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Old April 23rd, 2014 #53
Sam Emerson
Diversity = White Genocide
 
Join Date: Dec 2013
Location: Doom Fort II
Posts: 2,800
Sam Emerson
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Quote:
Originally Posted by Joe_Smith View Post
The science of inflation is a lot more complicated than being just about the gold standard. You don't seem to consider other aspects like America's usury crisis/debt, monopolization of commodities, and crumbling infrastructure. A gold standard won't make food cheaper, for example. Nor will it control inflation, since debt-induced inflation (the root of the dollar's inflation) would be the same or worse under any currency. Gold-backed currencies in the 20's and 30's didn't save France, America, Germany, or England from inflation or economic collapse.
In the 20s they were all inflating paper money using central bank tricks. Fiat money was already established when the disasters you blame on gold took place.

Quote:
Originally Posted by Joe_Smith View Post
The economic combination of the American system is planned to make Jews as rich as possible, rather than serve the nation. It's socialism for the rich, and capitalism for everyone else.
That's a different problem. One that a fiat money standard hasn't solved, I mention in passing.

Quote:
Originally Posted by Joe_Smith View Post
Without certain safety nets in place like price controls to put a cap on inflation, spending and borrowing responsibly, or allowing interest rates to rise, you're going to have runaway inflation. And even then, not everything is more expensive than before. You can today buy a computer 1000 times more powerful for 1/100th of the price of a house sized computer in 1980.
Price controls.

Double facepalm.

Is there any discredited crackpot economic theory you don't believe?

Quote:
Originally Posted by Joe_Smith View Post
If it was that simple, the US government wouldn't be trillions in debt.
Fiat money is the method they used to get trillions in debt.

Under a commodity standard they would have been cut off in 1941 at the latest.