What happened to all of the doom and gloom economic threads?

[TexasWife25]

It worked until 1913, and since the Fed has failed.

"It worked until 1913" is debatable. Also its not 1913 anymore.

 

[Adre]

Since going off the gold standard, the US has achieved the highest standard of living in the world and is the preeminent power in the world. I would like similar evidence of the effectiveness of the gold standard. Speak up, goldbugs.

 

[Wrong Element]

It worked until 1913, and since the Fed has failed.

If you call recessions/depressions/"panics" about as serious as the one we just had occurring about twice a decade, every decade, "working," then I guess it did work, yes.

 

[yevkassem72]

Revolution is coming and then we can worry about monetary policy. Not before.

 

[bra_man69]

If you call recessions/depressions/"panics" about as serious as the one we just had occurring about twice a decade, every decade, "working," then I guess it did work, yes.

Boom and bust cycle
Intel the economy hits bottom on it's own no amount of government intervention well work.

 

[unregistered]

 

[RobDownSouth]

It worked until 1913, and since the Fed has failed.

^^^Willful ignorance of history. Weapons-grade denial.

 

[TexasWife25]

Yeah sure.

So you're just going to toss out the gold standard and not try to prove why all the leading economists are wrong about the why it failed in the 1st place?

 

[unregistered]

 

[Sean Renaud]

It only fails dear when your priority is inflating the currency to spend money you cannot politically achieve by raising taxes.

No. It fails because it's built of fail. It's a bad idea from a begone era and there is no rason at all to start heading in that direction and nobody with an education beyond 8th grade supports it.

 

[TexasWife25]

It only fails dear when your priority is inflating the currency to spend money you cannot politically achieve by raising taxes.

Greece is a perfect example of whats wrong with the gold standard. Their hands are tied, so to speak, they cant adjust for inflation, as of right now they cant print more money, it cant devalue because its trapped with the euro.

The gold standard doesn't work on a global scale, when dealing with the amounts of supply/demand we have today.

 

[RobDownSouth]

It only fails dear when your priority is inflating the currency to spend money you cannot politically achieve by raising taxes.

Honest to God, you seem to be getting more ignorant with every post. You eating lead paint chips again?

You honestly have zero clue as to how monetary policy works.

 

[Adre]

Honest to God, you seem to be getting more ignorant with every post. You eating lead paint chips again?

You honestly have zero clue as to how monetary policy works.

Most goldbugs don't. They entertain themselves with jokes about Helicopter Ben and get erect reading about Austrian economics.

 

[yevkassem72]

Neither an Austrian nor a Keynesian be.

 

[bra_man69]

Honest to God, you seem to be getting more ignorant with every post. You eating lead paint chips again?

You honestly have zero clue as to how monetary policy works.

Please tell vet how monetary policy works

Fuck I don't have popcorn but do have cold beer in my hotel room.

 

[NeverEndingMe]

"It worked until 1913" is debatable. Also its not 1913 anymore.

that's so funny, as you a union lover from 1913

 

[bra_man69]

Robdownsouth come on tell vet about monetary policy
I'm waiting

 

[NeverEndingMe]

things to get the economy moving again.

1. fire 50% of government workers
2. end welfare
3. cash out the government pension system and give the money BACK to the proper owners aka the TAX PAYER
4. kill obama care
5. end obama wars
6. legalize pot and tax the hell out of it

 

[unregistered]

 

[NeverEndingMe]

Greece is a perfect example of whats wrong with the gold standard. Their hands are tied, so to speak, they cant adjust for inflation, as of right now they cant print more money, it cant devalue because its trapped with the euro.

The gold standard doesn't work on a global scale, when dealing with the amounts of supply/demand we have today.

wow, you sound just as dumb as Roy and SeanH/R

 

[bra_man69]

They aren't on the gold standard dear, they're on the fucking Euro, another fiat currency.

Vet please understand this about the fat lazy fuck you just quoted
she thinks democracy is the type of government we have in America.
How do you think she going to know anything about Greece that's like robdownsouth knowing
monetary policy.

 

[NeverEndingMe]

Vet please understand this about the fat lazy fuck you just quoted
she thinks democracy is the type of government we have in America.
How do you think she going to know anything about Greece that's like robdownsouth knowing
monetary policy.

she also feels that welfare is a career path
that college should be free

 

[unregistered]

 

[Sean Renaud]

Socialists hate the idea of fiscal discipline, it means they aren't free to bankrupt the world like they're doing today.

All that's needed to put a stop to the debauching of our Dollar is a simple law establishing the Dollar's value as X fraction of an ounce of gold, no matter how small that is, and the government could not print new money without an equivalent increment of gold to back it up. Putting a stop to the purposeful inflation of the Dollar; that "monetary system" that international bankers use to create new currency without work, that they can then leverage, loan out, and earn new interest. All at the expense of our buying power.

I assume you intend to put an end to loans and credit?

 

[NeverEndingMe]

Socialists hate the idea of fiscal discipline, it means they aren't free to bankrupt the world like they're doing today.

All that's needed to put a stop to the debauching of our Dollar is a simple law establishing the Dollar's value as X fraction of an ounce of gold, no matter how small that is, and the government could not print new money without an equivalent increment of gold to back it up. Putting a stop to the purposeful inflation of the Dollar; that "monetary system" that international bankers use to create new currency without work, that they can then leverage, loan out, and earn new interest. All at the expense of our buying power.

it would be unfair and racist if obama had to stop his endless entitlement programs after all, free money, college, home, well they are all right!