaken it. If he gets the balance right then confidence in the Dollar remains and America is made great again. The alternative is that the world continues towards an internationally issued reserve currency which the US successfully staved of in 1944 at Breton Woods. If Trump can make the Dollar appear strong while he makes America strong the SDR will be put on hold yet again.

No, this is by design. We need consumers.

what i would give to live there instead of having to choose between eating well and affording rent

Are you seriously suggesting white men don't have the potential in them to be great artisans? Fuck off with your anti-white bullshit. Once the shitskins are gone and jews are gassed, we can easily start surpassing the beauty of the renaissance.

That's what I've been complaining about all along. The kikes. It's not about doing it cheapest, it's about doing it best. That used to be the American ideology, until kikes drove everybody into penury by playing their Wall St./Fed games. There's nothing cunty about wanting the freshest cheese or bread from a bakery down the street run by one of your neighbors instead of some soulless cluster of machines in Orthanc. People prefer what's better, not cheapest - when they can afford the choice.

We are going to see armies tens of millions of men strong, mark my fucking words.

We are no longer living in the America our forefathers built with blood, sweat, and tears.

But we will be.

Point taken, but the people are this way because (((they))) bring out the worst in them. I'm sure for most part, (racial) Europeans have no bad intentions - but many of us have been programmed this way.

user, listen to me.
Money is a meme!

...

That makes sense. It might be interesting to see the barter system used commonly in international trading.

I think the reason most Westerners have fewer children these days is the perceived lack of need, combined with a feeling that they aren't financially stable enough to support a larger family.

It used to be that well-to-do families still had more (relative to now) children, though.

We need consumers because the (((global))) economy depends on an increasing rate of consumption.

This is a fact. Given the choice between a low quality prefab piece of furniture and something made locally by hand, I would much rather have the latter. The only thing that should be made by machine is something that requires mechanical precision or is dangerous to assemble by hand (complex computer chips or batteries, for example).

this guy gets it. the fed can increase/ decrease interest rates to counter inflation - you don't get this sort of flexibility with a gold standard the world adheres to. trump is absolutely playing 4d chess for america against the world, he must maintain the image of the value of the dollar on the world stock exchange stage all while implementing nationalistic policy.

the problem is most local goods are actually shit - you need strict standards to feed, house, and clothe a large population. people like trump eat mcdonalds because 99% of the time it's not going to make them sick, they trust insured and certified electricians to not let their houses burn down etc - there's a place for indie crafts and there's a real need for accountable, professional services you can rely on. this anti-consumerism hatred for big business is sounding a lot like communism…

can we make a rare pepe currency now?

Start our own cryptocurrency?

We do trade in rare pepes after all, are they the currency of the meme market?

THIS

Easily the best video out there on the US monetary system

Crap, meant to reference:

The ability to do this is a bug, not a feature. Giving humans control over the knobs of a currency like that allows them to manipulate the economy for political purposes. Of course gold is too inflexible, as you note. The solution is to use a labor backed currency, which is tied to the size of the labor market.

We're going back to 1945 with the end of WW2, this time we're going to finish what Patton wanted to do and erase the communists from this Universe!

go back to buzzfeed
you have to
you have to go

There do need to be standards and accountability, but most single storefront bakeries won't make you sick, nor will most single storefront restaurants. Hell, 99% of people who drink raw, unpasteurized milk will never get sick, either - some of theses standards are overly strict and operate functionally as anti-competitive measures put into place by big business. There are some goods and services for which homogeneity is a value for which you pay more - I can get a filling meal from Local Taqueria #32 for less than I'd pay at KFC. But when I'm in an unfamiliar town, I regularly pay more just to get the known quality.

Why not just create a cryptocurrency backed by silver?

Kill yourself, seriously.

but they NEED to manipulate the economy for political purposes, that's why the gold standard was abolished in the 70s. it's the artificial, nationalized manipulation of interest rates and control of import taxes that allows for a stable economy in the face of a destabilized world. if the world goes to shit, can the usa quickly adjust the size of the labor market? that's almost as inflexible as gold. that said, there absolutely should be checks and balances when it comes to fed, that's why i'm all in favor of it at least being audited

YES
YES
YES
HAPPENING

...

The gold standard was abolished because the filthy frog Charles de Gaulle backstabbed the US after we fought his war for him in Vietnam - the French knew we were cutting checks we didn't have enough gold to repay, so they started demanding gold payment on our notes, despite the fact that we put ourselves into that debt in the first place to save their snail-eating asses in Indochina.

