Z you do realize without a gold standard is the reason there is money for you to be loaned money

I dont think climate change is hurting us as much as deforestation and polution

@DrPeper I just know that the money is printed and its unsustainable

How is it unstainable

Both of those things do contribute to Climate change, so if we fix those we can help the bigger picture

The more money they print and loans they take

The worse off

Debt isnt bad

So if there is deforestation, we need CO2 levels a bit higher for forests to grow back

In a timely manner

If debt is not bad pepper how come the government wants to arrest me if I don't pay them back

American debt is bad

No

Us debt is controlable

Kiwi debt is good

Babies born owe like 40k

From birth

We talkon federal debt or indivual debt?

Federal

But individual debt is even worse

Average household is 140k

In debt

At least you aren't required to make payments when you r born

Again debt isnt bad as long as you can pay it

Says the person with no student loans...

Shut it

<:Why:492188674214068246>

You cant have student loans if you dont go to college

Liesa

You could have co sogned the debt<:smart:484956754489376781>

The continual reprinting of money with nothing to back it devalues the dollar. It also sets us up for being held hostage with the debt as the country will never be able to pay it back.

why cant the US pay its debt off?

The Federal Reserve is raising interest rates. Cause the economy to crash. And guess who buys everything up for pennies on the dollar. This is what was done during the Great Depression. The federal reserve is evil.

a) the fed raising interest rates did not cause the great depression or the great resession b) the US had debt when its money was back by gold c) the fed is raising interest rates from basically zero to make sure the economy doesnt over heat

D) That’s what they want us to believe.

the fed fund rate is still below its average rate

E). The housing crisis in 2008 was their doing. Allow people to have mortgages at very low interest rates. People that should not have been allowed these mortgages. When they raised the interest rates, people couldn’t pay their mortgages.

...that was the banks not the fed's fault

The federal reserve are bankers. 🙄

you dont go to the fed for a housing loan

No but the banks get theif money from the federal reserve.

have you heard of the glass-steagall act?

everyday 😃

The federal reserve raised interest rates on their loans to the banks. The banks then passed it onto the consumer.

that dang steagall act....

jk 😃

it isnt the fedds fault that the banks lent money out to bad morgages

thats an investment

that is like blaming the gun marker for all the shootings

banks got greedy and were incentivized to make risky loans

risky investments more like

so they break the law by calling them loans

well, the loans themselves were just bad investments

right so why were they allowed to do that

the cover up, now that maybe

cover up by repackaging the loans

@DrPeper I found this. Very interesting.

The partial repeal of Glass-Steagall. After decades of lobbying and proposed legislation, some Glass-Steagall provisions were repealed in 1999, when the Gramm-Leach-Bliley Act was signed. ... Reed and Weill have said, in effect, that Glass-Steagall protected the U.S. economy until Gramm-Leach-Bliley was signed.May 2, 2017

By Bill Clinton, no less.

o yeah, it was a terrible move

i totally agree it should have never be replealed

We can blame that scumbag Bill Clinton for the debt crisis

a large part yeah

even though i enjoy finance and investing a lot. i think the banks need to be heavily regulated

or they will pull shit like 2008

I agree...I mean, the banks were bailed out in 2008 and guess who paid for it. 🙄

well, i dont think we could have aloud them to fail. that would have been terrible, but should definatly done more to punish them

Dang. The immigrants are invading and changing our culture. No one is safe anymore.

https://voiceofeurope.com/2019/01/iraqi-asylum-seeker-charged-with-multiple-child-rapes-and-murder-of-14-year-old-girl-in-germany/

last time i checked i did not live in germany

😛

Peper. You’re from the US aren’t you?

what it says on my passport

Aren’t you a supporter of the DEMS?

Why don’t we get some more MS13 gang members in here. Have open borders. That’s just a great idea. 🙄

it was a pretty good program yes

Fuck that

They were drug runners and human traffickers.

you dont think that the US and GB should have had Defensivly Equiped Merchant Ships?

Huh?

i am sorry bad history joke

I’d say

😛

i think the best way to deal with gangs is make it so that the poor living conditions that breed gangs dont exisit

what did the flat earth look like millions of years ago

What makes you think there has been millions of years

i was just assuming

how old is the flat earth?

According to globe earther it looked something like this...

These people are sick. They think it’s their right to violate others. They don’t see anything wrong with it. Despicable!!!

https://voiceofeurope.com/2017/12/life-sentence-for-afghan-refugee-who-raped-and-burned-finnish-girl-alive/

i don’t understand people that type like that

so many exclamation marks and ignorant statements

@rol how are you?

i’m alright?

good.

why’s that good

that sounded aggressive, i mean thank you.

i just meant im glad you are alright.

how are you

good thanks

!!!!1+1=4!!!