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>> No.51102687 [View]
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51102687

>> No.51051947 [View]
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>>51051884
>Excuse this outburst, but that is the dumbest thing ever, and I will never understand it. We give them $TRILLIONS/year just so they can buy Western Labor/Resources? What the fuck do we gain from that? We get U$D back, the same U$D that we could have just given directly to our citizens instead? It literally makes NO.FUCKING.SENSE. People say that "America is robbing the world!", but it is quite literally the exact opposite. The world is robbing American Citizens.

They did not buy services for the most part but stocks meaning they got the number go up effect and looked richer under us hegemony.

They also used a part of the money to build their countries

>That comes with its own set of problems as well- picrel

Gold is a meme, the game theory behind why it was used is important, pic related.

>I mean, Gold was already a Fiat System. Because the Government regulated the trading price of Gold. The only non fiat-system that I believe exists, is a Barter Economy.
I don't believe Fiat is the problem. If you ended "Fiat" to replace it with a "Hard Currency", that doesn't really change a lot. It's the Financial SYSTEM that is the problem for everyone who isn't exploiting the fuck out of it. I

No it was not a meme, the removal of gold moved the world to floating exchange rates, pic related is very important to understand why that's important.

But short term with gold as a base layer you always have a rate relative to a commodity with low inflation, by removing gold from the equation you end with 150+ currencies all floating against each other so the devaluation only happens against the dominant currencies like the usd and euro but if this currencies are inflating too you can create the ilussion of stability while in reality devaluating against goods with low supply like real estate at insane speeds which is what is happening since 2008.

>> No.50841323 [View]
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>>50834007
>>50834040
it's about game theory, pic related

>> No.29614928 [View]
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>>29611792

>> No.29599893 [View]
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>>29599514
probably because they're deflationary

>> No.29486977 [View]
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>>29486855
The problem is that gdp is going to shit relative to monetary base since 2008 boomers and keynsians with their insane theories don't see anything wrong.

>> No.28917971 [View]
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>>28917522
>this beyond retarded. there is nothing worse for the west than the loss of the usd as world reserve. The usd as world reserve allows the us economy to financially repress all others.

https://fred.stlouisfed.org/series/BOPBM

https://wtfhappenedin1971.com/

Gold backed usd reserve currency is different than non backed reserve currency.
The second type is entropic as the world needs your currency to trade and will always offer cheaper price for the goods your own nation produce to obtain said currency.
Not event trump trade tarrifs were able to reverse this.
Trump did managed to reverse the collapse of velocity of money tough.

>China has to expand or collapse, the real question is why did the west after defeating the ussr by economically ostracizing them bend over to china with open trade deals with no contingency creating what they are today

Now you are thinking, and the reason this happened is because

https://wtfhappenedin1971.com/

Nixon knew the gold standard forced everyone to balance budgets he openly talks about the europeans bitching the usa to mantain a balanced budget.

https://www.youtube.com/watch?v=YBW9h_jVRBg

if you have an unbalanced budget and reserve currency you lose industry and you end up creating something like china today.

>Maybe the usa is going to stalemate everyone militarily until the unrevokable international market dominance of a market based currency

This does not work that well, in generals nations fall due to excess military spending, usa military spending is one of the main reasons of industry leaving as it makes the dollar weaker and favors imports this shit got so extreme that you burgers had to put regulations so your weapons were built in burgerland since you were literally importing the parts from china.

>> No.28577951 [View]
File: 3.41 MB, 2398x2888, inflation and bitcoin.png [View same] [iqdb] [saucenao] [google]
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I don't have anything generic to say to what you are talking about OP, so have some images. If you have something that feels more specific then I could talk about it.

>> No.28339906 [View]
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>>28339189
Exactly this.

>> No.27124540 [View]
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>> No.26671199 [View]
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>> No.26407769 [View]
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>>26407698

>> No.26217272 [View]
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>>26216789
Dangerously based.

>> No.26144202 [View]
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>>26142574
it's not the usd pumping it's the dxy going stronger due to the euro going to the shitter due to more lockdowns and ecb qe.

They are all going down.

>> No.26103781 [View]
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>>26100242
this. I'm holding PMs and miners instead bitcoin though. BTC has too many ties with the mainstream financial system and banks. however, I'm not completely against crypto. I think monero is legit and is what BTC should have been. will probably buy some in the future.

>>26103700

>> No.25847883 [View]
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>>25847583
Boomers created a ponzi civilization after 1971 and young people are the bagholders of their fiat ponzi scheme.

Of course suicide rates are going up , look at most milennials , reaching 30 years old , owning nothing , waging just to have enough to pay rent and eat , no free time , taxes going up , wages going down relative to inflation ,pressure is rising , life of quality declining.

>> No.25721433 [View]
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>>25715062
A real currency

>> No.25706549 [View]
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>>25706229
wrong.

>> No.25667143 [View]
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>>25666996
Yes but it's great people are understanding the game we are playing here and not just money number go up.

There is a game theory on why bitcoin and crypto is going up and why the current "system" is going to ship at ever increasing speeds.

>> No.25655081 [View]
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25655081

>>25652777
Checked

>> No.25568094 [View]
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>>25564276
JP Morgan just endorsed Bitcoin. We are never going to see sub 30k levels

>> No.25349044 [View]
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>>25348835
They all have high inflation due to using floating currencies relative to the usd , the end of bretton woods was a disaster for mankind.

>> No.25301800 [View]
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>> No.25189731 [View]
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>>25189673

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