Muh Infrastructure Incoming

[Speaker to Animals]

Or, more generally: a fiat currency is a stupid fucking idea, period.

[Zlaxer]

I think there is a good chance an alternate international currency will develop. Something with intrinsic value and probably tied to the energy markets somehow.

OPEC could create a currency right now if they wanted to.

Fucking Misfit.....stop projecting your opinions on the rest of us

Yeah, because Speaker to Animals opinions are indicative of how the rest of America feels, lulz. He's no political misfit, no siree.

So it's just STA, GCF, and ME - we're the only three on MHF who see a high probability of a Collapse coming then....

STA and GCF - birds of a feather....lolz

[StCapps]

A fiat reserve currency is fucking stupid. Everybody who took macroeconomics knows this (or should).

A fiat currency is the way to go, you weren't the world reserve currency until you made the switch, and now you want to give that up? Sounds like it's you who doesn't understand macroeconomics.
/shrugs

[Fife]

@Zlax....

A posteriori empiricism is a trickster's game, and Whataboutism is fucking boring. There's not much to gain by engaging with it.

We don't need to freak out about name-calling and One-World Currency, &c, to appreciate the concept that a Keynesian stimulus at a 13-digit clip with non-existent money is going to be the biggest single all-at-once tax-hike in world history.

Government spending is always taxation in some form. Taxation is theft.

:goteam: :drunk:

[Speaker to Animals]

A fiat reserve currency is fucking stupid. Everybody who took macroeconomics knows this (or should).

A fiat currency is the way to go, you weren't the world reserve currency until you made the switch, and now you want to give that up? Sounds like it's you who doesn't understand macroeconomics.
/shrugs

*cough*

https://en.wikipedia.org/wiki/Bretton_Woods_system

*cough*

[StCapps]

Fucking Misfit.....stop projecting your opinions on the rest of us

Yeah, because Speaker to Animals opinions are indicative of how the rest of America feels, lulz. He's no political misfit, no siree.

So it's just STA, GCF, and ME - we're the only three on MHF who see a high probability of a Collapse coming then....

STA and GCF - birds of a feather....lolz

Three of the forums most notorious SIFCLFs stick together and predict a coming economic collapse, shocker!

[StCapps]

A fiat reserve currency is fucking stupid. Everybody who took macroeconomics knows this (or should).

A fiat currency is the way to go, you weren't the world reserve currency until you made the switch, and now you want to give that up? Sounds like it's you who doesn't understand macroeconomics.
/shrugs

*cough*

https://en.wikipedia.org/wiki/Bretton_Woods_system

*cough*

Bretton Woods couldn't hold together, they broke it up for a reason. The result has highly beneficial to the US, and the US dollar was more dominant afterward than under the prior system.

[Speaker to Animals]

A fiat currency is the way to go, you weren't the world reserve currency until you made the switch, and now you want to give that up? Sounds like it's you who doesn't understand macroeconomics.
/shrugs

*cough*

https://en.wikipedia.org/wiki/Bretton_Woods_system

*cough*

Bretton Woods couldn't hold together, they broke it up for a reason. The result has highly beneficial to the US.

Neither can the current system hold together, capps.

[StCapps]

Neither can the current system hold together, capps.

Not forever, but that doesn't mean a collapse is right around the corner, SIFCLF. Just because a new system will eventually replace it, doesn't mean it's on the verge of collapse. King Dollar will run quite strong for a while to come, there a'int no non-fiat international basket of currencies and/or some weird non-fiat cryptocurrency, that is about to knock it off any time soon, protip.

All your speculation is off in the distant future, at best. Chances are though when some currency does replace the USD as the world reserve currency, eventually in the distant future, it will likely be another fiat currency that replaces it, despite you being a fiat currency hater.

[DBTrek]

Nothing like paved roads to set Fife off on a bender.