>On 15 August 1971, the United States terminated convertibility of the US dollar to gold, effectively bringing the Bretton Woods system to an end and rendering the dollar a fiat currency.
how can anyone pretend the U.S. didn't commit economic suicide and has been a zombie for 50 years at this point?
Oil
Every single person on this planet knows that abolishing the gold standard was a retarded decision that led to the economic decline of the US.
However it does not matter because (You) will never ever ever ever do anything at all against it.
The oil that we don't use. Fracking is easier than ever but our nepotistic government defacto leaders want us chained to countries on the opposite of the world.
We are completely floundering and have been since 1972 but that's what they need. Fiat keeps them in power one way or another. Be it war or price manipulation they can manage the world with their friends utilizing fiat. They are already making their moves and recently for the fourth time in a decade two faggots were caught price manipulating gold and silver. One of these faggots was the head man of gold and now headed to prison.
Gold and silver, like it or not, is being bought up by billionaires at an alarming rate. It's not ansecret anout blackrock, vanguard and bill "faggot" gates.
>economic decline
>us
europe is the one that declined
Wasnt the gold standard draining the gold out of the US? The abandoning of the gold standard was just a reaction to that
Not really
>The oil that we don't use.
He means that all oil is being traded only with USD which allows you to export paper in exchange for goods and services and live rich. Russia fucked up when trying to implement gas for rubles but did not implement ruble for goods to export paper which would break all sanctions.
>flag
Desparate boomer fucking ugly underage gooks in the jungle?
whats wrong with trade deficite? throwing paper money out and getting things with real value in return, how is that a bad thing?
It means you're not producing them yourslef. You become degenerate and lose the expertise to produce the goods.
The sign is a subtle joke. The shop is called "Sneed's Feed & Seed", where "feed" and "seed" both end in the sound "-eed", thus rhyming with the name of the owner, Sneed. The sign says that the shop was "Formerly Chuck's", implying that the two words beginning with "F" and "S" would have ended with "-uck", rhyming with "Chuck". So, when Chuck owned the shop, it would have been called "Chuck's Feeduck and Seeduck".
the most funny thing is when people take our paper and think it has any worth while we buy up their resources, products and gold.
slurp...
Wow, I always thought it was Cucks but upon rewarchinf after reading your comment I realise it was Chucks. So I guess the previous owner wasn't British
It's obvious. When you print dollars you can just endlessly buy shit from overseas. This shit also brings in illegal migration as it sucks the wealth from the areas we send dollars to.
>while we buy up their resources, products and gold.
Like what China does? Nice farms you got there
Slurp...
How was it financed?
Yes. OPEC would have ended up
With all the gold. And the Soviet Union would have dominated. But thankfully we printed and loaned a lot of money to Jews to fuck then over as long as possible. But maybe making Soviet Jew mob to powerful to control now.
You know what's even funnier, they then come back and buy up your country with that paper and enslave your population to the point where it's now less than 50% of the total country.
whats luxemborg produce tno? seems like a meme chart. every product is produced in China now.
The USA literally steals wealth from other countries to prop up its dead coprse, when she goes shes gonna go fast and I will be laighing my ass off
The United States has been a zombie since the White Slave Act (otherwise known as the Income Tax). So take a seat, I guess.