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Post by SWMan on Mar 15, 2022 8:39:16 GMT -6
If only we had reliable news so that a guy could know if this kind of stuff is total BS or has some actual truth to it. Because if this does happen what you are seeing is the abandonment of the $us as a piece of paper of value. And given that it is printed to infinity out of thin air, it's value really isn't that high. The Petro dollar is one tool used to say that the $us has value with the idea that the $ is backed by oil. Stop trading oil in $us and it seems the oil backed dollar is no longer a valid thing. And if the bombs and bullets backed $us is also being challenged, then what. Perhaps hyper inflation as entities try and spend their $us in short order. The BRICS countries represent about half the population and therefore significant chunk of $us reserve status comes into question. Suppose the whole narrative of Russian war in Ukraine is to cover what is really going on in other corners of our world. www.zerohedge.com/markets/petrodollar-cracks-saudi-arabia-considers-accepting-yuan-chinese-oil-salesYeah hard to make sense of all this, but when the US$ fails(and it appears set to fail) there will be widespread carnage. Probably some winners but lots of losers. I'm thinking best to be as removed from the financial system as possible right now, maybe when the dust settles it will be apparent what is the best way to proceed.
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Post by kenmb on Mar 16, 2022 22:26:27 GMT -6
That's the way I see it. Things sure appear to be changing. And no doubt the present system is on its last legs so due for a change. What we don't know is if the change will be for better or for worse.
An interesting summary of the situation was an article I read last week. The gist the author was using was "you can trade in this market and profit". And then he went on to clarify what he meant. What he was saying is us peasants can't trade in this market because we are not privy to what the mechanisms of control are doing and how the responses are being created. But there are most certainly people who do know what is happening. So, yes indeed you can trade in this market, it just depends where "you" are positioned in this world. Near the center of control or some guy out on the prairies.
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Post by kenmb on Mar 29, 2022 7:18:54 GMT -6
Found this to be a pretty darn good article taken from a blogger. Covers the basics of what is possibly really going on with Russia. And since every war is a bankers war then this is likely very close to the truth here. There are a number of things I could comment on and highlight but probably just best to read it. It's a long article but also covers some things us lowly farmers also need to understand in his reference to first level and second level commodities, and where the profit lies and such. Once again, if any of this is true, the world as we understand it can look very different in possibly six months. And it would mean that we, as producers of commodities, need to deprogram ourselves of simply thinking in terms of $$$ and value of a commodity. It works while the entire world is gripped by an iron fist to use the $us, and only the $us. If that were to ever change then your thinking needs to change also. www.zerohedge.com/geopolitical/gotgoldorrubles-did-russia-just-break-back-west
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Post by SWMan on Mar 29, 2022 10:06:09 GMT -6
Very good article, liked the shout-out to the cattle farmer...ha ha
Scary thing is we may get dragged into a war because of this.
Dumb bankers and politicians!!!
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Post by kenmb on Mar 30, 2022 12:07:12 GMT -6
The wars have never been what we are told they are about. It all comes back to where our information comes from. Control the information and you control reality.
So that of course means who actually knows what Russia or Europe is doing regarding finances. If the news is fake then how do we know if it even happens. And when exactly did government buy commodities like gas or fertilizer. I thought private business does all this and so it is up to private businesses to make work arounds. Funny how the "news" likes to talk of countries doing things yet we actually don't have any reason to believe a country (government) is ever involved. Much like how countries apparently buy our grain yet every bit of my grain goes to a private company and generally one that operates globally. I wonder when exactly a government writes a cheque to a global grain company for the grain I produced. If the answer is never, how exactly does our world operate. Who creates the numbers of how much grain is bought and sold.
If India government buys our peas or EU buys Russia gas, what happens next? It is not the government who owns it all the way down to the consumer. So when does the government turn it back to the private corporations. Or perhaps our news is playing it pretty loose with how our world works. And we are lazy and don't bother to ask if it is true.
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Post by OptimallyDismal on Mar 31, 2022 8:38:14 GMT -6
It’s a slow day in some little town…….. The sun is hot….the streets are deserted. Times are tough, everybody is in debt, and everybody lives on credit.
On this particular day a rich tourist from back west is driving thru town. He stops at the motel and lays a $100 bill on the desk saying he wants to inspect the rooms upstairs in order to pick one to spend the night. As soon as the man walks upstairs, the owner grabs the bill and runs next door to pay his debt to the butcher. The butcher takes the $100 and runs down the street to retire his debt to the pig farmer. The pig farmer takes the $100 and heads off to pay his bill at the feed store.
The guy at the Farmer’s Co-op takes the $100 and runs to pay his debt to the local prostitute, who has also been facing hard times and has had to offer her services on credit. She, in a flash rushes to the motel and pays off her room bill with the motel owner. The motel proprietor now places the $100 back on the counter so the rich traveler will not suspect anything.
At that moment the traveler comes down the stairs, picks up the $100 bill, states that the rooms are not satisfactory, pockets the money & leaves.
NOW,… no one produced anything…and no one earned anything…however the whole town is out of debt and is looking to the future with much optimism.
