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susurrador
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Re: The Fed may be sitting down to its last supper soon. [Re: qman]
#26572243 - 04/01/20 10:41 PM (3 years, 9 months ago) |
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Quote:
qman said: No, The Elite don't want a weak dollar, never mind a dollar devaluation.
Trump has stated for 3-4 years he wanted a weaker dollar, yet the US dollar continues to trade higher. It's not what they say, it's what they actually do.
The Elite want a deflationary economic environment and strong currency. The whole goal is currency and debt preservation, not economic growth and inflation.
The Fed is printing money to practice socialism for The Elite, it's not to help anything on Main Street. It's socialism for Wall Street and debt slavery for Main Street. It's the perfect plan and I don't see how there's anything that's going to stop it.
https://www.google.com/amp/s/www.forbes.com/sites/qai/2020/03/31/top-options-trades-as-fed-weakens-us-dollar/amp/
As we continue to pump the money, it will get weaker.
-------------------- "If it doesn't work, you can always hit him with it."
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Falcon91Wolvrn03
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Re: The Fed may be sitting down to its last supper soon. [Re: susurrador] 1
#26572244 - 04/01/20 10:44 PM (3 years, 9 months ago) |
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I don't recall you posting in the Political Forum much before, but Forbes has been proven time and time again to be one of the worst sources of information there is. I'll still read the article and comment shortly...
-------------------- I am in a minority on the shroomery, as I frequently defend the opposing side when they have a point about something or when my side make believes something about them. I also attack my side if I think they're wrong. People here get very confused by that and think it means I prefer the other side.
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susurrador
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Re: The Fed may be sitting down to its last supper soon. [Re: Falcon91Wolvrn03]
#26572246 - 04/01/20 10:45 PM (3 years, 9 months ago) |
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Quote:
Falcon91Wolvrn03 said: Again, because if we just create money as we need it, without debt as your videos propose, we get hyperinflation.
If there is no rhyme or reason to the money creation, yes- it will hyperinflate at a point.
-------------------- "If it doesn't work, you can always hit him with it."
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Falcon91Wolvrn03
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Re: The Fed may be sitting down to its last supper soon. [Re: susurrador]
#26572298 - 04/01/20 11:13 PM (3 years, 9 months ago) |
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Ok, I read the article, and it says the dollar may go down as we issue more currency. But this could be offset by other countries issuing more as well. I don't know what the net effect will be.
Quote:
susurrador said:
Quote:
Falcon91Wolvrn03 said: If we just create money as we need it, without debt as your videos propose, we get hyperinflation.
If there is no rhyme or reason to the money creation, yes- it will hyperinflate at a point.
That's why we don't just create money as needed.
-------------------- I am in a minority on the shroomery, as I frequently defend the opposing side when they have a point about something or when my side make believes something about them. I also attack my side if I think they're wrong. People here get very confused by that and think it means I prefer the other side.
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LogicaL Chaos
Ascension Energy & Alien UFOs




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Re: The Fed may be sitting down to its last supper soon. [Re: susurrador]
#26572305 - 04/01/20 11:24 PM (3 years, 9 months ago) |
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I didnt watch the video.
I would guess that the 2 TRILLION dollar stimulus package will cause the US dollar to hyperinflate. And that is not a good thing for the US dollar.....
It might even collapse it.
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susurrador
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Re: The Fed may be sitting down to its last supper soon. [Re: Falcon91Wolvrn03]
#26572309 - 04/01/20 11:30 PM (3 years, 9 months ago) |
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Quote:
Falcon91Wolvrn03 said: Ok, I read the article, and it says the dollar may go down as we issue more currency. But this could be offset by other countries issuing more as well. I don't know what the net effect will be.
Quote:
susurrador said:
Quote:
Falcon91Wolvrn03 said: If we just create money as we need it, without debt as your videos propose, we get hyperinflation.
If there is no rhyme or reason to the money creation, yes- it will hyperinflate at a point.
That's why we don't just create money as needed.
And how is it different when we let someone else do the magic rabbit(dollars) from a hat trick? It is different because we pay dearly in interest. Why? Why pay interest if you don't have to? It's the worlds biggest scam.
-------------------- "If it doesn't work, you can always hit him with it."
