5/28/16 END OF THE DOLLAR 5/28/16 END OF THE DOLLAR 5/28/16 END OF THE DOLLAR 5/28/16 END OF THE DOLLAR 5/28/16 END OF THE DOLLAR 5/28/16 END OF THE DOLLAR 5/28/16 END OF THE DOLLAR 5/28/16 END OF THE DOLLAR 5/28/16 END OF THE DOLLAR 5/28/16 END OF THE DOLLAR 5/28/16 END OF THE DOLLAR 5/28/16 END OF THE DOLLAR 5/28/16 END OF THE DOLLAR 5/28/16 END OF THE DOLLAR 5/28/16 END OF THE DOLLAR 5/28/16 END OF THE DOLLAR 5/28/16 END OF THE DOLLAR 5/28/16 END OF THE DOLLAR 5/28/16 END OF THE DOLLAR 5/28/16 END OF THE DOLLAR 5/28/16 END OF THE DOLLAR 5/28/16 END OF THE DOLLAR 5/28/16 END OF THE DOLLAR 5/28/16 END OF THE DOLLAR 5/28/16 END OF THE DOLLAR 5/28/16 END OF THE DOLLAR 5/28/16 END OF THE DOLLAR 5/28/16 END OF THE DOLLAR
>>67950886
FIAT MONEY IS THE FUTURE FUCK OFF RON PAULIDAN.
k
>>67950886
Now back to reality.
a doller can still get me a burger so im habby :DD
>>67950886
k.. keep me toasted
>>67951109
>Board of Governors of the Federal Reserve System
try again
>>67951244
How many dollars did it take to buy a iPhone in 1913?
It's because of charts like OP's that you guys are seen as retards.
op please go back to 1930
>>67951568
>there weren't iPhones in 1913
>the dollar was worth more in 1913 so it wouldn't have cost near as much as it does nowadays, I wouldn't believe it would top 50$.
>>67951568
Hand tailored American wool suit 1920
25 bucks
Same today
3000 bucks
Maybe someone who feels up to it can explain what money porting dos to buying power. We are all poor now. It's sickening
>>67950886
Yeah well, what are gonna do.
>>67952396
This, tell us OP.
>>67952260
It's called credit and loan you fucking pleb. Learn basic college level economics you highschooler.
>>67952618
>>67952396
cut spending to unnecessary programs, stop printing money, eliminate the fed reserve and work towards a gold backed currency.
>>67953007
How, which programs? How do you stop printing money? The federal reserve has plenty of resources.
Gold backed currency is a myth.
>>67953264
Edge fuck, dep of edu dep of all fucking services private markets accomplish more than government
>>67950886
this "inflation only happens to USD" meme is really shit-tier
>>67954332
yep which is why we continuously see the "raise the min wage" shite everywhere, the dollar is getting weaker, and when people are told to work and save their entire lives, eventually what they end up with is a life savings that is worth nothing compared to the initial principle, EXTREMELY increasing in current times, and eventually no one will accept the U.S. dollar, just like they're about to abolish the penny and the nickel, and gold will increase infinity.
>>67953264
Gold back currency a myth .... You are a fucking retarded troll.
>>67955125
Stop right there conspiracy boy. You need a timeout.
>>67955320
Uhm gold standard was a real thing, are you denying this?
>>67955125
You're a fucking LIAR.
>>67955700
>>67955125
LOOK AT HOW SHIT YOUR FUCKING COUNTRY IS. SAME "GOLD STANDARD" EVERYWHERE. LEARN BASIC FIAT ECONOMICS.
>>67951109
>>67951244
Strange enough, I heard little about the Fed not increasing interest rates
>>67956129
What's your argument autismo. Our currency is only valuable because of oil. Sadam and Gaddafi were going to stop taking USD for oil and it got them killed.
>>67956358
Oil is about to become useless you fucking nigger. Learn how to basic EVERYTHING. Stop posting about economics you'll never understand you manlet. Get off /pol/ and back to /b/.
>>67956625
Why are you mad autist? I have an extremely rough understanding of economics admittingly I am just trying to learn. Calm down.
I just think money that's backed by nothing is kind of fucking stupid, does your dad work at the FED or something?
