How long can the US dollar ponzi scheme continue?

johnyj

legendary

Activity: 1988

Merit: 1012

Beyond Imagination

Quote from: tacoman71 on July 03, 2013, 12:39:20 PM

I don't think the dollar fits the definition of a ponzi scheme.
"An investment swindle in which some early investors are paid off with money put up by later ones in order to encourage more and bigger risks" - Merriam Webster Dictionary

By this definition, most of the large economy activities are ponzi schemes, like pension plan, housing, government bonds etc...

Currently the biggest ponzi scheme is the government bonds investment, of course they don't need later ones to support the early investors, they just need to print more money and sell more debt exponentially to financial the previous debt

ninjarobot

hero member

Activity: 761

Merit: 500

Mine Silent, Mine Deep

Quote from: shad0wbitz on July 03, 2013, 10:08:46 PM

Ergo, the US economy is a big fucking Ponzi scheme.

Perhaps, but you are forced to participate in it (which sucks if you are not on top). That is, until Bitcoin came along. We have a choice now.

shad0wbitz

full member

Activity: 182

Merit: 100

Quote from: deadgiveaway on July 03, 2013, 09:10:06 PM

Quote from: yvv on July 03, 2013, 08:24:47 PM

Quote from: shad0wbitz on July 03, 2013, 07:10:06 PM

Quote from: yvv on July 03, 2013, 07:07:27 PM

I like how boy scouts apply term "ponzi scheme" to everything they ~~don't understand~~ dislike.

To my understanding, the Boy Scouts is an Americunt organization designed to molest little children, isn't it?

Yes, this is what I meant. When little Americunt kids do not understand what are they talking about, they apply template words, which they heard from adults in a boy scout camp, to everything. Like with a "ponzi scheme" case.

how many times do I have to explain, this was not chosen as a template word? In a real Ponzi scheme, no one wins. That's why the United States is in deep trouble.

Agreed. The mechanics of the US economy, at least for the last 20 years since the monetary crisis of the 90's it is a classic Ponzi scheme: It pays old debt with new debt. Or, to put it in other words, bonds/loans and the economy is being floated with money the treasury does not have (borrowing from China/Printing money is not money you have). Ergo, the US economy is a big fucking Ponzi scheme.

deadgiveaway

full member

Activity: 182

Merit: 100

Quote from: tacoman71 on July 03, 2013, 08:31:25 PM

Quote from: deadgiveaway on July 03, 2013, 08:24:03 PM

Quote from: tacoman71 on July 03, 2013, 07:52:38 PM

Quote from: deadgiveaway on July 03, 2013, 07:36:49 PM

Quote from: shad0wbitz on July 03, 2013, 07:27:41 PM

Quote from: Behemot on July 03, 2013, 07:24:29 PM

Quote from: tacoman71 on July 03, 2013, 07:09:37 PM

Then again, I never believed that a private citizen should have an assault weapon. Who the hell needs an assault rifle?!? And don't tell me it's for self defense!

I suggest you getting to know Abraham Lincoln's or Thomas Jeffersons's opinion on that matter, sir.

Quote from: shad0wbitz on July 03, 2013, 07:14:19 PM

I really hope people like you, most americans in this forums, can keep it the land of the free. Don't get me wrong, I don't hate America. I think it was one the beacon of liberty and prosperity, but I think nothing short of a true revolution will change the face of the country to what it should be.

Amen to that. Besides a few interesting points, it has grown into terrible totality in last couple of years. And it's not getting better. But here in Europe, we are going to deep shit as well…

Yes, what just happened in Europe with the president of Bolivia just shows how most EU countries are just US fucking puppets. It is incredible. Can you imagine if a country in the third world denies air space rights to airforce one and proceeds to force them to land to "inspect the plane"?

Are we all fucking crazy???

They did that to deter him, which is indeed a bully tactic and I'm sure Obama gave the order. Told you, US is a ponzi scheme and Obama, although a puppet, is surely on top.

I think this nation is really screwed up but I don't think that the dollar is a ponzi scheme or any type of fraud. True they keep printing money to pay their own screw ups, but what exactly are we investing in the US or the dollar? I just want to hear out your side before I stick to an idea.

well it boils down to blood and biology. science. deep stuff that most cannot comprehend.

