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Holy Shit They Did It
Comments
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'Murica!!UW_Doog_Bot said:
How can I put this, it's like we sold someone our rolex at a premium and now in the financial crisis they are short dollars so they are selling us back the rolex at a discount. And even then, it's like we are giving them rez casino tokens instead while laughing in their face.Swaye said:
Finally, something I can understand.Pitchfork51 said:
As a drunken frat boy from a middling institution who majored in finance.....Swaye said:I still don't get it. Going to need to really spell this out for the dumb red.
USA rules.
Edit:oh right, and everyone in the whole trailer park is lining up to get this deal.
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Honestly, I want to learn more (that is, any) about this. Complete blank spot for me.
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I'll try to sauce some more accessible content later but for now just realize the US is in a good position to drop a fat stimulus bill without hurting our debt load much at all.GrundleStiltzkin said:Honestly, I want to learn more (that is, any) about this. Complete blank spot for me.
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I just sat on the phone for a full hour with the controller and the managing director of a hospital in New York who we already shipped 35000 masks to wire us the payment. These idiots have lost their minds.
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I gotta hand it to you, your political ideology is in a fucking bizarre spot on the ole venn diagram. There aren't many ardent supporters of the gold standard who simultaneously despise Trump and bring him into every conversation unprompted.jecornel said:
What a great move to move to a fiat currency from gold. Brilliant!!UW_Doog_Bot said:
They need greenbacks to run their economy. It already was hurting them. Now it will even more. We can charge them a premium for every dollar they need to conduct business on the world market.salemcoog said:
So what tactics can be used to hurt China? They are our true enemy, I do know our economies are co dependent and so we don't want to wreck them. But how do we make them feel pain economically without hurting ourselves in the process.UW_Doog_Bot said:
We just basically had a forcible take over of the world economy. The US Fed is now the world's central bank. Anyone who doesn't play ball is going to be bent over and have the plunger inserted until it hits the back of their nasal cavity from the wrong direction.Swaye said:I still don't get it. Going to need to really spell this out for the dumb red.
This is precisely what Russia and China didn't want.
This is similar to after WW2 where the world economy was wrecked except for the US and we established the dollar as the reserve currency of "the west" but back then we had to have gold to back it.
The Don had all the intel they needed about the virus late December. This was a bigger plan to crumble the economy. Mass surveillance is coming. Facial recognition is in Washington.
You want to jackoff trump for cutting flights from china go for it. The federal response is and was garbage. It was clearly on purpose. -
Rebuild the bridges, dams and shit.UW_Doog_Bot said:@YellowSnow you don't get the full import. This is big dick, the sun never sets, we are the Alabama of economics thank you george Washington shit.
That "stimulus" we just released was a fraction of the debt we can now borrow at essentially a zero rate. Hello leverage.
We essentially just had the biggest IPO in history and people were burning their own money just to get a piece.
Lol at Russia and the CCP and their attempts to dump dollars.
Who fucking knows if the US is still smart enough to reap the fruits of this responsibly but this is a Godfather taking over moment.
NineG internet NOW!
Step on their motherfucking throat. USA! USA! USA! is good at this finance shit.
Then invade Venezuela because the Throbber needs to see some Voobs when the travel ban is lifted.
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In all seriousness, this helped me.UW_Doog_Bot said:
How can I put this, it's like we sold someone our rolex at a premium and now in the financial crisis they are short dollars so they are selling us back the rolex at a discount. And even then, it's like we are giving them rez casino tokens instead while laughing in their face.Swaye said:
Finally, something I can understand.Pitchfork51 said:
As a drunken frat boy from a middling institution who majored in finance.....Swaye said:I still don't get it. Going to need to really spell this out for the dumb red.
USA rules.
Edit:oh right, and everyone in the whole trailer park is lining up to get this deal. -
How could we ever have enough gold at this point in the game to back up US currency? Plus the Chi Coms would just fuck it all up anyhow.jecornel said:
What a great move to move to a fiat currency from gold. Brilliant!!UW_Doog_Bot said:
They need greenbacks to run their economy. It already was hurting them. Now it will even more. We can charge them a premium for every dollar they need to conduct business on the world market.salemcoog said:
So what tactics can be used to hurt China? They are our true enemy, I do know our economies are co dependent and so we don't want to wreck them. But how do we make them feel pain economically without hurting ourselves in the process.UW_Doog_Bot said:
We just basically had a forcible take over of the world economy. The US Fed is now the world's central bank. Anyone who doesn't play ball is going to be bent over and have the plunger inserted until it hits the back of their nasal cavity from the wrong direction.Swaye said:I still don't get it. Going to need to really spell this out for the dumb red.
This is precisely what Russia and China didn't want.
This is similar to after WW2 where the world economy was wrecked except for the US and we established the dollar as the reserve currency of "the west" but back then we had to have gold to back it.
The Don had all the intel they needed about the virus late December. This was a bigger plan to crumble the economy. Mass surveillance is coming. Facial recognition is in Washington.
You want to jackoff trump for cutting flights from china go for it. The federal response is and was garbage. It was clearly on purpose.
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You have to talk to customers? T's and P's man.Pitchfork51 said:I just sat on the phone for a full hour with the controller and the managing director of a hospital in New York who we already shipped 35000 masks to wire us the payment. These idiots have lost their minds.
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I expected more of a reaction from the Dow. Maybe the big reaction is it didn't go in the shitter again today.
