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54145063 No.54145063 [Reply] [Original]

>US gets caught lying about how much gold it has
>Nixon folds and makes the dollar fiat
>economy tailspins ever since
What’s crazy is boomers don’t even know this happened.

>> No.54145091

At some point money will start to lose meaning when AI automates everything

>> No.54145138

>>54145091
human NOT necessary

>> No.54145151

>>54145091
I have a feeling AI is going to hoard all the bitcoins

>> No.54146101

>>54145063
It's for this reason alone that makes Nixon the worst president in US history.

>> No.54146166

>>54146101
He wasn't a racist, homophobic, transphobic, misogynistic loser like Trump IS. So no, he wasn't the worst.

>> No.54146188

>>54146166
b8

>> No.54146218

>>54146188
>no argument

>> No.54146222

>>54145063
Bretton Woods itself was already a scam.
Look at what was present before that

>> No.54146252

>>54145063
there's nothing he could have done. they literally did not have the gold. people arbed the pool to death. the same thing is happening now to fiat - the money needed to fulfill obligations does not actually exist

>> No.54146276
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54146276

Nixon made that announcement on the 33rd Sunday of the year.

I’m sure that doesn’t mean anything lol lmao even

>> No.54146508

>>54146252
He could have not spent so much money on a Vietnam war, that it became obvious the US was lying
I agree that it’s not all his fault though
I even think we miss some things he did right
But, Nixon was a Prescott Bush puppet
They literally put an ad in the LA newspapers saying they wanted a corrupt and crooked politician and Nixon answered the Bush ad.
Nixon was hired by Pepsi when they lost sugar fields in Cuba. And he participated in the death of Kennedy immediately after that.

To be fair Nixon also put up a fight when he found out that the cia was using Tesla’s time machines to make billions of dollars predicting future trends.
That’s why they kicked him out according to lawyer Andrew Basiago

>> No.54146788

>>54145063
Nixon did nothing wrong, commie.

>> No.54146826

>>54146788
Nixon was the commie
He gave America to the Russians and Chinese
He literally got Pepsi into Russia and opened chins up to take American jobs
You’re a faggot

>> No.54147671

>>54145063
based

>> No.54147697

>>54146826
True
I dislike Regan for similar reasons
We shouls have let MacArthur nuke the Chinks, told Europe to fuck off and rebuild their own shitty continent, and basked in eternal glory as the Sunset Empire forever

>> No.54147734

>>54145063

No, this has little to do with the problems we have right now.

>> No.54147775

>>54147734
>goes against logic
>provides no evidence to support decision
Yep it’s a glowniger

>> No.54147787

>>54146166
>racist, homophobic, transphobic, misogynistic
and? Who gives a fuck faggot?

>> No.54147846

>>54146252
Unlimited fiat exists, it’s just printed slowly

>> No.54147872
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54147872

wtfhappenedin1971.com
What a disaster it's been since then
If there's a great filter event there's no way humans are making it thru
haha

>> No.54147877

>>54145063
Boomers don’t give a shit as long as they are fat and happy and can afford that tenth cruise.
Being a sane millennial that doesn’t have enough to do shit about this sucks. And no, boomer, I didn’t spend it all on netflix and avacado toast, fat fucks.

>> No.54147895
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54147895

>>54147775

Banks have been doing fractional reserve lending for hundreds of years with, or without a central bank, or a gold standard. The government could bail a bank out whether a central does, or doesn't exist.

The problem is poor risk management and incredibly stupid decisions made by bankers that care more about short-term profits and looking "woke" instead of taking their customers rusk tolerance, or liquidity needs into account.

It's not my job to educate a bunch of anonymous assholes on the internet whose initial reaction to anything they disagree with is an ad-hominem schizo rant.

>> No.54147987

>>54147895
There isn’t just one problem you dumbfuck
This shit is corrupt in a million ways
You’re just pushing an agenda even if I agree with most of it

>> No.54148947

>>54145063
Boomers are literal zombies
They just want tv and shopping malls

>> No.54149086

>>54146101
>worse than Woodrow Wilson who gave us the federal reserve, income tax and fucked up the balance of power in WWI guaranteeing an unjust peace and that WWII would happen
yeah no lol.

>> No.54149110

The french destroyed the dollar lmao

>> No.54149123

>>54145063
weren't we running a fractional gold system with only around 2% gold reserves?

