No, that is not the “real problem”…in 2024 it's starting out at $34.5T(unpayable)real problem is our govt is bankrupt
I try to make a habit of it.LowIQTrash » 29 Dec 2023, 2:14 pm » wrote: ↑ This thread is made in honor of PEEPEE
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Every time when I see an op ed about the poor state of affairs (regarding the economy), I jump to the comments section and ‘lo and behold…it never disappoints.
Here is what some retard said:
No, that is not the “real problem”…
The debt is just…a cudgel to score political points.
The reality is nobody, other than Ron Paul types, cares about the Nat Debt.
(Just note these conservative imbeciles would have difficulty passing Econ 103, let alone some graduate level Econ course. So when Internet conservatives talk about the eCONomy you should just assume you are dealing with a midwit at best…likely a QuarterWit)
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The REAL problem is that the BANKSTERs, as PISSPISS likes to say - or as I like to say, (((OUR FRIENDS))) - have “credit creation” privileges and take RENTS on newly created credit (not money, but CREDIT).
Basically by holding “dollars” you are paying (((THEM))). Not as a one time “fee” but in INFINITELY COMPOUNDING INTEREST - in THEIR favor, not yours.
Billionaires/oligarchs understand this which is why almost none of their assets are in cash/cash eq.
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[Since most of you are too stupid to understand, look up “exponential decay.” Maybe the simple images will ring a bell]
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Now the reason Americans aren’t piss broke…or at least not completely, is due to the massive productivity and technological gains of the past 100~ years.
In other words, the “real economic gains” (as opposed to FAKE paper gains) have served to mask the parasitism…up until recently (~ Year 2000) when rate of real economic gains have diminished considerably.
The reason banana republics fail when they attempt the same trickery is there is no economic gains to speak of, so the hit to the ordinary’s “standard of living” is visible almost immediately.
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So the next time you see some RETARD talking about economic problems like the nat debt, SS, disability fraud, etc…you can just laugh in their stupid face.
What you don't seem to realize is that the creditors are crooks .....LowIQTrash » 29 Dec 2023, 2:14 pm » wrote: ↑ This thread is made in honor of PEEPEE
——————————————
Every time when I see an op ed about the poor state of affairs (regarding the economy), I jump to the comments section and ‘lo and behold…it never disappoints.
Here is what some retard said:
No, that is not the “real problem”…
The debt is just…a cudgel to score political points.
The reality is nobody, other than Ron Paul types, cares about the Nat Debt.
(Just note these conservative imbeciles would have difficulty passing Econ 103, let alone some graduate level Econ course. So when Internet conservatives talk about the eCONomy you should just assume you are dealing with a midwit at best…likely a QuarterWit)
——————————————
The REAL problem is that the BANKSTERs, as PISSPISS likes to say - or as I like to say, (((OUR FRIENDS))) - have “credit creation” privileges and take RENTS on newly created credit (not money, but CREDIT).
Basically by holding “dollars” you are paying (((THEM))). Not as a one time “fee” but in INFINITELY COMPOUNDING INTEREST - in THEIR favor, not yours.
Billionaires/oligarchs understand this which is why almost none of their assets are in cash/cash eq.
—————————————————
[Since most of you are too stupid to understand, look up “exponential decay.” Maybe the simple images will ring a bell]
—————————————————-
Now the reason Americans aren’t piss broke…or at least not completely, is due to the massive productivity and technological gains of the past 100~ years.
In other words, the “real economic gains” (as opposed to FAKE paper gains) have served to mask the parasitism…up until recently (~ Year 2000) when rate of real economic gains have diminished considerably.
The reason banana republics fail when they attempt the same trickery is there is no economic gains to speak of, so the hit to the ordinary’s “standard of living” is visible almost immediately.
———————————————
So the next time you see some RETARD talking about economic problems like the nat debt, SS, disability fraud, etc…you can just laugh in their stupid face.
You type like a spastic asshole.LowIQTrash » 29 Dec 2023, 2:14 pm » wrote: ↑ This thread is made in honor of PEEPEE
——————————————
Every time when I see an op ed about the poor state of affairs (regarding the economy), I jump to the comments section and ‘lo and behold…it never disappoints.
Here is what some retard said:
No, that is not the “real problem”…
The debt is just…a cudgel to score political points.
