Ask Lemmy

I appreciate you responding, even if most of what I was doing was screaming into the void.

FIAT and gold standards will have similar issues, and where they differ FIAT is better. Unless you want degrowth, then gold standard is better. Our current economy is built on growth. Without growth you die.

All graphs realted to inequality and general quality of life have been steadily dropping since 1971

I do feel it being correlation and not causation with line go down and FIAT. I can more easily point to legislation than I can gold.

the entire system is set up to steal

The system was set up to steal before too. It's just now a more shuffle assets around and magic presto you now have more money.

Boomers didn’t really cause this, they have no idea what any of that even means

Lol, fair enough.

It’s more or less created by a tiny policial and financial elite conspiring to takw over our monetary system

You kind of lost me there. I strongly doubt there are people who planned 4d chess and have it to roll out like this. Look at Elon, who has been failing upward his whole life. Look at Bill Gates being a big baby with copy righn. In most cases it seems to be people arguing for immediate short term benefits to themselves while disregarding the future.

were no crazy real estate bubbles...before 1971

If you're talking about raw size, sure. People use to also be much quicker to violence. You used to have striking union workers getting gunned down by the state for a 40hr work week. We are much more tolerant to being abused.

There’s some other factors too, like people moving to cities and social issues,

Moving to cities have generally been what made most human technological progress. Cities are much better than suburbs.

Ghadaffi...[wanted gold standard]...and that’s why Libya was destroyed.

Well, that is certainly a view. I think we'll just talk past each other on that one.