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[McDuck]

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[McDuck]

Sorry buddy.
Totally wrong... yet again.

The old system has run to the end of its practical application.
like a plant that has reached the size of its pot.



It was a good 50 year run while it lasted.
Thank you Richard Millhouse Nixon.
Who...

[McDuck]

Totally created by not putting the breaks on early with the money printing and going on a 4 month holiday.



You forgot immigration and union busting to suppress wages.
Immigrants to work as low paid slaves.
Union busting to stop the next generation of workers from...

[McDuck]

What is this?
Is it actual people or just some sort of story to teach a moral?
Similar to how the Bible uses stories to teach the wisdom and folly of certain morals and ways of life?
Or how Asop's fables teaches about personality types?
But as we talk of stories, lets wander...

[McDuck]

Nope.

In the old days yes.

But these are unusual times.

Banks have cashflow retirements just like yourself.

Both of you might find yourself in the same bind.

...

[McDuck]

Your good old Uncle Scrooge is only trying to let you know, that while you are saying how smart you are to have so many teeny weeny jellybean sized ice creams..
the dairy owner and your cuzzies are grinning secretly to themselves and thinking " that boy is an egg".
Lets repeat...

[McDuck]

You're missing the big picture.
Your cuzzies have offered to come along to the dairy to help you carry the ice creams home.
But that's not what's going to happen.
That's just what they say to get you to let them come.
as soon as you put a few ice creams in their hands..
...

[McDuck]

You freshies really don't see the big picture.
Printing money only dilutes the money in circulation.
You cant actually make any new money.
just cut the existing money up into smaller bits.
The second problem is that the plonkers doing the chopping up take a cut for the fake service....

[McDuck]

That's wrong. The FED rules the international money supply.

[McDuck]

The central banks can't use those old tricks anymore.
They have stopped working.
This has finally dawned on them.
Sorry bud, the low interest rates have gone for good....

[McDuck]

That guy is wrong.
Very few people have got the new FED game plan figured out.
Did find one lady who had a pretty good idea of it though.
.
Do you remember when the RBNZ went on holiday after dumping a bunch of cash into our economy.
Mid Covid. it was.
They were...

[McDuck]

You freshies forget that 2% interest rates aren't " normal".

They are an unnatural and unsustainable hyper low rate that we won't see again.
Purely a short term emergency tactic.
Nothing more.

7% is the sustainable norm.
In truth 10%...
(but...

[McDuck]

Don't forget that this thread was designed specifically for Jeffa to voice his opinions without getting branded a conspiracy theorist....