|
Sask |
I should add that the Americans have some wing nut talking trade balances and using tariffs to start the process.
Why shouldn't someone be able to create money out of thin air and go buy real goods with it? Isn't that a perfectly fair trade? I mean, that is exactly how the world works today and everyone's heads are exploding because someone is talking about trade in real goods going one way and then more real goods going the other way.
Really, how much more stupid can things get.
I trade my time and labour so I can acquire things I need to further my life. While someone else goes and creates money out of thin air to buy what I have made with my labour.
No sir, nothing to change here. It is how the world works right now and so anything to change that is clearly wrong. Although prior to 1970 it largely worked with real goods flowing in balance. And even then, France with DeGaulle, the Dutch and other
parties were already calling BS on how things were really working. The Arabs stopped selling oil to the US in 1973 because they figured money created out of thin air was not a fair trade for a natural resource - and they were probably right. And in recent years, countries have once again stopped trading oil for $us.
But yeah, "free trade" while countries are printing infinite money is definitely what we need more of. What impact do you think infinite debt is having on your own economy and personal wealth? If you answered "none" because that is how the world works these days and must continue because there is no other option then you go do your own wealth planning accordingly based on the $us being of high value and a value that will be maintained. Real assets for ownership and trade are irrelevant in your world.
It is looking more and more like there is indeed another option.
And no, the debt won't be paid back so it is indeed money created out of thin air. And that is the bullschit reality being called out.
| |
|