Texas deserves to freeze

bobsburger

bobsburger

I am NOT a federal agent
Lostbox said:
the worst economy in years.
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since money is not backed by gold which is a real commodity. It is backed by limitless oil. So money has no worth. The economy is a rigged game. We are pawns on the chessboard. Focus on getting things that have REAL value like animals, land water guns clothes etc. The only way to win is to not play.
 
Xaruun

Xaruun

VIP
1613955606783.gif

@bobsburger is off it today
 
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المهندس

bobsburger said:
Wallahi I am dead serious
I was once like you I loved watching NASA vids and wanted to work there. I loved space and watched so may hours of documentaries and movies. But I read some books like Zetic cosmology and kings dethroned and my perspective changed. My belief in geocentric earth was sealed by re-reading Quran and hadiths and they finally made sense, Like the sun being brought very close on judgment day, the missiles for the devils are the shooting stars, the heavens and earth are referd as two. The heavens and earth will be rolled up in the hand of Allah. I have finally woken up. If you get rid of the heliocentric model you lose evolution, atheism and other such ills to society. This is done by design so you can feel insignificant and wallow in your desires and lose connection to the lord. Galleio, Copernicus and newton who are the fathers of modern space were all freemasons. Freemasonry is a sun worshipping cult which dates back to the ancient times. So it would make sense for them to say the sun is the biggest and center as they worship it.
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What done it for me was the monetary system of the west, when i found out that the fiat currency the world uses today is worthless and isn't backed by anything.

A few rich yahudi families managed to subjugate the world wtih riba and control every countries wealth indirectly.
 
bobsburger

bobsburger

I am NOT a federal agent
Dawo said:
What done it for me was the monetary system of the west, when i found out that the fiat currency the world uses today is worthless and isn't backed by anything.

A few rich yahudi families managed to subjugate the world wtih riba and control every countries wealth indirectly.
Click to expand...
paper runs our lives sadly.
Toilet paper has more worth as it's softer on the butt.
 
Lostbox

Lostbox

「Immortal Sage」| Qabil-fluid
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Lostbox

Lostbox

「Immortal Sage」| Qabil-fluid
VIP
Dawo said:
So you like being in debt with no assets

:trumpsmirk:
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"Picture a family. A very strange family which deals only with money.

They live their lives and their economy is rather balanced. They do have some coins which circulate round and round. No one owes anyone a damn cent. There is no debt.

Mother wants daddy to love her but she can't pay him. So he can't pay the kids to do the chores and mom has to do it all by herself. Everybody is doing work as usual.

Son has some extra money from time to time. One day mom asks him to give her a loan. He accepts and there you go. The first credit is there. She gives daddy the borrowed money so he will be kind to her. With the hard earned cash dad wants to relax a bit and hires daughter to do his lawn mowing. She has some extra cash now and decides to buy back her secret diary which the brother hijacked.

The brother is the master of the universe. He injected money as a central bank to increase M1 and cash in on his criminal activity (sounds like Berlusconi). The overall level of economic activity is on a higher level than it was before, the Fisher formula increased effective M because velocity of money is increased.

Mom is in trouble. Mom is Greece because she borrowed money to work less and now she is in debt.
Dad had increased export activity for a while and decided to use his surplus to buy his leasure time. He could be Swiss.
Daughter is a prudent Brit having sex scandals but paying off when required and the blackmailer is probably oligarch in the making.

Now mom needs to increase her economic activity in the future in order to raise cash to repay the loan. We strongly believe she will do it. The most likely buyer of her future exports will be the son as he is now a rich person. He will buy some luxury item for purpose of ostentation. He will order an extra ironing from mom. Mom will put a very strong price tag on the ironing knowing that he has no use with his receivables on the open market should she default.

Now this was a model with static nominal monetary mass.

In case no one would like to be the first to lend, we could say that they decided to make a new coin and play a lottery to see who would win it. The lucky winner would have a right to draw a loan from the Banco Centrale di Famiglia. In that case we would have increased nominal value and a bit different flow. All in all, the economic activity would increase.

If the lottery winner is doing it for long time, they will become a commercial bank, drawing credit from the central bank and stimulating economic activity by lending. That particular family member would be easy to spot as they would walk around with a golden parachute."
 
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bobsburger

bobsburger

I am NOT a federal agent
Lostbox said:
At least look at the basic theories of currency
en.m.wikipedia.org

Credit theory of money - Wikipedia

en.m.wikipedia.org en.m.wikipedia.org

The Debt-Based Economy – Workable Economics

workableeconomics.com workableeconomics.com
:tacky:
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Money is useless.
It only has value because people came together and said so.
it does not help us or is not a valuable and scarce commodity.
In the olden times we used precious metals. they were pretty, durable, malleable ad rare.
In the old days we used to exchange one good for another different good of equal value. I wanted a sheep blanket so i would give 4 gallons of horse milk. Now I exchange my labour and time for a piece of paper.
 
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