So, Sup Forums, let's assume you suddenly become the main treasurer for your nation, and are tasked with stabilizing and strengthening the economy. Main problem is, however, that your currency is worth exactly as much as a promise made by a Jew, so essentially nothing.
Reinstating a gold standard would be highly impractical. What would be another commodity that can be used to back your national currency?
A currency based on commodities, which is what China is gunning for.
But here's the thing: America is in such a huge trade deficit, that we have essentially been 'floating' our cash overseas since after ww2.
If certain markets were to drop the dollar in favor of another international currency, those floating bills will have to either be payed back or defaulted.
And this is important, you greasy sausage-eating sea-jew, we won't let that happen. We have 12 goddamned carrier strike fleets patrolling the world. Its not there for democracy, or stability. Its to defend our precious dollar that is worth exactly what we say it is. Think you're smart enough to start your own little currency and back it on a commodities trade that cuts out our jews, like, lets say petroldollars? Well, look at there, you fuckers have WMDs! Now you and your family die, and we continue eating cheeseburgers.
Adam Bennett
A currency backed by labor.
Thomas Price
The us dollar. After that id sell my country to the highest bidder
Ian Brown
My brother has enough bottle caps in the attic to fill two 50gal drums, and they're old rare high quality bottle caps.
I like this idea.
Josiah Roberts
>tfw gold mines
Use prisoners till automation is possible to dig up the gold to reinstate the gold standard.
Matthew Allen
That's not the only reason. Resetting the price of gold in that case was basically a 2:1 currency devaluation combined with a gold confiscation scam (which no rational person complied with) while also selling out the country in yet another fashion, as if we hadn't been sold out enough already.
>our first cripple president
Lincoln Peterson
Australia used Rum back when we were a tiny colony. A still was essentially a money-press.
Zachary Ortiz
Crypto currency?
Sebastian Collins
No need for currency when you can trade.
Adam Edwards
blow it on weed and goon
hire a jew to make it look like I didn't blow it on weed and goon
David Russell
Uh, I wouldn't. That's retarded, and you're retarded. I'd keep the fiat currency, and since I'm the treasurer I have no power over the economy.
Ryder Williams
>Reinstating a gold standard would be highly impractical. What would be another commodity that can be used to back your national currency?
SmaLL countries should just use gold, large countries like US/UK/China should use their fiat currencies as they do today.
Russia should go to a full gold standard, because the US is counterfeiting their currency as in wartime, to destroy the Russian economy, and it's working.
Hunter Kelly
We have plenty of humans to trade I suppose.
Camden Diaz
Estonia already did this in the nineties: estonian crown was backed with our forests (timber)
Charles Taylor
>print loads of shit money >hyperinflation, pay back debt >be debt free, abort the currency >new currency at the silver standart >some coins got silver in it >break the big banks >???? >profit