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.
Wait are you actually arguing we should have NO inflation? If so I guess we’re done. There’s not convincing someone this stupid of anything. Take a look at what happens to economies without inflation the crumble, and for good reason.
Maybe go actually study a topic before you spout bullshit economics as bad as AOC’s because you FEEEELLLL you’re right. I’ll continue to actually work in trading and understand the topic at hand.
I’m arguing against the specific form of inflation created by an unconstitutional central bank that cannot be fully audited and prints unconstitutional fiat money at-will in unconstitutional fashion.
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.
Wait are you actually arguing we should have NO inflation? If so I guess we’re done. There’s not convincing someone this stupid of anything. Take a look at what happens to economies without inflation the crumble, and for good reason.
Maybe go actually study a topic before you spout bullshit economics as bad as AOC’s because you FEEEELLLL you’re right. I’ll continue to actually work in trading and understand the topic at hand.
I’m arguing against the specific form of inflation created by an unconstitutional central bank that cannot be fully audited and prints unconstitutional fiat money at-will in unconstitutional fashion.
That’s a far cry from AOC dumb ass.