The Gold Standard

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The People’s Gold Standard

Across Russia, household wealth is undergoing a transformation. Citizens who once saved in euros and dollars are now accumulating small bars, coins and jewellery.
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Who's the Boss​

Dec 14, 2025
The answer seems clear to me


3:07
 
People think the Roman Empire fell due to smelly Germanic savages over running the Republic making its last stand at the gates of Rome.

The truth is the Empire whittled away over the course of centurys due to economic policys, over spending, inflation, and general greed and poor money management. Pretty much how every Empire has fallen. England used a brilliant strategy to control the worlds sea lanes and economies in the 17'th/18'th century. They controlled Asia by allowing creating of a private, Royalty approved, semi-Govt. called the East India tea company that used and manipulated the two commodities that held worth even above the hatreds and distrust of the Asian power centers. I'm talking about China's opium and Japans silver.

At the time Japan was the worlds largest silver mine, the The Iwami Ginzan mine near Oda Japan. Silver was the key currency in Asia, Korea, China, and India most of all went ga-ga for it. So much so they forgot ancient hatreds to trade for it and Japan controlled fully 1/3rd of the worlds silver for a time as the mine operated from 1526 to the early 20'th century. With silver as the wealth the English controlled the tea in India, the silks and opium in China, the rice in Korea. And they kept the market manipulation numbers to themselves. To achieve this the Brits used private merchants, mostly Dutch, and a huge private Navy/Army under control of the East India Co. to run the Spanish and Portuguese out of Asia, those two being two more Empires crushed by their own economic policys of over-spending and inflation.

And so it goes. Empire rise and they all fall following the same pattern of over spending, money devaluation, make believe economics. It felled the mighty Soviet Empire. The Modern Empires of France and Italy in Africa and Asia. Adolf Hitler was forced to attack early because he had to steal as much as he could to cool down inflation from the rapid military rearmament the Reich did without having real money to pay for it. The economy of Germany would have fell apart otherwise.

I'm trying to think of exceptions to this inevitability but I just can't. And gold, silver, food, and other commodities , were always part of the rise and downfalls. A Nation rich in gold was always a target for jealous neighbors and still is. Always it was the first thing stolen. Silver was always the most common money whose worth would deteriorate with bad economic policy. The current reality really knows no equal due to silvers demand in Industrial uses in next generation technology but I think the general historical blueprint will largely remain the same. The difference is gold and silver are the safe hedges to the falling fiats and not the moneys going over the cliffs themselves. That is the difference today.

May we live in interesting times. I don't know what the future holds but I don't think it will be 100% like the past. Were breaking new ground today as economics shift under our feet. Hell, I don't know what to do and would be lying if I told you I did.
 
The common thread seems to be a degradation of the Political (leadership) Elites.

Rome started with Romulus and Remus, moved on to Julius Caesar, and then found itself run by Nero. Even that wasn't the end - to quote Adam Smith, there is a lot of ruin in a nation. Meaning, it takes time to destroy it with government malfeasance.

Nero wasn't enough. It took Caligula, a royal family tree that ran straight up; the conversion of the Senate from a leadership body into a drunken social club. It took clipping coins, bread and circuses, and welcoming hostile barbarians in huge numbers, into the city, to eat out their substance.

We've done most of them, with the addition of hypergamy and schemes of the Elites to REPLACE the ethnic groups who oppose this Idiocracy.
 
We need the Gold Standard.

We will never GET the Gold Standard.

Why? Because "we" - meaning government and the Elites - NEED inflation. Inflation makes the government debt manageable, so they can borrow MOAR - to pay off moar Somali Learing Centres; or moar Haitian shelf-empty-EBT-rich groceries in Boston.

So the Elites can borrow moar on margin and buy up MOAR ASSETS.

And that, too, is why the Elites are indoctrinating kidlets to immerse themselves in Endless Debt, from the day of their first job. From before, with insane borrowed tuition rates.

THE DOLLAR MUST DIE, AND ALL THESE PSYCHOPATHIC POWER ELITES WITH IT.
 
Casey Jones said:
...
We will never GET the Gold Standard. ...
Click to expand...

Not formally. Not willingly. But China and the BRICS+ (a significant percentage of the world's population) is working to establish it in effect again. Those clinging to the dollar milkshake will eventually be drinking from the dollar portapotty.
 
Just wish I had the bug-man's faith.

We will probably be on a precious-metals monetary system; but it will take a revolution, the kind that will make the Jacobins look like Animal House fratboys...it will take that kind of upheaval, probably including erasure of the Untied Skates, to make it happen.

I don't look to China for any more than temporary leadership. China is the poster nation for authoritarian dictatorship. When it benefits the Party Elites, they will again try fiat, and currency and capital controls (e.g. no exporting of currency, vis-a-vis USSR 1945-80).
 
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