The dollar is only the default currency because the military industrial complex will bomb or start revolutions in countries that oppose the fiat dollar hegemony.
Return to the gold standard and keep the spending by politicians in check!
Nah, sorry. This is stupid. Our current economy could not be maintained with the gold standard and we would dramatically reduce the rate of innovation. If you like the gold standard, just keep your savings in gold.
Yes, that's right our "economy" is a joke. Going back to a gold standard would introduce a shock in the economy that would kill malinvestments such as Tesla motors, a company that wouldn't have been able to get off of the ground without government subsidies.
Our economy since 1913 (when the Federal Reserve Act was passed) is designed for wealthy insiders (big bankers, corporate socialists like the Koch Bros etc.) to profit off of the newly printed money first. People like you or I see those dollars last once inflation is built-in.
Just read "End the Fed" by Ron Paul and he can explain the arguments a hell of a lot better than I can. You cannot escape basic economics. If you don't have the money to afford something, printing more money WILL NOT MAKE YOU RICHER. Think, bro.
Even if you hold your savings in gold, you're still required to pay your taxes in fiat dollars. Just because you buy gold doesn't mean you escape our ponzi economic system.
Tesla is the Apple of car companies. They use fancy, but proprietary software to control your car. Not only that, but they make it practically impossible to do third-party repairs on their vehicles.
Regardless you are comparing apples to oranges. Stocks are different than money (gold). It's like comparing a stock certificate vs a dollar bill.
The dollar is only the default currency because the military industrial complex will bomb or start revolutions in countries that oppose the fiat dollar hegemony.
Return to the gold standard and keep the spending by politicians in check!
Nah, sorry. This is stupid. Our current economy could not be maintained with the gold standard and we would dramatically reduce the rate of innovation. If you like the gold standard, just keep your savings in gold.
Yes, that's right our "economy" is a joke. Going back to a gold standard would introduce a shock in the economy that would kill malinvestments such as Tesla motors, a company that wouldn't have been able to get off of the ground without government subsidies.
Our economy since 1913 (when the Federal Reserve Act was passed) is designed for wealthy insiders (big bankers, corporate socialists like the Koch Bros etc.) to profit off of the newly printed money first. People like you or I see those dollars last once inflation is built-in.
Just read "End the Fed" by Ron Paul and he can explain the arguments a hell of a lot better than I can. You cannot escape basic economics. If you don't have the money to afford something, printing more money WILL NOT MAKE YOU RICHER. Think, bro.
Even if you hold your savings in gold, you're still required to pay your taxes in fiat dollars. Just because you buy gold doesn't mean you escape our ponzi economic system.
Tesla is one of the most innovative companies of the last few decades. I’ll take Tesla over the gold standard any damn day
Tesla is the Apple of car companies. They use fancy, but proprietary software to control your car. Not only that, but they make it practically impossible to do third-party repairs on their vehicles.
Regardless you are comparing apples to oranges. Stocks are different than money (gold). It's like comparing a stock certificate vs a dollar bill.