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To: Jan_Sobieski

To your point, the Commie Pinko Fags will not never ever forgive Russia for what happened to their beloved Union of Soviet Socialist Republics.


22 posted on 12/21/2023 9:19:23 AM PST by OKSooner ("You won't like what comes after America." - Leonard Cohen.)
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To: All

There is a lot of propaganda in the world.

Why did Japan bomb Pearl Harbor? Because at that time the US was the Saudi Arabia of the world, exporting far more oil than was consumed domestically. FDR cut off Japan. Like the US in the 1970s, they decided a foreign country would not dictate their policies. Their response (somewhat similar to the 1970s oil embargos) was to attack the US fleet that might interdict their shipping oil from Indonesia.

Why did the Soviet Union collapse? Because of banking. Their central bank at that time was constrained from creating money unless it was in line with the Interior Ministry’s Five Year plan. They had no ability to do Quantitative Ease, because they forbid it to themselves. If they had simply printed all the money they wanted to, there would still be a Soviet Union.

Make no mistake in this. Bernanke knew this. He flooded 10s of Trillions since 2009. The Russians made the mistake of treating money like it should be logical and arithmetically correct. Bernanke knew it was all whimsical. All he had to do was not talk about it publicly. In his famous 60 Minutes interview, he was asked:

“People say you are just printing money from thin air. How do you respond to this?”

Reply: “I’m just buying bonds. Some are mortgage bonds. Some are government bonds. But all I’m doing is buying bonds.”

The reporter never (EVER) followed up with the question — Where do you get the money to buy those bonds?

Anyway, that is why the Soviets fell. It will never happen again. Russia has an unrestrained central bank now and does not face $34 Trillion in debt.


24 posted on 12/21/2023 9:41:19 AM PST by Owen (.)
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To: OKSooner

Yep!


35 posted on 12/21/2023 12:33:55 PM PST by Jan_Sobieski (Sanctification)
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