CDZ Economic Carnage Is Coming

[Andylusion]

I have been saying this from the start...this strain is faaaar faaaar too weak to justify this response. They know something. They know...and the next time it's really gonna kill people...a lot of people.

And that response continues to this day...So the threat must still exist!

Yeah, something doesn't add up. There is something that is just not right about this. Well, lots of somethings. We can't count on the media to ask, my God they are nothing but worthless, if not straight out harmful themselves.

We are at war with china, no one who knows this wants the conflict to escalate to millions of degrees

The Chinese have controlling interest in many of the media companies. We have paid for our own destruction. Through purchase of cheap plastic shit at big box America we have ensured our own destruction.

The chinese own a piece of the us federal reserve. If we sue them and win they could sell us treasuries and stock to pay us back and totally destroy our economy in the process

Why? Because the inmates are in charge

The chinese own a piece of the us federal reserve.

Baloney.

If we sue them and win they could sell us treasuries and stock to pay us back and totally destroy our economy in the process

Hilarious! And wrong.

Dude I own a piece of the federal reserve everyone who owns t bills does, China owns Trillions in t bills and more trillions in stock of American companies. None of this is speculative it's all fact. If China sold all of it's American assets our economy would dissipate and inflation would make a loaf of bread cost a hundred bucks at least

All in all we are fucked and idiots walking around in masks would all be better off dead

Dude I own a piece of the federal reserve

You're lying.

everyone who owns t bills does

T-bills are debt issued by the US Treasury, not the Fed.

China owns Trillions in t bills and more trillions in stock of American companies.

About $1.1 trillion in Treasuries. I doubt they own anywhere near that in us stocks.

If China sold all of it's American assets our economy would dissipate

Dissipate? What do you mean?

If you do not know what dissipate means ask your homeroom teacher who will instruct you to use a dictionary

T bills are issued by the treasury and are backed in gold bullion in the federal reserve.

Play on little one

Status Report of U.S. Government Gold Reserve - Current Report

fiscal.treasury.gov

Total Gold Reserves $388 Billion.

https://www.usdebtclock.org/

Total US debt (not including unfunded future liabilities of $23 Trillion)...... $25 Trillion.

Let's review.... We have $388 Billion in gold.... in order to "back" $25 Trillion in T-bills.

My friends, what we have here, is a math problem.

It's not a math problem it's called inflation which means the paper money and or t bills are not worth the paper that they are printed on. So genius, thanks for making my point

Well that's not exactly true.... I can buy a ton of paper, for the value of a few dollars. Six $1 Bills, can buy a whole ream of paper. That's way more paper, than the value of the paper used to make the bills.

So not so much.

But, yes there is inflation, that's true. However I would point out, that we had inflation under the gold standard. We had inflation of 20% in 1918, and that was when money was backed by gold.

By the way, we had inflation before the Federal Reserve was even created.

Inflation Rate in 1800 | Inflation Calculator

The 2.44% inflation rate means $1 in 1799 is equivalent to $1.02 in 1800. This inflation calculator uses the official US consumer price index.

www.in2013dollars.com

Widely known that having a gold standard, didn't mean that inflation didn't exist. In fact, in some ways inflation and deflation were worse before the Federal Reserve, because no one knew it was happening.

Not to mention that sometimes if the bank that your notes were from, failed, and then you ended up with zero. A bit risky.

Now granted, the reason banks failed, is because government put in place bad policies that caused them to fail (much like today honestly). And they created Federal Reserve as a fix to a problem they created. Granted.

But, regardless inflation is normal. There has never been a time where inflation didn't exist.

What? So you are now advocating that we go back to a gold standard?

Not going to happen. In fact, can't happen. Not possible.

There are people still using the gold standard.

They buy gold

So yea I do recommend the gold standard more so when idiotic governments print fake money

Well yes. You can do that. I have yet to meet anyone that worked out well for.

So for example I knew this guy at a company I worked for, and he bought a bunch of gold in 2011.

Now if you know what happened after 2011.... The price of gold fell by nearly half.

View attachment 330936

Now you could say that prices, extremely recently have gone back up, and that's true.....

But he found out something the hard way.... You can't pay bills with gold. Believe it or not, when your mortgage is due, you can't mail them a bar of gold.

I can't remember if he said he had to sell in 2014 or 2015, but I know he said he lost nearly half the value. Between the transaction fees, and storage cost, he lost half the value he purchased gold with. If you want to turn $1000 into $500, buy yourself some gold right now. Prices are good an high.

Gold is a garbage investment. You can do want you want of course, I'm not going to try and talk you out of it. But my recommendation is, buy mutual funds in company stocks.

I've doubled my money. Even to this day right now, with my portfolio value depressed.... I still have double the value I put in. Roughly a 110% return on investment.

And when this whole thing blows over, and stock prices go back up, I'll likely have a vastly larger return on my investment.

1 million dollars in confederate gold was worth exactly the same as i million in confederate paper money at one time. A day later the gold price was still one million and the paper was burned in the stove for warmth as it had no value

The purpose of Obamacare was not to provide healthcare but to bankrupt the USA as is shutting down the economy. They predicted a lot more patients that did not materialize

Not factually true.

Confederate Notes

► Buy Confederate Notes online securely with Golden Eagle Coins. Trusted dealer since 1974. A+ rating with BBB. Fully insured delivery through USPS.

www.goldeneaglecoin.com

It was not backed by hard assets, but simply by a promise to pay the bearer after the war, on the prospect of Southern victory and independence. As the war began to tilt against the Confederates, confidence in the currency diminished, and inflation followed.​

So no, one confederate dollars was not worth the same in confederate gold. The value of the Confederate dollar went up and down, and mostly down as the war dragged on, and it seemed less likely they would win.

And it was never directly backed by hard assets to begin with.

The purpose of Obamacare was not to provide healthcare but to bankrupt the USA as is shutting down the economy. They predicted a lot more patients that did not materialize

You are stumbling into a assumption. The fact things didn't turn out as expected, does not automatically mean something nefarious was going on.

Nor do I actually think Obama's goal was to destroy the country. Remember, the path to hell is paved with good intentions.

I never once suggested that Obama had bad intentions. Doesn't matter. Socialism doesn't work. The more we socialize, the worse it will get.

What I said was factually absolutely true after the civil war. The fact that white supremacist now collect confederate notes does not impress me.

Copper 1943 pennies impress me

Yes, after the war, the confederate dollars were worthless, just like at the end of the war they were worthless, and were declining in value throughout the entire time they were losing the war.

 

[esalla]

I have been saying this from the start...this strain is faaaar faaaar too weak to justify this response. They know something. They know...and the next time it's really gonna kill people...a lot of people.

And that response continues to this day...So the threat must still exist!

Yeah, something doesn't add up. There is something that is just not right about this. Well, lots of somethings. We can't count on the media to ask, my God they are nothing but worthless, if not straight out harmful themselves.

We are at war with china, no one who knows this wants the conflict to escalate to millions of degrees

The Chinese have controlling interest in many of the media companies. We have paid for our own destruction. Through purchase of cheap plastic shit at big box America we have ensured our own destruction.

The chinese own a piece of the us federal reserve. If we sue them and win they could sell us treasuries and stock to pay us back and totally destroy our economy in the process

Why? Because the inmates are in charge

The chinese own a piece of the us federal reserve.

Baloney.

If we sue them and win they could sell us treasuries and stock to pay us back and totally destroy our economy in the process

Hilarious! And wrong.

Dude I own a piece of the federal reserve everyone who owns t bills does, China owns Trillions in t bills and more trillions in stock of American companies. None of this is speculative it's all fact. If China sold all of it's American assets our economy would dissipate and inflation would make a loaf of bread cost a hundred bucks at least

All in all we are fucked and idiots walking around in masks would all be better off dead

Dude I own a piece of the federal reserve

You're lying.

everyone who owns t bills does

T-bills are debt issued by the US Treasury, not the Fed.

China owns Trillions in t bills and more trillions in stock of American companies.

About $1.1 trillion in Treasuries. I doubt they own anywhere near that in us stocks.

If China sold all of it's American assets our economy would dissipate

Dissipate? What do you mean?

If you do not know what dissipate means ask your homeroom teacher who will instruct you to use a dictionary

T bills are issued by the treasury and are backed in gold bullion in the federal reserve.

Play on little one

Status Report of U.S. Government Gold Reserve - Current Report

fiscal.treasury.gov

Total Gold Reserves $388 Billion.

https://www.usdebtclock.org/

Total US debt (not including unfunded future liabilities of $23 Trillion)...... $25 Trillion.

Let's review.... We have $388 Billion in gold.... in order to "back" $25 Trillion in T-bills.

My friends, what we have here, is a math problem.

It's not a math problem it's called inflation which means the paper money and or t bills are not worth the paper that they are printed on. So genius, thanks for making my point

Well that's not exactly true.... I can buy a ton of paper, for the value of a few dollars. Six $1 Bills, can buy a whole ream of paper. That's way more paper, than the value of the paper used to make the bills.

So not so much.

But, yes there is inflation, that's true. However I would point out, that we had inflation under the gold standard. We had inflation of 20% in 1918, and that was when money was backed by gold.

By the way, we had inflation before the Federal Reserve was even created.

Inflation Rate in 1800 | Inflation Calculator

The 2.44% inflation rate means $1 in 1799 is equivalent to $1.02 in 1800. This inflation calculator uses the official US consumer price index.

www.in2013dollars.com

Widely known that having a gold standard, didn't mean that inflation didn't exist. In fact, in some ways inflation and deflation were worse before the Federal Reserve, because no one knew it was happening.

Not to mention that sometimes if the bank that your notes were from, failed, and then you ended up with zero. A bit risky.

Now granted, the reason banks failed, is because government put in place bad policies that caused them to fail (much like today honestly). And they created Federal Reserve as a fix to a problem they created. Granted.

But, regardless inflation is normal. There has never been a time where inflation didn't exist.

What? So you are now advocating that we go back to a gold standard?

Not going to happen. In fact, can't happen. Not possible.

There are people still using the gold standard.

They buy gold

So yea I do recommend the gold standard more so when idiotic governments print fake money

Well yes. You can do that. I have yet to meet anyone that worked out well for.

So for example I knew this guy at a company I worked for, and he bought a bunch of gold in 2011.

Now if you know what happened after 2011.... The price of gold fell by nearly half.

View attachment 330936

Now you could say that prices, extremely recently have gone back up, and that's true.....

But he found out something the hard way.... You can't pay bills with gold. Believe it or not, when your mortgage is due, you can't mail them a bar of gold.

I can't remember if he said he had to sell in 2014 or 2015, but I know he said he lost nearly half the value. Between the transaction fees, and storage cost, he lost half the value he purchased gold with. If you want to turn $1000 into $500, buy yourself some gold right now. Prices are good an high.

Gold is a garbage investment. You can do want you want of course, I'm not going to try and talk you out of it. But my recommendation is, buy mutual funds in company stocks.

I've doubled my money. Even to this day right now, with my portfolio value depressed.... I still have double the value I put in. Roughly a 110% return on investment.

And when this whole thing blows over, and stock prices go back up, I'll likely have a vastly larger return on my investment.

1 million dollars in confederate gold was worth exactly the same as i million in confederate paper money at one time. A day later the gold price was still one million and the paper was burned in the stove for warmth as it had no value

The purpose of Obamacare was not to provide healthcare but to bankrupt the USA as is shutting down the economy. They predicted a lot more patients that did not materialize

Not factually true.

Confederate Notes

► Buy Confederate Notes online securely with Golden Eagle Coins. Trusted dealer since 1974. A+ rating with BBB. Fully insured delivery through USPS.

www.goldeneaglecoin.com

It was not backed by hard assets, but simply by a promise to pay the bearer after the war, on the prospect of Southern victory and independence. As the war began to tilt against the Confederates, confidence in the currency diminished, and inflation followed.​

So no, one confederate dollars was not worth the same in confederate gold. The value of the Confederate dollar went up and down, and mostly down as the war dragged on, and it seemed less likely they would win.

And it was never directly backed by hard assets to begin with.

The purpose of Obamacare was not to provide healthcare but to bankrupt the USA as is shutting down the economy. They predicted a lot more patients that did not materialize

You are stumbling into a assumption. The fact things didn't turn out as expected, does not automatically mean something nefarious was going on.

Nor do I actually think Obama's goal was to destroy the country. Remember, the path to hell is paved with good intentions.

I never once suggested that Obama had bad intentions. Doesn't matter. Socialism doesn't work. The more we socialize, the worse it will get.

What I said was factually absolutely true after the civil war. The fact that white supremacist now collect confederate notes does not impress me.

Copper 1943 pennies impress me

Yes, after the war, the confederate dollars were worthless, just like at the end of the war they were worthless, and were declining in value throughout the entire time they were losing the war.

Which is why bright people then as now put their faith in metal

 

[Andylusion]

I have been saying this from the start...this strain is faaaar faaaar too weak to justify this response. They know something. They know...and the next time it's really gonna kill people...a lot of people.

And that response continues to this day...So the threat must still exist!

Yeah, something doesn't add up. There is something that is just not right about this. Well, lots of somethings. We can't count on the media to ask, my God they are nothing but worthless, if not straight out harmful themselves.

We are at war with china, no one who knows this wants the conflict to escalate to millions of degrees

The Chinese have controlling interest in many of the media companies. We have paid for our own destruction. Through purchase of cheap plastic shit at big box America we have ensured our own destruction.

The chinese own a piece of the us federal reserve. If we sue them and win they could sell us treasuries and stock to pay us back and totally destroy our economy in the process

Why? Because the inmates are in charge

The chinese own a piece of the us federal reserve.

