Posted on 01/28/2023 8:21:50 AM PST by C210N
Changes are afoot in the financial system. Here are some data points:
Dollar to gold, silver and oil ratios are now pegging at $0. They all have since sometime yesterday, 1/27/23.
M2 Money Supply is decreasing.
Calls To Mint Trillion-Dollar Coin Resurface As Government Faces Debt Crunch
I was referring to the US National Debt - only increases, no principle gets paid to decrease it. Evah.
Check out the vid link in #16.
The $0 are NOT prices, they are ratios.
OK, I can believe oil is extracted at a nearly infinite rate compared to dollars being produced. But gold and silver are too?
You are wrong again. I guess you are not involved in buying US bonds. Every bond is paid back with interest and principle. The Treasury just issues new bonds to pay maturing bonds.
Sooner or later US national debt will grow to a level at which bond buyers will demand much higher interest or not buy bonds at all. That has happened already in dozens of countries.
Exactly what I've been saying - perhaps we are in violent agreement. Paying a bond's principle back with a new bond is just replacing a debt with another debt.
Those are ratios, not amounts. Divide anything by 0 (M2 increase), you get 0.
“When the Fed creates dollars and gives them to banks ...”
Doesn’t the FED loan their created dollars to the banks and expect the banks to pay them back with interest?
0/0 is indeterminate.
Anything else divided by 0 is undefined. The limit of y/x as x approaches 0 is infinite (y not zero, same sign) or negatively infinite (y not zero, opposite sign).
kindly post as to what those ratios mean.
They had a dollar to crypto ratio in 1913? Who knew
Except you forgot one important difference.
The new bonds being issued to pay for the old bonds require double or triple interest rates than bonds sold in 2022. This is because FED has jacked up federal funds rates to address inflation problem. Which means national debt will grow faster.
Do you really want USA to become another Argentina or Zimbabwe or Weimar Republic or Venezuela? Maybe you are old, and you do not care. But what about the young Americans who will face catastrophic financial situation?
My guess is you either not care about the young generation or you are blissfully ignorant.
It says 2013.
You are an idiot. And, thick to boot. Good day.
Hahaha Typical response from a low IQ person with no logical counter-points.
“M2 Money Supply is decreasing.”
Silly! That’s because Congress wrote a big old CHECK overnight and paid off the National Debt and all Unfunded Liabilities! When you write a check that big, it takes a few days for it to clear.
*SMIRK*
Curious. I’ve seen that reference before. What is the designation for the NESARA legislation, or who were its sponsors, so I can look it up in Library of Congress / THOMAS? If it was passed into law, where can I find it in US Code? TIA
The Fed creates and deposits dollars into the dealer bank accounts so they can bid on Treasury bonds. The only time these banks have to “borrow” money from the Fed is when their customers have drawn down their cash reserves below required levels (fractional reserve) and their fellow banks are also unable to lend them excess cash. When they borrow from their fellow banks it is at the Overnight Funding Rate and they have to pay interest for a short period of time until their reserves rise and they can return the principal. When they borrow from the Fed they have to pay the slightly higher Discount Rate until they can return the principal to the Fed. Borrowing from the Fed is rare and highly discouraged since it indicates the unwillingness of other banks to make loans to them.
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