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sdrc92126
Tom Bilyeu
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Comments by "sdrc92126" (@sdrc92126) on "Tom Bilyeu" channel.
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@mondavou9408 I think Ross Perot was saying this. I remember I was about 4 years old asking my parents what a trade deficit was because it was on the news every night and they said that was how much money was leaving the country and thinking to myself if that goes on long enough, we won't have any money left.
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Maynard Keynes is known as the "father of macroeconomics". He was a Fabian socialist and served as "director of the British Eugenics Society"
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You own nothing, you should be happy
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@bigtankmb Replies are deleted. They don't want you to know
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@Gizziiusa It's worse than you know and it can't be shared
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That is the goal of central banking/using debt as currency
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Kinda like the biblical Egypt
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The same mentality (and I would be a very large sum of money, the same people)
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Borrow money. Buy house. That borrowed money creates inflation. Sell house 1 year later for double the price. Repay original loan. Keep the difference. Repeat.
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@frankrizzo5262 Working two jobs while attending university almost killed me as did working 60-70hr weeks as an engineer
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@williamko7048 It's not broken, it's working as intended. Maynard Kenes
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@joshchurch785 People are not efficient deciders of resource allocation. That's a job best left to techocats🐱
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@PazLeBon Not sure I understand? Is populism bad, it was supposed to be a good thing for most of my life?
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Read the 10 planks of comminism, I can't post them
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@RikLeedsMusic.77 And now we decided that that growth is a bad thing and have to get rid of 60% of the population one way or another
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You used to be able to stick a week's worth of salary in the bank and buy more with it a year later than when you put it in
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@silvertone1 Yup. I've read a few studies that show familial wealth is completely gone in 7 generations
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@andyscottow2250 When you pay into SS, SS buys bonds. The payment of those bonds are grandma's monthly check
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until it affects them. The newspapers are out there fortifying our democracy
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You are obligated to repay the loan through taxes. The dollars in your pocket belong to the government and must be returned with interest (the rental fee for borrowing them).
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@louprado8319 Where????
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@michiel8003 Who are The people on top?
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@LioComichi Especially since half my comments were deleted. I guess they have to shape the story
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When money is debt, the only way to repay debt is through more debt. And more debt to repay that debts. And mor............
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20,000 Palestinians dead in 6 months 500,000 Tutsi dead in 100 days I guess we should be a little relieved that Israel is so incompetent
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@green3488 How? The system is running out of money.
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Look up, I think it's a bitcoin website, wtfhappenedin1971
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“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” ― Henry Ford Can you imagine this system dumbed down enough for the average person and made into a movie?
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In the bible, all of the gold(money) belonged to the king and was borrowed by the surfs. Every 50 years (the lifespan of a fiat currency), all private debts were forgiven (jubilee) and all money was returned to the source (the king) to start the cycle anew.
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I know people who've raised kids, even large families 5+ kids, who grew up normal well adjusted and successful, but were significantly below the poverty line (and that was in the 1980's before the time of so many government programs). It's simply a matter of priorities.
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@rafski-travels-1984 Works for me. I'm joust tired of the same arguments (nothing to do with you) about how things are too expensive to do <X>. Mostly around food. It's not a money problem so much as an ignorance problem. If you have a bowl, a fork and an oven, you can make bread for $0.37 loaf
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@rafski-travels-1984 Again, that's an ignorance problem. I have been making my own food since the first or second grade and can make a meal in minutes. How long does it take to cut up some random vegetables and throw it in a slow cooker in the morning before work with a piece of chicken?
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@keithschmolze7653 Yes and no. We live in debt based money system and that requires growth, because without infinite growth, a ponzi scheme collapses. Debt based systems are popular with the people because it allows them free toys without having to pay for it
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See The Fabian Society: the masters of subversion unmasked. Communism is the end goal, Utopia. Socialism is the process (opium) to get there
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What's the point?
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Civilization is the death throes of a culture. Oswald Spengler, Decline of the West
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@nrvous_250gt Power corrupts
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It literally can not and could never have been paid off. You cannot pay off debt with more debt.
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That false. The elite are always wiped out during societal breakdown so it's in their best interest to keep civilization stable
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@stephenpavlov8942 Cantillon effect. The more you can borrow, the more wealth you can accumulate, allowing you to borrow even more. It's a feature, not a bug, of a debt based money system. Borrow money for free, buy hard asset, the borrowing inflates the value of the hard asset, sell the asset, repay the loan and keep the difference. Not exactly Rocket SCIENCE
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Interest is paid out to bond holders
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Free money and tens of millions of people who want homes, what can go wrong?
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Instead of the 50 yearly 4.0 earthquake, we get 1 9.0 earthquake every 50 years
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Except we are living under Fabian socialism, an ape of capitalism
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@TriscoG late stage debt money always fails. Using debt as money is a pillar of communism
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The Fabian Society: the masters of subversion unmasked Know their plan
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@HoneyBadger80886 Why do you say the money is broken and not working as intended?
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No, debt money is the weapon of socialism to get to communism. Marx says this in the communist manifesto. "Lenin is said to have declared that the best way to destroy the capitalist system was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens."
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Inflation (growth of the money supply) is their raison d'être. They kinda screwed up and created an unsustainable human bubble and now need to reduce he herd by a few billion.
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@zackbarkley7593 I don't know if it is propaganda. I never studied economics, but my education and professional experience is in control theory and after looking at what modern central banking for about 10 minutes realized what they are trying to do. It's all about control of money to grow the largest civilization possible and to desired ends. The wikipedia page is a good overview of control theory without getting too mathematical if you are interested.
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