UNEX THE DEBT CLOCK IS RUNNING BACKWARDS

Laurelayn

Laurelayn

Veteran Member
Wow, those numbers are insane! Especially the debt per taxpayer and citizen numbers.
What the hell does the dollar supply going backwards mean? Very strange to me.
 
D

DuckandCover

Proud Sheeple
kytom said:

Look to the right they have highlighted dollar to gold, dollar to silver with yellow arrows it shows zero. Also the dollar supply is going backwards. Anybody know why this is happening? It seems like they're trying to tell us something! I put this under unexplained because it's unexplained.
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Quantitative tightening. The Fed is taking dollars out of circulation. It is one way to fight inflation.
 
kytom

kytom

escapee from reality
Laurelayn said:
Interesting take West. Could this be a precursor to their “cashless society “?
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Fewer and fewer places are taking cash. Took my friend to the airport. She had an extra bag and they wanted $35. They would not accept cash. They said to go down to the machine that dispensed cards put in $50 with the $6 charge and come back to pay for the bag. I used my credit card. I'm staying in a hotel right now. They have Cokes, potato chips for snacks. Could not pay for a Coke with cash. Told them I would not put $3 on my credit card. All of a sudden she said we can take cash. We all need to be prepared because It's coming Sooner than we think.
 
Dobbin

Dobbin

Faithful Steed
Laurelayn said:
So less cash in circulation will drive prices down?
I can’t wrap my brain around that reasoning.
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Less cash in circulation makes each dollar remaining more valuable - and you need less dollars (prices drop) to make your purchase of Duncan Donuts Apple Fritter (just to make an example.)

Of course the problem with reducing inflation is that inflation gets "baked in" to the pricing structure. People expect things to cost more - so they do.

The problem with inflation is that EVENTUALLY everyone runs out of dollars in their pocket. Prices (outflow) go ahead of income (inflow of money.) I.e. price increases are IMMEDIATE and wages/income are set by mutual agreement between worker and employer.

So they don't buy the Fritter and keep the small number of dollars they do have intact for emergency or other higher priority. Which reduces "circulation." Which reduces trade. Which reduces jobs. Which further reduces "circulating cash." I.e. a "spiral" downwards - as in BUSINESS DEPRESSION.

Which is natures way of correcting an inflation.

Dobbin
 
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Kathy in FL

Kathy in FL

Administrator
_______________
kytom said:
Fewer and fewer places are taking cash. Took my friend to the airport. She had an extra bag and they wanted $35. They would not accept cash. They said to go down to the machine that dispensed cards put in $50 with the $6 charge and come back to pay for the bag. I used my credit card. I'm staying in a hotel right now. They have Cokes, potato chips for snacks. Could not pay for a Coke with cash. Told them I would not put $3 on my credit card. All of a sudden she said we can take cash. We all need to be prepared because It's coming Sooner than we think.
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It has been like this since pre-covid. In the beginning it was a function of businesses were losing too much money to fraud. I also heard some places were getting swamped by counterfeit money. Now I hear it is a matter of safety because it is preventing theft and robbery.

One excuse is as likely as any other and to some extent they are true. But in reality, this is just the next plateau towards the "cashless society" they've been seeking. But it is a plateau. Until they have the infrastructure at near 90+% they are not going to do anything but create "sanctuaries" for cash and cash users. We were on Marco Island not that long ago and one of the hole-in-a-wall restaurants there only accepts cash. I talked up the manager a bit and they said it was because they lose power enough on the island, and because of the expense of running CC and debit cards, that they have just always gone cash-only. And you pay upfront when you order.
 
Dobbin

Dobbin

Faithful Steed
Laurelayn said:
Does the dollar supply reflect just physical money or does it include the magical digital money supply too?
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The dollar supply reflects just FEDERAL MONEY. Digital dollars i.e. dollars caught up in Credit Debt, advances, unpaid wages (end of the week is payday) are all created "at risk" by the private sector. At risk meaning the credit debt is liable to go unpaid - but the credit card company takes the risk. Advances are paid out with only assurance of the supplier that it will be provided, unpaid wages you are at the honor of your employer to "make you whole" at the end of the week.

Were all the digital dollars "paid off" tomorrow - the Federal Money available would be the same.

And - in effect - your Federal Government is "taking the risk" on that. Known as "backing" your dollar.

Since 1971 thanks to Nixon and the Republicans is NOT backed in gold - but in the "faith and trust" of the population in the US Federal Reserve.

(spit.)

