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re: Putin aiming to take out the Petro-dollar

Posted on 4/6/14 at 10:39 pm to
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 4/6/14 at 10:39 pm to
quote:

The dialogue about 55 billion/million ect was very manipulative and dishonest.

Wanna see someting ironically hilarious? Look what you once posted about QE3.

LINK
quote:

This 85 million dollars a month of funny money


Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 4/6/14 at 10:44 pm to
quote:

The dialogue about 55 billion/million ect was very manipulative and dishonest.
In all seriousness, how can any adult be manipulated by reading an anonymous message board? It's a message board. It's entertainment. Are you manipulated when you read your comic books?

Peek, not peak.
This post was edited on 4/6/14 at 10:47 pm
Posted by CherryGarciaMan
Sugar Magnolia
Member since Aug 2012
2497 posts
Posted on 4/6/14 at 10:46 pm to
quote:

LSURussian



Leave the guy alone, man.

Just drop it.

Go back to whatever it is that you do.
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 4/6/14 at 10:47 pm to
Posted by Sleeping Tiger
Member since Sep 2013
8488 posts
Posted on 4/6/14 at 10:55 pm to
quote:

In all seriousness, how can any adult be manipulated by reading an anonymous message board? It's a message board. It's entertainment.


You're confused. It's not how a message board can manipulate an adult, because of course that shouldn't be able to happen.

What I'm saying is your manipulative tactics change the perception of the dialogue, so when other posters stop in to read whats been said and make their own contributions they're doing so on false pretenses.

You're perfectly aware of this, it's why you do it.
This post was edited on 4/6/14 at 10:58 pm
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 4/6/14 at 11:02 pm to
quote:

What I'm saying is your manipulative tactics change the perception of the dialogue, so when other posters stop in to read whats been said and make their own contributions they're doing so on false premises.


You're way over thinking this whole message board thing, MoSleepingGrayTigerBack. You're so full of yourself to even believe what you post influences opinions.
Posted by Sleeping Tiger
Member since Sep 2013
8488 posts
Posted on 4/6/14 at 11:08 pm to
quote:


You're way over thinking this whole message board thing, MoSleepingGrayTigerBack. You're so full of yourself to even believe what you post influences opinions.


That's not at all what I'm saying.
Posted by KLSU
Baton Rouge
Member since Sep 2003
10298 posts
Posted on 4/7/14 at 10:58 am to
How can other countries "move away from the dollar" when they own as much of the debt as Americans? No way they can kill the dollar because if they do it will bankrupt them as well. If Americans are not buying their products and paying back the debt with inflated money their economies are going to crash as well. Why do you think it hasn't happened yet because everyone knows we can't pay back 17 trillion in debt..
Posted by Sleeping Tiger
Member since Sep 2013
8488 posts
Posted on 4/7/14 at 12:35 pm to
quote:

How can other countries "move away from the dollar" when they own as much of the debt as Americans? No way they can kill the dollar because if they do it will bankrupt them as well. If Americans are not buying their products and paying back the debt with inflated money their economies are going to crash as well. Why do you think it hasn't happened yet because everyone knows we can't pay back 17 trillion in debt..



Well things have happened.

Iraq switched to selling in Euro's, but we invaded and switched it back to dollars.

Libya was in the process of installing a gold backed currency that would be used to challenged the dollar in that region for oil sales. We invaded and that was kaput.

Speaking of debt, others are waking up to the extremely simple concept that western central banking has used to control those that use its currency. The dollar is created with debt attached to it, each dollar created has debt attached to it because instead of simply creating currency and regulating quantity, we've allowed our currency to essentially be loaned to us with interest.
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 4/7/14 at 6:25 pm to
quote:

we've allowed our currency to essentially be loaned to us with interest
Silliness.
Posted by Sleeping Tiger
Member since Sep 2013
8488 posts
Posted on 4/7/14 at 7:39 pm to
quote:

Silliness.



No it's not, and you know it.
Posted by GumboPot
Member since Mar 2009
118760 posts
Posted on 4/7/14 at 7:50 pm to
quote:

The dollar is created with debt attached to it, each dollar created has debt attached to it because instead of simply creating currency and regulating quantity, we've allowed our currency to essentially be loaned to us with interest.


It would be nice if you did not speak in such broad terms and maybe, could be a little more specific. Maybe you can start by breaking down the US debt by its creditors.
Posted by Sleeping Tiger
Member since Sep 2013
8488 posts
Posted on 4/7/14 at 8:18 pm to
What I said wasn't really in that broad of terms, in a way it's pretty darn simple.

We have the power to create and regulate the quantity of currency in the Treasury, when currency is created this way there is no interest attached. But the way currency is created it's done so with interest attached to it, which creates automatic debt, which means more currency needs to be created to pay the debt, which ultimately creates perpetual debt.

It's extremely simple. Certainly it can be explained in more depth, talking about the way bonds are bought by the FED, fractional reserve baking ect.

But really it's pretty simple. The Treasury can create interest free money that's independent of the banking system, but instead we involve the banking system and allow interest to be attached.

These aren't the only two presidents to be shot, but ironically both Lincoln and JFK made interest free money through the Treasury.
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 4/7/14 at 8:54 pm to
Posted by Sleeping Tiger
Member since Sep 2013
8488 posts
Posted on 4/7/14 at 9:01 pm to
There's nothing conspiratory about that, and you know it.

It's the simple truth.
Posted by GeauxLSUGeaux
1 room down from Erin Andrews
Member since May 2004
23305 posts
Posted on 4/7/14 at 9:05 pm to
quote:

Libya was in the process of installing a gold backed currency that would be used to challenged the dollar in that region for oil sales. We invaded and that was kaput.


We invaded Libya? When did this happen?
Posted by GumboPot
Member since Mar 2009
118760 posts
Posted on 4/7/14 at 9:10 pm to
quote:

We have the power to create and regulate the quantity of currency in the Treasury, when currency is created this way there is no interest attached. But the way currency is created it's done so with interest attached to it, which creates automatic debt, which means more currency needs to be created to pay the debt, which ultimately creates perpetual debt.



That"s why I asked you to beak the debt down by creditor. Some debt is interest free (minus expenses).

However most of the debt has interest attached less you won't have many buyers (lenders).
Posted by cwill
Member since Jan 2005
54752 posts
Posted on 4/7/14 at 9:25 pm to
quote:

There's nothing conspiratory about that, and you know it. It's the simple truth.


It is without doubt conspiracy crap lacking even a shred of truth. It is the machinations of you and your simple minded breathren to make sense of things and events you don't understand.
Posted by Sleeping Tiger
Member since Sep 2013
8488 posts
Posted on 4/7/14 at 10:08 pm to
quote:


That"s why I asked you to beak the debt down by creditor. Some debt is interest free (minus expenses).

However most of the debt has interest attached less you won't have many buyers (lenders).



Yeah, that's true. But you're misunderstanding what is being said.

This isn't about how all debt is created, so it wouldn't include all debt. This is about the interest that is associated with the creation of currency, interest that isn't necessary, interest that we have the power to avoid.
This post was edited on 4/7/14 at 10:12 pm
Posted by Sleeping Tiger
Member since Sep 2013
8488 posts
Posted on 4/7/14 at 10:08 pm to
quote:



It is without doubt conspiracy crap lacking even a shred of truth. It is the machinations of you and your simple minded breathren to make sense of things and events you don't understand.


What's untrue?
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