Christy Smith loses CA-25 special election

[hanimmal]

The paper is real, but their ain't no weed, no gold, no turnips, no nubile women slaves, no casks of rum, no two headed dildoes and no boxes of twinkies to back it up.

The source of the "money creation" is thin air. Can you tell me that's NOT the source ? Is that a vlaue for value trade or is that a form of enslavement by willful fraud ?

The material that the note is made up of is technically 'something'. It might not have any value for you as a good, but I would recommend trying it's intended purpose of a mode of exchange.

 

[XtraGood]

Dollar issuance tends to be backed mostly by usury/debt and the threat of war now that there's less control of the oil market; it's not exactly directly convertible for those things, so mostly fiat currency. End the fed.

 

[hanimmal]

Dollar issuance tends to be backed by usury/debt and the threat of war now that there's less control of the oil market; it's not exactly directly convertible for those things, so mostly fiat currency. End the fed.

The creation of the Federal Reserve system has helped us to stop the every 2-3 year boom-bust cycle that there was prior. Ending the Fed would send us back to a time that these periodic recessions that allows the wealthy to buy up all the newly built capital when the entrepreneurs go out of business because the economy collapses.

 

[XtraGood]

Ah you are actually speaking for moral hazard and socialism for the rich. The average person's access to relative value has decreased largely because of these goals. The fed isn't saving the little guys, quite the opposite.

Trouble is the efficiency of seizing monetary control post WWII is pretty much running out (see the chart you posted for evidence), and a thing called price discovery has been waiting to come back once the fed runs out of usury and war oil.

Dollars don't buy the gold they used to. The DJIA chart valued in gold (or other things of more stable utility) looks quiet a lot worst than the dollar version.

 

[hanimmal]

Ah you are actually speaking for moral hazard and socialism for the rich. The average person's access to relative value has decreased largely because of these goals. The fed isn't saving the little guys, quite the opposite.

Trouble is the efficiency of seizing monetary control post WWII is pretty much running out (see the chart you posted for evidence), and a thing called price discovery has been waiting to come back once the fed runs of usury and war oil.

Dollars don't buy the gold they used to. The DJIA chart valued in gold (or other things of more stable utility) looks quiet a lot worst than the dollar version.

Sorry, but the $250k FDIC insurance on everyone's bank account because of the Federal Reserve is exactly why you are wrong about how important it has been for the 'little guy'.

Apples used to be a lot cheaper too. But so were wages. That is how inflation works. Saying something like 'dollars don't buy the gold they used to' is a nonsensical fact that doesn't make gold a better currency than our dollar system.

 

[UncleBuck]

Another gold bug tard screaming about "the fed"

Almost invariably they turn out to be Nazi ass Jew haters

 

[XtraGood]

Sorry, but the $250k FDIC insurance on everyone's bank account because of the Federal Reserve is exactly why you are wrong about how important it has been for the 'little guy'.

Apples used to be a lot cheaper too. But so were wages. That is how inflation works. Saying something like 'dollars don't buy the gold they used to' is a nonsensical fact that doesn't make gold a better currency than our dollar system.

It does happen that some people get "Corzined" and also get paid back by the FDIC. Trouble with that as mode of operation is if they could have kept the gambling institutions separate from the deposit takers who would need it? FDIC insurance is really just covering the risk of allowing institutions to gamble with client deposit funds. Remember again the felon Corzine (I think he's trying to make a comeback but it's probably too late for that), there are many more like him that get away with worse. Again the little guy looses at a systemic level. Well enforced financial laws that protect deposits and scrutinize deposit taker solvency could and should replace FDIC insurance.

A better example: Apple may be a solvent company, if it fails to remain solvent it should go bankrupt and be restructured it should not receive a bailout simply because that would be an inefficient option / systemically encourages stagnation.

 

[XtraGood]

Another gold bug tard screaming about "the fed"

Almost invariably they turn out to be Nazi ass Jew haters

Edit: Am I in Lagras, cause this smells like a bait shop?

The Abrahamic religions all seem too particularly focused on social controls enforced based on individual fear of mortality. That seems a bit coercive so I personally went with undecided. Feel free to choose what you like, that golden rule thing seems to be worthwhile.

Your opinions on the source of the dollars' exchange value are...?

 

[UncleBuck]

Edit: Am I in Lagras, cause this smells like a bait shop?

The Abrahamic religions all seem too particularly focused on social controls enforced based on individual fear of mortality. That seems a bit coercive so I personally went with undecided. Feel free to choose what you like, that golden rule thing seems to be worthwhile.

