/biz/ - Business & Finance

>>24311948
it's a posibility yes if that happens gold is rekt, pic related.

>>23961567
> so it does naturally fluctuate but do agree that having an inflationary currency is pure retardation

Yes but not as much as you would believe pic related is all the gold ever mined.

Assuming the price of gold does 10x maybe the inflation goes to 3% after a few years and then goes down as the price falls as miners sell which causes miners to stop mining.

It's a self adjusted scenario and since all currencies were backed by gold all nations had this self moderating mechanism as a game theory but after this.


https://wtfhappenedin1971.com/

it's a race to hell , the usd / eur rate can be the same for 10 years but relative to real estate or anything with low supply both lost massive ammount of purchasing capacity.

>>18177297
>my shit is also very scarce

It's not, all the gold in the world mined for thousands of years is of size pic related , your shit is abundant.

Interestingly enough in 40 days bitcoin will have the same stock to flow ratio than gold and so will xmr and ltc soon after.

>>18177342
Correct and things with lower supply than the monetary supply will go up in price.(example housing since 2008)

Kikes steal 99% of our money through the state. Muh drumpf is gonna drain the swamp is another kike trap. The only way to be truly free is to reject living like a pig in the jew's farm.

Why does /biz hate gold? Do you have any idea just how rare this stuff is?

>He thinks fiat is real money and it's the Jews fault he's still poor
>b-b-but muh bitcoin!
>sweetie, those are mined with gold semiconductors.