US US Politics General - Discussion of President Biden and other politicians

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Did you know that just 30 years ago, the dollar share of global foreign currency reserves was 50%? Now it's 60%. Ten years ago it was 70%. The dollar is fucking donezo boys
I wonder how those numbers compare to a chart tracking us inflation and money supply over the years?
 
Mormons are natural preppers. And the state is pretty high up in the mountains. At least 4000 ft.
Not only that but you could roll one of thoe fuckers in pitch, light em on fire, and toss em in the grand canyon and they might still survive and throw your Legion into chaos.
 
Lolwat. Do we need to have a Starship Troopers movie night? Authority doesn't exist without capability to enforce said authority. That concept applies just as much here.
How this babble shows that the pound and dollar were established and maintained as global currencies by threat of force is a mystery. The pound became and was maintained as the kind of global currency because the industrial revolution concentrated financial opportunity in London. The dollar became and was maintained as the global currency because western Europe signed on to it to create a stable environment after the war and the alternative was the untrustworthy USSR. Where is the threat of force? Sorry but France and the UK didn't join Bretton Woods because of the threat of force. Threat of force didn't keep the dollar supreme after Nixon dropped the gold standard.

You have to look at what actually happened and not silly applications of general statements like it means something.
I wonder how those numbers compare to a chart tracking us inflation and money supply over the years?
If you wonder, go find out...

@Some Dumb Faggot have we reached the spaghetti at the wall phase so soon? Go look at a chart of China. Looks very similar to the US. Wow China must be fucked. Oh, it isn't? Hmmmm...

If mild inflation (compared to the rest of the world) over the last 18 months that has been declining for six months is a slow boil to serfdom (lol wut), good Lord what state must the rest of the world be in with their much higher inflation? That rest of the world that is going to destroy the US economic position, remember. With its weaker foundation and worse details.

Referencing what the Federal Reserve has done and explaining its influence on conditions is not defending the Federal Reserve.
The realities are all out there. If there are people who ignore them theres nothing you can do at this point. 7 more countries have pledged interest in BRICS. More countries are now shifting resources in Yuan. Obviously they can't simply dump all their US treasury bonds in a single shot, that would be world economic suicide. But we in the West will gradually see ourselves fall into Brazil or even Venezuela like living conditions.

You already see the tents forming on the sidewalks, in the parks. Even as far away as Australia.

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But I thought Brazil was important to this inevitable conclusion, now Brazil is a terrible situation. That isn't self contradictory at all. Brazil that currently has inflation almost three times what it is in the US. Forecast to remain that way (both falling, but Brazil staying at 3x the pace of the US) through the next two and a half years?

7 countries? Why not say 30? Because whether it's 7 or 30, all of those 7 or 30 except Bahrain and Saudi Arabia are economic basket cases. Never mind that, BRICS superpower 2030!

Australia homelessness? The year on year increase has been about 1,000 people since 2016. So about 8,000 more homeless in Australia today than in 2016. Man I don't know if Australia can survive such a deluge. Wanna look into the homelessness situation in Brazil? Pakistan? India? Egypt? Sure, let's bring in all the numbers and charts and see how these countries truly stack up. I really don't think you do, the current and future titans of BRICS may not come off so good...

If you wanna believe situations X Y Z are so bad for the United States and this group of countries is gonna ride roughshod because of them, when situations X Y Z have been, are, and will remain worse in those countries than they are in the United States, go ahead.

You people deal in generalities, vague, incomprehensive (willful blindness) hopium, and cajolery.
 
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It does seem related to the literal trillions of dollars that the us printed quite recently, which seems to be making the is dollar a hard sell as now other nations are being used to forcefully keep inflation from becoming hyperinflation barely.
Is the US dollar a hard sell now? Compared to what?

How many yuan has China printed over the last 15 years? Do you know? Do you know what the US government debt to GDP ratio is? About 1.5 to 1. China's? About 3.5 to 1. The US economy would have to not grow at all and run trillion dollar yearly government deficits for 2 generations to reach China. By the way, China's debt grew 3x faster than America's last year. But again, somehow none of this matters.
 
