the only physical currency should be pure gold and silver

>>140258045
Unrefutable

It's much more practical to use bank notes backed by finite gold

>>140258045
what is the value of an atom of gold?

>>140258045
Don't be a retard. Argue for a return to the gold standard, that's alright, but don't defend the idea of walking around with gold coins in our pockets like this is D&D, you autistic faggot. You can have gold in the bank and still use paper money for everyday exchanges.

>>140258286
so they can print more and more notes without gold to back them up, like what is happening now?
good goy

>>140258484
see>>140258513
>>140258513

>>140258513
Is that what I said?

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>>140258045
Well, then things go to shit, Gold and Silver won't mean anything. Good luck being able to protect your homestead with a bar of gold. And good luck feeding your family with a stick of silver.

>>140258626
no, but paper money eventually leads to inflation by the same cause i explained

>>140258967
if you already spent your gold on weapons that shit won't matter
no currency survives a SHTF scenario, thats when you go into bartering.
but as long as shit has NOT hit the fan gold and silver are the only true currencies.

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>>140258466
Whoever does this we expect the answer in units of pic related.

>>140258466
1.77 x 10^-23 usd

>>140258513
I knew you were going to go with full-reserve banking, you fag. Any ancap defending that stuff knows shit about basic accounting: deposit and loan are not the same legal figure. We don't deposit our money in the bank, we loan it to them in exchange for a percentage. There is more than enough legal material on this issue.

What's more: full-reserve banking would harm credit for innovative/disruptive ideas by slowing to a crawl the process that turns loan into physical deposit that then can turn back into loan again.

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>>140258045
i literally cant. its in the constitution.

>>140258045
>using a mineral as currency
Each country should have their own form of money. There should also be an international market currency.

>>140258045
it will be better used in high end electronics than sitting in your safe.
How can you be that dumb?

>>140258045
Irrefutable
Platinum, Gold and Silver, maybe copper for cheap shit.

the jews have domesticated the earth though, made us stupid. There's no cure for stupid.

>>140259630
Spoken like hardened jew cuck

What about copper/brass?

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>>140259918
Fuck off, you'll hardcore Austrian motherfuckers need some accounting 101.

>>140259969
these would be good for cheap things like cheeseburgers and candy bars

>>140259969
Came to this thread to post this.

Was there any gold trade in Mad Max? Not a rhetorical question, I actually haven't seen the originals.

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>>140258045
>the only physical currency should be pure gold and silver

I would tweek that slightly, to

>The only thing that is real money, is gold (and to a lesser degree, silver)

Everything else, from paper money, to digital money like credit cards, bank accounts etc, are virtual, or "pretend" money.

Gold is real money, and nothing else.(except silver, to a lesser degree)

>>140258045
>Go into bank, take $10,000,000 in fiat currency with no effort

>Go into bank, try to take $10,000,000 in Gold, leave with broken back.

>>140260333
and property.
don't forget, land is very valuable.

>>140258045

22K gold coins also acceptable.

>>140260334
So the concept of bank notes is foreign to you I take it?

>>140259838
exactly, it will always be entering and leaving the economy through mining and manufacturing, meaning a nice and predictable, steady currency.

>>140260523
no, just they shouldn't exist.

>>140260523
How does that solve the Jewish banker problem?

>>140259391
kek
>>140259392
but what is that in pictohitlers?

>>140260523
see
>>140258513

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>>140259252
>>140258967
You are both completely wrong, and sadly stupid. When the Zimbabwe dollar crashed in 2009 (era) and the country went full SHTF, the Zimbabwe paper money went to zero value.

Roaming caravans of smugglers smuggled in bread, to sell, and they sold the bread ONLY FOR FUCKING GOLD. YOU HAVE NO GOLD? YOU STARVE TO DEATH, THIS IS THE LESSON OF HISTORY.

There is a video called "Zimbabwe bread for gold" but Schlomo took it down, don't want the sheeples finding out about money do we?

And they were selling the bread for fair value, about three dollars worth of gold, for a loaf of bread, smuggled through and entire collapse scenario. Imaging five or six tiny grains of gold, like sand on the beach size, for one loaf of bread.

Fair honest value for both parties, except for those people with no gold, they starved to death, as always throughout history

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>>140259630
fucking juan KYS
with full-reserve banking (not fraudulent banking) the credits and investments rates of return would be far superior than now where every fucking penny is bullied into retarded risks by the monetary expansion/inflation

The interest rates doesn't flow accordingly with the circumstances of the savings and industrial phases

So no, it would not slow investments for innovation, it would slow investment for stupid shit that is no priority to how nature works out.

>>140258513
It's simple. We audit the banks. If we find that they're printing unbacked currency, then we hang them and their families from lamp posts.

you can use whatever you want for currency. that's for the people to decide.

