Message from @Arnold Jacobs is legend

Discord ID: 788278131412434954


2020-12-15 05:32:26 UTC  

That doesn’t address the foreign standing of the currency

2020-12-15 05:32:36 UTC  

In order to produce we must trade

2020-12-15 05:33:28 UTC  

🤡

2020-12-15 05:33:30 UTC  

@Arnold Jacobs is legend japan is not the reserve currnecy but they are able to have a higher deficit ratio then us. And yes in order to produce we must trade. IF your worry is the dollar index lowering there is no 1:1 ratio of credit expansion and lowering of the dollar index. The dollar index operates alot like a stock price

2020-12-15 05:33:59 UTC  

we have had times off massive quantitiative easing and higher dollar index

2020-12-15 05:34:02 UTC  

idk what your on about

2020-12-15 05:34:05 UTC  

Japan has the largest investment of us debt actually

2020-12-15 05:34:14 UTC  

So lol

2020-12-15 05:34:19 UTC  

what are you on about

2020-12-15 05:34:30 UTC  

how does that awnser the question

2020-12-15 05:34:38 UTC  

Lol im talking about international trade

2020-12-15 05:34:39 UTC  

again how can japan have a 200+ percent ratio

2020-12-15 05:34:44 UTC  

yes you are talking about trade

2020-12-15 05:34:50 UTC  

your worry on trade is the dollar index

2020-12-15 05:34:51 UTC  

Owning us debt

2020-12-15 05:34:54 UTC  

which is a bs argument

2020-12-15 05:34:55 UTC  

yes

2020-12-15 05:34:57 UTC  

and?

2020-12-15 05:35:14 UTC  

It all goes back go trade, and faith in the dollar as i said before

2020-12-15 05:35:49 UTC  

@Arnold Jacobs is legend yes the faith in the dollar, you are reffeirng to the dollar index. like i said we have had times of credit expansion and a increase in delta dollar index

2020-12-15 05:35:52 UTC  

The us can maintain large deficits as long as other countries support it and they do due to the dollar being the worlds reserve currency

2020-12-15 05:35:56 UTC  

wow

2020-12-15 05:35:57 UTC  

holy shit

2020-12-15 05:36:01 UTC  

circullar argument

2020-12-15 05:36:06 UTC  

i will say this slow

2020-12-15 05:36:13 UTC  

Its not circular its cause and effect

2020-12-15 05:36:33 UTC  

As i said the us is heavily reliant on foreign trade for manufacturing

2020-12-15 05:36:37 UTC  

40%

2020-12-15 05:36:51 UTC  

70% of the economy is products

2020-12-15 05:36:56 UTC  

They need manufacturing

2020-12-15 05:37:22 UTC  

THE US DOES NOT RELY ON OTHER COUNTRIES OWNING US TREASURYS TO FUND PROGRAMS. I HAVE LINKED A REPORT/STUDY ON THIS AT THIS POINT YOU HAVE NO IDEA WHAT YOU ARE TALKING ABOUT. THERE IS A REASON WHY PETTER SCIFF GOT FUCKING GANG RAPED IN 2008 BECAUSE HE SHORTED THE DOLLAR AND THINKS THE GOLD STANDARD IS

2020-12-15 05:37:39 UTC  

It all goes back to deficits only work when countries have faith in the production

2020-12-15 05:37:44 UTC  

holy shit

2020-12-15 05:37:46 UTC  

i cant

2020-12-15 05:37:48 UTC  

wow

2020-12-15 05:37:53 UTC  

Im starting to wonder why other servers banned you lol

2020-12-15 05:37:58 UTC  

yes you are talking about the dollar index

2020-12-15 05:37:58 UTC  

Lol stop cursing and address the argument

2020-12-15 05:38:01 UTC  

i did

2020-12-15 05:38:20 UTC  

you are saying the dollar index will collapse because we are expanding credit at a massive rate

2020-12-15 05:38:25 UTC  

No you didnt im talking about cause and effect with manufacturing