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January 20th 2025 - Donald Trump is BACK!

Serious question, what if Donald declares the interest on the national debt to be illegal and pays off the debt with the payments that have already been made?
Pardon my financial ignorance but isn’t that debt tied up in Tbills and bonds? Individuals and nations buy them with anticipated interest as part of the deal. Wouldn’t that blow everything up?
 
Pardon my financial ignorance but isn’t that debt tied up in Tbills and bonds? Individuals and nations buy them with anticipated interest as part of the deal. Wouldn’t that blow everything up?
I’m referring to the interest paid to the Federal Reserve, which isn’t federal nor has it any reserves.
 
Hyperinflation is NOT a given - as I just pointed out. It requires specific intervention (almost always by government, or the Public-Private Licensed Printer) to carry out.
Loss of confidence in money will cause hyperinflation by itself, even without printing.

But the other side of the fiat money death spiral (ice, 'money supply' implosion) is the alternative. Absent the printing, the debt spiral reduce the circulating currency to zero as it disappears.
Care to explain more? Your mean debt payment reduces amount of money in circulation?
 
Loss of confidence in money will cause hyperinflation by itself, even without printing.


Care to explain more? Your mean debt payment reduces amount of money in circulation?
Do the math. If some currency-printing entity prints $1, and even ONLY $1 - out of nothing - and then LOANS it to you, demanding interest, say even as little as 1%, but you must pay it back...

...where does that extra penny come from?


(BTW - as of this week, since they cost almost 4 cents to mint - they aren't even making THOSE any more! :) )

There is not enough printed money in existence, plus interest, to EVER "pay back" what has been loaned into existence. Loaning MORE into existence just makes the problem worse.


The collapse [default] mechanism we already see. Cascading debt collapse. Derivatives and other 'financial WMDs' hide the issue in complexity - but ultimately, it plays out just like we see. Deutsche Bank, for one obvious example, goes belly-up. Oops. They owe Bank X, which owes bank Y, which owes...

This week, in the Cesspool of SF, a mall that was loaned ['valued at'] over a billion bucks defaulted, and was foreclosed. At 11% of value. Where did that extra 900 million fake bucks, or so, 'go'? The fingers are in the dyke.
 
Loss of confidence in money will cause hyperinflation by itself, even without printing.
PS> True, but it's even simpler than that. "Loss of confidence" (nobody wants monopoly money) just means it goes back to its intrinsic value:

Zero.

Call it 'hyperinflation' if you want.
 
Pardon my financial ignorance but isn’t that debt tied up in Tbills and bonds? Individuals and nations buy them with anticipated interest as part of the deal. Wouldn’t that blow everything up?
It is GOING to 'blow up.' EVERY, and that means EVERY, single fiat currency in human history ALWAYS ultimately has.

The Bible (end of Deuteronomy chapter 25) says it carries a curse. And He is right. Notice the connection to Amalek, too!
 
PS> True, but it's even simpler than that. "Loss of confidence" (nobody wants monopoly money) just means it goes back to its intrinsic value:

Zero.

Call it 'hyperinflation' if you want.
There is no intrisic value. All values is subjective, ie. given by person according to how useful to person is.
 
Do the math. If some currency-printing entity prints $1, and even ONLY $1 - out of nothing - and then LOANS it to you, demanding interest, say even as little as 1%, but you must pay it back...

...where does that extra penny come from?

Maybe by increasing velocity of money. Pay interest first, bank buys something with interest, get money from seller to bank, now you pay principal.

Or pay principal in money and interest in barter.

There are possibilities.
 
Update:

The headlines keep getting one-upped..."Trump stabs MTG...UN-endorses his once-primary supporter"...


This after reversals like...no missiles to Ukraine, then, yeah, go ahead and attack into Russia.
Epstein files coming soon, no, not really.
Too many CCP 'students' from China; oops - let's bring in 300K MORE to undermine the nation, spy on national security, and support "indoctrination centers" that he promised to cut off.

What did that imposter do to the Real Donald Trump???

(And his approval rating among "Gen Z" has dropped from an incredible 60% in January to 35% most recently (Rasumssen).

I can't help but wonder - did he sell out? Did someone credibly threaten Melania, or Baron? Did he get informed that the CCP and PLA really DO have seven divisions in AmeriKa, ready to strike, and that masses of troops are also in Canada and south of the border, ready to unleash hell? So - give up?

Some of even know that the Covid Zyklon-B injection can induce passivity and suggestibility. He just took more boosters, and - unlike some - we can pretty much guarantee did NOT get a placebo.

Something is horribly wrong, and has changed dramatically.
 
Update:

The headlines keep getting one-upped..."Trump stabs MTG...UN-endorses his once-primary supporter"...


This after reversals like...no missiles to Ukraine, then, yeah, go ahead and attack into Russia.
Epstein files coming soon, no, not really.
Too many CCP 'students' from China; oops - let's bring in 300K MORE to undermine the nation, spy on national security, and support "indoctrination centers" that he promised to cut off.

What did that imposter do to the Real Donald Trump???

(And his approval rating among "Gen Z" has dropped from an incredible 60% in January to 35% most recently (Rasumssen).

I can't help but wonder - did he sell out? Did someone credibly threaten Melania, or Baron? Did he get informed that the CCP and PLA really DO have seven divisions in AmeriKa, ready to strike, and that masses of troops are also in Canada and south of the border, ready to unleash hell? So - give up?

