Comments by "Lepi Doptera" (@lepidoptera9337) on "Global Currency: The Dollar Ain't Going Nowhere" video.

  1. I would buy horseshit. Way more valuable than either. ;-)
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  2.  @lsethhill  I am merely here to feed trolls. ;-)
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  3.  @Yoda42481  What's wrong with your hearing? ;-)
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  4. The Chinese Empire fell in 1911, the Russian Empire followed in 1917. Kid, you are way behind the times.
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  5.  @user-qu3tg1cr4l  Dude, just how much have you been drinking before posting this bullshit? :-)
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  6.  @user-qu3tg1cr4l  Too much, obviously. ;-)
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  7. I will give you $400 per ounce. That's roughly what used gold is worth. ;-)
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  8. Since Russia is disintegrating, the cost of being in that "group" is rising by the day. China has, more or less covertly, already left. India has no good options. Brazil and SA are irrelevant.
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  9. Many countries are pegging their currencies. That's not special to the Yuan. But why would anybody trade with the Yuan who is in business in the US? An American taxpayer can only pay the government in dollars. It wouldn't matter how much Yuan, gold, Moon dust or Mars tulips they had on their bank accounts. The tax bill is always due in dollars. So if a corporation wants to avoid nasty surprises with their tax bill, they have to trade in dollars. There is no way around that. As long as US corporations are dominating world trade, which will be for a long time to come, dollars it is. No, Yuan, not gold, not Moon dust and not Mars tulips.
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  10. Nobody ever reads what is written on it. It's actually an IOU. :-)
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  11. That's because you never go to the bank to ask for new bills. ;-)
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  12.  @joshmontgomery4040  Are you feeling sorry for yourself, already? That was quick. ;-)
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  13. What does character change about facts, kid? How old are you? :-)
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  14. Russia will have to pay a lot more than $300 billion to Ukraine. What they are doing there will cost the Russian population many trillions of dollars over the course of the 21st century.
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  15.  @johndoe-vc1we  An extension of the EU all the way to Crimea is, of course, worth a pretty penny. :-)
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  16.  @cocosocialistrat8979  You are correct, even Hitler was a better man than Putin. He had the better army, navy and airforce, too. :-)
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  17.  @johndoe-vc1we  That is not what the Russian leadership is thinking, otherwise they wouldn't be mobilizing 60 year old alcoholics. ;-)
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  18. They didn't tell you in high school that tv is entertainment? You clearly need to ask for your money back. You got a crappy education. ;-)
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  19. It was on tv, so it must have been true. Wait... how old were you back then? ;-)
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  20. And there is the man who doesn't understand economics. Not a rare site on the internet. ;-)
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  21.  @SacredCowSlaughterhouse  History is largely driven by economics... and there is your problem. ;-)
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  22.  @SacredCowSlaughterhouse  Are you trying to impersonate Marx, right now? The original was stupid enough, but honestly, none of his impersonators can beat the original. ;-)
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  23. Dude, the world economy is growing. As long as that is the case you absolutely have to print money, otherwise there will be rampant deflation and that is a deadly toxin. And what's a digital currency? :-)
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  24.  @swk327  Inflation doesn't come from money printing. It comes from an imbalance of supply and demand. If you haven't noticed... there is a huge labor shortage and things that used to be plentiful are suddenly missing in the stores. THAT causes inflation. It doesn't matter how little money you print, if something is short in the store, it will be expensive because there is always a buyer who will buy whatever quantity is available at a price that he can afford. If beef was suddenly $10,000 a lbs, the rich would be throwing $1million BBQ parties, even if the Fed would be burning a billion dollars a day. You need to study economics 101. There is no unemployment in the US. The current rate is at 3.5% (which is in the historic lows) and the number of non-farm employees grew by some 233,000. Are you even checking macroeconomic indicators before you write your bullshit? The tech sector is down because it has wasted an enormous amount of money on bullshit like VR and fintech and is now having an investor hangover. Kid, you don't even know the tech sector. China is a late-comer to the COVID game and it is being hit the worst at a time when its population is going into decline. The later has been known for over thirty years (4-2-1-0 families are not good for the labor force) and can't be changed with monetary police, neither by China or any other country. That's dialed in for at least another 30 years. Seriously. Try to learn before you speak. OK? ;-)
