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Anyone willing to bet on a devaluation of the dollar when all the debt bubbles burst?
#22
I would argue that the American Empire has been in decline since the 1970s.

That being said, a gold standard would present its own problems, namely that every country would have to maintain a reserve of gold and peg their currency in some way to gold. This will mean that the major creditor countries would end up sitting on stockpiles of gold and would over all inhibit world trade as gold is finite. It would also limit the trade prospects for countries that would prefer to back their currency with silver or any other metal.

That being said there are many many positives to using specie and ditching the banksters. One of the reasons I oppose taking Andrew Jackson off the 20--even if Jackson being on bank notes is somewhat ironic.

In before one of the Lib-tards starts shouting "hurr durr Jackson was an evil genocidal maniac racist, durp".
It really is all mathematics.

Turn on to Daddy, Tune in to Nationalism, Drop out of UN/NATO/WTO/TPP/NAFTA/CAFTA Globalism.
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Messages In This Thread
RE: Anyone willing to bet on a devaluation of the dollar when all the debt bubbles burst? - by Kinser79 - 05-21-2016, 12:36 PM
Ornery, take 2 - by Ragnarök_62 - 05-26-2016, 02:12 AM

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