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Thread: Second stimulus

  1. #31
    General Engineering Contractor ballvalve's Avatar
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    God will bless us with a huge plague, meteorite, or nuclear war before things get out of control. Then the lizards can rule again, and be happy with life without banks.

  2. #32
    DIY Senior Member BobL43's Avatar
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    That's what I like; a guy with a positive outlook :-)
    I am definitely not a pro plumber, but I am a pro crastinator

  3. #33
    General Engineering Contractor ballvalve's Avatar
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    History repeats itself, nothing to do with specific attitude......

  4. #34
    Master Plumber master plumber mark's Avatar
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    IAN>>>> and others

    read this fellows posts on u-tube

    he is very wise..
    and you ought to subscribe to his channel if you want
    a good education on how money flows.................................




    http://www.youtube.com/watch?v=_ruYfR-Ht1o


    http://www.youtube.com/watch?v=_ruYfR-Ht1o

  5. #35
    General Engineering Contractor ballvalve's Avatar
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    OK, we all were told that the dollar was crap so we bought land and houses to protect our stash. Now we are all screwed.

    Now we buy silver at $55 ounce and it drops to $35 in a day. Next we'll drive gold to $2500 an ounce and in a week it will crash to 900$

    GOOD land, with running water, windmill, a bit of solar; guns, food and ammo and tools [and health] remain the only true form of wealth.

  6. #36
    General Engineering Contractor ballvalve's Avatar
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    OK, we all were told that the dollar was crap so we bought land and houses to protect our stash. Now we are all screwed.

    Now we buy silver at $55 ounce and it drops to $35 in a day. Next we'll drive gold to $2500 an ounce and in a week it will crash to 900$

    GOOD land, with running water, windmill, a bit of solar; guns, food and ammo and tools [and health] remain the only true form of wealth.

  7. #37
    Senior Robin Hood Guy Ian Gills's Avatar
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    A weaker dollar and some hefty price increases would soon turn that mortgage rightside up.

    So a little bit of inflation might work as well..

    Mark's friend is obviously as crazy as ever. In his world, only the Government could issue debt and would do this by printing dollars. So we would have civil servants assessing the risk I pose when I apply for a loan and the Government would take the hit if I default too.

    But worse, guess what happens around election time? The printing machine would go crazy and inflation would rise.

    Monetary policy needs to stay independent of politics and outside of Government hands, which is why it resides with the Federal Reserve (not private Banks as these doomongers are trying to argue).

    Best leave things as they are then. But we need more regulation of Banks and for that we need a bigger Government.

    I want to see more Federal employees in DC telling other Americans how to live their lives and raise their families.

    They can start by taxing soft drinks.
    Last edited by Ian Gills; 07-26-2011 at 01:56 PM.

  8. #38
    DIY Senior Member BobL43's Avatar
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    Quote Originally Posted by Ian Gills View Post
    That's great. See, it's not rocket science to help the poor is it?

    And taxes spent now will lead to more revenues later.
    yeah, right.

    http://www.youtube.com/watch?v=J7XA2UUpXRk
    I am definitely not a pro plumber, but I am a pro crastinator

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