/biz/ - Business & Finance

>>56848620

> "Den Goldmachern habe ich erklärt, ich hätte überhaupt kein Interesse an Gold, weder an natürlichem noch an synthetischem."
— Nov 11th 1941

> "Die andere Welt hat das alles noch nicht kapiert. Insoweit können wir beruhigt sein. Die kriegen solche Krisen, wenn der Krieg zu Ende geht! Während der Zeit bauen wir uns einen ganz soliden, krisenfesten Staat auf, hinter dem kein Gramm Gold steht."
— Nov 11th 1941

> "Man kann Amerika ja nur mit Gold bezahlen. Ein Geschäft, das sich aufbaut auf Austausch von Produkten, ist mit Amerika nicht möglich; es hat Uberschuß an Rohstoffen wie an Produktionsmöglichkeit. Bekommen sie Gold für den Ansatz menschlicher Arbeitskraft, dann legen sie das in einen Keller und sind der Meinung, die Welt werde sich nach dieser Wirtschaftspolitik, die jüdischem Denken entsprungen ist, richten."
— Oct 13th 1941

>>56848632

> "Zu ihrem Schaden haben die Engländer Indien industrialisiert. Das Ergebnis: daß in England die Arbeitslosigkeit steigt, der britische Arbeiter verarmt. Die Millionen Arbeitsloser in Amerika! Man müßte da mit einer ganz neuen Wirtschaftspolitik beginnen: sich vom Goldstandard loslösen und dafür im Innern eine Produktion unterbringen."
— Sept 9th 1941

> "Das Christentum war alles zerstörender Bolschewismus. Die Juden hatten die Einsicht daß man mit der Lehre Jesus den römischen Staat, den die Juden haßten, zum Zusammenbruch bringen könne. Die Römer beschlagnahmten sogar das von den Juden in den Tempeln auf gehäufte Gold; die Römer griffen also den Juden an das Heiligste was es für den Juden gibt. Und Saulus-Paulus kam die Erleuchtung daß man den römischen Staat zum Zusammenbruch bringen könne, wenn man die Lehre von der Gleichheit aller Menschen vor einem alleinigen Gott durchsetzte und wenn man die eigenen, angeblich göttlichen Auffassungen über die staatlichen Gesetze erheben würde. Wenn man dann noch dazu es fertigbrachte, einen Mann als den Stellvertreter Gottes auf Erden durchzusetzen, dann stand dieser Mann mit seinem Gebot und seiner Lehre über allen staatlichen Gesetzen."
— Oct 21st 1941

> "Dann habe ich ihm auseinandergesetzt, daß Golddeckung, Währung und dergleichen Begriffe seien, die ich nie und nimmer als unumstößliche und verehrungswürdige Faktoren ansehen könne. Für mich sei Geld nichts anderes als eine Anweisung für geleistete Arbeit. Es habe nur dann und nur soviel Wert, als hinter ihm eine Arbeitsleistung stecke. Wo es diese Leistung nicht repräsentiere, könne ich ihm auch einen Wert nicht zubilligen."
— May 19th 1944

>>56848632
>>56848641
yes gold leads back to dollar derivatives. not the own you think it is. Next!

>>56848620
>>56848632
>>56848641

>>56848620
>all these crypto baggies seething in other threads at PM chads
Feels good man.

>>56848620
Bump

>>56848668
based!
Silver is for the People!

pearl set in 14k flower ring. any anons get gifts for mommy? gotta pay for those tendies somehow

8 hours to go on my favorite coin. If I win I’ll post pics of what it is and I’ll make sure to show an updated cigar box.

A blessed Sunday to my /pmg/ frens. Wish they were longer but how else would we stack if we didn’t wage?

>>56848668
>>56848641
>>56848632
Designate Mentally Feeble Kike
Input Tongue into Anus

Non nazi promoting edition up

>>56848706
>>56848706
>>56848706
>>56848706
>>56848706

>ducks in a row
lol

>>56848699
>angered by Hitler's words
>proceeds to write "kikes" instead of "jews"

Have you guys noticed how JIDF shills, very often when larping as anti-jewish non-jews, almost always use the word "kikes" and usually avoid using the word jews? That's because of the below:

• It plays into their Christianity hoax and makes their Scheinkampf (pretend-fight) against Christianity seem real, thereby promoting Christianity (as "kike" is said to originate from the jew word for circle and supposedly the origin of "kike" is that jews refused to use a cross instead of a circle on some document, so they supposedly used a circle instead).

• To normalfags it sounds like a "racist slur" like, like nigger, which makes the enemies of the jews seem bad/evil/racist -- and this of course helps the jews.

• Calling the jews jews helps instill into the subconscious of normalfags that jew=bad. The word jews is already a word with a somewhat negative connotation around the world, but we can make it even more negative/bad sounding. Calling them "kikes", or anything else other than jews, doesn't contribute to that. THIS they are VERY aware of, hence they don't want us to call them jews.

They much prefer it when their enemies use the word "kikes", or anything else other than jews - for example "hebrews" or "semites". That's why when they larp as anti-jew, they insist on using "kikes".

