You can just say you’ve lost the argument and or given up instead of trying to exude superiority in your failed points by attempting to say too many words/ a verbose detailed argument somehow lessens the strength of my arguments. Its like saying einstein’s mathematical formulas were somehow wrong because there were too many variables and functions / too complicated couldn’t make sense of it 🤣

just say you give up and consider your arguments are just nonsense you’ve been conditioned to believe by people who would literally still own slaves if it were still legal (actually they still do in more ways than one) but if you believe what wall street economists tell the general public then you probably also believe that corporate news outlets are credible journalistic sources and the US is a bastion of true democracy which we spread across the globe using the friendly persuasion of a highly armed industrialized military apparatus.

The entire american working class needs collective organizing and bargaining but it seems that will likely be outlawed in the next 4 years as the us slips further into a fascist kakistocracy.

You mean the Nobel Prize committee? The same people who gave Obama a war mongering neo liberal fascist the peace prize for all those peaceful drone bombings he ordered? Yeah they are really fucking credible, about as credibke as the ADL when they said elon musk didnt blatantly do a fascist salute in front of all the white nationalists sycophants at the Trump inauguration.

Economics isnt a real science, i just aced the first few quizes of economics on khan academy to see how much science is involved and my suspicions are correct. Econ is just bullshit that aims to solidify the ideas that free markets are good and have done such a great job of adequately distributing resources in a society and socialism is the devil so lets all just bend over and let billionaire central banking military and prison industry profiteers tell us what color the fucking sky is and ignore our basic senses.

Here is the basic reality, money isn’t real, its paper we all have been indoctrinated to believe in its value because it benefits the wealthy who wxert their capital to exploit large swaths of labor so they can live in opulent luxury at our expense. they use violence to enforce this system at our detriment, gold is real, silver is real, but silver is highly undervalued right now and has been for the last 25 years at least and gold is the only commodity that has proportionally increased in value when compared to the reckless over printing of currency and accumulation of national debt on the us dollar. Your arguments amount to “nah ah, the super credible people who tell us what to think don’t agree with you even though their actions support what you’re saying we should just trust our merciful aristocratic overlords and trust their plan for our dwindling future prospects and ignore the borderline austerity conditions in the usa today becasue so long as cheap consumer goods fill box stores and billionaires are buying more yachts then we can claim the stock market and subsequently the entire exonomy are booming never-mind the un affordability of rent and housing, decades of wage stagnation and 60% of workers living paycheck to paycheck with no emergency savings. Also the large stores of gold these governments and financial institutions have stockpiled solidifies my point, if the value of money was based upon the money itself and the trustworthiness of the government printing that money then they wouldn’t need to stockpile gold they would just print more money but its a fact that the more money you print the less value each bank note holds and the more the price of gold increases in perpetuity as the circulating currency supply increases.

Also less than 11 tons of gold you just mentioned out of the estimated 212,000 tons currently above ground is barely 5% of the supply, so this is not what is pushing the price of gold to balloon 8200% in the last 53 years. But keep on trusting central banking institutions who have defrauded entire economies multiple times with no consequences what so ever. Its like thinking the pack of hungry wolves outside your door are begging to be domesticated or thst you have a real interpersonal connection with the stripper you just paid $400 to grind over your jeans.

I think ifs most likely he is just a piece of shit

I didnt steal MaGGA i mean odds are someone has said it before but go ahead and use that shit till it or some billionaires be dead. hopefully the latter comes first.

Its basically a 50 tweet diatribe of the worst shit fascist billionaires could say. Basically poor people are garbage hitler was great and fuck the jews and thst he wants to colab with p diddy cause he is his hero. It almost makes elon’s fascist salute look mild.

We wouldn’t be in this position if more people had enough common sense to see zero sum game for what it is and opt out of working. This would 100% be met with violence from the ruling class if enough people started quitting their jobs and refusing to participate. which would show the true color of our society and dissolve the facade of liberal democracy once and for all and show it for the class dictatorship it truly is. Any democracy that fights against economic democracy at all fronts is inherently and obviously anti democratic.