Baloney.

If we sue them and win they could sell us treasuries and stock to pay us back and totally destroy our economy in the process

Hilarious! And wrong.

Dude I own a piece of the federal reserve everyone who owns t bills does, China owns Trillions in t bills and more trillions in stock of American companies. None of this is speculative it's all fact. If China sold all of it's American assets our economy would dissipate and inflation would make a loaf of bread cost a hundred bucks at least

All in all we are fucked and idiots walking around in masks would all be better off dead

Dude I own a piece of the federal reserve

You're lying.

everyone who owns t bills does

T-bills are debt issued by the US Treasury, not the Fed.

China owns Trillions in t bills and more trillions in stock of American companies.

About $1.1 trillion in Treasuries. I doubt they own anywhere near that in us stocks.

If China sold all of it's American assets our economy would dissipate

Dissipate? What do you mean?

If you do not know what dissipate means ask your homeroom teacher who will instruct you to use a dictionary

T bills are issued by the treasury and are backed in gold bullion in the federal reserve.

Play on little one

If you do not know what dissipate means

I know what dissipate means.
I don't know what your claim about China selling assets causing our economy to dissipate means.

So explain it.

How does China selling $1 trillion in Treasuries cause our economy to evaporate, disappear, vanish?

T bills are issued by the treasury and are backed in gold bullion in the federal reserve.

T-bills aren't backed by gold.

She (assuming that esalla is she) doesn't know what's she's talking about.

First, Even if China sells assets, they do not disappear, someone has to buys them.
Second, they cannot just send them back and demand cash, since they're long term based, for what they're getting paid interest. If they sell them, ownership changes, everything else, including terms stays the same.

Second, they cannot just send them back and demand cash,

And if they did get cash for them, which yields 0%, how does that cause US inflation or economic "dissipation"? LOL!

If China pulls out of the World economy our economy and way of life vanishes

I seriously hope you didn't spend much on higher education

How many continents do you hold investments on Sidney

If China pulls out of the World economy our economy and way of life vanishes

And then Chinese people start starving again.

I seriously hope you didn't spend much on higher education

You still looking for your inflation and dissipation proof? LOL!

No they will just continue cooking dogs alive as they always have and you will continue wanting their economy to flourish so they can torture more live animals and you can have your trinkets

You've given up on dissipation?

Nah, I just relish the local schizzos like you that believe that I answer to them...............

Next

And I enjoy poking the idiot.

So, China sells $1 trillion in Treasuries, suddenly we get inflation.

Still funny.

Inflation after the economic collapse and elevator shafts full of bimbos like you

You lose much in the first round

Still waiting for you to explain the sale causing an economic collapse...….

You mean you want me to explain the hypothetical sale that never happened. LOL, how would I do that?

You might want to lie back on the couch and tell us why your mother did that

You also might want to check your portfolio value

I know, you made 2 hysterical claims and can't provide the mechanism to back them up.

My portfolio is fine.

Others have made the same claims, and again I am humored by you as I do not answer to anyone officially

Kinda cool actually

China's $1.2 trillion weapon that could be used in a trade war with the US

China could dump its $1.17 trillion hoard of U.S. Treasurys in retaliation if there is a trade war with the United States, economists warn.

www.cnbc.com

Analysis: What is Plan B if China dumps its U.S. debt?

When borrowing money it's always good to have a Plan B in case a big creditor pulls the plug. That should be true whether the sum is a few thousand dollars or about a trillion, the size of the United States government's debt to China.

www.reuters.com

Again, there is no connection between China selling T-bills, and your portfolio of stocks.

Regardless, China really can't use that $1.2 Trillion as a weapon.

I find it ironic that you would even make that argument, given you just prior were complaining that money isn't backed by hard assets.

T-bills are IOUs. Just like Argentina was able to declare default, and simply not pay back the bonds, similarly the US could do the same.

This means China has spent $1.2 Trillion buying US bonds, and could end up losing their money.

China trying to use their US bonds as a weapon, would result in China losing $1.2 Trillion dollars.

The entire Chinese Federal Budget, is $3.4 Trillion. If anything, if we declared a default on all Chinese owned Bonds, we could almost instantly bankrupt the entire Chinese government, with one action. They are far more in danger of us refusing to pay back those bonds, than we are of them doing anything with them.

Remember, we've got their money... they've got IOUs.

Now that is not to suggest we would not also have some problems. Obviously if we declared default, this would lower the value of all US bonds, because obviously people would see we were willing to default on them.

That means our government borrowing costs would drastically go up.

And that would be a problem, only as long as our government continues to run a deficit, and has massive entitlement programs. If we reformed entitlements, and reduced, or eliminated our deficit... we could in fact default, and have absolutely no consequences. We could bankrupt China, and end up debt free, with no negative results.

Of course that means cutting Medicare and Social Security... which isn't likely to happen.

 

[esalla]

I have been saying this from the start...this strain is faaaar faaaar too weak to justify this response. They know something. They know...and the next time it's really gonna kill people...a lot of people.

And that response continues to this day...So the threat must still exist!

Yeah, something doesn't add up. There is something that is just not right about this. Well, lots of somethings. We can't count on the media to ask, my God they are nothing but worthless, if not straight out harmful themselves.

We are at war with china, no one who knows this wants the conflict to escalate to millions of degrees

The Chinese have controlling interest in many of the media companies. We have paid for our own destruction. Through purchase of cheap plastic shit at big box America we have ensured our own destruction.

The chinese own a piece of the us federal reserve. If we sue them and win they could sell us treasuries and stock to pay us back and totally destroy our economy in the process

Why? Because the inmates are in charge

The chinese own a piece of the us federal reserve.

Baloney.

If we sue them and win they could sell us treasuries and stock to pay us back and totally destroy our economy in the process

Hilarious! And wrong.

Dude I own a piece of the federal reserve everyone who owns t bills does, China owns Trillions in t bills and more trillions in stock of American companies. None of this is speculative it's all fact. If China sold all of it's American assets our economy would dissipate and inflation would make a loaf of bread cost a hundred bucks at least

All in all we are fucked and idiots walking around in masks would all be better off dead

Dude I own a piece of the federal reserve

You're lying.

everyone who owns t bills does

T-bills are debt issued by the US Treasury, not the Fed.

China owns Trillions in t bills and more trillions in stock of American companies.

About $1.1 trillion in Treasuries. I doubt they own anywhere near that in us stocks.

If China sold all of it's American assets our economy would dissipate

Dissipate? What do you mean?

If you do not know what dissipate means ask your homeroom teacher who will instruct you to use a dictionary

T bills are issued by the treasury and are backed in gold bullion in the federal reserve.

Play on little one

If you do not know what dissipate means

I know what dissipate means.
I don't know what your claim about China selling assets causing our economy to dissipate means.

So explain it.

How does China selling $1 trillion in Treasuries cause our economy to evaporate, disappear, vanish?

T bills are issued by the treasury and are backed in gold bullion in the federal reserve.

T-bills aren't backed by gold.

She (assuming that esalla is she) doesn't know what's she's talking about.

First, Even if China sells assets, they do not disappear, someone has to buys them.
Second, they cannot just send them back and demand cash, since they're long term based, for what they're getting paid interest. If they sell them, ownership changes, everything else, including terms stays the same.

Second, they cannot just send them back and demand cash,

And if they did get cash for them, which yields 0%, how does that cause US inflation or economic "dissipation"? LOL!

If China pulls out of the World economy our economy and way of life vanishes

I seriously hope you didn't spend much on higher education

How many continents do you hold investments on Sidney

If China pulls out of the World economy our economy and way of life vanishes

And then Chinese people start starving again.

I seriously hope you didn't spend much on higher education

You still looking for your inflation and dissipation proof? LOL!

No they will just continue cooking dogs alive as they always have and you will continue wanting their economy to flourish so they can torture more live animals and you can have your trinkets

You've given up on dissipation?

Nah, I just relish the local schizzos like you that believe that I answer to them...............

Next

And I enjoy poking the idiot.

So, China sells $1 trillion in Treasuries, suddenly we get inflation.

Still funny.

Inflation after the economic collapse and elevator shafts full of bimbos like you

You lose much in the first round

Still waiting for you to explain the sale causing an economic collapse...….

You mean you want me to explain the hypothetical sale that never happened. LOL, how would I do that?

You might want to lie back on the couch and tell us why your mother did that

You also might want to check your portfolio value

I know, you made 2 hysterical claims and can't provide the mechanism to back them up.

My portfolio is fine.

Others have made the same claims, and again I am humored by you as I do not answer to anyone officially

Kinda cool actually

China's $1.2 trillion weapon that could be used in a trade war with the US

China could dump its $1.17 trillion hoard of U.S. Treasurys in retaliation if there is a trade war with the United States, economists warn.

www.cnbc.com

Analysis: What is Plan B if China dumps its U.S. debt?

When borrowing money it's always good to have a Plan B in case a big creditor pulls the plug. That should be true whether the sum is a few thousand dollars or about a trillion, the size of the United States government's debt to China.

www.reuters.com

Again, there is no connection between China selling T-bills, and your portfolio of stocks.

Regardless, China really can't use that $1.2 Trillion as a weapon.

I find it ironic that you would even make that argument, given you just prior were complaining that money isn't backed by hard assets.

T-bills are IOUs. Just like Argentina was able to declare default, and simply not pay back the bonds, similarly the US could do the same.

This means China has spent $1.2 Trillion buying US bonds, and could end up losing their money.

China trying to use their US bonds as a weapon, would result in China losing $1.2 Trillion dollars.

The entire Chinese Federal Budget, is $3.4 Trillion. If anything, if we declared a default on all Chinese owned Bonds, we could almost instantly bankrupt the entire Chinese government, with one action. They are far more in danger of us refusing to pay back those bonds, than we are of them doing anything with them.

Remember, we've got their money... they've got IOUs.

Now that is not to suggest we would not also have some problems. Obviously if we declared default, this would lower the value of all US bonds, because obviously people would see we were willing to default on them.

That means our government borrowing costs would drastically go up.

And that would be a problem, only as long as our government continues to run a deficit, and has massive entitlement programs. If we reformed entitlements, and reduced, or eliminated our deficit... we could in fact default, and have absolutely no consequences. We could bankrupt China, and end up debt free, with no negative results.

Of course that means cutting Medicare and Social Security... which isn't likely to happen.

You miss the reality which is that it takes less than one thinks to begin a crash. If China sold all of it's debt the billionaires would sell quickly to lock in their profits and before you know it it's 1929 again

 

[Andylusion]

I have been saying this from the start...this strain is faaaar faaaar too weak to justify this response. They know something. They know...and the next time it's really gonna kill people...a lot of people.

And that response continues to this day...So the threat must still exist!

Yeah, something doesn't add up. There is something that is just not right about this. Well, lots of somethings. We can't count on the media to ask, my God they are nothing but worthless, if not straight out harmful themselves.

We are at war with china, no one who knows this wants the conflict to escalate to millions of degrees

The Chinese have controlling interest in many of the media companies. We have paid for our own destruction. Through purchase of cheap plastic shit at big box America we have ensured our own destruction.

The chinese own a piece of the us federal reserve. If we sue them and win they could sell us treasuries and stock to pay us back and totally destroy our economy in the process

Why? Because the inmates are in charge

The chinese own a piece of the us federal reserve.

Baloney.

If we sue them and win they could sell us treasuries and stock to pay us back and totally destroy our economy in the process

Hilarious! And wrong.

Dude I own a piece of the federal reserve everyone who owns t bills does, China owns Trillions in t bills and more trillions in stock of American companies. None of this is speculative it's all fact. If China sold all of it's American assets our economy would dissipate and inflation would make a loaf of bread cost a hundred bucks at least

All in all we are fucked and idiots walking around in masks would all be better off dead

Dude I own a piece of the federal reserve

You're lying.

everyone who owns t bills does

T-bills are debt issued by the US Treasury, not the Fed.

China owns Trillions in t bills and more trillions in stock of American companies.

About $1.1 trillion in Treasuries. I doubt they own anywhere near that in us stocks.

If China sold all of it's American assets our economy would dissipate

Dissipate? What do you mean?

If you do not know what dissipate means ask your homeroom teacher who will instruct you to use a dictionary

T bills are issued by the treasury and are backed in gold bullion in the federal reserve.

Play on little one

Status Report of U.S. Government Gold Reserve - Current Report

fiscal.treasury.gov

Total Gold Reserves $388 Billion.

https://www.usdebtclock.org/

Total US debt (not including unfunded future liabilities of $23 Trillion)...... $25 Trillion.

Let's review.... We have $388 Billion in gold.... in order to "back" $25 Trillion in T-bills.

My friends, what we have here, is a math problem.

It's not a math problem it's called inflation which means the paper money and or t bills are not worth the paper that they are printed on. So genius, thanks for making my point

Well that's not exactly true.... I can buy a ton of paper, for the value of a few dollars. Six $1 Bills, can buy a whole ream of paper. That's way more paper, than the value of the paper used to make the bills.

So not so much.

But, yes there is inflation, that's true. However I would point out, that we had inflation under the gold standard. We had inflation of 20% in 1918, and that was when money was backed by gold.

By the way, we had inflation before the Federal Reserve was even created.

Inflation Rate in 1800 | Inflation Calculator

The 2.44% inflation rate means $1 in 1799 is equivalent to $1.02 in 1800. This inflation calculator uses the official US consumer price index.

www.in2013dollars.com

Widely known that having a gold standard, didn't mean that inflation didn't exist. In fact, in some ways inflation and deflation were worse before the Federal Reserve, because no one knew it was happening.

