EvC Forum: Phat's Bookshelf

nwr

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Posts: 6412

From: Geneva, Illinois

Joined: 08-08-2005

Member Rating: 4.5

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Message 8 of 174 (904127)
12-22-2022 10:20 AM

Reply to: Message 6 by Phat
12-22-2022 5:14 AM

Re: Videos, Books, and Propaganda

Much lower standard of living coming for Americans.

I watched about 1 minute. I'm not going to watch the whole thing.

Schiff (the source) essentially argues, through the content (of the video) that the private sector will have to save the financial system nationally if not globally since the governments all inflated and thus debased the currency and are thus charging the public too much to utilize their product.

Bullshit.

The private sector has been buying politicians, particularly Republicans, to enable them to rip of the American workers. Those workers are as productive as ever, but most of what they have produced has been going to the top.

No, the wealthy won't have to save America. Rather, Americans will need to take back those ill gotten gains from the wealthy thieves.

As Percy said in a recent post, you are confused and gullible. You worship the thieves who are ripping you off.

Fundamentalism - the anti-American, anti-Christian branch of American Christianity

This message is a reply to:
	Message 6 by Phat, posted 12-22-2022 5:14 AM		Phat has replied

Replies to this message:
	Message 69 by Phat, posted 12-27-2022 7:22 AM		nwr has seen this message but not replied

nwr

Member

Posts: 6412

From: Geneva, Illinois

Joined: 08-08-2005

Member Rating: 4.5

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Message 93 of 174 (904361)
12-27-2022 1:02 PM

Reply to: Message 71 by Phat
12-27-2022 7:29 AM

Re: its The Marketplace, stupid

Currency used to be based on a bedrock value.

That's an illusion. There is no such thing as a bedrock value.

Fundamentalism - the anti-American, anti-Christian branch of American Christianity

This message is a reply to:
	Message 71 by Phat, posted 12-27-2022 7:29 AM		Phat has seen this message but not replied

nwr

Member

Posts: 6412

From: Geneva, Illinois

Joined: 08-08-2005

Member Rating: 4.5

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Message 110 of 174 (904664)
01-04-2023 4:06 PM

Reply to: Message 106 by Phat
01-04-2023 2:35 PM

Re: its The Marketplace, stupid

Hard assets are more likely to have a set value that is at a bedrock level.

Do you have a measure of hardness of an asset? Is there a level that can compare when something is at bedrock level?

They are unlikely to ever become worthless, as can a fiat currency or a bitcoin.

Gold could become near worthless.

Fundamentalism - the anti-American, anti-Christian branch of American Christianity

This message is a reply to:
	Message 106 by Phat, posted 01-04-2023 2:35 PM		Phat has seen this message but not replied

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