If You Get A Stimulus Check?

Discussion in 'Coin Chat' started by fretboard, Dec 21, 2020.

  1. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    You're dead wrong! Where do you think the Harry Chapin Food Bank gets their food which includes bread, meat, cheese, milk, perishable fruit and vegetables, etc.? Sure, some things are thrown away because it's a violation of the health codes, but if it can be delivered to needy families or elderly people on fixed income, it is!
     
    -jeffB likes this.
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  3. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    You may find it boring, but you wouldn't think it was funny if your gross income was less than $10K a year.
     
    Jeffjay likes this.
  4. NOS

    NOS Former Coin Hoarder

    No, I'm not dead wrong. I said "most" as in "most" grocery stores but not all of them. You're referring to a specific food bank out of Florida. Good for them and the grocery store(s) that participate but I'm referring to Western nations on average as a whole. The amount of food and good beverages thrown out that is wasted is staggering.

    And where do you think I got this information from? Homeless and needy people I've talked to have told me about their finds from grocery store dumpsters; earlier this year at a Family Dollar in Utah an employee was sorting out perfectly good bottles of orange juice to throw out.

    I picked out a couple of bottles and brought them to the front. The cashier said the ones I chose are out of date. I said I didn't care and bought them, anyway. They were just fine. I inquired about the others and the cashier revealed the rest were heading for the dumpster out back.
     
    Last edited: Dec 22, 2020
    coinaline likes this.
  5. CoinCorgi

    CoinCorgi Tell your dog I said hi!

    I think Kentucky was being sarcastic.
     
    Kentucky likes this.
  6. Kentucky

    Kentucky Supporter! Supporter

    Note the smiley, I was being sarcastic. Sorry for any offence!
     
  7. SensibleSal66

    SensibleSal66 U.S Casual Collector / Error Collector

    Well, I was going to buy myself a small purchase for quitting smoking ( 21 days now) but when I heard it was gonna be only $600 compared to the $1200 they said originally , I told myself bills are more important .:(
     
    fretboard and MaryK like this.
  8. coinaline

    coinaline Active Member

    Question to the naysayers.

    What if the coin that would be hypothetically bought is being sold by a retiree who is selling his collection to make ends meet? What if he lost his part time job and social security isn't enough? You can't possibly deem one purchase "bad" and another "good", so please try not to be judge, jury, and executioner.

    Sometimes in thinking we know better where other people's money should be spent, we miss the fact that all the "frivolous purchase" businesses and their hardworking employees also need to make ends meet and deserve to have our business as well.

    Consumption as stimulus works no matter where the money is spent, even on the black market as the money that purchases illicit items finds its way right back at the local store.

    I understand people are hurting, and I count myself very lucky. However, the source of many of our problems has not missed a single paycheck or luxury while letting us eat cake (or bugs if the WEF gets their utopia).
     
  9. Robert Ransom

    Robert Ransom Well-Known Member

    Actually my stimulus money will be direct deposited, but it is already earmarked toward medical bills. Ouch! In more ways than one.
     
  10. dwhiz

    dwhiz Collector Supporter

    If I get it then I'll decide what to do with it
     
  11. SensibleSal66

    SensibleSal66 U.S Casual Collector / Error Collector

    @dwhiz Hey , you must Not be married . LOL . Since I'm not the "bread winner " and don't pay the bills , I left up to my dear beautiful Wife . Hopefully she see's this . :angelic:
     
    dwhiz likes this.
  12. John Burgess

    John Burgess Well-Known Member

    took 6 months for them to come up with $600...... whatever, no idea how any of you CAN'T take it as an insult really.... The people that needed the help needed it a while ago, and $600 is the equivalent of "let them eat cake!". Clearly wealthy people making the decisions here that think $600 is what poor people think is a lot of money or something.

    People lost their jobs, people took significant pay cuts to avoid losing their jobs, businesses folding, $100 a month is their answer for the last 6 months of nothing while mandating rules to destroy people lives....

    "Let them eat cake!" I suppose as they rub their hands together and lick their lips thinking about all the foreclosures that are coming to market in the beginning of next year...... sickening.

    I'm spending it on debt most likely, it's enough to buy a firearm also, maybe take up hunting and shoot some cats and dogs for something to eat. LOL. 'MURICA!
     
    Last edited: Dec 22, 2020
  13. CoinCorgi

    CoinCorgi Tell your dog I said hi!

    Hey!!!
     
  14. Vess1

    Vess1 CT SP VIP

    Well breaking news! You guys won't have to worry about it any time soon as Trump just came out and said he's not signing it. Demanding they cut the foreign aid and give out $2k stimulus per person. LOL!
     
  15. Vess1

    Vess1 CT SP VIP

    Yep, Trump took it as an insult. Sad thing is, without getting too political, had Congress just made them $1200 like everybody wanted it he probably would have just signed it. Oh well, back to the drawing board. Try again.
     
  16. atcarroll

    atcarroll Well-Known Member

    I'm going to put it towards something in 5.56
     
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  17. Collecting Nut

    Collecting Nut Borderline Hoarder

    I don't decide anything until that check clears the bank.
     
    SensibleSal66 likes this.
  18. Gam3rBlake

    Gam3rBlake Well-Known Member

    Looks like Trump plans on vetoing the $600 stimulus check and is demanding Americans be paid $2,000 instead by cutting how much goes to foreign countries all over the world.

    The bill had $1,500,000,000 going to Egypt..

    & another $700,000,000 going to Sudan!

    To put that into perspective that’s 10% of NASA’s annual budget!

    If we get the $2,000 stimulus check that’s just the right amount for another 1oz American Gold Eagle.
     
  19. SensibleSal66

    SensibleSal66 U.S Casual Collector / Error Collector

    I hope it passes . Doubt it though unless I see it in my Bank account . Always a pleasure @Gam3rBlake . Merry Xmas !
     
    Gam3rBlake likes this.
  20. baseball21

    baseball21 Well-Known Member

    Some form of the 2k will, the question is just whether or not any of the billions and billions of foreign aid will be cut to do so or if they will just try to increase the size of the bill instead
     
  21. Gam3rBlake

    Gam3rBlake Well-Known Member

    Frankly I’m terrified of what unleashing such a huge amount of money all at once will do.

    The more dollars in circulation the less the value of each dollar is worth. That’s just a basic economic principle.

    After World War 1 the German Weimar Republic owed huge war reparations so what did they do? They printed more of course!

    Originally it was 4.2 German marks to $1 US Dollar. By the first half of 1921 it was 90 German marks per dollar.

    They kept printing. Then they bought as much foreign currency as they could with their marks rapidly decreasing in value.

    A year later it was 320 German marks per $1 US Dollar.

    Finally the Allies stopped accepting German marks and demanded reparations be paid in goods such as gold, silver, steel, tractors, chemicals, oil, etc.,

    Then the hyperinflation really kicked in and at it’s worse it was 1 trillion German marks per $1 USD.

    People were taking wheelbarrows full of money to buy a loaf of bread and workers demanded to be paid before work because they knew by the time they got off work their pay would’ve been worthless due to such rapid devaluation.

    Long story short:
    More money in circulation = less valuable money.

    So yeah, pumping $900 billion into the economy all at once like that is scary.

    This is a 50 TRILLION German mark note.

    89F1AEE2-91FC-4DE0-8947-2EC5D1836813.jpeg

     
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