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George Soros calls for death of the USA dollar... Shane Warren sees this in vision?!

Discussion in 'Economics & Trade' started by DennisTate, Apr 2, 2014.

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  1. wgabrie

    wgabrie Well-Known Member Donor

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    Minimum wage prevents the wage scale from slipping, and income inequality reverses.

    Meanwhile people will get more wealth, as a dollar is worth more than it used to.
     
    wgabrie, Aug 7, 2017
    #76
  2. james M

    james M Banned

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    why not take econ 101?? with prices going down there is not reason to buy today so you have a recession or depression. This is considered bad.
     
    james M, Aug 7, 2017
    #77
  3. james M

    james M Banned

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    there is no free lunch!!! prices go down and so do wages and you cause a depression. When GDP goes up 3% we celebrate. Any significant deflation and you'd have 10 20 or 30% loss of GDP and instant contagion and depression.

    Why is Deflation Bad for the Economy? | Investopedia
    www.investopedia.com/articles/.../why-deflation-bad-economy.asp
    ‎
    May 12, 2017 ... A little bit of inflation is good for economic growth – around 2-3% a year. But, when prices begin to fall after an economic downturn, deflation may set in causing an even deeper and more severe crisis. ... All in all, in a deflationary period, is dangerous for acountry's economy.
     
    james M, Aug 7, 2017
    #78
  4. wgabrie

    wgabrie Well-Known Member Donor

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    If there can be stagflation, where there's prices going up with no wage growth, there can be a type of deflation without wage shrinkage.
     
    wgabrie, Aug 7, 2017
    #79
  5. james M

    james M Banned

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    obviously if wages were deflating they would lower the minimum wage too!!
     
    james M, Aug 7, 2017
    #80
  6. james M

    james M Banned

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    what employer would be stupid enough to raise wages as prices for his products were going down?? It would be a formula for instant bankruptcy
     
    james M, Aug 7, 2017
    #81
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  7. wgabrie

    wgabrie Well-Known Member Donor

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    That's why we can't have a $15 minimum wage, but there's another way to get back to a place where people can actually afford to live again. Deflation.

    The stronger the currency becomes the more people can do with less. People become proportionally richer even as the number of dollars for everything goes down.
     
    wgabrie, Aug 7, 2017
    #82
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  8. james M

    james M Banned

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    you have already learned that there is no free lunch!! wages are a price just like any other and all prices fall simultaneously making a net gain 100% impossible. People get richer by getting better skills not by looking for a free lunch for a libsocialist govt.


    Why deflation is bad - The Economist
    https://www.economist.com/blogs/economist.../economist-explains-4
    ‎
    Jan 7, 2015 ... The Economist explainsWhy deflation is bad. Why do ... But the argument hints at the right problem: deflation's effect on interest rates. ... CharlemagneGermany'selection campaign ignores the country's deeper challenges.
     
    Last edited: Aug 7, 2017
    james M, Aug 7, 2017
    #83
  9. wgabrie

    wgabrie Well-Known Member Donor

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    People get rich by becoming bankers and convincing you that inflation is what we want and deflation is bad.
     
    wgabrie, Aug 7, 2017
    #84
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  10. wgabrie

    wgabrie Well-Known Member Donor

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    I want to share this funny little video because I think it applies to the topic.

    dur:29:54


    Also you should take special note of what money is, looking at this point in the video: 8:49-12:30

    This is exactly what I'm saying about a gold backed currency being a scam because there isn't actually gold in the vaults.
     
    wgabrie, Aug 7, 2017
    #85
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  11. james M

    james M Banned

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    Gates, Brin, Musk, Bezos, Jobs, Bloomberg, Zukerburg, Ellison, Walton, Page, Koch, Mars are the richest and none are bankers. Whoops? Do you understand?
     
    james M, Aug 9, 2017
    #86
  12. DennisTate

    DennisTate Well-Known Member Past Donor

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    Interesting!

    You have certainly got my attention Wgabrie!

    Could this fit with:

    http://www.politicalforum.com/index.php?threads/jamie-baillie-nova-scotia-israel-and-jordan.506627/
     
    DennisTate, Aug 22, 2017
    #87
  13. DennisTate

    DennisTate Well-Known Member Past Donor

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    Wgabrie.... I hope you don't mind but I even shared your video over to this discussion.

    http://www.politicalforum.com/index...cy-at-the-heart-of-the-pro-life-issue.512860/

    Is flawed central banking policy at the heart of the pro-life issue?
     
    DennisTate, Aug 22, 2017
    #88
  14. wgabrie

    wgabrie Well-Known Member Donor

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    Well Dennis, the idea of deflation is all I have. I haven't worked out the particulars to address all of the details that critics have brought up. But I'm still pro-deflation for now. It's the closest thing I have come across that fits with my ideas, I have no idea if there are other economic terms that are more appropriate.
     