Not to mention that sometimes if the bank that your notes were from, failed, and then you ended up with zero. A bit risky.

Now granted, the reason banks failed, is because government put in place bad policies that caused them to fail (much like today honestly). And they created Federal Reserve as a fix to a problem they created. Granted.

But, regardless inflation is normal. There has never been a time where inflation didn't exist.

What? So you are now advocating that we go back to a gold standard?

Not going to happen. In fact, can't happen. Not possible.

There are people still using the gold standard.

They buy gold

So yea I do recommend the gold standard more so when idiotic governments print fake money

Well yes. You can do that. I have yet to meet anyone that worked out well for.

So for example I knew this guy at a company I worked for, and he bought a bunch of gold in 2011.

Now if you know what happened after 2011.... The price of gold fell by nearly half.

View attachment 330936

Now you could say that prices, extremely recently have gone back up, and that's true.....

But he found out something the hard way.... You can't pay bills with gold. Believe it or not, when your mortgage is due, you can't mail them a bar of gold.

I can't remember if he said he had to sell in 2014 or 2015, but I know he said he lost nearly half the value. Between the transaction fees, and storage cost, he lost half the value he purchased gold with. If you want to turn $1000 into $500, buy yourself some gold right now. Prices are good an high.

Gold is a garbage investment. You can do want you want of course, I'm not going to try and talk you out of it. But my recommendation is, buy mutual funds in company stocks.

I've doubled my money. Even to this day right now, with my portfolio value depressed.... I still have double the value I put in. Roughly a 110% return on investment.

And when this whole thing blows over, and stock prices go back up, I'll likely have a vastly larger return on my investment.

1 million dollars in confederate gold was worth exactly the same as i million in confederate paper money at one time. A day later the gold price was still one million and the paper was burned in the stove for warmth as it had no value

The purpose of Obamacare was not to provide healthcare but to bankrupt the USA as is shutting down the economy. They predicted a lot more patients that did not materialize

Not factually true.

Confederate Notes

► Buy Confederate Notes online securely with Golden Eagle Coins. Trusted dealer since 1974. A+ rating with BBB. Fully insured delivery through USPS.

www.goldeneaglecoin.com

It was not backed by hard assets, but simply by a promise to pay the bearer after the war, on the prospect of Southern victory and independence. As the war began to tilt against the Confederates, confidence in the currency diminished, and inflation followed.​

So no, one confederate dollars was not worth the same in confederate gold. The value of the Confederate dollar went up and down, and mostly down as the war dragged on, and it seemed less likely they would win.

And it was never directly backed by hard assets to begin with.

The purpose of Obamacare was not to provide healthcare but to bankrupt the USA as is shutting down the economy. They predicted a lot more patients that did not materialize

You are stumbling into a assumption. The fact things didn't turn out as expected, does not automatically mean something nefarious was going on.

Nor do I actually think Obama's goal was to destroy the country. Remember, the path to hell is paved with good intentions.

I never once suggested that Obama had bad intentions. Doesn't matter. Socialism doesn't work. The more we socialize, the worse it will get.

What I said was factually absolutely true after the civil war. The fact that white supremacist now collect confederate notes does not impress me.

Copper 1943 pennies impress me

Yes, after the war, the confederate dollars were worthless, just like at the end of the war they were worthless, and were declining in value throughout the entire time they were losing the war.

Which is why bright people then as now put their faith in metal

Like I said, I haven't met a single person yet, that invested in metal, and came out better off. Not one. Not even one person. Zero. None.

If you look at all the wealthy people in this country, and other countries... none of them have their investments in shiny rocks.

All of them have invested in value producing assets. Land that can be cultivated. Property that can be rented. Or companies that produce goods and services of value.

As Warren Buffet famously said

Something to consider..... if every rich person in the world is not doing something, and a bunch of poor people are.... might be a hint.

 

[esalla]

I have been saying this from the start...this strain is faaaar faaaar too weak to justify this response. They know something. They know...and the next time it's really gonna kill people...a lot of people.

And that response continues to this day...So the threat must still exist!

Yeah, something doesn't add up. There is something that is just not right about this. Well, lots of somethings. We can't count on the media to ask, my God they are nothing but worthless, if not straight out harmful themselves.

We are at war with china, no one who knows this wants the conflict to escalate to millions of degrees

The Chinese have controlling interest in many of the media companies. We have paid for our own destruction. Through purchase of cheap plastic shit at big box America we have ensured our own destruction.

The chinese own a piece of the us federal reserve. If we sue them and win they could sell us treasuries and stock to pay us back and totally destroy our economy in the process

Why? Because the inmates are in charge

The chinese own a piece of the us federal reserve.

Baloney.

If we sue them and win they could sell us treasuries and stock to pay us back and totally destroy our economy in the process

Hilarious! And wrong.

Dude I own a piece of the federal reserve everyone who owns t bills does, China owns Trillions in t bills and more trillions in stock of American companies. None of this is speculative it's all fact. If China sold all of it's American assets our economy would dissipate and inflation would make a loaf of bread cost a hundred bucks at least

All in all we are fucked and idiots walking around in masks would all be better off dead

Dude I own a piece of the federal reserve

You're lying.

everyone who owns t bills does

T-bills are debt issued by the US Treasury, not the Fed.

China owns Trillions in t bills and more trillions in stock of American companies.

About $1.1 trillion in Treasuries. I doubt they own anywhere near that in us stocks.

If China sold all of it's American assets our economy would dissipate

Dissipate? What do you mean?

If you do not know what dissipate means ask your homeroom teacher who will instruct you to use a dictionary

T bills are issued by the treasury and are backed in gold bullion in the federal reserve.

Play on little one

Status Report of U.S. Government Gold Reserve - Current Report

fiscal.treasury.gov

Total Gold Reserves $388 Billion.

https://www.usdebtclock.org/

Total US debt (not including unfunded future liabilities of $23 Trillion)...... $25 Trillion.

Let's review.... We have $388 Billion in gold.... in order to "back" $25 Trillion in T-bills.

My friends, what we have here, is a math problem.

It's not a math problem it's called inflation which means the paper money and or t bills are not worth the paper that they are printed on. So genius, thanks for making my point

Well that's not exactly true.... I can buy a ton of paper, for the value of a few dollars. Six $1 Bills, can buy a whole ream of paper. That's way more paper, than the value of the paper used to make the bills.

So not so much.

But, yes there is inflation, that's true. However I would point out, that we had inflation under the gold standard. We had inflation of 20% in 1918, and that was when money was backed by gold.

By the way, we had inflation before the Federal Reserve was even created.

Inflation Rate in 1800 | Inflation Calculator

The 2.44% inflation rate means $1 in 1799 is equivalent to $1.02 in 1800. This inflation calculator uses the official US consumer price index.

www.in2013dollars.com

Widely known that having a gold standard, didn't mean that inflation didn't exist. In fact, in some ways inflation and deflation were worse before the Federal Reserve, because no one knew it was happening.

Not to mention that sometimes if the bank that your notes were from, failed, and then you ended up with zero. A bit risky.

Now granted, the reason banks failed, is because government put in place bad policies that caused them to fail (much like today honestly). And they created Federal Reserve as a fix to a problem they created. Granted.

But, regardless inflation is normal. There has never been a time where inflation didn't exist.

What? So you are now advocating that we go back to a gold standard?

Not going to happen. In fact, can't happen. Not possible.

There are people still using the gold standard.

They buy gold

So yea I do recommend the gold standard more so when idiotic governments print fake money

Well yes. You can do that. I have yet to meet anyone that worked out well for.

So for example I knew this guy at a company I worked for, and he bought a bunch of gold in 2011.

Now if you know what happened after 2011.... The price of gold fell by nearly half.

View attachment 330936

Now you could say that prices, extremely recently have gone back up, and that's true.....

But he found out something the hard way.... You can't pay bills with gold. Believe it or not, when your mortgage is due, you can't mail them a bar of gold.

I can't remember if he said he had to sell in 2014 or 2015, but I know he said he lost nearly half the value. Between the transaction fees, and storage cost, he lost half the value he purchased gold with. If you want to turn $1000 into $500, buy yourself some gold right now. Prices are good an high.

Gold is a garbage investment. You can do want you want of course, I'm not going to try and talk you out of it. But my recommendation is, buy mutual funds in company stocks.

I've doubled my money. Even to this day right now, with my portfolio value depressed.... I still have double the value I put in. Roughly a 110% return on investment.

And when this whole thing blows over, and stock prices go back up, I'll likely have a vastly larger return on my investment.

1 million dollars in confederate gold was worth exactly the same as i million in confederate paper money at one time. A day later the gold price was still one million and the paper was burned in the stove for warmth as it had no value

The purpose of Obamacare was not to provide healthcare but to bankrupt the USA as is shutting down the economy. They predicted a lot more patients that did not materialize

Not factually true.

Confederate Notes

► Buy Confederate Notes online securely with Golden Eagle Coins. Trusted dealer since 1974. A+ rating with BBB. Fully insured delivery through USPS.

www.goldeneaglecoin.com

It was not backed by hard assets, but simply by a promise to pay the bearer after the war, on the prospect of Southern victory and independence. As the war began to tilt against the Confederates, confidence in the currency diminished, and inflation followed.​

So no, one confederate dollars was not worth the same in confederate gold. The value of the Confederate dollar went up and down, and mostly down as the war dragged on, and it seemed less likely they would win.

And it was never directly backed by hard assets to begin with.

The purpose of Obamacare was not to provide healthcare but to bankrupt the USA as is shutting down the economy. They predicted a lot more patients that did not materialize

You are stumbling into a assumption. The fact things didn't turn out as expected, does not automatically mean something nefarious was going on.

Nor do I actually think Obama's goal was to destroy the country. Remember, the path to hell is paved with good intentions.

I never once suggested that Obama had bad intentions. Doesn't matter. Socialism doesn't work. The more we socialize, the worse it will get.

What I said was factually absolutely true after the civil war. The fact that white supremacist now collect confederate notes does not impress me.

Copper 1943 pennies impress me

Yes, after the war, the confederate dollars were worthless, just like at the end of the war they were worthless, and were declining in value throughout the entire time they were losing the war.

Which is why bright people then as now put their faith in metal

Like I said, I haven't met a single person yet, that invested in metal, and came out better off. Not one. Not even one person. Zero. None.

If you look at all the wealthy people in this country, and other countries... none of them have their investments in shiny rocks.

All of them have invested in value producing assets. Land that can be cultivated. Property that can be rented. Or companies that produce goods and services of value.

As Warren Buffet famously said

View attachment 331103

Something to consider..... if every rich person in the world is not doing something, and a bunch of poor people are.... might be a hint.

Try copper 1943 pennies

 

[Ame®icano]

You miss the reality which is that it takes less than one thinks to begin a crash. If China sold all of it's debt the billionaires would sell quickly to lock in their profits and before you know it it's 1929 again

In order to sell something, someone needs to buy it. If they sell the debt, as they did before, debt still exists, it's just in someone else's balance sheets, for us nothing changes except to whom we're paying interest on that debt.

 

[Andylusion]

I have been saying this from the start...this strain is faaaar faaaar too weak to justify this response. They know something. They know...and the next time it's really gonna kill people...a lot of people.

And that response continues to this day...So the threat must still exist!

Yeah, something doesn't add up. There is something that is just not right about this. Well, lots of somethings. We can't count on the media to ask, my God they are nothing but worthless, if not straight out harmful themselves.

We are at war with china, no one who knows this wants the conflict to escalate to millions of degrees

The Chinese have controlling interest in many of the media companies. We have paid for our own destruction. Through purchase of cheap plastic shit at big box America we have ensured our own destruction.

The chinese own a piece of the us federal reserve. If we sue them and win they could sell us treasuries and stock to pay us back and totally destroy our economy in the process

Why? Because the inmates are in charge

The chinese own a piece of the us federal reserve.

Baloney.

If we sue them and win they could sell us treasuries and stock to pay us back and totally destroy our economy in the process

Hilarious! And wrong.

Dude I own a piece of the federal reserve everyone who owns t bills does, China owns Trillions in t bills and more trillions in stock of American companies. None of this is speculative it's all fact. If China sold all of it's American assets our economy would dissipate and inflation would make a loaf of bread cost a hundred bucks at least

All in all we are fucked and idiots walking around in masks would all be better off dead

Dude I own a piece of the federal reserve

You're lying.

everyone who owns t bills does

T-bills are debt issued by the US Treasury, not the Fed.

China owns Trillions in t bills and more trillions in stock of American companies.

About $1.1 trillion in Treasuries. I doubt they own anywhere near that in us stocks.

If China sold all of it's American assets our economy would dissipate

Dissipate? What do you mean?

If you do not know what dissipate means ask your homeroom teacher who will instruct you to use a dictionary

T bills are issued by the treasury and are backed in gold bullion in the federal reserve.

Play on little one

If you do not know what dissipate means

I know what dissipate means.
I don't know what your claim about China selling assets causing our economy to dissipate means.

So explain it.

How does China selling $1 trillion in Treasuries cause our economy to evaporate, disappear, vanish?

T bills are issued by the treasury and are backed in gold bullion in the federal reserve.

T-bills aren't backed by gold.

She (assuming that esalla is she) doesn't know what's she's talking about.

First, Even if China sells assets, they do not disappear, someone has to buys them.
Second, they cannot just send them back and demand cash, since they're long term based, for what they're getting paid interest. If they sell them, ownership changes, everything else, including terms stays the same.

