Chronic governmental
Chronic governmental overspending and exponentially rising governmental indebtedness ALWAYS leads to monetary debasement and/or collapse --- there is not historical exception to that rule. Yet you...
View ArticleYou actually believed that
You actually believed that you could take on a central banker-in-chief, who incidentally has declared was ON HIS OWN CURRENCY, and beat him at his own game. You dumb shits!BTW the only thing not...
View ArticleThe US dollar has NEVER risen
The US dollar has NEVER risen in value, aside from the brief gold-standard deflation of 1929-1933.
View ArticleYou and your historical
You and your historical comparisons (:I challenge you to bring up {{one}} instance in all of history that the world had a floating/competing/linked fiat currency system-I'll save you looking-there...
View ArticleYour argument is both
Your argument is both specious and irrelevant.Unpayable debts are UNPAYABLE, period, no matter WHAT particular monetary regime happens to prevail. Default WILL happen to every major nation, and such...
View ArticleWhoa, I forgot about that
Whoa, I forgot about that character!Maybe he was Tibetan, and was blobbed-up by AnAnonymouse?
View ArticleAnd yet the dollar continues
And yet the dollar continues to lose value, and prices and the cost of living continue to rise, even as we write.So who, indeed, is the "clueless" one here?
View ArticleOf course this debt can't be
Of course this debt can't be paid and "default" is deflationary ie: someones balance sheet "lost money" a whole country or hundreds of banks and most all of society-There is no period in history to...
View ArticleThere are literally HUNDREDS
There are literally HUNDREDS of example of historical parallels to our current fiscal situation --- merely no worldwide ones. But to claim that somehow that one fact makes the present situation...
View ArticleNot meaning to dodge the
Not meaning to dodge the issue, but my overall measure of inflation is the 10 year bond. It's more or less impossible to see big inflation numbers concealed or otherwise while it is south of 2%. I do...
View ArticleFWIW, I have an anecdotal
FWIW, I have an anecdotal data point for Miami. I sold the house in 2006 and have been renting since; my rent has not increased at all for the last two years.Now that the banks have received their...
View ArticleSo who, indeed, is the
So who, indeed, is the "clueless" one here?*********Of course as always-that would be you AK-The 6 trillion of losses in real estate could buy a lot of eggs and bread if it hadn't been lost huh
View ArticleTwelve years of government
Twelve years of government indoctrination keeps the human livestock from straying off the farm.Oops, the lockdown drill sirens are going off!
View ArticleIf you are willing to
If you are willing to consider thousands of years of monetary history, and the consistent message it teaches about the inevitable results of governmental overspending and exponentially-rising debt, as...
View ArticleWhat in the FUCK are you
What in the FUCK are you blathering about now?NOTHING --- certainly not money in ANY form whatsoever, nor wealth in any real sense --- was lost in the real estate market collapse. In your complete and...
View ArticleGalloping inflation of
Galloping inflation of deflationary death spiral? Does it really matter? Both result in a repudiation of the currency.
View Articlenot only have prices
not only have prices risen....you get less for what you are paying more for, if that makes any sense. if we were in real deflation, we wouldn't be debating whether or not we are. We would ALL know it....
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