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Thread: Dow closes above 35,000 for the first time. God Bless President Biden.

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    It close above 35,000 because of inflation and the decreasing value of the dollar.
    IMPEACH 46

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    Quote Originally Posted by Joe Capitalist View Post
    Eh, don't care. I guess it's best to have stability. Rates have nowhere to go but up. They can't be this low forever. Problem is, when rates go up, bond values and stocks typically go down. Biden doesn't want inflation so tapering must be done delicately.
    My buddy works at Fed Reserve and her likes him.
    Which is to say that the Fed is pumping extra cash into an economy that is not creating wealth fast enough to accept it, and that money is going into speculation.

    The recipe for a crash to follow.
    "Propaganda can also be factual." --Flash
    "Even after being vaccinated, you shed virus particles." --Jerome

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    Quote Originally Posted by ExpressLane View Post
    It close above 35,000 because of inflation and the decreasing value of the dollar.
    Interesting. Do tell how that works. Inflation boosts investor confidence? LOL at you. Just another subject you don't know anything about.

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    Quote Originally Posted by Joe Capitalist View Post
    You know what's scary to think about? Were it not for the Coronavirus, Trump would probably still be President. His incompetence in handing the Coronavirus tipped the scales to the Dems. Then there was the injecting disinfectant comment..........
    Nothing 'tipped' anything.

    There was no election in 2020. The election faulted due to election fraud by Democrats.
    "Propaganda can also be factual." --Flash
    "Even after being vaccinated, you shed virus particles." --Jerome

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    Quote Originally Posted by Joe Capitalist View Post
    Climate Change? That's a stretch. Let the Fed worry about the economy and let the scientists worry about Climate Change. I understand that CC is an issue that needs to be dealt with but let's not go overboard.
    Define 'climate change'. There is no science for an undefined word. There is no need to 'deal with' something you can't define.
    "Propaganda can also be factual." --Flash
    "Even after being vaccinated, you shed virus particles." --Jerome

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    Quote Originally Posted by Jarod View Post
    I still think it was a good chance he was going to lose.
    Lose what?
    "Propaganda can also be factual." --Flash
    "Even after being vaccinated, you shed virus particles." --Jerome

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    Quote Originally Posted by Jarod View Post
    How so?
    Inducing panic over a mild virus.
    "Propaganda can also be factual." --Flash
    "Even after being vaccinated, you shed virus particles." --Jerome

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    Quote Originally Posted by Jarod View Post
    Death Santis declared Covid over a month ago, prohibited cities and counties from requiring masks, encouraged tourists to come to the state and has not encouraged vaccination once.

    Florida is one of the worst states as of today.
    Okay. You don't like Florida. Don't go there. Personally, I find it a nice wacky State. All kinds of weird things happen there. I like Florida.
    "Propaganda can also be factual." --Flash
    "Even after being vaccinated, you shed virus particles." --Jerome

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    Quote Originally Posted by Joe Capitalist View Post
    Don't bother me none if they kill themselves. I feel the same way about heavy tobacco smokers.
    Covid19 doesn't kill. NONE of the Covid/SARS series viruses kill.
    "Propaganda can also be factual." --Flash
    "Even after being vaccinated, you shed virus particles." --Jerome

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    Quote Originally Posted by Son of the Revolution View Post
    BIDEN AND THE DNC ARE RESPONSIBLE FOR THE FAKE VIRUS
    The virus isn't fake, but it sure ain't the devastating thing the Democrats are making it out to be.
    "Propaganda can also be factual." --Flash
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    So our country can eliminate Mercury contamination from coal, end a useless decades war, have safety regulation, trustworthy sources of information, love of our country and still have a record shattering securities market? Praise be to Biden! Thank God ignorant Republicans were blown out of office so all this greatness could occur.

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    Quote Originally Posted by AssHatZombie View Post
    they don't do honest accounting. house of cards.
    Which is one reason why China is shit, financially.
    Quote Originally Posted by AssHatZombie View Post
    you cheer for them if you want, legion. did you figure out what fascism is?
    The only one cheering for China around here is Hawkeye. Legion isn't posting in this thread.
    Fascism is government manipulation of markets.
    Communism is government ownership of markets.

    Both are forms of socialism. Both are theft of wealth.
    "Propaganda can also be factual." --Flash
    "Even after being vaccinated, you shed virus particles." --Jerome

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    Quote Originally Posted by Concart View Post
    Interesting. Do tell how that works. Inflation boosts investor confidence? LOL at you. Just another subject you don't know anything about.
    Easy. Printing lots of dollars without a corresponding increase in wealth (due to capitalism, which creates wealth) causes inflation. Those dollars have basically nowhere to go but to fuel speculation. In this case, the stock market.

    This is a recipe for a crash. This is exactly how you set up a crash. Effectively, it's a pyramid scheme, fueled by the Fed. Like all pyramid schemes, it seems like a bargain at first, but it must collapse.

    Money is not wealth. Goods and services are wealth. Only capitalism creates wealth out of nothing. Only creating goods and services voluntarily, and selling them at a price people are willing to pay voluntarily, creates wealth.

    This is capitalism.

    The Fed is fascism. It is manipulating the money market. It is government (despite what they call themselves). It is manipulating the price of money itself. It is trying to cheapen the dollar. This backwards idea of stimulating the economy by printing money won't work. Money is not the economy, and neither is the stock market. It is gambling. Money is not wealth. It is a medium of exchange.

    People today are already losing trust in the dollar. They are already looking around for alternate currencies. Most of these people seem to be settling on either Bitcoin or gold. Once a currency is chosen by enough people, the bulk of the population will move to it. It will happen overnight. No government can stop it.
    "Propaganda can also be factual." --Flash
    "Even after being vaccinated, you shed virus particles." --Jerome

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    Quote Originally Posted by Into the Night View Post
    Which is one reason why China is shit, financially.


    The only one cheering for China around here is Hawkeye. Legion isn't posting in this thread.
    Fascism is government manipulation of markets.
    Communism is government ownership of markets.

    Both are forms of socialism. Both are theft of wealth.
    ehhhm I missed the joke. sorry man. lol

    your fascism definition is still off.
    Morality is a set of attitudes and behaviors which facilitate voluntary, cooperative and mutually beneficial relationships. --AssHatZombie

    Obamagate is Operation Crossfire Hurricane

    internationalist fascism: the belief that the interests of multinational corporations should be the sole focus of all national trade policies.

    CRT Segregationists of the left https://www.racialequitytools.org/re...ffinity-groups

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    Quote Originally Posted by Micawber View Post
    So our country can eliminate Mercury contamination from coal,
    Yup. We've been doing this for some time. It's how a lot of mercury is obtained. We almost don't have to mine mercury anymore.
    Quote Originally Posted by Micawber View Post
    end a useless decades war,
    Which one?
    Quote Originally Posted by Micawber View Post
    have safety regulation,
    Fascism isn't safety.
    Quote Originally Posted by Micawber View Post
    trustworthy sources of information,
    Where?
    Quote Originally Posted by Micawber View Post
    love of our country
    The United States has fallen.
    Quote Originally Posted by Micawber View Post
    and still have a record shattering securities market?
    Gambling.
    Quote Originally Posted by Micawber View Post
    Praise be to Biden!
    I don't praise idiots like this for being so stupid.
    Quote Originally Posted by Micawber View Post
    Thank God ignorant Republicans were blown out of office so all this greatness could occur.
    You have not mentioned any that was due to Biden.
    "Propaganda can also be factual." --Flash
    "Even after being vaccinated, you shed virus particles." --Jerome

    Everything else debunked here

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