Second, they cannot just send them back and demand cash,

And if they did get cash for them, which yields 0%, how does that cause US inflation or economic "dissipation"? LOL!

If China pulls out of the World economy our economy and way of life vanishes

I seriously hope you didn't spend much on higher education

How many continents do you hold investments on Sidney

If China pulls out of the World economy our economy and way of life vanishes

And then Chinese people start starving again.

I seriously hope you didn't spend much on higher education

You still looking for your inflation and dissipation proof? LOL!

No they will just continue cooking dogs alive as they always have and you will continue wanting their economy to flourish so they can torture more live animals and you can have your trinkets

You've given up on dissipation?

Nah, I just relish the local schizzos like you that believe that I answer to them...............

Next

And I enjoy poking the idiot.

So, China sells $1 trillion in Treasuries, suddenly we get inflation.

Still funny.

Inflation after the economic collapse and elevator shafts full of bimbos like you

You lose much in the first round

Still waiting for you to explain the sale causing an economic collapse...….

You mean you want me to explain the hypothetical sale that never happened. LOL, how would I do that?

You might want to lie back on the couch and tell us why your mother did that

You also might want to check your portfolio value

I know, you made 2 hysterical claims and can't provide the mechanism to back them up.

My portfolio is fine.

Others have made the same claims, and again I am humored by you as I do not answer to anyone officially

Kinda cool actually

China's $1.2 trillion weapon that could be used in a trade war with the US

China could dump its $1.17 trillion hoard of U.S. Treasurys in retaliation if there is a trade war with the United States, economists warn.

www.cnbc.com

Analysis: What is Plan B if China dumps its U.S. debt?

When borrowing money it's always good to have a Plan B in case a big creditor pulls the plug. That should be true whether the sum is a few thousand dollars or about a trillion, the size of the United States government's debt to China.

www.reuters.com

Again, there is no connection between China selling T-bills, and your portfolio of stocks.

Regardless, China really can't use that $1.2 Trillion as a weapon.

I find it ironic that you would even make that argument, given you just prior were complaining that money isn't backed by hard assets.

T-bills are IOUs. Just like Argentina was able to declare default, and simply not pay back the bonds, similarly the US could do the same.

This means China has spent $1.2 Trillion buying US bonds, and could end up losing their money.

China trying to use their US bonds as a weapon, would result in China losing $1.2 Trillion dollars.

The entire Chinese Federal Budget, is $3.4 Trillion. If anything, if we declared a default on all Chinese owned Bonds, we could almost instantly bankrupt the entire Chinese government, with one action. They are far more in danger of us refusing to pay back those bonds, than we are of them doing anything with them.

Remember, we've got their money... they've got IOUs.

Now that is not to suggest we would not also have some problems. Obviously if we declared default, this would lower the value of all US bonds, because obviously people would see we were willing to default on them.

That means our government borrowing costs would drastically go up.

And that would be a problem, only as long as our government continues to run a deficit, and has massive entitlement programs. If we reformed entitlements, and reduced, or eliminated our deficit... we could in fact default, and have absolutely no consequences. We could bankrupt China, and end up debt free, with no negative results.

Of course that means cutting Medicare and Social Security... which isn't likely to happen.

You miss the reality which is that it takes less than one thinks to begin a crash. If China sold all of it's debt the billionaires would sell quickly to lock in their profits and before you know it it's 1929 again

If you had kept your money in the market, even during the great depression, you would have earned back all the value that was lost.

In fact, many people did just that. How do I know? Because it came back. The reason values went back up, is because people still owned stock.

As I said before, the only way you actually lose all your money, is if you sell.

And by the way, you also need to remember, that all during the depression, the people who didn't sell their stocks, were still collecting dividend payments from the stocks they owned.

Same for me too. During 2008, when everyone was freaking out, and the world was going to end, and selling off.... I was buying stock, and I collected dividend payments from those stocks.

Btw, getting dividend payments right now. This is one of the reasons I haven't met a person who bought metal that ended up better off.

While your metal is just sitting there, doing nothing... my stocks, even when their total value is depressed... still generating income.

 

[Andylusion]

I have been saying this from the start...this strain is faaaar faaaar too weak to justify this response. They know something. They know...and the next time it's really gonna kill people...a lot of people.

And that response continues to this day...So the threat must still exist!

Yeah, something doesn't add up. There is something that is just not right about this. Well, lots of somethings. We can't count on the media to ask, my God they are nothing but worthless, if not straight out harmful themselves.

We are at war with china, no one who knows this wants the conflict to escalate to millions of degrees

The Chinese have controlling interest in many of the media companies. We have paid for our own destruction. Through purchase of cheap plastic shit at big box America we have ensured our own destruction.

The chinese own a piece of the us federal reserve. If we sue them and win they could sell us treasuries and stock to pay us back and totally destroy our economy in the process

Why? Because the inmates are in charge

The chinese own a piece of the us federal reserve.

Baloney.

If we sue them and win they could sell us treasuries and stock to pay us back and totally destroy our economy in the process

Hilarious! And wrong.

Dude I own a piece of the federal reserve everyone who owns t bills does, China owns Trillions in t bills and more trillions in stock of American companies. None of this is speculative it's all fact. If China sold all of it's American assets our economy would dissipate and inflation would make a loaf of bread cost a hundred bucks at least

All in all we are fucked and idiots walking around in masks would all be better off dead

Dude I own a piece of the federal reserve

You're lying.

everyone who owns t bills does

T-bills are debt issued by the US Treasury, not the Fed.

China owns Trillions in t bills and more trillions in stock of American companies.

About $1.1 trillion in Treasuries. I doubt they own anywhere near that in us stocks.

If China sold all of it's American assets our economy would dissipate

Dissipate? What do you mean?

If you do not know what dissipate means ask your homeroom teacher who will instruct you to use a dictionary

T bills are issued by the treasury and are backed in gold bullion in the federal reserve.

Play on little one

Status Report of U.S. Government Gold Reserve - Current Report

fiscal.treasury.gov

Total Gold Reserves $388 Billion.

https://www.usdebtclock.org/

Total US debt (not including unfunded future liabilities of $23 Trillion)...... $25 Trillion.

Let's review.... We have $388 Billion in gold.... in order to "back" $25 Trillion in T-bills.

My friends, what we have here, is a math problem.

It's not a math problem it's called inflation which means the paper money and or t bills are not worth the paper that they are printed on. So genius, thanks for making my point

Well that's not exactly true.... I can buy a ton of paper, for the value of a few dollars. Six $1 Bills, can buy a whole ream of paper. That's way more paper, than the value of the paper used to make the bills.

So not so much.

But, yes there is inflation, that's true. However I would point out, that we had inflation under the gold standard. We had inflation of 20% in 1918, and that was when money was backed by gold.

By the way, we had inflation before the Federal Reserve was even created.

Inflation Rate in 1800 | Inflation Calculator

The 2.44% inflation rate means $1 in 1799 is equivalent to $1.02 in 1800. This inflation calculator uses the official US consumer price index.

www.in2013dollars.com

Widely known that having a gold standard, didn't mean that inflation didn't exist. In fact, in some ways inflation and deflation were worse before the Federal Reserve, because no one knew it was happening.

Not to mention that sometimes if the bank that your notes were from, failed, and then you ended up with zero. A bit risky.

Now granted, the reason banks failed, is because government put in place bad policies that caused them to fail (much like today honestly). And they created Federal Reserve as a fix to a problem they created. Granted.

But, regardless inflation is normal. There has never been a time where inflation didn't exist.

What? So you are now advocating that we go back to a gold standard?

Not going to happen. In fact, can't happen. Not possible.

There are people still using the gold standard.

They buy gold

So yea I do recommend the gold standard more so when idiotic governments print fake money

Well yes. You can do that. I have yet to meet anyone that worked out well for.

So for example I knew this guy at a company I worked for, and he bought a bunch of gold in 2011.

Now if you know what happened after 2011.... The price of gold fell by nearly half.

View attachment 330936

Now you could say that prices, extremely recently have gone back up, and that's true.....

But he found out something the hard way.... You can't pay bills with gold. Believe it or not, when your mortgage is due, you can't mail them a bar of gold.

I can't remember if he said he had to sell in 2014 or 2015, but I know he said he lost nearly half the value. Between the transaction fees, and storage cost, he lost half the value he purchased gold with. If you want to turn $1000 into $500, buy yourself some gold right now. Prices are good an high.

Gold is a garbage investment. You can do want you want of course, I'm not going to try and talk you out of it. But my recommendation is, buy mutual funds in company stocks.

I've doubled my money. Even to this day right now, with my portfolio value depressed.... I still have double the value I put in. Roughly a 110% return on investment.

And when this whole thing blows over, and stock prices go back up, I'll likely have a vastly larger return on my investment.

1 million dollars in confederate gold was worth exactly the same as i million in confederate paper money at one time. A day later the gold price was still one million and the paper was burned in the stove for warmth as it had no value

The purpose of Obamacare was not to provide healthcare but to bankrupt the USA as is shutting down the economy. They predicted a lot more patients that did not materialize

Not factually true.

Confederate Notes

► Buy Confederate Notes online securely with Golden Eagle Coins. Trusted dealer since 1974. A+ rating with BBB. Fully insured delivery through USPS.

www.goldeneaglecoin.com

It was not backed by hard assets, but simply by a promise to pay the bearer after the war, on the prospect of Southern victory and independence. As the war began to tilt against the Confederates, confidence in the currency diminished, and inflation followed.​

So no, one confederate dollars was not worth the same in confederate gold. The value of the Confederate dollar went up and down, and mostly down as the war dragged on, and it seemed less likely they would win.

And it was never directly backed by hard assets to begin with.

The purpose of Obamacare was not to provide healthcare but to bankrupt the USA as is shutting down the economy. They predicted a lot more patients that did not materialize

You are stumbling into a assumption. The fact things didn't turn out as expected, does not automatically mean something nefarious was going on.

Nor do I actually think Obama's goal was to destroy the country. Remember, the path to hell is paved with good intentions.

I never once suggested that Obama had bad intentions. Doesn't matter. Socialism doesn't work. The more we socialize, the worse it will get.

What I said was factually absolutely true after the civil war. The fact that white supremacist now collect confederate notes does not impress me.

Copper 1943 pennies impress me

Yes, after the war, the confederate dollars were worthless, just like at the end of the war they were worthless, and were declining in value throughout the entire time they were losing the war.

Which is why bright people then as now put their faith in metal

Like I said, I haven't met a single person yet, that invested in metal, and came out better off. Not one. Not even one person. Zero. None.

If you look at all the wealthy people in this country, and other countries... none of them have their investments in shiny rocks.

All of them have invested in value producing assets. Land that can be cultivated. Property that can be rented. Or companies that produce goods and services of value.

As Warren Buffet famously said

View attachment 331103

Something to consider..... if every rich person in the world is not doing something, and a bunch of poor people are.... might be a hint.

Try copper 1943 pennies

By all means, go for it. My investment strategy is working perfectly, has been tested and proven for 100 years.

If your retirement plan is copper pennies, knock yourself. Tell me how that works for you.

 

[esalla]

I have been saying this from the start...this strain is faaaar faaaar too weak to justify this response. They know something. They know...and the next time it's really gonna kill people...a lot of people.

And that response continues to this day...So the threat must still exist!

Yeah, something doesn't add up. There is something that is just not right about this. Well, lots of somethings. We can't count on the media to ask, my God they are nothing but worthless, if not straight out harmful themselves.

We are at war with china, no one who knows this wants the conflict to escalate to millions of degrees

The Chinese have controlling interest in many of the media companies. We have paid for our own destruction. Through purchase of cheap plastic shit at big box America we have ensured our own destruction.

The chinese own a piece of the us federal reserve. If we sue them and win they could sell us treasuries and stock to pay us back and totally destroy our economy in the process

Why? Because the inmates are in charge

The chinese own a piece of the us federal reserve.

Baloney.

If we sue them and win they could sell us treasuries and stock to pay us back and totally destroy our economy in the process

Hilarious! And wrong.

Dude I own a piece of the federal reserve everyone who owns t bills does, China owns Trillions in t bills and more trillions in stock of American companies. None of this is speculative it's all fact. If China sold all of it's American assets our economy would dissipate and inflation would make a loaf of bread cost a hundred bucks at least

All in all we are fucked and idiots walking around in masks would all be better off dead

Dude I own a piece of the federal reserve

You're lying.

everyone who owns t bills does

T-bills are debt issued by the US Treasury, not the Fed.

China owns Trillions in t bills and more trillions in stock of American companies.

About $1.1 trillion in Treasuries. I doubt they own anywhere near that in us stocks.

If China sold all of it's American assets our economy would dissipate

Dissipate? What do you mean?

If you do not know what dissipate means ask your homeroom teacher who will instruct you to use a dictionary

T bills are issued by the treasury and are backed in gold bullion in the federal reserve.

Play on little one

If you do not know what dissipate means

I know what dissipate means.
I don't know what your claim about China selling assets causing our economy to dissipate means.

So explain it.

How does China selling $1 trillion in Treasuries cause our economy to evaporate, disappear, vanish?

T bills are issued by the treasury and are backed in gold bullion in the federal reserve.

T-bills aren't backed by gold.

She (assuming that esalla is she) doesn't know what's she's talking about.

First, Even if China sells assets, they do not disappear, someone has to buys them.
Second, they cannot just send them back and demand cash, since they're long term based, for what they're getting paid interest. If they sell them, ownership changes, everything else, including terms stays the same.

Second, they cannot just send them back and demand cash,

And if they did get cash for them, which yields 0%, how does that cause US inflation or economic "dissipation"? LOL!

