Politics

Fiat currency is money that is not backed by gold or silver or oil or any commodity. A fiat currency is accepted as a mode of exchange because (currently) Joe Biden, Janet Yellen and Jerome Powell say that those pieces of paper have the full faith and credit of the United States of America behind t...

What did he mean?

https://den.social/l/redpills/3a9f19fa2 ... -magazine/

Nero wrote: ↑50 minutes ago "The power of the central bank to create money out of thin air wasn’t always so easy"
https://www.marketplace.org/2013/12/05/ ... -easy/amp/

I think you might need to learn what a fiat currency is.

Why don't you teach us?

That’s right. The provaxx Nazis didn’t care. When I watched the video I did not know just how evil they had become. Now they are trying to walk it back. Screw them. There should be some kind of punishment but I know there won’t be. I guess I can be smug about how a lot of us did think for ourselves...

"Understanding How the Federal Reserve Creates Money" The Federal Reserve, as America's central bank, is responsible for controlling the supply of U.S. dollars. The Fed creates money by purchasing securities on the open market and adding the corresponding funds to the bank reserves of commercial ba...

quad489 wrote: ↑Today, 4:55 pm Uh, no it can't...unless it wants to devalue the US Dollar even more. And why the hell would anyone want to do that...???

Nero is not unique. MANY liberals believe the Fed creates money out of thin air. It explains why they are fiscally irresponsible.

The Federal Reserve has $8.436 Trillion in assets. The wealthiest American corporation (Apple) has a current market capitalization of $2.79 Trillion. Plus the Fed can create money out of thin air, Apple can't. Explain to us how the Fed creates money out of thin air. I'm all ears. Who determines how...

https://twitter.com/0rf/status/1660067082220838916 If you ever said that those who were not vaccinated should be persecuted, driven from polite society, fired from their job, put in camps, denied medical treatment, or any of the hundreds of other slurs. YOU are the fool. This video should run 24/7/...

Bud Light Backlash Persists as Some Beer Prices Effectively Drop to Zero Promotional rebate garners social media attention Anheuser-Busch’s new promotional rebate has made some Budweiser products available for free in select stores. The reduced costs and rebates have garnered attention on social med...

Lefty is always outsmarting himself.

Some call it the law of unintended consequences.

Jack up the price of oil - create rampant inflation.

I do not believe that corporate wealth is a gift of the government. I believe that wealth in America comes from hard work (with the possible exception of inherited wealth). Most of those hard workers are in the private sector. Some are in the public sector. Silly, you said all money is created by t...

Yawn. Sticks and stones may break my bones but names will never hurt me! :D I'm a free market capitalist and I've got the stocks, bonds and mutual fund portfolio invested in American corporations to prove it. You are what you are. You tell us every day. Advocating for Black Lives Matter More is one...

The industry more damaging to the environment than airlines Story by Melissa Lawford Despite the clean and paperless allure of tech companies, Silicon Valley is fast emerging as a key threat to the race to net zero. The world’s computing and information storage sector has a larger carbon footprint t...

Personally I don’t like the product, but they are a for profit business that has to compete for every customer and every dollar. This is a step in the right direction. https://www.newsweek.com/chick-fil-conservative-backlash-diversity-1803387 Trying to create another tempest in a teapot? Have a Bud...

He has no choice. He is invested in the idea that government when run by Democrats is the Alpha and the Omega. Unfortunately, he is the kind of asshole that when it is pointed out that X policy has never worked....will reply. It was done incorrectly or the GOP interfered. Never that it was stupid. ...