I was recently asked how my country could deal with inflation, I said just chuck it in a pit and burn the damn things to ashes.
With each dollar bill destroyed, the dollar as a whole gains more value on the market.
It's a good way to increase the purchasing power of our money, its been done before and has worked brilliantly each time it was tried, so why doesn't the government just do that?
A few months after Paul Volcker was appointed chair of the federal reserve in 1979, inflation was easing when he decided to raise interest rates from 11% to 18% and immediately totalled the economy. That's why temporary food banks had to be created that turned permanent. Volcker was also on the trilateral commission with the leeches who tell politicians what colour the sky is. Volcker had previously told Nixon to ditch the gold backed dollar.
Volcker was on the board of the Canadian Power Corporation, the castle of the globalist parasite schemers with every central Canadian politician, and Maurice Strong who was also the head of the UN. Thy were all involved in the Iraqi oil for food deal with France and Australia's government and some others taking kick backs for Iraqi oil and getting rotten food to Iraqis in return.
Maurice Strong appointed Paul Volcker to investigate the UN. Paul Volcker was also the director of the UN’s Association of the United States, and found nothing wrong at all. You'd have to dig through history to find out who it was in the US that set up another investigation and uncovered the massive global theft.
The Ukraine got 8 billion barrels of oil to sell. The money went into the Ukraine Communist Party, the Ukraine Socialist Party and the Ukraine Social Democrat party. They probably bought weapons
The son of Syria’s defence minister got some barrels to sell, and so did Brazil’s Revolutionary Movement Party, The Yugoslav Left, the Communist Party of Slovakia, The Communist party of Belarus, The Bulgarian Socialist party. A Vatican official named Reverend Benjamin got barrels to sell too.
There's a theme there. Australia was the largest source of kick backs.
The money went through BNP Paribas, one of the biggest big banks who is constantly being fined for funding terrorists by laundering their money and the money and the drug cartel money. A lot of the politicians personal investments in a bank called Pargesa that is heavily invested in BNP Paribas. Under a scam bit of legislation the executives get "deferred prosecution", which means they flip the political co conspirators money in fines and get immunity from jail.
Inflation is about communist investors and their greedy politicians waging war for communist slavery against us, the people.
Everyone causes inflation. Thats the natural result of trying to prosper as an individual. The lack of self sufficiency and group solidarity plays a big part. But yeah I know what you mean.
I really dont care in the slightest. Ive always been the one that was odd regardless of if I liked it or not and being odd almost always receives contempt from those of ill nature. But as I said before I dont mind elaborating for the right person. All I ask is they be someone willing to civilly listen to things that contradict their beliefs, someone that is willing to think for themself about why another says what they say without defaulting to looking down on others, someone who isnt an emotional or childish fool, and someone that treats others with the respect they would want themselves.
I plan on hopping off for today but tell me what has you curious. Personally I think my comment is entirely correct and well said. Still say if there a part that confuses or is unclear to you.
I don’t think the reasoning of your statement is self evident. I don’t see why “people prospering” (or creating wealth?) has to result in bad economic information. The dollar is a measure of the value of wealth and if someone is intentionally causing its value to change, that is disseminating corrupt information. People are constantly in a state of believing they have more wealth than they actually do. It’s a trick jews have to trick stupid goys in to being consoomers while punishing savers. Only finance professionals win with inflation (i.e.jews).
The dollar is information. Inflation is a corruption of that information. Why would you want bad data when you can have good data?
No, everyone doesn’t cause inflation. It happens when the money supply grows faster than the wealth produced. We have too many people working in fake bureaucratic jobs that don’t produce anything, nothing that’s objectively valuable to a large number of people anyway. They are vassals that are being paid off by elites who are destroying efficiency and productivity in order to gain more power, and they are doing it by printing counterfeit money among other things.
[ - ] Hadza 1 point 3.0 yearsJun 18, 2022 03:33:52 ago (+1/-0)*
No, what he means is that inflation happens when you, as a shopkeeper, see your favourite meal become more expensive (or any goods/services) and compensate by increasing your own prices. You can still ask what causes the first shopkeep in that chain to make the decision.
