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christopera
Stranger


Registered: 10/13/17
Posts: 14,270
Last seen: 6 hours, 11 minutes
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Re: How does the stimulus bullshit make you feel? [Re: Grungeman17]
#27115636 - 12/30/20 07:39 AM (3 years, 1 month ago) |
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Quote:
Grungeman17 said: The 2nd stimulus relief bill is another nail in the coffin for the current paper fiat currency. It will be devalued up until.the point of the great reset or whayever where a mass of debt is written off and a conversion to an electronic trackable currency. Brick and mortar is done, mom and pop, done. The debt vs. Overall Stimulus potential of 600 is lobbsided and a terrible idea if we we're actually making an atempt at sustaining the dollar. This experiment is done I believe. Its that or default to china.
The wealthy have pocketed nearly all of the extra currency that the fed has printed. That means it will remain out of circulation as they continue to hoard untold sums of wealth. All this has done is make the rich richer, it will have little bearing on the value of the dollar in the long term.
Also, sustaining the value of the dollar means very little to people who can't afford food or a place to live. Just like the stock market is meaningless to something like 45% of Americans simply because they can't afford to own stocks, the value of the dollar is without relevance when you can't afford to survive.
-------------------- Enjoy the process of your search without succumbing to the pressure of the result. A Dorito is pizza, change my mind. Bank and Union with The Shroomery at the Zuul on The internet - now with %'s and things I’m sorry it had to be me.
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CHeifM4sterDiezL
Chief Globerts


Registered: 07/28/10
Posts: 22,655
Loc: United States
Last seen: 2 hours, 12 minutes
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Re: How does the stimulus bullshit make you feel? [Re: christopera]
#27115656 - 12/30/20 07:51 AM (3 years, 1 month ago) |
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Hes talking about tanking the world economy and plunging shit into some kinda dark cyber age which wouldn't be good for anyone LOL. Or like the digital dollar which is already happening. I just think he needs to learn more about the central banking system. I mean you people act like the country having a high degree of wealth is a bad thing. I mean people in other places would just kill you. Rich people aren't hording piles of gold coins in thier castle. Its nearly all invested so everyone can do bigger and better and the world can move forward. Everyone that spent it on crap well thats just gonna go into a landfill. It goes back to the whole accumulating wealth thing koods was talking about.
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spirit_shadow
Feature not a bug



Registered: 08/15/11
Posts: 25,987
Last seen: 4 hours, 13 minutes
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Re: How does the stimulus bullshit make you feel? [Re: CHeifM4sterDiezL]
#27115780 - 12/30/20 09:13 AM (3 years, 1 month ago) |
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Quote:
CHeifM4sterDiezL said: Its nearly all invested so everyone can do bigger and better and the world can move forward.
THAT is the problem. You cant KEEP getting bigger in a finite world. Fuck greed.
-------------------- Those content with the least have the most.....(this account is automated, all posts related to illegal activities or advice thereof are strictly from numerous online sites and are for informational purposes only)- Circa 2011 Ban lotto
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CHeifM4sterDiezL
Chief Globerts


Registered: 07/28/10
Posts: 22,655
Loc: United States
Last seen: 2 hours, 12 minutes
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Re: How does the stimulus bullshit make you feel? [Re: spirit_shadow]
#27115800 - 12/30/20 09:22 AM (3 years, 1 month ago) |
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No but we can u know continue to develop technology and human progress. Whats your solution destroy the world? You don't always have to get bigger either. Nobodys saying we can't learn to do things a tiny bit more efficient and clean.
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christopera
Stranger


Registered: 10/13/17
Posts: 14,270
Last seen: 6 hours, 11 minutes
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Re: How does the stimulus bullshit make you feel? [Re: CHeifM4sterDiezL]
#27116189 - 12/30/20 12:29 PM (3 years, 1 month ago) |
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Quote:
CHeifM4sterDiezL said: Hes talking about tanking the world economy and plunging shit into some kinda dark cyber age which wouldn't be good for anyone LOL. Or like the digital dollar which is already happening. I just think he needs to learn more about the central banking system. I mean you people act like the country having a high degree of wealth is a bad thing. I mean people in other places would just kill you. Rich people aren't hording piles of gold coins in thier castle. Its nearly all invested so everyone can do bigger and better and the world can move forward. Everyone that spent it on crap well thats just gonna go into a landfill. It goes back to the whole accumulating wealth thing koods was talking about.
Scarcity of the dollar hasn’t changed though. There is more of it, but it is kept largely out of circulation since the wealthiest have hoarded it.
The wealth in this scenario was literally created by printing more money basically for the rich to hoard. The problem isn’t that there are rich people, it’s that the system serves them while they represent a minuscule percentage of the population.
-------------------- Enjoy the process of your search without succumbing to the pressure of the result. A Dorito is pizza, change my mind. Bank and Union with The Shroomery at the Zuul on The internet - now with %'s and things I’m sorry it had to be me.
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ShroomedOcean


Registered: 09/14/20
Posts: 446
Loc: Hbg
Last seen: 2 years, 7 months
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Re: How does the stimulus bullshit make you feel? [Re: christopera]
#27116520 - 12/30/20 03:06 PM (3 years, 1 month ago) |
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getting SSDI deposit tonight, but added stimulus would be nice, whenever that is supposed to happen
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Kwyjibo
Stranger

Registered: 07/31/18
Posts: 1,262
Loc: California
Last seen: 1 hour, 19 minutes
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Re: How does the stimulus bullshit make you feel? [Re: ShroomedOcean]
#27116527 - 12/30/20 03:13 PM (3 years, 1 month ago) |
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I already got mine.
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BeeZee
Nunya


Registered: 06/08/20
Posts: 2,504
Loc: 321
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Re: How does the stimulus bullshit make you feel? [Re: Kwyjibo]
#27116534 - 12/30/20 03:15 PM (3 years, 1 month ago) |
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Got 600
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ShroomedOcean


Registered: 09/14/20
Posts: 446
Loc: Hbg
Last seen: 2 years, 7 months
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Re: How does the stimulus bullshit make you feel? [Re: BeeZee]
#27116536 - 12/30/20 03:17 PM (3 years, 1 month ago) |
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they haven't sent me any yet and i'm in cali
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