Into the Night
Verified User
There is no 'best'. The current economic depression is certainly not the best economy in the States.
The disaster has already happened, Sock.
199k jobs added, unemployment falls to 3.7%
- Thread starter Cypress
- Start date
There is no 'best'. The current economic depression is certainly not the best economy in the States.
The disaster has already happened, Sock.
Into the Night
Verified User
There is no such thing as a 'petrodollar'. Oil is bought and sold in many different currencies. NO ONE is forced to use the dollar (other than The Oligarchy itself, of course).
The current acceptance of the dollar is waning, and fast. People are already looking around for an alternative currency. Gold seems to be favored, but Bitcoin also seem to garner some favor.
Joe Capitalist
Racism is a disease
'Mea culpa': Top Trump economic advisor admits on Fox News 'I was wrong' about Biden economy
https://www.alternet.org/top-trump-economic-advisor-wrong/
Larry Kudlow, the Trump White House’s Director of the National Economic Council, on Thursday admitted on Fox News he was wrong about the Biden economy and all the predictions of an economic slowdown and impending recession that turned out to be false.
“Mea culpa,” said Kudlow, who has an extensive financial background including being the chief economist and senior managing director for Bear Sterns, the once powerful but now-defunct investment bank.
“I was wrong about the slowdown and the recession,” Kudlow continued. “So was the entire forecasting fraternity.”
Neoclitorus
Best
bitcoin is for fools and keynesians.
Into the Night
Verified User
Nope. You can't just ignore the economic depression currently running, Sock.
Into the Night
Verified User
Whether you consider Bitcoin for fools is your personal opinion. I take it you don't like Bitcoin. Well, I don't either particularly, but I do see why people are interested in it. It does have some serious disadvantages though, which is why I'm not a big fan of it.
Keynesian theory has nothing to do with Bitcoin. Indeed, Keynesians don't like Bitcoin because they can't manipulate it.
Having multiple jobs does not create high employment numbers. Whether you have one job or ten jobs, you are counted the same employed.
The problem with gold (and Bitcoins) is that no one wants to pay in it. US Dollars are accepted by everyone, and everyone is willing to spend them(if they have them). That is why they are the world currency, and the rest are simply not. There is no viable replacement for the Dollar.
Then why is the US going digital?
The US went "digital" decades ago. Almost all the US Dollars are not physical, but held in ledgers. I carry a few one dollar bills for small tips, but rarely spend any green cash other than that.
The US wants to do away with cash transactions. It will be something like universal basic income so they can turn your card off for not paying a traffic ticket.
Apparently, we already live in the future.
The vast amount of transactions are cash free. It is very difficult to do a big transaction with cash. I have never heard of anyone getting their card turned off over traffic tickets, but I certainly have heard of people losing their entire income over child support.
He said they will not that they have yet.....as you know.....its all Bull Shit all the time with U.....which is why I almost never bother reading U......there is nothing in it for me.
I have been getting a prosperous life which more than supports my family. Has stupid been hurting you?
TOP
Retired Teacher
Well, you have six jobs if I recall...
I have a question...if someone gets hired, is no call, no show three times in a row and is terminated, does their job count in the "numbers"?
TOP
Retired Teacher
That is the gospel truth...(Numbers and statistics don't pay the rent, AEP, or the grand total at Krogers...Though I see that as long as it's not grand theft, it's still help yourself for many at Target, the mall stores, etc...)