Try me. Explain it to me if you really know what you're talking about! : Grin

everyone will find out soon enough. the time where secret things are known to all is called the apocalypse. it's coming, and I'm helping it come by making threads like these.

deadgiveaway

full member

Activity: 182

Merit: 100

Quote from: yvv on July 03, 2013, 08:24:47 PM

Quote from: shad0wbitz on July 03, 2013, 07:10:06 PM

Quote from: yvv on July 03, 2013, 07:07:27 PM

I like how boy scouts apply term "ponzi scheme" to everything they ~~don't understand~~ dislike.

To my understanding, the Boy Scouts is an Americunt organization designed to molest little children, isn't it?

Yes, this is what I meant. When little Americunt kids do not understand what are they talking about, they apply template words, which they heard from adults in a boy scout camp, to everything. Like with a "ponzi scheme" case.

how many times do I have to explain, this was not chosen as a template word? In a real Ponzi scheme, no one wins. That's why the United States is in deep trouble.

tacoman71

sr. member

Activity: 320

Merit: 250

Quote from: deadgiveaway on July 03, 2013, 08:24:03 PM

Quote from: tacoman71 on July 03, 2013, 07:52:38 PM

Quote from: deadgiveaway on July 03, 2013, 07:36:49 PM

Quote from: shad0wbitz on July 03, 2013, 07:27:41 PM

Quote from: Behemot on July 03, 2013, 07:24:29 PM

Quote from: tacoman71 on July 03, 2013, 07:09:37 PM

Then again, I never believed that a private citizen should have an assault weapon. Who the hell needs an assault rifle?!? And don't tell me it's for self defense!

I suggest you getting to know Abraham Lincoln's or Thomas Jeffersons's opinion on that matter, sir.

Quote from: shad0wbitz on July 03, 2013, 07:14:19 PM

I really hope people like you, most americans in this forums, can keep it the land of the free. Don't get me wrong, I don't hate America. I think it was one the beacon of liberty and prosperity, but I think nothing short of a true revolution will change the face of the country to what it should be.

Amen to that. Besides a few interesting points, it has grown into terrible totality in last couple of years. And it's not getting better. But here in Europe, we are going to deep shit as well…

Yes, what just happened in Europe with the president of Bolivia just shows how most EU countries are just US fucking puppets. It is incredible. Can you imagine if a country in the third world denies air space rights to airforce one and proceeds to force them to land to "inspect the plane"?

Are we all fucking crazy???

They did that to deter him, which is indeed a bully tactic and I'm sure Obama gave the order. Told you, US is a ponzi scheme and Obama, although a puppet, is surely on top.

I think this nation is really screwed up but I don't think that the dollar is a ponzi scheme or any type of fraud. True they keep printing money to pay their own screw ups, but what exactly are we investing in the US or the dollar? I just want to hear out your side before I stick to an idea.

well it boils down to blood and biology. science. deep stuff that most cannot comprehend.

Try me. Explain it to me if you really know what you're talking about! : Grin

yvv

legendary

Activity: 1344

Merit: 1000

.

Quote from: shad0wbitz on July 03, 2013, 07:10:06 PM

Quote from: yvv on July 03, 2013, 07:07:27 PM

I like how boy scouts apply term "ponzi scheme" to everything they ~~don't understand~~ dislike.

To my understanding, the Boy Scouts is an Americunt organization designed to molest little children, isn't it?

Yes, this is what I meant. When little Americunt kids do not understand what are they talking about, they apply template words, which they heard from adults in a boy scout camp, to everything. Like with a "ponzi scheme" case.

deadgiveaway

full member

Activity: 182

Merit: 100

Quote from: tacoman71 on July 03, 2013, 07:52:38 PM

Quote from: deadgiveaway on July 03, 2013, 07:36:49 PM

Quote from: shad0wbitz on July 03, 2013, 07:27:41 PM

Quote from: Behemot on July 03, 2013, 07:24:29 PM

Quote from: tacoman71 on July 03, 2013, 07:09:37 PM

Then again, I never believed that a private citizen should have an assault weapon. Who the hell needs an assault rifle?!? And don't tell me it's for self defense!

I suggest you getting to know Abraham Lincoln's or Thomas Jeffersons's opinion on that matter, sir.

Quote from: shad0wbitz on July 03, 2013, 07:14:19 PM

I really hope people like you, most americans in this forums, can keep it the land of the free. Don't get me wrong, I don't hate America. I think it was one the beacon of liberty and prosperity, but I think nothing short of a true revolution will change the face of the country to what it should be.