If China pulls out of the World economy our economy and way of life vanishes

I seriously hope you didn't spend much on higher education

How many continents do you hold investments on Sidney

If China pulls out of the World economy our economy and way of life vanishes

And then Chinese people start starving again.

I seriously hope you didn't spend much on higher education

You still looking for your inflation and dissipation proof? LOL!

No they will just continue cooking dogs alive as they always have and you will continue wanting their economy to flourish so they can torture more live animals and you can have your trinkets

You've given up on dissipation?

Nah, I just relish the local schizzos like you that believe that I answer to them...............

Next

And I enjoy poking the idiot.

So, China sells $1 trillion in Treasuries, suddenly we get inflation.

Still funny.

Inflation after the economic collapse and elevator shafts full of bimbos like you

You lose much in the first round

Still waiting for you to explain the sale causing an economic collapse...….

You mean you want me to explain the hypothetical sale that never happened. LOL, how would I do that?

You might want to lie back on the couch and tell us why your mother did that

You also might want to check your portfolio value

I know, you made 2 hysterical claims and can't provide the mechanism to back them up.

My portfolio is fine.

Others have made the same claims, and again I am humored by you as I do not answer to anyone officially

Kinda cool actually

China's $1.2 trillion weapon that could be used in a trade war with the US

China could dump its $1.17 trillion hoard of U.S. Treasurys in retaliation if there is a trade war with the United States, economists warn.

www.cnbc.com

Analysis: What is Plan B if China dumps its U.S. debt?

When borrowing money it's always good to have a Plan B in case a big creditor pulls the plug. That should be true whether the sum is a few thousand dollars or about a trillion, the size of the United States government's debt to China.

www.reuters.com

Again, there is no connection between China selling T-bills, and your portfolio of stocks.

Regardless, China really can't use that $1.2 Trillion as a weapon.

I find it ironic that you would even make that argument, given you just prior were complaining that money isn't backed by hard assets.

T-bills are IOUs. Just like Argentina was able to declare default, and simply not pay back the bonds, similarly the US could do the same.

This means China has spent $1.2 Trillion buying US bonds, and could end up losing their money.

China trying to use their US bonds as a weapon, would result in China losing $1.2 Trillion dollars.

The entire Chinese Federal Budget, is $3.4 Trillion. If anything, if we declared a default on all Chinese owned Bonds, we could almost instantly bankrupt the entire Chinese government, with one action. They are far more in danger of us refusing to pay back those bonds, than we are of them doing anything with them.

Remember, we've got their money... they've got IOUs.

Now that is not to suggest we would not also have some problems. Obviously if we declared default, this would lower the value of all US bonds, because obviously people would see we were willing to default on them.

That means our government borrowing costs would drastically go up.

And that would be a problem, only as long as our government continues to run a deficit, and has massive entitlement programs. If we reformed entitlements, and reduced, or eliminated our deficit... we could in fact default, and have absolutely no consequences. We could bankrupt China, and end up debt free, with no negative results.

Of course that means cutting Medicare and Social Security... which isn't likely to happen.

You miss the reality which is that it takes less than one thinks to begin a crash. If China sold all of it's debt the billionaires would sell quickly to lock in their profits and before you know it it's 1929 again

View attachment 331104

If you had kept your money in the market, even during the great depression, you would have earned back all the value that was lost.

In fact, many people did just that. How do I know? Because it came back. The reason values went back up, is because people still owned stock.

As I said before, the only way you actually lose all your money, is if you sell.

And by the way, you also need to remember, that all during the depression, the people who didn't sell their stocks, were still collecting dividend payments from the stocks they owned.

Same for me too. During 2008, when everyone was freaking out, and the world was going to end, and selling off.... I was buying stock, and I collected dividend payments from those stocks.

Btw, getting dividend payments right now. This is one of the reasons I haven't met a person who bought metal that ended up better off.

While your metal is just sitting there, doing nothing... my stocks, even when their total value is depressed... still generating income.

People could not keep invested what they didn't have and bye the way people were starving farms blew away and there were not enough jobs until the war. After the war things picked up.....................

You own many apple orchards?

I mean now? not then

 

[esalla]

I have been saying this from the start...this strain is faaaar faaaar too weak to justify this response. They know something. They know...and the next time it's really gonna kill people...a lot of people.

And that response continues to this day...So the threat must still exist!

Yeah, something doesn't add up. There is something that is just not right about this. Well, lots of somethings. We can't count on the media to ask, my God they are nothing but worthless, if not straight out harmful themselves.

We are at war with china, no one who knows this wants the conflict to escalate to millions of degrees

The Chinese have controlling interest in many of the media companies. We have paid for our own destruction. Through purchase of cheap plastic shit at big box America we have ensured our own destruction.

The chinese own a piece of the us federal reserve. If we sue them and win they could sell us treasuries and stock to pay us back and totally destroy our economy in the process

Why? Because the inmates are in charge

The chinese own a piece of the us federal reserve.

Baloney.

If we sue them and win they could sell us treasuries and stock to pay us back and totally destroy our economy in the process

Hilarious! And wrong.

Dude I own a piece of the federal reserve everyone who owns t bills does, China owns Trillions in t bills and more trillions in stock of American companies. None of this is speculative it's all fact. If China sold all of it's American assets our economy would dissipate and inflation would make a loaf of bread cost a hundred bucks at least

All in all we are fucked and idiots walking around in masks would all be better off dead

Dude I own a piece of the federal reserve

You're lying.

everyone who owns t bills does

T-bills are debt issued by the US Treasury, not the Fed.

China owns Trillions in t bills and more trillions in stock of American companies.

About $1.1 trillion in Treasuries. I doubt they own anywhere near that in us stocks.

If China sold all of it's American assets our economy would dissipate

Dissipate? What do you mean?

If you do not know what dissipate means ask your homeroom teacher who will instruct you to use a dictionary

T bills are issued by the treasury and are backed in gold bullion in the federal reserve.

Play on little one

Status Report of U.S. Government Gold Reserve - Current Report

fiscal.treasury.gov

Total Gold Reserves $388 Billion.

https://www.usdebtclock.org/

Total US debt (not including unfunded future liabilities of $23 Trillion)...... $25 Trillion.

Let's review.... We have $388 Billion in gold.... in order to "back" $25 Trillion in T-bills.

My friends, what we have here, is a math problem.

It's not a math problem it's called inflation which means the paper money and or t bills are not worth the paper that they are printed on. So genius, thanks for making my point

Well that's not exactly true.... I can buy a ton of paper, for the value of a few dollars. Six $1 Bills, can buy a whole ream of paper. That's way more paper, than the value of the paper used to make the bills.

So not so much.

But, yes there is inflation, that's true. However I would point out, that we had inflation under the gold standard. We had inflation of 20% in 1918, and that was when money was backed by gold.

By the way, we had inflation before the Federal Reserve was even created.

Inflation Rate in 1800 | Inflation Calculator

The 2.44% inflation rate means $1 in 1799 is equivalent to $1.02 in 1800. This inflation calculator uses the official US consumer price index.

www.in2013dollars.com

Widely known that having a gold standard, didn't mean that inflation didn't exist. In fact, in some ways inflation and deflation were worse before the Federal Reserve, because no one knew it was happening.

Not to mention that sometimes if the bank that your notes were from, failed, and then you ended up with zero. A bit risky.

Now granted, the reason banks failed, is because government put in place bad policies that caused them to fail (much like today honestly). And they created Federal Reserve as a fix to a problem they created. Granted.

But, regardless inflation is normal. There has never been a time where inflation didn't exist.

What? So you are now advocating that we go back to a gold standard?

Not going to happen. In fact, can't happen. Not possible.

There are people still using the gold standard.

They buy gold

So yea I do recommend the gold standard more so when idiotic governments print fake money

Well yes. You can do that. I have yet to meet anyone that worked out well for.

So for example I knew this guy at a company I worked for, and he bought a bunch of gold in 2011.

Now if you know what happened after 2011.... The price of gold fell by nearly half.

View attachment 330936

Now you could say that prices, extremely recently have gone back up, and that's true.....

But he found out something the hard way.... You can't pay bills with gold. Believe it or not, when your mortgage is due, you can't mail them a bar of gold.

I can't remember if he said he had to sell in 2014 or 2015, but I know he said he lost nearly half the value. Between the transaction fees, and storage cost, he lost half the value he purchased gold with. If you want to turn $1000 into $500, buy yourself some gold right now. Prices are good an high.

Gold is a garbage investment. You can do want you want of course, I'm not going to try and talk you out of it. But my recommendation is, buy mutual funds in company stocks.

I've doubled my money. Even to this day right now, with my portfolio value depressed.... I still have double the value I put in. Roughly a 110% return on investment.

And when this whole thing blows over, and stock prices go back up, I'll likely have a vastly larger return on my investment.

1 million dollars in confederate gold was worth exactly the same as i million in confederate paper money at one time. A day later the gold price was still one million and the paper was burned in the stove for warmth as it had no value

The purpose of Obamacare was not to provide healthcare but to bankrupt the USA as is shutting down the economy. They predicted a lot more patients that did not materialize

Not factually true.

Confederate Notes

► Buy Confederate Notes online securely with Golden Eagle Coins. Trusted dealer since 1974. A+ rating with BBB. Fully insured delivery through USPS.

www.goldeneaglecoin.com

It was not backed by hard assets, but simply by a promise to pay the bearer after the war, on the prospect of Southern victory and independence. As the war began to tilt against the Confederates, confidence in the currency diminished, and inflation followed.​

So no, one confederate dollars was not worth the same in confederate gold. The value of the Confederate dollar went up and down, and mostly down as the war dragged on, and it seemed less likely they would win.

And it was never directly backed by hard assets to begin with.

The purpose of Obamacare was not to provide healthcare but to bankrupt the USA as is shutting down the economy. They predicted a lot more patients that did not materialize

You are stumbling into a assumption. The fact things didn't turn out as expected, does not automatically mean something nefarious was going on.

Nor do I actually think Obama's goal was to destroy the country. Remember, the path to hell is paved with good intentions.

I never once suggested that Obama had bad intentions. Doesn't matter. Socialism doesn't work. The more we socialize, the worse it will get.

What I said was factually absolutely true after the civil war. The fact that white supremacist now collect confederate notes does not impress me.

Copper 1943 pennies impress me

Yes, after the war, the confederate dollars were worthless, just like at the end of the war they were worthless, and were declining in value throughout the entire time they were losing the war.

Which is why bright people then as now put their faith in metal

Like I said, I haven't met a single person yet, that invested in metal, and came out better off. Not one. Not even one person. Zero. None.

If you look at all the wealthy people in this country, and other countries... none of them have their investments in shiny rocks.

All of them have invested in value producing assets. Land that can be cultivated. Property that can be rented. Or companies that produce goods and services of value.

As Warren Buffet famously said

View attachment 331103

Something to consider..... if every rich person in the world is not doing something, and a bunch of poor people are.... might be a hint.

Try copper 1943 pennies

By all means, go for it. My investment strategy is working perfectly, has been tested and proven for 100 years.

If your retirement plan is copper pennies, knock yourself. Tell me how that works for you.

PCGS-Certified 1943-D Bronze Cent Sold For $1.7 Million

The only known 1943-dated Lincoln cent mistakenly struck at the Denver Mint on a bronze planchet has been sold for a record $1.7 million by Legend Numismatics of Lincroft, New Jersey.

www.pcgs.com

The Truth About 1943 Steel and Bronze Copper Wheat Penny Values

Learn How To Tell If Your 1943 Wheat Cent Is The Rare Bronze Version. Our Guide Tells You The Tricks Dealers Use To Make You Think That Your Rare Coins Are Common. Read To Learn More.

coinappraiser.com

Dumb government shit

 

[Flopper]

Feel free to disagree with me...but this is not a left or right thread...leave politics out of it please.

We have massive money printing going on (stimulus checks) which will cause inflation...primarily with food because that is primarily where the printed money is going.

We have massive shutdowns of business which has cause massive loss in tax revenue.

We had unsustainable pension plans that have been hanging on by their finger tips for years...the loss of tax revenue will certainly be enough to tip these over.

The job losses have caused millions to not be able to pay their rent or mortgage...landlords and mortgage companies CAN'T TAKE THAT HIT...they'll go bankrupt.

It is said that 4 out of 5 businesses that are closed right now will not re-open. That will hit the commercial mortgage sector. (not to mention the MBS's and the CDO's which is what started the 2008 financial crisis).

What we are about to see is going to be biblical in scope! And if you are not afraid, you are not paying attention.

We also have some exaggerations here.

 

[beagle9]

I have been saying this from the start...this strain is faaaar faaaar too weak to justify this response. They know something. They know...and the next time it's really gonna kill people...a lot of people.

And that response continues to this day...So the threat must still exist!

Yeah, something doesn't add up. There is something that is just not right about this. Well, lots of somethings. We can't count on the media to ask, my God they are nothing but worthless, if not straight out harmful themselves.

We are at war with china, no one who knows this wants the conflict to escalate to millions of degrees

The Chinese have controlling interest in many of the media companies. We have paid for our own destruction. Through purchase of cheap plastic shit at big box America we have ensured our own destruction.

The chinese own a piece of the us federal reserve. If we sue them and win they could sell us treasuries and stock to pay us back and totally destroy our economy in the process

Why? Because the inmates are in charge

They own about $1.2T. As we have seen the Fed can simply create that out of thin air. I used to think the "The Chinese will sell all of the US debt and crash our economy!" line as well.
However, it's all funny money...I mean look at the Dow Jones FFS...lol! We literally have 30% of our economy running at the moment, and that thing is still in the mid twenties. It's a fucking clown world...who knows?

