Posted on 05/17/2024 9:18:27 PM PDT by SeekAndFind
That's very interesting.
Can you please tell us exactly how you know this is true??
Really, really want to know the truth based on real facts -- not opinion and propaganda.
By my count South Korea, South Korea, Jamaica, and Japan. :)
A good portion of that is the world's post-COVID psychological reaction to finally figuring out Xi Jinping is a fascist. But he is not immortal.
China will boom again when the world returns to its shores - and the world will return because China will be one of the few places with modernized industries not hamstrung by suicidal Green New Deals and diversity mandates.
US is clearly in decline keep voting democrat it’s for one world government.
Always track back to the starting point.
Swamp members grin and nod.
How is Wakanda doing?
That would be the best thing for the US long term. It would restore fiscal responsibility, though it would be painful.
The dollar basically took the place of gold as a valuable reserve asset. So every time the fed and banks print more dollars it’s like printing gold.
If it loses that status, then quickly the interest on us bonds would skyrocket and we’d be like Greece or Zimbabwe.
“Yeah, but who’s #1 in moviemaking, music videos, sports, and pr0n? Huh?”
Not to mention promoting delusions (LGBTQRSTUV), pronouns, castrating little boys, cutting breasts of young girls, men that get pregnant, women with dicks...
“The international banks control the future labor and actions of the world.
Watch as they fund both sides of war - as they always have historically.”
They will try to fund lots of things, but the days of conjuring up tradeable currency are fading.
Lets say they print up a billion dollars for bombs, guns, drones.
The cost of raw materials and labor to put all this in the pipeline is about to radically change.
Then what?
Money isn't printed. It's created when a new debt is created by a banking institution.
Banks do not lend deposits. Those are liabilities on the bank's balance sheet and they are not allowed to.
It used to be there were rules about how many loans (new money) could be created based on the deposits held. That's no longer the case.
The government cannot print money. It can sell securities, with the purchase at auction of those securities creating new money - the same as a consumer taking a loan for a house or car creates new money.
Principal payments on loans reduce the money supply as the debt gets drawn down.
At least you have your priorities right, with a nice car.
Good grief. “printing” is not a literal term.
There is a pile of money, all of a sudden the pile gets bigger.
Is that sufficiently obtuse for you without saying “print”?
Who is going to build weapons in a “piles of money get bigger” (hyperinflationary) environnment, and will the money pile increase build the quantity of weapons that is wanted.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.