jar claims that I listen to shills and quacks...con men all. I say he doesn't see the handwriting on the wall.
Note this article from respectable magazine, Forbes:
Hyperinflation: Will America Dodge The Bullet? When I seee stuff like this, my inner intuitiveness confirms its validity. Call me arrogant, but I think I see a scenario which mainstrtem academia misses.
How you all see it as life as usual, I see as an apocalyptic scenario. Why is that? Am I that smart or am I that delusional? Or are you?
Virtually every article that I read says that we likely will have a deflationary scenario followed by an inflationary....and even hyper-inflationary one.
Comments?
"A lie can travel half way around the world while the truth is putting on its shoes." ~Mark Twain " ***
far from science having buried God, not only do the results of science point towards his existence, but the scientific enterprise itself is validated by his existence.- Dr.John Lennox
The whole war between the atheist and the theist comes down to this: the atheist believes a 'what' created the universe; the theist believes a 'who' created the universe. - Criss Jami, Killo
The most difficult subjects can be explained to the most slow-witted man if he has not formed any idea of them already; but the simplest thing cannot be made clear to the most intelligent man if he is firmly persuaded that he knows already, without a shadow of a doubt, what is laid before him. Leo Tolstoy, The Kingdom of God is Within You (1894).
Seeing the signs indicating that such a scenario is likely to occur. Anyone with intelligence of even a minor degree could discern the likely signs that the economy of the US dollar and the soundness of our financial system is at least being tested.
Or perhaps you simply see the bill being paid at the expense of those foolish virgins who did not bother to refill their lamps.
I never liked your assessment that the US as a whole would clearly survive and that only some of us would get wiped out to pay the damnable bill that in your opinion wont tank everybody but only a select group.
"A lie can travel half way around the world while the truth is putting on its shoes." ~Mark Twain " ***
far from science having buried God, not only do the results of science point towards his existence, but the scientific enterprise itself is validated by his existence.- Dr.John Lennox
The whole war between the atheist and the theist comes down to this: the atheist believes a 'what' created the universe; the theist believes a 'who' created the universe. - Criss Jami, Killo
The most difficult subjects can be explained to the most slow-witted man if he has not formed any idea of them already; but the simplest thing cannot be made clear to the most intelligent man if he is firmly persuaded that he knows already, without a shadow of a doubt, what is laid before him. Leo Tolstoy, The Kingdom of God is Within You (1894).
What it means: The interest rate at which banks and other depository institutions lend money to each other, usually on an overnight basis. The law requires banks to keep a certain percentage of their customer's money on reserve, where the banks earn no interest on it. Consequently, banks try to stay as close to the reserve limit as possible without going under it, lending money back and forth to maintain the proper level.
How it's used: Like the federal discount rate, the federal funds rate is used to control the supply of available funds and hence, inflation and other interest rates. Raising the rate makes it more expensive to borrow. That lowers the supply of available money, which increases the short-term interest rates and helps keep inflation in check. Lowering the rate has the opposite effect, bringing short-term interest rates down.
So now that they are low, inflation is a distinct possibility. Im telling you it will be closer to hyperinflation until the dollar finds its true level in relation to other currencies. The US middle class will get decimated...and all to pay that stupid bill. We oughta protest. The whole world must pay it.
Edited by Phat, : No reason given.
"A lie can travel half way around the world while the truth is putting on its shoes." ~Mark Twain " ***
far from science having buried God, not only do the results of science point towards his existence, but the scientific enterprise itself is validated by his existence.- Dr.John Lennox
The whole war between the atheist and the theist comes down to this: the atheist believes a 'what' created the universe; the theist believes a 'who' created the universe. - Criss Jami, Killo
The most difficult subjects can be explained to the most slow-witted man if he has not formed any idea of them already; but the simplest thing cannot be made clear to the most intelligent man if he is firmly persuaded that he knows already, without a shadow of a doubt, what is laid before him. Leo Tolstoy, The Kingdom of God is Within You (1894).
I took your advice, but have my beliefs on the direction the world is heading. We will of course try and keep it together and I DO agree that moderation is wise. Biden has other remarks:
Biden warns China will 'eat our lunch' on infrastructure spending It seems that jar is right in that the US needs to find better ways to compete and quit living in the past. The slogan, rather than "Make America Great Again" should be more along the lines of "Make America Great. For Once
Different pastor)
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