Gold vs Fiat

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searcher said:

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Maybe it's the economy pricing our work lower.

Lower productivity; partly because important manufacturing has been Outsourced by Davos Man and other forces. Fast-food work, or financial money-manipulation, is not priced so importantly when measured against constant stores of value.

Take note. This is the endgame of our debt economy, the house of cards it's wound up to. Our standard of living is going to drop, seriously.

Meantime: Back in the mid-19th Century, the average working man, farming, working on steamboats or docks, or maybe as a teamster driving mules...he'd make about $20 a month. Almost a dollar a day.

Now, that ounce of gold in a $20 coin, would be worth about $4200. Which is an expected salary for a skilled non-union worker, or a lower-level manager, or even some independent contractors, today.

The problem is not a scarcity of gold. The problem is that of unrealistic expectations, fed by two generations abusing the World's Reserve Currency, debasing it, turning it into fiat.

In the mid- and late- 19th century, men would leave families and risk life to try and find gold. Their families barely had roofs and food, much less the finer things.
But what they did have was freedom.

Bŕrrrrrrrrrrrrrrr

KnowWhy said:

In the mid- and late- 19th century, men would leave families and risk life to try and find gold. Their families barely had roofs and food, much less the finer things.
But what they did have was freedom.

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That's a complicated issue. It's tied to the feminization of our culture...where it stresses safety and comfort, over freedom and competence.

Great (and timely) article explaining just this:

Casey Jones said:

That's a complicated issue. It's tied to the feminization of our culture...where it stresses safety and comfort, over freedom and competence.

Great (and timely) article explaining just this:

The Great Feminization

In 2019, I read an article about Larry Summers and Harvard that changed the way I look at the world.

www.compactmag.com

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Gold vs fiat is a complicated issue. I believe we are all pretty well-off in most ways except freedom. Especially freedom to be men.

That is an easy-to-read article you linked, and no advertisements. Nice

KnowWhy said:

Gold vs fiat is a complicated issue. I believe we are all pretty well-off in most ways except freedom. Especially freedom to be men.

That is an easy-to-read article you linked, and no advertisements. Nice

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Yes. The complicated subject, is WHY. Moar complicated is, how do we convince today's gelded cucks, that they're better off as free men, even while facing hardships?

I get a laugh over the guys I know who have these fat bank accounts and actually think they actually own something. They think they own the same dollar they owned in 1965.

They think they have wealth when in reality they have shit. They own paper confetti and nothing that happens or you can tell them convinces them different. No matter how many $300 weekly trips to the grocers for two will convince them. Thats how strong has been the bond between us and the $USD. We'll be buried with the frucking things.

The reality is the almighty dollar is more like the almighty dime. Wrigley Field 1970.