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Falcon91Wolvrn03
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Re: The Fed may be sitting down to its last supper soon. [Re: LogicaL Chaos]
#26572313 - 04/01/20 11:33 PM (3 years, 9 months ago) |
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Quote:
LogicaL Chaos said: I would guess that the 2 TRILLION dollar stimulus package will cause the US dollar to hyperinflate. And that is not a good thing for the US dollar.....
It might even collapse it.
No, it won't unless we do what susurrador is suggesting (just printing the money).
Instead we borrow the money, so that new money isn't created.
-------------------- I am in a minority on the shroomery, as I frequently defend the opposing side when they have a point about something or when my side make believes something about them. I also attack my side if I think they're wrong. People here get very confused by that and think it means I prefer the other side.
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susurrador
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Re: The Fed may be sitting down to its last supper soon. [Re: LogicaL Chaos]
#26572318 - 04/01/20 11:35 PM (3 years, 9 months ago) |
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Quote:
LogicaL Chaos said: I didnt watch the video.
I would guess that the 2 TRILLION dollar stimulus package will cause the US dollar to hyperinflate. And that is not a good thing for the US dollar.....
It might even collapse it.
The second video I posted is the nuts and bolts. The first one is the documaker talking about how he sent a paper to the WhiteHouse with his position and historical examples of where this has been done.
There are assumptions the average person is working with and one is that the Fed is a government agency.
The other is that we need the Fed.
Both are incorrect and very few people have stepped back far enough and looked at history to see what has really been going on.
Time and time again control of the money supply has been raided from our control.
The Secret of Oz takes you through the history. Blew my fucking mind.
-------------------- "If it doesn't work, you can always hit him with it."
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susurrador
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Re: The Fed may be sitting down to its last supper soon. [Re: Falcon91Wolvrn03]
#26572321 - 04/01/20 11:36 PM (3 years, 9 months ago) |
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New money is created through the fractional reserve system.
Quote:
Falcon91Wolvrn03 said:
Quote:
LogicaL Chaos said: I would guess that the 2 TRILLION dollar stimulus package will cause the US dollar to hyperinflate. And that is not a good thing for the US dollar.....
It might even collapse it.
No, it won't unless we do what susurrador is suggesting (just printing the money).
Instead we borrow the money, so that new money isn't created.
But the Fed just wills the money into existence. Literally.
-------------------- "If it doesn't work, you can always hit him with it."
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Falcon91Wolvrn03
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Re: The Fed may be sitting down to its last supper soon. [Re: susurrador]
#26572322 - 04/01/20 11:37 PM (3 years, 9 months ago) |
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Quote:
susurrador said: And how is it different when we let someone else do the magic rabbit(dollars) from a hat trick? It is different because we pay dearly in interest. Why? Why pay interest if you don't have to? It's the worlds biggest scam.
Explained in my previous post.
We borrow money that already exists so we don't have to create new money.
-------------------- I am in a minority on the shroomery, as I frequently defend the opposing side when they have a point about something or when my side make believes something about them. I also attack my side if I think they're wrong. People here get very confused by that and think it means I prefer the other side.
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susurrador
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Re: The Fed may be sitting down to its last supper soon. [Re: Falcon91Wolvrn03]
#26572327 - 04/01/20 11:41 PM (3 years, 9 months ago) |
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Nay. The money is created. Then loaned at interest.
The second step would be unneccessary if the government took responsibility for the money supply.
We are being sold our own money which we have right to create ourselves.
-------------------- "If it doesn't work, you can always hit him with it."
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susurrador
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Re: The Fed may be sitting down to its last supper soon. [Re: susurrador]
#26572328 - 04/01/20 11:43 PM (3 years, 9 months ago) |
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And most of the money is created through fractional reserve system.
So we pay interest on money that was multiplied by 10 just for being in a bank.
So bank gets principle x10 plus interest x10 on deposits.
Again. Why do we have to pay interest to a bank to create the money?
-------------------- "If it doesn't work, you can always hit him with it."
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Falcon91Wolvrn03
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Re: The Fed may be sitting down to its last supper soon. [Re: susurrador]
#26572329 - 04/01/20 11:44 PM (3 years, 9 months ago) |
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Quote:
susurrador said: New money is created through the fractional reserve system.
