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this post was submitted on 16 Dec 2024
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United States | News & Politics
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I really need you and everyone else to know that the gold Standard was holding down inflation. The massive wealth disparities we see now are because of the US dollar becoming fiat.
The quicker we return to a standard of any kind the quicker things go back to normal.
This is not their intent. They want ownership of property, not gold. Property is the only thing in true demand. And only the wealthy can afford it.
Instead of inflation, gold causes a financial crisis just because its price fluctuates. That's not better.
Edit: typo correction
It's price only fluxuates based on availability, and we're on a finite planet. The real problem would be environmental regulations regarding gold recycling at that point.
Like a new vein of ore discovered in some far off land?
Yeah, that's what caused a lot of wars, and financial bubbles.