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172

I know why Nixon is unjustly hated, but I don't know if that's the reason for blaming him like the lie that is (((watergate))). But I can't find anything sufficient to explain why Nixon is blamed and not FDR. Gold Standard was effectively ended by FDR.

1933 - Citizens must turn in, can't own gold, gold certificates, federal reserve gold notes or w/e etc. 1971 - Nixon ends the fixed price of gold that cant' really be used because of the above.

If gold's price is fixed by the fed - be honest, it's them - then is there really a gold standard at all from 1933 to 1971? It all seems like smoke and mirrors, gold was stolen from everybody and abandonned in '33.

I know why Nixon is unjustly hated, but I don't know if that's the reason for blaming him like the lie that is (((watergate))). But I can't find anything sufficient to explain why Nixon is blamed and not FDR. Gold Standard was effectively ended by FDR. 1933 - Citizens must turn in, can't own gold, gold certificates, federal reserve gold notes or w/e etc. 1971 - Nixon ends the fixed price of gold that cant' really be used because of the above. If gold's price is fixed by the fed - be honest, it's them - then is there really a gold standard at all from 1933 to 1971? It all seems like smoke and mirrors, gold was stolen from everybody and abandonned in '33.

(post is archived)

[–] 8 pts

Nixon "closed the window" for redemption of cash into precious metals.

The paper cash that we used prior to Nixon were labeled "Silver Certificates" and they bore wording on their faces that stated to the effect that 'The United States will pay to the bearer in silver upon demand.' All of those bills were recalled, and new paper notes were printed that said "Federal Reserve Note," which is what we have today, backed by absolutely nothing but debt (with interest). This process took a few years before nearly all of the old Silver Certificates were out of circulation. --I still have several old one-dollar-bill silver certificates that have been saved over the years.

[–] 5 pts

It's backed by violence via the DoD.

[–] 0 pt

Thanks.

[–] 5 pts

Yep... ...and I agree with you, I think that although these presidents (FDR, Nixon, et. al) signed off on the decisions, their hands were most likely forced by the power of the Federal Reserve (which is a private entity and not even an actual arm of the Government). -- Then later, when there are bad effects, the presidents can be blamed as a diversion tactic.

[–] 6 pts
International trade was still used with a gold pegged dollar.  As soon as Nixon did what he did, hyperinflation took hold.  Granted, because Nixon did that, the US was able to export inflation and debt to other countries, but we have no discipline as a country and dug our own debt grave as well as the rest of the world.  

Stack physical gold and silver as hard as you can to weather the coming financial apocalypse. Be your own bank.

[–] 3 pts

Okay so it was just the scope. 1933 was inside the US but the US itself still used the gold backed currency until 1971. Thanks.

[–] 0 pt

Stack BTC for financial apocalypses. It's portable, easier to secure, more fungible, harder to confiscate, and carries smaller acquisition costs (acquiring physical gold or silver is what, a 5-10% premium?).

The only downside is if more than the financial apocalypse arrives, at which point even gold is dumb and all we need are metric shit tons of ammo to fend off Mad Max biker gangs.

[–] 0 pt

I'm not going to talk bad about bitcoin except for a likely scenario that if the government does introduce cbdc and seeks further control, bitcoin will be forfeit.

Like gold and silver stackers say, if you don't hold it you don't own it.

[–] 0 pt

Stack physical gold and silver as hard as you can to weather the coming financial apocalypse. Be your own bank.

I find this so funny because how is the average person supposed to decide the new value of the precious metals after the collapse? Doom and gloom preppers are the most optimistic pessimists I've ever met.

[–] 3 pts

Read up on the free market. Somehow it decides the price of those, and everything else.

[–] 2 pts

He prefers to rely on jew bankers and computer algorithms to tell him the price of everything. Dude would understand what real money is if it slapped him in the face.

[–] 1 pt

CBDC, FEDNOW, mark of the beast. In revelation, it says the day will come when you can no longer buy or sell without a mark given to you by the satanic government.

I don't intend to receive any such mark.

I intend to live and help others through those troubled times if I can. As I said, I want to be my own bank.

Why do you think that after 6000 years of people deciding the value of precious metals for ourselves, because of the past 100 years it was taken over by jew bankers and SUPPRESSED, we won't be able to now?

[–] 5 pts

Good discussions... I know I'll be chided for being pedantic, but consider that silver certificates were nothing more than derivatives. They were presumably backed by silver. Today, they are derivatives of derivatives and the derivatives have zero assets. We could go all the back to 1913 when the federal reserve was created. I'm sure this was all planned.

[–] 3 pts

derivatives of derivatives of derivatives of derivatives

It's so disgusting.

[–] 0 pt

Yes and at the end is a big turd.

[–] 2 pts

"Gold is money. Everything else is credit." -- J.P. Morgan

[–] 4 pts

Nivon sold out the people's healthcare to the insurance companies, with full knowledge of what was going to happen.

He was told straight up, the insurance companies were going to make higher profits for providing less care.

Fuck all politicians. There is not a single politician that will stand against isreal.

[–] 3 pts

David Duke was ahead of his time.

[–] 2 pts

This is true and often over looked.

The dawn of the medical industrial complex that would bring the world to its knees in 2020 with an informational weapon.

