My point is, how could you possibly have an opinion like that unless you know how the system actually works?
So what I am asking you, is do you understand how fractional reserve banking works? Can you explain it to us?
Hyperinflation Doomsday? Wut?
- Thread starter Pulse
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So what I am asking you, is do you understand how fractional reserve banking works? Can you explain it to us?
Fractional reserve banking - Wikipedia, the free encyclopedia
Criticism of fractional reserve banking - Wikipedia, the free encyclopedia
Fractional Reserve Banking
Fractional Reserve Banking
The Fractional-Reserve Banking Question - Robert P. Murphy - Mises Daily
A Privatised Money Supply: Modern Banking and the Fractional Reserve System
Banking 3: Fractional Reserve Banking | Core Finance | Khan Academy
Pick 1...or 3!
I understand what it is. I am asking if you can explain how it works to us. Do you have that level of understanding?
Yes, you're obviously a sub-genius with your ability to copy paste links.
But do you actually know what you're talking about?
Yes, you're obviously a sub-genius with your ability to copy paste links.
But do you actually know what you're talking about?
You clearly underestimate, or more likely have no real knowledge about, the capabilities of the US military and related forces. If the shit hit the fan we could "fight" them all at once with no problem. It wouldn't be much of a fight though. If all you know about our military capabilities are what you've seen in the news about recent politically correct wars and invasions though, you really have no idea what we're capable of.
The real point however is that none of these countries would have the balls to fight us because they know how powerful the US forces are. We just have to remind them every now and then via things like Iran, etc.
Australia? Seriously? My handful of friends in Texas have an arsenal big enough to defeat Australia lol
We spent over 8 Years in Iraq.
We've spent 11 years in Afghanistan SO FAR.
We LOST Vietnam after 8 years of fighting.
...And NONE of them had any armies as large as ours, nukes, or any technologies on level with our own.
Meanwhile:
US Military: 1,456,862 (Active)
US Nukes: 5,113
Chinese Military: 2,285,000 (Active)
Chinese Nukes: ~240
Indian Military: 1,325,000 (Active)
Indian Nukes: 80–100
Russian Military: 1,027,000 (Active)
Russian Nukes: 12,000
...I think you get the point. Sure you want to stick to your "Murika Fuck Yeah" story?
Lukep, don't forget you have to add in the NATO forces since the puppet masters control US and NATO together.
Nevertheless, US/NATO won't be attempting to invade any of the nuclear powers you mentioned. Way to prickly. Even skirmishes around the perimeters are pretty risky and don't provide any benefit.
So the US/NATO military operations will continue to be in other countries as they try to control more resources. It's a costly quagmire but the US may think they can choke off the other big powers. They did induce the collapse of the USSR when it couldn't keep up economically with the Star Wars program. So now control more of the oil (get Iran locked up), debase the dollar (China's treasury bond holdings become worthless) and watch China fizzle.
Nevertheless, US/NATO won't be attempting to invade any of the nuclear powers you mentioned. Way to prickly. Even skirmishes around the perimeters are pretty risky and don't provide any benefit.
So the US/NATO military operations will continue to be in other countries as they try to control more resources. It's a costly quagmire but the US may think they can choke off the other big powers. They did induce the collapse of the USSR when it couldn't keep up economically with the Star Wars program. So now control more of the oil (get Iran locked up), debase the dollar (China's treasury bond holdings become worthless) and watch China fizzle.
Top tax bracket in the 40s: over 90%
Top tax bracket in the 80s: 69%
Reagan dropped the highest tax bracket to: 28%
Today's top tax bracket: 39%
Seems like we could pay our debt if we had the jingle jangles to tax those among us who benefit the most from American prosperity. Eh? I think that fixing the tax code will probably come before the apocalypse.
Top tax bracket in the 80s: 69%
Reagan dropped the highest tax bracket to: 28%
Today's top tax bracket: 39%
Seems like we could pay our debt if we had the jingle jangles to tax those among us who benefit the most from American prosperity. Eh? I think that fixing the tax code will probably come before the apocalypse.
We spent over 8 Years in Iraq.
We've spent 11 years in Afghanistan SO FAR.
We LOST Vietnam after 8 years of fighting.
...And NONE of them had any armies as large as ours, nukes, or any technologies on level with our own.
Meanwhile:
US Military: 1,456,862 (Active)
US Nukes: 5,113
Chinese Military: 2,285,000 (Active)
Chinese Nukes: ~240
Indian Military: 1,325,000 (Active)
Indian Nukes: 80–100
Russian Military: 1,027,000 (Active)
Russian Nukes: 12,000
...I think you get the point. Sure you want to stick to your "Murika Fuck Yeah" story?
Those "wars" (I use quotes, because they weren't actually called wars) are the equivalent to taking an MMA fighter and tying his hands behind his back and forcing him to wear a blind fold. Then saying he can't win a fight because 4 midgets kind of kicked his ass.