Amen to that. Besides a few interesting points, it has grown into terrible totality in last couple of years. And it's not getting better. But here in Europe, we are going to deep shit as well…

Yes, what just happened in Europe with the president of Bolivia just shows how most EU countries are just US fucking puppets. It is incredible. Can you imagine if a country in the third world denies air space rights to airforce one and proceeds to force them to land to "inspect the plane"?

Are we all fucking crazy???

They did that to deter him, which is indeed a bully tactic and I'm sure Obama gave the order. Told you, US is a ponzi scheme and Obama, although a puppet, is surely on top.

I think this nation is really screwed up but I don't think that the dollar is a ponzi scheme or any type of fraud. True they keep printing money to pay their own screw ups, but what exactly are we investing in the US or the dollar? I just want to hear out your side before I stick to an idea.

well it boils down to blood and biology. science. deep stuff that most cannot comprehend.

tacoman71

sr. member

Activity: 320

Merit: 250

Quote from: deadgiveaway on July 03, 2013, 07:36:49 PM

Quote from: shad0wbitz on July 03, 2013, 07:27:41 PM

Quote from: Behemot on July 03, 2013, 07:24:29 PM

Quote from: tacoman71 on July 03, 2013, 07:09:37 PM

Then again, I never believed that a private citizen should have an assault weapon. Who the hell needs an assault rifle?!? And don't tell me it's for self defense!

I suggest you getting to know Abraham Lincoln's or Thomas Jeffersons's opinion on that matter, sir.

Quote from: shad0wbitz on July 03, 2013, 07:14:19 PM

I really hope people like you, most americans in this forums, can keep it the land of the free. Don't get me wrong, I don't hate America. I think it was one the beacon of liberty and prosperity, but I think nothing short of a true revolution will change the face of the country to what it should be.

Amen to that. Besides a few interesting points, it has grown into terrible totality in last couple of years. And it's not getting better. But here in Europe, we are going to deep shit as well…

Yes, what just happened in Europe with the president of Bolivia just shows how most EU countries are just US fucking puppets. It is incredible. Can you imagine if a country in the third world denies air space rights to airforce one and proceeds to force them to land to "inspect the plane"?

Are we all fucking crazy???

They did that to deter him, which is indeed a bully tactic and I'm sure Obama gave the order. Told you, US is a ponzi scheme and Obama, although a puppet, is surely on top.

I think this nation is really screwed up but I don't think that the dollar is a ponzi scheme or any type of fraud. True they keep printing money to pay their own screw ups, but what exactly are we investing in the US or the dollar? I just want to hear out your side before I stick to an idea.

deadgiveaway

full member

Activity: 182

Merit: 100

Quote from: shad0wbitz on July 03, 2013, 07:27:41 PM

Quote from: Behemot on July 03, 2013, 07:24:29 PM

Quote from: tacoman71 on July 03, 2013, 07:09:37 PM

Then again, I never believed that a private citizen should have an assault weapon. Who the hell needs an assault rifle?!? And don't tell me it's for self defense!

I suggest you getting to know Abraham Lincoln's or Thomas Jeffersons's opinion on that matter, sir.

Quote from: shad0wbitz on July 03, 2013, 07:14:19 PM

I really hope people like you, most americans in this forums, can keep it the land of the free. Don't get me wrong, I don't hate America. I think it was one the beacon of liberty and prosperity, but I think nothing short of a true revolution will change the face of the country to what it should be.

Amen to that. Besides a few interesting points, it has grown into terrible totality in last couple of years. And it's not getting better. But here in Europe, we are going to deep shit as well…

Yes, what just happened in Europe with the president of Bolivia just shows how most EU countries are just US fucking puppets. It is incredible. Can you imagine if a country in the third world denies air space rights to airforce one and proceeds to force them to land to "inspect the plane"?

Are we all fucking crazy???

They did that to deter him, which is indeed a bully tactic and I'm sure Obama gave the order. Told you, US is a ponzi scheme and Obama, although a puppet, is surely on top.

Behemot

full member

Activity: 152

Merit: 100

What?

shad0wbitz

full member

Activity: 182

Merit: 100

Quote from: Behemot on July 03, 2013, 07:24:29 PM

Quote from: tacoman71 on July 03, 2013, 07:09:37 PM

Then again, I never believed that a private citizen should have an assault weapon. Who the hell needs an assault rifle?!? And don't tell me it's for self defense!

I suggest you getting to know Abraham Lincoln's or Thomas Jeffersons's opinion on that matter, sir.

