Related Discussions
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WWIII has begun... and no one told you.
The BRICS countries (Russia & China) never looked to be as prominent economically as they are today, they were happy to build up one step at a time, but then NATO decided to move right up to Russia's border, Russia found that intolerable, and now the BRICS have taken on a whole new...
- 59
What did the US use for collateral when we borrowed money from other countries?
What did the US use for collateral when we borrowed money from other countries?We know that the US government has borrowed billions of dollars from China, Japan and other countries. But what did we use for collateral? I've been told that the United States is actually a...
- 41
Is MMT a Workable Economic Plan, or Just a Theory
I stole this from another thread, so the topic could be discussed without further hijacking the thread it was on. I hope that was OK.John, I am not putting forth criticisms for you to defend. I do not know enough about MMT to hold an intelligent conversation about it. I was merely pointing to...
- 9
What is the US dollar backed by- Faith, credit or Oil?
Nixon implied; take our paper dollars or don’t, since 1971. The U.S. citizens have been able to utilize Federal Reserve Notes, not backed with any gold or silver as it's abandon metals. No wonder why the Greedy Bastards create war and steals oil from the Middle East.So what else does a dollar or...
- 31
Dollar plunges again!
Hey everyone,The dollar lost about 1~2% of it's value today.http://www.kitco.com/kitco-gold-index.htmlGold shot up $17/ounce due to the weakening of the dollar, but lost a total of $1.80 from predominant selling (a net total of +$15)And silver shot up by about 10% of it's "value" (really...
- 25
Talks To Pay Illegal Imigrants $450.000 If Seperated At The Boarder
The Biden White House is in settlement talks to pay up to over a million dollars a family. Once again it would seem this kind of decision-making is very non - sensical. So, hard to keep up with all the topsy turvy decision-making that comes out of the new administration.Oct 29,...