Your opinions on the source of the dollars' exchange value are...?

Hush

 

[XtraGood]

Hush

Both of our avatars like hugging

 

[Fogdog]

Dollar issuance tends to be backed mostly by usury/debt and the threat of war now that there's less control of the oil market; it's not exactly directly convertible for those things, so mostly fiat currency. End the fed.

I get all my financial advice from RIU.

So many millionaires here.

 

[XtraGood]

I am arguing in support of hugs, your avatar's tank hugs do seem a bit more dangerous than the average hug but they are also more efficient at changing society than the average hug.

 

[hanimmal]

It does happen that some people get "Corzined" and also get paid back by the FDIC. Trouble with that as mode of operation is if they could have kept the gambling institutions separate from the deposit takers who would need it? FDIC insurance is really just covering the risk of allowing institutions to gamble with client deposit funds. Remember again the felon Corzine (I think he's trying to make a comeback but it's probably too late for that), there are many more like him that get away with worse. Again the little guy looses at a systemic level. Well enforced financial laws that protect deposits and scrutinize deposit taker solvency could and should replace FDIC insurance.

A better example: Apple may be a solvent company, if it fails to remain solvent it should go bankrupt and be restructured it should not receive a bailout simply because that would be an inefficient option / systemically encourages stagnation.

That is exactly what the Fed protects us from, they have firewalls in what the banks have. The problem comes when people mistake all financial institutions (like quicken loans) with banks, banks are under the Federal Reserve System and the others are not.

And I really like the ability to not have to have either been given money from daddy or having had to earn every dime before being able to move into a home without a direct landlord. Because that 'gambling' that banks do is provide the money to purchase that home outright, which is awesome, and well worth (for many people) the small percent to pay it back.

Im happy that they are here since we are in a rare time of a Pandemic induced, Dear Leader amplified, economic collapse.

You ever consider what the economic impact it is on the workers all losing their jobs in your Apple example? If you add up all that lost income in the middle class and executives, it is generally far less than any money that the government would loan them. Also those loans are generally paid back and with interest.

The people behind the message you have seemingly been impacted by are just hoping to scare everyone into not trusting the government enough to buy into hate radio and Dear Leader approved 'Media'.

 

[XtraGood]

That is exactly what the Fed protects us from, they have firewalls in what the banks have. The problem comes when people mistake all financial institutions (like quicken loans) with banks, banks are under the Federal Reserve System and the others are not.

And I really like the ability to not have to have either been given money from daddy or having had to earn every dime before being able to move into a home without a direct landlord. Because that 'gambling' that banks do is provide the money to purchase that home outright, which is awesome, and well worth (for many people) the small percent to pay it back.

Im happy that they are here since we are in a rare time of a Pandemic induced, Dear Leader amplified, economic collapse.

You ever consider what the economic impact it is on the workers all losing their jobs in your Apple example? If you add up all that lost income in the middle class and executives, it is generally far less than any money that the government would loan them. Also those loans are generally paid back and with interest.

The people behind the message you have seemingly been impacted by are just hoping to scare everyone into not trusting the government enough to buy into hate radio and Dear Leader approved 'Media'.

It's like a bandaid, sometime the bandaid works or at least doesn't hurt anything and the wound heals fast, but sometimes the bandaid/(or a dressing for larger wounds) just holds in all the moisture and rot and the only solution is to remove it and let the sunlight in, and some sanitizing solution to wash out the junk (bonds (and derivatives)).

It's like most of the large businesses and institutions the fed supports have got rotten wounds in their funding or productivity and the fed just keeps adding more tape to hold in the rot because they find themelves stuck in triage. They're just kicking the crisis can down the road doing so, making things worse for everyone concerned over the long term, it'll only go so far and a double crisis probably does in their ability to have exclusive leadership/control or at least curtails it permanently. The positive there is that their self limiting will allow spontaneous/emergent systems formation by fresh actors as the operating space clears.

If you are not interested in "end", how about an "audit" to bring a little light (and disinfectant) in, can I sell you on an audit of the Fed?

 

[zeddd]

I get all my financial advice from RIU.

So many millionaires here.

Thanks man

 

[hanimmal]

It's like a bandaid, sometime the bandaid works or at least doesn't hurt anything and the wound heals fast, but sometimes the bandaid/(or a dressing for larger wounds) just holds in all the moisture and rot and the only solution is to remove it and let the sunlight in, and some sanitizing solution to wash out the junk (bonds (and derivatives)).

