View Single Post
Old April 19th, 2014 #46
Joe_Smith
Senior Member
 
Joe_Smith's Avatar
 
Join Date: Aug 2012
Posts: 3,778
Joe_Smith
Default

Joe's Theory Of Political Value: Never Trust Someone Whose First Name Is Murray or last name is Friedman.

Fiat currency in and of itself is a sound theory, when it is backed by labor/national production. The issues stem from Jews and Jewish bankers snatching control of it, as well as the globalized capitalist economic system of America which produces very little in terms of tangible products and has trade deficits with everyone.

A gold or commodity backed currency puts most Western nations at a disadvantage and is incompatible with nationalism. Global economic inter-dependence (which a precious commodity backed currency always leads to) means you have to give a shit what the African National Congress and the Saudi Royal Family think.

The fact that "natural market contractions and corrections" are given little more than a footnote is also really dishonest. Last time there was a "market contraction" with (at the time) gold-backed currencies like the Pound Sterling, French Franc, US dollar, or the [Weimar] Reichsmark, there came a little "contraction" called The Great Depression which almost led to the Bolshevization of Europe and intense suffering of our people. Executive Order 6102 was not necessarily much of a conspiracy as some Alex Jones types assert. Instead, it was simple logic: one person hoarding all the gold can de-stabilize an entire economy or hinder its recovery under a gold-standard.

The fact that supposed white nationalists are following the failed ethnically self-interested theories (they were the only winners with the Gold standard) of yids like Von Mises, Murray Rothbard, Ricardo, and Milton Friedman makes about as much sense as a White Nationalist taking tips from Marx and Trotsky. Fiat currency is in the hands of Jews and this is the root of its problems. Then again, so is the media, should we abolish the media if we take power as well?
__________________
"The favorite slogan of the reds is: 'No Pasarán!: Yes we have passed! And we tell them...and we tell them, we will pass again!'"
― Benito Mussolini after the Communist capitulation in Barcelona

Last edited by Joe_Smith; April 20th, 2014 at 05:46 PM.