Lolwat. Do we need to have a Starship Troopers movie night? Authority doesn't exist without capability to enforce said authority. That concept applies just as much here.
How this babble shows that the pound and dollar were established and maintained as global currencies by threat of force is a mystery. The pound became and was maintained as the kind of global currency because the industrial revolution concentrated financial opportunity in London. The dollar became and was maintained as the global currency because western Europe signed on to it to create a stable environment after the war and the alternative was the untrustworthy USSR. Where is the threat of force? Sorry but France and the UK didn't join Bretton Woods because of the threat of force. Threat of force didn't keep the dollar supreme after Nixon dropped the gold standard.

You have to look at what actually happened and not silly applications of general statements like it means something.
I wonder how those numbers compare to a chart tracking us inflation and money supply over the years?
If you wonder, go find out...

@Some Dumb Faggot have we reached the spaghetti at the wall phase so soon? Go look at a chart of China. Looks very similar to the US. Wow China must be fucked. Oh, it isn't? Hmmmm...

If mild inflation (compared to the rest of the world) over the last 18 months that has been declining for six months is a slow boil to serfdom (lol wut), good Lord what state must the rest of the world be in with their much higher inflation? That rest of the world that is going to destroy the US economic position, remember. With its weaker foundation and worse details.

Referencing what the Federal Reserve has done and explaining its influence on conditions is not defending the Federal Reserve.
The realities are all out there. If there are people who ignore them theres nothing you can do at this point. 7 more countries have pledged interest in BRICS. More countries are now shifting resources in Yuan. Obviously they can't simply dump all their US treasury bonds in a single shot, that would be world economic suicide. But we in the West will gradually see ourselves fall into Brazil or even Venezuela like living conditions.

You already see the tents forming on the sidewalks, in the parks. Even as far away as Australia.

View attachment 5193400
Click to expand...
But I thought Brazil was important to this inevitable conclusion, now Brazil is a terrible situation. That isn't self contradictory at all. Brazil that currently has inflation almost three times what it is in the US. Forecast to remain that way (both falling, but Brazil staying at 3x the pace of the US) through the next two and a half years?

7 countries? Why not say 30? Because whether it's 7 or 30, all of those 7 or 30 except Bahrain and Saudi Arabia are economic basket cases. Never mind that, BRICS superpower 2030!

Australia homelessness? The year on year increase has been about 1,000 people since 2016. So about 8,000 more homeless in Australia today than in 2016. Man I don't know if Australia can survive such a deluge. Wanna look into the homelessness situation in Brazil? Pakistan? India? Egypt? Sure, let's bring in all the numbers and charts and see how these countries truly stack up. I really don't think you do, the current and future titans of BRICS may not come off so good...

If you wanna believe situations X Y Z are so bad for the United States and this group of countries is gonna ride roughshod because of them, when situations X Y Z have been, are, and will remain worse in those countries than they are in the United States, go ahead.

You people deal in generalities, vague, incomprehensive (willful blindness) hopium, and cajolery.
So I suppose that the German pipeline blew itself up? Covid was a totally real deadly virus and we absolutely needed to hide for 2 years? That it wasn't a ploy to oust a president that wouldn't play ball? That all the woke propganda and spying by the CIA is normal and not at all malicious? That all the DAs that get paid by Soros just suck at their job?

America is an empire and empires historically have had to do unsavory things to stay on top that's just a fact, you're being incredibly naive to think otherwise. Do come I come across as anti-American? Because I'm not trying to. I'm American citizen and love this country but it's fair to recognize what has to be done to maintain its hegemony. Do you think all that money spent on the military is just for show?

Look at the website your on. shouldn't that teach you not to immediately trust what the MSM tells you? The fact is the Government hates you and everyone else that opposes them and they will do anything to retain their power at any cost.

