Blacknarwhal
Let's Go Brandon!
What "assault"? If he's planning to destroy the FRN, what does it matter how many he spends? They're going to be Confederate money in another few weeks, months, whatever.
CORONA Kunstler: When Americans Wake From The Corona-Coma, This Will Be A Different Country
- Thread starter Blacknarwhal
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What "assault"? If he's planning to destroy the FRN, what does it matter how many he spends? They're going to be Confederate money in another few weeks, months, whatever.
Bitching about a "too strong dollar" and interest rates not below zero percent do not seem consistent with restoring a sound US dollar. But then, I don't play 47 dimension chess.
And no, I do not trust Trump at this point - at least to do anything much beyond looking after his own interests.
And no, I do not trust Trump at this point - at least to do anything much beyond looking after his own interests.
hiwall
Has No Life - Lives on TB
I can understand the lack of trust. Trump really wants the stock market to stay up. I can understand that too for many reasons. Trying to keep things as normal as possible. A big fall in the markets scares people, not a good thing. A weak dollar, zero interest, build up the markets are things being done to try and keep things as normal as possible for as long as possible. There is never going to be any way to restore a sound US dollar. The dollar will collapse. Now, while it is being propped up gives all Americans a chance to build up supplies and Trump has told people to do that on many occasions. At least he told them even though very few will heed his advice. Right now everyone has at least some time to get their ducks in a row.
Everyone has had DECADES to get their ducks in a row. Anyone who has not figured things out by now is not going to do so. Sorry, but that ship has sailed. The storm is here NOW, it is not just 'coming eventually/soon' any more.
What the mysterious "they" will throw at us next I don't know, but I am nigh certain it will not be to help me, and I will not like it, short term or long term.
There is never going to be any way to restore a sound US dollar. The dollar will collapse.
I can agree with that. I'm not sure what the tipping point was when the FRN$ became unsalvageable, but it was a LONG time ago. All FRN$ are debt representations and they plus the national debt, unfunded liabilities and everything else will never be paid back. All "assets" denominated in FRN$ will be vaporized as well.
It's time to be making headspace for those realizations, or something like them. I don't know when or how, but it has been clear something tectonic in the financial sense was coming for a long time.
What the mysterious "they" will throw at us next I don't know, but I am nigh certain it will not be to help me, and I will not like it, short term or long term.
There is never going to be any way to restore a sound US dollar. The dollar will collapse.
I can agree with that. I'm not sure what the tipping point was when the FRN$ became unsalvageable, but it was a LONG time ago. All FRN$ are debt representations and they plus the national debt, unfunded liabilities and everything else will never be paid back. All "assets" denominated in FRN$ will be vaporized as well.
It's time to be making headspace for those realizations, or something like them. I don't know when or how, but it has been clear something tectonic in the financial sense was coming for a long time.
Geez, some of you people are having wet dreams about all of the doomer porn becoming reality.
The dollar isn't going away. It may change value but it will still be what we use to transfer goods and services. The dollar may make the transfer through the use of tools like credit and debit cards but the dollar will remain the base currency that stuff is built on.
And the economy may suck for a while but there will still be an economy. We aren't going full mad max where fuel is the currency of choice.
And everyone - including the "good guys" - are out for themselves. They wouldn't be human if they weren't. And some of the good guys are pulling that road to hell and what it is paved with.
I think some of the article is just wishful thinking. Just like some of the stuff being spewed around TB2K. Basically you just need to keep your crap together and don't put all of your eggs in one basket. And don't let people take your rights away.
The dollar isn't going away. It may change value but it will still be what we use to transfer goods and services. The dollar may make the transfer through the use of tools like credit and debit cards but the dollar will remain the base currency that stuff is built on.
And the economy may suck for a while but there will still be an economy. We aren't going full mad max where fuel is the currency of choice.
And everyone - including the "good guys" - are out for themselves. They wouldn't be human if they weren't. And some of the good guys are pulling that road to hell and what it is paved with.
I think some of the article is just wishful thinking. Just like some of the stuff being spewed around TB2K. Basically you just need to keep your crap together and don't put all of your eggs in one basket. And don't let people take your rights away.
hiwall
Has No Life - Lives on TB
Kathy, you are the voice of reason and I can see how what you say makes sense.
But I believe this "emergency" will require a huge amount of stimulus from the US government, way more than what has already been done. Congress has already thrown in about 3 trillion and I believe they will continue with much more than that. Because of severely reduced tax revenue while at a time of greatly increased cost expenditures, cities, counties, and at least some states will need a bailout from the federal government. I could easily see Congress upping that 3 trillion to 10 trillion which would mean our nation debt rising to $33 trillion+. How can we even pay the interest on all that debt? Only by issuing more debt. No I believe the dollar will die. Not in 2020 but soon.
But I believe this "emergency" will require a huge amount of stimulus from the US government, way more than what has already been done. Congress has already thrown in about 3 trillion and I believe they will continue with much more than that. Because of severely reduced tax revenue while at a time of greatly increased cost expenditures, cities, counties, and at least some states will need a bailout from the federal government. I could easily see Congress upping that 3 trillion to 10 trillion which would mean our nation debt rising to $33 trillion+. How can we even pay the interest on all that debt? Only by issuing more debt. No I believe the dollar will die. Not in 2020 but soon.
cleobc
Veteran Member
Anyone who thinks the nation can be fed on small farms with human labor is dreaming. That ended at the beginning of the 20th century. I'm always amazed at how many people have bought the left's lie that "agribusiness" is evil and that it controls all agriculture. 90% of farms are still family owned, but it takes large acreage to support a family. Farms of a few acres cannot feed a population the size of ours. The left controls America's ideas of agriculture and like everything else, they lie about it.