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**DanceChillGroove**

Kanigo2 Wrote:

Joe Neubarth Wrote:
NO WONDER IT KEEPS ON GOING UP IN VALUE!

It goes up in value RELATIVE TO OTHER CURRENCIES.

In other words, its the slowest race to the bottom value.

Who can get to the bottom last?

Lemme bump this one for ya, Joe.
You seem to have overlooked it.

**AMPAMPERSAND** · (This post was last modified: 08-19-2012 05:54 PM by AMPAMPERSAND.)

DanceChillGroove Wrote:

Kanigo2 Wrote:
Joe Neubarth Wrote:
NO WONDER IT KEEPS ON GOING UP IN VALUE!

It goes up in value RELATIVE TO OTHER CURRENCIES.

In other words, its the slowest race to the bottom value.

Who can get to the bottom last?
Lemme bump this one for ya, Joe.
You seem to have overlooked it.

Yup the dollar will be the last one over the cliff (maybe)....but it's going over the cliff......And inflation IS NOT GOOD, especially 8-11%. Oil is increasingly being paid for in currencies other than the dollar, and when you can no longer buy oil with the Federal Reserve Note, all of those FRNs that we have been exporting for decades, will come cascading back.

You see Joe the dollar WAS supreme when we where on a Gold/silver Bi metal standard, all the strength it has was just a remnant of the power of the bi metal standard, as sure as the Sun Sets, so to will the "supreme Dollar", the only way to stop it is to reverse the privatization of currency creation via the Federal Reserve (AKA First National Bank of America, Second National Bank of America, Bank of London.)

PS Do NOT PM Me JOE, I Don't CARE.

**USSR** · (This post was last modified: 08-19-2012 06:25 PM by USSR.)

Now the annual budget deficit of the USA makes more than 1,28 trillion dollars.... It is normal, be not frightened the American financial experts speak....... we can the press from air though 100, though 1000 trillion.... we can receive resources free of charge: oil, gold, minerals from other countries for toilet paper all life..... Isn't present the countries BRIKS told and organized the program of refusal of dollar...

[Image: 077128252a358cxxxl.png]

**Leopardsands - Goth Pug** lop guest User ID: 115578 08-19-2012 06:34 PM

Fixed it Wrote:

Here i fixed it for you, You had a couple things wrong

The CHINA is the leading manufacturing country in the world.

The INDIA the leading Agricultural country in the world.

The United States is the leading intellectual property country in the world.

The CHINA leads the world in natural resource harvesting.

Now that that is cleared up, want to rethink your argument?

**LoP Guest** lop guest User ID: 106585 08-19-2012 07:07 PM

Joe Neubarth Wrote:

[

Bullshit Statistics, your statistics are all bullshit. China's manufacturing is fifty percent of that of the United States.
India produces less than 15% of what the US produces for agricultural export. China does not even come within 30 percent of the natural resource production of the United States. Russia could be number one, but they just do not harvest their forests in Siberia. Instead they let them burn down on a constant basis.
[/quote]

Little glitch in tha Joe. The US only leads in manufacturing IF you count the companies that actually manufactute in China but are owned by an American company. As to actually producing a product very little is MADE IN THE USA. That puts China way ahead.

**seasnake** · (This post was last modified: 08-19-2012 07:12 PM by seasnake.)

I don't mind other countries selling off all their U.S. dollars and securities, cause once they no longer have any and the currency and securities still exist and stand it will eventually be bought back up by those who dumped it. Gross domestic product is what matters.

**Joe Neubarth**

AMPAMPERSAND Wrote:

DanceChillGroove Wrote:
Kanigo2 Wrote:
It goes up in value RELATIVE TO OTHER CURRENCIES.

In other words, its the slowest race to the bottom value.

Who can get to the bottom last?
Lemme bump this one for ya, Joe.
You seem to have overlooked it.

Yup the dollar will be the last one over the cliff (maybe)....but it's going over the cliff......And inflation IS NOT GOOD, especially 8-11%. Oil is increasingly being paid for in currencies other than the dollar, and when you can no longer buy oil with the Federal Reserve Note, all of those FRNs that we have been exporting for decades, will come cascading back.

You see Joe the dollar WAS supreme when we where on a Gold/silver Bi metal standard, all the strength it has was just a remnant of the power of the bi metal standard, as sure as the Sun Sets, so to will the "supreme Dollar", the only way to stop it is to reverse the privatization of currency creation via the Federal Reserve (AKA First National Bank of America, Second National Bank of America, Bank of London.)

PS Do NOT PM Me JOE, I Don't CARE.

You are such a Blatant Low IQ pathological Liar, you are obviously insane. Of course, that is what LOP is all about. Some of you post just to be totally ludicrous.

The Dollar is supreme and will continue to be so as long as we lead the world in production. That is the reason why it keeps on going up.

