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Bring me some tariffs!

Discussion in 'BBS Hangout: Debate & Discussion' started by Carl Herrera, Aug 27, 2017.

  1. dmoneybangbang

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    Except you the owe money mostly to yourself and you have your own currency.

    On top of having all the wealth in resources, private citizens, infrastructure, and businesses within your borders.
     
  2. dmoneybangbang

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    Nothing magical about using debt to create money. Isn’t the same thing with gold? What’s so special about gold, scarcity? There’s other scarce metals.
     
  3. sirbaihu

    sirbaihu Member

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    Then you can you explain it easily. Please. . . .
     
  4. dmoneybangbang

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  5. sirbaihu

    sirbaihu Member

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    I knew you were going to post a link. Thanks for nothing.

    You failed to show that you know anything this way, incidentally.

    Not bothering to click your link.
     
  6. dmoneybangbang

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    Lol. Because I post a link by an author whose job it is to explain things while I’m just some poster?

    Let’s just be honest, you don’t want to learn and would rather just continue believe something incorrect. Admit it, you are scared.
     
  7. sirbaihu

    sirbaihu Member

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    I'll let the other readers of this thread decide who is honest.
     
  8. dmoneybangbang

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    And who is backing your claims?

    The crickets?
     
  9. adoo

    adoo Member

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    ur publicizing ur ignorance

    we're in age of globalism, where money creation occurs in a fractional-reserve banking system, it works like this

     
  10. sirbaihu

    sirbaihu Member

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    Yeah an age of globalism: exactly.
    We have to pay the debt to other countries.

    We owe China: $1.1 trillion. U.S. cash in the universe: $1.2 trillion.

    I know I know! I'm forgetting about all the imaginary cash that's represented by digits in computers! We shoulda transferred them imaginary digits over to China a long time ago. Trump, do it today!
     
  11. adoo

    adoo Member

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    yip
     
    dmoneybangbang likes this.
  12. dmoneybangbang

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    Lol. What happened to that WW2 debt? We were still under the gold standard....

    How on earth did we ever pay that back and collect debt from our allies? We even paid a large sum to rebuild Europe....

    How is the US still solvent..... is it magic?
     
  13. sirbaihu

    sirbaihu Member

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    The U.S. has borrowed $22 trillion dollars.

    You're like a child with his first credit card. "Well how can I be in debt when I have money right in my hand?"
     
  14. adoo

    adoo Member

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    fabricated by one who doesn't know what rare earth materials are


    in less than 2 yrs, US taxpayers have already paid tens of billion of welfare payments to the farmers.

    both sides of a trade war get hurt, nobody wins.
     
  15. dmoneybangbang

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    Lol... can’t explain how we stayed solvent after WW2.... did Europe send us all their gold? Did we then send them gold during the Marshall Plan?

    You’re like an old man who can’t come to gripes that what you believed has been incorrect. Like an old man, you stubbornly cling to your ignorance on the issue.
     
  16. dmoneybangbang

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    If $22 trillion is such a big deal.... then where’s the GOP on this issue? Why’d they increase the debt? It’s like they know it’s not a big deal practically, but still use it politically to pretend they are fiscally conservative.
     
  17. sirbaihu

    sirbaihu Member

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    I'll let other readers decide if they believe you or me. I don't really care about WW2, I admit.
     
  18. dmoneybangbang

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    How convenient. Well since no one is agreeing with you so far...

    Me: +1
    You: -1
     
  19. adoo

    adoo Member

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    while dmoneybangbang has forth an economic argument; u r just pulling craps outta ur azz

    [​IMG] [​IMG] [​IMG]

    what an admission !
     
  20. sirbaihu

    sirbaihu Member

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    What I said to him, same to you. Let the readers decide which of us is . . . not so smart.
     

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