Stop, I can only get so erect

This used to be called war or wastage.
Mexico has practically 1 million men under arms, less than 1% of the population. What the fuck would you do if they march on Texas?

b-b-but muh deflationary spiral, oy vey

Actually shoot them? Call in the National Guard and Army? Even if the government itself was complicit and let Mexico just walk in so blatantly, there would be mutinies.

you only seem concerned with when the dollar loses value/ they "print too much money" - but the dollar can also gain too much value, that's when the feds raise interests rates to keep things under control. wouldn't want everything to be imported, would we? we don't need the fed to be unchecked and we certainly don't need it to be run by jews, but our money must be flexible.

trips of truth, check'd. when everyone lost confidence in the dollar many countries demanded gold, yes, and it got us into trouble. a fiat currency helps insulate us from stuff like that, these markets are very much influenced by public perception - and that's why we need trump's 4d chess

They can manipulate the economy with gold just fine. They are very in control of the supply and they have the scarcity as their leverage over the economy. You'd delusional to think they'd let you hoard your own gold beyond some leftover change. Didn't fractional lending also worked with gold for centuries? (And where does the Jew wealth come from if not from gold.)

Fallon is smart enough to not burn bridges with anyone who may end up in power. He never outright favored one candidate in either party over another and treated all fairly for the most part. Unlike the other late night hosts.

AHAHAHAHAHAHA, FUCKING LIBSHITS GETTING REKT

Nice one little buddy, been watching Steffy Molyhownew.ru? It's almost the exact quote on the subject.

Hope you've been saving your (copper) pennies and nickels, my friends. I certainly have been.

No, his voice annoys me. Why do all the "right wing" youtube people talk like they are on drugs or scolding toddlers?

I sure have, trips user.

Dunno, sport, let's ask your parents.

Who?

Aww, did I hurt your feelings? I'm sorry, I won't make fun of Molyjew anymore.

It's no optimism, I simply mean that the average person is dumb as a bag of bricks, but that they mostly mean no harm. Unless you're of course talking about the nature of men, which is partly violent, but these desires can mostly be directed into creative spirit. These desires can also be appeased by the stylish execution of criminals and wartime.

Heh. Obama kills more muslim children than Pinochet ever killed Commie subhumans, but because the General did it with a little bit of artistic panache, leftists are still terrified of him to this day. A little ａｅｓｔｈｅｔｉｃｓ goes a long way.

6 & 7 are complete bullshit. 6, in fact, is actually fucking terrible. Having anything with a limited quantity as money is fucking stupid; either that or you're a big fan of deflation. 7 is bullshit because nothing has "value in itself." Even if we were to consider it as having "inherent value" it would be no different than paper money. Paper has "inherent value" the same as gold does, just far less of it for the same quantity. Its "value density" in this hypothetical scenario would be less. Or do you think paper is free? Goddamn you neoclassicalists need to stop equating small quantities to zero. You can't fucking do that, retard. At any rate, that's all bullshit anyway because money is only worth what other people will give you for it, and thus is entirely unrelated to what it actually is, save for how that may influence people's perception of it. If everyone in the world thought gold was entirely worthless it would be. Just the same, if people think the paper money has worth (i.e. they have faith that other people will trade for it) then it does. All money is is a collective agreement of perpetually unfulfilled credit; an agreement to all give each other desired resources in affordable quantities, based on the faith that their own quantifiable credit will be honored just as they honored the credit of another. Money is merely a way to take this abstract and make it "real."

To put this in less abstract terms, consider modern trading without money. Imagine getting a beer from the barman not because you paid him but because you both agree that the barman will be compensated by something in return you, and everyone you trade with, agree is fair. The barman, in turn, receives a haircut because the barber has faith he can be later compensated for his services just as the barman was compensated for providing the beer for you, a third party, by getting the haircut. In turn, you give the barber a bottle of lotion you manufactured, and he is thus compensated for his haircut while you have fulfilled your outstanding duty of compensation for the beer. This, what could be called a credit system, is merely a collective agreement by all parties to give each other what they need and want in quantities that are felt to be fair. They could streamline this by tabulating and quantifying what each owes, a hard-credit system, but they could also do the same with money. Money merely takes this abstract agreement to work together that most may not even recognize and transforms it into a transaction-by-transaction system where we feel as though we are only involved in our own trades. Money is merely a way of compartmentalizing this vast system of faith-based interactions; a way of making it seem more "real" than merely a belief that one's labors and actions will get one goods and services in the future. Gold is just a way of making this seem "real" even further still but it is just as illusory. The lynch-pin of the system is not money but faith. The system could function entirely without money but should people suddenly not believe their actions will be honored it breaks down catastrophically.

5 is debatable as gold, not being an abstraction, can never be accurately divided the way fiat money can. The same way it is never fully homogeneous, while fiat money is always homogeneous. So long as a dollar note is recognizable as a dollar note, it's worth the same amount as any other dollar note.

It literally isn't. It's deflationary as all fuck, completely uncontrollable, and claiming it will be universally accepted is a blatant lie. You cannot guarantee that anymore than you can guarantee that Google will always be a worthwhile company to invest in. In the end, all you have is the (probability based) faith that people will trade for gold; i.e. gold is a faith-based currency, just the same as all the others.

Your economics is shit.

