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Thread: The Death of Paper Money

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  1. #1
    Moderator madfranks's Avatar
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    Re: The Death of Paper Money

    So really the article should be called "The death of the US Dollar," as I'm sure there will still be lots of paper money floating around if/when the US Dollar goes poof!
    "Liberty is so creative, and the government is so stupid, that I’m very optimistic about the future"
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    Dangerous Donald Neuro's Avatar
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    Re: The Death of Paper Money

    7:05PM BST 25 Jul 2010
    Where is the hyperinflation? I suppose you can talk about it in terms of USD depreciation vs bitcoins... in 2010 2 pizzas costed 10,000 BTC, now you could get 2,000 Pizzas for one BTC, but the dollar value of a pizza isn't that much higher. I guess BTC's are in a hyperdeflationary spiral.
    Cultural Marxism: -The idea that good, hard working, white people should pay for those who are not, and thus in the name of equality create the conditions for their own genetic annihilation

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    Great Value Carrots
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    Re: The Death of Paper Money

    I don't believe that any meaningful degree of deflation will be tolerated by the masses. The population is so different from times past. People are used to easy money and welfare in many forms. Hyperinflation is a very real expectation for the bubbles that have been created. It is all 'pump and dump' but when things get 'real' the pumping and dumping will all be in the same operation. There will no longer be time to inflate asset bubbles and then short. They will attempt to hold the whole thing together by printing massive amounts of money. I don't know shit and I admit it, but this is what I see playing out.

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    Iridium Jewboo's Avatar
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    Re: The Death of Paper Money

    Quote Originally Posted by woodman View Post
    ...They will attempt to hold the whole thing together by printing massive amounts of money...
    http://www.trend-chaser.com/wp-conte.../10/ctp-40.jpg

    Inflation has been rampant but nobody seems to notice anymore. Roll on the left cost fifty cents during GIM1. Roll on the right now costs ninety cents during GIM2.

    Congress didn't even pretend to notice our growing National Debt during the massive tax "reform" last week.


    They already print massive amounts of money:


    http://politicalvanguard.com/wp-cont...t-programs.jpg
    http://www.netadvisor.org/wp-content...ent-debt-1.jpg

    Obama DOUBLED our National Debt in only eight years...
    I'm the infamous Fred of GIM - Jewboo kindly turned over his account to me.

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    Iridium monty's Avatar
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    Re: The Death of Paper Money

    Quote Originally Posted by Jewboo View Post
    http://www.trend-chaser.com/wp-conte.../10/ctp-40.jpg

    Inflation has been rampant but nobody seems to notice anymore. Roll on the left cost fifty cents during GIM1. Roll on the right now costs ninety cents during GIM2.

    Congress didn't even pretend to notice our growing National Debt during the massive tax "reform" last week.


    They already print massive amounts of money:


    http://politicalvanguard.com/wp-cont...t-programs.jpg
    http://www.netadvisor.org/wp-content...ent-debt-1.jpg

    Obama DOUBLED our National Debt in only eight years...

    Yo used to get 1 dollar for an FRN. Now you need 10,000 FRNs to buy 500 dollars
    The only thing declared necessary in the Constitution & Bill of Rights is the #2A Militia of the several States.
    “A well regulated militia being necessary to the security of a freeState”
    https://ConstitutionalMilitia.org


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    Palladium
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    Re: The Death of Paper Money

    Like a snowball rolling down hill, Trump spent a trillion already...will he hit 40 trillion in 4 or 8 years.
    Boycott Israel now, avoid the rush.

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    Iridium Jewboo's Avatar
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    Re: The Death of Paper Money

    Quote Originally Posted by Neuro View Post
    Where is the hyperinflation?
    https://cdni.rt.com/files/2018.12/ar...32388b460b.jpg

    It exists and one way they hide it is shrinking the item size and the shameless junk "quality" of American brands now outsourced to China.
    I'm the infamous Fred of GIM - Jewboo kindly turned over his account to me.

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    Dangerous Donald Neuro's Avatar
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    Re: The Death of Paper Money

    Quote Originally Posted by Jewboo View Post
    https://cdni.rt.com/files/2018.12/ar...32388b460b.jpg

    It exists and one way they hide it is shrinking the item size and the shameless junk "quality" of American brands now outsourced to China.
    That is more like hiding a higher inflation, but I wouldnt exactly call it hyperinflation, but I think we are getting there soon... At least when you had papermoney you’ld had to physically print the money, and making a new design for a higher value Bill would take some time, and restrain inflation somewhat. We could see several thousand % in a day...
    Cultural Marxism: -The idea that good, hard working, white people should pay for those who are not, and thus in the name of equality create the conditions for their own genetic annihilation

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    Iridium
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    Re: The Death of Paper Money

    no hype er

    instead, a steady erosion

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