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Location:Dallas, TX
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Registered on:9/15/2015
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re: DOJ & IRS going after users of Cryptocurrency. They want their "fair share"! - wutangfinancial
[quote]I'm not so bullish that this global decentralization from America trend = peace and prosperity. In fact I think it'll be the exact opposite for most, especially Americans. War, poverty, and more instability for people and countries that aren't used to it. But it looks like it's rolling in tha...
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re: DOJ & IRS going after users of Cryptocurrency. They want their "fair share"! - wutangfinancial
[quote]we can always create artificial events to justify taxation[/quote] They did this a few years ago with tax sheltered accounts forcing liquidation after transferring the assets to your spouse at death :lol:...
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re: DOJ & IRS going after users of Cryptocurrency. They want their "fair share"! - wutangfinancial
Sucked into another crypto thread :lol: [quote]We are already watching African nations begin to walk this road.[/quote] Wouldn't this be more culturally appropriate? They have never had centralized systems of government so any alternative would be more viable. On top of that they are very trib...
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re: Fed hides weekly M1 supply, says "money doesn't matter" - wutangfinancial
Very low IQ comment :lol: Currencies are stable and never crash!...
Posted on Money Talk
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re: Fed hides weekly M1 supply, says "money doesn't matter" - wutangfinancial
And in the real world nobody has sat on cash 100% for centuries at this point. Womp, womp. Why don't you explain modern portfolio theory and how much you hate the system because it's not working like the books you read told you :rotflmao:...
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re: What peppers are everyone growing this year? - wutangfinancial
Serrano's :dude:...
Posted on Food and Drink
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re: Fed hides weekly M1 supply, says "money doesn't matter" - wutangfinancial
You freaking people :rotflmao: My second largest holding is a cryptocurrency. What exactly do I not understand? That y'all are too retarded to evaluate risk?...
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re: Schools with and without mask policies. Unexpected results - wutangfinancial
Shut up and appease my feelings, bitch...
Posted on Political Talk
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re: Fed hides weekly M1 supply, says "money doesn't matter" - wutangfinancial
Is this where you confuse me for some statist freak that loves monetary debasement, deficit spending and just doesn't get de-fi? :lol: How would working for a bank influence any of my opinions?...
Posted on Money Talk
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re: Fed hides weekly M1 supply, says "money doesn't matter" - wutangfinancial
Dollars are not meant to store value I don't know when that became an argument. Go buy BTC where it's artificially scarce. Actually better yet, go buy property and burn down every other house around you. You'll be rich!...
Posted on Money Talk
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re: Half of Americans think they are the best person they know, and majority are good people - wutangfinancial
[quote]How can there be so much hate and animosity against opposing groups in America, while simultaneously thinking the large majority of Americans are good?[/quote] Falling for the tricks of elites controlling the flow of information. Pretty simple actually....
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re: Fed hides weekly M1 supply, says "money doesn't matter" - wutangfinancial
But muh house prices and muh healthcare costs that I don't pay for and muh education vacation costs!...
Posted on Money Talk
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re: Fed hides weekly M1 supply, says "money doesn't matter" - wutangfinancial
The never ending inflation was because of population growth and a growing labor force with rapidly increasing productivity. Precisely when the monetary base should be growing in theory....
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re: How confident are the Georgia Dawgs of beating Clemson? - wutangfinancial
[quote]I think losing TL will be a big loss for them and the dirty Dawgs roll.[/quote] They upgraded at QB...
Posted on SEC Rant
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re: Fed hides weekly M1 supply, says "money doesn't matter" - wutangfinancial
Dude it's been explained ad nauseam I'm sorry that you haven't picked up on it. Extracting bonds from the market for bank reserves doesn't do anything to the real economy all other things equal. It just inflates bond prices....
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re: Black Lives Matter published an updated set of demands on their website, - wutangfinancial
[quote]Black Lives Matter published an updated set of demands[/quote] [img]https://media.giphy.com/media/QWaSVX9FizaxO/giphy.gif[/img]...
Posted on Political Talk
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re: Fed hides weekly M1 supply, says "money doesn't matter" - wutangfinancial
[quote]Now, if we go full blown helicopter money mode, and blur the lines between the Fed and the Treasury, then we sure as hell could see inflation, particularly if velocity increases at the same time.[/quote] The inflationistas on the MB don't understand this is now a political battle and it is...
Posted on Money Talk
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re: Fed hides weekly M1 supply, says "money doesn't matter" - wutangfinancial
If you're worried about the MBS market it's already in full Fed price control mode and has been for 12 years at this point....
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re: Fed hides weekly M1 supply, says "money doesn't matter" - wutangfinancial
Naw you can look it up yourself. It's the total for direct payments from the Treasury. I haven't looked at the TGA in a while I'm sure that could be a good source as well....
Posted on Money Talk
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