Message from @VaingloryPvP

Discord ID: 704193231348301885


2020-04-27 04:47:43 UTC  

ofcourse anarchy would be bad in 2020

2020-04-27 04:47:50 UTC  

You need to chill out.

2020-04-27 04:47:57 UTC  

I am chill?

2020-04-27 04:48:10 UTC  

government isn't really the issue, the issue is fiat currency tbh

2020-04-27 04:48:19 UTC  

small government is good

2020-04-27 04:49:06 UTC  

and fiat currency is due to the government.

2020-04-27 04:49:11 UTC  

Paper money.

2020-04-27 04:49:19 UTC  

no

2020-04-27 04:49:59 UTC  

I mean, the government has pushed for fiat currency throughout American history, sure

2020-04-27 04:50:15 UTC  

Fiat currency is what prevents economic collapse from recession and depression, if we still maintained the gold standard or any kind of standard there would be no way to recover

2020-04-27 04:50:29 UTC  

that's a myth

2020-04-27 04:50:44 UTC  

the gold standard would keep things stable

2020-04-27 04:50:46 UTC  

Im boredddd

2020-04-27 04:50:52 UTC  

Wha... That's basic economic fact. You can't stop an overheating economy with a fixed value currency

2020-04-27 04:50:53 UTC  

Just trade

2020-04-27 04:51:02 UTC  

You can't deal with a market xrash of any kind

2020-04-27 04:51:51 UTC  

The gold standard would massively devalue the US dollar and crash the economy in the snap of your fingers

2020-04-27 04:52:00 UTC  

Unless you took like

2020-04-27 04:52:16 UTC  

90% of all US dollars out of circulation

2020-04-27 04:52:29 UTC  

the economy would never "overheat" if our currency was backed by a commodity such as gold

2020-04-27 04:52:29 UTC  

Screenshot proof. possible WW3. war happens on may 6 2020. Predicted-April 26

2020-04-27 04:52:45 UTC  

That's

2020-04-27 04:52:50 UTC  

do you not understand the process of inflation?

2020-04-27 04:53:08 UTC  

fiat currency is what is devaluing our money

2020-04-27 04:53:20 UTC  

they print more and more money, it's worth less and less

2020-04-27 04:53:24 UTC  

Ok ok ok I understand how inflation works

2020-04-27 04:53:36 UTC  

But in order to afix the US dollar to a gold value

2020-04-27 04:53:49 UTC  

The government would have to fix a selling price for gold

2020-04-27 04:53:55 UTC  

wrong again

2020-04-27 04:54:00 UTC  

Wha

2020-04-27 04:54:05 UTC  

That's what the gold standard is

2020-04-27 04:54:08 UTC  

You’re wrong soup.

2020-04-27 04:54:13 UTC  

no.

2020-04-27 04:54:13 UTC  

explain why price fixing would be necessary?

2020-04-27 04:54:40 UTC  

Y

2020-04-27 04:55:20 UTC  

You’re smart qwasi.

2020-04-27 04:55:23 UTC  

Very smart.

2020-04-27 04:55:35 UTC  

Its a price for gold set by the governmemt. It's how much gold the government will "convert" for a specific amount of money

2020-04-27 04:55:40 UTC  

That's what a standard is

2020-04-27 04:55:51 UTC  

Yep.

2020-04-27 04:55:51 UTC  

That sets the price of gold for that currency