Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Investing For The Far Off Future
>
Reply to Thread
Message:
<p>[QUOTE="fatima, post: 1363554, member: 22143"]That's just it. Fiat dollars can only enter the economy by the issuance of more debt whether it be through federal government borrowing or borrowing from banks. Federal government borrowing has to be authorized by the Congress & President. They just raised, quietly, the debt limit again on Friday by another $1.2T. (a staggering number on its on) However it is private borrowing that has dried up and when this happens, it takes down the banking industry which only makes money by selling debt & risk. The Fed addresses this by dropping rates, but the floor on that is 0% so now they are up to cooking up plans to save the finance system by stealing from the people. There should be people going to jail for this, but alas, in this America, it's not happening. </p><p><br /></p><p>The only thing a sane person can do is to try and protect themselves by moving wealth out of this system while you still have some. If you take out debt with this system, then they own you and I hope you like years of painful servitude. Don't do it.[/QUOTE]</p><p><br /></p>
[QUOTE="fatima, post: 1363554, member: 22143"]That's just it. Fiat dollars can only enter the economy by the issuance of more debt whether it be through federal government borrowing or borrowing from banks. Federal government borrowing has to be authorized by the Congress & President. They just raised, quietly, the debt limit again on Friday by another $1.2T. (a staggering number on its on) However it is private borrowing that has dried up and when this happens, it takes down the banking industry which only makes money by selling debt & risk. The Fed addresses this by dropping rates, but the floor on that is 0% so now they are up to cooking up plans to save the finance system by stealing from the people. There should be people going to jail for this, but alas, in this America, it's not happening. The only thing a sane person can do is to try and protect themselves by moving wealth out of this system while you still have some. If you take out debt with this system, then they own you and I hope you like years of painful servitude. Don't do it.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Investing For The Far Off Future
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...