In a sense, there's a song about that...
In a sense, there's a song about that...
Negotiate? Just pass the debt ceiling. Why does paying last year's bills have to do with anything else? The Reds are risking the nation's fiscal health to make points with their very stupid followers. McCarthy is insisting we do what he wants. That is the person misusing power. As usual, you have it all wrong.
Nordberg (04-24-2023)
OK ptif I see you won't answer the question. Fine. Who stands to gain from you and other Americans losing faith in the dollar? The only way to kill the dollar is to convince people it's not worth anything...who would want to do that? I suggest that only an enemy of America would want that so why are you embracing it? Think about that...you're being manipulated the same way, by the same people, who are manipulating the people you see as enemies.
Don't be afraid to see what you see
"The atmosphere is among the factors that determines the Earth's atmosphere." --ZenMode
"Donald has failed in almost every endeavor he has attempted. " --floridafan
"Abortion is not a moral issue. " --BidenPresident
"Propaganda can also be factual." --Flash
"Even after being vaccinated, you shed virus particles." --Jerome
"no slavery is forcing another into labor" -archives
"Evs are much safer from fires" -- Nordberg
"Abortion has killed no one." -- LurchAddams
It means exactly that.
No. It is YOU that needs to study what money actually is. Straw man fallacy.
RQAA.
Money is two things:
1. A store of value (you can trade it for things of value, such as food, housing, vehicles, clothes, etc). You can also trade things of value for money. In other words, it's a medium of barter.
2. A unit of account. You can set a price with it.
Anything can be used for money. Gold, silver, clamshells, pieces of paper, plastic, stones, etc. Gold is the oldest form of money for one simple reason: You can verify the amount and purity of gold easily. The technique for doing so is in the capability of most any merchant.
Fiat currency always fails. The dollar is no exception. Even a cursory look at history is rife with examples...the hyperinflation of the German Mark...the hyperinflation of the Brazilian Real...the hyperinflation of the Japanese Yen...the hyperinflation Mexican peso...and now the rapid inflation of the dollar.
For example: a gallon of gasoline in 1960 was approx. 20 cents per gallon. Today, it is $5 per gallon. The value of the dollar against this single commodity has fallen to 1/25th of it's value in just that interval of time. Most of it took place in the Obama years and again during the Biden administration.
Transportation costs (and associated prices of all goods) increase just from this single factor alone.
The federal government buys the same shit you do, just a lot more of it. To do this, they must raise even MORE money then they already did by printing it. In other words, they print even MORE of it.
It's a hopeless circle, leading to the rejection of the dollar by the population. That population is ALREADY looking for an alternative currency. Once they settle on one, the switch will happen almost overnight. There is NOTHING the government can do to stop it.
Other nations are returning to gold and silver. The federal government is one lousy place for converting to that! They're broke!
"The atmosphere is among the factors that determines the Earth's atmosphere." --ZenMode
"Donald has failed in almost every endeavor he has attempted. " --floridafan
"Abortion is not a moral issue. " --BidenPresident
"Propaganda can also be factual." --Flash
"Even after being vaccinated, you shed virus particles." --Jerome
"no slavery is forcing another into labor" -archives
"Evs are much safer from fires" -- Nordberg
"Abortion has killed no one." -- LurchAddams
They won't be able to, of course.
International trade is settled in either gold or local currency. For example: If I buy something from the UK, I must pay for it in pounds, not dollars. Similarly, if someone in the UK wants to buy something from the US, they must use dollars, not pounds.
Since Biden has poisoned the holding of dollars by foreign interests, they are unloading them by converting them to something else. Worse, they don't want to buy much of anything from the US. They simply don't need dollars so much anymore.
Gold is still used to settle international trade. It is becoming more common to do so.
Printing dollars faster than wealth creation (through capitalism) causes inflation.
The government WANTS inflation. It makes it easier to pay off the debt they've accumulated, using the new funny money they've printed.
That can only go on for so long, of course.
"The atmosphere is among the factors that determines the Earth's atmosphere." --ZenMode
"Donald has failed in almost every endeavor he has attempted. " --floridafan
"Abortion is not a moral issue. " --BidenPresident
"Propaganda can also be factual." --Flash
"Even after being vaccinated, you shed virus particles." --Jerome
"no slavery is forcing another into labor" -archives
"Evs are much safer from fires" -- Nordberg
"Abortion has killed no one." -- LurchAddams
"The atmosphere is among the factors that determines the Earth's atmosphere." --ZenMode
"Donald has failed in almost every endeavor he has attempted. " --floridafan
"Abortion is not a moral issue. " --BidenPresident
"Propaganda can also be factual." --Flash
"Even after being vaccinated, you shed virus particles." --Jerome
"no slavery is forcing another into labor" -archives
"Evs are much safer from fires" -- Nordberg
"Abortion has killed no one." -- LurchAddams
"The atmosphere is among the factors that determines the Earth's atmosphere." --ZenMode
"Donald has failed in almost every endeavor he has attempted. " --floridafan
"Abortion is not a moral issue. " --BidenPresident
"Propaganda can also be factual." --Flash
"Even after being vaccinated, you shed virus particles." --Jerome
"no slavery is forcing another into labor" -archives
"Evs are much safer from fires" -- Nordberg
"Abortion has killed no one." -- LurchAddams
"The atmosphere is among the factors that determines the Earth's atmosphere." --ZenMode
"Donald has failed in almost every endeavor he has attempted. " --floridafan
"Abortion is not a moral issue. " --BidenPresident
"Propaganda can also be factual." --Flash
"Even after being vaccinated, you shed virus particles." --Jerome
"no slavery is forcing another into labor" -archives
"Evs are much safer from fires" -- Nordberg
"Abortion has killed no one." -- LurchAddams
"The atmosphere is among the factors that determines the Earth's atmosphere." --ZenMode
"Donald has failed in almost every endeavor he has attempted. " --floridafan
"Abortion is not a moral issue. " --BidenPresident
"Propaganda can also be factual." --Flash
"Even after being vaccinated, you shed virus particles." --Jerome
"no slavery is forcing another into labor" -archives
"Evs are much safer from fires" -- Nordberg
"Abortion has killed no one." -- LurchAddams
"The atmosphere is among the factors that determines the Earth's atmosphere." --ZenMode
"Donald has failed in almost every endeavor he has attempted. " --floridafan
"Abortion is not a moral issue. " --BidenPresident
"Propaganda can also be factual." --Flash
"Even after being vaccinated, you shed virus particles." --Jerome
"no slavery is forcing another into labor" -archives
"Evs are much safer from fires" -- Nordberg
"Abortion has killed no one." -- LurchAddams
"The atmosphere is among the factors that determines the Earth's atmosphere." --ZenMode
"Donald has failed in almost every endeavor he has attempted. " --floridafan
"Abortion is not a moral issue. " --BidenPresident
"Propaganda can also be factual." --Flash
"Even after being vaccinated, you shed virus particles." --Jerome
"no slavery is forcing another into labor" -archives
"Evs are much safer from fires" -- Nordberg
"Abortion has killed no one." -- LurchAddams
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