Wages not rising is not the issue...

[Anonymous No.12344555]

The issue is prices are RISING in the first place because we don't have a gold standard.

Conservatives are unironically worse than liberals on the issue of min wage because they are supposedly constitutionalists and they say get better educated and you'll make more money.

And constitutionalists would know that "only gold and silver shall be legal tender" like it says in the constitution and identify the root of the problem which is rising prices.

[Anonymous No.12344696]

>>12344555
Tell me more please. I have been very interested in precious metals and the gold standard lately.

[Anonymous No.12345033]

>>12344696
Go off a gold standard and the jews at the fed and all their buddies can print fake money out of thin air and buy up all sorts of assets and goodies.

So THEY benefit from that cheap free fake money because they are touching it first. But once they use it it circulates in the economy and you have too much money chasing too few goods so prices rise.

[Anonymous No.12345041]

>>12344696
So pretend that you own the printing press....doesnt matter if shit is expensive you can just print money for yourself and buy shit, but then everyone gets poorer as a result.

And it isn't just poor people who suffer....everyone suffers. Someone making $1,000 per day is getting poorer also....

[Anonymous No.12345064]

>>12344696
"In the absence of a gold standard, there is no way to protect savings from confiscation through inflation - there is no safe store of value." - Alan Greenspan (1966)

And here is an example of this....60 years ago....if you made 75$ in a day that was a very good wage. Today 75$ a day puts you in abject poverty.

So if you earned 75$ in one day you could buy a lot more shit back then with 75$ than you can today. SO if you made 75$ and took that 75 bucks and put it under your pillow for 60 years it buys much less today. So what happened? Your wealth was stolen thats what happened.

[Anonymous No.12345105]

>>12345064
There's something to say about a gold standard, and obviously Greenspan knows that.
But the whole idea of fiat you can control is in order to encourage people to invest instead of sitting on savings like scrooge mcduck.

[Anonymous No.12345383]

someone please tell me how to buy gold/silver and how i can liquidate it in the future. i am retarded and have never used a search engine (serious question asked in a silly manner!)

[Anonymous No.12345406]

>>12344555
>The issue is prices are RISING in the first place
/thread
either bring back the gold standard or simply stop printing money and let's have 0 inflation
>hurr durrrr we need to force you to spend goyim, how else will shaniqua and stacy make a living working their BS jobs

[Anonymous No.12345416]

>>12345105
>encourage people to invest instead of sitting on savings like scrooge mcduck.
this might blow your mind but, people still lent out their gold to generate a return in the past.

gold certificates were used in a fractional reserve system much like to day to generate the investment credit.

if you save in fiat, you are FORCED to deploy savings to generate a return to at minimum beat inflation.

if you saved in gold, you could just sit and enjoy your constant purchasing power.

[Anonymous No.12345428]

>>12345105
>muh encourage investing meme
where would you invest now? stocks? real estate? everything is about to collapse, a shitty savings account with 1% profit?
this keynesian economy/money printing scheme is nothing more than a constant PnD scheme where the rich get richer and the poor get fucked and it's made like this on purpose of course.

How is a young person supposed to save for a house? they simply can't because the government makes sure they are unable to save money peacefully (through inflation) and forcing them into rentcuckery so that mr Goldstein's pockets are fuller and fuller

[Anonymous No.12345457]

[Anonymous No.12346571]

Ok,
tell me your best online dealer that ships silver across europe.

My current favourites are europeanmint.com and goldsilver.be
Does anyone know a better deal?

[Anonymous No.12346629]

>>12345105
You don't think people invest under a gold standard?

Also...the dollar is going to implode...so....your dollar denominated investments will be fucked

[Anonymous No.12346668]

>>12344555
Have been looking into putting money into physical gold, as a hedge if this market really does collapse ( looks likely)
Should I be buying Gold AND silver? what ratio? coins or bullion bars?
Am from UK, plan on using The Royal Mint to buy.

[Anonymous No.12346676]

>>12345383
SDBullion. Apmex overprices and does squirrelly shit with their "specials" and shipping.
Better yet, find a local coin shop and get to know the guys from a few small purchases. They're usually willing to discount regular customers a bit on premiums, and since they're often buying locally below spot, they don't have to factor in shipping. My local guy gives me junk/constitutional silver at spot and ASE's at a flat $2 over spot when he has them. Can't beat that.

[Anonymous No.12346682]

>>12344555
You mean bitcoin standard, right anon?

[Anonymous No.12346701]

I have seen a 100g bar of gold for £3411, on The Royal Mint ( from what I have heard, most reputable place to buy from in UK)
current gold price is £32.47/g
meaning its 5% over spot, is this a fairly standard price, or should I look elsewhere?

[Anonymous No.12346720]

Real wages used to rise with productivity, now they are stagnant in real terms. Wages do go up as prices go up. Even if we used gold as a currency to kill inflation, wages would still be stagnant.

[Anonymous No.12346742]

>>12344555
Breaking the gold standard is the only reason Americucks dominated the past 40 years.
It was always going to bite you in the ass though.

[Anonymous No.12346749]

>>12344555
>only gold and silver shall be legal tender
Actually it just says that states must pay debts in gold and silver and can only mint gold and silver currencies, but congress "Congress shall have Power…to coin Money, regulate the Value thereof, and of foreign Coin."

[Anonymous No.12346753]

>>12346742
It would've been fucking hilarious if France actually forced the govt to give up all its gold to redeem their notes tho.

[Anonymous No.12346761]

>>12345428
If you’re smart enough to know everything crash then why don’t you just short 5x leverage with your USD? Easy money, right? Or... perhaps you aren’t smarter than everyone else and can’t time the market.

[Anonymous No.12346807]

>>12346761
Nah, we're all in it together. Let's take our free money from fed and put it in whatever you want.

[Anonymous No.12346862]

>>12345428
>how is a young person supposed to save for a house

Inflation isnt bad enough to wipe out puchasing power fast enough for this to be true. 10 to 20% down if youre lucky, special loans if youre poor.

Inflation will wipe out debt too.

[Anonymous No.12346878]

>>12344555
I would say wages not rising is the issue.

And it is not rising because there is no more growth in the west.

[Anonymous No.12346914]

>>12346878
Also i know about the FED owned by jews, but in europe the ECB is owned by european country central banks, who are public institution (except the British central bank).
Though it is not backed by gold, the buying power is still stagnating since the begining of the 2000s

The real problem might be the tendency of the rate of profit to fall. More productivity is generated, but less profit. Less profit, less growth. Less growth less wages. Less wages, less buying power.

[Anonymous No.12346927]

>>12346914
Better productivity also results in lower prices for stuff considered a luxury 80 years ago.

Not to say the fiat central banking system is at all good.

[Anonymous No.12347509]

BTC
backed
currency

[Anonymous No.12347525]

>>12344555
Unironically based and redpilled. Remember to not only buy gold, but also Bitcoin since it is a money that can be sent across a communications channel and is censorship resistant.

[Anonymous No.12347551]

>>12346761
people shouldn't be forced to gamble just to preserve their purchasing power you fucking kike
printing money out of ass is the sole reason of all the bad things happening in the world from constant wars to poverty