Message from @Clonemaster™ 6.41
Discord ID: 362869965629554690
FDR was the one who started the inflation of the currency by forcibly confiscating private gold
if not for socialist movements that forced the new deal
Hey, your currency didn't competely lose value 3 times in the 20th century.
then Richard Nixon made the biggest mistake of all time and took us off the gold standard.
True, and our currency isn't so devalued that an American could be a millionaire there(like Zimbabwe)
Preach it @Fusion
Yeah, he did it on purpose to fuck the value of the dollar up.
deflation would be the direct result of economic growth
This is getting conspiracey.
Even at the absolute worst period of the Great Depression, where the economy was at its worst, the dollar was worth more then than it is now.
good to see no one could retort this statement "infact we see what corporatiions do when not watched by gov, look at chine apple factories, they literally put suicide nets so that the workers dont kill themselves coz of shitty working conditions ,@Extra Crispy thats what it would be here if not for the new deal
for example, if you based the economy of a whole society off a brick of gold, and printed more and more cash that represented that gold, those bills would only represent an increasingly smaller amount of that gold as it increases in value
@Extra Crispy read on it, deflation means stagnation
gg nice chat boys
The irony being that the Chinese companies are watched by the government, who simply don't care enough to implement safety protocols
deflation increases the purchasing power of the currency
I mean, when human lives are just assets of the state, when one dies, you just replace him with another one
a dollar as it is worth today is worth barely a fraction of what it was worth even 100 years ago
Correction.
Because you can't refute the truth
@Clonemaster™ 6.41 it was so socialist it was a right wing dictatorship
That doesn't make any sense
They are bribed by officials in the communist party who have connections to these businesses and stand to make lots of money from them.
>it was so socialist
you dont even know what sort of system they even used
do you
centralized power=right wing, decentralized gov= left wing
That's not the definition of right-wing and left-wing politics.
the other way around
You literally switched the definitions
You're thinking of authoritarian and libertarian
centralized power=authoritarian, decentralized gov=libertarian.
socialism is not inherently marxist
however modern socialism as it is today, is
you want the gov to be small so that corporations can have unchecked power dont you? @Clonemaster™ 6.41 ]
True, as socialism existed well before Marx came up with his ideas
Far-right is anarchy, that was the complete opposite of what Nazi Germany was
Not necessarily true, @Clonemaster™ 6.41