People may think i am lazy but that’s far from it. Ive always outworked my peers but been punished for my aptitude with an ever increasing job description and no increase in pay. Im auto didactic have taught myself automotive diagnostics and maintenance as well as music theory and basic construction and carpentry. I recently even considered getting a job as an automotive tech but hiring wages are a joke. Mcdonalds and fast food near me start at $16-17 an hour and youre lucky to find a job at a garage for $19-20 so for $4000-8000 more a year i can blow my back out, bust my knuckles and have toxic automotive fluids and solvents absorb into my dermal layer. meanwhile the shops charge on average $200 an hour for labor and sometimes even More (masarati/mini near me charge $295/hr even kia/hyundai are at $235 and the highest payed guys are making $45-60/hr flat rate and billing 2 hours for every one hour they work so they are making $90-120 an hour while the shop makes $470 its ridiculous. Multiply thst by however many garahe bays they average pccupied throughout the day and domenof these places are bringing in $2000 gross an hour ebery hour from 8 am till 3:30 People don’t understand this is the corporate model, they aim for 500-1000% profit margins. While working class people say “fast food and other service industry workers dont deserve a living wage because i make what they want now and that would mean i would be payed less” instead of realizing those engorging themselves on passive income off of our backs are under paying us. Not to mention complaining that other working people who are deemed inferior dont deserve a living / thriving wage is nothing more than class traitor bullshit that is promoted in our society to distract from the true enemies of humanity. The wall street billionaire military and prison industry profiteers who view us all as disposable cattle to be ridden as hard as possible till we die in poverty so they can have another yacht every year.

And yes it does suck being broke, i miss out on new tool sales all the time, my phone has a cracked back glass panel, my wife and my pets live in a drafty 36 year old rv spending $30 on propane for heat every week till the end of winter so that we and our pets don’t get sick but its better than the awful treatment I’ve endured at the 20 or so jobs I’ve had since i was 14 years old and got my working permit. While all the rich kids at the private school my grandmother sent me to in order to brain wash me into being a dumb right wing boot licker looked down on me for having a weekend job and taking the city bus. Im just upset i cant buy a few things at the harbor freight 30% off items $10 and under this weekend and the ryobi high torque impact wrench and battery currently $90 off. I could care less about fancy clothes or luxury items, i just like tools so i can fix things and keep my mind busy. It beats the hell out of staring at a clock for 4-5 hours out of an 8-9 hour shift because i finish tasks quickly and then have to avoid superiors who would make me do busy work to justify a trash garbage wage they feel i should be grateful for. Or deliberately slowing myself down on monotonous tasks so i can appear busy for longer periods of time. Fuck. That. Noise.

Meanwhile these billionaires are blatantly praising hitler and gesturing blatsnt fascist salutes while telling us the sky is green and espousing anti intellectualism/ anti working class fascist ideals with no fear of public retribution. Fascists have gotten far too comfortable. It seems like the wall street putsch/ business plot was just delayed but successful none the less. especially since one of the coup’s main architect’s son and grandson were both sitting presidents and our government is now blatantly controlled by an intersection of wall street economic and military industries who control a vast majority of the propaganda outlets masquerading as journalistic outlets. While right leaning centrists who think they are on the left just keep telling us to have faith that voting will fix things when that hasn’t worked for 50+ years and what this country needs is a full fledged leftist working class revolution and not one tenth of a millimeter less.

Economics isnt a real science it is a school of thought the purpose of which is to defend the mechanisms of exploitation and cruelty that are inherent and celebrated within capitalism. And it doesn’t matter what economists tell us on corporsre owned propaganda news outlets what matters is that wealthy people consider gold to be an inflation proof store of wealth and a hedge against inflation. When the price of gold increases the dollar weakens. Cpi is an inadequate measure of inflation because as i said earlier it does not account for the devaluation of a currency due to the increase in circulating currency supply. Are you telling me that tbe increaae in currency supply and the us debt increasing over 72 times in 54 years isnt right on the money with the increase in gold price? Are you that bad with basic arithmetic?

For the first 172 years of the US dollar as a standardized currency from 1799 till 1971 the price of gold was solid at $18-19 announce until after the great depression when FDR temporarily suspended the gold standard and made it illegal to hoard gold in bulk and bought up as much of the supply as possible at $18 an ounce before revaluing it at $35 an ounce. So thats a 94% fluctuation in 172 years compared to today in less than 33% of that time since 1971 its at 8200% and a months rent for a decent 2 bedroom in a decent area has always been around an ounce of gold.

And that wide swing shown in red on that graph was caused by the new credit based policies where stocks were sold to snyone with only 10% of the purchase price in liquid which was the main cause of the great depression. Pretty similar to the NINJA loans that fueled the MBS sub prime housing loan situation that wall street committed fraud to try to stave off before it crashed in 2008 an awful situation our economy still hasn’t recovered from. And you see that red stopped after FDR instituted quick action to save thebus dollar as i mentioned above. Another factor that caused the great depression was the stock buy ack which fdr outlawed and wasnt again relegalized till the reagan administration which normalized the blatant theft of surplus labor value and exploitation of the workers so that all the surplus value could ve funneled back into stocks to artificially increase the value of shares and trigger massive executive bonuses and shareholder dividends without adversely effecting the share value after those dividend payouts.

