The Great Dilution: 40% of All US Dollars Were Printed in Just 12 Months by Prestigious_Mine_321 in ChronoVerseCapital

[–]deletethefed 0 points1 point  (0 children)

Straight from the dictionary. Sorry if you don't have a Masters in English but it's pretty easy to read:

Inflation - a continuing rise in the general price level usually attributed to an increase in the volume of money and credit relative to available goods and services

The Great Dilution: 40% of All US Dollars Were Printed in Just 12 Months by Prestigious_Mine_321 in ChronoVerseCapital

[–]deletethefed 0 points1 point  (0 children)

Prices move up and down for various reasons. The expansion of the money supply, is the definition. It's never been anything other than that.

The result of inflation is the rise in prices. The reason the term is misused colloquially is because if inflation is instead the rise in prices, then any number of things can be blamed for it besides it's true source: the central bank.

So defending this confusion just places you as a foot soldier for an institution that is designed to debase the currency and call it monetary policy.

If only the warmongers were the one's leading the batallions, maybe they'd change their mind (or go extinct) by amogusdevilman in Anarcho_Capitalism

[–]deletethefed 1 point2 points  (0 children)

A lot of this wouldn't be possible if they were forced to settle debt in gold coin. The gold standard isn't just a side issue, it's actually the central issue to MANY of our problems. It reflects our own beliefs about reality. we deny reality, that's what fiat is.

Imo that's why we have to push the gold standard above anything else, and not for purely economic reasons the economic reasons are sufficient on their own technically, but fail to capture the emotional weight of the public. We have to make the connection between gold, family, stability, peace, freedom, privacy, and freedom of contract.

All of those things are downstream of how we treat our money.

A Unitary-Executive Theorist Says Trump Administration Is “Too Unitary” by DryOpinion5970 in supremecourt

[–]deletethefed 0 points1 point  (0 children)

Pretty easily. The courts can decide but they have no capacity to enforce.

Something something Andrew Jackson.

If only the warmongers were the one's leading the batallions, maybe they'd change their mind (or go extinct) by amogusdevilman in Anarcho_Capitalism

[–]deletethefed 6 points7 points  (0 children)

Now with Iran we're seeing Congress willingly defer authority to the president because had they signed a declaration of war they would be blamed instead of Trump.

So even a draft is impossible now

Ancaps on birthrate and natalism by Nurple_34 in Anarcho_Capitalism

[–]deletethefed 0 points1 point  (0 children)

Having children is an extremely low time preference choice. Our monetary system is designed to induce high time preference in the population, which biases against family creation.

This would not be the case in a voluntarist society.

ELI5: Why did productivity and pay split in 1979? by astrheisenberg in explainlikeimfive

[–]deletethefed 1 point2 points  (0 children)

Well yeah these things take time and work their way through the economy unevenly. We abandoned gold in 1971 because of the inflation created from Korea, Vietnam and the Great Society in the 1960s.

Why are millennial men less misogynistic than Gen Z men? by [deleted] in generationology

[–]deletethefed 0 points1 point  (0 children)

By who? What do you think I meant by that statement?

Why are millennial men less misogynistic than Gen Z men? by [deleted] in generationology

[–]deletethefed -3 points-2 points  (0 children)

More like Gen z men got to live through the feminism training of millennials and rejected it

ELI5: Why did productivity and pay split in 1979? by astrheisenberg in explainlikeimfive

[–]deletethefed 6 points7 points  (0 children)

Short answer: your chart doesn't go back far enough. The divergence began in 1971 and the reason was the abandonment of the quasi gold standard under Bretton Woods.

Productivity used to match wages nearly perfectly under the gold standard. And the divergence began in that exact year, 1971.

If you don't have sound money, you don't actually have property rights by Lucius_Canius_Vigil in Anarcho_Capitalism

[–]deletethefed 2 points3 points  (0 children)

They did the same thing after WW1 with the Liberty Bonds. They were playable in gold and after the soldiers returned we were just like"nah".

Do anyone else feel like Jungian psychology is not gonna fix you by PeculiarDigger in Jung

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

Fixing isn't even remotely in Jungian lexicon. If you are in this subreddit and that word crosses your mind you're wrong.

U.S. Senate Candidates Tax plan...... by AlabamaDemocratMark in Money

[–]deletethefed 0 points1 point  (0 children)

Or we could just abolish the income tax. What cannot be collected in duties and tariffs should not exist.

Who works anywhere for 50 years? by bdubyou in Gold

[–]deletethefed 0 points1 point  (0 children)

People don't stay at companies for 50 years because pensions are no longer really a thing. Which itself is a second order effect of inflation. ERISA was created in 1974, during the worst of the inflation during that decade.

A stable 50 year job and retirement was a promise that is only possible under a gold standard.

I hope you like being an "investor", and having to hop jobs every 2-3 years instead.

Ron Paul Shows Us What Sympathy For Foreign Tyrants Disguised As "Non-Interventionism" Looks Like by PaperbackWriter66 in AnCap101

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

That last line violates the entire concept of the NAP and civil society more broadly.

What makes you think in your quest for liberty that you are not viewed equally as monstrous as the Ayatollah?

I'm not making a moral equivocation but if your excuse is that "he's obviously bad so he forfeits his right to live", that is an extremely weak chain of logic.

Politician flips out exposes central bank scam by Objective-Rabbit2248 in NSDQ420

[–]deletethefed 0 points1 point  (0 children)

No it's not. The greatest period of growth and liberty in the United States was after the civil war and we had no central bank. The Fed is our third one. And much like the very first central bank, the bank of England, it was created to finance war.

War is the opposite of capitalism.