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Joined 3 years ago
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Cake day: June 9th, 2023

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  • It’s fucked to tell the citizenry they can’t have silver and gold and they have to turn it all in, only to allow it at a markup shortly after.

    But I don’t think pegging the dollar to gold makes sense in the modern age. Do we really want our monetary supply to be upended when a new gold deposit is found? Obviously our current monetary policy of “print more more bro” sucks, but I don’t feel like gold backed is the way either.