/sci/ - Science & Math

[m1ckey !dkJI/P7Y32 No.2813916]

hurr durr the Fed is PRINTING MONEY and expanding the monetary base so much that Zimbabwe-style inflation will occur (disregarding any open market operations that the Fed undertakes). This is obviously caused by the USD being a fiat currency and we need to return to the gold standard, gold being in no way susceptible to any factors leading to fluctuations in market demand and supply thus no volatility is associated with a gold standard. Just look at what happened in the past two centuries or so.

Raeg brought to you by Goldline and mises.org
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[Anonymous No.2813937]

What if Fed decides to print gold then?

[m1ckey !dkJI/P7Y32 No.2813949]

>>2813937
Glenn Beck's entire portfolio will go down the crapper.

[m1ckey !dkJI/P7Y32 No.2813992]

derp

[Anonymous No.2814023]

>>2813916
the US is engaging in socialism via money debasement. if that was the original intent isn't known, but that's what the result has become

it works like this-
1) everybody gets taxed, and everybody holding dollars loses wealth when new money (debt) is created
2) the government can hand out tax relief and government funding to anyone they think is worthy of it

this has been disastrous in that it has already driven much industry out of the US entirely, but they still think they can out-smart everything.....

in the last few years the USgov have also tightened laws about buying gold and silver bullion, placed restrictions on small investors sending money offshore, and menaced foreign banks to violate their own privacy laws on US account holders. Additionally, the Fed Reserve has dropped the requirement that banks give out cash on demand. did you notice?

during the first great depression, the government had a problem in that much of the economy went undergorund, where they could not track or even attempt to manage it. The laws they are changing now are all aimed at reducing the availability of cash and gold/silver money, to prevent black market activity as much as possible.

the US is preparing for its own bankruptcy. i don't know when it will happen, but theres no other good explanation.

[Anomynous No.2814031]

>>2814023
>assuming malice when incompetence more likely

[Anonymous No.2814033]

>>2814023
Quiet you! According to NBC, they're just trying to shut down the FINANCIAL TERRORISTS!

[Anonymous No.2814038]

>>2814031
otherfag here

Once is happenstance, twice is coincidence, three times is full scale enemy activity.

[m1ckey !dkJI/P7Y32 No.2814044]

>>2814023
>this has been disastrous in that it has already driven much industry out of the US entirely, but they still think they can out-smart everything.....

Yeah, the tertiary sector in the US is just that insignificant. You don't even take into account other factors like the average wages, regulations, etc. that affect shifts in manufacturing to other countries.

>1) everybody gets taxed, and everybody holding dollars loses wealth when new money (debt) is created

what. You'll have to elaborate.

>2) the government can hand out tax relief and government funding to anyone they think is worthy of it

Yeah, like public works, grants and non-profits. So?

>in the last few years the USgov have also tightened laws about buying gold and silver bullion, placed restrictions on small investors sending money offshore, and menaced foreign banks to violate their own privacy laws on US account holders. Additionally, the Fed Reserve has dropped the requirement that banks give out cash on demand. did you notice?
during the first great depression, the government had a problem in that much of the economy went undergorund, where they could not track or even attempt to manage it. The laws they are changing now are all aimed at reducing the availability of cash and gold/silver money, to prevent black market activity as much as possible.
the US is preparing for its own bankruptcy. i don't know when it will happen, but theres no other good explanation.

No evidence given and actions taken were the right thing to do. Sorry you don't like paying tax.

[Anonymous No.2814055]

>>2814044

Thanks. The world needs more people like you.

[Anonymous No.2814129]

But but, taxes are EVIL and THEFT!


But seriously, this Mises guy is pretty funny. I only watch his videos because he rails on Mugabe.

[Anonymous No.2814167]

>>2813916
Implying fluctuation of currency is a bad thing.

Implying that the gold standard can easily inflate currency.

Implying that the contraction of \currency at this time is a good idea.

Implying the Fed doesn't take into consideration of the inflation of currency.

My face when people don't understand economic facepalm.jpg

[Anonymous No.2814176]

>>2814167
Ideology > reality.

[Anonymous No.2814225]

>>2814176
Ideology is Ignorance

[Anonymous No.2814229]

>Goldline

[m1ckey !dkJI/P7Y32 No.2815338]

>>2814055
Aw, shucks.

[m1ckey !dkJI/P7Y32 No.2815351]

>>2814167
Large short-term fluctuations? No, not a good thing.

>Implying that the gold standard can easily inflate currency.

>Implying that the contraction of \currency at this time is a good idea.

>Implying the Fed doesn't take into consideration of the inflation of currency.

Sigh. That's not what I implied. Learn to into reading comprehension.

[Anonymous No.2815388]

Assume desired conclusion
Cite as proof
????
PROFIT