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  #21  
Old 07-19-2013, 03:22 PM
Sadre Spinegnawer Sadre Spinegnawer is offline
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Wolverines!
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  #22  
Old 07-19-2013, 03:28 PM
r00t r00t is offline
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Originally Posted by Malice_Mizer [You must be logged in to view images. Log in or Register.]
"This fascinating book looks into the very real possibility that America could descend into a racial civil war in the coming decade."

"Publication Date: January 1997"

Hahaha
Doesn't matter. US is insolvent, hyperinflationary holocaust followed by collapse has been emminent since before obama took office. Simple keynesian economics. Even Keynes knew this day would come, look into the Bancor.
  #23  
Old 07-19-2013, 03:32 PM
Malice_Mizer Malice_Mizer is offline
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Originally Posted by r00t [You must be logged in to view images. Log in or Register.]
Doesn't matter. US is insolvent, hyperinflationary holocaust followed by collapse has been emminent since before obama took office. Simple keynesian economics. Even Keynes knew this day would come, look into the Bancor.
At what point does 1.8% inflation qualify as "hyperinflation?"

So now you grovel at Keynes' feet. Any other time, he's a pedophilic socialist who orchestrated the downfall of American capitalism. But when he serves to prove your point, his policy theories are fair-game.
  #24  
Old 07-19-2013, 03:34 PM
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I am not a keynesianist. Our socialist president is. And hyperinflation is the only feasible way to pay off the debt. With the indefinite quantitative easing policies we're under, it will come.
  #25  
Old 07-19-2013, 03:40 PM
Malice_Mizer Malice_Mizer is offline
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Quote:
Originally Posted by r00t [You must be logged in to view images. Log in or Register.]
I am not a keynesianist. Our socialist president is. And hyperinflation is the only feasible way to pay off the debt. With the indefinite quantitative easing policies we're under, it will come.
... Bernanke said last month that the US will cease QE policies in 2014.

So.

And no, I don't think you know what American hyperinflation means or what its impact on the global financial system would be.

What do you think the distribution of national debt is among financial actors, exactly? More than a third of the debt is held by the US government itself.
  #26  
Old 07-19-2013, 03:45 PM
r00t r00t is offline
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None of the debt is held by the US govt because the Federal Reserve is a private corporation.
  #27  
Old 07-19-2013, 03:46 PM
r00t r00t is offline
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An unconstitutional one at that

Quote:
Section. 10.

No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility.
  #28  
Old 07-19-2013, 03:48 PM
Malice_Mizer Malice_Mizer is offline
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An unconstitutional one at that
No state. Important word there.
  #29  
Old 07-19-2013, 03:51 PM
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Actually the founders, outside of people like Hamilton, knew the power of the banks and added that clause to prevent the evil cancer that is central banking.
  #30  
Old 07-19-2013, 04:00 PM
Malice_Mizer Malice_Mizer is offline
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Quote:
Originally Posted by r00t [You must be logged in to view images. Log in or Register.]
Actually the founders, outside of people like Hamilton, knew the power of the banks and added that clause to prevent the evil cancer that is central banking.
They also knew the evils of enslaving an entire population of the planet based on the color of their skin being explicitly inferior, right?

Let it fucking go already. We're so far-gone from anything that can be theorized as "original intent," (as though you can honestly, conclusively say what that may be) because we're not a callous group of white men whose sole purpose in life is slaughtering Native Americans and whipping black people into submission to bolster our own sense of self-importance and luxury. We've gone back and forth between central bank/no central bank several times in this country. It's not going away at this juncture, and I'm not going to argue the merits for/against the existence of it.

Sounds pretty anti-Semitic, bro.
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