Silver bitchez! Let's print some more money!
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As The World's collapsing, jane is to thrive...
- Thread starter Dudesome
- Start date
I hope the USA still has world influence after all this. The world was not a great place to live before the USA came to power. Some people have estimated that of the 125 billion people to live on the earth only 5 billion have seen freedom. We as a race have forgotten that Evil has prevailed most of history, and the USA is the keystone to freedom.
I live in the state with the highest cost of living in the country. If there was a food cost increase that affected the consumer it would certainly be noticeable here. Maybe I just buy stuff that wasn't affected by the increase, because I do know that costs have gone up, but that 37% figure seemed intense because my food budget hasn't changed
Whats your economical background? The people I consult went to ivy league schools for economics, and have been in the financial market for longer then I've been alive. They are worth millions of dollars and have never been wrong. They predicted the housing collapse and lost no money. My guy specifically is in the top 1% of financial advisers in the entire USA and handles almost 3/4 of a billion dollars in peoples personal assets ranging from celebrities to CEO's to royalty.
What's your experience?
Again, if I'm wrong, I'm wrong. But most people would rather go with an experts opinion over a random stranger on the internet.
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Can I get a phone number headiez, i need to invest my $500 I have saved, lol.
You are just no seeing the point. Money? Money is dust. Backed up by nothing but the debt. It means less and less today. Food and other beautiful stuff is what you want to get with money. Food for the most part though...
My economical background?
Life. History.Nature of things. Not much, man. Don't listen to me, I am nobody.I am not presuading.
Not saying I am a financial guru. I just see some things.
http://www.guardian.co.uk/global-development/datablog/2011/jun/07/rising-cost-of-food
Read this please.
Neither am I to brag about anything. Lets not talk about PMs cause it's the whole other topic to discuss.
Lets talk about the reality. The reality is the inflation. Intentionally brainwashing media is the reality. The food price indicators are the reality. Oil price is reality.
The reality is that we are spending money we don't have. Someone will have to pay for that sooner or later.
Greece debt being 140% of gdp is reality. Eurozone experiencing bad times - reality.
US loosing its AAA status - reality.
wikileaks.org - reality.
so what is my economical and financial background? Dude, I am a homegrown 25 years old ganja farmer. Don't listen to a word I'm saying or do, it's not going to change the reality
again, even if my weed and titties barter system is in place, it's still a wide swath of ??????? between chaos, and me still being peachy keen.
that ?????? is just an assumed 'everything will work out, this sack of funky green will get you whatever you want' for you - it's not for me. something that vast could use a little more explanation and a little less taking on faith.
Horray there we go further in debt
http://www.zerohedge.com/news/boehner-deficit-plan-passes-here-what-happens-next
Atleast this buys us time. Load up I say. They delay the boom, but make it much worse. Awesome
http://www.zerohedge.com/news/boehner-deficit-plan-passes-here-what-happens-next
Atleast this buys us time. Load up I say. They delay the boom, but make it much worse. Awesome
alright, i've got a pound of weed, and leave my house to pay my bills.
how will i interact with the corporation who supplies my internet connection and allows me to discuss goofy things with goofy people?
does this corporate entity set an exchange rate for reefer to gigabytes transfer? does the extended package including the skin channels require me to supply hash?
to even get there, i'm going to have to gas up...what if sonoco is only accepting indica in trade for high octane? i can't shove sativa spears in my tank and get very far
ok, now i've got to make my way to the electric company and find out what that conglomerate demands in trade for voltage - my electric company happens to be ran by right wing fundies, tho...so i'm going to have to find somebody to trade for hops, barley, and frankincense before i make my way there
when it comes to paying my health insurance, i'm going to be admitting to my heath care provider that i not only partake in something they consider higher risk activity, i'm a provider of it.
if i limit it to the simplistic and assume that ?????? involves all of the above just disappearing and not needing paid for, when i go to trade my beautiful spears for ramen noodles and a bag of rice, how many traders have i just exposed my activities to? how many people now know i grow money trees, and will not go road warrior on my ass in this scenario?
the reason we have currency is because we tried barter - it has some pretty serious pitfalls. they don't just go away because currency has pitfalls too. it's just hard to fathom looking at barter and thinking 'hey, that's better than what we have now'. without a severe head injury, at least.
how will i interact with the corporation who supplies my internet connection and allows me to discuss goofy things with goofy people?
does this corporate entity set an exchange rate for reefer to gigabytes transfer? does the extended package including the skin channels require me to supply hash?