Quote from: shad0wbitz on July 03, 2013, 07:14:19 PM

I really hope people like you, most americans in this forums, can keep it the land of the free. Don't get me wrong, I don't hate America. I think it was one the beacon of liberty and prosperity, but I think nothing short of a true revolution will change the face of the country to what it should be.

Amen to that. Besides a few interesting points, it has grown into terrible totality in last couple of years. And it's not getting better. But here in Europe, we are going to deep shit as well…

Yes, what just happened in Europe with the president of Bolivia just shows how most EU countries are just US fucking puppets. It is incredible. Can you imagine if a country in the third world denies air space rights to airforce one and proceeds to force them to land to "inspect the plane"?

Are we all fucking crazy???

Behemot

full member

Activity: 152

Merit: 100

Quote from: tacoman71 on July 03, 2013, 07:09:37 PM

Then again, I never believed that a private citizen should have an assault weapon. Who the hell needs an assault rifle?!? And don't tell me it's for self defense!

(EDIT, it was Washington, not Lincoln): I suggest you getting to know George Washington's or Thomas Jeffersons's opinion on that matter, sir.

Quote from: shad0wbitz on July 03, 2013, 07:14:19 PM

I really hope people like you, most americans in this forums, can keep it the land of the free. Don't get me wrong, I don't hate America. I think it was one the beacon of liberty and prosperity, but I think nothing short of a true revolution will change the face of the country to what it should be.

Amen to that. Besides a few interesting points, it has grown into terrible totality in last couple of years. And it's not getting better. But here in Europe, we are going to deep shit as well…

shad0wbitz

full member

Activity: 182

Merit: 100

Quote from: tacoman71 on July 03, 2013, 07:19:23 PM

Quote from: shad0wbitz on July 03, 2013, 07:17:42 PM

Quote from: deadgiveaway on July 03, 2013, 07:10:25 PM

Quote from: yvv on July 03, 2013, 07:07:27 PM

I like how boy scouts apply term "ponzi scheme" to everything they ~~don't understand~~ dislike.

but that's not at all what we're doing. a ponzi scheme is exactly what the United States is, actually, not just the US dollar. who is benefiting from the current system? it aligns exactly with the definition of a ponzi scheme. there is one guy at the top of the pyramid, Obama, and everyone else is below him. tell me what part I'm not understanding. you have all the time and digital writing space you need to explain.

You are right, except that Obama is just a puppet. The true owner of the USA are on top.

For example, did you know that only 6 PEOPLE in the US have MORE money than the BOTTOM 30% combined???

http://www.forbes.com/sites/timworstall/2011/12/14/six-waltons-have-more-wealth-than-the-bottom-30-of-americans/

Welcome to Walmart!

Um, that link takes me to the homepage of Forbes. Can you give us the link of the article you were thinking of?

Sorry, I corrected it. It is the Waltons, owners of wally world! You know, where you can buy tennis shoes sawn by a 7 year old in Pakistan that will last you a week Cheesy

tacoman71

sr. member

Activity: 320

Merit: 250

Quote from: shad0wbitz on July 03, 2013, 07:17:42 PM

Quote from: deadgiveaway on July 03, 2013, 07:10:25 PM

Quote from: yvv on July 03, 2013, 07:07:27 PM

I like how boy scouts apply term "ponzi scheme" to everything they ~~don't understand~~ dislike.

but that's not at all what we're doing. a ponzi scheme is exactly what the United States is, actually, not just the US dollar. who is benefiting from the current system? it aligns exactly with the definition of a ponzi scheme. there is one guy at the top of the pyramid, Obama, and everyone else is below him. tell me what part I'm not understanding. you have all the time and digital writing space you need to explain.

You are right, except that Obama is just a puppet. The true owner of the USA are on top.

For example, did you know that only 6 PEOPLE in the US have MORE money than the BOTTOM 30% combined???

http://www.forbes.com/sites/timworstall/2011/12/14/six-waltons-have-more-wealth-than-the-bottom-30-of-americans/

Welcome to Walmart!

