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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Let 'er rip, tater chip...

Let 'er rip, tater chip...

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  • JollyJ Offline
    JollyJ Offline
    Jolly
    wrote on last edited by
    #1

    If that's what it takes to make the Washington idiots financially responsible...

    https://justthenews.com/politics-policy/debt-ceiling-fight-may-cause-financial-collapse-greece-and-lead-major-violence

    “Cry havoc and let slip the DOGE of war!”

    Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

    1 Reply Last reply
    • taiwan_girlT Offline
      taiwan_girlT Offline
      taiwan_girl
      wrote on last edited by
      #2

      I thought this was interesting. I believe that @jon-nyc spoke about this before.

      "Eighty-five percent of all of the dollars in circulation have been created in the last 15 years. And it's purely to fund federal deficits, ..."
      alt text

      AxtremusA 1 Reply Last reply
      • taiwan_girlT taiwan_girl

        I thought this was interesting. I believe that @jon-nyc spoke about this before.

        "Eighty-five percent of all of the dollars in circulation have been created in the last 15 years. And it's purely to fund federal deficits, ..."
        alt text

        AxtremusA Offline
        AxtremusA Offline
        Axtremus
        wrote on last edited by
        #3

        @taiwan_girl , your chart stops at 2012.
        Try this: https://fred.stlouisfed.org/series/BOGMBASE

        The St. Louis fed chart has data up to the last quarter.

        Spoiler alert: the line goes up a lot more after 2012.

        1 Reply Last reply
        • jon-nycJ Offline
          jon-nycJ Offline
          jon-nyc
          wrote on last edited by
          #4

          That graph stops a decade ago, tg. The reality is much worse.

          Three years ago this month, the fed quadrupled the money supply in a single month.

          69A5ED5A-1129-40ED-8312-6942DF5D7E2D.jpeg

          Only non-witches get due process.

          • Cotton Mather, Salem Massachusetts, 1692
          1 Reply Last reply
          • LuFins DadL Offline
            LuFins DadL Offline
            LuFins Dad
            wrote on last edited by
            #5

            And seeing as how the dollar is the highest traded currency in the world at close to 3 trillion dollars per day, maybe US fiscal policy has a bigger effect on the rest of the world than previously suspected?

            The Brad

            1 Reply Last reply
            • jon-nycJ Offline
              jon-nycJ Offline
              jon-nyc
              wrote on last edited by
              #6

              US monetary policy certainly does.

              Only non-witches get due process.

              • Cotton Mather, Salem Massachusetts, 1692
              1 Reply Last reply
              • JollyJ Offline
                JollyJ Offline
                Jolly
                wrote on last edited by
                #7

                Hard to buy votes when you run out of money.

                “Cry havoc and let slip the DOGE of war!”

                Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                1 Reply Last reply
                • taiwan_girlT Offline
                  taiwan_girlT Offline
                  taiwan_girl
                  wrote on last edited by
                  #8

                  @Axtremus @jon-nyc

                  Yes, that is the chart I remember. Thanks!!!

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