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21 comments:
5
28 days ago
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2 children
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4
28 days ago
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Gold and silver been down and sideways since January. When does gold and silver rip again?
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4
28 days ago
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I'm gonna guess when the food and goods prices catch up to the diesel prices and transport price increases. Considering they're draining the strategic oil reserves again and there's no end to the Iran shit in sight... I'd give it about 4 months and we'll have $10/gal diesel and $10/gal milk. Normies really won't be able to pay their bills then, money printer go brrr and gold go brrr after that. I bought right at the very peak, as usual because I'm a retard, so I really hope it goes on a rip again soon.
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28 days ago
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If one Israeli feels every .01% more safe, than totally worth it.
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0
28 days ago
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Can you spare a square fren? 😘
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invest in ammo and heirloom seeds, and cattle
esp cattle, food in hard times becomes more precious than precious metals
esp cattle, food in hard times becomes more precious than precious metals
Look up pandemic bonds
The DATE is what is most suspicious
https://www.worldbank.org/en/news/press-release/2017/06/28/world-bank-launches-first-ever-pandemic-bonds-to-support-500-million-pandemic-emergency-financing-facility
>Washington, DC, June 28, 2017 – The World Bank (International Bank for Reconstruction and Development) today launched specialized bonds aimed at providing financial support to the Pandemic Emergency Financing Facility (PEF), a facility created by the World Bank to channel surge funding to developing countries facing the risk of a pandemic.
More proof the ScamDemic was all planned in advance
https://www.worldbank.org/en/news/press-release/2017/06/28/world-bank-launches-first-ever-pandemic-bonds-to-support-500-million-pandemic-emergency-financing-facility
>Washington, DC, June 28, 2017 – The World Bank (International Bank for Reconstruction and Development) today launched specialized bonds aimed at providing financial support to the Pandemic Emergency Financing Facility (PEF), a facility created by the World Bank to channel surge funding to developing countries facing the risk of a pandemic.
More proof the ScamDemic was all planned in advance
Bitcoin solves this
>the most perfect fiat currency ever devised solves the problem of fiat currency
I can’t wait for you all to starve to death.
I can’t wait for you all to starve to death.
Invest now into the world's largest crypto rugpull. Don't worry, I bet Satoshi Nakamoto conveniently lost the passphrase for his wallet with 1.1 million Bitcoin in it, that's why he hasn't used any of it. It's definitely not just a huge setup to pump and dump and walk away with enough generational wealth to be the richest man on the planet. It's literally gambling.
no wonder they are crashing btc. everyone will be afraid, then when btc is at cycle low, finacial horror. sp correct, ai bubble pops, btc pumps and leaves people behind
Why would there be a currency crisis? People get paid their income in USD, prices are fairly stable and people pay their taxes in USD. The currency is fine, what's the problem?
You have to sell bonds to print more fiat.
Right now the world is buying less treasuries and more gold instead. Therefore the bond rate goes up.
If the bond rate goes up, then they USA government has to pay a higher rate on the interest it pays on the debt.
The USA government is already paying almost $1.5 trillion per year on debt. If the bond rate goes up in addition to the principal, then the debt balloons.
The USA Government has a lot of SHORT TERM debt it took out since covid that it needs to frequently keep rolling over through treasury bond market. If rates explode then that's like the mortgage RATE going up on your house in ADDITION to the principal amount owed (say you took out HELOC) and now you are fucked with ever increasing mortgage payments and your income doesn't keep up.
Right now the world is buying less treasuries and more gold instead. Therefore the bond rate goes up.
If the bond rate goes up, then they USA government has to pay a higher rate on the interest it pays on the debt.
The USA government is already paying almost $1.5 trillion per year on debt. If the bond rate goes up in addition to the principal, then the debt balloons.
The USA Government has a lot of SHORT TERM debt it took out since covid that it needs to frequently keep rolling over through treasury bond market. If rates explode then that's like the mortgage RATE going up on your house in ADDITION to the principal amount owed (say you took out HELOC) and now you are fucked with ever increasing mortgage payments and your income doesn't keep up.
This sounds more like a debt crisis not a "currency" crisis. It's definitely a pressing concern for the US Government though.
There's a lot of options for the government though to ensure this problem never becomes too large:
- Simple lowering spending or raising taxes to reduce the need for debt would lower interest rates by reducing the government's demand for lending.
- Reducing capital gains and dividend taxes would reduce interest rates. So too would a foreign capital outlay levy (raise taxes and lower interest rates).
One way or another at some point in the future we're going to have to take a serious look at spending. The government is just kicking the can down the road but when the "debt crisis" happens, that'll be the time when we do. There's tons of deadweight that can be cut if needed so I doubt any true crisis will ever occur.
There's a lot of options for the government though to ensure this problem never becomes too large:
- Simple lowering spending or raising taxes to reduce the need for debt would lower interest rates by reducing the government's demand for lending.
- Reducing capital gains and dividend taxes would reduce interest rates. So too would a foreign capital outlay levy (raise taxes and lower interest rates).
One way or another at some point in the future we're going to have to take a serious look at spending. The government is just kicking the can down the road but when the "debt crisis" happens, that'll be the time when we do. There's tons of deadweight that can be cut if needed so I doubt any true crisis will ever occur.
Thank you for making the distinction. They do seem to go hand in hand. A debt crisis should become a currency crisis. But today people are under so many devil magick spells that maybe they believe the illusion of the fiat jew dollar as long as they live.
Government raising taxes or reducing Debt = Hahhaha good luck with that. When Ron Paul becomes president?
I'm not sure i quite follow how reducing capital gains and dividend taxes effects the debt load of the USA government or the bond rates.
The easiest thing for the government to do, and pretty much their only option, is hyper inflate their way out of debt like they did during the 1970s after disconnecting from gold standard entirely. That means 10% inflation per year for a decade even if the government lies to you and manipulates the CPI for appearance (putting lots of makeup on an ugly woman).
Government raising taxes or reducing Debt = Hahhaha good luck with that. When Ron Paul becomes president?
I'm not sure i quite follow how reducing capital gains and dividend taxes effects the debt load of the USA government or the bond rates.
The easiest thing for the government to do, and pretty much their only option, is hyper inflate their way out of debt like they did during the 1970s after disconnecting from gold standard entirely. That means 10% inflation per year for a decade even if the government lies to you and manipulates the CPI for appearance (putting lots of makeup on an ugly woman).
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