Occupy Dallas

[Denny]

Not everyone utilizes what they were given. If he had, he probably would have a different viewpoint.

Right. My little brother is a freak when it comes to schoolwork growing up. Never went to college and bartends in Vegas.

[Bassics]

I never said it would be corrected over night, but our dollar's demand (the only thing making it worth a shit) is deminishing. Look at China, Russia, India, etc. buying up all the metals and other assets it can. They are agreeing to international trade among each other without the use of dollars.

When our demand is gone, then what? Build a world class pharmaceutical company with treatments for multiple diseases with worthless paper money? Let's just use a 100 trillion dollar Zimbabwe note for that.

But, from what you have said, that is exactly what has happened already...

[Denny]

But, from what you have said, that is exactly what has happened already...

With a current demand for it, thus giving it some trade value, even though it is less and less every day, yes.

But like I also said, when that demand is gone (as it is unravelling before our eyes), then what?

[CJ]

Until the demand is gone. All it is, is demand at this point and people are obviously fed up (pun intended).

Welcome to my world.

That's why you secure your loans well, good collateral.

[Denny]

That's why you secure your loans well, good collateral.

Just throw the paper (while it has some value) into some hard assets like precious metals or ag land while you can.

[Snatch Napkin]

This guy is actually very intelligent just chose that lifestyle and now begs for people to come get tatoos all the time.

I would add you to my FB so you could see but that might backfire on me next time you get pissed off or bored lmao.

I most certainly wasn't using his tattoos as a point. I have several, and actually plan on having both of my arms in complete sleeves one day. I was just curious.

I just saw your edit. That's pretty funny.

I keep my FB to folks I have met. Catch us at a GTG and we'll go from there.

[majorownage]

Trying to create something out of nothing can't be done by man. Think of all the failed fiat currencies of the past. It doesn't work. For me, it entrusts too much power to the "makers" of the currency. On a whim they could destroy the entire wealth of a nation!!!!

[Bassics]

Okay, so your position is the demand for dollars will end in a deflationary spiral (like the 30s). And the hole will be deeper and wider this time.

But that real wealth will still all be there. Land. Resources. Labor. Ideas.

[Denny]

Okay, so your position is the demand for dollars will end in a deflationary spiral (like the 30s). And the hole will be deeper and wider this time.

But that real wealth will still all be there. Land. Resources. Labor. Ideas.

And to secure what you can now.

[Denny]

Trying to create something out of nothing can't be done by man. Think of all the failed fiat currencies of the past. It doesn't work. For me, it entrusts too much power to the "makers" of the currency. On a whim they could destroy the entire wealth of a nation!!!!

It works for a period of time, as long as the demand is there and the inflation is brought it with controlled methods (the Fed's job). But the demand is leaving and the Fed dun got stupid with the formulas.

GTFO of dollars. Dollars has to cover a failed Euro now as well.

We have a badass opportunity to prep for this while we can.

[mstng86]

F those economic classes I took. I will just sit in this thread and learn how the world will destroy itself via economic collapse.

[Bassics]

And to secure what you can now.

I can't argue that, I don't think it is going to happen that way but the end advice is the same pretty much.

[mustangguy289]

I most certainly wasn't using his tattoos as a point. I have several, and actually plan on having both of my arms in complete sleeves one day. I was just curious.

I just saw your edit. That's pretty funny.

I keep my FB to folks I have met. Catch us at a GTG and we'll go from there.

When I say lifestyle I am not referring to the tattoos. He has all these pictures of drinking all the time, getting high all the time, etc.

I have worked with people covered in tatoos and ones like me who have none. Tattoos do not make a person good or bad.

[Bassics]

But a bar code tattoo on the back of your head makes you bad ass!

[majorownage]

It works for a period of time, as long as the demand is there and the inflation is brought it with controlled methods (the Fed's job). But the demand is leaving and the Fed dun got stupid with the formulas.

GTFO of dollars. Dollars has to cover a failed Euro now as well.

We have a badass opportunity to prep for this while we can.

It will work as long as they have the interest of the whole economy in mind. How can the be controlled? The Fed is a private organization with no (basically) congressional oversight.

That scares me.