Official live update of spread of COVID19

[BrianSoddingBoru4]

If it’s real, actual cash, ........


Boru

There's our problem.

We have money and we have currency. Once upon a time and throughout 99% of history, they were one and the same.
But since 71, when the French battleships were in America demanding their gold back, the only thing the US govt could do to avoid a war and not default on their
loan to the French was for Nixon to decouple the "currency" from the gold backing which allowed them to "print" any amount of US dollars needed.

All fiat currencies default back to their intrinsic value ...namely nothing. (through inflation and devaluation).
What is considered "real money" is something which is a store of value in and of itself, ie: must have rarity value and no counterparty risk.
They are precious metals, land and other natural resources.

If something can be printed into existence then it is ultimately worthless in the end when the shit hits the fan, like now!
All fiat currencies today have lost most of their buying power by overprinting. It's one giant ponzi scheme which is collapsing in front of our eyes.

Guys make sure you have some "real" money put aside. That rainy day is here and it's turning into a shitstorm.

I just KNEW the French were mixed up in it somehow! It almost makes me want to contract the virus, travel to France, and cough on the Mona Lisa.

Boru

[Mr Greene]

Except that 'decoupling' the currency from gold was largely a con trick.
In times of financial stress the market returns to gold as it retains value whilst fiat currencies collapse.
The price of gold appears to slowly rise generally, but what you're actually seeing is the collective effect of inflation;
Gold remains the same whilst the currency reduces in value.

[Fake Messiah]

"Trump did not push to do aggressive additional testing...because more testing might've led to more cases being discovered and the president made clear the lower the numbers on coronavirus, the better for the president, the better for his potential reelection this fall."

HE LITERALLY DOESN'T CARE IF WE ALL DIE.

https://www.npr.org/2020/03/12/814881355...fell-short

[Fireball]

If it’s real, actual cash, ........


Boru

There's our problem.

We have money and we have currency. Once upon a time and throughout 99% of history, they were one and the same.
But since 71, when the French battleships were in America demanding their gold back, the only thing the US govt could do to avoid a war and not default on their
loan to the French was for Nixon to decouple the "currency" from the gold backing which allowed them to "print" any amount of US dollars needed.

All fiat currencies default back to their intrinsic value ...namely nothing. (through inflation and devaluation).
What is considered "real money" is something which is a store of value in and of itself, ie: must have rarity value and no counterparty risk.
They are precious metals, land and other natural resources only.

If something can be printed into existence then it is ultimately worthless in the end when the shit hits the fan, like now!
All fiat currencies today have lost most of their buying power by overprinting. It's one giant ponzi scheme which is collapsing in front of our eyes.

Guys make sure you have some "real" money put aside. That rainy day is here and it's turning into a shitstorm.

When lead turns into the metal of value, I'll be hunting squirrels for food with my pellet gun...cats, too!   When I run out of pellets, it's going to be long pork and the neighbor's lawn (washed of course, you heathen, my dog peed over there the other day!) 

[Rev. Rye]

If it’s real, actual cash, ........


Boru

There's our problem.

We have money and we have currency. Once upon a time and throughout 99% of history, they were one and the same.
But since 71, when the French battleships were in America demanding their gold back, the only thing the US govt could do to avoid a war and not default on their
loan to the French was for Nixon to decouple the "currency" from the gold backing which allowed them to "print" any amount of US dollars needed.

All fiat currencies default back to their intrinsic value ...namely nothing. (through inflation and devaluation).
What is considered "real money" is something which is a store of value in and of itself, ie: must have rarity value and no counterparty risk.
They are precious metals, land and other natural resources only.

If something can be printed into existence then it is ultimately worthless in the end when the shit hits the fan, like now!
All fiat currencies today have lost most of their buying power by overprinting. It's one giant ponzi scheme which is collapsing in front of our eyes.

Guys make sure you have some "real" money put aside. That rainy day is here and it's turning into a shitstorm.

Yeah, I’m just going to leave this here.

https://rationalwiki.org/wiki/Gold_standard_(economics)

[Gawdzilla Sama]

Cousins are passing around copies of The Stand. The ones that can read are updating the rest. Pen and ink corrections to change the name of the bad guy from "Randall Flag" to "Obama" proceed.

[LastPoet]

Portugal is closing all schools, football is suspended, restaurants are demanded to not allow more than half the capacity. The catholic church suspended Fatima celebrations... Lel, the sun wobbling, no problem now this... at any rate it was the responsible thing to do.

[The Grand Nudger]

Finally, an upside

[Alex K]

My boss just closed all schools in the state starting tuesday. I guess I'll have some time on my hands to hone my livestreaming skills...

[The Architect Of Fate]

People Quarantined in Italy Join Together In Song From Balconies