>>67956814
So you admit, that you have no idea what you're posting about?
>STOP POSTING
>DUMB NIGGER 101
>>67956939
Wow you are a faggot. I know what fiet currency and fractional reserve banking are and am trying to learn more basics. Troll harder and post more info graphs with all caps you fucking autist.
>>67956939
BTW you ever seen a doc called collapse I want your opinion on that too, fuck head.
>>67957221
WHAT THE FUCK? Trying to learn basic, but understanding advanced? Typical conservitard who thinks they can Google until they're corrected by an actual economist.
>>67957385
I've seen it. CONSPIRACY THEORIES. NO FACTUAL INFO.
>>67956939
you haven't actually said anything that demonstrates you know what you're talking about.
>>67957558
I JUST WANT TO LEARN SENPAI WHY ARE YOU SO CRUEL. I JUST WANT TO COUNT SHEKELS AND SIP FUCKING OLD FASHIONS WITH YOU WHILE WE FUCK PEOPLE OVER.
HELP ME DO NOT SHUN
>>67950886
Thats my wifes birthday. Should I just buy her a bunch of gold and silver?
>>67957684
What do you want answers for? You'll just disregard them and post some irrelevant chart. Have you ever actually been on this board???????????????????
>>67957408
trust me im an econ major i have credentials
>>67957684
He clearly knows a lot from his aggressive maneuvers. Stop sliding.
>>67955722
A bulk of that is the federal credit market instruments. In other words, the debt owed back to the treasury dept (money owed to no one because it exists as a debit in the fed ledger). Still a concept that is alien technology to /pol/ because they don't read economic text past 1856.
>>67957820
IN FUCKING RUSSIA YOU COMMUNIST SCUMFUCK.
>>67957918
Can you explain in simple boy terms why fiet currency is good? I just figured that currency backed by nothing is a fucking problem is all. Please SENPAI teach me. I get that petro dollar gives American currency value at least.
>>67958107
Value increased by long-term investing through actual supply/demand. Aka: stocks, loans/credit, & GDP.
>Petro omfg
Do not use that method Anon. Small time investments are bad for Murrica.
>2muchdebbbbbbt
>>67958405
Ty. I guess.
Remember all of those children you told to save their money? Yeah, that slows the economy down, asswipe.
Solar Optical Rectennas and sell the electricity to other countries, pay off the debt, sell our nuclear weapons, transfer army spending into small businesses, crash hollywood, crash college, make african american fatherhood compulsory, get rid of welfare, penalize credit unions and labor unions and sell alaska and arizona.
>>67958525
Beautiful written poetic, legislative & informative.
>>67950886
That's my birthday.
>>67957797
everything you say can be summed up to "FUCK YOU, YOU'RE WRONG"
you haven't said anything of value that shows his opinion is flawed
>>67959143
Why should I? He has presented nothing as well. His opinion is just if not absolutely disposable.
CAN SOMEONE KEEP ME FUCKING POSTED?
k tnx
>>67954942
go and actually compare inflation of USD to other currencies...
it averages 2% (the target set by federal reserve) which is pretty low compared to most countries
nobody is forcing people to put their money under a mattress instead of investing anyway
and no that's not why people are wanting to raise the minimum wage because contrary to leftist dogma at the current level of $7.25 it has the same purchasing power as minimum wage in the mid '90s
the reason people are wanting to raise it is because they are retarded and its a leftist meme spread by people who don't realize that less than 1% of the population is a minimum wage worker and of those workers the vast majority are age 16-24 and working part time jobs or semi-retired old people who want some supplemental income and something to do with their time (as opposed to the countless millions of families berniefaggots claim depend on a single minimum wage earner.)
>>67959370
LEAVE NOW BRIT PLEB OR FOREVER BE SCORCHED BY THE BERN
>>67950886
>5/28/16
how do you want your dates senpai
just fuck my shit up
>>67950886
So did I miss something or what's happening at the end of May?
>>67959649
Absolutely nothing different.
