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Bitcoin, Gold Standard & The Collapse Of A Once Great Society 😢
Digital Asset News· 2025-08-20 01:37
Monetary Policy & Economic Impact - Abandoning the gold standard is considered a costly mistake, leading to a departure from honest monetary practices [1] - The shift away from gold-backed currency enabled unchecked money printing, funding unsustainable wars [2] - Faking the money supply resulted in rising prices, stagnant wages, and a decline in living standards [3] - The transition from sound money to debt-based system has burdened future generations [5] Societal Changes - Families faced challenges in raising children due to time and financial constraints, leading to outsourced parenting [3][4] - Moral decline was observed, with increased debt, gambling, and anti-depressant use [4] - Family structures weakened, evidenced by doubled divorce rates and plummeting birth rates [4] - Dietary habits worsened, with increased consumption of cheap, unhealthy food, contributing to obesity [5] Generational Perspective - The current generation is inheriting a substantial debt burden with uncertain repayment prospects [5] - There is a call to return to sound money principles to secure a better future [5]
Could gold prices go even higher? Here's what the charts show.
Yahoo Finance· 2025-06-20 17:58
[Music] Gold is on a tan 25, up nearly 30% so far this year, torching stocks and bonds as investors scramble for a safe haven watching the dollar head lower. I'm Jared Blickery, host of Stocks in Translation. We're going to start here with a century of gold in a second here, but I wanted to find the gold standard, and this is something that went away 90 years ago.The n the gold standard is a monetary system where dollars can be swapped for a fixed amount of gold. And here's that chart. Way back in the day, ...