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111
Six Years Ago Today, the US Helped Murder Gaddafi to Stop the Creation of A Gold Backed Currency (medium.com)
posted 3 years ago by Questionable 3 years ago by Questionable +112 / -1
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– Questionable [S] 1 point 3 years ago +1 / -0

You think that deflation is a good thing?

Deflation is simply an increase of value based on scarcity. I think it exists, and could use with a few extra decimal places tacked onto it's value for flexibility.

"I pretend to know but I will not explain it"."

Putting words in other peoples mouths now? I explained it to you, you are just to wrapped up in fraudulent systems to understand actual values. Gold is money. The fractional banking system is usury and debt. All fractional money in the system is in fact debt being put up under the false pretense of being of positive value.

Nobody who understands actual currencies use fiat as money or as a store of wealth. It is only ever used as a pyramid scheme, hidden by an abstraction layer, that is the governments loans, to siphon off wealth from the working class.

Do you next need me to explain to you why pennies used to be made of copper, or why Quarters are no longer made out of silver?

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▲ -3 ▼
– TilValhallar -3 points 3 years ago +1 / -4

I explained it to you

You did not explain fucking anything.

  1. How do you introduce it?
  2. How do you deal with added value?

Was your answer to 2 "just deflate the value of gold"? Is that it?

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▲ 2 ▼
– Questionable [S] 2 points 3 years ago +2 / -0

I did not say I answered either of your Questions. I said I explained it to you. So now I will answer your Questions.

"How do you introduce it?"

Well, don't get assassinated by agents of the fiat banking system for starts. And then do nothing, as gold already exists, and is traded as a store of wealth and value. So does bitcoin. It too, already exists.

"How do you deal with added value?"

Deflation will occur, as the value of gold is the standard that all currencies would adhere to.

1 ounce of gold = 1 ounce of gold, just as 1 doge = 1 doge, and 1 Blemflarck = 1 Blemflarck. What about this is confusing to you?

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▲ -4 ▼
– TilValhallar -4 points 3 years ago +1 / -5

As predicted, no explanation at all.

You are even more ignorant and dumber than the cretins I usually talk to about this topic.

You have literally no knowledge of this. None whatsoever.

Seriously, this is a whole new level of empty-headedness.

Holy shit, how do you even get through the day?

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▲ 1 ▼
– Questionable [S] 1 point 3 years ago +1 / -0

Right. Because if you simply call someone dumb they are dumb.

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