Welcome to General Chat - GAW Community Area
This General Chat area started off as a place for people to talk about things that are off topic, however it has quickly evolved into a community and has become an integral part of the GAW experience for many of us.
Based on its evolving needs and plenty of user feedback, we are trying to bring some order and institute some rules. Please make sure you read these rules and participate in the spirit of this community.
Rules for General Chat
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Be respectful to each other. This is of utmost importance, and comments may be removed if deemed not respectful.
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Avoid long drawn out arguments. This should be a place to relax, not to waste your time needlessly.
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Personal anecdotes, puzzles, cute pics/clips - everything welcome
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Please do not spam at the top level. If you have a lot to post each day, try and post them all together in one top level comment
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Try keep things light. If you are bringing in deep stuff, try not to go overboard.
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Things that are clearly on-topic for this board should be posted as a separate post and not here (except if you are new and still getting the feel of this place)
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If you find people violating these rules, deport them rather than start a argument here.
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Feel free to give feedback as these rules are expected to keep evolving
In short, imagine this thread to be a local community hall where we all gather and chat daily. Please be respectful to others in the same way
Rules For the rest of the Site also accessible on the sidebar.
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So I was thinking about how to undo the huge inflation that's already happened these past four years, what with at least 40% of all the dollars that have ever been printed being produced in the Biden years alone, once we get back to the gold standard.
Is it seriously the simple common refrain of "just stop printing money" until gold catches up?
...It can't be that simple. It cannot possibly be that simple.
Fed has to crash and burn. Fed chairman has set the stage by saying he will not resign if Trump asks him to resign - exposing the fact that Fed is not a governmental body and the only way to control it is by Congress undoing the Federal Reserve Act.
That will also burn trillions in debt, based on the Trump EOs, which will also take down the debt holders - mostly Wall Street and Big Banks. After that, along with tarriffs, real economy will start growing. Will take a while before things settle down.
Will that result in something that cost three cents in 1913 costing a dollar now, costing three cents again?
Or are the current prices here to stay?
Thats a tough question. Honestly I don't know, but I also think its not as relevant as it might feel. The more important question is "what kind of life will we be living? As wholesome family life as in those days, while also accessing the best parts of modern technology?" for which the answer would be yes.
I can live with that. That last question had just been nagging at me, since I am NO economist.
Thanks for your help. And thanks for all you've done for this site to help Trump and the Q plan. Our efforts are FINALLY paying off.