Conspiracy 101

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MrTop

EOG Master
Governnment will send you 2k a month ... they will fund it by getting rid of the dollar.. Why it causes germs... they get paid back by underground money when they get even they stop the handouts.. HERE comes the digital dollar. China just moved to it to control the people. The central banks sent out a memo to look into it.

A few years ago nobody thought sports betting and mary jane would go legal well it did......... this one fits like a glove and it it does not fit ..you know the rest.
 
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B

billysink

EOG Dedicated
if the US dollar is no longer going to be IMF standard, the US can send everyone 2 trillion a month.

Enough for a doz. eggs, 6 pack of fruity seltzer and a Ho Ho.
 
S

SlipperyPete

EOG Dedicated
The rest of the world shouldnt let Americans buy real estate in their countries.

Unfair advantage that the US can just print unlimited amounts of money with impunity.

I wouldnt let them turn their fake wealth into real ones
 
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M

MrTop

EOG Master
billysink said:
no fella ain't nobody gonna make a new monetary standard built on the same joke that ruined the current one in less than 50 years.
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the central banks are talking about it ... China already moving to it.


https://fortune.com/2020/04/07/china-us-digital-currency-coronavirus/

The Introduction of a Digital U.S. Currency by 2021
This proposal mentions the possibility of using the underlying infrastructure required to implement the U.S. Debit Card system to create a “digital public currency wallet system,” or a digital currency based on the U.S. dollar. The proposal suggests this could happen as soon as 2021.


once they will put it in... they will down the road get rid of the 100 dollar bill & $ 50 and so on
 
Sleepy

Sleepy

EOG Master
billysink said:
absolutely brother, re elect Trump and keep those presses running 24.7.

Trump/Pence 2020 baby!!!
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This is a visual of what 1 trillion looks like in $100 bills.

Too much of a pain in the ass to print it. Much easier to just type the amount into a computer.


 
B

billysink

EOG Dedicated
Sleepy said:
This is a visual of what 1 trillion looks like in $100 bills.

Too much of a pain in the ass to print it. Much easier to just type the amount into a computer.


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still worth fukk all Sleeper.

Hope you are well guy, stay safe over there!!
 
B

billysink

EOG Dedicated
MrTop said:
the central banks are talking about it ... China already moving to it.


https://fortune.com/2020/04/07/china-us-digital-currency-coronavirus/

The Introduction of a Digital U.S. Currency by 2021
This proposal mentions the possibility of using the underlying infrastructure required to implement the U.S. Debit Card system to create a “digital public currency wallet system,” or a digital currency based on the U.S. dollar. The proposal suggests this could happen as soon as 2021.


once they will put it in... they will down the road get rid of the 100 dollar bill & $ 50 and so on
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China no longer pegged to USD along with most Belt and Road economies? Ability to by pass the US completely?

TOAST.
 
B

billysink

EOG Dedicated
I do not drink alcohol.

The new reserve currency will likely be backed by a basket of currency, including the Yuan, Euro and USD.

There will be tokens, coins, bills. The world and especially the US does not have the requisite infrastructure to bypass hard cash, nor can it afford it at present.
 
M

MrTop

EOG Master
billysink said:
I do not drink alcohol.

The new reserve currency will likely be backed by a basket of currency, including the Yuan, Euro and USD.

There will be tokens, coins, bills. The world and especially the US does not have the requisite infrastructure to bypass hard cash, nor can it afford it at present.
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underground money for the countries is a cash cow for countries. China is doing it now . All countries can have digital for control. They will reduce the dollar to a smaller amount. This will happen when the dems get in office. They had it on the table but took it off last month.. I wish i knew why
 
B

billysink

EOG Dedicated
MrTop said:
underground money for the countries is a cash cow for countries. China is doing it now . All countries can have digital for control. They will reduce the dollar to a smaller amount. This will happen when the dems get in office. They had it on the table but took it off last month.. I wish i knew why
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you are saying they will devalue the dollar?

So everyone holding dollar denominated debt globally just takes the hit?

They print endless sums of money then devalue it some more?

Don't tell anyone guy because every dollar of that 31 trillion you owe gets called or undersold yesterday.

No way out guy.

Your run is over, you had your chance.
 
B

billysink

EOG Dedicated
You have no reserves to devalue your currency with anyway. No one is gonna listen to Trump try to talk it down either.
 
M

MrTop

EOG Master
billysink said:
you are saying they will devalue the dollar?

So everyone holding dollar denominated debt globally just takes the hit?

They print endless sums of money then devalue it some more?

Don't tell anyone guy because every dollar of that 31 trillion you owe gets called or undersold yesterday.