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  25.  @swk327  Why are you telling me that you don't know how the stock market works, either? And what's with the crayons, anyway? ;-)
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  26.  @swk327  Why are you telling me that you have not read a single modern book? I really don't care that you can't pull your head out of the intellectual sewer of the 18th century. ;-)
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  27. You don't like the message? You were here to be told that your crypto is worth more than horse shit? Awhhhh... how disappointing for you, kid. ;-)
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  28.  @whateverrandomnumber  You don't have either dollars or horse shit? OK, that really sucks. ;-)
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  29. Dude, you need to get help with that. :-)
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  30. I think we can rename it now to BICS. Russia stopped being a leading emerging country. So that makes four, again. China is flaming out because demographics is destiny and India can't even educate its own population. The same is true for South Africa... and Brazil is self-destructing politically at the moment. So we might as well call them the four economic stooges and the total idiot that went postal. ;-)
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  31.  @johndoe-vc1we  Dude, absolutely nobody wants to be protected by Russia. All Russia does to the countries that it claims to protect is to send their male population to be slaughtered in Ukraine. :-)
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  32.  @johndoe-vc1we  I doubt that Brazilian minds have much in common with either Russian minds or Chinese minds. In any case... the GDP of Brazil is less than that of the State of New York. Let me clarify. The GDP of Brazil is roughly equal to the GDP of the metropolitan area of the City of New York. :-)
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  33. And there is the gold troll who doesn't know that there is not nearly enough gold in the world to make any of that happen. :-)
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  34. And then another 16 years under other democratic presidents. That's the least amount of time the GOP will need to recover from Trump. :-)
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  35. Dude, you need to get help with that. Seriously. ;-)
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  36. I recently visited Europe. The prices there have increased by just as much. It's a global world. The global supply crunch has caused price adjustments everywhere.
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  37. I am sure you have data to prove that. Oh... wait... you are not a data driven person. :-)
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  38.  @kelvinlamarjones  Dude, you can't threaten an old man with the future. He doesn't have one. Just how childish are you, kid? ;-)
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  39. Everybody will stop laughing as soon as Walmart accepts it as payment for underwear and cheap children's bikes. ;-)
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  40. Zeihan is (late) GenX.
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  41. Where, exactly, are you seeing American decline, right now?
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  42. The US dollar has been around since 1792. Dude, why are you showing us that you are clueless about history? :-)
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  43.  @maximilianschwab9668  You didn't tell me why you don't know anything about history. Was your school so bad or you just didn't listen? ;-)
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  44.  @maximilianschwab9668  I did? Not according to the laws and regulations of the United States of America. I simply don't listen to internet trolls like you. ;-)
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  45.  @maximilianschwab9668  And now you are feeling sorry for yourself. ;-)
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  46.  @maximilianschwab9668  You are talking to a physics PhD, kid. And now you are felling REALLY sorry for yourself. ;-)
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  47.  @maximilianschwab9668  Dude, scientists have to be able to THINK freely. Your problem is simply that you are mistaking bullshitting for thinking. :-)
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  48.  @maximilianschwab9668  Dude, I am simply telling you that I don't do crazy. I am a physicist, not a psychiatrist. I can't treat people's delusions. ;-)
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  49.  @maximilianschwab9668  I already told you that I went to grad school. And now you are simply feeling sorry for yourself. :-)
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  50. Everybody will be rolling on the floor laughing about the Saudis. ;-)
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  51. Russia died with the October Revolution. ;-)
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  52.  @johndoe-vc1we  The Bolivian Boliviano is more or less exclusive to Bolivia, too. That must make Bolivians very happy. ;-)
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  53.  @johndoe-vc1we  We are talking about small countries here. India has the GDP of California. Russia has a smaller GDP than Texas and Brazil has less GDP than the state of New York. South Africa has a smaller GDP than Minnesota. Leaves China, which has a rapidly collapsing and aging population and a new Emperor for life. :-)
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  54. Criticism has to be well founded in facts. Patriotism is just a word that is being used to make cannon fodder out of idiots. ;-)
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