We had trouble in those "wars" for the same reason the British had trouble fighting us during the Revolutionary War. When one side is fighting with some sort of gentle mens rules and the other side doesn't follow those same rules it hinders the one following the rules. If I remember my history correctly the Revolutionary War was one of the first wars to have snipers. It was considered cowardly or ungentle men like to fight that way. It was also considered cowardly and ungentle men like to intentionally kill officers of the opposing army. However, being out matched in numbers, training, and arsenal we said screw that we want to win. Because we thought that way and didn't follow conventional rules of warfare we won.
If we did for some god forsaken reason we decide to goto real war with those countries we would level them in a matter of days. There would be almost nothing left of any of those countries excluding China and Russia. Those are the only 2 countries that would give us any kind of real fight and that's because of the sheer number of men and technology they have. It would be an extremely bloody war that would be fought on their soil and ours.
I don't ever see that happening though, because we're not that stupid. We have some of the best military minds in the world and they can win this battle without ever fighting a shot from the US military if they want. If we do anything we'll cause some sort of coup or attack their economy via proxy.
Been consistently wrong?
Bernake: YES
Ron Paul: NO, consistently correct.
Oh right, well there is this one Congressman from Texas....
No, Wrong Paul has been consistently wrong. It's just that when he's actually right, RP supporters jump on this as proof that he's always right.
Speaking of People Whose Models Have Failed - NYTimes.com
Fuck Hyperinflation.
Fuck Wars.
Fuck these threads.
It doesn't matter if you're right or wrong about any of the bullshit, none of you have enough money to thrive in or prevent any of those situations.
So what should you do? Make as much fucking money as you can, the rest will work itself out.
Fuck Wars.
Fuck these threads.
It doesn't matter if you're right or wrong about any of the bullshit, none of you have enough money to thrive in or prevent any of those situations.
So what should you do? Make as much fucking money as you can, the rest will work itself out.
Some of us are very familiar of Krugman and his bullshit.
Example:
Krugman going after Paul (again).
Krugman's shenanigans revealed (again).
Krugman is not an idiot. But he is incredibly slippery and unreliable. If you want to read him - or worse, link to him as an authority - buyer beware. Dude is selling snake oil.
Agreed, as long as we leave nukes out.
But even then, why would the US undo the hand behind its' back now exactly? Doesn't it want to keep its' ties to the UN and NATO?
You think the USA wants to pick a fight against EVERY country out there all at once? In a world of 7+ Billion, our 350m doesn't stand a damn chance when we start playing unfair. Ask Hitler what happens under that scenario.
Clearly the US, with all its' bases around the world and all of its' advanced weaponry and all of its' military spending still cannot afford to fight the BRICS flat out. It would look just like the SS if it tried.
Then, if you bring Nukes into the conversation, (lots of countries with them out there bros) then you're absolutely assuring the destruction of the human race on this scale. BRICS are very well spread throughout the world. If that happens, everybody, by definition, loses.
So again, the USA CANNOT win a violent war against the BRICS. Only fools who listen to far too much Faux news would believe for a second that we could.
Wow, just wow.
After reading that uber-liberal NYT article slamming Paul for "constantly being wrong" about the economy, all I can think about now is how bleak the outlook is for humanity that people could actually read that lying crap and agree with it.
Even just one person reading that and not wanting to kill the author is a crime against humanity. Cue "Idiocracy" clip again...
Those were/are non-conventional wars, as crackp0t mentioned previously. The rules of engagement are very strict and the enemy likes to dress up in civilian clothes, smile, wave...and then detonate a bomb hidden beside the road.
If the fate of the U.S. was at stake and we really wanted to "win" in Iraq or Afghanistan (and kill tons of innocents in the process) it could be done in a matter of weeks or months. Scorched earth mother fucker.
A few well placed EMP attacks would change shit pretty quickly.
Again, you're going to the extreme. Be careful who you're calling idiots when you're stockpiling canned goods (yeah, they last a while, but nutritionally they're about worthless), lantern oil and guns. Some of the dumbest people I know share your doomsday worries. /sigh
Besides, if shit hits the fan like half of you fucks are going to die because you don't have access to your insulin and meds anymore, so I'll just come take your shit.
My point was that what made those non-conventional wars still applies in this example... Otherwise we lose NATO and UN support and look just like the SS trying to take over the world. (And it wouldn't just be an appearance... It'd be true.)
You got the wrong guy. I don't want to live like that... I'm the one who'll be living it up with servants in Thailand wondering what happened to the rest of my american buddies from WF.
I don't really know myself, but wouldn't be so sure about that. Remember, the last time the US military came out with a break through that shocked the world was in 1991 during Desert Storm, when they came out with the stealth fighter.
I could be wrong, but I imagine they've been doing some research over the last 21 years, and have shit lined up. You know those kinky new robots we see on TED every once in a while? Maybe something like, but times it by 5000, and consider it fully developed, operational, and ready to deploy. If shit ever hits the fan with the US & wars, I would imagine we can expect things like that to hit the field.
Have 180,000 little robots flying around, laser targeting everything. Then some ships 300kms away, blow the hell out of everything. Not to mention, there's probably destructive laser technology available to the US military. Considering we can find test experiments of that on Youtube, I would imagine the US military has it perfected & ready to deploy by now.