Deflation is a good thing. As capital grows, things should become cheaper. Think of the amount of deflation in things like HDD space, or RAM. Is anybody complaining about computers getting faster and cheaper by huge amounts every year? I have a couple orders magnitude more computing power in my phone today than my first laptop had.

Shiiiiet let's stand in the middle of the highway and address our problems to their assigned representatives: random drivers.

I think we can trust his S.S. detail, he consistently praised them during the campaign. S.S. probably know about all the leftists making threats & shit against Trump, they're just waiting until he gets into office to start prosecuting the fuck out of day of the jackal larpers on twitter.

How does capital grow? And you can't eat RAM, that shit is only as valuable as the use it's put to.

Trump is gonna get JFK'd. Make sure the kikes know that's going to end badly for them.

The point of a gold backed currency is that the total supply of money would be theoretically pegged to the amount of gold in reserve.

But in practice, central banks have a hard time controlling the amount of money in circulation because banks just lend to their hearts content, and credit is money as well. This is why all central banks try to target real interest rates instead, which is the price of holding money, or how much people will pay for it in the form of a loan.

The point of the gold standard, which is two or more countries having gold as their international currency, is that neither can try to devalue their currency in the international market. They can't increase their exports by manipulating exchange rates, because there's nothing to manipulate - all currencies would be denominated in gold. This, coupled with a free trade agreement, means that both countries essentially give up on trying to game the international market.

I'm so ready to send the (((fractional-reserve bankers))) right where they belong.

BEST TIMELINE EVER

Relevant screencap

Pres Kennedy was antiwhite

It's hard to make a strict naturalistic definition, because capital is something specific to human beings. Dogs - well, I guess you might say that dogs have a rudimentary idea of capital formation. When they bury a fresh kill in dirt so they can come back to it later, that's essentially an example of dog-centric capital formation. It's just that humans do that on a scale that no other known creature is capable of. I would say that inventing new products and processes is a form of capital formation, as is the coining of money, and the discovery of new resources. If money creation exceeds capital formation you get inflation. If capital formation exceeds money creation you get deflation. Deflation is better, because it encourages investment and allows savers and investors to disproportionately benefit from delaying gratification. We need to encourage slow time preference instead of immediate gratification, that's one of the key philosophies that separates whites from niggers.

No, it isn't, you mongoloid. Deflation, unlike inflation (which is also shit), cannot be controlled. Deflation can spiral, while inflation can't. All deflation does is encourage artificial saving rather than a natural market balance of saving and spending.

No, they do not become "cheaper." Pretending that their worth can be manipulated by currency is a Jewish trick. All you've done is change the amount of money that represents that value, and because the number looks smaller you pretend it's "cheaper."

Stop confusing worth of currency and worth of goods. Computational technology has decreased in price because of advances in our resource management (i.e. "technology," loosely). It has nothing to do with currency.

But user, this is bullshit. The only thing that determines who these actors are is their proximity to money creation, which is, as far as I can tell, a political process.

THIS IS A PERFECT ADDITION TRUMP'S INFRASTRUCTURE PLAN

WORK MAKES THE MONEY

>archive. org/stream/HowHitlerDefiedTheInternationalBankers/HowHitlerDefiedTheBankers_djvu.txt

flood control, repair of public buildings and private residences, and construction of new
roads, bridges, canals, and port facilities. All these were paid for with money that no
longer came from the private international bankers.

currency. To pay for this, the German government (not the international bankers) issued
bills of exchange, called Labor Treasury Certificates. In this way the National Socialists
put millions of people to work, and paid them with Treasury Certificates.

owned by the international bankers). It was essentially a receipt for labor and materials
delivered to the government. Hitler said, "For every mark issued, we required the
equivalent of a mark's worth of work done, or goods produced." The government paid
workers in Certificates. Workers spent those Certificates on other goods and services,
thus creating more jobs for more people. In this way the German people climbed out of
the crushing debt imposed on them by the international bankers.

on its feet. It had a solid, stable currency, with no debt, and no inflation, at a time when
millions of people in the United States and other Western countries (controlled by
international bankers) were still out of work. Within five years, Germany went from the
poorest nation in Europe to the richest.

of foreign credit to Germany, and despite the global boycott by Jewish-owned industries.
Germany succeeded in this by exchanging equipment and commodities directly with
other countries, using a barter system that cut the bankers out of the picture. Germany
flourished, since barter eliminates national debt and trade deficits. (Venezuela does the
same thing today when it trades oil for commodities, plus medical help, and so on. Hence
the bankers are trying to squeeze Venezuela.)

the famous Autobahn, the world's first extensive superhighway.

TL;DR
Money is printed in exchange for public works. Labor creates the currency. This incentivizes real work and destroys banker shills.

t. fat it guy

I don't believe deflation spirals are a real thing. People will always have needs, and they will also always have wants. There is a threat that capital will be exhausted - people will eat the seed corn when hungry. There's no threat that people will save too much money. Very few people are so miserly they'll refuse to enjoy luxuries after long labor.