    Last edited: Aug 22, 2017
    wgabrie, Aug 22, 2017
    #89
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  15. wgabrie

    wgabrie Well-Known Member Donor

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    wgabrie, Aug 22, 2017
    #90
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  16. Hoosier8

    Hoosier8 Well-Known Member Past Donor

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    I can predict the end of the US dollar as the reserve currency which would make me famous, but anyone can reading history. It will happen eventually as the government becomes more and more insolvent.
     
    Hoosier8, Aug 22, 2017
    #91
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  17. DennisTate

    DennisTate Well-Known Member Past Donor

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    I have a number of theories on how the end of the US Dollar as the #1 reserve currency can be delayed until after the year 2024...... and I have some theories on how it could be delayed for another four to eight years after that even.

    I have summarized a couple of the most promising possible methods that I can think of here:


    http://www.politicalforum.com/index.php?threads/jamie-baillie-nova-scotia-israel-and-jordan.506627/
     
    DennisTate, Aug 24, 2017
    #92
  18. DennisTate

    DennisTate Well-Known Member Past Donor

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    Multiverse Theory indicates that this can work out totally differently if officials make wiser decisions.......

    https://z3news.com/w/hurricanes-earthquakes-economic-collapse-dollar-devalued-50/


     
    DennisTate, Sep 9, 2017
    #93
  19. DennisTate

    DennisTate Well-Known Member Past Donor

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    Jim Rickards sure seems to be expecting for gold to surge in value.
     
    DennisTate, May 31, 2019
    #94
  20. DennisTate

    DennisTate Well-Known Member Past Donor

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    Silver is useful in laser technology and therefore could surge even more than gold might.
     
    DennisTate, May 31, 2019
    #95
  21. DennisTate

    DennisTate Well-Known Member Past Donor

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    George Soros: The United States Must Stop Resisting The Orderly Decline Of The Dollar, The Coming Global Currency And The New World Order
    January 3, 2011 by Michael Snyder


    and.....

    FORGET IRAN, IRAQ, UKRAINE
    THIS IS WHERE WWIII STARTS...
     
    DennisTate, May 31, 2019
    #96
  22. james M

    james M Banned

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    so??? lots always expect it to surge and fall all the time
     
    james M, May 31, 2019
    #97
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  23. LafayetteBis

    LafayetteBis Well-Known Member Past Donor

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    Really, who cares about what happened thousands of years ago? Is it all that important?

    The earth has thousands of languages. That doesn't stop wars and the collective murder of human beings that take lives day-in and day-out.

    Some people think Africa is beyond repair because of the practiced hegemony of some men with guns who have taken control of government. That fault belongs to the European government that once "owned" that country and never really educated its people in the rudiments of a functional democracy.

    The Europeans left, and the locals with guns took control. (So, what else is new?)

    I'm far more concerned about the wanton killing of fellow Americans by other Americas who are sick in the head and think they must demonstrate their mental-illness on the general public by killing some of them. Having a safe lifestyle is far more important that any scripture detailing the Rights of Mankind.

    The right to a personally Safe Lifestyle is far more important than either the Constitution or its amendments. Meaning what? BAN AUTOMATIC WEAPONS! Period!

    See here: How gun laws in a dozen countries compare with New Zealand's new ban on semiautomatic weapons - excerpt:
     
    LafayetteBis, Jun 1, 2019
    #98
  24. LafayetteBis

    LafayetteBis Well-Known Member Past Donor

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    WORLD ORDER

    You evidently think the world is too dumb to avoid WW3.

    And who is going to start it? Who will justify starting it?

    For the first time in history mankind has shown that - by means of global trade - more people can benefit from it. It lifts economic-returns amazingly well. China is just the most recent example. (China does not have enough farmland to feed its people. So, it went to parts of Africa that do, and the produce is being shipped back to China. China wins and the African country wins with jobs.)

    WW3 will start when some nation or group of nations is, first, capable of doing it on a large scale and, second, willing to do so for whatever the reason (pecuniary or religious).

    And, to my mind, we should worry far, far more about that second reason than the first.

    Which is why World Order - even in the anemic version that happens at the UN - is far more important that spending billions of dollars in the DoD to guaranty "the Defense of America". There is NO REAL MENACE FROM ABROAD! (Not even in Venezuela!)

    The Great Omission/Failure of the UN is that no country need adhere to a set of rules that guarantee "freedom and democracy". Meaning clearly the ability of a nation's people to vote their own leadership on a regularly changing basis such that no one-individual nor group of individuals can control the Central Power ...
     
    Last edited: Jun 1, 2019
    LafayetteBis, Jun 1, 2019
    #99
  25. james M

    james M Banned

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    We have the right to bear arms in order to protect ourselves from liberal govt which has killed 1 million times more people than a few crazies. Further, if liberals don't like to see innocents get killed why did liberals kill love, family, and religion leaving so many psychologically adrift and predisposed toward senseless murder??
     
    james M, Jun 1, 2019
    #100
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