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/biz/ - Business & Finance

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57199960 No.57199960 [Reply] [Original]

Holy shit bros I just found out we're off the gold standard
If that's the case what the hell is our dollar backed against?

>> No.57199970
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57199970

>>57199960
You're either above the age of 60 or below the age of 12. Which is it?

>> No.57199978

>>57199970
just been out of the loop

>> No.57199987

>>57199978
Since 1971?

>> No.57199989

>>57199987
Yes

>> No.57200063

>>57199960
>If that's the case what the hell is our dollar backed against?
Debt. $1 = $1 worth of debt. Debit, if you will.

>> No.57200065

greed

>> No.57200070

>backed
Lol, lmao

>> No.57200087

>>57199960
our collective will to exist

>> No.57200090

Oil and military strength retard

>> No.57200094
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57200094

>>57199960
Imagine needing to cut off 1/4 of the meme with an emoji representing the meme, do zoomers really?

>> No.57200123

Have you ever heard of an egregore?

>> No.57200128

>>57200123
Sounds like some new age morphogenetic field bullshit

>> No.57200131

>>57200128
Yup

>> No.57200142

>>57199960
Fiat currencies are backed with violence

>> No.57200166

So it's literally backed by "dude trust me"

>> No.57200173

>>57199960
>backed against?
Peoples stupidity

>> No.57200783

>>57200166
Makes you think don't it

>> No.57200974

>>57200166
Nope. More like it’s backed by “accept this as payment of get Gadaffied”.

>> No.57200976

>>57200166
It's backed by the hundreds of millions of commodities and services you can buy.

>> No.57200978

Fiat is backed by splattered brains flowing blood, sacrifice, and gurgling noises.

>> No.57200980

Money can be exchanged for goods and services

>> No.57200990

>>57199960
It's backed by the threat of force

>> No.57201144
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57201144

>>57199960
that's a damn lot of feed and seed

op is on to something

>> No.57201250

>>57199960
>what the hell is our dollar backed against
Talmudic blood magic

>> No.57201258

>>57199960
pretty sure Trump is getting us back on the gold standard

>> No.57201259

>>57200976
So just like bitcoin

>> No.57201318
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57201318

>>57199960

Debt.

>> No.57201367

>>57201318
>webm
And what do you suggest, we just let the monkeys run the zoo?

>> No.57201551
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57201551

>>57201367

I suggest we dismantle the zoo and let Darwinism take its course.

>> No.57201880

>>57199960
>backed
It's backed by every American infant/toddler/child/teen/adult/grandparent/crypt keeper owing more that $100,000 EACH, YoY, for the rest of their miserable lives.
>sauce: debtclock.org

>> No.57201895

>>57201318
Whats happening here?

>> No.57202807

>>57201895
Friendly neighborhood volunteers placing their friends mail-in ballots in the mailbox for them.

>> No.57203344

>>57199960
violence

>> No.57203380

G-d willing, Shekels one day soon

>> No.57203757

>>57201895
remember how trump was ahead by a large margin in michigan then the mail ballots that were all for brandon showed up?

>> No.57203762

>>57199960
If people believe that the dollar is worth something, then it is worth something. Gold standard not needed.

>> No.57204097

>>57199960
backed by bombing the shitdick out of your shithole if you disagree

>> No.57204148

>>57200090
I'd like to refund my dollar notes for 2 soldiers and a gallon of oil please

>> No.57204155
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57204155

>>57203762
I'd like to refund my dollar for two decigrams of belief please.