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MASSIVE Protests Erupt, Conservatives Rise Up Against Lockdown As Democrats Openly Flout The Rules

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Comments

  • NorthwestFreshNorthwestFresh Member Posts: 7,972

    I agree that gold, like Bitcoin is a psychological ploy. But no more than the US dollar. The government promises not to debase the dollar, while its actions certainly aren't supporting that promise. Interest rates remain low and the dollar strong because individuals are still trusting. Gold has been a trusted store of value and relatively transportable for thousands of years. Governments have tried debasing gold coins with base metals for the same period of time. Works for a little while and then the gold coins then aren't trusted. One pound of gold is worth about $26,000 at today's price. You rather have a pound of gold or a wheel barrel of German Weimar marks? If the baby boomers didn't/don't care to pay their debt, why would their children and grandchildren step up to the plate?


    I’d rather have the 1000s of rounds I own of ammo than gold or any currency. We’re? heading toward lawlessness with police budgets being cut, and the Democrat politicians who vote for it will be the first to be robbed if shit goes down.
  • UW_Doog_BotUW_Doog_Bot Member, Swaye's Wigwam Posts: 17,299 Swaye's Wigwam

    There are many factors within the system that I have no concept of, for sure. I'm not an econ guy, but if everything is supposed to be based off of supply and demand I can't wrap my head around trillions more dollars being in the economy and that not making the cost of goods go up/value of cash go down. I know I've seen that happening to a certain degree at the grocery store.
    Well, you should be thinking about it in terms of percentages. Sure, we printed $5 trill. Us economy is like $20 trill, the world economy that demands dollars is even bigger. It's a Lot but it's not that much in terms of a stimulus as far as the cut of the pie is concerned.

    As scary as the debt numbers are our debt/gdp(income) ratio is still good for the developed world and miles ahead of China or Russia or the EU. Our economy is also backed up by loads of hard assets, land, and other stable stores of value.

    Tell me, how much leverage would you take out if your lender was offering essentially 0% loans?
  • oregonblitzkriegoregonblitzkrieg Member Posts: 15,288








    "The solution is universal testing. What you want is every single person to get tested for Covid every day.
    And then they would wear a badge like they would at a- after they voted or something like that to show that they've been
    tested. This would immediately sort out who's been infected and who hasn't been infected."
    - St. Louis FED President
    James Bullard
  • creepycougcreepycoug Member Posts: 23,846

    There are many factors within the system that I have no concept of, for sure. I'm not an econ guy, but if everything is supposed to be based off of supply and demand I can't wrap my head around trillions more dollars being in the economy and that not making the cost of goods go up/value of cash go down. I know I've seen that happening to a certain degree at the grocery store.
    Agreed. Like I said, it makes perfect sense, and when you're taking an econ exam, at least at the 100 level, that's probably the answer you should give. But as we say, No ... because we've doing it for a while and it has yet to manifest itself. Maybe the American economy is that bad ass and it keeps one step ahead. But it's reasonable to at least worry that it's not sustainable in the long term.

    I got nothing more on it.
  • creepycougcreepycoug Member Posts: 23,846
    edited December 2020

    Well, you should be thinking about it in terms of percentages. Sure, we printed $5 trill. Us economy is like $20 trill, the world economy that demands dollars is even bigger. It's a Lot but it's not that much in terms of a stimulus as far as the cut of the pie is concerned.

    As scary as the debt numbers are our debt/gdp(income) ratio is still good for the developed world and miles ahead of China or Russia or the EU. Our economy is also backed up by loads of hard assets, land, and other stable stores of value.

    Tell me, how much leverage would you take out if your lender was offering essentially 0% loans?
    Yep. Makes total sense. If there is more demand to gobble up the supply, then you shouldn't have inflation.

    Key is that demand remaining constant, and I guess the key to that is the US economy, from the standpoint of fundamental value creation (the pie), remains healthy and growing. If feeding it dollars accomplishes that, then we? should be fine save for some horrific externality that trumps all those forces and shuts thing down.

    Like a fucking pandemic or something.

