The only store of value that matters
The only store of value that matters
Dominic Sanders
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Daniel Perez
>losing value every year
>backed by nothing
.
Adrian Davis
Yep. Because all commodities in the world are priced in USD, it all must be sold and purchased with USD, USD is effectively backed by every commodity in the entire world.
Also every central bank in the world is reliant on treasury bonds to prop up their own worthless soft currencies, so every government in the world is vested in the value of USD.
Christian Fisher
its the ultimate shitcoin, but we would all like to have enough internet tokens to convert into it so that we never have to wageslave ever again
Isaac Edwards
Backed by the most powerful government this world has ever seen.
Caleb Parker
>98% of value lost over the last 100 years
Jayden Carter
What does that even mean? Absolutely nothing. Governments are nothing but a collection of people who think they are better then the plebs who elected them.
Have a currency backed by gold or silver makes much more sense.
Alexander Collins
>fiat
>store of value
pick one
Jack Jones
Yes, backing your currency with gold is great, this way your foreign economic rivals can sell you toxic dog food and plastic trash, receive your currency as payment and instantly redeem it for gold from your country's vaults. That system would be sustainable forever.
Jackson Baker
ftfy
Leo Mitchell
Being this stupid should be physically painful
Dylan Lee
nothing personnel, kid
Brayden Watson
Not really, but definitely a better store of value than crypto trash. Anyone who would voluntarily trade USD for BTC, let alone some alt piece of shit, in 2018 is a top tier brainlet.
Cooper Price
>Governments are nothing but a collection of people
That is the dumbest thing I have read all day. You should be proud.
Jeremiah Campbell
Losing against EUR since 2002
Julian Green
isnt the idea of paper money, a note that is backed by gold?
Easton Price
That hasn't been the case since the 70s.
Blake Price
You're a retard if you think that the federal reserve does anything but fuck over the American people.
Tyler Flores
>"Have a currency backed by gold or silver makes much more sense."
>he fought about the Gold Confiscation of 1933
>having your currency backed on the very thing that has 100% complete control by the "government" you claim to be against
Isaac Nguyen
>forgot***
Ayden Ortiz
You are also a retard.
Ryan Edwards
>the dollar is Backed by the most powerful government this world has ever seen.
Henry Phillips
No, I'm not stupid like you. If you think a gold or silver backed currency is good, then you have been taught a false solution. The very fact that our currency WAS gold-backed in the past is the VERY REASON why we have Federal Reserve notes today. Did you know that?
Evan Ortiz
Maybe it should be, but clearly it's not, or it wouldn't lose 5-10% value each year. Looks like they dropped the ball, you should probably kick them out.
Christian Smith
They lose value because American debt keeps piling up. If only Americans would stop spending so much buying shit they can't afford.
Carter Thompson
The reason we have a federal reserve is because a bunch of rich ass bankers wanted to continue to make money, so instead of fighting each other, they came together to create the federal reserve to loan money to the United States, to then make interest off of as the whole population uses your falsely backed currency, which you can print out of thin fucking air. You probably drink tap water and watch CNN.
Jayden Ward
This madness did NOT start in 1913 with the Federal Reserve, as you so claim. Did you know that the PRIME reason for the Revolutionary War was the international bankers? Benjamin Franklin says so in his own autobiography.
This country has been in battle with the bankers since before its conception. Sometimes they had control, sometimes they didn't. Today, they do again, and with a vengeance. And your SHITTY gold-backed currency helped them get back in power again.
Aiden Allen
And if "the most powerful government this world has ever seen" can't or won't even do anything about that, it's clearly not the most powerful government this world has ever seen.