Liberal Forum

I can comprehend billions of dollars, but we are in the trillions. We throw that word as part of the mainstream now. Is there a point where it will be of no value? Like grains of sand. At what point do we finally say "well, that's that" ? We may as well grab some sand and buy **** with that instead. 

Vegas » 17 Aug 2023, 9:28 am » wrote: ↑

17 Aug 2023, 9:28 am

I can comprehend billions of dollars, but we are in the trillions. We throw that word as part of the mainstream now. Is there a point where it will be of no value? Like grains of sand. At what point do we finally say "well, that's that" ? We may as well grab some sand and buy **** with that instead.

my mother spoke of her childhood in Germany post WWI and depression...she said they went to the grocery store with carts filled with cash to purchase necessities....the one I recall was 100,000 Deutsche Mark for a loaf of bread...cash registers had indexing capabilities so all they had to do was hit a button and prices doubled...SMH...

once we can't pay the interest....methinks **** will hit the fan...

Vegas » 17 Aug 2023, 9:28 am » wrote: ↑

17 Aug 2023, 9:28 am

I can comprehend billions of dollars, but we are in the trillions. We throw that word as part of the mainstream now. Is there a point where it will be of no value? Like grains of sand. At what point do we finally say "well, that's that" ? We may as well grab some sand and buy **** with that instead.

Contrary to popular belief the USA has never just printed up money.  If we ever do it will inflate the currency.

Inflation today is caused by excessive demand for the supply.
 

Vegas » 17 Aug 2023, 9:28 am » wrote: ↑

17 Aug 2023, 9:28 am

I can comprehend billions of dollars, but we are in the trillions. We throw that word as part of the mainstream now. Is there a point where it will be of no value? Like grains of sand. At what point do we finally say "well, that's that" ? We may as well grab some sand and buy **** with that instead.

As the world is de-dollarizing they will LESS AND LESS

be using the $$ as reserve currency.

Thats the kicker,,,plus trading in own currencies to bypass the petrodollar.

Its bad
 

Bruce » 17 Aug 2023, 9:48 am » wrote: ↑

17 Aug 2023, 9:48 am

Contrary to popular belief the USA has never just printed up money.  If we ever do it will inflate the currency.

Inflation today is caused by excessive demand for the supply.

odumbo did and biden is doing it right now

Sumela » 17 Aug 2023, 9:56 am » wrote: ↑

17 Aug 2023, 9:56 am

As the world is de-dollarizing they will LESS AND LESS

be using the $$ as reserve currency.

Thats the kicker,,,plus trading in own currencies to bypass the petrodollar.

Its bad

The death of the petrodollar was the beginning of the end

it was coming, but that really kicked our economy in the ***
 

Mrkelly » 17 Aug 2023, 10:00 am » wrote: ↑

17 Aug 2023, 10:00 am

The death of the petrodollar was the beginning of the end

it was coming, but that really kicked our economy in the ***

Yup...

A big one last week.  India & UAE will bypass the *** in energy trade.

A smell a regime change war in UAE....I bet you their leader is....
a "BUTCHER"...""Mad man""...""kills his own people"...  
 

ROG62 » 17 Aug 2023, 9:38 am » wrote: ↑

17 Aug 2023, 9:38 am

my mother spoke of her childhood in Germany post WWI and depression...she said they went to the grocery store with carts filled with cash to purchase necessities....the one I recall was 100,000 Deutsche Mark for a loaf of bread...cash registers had indexing capabilities so all they had to do was hit a button and prices doubled...SMH...

once we can't pay the interest....methinks **** will hit the fan...

That is fascinating!

I remember a professor of mine showing us that famous photo of a German with a wheelbarrow full of marks.

He said, it might have been staged.  But if it’s real that man had a job and he was just paid with money he’s going to buy things with before the price goes up.

FYI

The so-called Dawes Committee began its meetings in Paris on January 14, 1924, and reported on April 9. The “Dawes Report” treated stabilization of currency and the balancing of budgets as interdependent, though provisionally separable for examination, and it insisted that currency stability could be maintained only if the budget was normally balanced, while the budget could be balanced only if a stable and reliable currency existed. Both were needed to enable Germany to meet its internal requirements and treaty payments.


The report was accepted by the Allies and by Germany on August 16, 1924. No attempt was made to determine the total amount of reparations to be paid, but payments were to begin at 1 billion gold marks in the first year and rise to 2.5 billion marks by 1928. The plan provided for the reorganization of the Reichsbank and for an initial loan of 800 million marks to Germany. The Dawes Plan seemed to work so well that by 1929 it was believed that the stringent controls over Germany could be removed and total reparations fixed. This was done by the Young Plan.

—-

The worst thing possible to any economy is not 1924 Germany hyper inflation.

The Great Depression ushered in massive deflation.

No capitalist wanted to produce goods there was no demand for. 

It was so bad in Germany the German people loved Hitler.

Whatever bad he did, Hitler performed an economic miracle in Germany and all the capitalists started hiring again.
 