Gold and silver money prevents it from being wholly political. It makes an objective, material substance the root of money, and no politician can conjure gold from thin air.

Checkidy.

I think that's the ULTIMATE bad goy plan

I hate to say it user, but that is how the Soviets became a space-traveling military empire. With slave camps.

No, but someone in the possession of a surreptitious supply could certainly do all sorts of political conjuring. There's nothing objective about it except the fact that it's an element. In this case Helium would be a superior option as eventually, if it isn't bottled, it will fly off this marvelous orb into space.

You mean the completely subjective meaningless debt that was assigned merely because the other countries were buttmad?

checked and sure Arbeit machts frei but that isn't sustainable, we can only build so much public infrastructure and so many public edifices before we've devolved into building pyramids.

Helium is not easily transportable or divisible. Our ancestors chose gold for a set of reasons - very good reasons. You're right, America is about to get hardcore ridden by China and Russia because King Nigger of Afroeconomics exported all our gold to those nations. They played the game better than our leaders. There's no way to sugar-coat it. What's going to happen is those nations will lease gold to us, and they'll build factories here and economically colonize us while we scramble to rebuild our own capital base that has been destroyed by 40 years of economic rape. Unfortunately I think there's honestly no help for it. We're the world's greatest culture and world's best innovators. We will retake our place at the top of the heap. But there's going to be a lot of pain before that happens, so I hope you, like me, have been storing as much by way of precious metals are you dare afford.

Yes you can, it's called repudiation..

(self-check)

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You might want to downplay the Nazi angle for normies. Ann Coulter and Sam Hyde can take it straight.

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Don't just Tweet Trump. Get his supporters talking about it. Make this part of the conversation. Labor based currency.

We can always build a second wall. That or we could put a sunset provision on the labor money. We have maintenance that needs to be done all of the time. It might be sustainable. We'll figure that out later.

well /k/ did some experiments with a rape-based economy. Results were inconclusive.

Helium is not easily transportable or divisible.
Sounds like a technical problem. I don't see your point. As for the rest of your post, seems like a good reason to stay off the gold standard, or any other element for that matter.

I forgot to mention that it disproportionately burdens debtors (who find what they owe growing because the numerical amount can suddenly buy a lot more) which is A) Jewish, and B) The definition of market interference.

Also, to put it in more concrete terms, what you're saying is that if I have two currencies A and B, and I get paid A20 an hour or B40 an hour for the same job and work, and it costs me A20 to buy a beer or B40 to buy the same beer, currency A is better because the numerical amount is less. It should be obvious this makes no sense as everything involved is worth exactly the same; the only thing that has changed is that one represents the value with twenty units of currency and the other represents it with forty.

So them historically happening isn't real? They are perfectly sound and happen because of human perception and conflation of currency with worth, just as you have done. Here it is:

In contrast you have inflation where prices increase but wages can simply be increased to match, because no one objects to getting a "raise." The problem comes, of course, when you begin overburdening creditors, discourage saving, and artificially increase spending because people suddenly think they have more money. This can be ameliorated by simply not inflating the money supply but this doesn't happen because of political concerns.

And what you end up with is a sluggish, uncompetitive economy that lags behind everyone else because instead of spending what they normally would people are encouraged to be miserly. Deflation muzzles the industry of the populace.

But they can conjure paper? The only difference is that paper is a lot easier to come by but it is just as "objective, material" as gold. Which, by the way, is entirely irrelevant since it is all faith-based anyway.

he does everything to end up like JFK.

holy crap.

The gold standard will happen for the reasons I just mentioned. China and Russia have the gold, so they'll establish the golden rule - he who has the gold makes the rules. The only thing we can do to resist that is a labor-backed currency like the Rentenmark. Even then, it'll only staunch the bleeding, not heal the wound. It's going to take us at least a generation to turn America into a manufacturing powerhouse once again, but once we do, we'll also have the strength of our culture, values, and innovative spirit backing the semi-skilled labor at the foundation. We will come out on top. Just don't expect it to be a short battle.

Nothing that changes in the markets changes the weight of ounces in my possession. Gold and silver are the barycenters around which the entire world revolves. Look into Nanex - the kikes have been artificially suppressing precious metals prices for 30 years. But sooner or later Comex will collapse and they'll be driven to parity by market forces, because gold and silver are the ultimate asset, the only asset in the world completely free of counterparty risk.

That's not how you meme, kike.

Quit it with the proxy.

This is a tautology, a meme. e.g He who has the guns makes the rules, or he who has the votes makes the rules. He who has the trust makes the rules, etc. Stop being a fag.

im not using a proxy.

and why 'kike'?

That's why it deflates. Exactly why it deflates. If the total value in your economy grows (which, in a healthy system, it should) then in order for the currency to be worth the same its supply needs to increase. If it can't increase then every unit of currency suddenly represents a much larger portion of the value in the economy; i.e. the worth of money increases. The currency deflates.

