/biz/ - Business & Finance

>>49237051
This is a non-golem site, ser.

>>21207437
I don't have a plan, bro. I can't find a job in a /g/-related field and have been trying to look since March, with over 100 applications and only 3 interviews. Nobody wants someone like me who just got their degree and who has no professional experience to speak of. I can't even find a helpdesk job, it sucks bros...

>>19431047
>>19430993
The liquidity of of PM coins vs fiat bills was never the reason PM standards got abandoned. The US for years ran on a system where the dollar bill was pegged to a weight of gold. The primary reason for going fiat is always because the issuing government wants to be able to inflate its money supply in a way that it can't when the money has to be physically extracted from the earth at a rate too slow for their tastes.

If in your fantasy example there is only a single mint churning out the coinage, I suppose they can set the exchange rate between PM 'denomination' to be whatever they want. The reason this doesn't fly in reality is that you'd have to stop people from getting any of this precious metal and just transacting in it based on its value/ounce. If your wizard bank really wants to reduce the money supply it has to kill anyone trying to skirt the system, melt down some coinage that gets circulated back to it, and sit on that stockpile of bullion until its time to make more coinage.

>>9060625
cheering you on OP! GO GO GO!!!

>>8011094
>tfw you meet a new girl but still think about your ex
fuck women, man was not made for love