He banned privately owned gold coins, gold bullion, and gold certificates. He could not ban artistic gold or geological samplings of gold. You could still have a gold nugget or a gold chain.
Which is still gold. Suck it, FDR.
(On a more serious note, if you are legitimately holding physical gold in case of a serious crisis--like another FDR--I would actually suggest holding a bit in this type of easily recognizable, easily transportable, and hard to ban form. Jewelry is great for this. Also, of all the various forms of gold to invest in, your wife will bitch the least about this one.)
no, that is the literal value of money, that's it, a piece of paper. It's all it is. That's why any country can print as much as it wants at any time because it has no limit except for the amount of paper... and even that can be done digitally. Just change a number on a banking account and pretend it's legit.
Now why isn't money usually treated according to what it's worth? Because you'd be in jail for counterfeiting it or for using something else.
Bolivars are so worthless you'd probably need 2 suitcases filled with bills neatly stacked to make a dollar. They just created 1 million bolivar notes that are worth something like 50 cents.
The money is better spent on ammo.
Was just about to say that, the value of force is much more stable than the value of material scarcity.
Precious brass?
Great Red-Pill moment:
When socialist FDR ran this country he banned gold.
He banned privately owned gold coins, gold bullion, and gold certificates. He could not ban artistic gold or geological samplings of gold. You could still have a gold nugget or a gold chain.
Which is still gold. Suck it, FDR.
(On a more serious note, if you are legitimately holding physical gold in case of a serious crisis--like another FDR--I would actually suggest holding a bit in this type of easily recognizable, easily transportable, and hard to ban form. Jewelry is great for this. Also, of all the various forms of gold to invest in, your wife will bitch the least about this one.)
Lead is the only precious metal.
Once you realize that Winchester "Silver tips" aren't actually silver.
Lead fouls the barrel. Need some copper and brass too.
bUt tHaT's nOt rEaL sOcIaLiSm!
Hey that's a slice of bread of money right there. 2 street gutters and that's like 2/3rds of a sandwich.
Good luck finding flour and yeast in all those stores with empty shelves.
#wallstreetsilver #silversqueeze #noliegetstotheotherside
Support policies that lead to hyperinflation.
Complain about not making a "living wage."
no, that is the literal value of money, that's it, a piece of paper. It's all it is. That's why any country can print as much as it wants at any time because it has no limit except for the amount of paper... and even that can be done digitally. Just change a number on a banking account and pretend it's legit.
Now why isn't money usually treated according to what it's worth? Because you'd be in jail for counterfeiting it or for using something else.
They printed a 1 million bolivar note to keep up with inflation. It was worth about 50 cents
Venezuela based its currency on oil, when oil came under the absolute control of the government, the currency devaluation began.
reminder: communism sucks, Pedo Biden is not President, President Trump won by big
Bolivars are so worthless you'd probably need 2 suitcases filled with bills neatly stacked to make a dollar. They just created 1 million bolivar notes that are worth something like 50 cents.
Convert cash to real assets.
Precious metals are hard on your digestive systems.
And how is that a bad thing?
Money is a tool of the elite.
AGORISM is the way.
If the economy collapses so does the precious metals.
Nice try doomer