>silver was the true and only monetary standard
silver was the true and only monetary standard
>silver was the true and only monetary standard

>>56848713
GAY
A
Y

>>56848755
not angered. ipsi dixit.
understood. ill try to call them Jews.i have the same feelings when people call Ki- jew shills “Rabbi”
there was a prominent jew who loved the word kike and would call himself and only jews kikes. kek

>>56848777
checked

>>56848755
look, we were raised on Kike, Rabbi, etc. thanks for the info. We can adapt a more punishing vernacular in the future.

silver must trade hands

when the money is sick, so are the people.

IT IS happening.

>>56848845
Then cheer, boys, cheer, raise a joyous shout
For Arizona and west Virgina now have both gone out
And let another rousing cheer for Tennessee be given
The rallying cry for sound money has grown to be eleven

Missourians. make it happen!

https://youtu.be/I1q5XLnn4Ok?si=DV57rJ4YpN1ty9VI

>>56848620
Hello should I buy an American gold buffalo or a gold eagle

>>56848620

The Coinage Act of 1792, also known as the Mint Act or the Mint Coinage Act, was a significant piece of legislation passed by the United States Congress on April 2, 1792. This act played a crucial role in establishing the nation’s coinage system and monetary standards during its early years. Some key provisions and aspects of the Coinage Act of 1792 were the establishment of the US Mint, which

defined the dollar as a specific weight of silver
recognized both gold and silver as official forms of money
specified the weight and composition of various denominations of gold and silver coins
specified the denominations and designs of coins to be minted, including the eagle, dollar, half dollar, quarter dollar, dime, and half dime in silver, as well as various gold coins
Coins minted under the authority of this act were declared to be lawful money and legal tender for all debts, public and private, within the United States. The Coinage Act sought to regulate private coinage, making it illegal for individuals or entities to create their coins for use as currency. The Coinage Act of 1792 laid the foundation for the US monetary system and played a vital role in the development of the nation’s coinage standards. It helped establish the US dollar as a stable and recognizable currency, which was essential for economic growth and trade during the early years of the United States.

The United States ended the silver standard in 1965 primarily due to economic and fiscal considerations, including rising production costs, the depletion of silver reserves, and the need to manage the federal budget more effectively. The cost of producing silver coins, particularly dimes and quarters, was increasing over time. As the price of silver on the open market rose, the metallic value of the coins exceeded their face value. This led to a situation where people began to hoard and melt down silver coins for their intrinsic value, resulting in a shortage of circulating coins.

The Coinage Act of 1965, signed into law by President Lyndon B. Johnson, authorized the US Mint to begin phasing out the use of silver in coins. The act allowed for the production of copper-nickel clad coins for dimes and quarters, reducing their silver content to virtually zero. The 1965 act also authorized the issuance of new coins with different designs, including the Kennedy half-dollar, as part of the modernization effort. The Act also provided for a transition period during which both the older silver coins and the new copper-nickel clad coins would circulate simultaneously.

This period allowed the government to gradually withdraw silver coins from circulation. This marked the end of the silver standard in US coinage and a shift toward modern coinage materials that were less costly to produce. The change was intended to address practical economic and budgetary concerns while ensuring the continued availability of coins for everyday transactions. I wonder how many Americans were realizing how their money was being devalued right before their eyes.

The Bretton Woods system, established in 1944, faced numerous challenges and ultimately failed in the early 1970s. The United States was running substantial trade deficits, which meant that it was consistently sending more dollars abroad than were returning to the US. This resulted in other countries accumulating large amounts of US dollars. The accumulation of US dollars by foreign countries created a dollar overhang problem. As more dollars circulated internationally, the fear arose that these dollars might not be redeemable into gold at the fixed rate of $35 per ounce, as the US gold reserves seemed inadequate to back all the outstanding dollars.

The United States experienced periods of inflation during the 1960s, which eroded the real value of the US dollar. This led to doubts about the sustainability of the fixed exchange rate system, as the value of the dollar in terms of gold and other currencies was diminishing. To maintain the system, the US was expected to provide gold in exchange for dollars held by foreign central banks. The drain on US gold reserves became unsustainable as other countries began to convert their dollars into gold at an accelerating pace. Nixon had to pull the plug in 1971 as the world preferred physical gold to paper US dollars. Do you blame them?

The Federal Reserve Act of 1913 granted the newly established Federal Reserve Banks the authority to issue Federal Reserve Notes. These notes were a form of US currency and became a significant part of the nation’s money supply. The first Federal Reserve Notes were issued in 1914 by several of the Federal Reserve Banks, with the notes being denominated in various denominations, such as $1, $5, $10, $20, $50, and $100. Federal Reserve Notes gradually replaced National Bank Notes and other forms of currency issued by private banks. This transition allowed for a more uniform and standardized currency system under the oversight of the Federal Reserve.

Federal Reserve Notes were designated as legal tender for all debts, public and private, within the United States. They became the primary form of paper currency used in everyday transactions. Federal Reserve Notes have gone through various design changes over the years, with updated security features and anti-counterfeiting measures to ensure their integrity and security. I’ve never seen the term Federal Reserve Note mentioned in the US Constitution. The biggest change that these notes have gone through is that they are no longer backed by any gold or silver.

>>56848620
>The Eternal Reich Edition
Where Eagles Dare