- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
What backs up the US Dollar was asked on twitter.
Posted on 1/17/23 at 3:46 pm
Posted on 1/17/23 at 3:46 pm
26
Posted on 1/17/23 at 3:48 pm to NCIS_76
The biggest, most advanced military in the world.
That’s pretty much it.
That’s pretty much it.
Posted on 1/17/23 at 3:48 pm to NCIS_76
The full faith and credit of the United States of American.
So basically nothing.
So basically nothing.
Posted on 1/17/23 at 3:49 pm to NCIS_76
Raping Joe’s Corvette.
Posted on 1/17/23 at 3:49 pm to NCIS_76
quote:
What backs up the US Dollar
Our military. It's why we fight wars all over the globe. Fiat currency will ruin us.
Posted on 1/17/23 at 3:51 pm to SCLibertarian
Yup. Military, nuclear weapons, and petrodollar recycling.
Posted on 1/17/23 at 3:52 pm to Purple Spoon
quote:
The biggest, most advanced military in the world.
This.
Posted on 1/17/23 at 3:55 pm to Bunk Moreland
quote:
petrodollar recycling.
You mean the cartels?
Posted on 1/17/23 at 4:24 pm to NCIS_76
A pinkie promise
Posted on 1/17/23 at 4:26 pm to NCIS_76
Just as the Saudis are saying they will look into selling oil in other currencies. We could be so fricked in the near future.
Posted on 1/17/23 at 4:31 pm to NCIS_76
It's backed by bombs and freedom boners. Also, the most heavily armed population on earth.
Posted on 1/17/23 at 4:36 pm to NCIS_76
The air stored at Fort Knox of course...
Or the M1-A2c tanks stored there.. either/or.
Or the M1-A2c tanks stored there.. either/or.
Posted on 1/17/23 at 4:37 pm to NCIS_76
The US is sitting on $32 trillion in debt and over $100 trillion in unfunded liabilities.....hmm, what backs up the USD? The US debt/deficit to GDP ratio is around 125% and is projected to hit over 135% in 2023.....not exactly the financial measure of a healthy global economic super power.
This^^^ is why China, Russia, Iran, Brazil, Saudi Arabia and other countries are trying to strategize a way unseat the USD as the world's reserve currency.
The US is vulnerable for an economic/financial arse kicking and the DC LWO Globalists and the Global Banking Cabal that exert great influence setting US economic policy are complicit in our eventual economic collapse.
This^^^ is why China, Russia, Iran, Brazil, Saudi Arabia and other countries are trying to strategize a way unseat the USD as the world's reserve currency.
The US is vulnerable for an economic/financial arse kicking and the DC LWO Globalists and the Global Banking Cabal that exert great influence setting US economic policy are complicit in our eventual economic collapse.
This post was edited on 1/17/23 at 4:52 pm
Posted on 1/17/23 at 4:39 pm to junkfunky
quote:
Just as the Saudis are saying they will look into selling oil in other currencies.
There will be a new royal family shortly after if they do.
Posted on 1/17/23 at 4:40 pm to NCIS_76
If she has to ask, she shouldn't be running for Congress.
Posted on 1/17/23 at 4:49 pm to NCIS_76
One thing I also recently heard that was very persuasive was that the entire western world and beyond have invested so much in us and they bet on us, not China. I wish I could regurgitate the convincing details, but hopefully it will suffice that we are all locked beyond a point of return together and most of the money is betting even if everything goes to shite, we will still be the ones that arise from the proverbial ashes. Not China.
God I wish I could remember which show I heard it on. If I can figure it, I'll update.
God I wish I could remember which show I heard it on. If I can figure it, I'll update.
Posted on 1/17/23 at 5:12 pm to Purple Spoon
quote:
The biggest, most advanced military in the world.
This guy gets it. We've created a mob style protection racket which is why we are pushing Russia's buttons so hard right now. We've been in a constant state of conflict since we created the Federal Reserve in 1913.
Posted on 1/17/23 at 5:16 pm to NCIS_76
When “avocado toast lover” defines you.
Posted on 1/17/23 at 5:25 pm to m2pro
quote:
God I wish I could remember which show I heard it on.
Sounds like Peter Zeihan
Page 1 of 3
Popular
Back to top
Follow TigerDroppings for LSU Football News