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/biz/ - Business & Finance

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30249061 No.30249061 [Reply] [Original]

Why don't we use precious metals as currency anymore or back our paper money with gold?

>> No.30249477

Jews

>> No.30249535
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30249535

>>30249061
because this country is full of pussies
https://www.youtube.com/watch?v=QR4LVy72uzQ

>> No.30249649

>>30249061
Because just a few people hace gold and silver and most of them don't want to rise it.

>> No.30249686

>>30249061
read about the free silver movement (late 1800s)
PM backed currencies were already cracking before the turn of the century

>> No.30249813
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30249813

>>30249061
Our entire fucking existence is to be slaves to the elite. Everything you think you know is some sick twisted distortion of reality crafted to benefit the few and hurt you as much as possible for fun and power.

>> No.30249982

>>30249061
Nixon.
What a tool of a man. Still, he had an orators voice.

>> No.30250048

https://www.youtube.com/watch?v=djwPqAJ_3GY

>> No.30250153

>>30249061
Why are you being antisemitic?

>> No.30250204

>>30249477
/thread

The Jews are why we can't have nice things. Maybe we should remove them.

>> No.30250268

>>30249061
Because Nixon pulled us off the gold standard and made it so other countries, who had vested gold in the dollar, could not swap dollars for gold. The US was about to get the rugged pulled on it.

>> No.30250374

>>30249477
>>30250204
What we need is one last good solution to the problem.

>> No.30250886

>>30250268
>The US was about to get the rugged pulled on it.
kek

>> No.30251314

>>30249477
Fpbp
/thread

>> No.30252282
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30252282

>>30250153
Get out.

>> No.30252427

>>30249477
Every
Single
Time

>> No.30252469

>>30250268
before that it really started at Bretton Woods where the American side negotiated their way into making the USD the de facto global currency by tying it to the value of gold. That was the real death of the gold standard, and it was brought on by the accumulated failings of a precious metal monetary system

>> No.30252552

>>30249061
Then we can't spend money we don't have feeding and housing double digit IQ niggers or send billions to Israel every year

>> No.30253407

>>30249061
Because credit was always the form of currency most used throughout history including ancient history. PM’s were used in international trade and paying soldiers. The creation of paper money and digital money is still way more convenient then lugging around coins.

>> No.30253411

>>30250153
being antisemitic is good