We're saved . . . we get money just like the banks do!!!, page 3
Pages: <<  1    2    3    4    5    6  >>
ATS Members have flagged this thread 13 times


reply posted on 12-2-2009 @ 10:27 AM by sty
reply to post by stikkinikki



Pay to WHO? that is the little dirty secret. the government borrows from the FED. Fed creates the money from NOTHING. 80% of your US existing debt is between your government and the banks. Close all the banks (let them collapse!) , restart all the money system and never allow the FED to be private and you get 5 times less debt. Look at what Germany did after WW2. Before this , their notes used to look like this:






reply posted on 12-2-2009 @ 10:32 AM by sty
and one more - just for "fun" :





You can buy this with 15 Euro .Maybe this is the kind of trillions Obama has in mind..

[edit on 12-2-2009 by sty]


reply posted on 12-2-2009 @ 10:32 AM by Bombeni
reply to post by sty



What do you think a person should do with (what little) money we do have in the bank now? Take it out and just hold it as cash? Convert to another currency?


reply posted on 12-2-2009 @ 10:33 AM by marg6043
reply to post by sty



While that sound good, is up to the people in this nation to take that step and force this nations government to do that.

The only reason the Fed has been so successfully in raping this nations tax payer is because Americans are to happy with been screwed.

Start a revolution or a civil unrest and you will see the fat rats jumping the boat and running away.

[edit on 12-2-2009 by marg6043]


reply posted on 12-2-2009 @ 10:34 AM by Common Good
reply to post by Stormdancer777



ROFLMAO!! oh my.
My bad, i read that wrong. hahahah.



reply posted on 12-2-2009 @ 10:37 AM by sty
reply to post by Bombeni



well, depends on what you mean with "little" , it also depends on your circumstances too. I would invest in renewable energy (wind turbines, solar pannels etc) and food stocks. Also if the "little" is big enough , maybe buy a small car with faulty engine (that would be cheap to buy) and convert it to run on electricity.
The end ideea is to try to be as independent as possible. If the economy does not collapse , you can still use your investment for years to come !


reply posted on 12-2-2009 @ 10:41 AM by Bombeni
reply to post by sty



I'm just talking a few thousand bucks. Do you think the banks will collapse? What about FDIC?

My son has 10K in stocks, about half what it was worth a year ago. He is stubbornly (imo) holding onto it because he said that is the problem people bailing out from fear, and that you have to "ride the wave" with stocks. I hate to see him lose every bit of it but I would not try to tell him what to do, he's 28 years old. I did hint around that I was concerned about it though.


reply posted on 12-2-2009 @ 10:54 AM by sty
reply to post by Bombeni



Sorry, I am not in a position to provide professional help with this , but I know a few things: the more money Obama will put in the system, the less valuable the US$ will be.

As a little example:
Money should represent wealth . Let say you have 10 apples. For each apple you have, you create a note - so every note represents one apple. Then you give those notes around to your friends, and they exchange those notes as they were real apples.

but at a point, they come to you and say " we need more notes, please help us" . Then you decide to print another 10 notes! But you have 10 apples only , and 20 notes. As a result , every note represints only a half on an apple.

Sure, this is a very simpliffied example.

I used to live in Romania ( going back to Romania within a few years) and I remember back in 1991-1993 we had inflation of 154 % a year . Not as bad as Zimbabwe , but still.. bad!

What I see now happening in the US , is a similar pattern. Creation of money will lead to inflation and decrease of economical performance.

My belief is that keeping US$ at the moment is not a very good choice due the high ammount of us$ to be created soon. Any currency good? not really , as US will drag down all the worlds economy.

as I said- maybe the best thing to do with 10 000 is to invest in resources that can be used for a long period of time.

If you have your own house , buy a wind turbine , a solar pannel etc. A new solar pannel can give you an output of 30 years of energy - so you store your money in a SAFE way. If you live close to the sea-side, wind-turbines are great investment !

A wind turbine will pay itself in 5 years , a solar pannel in 20. But at least it is not wasted!



[edit on 12-2-2009 by sty]


reply posted on 12-2-2009 @ 10:58 AM by Stormdancer777
Originally posted by Bombeni
reply to
post by sty



What do you think a person should do with (what little) money we do have in the bank now? Take it out and just hold it as cash? Convert to another currency?


I thought we were going to Micky D's?

You buy'in?



reply posted on 12-2-2009 @ 11:02 AM by Bombeni
reply to post by sty



Yes I see your point and that is a very good way to describe it.

I hear you can buy a house that two years ago sold for half million, today can buy for $100,000 - 150,000. But if inflation goes sky high, the payment would be about the same. I remember what you are talking about in 1990. A friend of mine bought a little one bedroom condo, with 23% interest rate. She paid more for it, a lot more, than renting a one bedroom condo.

Obama has already stated that we can re-elect a different guy in four years, even HE is coming down to earth now.


reply posted on 12-2-2009 @ 11:14 AM by Bombeni
Originally posted by Stormdancer777
Originally posted by Bombeni
reply to
post by sty



What do you think a person should do with (what little) money we do have in the bank now? Take it out and just hold it as cash? Convert to another currency?


I thought we were going to Micky D's?

You buy'in?


Sure, my treat, the sky's the limit from the dollar menu. We may need to start getting used to the idea of just getting something in our stomachs to call off the dogs.


reply posted on 12-2-2009 @ 11:16 AM by sty
reply to post by Bombeni



In my opinion, Obama did not understand the situation very well. He was so enthusiastic with winning against Hillary , then the US elections that he did not manage to notice how the things go. I wish him good luck, you really need a genius to fix this mess. No country will be unaffected by this as the US is too big to sink unnoticed ..
Pages: <<  1    2    3    4    5    6  >>    ^^TOP^^



USDA Forces Whole Foods To Accept Monsanto
  Posted 9 days ago with 99 member flags
Greece wipes out Citizens Debt!! Tells Bankers to suck it
  Posted 10 days ago with 78 member flags
The Collapse of The American Dream Explained in Animation
  Posted 17 days ago with 53 member flags
Obama on the verge of a deal with the banks
  Posted 15 days ago with 23 member flags
EU financial dictatorship agreed to by EU ministers last night
  Posted 17 days ago with 17 member flags
Bankers requesting that Greece become their debt slaves
  Posted 13 days ago with 15 member flags