0
0

[–] Tallest_Skil ago 

The value of gold fluctuates widely and would not provide the price stability necessary for a healthy economy.

TOTAL FUCKING FALSEHOOD. WEBSITE IS A FRAUD.

An ounce of gold bought a good suit in the Roman Republic. An ounce of gold bought a good suit in 1913. An ounce of gold buys a good suit today. Holy fucking shit. GOLD ENDURES BECAUSE IT DOESN’T FLUCTUATE IN VALUE AT ALL.

A well-managed fiat monetary system is the best way to keep inflation down, not returning to a gold standard.

TOTAL FUCKING FALSEHOOD. WEBSITE IS A FRAUD.

Fiat is the only reason we have inflation. Kill whoever wrote this and kill yourself for posting it.

Gold standards create periodic deflations and economic contractions which destabalize the economy.

TOTAL FUCKING FALSEHOOD. WEBSITE IS A FRAUD.

Inflation and deflation IS CAUSED BY CENTRAL BANK SPECULATION AND ALWAYS HAS BEEN. THE FUCKING FED DIRECTOR ADMITS IT.

The gold standard caused many financial panics, bank failures, and prolonged the Great Depression.

TOTAL FUCKING FALSEHOOD. WEBSITE IS A FRAUD.

THE FEDERAL RESERVE CAUSED THE GREAT DEPRESSION. THE FED DIRECTOR HIMSELF ADMITTED IT.

A gold standard would limit the ability of the Federal Reserve to help the economy out of recessions and depressions.

LIMIT THE FEDERAL RESERVE

BAD

FEDERAL RESERVE

HELP

ANYONE ANY TIME ANY REASON

KILL YOURSELF KILL YOURSELF KILL YOURSELF KILL YOURSELF.

Returning to a gold standard would limit government’s ability to address unemployment.

TOTAL FUCKING FALSEHOOD. WEBSITE IS A FRAUD.

Look at pre-Fed employment rates, for the love of fuck.

Returning to a gold standard could destabilize and crash the already fragile United States economy.

THE FEDERAL RESERVE MADE THE ECONOMY UNSTABLE. “HURR DURR IT’S HARD SO WE SHOULDN’T DO IT” IS NOT AN ARGUMENT.

A gold standard would increase the environmental and cultural harms created by gold mining.

TOTAL FUCKING FALSEHOOD. WEBSITE IS A FRAUD.

There’s not even anything to SAY about this. It’s mental illness.

Returning to a gold standard would be a large waste of time, money, and resources.

WHAT THE FUCK ARE YOU EVEN DOING, POSTING SHIT THAT IS THIS SUBHUMAN IN INTELLIGENCE?

A gold standard makes the supply of money vulnerable to the ups and downs of gold production.

NO, IT DOESN’T. GOLD ISN’T “PRODUCED.” THE SUPPLY OF CURRENCY IS SIMPLY LIMITED TO THE TOTAL AMOUNT OF GOLD ALREADY MINED. LIMITING THE SUPPLY OF CURRENCY LIMITS INFLATION AND DEVALUATION.

A gold backed currency could not expand fast enough to maintain a healthy rate of international trade and economic growth.

TOTAL FUCKING FALSEHOOD. WEBSITE IS A FRAUD.

Fuck international trade. Fuck globalism. Fuck these lies. HOW DID 13,000 YEARS OF HUMAN HISTORY MANAGE TRADE WITH A GOLD STANDARD, THEN, YOU FUCKING DIPSHIT? DID THEY JUST NOT BOTHER?

Returning to a gold standard could harm national security by restricting the country’s ability to finance national defense.

In what FUCKING capacity?! How is INCREASING THE PURCHASING POWER OF THE US DOLLAR BY 98 TIMES GOING TO HURT FUNDING?

Returning to a gold standard would be extremely difficult, if not impossible, given the scarcity of gold and the vast amount of money already in circulation...

“HURR it’s hard therefore don’t do it HURR” is not an argument.

Many prominent economists oppose returning to a gold standard.

“HURR DURR APPEAL TO AUTHORITY HURR DURR APPEAL TO FUCKING KIKES HURR DURR APPEAL TO ✡KEYNESIANS✡ HURR DURRRRRRRRRRRRRRRRRR”

Seriously kill yourself. This isn’t even worth posting on fucking TUMBLR.