You see the shit kanye west wrote today?

Billionaires and their boot licking lap dogs are all beyond sick, its time we sharpen the guillotines, they live like royalty on our backs. Ive been on a strike for the last 5 years living in abject poverty because i will not work for wages not even providing me an existence worth living for. I would rather be broke and free than live as a slave deluded to believe in an illusory freedom while our lives are controlled by those who spend more money on weekend vacations than you or I could earn in a dozen consecutive lifetimes. All while dozens of homes per every unhoused person sit empty to artificially increase the value of property to the point where even renting a shitty 1 bedroom apartment is unaffordable and 1/3 of all food produced is thrown away because it cant be sold fast enough to make someone else more fucking money. I would rather die free and destitute then wake up and be psychologically whipped into obedience to make someone else passive income while i despise every second of my existence and wake up feeling psychological dread after the brief 1 or 2 day respite of the weekend or the 8-16 hours of sleep food and household chores between shifts. Thats not living its slavery with extra steps all these sick deluded fascist fucks and this system theyve built by destroying the social progress made in the 40’a 50’s and 60’s and worked tirelessly to eradicate to install a technocratic feudalist surveillance and police state it all needs to be violently dismantled and burned to the ground. Ballot box idealist bullshit doesnt work, they own the ballot boxes and the ballots, they own the news outlets they own the printing presses putting out educational material and have abysmally lowered the standards of what constitutes education today. There is only one side of the political spectrum in America. The democratic parry is right wing and blatantly enables the far right super fascist gop. But weve been so dumbed down that we believe the democrats are left, they arent, we live in a class dictatorship. There is no true democracy without economic democracy. I am MaGGA- MAke Guillotines Great Again.

Its not wrong or irrelevant. Gold will survive a house fire or vandalism. Wheras the nazis intentionally destroted countless works of art around the end of the second world war. Yes art is another rich person commodity but economies were never built on art besides the bank notes they printed which were backed by gold untill the us started to increase its spending snd international debt due to the Vietnam war and then a large number of countries starting with france called the USA’s bluff by trading in their reserves for gold which saw Nixon ending the gold standard then the us had to make a deal with the Saudi royals and opec to ensure the us dollar remained the global reserve currency by making the us dollar the only currency accepted to purchase crude oil which was solidified in 1979 just as gold increased in value 2000% to $700 less than 2 years before we printed the first trillion. If the us hadn’t manipulated the global economy in this way inflation would be even worse than it is now. But mark my words gold will hit $3200 an ounce by the end of this year and will close trumps presidency at $3600 at least if not $4200 or more. America is cooked. Monthly rent for 2 bedroom apartments not in deep red southern states will be increasing in tandem with the price of gold as it always does.

Silver was used but gold was more valuable and sought after so this is the equivalent of saying that $5 bills were the main form of currency because a majority of people were too poor to have larger bills. The first record of Gold coins was in egypt circa 1200 bc and 600 years before silver coins became more common.

Gold backed currency was abandoned globally because of central banking dominance and since we’ve transferred to elastic currency weve seen hyper inflation in the usa that we are being lied about in regards to. Rent for a 2 bedroom apartment has gone from between $30-50 a month to $2200-2500 a month in just 54 years so please tell me how its a good thing to just print valueless trust me bro money out of thin air with nothing but the trade of a commodity that is burned for energy backing it. Also the petro dollar was a last ditch effort imposed by the isa with help from saudi royals and OPEC To ensure thst the us dollar wouldn’t tank even harder than it has due to ending the gold standard so we didnt have to make good on our promise to convert all us bank notes to gold upon the demand of any country or person who had the us reserve currency.

If gold backed currency was so bad then why was inflation before we abandoned the gold standard and started printing money faster than nudie magazines

Here is a quote on the gold rush inflation you speak of that says youre point is pretty much bullshit. This inflation was limited to gold mining towns and close by areas where some miners became huper wealthy and those loving around them sought to profit off of their newfound wealth by arbitrarily increasing prices. Wages went from $3-5 a day to upwards of $12-16

“Although the short-term impact of the Gold Rush included inflation and a reduction in the dollar’s purchasing power, the long-term benefits were significant. The wealth generated by gold mining helped stimulate investments in businesses and infrastructure, laying the groundwork for the industrial growth of the late 19th century. The broader U.S. economy eventually absorbed the increased money supply, and as production expanded, inflationary pressures eased.

