Politics
Politics
Out of context: Reply #14364
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A better tomorrow.
Lets here your thoughts about the Gold Standard.
Whats wrong with your money being backed by gold instead of worthless paper? What is your rational behind this? Fiat money is good?
Come on lets here it.
- Are you for the big banks? You don't care about inflation? Interesting.********
- <<<Thats a question to ABT********
- I guess ABT doesn't understand how the debt system works. *facepalm.********
- To be fair i tink or know the currecny syatem is all a fairytale. value/inflations/fed********
- all a big fake market to help people. and on global scale id hate to be the controller********
- a currecny system is what keeps us civil. if the fed was audited it would hurt the world. we need the illusion********
- but we don't need the feww powerful gettign rich and maniuplating markets for their gain. its a dangerous game********
- on one hand it creates growth and progress, on the other hand it can also take it all away********
- a gold standard is sound, and it isnt equal creating violence to those with gold who want to take by force. also differences********
- Every modern country uses fiat currency for the most part, it is you who is economically ignorant.********
- This is why learning economics from YouTube videos is a bad idea:)********
- ? dont know what fiat is. i just understand the benefits of manipulating markets********
- Silver standard works too.********
- deathboy - fiat is paper money that is assigned value by the govt. As opposed to tied to some "natural" source of wealth like gold.********
- like gold. But either way, we're talking about an arbitrary system run by the govt.********
- Unless you want to go back to trading cows and chickens.********
- awe thanks for the info.********
- Are you for the big banks? You don't care about inflation? Interesting.