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Thread: If It Ain’t Real Money It Is Worth Less Than Fictional T.C.s.

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    Default If It Ain’t Real Money It Is Worth Less Than Fictional T.C.s.


    As far as I know, not one country allows bank customers to open an account with monopoly money, nor will any credit card company let their customers pay their bills with monopoly money.

    China’s digital yuan smacks of the Bitcoin conspiracy that media coverage turned into a legitimate investment:




    The digital yuan’s acceptance beyond mainland China could give the regime a significant geo-economic tool, one that bypasses the network of banks and financial institutions that are subject to U.S. laws and binds client states more directly to Beijing.


    China's digital currency could bring surveillance state to wallets at expense of US dollar
    by Joel Gehrke, Foreign Affairs Reporter |
    May 09, 2021 08:00 AM

    https://www.washingtonexaminer.com/p...e-of-us-dollar

    Will retail businesses and lenders accept payment in digital yuans? I do not have an answer, but I sure as hell will not accept digital yuans from anybody that wants to pay me for anything I sell.

    Watch this 1950 movie if you do not know what a T.C. is.





    SHORTCUT: Fast forward to the end of the movie and watch T.C. Jeffords burn a trunk full of T.C.s. before he gets shot.

    Finally, nothing has changed since 2017:


    Bitcoin is a fraud that will ultimately blow up, according to JP Morgan boss Jamie Dimon, who said the digital currency was only fit for use by drug dealers, murderers and people living in places such as North Korea.

    Speaking at a conference in New York, the boss of America’s biggest bank said he would fire “in a second” anyone at the investment bank found to be trading in bitcoin. “For two reasons: it’s against our rules, and they’re stupid. And both are dangerous.”


    Bitcoin is a fraud that will blow up, says JP Morgan boss
    Angela Monaghan
    Wed 13 Sep ‘17 06.26 EDT

    https://www.theguardian.com/technolo...y-drug-dealers
    The basic test of freedom is perhaps less in what we are free to do than in what we are free not to do. It is the freedom to refrain, withdraw and abstain which makes a totalitarian regime impossible. Eric Hoffer

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    Finally, American Communists (the Democrat Party) clearly want China’s military superior to ours.

    https://www.justplainpolitics.com/sh...13#post4407213

    China will reach its goal years before 2049 thanks to United Nations’ control over every national government combined with the Parasite Class’ COVID-19 fraud:


    The COVID-19 pandemic has disrupted nearly all aspect of daily life across the globe, but when it comes to the People’s Liberation Army (PLA), the virus has hardly blunted the pace of modernization. Overall, the PLA is still on track toward meeting its goals of achieving “complete military modernization” by 2035, and becoming a “world-class” military by 2049.

    XXXXX


    The Soviet Union was a Third World country with a First World Military, yet they could not compete against our military because of the money RR spent rebuilding a depleted military after the Democrat Party gave their own country a political defeat in Vietnam. (The U.S. military never lost a battle in Vietnam.)


    https://www.justplainpolitics.com/sh...13#post4407213


    Soviet Communists had 70 years to accomplish world domination. Chinese Communists took power in 1949; so China had 72 years.


    Take a look at the U.N.’s time line.

    Russians had a permanent seat on the U.N. Security Council from the day the U.N. opened for business in 1945.

    China was seated in 1971.


    Diplomatic problems immediately followed. Which China would be recognized in the new United Nations organization, set up only a few years before? China was not only a member of the U.N. General Assembly, it held an important post alongside the United States, the Soviet Union, Great Britain and France as a permanent member of the powerful U.N. Security Council, the only body within the U.N. with the authority to authorize (or veto) the use of armed force.


    This week in history: Communist China is admitted to the UN
    Oct 22, 2014, 4:41pm MDT
    Cody K. Carlson, For the Deseret News

    https://www.deseret.com/2014/10/22/2...-mary-altaffer



    Communist China’s seat on the permanent security council gave America’s enemies two out of five seats.


    In the first place, the pandemic has not really impacted Chinese defense spending. In 2021, Beijing plans to allocate 1.355 trillion yuan ($202 billion) to the PLA. This represents a 6.8 percent increase over 2020 military spending, which grew 6.6 percent over 2019.

