Are we returning to a gold standard or is it just schizos saying it will happen?
Gold
David Ramirez
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Asher Perez
You can’t print gold, so....
Christopher Adams
historically we always return to sound money
Nathan Harris
Us schizos have been predicting this whole global economic collapse into a gold standard for decades, and we will continue to do so for as many decades as it takes.
Ryan Morgan
Trump wants to beat Andrew Jacksons score for paying off the national debt.
Adam Garcia
That is one option.
Another option is a fed crypto coin that auto inflates to get to you spend it.
Another option is continue with current monetary tools and embrace secular stagnation.
Isaiah Nelson
If anyone is going to do it, my money is on the guy who has lived in a golden tower his whole life
Justin Foster
Literally never happening the dollars going digital within 2 years
Wyatt Lewis
For the first time in known history, currency can be digital. We will return to a scarce, custodial form of money when the fiat ponzi is over, but this time it will be digital. Any guesses what everything will be backed by this time?
Charles Wood
On the one hand it does sound like conspiracy garbage. On the other, so does half the news stories that are currently ongoing anyway, so fuck it.
We know for sure that the Euros have been stockpiling gold and distributing it between national banks in an even manner, seemingly so that it wouldn't be seen as 'unfair' to the member states if they opted for a gold backed currency union. They've been stocking since the 1970s explicitly to one day get off the USD. We know the US is in a debt trap that must result in the death of the USD, though it may limp along long enough to watch all other fiats die out it must eventually be discarded. There's also been all the chatter at the IMF about 'a great reset', and my tinfoil hat is tight enough that I think a biblical debt jubilee (which Hebrew law says must be done every 50 years) could be in the cards considering the US finally abandoned gold backing in 1971 and it's getting on 2021.
There's also the elephant in the room question for the banks hoarding silver: Why the fuck are they sitting on physical assets for 10 years, never flipping them, but using paper instruments to keep the price low while buying more?