therooster
.... is incomplete. We have to finish forming the demand side of the supply-demand equation. If you are dumbfounded, just keep it simple. We've been supply driven and dominated by the supply side of economics (first secular model) since "the apple was shoved in our faces".
Gold is part of our liberation, but in order to serve us fully, gold based distribution would have to undergo a major change for the sake of liquidity. No sane person questions gold's store quality and the fact that its debt free.
Liquidity for gold would have to wait for the 21st century based on the current ability to "split up" real time gold weight, thanks to P.C. based networks.
Before the above could take place, the dollar-gold-peg had to be severed.
The peg translated into "more currency (circulating medium) meant needing more gold weight) under those particular pegged rules. Impractical given the gold is a PM and limited in supply versus the demand for paper. Let gold float and allow the market to dictate the price. That took place in 71. We simply had to wait for an efficient method of splitting the gold, by way of digital possibilities.
The peg had to go ! Had to !
Bretton Woods was part'n parcel of getting the world on fiat, so that the peg could be removed and thus the role of the dollar's centralization at that point , was important.
The whole goal has been real time gold. The implementation and proliferation of real time gold has to be bottom-up, however. That's what's different this time. The elite (supply side) cannot do this. It's not their "role" in "the script". It's ours in order to create balance. Their role is to motivate by carrying "the stick", which by all accounts within this thread, they are doing very well.
You cannot pour new wine into old wineskins ..... so true.
I can now buy a single flea on a politician's ass from the other side of the world and pay in allocated fully backed gold title..... and I can do so in an instant. As per design, there's no financial crisis. we simply have a marketing challenge where gold payment processors are concerned. Scale it up folks ! Demand, demand, demand .... !
Gold is part of our liberation, but in order to serve us fully, gold based distribution would have to undergo a major change for the sake of liquidity. No sane person questions gold's store quality and the fact that its debt free.
Liquidity for gold would have to wait for the 21st century based on the current ability to "split up" real time gold weight, thanks to P.C. based networks.
Before the above could take place, the dollar-gold-peg had to be severed.
The peg translated into "more currency (circulating medium) meant needing more gold weight) under those particular pegged rules. Impractical given the gold is a PM and limited in supply versus the demand for paper. Let gold float and allow the market to dictate the price. That took place in 71. We simply had to wait for an efficient method of splitting the gold, by way of digital possibilities.
The peg had to go ! Had to !
Bretton Woods was part'n parcel of getting the world on fiat, so that the peg could be removed and thus the role of the dollar's centralization at that point , was important.
The whole goal has been real time gold. The implementation and proliferation of real time gold has to be bottom-up, however. That's what's different this time. The elite (supply side) cannot do this. It's not their "role" in "the script". It's ours in order to create balance. Their role is to motivate by carrying "the stick", which by all accounts within this thread, they are doing very well.
You cannot pour new wine into old wineskins ..... so true.
I can now buy a single flea on a politician's ass from the other side of the world and pay in allocated fully backed gold title..... and I can do so in an instant. As per design, there's no financial crisis. we simply have a marketing challenge where gold payment processors are concerned. Scale it up folks ! Demand, demand, demand .... !