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Author Topic:   Monetary Tsunami In America!!
frako
Member (Idle past 336 days)
Posts: 2932
From: slovenija
Joined: 09-04-2010


Message 8 of 121 (610887)
04-03-2011 11:48 AM
Reply to: Message 1 by Buzsaw
04-01-2011 11:59 PM


listening to the guy so fare he has been exaggerating or ignoring some facts like the country he mentioned Yugoslavia well it was no longer Yugoslavia it was Serbia who got bombed back to the stone age by NATO troops, and heavily sanctioned by foreign countries im not saying that the leaders of that country did not deserve it but the common folk really got fucked. He makes it appear like the country was not bombed back to the stone age but that the crisis just happened .
That "secret" meeting happened in 2009 basically the Arabs where pissed off by the plummeting value of the us dollar, hopefully the deal goes trough some day it would help the Eur o very much dont particularity care what happens to the dollar afterwards
If the statements of china getting rid of their dollars is true then there might be something to this deal
The statement of dollars being ever excepted universally is not true.
the part about cuba not excepting dollars should be logical they hate Americans they love the EUR-o though.
the thing about gold and silver is that not lots of it are bing mined mines get at best 2% of gold or cooper from ores, and in the same time "consumption" of those metals has risen europe has so called gold automates where you can buy gold bars from automates.
The worlds most valuable asset is land dunno if the prices soared as high as he said though they just dont make any more of it
I own enough land if the end of time comes ill still be able to feed myself. A country boy can survive
I seriously doubt that things would get this bad in America i think you are only indebted by 96% of your GDP countries with higher debts have been doing fine
And my guess is that this guy is a scam artist who will take the shirt of your back if you let him. My guess is he will make you want to give your money to him so he can "invest" it safely in his back pocket his villa and his yacht.

This message is a reply to:
 Message 1 by Buzsaw, posted 04-01-2011 11:59 PM Buzsaw has not replied

  
frako
Member (Idle past 336 days)
Posts: 2932
From: slovenija
Joined: 09-04-2010


Message 56 of 121 (610982)
04-04-2011 1:16 PM
Reply to: Message 47 by sac51495
04-04-2011 6:41 AM


Re: The Inflation Scam
These economists define then as the root cause of inflation the printing of money, or perhaps an increase in the percentage of money printing
lets say there isonly 10 000 $ in existence 10 000 people each with the same amount of money and 10 000 loafs of bread in this case a loaf of bread costs 1 dollar.
If you print 10 000 $ more you would have 20 000 $ and 10 000 loafs of bread if the bread prices would stay the same 10 000 $ could not be spent on anything being unless because the supply and demand remained the same there is only more money in circulation the loafs of bread jump to a price of 2 dollars.
On the other hand if you dont print any additionyl money and all you have is the 10 000$ but the production of loafs of bread plumit to only 5000 loafs of bread the same thing happenes 5000 $ are useless, the demand stayed the same but the suply plumited so the price of bread jumped up (to at least) 2$ in reality in this scenario the prices would go up far more because you could not live whitout bread and the shop would use that to earn big bucks.
3d scenario 10 000 $ 10 000 loafs of bread but half of the people died the rice of bread would plumit because 5 000 loafs would be useless
its not just the printing of money that effects inflation/deflation lots of factors do.
Normally an inflation of around 2.5 % is considered a good thing higher inflations cause problems for everybody deflation on short term is good for the workers on long term it fucks everybody

This message is a reply to:
 Message 47 by sac51495, posted 04-04-2011 6:41 AM sac51495 has not replied

  
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