@mott-the-hoople saidInterest rates, China devaluing its money, and a bunch of other stuff makes the dollar stronger or weaker, but there is no getting around the fact we are using rmthe Federal government's funny money to buy and sell stuff.
The US dollar doesnt have a set value...it depends on where you are trying to spend it.
Our economy in part determines the value here.
It is all in an attempt to allow the ruling class to manipulate the economy.
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@Mott-The-Hoople
The Fed is a quasi government institution. The head of the Fed is appointed by the President.
@eladar saidthey always have and always will.
Interest rates, China devaluing its money, and a bunch of other stuff makes the dollar stronger or weaker, but there is no getting around the fact we are using rmthe Federal government's funny money to buy and sell stuff.
It is all in an attempt to allow the ruling class to manipulate the economy.
@eladar saidI don't think you quite understand how it all works.
I thought the US Treasury printed money.
Yep, just looked it up.
The Fed sets interest rates and tells banks how much money that must be held in reserve.
Of course the US Treasury does the actual printing...
Who tells them to?
The federal reserve bank.
I've read your posts about the gold standard and your enemy is the federal reserve bank. You just don't know it yet.
@eladar saidLOL...what do you think I have bern trying to tell you?
@Mott-The-Hoople
The Fed is a quasi government institution. The head of the Fed is appointed by the President.
@mott-the-hoople saidThe more complicated the better..........
this may be too complicated for you to understand...
https://www.thebalance.com/is-the-federal-reserve-printing-money-3305842
I think the USA needs to go back to silver and gold to maintain its power.
The way things are going isn't good.
You can't keep printing money and building a huge debt and maintain power as the world currency.
Eventually other countries will refuse to be paid in American dollars and go with another currency or better yet...
Silver and gold!
@silver saidOh I know the Fed and the Treasury work hand in hand. Paper money is nothing compared to the nu.bers in computers, which the reserve requirement taps into.
I don't think you quite understand how it all works.
Of course the US Treasury does the actual printing...
Who tells them to?
The federal reserve bank.
I've read your posts about the gold standard and your enemy is the federal reserve bank. You just don't know it yet.
@silver saidFirst they need to start mining asteroids in space till then find a bountiful supply.......
I think the USA needs to go back to silver and gold to maintain its power.
The way things are going isn't good.
You can't keep printing money and building a huge debt and maintain power as the world currency.
Eventually other countries will refuse to be paid in American dollars and go with another currency or better yet...
Silver and gold!
@whodey saidLoL I've read their isn't enough gold and silver to cover the US debt...not even close.
First they need to start mining asteroids in space till then find a bountiful supply.......
Also their isn't enough to make actual money out of gold and silver but you could have paper dollars that would represent actual gold or silver.
That would limit how much could be printed and end inflation but you might get hit with deflation.
All I know is if we have an economic collapse my silver coins will be accepted for goods and services while everyone else is looking at their paper dollars and realizing they can't buy anything.
@mott-the-hoople saidRight after he was killed they removed silver from coins. 🤔
https://anonhq.com/the-speech-and-the-executive-order-that-got-us-president-john-f-kennedy-killed/
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@eladar saidIt's all fiat money. Zeros and ones. The fed controls everything. The sheeple ain't got a clue. Buy guns and palladium.http://thestockmarketwatch.com/metal/palladium-price.aspx
@KazetNagorra
So the fact that our money is created by the government does not matter.
So if there is no difference how do governments get money? Do they produce it themselves?