Anonymous ID: 9f0ecb Jan. 29, 2019, 9:21 p.m. No.4960772   🗄️.is đź”—kun   >>0801 >>0832 >>0843

>>4960745

If it's backed by gold, you can demand you receive gold at any time.

Anytime you can demand to receive gold you can hoard gold.

If you have the means to persistently hoard gold you can deplete the market of gold. Once the Market is depleted you've created chaos.

Why does this sound familiar?

Oh yeah……

Anonymous ID: 9f0ecb Jan. 29, 2019, 9:25 p.m. No.4960832   🗄️.is đź”—kun   >>0876

>>4960772

horde or hoard. Both can be done. One already was done to us before. Go figure. Wonder who did that.

 

Know what was ingenious about Lincoln's Greenback?

 

nothing to do with Gold.

 

It's what we've been tricked (IMO) into demonizing: fiat, controlled by the government, printed at the discretion of the government, without interest.

Anonymous ID: 9f0ecb Jan. 29, 2019, 9:28 p.m. No.4960876   🗄️.is đź”—kun   >>0912

>>4960832

>>4960801

No.

The super wealthy use wealth just like the super secret use religion: control

Foreign adversaries who do frequent business with America, unless barred from doing business with America, can simply demand payment in gold and never pay out in gold. it's not unlimited anon. There is only so much to go around. it's like the opposite of why an open border socialist system is doomed to fail: unlimited depletion. It's the same as the Fed issuing bonds to take money out of circulation.

Anonymous ID: 9f0ecb Jan. 29, 2019, 9:33 p.m. No.4960942   🗄️.is đź”—kun   >>0977

>>4960843

Anon….

Work with me here…

The only benefit of backed is it actually being backed.

It's a confidence thing: People trust it because it says on the fucking bill: this is the same as X amount of Y.

The ability to trade it in at any time for the actual Y, and to know it's finite is what makes it so appealing, except if you can't ever touch the gold you won't ever believe it.

 

watch the video, study the greenback, find sauce to prove me wrong. Either way one of learns.

 

I'm not happy about it either.

Anonymous ID: 9f0ecb Jan. 29, 2019, 9:39 p.m. No.4961017   🗄️.is đź”—kun

>>4960847

Wrong…the most effective system of money ever was a uniquely designed set of sticks. True story.

The purpose of money is to allow an economy to run smoothly. What are the boundaries of the economy, though?

 

If national, than a national currency operated by the nation with changes made by the nation to suit the best interests of the nation is the best system.

 

The problem with OUR concept of fiat money is it's not accurate. It assumes all of the folly related to fractional lending are the fault of fiat and they're just not.