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Author | Topic: Phat Unplugged | |||||||||||||||||||||||||||||||||||||||
Taq Member Posts: 10038 Joined: Member Rating: 5.3 |
Stile writes: His temper with feedback is extremely short. He seems to get very angry very quickly with people who challenge him on anything. I usually don't find him to be wrong on his actual facts, but I do find him to be pretty wrong on his tactics and the way he deals with people who do not agree with him. That's the one big criticism I have of Dillahunty. I can understand the frustration of hearing the same BS over and over, but that doesn't justify acting like a douchebag.
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Taq Member Posts: 10038 Joined: Member Rating: 5.3
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Phat writes: One of my favorite YouTubers(bear with me ) recently had a talk refarding CBDC's potentially infringing on the First Amendment. Having records of monetary transactions isn't an infringement on the freedom of religion, freedom of the press, nor the freedom to protest the government. Debit and credit card transactions have been tracked for who knows how long now, and nothing has happened to these freedoms because of it.
Right now as I type this, Taggert is talking about an inevitable decrease in purchasing power of the dollar. Actually, that wouldn't be the worst thing to ever happen. It would make US imports more profitable and drive onshoring of manufacturing. Time will tell, and I have a strong suspicion that Taggart is going to come out wrong on this one. The US is set up with what looks to be the strongest demographics and economy in the developed world for the next few decades. Oddly enough, if the US manipulated its currency like China does then the dollar would be falling in order to reduce labor costs and boost export profits.
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Taq Member Posts: 10038 Joined: Member Rating: 5.3 |
AZPaul3 writes: If I'm reading this right you and your video friend have concerns about privacy in financial transactions. Too late. Financial transactions are the low hanging fruit. Intelligence agencies have been capturing nearly all digital communication for quite a while now.
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Taq Member Posts: 10038 Joined: Member Rating: 5.3
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Phat writes: I listen a bit first, decide whether the individual has any insights that I am unaware of or perhaps that I have heard before, and judge them on their merit rather than their degree status. What thought processes led you to believe that Taggart's take on digital currencies have merit?
What you don't seem to understand is that having a P.hD does not guarantee wisdom. I work with many PhD's, and I can confirm that they are as human as anyone else in the wisdom department. What I am more interested in is why you think CBDC's are any more a threat to First Amendment rights than any other sort of digital recordkeeping that has been going on for the last 5 decades?
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Taq Member Posts: 10038 Joined: Member Rating: 5.3
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Phat writes: Rickards claims that the banks now have this information but that it can only be accessed by the "government" through Subpheona. Intelligence agencies already have all this info. They have records of your internet use, movements of your cell phone, and gads of other info. I wouldn't be surprised if they DON'T have all the financial records already. This is what FISA warrants are all about. If your financial records are held by the Fed then a warrant would still need to be issued in order to recover those records.
Hypothetically, I think that the fear being peddled is that a government could profile its citizens to a degree through such transaction information. There's plenty of de-identified data sources already out there. The amount of data at Google is mind numbing. Financial transactions are a drop in the ocean.
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Taq Member Posts: 10038 Joined: Member Rating: 5.3
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I did get a chuckle out of the conspiracy theorists who refused to get the COVID vaccine because they thought Bill Gates had put a tracker in the vaccine. The epidemiologists I work with actually used de-identified cell phone tracking to measure mobility during the pandemic to help model viral spread. They were worried about the non-existent tracker in the vaccine, all the while us tricky scientists were tracking them with their phones. Not an article from our group, but a similar approach:
It’s complicated: characterizing the time-varying relationship between cell phone mobility and COVID-19 spread in the US | npj Digital Medicine
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Taq Member Posts: 10038 Joined: Member Rating: 5.3 |
Phat writes: Is it so unchristian to support the idea of America First? What do you think Jesus would do with the people massed out our southern border, the people who are hungry, lack shelter, and are fleeing violence in their own country?
This whole idea of a global Western order with the power to weaponize the dollar and impose sanctions on any rogue state who dares fall out of line is authoritarian and requires the cooperation of the American people. I don't think you know what the word "authoritarian" means. If sanctions are authoritarian then every president in the modern era has been an authoritarian.
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Taq Member Posts: 10038 Joined: Member Rating: 5.3 |
Percy writes: Trivia question: How much does a pound of gold weigh? 0.453592 kilograms.
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Taq Member Posts: 10038 Joined: Member Rating: 5.3
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Phat writes: Securing a border does not mean blocking out people. It simply means having a method of screening desirable s from undesirables. Where in the Bible does it say that?
We have a lot of shoplifters in our store, and many of them speak no English. Illegal immigrants commit crimes at a much lower rate than US citizens.
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We are commanded to love our neighbor as ourselves, but that does not mean leaving our doors unlocked and inviting all of the homeless poor disenfranchised masses into our living room.
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Taq Member Posts: 10038 Joined: Member Rating: 5.3 |
Phat writes: My gripe is in regard to shoplifting...one of my pet peeves. We are too soft on crimes against property. I suspect we can find quite a bit of agreement on that topic. I also know that a lot of things I gripe about don't have simple solutions, and I suspect you have found the same thing. We are also towards the top of the list for number of incarcerated per capita in the developed world. That is an issue we need to look at as a society.
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Taq Member Posts: 10038 Joined: Member Rating: 5.3
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Phat writes: One way that the precious metals dealers verify the real from the fake is by weight. I would hope they don't. They should be using density. In fact, Archimedes rose to fame in the ancient world because he came up with a way to find fake coins by measuring density.
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Taq Member Posts: 10038 Joined: Member Rating: 5.3 |
Phat writes: One must note that precious metals should never be thought of as an investment...like bitcoin and its many bubbles. What they are is an insurance policy against the decline in purchasing power of the US Dollar, be it digital or paper. Buying a commodity with the hope that it will make you wealthier in the future is called an investment. Buying precious metals is just as much an investment as buying stocks, bonds, or real estate.
True. You have a good point. We will always have the rich among us as well as the poor. One Texas woman recently bought 55 million dollars worth of physical silver. Her biggest worry will never be going broke. Mine might be. Millions of retirees are living the good life right now because of their investments in market index funds and bonds.
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