The Zionist conspiracy wants another US war

uke2se said:
I don't know about the killing part, but don't you think we have every reason to dislike you freeloaders on the land? I mean, it's exactly like you say. You lie, cheat and steal (perhaps even kill - I don't know) just because you refuse to do your part in society. Doesn't public dislike of you make you think that you might just be wrong?
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If you did kill some one and the police came to arrest you could you just say the magic words and get away with it? How would a Freeloader society deal with murder,grndslm?
 
What grndslm is afraid to look at (it must be horrible to be so in fear of the truth) is that the currencies of the Arab countries are just petro-dollars, they are locked to the value of the US dollar despite having different names, they are US dollars.

So I really don't think they are going to say the USD is worthless....do you? LOL

So GS (Grndslm) tell us how we know you are right or wrong, how long and what will be the first sign?

Oh on China 'owning' us, lets see if you can do some research:

1. How much of our debt does China invest in?
2. How much other debt to we have?
3. What is our GDP?

Now we both know you won't look these up because you've been told what to think and not to research or do any critical thinking by those who control you by fringe websites.

You are a good little zombie fringe conspiracy believer......
 
Hans said:
So GS (Grndslm) tell us how we know you are right or wrong, how long and what will be the first sign?
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The dollar is traded, when its price goes down precipitously wrt other currencies, it will worth less than today.

Also, when commodities skyrocket it will be worth less than today. That's what's happening now, but who knows if its an abberation or long term trend.

Half the US economists (Schiff, Faber, Rubini, et. al. on YouTube) are predicting a collapse of the dollar, I think, because the US is printing money hand over fist to bail out the bankers (1/3 of the Zionist conspiracy).
 
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Saggy said:
The dollar is traded, when its price goes down precipitously wrt other currencies, it will worth less than today.

Also, when commodities skyrocket it will be worth less than today. That's what's happening now, but who knows if its an abberation or long term trend.

Half the US economists (Schiff, Faber, Rubini, et. al. on YouTube) are predicting a collapse of the dollar, I think, because the US is printing money hand over fist to bail out the bankers (1/3 of the Zionist conspiracy).
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Gee USD on the market will go up and down - we know that - when will it crash? You are saying it will crash - when? At what date will we know that you are wrong? Or is this one of those endless disaster warnings that is always just around the corner.

Er, why do they have to print money to bail out the bankers if the bankers (in your theory) can just create all the money they need? This seems a contradiction.
 
Hans said:
Gee USD on the market will go up and down - we know that - when will it crash? You are saying it will crash - when? At what date will we know that you are wrong? Or is this one of those endless disaster warnings that is always just around the corner.
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It already crashed in 2008. Bush signed $9 Trillion worth of loans before he left office. Was it you talking about GDP and all??

$9 Trillion will require $9,000 every year from every household in America.

It didn't stop at $9 Trillion, tho, did it??

It's just getting worse and worse. EVERYBODY is in debt. With NO JOB CREATION, due to NO REAL MANUFACTURERS LEFT in America.

Hans said:
Er, why do they have to print money to bail out the bankers if the bankers (in your theory) can just create all the money they need? This seems a contradiction.
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Bankers get money from the Federal Reserve. We bailed out not only the Bankers, but the Federal Reserve too. They're taking money from the people to give to the bankers to give back to the people.

The word "scheme" comes to my mind.

Instead of taking $13,000/yr from every household in America for 10 years... why not just take $10,000/yr from every household in America for 2 years and put solar panels on every house??? Seems like a far better solution for society to me, but I don't think you guys really give a crap about society, do you??
 
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Hans said:
So GS (Grndslm) tell us how we know you are right or wrong, how long and what will be the first sign?
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Nov. 2008.

Hans said:
Oh on China 'owning' us, lets see if you can do some research:

1. How much of our debt does China invest in?
2. How much other debt to we have?
3. What is our GDP?

Hans said:
Now we both know you won't look these up because you've been told what to think and not to research or do any critical thinking by those who control you by fringe websites.
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We cannot pay back our debts. Look at the cost increase of food that WE are seeing. It is not possible for us to keep up with inflation. IMPOSSIBLE.

Hans said:
You are a good little zombie fringe conspiracy believer......
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I bet you had no clue that Bush agreed to $9 Trillion in loans in his last 3 months of office, did you??