The amount of american stock owned by china is harder to quantify

However if the chinese sell their t Bill's how would the USA pay them as we now pay all of our Bill's with money borrowed from china

All in all we are fucked

No we aren't. China has allowed an act of terrorism to come upon us in the form of a virus due their cover up and lies. This should negate any and all obligations we have towards China, otherwise they have done this to themselves. We should actually be conducting investigations on American's who allowed a communist nation to overthrow this nation, just as it had since done by way of those American's within certain sectors of our economy, and within certain sectors of our military.

If traitor's are found, where as they ignored the soverienty of our nation, and the security of our nation, then a price should be paid.

I don't think it's a good idea to default on our China loans. There is a reason we don't intentionally antagonize a nation of 1.4 billion people, who have been a civilization for 4,000 years.

They play the long game. We don't.

The only way to change things is to shut China off economically and exert worldwide pressure for them to change their ways.

We like cheap China products and cheap China labor in the country, so that is not going to happen. Seems like all that cheap China shit, and takeover of manufacturing, just might be part of their long game.

You start by throwing away your computer, car, phone and every electronic devise you own

You first.

I am just pointing out that everything is either made in china or has parts made in china. A computer fully made in the USA might cost 5,000 dollars and be half as fast

Really, and you know this how ?? Have faith in America, we ain't so ignorant that we don't know how to make products in quantities, and then based upon demand place the price to where everybody wins for those products created.

Dude the price of made in America is more because of union wages that will make a cheap motherboard in a computer cost 2 grand without the rest of the machine. It's not that America can't make the stuff it's the price. You want a 4 thousand dollar phone that does half of what the korean one does.

Really do you

How on Earth did we make it for 200 years in this country ? If we listen to this new crop of modern day thinkers, then one would think that we have been dumbed down to the point of being completely dependent now, and completely helpless in America.

 

[Andylusion]

I have been saying this from the start...this strain is faaaar faaaar too weak to justify this response. They know something. They know...and the next time it's really gonna kill people...a lot of people.

And that response continues to this day...So the threat must still exist!

Yeah, something doesn't add up. There is something that is just not right about this. Well, lots of somethings. We can't count on the media to ask, my God they are nothing but worthless, if not straight out harmful themselves.

We are at war with china, no one who knows this wants the conflict to escalate to millions of degrees

The Chinese have controlling interest in many of the media companies. We have paid for our own destruction. Through purchase of cheap plastic shit at big box America we have ensured our own destruction.

The chinese own a piece of the us federal reserve. If we sue them and win they could sell us treasuries and stock to pay us back and totally destroy our economy in the process

Why? Because the inmates are in charge

The chinese own a piece of the us federal reserve.

Baloney.

If we sue them and win they could sell us treasuries and stock to pay us back and totally destroy our economy in the process

Hilarious! And wrong.

Dude I own a piece of the federal reserve everyone who owns t bills does, China owns Trillions in t bills and more trillions in stock of American companies. None of this is speculative it's all fact. If China sold all of it's American assets our economy would dissipate and inflation would make a loaf of bread cost a hundred bucks at least

All in all we are fucked and idiots walking around in masks would all be better off dead

Dude I own a piece of the federal reserve

You're lying.

everyone who owns t bills does

T-bills are debt issued by the US Treasury, not the Fed.

China owns Trillions in t bills and more trillions in stock of American companies.

About $1.1 trillion in Treasuries. I doubt they own anywhere near that in us stocks.

If China sold all of it's American assets our economy would dissipate

Dissipate? What do you mean?

If you do not know what dissipate means ask your homeroom teacher who will instruct you to use a dictionary

T bills are issued by the treasury and are backed in gold bullion in the federal reserve.

Play on little one

If you do not know what dissipate means

I know what dissipate means.
I don't know what your claim about China selling assets causing our economy to dissipate means.

So explain it.

How does China selling $1 trillion in Treasuries cause our economy to evaporate, disappear, vanish?

T bills are issued by the treasury and are backed in gold bullion in the federal reserve.

T-bills aren't backed by gold.

She (assuming that esalla is she) doesn't know what's she's talking about.

First, Even if China sells assets, they do not disappear, someone has to buys them.
Second, they cannot just send them back and demand cash, since they're long term based, for what they're getting paid interest. If they sell them, ownership changes, everything else, including terms stays the same.

If China sells everything, a panic begins and everyone rushes to sell everything and the stock market crashes and elevator shafts become full of economic geniuses like you

Google it, there are photos

How Much U.S. Debt Does China Own?

As of 2023, China owns more than $859.4 billion in U.S. debt. That's less than the U.S. debt owned by Japan and represents about 2.6% of the total U.S. debt. Learn more.

www.investopedia.com

First... There is over $25 Trillion in US bonds on the market.

China only owns $1.1 Trillion worth. How does 4% of the bonds going on sale, cause a panic? Seems unlikely.

Moreover, why would there be a panic regardless?

The only possible reason there would be a panic, is if they believed the US wasn't going to pay the bonds. China selling, or not selling their bonds, wouldn't cause people to think well obvious the US is going to default.

China has already drastically reduced their holdings of US bonds. It hasn't caused people to think we were going to default.

Lastly, even if there was a crisis in the bond market, which could happen with, or without China doing anything... that isn't likely to cause a stock market crash.

We already know this from what happened in the UK.

U.K. Bond Auction Fails for First Time in 14 Years - WSJ

www.wsj.com

The UK government already had a bond crisis back in 2009. The stock market was already depressed because of the Sub-prime crash, but the bond failure had virtually no effect.

And why would it? British companies that were profitable and selling, were still profitable and selling.

The bond crisis pretty much only affected the government... because obviously it was the government that was unable to get money from selling the bonds.

Now obviously how the government responds to the bond crisis could cause a stock market crash. Thankfully the UK engaged in austerity. If they had instead engaged in tax hikes across the country, the results could have wrecked companies, and that could have severely damaged the stock market for sure.

 

[Thunk]

We also have some exaggerations here.

Sorry but I've given up...others arguing too much nonsense.

I'm not going to spend a month typing over such drivel...I gave a warning...heed it or not...your choice.

 

[Andylusion]

I have been saying this from the start...this strain is faaaar faaaar too weak to justify this response. They know something. They know...and the next time it's really gonna kill people...a lot of people.

And that response continues to this day...So the threat must still exist!

Yeah, something doesn't add up. There is something that is just not right about this. Well, lots of somethings. We can't count on the media to ask, my God they are nothing but worthless, if not straight out harmful themselves.

We are at war with china, no one who knows this wants the conflict to escalate to millions of degrees

The Chinese have controlling interest in many of the media companies. We have paid for our own destruction. Through purchase of cheap plastic shit at big box America we have ensured our own destruction.

The chinese own a piece of the us federal reserve. If we sue them and win they could sell us treasuries and stock to pay us back and totally destroy our economy in the process

Why? Because the inmates are in charge

The chinese own a piece of the us federal reserve.

Baloney.

If we sue them and win they could sell us treasuries and stock to pay us back and totally destroy our economy in the process

Hilarious! And wrong.

Dude I own a piece of the federal reserve everyone who owns t bills does, China owns Trillions in t bills and more trillions in stock of American companies. None of this is speculative it's all fact. If China sold all of it's American assets our economy would dissipate and inflation would make a loaf of bread cost a hundred bucks at least

All in all we are fucked and idiots walking around in masks would all be better off dead

Dude I own a piece of the federal reserve

You're lying.

everyone who owns t bills does

T-bills are debt issued by the US Treasury, not the Fed.

China owns Trillions in t bills and more trillions in stock of American companies.

About $1.1 trillion in Treasuries. I doubt they own anywhere near that in us stocks.

If China sold all of it's American assets our economy would dissipate

Dissipate? What do you mean?

If you do not know what dissipate means ask your homeroom teacher who will instruct you to use a dictionary

T bills are issued by the treasury and are backed in gold bullion in the federal reserve.

Play on little one

Status Report of U.S. Government Gold Reserve - Current Report

fiscal.treasury.gov

Total Gold Reserves $388 Billion.

https://www.usdebtclock.org/

Total US debt (not including unfunded future liabilities of $23 Trillion)...... $25 Trillion.

Let's review.... We have $388 Billion in gold.... in order to "back" $25 Trillion in T-bills.

My friends, what we have here, is a math problem.

It's not a math problem it's called inflation which means the paper money and or t bills are not worth the paper that they are printed on. So genius, thanks for making my point

Well that's not exactly true.... I can buy a ton of paper, for the value of a few dollars. Six $1 Bills, can buy a whole ream of paper. That's way more paper, than the value of the paper used to make the bills.

So not so much.

But, yes there is inflation, that's true. However I would point out, that we had inflation under the gold standard. We had inflation of 20% in 1918, and that was when money was backed by gold.

By the way, we had inflation before the Federal Reserve was even created.

Inflation Rate in 1800 | Inflation Calculator

The 2.44% inflation rate means $1 in 1799 is equivalent to $1.02 in 1800. This inflation calculator uses the official US consumer price index.

www.in2013dollars.com

Widely known that having a gold standard, didn't mean that inflation didn't exist. In fact, in some ways inflation and deflation were worse before the Federal Reserve, because no one knew it was happening.

Not to mention that sometimes if the bank that your notes were from, failed, and then you ended up with zero. A bit risky.

Now granted, the reason banks failed, is because government put in place bad policies that caused them to fail (much like today honestly). And they created Federal Reserve as a fix to a problem they created. Granted.

But, regardless inflation is normal. There has never been a time where inflation didn't exist.

What? So you are now advocating that we go back to a gold standard?

Not going to happen. In fact, can't happen. Not possible.

There are people still using the gold standard.

They buy gold

So yea I do recommend the gold standard more so when idiotic governments print fake money

Well yes. You can do that. I have yet to meet anyone that worked out well for.

So for example I knew this guy at a company I worked for, and he bought a bunch of gold in 2011.

Now if you know what happened after 2011.... The price of gold fell by nearly half.

View attachment 330936

Now you could say that prices, extremely recently have gone back up, and that's true.....

But he found out something the hard way.... You can't pay bills with gold. Believe it or not, when your mortgage is due, you can't mail them a bar of gold.

I can't remember if he said he had to sell in 2014 or 2015, but I know he said he lost nearly half the value. Between the transaction fees, and storage cost, he lost half the value he purchased gold with. If you want to turn $1000 into $500, buy yourself some gold right now. Prices are good an high.

Gold is a garbage investment. You can do want you want of course, I'm not going to try and talk you out of it. But my recommendation is, buy mutual funds in company stocks.

I've doubled my money. Even to this day right now, with my portfolio value depressed.... I still have double the value I put in. Roughly a 110% return on investment.

And when this whole thing blows over, and stock prices go back up, I'll likely have a vastly larger return on my investment.

1 million dollars in confederate gold was worth exactly the same as i million in confederate paper money at one time. A day later the gold price was still one million and the paper was burned in the stove for warmth as it had no value

The purpose of Obamacare was not to provide healthcare but to bankrupt the USA as is shutting down the economy. They predicted a lot more patients that did not materialize

Not factually true.

Confederate Notes

► Buy Confederate Notes online securely with Golden Eagle Coins. Trusted dealer since 1974. A+ rating with BBB. Fully insured delivery through USPS.

www.goldeneaglecoin.com

It was not backed by hard assets, but simply by a promise to pay the bearer after the war, on the prospect of Southern victory and independence. As the war began to tilt against the Confederates, confidence in the currency diminished, and inflation followed.​

So no, one confederate dollars was not worth the same in confederate gold. The value of the Confederate dollar went up and down, and mostly down as the war dragged on, and it seemed less likely they would win.

And it was never directly backed by hard assets to begin with.

The purpose of Obamacare was not to provide healthcare but to bankrupt the USA as is shutting down the economy. They predicted a lot more patients that did not materialize

You are stumbling into a assumption. The fact things didn't turn out as expected, does not automatically mean something nefarious was going on.

Nor do I actually think Obama's goal was to destroy the country. Remember, the path to hell is paved with good intentions.

I never once suggested that Obama had bad intentions. Doesn't matter. Socialism doesn't work. The more we socialize, the worse it will get.

What I said was factually absolutely true after the civil war. The fact that white supremacist now collect confederate notes does not impress me.

Copper 1943 pennies impress me

Yes, after the war, the confederate dollars were worthless, just like at the end of the war they were worthless, and were declining in value throughout the entire time they were losing the war.

Which is why bright people then as now put their faith in metal

Like I said, I haven't met a single person yet, that invested in metal, and came out better off. Not one. Not even one person. Zero. None.

If you look at all the wealthy people in this country, and other countries... none of them have their investments in shiny rocks.

All of them have invested in value producing assets. Land that can be cultivated. Property that can be rented. Or companies that produce goods and services of value.

As Warren Buffet famously said

View attachment 331103

Something to consider..... if every rich person in the world is not doing something, and a bunch of poor people are.... might be a hint.

Try copper 1943 pennies

By all means, go for it. My investment strategy is working perfectly, has been tested and proven for 100 years.

If your retirement plan is copper pennies, knock yourself. Tell me how that works for you.

PCGS-Certified 1943-D Bronze Cent Sold For $1.7 Million

The only known 1943-dated Lincoln cent mistakenly struck at the Denver Mint on a bronze planchet has been sold for a record $1.7 million by Legend Numismatics of Lincroft, New Jersey.

www.pcgs.com

The Truth About 1943 Steel and Bronze Copper Wheat Penny Values

Learn How To Tell If Your 1943 Wheat Cent Is The Rare Bronze Version. Our Guide Tells You The Tricks Dealers Use To Make You Think That Your Rare Coins Are Common. Read To Learn More.

coinappraiser.com

Dumb government shit

That is lunacy.

