August Prediction

[Rage Against the McKee]

I've had a soft spot for Ron Paul ever since he cited a historical fact at a debate and got booed.

BOOOO facts! BOOOOO history! All the history I need to know is best country EVER. That means in aaaaaall history, rendering the rest obsolete.

Yeah, I can't help but like Ron Paul, either.

[LickNeckey]

Monetary insanity. Right. It's not like we owe 16 trillion to a made up bank and China or anything.

yes, basing your monetary supply on how fast we can dig arbitrary metals out of the ground is insanity.  as i understand it, even paul acknowledges that.  still, you listen to him talk, and you can't help but think that right beneath the surface his goldbuggery is still lurking, ready to spew out in any moment of weakness.

I've always laughed at the fiat v. specie based money supply argument.  One side says money is worth something because the government says so, the other wants some collateral.  You tards can pick your side to that argument and call each other tards.

HOWEVER, to say gold is an "arbitrary metal" is beyond Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!).  goodness gracious Sys 

All those "crazy" gold hoarders are sitting on an "arbitrary metal" worth $1600 p/oz in useless/perfectly valuable currency. . .

What do you do with the hoarded gold when the financial apocalypse hits???

Shave chunks off to trade for bread and cigs?

[Rage Against the McKee]

Monetary insanity. Right. It's not like we owe 16 trillion to a made up bank and China or anything.

yes, basing your monetary supply on how fast we can dig arbitrary metals out of the ground is insanity.  as i understand it, even paul acknowledges that.  still, you listen to him talk, and you can't help but think that right beneath the surface his goldbuggery is still lurking, ready to spew out in any moment of weakness.

I've always laughed at the fiat v. specie based money supply argument.  One side says money is worth something because the government says so, the other wants some collateral.  You tards can pick your side to that argument and call each other tards.

HOWEVER, to say gold is an "arbitrary metal" is beyond Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!).  goodness gracious Sys 

All those "crazy" gold hoarders are sitting on an "arbitrary metal" worth $1600 p/oz in useless/perfectly valuable currency. . .

What do you do with the hoarded gold when the financial apocalypse hits???

Shave chunks off to trade for bread and cigs?

I would assume they plan on trading it for currency.

[Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!)]

Monetary insanity. Right. It's not like we owe 16 trillion to a made up bank and China or anything.

yes, basing your monetary supply on how fast we can dig arbitrary metals out of the ground is insanity.  as i understand it, even paul acknowledges that.  still, you listen to him talk, and you can't help but think that right beneath the surface his goldbuggery is still lurking, ready to spew out in any moment of weakness.

I've always laughed at the fiat v. specie based money supply argument.  One side says money is worth something because the government says so, the other wants some collateral.  You tards can pick your side to that argument and call each other tards.

HOWEVER, to say gold is an "arbitrary metal" is beyond Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!).  goodness gracious Sys 

All those "crazy" gold hoarders are sitting on an "arbitrary metal" worth $1600 p/oz in useless/perfectly valuable currency. . .

What do you do with the hoarded gold when the financial apocalypse hits???

Shave chunks off to trade for bread and cigs?

While it couldn't be more obvious I didn't choose a side in this frivalous argument I did make a glib comment that clearly flew over everyones head.

To answer the question posed, probably yes. It's likely shavings of gold would fetch more bread than soiled pieces of paper stamped "legal tender".

[mortons toe]

Monetary insanity. Right. It's not like we owe 16 trillion to a made up bank and China or anything.

yes, basing your monetary supply on how fast we can dig arbitrary metals out of the ground is insanity.  as i understand it, even paul acknowledges that.  still, you listen to him talk, and you can't help but think that right beneath the surface his goldbuggery is still lurking, ready to spew out in any moment of weakness.

I've always laughed at the fiat v. specie based money supply argument.  One side says money is worth something because the government says so, the other wants some collateral.  You tards can pick your side to that argument and call each other tards.

