Into the Night
Verified User
Insulting people changes nothing, dumbass.
What If the Dollar Falls?
- Thread starter ptif219
- Start date
Insulting people changes nothing, dumbass.
Dutch Uncle
* Tertia Optio * Defend the Constitution
That's true, Sybil. Do you ever take your own advice?
Geeko Sportivo
Verified User
Dude, this is about paying the Bill for something YOUR SIDE OF THE AISLE agreed that you wanted.
Is this how you handle your own personal debt- refuse to pay up?
If you don't want to pay for something- DON'T ASK FOR IT!
If you do ask for it- PAY YOUR DEBT LIKE EVERYBODY ELSE!
Into the Night
Verified User
What? Void argument fallacy.
I'm not in debt.
I pay for everything I own.
Void argument fallacy.
You mean he is aiding NATO you havve it backwards
BartenderElite
Verified User
It's an astounding calculation.
Parties out of power usually talk the economy down. But the idea that the GOP wants America to fall apart - which is real - really shows how dopey our national leadership has gotten.
It is Biden and the democrats that are destroying this country. The GOP wants to fix that. They have to find away to slow down Biden's spending. Biden is making the dollar less wanted and countries areb looking for other currency for their interbnational currency. China is trying to replace us as the country to fix things since China helped work a peace deal between Saudi Arabia and Iran
Against what? That is a serious question. What is out there to replace the Dollar? Everything out there is either falling against the Dollar at official rates, or against the Dollar at blackmarket rates. Every businessman in China is desperately trying to get Dollars. Russia is stuck accepting non-tradable Yuan.
The Fed does not feed dollars into the budget, so you are mostly wrong. There was quantitative easing, which did mean that the Fed was printing money to feed indirectly into the budget, but that ended years ago. We now have quantitative tightening. The Fed is in the process of selling the bonds they bought to destroy $2.5 trillion.
This is causing the money supply to CONTRACT. They are not creating more, but rather destroying more.
Not in the last 80 years. You are living in a fantasy world.
Into the Night
Verified User
Commodity value (wealth).
Bitcoin, gold, silver, Diamonds, the SDR, and a host of other currencies.
Blatant lie.
Blatant lie.
Blatant lie.
I will call this argument 1; and yes, it does.
I will call this argument 2. You are now locked in paradox. You are being irrational. Quantitative easing did NOT end.
Blatant lie.
Bonds are not involved. Blatant lie.
Blatant lie.
Argument from randU fallacy. Blatant lie. Inversion fallacy.
Into the Night
Verified User
America doesn't fall apart. It is a continent.
It is DEMOCRATS that created fiat currency in the United States. It is DEMOCRATS that started inflation. It is Biden that is directly responsible for the high inflation of today AND the shortages.
Obviously, you have no idea what 'real' even means or how it's defined. Buzzword fallacy.
How about in the words of Larry Arnn?
"When oil is no longer pegged to the U.S. Dollar, countries around the globe will seek to repatriate stockpiles of reserve currency. This will flood the U.S. with currency creating hyper-inflation and devaluing the currency."
It's in this month Imprimis.
Which means that Joe Biden wants to replace the dollar with the yuan as the international currency.
Xi's man Quid Pro wants what's best for China.
Dutch Uncle
* Tertia Optio * Defend the Constitution
Meanwhile, in Australia, all the wife-beaters and domestic abuse bullies prove their cowardice by getting drunk every night.
Isn't it true that, besides giving up their guns, the Aussies are sucking Chinese cock?
I know bullies like you, underscore. You're either a spitter or a swallower. IMO, you're a swallower.
Dutch Uncle
* Tertia Optio * Defend the Constitution
Yup. You're a swallower. Figures.
What does Hillsdale say about the fed getting a CBDC?
More dollars chasing a static pile of goods and services will make those dollars have less purchasing power.
If we repatriate say $20 trillion in foreign reserve currency, value of the dollar will utterly collapse.
Are you admitting you are not an American? For "we" to repatriate foreign reserves to America, "we" would have to not be Americans.
The second question is how would the rest of the world exchange more foreign reserves than actually exist. The total Dollar foreign reserves is under $10 trillion, with it being impossible to redeem all at once. Because of the way it is structured, they would take the bulk of the change of the exchange rate, and would be lucky if they could receive $1 trillion a year in value over 5 years.
That would cause moderate inflation, but probably not double digit inflation. We would need far more to get hyperinflation (5 digit inflation).
So, add "repatriate" to the long list of things that "Walt" has no clue as to the meaning of...
[FONT=DDG_ProximaNova]repatriate[/FONT]
[FONT=DDG_ProximaNova][FONT=ddg-serp-icons !important]
[/FONT]rē-pā′trē-āt″[/FONT]
[FONT=DDG_ProximaNova][h=3]transitive verb[/h]
- To restore or return to the country of birth, citizenship, or origin.
- To restore to one's own country.
Our reserves of Dollars would not be foreign reserves, because we are the USA. They are our reserves of our currency. We cannot repatriate them, because they are already in the USA.
To repatriate Dollars, they must first be in a foreign country.