From: Jan Panteltje <alien@comet.invalid>
Newsgroups: alt.fan.rush-limbaugh,can.politics,alt.politics.trump,alt.politics.liberalism,alt.politics.democrats,alt.politics.usa.republican
Subject: Re: LOL... Moronic 4 Year Old Thinks We're Still On The "Gold Standard"
Date: Mon, 13 Oct 2025 08:30:06 GMT
Organization: A noiseless patient Spider
>AlleyCat <katt@gmail.com>wrote:
>>
>On Sun, 12 Oct 2025 08:21:08 GMT, Jan Panteltje says...
>
>>
>> >AlleyCat <katt@gmail.com>wrote:
>> >>
>> >On Sat, 11 Oct 2025 16:04:15 GMT, Jan Panteltje says...
>> >
>> >> The US dollar has lost more than half its value in the last 2.5 years.
>> >
>> >Thank you, Joe Biden.
>>
>> https://www.macrotrends.net/1335/dollar-vs-gold-comparison-last-ten-years
>>
>> Better thank Mr tramp
>> https://www.macrotrends.net/1335/dollar-vs-gold-comparison-last-ten-years
>>
>> Look at were the huge peak is: The last few month!!!
>
>Whoooo HOOOOO!
>
>And tell us EXACTLY how the dollar vs. gold drives our economy.
>
>Hint: it doesn't.
Dear cat
'gold' is an essential metal used in for example electronics, from smartphones to computers.
But there is more to it:
For example if you bought some gold 3 years or so ago for say 1000 US dollars, then you can now sell it for 2500 US dollars.
Sure you can get same profit with options on the stock market, but there you can lose the same or more too.
Interest over 3 years for the 'dollars' you did put in your bank does not result in that much gain.
So investors like gold.
That is why many countries have gold reserves.
Fort Knox should hold some, but unfortunately it is mostly full of boxes with IOUs
US debt.
US likes to steal gold stored by other countries in its banks, sometimes justified as 'sanctions' as it has not much real gold left itself.
Nixon decoupled the US dollar from the gold standard and US debt has grown ever since:
https://en.wikipedia.org/wiki/Nixon_shock
So, US 'debt' is in fact sooo much more than you can imagine.
When the You Ash of A debt keeps increasing, then US keeps stealing, grabbing land (like now heading towards Venezuela for its oil),
For example Bush grabbed Iraq under false pretences (weapons of mass destruction that did not exist)
The people will not keep dollars in a safe, if you had 1000 dollars 3 years ago it worth less / buys less today,
food, objects, energy. is more expensive today.
When US civilization falls apart further then nobody will accept dollars in the US
Barter will remain.
Pieces of paper with pictures of tramp on it will only be used as wallpaper or to heat the fire in the living room or tent?
Do not worry, I know what I am talking about, did some option trading and followed a training, wrote software for it too.
So, you are excused - as cat - nobody would expect a cat to know all that,
but maybe this helps :-)
(Not betting on it).
Your devotion to tramp shines bright, or maybe it is to your religious brainwashed Adam and Eve reciting book club.
But reality is what will happen now
I noticed your leader tramp was now backtracking on his 100% tariffs of Chinese products as maybe he realized his incompetence threatens to completely destroy the US.
No nukes from other places of the world needed.
I expect the states that form the 'united' states to fall apart any day now (Annie Day)?
But you can always buy a rubber boat and cross the Atlantic and ask for political asylum in the UK or Europe,
bring some gold, will buy you food.
No empire lasted forever.