Subnostr

nostr:naddr1qvzqqqr4gupzqth65u2mhdrd6klxkldg6acqyek3ze6tjyacz79dmdwzuc7esue3qy2hwumn8ghj7un9d3shjtnyv9kh2uewd9hj7qgkwaehxw309ajkgetw9ehx7um5wghxcctwvshszrnhwden5te0dehhxtnvdakz7qgnwaehxw309amk7apww468smewdahx2tcpzdmhxue69uhhwmm59e6hg7r09ehkuef0qqs57m3dw35x2t25dpjkvapddanz6jr4d4skut25d9kk2ttgxashxvpe5ys64z

> Okay so today you’ve somehow managed to save enough an 1899 $20 gold coin. great! You’ve “reclaimed” two weeks of one year’s worth of 1899 human time, labor, energy, life-force. That’s what savings is: the secure storing away of your valuable time and effort so that you can have a better tomorrow.

> Imagine trying to get 25 more of those coins in order to store the equivalent of one year of 1899 human effort… You would have to repeat that daunting savings task 1,300 times in order to save fifty years’ worth of 1899 human life-force.

> In real value (the value of the gold coins today) that represents $4,550,000.

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Discussion

Marc Kat 3mo ago

I came to the same conclusion a few months ago after comparing the CAGR of gold prior to executive order 6102 to other assets.

It's just math, but the survillence state wants you to think 2+2=5.

I checked the price of gold this morning. An ounce is now over $3,800. The Mandibles/Weimar Germany vibes are eerie.

vinney...axkl 3mo ago

Every time the price of gold goes up, the points in my article there get stronger.

There is absolutely nothing to refute in the article. Like you say - it's just math.

If someone can hold a gold coin in their hand and one or two facts in their head, the only way to remain ignorant to what is going on is: willfully.

Marc Kat 3mo ago

I wasn't trying to say Aktually... I meant it's getting so bad ypu can't even write about the price of gold without the price going up before you publish.

That's concerning.

vinney...axkl 3mo ago

oh yea i knew exactly what you meant!

🫡🤝

OmniBitcoin 3mo ago

Excellent article. Prior to 1971 was there even a need for CPI or was gold just a stable measure? Something you could get paid in and the average person didn't question it's value or denomination because it would simply retain value. Now I feel like people are waking up to the debasement but it's decades too late and the thieves are already sailing away on their mega yachts.

Kevin Alfred Strom 2mo ago

They confiscated all Americans' gold in 1933. From '33 to '71 only foreign central banks could trade dollars for gold. In the mid-1960s they repudiated silver certificates and removed silver from our coins.