Bruce = willfranklin

FJB » 17 Aug 2023, 10:31 am » wrote: ↑

17 Aug 2023, 10:31 am

Bruce = willfranklin

Didn't Willy have a mental breakdown or something?

good question.. not sure that there is an exact answer.

impartialobserver » 17 Aug 2023, 12:08 pm » wrote: ↑

17 Aug 2023, 12:08 pm

good question.. not sure that there is an exact answer.

Eventually we will find out. Hopefully later, not sooner.

Vegas » 17 Aug 2023, 12:07 pm » wrote: ↑

17 Aug 2023, 12:07 pm

Didn't Willy have a mental breakdown or something?

If you look up "mental breakdown" in the dictionary, you will find Will Franklin's picture in the description.

That guy seriously believed that the Jewish Mafia poisoned his pot pie because they didn't want him on the city council of the little town he lived in at the time.

​​​​​
 

RedheadedStranger » 17 Aug 2023, 12:14 pm » wrote: ↑

17 Aug 2023, 12:14 pm

If you look up "mental breakdown" in the dictionary, you will find Will Franklin's picture in the description.

That guy seriously believed that the Jewish Mafia poisoned his pot pie because they didn't want him on the city council of the little town he lived in at the time.

​​​​​

Yes, I know. I was here then. What was your username, I don't recall you being here then?

Vegas » 17 Aug 2023, 9:28 am » wrote: ↑

17 Aug 2023, 9:28 am

I can comprehend billions of dollars, but we are in the trillions. We throw that word as part of the mainstream now. Is there a point where it will be of no value? Like grains of sand. At what point do we finally say "well, that's that" ? We may as well grab some sand and buy **** with that instead. 

Currency loses value when it is put on global trade markets. All governments' currencies should never be forms of investments playing one against the other it will collapse them all.

Every reality speculates now isn't eternity because when everyone understands it always has been, time management takes on a whole new meaning. Personal responsibilities over social duties to denying how living happens naturally living as genetically timed apart here where life as a whole never exceeds changing forms in the moment now.

Universal constant regardless where one is in this atmosphere or any other. Time is still now at both location and within all 24 hour time zones in this atmosphere.

lets get on with it. Money is intellectual symbolism over substance power of suggesting making believe is greater than actual existing. Its purpose is to make social commerce easier having a third party value system between services received and serving rendered to create a system everyone benefits equally within.

Shame intellectual minds have to spoil honest brains since birth every generation changing population left evolving forward now.

Bruce » 17 Aug 2023, 9:48 am » wrote: ↑

17 Aug 2023, 9:48 am

Contrary to popular belief the USA has never just printed up money.  If we ever do it will inflate the currency.

Inflation today is caused by excessive demand for the supply.

True.
 

Is there not one soul here besides me, that knows the US dollar is the strongest currency that has ever existed in the history of money?

A United States dollar is a money token.

There are about 190 sovereign nations on earth with the ability to create money tokens.
—-
The United States dollar (symbol: $; code: USD; also abbreviated US$ to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color.
—-
Of the 190 nations these all freely accept dollars, which include all US territories.

Eleven Territories and countries that now use US currency as their official currency:

Commonwealth of Puerto Rico
Ecuador
Republic of El Salvador
Republic of Zimbabwe
Guam
US and British Virgin Islands
Democratic Republic of Timor-Leste
American Samoa
Commonwealth of the Northern Mariana Islands
Federated States of Micronesia
Republic of Palau
The nine countries where most shops and businesses will readily accept US dollars. They include:

Canada- especially cities near the US border
Russia
Panama – Panama actually has two “official” currencies, the Panamanian balboa and the US dollar. Both are equal in value.
The Bahamas – Like Panama, the Bahamas have two official currencies. The currency of the Bahamas is also called the “dollar.” The two currencies are equal in value.
Turks and Caicos Islands
Vietnam – Merchants have long accepted US dollars however the Vietnam State Bank is attempting to crack down on businesses that accept or list prices in US dollars.
Cambodia
Nicaragua
Belize
——

This is the total amount of dollars known as M3 in the world.

Jun 2023: 20,889,500,000,000.00000 | National

In macroeconomics, the money supply (or money stock) refers to the total volume of currency held by the public at a particular point in time. There are several ways to define "money", but standard measures usually include currency in circulation (i.e. physical cash) and demand deposits (depositors' easily accessed assets on the books of financial institutions).[1][2] The central bank of a country may use a definition of what constitutes legal tender for its purposes.
—-

One of the only good things about Donald Trump, other than he didn’t start a nuclear war, is he didn’t **** with the money supply and never threatened default and understood the only way to preserve the dollar is let the Federal Reserve alone.

The value of a dollar years ago is never relevant.

What matters is a dollar is worth a dollar in August 2023.

FJB » 17 Aug 2023, 10:31 am » wrote: ↑

17 Aug 2023, 10:31 am

Bruce = willfranklin

FOS game into posting same time Will Franklin stopped.

I paid fifteen million dollars, twelve hundred and seventy-two cents......Bob Dylan