You seriously believe that everyone is going to want your gold for all time? For the same amount of value too? You're delusional. Gold and silver are among the least worthwhile assets as they have very little productive use for most people. Most of their worth to people like you comes from the fact that you believe other people will want it.

And demand for gold is driven by perception.

If you want to call gold a meme I won't necessarily argue with you. But gold is a meme so old and so ingrained it crosses across every line - culture, race, religion, historical period - there was never a time when gold was not valued as a medium of exchange, and I don't think there ever will come a time where it isn't.

Their non-productivity is their value. In a world where everything is in flux, the thing that changes least has a special kind of value. The world is a fire. Gold burns very slowly, and within the context of a fire, that is a unique trait that leveraged to manipulate the overall shape of the fire of existence. Ugh, this is extremely esoteric and I wish I could explain it with less reliance on mystical language. It's a heavy weight where most things are as light as air, the difference has its own kind of use.

Well, wouldn't you feel kinda stupid sitting on a heap of gold while your trading partner had all sorts of useful stuff like factories and very specialized knowledge?

Not really. Both are useful. Eh heh, my ex used to call me a dragon-kin. The factory has more risk and more reward, while the gold is a stable factor against which risk and reward can be measured. Would you rather find a safe full of worm-gnawed Confederate currency, or a safe full of gold? Gold outlasts men, corporations, and empires. Its value comes from its stability, its changelessness.

The problem with inflation is that businesses take on loans to buy inventory, then deflation hits and the businesses can't sell the inventory for the price they purchased it, and if they took a loan to buy that inventory then they're fucked unless they got a magical negative interest rate loan, basically meaning they are paid by the reserve to spend money, which is feasible but highly unlikely to ever happen. That's usury for you.

Ok, you got me. Sell me 5 hectars of solar surface!

"Non-productive" is not the same as "unchanging." Gold is not unchanging anymore than anything else is. Thousands of years ago I could trade a fair amount of gold for a good horse; today I could trade the same for a car. Does that imply the car and the horse have equal value?

The fact is that gold changes based on how much people value it, which changes not only by the age but by every infinitesimally small moment in time. It is no more "unchanging" than anything else. I cannot reiterate that enough.

The rest might as well be emotional pleas. Just because you're enamored with gold as a material doesn't give it the mystical properties you ascribe to it. It starts from false pretenses, and thus gives you false conclusions. The point isn't that gold is a bad currency (although its deflationary properties make it worse than abstracted currencies) but that it is in essence identical to every other currency on the planet.

A capital good is a good that can produce other goods. So stuff like hammers, cranes, robots, humans, etc.

A currency based on rare Pepes?

Make it divisible, transportable, changeless, and a unit of account and I'll try. As it is, any given 5 hectares of solar surface is actually extremely volatile, and it's awfully hard to put in your wallet. I can carry enough gold to buy a mansion in a backpack, and that's at massively inflated real estate prices and massively suppressed precious metals prices.

Gold can't be replicated by fiat. That is the most vital difference. Look, the Jew fears the gold. A couple weeks ago they dumped 8000 tons of nominal metal on the markets in the span of three days. That is complete, utter madness. That's more than 4 years production. They dumped that much paper on a whim, just to keep gold from breaching a pointless technical barrier.

I want to point out that I absolutely don't believe either of you are stupid. But I don't think you're appraised of all the facts. I've been watching the gold markets, via Zero Hedge and Nanex, for over a decade. I've seen the kikes pull every trick in the book to keep precious metals suppressed. There's a reason they do as much interfering as they do - and it's not because they think it's not important. There's as many as 400 oz of nominal gold for every ounce of literal metal that has the common decency to actually, you know, exist. The former chief of the German financial regulator said that fraud in the gold markets is bigger than LIBOR, which was the biggest financial fraud in human history involving tens of trillions of dollars in assets. I absolutely implore you to get up to date on the gold markets, because there's a killing to be made and Holla Forumsacks are the ones most deserving to make it.

do normies think this is complex maths?

If gold is such a bullshit market why would i want to invest in it? Dumping 8000 tons of gold.. aren't these Jews supposed to be smart, like you seem to imply? Gradually getting rid of a liability so as to maintain a profit?

...

I forgot, in my rant on gold, to mention other concerns. First is that while I have accused gold of being deflationary it need not necessarily be so. So long as you get enough gold to issue currency at a rate about equal to the rate of growth in your economy it shouldn't have this property. This begs the question, though, of why gold need be involved at all. If, in truth, all one seeks to do is limited the rate of currency growth (the objective of "gold-backed" currency) then it would be much simpler to do with legislation. After all, do you really trust the government to honestly tell you the amount of gold it has anymore than you trust it to not overprint currency?

This ignores the fact that they won't. This is how fractional reserve banking got started in the first place. The bankers noted that the amount of money withdrawn at any one time was far less than the money in reserve, and thus they could issue far more credit than they were actually good for, so long as not everyone came to withdraw their money at once. In the same way it is a safe bet that not everyone will clamor for gold instead of money at once, and thus entirely probable that the government can simply overissue currency betting that not enough gold will be claimed to prove it.

