11 Comments
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Robert Butler's avatar

U know how I feel. This country programmed everyone much like other countries are being programmed now and that is to produce and consume. Dont forget to have children, which is at a huge decline all while elders leave the work force. Now they giving mthly checks for parents of newborns and children under 17. This will be a 🌐 issue....

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President-Elect Zio's avatar

Here's an (2015) IMF paper that explains how to create a digital currency while charging interest on a paper currency >>>

https://www.imf.org/external/pubs/ft/wp/2015/wp15224.pdf

The idea is, congress tells the FED to offer accounts for everyone

(see: Bankink for All Act : Text: S.3571 — 116th Congress (2019-2020) ::: https://www.congress.gov/bill/116th-congress/senate-bill/3571/text)

and deposit digital dollars in those accounts. At the same time, the FED lowers interest rates on paper currency to say -4%. The commercial banks pass that cost onto their liabilities. You can either spend your "money" or watch it dwindle away.

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trumpHELL666's avatar

I heard China has a "time limit" on their digital Yuan. Spend it quickly or lose it. LOL. I don't know if it's true or not, bu that seems to be a good mechanism for governments to make sure people put that currency to use now to increase money velocity instead of putting it under their mattresses and lowering money velocity.

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President-Elect Zio's avatar

John McAfee disagreed with the current monetary system, which has made him “public enemy No. 1,” according to court documents.

John McAfee

@officialmcafee

Getting subtle messages from U.S. officials saying, in effect: "We're coming for you McAfee! We're going to kill yourself". I got a tattoo today just in case. If I suicide myself, I didn't. I was whackd. Check my right arm.

https://twitter.com/officialmcafee/status/1200864283766251521

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trumpHELL666's avatar

McAfee could have an unfortunate "accident". Like "accidentally" putting three .357 rounds into the back of his own head.

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President-Elect Zio's avatar

John McAfee: I Could Bring Down the US Government (14min video)

https://www.youtube.com/watch?v=FJWbg7YLWZA

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JGorge's avatar

No more bailout for companies that are already profiting from the American people.

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mp's avatar

Why should **ANY** company receive a bailout from the gov't (aka taxpayers)?

Why should **ANY** organization (domestic or foreign) receive a bailout/loan/grant from the US gov't?

Why should **ANY** other foreign gov't receive a bailout/loan/grant from the US gov't?

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Patrick Braeken's avatar

SOS inflation is here to stay ,loosing 1% of your purchasing value each month and by the way I have a couple of heavy duty jacks lying around ready to push up that debt ceiling whenever.

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