HOWEVER, to say gold is an "arbitrary metal" is beyond Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!).  goodness gracious Sys 

All those "crazy" gold hoarders are sitting on an "arbitrary metal" worth $1600 p/oz in useless/perfectly valuable currency. . .

What do you do with the hoarded gold when the financial apocalypse hits???

Shave chunks off to trade for bread and cigs?

Gold for large purchases (home, car, etc...), and silver for small barter???  That was hard to think 5 seconds about 

[p1k3]

Monetary insanity. Right. It's not like we owe 16 trillion to a made up bank and China or anything.

yes, basing your monetary supply on how fast we can dig arbitrary metals out of the ground is insanity.  as i understand it, even paul acknowledges that.  still, you listen to him talk, and you can't help but think that right beneath the surface his goldbuggery is still lurking, ready to spew out in any moment of weakness.

I really think Ron Paul is just trolling when he talks about the gold standard. I mean yeah it's pretty much not feasible, but then again we probably wouldn't owe $16,000,000,000,000 if we were on it.

We also wouldn't have the luxury of enjoying the highest standard of living in the world if we were on it, either.

Perhaps. Fwiw I think parts of Europe have a higher standard of living than we do, and they're also on the brink of economic collapse.

I'm just unclear about what happens after this economic collapse. Looking at debt as a percentage of GPD, the countries that fall under 10% are as follows:

Algeria
Azerbaijan
Chile
Equatorial Guinea
Estonia
Gibraltar
Kuwait
Libya
North Korea
Oman
Qatar
Russia
Saudi Arabia
Uzbekistan
Wallis and Futina

Almost all of those countries are crap holes, and I really don't think that economic collapse is going to make Greece less appealing to live than the countries on that list. I'm not saying that debt is not a serious issue, but I'd rather live high in debt and then face an economic collapse than spend my entire life in some third world country.

Well yeah, I doubt Europe will become the new Africa. However Greece is electing Neo Nazis and Socialists while France elected a Socialist too. Who knows what will happen.

I've had a soft spot for Ron Paul ever since he cited a historical fact at a debate and got booed.

BOOOO facts! BOOOOO history! All the history I need to know is best country EVER. That means in aaaaaall history, rendering the rest obsolete.

Yeah, I can't help but like Ron Paul, either.

"Our bad relationship with Iran started when we overthrew the Shaw in 1953 and hence 9-11 is blowback from this and other..........."

"BOOOOOOOOOOOOOO America is the best! We've never made a foreign policy mistake in HISTORY!!!"

[felix rex]

Did Ron Paul call 9/11 blowback from our 53 coup? I would boo that. The debate I'm thinking of was when he said our decision to protect our oil interests by ousting a democratically elected leader was the beginning of current Iranian animosity.

Booooo! Our actions have consequences? Boooooo!

[Rage Against the McKee]

Did Ron Paul call 9/11 blowback from our 53 coup? I would boo that. The debate I'm thinking of was when he said our decision to protect our oil interests by ousting a democratically elected leader was the beginning of current Iranian animosity.

Booooo! Our actions have consequences? Boooooo!

He was also booed for referencing the golden rule.

[HeinBallz]

Did Ron Paul call 9/11 blowback from our 53 coup? I would boo that. The debate I'm thinking of was when he said our decision to protect our oil interests by ousting a democratically elected leader was the beginning of current Iranian animosity.

Booooo! Our actions have consequences? Boooooo!

Not '53 but middle east intervention in the mid '90s




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[p1k3]

Did Ron Paul call 9/11 blowback from our 53 coup? I would boo that. The debate I'm thinking of was when he said our decision to protect our oil interests by ousting a democratically elected leader was the beginning of current Iranian animosity.

Booooo! Our actions have consequences? Boooooo!

Not '53 but middle east intervention in the mid '90s




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I think we're thinking of the same debate, im just mis remembering. Regardless the '53 coup is when the CIA coined Pauls favorite term: Blowback.

[HeinBallz]

I think he's used 53 as an example for something but I'm pretty sure it wasn't 9/11


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