Ignoring the points I made above, gold does not stop overissuing for the simple reason that governments cannot be trusted to stick to a gold standard and not overissue anymore than they can be trusted not to overissue without a gold standard. Simply put, the gold standard only works for its intended purpose so long as governments honor it, which puts the failure of the system the same place as it is anywhere else. Ergo, gold is not anymore reliable than anything else.

You want to invest in it because it's a bullshit market. Gresham's law is that bad money drives out good. This is a kind of variation on that - real gold, the actual, physical metal, is vanishing from the market, while fake Juden scrip with the world "gold" written on it is flooding every corner of the earth. Get your hands on as much of the actual metal as possible, and when the paper markets finally collapse, you'll be able to clean out everybody else at the table. Maybe gold is a meme. But in which case, gold ETFs are a forced meme, and actual gold metal is the real, genuine, organic meme that everybody wants a piece of.

I've got work in the morning so I'll see y'all later. Get a piece of the action because for now, it's nearly free for the taking. Silver is a better investment because industrial processes consume silver while almost all the gold that has ever been mined has been stored up in recoverable quantities.

Only assuming that everyone carries around gold instead of promissory notes, which is not guaranteed. And, again, this is a bad thing. It makes gold deflationary. See:

I doubt it.

And this is 100% irrelevant. It doesn't matter how stable or unstable gold is in price because at the end of the day it is no more mystical, magical, or different from any other commodity or resource in the universe.

I appreciate that but it still is entirely irrelevant to having a gold-standard. If anything that just proves points against a gold standard, as it is thus clear that the worth of gold can be manipulated easily — and is. That's not good for currency.

en.wikipedia.org/wiki/Great_Bullion_Famine
You have to be careful pegging a currency to a finite element.

niggers do

As much as I hope this is true, it will never happen.

The US and world markets would be obliterated in moments.

Not only was John a niggerloving faggot, but he didn't try to end the fed. He tried to slow Israel down just a tad bit, and got his brains blown out.

I'd like to offer you a most heartfelt complimentary high-five

No nukes? Full loyalty of the USN?

We win that fight.

Can I get that in a promissory note to claim later?

You cannot forgive debt you owe other people and not expect consequences.

It is, the anons who think that it's better over the Gold Standard are either idiots or shills.

Trump's gonna get JFK'd at this rate.

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We must secure a meme based currency
(7575 checked)
Well, a meme based currency not based on pepe, i can only think of doge coin.

What about…labour-based currency?

Redpill yourselves people. Don't be lazy 4channers now, this is Holla Forums.. Try to stay on topic, this thing got shilled to high heavens.

what we know WORKS:
labor-backed currency and nationalizing banks(germany)
nationalizing banks(iceland)

and this makes perfect sense because the currency isn't lets-make-up-money-when-we're-lending-it-fiat(fractional reserve) and let's-create-money-with-a-debt-fiat like iv'e said in a previous post the only problem you have left is that some government may print too much cash…

this could be solved by an independent organization built somewhat like the court system where you have half government appointees and half randomly selected people - by ballot for example - holding office; and continually shifting these people. This could work, because if the only choice is if you should print more money or not even average citizens will be able to make a wise choice concerning it. So get this to Trump lol.

But even if you have a rogue gov printing too much money it will by default be a lot stronger currency because money won't be created with debt and banks won't be able to inflate the currency every time someone takes out a loan as happens now.

So, nationalize the banks; this will automatically be good for the value of the currency – you couldnt possibly make the argument that debt is somehow good unless you were a shill and it /did/ work for Iceland and Germany. Institute American Labor Certificates and have this as a side-currency to fund public works and provide jobs if you like but /don't/ implement the gold standard – the jews own all of it!!

what will ron paul do if trump ends up doing what he could not?

IS THIS REAL???

On 8ch we try to keep a low noise-to-substance level. do try to keep up chaps lest SUBSTANCE should be lost in NOISE.

cheerio

If true I hope he lives in a nuclear proof bunker. Every other one even hinting on going back to gold standard has been murdered.

The U.S. has always used both, which pissed off the Brit banks to no end.

holy shit is full/pol/ becoming full of fucking cancer.

grow up, nigger

Well, according to Hillarys email, Nato destroyed Libya because Gaddafi was planning "to establish a pan-African currency based on the Libyan golden Dinar."
foia.state.gov/Search/results.aspx?searchText=C05779612

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I FEEL IT IN MY BONES

Normalfags don't know maths because of Common Core.

