The Coli: Higher Learning Podcast 01DEC2020
- Thread starter DEAD7
- Start date
Compared to the evil shyt we’ve seen the past 4 years? It was fukkery on a daily basis with this administrationI see evil everywhere don't matter what political party it is....... How can you not???
ORDER_66
I am The Wrench in all your plans....
Compared to the evil shyt we’ve seen the past 4 years? It was fukkery on a daily basis with this administration
I literally said BOTH PARTIES did I not...
let's not be obtuse, biden got the knife behind him and act polite stabbing you in the back... He's literally a polite donald trump he's said and done evil shyt towards black people in his political career I'm not absolving him from that...
you will learn!!!
That's a good question. It's rule by (western + chums) consensus so as long as creditors believe we can and if the entry points to the economy are not sufficiently inflationary, belief can suspend reality. For a time at least, within limits.
You have MMT and the FED/Treasury's balance sheet doesn't have to remain solvent.
In short, the rules are made up as they go along. 2008 showed that they will do whatever they have to to support the system and that includes re-writing the rules.
As long as the leading nations continue to agree with each other and work in concert, and given that there is no haven of greater safety for the money to flow to, it remains as open question as to whether it is sustainable.
If it were non-leading nations doing this the money would have fled westward, out of their accounts, or rates would have exploded a long time ago.
USD is still the safest haven ... or is that BTC now
This is the real issue. Financial systems are built on rules and regulations, which are in place to protect the integrity of the economy and to limit exploitation. Once society has the regulators and the regulatees coming together to create policy, you're done.
Hence, we're done... eventually.
each congress is just gonna kick the can down the road until the debt implodes on some generation's grandchildrenit is what it is
i dont pretend to know how money works, i just know we cant keep doing what we're doing forever
but i dont give a fukk about having a bloodline, so as long as i can selfishly enjoy the next 20-30 years with this monopoly money
