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/biz/ - Business & Finance


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51310357 No.51310357 [Reply] [Original]

https://wtfhappenedin1971.com/

How come WEF was created in 1971 and the gold standard was abolished in 1971? And then everything went to shit? Who is behind all of this

>> No.51310381

>>51310357
correlation != causation

>> No.51310471
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51310471

>>51310381

>> No.51310516

>>51310357
People think the "gates of hell" were opened some time between 1960 to 1975.
I think it's simply,
God was declared dead
There was nothing to replace God with
A tribe instilled themselves as God

>> No.51310958

Je…..

>> No.51311656

People like to say jews run this but the founder isn't jewish. Checkmate racists.

>> No.51313853
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51313853

>>51311656

>> No.51314440

>>51310357
Oy vey cool it with the antisemitism

>> No.51317668

>>51310357
The WEF is a lobbying organization for the 1000 largest corporations in the world. Their interests don't exactly align with the general populations interests

>> No.51318953

>>51310357
The gold standard still holds true for respectable (sort of) and civilized central banks from good countries. For all it is worth, bonds are just "currency" diplomacy and not of real use for central banks; the real deal is gold and has always been so.
Silver too in its own way, but very few countries have silver reserves.

>> No.51318978

>>51318953
Also, remind me how much gold the IMF has again? That thousand or so tons of gold are not really part of the U.S.'s, FYI.

>> No.51319232

>>51311656
Publicly. There's always a jew behind the curtain.

>> No.51319463

Gold standard was abandoned because there simply wasn't enough gold and your economic growth was also constrained by gold reserves.

Contrary to what /biz/ schizos tell you, fiat currencies are still "backed". The U.S. dollar is "backed" by oil and their military, Brazil/Russia/Australia are "backed" by their vast mineral/natural resources etc. etc.

>> No.51319524

>>51310381
have you ever considered suicide? because you should

>> No.51319811

>>51310471
>>51319524
>reeeee don't question my narrative

>> No.51319909
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51319909

>>51319463

>> No.51320823
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51320823

>>51319463
Please lurk more before posting and read what commodity money is.
>>51319811
Go back to preddit or the local special ed kid room (/pmg/)

>> No.51320893
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51320893

>>51317668
>The WEF is a lobbying organization for the 1000 largest corporations in the world. Their interests don't exactly align with the general populations interests
Why should the general population not burn it to the ground? Why allow a predator you know of continue to prey upon your brothers and sister, mothers and father?

>> No.51321364

>>51319909
>>51320823
>no real counter-argument, one onions reaction image and one boy looking bug woman

kek there is no conspiracy, gold standard is just too limiting and restricting for large/fast-growing economies. there is a reason why even the least "jewed" nations like cuba, iran, north korea, china etc. all haven't bothered with it. anyway if fiat is worthless then give me yours

>> No.51321672

>>51319463
Lack of money does not limit growth, it enhances it but only if deflation is allowed to happen.

>> No.51322334

>>51319463
>deflation bad
lol

>> No.51322420

>>51321364
read Creature from Jekyll Island, retard, and stop sucking banker cock while they rape your children

>> No.51325801
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51325801

>>51321364
yes, that is why the entire Islamic golden age and the silk roads were built on gold standard
but I think you are talking about unsustainable growth, cancerous growth, like what we've had since the industrial revolution

>> No.51325822

>>51319463
>they're "backed"
lmfao the fact that you need to put backed in scare quotes because they actually aren't backed by anything is hilarious