For at least sixty years, presidents have been working to increase the national debt. They have done a hell of a job. The current president is taking spending and stupidity to new levels. GD
Didn’t read thru all so sorry if I’m repeating someone. When the monetary standard is no longer the US dollar, that’s the crash. With crypto currency on the scene we are accelerating to that day. I cannot imagine what that day is going to look like other than very bad. People say have gold and silver on hand, many of us do. But when the day comes, how will it be “cashed in” and who will have the means to accept it? I see danger in crypto in government access to it, and control. Nothing the government hates more than we the people dealing in cash. Osky
Last edited by Osky; 04/22/21.
A woman's heart is the hardest rock the Almighty has put on this earth and I can find no sign on it.
Crypto is interesting, but bitcoin doesn't have a military. We'll be slaves to the central banks for the foreseeable future.
@jameslavish
If you work 40 hrs/wk: at 5% inflation and after 5 years, you need a 28% pay raise or to work 44 more hours (*one full extra week* per month+) to make up the difference.
Obama doubled it in 8 years, the Harris administration will do that again in 4 years.
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.
No, it doesn't matter. The US has gone over the edge on debt, there is no going back at this point. Try and buy some physical silver or gold right now.
Correct. No it does not make any difference at this stage . The momentum in place now is so strong that it cannot be stopped. The pace the commies are moving is to overwhelm the next correction in government even if it were to occur.
The republican party is mostly complicit and weak. If there was any chance to reverse, it was with Trump and they would not stand and fight when shown the way. This nation is going to suffer. It is way worse than the people realize.
For all the good Trump did, it would still be a stretch to call him a fiscal conservative, as he spent money loke a drunken sailor just like every other politician.
In one dollar bills, stacked up, would reach the moon 8.01 times And weigh 985.6 billion tons.
Every aspect of the system were being forced to operate in, is a complete hoax.
..............As some side comparisons, 28 trillion gallons of water = 25.4304 cubic miles of water....28 trillion gallons of water x 8.33 pounds per gallon (according to google) = 233,240,000,000,000 lbs (233.240 trillion lbs) then divided by 2,000 lbs per ton = 116,620,000,000 (116.62 billion tons). My phone calculator goes up to 1 digit shy of 1,000 trillion......I think you may have mis-calculated your weight of 28 trillion $1 bills, as a gallon of water weighs much more than a $1 bill................28 trillion inches divided by 63,360 inches per mile = 441,919,191.919 miles. (nearly 442 million miles) about the distance to Jupiter and beyond.
By the time Bidet is done 28 trillion will be the price of a subway sandwich. Inflation is their planned way out.
Bb
Cash is no place to be right now. With the low/nonexistent inventory of housing that is only getting worse, residential real estate is my pick.
Wait until the foreclosures hit next year, we are going to add about 2 million properties to the sale block. The moratorium just kicked that can down the road. There is also 8 million pending evictions in rentals. This bubbles getting fixing to be deflated.
I kinda hope you're right about mass home foreclosures only if they are Democrats however.
FUGK CCP
It’s time to WAKE UP GOD BLESS THE USA WWG1WGA THERE ARE NO COINCIDENCES
In one dollar bills, stacked up, would reach the moon 8.01 times And weigh 985.6 billion tons.
Every aspect of the system were being forced to operate in, is a complete hoax.
..............As some side comparisons, 28 trillion gallons of water = 25.4304 cubic miles of water....28 trillion gallons of water x 8.33 pounds per gallon (according to google) = 233,240,000,000,000 lbs (233.240 trillion lbs) then divided by 2,000 lbs per ton = 116,620,000,000 (116.62 billion tons). My phone calculator goes up to 1 digit shy of 1,000 trillion......I think you may have mis-calculated your weight of 28 trillion $1 bills, as a gallon of water weighs much more than a $1 bill................28 trillion inches divided by 63,360 inches per mile = 441,919,191.919 miles. (nearly 442 million miles) about the distance to Jupiter and beyond.