Ok the flaw in your line of thinking is that you are assuming the US and China have a comparable economy which is not the case. China is based around manufacturing rather than debt so inflation will not hit them nearly as hard because it doesn't effect it's main export.. That manufacturing base is going to be more resilient in the facr of inflation. But frankly the other economies shouldn't matter anyways because the US is going to be the one that kills the dollar through inflation.

You see what the national debt is at? Over 30 trillion in debt, that is money that has been promised to be paidback. If it seems like the US won't be able to payback that debt then bonds stop being sold. When bonds aren't sold the deficit in spending, which is at a trillion a year, has to be printed up instead. Then on top of that the people holding bonds will want to cash them in so they can at least have a chance at getting their money. That's why the banks failing is so catastrophic to the US they are the main buyers of bonds.

What's eventually going to have to happen is the Feds will have to fire up the money printer again and you're going to see inflation absolutely skyrocket. So the dollar will still be around but it will lose its buying power. Since the dollar is our main export that will hit the US hard.

Will it be the end of the US? No obviously not times will just be tough and the US economy will have to return to a manufacturing base which is a slow process.

You have everything laid infront of you being discussed by all the major financial institutions so what are you having difficulty believing?
 
That guy who got sent to prison for a meme from 2016, is still in prison lol for insulting her holiness Hillary Clinton (PBUH).
the guy actually set up the phone number he put in the meme telling people to vote by texting a number. he's in prison for voter fraud, not making fun of someone on the internet
 
the guy actually set up the phone number he put in the meme telling people to vote by texting a number. he's in prison for voter fraud, not making fun of someone on the internet

Lol if a nigger is dumb enough to think you can vote by phone then they deserve to get scammed, go back to reddit with your retarded take you dumb faggot.

It was also blatantly making fun of democrats from what I recall... so yeah.
 
Lol if a nigger is dumb enough to think you can vote by phone then they deserve to get scammed, go back to reddit with your retarded take you dumb faggot.
if he had no intent to actually try and sway people to think they had voted by texting a number why did he purchase the number in the first place? why not just make funny meme image with a made up phone number he had no connection to? just because he's on "your side" doesn't mean there wasn't criminal activity. you sound like dumb nigger families crying "he dindu nuffin" after one of their half-breed sons gets caught carrying guns and drugs
 
Lol if a nigger is dumb enough to think you can vote by phone then they deserve to get scammed, go back to reddit with your retarded take you dumb faggot.

It was also blatantly making fun of democrats from what I recall... so yeah.
What's more frustrating is that his vote is as valuable as everyone else's.
 
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The dollar became and was maintained as the global currency because western Europe signed on to it to create a stable environment after the war and the alternative was the untrustworthy USSR. Where is the threat of force?
Are you retarded or only pretending to be retarded?

At what point does that not heavily imply threat of force? At what point was the global currency not maintained by the global power? I'm not saying there isn't more to it, but fundamentally, stable environments are only stable when power dynamics are defined and understood.
 
One of the unspoken things that Trump wasn't clued into as an outsider is that the drug cartels' cash flow is an integral part of our banking system, and it would collapse if we did the common sense thing and clamped down on drug and human trafficking.

oh yeah someone who made his money the way he did definitely is completely ignorant of drug money flow, that makes sense

hotels have absolutely nothing to do with cartels, ever
 
This is a stretch but way less than "Trump hired hookers to pee on a bed in Russia" so I will allow it. I can see how you step back "comb your hair" then bump while doing so.

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Chrispy Creme Christie was on the Gay and Cuck show today, and on top of his TDS he said Chris Wray, head of the FBI, is doing a great job and he's glad he recommended him to Trump. He then tries to defend the FBI by saying they aren't corrupt, it's the DOJ who is, the FBI can only gather information.

Of course the Meatball fag hosts didn't push him on anything, not even with a simple rejoinder of "if the FBI is doing things right, why are they arresting abortion protestors at gunpoint at their homes?"
 
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