JonKoch
VIP Member
- May 14, 2017
- 1,779
- 151
- 65
LABOR is getting paid, regardless of how you are paid, consumable or not!
Jackson? Oh right the possibly worst Prez EVER. Follow what happened after the debt was cleared up
No, we are not "paid", we are given a medium of exchange that has no intrinsic value that cannot be exchanged for REAL money which is silver/and or gold. That was done away with when USA.INC declared Bankruptcy in March of 1933 and under penalty of a huge fine and a five year prison sentence, the people had to turn in their REAL money (gold) in exchange for a Federal Reserve Note and people lost allodial rights to property. Are you familiar with HJR 192 per chance?
Tell that to the rest of the world who flock to the safety and security of US treasuries Bubs
What are those "treasuries" backed by? What commodity or something of an intrinsic value props it up other than the fact that a country must attain Federal Reserve Notes in order to buy oil from OPEC, a deal made by Nixon that we refer to as the "petro-dollar" after Nixon nixed the Bretton Woods agreement? You do know about the petro-dollar, the Bretton Woods agreement after WWII, correct? It seems to me that this bogus system (based on the military might of USA.INC) couldn't continue to exist unless there was a collaboration and deals made to protect countries that produce oil and any country that doesn't like to exchange their oil for worthless debt notes can count on USA.INC's military might to come over and open a can of (snicker) "democracy" on their asses and install a petro-dollar friendly puppet.....no?
Weird, don't understand how it works huh?
“full faith and credit”, Know why EVERYONE has flocked to US treasuries Bubs?
"Full faith and credit"?????? Of a nation that is 20 Trillion Federal Reserve Notes in debt????......yeah, that's a (snicker) "safe bet.....sign me up!!!! LMAO!!!!!!!!!!!
Money Is Flowing Into The United States
"European and Asian investors have been rushing into the United States bond market, spurred by a global glut of savings that has reached record levels."
"about $750 billion of private money has poured into the United States in the last two years alone. About $500 billion, he calculates, reflects European and Asian investors buying United States Treasury securities, bonds issued by Fannie Mae and debt issued by American countries."
https://seekingalpha.com/article/4014559-money-flowing-united-states-risks