to even get there, i'm going to have to gas up...what if sonoco is only accepting indica in trade for high octane? i can't shove sativa spears in my tank and get very far
ok, now i've got to make my way to the electric company and find out what that conglomerate demands in trade for voltage - my electric company happens to be ran by right wing fundies, tho...so i'm going to have to find somebody to trade for hops, barley, and frankincense before i make my way there
when it comes to paying my health insurance, i'm going to be admitting to my heath care provider that i not only partake in something they consider higher risk activity, i'm a provider of it.
if i limit it to the simplistic and assume that ?????? involves all of the above just disappearing and not needing paid for, when i go to trade my beautiful spears for ramen noodles and a bag of rice, how many traders have i just exposed my activities to? how many people now know i grow money trees, and will not go road warrior on my ass in this scenario?
the reason we have currency is because we tried barter - it has some pretty serious pitfalls. they don't just go away because currency has pitfalls too. it's just hard to fathom looking at barter and thinking 'hey, that's better than what we have now'. without a severe head injury, at least.
Absolutely so. You shouldn't take things on faith. And here goes my explanation:
Adam Smith - the father of economics - once said this about the price of commodity: Every commodity's price should be measured by the amount of labour put into it(simplified).
I am not saying that Weed will get you anything. As the matter of fact, you would rather have a potato/melons/barley/wheat farm going on. Food will almost certanly get you anything. But the problem with farming food is that it's very dependent upon climate security and alot of labour has to be put in. Not as much with cannabis though. It's electric energy dependent however(if done indoors which is safer).
As I have said before, weed is a great medicine. In times of depression weed is not just used for entertainment anymore. It has a greater value as a medicine because of that. Most people become less able to afford the Medical Care.
That is another core reason why cannabis market is going to thrive.
Weed is an absolute substitute for MOST medicine there is out there. It is also much cheaper and more effective.
This is not the end of my deliberation however. It's only the beginning. I need some help with explaining this here. Anyone?
ok you are over exaggerating once again. There will be currency. It is just not going to be as trustworthy. The prices are going to skyrocket. So at some point you will be selling your weed for SOME CURRENCY. Just not as much I guess. Just to pay the bills I guess.
Look I am not an oracle. I am telling you the principle.
Right now you will be better of keeping you wealth in CHF than $. That's for sure. Atleast it's backed up by gold and swiss gdp which is also booming.
You don't have to be a financial guru to see those things. Just open your eyes that's all.
well....you might look into how adam smith stressed the importance of currency, too.
for that matter, look into mercantilism and how that royally screwed things up.
just sayin, none of this shit fits on a bumper sticker, and if it does...you're pretty much guaranteed it's full of shit.
If you think China's inflation problem is going to be short-lived, you have no real idea of what rampant inflation can do to an already over-heated economy.
As far as GE, I know exactly what it means.
GE making a move like this tells me that they must want to have their technology stolen and co-opted by the Chinese government because that's exactly what's going to happen, lol. Some GE execs are going to get very rich while they train engineers and develop products.
Once production is humming along, China will build similar production facilities, pull all their GE trained workers to work in the new spot, and kick GE out on it's ass.
Investing in China is great until they decide they don't need you anymore.
HB.
he didn't stress the fiat currency. Fiat currency had nothing but failed for over many thousands years. History proves. take rome's dinar...
Yes bad money drive good money away. That's true.
And just think about this: What value does your dollar bill represent? What power over the market does it have right now? How about tomorrow?
With that I can not argue. It may be so.
I know one thing. GE has atleast a 100 year plan. GE belongs to the same people who are behind everything nowadays. China's industrial power comes at hand for them right now. What's to happen I can not predict here.
re-read that, and change the word 'dollar bill' for 'gold'.
the idea that a commodity avoids boom/bust and other assorted bullshit we're dealing with currently is proven false by....looking at the time period where it was the norm.
it wasn't pancakes and high fives then, either. again, it's all just a game we all agree is sane even if it isn't. worth is assessed by the assessor, no matter if it's fiat currency, or fiat commodity. it has worth because we say it does, nothing more.
Like Harvard where Larry Summer preaches his Neo-Keyensian gospel.
Or from Princeton where the Bernank hails from. Those guys have really done us a great job lol. Real genius. Setting inflation targets and overdosing everyone on free money. Keynes disapproved of currency debasement. I reckon he would disapprove off these frauds.
What do your advisors say about the coming QE3?
Even Deutsche Bank's perma bull Joey LaWronga has to admit the real economy is shit. GDP Q1 revised down to 0.4%. Personal Consumption tumbled from 2.1% to 0.1% lol. Our monetary sugar high is wearing off.
Given that we are going back into a recession and monetary stimulus is the only answer anymore, where do you see the end game in this going? How is America going to get away with infinite monetization when no other country in history has? When has rigged markets ended well for the unsuspecting participants?
