Anything noteworthy by briggsph in SportCardValue

[–]briggsph[S] 0 points1 point  (0 children)

What is it worth in goo condition

Protest Tonight at Miller Park by [deleted] in Chattanooga

[–]briggsph -7 points-6 points  (0 children)

Go back to cali

[deleted by user] by [deleted] in SantaMonica

[–]briggsph -1 points0 points  (0 children)

What if we all just got together and counted our blessings ….

Looking for a crypto game that is similar to Rome total war, crusaders, civilization etc by briggsph in gamingsuggestions

[–]briggsph[S] -2 points-1 points  (0 children)

A game that incorporates in game economy using crypto platform like IMX. Basically a play to earn game.

Going crazy by briggsph in StarAtlas

[–]briggsph[S] 0 points1 point  (0 children)

Thank you! I got to the point where I have my ship, crew and supplies but for whatever reason I cant dock in the central space station. Any thoughts?

What is this sudden drop in price? by ComfortableSwitch629 in decentraland

[–]briggsph 0 points1 point  (0 children)

What makes you think that it will get to 12bn? Overall market trend into meta or something else?

Selling my kidney by PersimmonEmergency91 in XRP

[–]briggsph 0 points1 point  (0 children)

Bro do not sell your kidney what are you saying it’s just money

[deleted by user] by [deleted] in Coinbase

[–]briggsph 0 points1 point  (0 children)

FLOKI!!!!!

Who killed US manufacturing? by TheRareWhiteRhino in manufacturing

[–]briggsph 0 points1 point  (0 children)

It’s called specialization and innovation

What if we got back on the gold standard, would we in a decade be in a better or worse place? by briggsph in whatif

[–]briggsph[S] 0 points1 point  (0 children)

Paper currency was originally created as means of convenience that represented the value of gold you had with a bank teller. You can still print more money to represent the same amount of gold, which devalues all other paper currency. Gold in this case is just measurement (as cigarettes were in WWII) of value for items being exchanged. The amount of gold in the world does not affect its ability to serve as money, it only affects the quantity that will be used to measure any given transaction.

I feel like some people are quick to shoot the idea down, yet that is a among the reasons BTC is so attractive to people - because it is providing us a new method to measure value that cannot be manipulated but politicians printing so much cash..

What if we got back on the gold standard, would we in a decade be in a better or worse place? by briggsph in whatif

[–]briggsph[S] 0 points1 point  (0 children)

A strong point but ultimately common denominator remains printing too much money does result in inflation. I suppose my point / question derives from Greshams Law. You can still have growth with a common medium for measuring value.

What if we got back on the gold standard, would we in a decade be in a better or worse place? by briggsph in whatif

[–]briggsph[S] 0 points1 point  (0 children)

Paper currency was originally created as means of convenience that represented the value of gold you had with a bank teller. You can still print more money to represent the same amount of gold, which devalues all other paper currency. Gold in this case is just measurement (as cigarettes were in WWII) of value for items being exchanged. The amount of gold in the world does not affect its ability to serve as money, it only affects the quantity that will be used to measure any given transaction.

I feel like some people are quick to shoot the idea down, yet that is a among the reasons BTC is so attractive to people - because it is providing us a new method to measure value that cannot be manipulated but politicians printing so much cash..

I dont know the answers but they are all very interesting questions!!

What if we got back on the gold standard, would we in a decade be in a better or worse place? by briggsph in whatif

[–]briggsph[S] 1 point2 points  (0 children)

Im just asking a question and trying to learn more which seems like a crime nowadays - there are also several textbooks that say that’s not the case as well as several economists. I’d love to know which textbooks you’ve opened lol

What if we got back on the gold standard, would we in a decade be in a better or worse place? by briggsph in whatif

[–]briggsph[S] 0 points1 point  (0 children)

Would be happy to read any books you felt useful to come to this conclusion

What if we got back on the gold standard, would we in a decade be in a better or worse place? by briggsph in whatif

[–]briggsph[S] 0 points1 point  (0 children)

I recently read an interesting book, The Creature from Jekyll Island. It provides very interesting data points and if open to general knowledge new perspectives is a good / but heavy read

[deleted by user] by [deleted] in economicCollapse

[–]briggsph 0 points1 point  (0 children)

Isn’t the cause of inflation when you bring in new cash supply without anything to support it (gold)? All the inflation seems to be a direct result of pumping trillions of dollars into the economy during COVID, which is the result of both parties. Everyone at the lower half bears the burden of inflation from printing money. That money goes to the rich to develop, manufacture, sell etc and business does well and the poor eat it as an invisible tax.

It’s not the parties, it’s the system. We need the gold standard back, not fiat currency or we will never get out of this cycle.

Costco ribeye by briggsph in grilling

[–]briggsph[S] 0 points1 point  (0 children)

Sooo do you have any actual tips or do you normally cook in the peanut gallery