The reality is nobody, other than Ron Paul types, cares about the Nat Debt.
(Just note these conservative imbeciles would have difficulty passing Econ 103, let alone some graduate level Econ course. So when Internet conservatives talk about the eCONomy you should just assume you are dealing with a midwit at best…likely a QuarterWit)
——————————————
The REAL problem is that the BANKSTERs, as PISSPISS likes to say - or as I like to say, (((OUR FRIENDS))) - have “credit creation” privileges and take RENTS on newly created credit (not money, but CREDIT).
Basically by holding “dollars” you are paying (((THEM))). Not as a one time “fee” but in INFINITELY COMPOUNDING INTEREST - in THEIR favor, not yours.
Billionaires/oligarchs understand this which is why almost none of their assets are in cash/cash eq.
—————————————————
[Since most of you are too stupid to understand, look up “exponential decay.” Maybe the simple images will ring a bell]
—————————————————-
Now the reason Americans aren’t piss broke…or at least not completely, is due to the massive productivity and technological gains of the past 100~ years.
In other words, the “real economic gains” (as opposed to FAKE paper gains) have served to mask the parasitism…up until recently (~ Year 2000) when rate of real economic gains have diminished considerably.
The reason banana republics fail when they attempt the same trickery is there is no economic gains to speak of, so the hit to the ordinary’s “standard of living” is visible almost immediately.
———————————————
So the next time you see some RETARD talking about economic problems like the nat debt, SS, disability fraud, etc…you can just laugh in their stupid face.
I cannot fathom how you link lowiqtrash to peepee.Vegas » 29 Dec 2023, 3:35 pm » wrote: ↑ PeePee saying what everyone already knows again, then turning around and pretending he is original.
HasPeePee here ever come up with a unique perspective about the economy yet?
I pretty much got that he pretty much got that.Majik » 29 Dec 2023, 6:21 pm » wrote: ↑ What you don't seem to realize is that the creditors are crooks .....
Yeah, Me Too.....a few minutes after making my post in haste ....
Cannonpointer » 30 Dec 2023, 9:01 am » wrote: ↑ I cannot fathom how you link lowiqtrash to peepee.
They could not BE more different.
The guy you think is peepee has been posting on these boards since 2010. He has posted under multiple screen names, ALL of them more clever than 99.9% of screen names. My very favorite, for sentimental reasons, was Avenger of Justice. We called him AOJ.Vegas » 30 Dec 2023, 12:19 pm » wrote: ↑ They bring up the same issues with the same content. Yes, PeePee had a hard time figuring out how to omit brackets and various syntaxes. However, I think he finally figured it out. Now he changed his name. The content is exactly the same.
He's an idiot. On the people's credit and from the people's authority is how money is SUPPOSED to issue. My idea was to keep all things the same, save two:Cannonpointer » 30 Dec 2023, 7:46 pm » wrote: ↑ The guy you think is peepee has been posting on these boards since 2010. He has posted under multiple screen names, ALL of them more clever than 99.9% of screen names. My very favorite, for sentimental reasons, was Avenger of Justice. We called him AOJ.
Peepee doesn't have the intellectual integrity in his entire body that lowiqtrash has in his typing fingers. Peepee has a "secret." The FED. And everyone else is stupid, because HE has the "secret." He can't think. At all. When I challenged him how we might introduce currency if HE were king of the world, the ducking and running and spewing and screeching reached crescendo. I suggested we might do as is done now: create currency by individuals borrowing it into existence - but at service interest (1/2 to 1%) and with the money owed back to the people.
Well, he had his knee jerk piss pants to the idea of money being based on credit, and he accused me of being just like the "banksters."He's an idiot. On the peoples credit and from the people's authority is how money is SUPPOSED to issue. My idea was to keep all things the same, save two:
1. Remove the private ownership of issuance, returning to the state and people; and
2. Lower the interest to only what is required to cover the cost of running the bank.
As soon as peepee's bias was crossed, he melted down and screeched. The man whose thread you are posting in engaged meritoriously and laughed at peepee.
LowIQTrash could not GET farther from a peepee sok. He's 3 times younger, 3 times smarter, and 10 times more curious.
Your response to this word to the wise is to dig deeper?Vegas » 30 Dec 2023, 8:12 pm » wrote: ↑ You are praising LowIQTRash as if he is your sok.![]()
Maybe he is.