This was why taking over the education system was key for step one. We are way past that. Controlling money is key as well, 1919 banking act.
Gold standard removed under Nixon,did they set Nixon up and force him to pass the fist currency.
Governments and mafias are in the same line of work. The current system is a fusion of the post-Capone Syndicate mafia, the robber barons, and the original republic. This is only a couple generations later.
"It's an emergency!" "There's a war on!" All bullshit excuses to strip rights. But the issue is bigger than that, and smaller. Have you ever met your so-called representatives? Seriously. Do you not know what they're up to? Who they are? What they want? Does that seem right to you?
Yeah never put it past evil to use a tool to cause harm.. aka nuclear power. Well educated people are the best tool for freedom, but controlling that education allows false information to be taught. North Korea teaches about the USA, don't think they are teaching about freedom. Double edge sword when educating young people...
There is no substitute for honor, intellectual honor. If a school taught true history, real skills, and above all the ability to think, it is a good school. That HAS happened in public schools.
That people buy houses "for a good school district" is tragic, because every district should be a good district!
Removing the gold standard was a good thing. The Bretton-Woods system of currency exchange was not by any means efficient or market driven. Floating currencies are much better and allow for more economic growth.
Ya and floating currencies allow for economic growth in a much more natural manner. The gold standard actually put a massive artificial range on that. Currencies also follow supply and demand mostly based on economic health. Gold is a terrible measure of that
Allows for the legalization of theft via inflation. The dollar has lost 95% of its value since 1913. The central banks control the money supply, can’t be fully audited, have the IRS as their private gestapo extortion arm, and profit off our government’s debt/wars.
Gold standard is the way. It can be expanded slowly as the market grows but it can’t be manipulated easily unlike fiat currencies. The system we have now makes us serfs. We’re little income tax slaves while the central banks send billions of $ overseas and can’t be FULLY audited. Bring back gold. #ThouShallNotSteal
inflation happens either way as it shows even from 1913. Gold standard or not it’s a natural economic phenomenon not theft lol. Without inflation economies die.
What you talk about, “slowly” exapnding the market causes huge issues. The biggest being artificial limit on growth. It’s absolutely more manipulated that floating currencies. That doesn’t even begin to encompass the fact that gold is a terrible measure for economic health, something exchange rates encompass they’d be a proxy for gold market if that’s all it was. Again a mispecification for economic health. Don’t get me wrong metrics like purchasing power parity which account for 93 percent of the variance in exchange rates aren’t better but they are light years ahead of gold. What year do you think it is. 1650?
If you have actual economic reasons not vague statements please comment back if not and you just think monetary theory is some weird conspiracy then we go nothin to talk about with talking past each other
If artificial limits in growth with gold are what you’re worried about, consider that if economy is growing at a rate faster than the gold supply, then what happens to the demand of gold?
Increases.
What happens when demand increases?
It becomes more valuable and profitable.
If business is booming what then happens? More competition. More gold miners. More gold. Then economic expansion can reach an equilibrium again with the gold supply.
Fiscal discipline and sound money over fiat money. Inflation is theft. Income tax is theft. The Fed, IRS, and 16th are inherently un-American.
Can’t believe you’re defending inflation caused by an unconstitutional central communist bank. The levels of inflation the Fed creates is not natural. It’s corrupt. The only reason america hasn’t seen borderline hyperinflation is because of Bretton woods. We basically export our inflation (THEFT) to other countries.
What monetary solutions do you have to offer other than defending the 5th plank of the communist manifesto’s central bank?
I support article 1 section 8 of the US constitution.
Aside from Bretton-Woods, why do you say removing the gold standard was a good thing? This is a big topic, that deserves its own post. It necessarily includes the petro dollar, which is disintegrating.
This is a really important discussion; if we're able to preserve the sovereignty of the US, we'll need to tackle this. If you do decide to start a post, please DM me so I don't miss it
Overall the gold standard is a terrible measure of economic health. There are so many facets to the economy that tying the measure of economies on one rare earth metal is not only inefficient but misleading. It might sound weird but currencies really are a measure of economic health. This is reflected in their exchange rates. Without them being able to float those rates are artificially created outside of supply and demand.
For example gold doesn’t account for factors like purchasing power parity, gdp, and the handful of factors which determine a currencies strength. I’m not a huge expert on forex since I work on volatility and fixed income derivatives, but I can think of a way that you can represent relative strength between economies with the gold standard. Also I can’t think of the benefits. All economic factors we see now such as Inflation still happen anyway
The representation of relative strength between economies is fairly straightforward: the price of gold.
When the USD was based on gold, an ounce remained the same price ($30-ish) for a long time. I don't know if you lived through the inflation of the 70's, but the quality of everything made in the US declined. Even the quality of recordings in the music industry declined. This inflation hadn't occurred until we got off the gold standard.
I'm not defending a gold standard, neither am I saying that fiat currency is necessarily bad. It has worked at times. But we can't fix this election and restore a Constitutional government without addressing this issue, since it revolves around the creation and control of our currency. I don't know the best solution. Just wondering if you have ideas.
I have seen some people say that North Dakota has this figured out. I don't know the first thing about that.
This was why taking over the education system was key for step one. We are way past that. Controlling money is key as well, 1919 banking act. Gold standard removed under Nixon,did they set Nixon up and force him to pass the fist currency.
Yeah early plan for removing the gold standard, keeping people poor and controlling the money ensures people are forced to rely on the government.
Likely because back in the depression era, very few people actually held onto physical gold. Likely only the wealthiest people held physical gold.