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Post by kevlar on Mar 31, 2022 14:25:29 GMT -6
Now throw government into that scenario. They would want their cut out of each transaction to the tune of about 20%. So after the 5 transactions, the government would take the $100 bill, and then all of them would have nothing ( and like it??) Now the government would over spend that money somewhere and require more money, so then they make more out of nothing which makes everything more expensive for the original people in this story, so they charge more but still can’t pay for what they have bought.............
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midman
New Member
Posts: 8 Likes: 1
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Bitcoins
Mar 31, 2022 18:05:40 GMT -6
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Post by midman on Mar 31, 2022 18:05:40 GMT -6
It’s a slow day in some little town…….. The sun is hot….the streets are deserted. Times are tough, everybody is in debt, and everybody lives on credit. On this particular day a rich tourist from back west is driving thru town. He stops at the motel and lays a $100 bill on the desk saying he wants to inspect the rooms upstairs in order to pick one to spend the night. As soon as the man walks upstairs, the owner grabs the bill and runs next door to pay his debt to the butcher. The butcher takes the $100 and runs down the street to retire his debt to the pig farmer. The pig farmer takes the $100 and heads off to pay his bill at the feed store. The guy at the Farmer’s Co-op takes the $100 and runs to pay his debt to the local prostitute, who has also been facing hard times and has had to offer her services on credit. She, in a flash rushes to the motel and pays off her room bill with the motel owner. The motel proprietor now places the $100 back on the counter so the rich traveler will not suspect anything. At that moment the traveler comes down the stairs, picks up the $100 bill, states that the rooms are not satisfactory, pockets the money & leaves. NOW,… no one produced anything…and no one earned anything…however the whole town is out of debt and is looking to the future with much optimism.
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midman
New Member
Posts: 8 Likes: 1
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Post by midman on Mar 31, 2022 18:09:34 GMT -6
But the hotel owner never got his 100 from the hooker because the customer took it back. So the hooker is still in debt
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Post by kevlar on Mar 31, 2022 18:22:27 GMT -6
No, because he paid his bill with the hundred that wasn’t even his to begin with. They all basically paid their debts with money that didn’t belong in the cycle. If anyone along the line had just kept the money, the hotel owner would have been caught basically stealing the money but wouldn’t have anything to show for it.
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Post by northernfarmer on Mar 31, 2022 18:49:39 GMT -6
But the hotel owner never got his 100 from the hooker because the customer took it back. So the hooker is still in debt The hotel owner did receive the 100.00 from the hooker so she in fact did paid her debt, they all paid their debt but not one of them was left holding the 100.00 at the end because each one owed that money to someone else. Its a bit of a mind twister for sure.
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Post by cptusa on Mar 31, 2022 18:56:37 GMT -6
$100 for a hooker has to be pretty low class. I'd want one of those $1500/hour double D Charlie Sheen hoes.
Just saying...
We are talking hookers, right?
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Bitcoins
Mar 31, 2022 19:01:00 GMT -6
via mobile
Post by kevlar on Mar 31, 2022 19:01:00 GMT -6
High roller.......
Would it make me cheap if I asked for change back after??
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Post by kevlar on Mar 31, 2022 19:08:34 GMT -6
Come to think of it, if the $1500/hr gal charged by the minute, it would likely end up being cheaper than paying $100 flat rate. Asking for a friend.
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tommo780
Junior Member
Posts: 61 Likes: 61
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Post by tommo780 on Mar 31, 2022 20:12:20 GMT -6
It’s a slow day in some little town…….. The sun is hot….the streets are deserted. Times are tough, everybody is in debt, and everybody lives on credit. On this particular day a rich tourist from back west is driving thru town. He stops at the motel and lays a $100 bill on the desk saying he wants to inspect the rooms upstairs in order to pick one to spend the night. As soon as the man walks upstairs, the owner grabs the bill and runs next door to pay his debt to the butcher. The butcher takes the $100 and runs down the street to retire his debt to the pig farmer. The pig farmer takes the $100 and heads off to pay his bill at the feed store. The guy at the Farmer’s Co-op takes the $100 and runs to pay his debt to the local prostitute, who has also been facing hard times and has had to offer her services on credit. She, in a flash rushes to the motel and pays off her room bill with the motel owner. The motel proprietor now places the $100 back on the counter so the rich traveler will not suspect anything. At that moment the traveler comes down the stairs, picks up the $100 bill, states that the rooms are not satisfactory, pockets the money & leaves. NOW,… no one produced anything…and no one earned anything…however the whole town is out of debt and is looking to the future with much optimism. Yes, no one produced or earned anything but the fact that it was all kept within the community and the initial debts were all within the community directly to another party it all still revolves and goes round and ultimately this is how a free market economy should work. Yes the argument exits that one should only borrow if something new is going to be created but so long as funds are borrowed locally then it would still work. It only falls apart when you get banks involved and it all goes to shit because then corruption takes over and they want to take their cut in interest so everyone has to work even harder or borrow more to pay said interest. And as Kevlar mentions, throw government into the mix and it all goes south in a hurry! Although Cap, just be glad you would get your moneys worth for a $1500 one. I knew a guy once who pissed away 1500 because the idiot decided to go for a private dance at the strip joint and promptly fell asleep due to too much drink. She kept the meter running until he came round and security had to escort him to the nearest ATM so he could pay up!
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