Gold Standard vs. Fiat Currency

Redpill me on which is better, Gold Standard or Fiat Currency

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Governments always handle everything efficiently for the benefit of everybody. Look at this helpful graph to see how well they've managed our money supply!

bitcoin

Fiat is a scam to create inflation so banks can give out shitty loans

Fiat currency is optimal. It only fails in low IQ countries like Zimbabwe and Venezuela.

The only people that benefit from fiat currency are good goys that take out loans

Labor Treasury Certificates

Everyone loves gold. We are biologically programmed to look at it lustfully

Bitcoin is already obsolete because it can't evolve.
Ethereum or Decred are the currencies of the future.
Well it will probably be XRP but fuck it

tfw you realize you're leftover mining equipment from an alien civilization that wanted to mine Earth's gold with genetically modified native slaves.

Silver standard is the best as of today.
With copper for small coins.

The concept of money is a fiction we tell ourselves to make life seem more orderly than it actually is..

fiat currency for the time being. the jews got all the gold thanks to fdr. what needs to happen is an audit of the fed. when numbers don't match then the us needs to confiscate the feds specie assets, disband the fed, imprison (((those))) responsible for mismanaging our money, and establish trumpbucks fiat currency.

BTC is dead solely because it has no quantum-safe encryption and would be hacked in the next 2 decades.

First to implement soviets (counsil) on the platform would be the leader and the NWO-currency.

the 100% gold dollar works

a "gold standard" is fiat currency, with the price fixed to gold by law. this does not work

>implying either is acceptible

That's not true, USA has plenty of gold.

The gold standard leads to another "golden age" of prosperity, where all western nations prosper--but only as long as western countries are all willing to use the gold standard.

Fiat fucks up everything.

when you realize transmutation of elements is possible you realize gold is just as useless as fiat

Correct me if I'm wrong but ethereum does not have the finite ammount of coins and therefore is good for nothing. The whole strenght of bitocin is in the fact that you can't inflate it by increasing the money supply.

Fiat currecy is not in conflict with the gold. We just have to stop the banks from working in a fractional reserve system and pair the fiat with the gold.

DO NOT LISTEN TO JEWISH SHILLS SLIDING THIS THREAD.

Fiat currencies lead to a boom in colonial America and was the reason for the war for independence, the war of 1812, and the civil war.

Lincoln utilized a fiat currency to finance the civil war. He did NOT want to abolish slavery, only preserve the union. Jewish centralist bankers wanted to fracture america to make it easier to control.

Hitler used a fiat currency to help restart the failing german economy. He made great civil works projects happen and created the most high tech and powerful army in the world.

FIAT CURRENCY PRINTED IN THE INTEREST OF THE STATE WILL LEAD TO PROSPERITY. jews will do anything in their power to keep you from realising that. Printing more money does not create inflation. Having less money in circulation combined with higher interest rates creates inflation.

We need to get off the gold standard. Take away the power of printing money from centralist bankers and restore it back to the government. We need destroy Fractional Reserve Banking. We need to destroy all privately owned central banks.

>Fiat currecy is not in conflict with the gold.
investopedia.com/terms/f/fiatmoney.asp
>Fiat money is currency that a government has declared to be legal tender, but it is not backed by a physical commodity.

>pair the fiat with the gold.
Meaning if you tie a piece of paper's value to a commodity, it stops being a fiat currency and starts being a X-backed currency. Gold standard doesn't necessarily mean you'll be exchanging literal gold coins for goods, that's rather unpractical.

By the way, bump.

This is an in depth look at fiat currencies, gold standard, and centralist banks and I highly advise you all to 'redpill' yourselves as you're so fond of saying.

youtube.com/watch?v=HBk5XV1ExoQ

...

NESARA. A basket made of gold, silver, and platinum.

Glad that there are a few non-retards left on Sup Forums.

gold standard is ridiculous in modern day, and it's as fringe as marxism to 99% of economists.
It's increasingly fringe as terminal automation occurs, and because it's not logical to base entire human civilization on a rock. Not saying printed fiat is the perfect answer, but shiny metal rocks aren't anymore either. Anyone still a goldbugger, is either 65+ or illiterate of economic theory and future trends.