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Offlineqman
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Re: Trumps Cabinet pick - Absolutely terrifying [Re: akira_akuma]
    #23934777 - 12/17/16 08:28 AM (7 years, 1 month ago)

Quote:

akira_akuma said:
Trump ran on being anti-establishment, ie, taking money out of politics. if he doesn't do that, he's a fraudulent shiteating fuck, whom might drive business; the little guy will get a leg-up above those whom go to school...you know for engineering, medicine, psychology, my friend. you know...those things that help construct the world around us.

and instead, he'll be making the big big bucks, and the little people will feel like they're being let in on a big secret because they had an infinitesimal drop in taxes- i even doubt entrepenuers are going to make any sort of 'big shout', because they won't be able to compete with big business, just the same as usual. so basically Make America Change Again, is the notion that i see in it's future. :shrug: the usual tit-for-tat. if "great" is defined by the economy faulting one person over another, then nothing's really been made different, it's just the usual shift/change of a democracy- which i keep hearing is terrible, and a representative republic is the greatest...that'd be true if only democracy wasn't directly integrated into the shit-show. take the pool, drain the pool, place the pool somewhere else, dynamics shift, people play up their ideology, next round in a few years.

the best thing Trump can do, in my estimation, is trump (oh yeah) the fiat currency, and go back to the gold standard...if at the very least, just to shut people up, when inevitably it leads to war with other nations, because, you know, they ain't American. just don't come here to Canada, we've got gold, but the UK will nuke you if you try and take any of it.




"go back to the gold standard"

It would be nice for sure, but I don't think the people in power would approve of that policy. If he tries it without their approval = :n00bslayer:.


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Offlineakira_akuma
Φύσις κρύπτεσθαι ὕψιστος φιλεῖ


Registered: 08/28/09
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Re: Trumps Cabinet pick - Absolutely terrifying [Re: qman]
    #23934808 - 12/17/16 08:52 AM (7 years, 1 month ago)

well, you'd still need to go to war with other nations, in order to supply the demand for gold, Mr. Civic Nationalist.


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Offlineqman
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Re: Trumps Cabinet pick - Absolutely terrifying [Re: akira_akuma]
    #23934972 - 12/17/16 10:14 AM (7 years, 1 month ago)

Quote:

akira_akuma said:
well, you'd still need to go to war with other nations, in order to supply the demand for gold, Mr. Civic Nationalist.




:lolwut:  Stronger demand equals higher prices, why does the law of supply and demand become such a difficult concept for people in this forum? 

BTW, the US already has over 8,000 tons of gold.


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Offlineakira_akuma
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Re: Trumps Cabinet pick - Absolutely terrifying [Re: qman]
    #23935013 - 12/17/16 10:31 AM (7 years, 1 month ago)

higher prices equals eventual crash. it's a provisional notion, at best- but i know you think it'd be just a great thing twenty-thirty years down the line. this is where the war economy comes into play. have another cold war, that'd be great. fear of nuclear annihilation also raises demand, which will also raise prises, and you can trade in weapons, maybe fund another coup again.


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Offlineqman
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Re: Trumps Cabinet pick - Absolutely terrifying [Re: akira_akuma]
    #23935135 - 12/17/16 11:19 AM (7 years, 1 month ago)

Quote:

akira_akuma said:
higher prices equals eventual crash. it's a provisional notion, at best- but i know you think it'd be just a great thing twenty-thirty years down the line. this is where the war economy comes into play. have another cold war, that'd be great. fear of nuclear annihilation also raises demand, which will also raise prises, and you can trade in weapons, maybe fund another coup again.




"higher prices equals eventual crash"

Crash of what?  Higher prices would indicate dollar devaluation, that might be a good thing.

"this is where the war economy comes into play"

No it doesn't, you don't know what you're talking about.


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Offlineakira_akuma
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Re: Trumps Cabinet pick - Absolutely terrifying [Re: qman]
    #23935196 - 12/17/16 11:55 AM (7 years, 1 month ago)

crash of the gold market, duh. if inflation can't keep up with demand, market crash. like the great depression.

Quote:

No it doesn't, you don't know what you're talking about.




no, you don't know what you're talking about.

to keep inflation from rising, a war economy is great.


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Offlineqman
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Re: Trumps Cabinet pick - Absolutely terrifying [Re: akira_akuma]
    #23935209 - 12/17/16 12:00 PM (7 years, 1 month ago)

Quote:

akira_akuma said:
crash of the gold market, duh. if inflation can't keep up with demand, market crash. like the great depression.

Quote:

No it doesn't, you don't know what you're talking about.




no, you don't know what you're talking about.

to keep inflation from rising, a war economy is great.




"crash of the gold market" 

I don't know what you're referring to here. :shrug:

"if inflation can't keep up with demand, market crash"

I don't know what you're referring to here. :shrug:

"to keep inflation from rising, a war economy is great"

I don't know what you're referring to here. :shrug:


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Offlineakira_akuma
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Re: Trumps Cabinet pick - Absolutely terrifying [Re: qman]
    #23935828 - 12/17/16 04:10 PM (7 years, 1 month ago)

ok.

if people can't afford gold, then gold will not be bought. this causes a crash. does that help you?

https://monetary-metals.com/should-the-gold-price-keep-up-with-inflation/


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InvisibleThe Blind Ass
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Registered: 08/16/16
Posts: 26,658
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Re: Trumps Cabinet pick - Absolutely terrifying [Re: akira_akuma]
    #23935840 - 12/17/16 04:14 PM (7 years, 1 month ago)

I wonder where Hussein and Gadafi's gold went? (just to name 2)


--------------------
Give me Liberty caps -or- give me Death caps


Edited by The Blind Ass (12/17/16 04:14 PM)


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Offlineakira_akuma
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Re: Trumps Cabinet pick - Absolutely terrifying [Re: The Blind Ass]
    #23935850 - 12/17/16 04:17 PM (7 years, 1 month ago)

it was for the economy. it's ok, we're economists, we know what we're doing.



