+1BjornP wrote:Well, I'd start with that in neither ancient or medieval times, there existed any sort of world reserve currency.GrumpyCatFace wrote:Do tell. What, in your opinion, is different this time?StCapps wrote:Not the same. Apples and Oranges. The USD is so much more popular than their currencies ever were, to the point where it's a game changer.
Trump Tells Cocksucking British Faggots to Go Fuck Themselves – Not Visiting
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Re: Trump Tells Cocksucking British Faggots to Go Fuck Themselves – Not Visiting
*yip*
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Re: Trump Tells Cocksucking British Faggots to Go Fuck Themselves – Not Visiting
The "world" didn't always mean "global". Controlling the currency of the known world is the same as controlling the currency of the "entire" world.BjornP wrote:Well, I'd start with that in neither ancient or medieval times, there existed any sort of world reserve currency.GrumpyCatFace wrote:Do tell. What, in your opinion, is different this time?StCapps wrote:Not the same. Apples and Oranges. The USD is so much more popular than their currencies ever were, to the point where it's a game changer.
Remember that we probably won't always be the only inhabited planet. At that point, would the controller of the "solar system reserve currency" scoff at us for merely controlling Earth's economic medium?
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Re: Trump Tells Cocksucking British Faggots to Go Fuck Themselves – Not Visiting
They have been. That's why every central bank in the world is at 0 or negative rates right now. This is a global problem. And, if you think that the global system has suddenly become stable, then... welcome to Earth, I guess.StCapps wrote:Market saturation. If the US begins inflating everyone else has to follow suit or their exchange rate will go through the roof and they won't be able to export jack shit. They nations of the world will cave and then US inflation is irrelevant because everyone else is inflating, and the value is relative.GrumpyCatFace wrote:Do tell. What, in your opinion, is different this time?StCapps wrote:Not the same. Apples and Oranges. The USD is so much more popular than their currencies ever were, to the point where it's a game changer.
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Re: Trump Tells Cocksucking British Faggots to Go Fuck Themselves – Not Visiting
There was never a known world reserve currency either.
/shrugs
USD is the first currency to ever attain such a lofty status.
/shrugs
USD is the first currency to ever attain such a lofty status.
*yip*
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Re: Trump Tells Cocksucking British Faggots to Go Fuck Themselves – Not Visiting
Lowering Interest Rates and Raising Inflation Rates are two different things, Welcome to Earth.GrumpyCatFace wrote:They have been. That's why every central bank in the world is at 0 or negative rates right now. This is a global problem. And, if you think that the global system has suddenly become stable, then... welcome to Earth, I guess.
The more money America prints, the more the rest of the world has to print money or suffer serious consequences. Magic money, exploit that shit, instead of Robin Hood Economics bullshit, taxing from the rich to give to the poor. One clearly works better than the other, you just gotta unleash that potential, and it's way easier to pay for the poor. Taxing the rich simply doesn't get the job done.
*yip*
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Re: Trump Tells Cocksucking British Faggots to Go Fuck Themselves – Not Visiting
Ok, so hand them free money instead. :facepalm:StCapps wrote:Lowering Interest Rates and Raising Inflation Rates are two different things, Welcome to Earth.GrumpyCatFace wrote:They have been. That's why every central bank in the world is at 0 or negative rates right now. This is a global problem. And, if you think that the global system has suddenly become stable, then... welcome to Earth, I guess.
The more money America prints, the more the rest of the world has to print money or suffer serious consequences. Magic money, exploit that shit, instead of Robin Hood Economics bullshit, taxing from the rich to give to the poor. One clearly works better than the other, you just gotta unleash that potential, and it's way easier to pay for the poor. Taxing the rich simply doesn't get the job done.
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Re: Trump Tells Cocksucking British Faggots to Go Fuck Themselves – Not Visiting
Why not? So long as you don't get too hyperinflatey and slowly ratchet it up incremental style, like boiling a frog, it will work so much better.GrumpyCatFace wrote:Ok, so hand them free money instead. :facepalm:
20 trillion in debt, but yo you ain't got no qualms, just start dropping more hundred dollar bills and building more billion dollar bombs.
StC: On the beach getting tan and sipping Corona, I got a monetary plan and it involves a lot of toner.
GCF: So if you look at the chart, and you examine the trend, we borrow 40 cents of every single dollar we spend, and non-discretionary spending increases every day.
Do you have comment for the committee?
USD: I make it rain.
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Re: Trump Tells Cocksucking British Faggots to Go Fuck Themselves – Not Visiting
GCF: Great stuff there, good job. Now, what exactly is going to happen when the rates go up, and that $10 Trill starts moving into the economy?StCapps wrote:Why not? So long as you don't get too hyperinflatey and slowly ratchet it up incremental style, like boiling a frog, it will work so much better.GrumpyCatFace wrote:Ok, so hand them free money instead. :facepalm:
20 trillion in debt, but yo you ain't got no qualms, just start dropping more hundred dollar bills and building more billion dollar bombs.
StC: On the beach getting tan and sipping Corona, I got a monetary plan and it involves a lot of toner.
GCF: So if you look at the chart, and you examine the trend, we borrow 40 cents of every single dollar we spend, and non-discretionary spending increases every day.
Do you have comment for the committee?
USD: I make it rain.
USD: ...... buy gold.
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Re: Trump Tells Cocksucking British Faggots to Go Fuck Themselves – Not Visiting
Dems despondent.Democrat Pushes Vote On Trump Impeachment. It Didn't Succeed
https://www.npr.org/2017/12/06/56881857 ... to-succeed
"Hey varmints, don't mess with a guy that's riding a buffalo"
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Re: Trump Tells Cocksucking British Faggots to Go Fuck Themselves – Not Visiting
BjornP wrote:Well, I'd start with that in neither ancient or medieval times, there existed any sort of world reserve currency.GrumpyCatFace wrote:Do tell. What, in your opinion, is different this time?StCapps wrote:Not the same. Apples and Oranges. The USD is so much more popular than their currencies ever were, to the point where it's a game changer.
Gold.