The Fed just wills the money into existence. Literally.
And that same money is just willed out of existence when the money is paid back. Literally.
Why Money Disappears When Loans Are Repaid
-------------------- I am in a minority on the shroomery, as I frequently defend the opposing side when they have a point about something or when my side make believes something about them. I also attack my side if I think they're wrong. People here get very confused by that and think it means I prefer the other side.
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susurrador
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Re: The Fed may be sitting down to its last supper soon. [Re: Falcon91Wolvrn03]
#26572342 - 04/02/20 12:01 AM (3 years, 9 months ago) |
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And the interest?
-------------------- "If it doesn't work, you can always hit him with it."
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Falcon91Wolvrn03
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Re: The Fed may be sitting down to its last supper soon. [Re: susurrador]
#26572346 - 04/02/20 12:06 AM (3 years, 9 months ago) |
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New money is created to cover interest, and that's one reason we see about 3% inflation per year.
-------------------- I am in a minority on the shroomery, as I frequently defend the opposing side when they have a point about something or when my side make believes something about them. I also attack my side if I think they're wrong. People here get very confused by that and think it means I prefer the other side.
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susurrador
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Re: The Fed may be sitting down to its last supper soon. [Re: Falcon91Wolvrn03]
#26572349 - 04/02/20 12:09 AM (3 years, 9 months ago) |
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New money created as national debt? Pays the interest?
-------------------- "If it doesn't work, you can always hit him with it."
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Falcon91Wolvrn03
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Re: The Fed may be sitting down to its last supper soon. [Re: susurrador]
#26572354 - 04/02/20 12:13 AM (3 years, 9 months ago) |
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No, not created as debt.
-------------------- I am in a minority on the shroomery, as I frequently defend the opposing side when they have a point about something or when my side make believes something about them. I also attack my side if I think they're wrong. People here get very confused by that and think it means I prefer the other side.
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qman
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Re: The Fed may be sitting down to its last supper soon. [Re: susurrador]
#26572797 - 04/02/20 08:35 AM (3 years, 9 months ago) |
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Quote:
susurrador said:
Quote:
Falcon91Wolvrn03 said: Again, because if we just create money as we need it, without debt as your videos propose, we get hyperinflation.
If there is no rhyme or reason to the money creation, yes- it will hyperinflate at a point.
But there is clear reason to where the printed money goes, it goes directly into the financial system (Wall Street) and never enters Main Street.
Money supply has been exploding higher the past 10 years. https://fred.stlouisfed.org/series/M2
Yet, there's no inflation. Velocity of money is at an all-time low. https://fred.stlouisfed.org/series/M2V
Again, free money for Wall Street and starving the peasants doesn't hurt the currency. In fact, it strengthens it.
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qman
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Re: The Fed may be sitting down to its last supper soon. [Re: Falcon91Wolvrn03]
#26572804 - 04/02/20 08:39 AM (3 years, 9 months ago) |
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Quote:
Falcon91Wolvrn03 said:
Quote:
LogicaL Chaos said: I would guess that the 2 TRILLION dollar stimulus package will cause the US dollar to hyperinflate. And that is not a good thing for the US dollar.....
It might even collapse it.
No, it won't unless we do what susurrador is suggesting (just printing the money).
Instead we borrow the money, so that new money isn't created.
Even the QE that is going into the financial system for the past 12 years hasn't hurt the US Dollar. The Fed balance sheet is now over $5 trillion and growing. It's likely to top $10 trillion in short order now.
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Falcon91Wolvrn03
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Re: The Fed may be sitting down to its last supper soon. [Re: qman]
#26572921 - 04/02/20 09:51 AM (3 years, 9 months ago) |
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Quote:
qman said: Even the QE that is going into the financial system for the past 12 years hasn't hurt the US Dollar. The Fed balance sheet is now over $5 trillion and growing. It's likely to top $10 trillion in short order now.
The good thing about QE is that the Fed can always sell it's assets and take the money back out of the economy if it needs to, though it hasn't seemed to need to thus far.
-------------------- I am in a minority on the shroomery, as I frequently defend the opposing side when they have a point about something or when my side make believes something about them. I also attack my side if I think they're wrong. People here get very confused by that and think it means I prefer the other side.
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