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Offlinehostileuniverse
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Re: Trumps Cabinet pick - Absolutely terrifying [Re: akira_akuma]
    #23936189 - 12/17/16 06:42 PM (7 years, 1 month ago)

Quote:

akira_akuma said:
ok.

if people can't afford gold, then gold will not be bought. this causes a crash. does that help you?

https://monetary-metals.com/should-the-gold-price-keep-up-with-inflation/




The gold standard doesn't mean people have to buy gold :facepalm:


--------------------
http://www.countdowntotrump.com





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Offlineakira_akuma
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Re: Trumps Cabinet pick - Absolutely terrifying [Re: hostileuniverse]
    #23936198 - 12/17/16 06:44 PM (7 years, 1 month ago)

no, just that the monetary system is based on the sale of gold.

:facepalm: x2


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Offlinehostileuniverse
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Re: Trumps Cabinet pick - Absolutely terrifying [Re: akira_akuma]
    #23936212 - 12/17/16 06:50 PM (7 years, 1 month ago)

Quote:

akira_akuma said:
no, just that the monetary system is based on the sale of gold.

:facepalm: x2




Your assumption is flawed, it's not based on the sale of gold


--------------------
http://www.countdowntotrump.com





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Offlineqman
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Re: Trumps Cabinet pick - Absolutely terrifying [Re: hostileuniverse] * 1
    #23936224 - 12/17/16 06:55 PM (7 years, 1 month ago)

Quote:

akira_akuma said:
no, just that the monetary system is based on the sale of gold.

:facepalm: x2




No, it's based on the production of gold, which adds 2% per year of the total amount of gold that currently exists.

A gold standard brings descipline into the monetary system, it's not a perfect system but it's better for the average person more so than the current fiat money system.

https://www.bloomberg.com/news/articles/2016-10-05/a-record-152-trillion-in-global-debt-unnerves-imf-officials

Gold might have to come to the rescue to solve this little problem. :lol:


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Offlinehostileuniverse
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Re: Trumps Cabinet pick - Absolutely terrifying [Re: qman]
    #23936250 - 12/17/16 07:10 PM (7 years, 1 month ago)

Absolutely, this is why we went off the gold standard in the first place, so they didn't have to back up their currency/debt

It's truly disgusting what our leaders have done


--------------------
http://www.countdowntotrump.com





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OfflineMorel Guy
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Re: Trumps Cabinet pick - Absolutely terrifying [Re: qman]
    #23936255 - 12/17/16 07:12 PM (7 years, 1 month ago)

No gold standard is not based on production of gold but the nation holding of gold.  It would also be illegal to possess gold other than jewelry. Just as it used to be.  So no more holding pure gold privetly.


--------------------
"in sterquiliniis invenitur in stercore invenitur"

In filth it will be found in dung it will be found


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Offlinehostileuniverse
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Re: Trumps Cabinet pick - Absolutely terrifying [Re: Morel Guy]
    #23936261 - 12/17/16 07:16 PM (7 years, 1 month ago)

Quote:

Morel Guy said:
No gold standard is not based on production of gold but the nation holding of gold.  It would also be illegal to possess gold other than jewelry. Just as it used to be.  So no more holding pure gold privetly.




Only if the govt outlawed it again,

there is no reason to do that, but I'm sure a democrat would,

***just like last time


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OfflineMorel Guy
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Re: Trumps Cabinet pick - Absolutely terrifying [Re: hostileuniverse]
    #23936274 - 12/17/16 07:23 PM (7 years, 1 month ago)

They have to outlaw private possession or govt gold holdings are lower.  They must control private gold circulation.

Plus gold is highly fluid and untraceable currency for criminals.  Can be smelted into any size and smelted again any time you chose.


--------------------
"in sterquiliniis invenitur in stercore invenitur"

In filth it will be found in dung it will be found


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Offlineqman
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Re: Trumps Cabinet pick - Absolutely terrifying [Re: Morel Guy] * 1
    #23936279 - 12/17/16 07:24 PM (7 years, 1 month ago)

Quote:

Morel Guy said:
No gold standard is not based on production of gold but the nation holding of gold.  It would also be illegal to possess gold other than jewelry. Just as it used to be.  So no more holding pure gold privetly.




Yes, it is based on the nation holding the gold, but the production is key because there's no risk of the current gold being diluted with new supply.


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OfflineMorel Guy
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Re: Trumps Cabinet pick - Absolutely terrifying [Re: qman]
    #23936288 - 12/17/16 07:27 PM (7 years, 1 month ago)

Quote:

qman said:
Quote:

Morel Guy said:
No gold standard is not based on production of gold but the nation holding of gold.  It would also be illegal to possess gold other than jewelry. Just as it used to be.  So no more holding pure gold privetly.




Yes, it is based on the nation holding the gold, but the production is key because there's no risk of the current gold being diluted with new supply.





Your gonna have to explain that more.  Cause that appears to counter what your saying.


--------------------
"in sterquiliniis invenitur in stercore invenitur"

In filth it will be found in dung it will be found


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