In Weimar Republic blowjobs costed quarter of a silver and u could buy house for 1 ounce of gold

[Anonymous No.51482277]

Once we see USD held by other countries coming back to USA hyperinflation of Venezuela will look like a walk in park

[Anonymous No.51482311]

if you mean by coming back is paying debt then that dollar is destroyed you apogee of retardation
>the absolute IQ of hyperinflation retard

[Anonymous No.51482322]

>>51482277
You hadn't been able to buy a house for an ounce of gold before WWI, and logically, the value of gold wouldn't shift if some other good hyperinflated. If, for example, a potato costs $0.20 now and suddenly a potato-planet with a quintillion potatoes on it emerged from the warp tomorrow, reducing the price of potatoes to $0.000000000001, gold wouldn't somehow independently skyrocket in price to $50K. It'd only skyrocket in price compared to potatoes.
Gold would only have become that valuable if it had absorbed such a large monetary premium. You could argue that it did, but the premium would have been on the order of x100: if we assume a house to cost $300K and the current gold price of $1.6K per ounce, then the purchasing power of gold would've had to go up by a multiplier of 187.5 for one ounce to buy such a house.

[Anonymous No.51482349]

>>51482311
>hyperinflation of Venezuela will look like a walk in park

[Anonymous No.51482357]

>>51482311
Debt will be paid in gold bonds once the gold realises it's true value

[Anonymous No.51482400]

>>51482357
>issue a trillion gold bonds
>can't pay 'em
>oops he he to stop the speculators we have temporarily suspended the convertibility of coupons into gold, holders will be compensated in dollars
>thank you for the gold, goyim

[Anonymous No.51482404]

rates will keep rising and dollar will deflate more and gold price will crash
jesus christ the amount of copium has reached level of total delusion, might as well say the sun will rise from the west

[Anonymous No.51482438]

Gradually, I began to hate them.

[Anonymous No.51482495]

>>51482311
Just the opposite. Japan, for example, holds US debt in the trillions. When it decides it wants its dollars back from the USA, the USA will have to either default or create dollars to pay with. Japan can then use those dollars to buy assets in the USA driving up prices. China is already doing this. It has around three trillion dollars just sitting there. They stopped buying US bonds and are using those dollars to buy US assets and gold.

[Anonymous No.51482591]

>>51482495
they hold US bonds but each of them have even bigger external debt (which must be denominated in dollar)
every single country will default because of this and there will be dollar liquidity crisis aka hyperdeflation
your understanding is fundamentally retarded and inverted

[Anonymous No.51482796]

>>51482591
What do you mean by external debt? Japan is owed dollars from the USA that the USA will have to borrow from the Fed.

[Anonymous No.51482818]

>>51482796
no more stupid question please

[Anonymous No.51482858]

[Anonymous No.51483057]

>>51482277
today a 1oz pure silver bullion coin would not buy you blowjob unless from a diseased old hobo.
as for gold, well it would buy you a decent mountain bike.

[Anonymous No.51483117]

>>51482818
>denominated in usd = usa owns the debt

Kys, I really mean it. Kys.

[Anonymous No.51483158]

one day (soon) all these stupidities will catch up with you, you think dollar will hyperinflate while it will hyperdeflate and you'll lose it all and you'll die in the depression, and i want you to remember this, you fucking deserve it
fuck you horde of morons financial illiterate, get the fuck outta this board
cap this

[Anonymous No.51483188]

>>51482277
>He doesn't understand there's currently a dollar shortage globally, which is why the USD is rising in value
NGMI
you sound like one of those debtmax fags

[Anonymous No.51483210]

>>51483158
>dollar will hyperdeflate
When are they going to burn 90% supply?

[Anonymous No.51484002]

The US will just rugpull the world economy and trigger WWIII. They want this.

[Anonymous No.51484154]

>costed
>quarter of a silver
fox aches what happened to this place

[Anonymous No.51484162]

>>51482277
If Weimar happens again people will be using crypto not pm’s

[Anonymous No.51484493]

>>51482322
Estimates are that there is is currently around $1 quadrillion USD in value in the world. If gold were to become the primary means of monetary account/exchange for all nations, then the value relative to current prices can be calculated based on $1 quadrillion USD / available above-ground gold. On rough estimates the current calculation means that if gold were to replace fiat currencies at current levels the equivalent price would be about $170,000 USD per troy ounce.

During hyperinflation and other catestrophic events the nominal value of real estate typically increases but the real value often decreases as there is a surge of emigration to escape the event. I don't know if this kind of real price collapse would happen if the US hyperinflated because the US is currently the world reserve currency and it may not trigger a surge of emigration, but even if prices don't drop it would still mean 5-10oz of gold for a very nice house in the US. If gold revalued to become the primary unit of exchange in a monetarily "isolated" nation such as Venezuela or Germany, I would expect a surge of emigration to collapse real house prices at the same time, which could easily bring the figure down to 1-2oz of gold.

[Anonymous No.51484640]

>>51484493
You identified part of the reason venezuelan and weimar homes and industry were so inexpensive in gold and silver terms. They lose value in real terms because who the fuck wants to live in the Weimar republic after the socialist experiment destroys the whole country? You could just walk out of there and into neighbouring countries but if you want to be able to leave with something, you'll have to be able to take it with you physically.

[Anonymous No.51484758]

in the end they will force cbdc on us. the only question is when will it happen

[Anonymous No.51484798]

>>51482277
This time is different because it's the death of all fiat currencies simultaneously.

[Anonymous No.51484807]

>>51482277

[Anonymous No.51484823]

>>51484798
How does that make it different? If anything that makes it more of a necessity. There is no escape to preserve your wealth in other currencies/stock markets.

