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DJ Solomon (11112011@freespeechextremist.com)'s status on Wednesday, 27-Sep-2023 22:28:28 JST DJ Solomon wef was founded in 71 look it up -
Disinformation Purveyor :verified_think: (thatguyoverthere@shitposter.club)'s status on Wednesday, 27-Sep-2023 22:28:23 JST Disinformation Purveyor :verified_think: @11112011 :thunkin: interesting -
feld (feld@bikeshed.party)'s status on Wednesday, 27-Sep-2023 23:26:50 JST feld If by "international gold shortage" they mean "Countries went off the gold standard for WWI and people were shocked at the money printing, and then in the US there was an equity bubble in the 20s and the Fed tried to cool it by raising rates to put pressure on countries that owed us money, our exports fell, the economy slowed, we ran into debt **deflation**, and the money supply kept shrinking"
Yeah, they couldn't print more gold. And anyone who thinks they should have printed money to get us out of the depression is fucking insane.LS and Disinformation Purveyor :verified_think: like this. -
feld (feld@bikeshed.party)'s status on Wednesday, 27-Sep-2023 23:26:51 JST feld Where is that from? Who is claiming there was an "international gold shortage"? I'm pretty sure they're making that up as I can't find any sources on that Disinformation Purveyor :verified_think: likes this. -
Disinformation Purveyor :verified_think: (thatguyoverthere@shitposter.club)'s status on Wednesday, 27-Sep-2023 23:28:24 JST Disinformation Purveyor :verified_think: @feld @11112011 an "authoritative source" :smirk: https://www.stlouisfed.org/open-vault/2017/november/why-us-no-longer-follows-gold-standard -
Disinformation Purveyor :verified_think: (thatguyoverthere@shitposter.club)'s status on Wednesday, 27-Sep-2023 23:29:51 JST Disinformation Purveyor :verified_think: @feld @11112011 I was primarily just pointing at the end of international convertibility of the dollar to gold (same year as WEF founded) -
Disinformation Purveyor :verified_think: (thatguyoverthere@shitposter.club)'s status on Wednesday, 27-Sep-2023 23:30:43 JST Disinformation Purveyor :verified_think: @11112011 that's in the screenshot :) -
DJ Solomon (11112011@freespeechextremist.com)'s status on Wednesday, 27-Sep-2023 23:30:46 JST DJ Solomon @thatguyoverthere we kinda know shit, now look when gold standart ended
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