Do you know what the Federal Gov't's revenue is for a year?? About $4 Trillion. So... how can we keep running gov't and the corporatocracy?? WE CANNOT!!
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timhau said:
The dollar crashed in 2008? In relation to what? How come most people who have exposure to the US dollar didn't notice? 1 Euro was worth $1.4688 on the first day of trading in 2008, but only $1.3917 on Dec. 31st, 2008.
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Funny, I was Ireland just a couple of months ago, and they were happy to take my worthless dollars and give nice, fresh Euros. The exchange rate wasn't great, but it wasn't the worst it's been either.

I'm starting to suspect that grndslm may not fully understand what he is talking about...
 
grndslm said:
But...

CAN YOU PROVE IT!?!?
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Prove what? That the US dollar hasn't crashed? I just gave you the historical exchange rates against the Euro; rates against other currencies are readily available as well. They fluctuate, as they always do, but there is zero evidence of a dollar crash. In fact, the dollar is slightly stronger against e.g. the Euro now than it was in early or late 2008, and clearly stronger than it was in the summer of 2008.

How about you provide something, anything in favor of the claim you made?
 
timhau said:
How about you provide something, anything in favor of the claim you made?
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Everybody who knows anything about economics is crapping their pants right now.

Take any claim of mine and search the magic terms. If you honestly can't succeed, point one claim out and I will help you out.

If you're referring to the claim of the dollar crashing in late 2008... it should be self-evident when the government asks for $9 trillion in loans in just a matter of months, as Bush is heading out the door ... trillions of dollars, that is, to give to the Federal Reserve, banks, & insurance companies.... the financial industry that should never be going bankrupt... and the Fed. Gov't only has an annual revenue of $4 Trillion... the USD *will* collapse very, very soon. Like I said.. look to what China is doing... investing in metal, not hopes & dreams. The largest holder of the USD is dumping it!

It has to do with greed running deep in the veins of humanity. Things will only get worse and worse. Hell on earth is what you will have, because you're not working toward Heaven.
 
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Evasion noted. How about supporting your claims -- with something other than a link to google? I can type that into my browser all on my own, thank you very much.

BTW, what does borrowing 9 trillion or 17 fantastillion or whatever matter to you anyway, since you've claimed that money isn't real?
 
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I'm only giving you a taste of your own medicine.

17 fantastillion dineros matters to the material world, which you want to be apart of.

What does it matter to me? Not a whole lot. I'm just trying to explain to you the reality of this world that you're living in, since you're not actually paying attention yourself.
 
Hans said:
Er, why do they have to print money to bail out the bankers if the bankers (in your theory) can just create all the money they need? This seems a contradiction.
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Good (implied) question.

Creation of money is one of the mysteries. The great quote is from Galbraith ... “The process by which money is created is so simple that the mind is repelled".

Here is how I think it works .... (to be corrected) The basic process is that the govt. prints a bond, and the central bank sells it. The buyer deposits the price of the bond into the central banks account. This takes money out of the economy. However, the central bank now lends the money at minimal interest (close to 0 now) to the regional banks, the regional banks 'leverage' the money at the mandated rate, lend 10 to 20 times the amont of the bond into the economy, thereby increasing the money supply.

But, that may not be right ....

Is that the mechanism employed for 'quantatative easing'? Let's google ....

wiki ....

Quantitative easing (QE) is an unconventional monetary policy used by some central banks to stimulate their economy. The central bank creates money which it uses to buy government bonds and other financial assets, in order to increase the money supply and the excess reserves of the banking system; this also raises the prices of the financial assets bought (which lowers their yield).[1]

Like I said, it's a bit of a mystery. What does, in the above paragraph, the phrase 'The central bank creates money' mean?

Further ...

Steps

1. The central bank has previously targeted an extremely low rate of interest, near or at zero percent.
2. The central bank credits its own bank account with money it creates electronically.[4][32]
3. The central bank buys government bonds (including long-term government bonds) or other financial assets, from commercial banks or other financial institutions, with the newly created money.[4][32]

So, I'm not entirely clear on the process here, as according to wiki 'The central bank credits its own bank account with money it creates electronically.' which does not strike me as credible.

Clearly, this needs to be clarified. What is the bookkeeping entry when the central bank credits it's own bank account.
 
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timhau said:
The dollar crashed in 2008? In relation to what? How come most people who have exposure to the US dollar didn't notice? 1 Euro was worth $1.4688 on the first day of trading in 2008, but only $1.3917 on Dec. 31st, 2008.
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How about the dollar crashing with respect to commodities. Is it happening now? And if it is, is it 'systemic' or is it just speculation?

For example if oil goes to $100.00 and stays there indefinitely, has the dollar crashed?
 
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