He fucking ripped them apart. I love this man!!
>no homo
US Currency, like all others, is a fiat one. The scheme is:
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Setup central bank in US.
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Loan currency to host gov't.
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Tack on interest at the start that is to be repaid by income tax.
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Rinse and repeat in all other countries.
You cannot get out of this system, but the promise is a perpetual influx of currency as the economy of the host country grows. The US Federal Reserve acts as the world's front for buying/selling US debt incurred on the interest compounded by the loaning of currency itself. That's where trade comes in. As long as USA exports goods for big profits, we pay off our balance to the FED, and stay ahead of the game. This changed rapidly in the past few decades due to USA taking a posture of "Gimme the cheap goods instead of fair trade, and we won't try to kill each other".
China has been playing a game of messing with (devaluing) their Yuan in the ForEx market. While doing this, they have positioned themselves as the world's primary exporter of goods (Thanks, Reagan). The reason we allowed this was to avoid open war with China. Intertwine the economies, and there's no reason to attack each other. The fear is we all wake up tomorrow and China brings the Yuan to valuation on part with the US dollar. Suddenly, we owe them upwards of several hundred trillion, and it's open war.
What Trump is doing is turning the chess board of trade on it's side. All pieces are of the board, and we start over. US imposing tariffs causes those that have bought into US debt to either still play the game (helping us pay the 20+ trillion down again, which is a reversal of the previous many decades policies) or pull out, and lose in the end because their economies will suddenly become stagnant with inflation (stagflation).
QE1 and QE2, and all the bubbles with predatory lending and failing industry has taught us this system is entirely unsustainable if you aren't paying attention to market fluctuations, and allowing those fluctuations to drive policy (Austrian school vs Keynesian). The FED is currently fighting Trump's policies by raising interest rates to collect on the fast cash that's flowing back in due to rapid business growth that is driving new loans on money that isn't there. In other words, the banks are trying to get some sorely need bonus cash back while the getting is good. They plan on it tanking again, and they ride the lows, buying up foreclosed properties and investments while people cash in their investments/retirements to buy groceries.
The days of exporting US debt to other countries in exchange for continued business are over. Trump's policies are putting the entire thing into a pressure cooker. Whichever seam busts loose first will be the catalyst needed to tank the system in exchange for a backed currency. Currently, Trumps economic policies are diversifying our backing between SA's oil, and other commodities. He's also banking that USA will turn into an exporting powerhouse again, and that will balance things out in the long run.
It's going to happen soon. If Trump pulls this off, there's going to be all sorts of DS bellyaching, and it's going to be a wild ride.
Q !!mG7VJxZNCI No.379 📁
Nov 2 2018 13:35:57 (EST)
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Why did select senior members of the D party [6] send a letter to Don McGahn in early Oct. outlining 'Hatch Act' violations re: Q?
FOIA works in this situation.
Q
Notable Ballots truck currently blocking the entrance to the protestors
Shit, fucked it up. Multitasking again.