THE GOLD STANDARD IS NOT A SOLUTION. IT IS JUST ANOTHER METHOD OF KIKE CONTROL AND DOES NOTHING BUT HARM A NATION'S ECONOMY

What we need is a government backed, debtless fiat currency like Lincoln's greenbacks or Hitler's reichsmarks. A gold-backed currency does nothing but artificially limit the size of our economy to the physical stockpiles of gold in reserve. In reality, gold holds no more "value" than paper, as both are simply a means of exchanging items of real value that required labor to produce. As I said, the size of an economy with a gold standard is limited to the physical stockpiles of gold, as there will never be enough gold-backed currency available to fuel investment in new industry. In this scenario, you will experience rapid deflation and your economy will collapse.

Gold is not a viable or favorable standard to return to. Instead we should focus on a government-produced currency free of (((debt))), which can be produced or removed as needed in order to keep up with the growing size and needs of the economy.

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Are you just pretending to be retarded? The US grew at the fastest rate in human history, and did so sustainably, under a gold standard.

And the greenback collapsed, just like the reichsmark would have. You can't trust the government with a printing press.

The size of the economy is NOT limited to the size of the gold reserve. This is a stupid myth spread by literal kikes. Instead, gold reserves tend to accumulate in stronger economies. The reserves are an INDICATOR of economic strength, not the CAUSE of it.

And name me one, JUST ONE ECONOMY in all history that "collapsed" from low, low prices.

Deflation is the biggest kike boogyman in history. Another example of them making something good out to be something bad so they can steal some money. They have used the excuse of "fighting deflation" to rob ~100% of the MASSIVE economic gains of the last century–the average wage-earner today should be making the equivalent of about a half million dollars a year. This is how much they have stolen from us.

Too bad you're already a nigger for thinking it is one.

A goat. Fitting, eh?

trips confirms this is the plan

Also, with gold in such short supply the Jew bankers can just sew up the supply more easily, like they did back then.

What the fuck are you even talking about? Back then, you could go to any bank and trade US dollars for gold dollars. They were freely interchangable.

It is only when we handed our economy over to the kikes in 1913 that they suspended convertibility and stole all the gold.

I'm not even pushing a gold standard so much - there are viable alternatives, as indicated by the Rentenmark - but the thirst for a risk-free vehicle for investment and to facilitate transactions is going to become so intense during the next economic collapse that gold and silver themselves will probably become highly overvalued for a certain span of time, that becoming the perfect time to sell.

You're not actually this retarded, right?

My biggest concern is that a lot of countries hold the U.S. dollar in reserve, if we went back to the gold standard, we'd effectively cede a lot of our gold reserves away. That and, of course, the kikes own a shit ton of gols.

Hehehe, that nice wet thunk at the end.

Why not do what Hitler did and use a currency backed by the productivity of the country? It worked out pretty damn well enough to start WW2.

Of course that's ideal but I don't think we're fortunate enough for Trump to bring fascis economics to America.

Just imagine someone hoarding that shit only to die of radioactivity

Slow and steady I suppose. If Trump can keep this up we could see a slow rise to fascism in future Presidents. Maybe a future Trump, Barron maybe?

Because labor isn't fungible, ya dingus.

The "labor backing" was just a marketing gimmick to get people to accept the new government scrip. It was just a fiat currency. The 3rd Reich just didn't last long enough to see its inevitable collapse from overprinting.

The gold standard is the only long term solution that has consistently worked throughout history. Look it up. You won't find a circulating fiat currency that has lasted more than 70 years (and that was the first widespread one, the "flying money" of the mongol Yuan dynasty in China).

The US has military bases in practically every country on earth, and the only other largest militaries are china, India, and russia, all of which have much better things to do than fight some bankers' war.

I like the idea of gold too user, but what do you do when the Jews hoard it all up like they already are? Hell, if I remember correctly isn't Ft. Knox's gold reserves supposedly completely empty?

Tell that to Benjamin Franklin you jackass, do you even know why the United States was started?

Before the war, the colonies sent Benjamin Franklin to England to represent their interests. Franklin was greatly surprised by the amount of poverty and high unemployment. It just didn't make sense, England was the richest country in the world but the working class was impoverished, he wrote “The streets are covered with beggars and tramps.”

It is said that he asked his friends in England how this could be so, they replied that they had too many workers. Many believed, along with Mathus, that wars and plague were necessary to rid the country from man-power surpluses.

“We have no poor houses in the Colonies; and if we had some, there would be nobody to put in them, since there is, in the Colonies, not a single unemployed person, neither beggars nor tramps.” - Benjamin Franklin

He was asked why the working class in the colonies were so prosperous.

“That is simple. In the Colonies, we issue our own paper money. It is called ‘Colonial Scrip.’ We issue it in proper proportion to make the goods and pass easily from the producers to the consumers. In this manner, creating ourselves our own paper money, we control its purchasing power and we have no interest to pay to no one.” - Benjamin Franklin

Soon afterward, the English bankers demanded that the King and Parliament pass a law that prohibited the colonies from using their scrip money. Only gold and silver could be used which would be provided by the English bankers. This began the plague of debt based money in the colonies that had cursed the English working class.

