/biz/ - Business & Finance

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Anonymous Sun Jul 29 23:37:56 2018 No.10480386 [Reply] [Original]

explain

>>	Anonymous Sun Jul 29 23:40:12 2018 No.10480406 >>10480386 I saw this posted on an ancap subreddit. I laugh at ancaps. They're so economically illiterate that it's sad. The gold standard arguments have all been thoroughly refuted.

>>	Anonymous Sun Jul 29 23:40:13 2018 No.10480407 >>10480386 The dollar is backed by Oil.

>>	Anonymous Sun Jul 29 23:40:54 2018 No.10480411 >tfw I went all in on McDonalds Big Mac Tokens

>>	Anonymous Sun Jul 29 23:41:41 2018 No.10480416 File: 1.13 MB, 500x500, 1532859110916.gif [View same] [iqdb] [saucenao] [google] >>10480386 We're entering a new paradigm where sandwich-backed securities run the new world order. As it should.

>>	Anonymous Sun Jul 29 23:42:00 2018 No.10480423 File: 59 KB, 457x500, 1529817902359.png [View same] [iqdb] [saucenao] [google] >>10480407 brainlet, it's backed by the united states government

>>	Anonymous Sun Jul 29 23:43:02 2018 No.10480433 >>10480386 CHAINLINK MCDONALDS PARTNERSHIP CONFIRMED.

>>	Anonymous Sun Jul 29 23:43:28 2018 No.10480441 >>10480416 Big Mac tokens and Amazon crypto. late stage capitalism

>>	Anonymous Sun Jul 29 23:45:31 2018 No.10480459 >>10480411 Im so glad i discovered this place, so i could learn these valueable skills from all of you business gods. Thanks for the advice anon.

>>	Anonymous Sun Jul 29 23:45:37 2018 No.10480460 Is not that burger waves token, I heard will be launched on cryptopia and cryptobridge

>>	Anonymous Sun Jul 29 23:49:47 2018 No.10480508 File: 15 KB, 640x300, big-mac-cpi1.png [View same] [iqdb] [saucenao] [google] >>10480459 you have much to be thankful for fren

>>	Anonymous Sun Jul 29 23:51:17 2018 No.10480526 >>10480407 No, the dollar is backed by trade in oil, not the oil itself. That's why when Iraq or Libya tried to go off the dollar for oil trade they were "liberated".

>>	Anonymous Sun Jul 29 23:51:50 2018 No.10480533 >>10480406 Then refute them again. Because I say inflationary currency as being good has been refuted and countries are moving back to the gold standard.

>>	Anonymous Sun Jul 29 23:53:50 2018 No.10480556 >>10480508 Holy shit no wonder they needed to raise 32MM

>>	Anonymous Sun Jul 29 23:54:49 2018 No.10480563 >>10480533 I'm more interested in why leaving the universal standard is in anyway beneficial, and why didn't everything come crashing down and stayed down

>>	Anonymous Mon Jul 30 00:08:58 2018 No.10480714 >>10480533 Not true at all. It's your opinion (that the vast majority of economists disagree with), not a fact. >>10480563 Google it. You won't get a good answer from the brainlets and tinfoils on here.

>>	nano Mon Jul 30 01:05:47 2018 No.10481236 you dumb niggas do know that they are partnering with OMG right?

Anonymous Mon Jul 30 01:10:33 2018 No.10481277

The US dollar is NOT an inflationary currency. Every dollar is backed by the military might or domestic enforcement power of the USA. You pay your taxes in US notes. You are paying to not be subject to imprisonment. Others use US dollars to influence the USA or its military or mollify them. Ask yourself how many units of military force does the USA command per dollar in circulation. Tje amount of US military power backing each of its dollars goes up each year, not down.

Full faith and credit?

More like full fucking auto.

For as long as the USA keeps growing its military, the dollar is deflationary.

>>	Anonymous Mon Jul 30 01:14:58 2018 No.10481314 Confirmed. Link will airdrop 1:1 Big Mac tokens.

>>	Anonymous Mon Jul 30 01:20:43 2018 No.10481361 File: 3 KB, 110x125, 1518419979583s.jpg [View same] [iqdb] [saucenao] [google] >>10481277 >Every dollar is backed by the military might or domestic enforcement power of the USA.

>>	Anonymous Mon Jul 30 01:22:18 2018 No.10481377 >>10480407 And death

>>	Anonymous Mon Jul 30 02:37:56 2018 No.10482046 >>10481277 >everything gets more expensive >fed targets 2-3% inflation every year >not an inflationary currency >dollar is deflationary i dont have a brainlet pic in my library demeaning enough for you

>>	Anonymous Mon Jul 30 02:39:05 2018 No.10482058 >>10481277 idiots believe this

>>	Anonymous Mon Jul 30 04:46:43 2018 No.10482799 What exchange do I buy this coin on...?

>>	Anonymous Mon Jul 30 04:54:53 2018 No.10482862 >cash out >government takes the buns

>>	Anonymous Mon Jul 30 04:56:31 2018 No.10482870 >>10480386 those are securities probably and need to wait for SEC decision on that

>>	Anonymous Mon Jul 30 04:58:54 2018 No.10482886 >>10480714 gold can't be counterfeit, is scarce, and has inherent value. your argument boils down to advocation for 'automatic usury' by inflation which doesn't benefit anyone except the rich. You're a traitor.

>>	Anonymous Mon Jul 30 05:00:43 2018 No.10482897 >>10481277 >Every dollar is backed by the military might or domestic enforcement power of the USA this is correct everything else is wrong just look at your purchasing power you fucking retard

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