What if I steal all the currency a person or corporation has just printed? What about counterfeiting? Where will you take your complains when there is no government intervention?
Whats the point of investing when you can save gold? Gold flucuates quite frequently. It cannot be controlled and can add to horrendous boom and bust cycles. Imagine exporting to another country and they pay you in their currency. After swapping their currency for your gold backed currency, you currency deflates and the importing country's inflates
Money is not a thing, it is a shared dream. I know that for five to ten canadian dollars, i can buy a adequate lunch, so does everyone else in Canada. This is how money functions.
And the great depression was created because of the rise of non regulated commerce and loans. Non Regulated commerce has FAILED and having a Fetish for a certain corrosion resistant yellow metal does not fix economic problems.
As for the Great Depression being created because of the rise of non regulated commerce and loans. This is the other aspect I disagree on. The Great Depression was cause by the expansion and contraction of the money supply by the Federal Reserve, government regulation that stop banks in the U.S. from branching off and diversifying risk (note no banks in Canada failed during the Great Depression because no regulation was in place to stop banks from branching off and diversifying risk)
Hi thank you for watching, but I must wholeheartedly disagree with you on two aspects of your post. Money is a medium of exchange; it is a representation of wealth i.e desired work. Desired work meaning goods (all goods take desired work to produce or cultivate.) and services (all services take desired work to perform.) Money is any medium of exchange that three or more parties are willing to voluntary utilize for the indirect trade of desired work.
As for the Great Depression being created because of the rise of non regulated commerce and loans. This is the other aspect I disagree on. The Great Depression was cause by the expansion and contraction of the money supply by the Federal Reserve, government regulation that stop banks in the U.S. from branching off and diversifying risk (note no banks in Canada failed during the Great Depression because no regulation was in place to stop banks from branching off and diversifying risk)
Will you be my senator?
TheNykademos 1 month ago
Why not turn shares into currencies??? They would all be baked by the companies.
seyxlondon 2 months ago
Gold, Silver, Other metals, Properties, and ASSET Backed Paper.
It's simple, what haven't you gold standard deniers figured out about that?
WONDOCTORJ 4 months ago
What if I steal all the currency a person or corporation has just printed? What about counterfeiting? Where will you take your complains when there is no government intervention?
laloox123 8 months ago
Whats the point of investing when you can save gold? Gold flucuates quite frequently. It cannot be controlled and can add to horrendous boom and bust cycles. Imagine exporting to another country and they pay you in their currency. After swapping their currency for your gold backed currency, you currency deflates and the importing country's inflates
thefredsays 1 year ago
Money is not a thing, it is a shared dream. I know that for five to ten canadian dollars, i can buy a adequate lunch, so does everyone else in Canada. This is how money functions.
And the great depression was created because of the rise of non regulated commerce and loans. Non Regulated commerce has FAILED and having a Fetish for a certain corrosion resistant yellow metal does not fix economic problems.
ImperatorZor 2 years ago
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(Continue)
As for the Great Depression being created because of the rise of non regulated commerce and loans. This is the other aspect I disagree on. The Great Depression was cause by the expansion and contraction of the money supply by the Federal Reserve, government regulation that stop banks in the U.S. from branching off and diversifying risk (note no banks in Canada failed during the Great Depression because no regulation was in place to stop banks from branching off and diversifying risk)
estatefacts411 2 years ago
Hi thank you for watching, but I must wholeheartedly disagree with you on two aspects of your post. Money is a medium of exchange; it is a representation of wealth i.e desired work. Desired work meaning goods (all goods take desired work to produce or cultivate.) and services (all services take desired work to perform.) Money is any medium of exchange that three or more parties are willing to voluntary utilize for the indirect trade of desired work.
thegoldbardottk 2 years ago
(Continue)
As for the Great Depression being created because of the rise of non regulated commerce and loans. This is the other aspect I disagree on. The Great Depression was cause by the expansion and contraction of the money supply by the Federal Reserve, government regulation that stop banks in the U.S. from branching off and diversifying risk (note no banks in Canada failed during the Great Depression because no regulation was in place to stop banks from branching off and diversifying risk)
thegoldbardottk 2 years ago
awesome well presented
peanutscoins 2 years ago
this channel is the best thanks for the info
9999baz 2 years ago
Thank you for watching
thegoldbardottk 2 years ago