Recently retired, no longer affiliated with any party. Constitutional patriot listening for God’s word
as things get wors, don’t figure on my bank account , but real precious metals I hold, when it all folds, the small amount of presious metal that I have in hand will get me through
#FamilyIsEverything. APL = 7.1/10 *Authorized conspiracy theorist *Not an authorized preacher.
I thought this was a cool idea
Rafi Farber had an interesting perspective on the fall of fiat and ultimate rebalancing of the ‘price’ of metals — effectively that the only way for a market that’s seized up and become illiquid to reintroduce a metals standard is for those that have the metal to be encouraged by the market to spend it.
a short window of opportunity to get property/tangible things for a ‘deal’ in metals terms; get metal circulating back into the market, and those who made that early investment are rewarded with property in exchange.
it’s not a greed thing, or ‘look at all my stuff’, but more centered upon the necessary role of those who hold the metal to bring back a metal standard to currency, and lead the charge by reliquifying the market. it’s actually pretty darn cool - the responsibility that’s coupled with it.
