I was having a debate with a friend. He said he doesn't see a way off of the FIAT banking system.
That if we goto a gold standard. That would limit the supply of money.
And that would hurt us.
What are your thoughts on this?
I was having a debate with a friend. He said he doesn't see a way off of the FIAT banking system.
That if we goto a gold standard. That would limit the supply of money.
And that would hurt us.
What are your thoughts on this?
It is correct, there is a limit on the supply of money. This is limited by physical assets and/or potential labour of the population.
However, this is a GOOD thing. We wont spend what we dont have. It will be very difficult to create huge welfare policies. But the real reason why the Globalists focus on welfare is so they can push us into this debt based system and keep us enslaved. This happened with the New Deal after WW2, which is when the spending started exploding, and in 1971 it went beyond the Gold reserves and had to be taken off that standard.
The opposite. People will be responsible because you cannot spend what you dont have. The entire world will be going into system. There will be no direct taxes, so productivity will shoot to the moon. People will have huge incentive to work hard and they can see the results of their hard work in their own community.
Without debt based investment funding Globalist agenda, more business will be within the community, causing communities to prosper. Economy will be localised and become very hard to subvert. There wont be one guy forcing every fortune 500 company to go woke or have their stocks dumped.
Without debt based system, stocks will reflect actual value rather than speculation. People will own shares for the dividends, so companies need to focus on creating real value. Companies like Amazon, Uber, etc will be wiped out because they are loss-makers, propped up purely by their stocks, which are manipulated.
Dont get be wrong, fren. The society will fundamentally change. It will become more wholesome, and less frivolous. I strongly believe this is what Q meant when he said "The End is not fo reveryone".