/biz/ - Business & Finance

[Anonymous No.53872657]

Rome crumbled because it used gold as its main currency. Inflation and fiat is good for the world and the economy. Prove me wrong.

[Anonymous No.53872696]

>>53872657
Actually it crumbled because it used gold then it started debasing the currency with metals worth less. Basically the same inflation problem we have today

[Anonymous No.53872699]

>>53872657
>yes it was the gold goy
>not the rampant immigration
>or soldiers who weren't roman

[Anonymous No.53872712]

>>53872696
It crumbled well before the debasing. The reason for debasing was because the Roman society was already crumbling.

[Anonymous No.53872730]

>>53872712
How do we re-based it? Coat small hats in acid?

[Anonymous No.53872736]

>>53872699
>Me soldier
>Me want gold, I don't want no fiat

Good luck running a country with an illiquid asset. You can't sustain an army the size of America with gold. And you can't have security without the American military. You can't have pretty white women without security.

[Anonymous No.53872750]

>>53872730
Stop jewing. Fiat is fine without jews.

[Anonymous No.53872770]

>>53872657
Are you sure it wasn't minorities?

[Anonymous No.53872771]

>>53872730
Unironically a genicide- reworking the US for instance with massive deportations and nigger death. Removing the lowest %15 extremely violently will do it. Always has-

[Anonymous No.53872780]

>>53872657
https://en.wikipedia.org/wiki/Roman_currency#Debasement

[Anonymous No.53872796]

>>53872770
Definitely not the jews in banks and politics who have access to limitless monetary funds, no absolutely not.

I believe 13% of the population can indeed destroy an economy (good argument retard).

[Anonymous No.53872812]

>>53872770
>minorities
>able to destabilize a world super power

that's a compliment. minorities must be 200 iq if they can do this. Russia has been trying to invade a tiny country for a year now. Russians should just become minorities if they want to destroy Ukraine.

[Anonymous No.53872864]

You’re actually correct, to a degree. /pol/tards have it in their head that fractional banking is bad because it dilutes a currency, but it actually helps immensely with making sure your economy doesn’t just fucking suicide itself when the currency supply and demand curve gets all fucked.

I mean it’s simple really, with fractional banking you can adjust the rate for outstanding debt to decrease or increase the demand for currency, which lets you control the effects uneven supply may have on your economy. If one dude could just strike it rich with a gold mine and suddenly there’s massively maligned investment everywhere and insane inflation you’re going to choke your own economy to death. The problem is that demand is always greater than supply with currency, so the greed is always there to not just smooth an economy but to debase it yes, see the Faustian bargain

[Anonymous No.53872880]

All that matters is trade. Rome artificially managed to make itself a massive node for Mediterranean trade through various factors (but mainly luck, engineering and warfare (What's the difference, huh?!). It eventually fell to the entropic fact of it not being a very good place to centre Med trade. There were always going to be much better places to centre that trade, and for those places it was just a matter of waiting.
So, the question should not be framed: 'Why did Rome collapse?'. Instead: 'why was Rome a thing in the first place?'

[Anonymous No.53872902]

>>53872736
He's talking about the immigration policy in the USA (and the EU really) since the 1960s that openly aims to replace the native population with immigrants

[Anonymous No.53872915]

>>53872736
>no goy your money has to be worthless or you will never have enough of it
>just let us worry about where it comes from
>you just worry about paying us back for those dollars we loaned you
day of the rope soon kike

[Anonymous No.53872933]

>>53872902
Yeah that's a non-problem. Even if you put every immigrant on benefits, it would only account to a fraction of how much the jews stole from banks, bonuses, and federal treasury on yearly basis.

Poltards and majority of the population are being brainwashed to think immigrants are the problem so the jews are shielded from blame. Low IQ dolts always take the bait.

[Anonymous No.53872952]

>>53872902
Whites killed native Europeans and colonized European land.

[Anonymous No.53872985]

>>53872952
Hecking BASED indo-Europeans

[Anonymous No.53873019]

>>53872933
Everybody understands who is bringing the immigrants in you simpleton. They do it for many, many reasons, and all of them are harmful for the natives.

[Anonymous No.53873025]

>>53873019
You're not a native. And immigrants are not an economic issue. Get help.

[Anonymous No.53873098]

>>53872736
How could something that is money be illiquid? You are retarded or a jew.

