Beyond CV19 - How will the World Change?

[Yukon]

-End the Fed, then > gold standard.

Why and how would that work? Thanks

I'm no expert, but just something I think MAY happen. I believe it would take a bill in congress.

Federal Reserve (central banking) came up for world war 1. They needed to borrow money for war and never forgot that. Crooked politicians love war to make money. Inflation is easy too. Just borrow more.

Gold Standard moves slow, but is more stable. It has it's down side also. Need to have a lot of gold to borrow against.

Good read on it below. Not saying I agree or disagree, but again, just something I think COULD happen.

https://qz.com/1646318/why-trump-and-judy-shelton-want-the-us-back-on-the-gold-standard/

 

[AZGrizFan]

-End the Fed, then > gold standard.

Why and how would that work? Thanks

I'm no expert, but just something I think MAY happen. I believe it would take a bill in congress.

Federal Reserve (central banking) came up for world war 1. They needed to borrow money for war and never forgot that. Crooked politicians love war to make money. Inflation is easy too. Just borrow more.

Gold Standard moves slow, but is more stable. It has it's down side also. Need to have a lot of gold to borrow against.

Good read on it below. Not saying I agree or disagree, but again, just something I think COULD happen.

https://qz.com/1646318/why-trump-and-judy-shelton-want-the-us-back-on-the-gold-standard/

There’s nowhere NEAR enough gold in the world to cover the $$ that’s already out there...not sure you can put that genie back in the bottle.

 

[Yukon]

-End the Fed, then > gold standard.

Why and how would that work? Thanks

I'm no expert, but just something I think MAY happen. I believe it would take a bill in congress.

Federal Reserve (central banking) came up for world war 1. They needed to borrow money for war and never forgot that. Crooked politicians love war to make money. Inflation is easy too. Just borrow more.

Gold Standard moves slow, but is more stable. It has it's down side also. Need to have a lot of gold to borrow against.

Good read on it below. Not saying I agree or disagree, but again, just something I think COULD happen.

https://qz.com/1646318/why-trump-and-judy-shelton-want-the-us-back-on-the-gold-standard/

There’s nowhere NEAR enough gold in the world to cover the $$ that’s already out there...not sure you can put that genie back in the bottle.

That's a good point.

 

[PDXGrizzly]

On the deliveries vein, an enterprising gentleman’s club owner had an idea here...

https://www.oregonlive.com/coronavirus/2020/03/portland-strip-club-forced-to-close-so-dancers-now-do-delivery.html

 

[AKGriz72]

Attached below is an interesting link regarding the possible outcomes the virus will have on hospitalization. Very interesting to say the least.

According to the link, Montanans have 2 weeks to make changes to flatten the curve before reaching “point of no return.”

https://covidactnow.org/

 

[cclarkblues]

There will be a spike in both birth and divorce rates.