BeachMilk: Putin is absolutely correct!
🗣️ DI$CU$$ION 💬
Biden’s action of banning Russia from trading in the world’s Reserve Currency (ie the US dollar) has sent shockwaves throughout the world, and significantly eroded trust in the dollar, because other countries now know this could happen to them also.
If the US fails to retain reserve currency status, the USA is finished because that status is the only thing preventing the US from being crushed under the weight of their enormous debt.
The fractional interest the Fed uses has "increased" the money supply (credit) incrementally over the 100 + years of operation, so that when you take out a loan for a house, the bank makes up the money out of nothing, so the interest is pure theft. And when you pay on the principle, you are inserting nothing back into the 'cloud' of nothing. The interest you are paying is real money earned doing work and so you are paying a usurious fee on nothing.
It's worse than that... the dollars you "earn" are debt notes not assets.
Sweat equity can still provide gains in a moral and ethical basis-something that provides value..
If it leaves you any time and energy to gain wisdom from your experience.
Yes for sure...
Spend it quickly, buy assets and things you need! :)
D.s. debt notes
Death Notes.
… Mortgage…
Mort = Dead/Death
Gage = Pledge
:)
TIL 😅