Histeria! Woodrow Wilson - $12 Bill
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@Legion719 you cant compare hyperinflation of a destroyed economy to normal economics because it is an extreme example of a currency failing
artificial inflation allows an economy to be competitive in the marketplace by raising inflation to a degree that does not hurt goods or services but allows the economy to grow at a faster rate stopping before things get out of hand
also if your gonna harp on me for being a Bronie then fuck off you religious right wing republican
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@alex134219 The Roman government fell for many reasons, not simply their currency. It was also the currency that brought them to such a place of power that we can still use them as a reference a millennia and some odd centuries later. If you have gold, then you have money, the gold is what's valuable. All our dollar was is a certificate stating that it represented an amount of gold held in the National Treasury. The dollar now does not relate to anything, I can't fake not having gold.
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@alex134219 OK, I'm done trying to discuss economics and world politics with a bronie. Fact is many world governments have done it in the past to try to help the people, but it's always backfired. Id Est, the Weimar Republic in Germany (around 1920). If you want to talk about the issues instead of casting off strange general insults, please enlighten me to how artificial inflation is helping the economy.
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@alex134219 Also our CiC isn't doing us any favors by hyper-inflating the dollar overnight to the tune of trillions.
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@Legion719 basically I can see from your channel that you're one of "those" people and wouldn't understand what I'm saying at all
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@alex134219 I'd prefer the Gold Standard. Not a Fiat system where the government can print money at leisure. Too much of a chance for someone to do something detrimental.
Fuck Woodrow Wilson.
He was horrible.
ifhgsfj 1 year ago 12
the treaty wasn't his fault it was Britain and france who wanted that and the us wasn't a super power at that time so they didn't really have a say in the matter. wilson was a good president and every one who says he was the worst need to get educated
SuperUSMC09 2 years ago 6