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Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)
Posted: Wed Oct 06, 2021 4:33 am
by Hastur
Zlaxer wrote: Wed Oct 06, 2021 4:09 am
C-Mag wrote: Tue Oct 05, 2021 9:18 pm
It's real
Fed readying One Trillion Dollar coins for an Emergency. Biden preparing to take the purse strings away from Congress.
Inflation is Transitory
Link please? and at this point we would need quite a few.
Background:
https://www.forbes.com/sites/jonathanpo ... a049d865eb
Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)
Posted: Wed Oct 06, 2021 6:13 am
by Zlaxer
Hastur wrote: Wed Oct 06, 2021 4:33 am
Zlaxer wrote: Wed Oct 06, 2021 4:09 am
C-Mag wrote: Tue Oct 05, 2021 9:18 pm
It's real
Fed readying One Trillion Dollar coins for an Emergency. Biden preparing to take the purse strings away from Congress.
Inflation is Transitory
Link please? and at this point we would need quite a few.
Background:
https://www.forbes.com/sites/jonathanpo ... a049d865eb
Minting the coin, Yellen said, would be equivalent to asking the Federal Reserve to print money to cover deficits that Congress is unwilling to cover by issuing debt—thereby compromising the independence of the Fed, which is charged with overseeing monetary policy.
I don't see the difference she purports to...that debt will never be paid in real terms...
All smoke and mirrors until FedCoin is ready...
Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)
Posted: Wed Oct 06, 2021 6:51 am
by Martin Hash
I find it entertaining to watch all the nonsense as it spins faster & faster towards self-destruction. It's time for a flood and I don't see an Ark unless you're part of the .01%?
Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)
Posted: Wed Oct 06, 2021 7:03 am
by Fife
I thought you liked imaginary money.
hey DB: IT'S LEGALLLLLLLLLLLLLLLLLLLLL
Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)
Posted: Wed Oct 06, 2021 7:09 am
by Martin Hash
Fife wrote: Wed Oct 06, 2021 7:03 am
I thought you liked imaginary money.
Don't you find it entertaining too?
Peaceful redistribution can happen in 3 ways:
1) Taxation
2) Giving away newly printed money
3) Inflation
And then there's the hard way...
Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)
Posted: Wed Oct 06, 2021 7:15 am
by Zlaxer
Fife wrote: Wed Oct 06, 2021 7:03 am
hey DB: IT'S LEGALLLLLLLLLLLLLLLLLLLLL

Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)
Posted: Wed Oct 06, 2021 8:30 am
by DBTrek
Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)
Posted: Mon Nov 15, 2021 11:00 am
by C-Mag
‘Let’s Go Brandon’ Cryptocurrency Jumps 150% In One Week
https://dailycaller.com/2021/11/15/lets ... joe-biden/
This is brilliant. I'm finally going to invest in Crypto. Just because I believe the rejection of the Brandon Admin is so great, the value of a Crypto named $LGB, is going through the roof.
Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)
Posted: Thu Dec 30, 2021 4:44 pm
by SuburbanFarmer
Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)
Posted: Wed Feb 02, 2022 11:32 am
by C-Mag
Are physical metals the best inheritance to leave your children ?
A recent story related to me by a friend of a friend.
Mother dies, the two sons go through the house, open the safe and there is Gold and Silver totaling a value of about $25,000 in todays market. These metals were likely purchased decades ago. The two brothers divided the loot, no paperwork, no taxes, no intervention from anyone getting a piece of it.