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sdrc92126
maneco64
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Comments by "sdrc92126" (@sdrc92126) on "The Big Banks Have Exposure to Unimaginable Amounts of Derivatives." video.
$168trillion/8100tons to $/oz = 648,148 US dollars per ounce to cover
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Years ago when I first learned of this, it was estimated to be around $400 quadrillion. You should be happy that it is only $2 quadrillion
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@Kingofthehill84 Money in circulation is the debt. Pay off the debt and there is no more money left
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@SmithsnMoz I think more like 1416ozt
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@mahatmadoo2566 It's the 5th plank
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It would go to Force Mejuere long before it got to 2 ounces of paper silver to every physical ounce 🤣
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I borrow 10 bitcoin from you when the price is $4000 for 5 years in exchange for paying you $100/month. I then loan those bitcoin to someone else for $200/month. I keep paying you $1000/month, but I have an income of $2000. At the end of 5 years, I have to give you 10 bitcoin back, and in the meantime, the price has increased to $70000. I have to come up with $700000 to buy 10 bitcoin to give back to you because the guy who borrowed them @$200/month lost them in a bad business venture and went bankrupt.
2
There is no market
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@russelbrown6275 It's not :body-blue-raised-arms:
1
yes.
1
weather "disasters" are down 98% over the last century
1