The issue is prices are RISING in the first place because we don't have a gold standard.
Conservatives are unironically worse than liberals on the issue of min wage because they are supposedly constitutionalists and they say get better educated and you'll make more money.
And constitutionalists would know that "only gold and silver shall be legal tender" like it says in the constitution and identify the root of the problem which is rising prices.
Tell me more please. I have been very interested in precious metals and the gold standard lately.
Go off a gold standard and the jews at the fed and all their buddies can print fake money out of thin air and buy up all sorts of assets and goodies.
So THEY benefit from that cheap free fake money because they are touching it first. But once they use it it circulates in the economy and you have too much money chasing too few goods so prices rise.
So pretend that you own the printing press....doesnt matter if shit is expensive you can just print money for yourself and buy shit, but then everyone gets poorer as a result.
And it isn't just poor people who suffer....everyone suffers. Someone making $1,000 per day is getting poorer also....
"In the absence of a gold standard, there is no way to protect savings from confiscation through inflation - there is no safe store of value." - Alan Greenspan (1966)
And here is an example of this....60 years ago....if you made 75$ in a day that was a very good wage. Today 75$ a day puts you in abject poverty.
So if you earned 75$ in one day you could buy a lot more shit back then with 75$ than you can today. SO if you made 75$ and took that 75 bucks and put it under your pillow for 60 years it buys much less today. So what happened? Your wealth was stolen thats what happened.
There's something to say about a gold standard, and obviously Greenspan knows that.
But the whole idea of fiat you can control is in order to encourage people to invest instead of sitting on savings like scrooge mcduck.
someone please tell me how to buy gold/silver and how i can liquidate it in the future. i am retarded and have never used a search engine (serious question asked in a silly manner!)
>The issue is prices are RISING in the first place
/thread
either bring back the gold standard or simply stop printing money and let's have 0 inflation
>hurr durrrr we need to force you to spend goyim, how else will shaniqua and stacy make a living working their BS jobs
>encourage people to invest instead of sitting on savings like scrooge mcduck.
this might blow your mind but, people still lent out their gold to generate a return in the past.
gold certificates were used in a fractional reserve system much like to day to generate the investment credit.
if you save in fiat, you are FORCED to deploy savings to generate a return to at minimum beat inflation.
if you saved in gold, you could just sit and enjoy your constant purchasing power.
>muh encourage investing meme
where would you invest now? stocks? real estate? everything is about to collapse, a shitty savings account with 1% profit?
this keynesian economy/money printing scheme is nothing more than a constant PnD scheme where the rich get richer and the poor get fucked and it's made like this on purpose of course.
How is a young person supposed to save for a house? they simply can't because the government makes sure they are unable to save money peacefully (through inflation) and forcing them into rentcuckery so that mr Goldstein's pockets are fuller and fuller