View Full Version : 35% of all US dollars in existence have been printed in 10 months
Cleverness
12-18-2020, 11:33 PM
https://pbs.twimg.com/media/EpU2BtBUwAAlK2v.jpg
https://fred.stlouisfed.org/series/M1
Saw this on reddit: 35% of all US dollars in existence have been printed in the last 10 months
Trump declares a National Emergency for a virus that hospitalizes at a rate less than flu -> spend a trillion dollars/month and nobody on either side says jack shit (https://pbs.twimg.com/media/EpkgKk9U8AEsnzK?format=jpg&name=small)
@Nanners, Shogon, diamenz, and anyone else who can see through the all bullshit:
https://the-quash.captivate.fm/episode/there-never-was-a-natl-emergency- (listen in 1.5x speed imo)
BigKobeFan
12-18-2020, 11:36 PM
https://pbs.twimg.com/media/EpU2BtBUwAAlK2v.jpg
https://fred.stlouisfed.org/series/M1
Saw this on reddit: 35% of all US dollars in existence have been printed in the last 10 months
Trump declares a National Emergency for a virus that hospitalizes at a rate less than flu -> spend a trillion dollars/month and nobody on either side says jack shit (https://pbs.twimg.com/media/EpkgKk9U8AEsnzK?format=jpg&name=small)
@Nanners, Shogon, diamenz, and anyone else who can see through the all bullshit:
https://the-quash.captivate.fm/episode/there-never-was-a-natl-emergency-
Its a way to inflate the economy. To prevent the reset
SATAN
12-19-2020, 12:42 AM
Clever"grannykiller"ness
diamenz
12-19-2020, 03:02 AM
https://the-quash.captivate.fm/episode/there-never-was-a-natl-emergency- (listen in 1.5x speed imo)
:cheers:
thanks for the listen.
AKA_AAP
12-19-2020, 03:26 AM
35% is the number that actually scares me, not 99.98%. Also, the 99.98% is actually lower than the real percentage.
tpols
12-19-2020, 03:49 AM
Yea that's scary. Eventually this shit is going to all crash. Morons worried about this fake bullshit virus, and don't even think what would happen if the economy truly collapsed.
~primetime~
12-19-2020, 12:21 PM
man I've only been talking about this since the start...throughout the entire covid thread...for months and months
GET YOUR MONEY IN THE STOCK MARKET...because that is where all this new cash will trickle to.
you guys spend day after day ranting about how the virus is fake...absolute waste of time. Covidness, even if you convinced everyone in here that you're right what would you win?...NOTHING. It's pointless.
what's NOT pointless is figuring out how YOU can profit in this situation.
~primetime~
12-19-2020, 12:24 PM
They're about to okay another $Trilllion too...
it's completely unneeded at this point...the unemployment rate is down to 6.7% which is bad but it isn't THAT bad...Americans are working
The unemployment rate was worse than it is now for about 4 years straight from 2009-2013 and during that time we got one stimulus that was a fraction of what is currently being throw about
~primetime~
12-19-2020, 12:28 PM
some points here though...
US total assets is like $300 Trillion...so while that 35% sounds high, it isn't going to inflate us 35%...although we definitely have some high inflation years coming.
also...every other currency on the planet is doing the same thing...so we probably won't be losing ground to other countries...the world will inflate together.
Charlie Sheen
12-19-2020, 02:44 PM
They're about to okay another $Trilllion too...
it's completely unneeded at this point...the unemployment rate is down to 6.7% which is bad but it isn't THAT bad...Americans are working
The unemployment rate was worse than it is now for about 4 years straight from 2009-2013 and during that time we got one stimulus that was a fraction of what is currently being throw about
It's not needed for a lot of people like myself who have stayed working through the entire thing. I'm fortunate. People who were living paycheck to paycheck before the loss of jobs absolutely need this money.
bladefd
12-19-2020, 03:27 PM
They're about to okay another $Trilllion too...