By the late 1850s, the dollar’s value had begun to stabilize. The rush’s economic growth, particularly in the western states, helped balance the inflationary pressures of prior years. Wealth generated during the Gold Rush further contributed to the westward expansion and development of the economy, providing the financial foundation for future growth.

As gold reserves increased, the U.S. Mint had more flexibility to mint coins and issue currency. However, the increase in gold posed challenges in maintaining stable prices as inflation rose along with the expanded monetary base.

Despite this, the increased gold reserves eventually paved the way for greater stability. Gold became a cornerstone of U.S. monetary policy as the economy grew, providing the stability needed for continued economic expansion.”

The gold standard was a far superior economic model for currency than the current system which sees regular increased inflation that is intentionally downplayed by leading financial institutions in an effort to prevent fomenting societal unrest/ discontent and resulting socio-economic / political violence from the working class.

That is 100% incorrect. Compared to paper and cotton gold is scarce also the diamond market is manipulated by debeers and some other players and the gold market is not the only thing limiting how much gold is available is how fast it can be mined and processed. And that is not easy tk do otherwise we would all be panning rivers for as much as possible instead of working garbage wage slave jobs

Gold was the first currency, paper currency is a replacement, up till nixon withdrew from the bretton woods agreement and then subsequent administrations made a shady dealmwith the saudis and opec to make the USD be the only currency accepted to buy crude oil which solidified in 1979 right before we printed the first trillion in 1981. But if it werent for that one strategic move which changed the playing field of currency as we know it then the us dollar would have tanked harder than the titanic and worse than it has in the last 54 years

Platinum and paladium arent gold though. You cant hammer either into paper thin layers or mold it and separate it with minimal tooling like gold. These are different metals with different properties.

But without the whole fabrication of the concept of a petro dollar then the us dollar would not be the global reserve currency today and that would have 100% been due to the fact that we ended the convertibility of paper money to gold in 1971 which was brought on by the us acquiring a massive debt before 1971 due to awful conservative policies and the countries who held this debt began trading it in for gold so the us governemnt did what they could to not loose what little they had left at the time.

If the value represented by paper currency isnt representative of golf then what does it represent besides thin air and the promise of those who regularly commit fraud with impunity?

Fiat currency and even a home built with a number of different commodities and or textiles will all burn to the ground whereas gold will stand the test of time and it never tarnishes. You can fill 2 safes with $100 bills or even 500 euro bills and you can fill 2 equal safes with gold and toss two into the ocean and the other two into a home in the path of a wild fire. The home and the safe filled with money will ve worthless and after a short anmount of time the safe filled with money that sank to the depths of the ocean will be worthless as well but the two safes with golf will both withstand the extreme fire and the pressure of the ocean’s depths

This is a room temp iq take. But whayever helps you sleep at night.

Basically you are saying the valuable metal that makes the glowing screen in your hand function and has limitless technological and industrial applications isn’t worth the arbitrarily valued pieces of cotton paper we print faster than an army of rabbits shit and breed and are only deemed valuable because wealthy people who treat laborers like disposable cattle and engorge themselves on industries literally propped upon fraud tell us that those paper notes are valuable….

Sure buddy what ever you say. If i had to choose to follow “the doomsday prepper idiots” who have amassed arsenals, and stockpiles of ammunition valuable currencies that will outlive any paper fiat currency and all the other commodities needed to live or the group of people laughing at them when shit hits the fan, im definitely going to be following the former while you all shit your pants and beg the “idiot preppers” to let you followed them while you have nothing to offer of any value.

Keep trusting billionaires considering it has gone so well For us this far……

You’re just made the <= $50/hour wage you earn is garbage compared to some kid straight out of high school at any time from $1950-1971.

Also this is fact, do the research yourself. Rich people also teach their kids that labor is far beneath them and the only jobs worth having are high paying corporate lawyer jobs and c suite executives but they aren’t going to say these quiet parts out loud. Hell even their owned media outlets are all attempting to convince us that gold is not inflation proof but it is. The numbers dont lie and you dont have to have a degree in advanced trig to figure it out.

But believe what you want, its bullshit, but go ahead and believe it. The sooner everyone understands that what i am saying here is true the sooner people who keep working dead end jobs because theyve been conditioned to believe that “everyone needs to work” and have bought into the idea of individual value being tied to the labor they produce, can refuse to produce labor in a system where the effort they input far exceeds the return value they are compensated with.

