Lets go on the record, 3 ways you can be destroyed.

Discussion in 'Economics' started by Ucan'tEatBonds, Aug 1, 2014.

  1. I hate FED shills and apologists but I consider myself an objective person.

    FED is not the only problem

    There are 3 general ways a country can be destroyed.

    1. WAR will destroy the currency overnight and thus a country. US doesn't have to worry about that because US has nukes, and anyone who has nukes is in worry free zone, which is why everyone wants nukes.

    2. Private Ownership of Central Bank which eventually destroys the country via debt. The bankers simply take control of everything until broke people revolt, this takes from 25-100 years or so. This is a slow cooked method. US being such a large place takes longer to cook than say, Argentina or Greece.

    3. Even with a sovereign country, country that answers to no higher power (ex Russia) Even with a nationalized central bank, where currency printed does not automatically add to the country debt with interest. A country can still be destroyed by an out of control government that simply decides to print and spend until hyperinflation comes.


    There you go, I don't know why I bother, but there you go, 3 ways, 3 reasons countries come and go, revolutions come and go. WARS come and go.
     
  2. toolazy

    toolazy

    you worry too much.

    this sh*t is not all that important.

    just a little bunch of crooks having their day under the sun.
     
  3. achilles28

    achilles28

    ^BS. Ruining economies implodes society and turns back the clock on decades of progress. Bankers are a cancer on society.


    4) Legislating the end of the free markets, by imposing capital controls, excessive taxation, regulation, curbing freedom of speech, private property rights and perverting justice so that contracts aren't fairly enforced + heavy state owned and subsidized industry. This is the backdoor method to destruction of free markets = wealth destruction. Look at Africa and South/Central America. Filled with Tyrants and Despots that under the veil of "socialist revolution" nationalize everything and take away the right to own stuff. Nobody invests or works hard = poverty = destruction of the country.
     
  4. zdreg

    zdreg

    [​IMG]
     
  5. Maverick74

    Maverick74

    Actually wars strengthen a currency, not destroys them. Which is historically why countries HAVE gone to war for centuries.

    The Fed is NOT privately owned. It's semi-privately owned.

    I've said this before and I'll say it again, I'm all over the archives railing against the Fed. I've even had my bouts with Martinhoul over the Fed. But guys like you annoy me because you have so many facts wrong that you make the legitimate critics of the Fed look stupid. I guess what I'm saying is, I wish you were more intelligent. You are hurting the cause.
     
  6. Hey ChickenHawke, so you like war, you just prefer someone else die in it, and not you.

    You are a FED shill just like Martinghoul, I won't engage you in detailed conversation.

    Your record on ET is clear
     
  7. zdreg

    zdreg

    nq140815.jpeg
     
  8. Brighton

    Brighton



    That sounds like a really mean break-up line.
     
    burn8 likes this.
  9. Maverick74

    Maverick74

    No, dude you need to study history. I never said I was pro-war, you just make up shit as you go along because that is the primary tool of the ignorant. Not much of an erudite are you? You made two statements that are patently false, I corrected them. Time to get your prescription re-fill.
     
  10. no

    it is time you get your daily dose of Kudlow on CNBC

    does QE get you hard, every day

    I haven't watched CNBC for such a long time, for all I know Kudlow is now Ron Paul Abolish the FED guy :p
     
    #10     Aug 16, 2014