Only low IQ nincompoops like you think in terms of holding onto dollars in a bank account.. If you want to invest in money (Totally Insane concept), you could try the British Pound. In the past century, it has lost half its value to the Dollar. The German Mark in the same time has lost one hundred Trillion times if value against the dollar. In the past Century, the Yen has lost 47,000 times its value against the American Dollar. The Argentinian currency has lost 14,000 times its value to the American Dollar. The Mexican Peso has lost 42,000 times its value to the American Dollar. IT Goes on and on and on. Not matter what currency it loses value to the American Dollar. So for all of the people of the world, if they were stupid enough to save money in a hole in the ground, the best currency to save would have been the Dollar.

I strongly favor saving a commodity OR BUYING FARM LAND (which I have done). Corn has gone up against the Dollar by 300 percent in the past century. Gold has gone up remarkably in the same time, though that is not because you can eat it, but because it is shilled up and up and up in price by the Gold Lobby through constant advertising . Still it is a good investment for the long term.

I keep on telling people to NEVER invest in a means of exchange.

To the other total nincompoop out there, the Fed is the greatest thing this country has ever done. I have posted that hundreds of times. I know that most of you are too f*cking stupid to understand why, because you have never read the Fed charter, but one of these days you might and then you will understand why it is so great.

I can not believe that there are so many totally stupid people on this forum who have never read anything about the topics they support. UNBELIEVABLE STUPIDITY!

**Bob**

it is huh..

**izzy** lop guest User ID: 51564 08-20-2012 05:38 PM

30% inflation over 30 years?

In 1970 a pack of smokes and a gallon of gas cost 50 cents each.
In 1972 that DOUBLED to a dollar...a pack of smokes in 2012 chicago is now $10...with more tobacco taxes coming soon...

My first guitar, a Gibson SG Jr., was bought out of a high priced music store in 1970 for under a $100. A new SG is a grand...and my old axe is valued at $5000.

How about 100%+ inflation... S977

**LoP Guest** lop guest User ID: 113852 08-20-2012 05:48 PM

There is only one reason why the US $ is supreme. We have 12 super carriers, the rest of the world has none.

**Joe Neubarth**

izzy Wrote:

30% inflation over 30 years?

In 1970 a pack of smokes and a gallon of gas cost 50 cents each.
In 1972 that DOUBLED to a dollar...a pack of smokes in 2012 chicago is now $10...with more tobacco taxes coming soon...

My first guitar, a Gibson SG Jr., was bought out of a high priced music store in 1970 for under a $100. A new SG is a grand...and my old axe is valued at $5000.

How about 100%+ inflation...

Damn, you are stupid (Obviously for effect.) If we had approximately three percent inflation per year, we would have nearly 100 percent inflation in thirty years. That is a good thing no matter how grossly stupid you idiots continue to act. Read a little about economics you stupid nincompoops.

This board is the greatest for the dumbest sons of bitches on the Internet.

Inflation is good. Deflation is bad. That is the reason why we had to get off of the gold standard. Everytime the value of Gold went down, the Economy crashed. But you clowns would be too stupid to understand why that was a bad thing. When it comes to economies, Gold totally sucks. The only thing that works is a slowly inflating currency. Praise God for the American Dollar.

**LoP Guest** lop guest User ID: 112090 08-21-2012 03:08 AM

http://www.youtube.com/watch?v=ZemQPeymiOg

**LoP Guest** lop guest User ID: 104230 08-21-2012 03:14 AM

Joe Neubarth Wrote:

izzy Wrote:
30% inflation over 30 years?

In 1970 a pack of smokes and a gallon of gas cost 50 cents each.
In 1972 that DOUBLED to a dollar...a pack of smokes in 2012 chicago is now $10...with more tobacco taxes coming soon...

My first guitar, a Gibson SG Jr., was bought out of a high priced music store in 1970 for under a $100. A new SG is a grand...and my old axe is valued at $5000.

How about 100%+ inflation...

Damn, you are stupid (Obviously for effect.) If we had approximately three percent inflation per year, we would have nearly 100 percent inflation in thirty years. That is a good thing no matter how grossly stupid you idiots continue to act. Read a little about economics you stupid nincompoops.

This board is the greatest for the dumbest sons of bitches on the Internet.

Inflation is good. Deflation is bad. That is the reason why we had to get off of the gold standard. Everytime the value of Gold went down, the Economy crashed. But you clowns would be too stupid to understand why that was a bad thing. When it comes to economies, Gold totally sucks. The only thing that works is a slowly inflating currency. Praise God for the American Dollar.

i'm glad you included yourself as one of the dumbest SOBs on this forum. Dumbass

**Kanigo2** lop guest User ID: 97971 08-21-2012 03:16 AM

Joe Neubarth Wrote:

Inflation is good. Deflation is bad.

Yeah, Jim Cramer said that gas needs to be going up to himself, started ranting about how great is was that gas keeps going up..Its good for the economy he rants...

He immediately rescinded it ON AIR and still got assloads of hatemail...

Depends who you are speaking to I guess.

I just want to say, I understand your points, but some people simply do not want to hear it.

For the crowd here inflation is bad.

Yet we may be standing on a precipice of some major deflation.

**Ka$h Killa** lop guest User ID: 110725 08-21-2012 04:00 AM