All the people trying to say I am talking out of my ass sound to me like people who are supportive of capitalism and wage slavery and want people to keep on devoting their lives to earn peanuts and scraps while those who do jack squat spend more on weekend vacations than you or i could earn in a dozen consecutive lifetimes

Only large bills are worth more than gold and not by much u less were talking 200 and 500 euro notes and last time i checked if your house burns down the money is gone but the gold is still salvagable and doesnt lose any value

Lmao, would have had fuck you money unlike the results she has had giving 3 decades to employers who treat her like shit. But sure, whatever you say. Bitcoin is where it is because its the future of money. Jamie dimon and all the other fraudsters on wall street say its a ponzi scheeme and other illegitimate smears against stablecoins while they pour billions Of dollars into the development of their own block chain tech behind the scenes.

Any day now elon musk will take us to mars too…… any day now….

At the point where gold becomes an infinitely abundant resource is the point where money will loose its value and those in power will be forced to restructure society so that poverty is impossible and class does not exist. Or they will undertake this monumental effort in complete secrecy to hide the fact. This will not happen in our lifetime. Unless et/ed contact and advanced hidden tech is disclosed that is.

If you think printing money out of thin air with nothing to back its value besides petro chemicals is a good economic model you’ve been sleeping for the last 3+ decades.

You can only mine so much gold, money can be printed infinitely. And there will be a point, albiet far in the future, where we will have depleted natural gold reserves to the point where mining costs will far exceed the profitability. Even right now to start an industrialized gold extraction project costs over a million dollar once you figure in equipment costs and claim agreements (usually anywhere from 10-20% of total gold mined is the price to mine a claim) The fluctuation of gold price in the 1800’s was nowhere near the 8000% fluctuation we have seen in the last 54 years, from 1799 till 1971 gold price only fluctuated from $18/19 to $35 when in the 19th century did the price of gold ever increase beyond $20-22? And this was enough to cause panic back then but the ignorant masses today just keep working while rent prices mirroring the price of gold hit all time highs every subsequent month.

And treasury bonds are merely Fiat currency on steroids. Just more printed rubber money.

I think thats also a result of nixon shock policies. Namely the cutting of education funding and standards that was doubled down by Reagan under the influence of advisor Roger A Freeman who is quoted as saying that an educated proletariat was a real threat to the society they were working to create. Leftism was far more popular in the 60’s and 70’s as a result of the higher education standards we had after the end of the second world war. Then leftism was smothered in the 80’s and 90’s and now what many people consider “left” is just right leaning centrist neo liberalism. True leftism has pretty much been wiped from the chat since then.

Today education centers are just there to condition workers to be smart enough to run the machines that generate profit for those with capital but not smart enough to understand how ruthlessly exploited they are. After Reagan the working class in the US were turned into low paid service industry wage slaves almost overnight after Reagan’s cafta turned to nafta under clinton and all the high paying manufacturing jobs that gave many Americans an unprecedented amount of prosperity/ quality of life were sent to the third world so corporations could reduce labor costs by 90-95%+ all while our currency was being intentionally devalued to reduce labor costs to all the jobs that couldn’t be outsourced to the third world

Gold is considered “inflation proof” because its limited supply, unlike paper currency, tends to maintain its value even when the value of a currency decreases due to inflation, making it a popular hedge against economic instability and a declining currency; when the purchasing power of a currency drops, the price of gold rises in response to increased demand from investors seeking a stable store of value.

Key points about gold as an inflation hedge:

Scarcity Gold is a finite resource, meaning its supply cannot be easily increased, which helps maintain its value during inflationary periods when the money supply expands.

Safe Haven Asset Investors often turn to gold during times of economic uncertainty, driving up its price when other assets are losing value.

Negative Correlation with Currency Historically, gold prices tend to move inversely to the value of a currency, meaning when the dollar weakens due to inflation, gold prices typically rise.

generally, the price of gold tends to increase when the circulating currency supply increases, as a larger money supply can lead to inflation, making gold, with its limited supply, a more attractive store of value and thus driving its price higher; essentially acting as a hedge against inflation.

Key points about this relationship

Inflationary pressure When more money is circulating, it can devalue the existing currency, causing prices of goods and services to rise (inflation), which incentivizes investors to seek assets like gold that can maintain value during such periods.  Fixed supply of gold

Unlike fiat currencies which can be printed by central banks, the supply of gold is limited, making it a valuable asset in times of economic uncertainty.

Market psychology Investor perception plays a role, as many view gold as a safe haven asset, leading to increased demand when the broader market experiences instability.

Here are some more tidbits that paint a more full picture

https://www.forbes.com/sites/realspin/2013/10/09/measured-in-gold-the-story-of-american-wages-is-an-ugly-one/

https://www.reuters.com/plus/beyond-cpi-gold-as-a-strategic-inflation-hedge

https://wtfhappenedin1971.com/