Some of even know that the Covid Zyklon-B injection can induce passivity and suggestibility. He just took more boosters, and - unlike some - we can pretty much guarantee did NOT get a placebo.

Something is horribly wrong, and has changed dramatically.
US enemies spreading idiocy that Trump isn't doing enough.

That's real issue.

There was new release of Epstein files by democrats which only confirmed that Russiagate was hoax, Epstein and Trump hated each other, Trump is responsible for putting Epstein in jail first time, Epstein tried to remove Trump from power.

No wonder Trump is calling Epstein hoax. There aren't pedophiles kiddling your children, nor Epstein files can put black mark on him.

Whole thing is waste of energy.

No mentioned is bloody stupidity by his supporters incapable of thinking. Trump does anything which I dislike. Traitor and betrayal.

H1B discourse is great example. So he cut off new cheap labor while preserving current business. Tax cuts will create new jobs to be filled by Americans.

But that is betrayal. Real man would throw out all HB1Bs without providing adjustment period for existing business which would destroy their competivness which means no jobs for Americans.

There is also issue of general lack of skills. Americans don't have best practices for many industries which means no competivness for US business. Only way is to temporaly import people with best practice skills to train Americans. But for morons that is betrayal.
 
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Update:

The headlines keep getting one-upped..."Trump stabs MTG...UN-endorses his once-primary supporter"...


This after reversals like...no missiles to Ukraine, then, yeah, go ahead and attack into Russia.
Epstein files coming soon, no, not really.
Too many CCP 'students' from China; oops - let's bring in 300K MORE to undermine the nation, spy on national security, and support "indoctrination centers" that he promised to cut off.

What did that imposter do to the Real Donald Trump???

(And his approval rating among "Gen Z" has dropped from an incredible 60% in January to 35% most recently (Rasumssen).

I can't help but wonder - did he sell out? Did someone credibly threaten Melania, or Baron? Did he get informed that the CCP and PLA really DO have seven divisions in AmeriKa, ready to strike, and that masses of troops are also in Canada and south of the border, ready to unleash hell? So - give up?

Some of even know that the Covid Zyklon-B injection can induce passivity and suggestibility. He just took more boosters, and - unlike some - we can pretty much guarantee did NOT get a placebo.

Something is horribly wrong, and has changed dramatically.
Good questions.
I don’t get it.
 
I can’t believe I’m in this position. For years, I did everything but support Trump, and now, I’m here defending each of these latest issues.

Epstein? Campaign bluster. He knew he, himself, wasn't a pedo. If he was, the Dems could have outed him long ago. But, releasing further info could jeopardize international security. I truly believe Epstein was involved in that world.

Missiles to Ukraine? Campaign bluster meets reality. It’s also strategy. He’s currently isolating Russia, Iran and China. The trade and ME peace deals. The beefing up of NATO and engaging other Asian nations is all part of the strategy. It’s chess, not checkers.

The visas? Come on. Stop being so jingoistically ridiculous. You can get any ambulatory 35 yo physicist to become a farm worker overnight. Manual labor is will, not skill. You CAN’T make any ambulatory 35 yo American into a physicist overnight! It takes years!!!! Import the needed ones now, make some cash off of it, and start growing our own starting now.
 
US enemies spreading idiocy that Trump isn't doing enough...
...

...But that is betrayal. Real man would throw out all HB1Bs without providing adjustment period for existing business which would destroy their competivness which means no jobs for Americans.

There is also issue of general lack of skills. Americans don't have best practices for many industries which means no competivness for US business. Only way is to temporaly import people with best practice skills to train Americans. But for morons that is betrayal.
I did a full "CooH" Show discussing 'transient effects,' and the need to understand that to come BACK from an anti-constitutional totalitarianism would require "painful measures," and might not even be survivable. But the alternative is destruction, and we were on-track.

Trump has always been bombastic, and willing to change course when necessary. Great.]

But we don't need to import masses of likely CCP communist spies to prop up 'skools' which should be allowed to finish committing suicide.

And what I saw from Trump this week looked more like he really has LOST IT. I sincerely hope I'm wrong. But he hasn't got much time.
 
The visas? Come on. Stop being so jingoistically ridiculous. You can get any ambulatory 35 yo physicist to become a farm worker overnight. Manual labor is will, not skill. You CAN’T make any ambulatory 35 yo American into a physicist overnight! It takes years!!!! Import the needed ones now, make some cash off of it, and start growing our own starting now.
Don't confuse THAT with saying we need to get RID of 300K CCP 'students' - and then suddenly saying, 'no, we need 300K MORE.'

Why not import Iranian spies?

And MTG and Thomas Massie - even though Trump never liked him, too much a principled libertarian - are STILL about the best the GOP has. Don't stab them in the back:


I'm seriously starting to question just what really happened to him.
 
PS> If he is still playing chess - the proper term isn't "Queen's Gambit," much less 'mate in three' -- it's King Sacrifice.
 
I'm seriously starting to question just what really happened to him.
I’ve seen him a little off his game recently too.
It happened during the later stages of the campaign too when he was nonstop campaigning.

I think the man’s exhausted. All the world travel, peace deals, tariff negotiation, shutdown. The man is old. He needs some time alone at maralago.

And who says they’re all CCP physicists and engineers? There are plenty throughout the world that wouldn’t mind putting up a shingle here for 10-15 years while they contemplate staying here.
 
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