    To be sure, the growth in Chinese military expenditures has tapered off somewhat since the heyday of the 2000s and early 2010s, when annual increases in defense spending averaged around 10 to 15 percent.

    Nevertheless, in an age of near-zero inflation, annual defense spending increases of 6 to 7 percent is striking, and there are no signs of abatement. Certainly no public figure in China is calling for cuts in military spending.


    The Pandemic Has Not Stopped China’s Military Buildup
    Richard A. Bitzinger
    May 9, 2021 Updated: May 9, 2021

    https://www.theepochtimes.com/mkt_mo...VNqdl%2FgUw%3D



    My point: If the world rolls over for China’s digital currency it will put Chinese Communists light years ahead of Russian Communists in every area.


    Quote Originally Posted by Flanders View Post
    China's digital currency could bring surveillance state to wallets at expense of US dollar
    by Joel Gehrke, Foreign Affairs Reporter |
    May 09, 2021 08:00 AM

    https://www.washingtonexaminer.com/p...e-of-us-dollar


    Russian Communists never got the overt support China is getting from Biden’s administration, from the U.S. Congress, favorable media coverage, and from financial institutions. In fact, the deals Democrats are making with China would have landed them in jail during the Cold War.


    In 2013 and 2014, China embarked on an aggressive air and island campaign to dominate the South China Sea, much to the dismay of Japan and other countries in the region. When Vice President Joe Biden visited the country in 2013, he emphasized trade between the U.S. and China and did not focus on the South China Sea. Secretary of State John Kerry did the same in 2014.

    Meanwhile, Biden’s son Hunter and Kerry’s stepson Chris Heinz carried out massive business deals with Chinese officials and the state-owned Bank of China. Worse, Hunter Biden and Chris Heinz even invested in a Chinese nuclear company under FBI investigation.

    “During a critical eighteen-month period of diplomatic negotiations between Washington and Beijing, the Biden and Kerry families and friends pocketed major cash from companies connected to the Chinese government,” Peter Schweizer writes in his new book “Secret Empires: How the American Political Class Hides Corruption and Enriches Family and Friends.”


    As Biden and Kerry Went Soft on China, Sons Made Nuclear, Military Business Deals with Chinese Gov't
    By Tyler O'Neil
    Mar 21, 2018 9:58 AM ET

    https://pjmedia.com/news-and-politic...se-govt-n56848



    One final observation.

    Democrats are going all-out to convince the public that Russia is still this country’s number one enemy. Their motive is obvious.
    Last edited by Flanders; 05-10-2021 at 03:46 PM.
    The basic test of freedom is perhaps less in what we are free to do than in what we are free not to do. It is the freedom to refrain, withdraw and abstain which makes a totalitarian regime impossible. Eric Hoffer

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    Quote Originally Posted by Flanders View Post
    Bitcoin is a fraud that will ultimately blow up, according to JP Morgan boss Jamie Dimon, who said the digital currency was only fit for use by drug dealers, murderers and people living in places such as North Korea.

    Speaking at a conference in New York, the boss of America’s biggest bank said he would fire “in a second” anyone at the investment bank found to be trading in bitcoin. “For two reasons: it’s against our rules, and they’re stupid. And both are dangerous.”


    Bitcoin is a fraud that will blow up, says JP Morgan boss
    Angela Monaghan
    Wed 13 Sep ‘17 06.26 EDT

    https://www.theguardian.com/technolo...y-drug-dealers
    Does this mean that illegal aliens fleeing from Third World shit-hole El Salvador can go to any bank and get American dollars for their bitcoins?

    President of El Salvador to introduce bill making Bitcoin legal tender
    by Carly Roman, Associate News Editor |
    June 05, 2021 07:39 PM

    https://www.washingtonexaminer.com/n...n-legal-tender
    The basic test of freedom is perhaps less in what we are free to do than in what we are free not to do. It is the freedom to refrain, withdraw and abstain which makes a totalitarian regime impossible. Eric Hoffer

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