[Anonymous No.51484836]

>>51484823
Because you can't do this forever, it's very expensive.
The debt load will cripple the system eventually.

[Anonymous No.51484848]

>>51484836
But where exactly do you go to protect your wealth?

And please don't say cryptocurrencies.

[Anonymous No.51484909]

>>51484823
1) Yes, in theory gold should skyrocket in this scenario as people realize they have to protect their wealth. They won't be able to hide in fiat like the USD that's being spared
2) Problem is, the economy is being burned down. That means there's an unprecedented level of supply destruction. You'll have money if you have gold, but what will there be left to buy if nobody is producing anything anymore. Land I suppose.

[Anonymous No.51484980]

>>51483057
Give the mountain bike to the diseased old hobo and pay yourself for a blowjob, and Wallah! Just like that the US Dollar Crisis will never be a problem again.

[Anonymous No.51484995]

>>51484848
>But where exactly do you go to protect your wealth?
hard assets that you own completely
Can you lose it on a boating accident? Buy it

[Anonymous No.51484997]

>>51484909
Eh I think some parts of the world are way less leveraged and indebted. It's mostly the West (EU, NA and Japan) that are gonna get completely wiped out. Some parts of Asia are gonna be fine, by comparison.

[Anonymous No.51485228]

>>51484997
Maybe. It's hard to say how this will play out in such globally integrated economy. They might be okay if they aren't big food importers.

[Anonymous No.51486742]

>>51482818
Half of that is owed to the BoJ, meaning it is just phony accounting. The other half is owed to the Japanese people who will wait patiently for a return. Japan will not default on its debt. The USA will either default directly or through inflation. Oh, and eat a bag of dicks, asshole.

[Anonymous No.51486783]

>>51486742
you're looking at the wrong debt you stupid fucking mongrel
4 trillion international debt
please don't pretend like you know shit, nobody's buying your stupid posts

[Anonymous No.51486868]

hyperinflashyun retards are the cringiest motherfucker in the universe, they usually come hand to hand with being PM retards as well
you're all redneck mongrel incel from midwest with mad max delusion that know nothing about anything

>>51486783
hold 1.2 trillion
debt 4.6 trillion
where do they get the 3.4 trillion fucking US DOLLARS to pay their debt?
go back to kindergarten
faggots

[Anonymous No.51486887]

>>51482322
few things about this, 1 is that as hyperinflation begins actively ruining lives people stop buying houses (plummeting demand) and many end up selling their houses just to survive, or to get as much of their wealth as they can and get the fuck out of the country (soaring supply).
you can probably guess what happens when both demand drops and supply increases

2 is that gold gets new value as a de-facto currency. it may never be officially used as legal tender, but unofficially people will accept it while using bank notes as toilet paper. you can see this in any society that experiences such things, you could see it recently in venezuela with people paying barbers in gold flakes
currency is still needed in apocalyptic scenarios

[Anonymous No.51486899]

Private banks create all money, NOT government. Banks create new digital money when they lend. The money you borrow from the bank did not exist before you signed the loan contract. The entire money supply is created this way.

This was the same system used in the Weimar republic. Therefore, private banks create hyperinflation, NOT government.

Proofs at:
bankLIESdotORG

[Anonymous No.51486904]

>>51486868
holy fuck does gold really give such aneurysms to the average NPC?

[Anonymous No.51486930]

Private banks create all money, NOT government.
The entire money supply is created by private banks who create the digital money they lend.

Too much money creation causes hyperinflation. Therefore, PRIVATE BANKS cause hyperinflation, NOT government.

proofs at:
bankLIESdotORG

[Anonymous No.51486944]

>>51486899
>>51486930
doesn't matter because banks follow the interest rate benchmark set by the fed
the fed controls the entire world economy, not just US

[Anonymous No.51486957]

Even the Library of Congress admits that private banks create new money out of thin air when they lend. Too much money creation causes hyperinflation.

Private banks cause hyperinflation, NOT government.

proofs at:
bankLIESdotORG

[Anonymous No.51487007]

>>51486944
The 12 Federal Reserve banks are privately-owned by the banks in their district. So when you say the Fed controls the money supply, you are admitting that PRIVATE BANKS control the money supply.

Here's a 14 minute video of Chicago Fed spokesman Jerry Nelson admitting that the 12 Federal Reserve banks are private corporations with unlimited money creation power. (Skip to 4:17 to hear his admission) https://www.youtube.com/watch?v=6N-8DyPoNgU

more proofs at:
bankLIESdotORG

[Anonymous No.51487114]

>>51487007
if you're implying they're trying to create hyperinflation
then why do they raise the rates? they should've just printing

i mean is it not normal to be angry when facing such a level of grandiose stupidity, it's like when people are disgusted looking at trannies or stupid niggers

[Anonymous No.51487478]

>>51484162
>Implying the Boomers who own all of the housing and food supply will accept your Internet money
lmao

[Anonymous No.51487570]

>>51484995
This. The best thing to be in this situation is a cattle farmer. We'll soon be back to the times when a man's wealth was measured in the number of cattle he owned.

[Anonymous No.51487671]

I will buy so many 16 year old virgins with my silver when the great reset hits. I can't wait to form my own sex slave harem, I want to buy so many little girls, and take away their rights since Woman deserve no rights.

[Anonymous No.51487675]

>>51486899
>>51486930
>>51486957
Bro why are you spamming this here? We all know this shit, go and spam this on Boomer faceberg groups. Christ next you'll be telling us the CIA killed Kennedy as if it's some revelation LMAO