What If the Dollar Falls?

[ptif219]

I don't believe you.

It does not matter to me if you believe it it is true

 

[Lightbringer]

It does not matter to me if you believe it it is true

Because truth doesn't matter to you. I know that about you. I don't think you're Chinese though...Russian? No, not Russian. Ukrainian? Yeah! That's the ticket. Well, not really. Low level American political operative? Yep. That's you.

 

[ptif219]

Because truth doesn't matter to you. I know that about you. I don't think you're Chinese though...Russian? No, not Russian. Ukrainian? Yeah! That's the ticket. Well, not really. Low level American political operative? Yep. That's you.

I speak truth you believe the Democrat lies

 

[Lightbringer]

I speak truth you believe the Democrat lies

Do I know? Please explain. Even my enemies on this forum will laugh at you.

 

[ptif219]

Do I know? Please explain. Even my enemies on this forum will laugh at you.

You are ignoring what I said

 

[Lightbringer]

You are ignoring what I said

No I'm not. You called me a Dem Shill. Roll with that and see where it gets you.

 

[Walt]

My parents are both dead. I am probably older than you. I own my house and 2 vehicles with no debt on my credit cards

I wish I had a mortgage, but I paid it off. It was a mistake. I could have had a mortgage at 4%(or less), while inflation was at 8%. Even now, with inflation at 4.9%, it would have been a great deal. Even when inflation goes below 4%, I would have still saved money considering the interest tax deduction.

Heck, even if inflation was at 0%, a mortgage would have made sense. Long term returns on the stock market is above 10%, so I would make 6% a year(10% returns minus 4% interest).

It taught me a valuable lesson. I would rather make money with debt, than be poor without debt. Not all debt is bad.

 

[ptif219]

I wish I had a mortgage, but I paid it off. It was a mistake. I could have had a mortgage at 4%(or less), while inflation was at 8%. Even now, with inflation at 4.9%, it would have been a great deal. Even when inflation goes below 4%, I would have still saved money considering the interest tax deduction.

Heck, even if inflation was at 0%, a mortgage would have made sense. Long term returns on the stock market is above 10%, so I would make 6% a year(10% returns minus 4% interest).

It taught me a valuable lesson. I would rather make money with debt, than be poor without debt. Not all debt is bad.

I am glad I am debt free

 

[Truck Fump / h1b]

I wish I had a mortgage, but I paid it off. It was a mistake. I could have had a mortgage at 4%(or less), while inflation was at 8%. Even now, with inflation at 4.9%, it would have been a great deal. Even when inflation goes below 4%, I would have still saved money considering the interest tax deduction.

Heck, even if inflation was at 0%, a mortgage would have made sense. Long term returns on the stock market is above 10%, so I would make 6% a year(10% returns minus 4% interest).

It taught me a valuable lesson. I would rather make money with debt, than be poor without debt. Not all debt is bad.

it's funny you come up with the international financier talking point everytime.

fucking jew.

 

[Walt]

it's funny you come up with the international financier talking point everytime.

fucking jew.

Do only international financiers have mortgages on their houses?

 

[Truck Fump / h1b]

Do only international financiers have mortgages on their houses?

they encourage more loans at all times. dum dum strategy.

 

[Into the Night]

no. there are shares that pay dividends. they are privately held.

stop lying.

A government agency doesn't have shares.

 

[Into the Night]

^^^
Sybil thinks oil has no influence on the global economy.

You really think oil has no influence on the global economy????

 

[Into the Night]

Show proof

No need. The transaction is done using the local currencies between the parties.

 

[Into the Night]

How? I don't think you understand economics.

Inversion fallacy. It is YOU that doesn't understand. Money is not economics. It is just a medium of trade (which IS economics).

 

[Into the Night]

It was never propped up. The whole point of using Dollars was to make other countries susceptible to diplomatic pressure.

There is no diplomacy here nor any treaty. Hallucination.

 

[Into the Night]

and they buy in with shares, and those shares pay dividends.

it's not like any other agency. private banks get returns from the operation of the fed.

this is fascism. I know, you libertarian dumb cunts cant recognize fascism anymore.

are there any other "agencies" like that, dumbfuck?

There are no shares in a government agency such as the Federal Reserve.
Communism is not fascism.

 

[Into the Night]

libertarians are globalist traitors.

look how they lie.

WTF is a 'globalist traitor'???????!?

 

[Into the Night]

I already did all this, shitholer.

why are you fucking lying?

Blatant lie. Inversion fallacy.

 

[Into the Night]

you don't know there are shares in the federal reserve owned by private companies.

I told you now and you still can't seem to learn a simple fucking fact.

There are NO shares in a government agency such as the Federal Reserve.