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Huwhite Cavebeast
David Lin
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Comments by "Huwhite Cavebeast" (@huwhitecavebeast1972) on "Why Interest Rates Would Go To Double Digits, Massive Inflation Will Return" video.
"the dollar is backed by the credit worthiness of the US treasury". Yeah David, that's nothing. The credit worthiness disappeared with the gold standard.
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I really enjoy Doug, but he like so many others, so many financial experts, does not properly understand the Fed.
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Is David r-tarded? He can't imagine how we banked before 1913??
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No, that would G. Edward Griffin.
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All societies collectivist or not are made up of individuals. Denying the individual, the inherent element of the collective, is exactly what is wrong with collectivism. We require cooperation to be successful societies, not collectivism. Collectivism put the interests of a abstract idea above the real flesh and blood individuals that actually make up the society and are the ones that created the abstraction to begin with. Collectivism is always hijacked by a few individuals to control and exploit the remaining individuals, it is always abused. It is a system of totalitarian control, not the same thing as cooperation. Collectivism is like saying "the idea or concept of me is more important than my physical body, what I am myself." Self abnegation for an idea.
2
It's been bankrupt since 1971, problem started in 1913.
1
Getting rid of the Fed is the key to solving the problem.
1
Harari is a Jewish goblin and should be treated accordingly. All this stuff comes from that tribe.
1