"The only known 1943-dated Lincoln cent mistakenly struck at the Denver Mint on a bronze planchet has been sold for a record $1.7 million by Legend Numismatics of Lincroft, New Jersey."

You said "Which is why bright people then as now put their faith in metal", and then linked to a single coin.... that is unique in the world.

So your "bright people" investment plan, is to sit around hoping you can get your hands on the only coin that was mistakenly minted on bronze.....

I'm just going by what you yourself posted.....

Well.... sir.... good luck with your plan.

I think I'll stick with my dividend earning stocks. Good luck finding that one coin on the planet that you can retire on.

 

[Meister]

I need to remind people that this IS the Clean Debate Zone....keep it civil going forward

 

[esalla]

I have been saying this from the start...this strain is faaaar faaaar too weak to justify this response. They know something. They know...and the next time it's really gonna kill people...a lot of people.

And that response continues to this day...So the threat must still exist!

Yeah, something doesn't add up. There is something that is just not right about this. Well, lots of somethings. We can't count on the media to ask, my God they are nothing but worthless, if not straight out harmful themselves.

We are at war with china, no one who knows this wants the conflict to escalate to millions of degrees

The Chinese have controlling interest in many of the media companies. We have paid for our own destruction. Through purchase of cheap plastic shit at big box America we have ensured our own destruction.

The chinese own a piece of the us federal reserve. If we sue them and win they could sell us treasuries and stock to pay us back and totally destroy our economy in the process

Why? Because the inmates are in charge

The chinese own a piece of the us federal reserve.

Baloney.

If we sue them and win they could sell us treasuries and stock to pay us back and totally destroy our economy in the process

Hilarious! And wrong.

Dude I own a piece of the federal reserve everyone who owns t bills does, China owns Trillions in t bills and more trillions in stock of American companies. None of this is speculative it's all fact. If China sold all of it's American assets our economy would dissipate and inflation would make a loaf of bread cost a hundred bucks at least

All in all we are fucked and idiots walking around in masks would all be better off dead

Dude I own a piece of the federal reserve

You're lying.

everyone who owns t bills does

T-bills are debt issued by the US Treasury, not the Fed.

China owns Trillions in t bills and more trillions in stock of American companies.

About $1.1 trillion in Treasuries. I doubt they own anywhere near that in us stocks.

If China sold all of it's American assets our economy would dissipate

Dissipate? What do you mean?

If you do not know what dissipate means ask your homeroom teacher who will instruct you to use a dictionary

T bills are issued by the treasury and are backed in gold bullion in the federal reserve.

Play on little one

Status Report of U.S. Government Gold Reserve - Current Report

fiscal.treasury.gov

Total Gold Reserves $388 Billion.

https://www.usdebtclock.org/

Total US debt (not including unfunded future liabilities of $23 Trillion)...... $25 Trillion.

Let's review.... We have $388 Billion in gold.... in order to "back" $25 Trillion in T-bills.

My friends, what we have here, is a math problem.

It's not a math problem it's called inflation which means the paper money and or t bills are not worth the paper that they are printed on. So genius, thanks for making my point

Well that's not exactly true.... I can buy a ton of paper, for the value of a few dollars. Six $1 Bills, can buy a whole ream of paper. That's way more paper, than the value of the paper used to make the bills.

So not so much.

But, yes there is inflation, that's true. However I would point out, that we had inflation under the gold standard. We had inflation of 20% in 1918, and that was when money was backed by gold.

By the way, we had inflation before the Federal Reserve was even created.

Inflation Rate in 1800 | Inflation Calculator

The 2.44% inflation rate means $1 in 1799 is equivalent to $1.02 in 1800. This inflation calculator uses the official US consumer price index.

www.in2013dollars.com

Widely known that having a gold standard, didn't mean that inflation didn't exist. In fact, in some ways inflation and deflation were worse before the Federal Reserve, because no one knew it was happening.

Not to mention that sometimes if the bank that your notes were from, failed, and then you ended up with zero. A bit risky.

Now granted, the reason banks failed, is because government put in place bad policies that caused them to fail (much like today honestly). And they created Federal Reserve as a fix to a problem they created. Granted.

But, regardless inflation is normal. There has never been a time where inflation didn't exist.

What? So you are now advocating that we go back to a gold standard?

Not going to happen. In fact, can't happen. Not possible.

There are people still using the gold standard.

They buy gold

So yea I do recommend the gold standard more so when idiotic governments print fake money

Well yes. You can do that. I have yet to meet anyone that worked out well for.

So for example I knew this guy at a company I worked for, and he bought a bunch of gold in 2011.

Now if you know what happened after 2011.... The price of gold fell by nearly half.

View attachment 330936

Now you could say that prices, extremely recently have gone back up, and that's true.....

But he found out something the hard way.... You can't pay bills with gold. Believe it or not, when your mortgage is due, you can't mail them a bar of gold.

I can't remember if he said he had to sell in 2014 or 2015, but I know he said he lost nearly half the value. Between the transaction fees, and storage cost, he lost half the value he purchased gold with. If you want to turn $1000 into $500, buy yourself some gold right now. Prices are good an high.

Gold is a garbage investment. You can do want you want of course, I'm not going to try and talk you out of it. But my recommendation is, buy mutual funds in company stocks.

I've doubled my money. Even to this day right now, with my portfolio value depressed.... I still have double the value I put in. Roughly a 110% return on investment.

And when this whole thing blows over, and stock prices go back up, I'll likely have a vastly larger return on my investment.

1 million dollars in confederate gold was worth exactly the same as i million in confederate paper money at one time. A day later the gold price was still one million and the paper was burned in the stove for warmth as it had no value

The purpose of Obamacare was not to provide healthcare but to bankrupt the USA as is shutting down the economy. They predicted a lot more patients that did not materialize

Not factually true.

Confederate Notes

► Buy Confederate Notes online securely with Golden Eagle Coins. Trusted dealer since 1974. A+ rating with BBB. Fully insured delivery through USPS.

www.goldeneaglecoin.com

It was not backed by hard assets, but simply by a promise to pay the bearer after the war, on the prospect of Southern victory and independence. As the war began to tilt against the Confederates, confidence in the currency diminished, and inflation followed.​

So no, one confederate dollars was not worth the same in confederate gold. The value of the Confederate dollar went up and down, and mostly down as the war dragged on, and it seemed less likely they would win.

And it was never directly backed by hard assets to begin with.

The purpose of Obamacare was not to provide healthcare but to bankrupt the USA as is shutting down the economy. They predicted a lot more patients that did not materialize

You are stumbling into a assumption. The fact things didn't turn out as expected, does not automatically mean something nefarious was going on.

Nor do I actually think Obama's goal was to destroy the country. Remember, the path to hell is paved with good intentions.

I never once suggested that Obama had bad intentions. Doesn't matter. Socialism doesn't work. The more we socialize, the worse it will get.

What I said was factually absolutely true after the civil war. The fact that white supremacist now collect confederate notes does not impress me.

Copper 1943 pennies impress me

Yes, after the war, the confederate dollars were worthless, just like at the end of the war they were worthless, and were declining in value throughout the entire time they were losing the war.

Which is why bright people then as now put their faith in metal

Like I said, I haven't met a single person yet, that invested in metal, and came out better off. Not one. Not even one person. Zero. None.

If you look at all the wealthy people in this country, and other countries... none of them have their investments in shiny rocks.

All of them have invested in value producing assets. Land that can be cultivated. Property that can be rented. Or companies that produce goods and services of value.

As Warren Buffet famously said

View attachment 331103

Something to consider..... if every rich person in the world is not doing something, and a bunch of poor people are.... might be a hint.

Try copper 1943 pennies

By all means, go for it. My investment strategy is working perfectly, has been tested and proven for 100 years.

If your retirement plan is copper pennies, knock yourself. Tell me how that works for you.

PCGS-Certified 1943-D Bronze Cent Sold For $1.7 Million

The only known 1943-dated Lincoln cent mistakenly struck at the Denver Mint on a bronze planchet has been sold for a record $1.7 million by Legend Numismatics of Lincroft, New Jersey.

www.pcgs.com

The Truth About 1943 Steel and Bronze Copper Wheat Penny Values

Learn How To Tell If Your 1943 Wheat Cent Is The Rare Bronze Version. Our Guide Tells You The Tricks Dealers Use To Make You Think That Your Rare Coins Are Common. Read To Learn More.

coinappraiser.com

Dumb government shit

That is lunacy.

"The only known 1943-dated Lincoln cent mistakenly struck at the Denver Mint on a bronze planchet has been sold for a record $1.7 million by Legend Numismatics of Lincroft, New Jersey."

You said "Which is why bright people then as now put their faith in metal", and then linked to a single coin.... that is unique in the world.

So your "bright people" investment plan, is to sit around hoping you can get your hands on the only coin that was mistakenly minted on bronze.....

I'm just going by what you yourself posted.....

Well.... sir.... good luck with your plan.

I think I'll stick with my dividend earning stocks. Good luck finding that one coin on the planet that you can retire on.

Again I can say whatever I choose on the internet. That said nothing that I have or will say has any world consequence, I am fully aware of this. Not sure what you believe that you are proving by defending China and by claiming that China can not use their American debt holdings as a weapon because they can do as they choose.

Debt weapon of choice for China to penetrate developing countries

Tonga raised alarm and begged China to write off her debt.

www.nation.co.ke

Play on

 

[Ame®icano]

I have been saying this from the start...this strain is faaaar faaaar too weak to justify this response. They know something. They know...and the next time it's really gonna kill people...a lot of people.

And that response continues to this day...So the threat must still exist!

Yeah, something doesn't add up. There is something that is just not right about this. Well, lots of somethings. We can't count on the media to ask, my God they are nothing but worthless, if not straight out harmful themselves.

We are at war with china, no one who knows this wants the conflict to escalate to millions of degrees

The Chinese have controlling interest in many of the media companies. We have paid for our own destruction. Through purchase of cheap plastic shit at big box America we have ensured our own destruction.

The chinese own a piece of the us federal reserve. If we sue them and win they could sell us treasuries and stock to pay us back and totally destroy our economy in the process

Why? Because the inmates are in charge

The chinese own a piece of the us federal reserve.

Baloney.

If we sue them and win they could sell us treasuries and stock to pay us back and totally destroy our economy in the process

Hilarious! And wrong.

Dude I own a piece of the federal reserve everyone who owns t bills does, China owns Trillions in t bills and more trillions in stock of American companies. None of this is speculative it's all fact. If China sold all of it's American assets our economy would dissipate and inflation would make a loaf of bread cost a hundred bucks at least

All in all we are fucked and idiots walking around in masks would all be better off dead

Dude I own a piece of the federal reserve

You're lying.

everyone who owns t bills does

T-bills are debt issued by the US Treasury, not the Fed.

China owns Trillions in t bills and more trillions in stock of American companies.

About $1.1 trillion in Treasuries. I doubt they own anywhere near that in us stocks.

If China sold all of it's American assets our economy would dissipate

Dissipate? What do you mean?

If you do not know what dissipate means ask your homeroom teacher who will instruct you to use a dictionary

T bills are issued by the treasury and are backed in gold bullion in the federal reserve.

Play on little one

Status Report of U.S. Government Gold Reserve - Current Report

fiscal.treasury.gov

Total Gold Reserves $388 Billion.

https://www.usdebtclock.org/

Total US debt (not including unfunded future liabilities of $23 Trillion)...... $25 Trillion.

Let's review.... We have $388 Billion in gold.... in order to "back" $25 Trillion in T-bills.

My friends, what we have here, is a math problem.

It's not a math problem it's called inflation which means the paper money and or t bills are not worth the paper that they are printed on. So genius, thanks for making my point

Well that's not exactly true.... I can buy a ton of paper, for the value of a few dollars. Six $1 Bills, can buy a whole ream of paper. That's way more paper, than the value of the paper used to make the bills.

So not so much.

But, yes there is inflation, that's true. However I would point out, that we had inflation under the gold standard. We had inflation of 20% in 1918, and that was when money was backed by gold.

By the way, we had inflation before the Federal Reserve was even created.

Inflation Rate in 1800 | Inflation Calculator

The 2.44% inflation rate means $1 in 1799 is equivalent to $1.02 in 1800. This inflation calculator uses the official US consumer price index.

www.in2013dollars.com

Widely known that having a gold standard, didn't mean that inflation didn't exist. In fact, in some ways inflation and deflation were worse before the Federal Reserve, because no one knew it was happening.

Not to mention that sometimes if the bank that your notes were from, failed, and then you ended up with zero. A bit risky.

Now granted, the reason banks failed, is because government put in place bad policies that caused them to fail (much like today honestly). And they created Federal Reserve as a fix to a problem they created. Granted.

But, regardless inflation is normal. There has never been a time where inflation didn't exist.

What? So you are now advocating that we go back to a gold standard?

Not going to happen. In fact, can't happen. Not possible.

There are people still using the gold standard.

They buy gold

So yea I do recommend the gold standard more so when idiotic governments print fake money

Well yes. You can do that. I have yet to meet anyone that worked out well for.

So for example I knew this guy at a company I worked for, and he bought a bunch of gold in 2011.

Now if you know what happened after 2011.... The price of gold fell by nearly half.

View attachment 330936

Now you could say that prices, extremely recently have gone back up, and that's true.....