>>67959531
I WILL FUCKING NOT
bern pls go
>>67960142
Boyyyyyyy
>>67960310
NUT, BERN PLS GO
>>67960545
YOU CANNOT STOP THE REVOLUTION NIGGERTRON
>>67950886
And the age of Bitcoin begins
>>67960650
get OUT get OUT get OUT get OUT get OUT get OUT
>>67960696
Bitcoin is supreme master-race currency.
>>67960696
>>67960696
bitcoin mustard rice
TTFM SENPAI
>>67960835
I cannot, I'm always watching and waiting.
>>67960990
>>67950886
I'm already poor as hell, this will not affect me
>>67961077
Go get some money, you aren't going to be able to survive hobo. No more shitposting.
can we all just agree that fiat is about to end?
ETH can go suck a dick though tbqh
>>67961269
FIAT HASNT EVEN STARTED YET NIGGER. WAIT AND SEE
>>67950886
>i dont understand what inflation is and how loans work- the post
Come back when you're taking something other than a philosophy degree.
>>67961342
???????????????????
xddD
xDxDxD
>>67961223
I will live in the mountains and make a cozy hut built for one and live out my days as mountain man. But every 3rd full moon I will venture out of my forest homeland into the city world. Then I will go into a starbucks, sit and charge my mobile device that I kept in near mint condition to log onto their free wifi and shit post rare pepes on 4chan.
>>67962174
Are you in the green Britfag?
>>67962359
am I in the green?
Do you take me for a Hibs fan?1
>>67962782
I do.
A) crypto-currency
B) gold/ silver backed currency
C) world currency
D) all of the above.
>>67962968
A and C are your only answers.
>>67963132
http://beforeitsnews.com/alternative/2016/02/ditching-the-dollar-russia-china-to-create-new-gold-market-43-3310928.html
http://www.silverdoctors.com/gold/gold-news/chinas-7000-year-old-strategy-hints-that-a-massive-move-is-coming-largest-gold-rally-of-our-lifetime-it-will-go-ballistic/
>>67963940
Inaccurate articles that will post something tomorrow about how they were wrong about this useless information.
>>67964327
It is in the realm of possibility, though I have no certainty about the future. http://geopolitics.co/2015/12/01/chinese-yuan-is-now-a-reserve-currency/
>>67952163
Pretty sure a new car back in those times was around $200
>>67965103
"The Chinese currency started trading on the Moscow Exchange in 2010. Since then, the volume of trades has grown significantly. This August Russian traders bought a record 18 billion yuan (about $2.8 billion), which is four times more than in August 2014."
I love how they're implying $2.8 billion is actually any money.
>>67965314
>notunderstanding
>heknows
>notrecognizing
>>67955700
You are right. It WAS.
Now it's legal tender, not valid for a dollars worth of gold at any bank, but legal to settle debts.
>>67950886
>>>/biz/
fuck off
>>67959252
He admits he knows nothing, and is trying to learn.
You are being an inflammatory faggot.
>>67965559
Implying economics isn't political. You fuck off. Business men are discussing important things.
>>67965784
I don't care about his lack of knowledge. I'm not his teacher, or his role model for that matter.
>>67965369
It's a significant amount over the course of one month. China has been increasing its gold reserves each month but according to multiple sources, they underestimate the actual amount to make gold seem more rare. http://mobile.reuters.com/article/idUSKBN0UL13H20160107
>>67965883
At least you'll keep acting like an inflammatory faggot, and continue to contribute nothing to the thread.
At least you're consistent.
>>67965973
Trying to trick goldstandard fucks into buying into their ruse of a market. Not even worth talking about m8. Fox News does this all the time. These websites are probably sponsored by them.
>>67966143
I appreciate that you recognize my obliviousness to your ignorance.
>>67966276
Gold has been used since before the first coin was struck around 550BC. This does not discount it as a "scheme" considering religion has been around just as long. I invest mostly in silver due to its dual role in money and industry but gold is useful in electronics as well.
>>67950973
>FIAT MONEY IS THE FUTURE
>>67951244
>>67950886
k... keep me posted
>>67957902
>Muh magic
>>67967466
Every dollar loaned by the fed is paid back with interest. To pay the interest itself, more money must be borrowed at interest creating a spiraling debt cycle dependent on exponential growth. https://m.youtube.com/watch?v=B4wU9ZnAKAw