We used to have a deflationary currency while on the gold standard. People were incentivised to hold on to money because it would gain in value.
Just imagine how much money you would spend If it gained 6% in deflation every year, just by sitting on it? Investments would need to show growth of 6%+ to keep up with deflation so bad speculations dry up and encourage actual corporate progress.
And then JFK was assassinated and the kikes never took another chance with the American electoral system since. All the presidents that wanted to remove central banks and replace it with a gold or silver standard got JFK'ed.
everyone says its just ones and zeros (which is true-ish) but its backed by us Treasury sovereign bond sales (I.E. the petro dollar)
To revalue the US dollar, those bonds need payed off and few new ones issued... fun fact: most countries have stopped buying them in the last few years, the treasury is secretly buying them (against the law BTW)
[ - ] oldblo 1 point 3.0 yearsJun 17, 2022 18:12:25 ago (+2/-1)
Money is mostly digital now. At worst they would switch to fully digital currency. A thing they already want for several dystopian reasons. This is what happens when the wealth some own represents literal mountains of currency.
Most of our dollars only exist on balance sheets, something like 20% of all US dollars were physical prior to "printing" in excess of 6 trillion dollars in the last 3 years.
If we want deflation it can be done by destroying those imaginary dollars but we've got a make a scheme to get the money we gave away back.
One tactic is to issue government securities designed to pay out under market performance, this is part of why interest rates at the fed hadn't budged in so long.
Another way is to create "relative" deflation, get every other country to print money like it's the end of the world so their currency is devalued by as much as or more than the dollar has been recently. This will still fuck over domestic supplies and the poor though.
I'm just now realizing why china may have made all that covid scare propaganda, china is facing financial collapse right now without Trump pushing them when they released covid in 2019 trump was killing their economy with regulations to twist their arm on trade deals, as a commie country money printing is how they dig out of every hole, taxation is just a mitigation effort for inflation like burning money in a pit. They found a good way to create relative deflation.
Seize all the property of the billionaires and sell it off and then delete the cash from the proceeds.
We have to eliminate the ability of anyone to get this powerful, because only people with the worst behavioral traits will actually achieve this level of wealth and they won’t be doing it through economic merit. These guys arent getting rich by building a better mousetrap. They are exploiting the system and making it less productive and less cooperative.
[ + ] yesiknow
[ - ] yesiknow 9 points 3.0 yearsJun 17, 2022 19:32:54 ago (+9/-0)*
Volcker was on the board of the Canadian Power Corporation, the castle of the globalist parasite schemers with every central Canadian politician, and Maurice Strong who was also the head of the UN. Thy were all involved in the Iraqi oil for food deal with France and Australia's government and some others taking kick backs for Iraqi oil and getting rotten food to Iraqis in return.
Maurice Strong appointed Paul Volcker to investigate the UN. Paul Volcker was also the director of the UN’s Association of the United States, and found nothing wrong at all. You'd have to dig through history to find out who it was in the US that set up another investigation and uncovered the massive global theft.
The Ukraine got 8 billion barrels of oil to sell. The money went into the Ukraine Communist Party, the Ukraine Socialist Party and the Ukraine Social Democrat party. They probably bought weapons
The son of Syria’s defence minister got some barrels to sell, and so did Brazil’s Revolutionary Movement Party, The Yugoslav Left, the Communist Party of Slovakia, The Communist party of Belarus, The Bulgarian Socialist party. A Vatican official named Reverend Benjamin got barrels to sell too.
There's a theme there. Australia was the largest source of kick backs.
The money went through BNP Paribas, one of the biggest big banks who is constantly being fined for funding terrorists by laundering their money and the money and the drug cartel money. A lot of the politicians personal investments in a bank called Pargesa that is heavily invested in BNP Paribas. Under a scam bit of legislation the executives get "deferred prosecution", which means they flip the political co conspirators money in fines and get immunity from jail.
Inflation is about communist investors and their greedy politicians waging war for communist slavery against us, the people.