  • creepycougcreepycoug Member Posts: 23,846









    "The solution is universal testing. What you want is every single person to get tested for Covid every day.
    And then they would wear a badge like they would at a- after they voted or something like that to show that they've been
    tested. This would immediately sort out who's been infected and who hasn't been infected."
    - St. Louis FED President
    James Bullard
    I didn't fuck off the latest of your weird posts because of the Brazilian chick. Otherwise, fuck off.
  • AlexisAlexis Member, Swaye's Wigwam Posts: 3,281 Swaye's Wigwam
    For all the fucking retards that are on this site, there are some pretty intelligent bits of knowledge that come out on alot of these threads also.

    I thank you guys who are able to give me info for responses to some statements when arguing with Ivy Leaguers at bars. (Problem is I usually intersperse the word retard, so there's that too.)
  • EsophagealFecesEsophagealFeces Member, Swaye's Wigwam Posts: 12,784 Swaye's Wigwam

    I have a Sig M17 on the way. They're in and out of stock, but I decided to buy now before the Dems steal GA and Biden taxes the hell out of firearms (he won't try to ban pistols, but AR's will be gone).
    LOL @ anyone thinking 20 million ARs will be gone.
  • SledogSledog Member Posts: 35,911 Standard Supporter

    LOL @ anyone thinking 20 million ARs will be gone.
    20 million boating accidents can happen.
  • GrundleStiltzkinGrundleStiltzkin Member Posts: 61,516 Standard Supporter

    LOL @ anyone thinking 20 million ARs will be gone.
    Name ONE! politician trying to take your’re guns.
  • BleachedAnusDawgBleachedAnusDawg Member Posts: 12,631

    LOL @ anyone thinking 20 million ARs will be gone.
    I'm not talking about confiscation. I'm talking about new supply. Confiscation is when the civil war begins.
  • EsophagealFecesEsophagealFeces Member, Swaye's Wigwam Posts: 12,784 Swaye's Wigwam

    I'm not talking about confiscation. I'm talking about new supply. Confiscation is when the civil war begins.
    Most likely. It’ll be interesting to see how many comply with tax stamps and registration with the ATF. That’s the first step towards confiscation.
  • PurpleThrobberPurpleThrobber Member Posts: 46,754 Standard Supporter

    For legally purchased and owned extant firearms, that is confiscation in my book.
    There's going to be more than tea thrown into the harbors if they try to retroactively institute a gun tax.

  • SledogSledog Member Posts: 35,911 Standard Supporter
    edited December 2020

    Just add gun confiscation/registration for large fee scheme to it.
  • WestlinnDuckWestlinnDuck Member Posts: 16,741 Standard Supporter

    Most likely. It’ll be interesting to see how many comply with tax stamps and registration with the ATF. That’s the first step towards confiscation.
    Imagine how the leftards would react to an abortion tax. To a poll tax. Requiring inmates to pay full judicial fees for a cruel and unusual punishment filing.
  • KaepskneeKaepsknee Member Posts: 14,896
    edited December 2020

    There are many factors within the system that I have no concept of, for sure. I'm not an econ guy, but if everything is supposed to be based off of supply and demand I can't wrap my head around trillions more dollars being in the economy and that not making the cost of goods go up/value of cash go down. I know I've seen that happening to a certain degree at the grocery store.
    Not an Economis guy either. But I do know that Trillions of dollars put into the Economy with most of those dollars determining production will catch up to you eventually unless things change.

    Fast.

    The Commercial Real Estate market is set to crater unless things open up for real in a few months. And that will be the first domino to fall.
  • KaepskneeKaepsknee Member Posts: 14,896

    Most likely. It’ll be interesting to see how many comply with tax stamps and registration with the ATF. That’s the first step towards confiscation.
    Tax stamps paid on owned firearms



  • SledogSledog Member Posts: 35,911 Standard Supporter
    Kaepsknee said:

    Tax stamps paid on owned firearms



    Commies are all for ex post facto laws.
  • PurpleThrobberPurpleThrobber Member Posts: 46,754 Standard Supporter
    Kaepsknee said:

    Tax stamps paid on owned firearms



    https://en.wikipedia.org/wiki/Stamp_Act_1765

    That worked out well the last time....

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