>>140260334
>>Go into bank, take $10,000,000 in fiat currency with no effort

Completely impossible.. Try it and the IRS will be there to empty your entire account, unless you are a major bank yourself, or top boxer or rapper with IRS approval.

>>Go into bank, try to take $10,000,000 in Gold, leave with broken back.

500 pound of gold? Pick up truck, and couple of top lads for security and they can do it very easily. (Note the IRS as always will probably be there to steal half of it)

Deposit your gold in a bank, you will probably never see it again. Hello 1933?
>>>
> and property.
> don't forget, land is very valuable.

Land is not money. You cannot throw your farm in a backpack and run for the border when antifa takes over, and makes a law full asset forfeiture of all treasounous kulak farmers. Gold you can throw in your backpack, and blast off in your private jet for the border. (or your old Jenny, whatever your escape vehicle may be)

>>140259749
I feel like this would be retarded but I like it

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>>140261457
and who will audit the banks?
explain where would we find a bunch of uncorruptible guys?
remember, currently the auditors are paid about 1000x less that the banks' CEOs

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>>140261264
Well of course gold is going to matter when a bunch of people outside the SHTF scenario come in to do business. They at least have to ability to come and go as they please. The people inside the situation are going to trade essentials for essentials. Otherwise, Guns/Ammo will get the essentials for them, if they have the numbers.

>>140258045
fpbp
There has even been research about it, there is
no best currency, than gold/silver.

>>140258045
gold and silver has no inherit value which would make it essentially the same as paper money, governments would still dictate how much it is worth. the only economical system that will always work is trading, even if the government collapses there will still be people who need something and will be willing to give you something in return of what they want

>>140260744
>>140260847
>>140261224

Oh, I see. You're retards.

>>140262255
In Zimbabwe collapse 2009, the people were down to "THEY HAD NO ESSENTIALS LEFT TO TRADE" "THEY HAD LITERALLY NOTHING" Mugabe had driven the entire nation to poverty, and off their own land (to steal for Mugabe's henchmen and government insiders)

And special you is not going to take out a 50 truck convoy of Mad Max survivor mercenary smugglers either.

But if that one guy had three dollars worth of gold, he ate that day and lived. Ten dollars and you stock up and feed your whole family.

Couple nukes go off in a key cities here, we may go full Mugabe ourselves. Hope you have some gold, or a hot sister to sell, brother.

>>140261389
>it would slow investment for stupid shit that is no priority to how nature works out
Knowing what is stupid shit and what isn't is a bit of a fatal conceit, wouldn't you agree? Risks are what foster disruptive tech into the market, we wouldn't have Google without the dot com madness of the late 90s, faggot. And again: loans and deposits are not the same, there is nothing fraudulent (per se) in the loan contracts being offered right now by the banking system.

Let's go even further: we live in ancapistan now and we operate a bank. Are we somehow breaking any kind of moral law by offering a contract to our clients where we take their money with the open intention of loaning it to a third party and they make some money out of it on top of being able to use our services to exchange this "debt" we now have with them with other clients of ours (or even clients of other banks offering the same service!)?

>>140258045
Linking your currency to the world market price some random hunks of metal is retarded.

Fiat works fine, but congress should control the printing of money.

>>140263482
>Oh, you saved several pounds of gold during the good times and now want to spend it during a catastrophe? That'll be 1lb of gold per loaf of bread, please.

See: German women trading all their jewelry for a couple days worth of food circa 1945. Have fun with your shiny shekels.

>>140258513
>what is nazi germany economy
leave it to the anfag to now know anything about national socialism
>inb4 explain to me what a labor backed currency is otherwise your point is invalid

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>>140258045
Put your money where your mouth is faggot. Invest in it then.

>>140263803
>>Oh, you saved several pounds of gold during the good times and now want to spend it during a catastrophe? That'll be 1lb of gold per loaf of bread, please.

Something which has never happened, throughout all history. Fully made up retardation by imbeciles who do not understand gold or money.

>See: German women trading all their jewelry for a couple days worth of food circa 1945. Have fun with your shiny shekels.

Again, something you made up, out of your ass. And even if it were true, they would be the ones to survive the last couple days of WW2 while those without gold starved and died.

Even if one loaf of bread costs a pound of gold, I will still live while you starve (but this isn't how it works. 5 grains of gold, three dollars worth, buys one loaf of bread, in reality, Zimbabwe history, not your imagination)

How many ounces of gold do you want for your hot sisters/daughters hungry man? I'll be ready to pay, let's talk when you are really really hungry.

>Watchin incoming missiles over the horizon as war begins and the lights go out.

For what its worth, there are other valuable metals. Rhodium and Palladium are up there with gold and platinum going by $$$ per ounce.

https://online.kitco.com

>>140264928
not recognizable by the general public and thus not as liquid

>>140258045
Certain (((people))) had a habit of shaving down precious metal coins throughout history.