But he found out something the hard way.... You can't pay bills with gold. Believe it or not, when your mortgage is due, you can't mail them a bar of gold.

I can't remember if he said he had to sell in 2014 or 2015, but I know he said he lost nearly half the value. Between the transaction fees, and storage cost, he lost half the value he purchased gold with. If you want to turn $1000 into $500, buy yourself some gold right now. Prices are good an high.

Gold is a garbage investment. You can do want you want of course, I'm not going to try and talk you out of it. But my recommendation is, buy mutual funds in company stocks.

I've doubled my money. Even to this day right now, with my portfolio value depressed.... I still have double the value I put in. Roughly a 110% return on investment.

And when this whole thing blows over, and stock prices go back up, I'll likely have a vastly larger return on my investment.

1 million dollars in confederate gold was worth exactly the same as i million in confederate paper money at one time. A day later the gold price was still one million and the paper was burned in the stove for warmth as it had no value

The purpose of Obamacare was not to provide healthcare but to bankrupt the USA as is shutting down the economy. They predicted a lot more patients that did not materialize

Not factually true.

Confederate Notes

► Buy Confederate Notes online securely with Golden Eagle Coins. Trusted dealer since 1974. A+ rating with BBB. Fully insured delivery through USPS.

www.goldeneaglecoin.com

It was not backed by hard assets, but simply by a promise to pay the bearer after the war, on the prospect of Southern victory and independence. As the war began to tilt against the Confederates, confidence in the currency diminished, and inflation followed.​

So no, one confederate dollars was not worth the same in confederate gold. The value of the Confederate dollar went up and down, and mostly down as the war dragged on, and it seemed less likely they would win.

And it was never directly backed by hard assets to begin with.

The purpose of Obamacare was not to provide healthcare but to bankrupt the USA as is shutting down the economy. They predicted a lot more patients that did not materialize

You are stumbling into a assumption. The fact things didn't turn out as expected, does not automatically mean something nefarious was going on.

Nor do I actually think Obama's goal was to destroy the country. Remember, the path to hell is paved with good intentions.

I never once suggested that Obama had bad intentions. Doesn't matter. Socialism doesn't work. The more we socialize, the worse it will get.

What I said was factually absolutely true after the civil war. The fact that white supremacist now collect confederate notes does not impress me.

Copper 1943 pennies impress me

Yes, after the war, the confederate dollars were worthless, just like at the end of the war they were worthless, and were declining in value throughout the entire time they were losing the war.

Which is why bright people then as now put their faith in metal

Like I said, I haven't met a single person yet, that invested in metal, and came out better off. Not one. Not even one person. Zero. None.

If you look at all the wealthy people in this country, and other countries... none of them have their investments in shiny rocks.

All of them have invested in value producing assets. Land that can be cultivated. Property that can be rented. Or companies that produce goods and services of value.

As Warren Buffet famously said

View attachment 331103

Something to consider..... if every rich person in the world is not doing something, and a bunch of poor people are.... might be a hint.

Try copper 1943 pennies

By all means, go for it. My investment strategy is working perfectly, has been tested and proven for 100 years.

If your retirement plan is copper pennies, knock yourself. Tell me how that works for you.

PCGS-Certified 1943-D Bronze Cent Sold For $1.7 Million

The only known 1943-dated Lincoln cent mistakenly struck at the Denver Mint on a bronze planchet has been sold for a record $1.7 million by Legend Numismatics of Lincroft, New Jersey.

www.pcgs.com

The Truth About 1943 Steel and Bronze Copper Wheat Penny Values

Learn How To Tell If Your 1943 Wheat Cent Is The Rare Bronze Version. Our Guide Tells You The Tricks Dealers Use To Make You Think That Your Rare Coins Are Common. Read To Learn More.

coinappraiser.com

Dumb government shit

That is lunacy.

"The only known 1943-dated Lincoln cent mistakenly struck at the Denver Mint on a bronze planchet has been sold for a record $1.7 million by Legend Numismatics of Lincroft, New Jersey."

You said "Which is why bright people then as now put their faith in metal", and then linked to a single coin.... that is unique in the world.

So your "bright people" investment plan, is to sit around hoping you can get your hands on the only coin that was mistakenly minted on bronze.....

I'm just going by what you yourself posted.....

Well.... sir.... good luck with your plan.

I think I'll stick with my dividend earning stocks. Good luck finding that one coin on the planet that you can retire on.

Again I can say whatever I choose on the internet. That said nothing that I have or will say has any world consequence, I am fully aware of this. Not sure what you believe that you are proving by defending China and by claiming that China can not use their American debt holdings as a weapon because they can do as they choose.

Debt weapon of choice for China to penetrate developing countries

Tonga raised alarm and begged China to write off her debt.

www.nation.co.ke

Play on

You completely misunderstood the article.

It's about developing nations that can't repay their debt to China, it has nothing to do with us.

 

[esalla]

I have been saying this from the start...this strain is faaaar faaaar too weak to justify this response. They know something. They know...and the next time it's really gonna kill people...a lot of people.

And that response continues to this day...So the threat must still exist!

Yeah, something doesn't add up. There is something that is just not right about this. Well, lots of somethings. We can't count on the media to ask, my God they are nothing but worthless, if not straight out harmful themselves.

We are at war with china, no one who knows this wants the conflict to escalate to millions of degrees

The Chinese have controlling interest in many of the media companies. We have paid for our own destruction. Through purchase of cheap plastic shit at big box America we have ensured our own destruction.

The chinese own a piece of the us federal reserve. If we sue them and win they could sell us treasuries and stock to pay us back and totally destroy our economy in the process

Why? Because the inmates are in charge

The chinese own a piece of the us federal reserve.

Baloney.

If we sue them and win they could sell us treasuries and stock to pay us back and totally destroy our economy in the process

Hilarious! And wrong.

Dude I own a piece of the federal reserve everyone who owns t bills does, China owns Trillions in t bills and more trillions in stock of American companies. None of this is speculative it's all fact. If China sold all of it's American assets our economy would dissipate and inflation would make a loaf of bread cost a hundred bucks at least

All in all we are fucked and idiots walking around in masks would all be better off dead

Dude I own a piece of the federal reserve

You're lying.

everyone who owns t bills does

T-bills are debt issued by the US Treasury, not the Fed.

China owns Trillions in t bills and more trillions in stock of American companies.

About $1.1 trillion in Treasuries. I doubt they own anywhere near that in us stocks.

If China sold all of it's American assets our economy would dissipate

Dissipate? What do you mean?

If you do not know what dissipate means ask your homeroom teacher who will instruct you to use a dictionary

T bills are issued by the treasury and are backed in gold bullion in the federal reserve.

Play on little one

Status Report of U.S. Government Gold Reserve - Current Report

fiscal.treasury.gov

Total Gold Reserves $388 Billion.

https://www.usdebtclock.org/

Total US debt (not including unfunded future liabilities of $23 Trillion)...... $25 Trillion.

Let's review.... We have $388 Billion in gold.... in order to "back" $25 Trillion in T-bills.

My friends, what we have here, is a math problem.

It's not a math problem it's called inflation which means the paper money and or t bills are not worth the paper that they are printed on. So genius, thanks for making my point

Well that's not exactly true.... I can buy a ton of paper, for the value of a few dollars. Six $1 Bills, can buy a whole ream of paper. That's way more paper, than the value of the paper used to make the bills.

So not so much.

But, yes there is inflation, that's true. However I would point out, that we had inflation under the gold standard. We had inflation of 20% in 1918, and that was when money was backed by gold.

By the way, we had inflation before the Federal Reserve was even created.

Inflation Rate in 1800 | Inflation Calculator

The 2.44% inflation rate means $1 in 1799 is equivalent to $1.02 in 1800. This inflation calculator uses the official US consumer price index.

www.in2013dollars.com

Widely known that having a gold standard, didn't mean that inflation didn't exist. In fact, in some ways inflation and deflation were worse before the Federal Reserve, because no one knew it was happening.

Not to mention that sometimes if the bank that your notes were from, failed, and then you ended up with zero. A bit risky.

Now granted, the reason banks failed, is because government put in place bad policies that caused them to fail (much like today honestly). And they created Federal Reserve as a fix to a problem they created. Granted.

But, regardless inflation is normal. There has never been a time where inflation didn't exist.

What? So you are now advocating that we go back to a gold standard?

Not going to happen. In fact, can't happen. Not possible.

There are people still using the gold standard.

They buy gold

So yea I do recommend the gold standard more so when idiotic governments print fake money

Well yes. You can do that. I have yet to meet anyone that worked out well for.

So for example I knew this guy at a company I worked for, and he bought a bunch of gold in 2011.

Now if you know what happened after 2011.... The price of gold fell by nearly half.

View attachment 330936

Now you could say that prices, extremely recently have gone back up, and that's true.....

But he found out something the hard way.... You can't pay bills with gold. Believe it or not, when your mortgage is due, you can't mail them a bar of gold.

I can't remember if he said he had to sell in 2014 or 2015, but I know he said he lost nearly half the value. Between the transaction fees, and storage cost, he lost half the value he purchased gold with. If you want to turn $1000 into $500, buy yourself some gold right now. Prices are good an high.

Gold is a garbage investment. You can do want you want of course, I'm not going to try and talk you out of it. But my recommendation is, buy mutual funds in company stocks.

I've doubled my money. Even to this day right now, with my portfolio value depressed.... I still have double the value I put in. Roughly a 110% return on investment.

And when this whole thing blows over, and stock prices go back up, I'll likely have a vastly larger return on my investment.

1 million dollars in confederate gold was worth exactly the same as i million in confederate paper money at one time. A day later the gold price was still one million and the paper was burned in the stove for warmth as it had no value

The purpose of Obamacare was not to provide healthcare but to bankrupt the USA as is shutting down the economy. They predicted a lot more patients that did not materialize

Not factually true.

Confederate Notes

► Buy Confederate Notes online securely with Golden Eagle Coins. Trusted dealer since 1974. A+ rating with BBB. Fully insured delivery through USPS.

www.goldeneaglecoin.com

It was not backed by hard assets, but simply by a promise to pay the bearer after the war, on the prospect of Southern victory and independence. As the war began to tilt against the Confederates, confidence in the currency diminished, and inflation followed.​

So no, one confederate dollars was not worth the same in confederate gold. The value of the Confederate dollar went up and down, and mostly down as the war dragged on, and it seemed less likely they would win.

And it was never directly backed by hard assets to begin with.

The purpose of Obamacare was not to provide healthcare but to bankrupt the USA as is shutting down the economy. They predicted a lot more patients that did not materialize

You are stumbling into a assumption. The fact things didn't turn out as expected, does not automatically mean something nefarious was going on.

Nor do I actually think Obama's goal was to destroy the country. Remember, the path to hell is paved with good intentions.

I never once suggested that Obama had bad intentions. Doesn't matter. Socialism doesn't work. The more we socialize, the worse it will get.

What I said was factually absolutely true after the civil war. The fact that white supremacist now collect confederate notes does not impress me.

Copper 1943 pennies impress me

Yes, after the war, the confederate dollars were worthless, just like at the end of the war they were worthless, and were declining in value throughout the entire time they were losing the war.

Which is why bright people then as now put their faith in metal

Like I said, I haven't met a single person yet, that invested in metal, and came out better off. Not one. Not even one person. Zero. None.

If you look at all the wealthy people in this country, and other countries... none of them have their investments in shiny rocks.

All of them have invested in value producing assets. Land that can be cultivated. Property that can be rented. Or companies that produce goods and services of value.

As Warren Buffet famously said

View attachment 331103

Something to consider..... if every rich person in the world is not doing something, and a bunch of poor people are.... might be a hint.

Try copper 1943 pennies

By all means, go for it. My investment strategy is working perfectly, has been tested and proven for 100 years.

If your retirement plan is copper pennies, knock yourself. Tell me how that works for you.

PCGS-Certified 1943-D Bronze Cent Sold For $1.7 Million

The only known 1943-dated Lincoln cent mistakenly struck at the Denver Mint on a bronze planchet has been sold for a record $1.7 million by Legend Numismatics of Lincroft, New Jersey.

www.pcgs.com

The Truth About 1943 Steel and Bronze Copper Wheat Penny Values

Learn How To Tell If Your 1943 Wheat Cent Is The Rare Bronze Version. Our Guide Tells You The Tricks Dealers Use To Make You Think That Your Rare Coins Are Common. Read To Learn More.

coinappraiser.com

Dumb government shit

That is lunacy.

"The only known 1943-dated Lincoln cent mistakenly struck at the Denver Mint on a bronze planchet has been sold for a record $1.7 million by Legend Numismatics of Lincroft, New Jersey."

You said "Which is why bright people then as now put their faith in metal", and then linked to a single coin.... that is unique in the world.

So your "bright people" investment plan, is to sit around hoping you can get your hands on the only coin that was mistakenly minted on bronze.....

I'm just going by what you yourself posted.....

Well.... sir.... good luck with your plan.

I think I'll stick with my dividend earning stocks. Good luck finding that one coin on the planet that you can retire on.

Again I can say whatever I choose on the internet. That said nothing that I have or will say has any world consequence, I am fully aware of this. Not sure what you believe that you are proving by defending China and by claiming that China can not use their American debt holdings as a weapon because they can do as they choose.

Debt weapon of choice for China to penetrate developing countries

Tonga raised alarm and begged China to write off her debt.

www.nation.co.ke

Play on

You completely misunderstood the article.

It's about developing nations that can't repay their debt to China, it has nothing to do with us.

Nope as I never read it.

Play on kid