khaine21x3

Everyone always made fun of me because I considered learning the most important part of any experience.

QFT

Learning is most important experience in life and many people fail to see the beauty of learning just for the sake of gaining more knowledge.Most people see it more of a hurdle which they have to pass to make money which is a flawed perception.

I know exactly how you feel, I hate the thought of existing in this world but I have to continue doing so and I try to motivate myself to go on by thinking that it might get better by some luck or miracle.

stay strong and continue to live

Yes you are but that's what makes your post so entertaining to read.

It's all about maximizing profits so banks and box retailers have to cut down on employees, still beats working black friday shifts at box retailers where dozens die every year.

The poor should help themselves instead of relying on welfare and charity.

Is a deflationary depression truly easier to get out of than an inflationary depression? that would depend on many factor and it's not always true

is inflation a bad thing? not always unless it's hyperinflation

Hitler fixed hyperinflation and created 97% employment but why couldn't american government fix unemployment and dropping living standards? it has to do more with lobbyist and corruption along with the lying media then manipulation of statistics to show lower unemployment rate

The lobbyist will suck you dry no matter what monetary system you use and it was the main reason that the banking regulations were removed which enabled the bankers to cause economic meltdown.

The corruption(lobbying) causes unemployment which contributes to reduced production of goods&services and thus making the fiat money less valuable.

There could be reforms to minimize lobbying power but it will be impossible to get rid.

Gold standard or even mixed with silver isn't a completely bad idea but they're not immune to manipulation and the invisible hand does not solve everything as there are too many variables.

here's a simple example:

Some rich bankers bought out all the goods in an area under a gold currency system and they hoard items for the sole purpose of giving the perception that there has been a massive increase in gold supply, they have the media bought out to report the news the way they want em to.

There would be panic and people will hoard goods then they will want a lot more gold for their goods

I could write a more detailed example of how prices could be manipulated under a gold backed or gold currency system by people with bigger capital and control of the media

Think it won't happen? it already did in the past

They will always be useful for personal investment but as an monentary system imposed by government, it doesn't really matter because that's not what drives an economy.That's why the idea behind classical mercentalism was abandoned in favor of free markets.

I'm still alive today because I had gold bars during the hyperinflation

The thing is, you have no idea how much the gold/silver supply is and people would raise/lower prices based on tv 'news' and whoever controls the media and banks could manipulate public perception on the supply.

Do you think that it's a coincidence for the prices of gold to skyrocket?

People put up bogus estimates of gold/silder and oil reserves all the time to manipulate prices and all that really determine their prices is public perception which are easily manipulated.

I've actually lived through a hyperinflation period tho the people here didn't have guns when it happened.

They are precious because people think they are, gold and silver aren't really that useful and humans just like shiny things.

If the economy and government collapse, I think that weapons and ammunition will be worth lot more than gold&silver and ammunition could even become the mainstream currency.Criminals want them to rob stuff and good guys want to use em for self defense.

If guns weren't an option then I rather have a mixed bag of currencies and some self sufficiency equipment as well food supplies that could last a decade or so without decomposing or harming people who eat them.

Check out how Hitler restabilized the mark within few short years when the money was worse than zimbabwe at the time and people were using them as woodfire and toilet paper.

Gold and silver are just as useless and there had been times in history when stones, sticks , rocks , shellfish or even bronze being used as currency.Having a gold standard doesn't actually mean anything despite what some austrian economists like ron paul claims.

The problem with paper money is the temptation for governments to manipulate the volume for unethical purposes and lack of regulation for banks, even nationalizing all banks might not be such a bad idea.

Iceland was the only country to ever make banking reform to what you described then they proceed to jail the bankers and nationalize the banks.

Money doesn't necessarily need to be backed by anything other than labor, goods and resources but it's only fair for everyone if there is a sound monetary policy and baking system.

Even sharia banking is a lot more sound than the mainstream banking which IMF is pushing.

There's always lots of other opportunities, sticking with a job you hate don't seem worth it.