>> No.54149224

>>54145138
Based

>> No.54149266

>>54149110
based desu

>> No.54149357

>>54145138
https://www.youtube.com/watch?v=FEi7VCdgC_0

>> No.54150375
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54150375

>>54146276
>BUY GOLD

>> No.54150385

>>54149123
It was probably less than that
Even central banks are known for playing their gold bars
Both Australia and the US have been caught playing bars in gold and selling them as 100% gold
Politicians and bankers are lying every time they speak

>> No.54150397

>>54150385
>Politicians and bankers are lying every time they speak
cool it with the antisemitic remarks

>> No.54150425

>>54147697
Shouldve stayed out of the world wars but your kike masters wouldn't have it.

>> No.54150471

>>54146252
They could've repegged the dollar to a more reasonable exchange rate

>> No.54150480

>>54150385
>Playing
What

>> No.54150570

>>54147895
>the government can print gold
u are truly enlightened anon
>>54149086
>woodrow wilson caused wwii
meds - now
>>54149110
oh someone who knows something about the event - neat
>>54150471
and admit to printing day and night to pay for vietnam? it would have crashed the dollar all the same

>> No.54150576

>>54150480
>gold plating
Not gold playing
https://amp.abc.net.au/article/102048622

>> No.54150741

>>54149357
Holy shit a randy prozac fan. I guess 4chan is where you might run into them. Listening to Kirlian Kisses and Sixth Senses right now.

>> No.54150802

>>54150570
this is a glowie
His ip address is from Langley VA

>> No.54152452

>>54146166
You could have set up this bait way better than this, man. This was just lazy

>> No.54152465

Nixon and Reagan destroyed the west

>> No.54152545

Debt backed currencies are way better at controlling supply and demand making a more stable currency, the supply of debt can be increased or decreased at will by the issuer, gold however cannot be manipulated at will.

This is why goldbugs spend so much time trying to convince you central banks and governments are evil, because fiat is a way more stable system when utilized morally, so they have to try and convince you the issuer is not moral and your greed is justified.

>> No.54152565
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54152565

>>54145063
Boomers don't even understand how badly the dotcom crash an 2000-2003 recession devastated American industry or what actually caused tue Housing Crisis and GFC.

Don't even get me started on the Great Stagnation between 2000-2013.

>> No.54152601

>>54149086
Woodrow Wilson 100000% the worst US president. The guy literally took one look at the US Constitution and said "none of this allows US to be a Hegemonic empire that hates freedom and taxes the shit out of people to build a massive government so fuck that"
That piece of shit might have killed every human being on earth (we'll find out together /biz/) because of the Federal Reserve.
kek at Nixon being the worst, he unironically prevented the gold from leaving while the USA decided to spend like morons on a stupid fucking war in Vietnam.

>> No.54152627
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54152627

>>54146252
Thank g_d we have CBDC, my fellow goyim

>> No.54154077

>>54152601
True and straight. However, I remain confident we will prevail in the end.

>> No.54154285

>>54145063
Pretty much, I mock boomers who voted for him as the cause for the world of shit we're in today. His entire cabinet were niggers too who collapsed the farm industry too which lead to the mega farms we have today.

>> No.54154383

>>54145063
>Is this why we are so fucked?
Yes, however you would have to go further back to Robert Morris and the Hamiltonians to see it was just a natural progression of tying the state and banks together.

>> No.54156245
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54156245

>>54145063
It happened under Nixon but it wasn't Nixon's fault... not mostly. It was LBJ who went on a crazy spending spree far above and beyond what we had gold reserves for. Charles De Gaulle called the US on its bluff till it became apparent we were violating Bretton Woods. Shit got so bad that LBJ refused to run in 1968, which would've made him the lost serving POTUS since FDR had he won.

Instead, LBJ bows out, leaving the next president to handle the shit show he created. Nixon became the fall guy and had to take the US out of the BW. But, of course, he gets all the blame while LBJ roasts in hell laughing his ass off.

>> No.54156985

>>54145091
I'm sure money will still have a lot of meaning when the owners of AI and automation equipment have all of the money and live lavishly, and everyone else dies in the streets because there are no jobs outside of automation engineers and any public benefit of automation would be considered socialism