Friday, August 14, 2020

Big Stacks

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3 Comments

  1. Too stupid to be a source of humor. Gold is still subject to arbitrary valuations because it cannot directly feed and clothe. All symbolate money was devoid of inherent value at the moment of creation. Actual inherent worth of trade goods is only achieved in a fully de-monetized society. Gold has inherent value only its pretty appearance and whatever chemically reactive properties lab technicians find useful.

  2. ^ Stick to wanking off, bell end.

  3. ^ don’t worry I’ll get there. sorry, no you can’t watch. But I also use the internet to dismantle stupid statements.

    The gold standard isn’t suited for a global economy because it inhibits governments from stimulus spending. Since the amount of gold doesn’t fluctuate much, recessionary spending can’t be tailored to rescue a collapsing economy. Stimulus spending in a recession enjoys a stellar reputation across all developed nations. Its effectiveness is easily demonstrated with data from the Great Depression, the 2008 panic, and presently in the pandemic recession.

    Oh I know, well let’s just get rid of globalism. Yeah see how that goes.

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