/biz/ - Business & Finance

>>18061423
This is the problem, people have zero understanding of money. So you go twitter and people are absolutely delusional about q because they want it to be true so badly, all those boomer twitter accounts have cognitive dissonance. They would literally be cheering if trump announced a new gold standard at 1/1,000,000 ounce rate which would be worse than all the other debasement combined
a gold backed treasury note is completely unconstitutional
additionally to make a gold standard you actually need to have the gold, the usa claimes to have under 5000 tonnes which has never been audited.

>>17997797
doesn't help anyone posting crazy shit

>>17930886
confirmed all us debt is going to be made worthless
aka same thing as dollar collapse
aka ww3

>1usd = 1ust somewhere betwenn 1/1 to 1/10
so was the new deal.

also treasury notes are not constitutional pic related

>>17892891
it's not. all you have is semantic arguments about ownership like any communist.
A private bank taking peoples wealth without their consent towards the goal of maximising their productivity is not capitalism.
It is also completely unconstitutional.
But there will be no end to it until all the socialists are defeated.
The only reason the fed exists is because the only option foreign socialists have is war their economies are bubbles, they are the manifestation of evil.

>>17796529
there is 190,000 tonnes or $9.3trillino of gold in the world
the us debt is $22 trillion

even if all the gold in the world is hidden away in fort knox the best peg they could do is $3616 meaning every dollar would lose 60% of its value.

The reality is they claim to 4583 tonnes or $225 billion (which has never been audited) meaning a peg at $150,000 an ounce a 99% devaluation of the dollar.

the reality again is that a gold standard is what allows debasement in the first place and the peg will just be reduced again by the next government at the next crisis

the real solution is denominate price in gold and currency can be whatever the seller is willing to accept.
Gold standard is as unconstitutional as the fed https://constitutionus.com/