How is any of that stuff different from the gold standard?
Discussion
Because in a gold standard, there is no central authority that controls it.
If it was 2024, China wouldone and own it, the US, Russia, African countries, etc ....
Trade would happen in gold, and sanctions couldn't happen. The US couldn't force countries to buy bonds, etc..
It seems like you're just talking in circles and not making sense. How is there more of a central authority that controls oil than there was with gold? It is 2024 so if what was 2024...
On a real gold standard there is no central authority. So I have no idea what you are talking about.
If the people with guns dealing with gold and following orders didn't count as a central authority then how come having guns and dealing with oil and following orders makes people count as central authorities on oil now?
Because every country and person trades at will in gold.
Currently, 90% of the world's trade has to get the blessing of the United States.
I'll go ahead and peace out, you have a lot of reading and research to do on how past and present monetary systems work.
I'm not going to go back and forth on global monetary theory with someone that doesn't't understand the current systems of trade. No offense, but not worth my time to further this discussion.
Have a good day.
Lol ok retard
Bro, I tried to be nice. You have a 10th grade understanding of global politics and the monetary systems. You have no idea how things work, yet instead of wanting to be educated and discuss, you keep spouting irrelevant dribble that makes no sense in the current control systems.
I partook for a while, but finally had enough.
I ended it politely, and now you act as a child. Amazing.
Looks like NOSTR is becoming X 😂
*mine and own it