Dobbin
 
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D

DuckandCover

Proud Sheeple
Dobbin said:
The dollar supply reflects just FEDERAL MONEY. Digital dollars i.e. dollars caught up in Credit Debt, advances, unpaid wages (end of the week is payday) are all created "at risk" by the private sector. At risk meaning the credit debt is liable to go unpaid - but the credit card company takes the risk. Advances are paid out with only assurance of the supplier that it will be provided, unpaid wages you are at the honor of your employer to "make you whole" at the end of the week.

Were all the digital dollars "paid off" tomorrow - the Federal Money available would be the same.

And - in effect - your Federal Government is "taking the risk" on that. Known as "backing" your dollar.

Since 1971 thanks to Nixon and the Republicans is NOT backed in gold - but in the "faith and trust" of the population in the US Federal Reserve.

(spit.)

Dobbin
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I may not have understood what "digital money" we are talking about. I was thinking that we were referring to money that didn't physically exist, but only exists on paper. Think of the value of all the checking accounts in a bank vs the actual amount of physical dollars at the bank.

Anyway, here is a brief description of what is included in M1, M2 and M3:

www.clearcapital.com

M1, M2 and M3

M1, M2 and M3 are Measurements of the United States money supply, known as the money aggregates. M1 includes money in circulation plus checkable deposits in banks. M2 includes M1 plus savings deposits (less than $100,000) and money market mutual funds. M3 includes M2 plus large time deposits in...
www.clearcapital.com
 
Laurelayn

Laurelayn

Veteran Member
So, is the “ US federal reserve” like a “wildlife reserve” populated and financed by us but owned by the federales? We have been lied to about so much for so long I am questioning everything now, including their friggin language trickery.
 
A

All4liberty

Senior Member
My guess is that as bankruptcies happen, the debt is wiped out which reduces the money supply. Leading to deflation.
 
phloydius

phloydius

Veteran Member
Laurelayn said:
Does the dollar supply reflect just physical money or does it include the magical digital money supply too?
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Almost all money is digital "money" -- including yours. Physical paper currency (a Federal Reserve Note) is only a very tiny portion of money supply. When you put that cash into a bank, it is converted to digital currency, and the local bank.

That local bank can then loan out your money, while also keeping it in the account, effectively "creating digital money".
 
Dobbin

Dobbin

Faithful Steed
phloydius said:
That local bank can then loan out your money, while also keeping it in the account, effectively "creating digital money".
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YES - but the private bank takes on the risk associated with that loan.

FedGov takes NO risk - at least not that risk. And if Fed member banks "get in over their heads" (Think Silicon Bank and the two others) the Fed "makes it up" and covers for the loss. As in - this is the good side of a Federal Reserve. It can cover for a single bank that goes under and "preserve the system."

Of course EVERYONE else is covering for it through inflation of the currency: Fed prints more money to cover for the money that evaporated in Silicon Bank - but EVERYONE finds their dollars are worth less.

I.e. the Fed "stole" from you to give to bank/investor/creditor of failed bank.

Part of the reason for credit "drying up" in economic downturns is the reluctance of banks to assume the risk. With business generally not doing well, banks will make sure any loans made will get paid back: terms of loans will get "harder" even as the loan will get less likely to be made.

And, what about more than one Fed member bank failing - if they all fail - a business "crash" then more money gets printed? At what point do wheelbarrows come into play in transactions?

Dobbin
 
CaryC

CaryC

Has No Life - Lives on TB
Saw a couple of headlines this AM. Don't know if it applies.

Gold and Silver going down. Dollar against EU, others going up. I take that to mean it takes more Euro's to buy dollars. they are saying also that yields are going up, on bonds.

30 Year Yields Hit Highest Since 2007 One Day After CNBC's Santelli Suggests 10 Year Could Go To 13% | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com www.zerohedge.com

And all of this is after we didn't default. At least for 45 days.

It's Deja Vu All Over Again: Futures Tumble As Yields Surge | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com www.zerohedge.com
 
LoupGarou

LoupGarou

Ancient Fuzzball
West said:
WAG, there destroying more cash than there printing?

IDK
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All of the other countries that are getting rid of the Treasuries that they have been holding and are switching to BRICSofgold.
The FedRes is having to buy those Treasuries back so that the system does not implode/explode immediately.
Dollars are disapperaing, both in paper and digital, it's just not going to be for your benefit...
Think of it as a plan to give them some pseudo-liquidity to hold them till sometime before the middle of Nov.

I'm betting way less than that.

The fuse has been lit, the die cast, the ball rolling (that was back in the late 1800s). It's just a matter of time.

GYSER.
BOHICA.
 
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