A Case For Gold
A brief argument for gold-backed currency.

by shitbox 550 Reads
on Tue May 06 2008 Add to your ClipSwarm
Alpha votes:
0 by casmhar , nixonesque
0 by sikki_nixx , nothing new here. VOTE RON PAUL!
+1 by Clavis_Apocalypticae , Old, but worth a read.
+1 by Dragonstaff
+1 by ragoo
+1 by LOki , GOLD STANDARD! ok?
+1 by Dumbskull
+1 by etain
X by nocal , jesus christ, this shit is so retarded
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shitboxTue May 06
 
Another gold standard.

 
 
LOkiTue May 06
 
X by nocal , jesus christ, this shit is so retarded
'This is the shabby secret of the welfare statists' tirades against Gold. Deficit spending is simply a scheme for the hidden confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists' antagonism towards the Gold Standard.'
Alan Greenspan - Gold and Economic Freedom (1966)
 
 
nocalTue May 06
 
gold backed currency is still a shit idea. but you keep buying into libertarian buzzwords and i bet one day they catch on
 
 
hankreardenTue May 06
 
It's a shit idea because it worked for oh... the entire length of human civilization (until it was killed off in the 20th century)? Or because INFLATION IS AWESOME!?
 
 
nocalTue May 06
 
It's a shit idea because it worked for oh... the entire length of human civilization (until it was killed off in the 20th century)? Or because INFLATION IS AWESOME!?

yes good argument let's start using sea shells as currency again because that was around for longer than gold
 
 
PutaMadreTue May 06
 
Nocals fo' Prezdint!
 
 
LORDKAHUNAWed May 07
 
While I'm not for fiat money, but unless the world trade partners also adopt the gold standard there isn't much point.
 
 
LOkiWed May 07
 
'yes good argument let's start using sea shells as currency again because that was around for longer than gold'

X by LOki , jesus christ, this shit is so retarded
 
 
nocalWed May 07
 
hey if your only argument is 'it used to work' then all i have to say is
 
 
LOkiWed May 07
 
Hey if your only argument is 'GOLD STANDARD!' then all i have to say is
 
 
nocalWed May 07
 
oh i forgot

there is also liberty involved

your sound policy sure involves an obama-esque amount of buzzwordery
 
 
LOkiThu May 08
 
'there is also liberty involved'

'This is the shabby secret of nocal's tirades against Gold. Deficit spending is simply a scheme for the hidden confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the nocal's antagonism towards the Gold Standard.'
 
 
nocalThu May 08
 
i bought a gold brick and put it outside but it doesn't protect my property product not as advertised F- would not buy again
 
 


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