Views of the World by Cartoon Movement-US for September 07, 2021

  1. Missing large
    rekam Premium Member about 2 years ago


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  2. Tor johnson
    William Bednar Premium Member about 2 years ago

    Back to the “Gold Standard”? Or, maybe, a retake on “Das Rheingold”?

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  3. Red panda small
    Redd Panda  about 2 years ago

    They’re making bitcoins. An artificial something, that only exists, as long as someone believes in it. like religion.

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  4. Wtp
    superposition  about 2 years ago

    We need a currency that is mutually trusted and based on an inherently non-volatile value. Bitcoin and gold never met this criterion.

    …evidence shows that both inflation and economic growth were quite volatile under the gold standard. The following chart plots annual U.S. consumer price inflation from 1880, the beginning of the post-Civil War gold standard, to 2015. The vertical blue line marks 1933, the end of the gold standard in the United States. The standard deviation of inflation during the 53 years of the gold standard is nearly twice what it has been since the collapse of the Bretton Woods system in 1973 (denoted in the chart by the vertical red line). That is, even if we include the Great Inflation of the 1970s, inflation over the past 43 years has been more stable than it was under the gold standard. Focusing on the most recent quarter century, the interval when central banks have focused most intently on price stability, then the standard deviation of inflation is less than one-fifth of what it was during the gold standard epoch.

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  5. Lord flasheart
    Same2Ubuddy  about 2 years ago

    Russians working to develop Biden coins.

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  6. Fsm
    flying spaghetti monster  about 2 years ago

    I am just curious if there is a large bit coin hacking will they become the new to big to fail?

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  7. Missing large
    lsnrchrd.1 Premium Member about 2 years ago

    ^Did you perhaps attend primary or elementary school with any of those Russians, or get to know some of them in other places in Russia where you and your countrymen hang out? Fellow SVR, FSB OR FSO agents perhaps?

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  8. Yellow submarine
    spaced man spliff  about 2 years ago

    I’ll stick with the long green. Not perfect, but for the time being (the 20+ years I have. left at 77) it’ll hold its value as far as I’m concerned. Never was really a risk-taker. But good luck with your cryptocurrency.

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