[–] 3 pts

1933 - Citizens must turn in, can't own gold, gold certificates, federal reserve gold notes or w/e etc.

The citizens of the USA have been cucked hard for at least a century. Those fuckers back then didn't take up arms, revolt or even make enough noise over having gold declared illegal to own. If you think it's bad now, just remember that they rolled over for the jews without so much as a street fight. I think we will be angrier this time around.

[–] 0 pt (edited )

Those fuckers back then didn't take up arms, revolt or even make enough noise over having gold declared illegal to own

They were also just kinda desperate to stay fed and employed. Early 30s was peak depression and they were following somebody who was bringing the economy back.

Obviously they were still making the wrong choices but you’re framing it as though they were angry but too scared to put up a fight when in reality they were successfully misled into thinking they were doing what was best while half the country was just barely beating out starvation

[–] 2 pts

Individuals were cut off from gold in 1933, Nixon closed off domestic banks and other national reserve banks when he was in office. Honestly, there wasn't much of a choice because the dollar was worth a lot less than the gold and silver that the US claimed they would redeem it for. Basically, other reserve banks were making a run at the US treasury because they knew the Fed didn't have enough gold and silver to back up all the notes they'd printed.

In theory, Nixon could have slowed down redemptions, drastically cut spending, and started purchasing crazy amounts of gold and silver. And setting off a massive depression. I doubt anyone seriously considered that option.

[–] 1 pt

Only because he was weak. He should have hauled in everyone who was involved in printing currency that exceeded the precious metals behind it and started trying them for theft.

[–] 2 pts

One thing Nixon did that is heavily affecting us right now is he allowed the medical industry to make a profit. There used to be, as I understand it, a limit as to what doctors could charge or medical devices cost. Now it's just profits profits profits.

[–] 0 pt (edited )

Didn't know that. Was that before or after (((Watergate)))?

[–] 1 pt

I'm not exactly sure. I'm pretty (90%) sure I'm right. I can absorb knowledge exceptional well but I'll condense it down to its basic form. Enough to know something, not enough to detail it.

[–] 0 pt

I'm drunk and phone posting.

[–] 0 pt

The Health Maintenance Organization Act. 1973. I'm sure I've oversimplified it greatly but I believe that was, at least in part, the beginning of our form of Healthcare we have today.

[–] 0 pt

So in the 'middle' (72-74) of (((watergate))) so potentially some payment to try to get out of it.

[–] 1 pt

Wait until the dollar is dumped by the rest of the world. No more Petro dollar , the coming crisis will make Weimar look like the good ol days

[–] 2 pts

I know it will be bad but also I'm not sure it will get as bad as Weimar.

[–] 2 pts

Ever the optimist eh , Anticlutch ? No worries either way , some good things came about from Weimar.

[–] 4 pts

Ever the optimist eh , Anticlutch ?

Take that back, nothing so horrible has ever been said of me.

[–] 1 pt

Are you saying Nixon is not a crook?

[–] 3 pts (edited )

He was backed by a set of crooks who lost to another set of crooks.

Nixon was probably more based than most people would guess, but still served the dirty boy love blackmailers... whether he knew it or not.

Roy Cohn's handlers invented the conservative controlled opposition that is installed, today. This faction fell out of favor to the Bronfman faction, which took over presiding over the World Jewish Congress.

The World Jewish Congress, previously, was known as the Zionist World Congress.

In 1913, the Zionist World Congress met in Vienna. Previously, they had conspired to eliminate the royal blood lines that stood in the way of the banking cartels.

MI5 created their own conservatively idealed Zionist faction, of which Bnai Brith was an offshoot... and from this group, the ADL arose.

Even now, this conservative faction worms its way through American politics; RINOs. People living and believing in liberalism, but pretending to be a conservative.

Believe it or not, you've never been allowed to vote for an actual conservative. They are not allowed to rise to power in politics because of their tendency to spread actual conservatism.

True opposition dies in a plane crash, of a heart attack, or... if they're really annoyed with you... "autoerotic asphyxiation".

Only approved opposition is allowed to run and they have to sound like idiots to the Left using neurolinguistic programming techniques that makes normies tune out as soon as they hear phrases like "fake news" or "hunter biden laptop", incapable of absorbing anything new on the subject.

The entire Right is now considered "conspiracy theorists" by the media and myriad Internet astroturfing groups.

The visible Right is only going to be portrayed as increasingly unhinged while the Left becomes the ruling class, where Leftism is now, insanely, pro war, pro mass surveillance, pri establishment media, pro every new stupid pointless product, pro every latest hype propaganda piece, and completely anti common sense and anti common courtesy.

Either way, Nixon served the fake and gay right, which is even more fake and gay, today, and which will continue to get even more fake and gay in the future.

[–] 1 pt

You're the one who stole America's bike.

[–] 1 pt

To expand on silver certificates. At one time, you could take all your greenbacks to the bank and they would pour you a silver bar to the dollar. This is how there's still large silver bars, of odd weights, still in private collections today. Stamped with names like The Bank of New York City. (Or something close to that.) Btw, thank Lincoln for the greenback. Up until 1964 American coins (intended for everyday circulation) were minted as 90% silver (10% copper was added to strengthen the silver.) There's so much more, but I don't have the time rn

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