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If banks love gold so much more than Fiat, why did they create a fiat system that was designed to overtake gold as payments settlement?

I've addressed that - both gold and fiat (as well as CBDC) are tools in their toolkit and serve different purposes. People will never hold enough gold to make a difference. I guess it's the same with all money and it makes sense since we know (((who))) is hoarding it for hundreds of years.

What you're reading is dogshit. You're missing the forest for the trees.

It's only the best, most well researched book on the Fed by a conspiracy legend.

Again, I'm not saying fiat money is better than gold, I'm saying it's a false dichotomy and the gold standard is not a silver bullet for escaping the usury based system created by the central bankers and I supported my claim with historical facts - "the bad guys" wanted the gold standard at least in the wartime period. It's not a black and white dialectic.

The only reason the central banks are buying up gold now is because they know the world economy is mega fucked so they are now buying what will keep them in power until they make a new currency they'll try to force on everyone.

It's not megafucked to them, it is just as they steered it to be. They want degrowth circular economy with unparalleled control of all money and that's where we're heading. You're making it seem as if they're scrambling not knowing what's going on. They know, they've planned it for decades if not centuries.

29 days ago
1 score
Reason: Original

If banks love gold so much more than Fiat, why did they create a fiat system that was designed to overtake gold as payments settlement?

I've addressed that - both gold and fiat (as well as CBDC) are tools in their toolkit and serve different purposes. People will never hold enough gold to make a difference. I guess it's the same with all money and it makes sense since we know (((who))) is hoarding it for hundreds of years.

What you're reading is dogshit. You're missing the forest for the trees.

It's only the best, most well researched book on the Fed by a conspiracy legend.

Again, I'm not saying fiat money is better than gold, I'm saying it's a false dichotomy and the gold standard is not a silver bullet for escaping the usury based system created by the central bankers and I supported my claim with historical facts - "the bad guys" wanted the gold standard at least in the wartime period. It's not a black and white dialectic.

29 days ago
1 score