Added: 3 years ago
From: jonLukasC
Views: 3,606
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  • Gold standard is horse & buggy era. Nowadays most money is just 1s and 0s on a computer.

  • @zacharycat you should watch my math video and please tell me what you think

  • pics are confusing

  • ok, so where does it end, what about if other countries want to sabotage production in your country with war. all of a sudden you create a market for your products.....wait....could this be what happened in Iraq?

    This makes it very easy for imperialism to arise.

  • Sorry for answering five months after you posted this, but I don't see how the gold standard would matter in this case. Destroying other countries' resources would decrease the global supply of those products, and thus increasing the price of your own supply of the products. I don't think what currency you use really matters.

    About the Iraq war: control over foreign oil is probably a bigger issue than increasing the price of US oil, since I believe the US imports more oil than it exports.

  • No prob, I think you are right. It no longer matters. I saw a video that explains how to take over a country without firing a gun. The use of money and its devaluation is the secret.

  • No wonder Nixon ended it in the 70's, must been so 19th century

  • its ok but it doesnt adress tv fakery

  • Hey Jon thanks for the video link. yes it's a beautiful system and seems to have an equalizing effect on the balance of trade. I believe some day it is inevitable that we will return onto a gold standard it just works so well! Take care.

  • I don't really advocate nor condemn the gold standard i simply explain it in the best way I can and let the people decide what they want

  • Great video Jon...

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