Message from @Taxman

Discord ID: 690391799658840064


2020-03-20 02:48:04 UTC  

FUCKING NAILED IT

https://cdn.discordapp.com/attachments/678531385123667998/690391177123594260/8a471b2fb77113f603afb32bcb0de09e.png

2020-03-20 02:48:06 UTC  

I don't care what will happen, I don't have assets tied up in all that shit.

2020-03-20 02:48:09 UTC  

Yes recklessly printing money do deal with problems has never had negative consequences before

2020-03-20 02:48:21 UTC  

Because I'm not a fool that lists after "money"

2020-03-20 02:48:22 UTC  

Printing more money, is never the solution. Nor is giving out free money. Also, we can't "Default" on our debt either as a nation.

2020-03-20 02:48:38 UTC  

Money is worthless and imaginary

2020-03-20 02:48:43 UTC  

Kinda a no win situation.

2020-03-20 02:48:54 UTC  

Thinking it has value is a beta take on reality.

2020-03-20 02:48:57 UTC  

China fucked us... again.

2020-03-20 02:49:06 UTC  

https://cdn.discordapp.com/attachments/678531385123667998/690391437539409940/US-National-Debt-and-Interest-Paid-and-Cumulative-Deficits-2.png

2020-03-20 02:49:16 UTC  

Very enlightened take ninja, now go back to your commune

2020-03-20 02:49:26 UTC  

Our money would be valuable if we retained the gold standard. However, the current attempt the FED had before china began it's downward spiral, was to continue burning money that comes back to the FED and print less money

2020-03-20 02:49:40 UTC  

eventual collapse

2020-03-20 02:49:45 UTC  

Loo

2020-03-20 02:49:57 UTC  

If we operated on your little pathetic gold standard we'd all be starving

2020-03-20 02:50:07 UTC  

Gold is worthless

2020-03-20 02:50:23 UTC  

are you retarded

2020-03-20 02:50:26 UTC  

Delete humans and what worth does gold have.

2020-03-20 02:50:28 UTC  

Nothing.

2020-03-20 02:50:31 UTC  

Gold is best as a superconductor.

2020-03-20 02:50:33 UTC  

Therefore gold is worthless.

2020-03-20 02:50:33 UTC  

ok yeah

2020-03-20 02:50:40 UTC  
2020-03-20 02:50:46 UTC  

it's valued because it's rare

2020-03-20 02:50:52 UTC  

It isn't that rare.

2020-03-20 02:50:54 UTC  

HOWEVER, now that the economy is in its new dive, the FED thought it was a good idea to print a fuck ton of money for a stimulus package. And that failed.

2020-03-20 02:51:00 UTC  

Not end a simple cursory understanding of philosophy in this one

2020-03-20 02:51:01 UTC  

it's a foundation for currency

2020-03-20 02:51:01 UTC  

Palladium standard. Platinum standard.

2020-03-20 02:51:04 UTC  

one piece is the most vapid "lets keep this going because idiots keep watching it" anime series
prove me wrong

2020-03-20 02:51:05 UTC  

Why gold standard.

2020-03-20 02:51:10 UTC  

EHM

2020-03-20 02:51:18 UTC  

GOLD is used as money because!

2020-03-20 02:51:21 UTC  

Cause y'all are retarded.

2020-03-20 02:51:23 UTC  

Latinum standard.

2020-03-20 02:51:23 UTC  

💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸 💸

2020-03-20 02:51:33 UTC  

the whole point is that currency is based of a fixed point of reference

2020-03-20 02:51:42 UTC  

It's rare enough to be valuable, but not rare enough to be unfeasible to produce currency out of

2020-03-20 02:51:47 UTC  

It's pointlesa

2020-03-20 02:51:56 UTC  

Now the FED wants to lower interest rates on loans to 0% so organizations who take federal loans can pay off their debt faster and get money circulating.