Um, that link takes me to the homepage of Forbes. Can you give us the link of the article you were thinking of?

tacoman71

sr. member

Activity: 320

Merit: 250

Quote from: shad0wbitz on July 03, 2013, 07:12:47 PM

Quote from: tacoman71 on July 03, 2013, 07:09:37 PM

I only agree with part of what you said. But then again what you said about the NSA fiasco is true. I don't understand how people don't care that their 4th amendment rights are being infringed without the knowledge of the public! At least with the gun control, people are aware that it might happen. Then again, I never believed that a private citizen should have an assault weapon. Who the hell needs an assault rifle?!? And don't tell me it's for self defense!
But what you said about likening the current situation to the fall of the roman empire is false IMHO. Such a superpower can't just live for only a few centuries except for a few circumstances ie a world apocalypse.

Your points are taken, and all very valid. However, with the acceleration of technology and overpopulation, things are happening faster. I do agree that if the US fall, it will be massive caos, or perhaps because of massive caos the US will fall. We can call it an apocalypse. I don't like that term though because it is so inherently related to the dumbest, most evil fairy tale ever told: The Bible.

Point taken.

shad0wbitz

full member

Activity: 182

Merit: 100

Quote from: deadgiveaway on July 03, 2013, 07:10:25 PM

Quote from: yvv on July 03, 2013, 07:07:27 PM

I like how boy scouts apply term "ponzi scheme" to everything they ~~don't understand~~ dislike.

but that's not at all what we're doing. a ponzi scheme is exactly what the United States is, actually, not just the US dollar. who is benefiting from the current system? it aligns exactly with the definition of a ponzi scheme. there is one guy at the top of the pyramid, Obama, and everyone else is below him. tell me what part I'm not understanding. you have all the time and digital writing space you need to explain.

You are right, except that Obama is just a puppet. The true owner of the USA are on top.

For example, did you know that only 6 PEOPLE in the US have MORE money than the BOTTOM 30% combined???

http://www.forbes.com/sites/timworstall/2011/12/14/six-waltons-have-more-wealth-than-the-bottom-30-of-americans/

Welcome to Walmart!

tacoman71

sr. member

Activity: 320

Merit: 250

Quote from: shad0wbitz on July 03, 2013, 07:10:06 PM

Quote from: yvv on July 03, 2013, 07:07:27 PM

I like how boy scouts apply term "ponzi scheme" to everything they ~~don't understand~~ dislike.

To my understanding, the Boy Scouts is an Americunt organization designed to molest little children, isn't it? I don't see how anybody correctly asserting that the US Dollar (and the US economy as a hole) is a Ponzi scheme is a boy scout?

Do you understand about subprime mortgages? Or how about the wall street bail out? Those to you are not Ponzi schemes?

Sir, whoever the hell you are, I salute you Cool

!

deadgiveaway

full member

Activity: 182

Merit: 100

Quote from: shad0wbitz on July 03, 2013, 07:12:47 PM

Quote from: tacoman71 on July 03, 2013, 07:09:37 PM

I only agree with part of what you said. But then again what you said about the NSA fiasco is true. I don't understand how people don't care that their 4th amendment rights are being infringed without the knowledge of the public! At least with the gun control, people are aware that it might happen. Then again, I never believed that a private citizen should have an assault weapon. Who the hell needs an assault rifle?!? And don't tell me it's for self defense!
But what you said about likening the current situation to the fall of the roman empire is false IMHO. Such a superpower can't just live for only a few centuries except for a few circumstances ie a world apocalypse.

Your points are taken, and all very valid. However, with the acceleration of technology and overpopulation, things are happening faster. I do agree that if the US fall, it will be massive caos, or perhaps because of massive caos the US will fall. We can call it an apocalypse. I don't like that term though because it is so inherently related to the dumbest, most evil fairy tale ever told: The Bible.

I have to disagree with you on the Bible part. The Bible is the truest thing that has ever been misinterpreted. It depends on how you read it. I've long been a defender of the Bible and I know where this conversation will end up so I'm just going to leave my disagreement at that, a mere disagreement.

shad0wbitz

full member

Activity: 182

Merit: 100

Quote from: btceic on July 03, 2013, 07:09:28 PM

While I agree with most of what you said (I live in the us), the perception that allot of people actually believe in the garbage that is spewed via the media outlets is simply untrue. The retards that believe in that crap are the vocal minority which grows smaller and weaker as the years progress.

America the land of the free, we take all comers, even the retards...

I really hope people like you, most americans in this forums, can keep it the land of the free. Don't get me wrong, I don't hate America. I think it was one the beacon of liberty and prosperity, but I think nothing short of a true revolution will change the face of the country to what it should be.

Topic: How long can the US dollar ponzi scheme continue? (Read 5358 times)