sorry but you are clueless about our debt. Just google where majority of those trillions are parked. It is not foreigners.
and yes, I would trust our treasury a lot more than BitFinex crew who print tethers.
It is official Tether is a fraud
- Thread starter RedDuke
- Start date
sorry but you are clueless about our debt. Just google where majority of those trillions are parked. It is not foreigners.
and yes, I would trust our treasury a lot more than BitFinex crew who print tethers.
Nonsense. Fiat is backed up by economic activity and real demand for the currency. The price of eurusd is directly driven by those who need to take exposure to Euro and those who look to offset exposure. Only a small percentage in currency trades is driven by speculation. The store of value of a currency from a domestic perspective is only countered by inflation that exceeds the percent increases of wages and the returns of investments. You should revisit econ 101
That is not entirely correct. Has nothing to do with the military at all. But partly with economic activity. See my above post
The largest holders of US debt are Americans. Same applies for most other currencies held by their respective citizenry. Hence the stability of a currency of a developed country has very little to do with foreign holders of a non-domestic currency.
Respectfully disagree. Military is the key to reserve status, just like Royal Navy used to be for pound.
Since you stated: "I am truly happy for you that you can convince yourself to be happy
Just don't talk that same shit about the quality of an argument in the future or I will call you out on it again."
Let ME tell you a secret: You are full of it (I meant shit). I have met plenty of people who became rich quickly, and they are very happy. You have never seen 10 Million in your bank account. I actually have. It's called Private Banking, and your bankers take YOU out to dinner (at the top floor, with a personal chef, and beautiful waitresses). That's called true happiness in life. You do not understand ANYTHING (much less life)...
Just had to call you out, again...
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Since you stated: "I am truly happy for you that you can convince yourself to be happy
Just don't talk that same shit about the quality of an argument in the future or I will call you out on it again."
Let ME tell you a secret: You are full of it (I meant shit). I have met plenty of people who became rich quickly, and they are very happy. You have never seen 10 Million in your bank account. I actually have. It's called Private Banking, and your bankers take YOU out to dinner (at the top floor, with a personal chef, and beautiful waitresses). That's called true happiness in life. You do not understand ANYTHING (much less life)...
Just had to call you out, again...
you just made my laugh. Chef, top floor and good looking waitress is true happiness. Dude this is beyond funny
It's actually for real, and it surprised me. I had no idea the private bank had these facilities available to clients. It's at USD $5M+, when you actually get these perks. I would not label it "funny", more like "holy motherfucking shit, I made it, I truly fucking made it"...
Amazing feeling too. Dude, it was beyond amazing...
I am confidently sure that you can relate
It's actually for real, and it surprised me. I had no idea the private bank had these facilities available to clients. It's at USD $5M+, when you actually get these perks. I would not label it "funny", more like "holy motherfucking shit, I made it, I truly fucking made it"...
Amazing feeling too. Dude, it was beyond amazing...
I am confidently sure that you can relate
so it is a nice dinner. I had 100s of those, why you categorize it as true happiness????