[ + ] PostWallHelena
[ - ] PostWallHelena 1 point 3.0 yearsJun 17, 2022 21:20:57 ago (+1/-0)
[ + ] observation1
[ - ] observation1 3 points 3.0 yearsJun 18, 2022 00:38:02 ago (+3/-0)
[ + ] lord_nougat
[ - ] lord_nougat 1 point 3.0 yearsJun 19, 2022 12:21:14 ago (+1/-0)
[ + ] SaneGoatiSwear
[ - ] SaneGoatiSwear 8 points 3.0 yearsJun 17, 2022 16:12:08 ago (+8/-0)
[ + ] TheSimulacra
[ - ] TheSimulacra 14 points 3.0 yearsJun 17, 2022 17:55:24 ago (+14/-0)
[ + ] PostWallHelena
[ - ] PostWallHelena 0 points 3.0 yearsJun 17, 2022 21:04:28 ago (+0/-0)
[ + ] oldblo
[ - ] oldblo -6 points 3.0 yearsJun 17, 2022 18:20:04 ago (+0/-6)
The lack of self sufficiency and group solidarity plays a big part.
But yeah I know what you mean.
[ + ] pshawman
[ - ] pshawman 7 points 3.0 yearsJun 17, 2022 18:27:44 ago (+7/-0)
[ + ] oldblo
[ - ] oldblo -3 points 3.0 yearsJun 17, 2022 18:52:54 ago (+0/-3)
Down vote me.
[ + ] Love240
[ - ] Love240 1 point 3.0 yearsJun 17, 2022 18:55:42 ago (+1/-0)
[ + ] oldblo
[ - ] oldblo 0 points 3.0 yearsJun 17, 2022 19:04:42 ago (+0/-0)
But as I said before I dont mind elaborating for the right person.
All I ask is they be someone willing to civilly listen to things that contradict their beliefs, someone that is willing to think for themself about why another says what they say without defaulting to looking down on others, someone who isnt an emotional or childish fool, and someone that treats others with the respect they would want themselves.
[ + ] PostWallHelena
[ - ] PostWallHelena 2 points 3.0 yearsJun 17, 2022 21:12:36 ago (+2/-0)
[ + ] oldblo
[ - ] oldblo 0 points 3.0 yearsJun 17, 2022 21:46:48 ago (+0/-0)*
[ + ] PostWallHelena
[ - ] PostWallHelena 2 points 3.0 yearsJun 17, 2022 22:18:20 ago (+2/-0)
The dollar is information. Inflation is a corruption of that information. Why would you want bad data when you can have good data?
[ + ] PostWallHelena
[ - ] PostWallHelena 5 points 3.0 yearsJun 17, 2022 21:09:39 ago (+5/-0)
[ + ] Hadza
[ - ] Hadza 1 point 3.0 yearsJun 18, 2022 03:33:52 ago (+1/-0)*
[ + ] oldblo
[ - ] oldblo 0 points 3.0 yearsJun 18, 2022 06:10:14 ago (+1/-1)
[ + ] Rawrination
[ - ] Rawrination 1 point 3.0 yearsJun 17, 2022 18:41:55 ago (+1/-0)
[ + ] VigourousJackson
[ - ] VigourousJackson 1 point 3.0 yearsJun 17, 2022 22:52:45 ago (+1/-0)
[ + ] MaryXmas
[ - ] MaryXmas 4 points 3.0 yearsJun 17, 2022 17:12:09 ago (+4/-0)
Just imagine how much money you would spend If it gained 6% in deflation every year, just by sitting on it? Investments would need to show growth of 6%+ to keep up with deflation so bad speculations dry up and encourage actual corporate progress.
