What do I Think about Gold Standard

in currency •  3 years ago 

1 purpose for currency, to transfer wealth.

The better the currency retains spending power, the more utility it has over time.

I bet the world elite would love it everyone didn't objectively think about currency, continuing to look for big government solutions to the debt, lack of retained spending power, and ability to transfer wealth.

After they have you in debt, convinced there is a negative value on your retained spending power, the system has failed us.

The gold is backing a debt written to the public, a debt that the government created to control our currency transfers.

The government is MitM attacking our ability to transfer wealth imo, they have no business telling me what gold, cash, or a gram of weed is worth.

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  ·  3 years ago  ·  
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Any degree of scathing critique of the financial system is 110% welcome in my comment section.

Listening to this (3 mins in) makes me angry as usual, but I hope to learn something new.