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Started By
Message
Most currencies in the world are in the red vs US Dollar
Posted on 9/28/22 at 7:53 am
Posted on 9/28/22 at 7:53 am
This shows those currencies vs the dollar.
20
Posted on 9/28/22 at 7:54 am to tiggerthetooth
So everyone’s economies suck, not just ours?
Posted on 9/28/22 at 7:55 am to tiggerthetooth
Because we are trying to combat inflation. And maybe going in a little too hard, too fast.
Posted on 9/28/22 at 7:55 am to Oilfieldbiology
quote:
So everyone’s economies suck, not just ours?
Yep
That is the only thing saving us from our currency becoming worthless
Posted on 9/28/22 at 7:55 am to tiggerthetooth
So what does this mean for my IRA
Posted on 9/28/22 at 7:56 am to biglego
It means your IRA is about to rank and then be raised by the government because they can’t stand people having large sums in savings*
Except for themselves of course.
Except for themselves of course.
Posted on 9/28/22 at 7:58 am to tiggerthetooth
Remember, we are not in a recession. It doesn’t matter that we have the 3rd quarter in a row of negative growth.
Brandon and his press secretary told me on tv that we are NOT in a recession and that is NOT what the definition of a recession is.
Brandon and his press secretary told me on tv that we are NOT in a recession and that is NOT what the definition of a recession is.
Posted on 9/28/22 at 7:58 am to tiggerthetooth
Every country is massively over leveraged with debt. It’s a huge global Ponzi scheme that is about to come crashing down. I’m not sure the slight differences in currency value matter much at this point.
Posted on 9/28/22 at 8:00 am to WaWaWeeWa
I’ve often wondered this, if everyone is in debt, who are we in debt too?
Posted on 9/28/22 at 8:01 am to WaWaWeeWa
quote:the key is that everyone's debt is forced to be in USD greenbacks
Every country is massively over leveraged with debt
this means everyone is rushing to get their hands on USD, keeping it propped up versus everything else
funny how we always seem to go to war with countries that don't accept the USD as their reserve currency..
Posted on 9/28/22 at 8:01 am to Oilfieldbiology
Ourselves
Posted on 9/28/22 at 8:02 am to tiggerthetooth
Travel now if you can
Posted on 9/28/22 at 8:02 am to tiggerthetooth
Looks like cocaine is really propping up those South American economies
Posted on 9/28/22 at 8:03 am to Oilfieldbiology
quote:
It means your IRA is about to rank and then be raised by the government because they can’t stand people having large sums in savings*
Except for themselves of course.
The government saves no money, ever. In most cases, it policy you have to spend it if it's appropriated to you.
There's going to be a metric shite ton of dumbass in this thread
Posted on 9/28/22 at 8:05 am to Oilfieldbiology
quote:
I’ve often wondered this, if everyone is in debt, who are we in debt too?
Money printer go BRRRRRR
Posted on 9/28/22 at 8:10 am to tiggerthetooth
Bout to go buy me a mountain home in Hungary
Posted on 9/28/22 at 8:14 am to Mingo Was His NameO
quote:
There's going to be a metric shite ton of dumbass in this thread
quote:
Mingo
Posted on 9/28/22 at 8:18 am to brewhan davey
quote:well cocaine will be a sought after commodity when shite really hits the fan, unlike some worthless material like gold
Looks like cocaine is really propping up those South American economies
Posted on 9/28/22 at 8:19 am to tiggerthetooth
You may now have come to the realization that fiat currencies are just a derivative of the US dollar and heavily subject to the monetary policy of the Fed.
Posted on 9/28/22 at 8:21 am to Oilfieldbiology
quote:
So everyone’s economies suck, not just ours?
This Russia/Ukraine thing is hurting Europe and other countries far more than us.
Stay strong though, friends! More sanctions!
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