Message from @adogrocket
Discord ID: 682982182465044533
They're going on a hunger strike eating all the fish sticks?
maybe so
The stock market is mostly based on emotional reactions to news, what goes down goes back up.
The Dems are pushing the stock market down but this just creates buying opportunities for people to make more money. Buy low, sell high.
For the stock markets I just watch the news for a bit and watch for persistent "psychological runs" that will be more likely to impact the market over more than 2 months.
With fractional reserve banking if you want to withdraw all your money for some reason, the major banks just don't have it and you will not get your money. Your money is just a myth at that point and useless to you.
This covid19 may be the biggest hedgefund heist ever.
Central banks, right now, only need a tiny fraction of cash on hand for a few withdrawals. They simply don't have the cash on hand to cover all withdrawals of all accounts. So some people put their money in silver. Who's going to have change for a $2000 one oz gold piece? No one, not for everyday items like food.
fractional lending is a thing
What about the pandemic bonds? When a bank issues bonds it's asking for a loan, and when an investor buys a bond the investor gets interest on the bond. So how do the pandemic bonds benefit the banks that issue them?
Do the issuing banks just default on the bonds and leave investors with worthless paper?
government insurance
SIPC
Central fractional debt based banking had destroyed most of our greatness financially. I trust the gold and silver standards
WHO talking containment....that interprets to me to border close
Ah, insurance, the same thing that happened in 2008-2009 that caused the recession. Anyone could take out insurance on bonds or whatever, even if they didn't own the asset, and when the economy tanked, everyone who bought insurance on those instruments got paid, and the paying banks who insured that stuff went under.
Everybody should watch The Big Short
Bring it Lord restore the financial order
And give us wisdom while you do restore it, Lord.
Before europeans brought their money we traded what we needed... And over all. Were satisfied. You all worried you would make it thru a depression like your parents or grandparents?? Many among us are not worried either way.
Trust your Creator rather than mammon
@KARmA KATʑ he's teasing you. 🙂
"In God we trust, all others pay cash." I'm ready for whatever.
Lol
Good
We change your name to sillypants
🤗
That vid. You could say its the shit.. Lol
Sorry had to cross that line of discipline
Any how
Other than hysteria of virus etc. Hows things
