Green Shoots in the Economy? Infinite money and finite goods. 2009

[hatch381]

I suggest you run for office. I would but Im on up in years and it would take years to get to a position to make change. The problem is the political system corrupts.we need to dump all of them at one time and start freshwith honest people who desire a great nation over a great personal bank account.

[darkdragonsoul99]

I'll run my platform: I couldn't do any worse.

[kensho3]

Its this simple. Bring back sound money, abolish the income tax and stop invading countries. Oh, and have a tribunal for those that would do otherwise. The fact that you, and many others feel the need to mask their identity while exercising free speech is a good indicator of where we are on the tyranny scale. We are, and have been for decades, under attack from within and we all better wake up fast and take this country back.

[thecomicsitedotcom]

Thanks for the comment, although the reason I use the format I do is because I like the way it looks better than the traditional format. Hiding my identity isn't really the goal, and would be futile because youtube/google could easily pinpoint who I am and where I live without a problem. I do agree with your other comments, how do you suggest we get those ideas into the mainstream?

[martialarm]

We need the think to be fixed but first we all need to agree we were all so wrong.

Until the system removed the complete corruption involved, Id run... Id run .. Id run in the opposite direction.

I like the divine right of rulers to lead and the populations or peasants right to revolt and hang the rulers if they fail.

Were is the hanging.

[thecomicsitedotcom]

With banks borrowing at 0% or negative in some cases, I think it highly unlikely that deflation is possible. The panic we had in 2008 was from BIG PLAYERS thinking they were going to get burned in the failing of Lehman, that would have cascaded into the other big banks. The fed held a gun basically to the US and bluffed us into thinking they would have let the game stop. If the game stops, the Fed loses more than anyone.

[halfasheep]

America is small enough to fail.

[hktraveller]

Will deflationary collapse in stock market send silver price to collapse too ?

[thecomicsitedotcom]

Temporarily it would yes, but the more likely scenario is big shorts would move in to drop the price trying to scare silver holders into dumping it on the market for them to purchase back cheaper. Always buy on big dips, never on the tops.

[hktraveller]

Thanks for the reply. It definitely looks like the Dow is gonna drop like a stone (50% at least) like the 30's ... My guess is the silver play will then look attractive in 2-3 years time.

[stellaconcepts]

agree

[howitzer24]

Not all fiat currencies have failed. Fiat currency isn't the root problem. It's the debt based money systems.

Colonial Scrip and the Tally stick system were very successful fiat money systems. The little self-sufficnet country of Guernsey has had its own fiat money system for hundreds of years with virtually no price inflation because they only print money that is immediately used to expand the real economy. It's like a growing person multiplying their blood cell count to fill the new space.

[thecomicsitedotcom]

I suppose I should have been more clear regarding fiat currency, both the tally stick and the different forms of Colonial Scrip were based on real tangible items, land, chickens, cows ect... There is no problem with real goods being represented by paper notes or the like, the problem arises when true fiat currency can be created that has no relative constraint to the real tangible world. It encourages fraud and guarantees inflation.

[howitzer24]

Yeah they key is that the currency is tied to something real in the economy. That's when it works really well. You don't have to have precious metals and you can expand the economy at will in a disciplined sustainable consistent manner.

[jsmythib]

I dont know who you are, but thanks for the post. You have some good ideas and what seems to be a very logical insight.

[Raycheetah]

According to Stellaconcepts here on YT, Australia's Perth Mint is reporting that increased demand for physical silver bullion is stressing their ability to keep up. So silver is being bought by those who want it in their hands (even if not necessarily in the US), which should help support a new, higher support level for the spot price.

As for the rest, we are governed by fools and rascals. The sooner they are ousted (by votes or otherwise) the better. ='[.]'=

[thecomicsitedotcom]

I posted a link to the article about China having silver and gold available in their banks in the more info section. It has been a very long time since US banks offered that service and it is new for China. Could be interesting.

[thecomicsitedotcom]

Adding to or causing the Perth demand could be the Apmex special on Perth products. For orders of $250 on certain products they are giving an entry into a trip sweepstakes, it is on the main page, I know I thought about it, but the premiums were too high for my tastes.

[Raycheetah]

Stellaconcepts is an authorized Perth Dealer. The email he shared seems to reflect a longer-term issue than simply a short-term promotion:

/watch?v=OBUljDD2lRc

Interesting, by the way, that APMEX hasn't been stocking very deeply at all in the 1,000 oz "fat bars." As for the premiums on Perth and other products, yeah, they're pretty, but it's tough to justify when I can get silver cheaper. =^[.]^=

[thecomicsitedotcom]

Yes it may be time to get the AR out and shoot something, any suggestions?

[PayChkSlaveRebellion]

Welcome back

[thecomicsitedotcom]

Thanks! Will try to stay back.

[stealinator]

good to see you back, you have been MIA for a long time.

[thecomicsitedotcom]

Thanks, will try to be more prolific from now on.