Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: DiogenesLamp

Well that the point
Lets say I own one pound of gold...
My neighbors around me have no gold but they create things build houses grow crops build businesses ect.

the wealth of the world has increased but we’re saying since gold sets as the standard of the wealth of the world the value of my gold increased while I did nothing

There can’t be a direct 1:1 relationship if you increase the wealth of the world. You have to increase the wealth of the world you account for on the books

Reality is gold is a zero-sum game the wealth of the world never increases everybody trying divvy up the same static slice of the pie that never grow that’s how leftist view the world ... static wealth


13 posted on 12/29/2016 3:04:43 PM PST by tophat9000 (Tophat9000)
[ Post Reply | Private Reply | To 8 | View Replies ]


To: tophat9000
the wealth of the world has increased but we’re saying since gold sets as the standard of the wealth of the world the value of my gold increased while I did nothing

When your cows grow fat, and your trees bear fruit, what have you done?

Reality is gold is a zero-sum game the wealth of the world never increases everybody trying divvy up the same static slice of the pie that never grow that’s how leftist view the world ... static wealth

Even if your argument is true, which I currently dispute, how is this worse than this system which created trillions in waste and enriched countless non-productive robber barons?

Do you have any idea of the waste and destruction which has been created by fiat currency manipulation? The primary cause of the destruction of nations begins with debasement of the currency.

14 posted on 12/29/2016 3:37:44 PM PST by DiogenesLamp ("of parents owing allegiance to no other sovereignty.")
[ Post Reply | Private Reply | To 13 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson