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The Ecstatic
Chilldog Extraordinaire


Registered: 11/11/09
Posts: 33,369
Loc: 'Merica
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Yeah based on 32 posts I think we can all surmise you're a unique snowflake.
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Takethatdarwin
Stranger

Registered: 12/19/16
Posts: 95
Loc: Shill, U.K.
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It's simple
Did the wealthiest top percent exponentially rake in more profits than ever in American history and are now hoarding more wealth fr the public than ever
Did the average Americans wages grow after removal of the gold standard?
Did the average American significantly lose purchasing power after the removal of the gold standard.
Since all those things did indeed occur then it's clear the gold standard was keeping some powerful people in check from hoarding over half the nations wealth
-------------------- Making sure these bored retired hobbyists stay busy during the holidays. Looking through some of them it looks like they Waste so much time and effort on these mediums they should be compensated salaries. Everyone could use some holiday double time ;p
Edited by Takethatdarwin (12/20/16 09:42 AM)
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The Ecstatic
Chilldog Extraordinaire


Registered: 11/11/09
Posts: 33,369
Loc: 'Merica
Last seen: 2 hours, 5 seconds
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American buying power was been decreasing since we went to war with the Nazis.
Therefore, its time for a Fourth Reich.
If you cant handle me at my corrolation, you dont deserve me at my causation.
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Takethatdarwin
Stranger

Registered: 12/19/16
Posts: 95
Loc: Shill, U.K.
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It's clear that the wealth hoarding at its current historic levels were nowhere near possible during a gold standard era
-------------------- Making sure these bored retired hobbyists stay busy during the holidays. Looking through some of them it looks like they Waste so much time and effort on these mediums they should be compensated salaries. Everyone could use some holiday double time ;p
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akira_akuma
Φύσις κρύπτεσθαι ὕψιστος φιλεῖ


Registered: 08/28/09
Posts: 82,455
Loc: Onypeirophóros
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population has grown from 218.04 million to 323.64 million since 1976 in the US.
this leads me to believe that most people wouldn't be able afford the gold standard, unless they were privy to market motivations outside of the country, and/or there was a progressive tax.
but we'll see about it all, i mean, who gives a fuck.
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Takethatdarwin
Stranger

Registered: 12/19/16
Posts: 95
Loc: Shill, U.K.
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Quote:
akira_akuma said: population has grown from 218.04 million to 323.64 million since 1976 in the US.
this leads me to believe that most people wouldn't be able afford the gold standard, unless they were privy to market motivations outside of the country, and/or there was a progressive tax.
but we'll see about it all, i mean, who gives a fuck.
Who cares oh maybe 200 plus millions American with stagnant wages and diminishing purchasing power!?!? We all can't be fortunate enough to be retired hobbyist on forums all day... jeeze
-------------------- Making sure these bored retired hobbyists stay busy during the holidays. Looking through some of them it looks like they Waste so much time and effort on these mediums they should be compensated salaries. Everyone could use some holiday double time ;p
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akira_akuma
Φύσις κρύπτεσθαι ὕψιστος φιλεῖ


Registered: 08/28/09
Posts: 82,455
Loc: Onypeirophóros
Last seen: 4 years, 1 month
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i'm for a gold standard but only for one reason: to see if it'll temporarily work for people- but i hold no illusions. it won't work forever, and it never did. 
and then again, there are people whom not only propose a return to the gold standard, and that it's a good thing to keep as the bedrock to a financial system ie forever eg never changed, but they also presume a bunch of other gobbeltygook that i seriously don't think they can help but feel the need to rationalize over, for themselves to feel better about their shitty lives.
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Takethatdarwin
Stranger

Registered: 12/19/16
Posts: 95
Loc: Shill, U.K.
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You are completely missing the point at hand.
The gold standard held money creators accountable as they couldn't just create gold out of thin air like the Feseral reserve does now. A backed currrnfy ensures that the wealthy cannot hoard it all. To maintain that wealth they needed to introduce back into the economy.
We don't need a "gold" standard. Bht it's clear with the current hoarding of wealth. Which if im correct hoarding is psychological disorder, hoarding half the world cats and garbage and or money are equivalents on the psychological realm.
Having a standard backed currency ensures that these hoarders cannot hoard to the where they are and it ensures the lower classes get a more fair share of a nations wealth
-------------------- Making sure these bored retired hobbyists stay busy during the holidays. Looking through some of them it looks like they Waste so much time and effort on these mediums they should be compensated salaries. Everyone could use some holiday double time ;p
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akira_akuma
Φύσις κρύπτεσθαι ὕψιστος φιλεῖ