I had no idea how that even passed through. He effectively robbed gold from wealthy congressmen, governors, military leaders, etc.
Governments and mafias are in the same line of work. The current system is a fusion of the post-Capone Syndicate mafia, the robber barons, and the original republic. This is only a couple generations later.
"It's an emergency!" "There's a war on!" All bullshit excuses to strip rights. But the issue is bigger than that, and smaller. Have you ever met your so-called representatives? Seriously. Do you not know what they're up to? Who they are? What they want? Does that seem right to you?
There is no substitute for being well-meaning!
Universal education was both brutally practical, and a generous boon to the common man.
But you have to have people with principles and character running it.
Yeah never put it past evil to use a tool to cause harm.. aka nuclear power. Well educated people are the best tool for freedom, but controlling that education allows false information to be taught. North Korea teaches about the USA, don't think they are teaching about freedom. Double edge sword when educating young people...
Yes.
There is no substitute for honor, intellectual honor. If a school taught true history, real skills, and above all the ability to think, it is a good school. That HAS happened in public schools.
That people buy houses "for a good school district" is tragic, because every district should be a good district!
Worse is that people buy houses for a good school district and still get the crap today.
Every student should be a good student, but that's not realistic. Some people suck from an early age and never get over it.
We are gonna need more more pilots.
Removing the gold standard was a good thing. The Bretton-Woods system of currency exchange was not by any means efficient or market driven. Floating currencies are much better and allow for more economic growth.
Economic growth beyond the natural, healthy means of the native population is bad.
Ya and floating currencies allow for economic growth in a much more natural manner. The gold standard actually put a massive artificial range on that. Currencies also follow supply and demand mostly based on economic health. Gold is a terrible measure of that
Growth through deficit spending and stuff like that? What we've seen in the past ~100 years has been anything but natural as far as I can tell
Allows for the legalization of theft via inflation. The dollar has lost 95% of its value since 1913. The central banks control the money supply, can’t be fully audited, have the IRS as their private gestapo extortion arm, and profit off our government’s debt/wars. Gold standard is the way. It can be expanded slowly as the market grows but it can’t be manipulated easily unlike fiat currencies. The system we have now makes us serfs. We’re little income tax slaves while the central banks send billions of $ overseas and can’t be FULLY audited. Bring back gold. #ThouShallNotSteal
inflation happens either way as it shows even from 1913. Gold standard or not it’s a natural economic phenomenon not theft lol. Without inflation economies die.
What you talk about, “slowly” exapnding the market causes huge issues. The biggest being artificial limit on growth. It’s absolutely more manipulated that floating currencies. That doesn’t even begin to encompass the fact that gold is a terrible measure for economic health, something exchange rates encompass they’d be a proxy for gold market if that’s all it was. Again a mispecification for economic health. Don’t get me wrong metrics like purchasing power parity which account for 93 percent of the variance in exchange rates aren’t better but they are light years ahead of gold. What year do you think it is. 1650?
If you have actual economic reasons not vague statements please comment back if not and you just think monetary theory is some weird conspiracy then we go nothin to talk about with talking past each other
If artificial limits in growth with gold are what you’re worried about, consider that if economy is growing at a rate faster than the gold supply, then what happens to the demand of gold?
Increases.
What happens when demand increases?
It becomes more valuable and profitable.
If business is booming what then happens? More competition. More gold miners. More gold. Then economic expansion can reach an equilibrium again with the gold supply.
Fiscal discipline and sound money over fiat money. Inflation is theft. Income tax is theft. The Fed, IRS, and 16th are inherently un-American.
Can’t believe you’re defending inflation caused by an unconstitutional central communist bank. The levels of inflation the Fed creates is not natural. It’s corrupt. The only reason america hasn’t seen borderline hyperinflation is because of Bretton woods. We basically export our inflation (THEFT) to other countries.
What monetary solutions do you have to offer other than defending the 5th plank of the communist manifesto’s central bank?
I support article 1 section 8 of the US constitution.
Aside from Bretton-Woods, why do you say removing the gold standard was a good thing? This is a big topic, that deserves its own post. It necessarily includes the petro dollar, which is disintegrating.
This is a really important discussion; if we're able to preserve the sovereignty of the US, we'll need to tackle this. If you do decide to start a post, please DM me so I don't miss it
Overall the gold standard is a terrible measure of economic health. There are so many facets to the economy that tying the measure of economies on one rare earth metal is not only inefficient but misleading. It might sound weird but currencies really are a measure of economic health. This is reflected in their exchange rates. Without them being able to float those rates are artificially created outside of supply and demand.
For example gold doesn’t account for factors like purchasing power parity, gdp, and the handful of factors which determine a currencies strength. I’m not a huge expert on forex since I work on volatility and fixed income derivatives, but I can think of a way that you can represent relative strength between economies with the gold standard. Also I can’t think of the benefits. All economic factors we see now such as Inflation still happen anyway
The representation of relative strength between economies is fairly straightforward: the price of gold.
When the USD was based on gold, an ounce remained the same price ($30-ish) for a long time. I don't know if you lived through the inflation of the 70's, but the quality of everything made in the US declined. Even the quality of recordings in the music industry declined. This inflation hadn't occurred until we got off the gold standard.
I'm not defending a gold standard, neither am I saying that fiat currency is necessarily bad. It has worked at times. But we can't fix this election and restore a Constitutional government without addressing this issue, since it revolves around the creation and control of our currency. I don't know the best solution. Just wondering if you have ideas.
I have seen some people say that North Dakota has this figured out. I don't know the first thing about that.