Just like with the GOOK FLU statistics, they don't matter because (guessing) over 75% of the under 50 demographic don't "get it"
FUGK CCP
It’s time to WAKE UP GOD BLESS THE USA WWG1WGA THERE ARE NO COINCIDENCES
Speaking of "getting it". You would think, having the federal government essentially closed or working from home for a year... Lol How much government do I really need?
@jameslavish
If you work 40 hrs/wk: at 5% inflation and after 5 years, you need a 28% pay raise or to work 44 more hours (*one full extra week* per month+) to make up the difference.
In one dollar bills, stacked up, would reach the moon 8.01 times And weigh 985.6 billion tons.
Every aspect of the system were being forced to operate in, is a complete hoax.
It's a Ponzi scheme designed to steal our wealth. Has been since 1913, and like all Ponzi schemes, eventually it crashes, and the schemers make off with the wealth and leave the suckers broke. Read The Creature From Jekyll Island.
Or, listen to the author describe it.
TRH, I tried to explain to my wife how our fiat monetary system works. I don't think she got it. Or like most folks and I guess myself included think we can't do anything about it so why worry?
I think we're screwed for real when the oil dollar is replaced?
In one dollar bills, stacked up, would reach the moon 8.01 times And weigh 985.6 billion tons.
Every aspect of the system were being forced to operate in, is a complete hoax.
..............As some side comparisons, 28 trillion gallons of water = 25.4304 cubic miles of water....28 trillion gallons of water x 8.33 pounds per gallon (according to google) = 233,240,000,000,000 lbs (233.240 trillion lbs) then divided by 2,000 lbs per ton = 116,620,000,000 (116.62 billion tons). My phone calculator goes up to 1 digit shy of 1,000 trillion......I think you may have mis-calculated your weight of 28 trillion $1 bills, as a gallon of water weighs much more than a $1 bill................28 trillion inches divided by 63,360 inches per mile = 441,919,191.919 miles. (nearly 442 million miles) about the distance to Jupiter and beyond.
I was drinking, give me a break.... yeah, more like 31,000,000 tons.
No, it doesn't matter. The US has gone over the edge on debt, there is no going back at this point. Try and buy some physical silver or gold right now.
Correct. No it does not make any difference at this stage . The momentum in place now is so strong that it cannot be stopped. The pace the commies are moving is to overwhelm the next correction in government even if it were to occur.
The republican party is mostly complicit and weak. If there was any chance to reverse, it was with Trump and they would not stand and fight when shown the way. This nation is going to suffer. It is way worse than the people realize.
For all the good Trump did, it would still be a stretch to call him a fiscal conservative, as he spent money like a drunken sailor just like every other politician.
Yep he should have explained the details of what this giant looming debt will cause . Explain it in a simple manner - we can't spend money we don't have - keep printing it and a cheeseburger will cost $20 .
PRESIDENT TRUMP 2024/2028 !!!!!!!!!!
Posted by Bristoe The people wringing their hands over Trump's rhetoric don't know what time it is in America.
In one dollar bills, stacked up, would reach the moon 8.01 times And weigh 985.6 billion tons.
Every aspect of the system were being forced to operate in, is a complete hoax.
..............As some side comparisons, 28 trillion gallons of water = 25.4304 cubic miles of water....28 trillion gallons of water x 8.33 pounds per gallon (according to google) = 233,240,000,000,000 lbs (233.240 trillion lbs) then divided by 2,000 lbs per ton = 116,620,000,000 (116.62 billion tons). My phone calculator goes up to 1 digit shy of 1,000 trillion......I think you may have mis-calculated your weight of 28 trillion $1 bills, as a gallon of water weighs much more than a $1 bill................28 trillion inches divided by 63,360 inches per mile = 441,919,191.919 miles. (nearly 442 million miles) about the distance to Jupiter and beyond.
I was drinking, give me a break.... yeah, more like 31,000,000 tons.
.................You was drinkin? Yeah well,,like I was supposed to know that when you made that post?......Ok! Ya got the break....Back to yer drinkin....LOL