[Anonymous No.53873125]

>>53873025
Actual retard alert
Nobody gives a shit who was "native" to the land, it's about who is native to the country that was built. Land is just land, that's why America was undeveloped until Europeans showed up and same with Africa. And illegals absolutely suppress wages, that's why large corporations are in favor of it. Now go back

[Anonymous No.53873132]

>>53872657
You lie. If done properly, strategic inflation is very wealth building for (((those who issue the fiat.))) For everyone who works a regular job, it dilutes their savings. The same thing as slowly stealing their money and giving it to someone you like better as a new loan.

[Anonymous No.53873186]

>>53872864
One dude can't just magically make tons of gold appear because he owns a mine. It takes time, resources and manpower to get the gold out of the ground. The inflation would be much slower if large amounts of gold were found, it wouldn't happen over night like can happen with a fiat currency.

[Anonymous No.53873288]

>>53873186
Dimwit take.

[Anonymous No.53873321]

>>53872933
"that's a non-problem"
except it means by default you have no reason to care about the country or it's future because it won't be inherited by your descendants
idiot

[Anonymous No.53873374]

>>53872657
yes thats the same reason the great depression happened,if the amount of currency cant keep up with growth that happens (deflation spiral)

[Anonymous No.53873376]

>>53873288
Okay retard.
Fiat = press a few buttons and you have inflation.
Gold = find land that has gold on it then dig up and process between 4 and 14 tons of dirt and rock to produce 1 toz.

[Anonymous No.53873390]

>>53872657
>WE WUZ ROME

[Anonymous No.53873395]

>>53872730
did someone say rebase?

[Anonymous No.53873448]

>>53873186
See the California gold rush, see the spanish price revolution, see the Mali European tour. It did happen and didn’t kill economies because they practiced good fractional banking

Wether good or bad supply and demand is the basis of currency and markets. If you have someone holding the gold and adjusting outstanding or new debt to the bank, you can slowly ease in the new supply, artificially inflating demand to match the higher supply, and vice versa you can artificially decrease demand to match the lower supply.

[Anonymous No.53873451]

>>53873376
Deflation is not sustainable
1.5% to 2% inflation is sustainable
if the money supply cant keep up with growth everything falls apart
you always need to inject some liquidity into the economy

[Anonymous No.53873467]

Rome was built in a day be cause it wasn't real and was made up history in the middle ages

[Anonymous No.53873506]

>>53872771
What happens if a nigger is above the bottom 15%?

[Anonymous No.53873518]

>>53873467
there still romans ruins in north africa to this very day so yes it was real
but its still very misunderstood
rome collapsing was a good thing

[Anonymous No.53873636]

>>53873518
you sound jewish

[Anonymous No.53873706]

>>53873467
rome was reall
>>53873518
>>53873636
jews killed jesus, not based
but he died for their sins, based

[Anonymous No.53873772]

>>53872933
>Yeah that's a non-problem
Opinion discarded. OP confirmed for nonwhite and ignorant of history.

[Anonymous No.53873783]

>>53872880
Also, it isn't clear Rome "collapsed". The state had a major rupture that could be called a collapse, but the barbarians that supplanted the state were largely changed by that process too, so Rome could be considered a continuum of social development that sucked in the barbarians and ultimately spread more "Roman" models of urban and agricultural empire to them. The constant claims of inheriting Rome for centuries after and even up to the modern era attest to formation of a lineage, but while lineage implies death it also implies inheritance. Rome's "collapse" as framed by the OP is made into a failure, but Rome's "collapse" as a matter of lineage turns it into a successful propagation and reproduction of a model and system of meaning. Maybe nations and corporate entities aren't as capable of immortality as we'd like to think, and in terms of endings it is more meaningful to think of how Rome reproduced itself. Does anybody claim to be the inheritors of Carthage? Rarely, Carthage was largely annihilated and replaced, there is a different sense of that destruction and the "collapse" of Rome.

Either way, I definitely think OP is not well formed, but it's also a bait thread to talk about goldbuggery. Rome didn't fall because of gold, it was definitely more complicated than that.

[Anonymous No.53873844]

>>53872952
>Whites killed native Europeans
The funniest part is when we did it it, we were technically African migrants. :^)

[Anonymous No.53874036]

>>53873451
Deflation is sustainable when your entire economy is not dependent on borrowing money(aka not fake and gay). Tell me how that 2% inflation target is working out for Jerome Powell?
>>53873448
Uhh how about no factional reserve banking at all? How would a bank control the inflation from a new gold mine? The bank would have to create the inflation bubble themselves first then pull back the lending.