Financial Securities - Why They Matter

[Urwrongx1000]

The US dollar left the gold standard in the 20th Century, in exchange for Oil. It's still the petro-dollar, for now...

[origami]

Calm yourself, take it one step at a time.

Money isn't magic, money is just a method of liquid transaction.

What gives money value is the productive enterprises it is used to transact.

Do you understand this much? Are we on the same page so far?

[origami]

Or do I have to start using stupid coconut analogies?

[Urwrongx1000]

Am I not calm?

I already said that US dollar used to be backed by gold reserves, and that switched to oil in the 20th Century. It is still backed by oil, but that's changing as we speak.

[origami]

Money isn't magic, money is just a method of liquid transaction.

What gives money value is the productive enterprises it is used to transact.

Do you understand this much? Are we on the same page so far?

Yes? No? Half-way?

[origami]

Am I not calm?

I just meant that your thoughs are erratic. +1,000,000 for the reference though.

[Urwrongx1000]

US dollars are backed by a wide range of commodities and assets, along with military power used to secure those assets.

[origami]

Money isn't magic, money is just a method of liquid transaction.

What gives money value is the productive enterprises it is used to transact.

Do you understand this much? Are we on the same page so far?

[Urwrongx1000]

What gives you the impression that I don't understand?

[origami]

Well, mostly, that you won't indicate one way or the other.

[Mr Reasonable]

imma be real this thread is cracking me up rn

[origami]

Fucking dude's a double agent.

[Mr Reasonable]

he's a parrot and someone blocked every website on his router except this one and bitchute

[Urwrongx1000]

Inflation is not extremely complicated.

It's only when far-leftists like smears regurgitates Democrat talking points, like Biden recently blaming inflation on Putin. That leads to confusion, misunderstanding, and propagated lies.


The Federal interest rate is secondary to the amount of US dollar bills printed. The amount of bills directly in the economy, matters most. These are distributed via banks, Congressional spending, and US bonds.

[Mr Reasonable]

i didn't know i was a far leftist until a few kooks from the internet who call everyone far leftists told me so forgive me for not knowing

[Urwrongx1000]

When your belief and value system revolves around CNN talking point propaganda, then yes, you are a far-leftist.

Now, do you want to discuss Biden's first executive orders, or just admit defeat?

EXECUTIVE ORDER 7:
Revoke the permit for the Keystone XL pipeline and cancel other Trump administration energy rules
REVERSAL OF TRUMP ORDER
Biden revoked the presidential permit for the $8 billion Keystone XL pipeline that would have transported fossil fuels from Canada across the United States -- a project climate activists have protested for years. The order also directs federal agencies to start reversing and revising other Trump administration rules, including restoring protections and banning drilling in several national parks and national monuments and setting stricter emissions and fuel economy standards for vehicles.

[origami]

Money isn't magic, money is just a method of liquid transaction.

What gives money value is the productive enterprises it is used to transact.

Do you understand this much? Are we on the same page so far?

If you cannot decide whether you agree with something this basic, we really cannot go anywhere from here.

[origami]

he's a parrot and someone blocked every website on his router except this one and bitchute

But did you hear all the shit he was saying before? The ultra rich this, evil US imperialism that?

[Urwrongx1000]

Look, if you can't connect the dots between how the amount of bills in circulation affects inflation, then you're never going to understand Economics let alone global Economics.

I'm doing you the favor here, with a free tutorial. We can end this here since you insist on being smug.

You obviously have no counter-arguments left.

[origami]

Insanity.

[origami]

By the way, petro dollars is a term that refers to the foreign reserves in USD that governments which only source of income is oil have. These countries sell their oil for USD, so those dollars they make are referred to as petro dollars. It has nothing to do with the US.

You won't find that in Das Kapital though.

[origami]

The question is, how long will people put up with this insanity?

Will they allow these nuts to continue selling them some crazy story, or will they look at the obvious thing that is causing their pockets to be empty?

I mean all the government has to do is press the off switch. Lift the sanctions. It literally is that simple.

Russia has made repeated offers to end the war if some small border territories of Ukraine are allowed to stay out of the EU.

Will they let the world burn first?

[origami]

If someone were intentionally trying to bankrupt the planet, they could hardly do better.

First, spend three years where no significant productive activity is allowed to take place. We can all go to our nearest downtown and see the massive amount of store fronts up for rent.

Then, as soon as they stop that, they immediately block the world off from one of its main power supplies. While they do that, they make it more expensive than ever to get a loan.

[origami]

Who's pockets are deep enough to continue to buy their shit? At what point does reality impose itself over the fever dreams of some university kids?

[origami]

Maybe the tide is turning.

They cleaned up the streets of New York. They overruled illegal Supreme Court decisions. Republicans seem set to take over the US congress under a party that has shifted entirely to a pro-Trump alignment.

They see a woman getting trampled to death by police while some truckers are trying to protest the obvious insanity.

They see a world that was supposed to be undergoing a global warming apocalypse by now doing just fine. Carbon being invoked like it is some magic demon out of hell.

They see a war on Russia for nebulous reasons over a country they couldn't point out on a map that is costing them everything.

They see an EU that is trying to tell everybody how to live while their central bank system crashes and is proven to be fundamentally unsound.

They see a pandemic that was supposed to rival the black plague and measures that were supposed to be scientific obviousness suddenly be put on the back burner like it was a joke all along. No clear scientific reason for lifting the mask mandates. No fatalities other than the very vulnerable.

Where were the massive celebrations that the virus was finally defeated? Where were the doctors popping bottles of champaign over their victory over nature?

They see pundit eminences like Bill Maher back peddaling everything about the last 3 years.

They see a show trial about an event that everybody understood to be a legal manifestation of the people's frustration over clear voter fraud. Millions of votes sent by USPS with no supervision, nothing off here. Republican observers denied access to the polling stations.

They see that Iran was not the insurmountable task that the crazies always said it was, a single precision strike on one madman general and problem solved. No multi-trillion dollar war.

They see peace in the middle east was actually possible, and achieved.

The media saing one thing one day, another thing the next, and the exact opposite three days later.

Commie madmen rending their garments over kids, but not giving a hoot over the environments that cause their problems.

I don't think any of this is lost on people.