Recognition of the ratio of physical:paper gold and silver; recognition of the ratio of M0:M3 dollars; mass exodus from fiat currencies.
Pleb-tier stacker here
Juan Ramirez
Gabriel Reyes
so, what would that catalyst be? I'm betting it'll be the banks letting all these mega corporations calling in their debt. Just look at GE. If they go insolvent, which they are, then that's a quarter million jobs for the parent company alone. Can you imagine if Amazon was caught cooking their books? Total chaos. DoomPaul.exe
Jeremiah Myers
In a sense, all business are cooking their books because of the philosophy behind their scalar solvency. Balance-sheet accounting defines their equity as the difference between the sum of their assets and the sum of their obligations - if this number is positive, then they are not broke. The other name for this, which modern banks viciously engage in, is maturity-mismatching.
Whereas cashflow accounting, which AFAIK no corporation uses, computes its solvency temporally, summing its receipts and outlays as curves in the time domain. In this way, a business can determine its solvency at a particular moment in time.
In the case of banks especially, maturity-mismatching is protected by the state issuance of loan guarantees and, with fiat currency, such loans can be written ad nauseam. In effect, modern banks are a part of the government - a part that any individual can purchase the equity thereof.
The maturity-mismatching inevitably fails and this failure then cascades through the chain of loans. This is the general form answer to the 2008 crisis, it was equally true for the Bank of the Medici and the Bank of Barcelona, it will equally be true for the coming crisis.
Luke Long
would it even be a fair trade off?
can you imagine boomer stackers suddenly became the 1% overnight?
I just can't wait to see all these retarded jew celebrities, sportsball americans and rappers get their (((net worth))) obliterated.
Levi Phillips
What do you mean by a fair trade-off?
Robert Fisher
>6699
nice
I just want my PMs to buy me a house and shit.
If the president can just write off debt via executive order, then does any of this really matter?
Owen Brown
So, if you're a coin shop, and people came rushing in to buy your inventory, but you damn well knew it was worthless paper with no purchasing power, would you just pack that shit and leave?
Elijah Reed
Yes, because writing off such debts would destroy faith in the entire system. The veil would be lifted and people would recognise that dollars were equivalent to sideshow tokens or loyalty reward points.
Yes, as would the warehousemen of various bullion vaults and banks. I've often questioned whether a nation would consider marching on Switzerland in such a scenario.
Nathan Perez
They would need to go back to a metals backed currency regardless of russia or not
They will attempt to genocide us regardless.
(((Elites))) will win no matter what they have a shit ton of metals for a reason and own a bunch of mining companies as well.
All we can do is ride the moon mission with them by stacking metals ourselves
Im not even convinced russia or putin is fully separated from (((them))), putin works with china.
Samuel Cooper
Woops forgot my trip again for that above post i made in response toI’m the one that made that post. Unironically silver is more important than gold (and will eventually dethrone gold per oz in in price) because of the reasons listed in pic related. Most electrically and thermally conductive element on the planet, therefore most important because you cannot have properly advanced technology without using the best resource in said advanced tech