John Beasley

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    John Beasley posted an update 5 years, 2 months ago

    Question, do you think there will be a credit freeze in the next +-month? i.e. would all cash in the bank would be frozen? Next question, has anyone exchanged US dollars for other currencies? what would you suggest buying?

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      Foglamp replied 5 years, 2 months ago

      Making decisions about financial markets which are all rigged, corrupt and broken is tricky, to put it mildly, as well as a bit of a fools’ errand; but (unless we have access to a barter economy) we all need to hold our spending currency at least. Storing it under the mattress is one sort of risk. The counter-party risk of lending it to…

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      Foglamp replied 5 years, 2 months ago

      The removal of digital currency could be done even more quickly than over night. The devaluation (or price inflation) which you fear is one form of the theft risk I mentioned above. We’re all trying to navigate safely the same minefield!

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        Foglamp replied 5 years, 2 months ago

        “Brownie points.” That’s brilliant! If they hide them in plain sight, perhaps giving them the ISO code “BPT,” we’ll know that you were right!

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          Ken replied 5 years, 2 months ago

          I’ll throw my 2 cents in on this one. The credit “freeze” happened 13 years ago and the “Fed” has not but for a brief moment in 2018 stopped printing that funny money we all need to survive, and hand it back to themselves. Started to “freeze” again 9/2019 and roughly $100 billion a day in short term loans was floated, partially explains…

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        John Beasley posted an update 5 years, 2 months ago

        Is it true that if everyone who voted for Trump bought 2 silver dollars we could bankrupt JP Morgan? That is much better than giving Trump $100 dollars. Also every 4 years rather than voting people could just buy 2 silver coins and get a new government.

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          justawhoaman replied 5 years, 2 months ago

          You would have to find the physical first.

          • Profile picture of DanaThomas
            DanaThomas replied 5 years, 2 months ago

            In my view yes. The material presented by websites like Road-to-Roota, Arcadia Economics and others is convincing. In a nutshell,the precious metals market rigging in place for over a century, now augmented with the derivatives house of cards, has not been able to keep up with rising industrial demand (for its electrical properties) and…

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              DanaThomas replied 5 years, 2 months ago

              However, getting a coin would not replace voting 🙂

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                  EnabledVet replied 5 years, 2 months ago

                  But what has voting gotten us? Did your vote count in the 2020 election? If not, what makes you think it will count next election?
                  I think it’s time the American People begin a “Just Walk Away” campaign and show the pigs in D.C. they no longer have our support. Even if they fake another election and say 150 million voted for their…

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                  Foglamp replied 5 years, 2 months ago

                  To vote is to feed a rigged, corrupt and broken system, a system which should be starved instead. Buying a coin is in effect a vote of protest and will probably do oneself and one’s family some long-term good.

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                  Ken replied 5 years, 2 months ago

                  The Dollar to Silver ratio on the US Debt clock is $4,800…. not that it means anything in our current dystopian reality.

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                John Beasley became a registered member 5 years, 2 months ago

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