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Old 05-31-2020, 09:16 PM
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ralfy ralfy is offline
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Probably related to a Triffin dilemma: the country whose money is the global reserve currency will have high spending power but poor earning power. Results include continuous trade deficits, high debts, and spending across the board.
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Old 05-31-2020, 11:21 PM
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Probably related to a Triffin dilemma: the country whose money is the global reserve currency will have high spending power but poor earning power. Results include continuous trade deficits, high debts, and spending across the board.
Disinformation IS rampant.
MONEY - In usual and ordinary acceptation it means coins and paper currency used as a circulating medium of exchange, and does not embrace notes, bonds, evidences of debt, or other personal or real estate. Lane v. Railey, 280 Ky. 319, 133 S.W. 2d 74, 79, 81.
- - - Black's Law Dictionary, Sixth Ed. p. 1005
. . .
Federal Reserve NOTES ("dollar bills") are not money, being notes / debt.
There has been no money in circulation since 1933, and the start of the emergency.
. . . .
CONgress has no power to create money. It is delegated power to coin money (stamp bullion) and borrow money. If it could create money, why borrow it?

Neither CONgress nor the Fed Res "create" money (bullion). They are dealing in credit at usury. And via FICA, 320 million "human resources" underwrite those notes, thus making them legal tender.

The biggest joke is that people believe worthless IOUs (dollar bills) are dollars (coin).
When enough "human resources" walk away, the unpayable public debt will be void, thus vaporizing all federal reserve notes (which are part of that debt), making billionaires into zero-aires. The world and the USA will be most disturbed, for sure.
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Old 06-01-2020, 06:07 AM
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This virus is equivalent to an accidental release of a nuclear missile. It's a weapon of Mass Destruction that has been unleashed on the world, from China, due to the incompetence and fear of the Chinese Communist Party. Grown-ups would put up their hands, apologise and try to make things better. The CCP has, instead, tried to exploit the virus. The response of the West should be re-armament and the taxation of Chinese imports until the racist CCP is replaced by some other political system. These people are not our friends.

Frankly I am grateful that this virus has arisen now, while we still have time to put the CCP back in its box. Another ten years and it would have been too late.

And we should offer to sterilise Wuhan for them. Could all be done in an hour. Trident is a wonderful system.
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Old 06-02-2020, 12:51 PM
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This virus is equivalent to an accidental release of a nuclear missile. It's a weapon of Mass Destruction that has been unleashed on the world, from China, due to the incompetence and fear of the Chinese Communist Party. Grown-ups would put up their hands, apologise and try to make things better. The CCP has, instead, tried to exploit the virus. The response of the West should be re-armament and the taxation of Chinese imports until the racist CCP is replaced by some other political system. These people are not our friends.

Frankly I am grateful that this virus has arisen now, while we still have time to put the CCP back in its box. Another ten years and it would have been too late.

And we should offer to sterilise Wuhan for them. Could all be done in an hour. Trident is a wonderful system.
You old Chickenhawk
The U.K. solution is to offer citizenship to 3 million Hong Kongers Take back control and all that stuff.

https://www.reuters.com/article/us-h...-idUSKBN2352ZI
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Old 06-03-2020, 05:42 AM
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You old Chickenhawk
Mate, if it hadn't been for my PERSONAL intervention, the Sovs would have taken West Germany years ago. Chickenhawk indeed.
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Old 06-11-2020, 04:15 PM
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What if China finds a real vaccine first, there going to sell it to the world!
And make a profit, from the mess they made!!
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Old 06-11-2020, 04:34 PM
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OP...as I watch the USA in turmoil I can now see the USA cannot even handle its own affairs let alone take on superpower China.
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