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Joe Swanson
Heresy Financial
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Comments by "Joe Swanson" (@joeswanson733) on "Heresy Financial" channel.
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We have essentially reached the limits of debt based monetary system
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we have to look at the great depression. the GFC is a walk in the park compared to this. also there are no coincidences. everything happens for a reason. nothing just happens out of thin air.
29
you know if the government did not do decades of deficit spending... this might not even happen.. who would've figured.
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we only have 4000 banks left... so that's 1/5 of current banks.
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@kcculp6430 from what i understand is they can print paper and automatically that has "value" and they can buy real stuff with it so its highway robbery...
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well the only thing we need now to top off the GD is food lines, corpses rotting on the streets and hooverville shacks.
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you know if you expand and then it has to contract... i think it would be better off with a fixed money supply. i just feel like let's cut through the chase. but i have heard it before prices declining over time, which leads to hoarding money, which means lack of spending/investment, which means high unemployment and economic recessions. well we're going to experience all this eventually so again let's just cut through the chase.
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we're in trouble.
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fuel, food, water, ammo, medicine. things you can't live without
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actually short selling can be very risky and the person doing short selling could lose more money than the person jsut doing traditional buy low sell high. so it should be allowed.
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@GeoffBosco everything is about cycles. Now assets that can be denominated in any currency, Heresy said gold, real estate these withstand the passage of time and cycles. Stocks bonds and cash are ....at your discretion
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i agree. stocks because of appreciation over time with companies that produce goods and services that are the underlying value for those stocks, real estate and gold are the best long term safe money
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it's designed to be this way. they don't tell you jack sh-t. keep you in the dark and f you over later.
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inflation your currency is losing purchasing power
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@cyberft that would just drive up your currency value if countries have to compete for your currency to settle for global trade. i for one have always wanted a fixed money supply. because if we go through the same economic cycles with either a floating or fixed money supply than might as well just go with a fixed money supply you don't have to go through so much bs.
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5 percent is what we should have maintained right after 2008
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"I care not what puppet is placed upon the throne of England to rule the Empire on which the sun never sets. The man who controls the British money supply controls the British Empire, and I control the British money supply." - mayor rothschild 1815
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basically as many have said china achieved in just 40 years what it took the west 200 years to achieve but at the same time... you condensed all of that in such a short period of time without building adequate safety nets and infrastructure to support that growth.... so it will be interesting to see china in another 100-200 years.
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Matthew 21:12-13,Mark 11:15-18 NIV Jesus at the Temple - Jesus entered the temple courts and drove out all who were buying and selling there. He overturned the tables of the money.
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@puesbien or as obama said okie doke
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forget robinhood you will get fleeced.
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if the sky was falling they would still say it was ok. you cant believe what these satanists say
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CBDCs here we come.
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you weren't the only one fooled. people before you and after you are fooled.d we need an option to opt out
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That won't ever change
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if you want to rely on congress to do anything... you will probably see pigs fly before then
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Corporatism
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fantastic content. you give the fed that much power... don't be surprised if they gonna lord over you with your money
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One somewhat “tricky” point about the Fed balance sheet is that although currency in circulation is a liability for the Fed when it prints additional money (increasing the liability amount of currency in circulation) and then uses that money to buy additional securities, the purchased securities are assets on the Fed balance sheet.
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we've been screwed since 2008... it just takes years for it to catch up
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@cheeseman417 going by history we're destined to decline regardless. you think china didn't go through this sh-t over and over with each passing dynasty
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oh please the government knows much more than it's letting on. jimmy carter was the last president that ever told us remotely close to whats really going on
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@chargermopar i said food that covers meat. i said fuel that covers diesel. oil and parts thats if you have machinery that you need to use.
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... how can we have more than the us military budget set aside for ukraine... wouldn't that be doubling our military expenditures?
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the last time we could've maybe kept this under wraps was 1992....
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answer: no one.
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1.) media is full of sh-t. they never educated us. just to scare us or influence us to either jump off a ledge or to do their bidding 2.) as you said the treasury under federal law or constitutional mandate has to pay all debts before paying anything else 3.) governments do not want to cede power and they will fight tooth and nail to keep or expand their power 4.) if they (in this case biden or whomever is in control of the money) truly are suicidal then they will just hasten their currency losing reserve status that much faster. instead of being around for another 50 years... they'll probably lose it in the next 10 years. because i've read that to uproot the usd from the global monetary system is much more complicated than we imagine as the us was so smart to entrench itself as the global currency system that to uproot them would cost a lot of money and time basically make it an opportunity cost that other countries don't want to deal with but if push comes to shove other countries will have no choice but to consider alternatives... this is not something the us government should ever play with. 5.) if there's 3 things you know will never stop being paid is the federal government employees soldiers and retirees will get their money. because if you don't pay them... then it's going to be heads on pikes.
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@Lonovavir well this is the epitome of government misdirection gaslighting and psychological operations we have seen them pull on the peasants in recorded history
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our entire system is based on paying interest... nothing else
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@edd542 people don't like people that make predictions for some reason... well might as well hate on the weather man. since his job is to predict the weather.
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well it wasn't going to last forever regardless. being reserve currency is actually terrible. way too much burden.
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let's repeat after me children... cash is trash.
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the global elite are above money.... they are the ones that write the tickets...
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the more the us does this eventually people will take the chance pay the higher cost to decouple from the USD and go to brics ... people say oh that can't happen... you poke hte bear enough times people will leave.
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keep in mind here the us is run like the mafia. the us has the biggest protection racket in the history of rackets... the us can just go to japan and persuade them ... to buy more tbills if push comes to shove or something bad happens.
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that's what they're doing trying to manipulate people into pulling theier money out and putting them in the top 5. how else do you think the cbdc thing will come to fruition.
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it was never meant for you to collect for years on end after you retire. actually if you look at the history of SSI it was set at an age at the time where most would croak before they got a chance to collect. if FDR knew people wouuld live as long as they do now he would have set it at 100
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it's all mindset. people are still tying gold or bitcoin value or worth in relation to dollars. without seeing the bigger picture and that is we should view bitcoin or gold as its own entitty entirely independent of dollars or any currency. essentially we would need to reprice everything in gold. like 1 car = 1 gold oz. 1 house = 5 gold oz etc. because this whole mindset is basically ingrained into peopels minds. oh this is xyz dollars. taht's xyz dolllars. gold can get you xyz dollars etc.
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QE on steroids.
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i think the us showing it's weaponizing its' use of the dollar in plain open sight now against you know who has caused a lot of wake up calls for other countries that wonder when will it be my turn. maybe that might have something to do with it. who knows. not exactly a smart move on the federal governments part.
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