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#16 | |
Join Date: Sep 2021
Location: De Soto, MO
Posts: 1,917
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Real estate, physical gold and silver, food, vehicles, other tangibles and barterables. Failure to prepare is preparing to fail.
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2021 Lifan Xpect--sold 2022 Lifan KPX 1972 Honda CT90--The Carrot 1969 Honda CT90--The Tomahto Cheesy is the WDK (workplace drama king). Now retired. Nope, back in the saddle. Climate: The Movie https://www.youtube.com/watch?v=A24fWmNA6lM How our government really works https://www.youtube.com/watch?v=QjadCd0VRBw Question all authority.....think for yourself |
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#17 |
Join Date: Nov 2022
Location: Dallas TX
Posts: 607
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Currency is an illusion, it always has been. Just numbers in a computer.
Time to bring out this classic if you never have seen it, Episode 4. is a good explanation for what is happening at the moment.
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2022 1/2 Templar X 250 - 6 gear model - 13 Front / 40 Rear Sprockets - #42 / #120 Jets - 1mm thick nitrile O-ring needle shim (removed) - Kenda K761 Dual Sport Tires - Sedona Standard Thickness Inner Tubes - Stock OEM battery, carburetor, spark plug still going strong - https://youtu.be/dhAYEKH-jFQ |
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#18 |
Join Date: Nov 2022
Location: Dallas TX
Posts: 607
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![]() Or that the FDIC only has a few hundred billion in assets it can sell to cover more than a trillion in deposits in "FDIC insured" bank accounts... That's why you see all the foreign bank stocks going down on the news even with the President trotted out on Monday morning to assure the world all is well. Or that the closed door central bank meetings that some public footage was out on YouTube showed them openly discussing this before it happened and that at all costs the information must be released on a Friday Evening so that all the banks were closed and folks could not immediately go out and do a bank run and instead had to stew over the weekend before the President gets his message out that all is well, have faith, continue the faith in the system. ![]() Or that during the pandemic the Fed changed the Fractional Reserve Lending rate all the way down to ZERO percent and they could unlimited print and generate exponential new money in the economy. ![]() See video above to understand what Fractional Reserve Lending is and what its impact truly is on the economy.
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2022 1/2 Templar X 250 - 6 gear model - 13 Front / 40 Rear Sprockets - #42 / #120 Jets - 1mm thick nitrile O-ring needle shim (removed) - Kenda K761 Dual Sport Tires - Sedona Standard Thickness Inner Tubes - Stock OEM battery, carburetor, spark plug still going strong - https://youtu.be/dhAYEKH-jFQ Last edited by Texas Pete; 03-14-2023 at 10:00 AM. Reason: Acronym Fix |
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#19 | |
Join Date: Sep 2021
Location: De Soto, MO
Posts: 1,917
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Quote:
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2021 Lifan Xpect--sold 2022 Lifan KPX 1972 Honda CT90--The Carrot 1969 Honda CT90--The Tomahto Cheesy is the WDK (workplace drama king). Now retired. Nope, back in the saddle. Climate: The Movie https://www.youtube.com/watch?v=A24fWmNA6lM How our government really works https://www.youtube.com/watch?v=QjadCd0VRBw Question all authority.....think for yourself |
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#20 | |
Join Date: Mar 2015
Location: Central NY, Central Fl
Posts: 172
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The FDIC does not and cannot cover every deposited dollar. The big dogs will be "to big to fail", bailed out by everyone else's money. That's why the gov't is trying to ban crypto-except their own. Look at history. It doesn't lie. You don't have to be a weatherman to know which way the blows. |
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#21 | |
Join Date: Jan 2016
Location: Mooresville NC
Posts: 2,082
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What I find interesting in this case is that the FDIC is guarenteeing all deposits, even above the limit. they plan to do a special assessment on all banks to cover the deposits. As for the crash of 29, the FDIC was not in place at that time. it's one of the things the federal govt established to avoid the event in the future. |
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#22 |
Join Date: Nov 2022
Location: Dallas TX
Posts: 607
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2022 1/2 Templar X 250 - 6 gear model - 13 Front / 40 Rear Sprockets - #42 / #120 Jets - 1mm thick nitrile O-ring needle shim (removed) - Kenda K761 Dual Sport Tires - Sedona Standard Thickness Inner Tubes - Stock OEM battery, carburetor, spark plug still going strong - https://youtu.be/dhAYEKH-jFQ |
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#23 | |
Join Date: Dec 2016
Location: Argentina
Posts: 756
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At least the USD is backed by "something". Been selling and building mining rigs to some of client at the same time telling them it was a bubble... BUT they knew better... Rich one are just having a laugh like "Ohh i lost money, whatever i can make more" But those who did invest more than they should have are now crying and trying to sell their gpus... |
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#24 |
Join Date: Mar 2010
Location: Volcano, Ca
Posts: 7,112
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Just stay away from my beer!!!!!!!!!!.....and everything will be JUST FINE!
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"Light a fire for a man, and you heat him for a day. Light a man on fire, and you heat him for the rest of his life." 2007 Suzuki DRZ400S (SM convert) 2009 Q Link XP 200 1967 BSA B25 250cc Starfire 2022 Royal Enfield Interceptor 650 2023 Royal Enfield Scram 411 1948 Royal Enfield Model G 350 |
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#25 | |
Join Date: May 2019
Location: Illinois
Posts: 864
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2022 Venom KPR 200 Red- the fastest color 16t and 46t sprockets, NGK Iridium CPR8EAIX-9, aftermarket full exhaust system. Top speed 81GPS 2023 Venom SS3 KP mini 150– Nibbi carb, Nibbi air filter, aftermarket muffler, decat 2022 Venom Ghost chopper 250 1997 Honda GL1500 Goldwing 1978 Kawasaki KL250 https://youtube.com/@herbiesgarage681 |
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#26 |
Join Date: Sep 2021
Location: De Soto, MO
Posts: 1,917
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More info on the SVB bailout. Yellen broke the FDIC rules to make sure the fat cats were paid off. "The rules" do not actually apply to the rich and powerful. Just us pesky unimportant little people.
https://www.naturalnews.com/2023-03-...g-workers.html Tucker Carlson had a revealing segment on it last night. Search on YT for Tucker: This was a disaster for America.
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2021 Lifan Xpect--sold 2022 Lifan KPX 1972 Honda CT90--The Carrot 1969 Honda CT90--The Tomahto Cheesy is the WDK (workplace drama king). Now retired. Nope, back in the saddle. Climate: The Movie https://www.youtube.com/watch?v=A24fWmNA6lM How our government really works https://www.youtube.com/watch?v=QjadCd0VRBw Question all authority.....think for yourself Last edited by TominMO; 03-15-2023 at 09:00 AM. |
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#27 |
Join Date: Feb 2023
Location: Upstate SC
Posts: 320
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Carlson? After his lawyer defended him in a slander case by stating "The "'general tenor' of the show should then inform a viewer that [Carlson] is not 'stating actual facts' about the topics he discusses and is instead engaging in 'exaggeration' and 'non-literal commentary.' " I find it hard to believe people use him as any kind of reference. By the way, if you didn't know, the judge agreed that nothing about his show should be taken seriously and let him off the hook. All of which is a matter of public record.
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#28 |
Join Date: Dec 2016
Location: Argentina
Posts: 756
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