The first law was passed in 1751, and then a harsher law was passed in 1763. Franklin claimed that within one year, the colonies were filled with unemployment and beggars, just like in England, because there was not enough money to pay for the goods and work. The money supply had been cut in half.

Franklin, who was one of the chief architects of the American independence, wrote:

“The Colonies would gladly have borne the little tax on tea and other matters had it not been the poverty caused by the bad influence of the English bankers on the Parliament, which has caused in the Colonies hatred of England and the Revolutionary War.” - Benjamin Franklin
peakprosperity.com/forum/hidden-history-according-benjamin-franklin-real-reason-revolutionary-war-has-been-hid-you/4358
Stop spreading the Jewish Gold and Silver meme, finite currencies are almost as bad as debt-backed Fiat.

whoops meant for

You need metaphysics in your life son.
How's your life of empty materialism?

Probably talking to peter schiff.

In spite of the gold standard, not because of it. Isn't interesting that whenever a country actually has to mobilize the country and the economy, they have to suspend the gold standard? Maybe it's because it's an incredibly inefficient system that puts arbitrary limits on the economy that don't need to be there.
the greenbacks and the reichsmark were the bedrock that rebuilt the post-civil war US and the post-WWI Germany respectively. You can't make baseless claims that "the reichsmark would have collapsed" simply because it supports your ideology.
No it's not, you dumb nigger. This is basic economics If your currency is needlessly pegged to a physical supply of gold, then you are incapable of producing more currency as needed to keep up with economic growth unless you find more gold reserves. There isn't enough physical gold in the Earth's crust to back the economies all the modern industrialised states.
No one is saying that gold can't be an asset, but to back your country's economy with gold is idiotic.
Deflation was one of the many problems that lengthened and worsened the Great Depression.
Jesus Christ you're a stupid nigger. Deflation is bad because it causes people to reduce spending, which results in less production. This has the result of A. more unemployment, and B. businesses going out of business because they are unable to sustain continuous price-cuts.
You really don't know a goddamn thing you're talking about, do you?

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Don't forget the colonial Scrip, Lincolns Greenback was a return to Ben Franklins ideal currency.

Nigga you what now?

Isn't Platinum some sort of Super Gold, like Gold is Super Silver, like Silver is Super Copper?

I always thought about those metals like this

worked well for John F Kennedy

Yet another (1) JFK post.

Are you threatening him?

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The difference is we have an effectively unlimited supply of fiat currency. We could print bills that say eleventy quadrillion dollars if we wanted to. Hell for a while in 2011 people were seriously considering minting TRILLION dollar coins. The gold supply on the other hand can only be increased by finding more gold which can only be done at a more or less fixed rate.

In theory thats what we have now. Fiat currency IS meme backed currency. The meme being how confident people are in the currency, of course its not quite that simple. There is a reason USD is sometimes referred to as the petrodollar, its because its arguably an oil backed currency, at least partially.

While a gold backed currency might serve to curb inflation its ultimately somewhat arbitrary, inflexible and can be rather limiting if the economy is growing faster than the increase in gold supply. A better option I think would be an energy backed currency. Every transaction and operation whether you are growing food, baking bread, shipping the bread to market or selling the bread has an inherent and quantifiable energy cost.
Furthermore you can't just pull energy out of your ass like the treasury currently does with dollars. And you can't easily store it long term (other than in commodities) so it encourages investment and circulation of money rather than hoarding.

sign me up

FUG

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ENOUGH TO MAKE MY SYSTEM GLOW

WELCOME TO THE NEW AGE

I RAISE MY FLAG
DON MY CLOTHES

IT'S A REVOLUTION I SUPPOSE

WE'RE PAINTED RED
TO FIT RIGHT IN

So look, here's the deal. Congress is to have power over the currency. What you do is this: Pick a basket of valuable national resources (mining rights, gold stored in gov't coffers, grazing rights on national lands, seized assets of banking cartels and their corporate fronts) and then spawn a new national crypto with a monopoly on access to these resources. Congress gets first use of all newly harvested "coins" to expend on infrastructure, establishment of newly incorporated retail banks, etc.

It's only a start, but it's at least that.

When the new algo goes live. Viola.

To answer your concerns, Congress could let blocks of their new crypto to regional banks who then print auditable paper representations of their leased blocks for the sake of cash circulation.

Frankly, your concerns are the ones I hope what I'm proposing would assuage. What could be done is to introduce the new national currency in direct competition to FRNs. Make existing debts prior to the issuance of the new national currency collectible only in the soon-to-be worthless FRNS as the banks are simultaneously rolled-up for their crimes and their hard assets seized then placed in a public trust to be purchased by those trading exclusively in the new national currency.

Shoot the bankers.

You've got that right.

I'M BREAKING IN, SNAPPING UP

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Superpower by 2020 confirmed?

Checked.
Also been saving mine. That's the first I'd ever considered the copper content of a nickel seeing this post, I may just start hoarding those too.

So he's gonna join the Assassinated Presidents club, huh?

LEARN ENGLISH NIGGER