[ + ] AOUsNameIsDavid
[ - ] AOUsNameIsDavid 6 points 3.0 yearsJun 17, 2022 17:18:42 ago (+6/-0)
[ + ] MaryXmas
[ - ] MaryXmas 2 points 3.0 yearsJun 17, 2022 22:48:04 ago (+2/-0)
[ + ] observation1
[ - ] observation1 1 point 3.0 yearsJun 18, 2022 00:41:29 ago (+1/-0)
[ + ] PostWallHelena
[ - ] PostWallHelena 1 point 3.0 yearsJun 17, 2022 21:32:43 ago (+1/-0)
[ + ] NaturalSelectionistWorker
[ - ] NaturalSelectionistWorker 4 points 3.0 yearsJun 17, 2022 15:33:15 ago (+4/-0)
[ + ] PeckerwoodPerry
[ - ] PeckerwoodPerry 0 points 3.0 yearsJun 17, 2022 15:37:17 ago (+1/-1)
[ + ] pshawman
[ - ] pshawman 2 points 3.0 yearsJun 17, 2022 18:29:12 ago (+2/-0)
[ + ] Clubberlang
[ - ] Clubberlang 0 points 3.0 yearsJun 17, 2022 21:53:02 ago (+0/-0)
You need to make a plee deal with the NSA to get their apps back up and running.
[ + ] o0shad0o
[ - ] o0shad0o 0 points 3.0 yearsJun 19, 2022 10:23:42 ago (+0/-0)
[ + ] veggy
[ - ] veggy 2 points 3.0 yearsJun 17, 2022 18:25:55 ago (+2/-0)
To revalue the US dollar, those bonds need payed off and few new ones issued... fun fact: most countries have stopped buying them in the last few years, the treasury is secretly buying them (against the law BTW)
[ + ] observation1
[ - ] observation1 2 points 3.0 yearsJun 17, 2022 17:33:04 ago (+2/-0)
[ + ] xmasskull
[ - ] xmasskull 2 points 3.0 yearsJun 17, 2022 15:33:52 ago (+2/-0)
[ + ] Weredawg
[ - ] Weredawg 4 points 3.0 yearsJun 17, 2022 15:45:32 ago (+4/-0)
[ + ] lord_nougat
[ - ] lord_nougat 1 point 3.0 yearsJun 17, 2022 19:13:17 ago (+1/-0)
[ + ] oldblo
[ - ] oldblo 1 point 3.0 yearsJun 17, 2022 18:12:25 ago (+2/-1)
[ + ] Pasty
[ - ] Pasty 1 point 3.0 yearsJun 17, 2022 16:34:27 ago (+1/-0)
[ + ] _Obrez
[ - ] _Obrez 0 points 3.0 yearsJun 17, 2022 21:59:11 ago (+0/-0)
If we want deflation it can be done by destroying those imaginary dollars but we've got a make a scheme to get the money we gave away back.
One tactic is to issue government securities designed to pay out under market performance, this is part of why interest rates at the fed hadn't budged in so long.
Another way is to create "relative" deflation, get every other country to print money like it's the end of the world so their currency is devalued by as much as or more than the dollar has been recently. This will still fuck over domestic supplies and the poor though.
I'm just now realizing why china may have made all that covid scare propaganda, china is facing financial collapse right now without Trump pushing them when they released covid in 2019 trump was killing their economy with regulations to twist their arm on trade deals, as a commie country money printing is how they dig out of every hole, taxation is just a mitigation effort for inflation like burning money in a pit. They found a good way to create relative deflation.
[ + ] Belrick
[ - ] Belrick 0 points 3.0 yearsJun 17, 2022 21:32:59 ago (+0/-0)
They are called forced retirement schemes.
Money taken off dear Gentiles to stop their spending
[ + ] Doglegwarrior
[ - ] Doglegwarrior 0 points 3.0 yearsJun 17, 2022 21:13:30 ago (+0/-0)
[ + ] Special_Prosecutor
[ - ] Special_Prosecutor 0 points 3.0 yearsJun 17, 2022 15:52:05 ago (+2/-2)
It would be more effective to burn, figuratively, the Federal Reserve and/or trade in PMs and crypto instead.
[ + ] PostWallHelena
[ - ] PostWallHelena -1 points 3.0 yearsJun 17, 2022 21:40:33 ago (+0/-1)
We have to eliminate the ability of anyone to get this powerful, because only people with the worst behavioral traits will actually achieve this level of wealth and they won’t be doing it through economic merit. These guys arent getting rich by building a better mousetrap. They are exploiting the system and making it less productive and less cooperative.