@grouchox @CSB You have embarrassed yourself grouchox. Please stop.
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Sir Nedwood - Sydney 🇦🇺 (ned@noagendasocial.com)'s status on Tuesday, 23-May-2023 15:05:43 JST Sir Nedwood - Sydney 🇦🇺 -
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CSB ≡ Comic Strip Blogger (csb@noagendasocial.com)'s status on Tuesday, 23-May-2023 15:05:44 JST CSB ≡ Comic Strip Blogger @grouchox because it is out of nothing, should be devalued to zero
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grouchox (grouchox@freeradical.zone)'s status on Tuesday, 23-May-2023 15:05:44 JST grouchox @CSB like bitcoin?
Money is purely abstract. Any value we give it fine. -
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CSB ≡ Comic Strip Blogger (csb@noagendasocial.com)'s status on Tuesday, 23-May-2023 15:05:45 JST CSB ≡ Comic Strip Blogger (USA prints debt out of thin air, how long yet? It can’t go forever)
„The White House has called Republicans’ demands for spending cuts extreme“
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grouchox (grouchox@freeradical.zone)'s status on Tuesday, 23-May-2023 15:05:45 JST grouchox @CSB why can't it? It's literally our money.
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Sir Nedwood - Sydney 🇦🇺 (ned@noagendasocial.com)'s status on Tuesday, 23-May-2023 15:09:57 JST Sir Nedwood - Sydney 🇦🇺 @CSB There is always the nuclear option.
The current federal reserve is the 3rd iteration. If debt gets to the point where it becomes a problem, they can just declare the dollar null and void. Create a 4th federal reserve bank. And allow all citizens to exchange their old dollars for the new ones at 1:1. All international creditors will be fucked.
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Sir Nedwood - Sydney 🇦🇺 (ned@noagendasocial.com)'s status on Tuesday, 23-May-2023 15:35:22 JST Sir Nedwood - Sydney 🇦🇺 @CSB it's always a scam. But seriously though, the reason US can print infinite money is because other countries need USD to buy oil. With high demand you can have high supply and still maintain value. As soon as other countries stop buying oil in USD, demand to have reserves will go away, and so will the value. But for now, money printer go brrrrrr.
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