A Visual Argument for Gold Over Fiat Currency
This meme presents a comparative look at how the value of real estate is perceived versus how it might be interpreted through the lens of gold-backed economics. The top panel shows a house with an upward-trending line, representing the common perception of rising property values. The bottom panel suggests an alternative perspective, where the house's value remains stable relative to gold, while the value of the dollar (represented by the downward-trending green line) declines. The image serves as a commentary on inflation and the argument that gold acts as a more stable store of value than fiat currency, which the creator dismisses as a mere contract.
Gold was a good currency material when it was useless, and people just liked it for being pretty. Now that gold is a material with tangible practical purpose, it absolutely should not be the material behind currency. No substance we use for something other than money should be ou
Gold is only money because rich people will buy it. When the MegaShit will hit the fan, no one will vare about your gold. It can't be eaten or burned for heat. Invest in shotguns and canned food. Study agriculture. Befriend people with trade skills. Gold? That shit is worthless i
Ok Ivan
lawyer here gold is bullshit too. also, you need a contract (sell it) to realize its value pro legal hint: Lay not up for yourselves treasures upon earth, where moth and rust doth corrupt, and where thieves break through and steal: But lay up for yourselves treasures in heaven, w
An ounce of gold is still an ounce of gold - the price of gold hasn't gone up, the value of the dollar has gone down which is why any country that tries to peg thier currency to the gold standard can expect regime change/US bombs, ask Saddam or Quaddafi how that idea goes.
technically. Houses got cheaper if compared to gold
Gold doesn't have any intrinsic value either. It's a contract too. The only things that have absolute value are bare necessities: food, shelter, medication, etc.
“By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.” - John Maynard Keynes, The Economic Consequences of the Peace Democrats and Republicans are all Keynsians.
Here, fixed it for you