Registered: 08/28/09
Posts: 82,455
Loc: Onypeirophóros
Last seen: 4 years, 1 month
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no, you are completely and utterly missing the point.
Quote:
The gold standard held money creators accountable
temporarily.
Quote:
as they couldn't just create gold out of thin air like the Feseral reserve does now. A backed currrnfy ensures that the wealthy cannot hoard it all. To maintain that wealth they needed to introduce back into the economy.
and what happens when gold goes up?
i know the GS helps make it more equitable for the little guy to make money...but only temporarily. if inflation increases to a certain point, then people will really wish they paid more attention to Venezuela. people will rely on those with monetary knowledge to keep inflation low, hence, eventually more rich people will hoard yet again, and the cycle continues.
Quote:
We don't need a "gold" standard. Bht it's clear with the current hoarding of wealth. Which if im correct hoarding is psychological disorder, hoarding half the world cats and garbage and or money are equivalents on the psychological realm.
i don't even know how to respond to this right now, i'm tired.
Quote:
Having a standard backed currency ensures that these hoarders cannot hoard to the where they are and it ensures the lower classes get a more fair share of a nations wealth
yes, i know, it's basically wealth distribution- you know, that thing so many people here say is so commie and evil...and now with a gold standard it's not...nevertheless, it's a temporary band-aid solution.
cutting all institutions funded by taxpayers, reforming the tax code so that the rich have to pay their fair share of a progressive tax until the economy becomes more equitable for small businesses, which by then, you can switch a flat tax -- and all this can be done in a fiat system for cheaper by the by....only if people are willing to admit that currency is exactly that...what is current.
but that won't happen unless people change the way they do government, instead of just focusing on mopping up the economy with suds and hoping it stays clean forever now, just cause.
Edited by akira_akuma (12/20/16 02:42 PM)
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Takethatdarwin
Stranger

Registered: 12/19/16
Posts: 95
Loc: Shill, U.K.
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My last post said forget gold itself!
Clearly the people hoarding half of Americas wealth in the fewest amount of hands as ever in history do tell us something is greatly imbalanced
Insert any physical object here, can be used asa backing of currencies. They keep the wealthy from over hoarding and keep the wealth distribution way higher
-------------------- Making sure these bored retired hobbyists stay busy during the holidays. Looking through some of them it looks like they Waste so much time and effort on these mediums they should be compensated salaries. Everyone could use some holiday double time ;p
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akira_akuma
Φύσις κρύπτεσθαι ὕψιστος φιλεῖ


Registered: 08/28/09
Posts: 82,455
Loc: Onypeirophóros
Last seen: 4 years, 1 month
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yeah, you just made a great argument for a fiat system... 
like i said temporary gold standard to a: make people fweel better and b: to start on the means to producing more business that can help topple the lacking governmental conditions and demands for your equity.
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The Ecstatic
Chilldog Extraordinaire


Registered: 11/11/09
Posts: 33,369
Loc: 'Merica
Last seen: 2 hours, 5 seconds
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Quote:
Takethatdarwin said: It's clear that the wealth hoarding at its current historic levels were nowhere near possible during a gold standard era
....for reasons beyond the existence of the gold standard.
Like global commerce. We're lucky the dollar hasnt plummeted further than it has.
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Morel Guy
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Registered: 01/23/13
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How about a platinum standard, diamond standard or wheat standard? How about a cannabis standard or stinkiest cooter standard.
Republicans and their desire to have their glory days back. It's peaking for them with Trump. Sadly it was probably bush jr. Trump is going to dissapoint everyone.
-------------------- "in sterquiliniis invenitur in stercore invenitur" In filth it will be found in dung it will be found
Edited by Morel Guy (12/20/16 03:10 PM)
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The Ecstatic
Chilldog Extraordinaire


