https://www.youtube.com/watch?v=Zdgwo43WM-4

A good video for anons who's interested.

A few take-a-ways:

10:04

"The Fed is loosing control on the price of money"

10:14

"Either the Fed is going to have to cede control over the price of money, in which case, we don't need the Fed anymore. Or they are going to have to cede control over the quantity of money"

Hence, print to infinity…

>>6622817

They've been fucking with the way they calculate the CPI for decades. I'm not sure anon's assessment of PM's exchange rates will be accurate, when its all said an done. Obviously, its still a good idea to exchange now for PM while the dollar has higher value rather than later when they print to infinity.

John Williams @ Shadow Government Statistics still calculates the CPI pre-fucking (1980). Its propably not entirely accurate either, since it takes into account 1980 consumer spending habits (no cell phones for example), but its still a stable measurement.

http://www.shadowstats.com/inflation_calculator?amount1=1&y1=1913&m1=5&y2=2019&m2=5&calc=Find+Out

We're talking somewhere around 8X more inflation than the CPI calculates. The truth is probably somewhere in the middle of the CPI and SS-CPI.

They don't have to "force" a Gold Standard, they simply have to wait for the natural backing. Every 60-80 years the price of gold rises in order to cover the value of the Gold held by the Fed/Treasury. And we are due for one. At that point, you simply peg the currency at the new exchange rate and issue new gold backed treasury notes.

So, anon's CPI calculated price of gold in current notes with eventually be a lot higher one the next up leg happens.

So you have two options. Either you wait for the natural correction by a natural run on gold, or you hard peg it at the CPI rate and cause a massive deflationary crash the likes of which the World has never seen before. Both solutions there is pain….lots of pain, but at least in the inflationary crash, people get to walk away with something, rather than a barrel full of irredeemable debt.

https://youtu.be/tj2s6vzErqY?t=2399