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Joined: Jul 2020
Posts: 5,272 Likes: 12
Campfire Tracker
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Campfire Tracker
Joined: Jul 2020
Posts: 5,272 Likes: 12 |
The dollar has been failing since 1913.
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Joined: Aug 2009
Posts: 20,824
Campfire Ranger
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Campfire Ranger
Joined: Aug 2009
Posts: 20,824 |
All fiats fail..... the average life span is 40-50 yrs. Nixon took us off the gold standard in 1971..... seems we are on borrowed time Of course the normies & commies think it will be different this time.... Yet things are shaping up for history to repeat.... But have you seen the Dow-Jones.... lmao
Originally Posted by Judman PS, if you think Trump is “good” you’re way stupider than I thought! Haha
Sorry, trump is a no tax payin pile of shiit.
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Joined: Feb 2010
Posts: 16,077
Campfire Ranger
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Campfire Ranger
Joined: Feb 2010
Posts: 16,077 |
The amateur economists have been saying this since its inception. And they are usually trying to sell gold.
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Joined: Jan 2005
Posts: 38,891 Likes: 4
Campfire 'Bwana
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Campfire 'Bwana
Joined: Jan 2005
Posts: 38,891 Likes: 4 |
The amateur economists have been saying this since its inception. And they are usually trying to sell gold. Either sell it or drive up the price on what they have buried in the back yard.
Not a real member - just an ordinary guy who appreciates being able to hang around and say something once in awhile.
Happily Trapped In the Past (Thanks, Joe)
Not only a less than minimally educated person, but stupid and out of touch as well.
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Joined: Nov 2003
Posts: 28,411
Campfire Ranger
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Campfire Ranger
Joined: Nov 2003
Posts: 28,411 |
All fiats fail..... the average life span is 40-50 yrs. Nixon took us off the gold standard in 1971..... seems we are on borrowed time Of course the normies & commies think it will be different this time.... Yet things are shaping up for history to repeat.... But have you seen the Dow-Jones.... lmao All of the G-20 nations are dealing with the same. We’re still the cleanest dirty shirt in the closet and will be for a long while. Inflation is still sorta hard to see except for supply disruptions and since food and fuel was conveniently removed from the calculation.
The degree of my privacy is no business of yours.
What we've learned from history is that we haven't learned from it.
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Joined: Jul 2018
Posts: 10,671
Campfire Outfitter
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Campfire Outfitter
Joined: Jul 2018
Posts: 10,671 |
If anyone can make it happen, the current Democrat Party is up to the task.
Progressives are the most open minded, tolerant, and inclusive people on the planet, as long as you agree with everything they say, and do exactly as you're told.
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Joined: Nov 2003
Posts: 28,411
Campfire Ranger
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Campfire Ranger
Joined: Nov 2003
Posts: 28,411 |
If anyone can make it happen, the current Democrat Party is up to the task. Truth. The monetary wild card.
The degree of my privacy is no business of yours.
What we've learned from history is that we haven't learned from it.
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Joined: Feb 2013
Posts: 21,801 Likes: 8
Campfire Ranger
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Campfire Ranger
Joined: Feb 2013
Posts: 21,801 Likes: 8 |
IT ISN'T JUST THE RTARDS IN THE WHITE HORSE... ITIS THE RETARDS THAT PUT THEM THERE !! THEY BELEIVE ALL THIS SHTUF SHOULD HAPPEN. That is absolutely correct. I will no longer conduct business with people, I believed to be the enemy. Not everyone wears a communist armband, but those that do or are known to me to have aided in this coup... will get no aid, comfort or benefit from me. It really is that simple for me. Of course your mileage may vary and you may choose to buy and sell with known traitors of this great nation. You still have that right for now. However, in the future you will pick their cotton for free.
If you are not actively engaging EVERY enemy you encounter... you are allowing another to fight for you... and that is cowardice... plain and simple.
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Joined: Feb 2013
Posts: 21,801 Likes: 8
Campfire Ranger
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Campfire Ranger
Joined: Feb 2013
Posts: 21,801 Likes: 8 |
The dollar has been failing since 1913. Of course it has, but now it has jet fuel behind it's collapse.
If you are not actively engaging EVERY enemy you encounter... you are allowing another to fight for you... and that is cowardice... plain and simple.
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Joined: Feb 2013
Posts: 21,801 Likes: 8
Campfire Ranger
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Campfire Ranger
Joined: Feb 2013
Posts: 21,801 Likes: 8 |
The simplest of all possible realities is that people that desire things that they have not earned will become owned by these things and the people that provided the advantage of these free/stolen "gifts".
It is EXACTLY what a pusher does with heroin...
The stupid are being lauded with wine and song prior to being shanghaied.
Either you understand that now... or you will later.
If you are not actively engaging EVERY enemy you encounter... you are allowing another to fight for you... and that is cowardice... plain and simple.
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Joined: Sep 2011
Posts: 60,913 Likes: 14
Campfire Kahuna
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Campfire Kahuna
Joined: Sep 2011
Posts: 60,913 Likes: 14 |
The greenback dollar is the best of a , "bad lot".