Registered: 11/11/09
Posts: 33,369
Loc: 'Merica
Last seen: 2 hours, 5 seconds
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Re: The Gold Standard [Re: Morel Guy] 1
#23943748 - 12/20/16 03:14 PM (7 years, 1 month ago) |
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Lets just burn half the dollars in the world and then our currency will double its value!
I'm really smart on these matters, I read half of an Ayn Rand book once.
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Falcon91Wolvrn03
Stranger



Registered: 03/16/05
Posts: 32,557
Loc: California, US
Last seen: 4 months, 22 days
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Quote:
Takethatdarwin said: Look at the wealth distribution since America has removed the gold standard and how has that been for the average American?
Income inequality went down after FDR took the US off the gold standard in 1933 and it kept going down until 1980:

Quote:
Takethatdarwin said: Has the average Americans purchasing power increased significantly or decreased significantly since the removal of the gold standard?
Purchasing power has gone down as a result of inflation, but wages have gone up more than purchasing power has gone down. In fact, real wages for the bottom 90% have been going up until 1980:

Quote:
Takethatdarwin said: Have the top one percent exponentionally increased their wealth since this has been removed?
Everyone's wealth went up after the gold standard was removed, but the rich's wealth started going up exponentially after 1980 as shown above.
Quote:
Takethatdarwin said: It's simple
Did the wealthiest top percent exponentially rake in more profits than ever in American history and are now hoarding more wealth fr the public than ever? NO
Did the average Americans wages grow after removal of the gold standard? YES
Did the average American significantly lose purchasing power after the removal of the gold standard. See above
it's clear the gold standard was keeping some powerful people in check from hoarding over half the nations wealth
No, the rich hey had most of the wealth until FDR, and they didn't get it back until 1980, as evidenced by the charts above.
-------------------- I am in a minority on the shroomery, as I frequently defend the opposing side when they have a point about something or when my side make believes something about them. I also attack my side if I think they're wrong. People here get very confused by that and think it means I prefer the other side.
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Takethatdarwin
Stranger

Registered: 12/19/16
Posts: 95
Loc: Shill, U.K.
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And my claim was the removal of the gold standard created the necessary conditions which later lead to the wealth hoarding and record amounts of wealth that if money was backed and limited then they would be forced to spend the wealth in order to maintain it
-------------------- Making sure these bored retired hobbyists stay busy during the holidays. Looking through some of them it looks like they Waste so much time and effort on these mediums they should be compensated salaries. Everyone could use some holiday double time ;p
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Falcon91Wolvrn03
Stranger



Registered: 03/16/05
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What "conditions"?
The evidence proves your claim absolute nonsense.
The empirical evidence also makes it extraordinarily clear that the 'conditions for wealth hoarding' came about in 1980.
-------------------- I am in a minority on the shroomery, as I frequently defend the opposing side when they have a point about something or when my side make believes something about them. I also attack my side if I think they're wrong. People here get very confused by that and think it means I prefer the other side.
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hostileuniverse
Stranger



Registered: 05/14/15
Posts: 8,602
Loc: 'Merica
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Quote:
Falcon91Wolvrn03 said: What "conditions"?
The evidence proves your claim absolute nonsense.
The empirical evidence also makes it extraordinarily clear that the 'conditions for wealth hoarding' came about in 1980.
With the influx of a massive illegal workforce,
Tomato, tomahto
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ballsalsa
Universally Loathed and Reviled



Registered: 03/11/15
Posts: 20,875
Loc: Foreign Lands
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Re: The Gold Standard [Re: ballsalsa] 4
#23947849 - 12/22/16 12:54 AM (7 years, 1 month ago) |
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Quote:
ballsalsa said:

finalexplosion Banned: 12/17/16 04:31 PM Expires: Never Reason: Unapproved Puppet
Takethatdarwin Registered On 12/19/16 07:43 AM
Quote:
Takethatdarwin Banned: 12/21/16 10:37 PM Expires: 12/22/16 10:37 PM Reason: Unapproved Puppet
called it.
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Like cannabis topics? Read my cannabis blog here
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hostileuniverse
Stranger



Registered: 05/14/15
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Loc: 'Merica
Last seen: 6 years, 7 months
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Re: The Gold Standard [Re: ballsalsa]
#23947861 - 12/22/16 01:11 AM (7 years, 1 month ago) |
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"Unapproved Puppet"?
Does that mean that the shroomery allows "Approved Puppets"?
I have a feeling I know who they are, right Enlil?
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