it's completely unneeded at this point...the unemployment rate is down to 6.7% which is bad but it isn't THAT bad...Americans are working
The unemployment rate was worse than it is now for about 4 years straight from 2009-2013 and during that time we got one stimulus that was a fraction of what is currently being throw about
Apparently the Feds just okayed the banks to restart stock buybacks. Honestly, this is a terrible time to begin stock buybacks.. It will drive up the bank stocks to drive them up even more while the economy is in shambles
welfarefan
12-19-2020, 06:19 PM
100% of OP's day is spent typing about covid
Nanners
12-20-2020, 01:00 AM
Its a way to inflate the economy. To prevent the reset
inflation will bring on the reset faster
Shogon
12-20-2020, 03:50 PM
https://www.youtube.com/watch?v=GI7sBsBHdCk
Not interested in discussing BTC on this forum any longer. Been mocked for years. Maybe again in the future. But for now, I shall wait... whenever the 100k mark hits the proof will be in the pudding even if it pulls back to 20 or 30k or whatever(though I don't think institutions will be so easily shaken as retail investors and so that drastic of a decline is improbable albeit plausible). It will be undeniable. If only I saved all the dumb**** smartass comments over the years...
https://i.postimg.cc/6qShYjCB/sm.jpg
Oh well.
Also... you guys might find it curious that roughly in September of 2019, the repo market had a MAJOR ****ing hiccup. And then just a few months later, poof, into existence comes COVID. It's interesting to say the least.
Timing, timing, timing.
FourthTenor
12-20-2020, 04:02 PM
man I've only been talking about this since the start...throughout the entire covid thread...for months and months
GET YOUR MONEY IN THE STOCK MARKET...because that is where all this new cash will trickle to.
you guys spend day after day ranting about how the virus is fake...absolute waste of time. Covidness, even if you convinced everyone in here that you're right what would you win?...NOTHING. It's pointless.
what's NOT pointless is figuring out how YOU can profit in this situation.
So the last four years you were OMBing because you claimed Trump makes the rich get richer thru common sense things like tax cuts and reducing red tape for business. You were literally having angry libtard meltdowns about this regularly.
Now manipulative bureaucrats are ruining lives with a fake pandemic and youre celebrating the opportunity for the rich to get richer. Youre cheering it as a GOOD thing now? Because it’s coming from Democrats and not Republicans?
Thats what makes it different?
:lol
That’s our primetime!
Kblaze8855
12-21-2020, 06:55 AM
Not interested in discussing BTC on this forum any longer. Been mocked for years. Maybe again in the future. But for now, I shall wait... whenever the 100k mark hits the proof will be in the pudding even if it pulls back to 20 or 30k or whatever(though I don't think institutions will be so easily shaken as retail investors and so that drastic of a decline is improbable albeit plausible). It will be undeniable. If only I saved all the dumb**** smartass comments over the years...
I never went all in myself but ive made solid profit for years just putting bonus money in when it would drop and cashing out again as it rose.
I tried to talk this woman I work with into doing it when she got a big inheritance when it was around 6-7K. I told her I dont know how far up it will go but it will at least get back to the usual 12-13. Her ass could have pocketed a million by now only risking half when I told her to just put what she could in and set it to automatically sell if it dropped anywhere near where she bought in.
I cant say I watch it every second of the day but from what ive seen it drops gradually not all at once. She could buy in at 6 and set it to sell if it ever got below like 5800 and barely risk anything. Hard to get people to see the big picture though.
I texted her on black friday to tell her it was at 19K and ask how much she kept. She sold her little bit for a few hundred dollars of profit loooooooong ago. She cant get her head around how it not being "real" doesnt matter. And its not like im some expert. Just watch it rise and fall a dozen times and assume it will never stay at the lows.
Im hoping it dips back down one more time. Im mad at myself for pulling so much out after I doubled up the first time.
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