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Salem OR

Description

No political party bash, its just about $. As an avid studier in world economics, gaining contacts thru out the world, and a history buff, I am concerned. Currently, the federal reserve, (its not federal, its offshore bankers making $ off the american people), well, with approval by congress (this is bipartisan, both parties do it), endless printing of dollars never turned out well in the past. But things get complicated, because 2020 is not 1930's, or 1970, 2000, or 2008. Bottom line, is a question that nobody can seem to answer for me. How long can they print money out of thin air? at 28 trillion in debt, the U.S. can never pay that off. Raising taxes wont even make a blip on the radar. And there are many programs that use up the GDP and incoming taxes. This is why rates are so low, because if rates went up, this country would collapse, trying to pay interest on 28 trillion. Some reading this, might have heard of this "great reset" theory going around. I can not find any trustful comments on what this "great reset" is going to be.. Many have theories, but they are just theories. Klaus Schwab who is head of the world economic forum, has spoke of it, but I still cannot tell you what it entails. Getting rid of cash might be part of it. They want control, and a digital dollar would give them complete control. Maybe bitcoin was just a test run to get a federal crytpo time to correct errors. Or get people used to the transition. I dont know anything for sure yet, I will let you know if something comes up. But I do see it not working out very well for the average american, but making the banksters and insiders rich, which seems to always happen. You have probably also heard that commodities, stocks, houses, are all in a HUGE bubble. and during this delicate time, the borders are allowing hundreds of thousands into the country. Are they tested for covid? Not that i know of, but that is going to cost alot more money. We have lived way beyond our means for quite some time, and all empires eventually end. And I see some out there wanting to spend more on social programs.. But they never say where the money will come from. Oh, I want to end with something that bothers me. When people say social security is the same as welfare. Well, let me tell you, its not. For 30 years, SSI took huge chunks of money from my pay checks to help with retirement. It was somewhat of a "forced" retirement plan. I paid my dues, this is not welfare and they owe me at least what they took. Back around 1980, I tried to get around SSI taxes, to no avail. I could have taken that money and invested in something as simple as gold or silver. Gold was about $200 an ounce at the time, and now its almost $2000 an ounce. I would have done way better financially, if the government would have let me invest myself, instead of giving me dollars that have devalued at a huge percentage, I could retire in style. Printing money out of thin air does have a common occurence thru out history. It devalues the value of the currency being used. And they lie about real inflation, that is obvious. Cola is a joke. k...was just bored this morning and thought I would share some economic news. thx