These premises insured by a Sheltie in Training ,--- and Cooey.o "May the Good Lord take a likin' to you"
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Joined: Nov 2003
Posts: 28,411
Campfire Ranger
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Campfire Ranger
Joined: Nov 2003
Posts: 28,411 |
Meanwhile,,,,Life goes on.
The degree of my privacy is no business of yours.
What we've learned from history is that we haven't learned from it.
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Joined: Aug 2005
Posts: 10,759
Campfire Outfitter
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Campfire Outfitter
Joined: Aug 2005
Posts: 10,759 |
I think Dave Ramsey should be Secretary of the Treasury.
A true sportsman counts his achievements in proportion to the effort involved and fairness of the sport. - S. Pope
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Joined: Nov 2003
Posts: 28,411
Campfire Ranger
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Campfire Ranger
Joined: Nov 2003
Posts: 28,411 |
I think Dave Ramsey should be Secretary of the Treasury. Head of the FED.
The degree of my privacy is no business of yours.
What we've learned from history is that we haven't learned from it.
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Joined: May 2010
Posts: 6,650
Campfire Tracker
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Campfire Tracker
Joined: May 2010
Posts: 6,650 |
All fiats fail..... the average life span is 40-50 yrs. Nixon took us off the gold standard in 1971..... seems we are on borrowed time Of course the normies & commies think it will be different this time.... Yet things are shaping up for history to repeat.... But have you seen the Dow-Jones.... lmao I’m a poor man but I’m in it with 50%+ gains over the last 4years. Can’t complain. Any tips on stuff?
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Joined: Aug 2009
Posts: 20,824
Campfire Ranger
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Campfire Ranger
Joined: Aug 2009
Posts: 20,824 |
All fiats fail..... the average life span is 40-50 yrs. Nixon took us off the gold standard in 1971..... seems we are on borrowed time Of course the normies & commies think it will be different this time.... Yet things are shaping up for history to repeat.... But have you seen the Dow-Jones.... lmao I’m a poor man but I’m in it with 50%+ gains over the last 4years. Can’t complain. Any tips on stuff? Brother Fester, the consensus seems to be commodities.... real goods Buy stuff you need and is durable. Canning supplies Ammo & components (may be too late for that) Land etc.... Cash flowing real estate Pay off any debt Pay off your mortgage As others have said the USD is the cleanest dirty shirt in the hamper, maybe cash ? if you are talking IRA and are limited to what you can do, inflation and collapse is a danger to cash though, Silver and to a lesser extent gold, lead, platinum/palladium Think wealth preservation, wait for opportunities in the future , put speculating on hold for now.
Originally Posted by Judman PS, if you think Trump is “good” you’re way stupider than I thought! Haha
Sorry, trump is a no tax payin pile of shiit.
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Joined: Nov 2003
Posts: 28,411
Campfire Ranger
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Campfire Ranger
Joined: Nov 2003
Posts: 28,411 |
All fiats fail..... the average life span is 40-50 yrs. Nixon took us off the gold standard in 1971..... seems we are on borrowed time Of course the normies & commies think it will be different this time.... Yet things are shaping up for history to repeat.... But have you seen the Dow-Jones.... lmao I’m a poor man but I’m in it with 50%+ gains over the last 4years. Can’t complain. Any tips on stuff? Brother Fester, the consensus seems to be commodities.... real goods Buy stuff you need and is durable. Canning supplies Ammo & components (may be too late for that) Land etc.... Cash flowing real estate Pay off any debt Pay off your mortgage As others have said the USD is the cleanest dirty shirt in the hamper, maybe cash ? if you are talking IRA and are limited to what you can do, inflation and collapse is a danger to cash though, Silver and to a lesser extent gold, lead, platinum/palladium Think wealth preservation, wait for opportunities in the future , put speculating on hold for now. Sound wisdom. And know your time horizon, tempering your investments to that.
The degree of my privacy is no business of yours.
What we've learned from history is that we haven't learned from it.
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Joined: May 2010
Posts: 6,650
Campfire Tracker
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Campfire Tracker
Joined: May 2010
Posts: 6,650 |
Missed the boat on flipping houses around here.
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Joined: Feb 2021
Posts: 28
Campfire Greenhorn
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Campfire Greenhorn
Joined: Feb 2021
Posts: 28 |
With Trump as president the rest of the world at least had some confidence we would pay back our debt, Biden not so much. We know Soros and China want to see the dollar fail, as that is the best way to kill an economy. The Federal reserve has been buying up our bonds to prop up the dollar and doing so with printed money only backed up by the belief that we will be good for our debt. If interest rates rise 2% the interest on our debt will soon be impossible for us to pay. Crazy. What is really with George Soros wanting the dollar to fall, this is the same thing he did in 1992 to the British Pound. He shorted the currency and it fell drastically. I hope he doesn't do that to the Dollar, it would be cathastrophe.
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Joined: May 2010
Posts: 6,650
Campfire Tracker
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Campfire Tracker
Joined: May 2010
Posts: 6,650 |
Huh..... you think? Big money is crazy.
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