Slade3200
Diamond Member
- Jan 13, 2016
- 68,377
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- #121
That doesn’t address the current situation and using a massive stimulus to keep the economy afloat. Yeah everybody gets a few checks while they hunker down. Currencies get devalued a bit. Ok now what?History of the Reserve Currency has always ended badly................It was the pound...........it is the dollar now...........and will be electronic currency next.Ok, it will never be paid back. I’ll stimulate that... so how how does it lead to one world currency and and how does it devastate the entire globe. Connect the dotsOk let’s look at that... Americans hold about 100 Trillion in wealth. So let’s say we inject 10 Trillion to get us through this period... that would in theory dilute the dollar by 10% causing inflation. So we would have to deal with that vs. 10s of millions out of work and thousands of businesses shutting down. You seem very quick to dismiss a detailed discussion about the stimulus. Why is that?Sounds to me like you can’t explain it. I’m not saying we won’t face inflation... but it would be a very different inflation than the examples you pointed toHyper inflation only happens when there are more attractive currencies to own and the value of one decreases.
There can be no other response to that spectacular display of extreme ignorance, than this…
View attachment 319123
If you print tens of trillions, the dollar will be worthless. Why is that so difficult to understand? Why?
For one, that money will never be paid back, two, it will lead to a one world currency which will devastate the entire globe. It really is that simple.
It's not the FEDERAL DEBT that is the main problem..........it is the Federal Reserve handing it out like cocaine to an addict at the back door........It is using Fractional Banking to make bets and manipulate the markets............into GIANT BALLOONS...............
Then some guy goes.......be happy man .....look at the value of your house.......Wow dude......then it crashes and your house is under water...........They laugh..............do it again.