It's like most of the large businesses and institutions the fed supports have got rotten wounds in their funding or productivity and the fed just keeps adding more tape to hold in the rot because they find themelves stuck in triage. They're just kicking the crisis can down the road doing so, making things worse for everyone concerned over the long term, it'll only go so far and a double crisis probably does in their ability to have exclusive leadership/control or at least curtails it permanently. The positive there is that their self limiting will allow spontaneous/emergent systems formation by fresh actors as the operating space clears.

If you are not interested in "end", how about an "audit" to bring a little light (and disinfectant) in, can I sell you on an audit of the Fed?

Audited every year.
https://www.federalreserve.gov/aboutthefed/audited-annual-financial-statements.htm


And again, you are just talking nonsense thinking the Federal Reserve has anything to do with all those 'large businesses', those are different agencies.

The Federal Reserve is a check and balance system because people don't trust banks or government, and the Banks don't trust (rightly so) the nations banking system being politicized by idiots like Trump, so that is why it was set up as a quasi-governmental institution. But banks also cannot be fully trusted (like what happened in 2008 in the non-bank financial industry or 'shadow banks') so the government backs them and sets the guidelines that should keep us safe.

 

[XtraGood]

Audited every year.
https://www.federalreserve.gov/aboutthefed/audited-annual-financial-statements.htm
View attachment 4569878

And again, you are just talking nonsense thinking the Federal Reserve has anything to do with all those 'large businesses', those are different agencies.

The Federal Reserve is a check and balance system because people don't trust banks or government, and the Banks don't trust (rightly so) the nations banking system being politicized by idiots like Trump, so that is why it was set up as a quasi-governmental institution. But banks also cannot be fully trusted (like what happened in 2008 in the non-bank financial industry or 'shadow banks') so the government backs them and sets the guidelines that should keep us safe.

The Ron Paul written version would have done way more than the Bernie Sanders authored senate version that ended up getting passed. There were/are plenty of reasons to vote for Tulsi Gabbard before Bernie Sanders, this legislation can go on that pile.

"banks also cannot be fully trusted": so a real audit with accounts of anyone receiving fed loans with public disclosure seems warranted? Instead of getting government backing to act inefficiently?

 

[UncleBuck]

The Ron Paul written version would have done way more than the Bernie Sanders authored senate version that ended up getting passed. There were/are plenty of reasons to vote for Tulsi Gabbard before Bernie Sanders, this legislation can go on that pile.

"banks also cannot be fully trusted": so a real audit with accounts of anyone receiving fed loans with public disclosure seems warranted?

Rawn pawl 2028

 

[XtraGood]

Rawn pawl 2028

I'm not really scarred of Russians, seems more like a control mechanism than anything else. Like fearing death, it is best to be rational about it.

I'm more frightened of society being forced to support failed or inefficient incorporations and institutions via hidden fed mechanisms.

Also if you like Ben Garrison you probably love www.Zerohedge.com ?

Edit: I had to look up cultural Marxism, that seems more like an internet rabbit hole than anything. I figured you were saying Ron Paul was a Russian agent but you're saying he's a Jew hater.

 

[hanimmal]

The Ron Paul written version would have done way more than the Bernie Sanders authored senate version that ended up getting passed. There were/are plenty of reasons to vote for Tulsi Gabbard before Bernie Sanders, this legislation can go on that pile.

"banks also cannot be fully trusted": so a real audit with accounts of anyone receiving fed loans with public disclosure seems warranted?

Are you going to actually point to legislation? And I am sure that you must have seen a lot of the very solid reasons the Russians gave while they were pushing for her.

She lost me when she went full Russian propaganda puppet:

I'm not really scarred of Russians, seems more like a control mechanism than anything else. Like fearing death, it is best to be rational about it.

Also if you like Ben Garrison you probably love www.Zerohedge.com ?

So you are just okie dokie with the Russians attacking our electorate using militarized data analytics on every voter in America to spam them nonstop with propaganda that the AI is telling them they care about with?

They have hijacked the Republicans through American shell companies like the NRA.

Trolling every forum with a chat feature to stir up online arguments so that people end up getting triggered in real life because psychologically it is very powerful what they are doing.

Screw that, they need to get out of our elections and all the online political trolling needs to be stopped. The Republicans have been playing this game since the 70's. But they messed up and let the Russians hijack their Evangelical, 2nd Amendment, and Racist voting base starting at least in 2014 when the Russians started their attack on our country.