You said Gold is useful as a currency.

I didnt argue about it

I feel like everyone on this server is on a spectrum of delusion

@SimonsToaster yes and it is

Its not though

it is

It's not since it's inherently deflationary.

@Bagrat if you think that then you're likely delusional

Its only value is rarity

right which is why its so useful

it has no long term value

That's why everyone stopped using it.

and is highly rare

Everyone didnt stop using gold

Im sorry

African Warlords do count

Everyone abandoned the gold standard.

And?

Every major nation

except China is switching back

🤔

So?

Nobody uses gold as a currency anymore.

They do

China is actually switching back in an attempt to strong arm the oil trade

the major nations dont

@Bagrat Really? Interesting.

Its a power play to boot the dollar out of oil

@Bagrat Thanks for the valuable information.

Because If the currency is on the gold standard it has more liquidity and is hence more valuable to sand nigger warlords

You might be smarter than I thought and not a total retard after all Nabokov.

the lolita man is right

oildollars are a pretty shitty thing

You take something written on Discord at face value.

I dont think the gold standard as a whole is the best

I said he might be.

but it has its uses

mostly for convincing other countries to trade in your currency