No way out guy.

Your run is over, you had your chance.
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They will replace the dollar that is it in the USA with a digital dollar... it was on the table last month... you just missed the clue. they will take the dollar out of cirulation
 
B

billysink

EOG Dedicated
MrTop said:
They will replace the dollar that is it in the USA with a digital dollar... it was on the table last month... you just missed the clue. they will take the dollar out of cirulation
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And how will the 16 million folks who have no access to broadband or the 100 million that don't subscribe access this lateral domestic currency move?
 
M

MrTop

EOG Master
billysink said:
And how will the 16 million folks who have no access to broadband or the 100 million that don't subscribe access this lateral domestic currency move?
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did you ever hear of direct deposit ? debit cards...? what do they do now ? use zelle when sending money to people you know like family members... why ? it is insured by the banking system....venmo is not... many people do not carry cash.. Credit cards actually pay you to use their cards.
 
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M

MrTop

EOG Master
billysink said:
what is the benefit, who owns the transaction and at what cost?

Link me to the proposal.
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you don't need a link... the CEO of Citibank talked about it 2 years ago.. Read bloomberg and wall street journal.. .they are a lot sharper than CNN
 
Heisenberg

Heisenberg

2
Agree with Top. Probably trending to everyone being forced to use a card with RFID for not only monetary transactions but nearly everything a person does in everyday life.
 
B

billysink

EOG Dedicated
MrTop said:
you don't need a link... the CEO of Citibank talked about it 2 years ago.. Read bloomberg and wall street journal.. .they are a lot sharper than CNN
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You telling me what I don't need is a pretty good chuckle.

I didn't ask for a link to a news story, I asked for a link to the proposal/prospectus. You have said this was "on the table", which is much more accurate than "in the news".

I take it that you have not seen or read the actual bill and are relying on someone else's talking points.

Original approach, lulz.

We are good here, thanks for your time.
 
M

MrTop

EOG Master
billysink said:
You telling me what I don't need is a pretty good chuckle.

I didn't ask for a link to a news story, I asked for a link to the proposal/prospectus. You have said this was "on the table", which is much more accurate than "in the news".

I take it that you have not seen or read the actual bill and are relying on someone else's talking points.

Original approach, lulz.

We are good here, thanks for your time.
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no bill lulz. not yet but that is how it starts.... forbes knows more than both of us so does the IMF & CEOof citi


https://www.forbes.com/sites/ryangu...hange-how-americans-spend-money/#6287387b981f



https://www.forbes.com/sites/billyb...in-to-rival-chinas-digital-yuan/#2889113b1676



now we are better CNN approach, lulz.
 
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railbird

railbird

EOG Master
billysink said:
You have no reserves to devalue your currency with anyway. No one is gonna listen to Trump try to talk it down either.
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he should have let some people die, wouldnt have been that many, and just did herd immunity, the old folks were going to die anyway. willing to die to live
 
B

billysink

EOG Dedicated
railbird said:
he should have let some people die, wouldnt have been that many, and just did herd immunity, the old folks were going to die anyway. willing to die to live
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Does this site have a Sesame Street thread?

You remind me of a dumbed down version of Big Bird.
 
M

MrTop

EOG Master
The big battle for global financial supremacy could be between the digital yuan and Facebook's libra dollar, a digital version of the U.S. dollar," said financial author and trading veteran Glen Goodman, who made a name for himself by successfully navigating stock markets during the 2008 global financial crisis and has been closely following the development of central bank digital currencies.

"Both of these currencies may be launched as soon as this year and will make it quicker, cheaper and more efficient to buy, sell or transfer money from place to place. China will pull out all the stops to convince international trading partners to switch from the dollar to their new currency. If they manage to lure enough users, the U.S. dollar could be in deep trouble."
 
B

billysink

EOG Dedicated
The Chinese have, one of the a 20 trillion dollar economy, a shit ton of cash, a huge network of gold mining and purchasing, one of the few growing economies and an unparalled infrastructure network.

Facebook has ?? as collateral. I question because I don't know enough about the Libra to compare. I know the transaction network must be pretty good, most folk have access to social media, do they not?
 
M

MrTop

EOG Master
billysink said:
The Chinese have, one of the a 20 trillion dollar economy, a shit ton of cash, a huge network of gold mining and purchasing, one of the few growing economies and an unparalled infrastructure network.

Facebook has ?? as collateral. I question because I don't know enough about the Libra to compare. I know the transaction network must be pretty good, most folk have access to social media, do they not?
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facebook is blocked in china. If a citizen is caught using facebook by going around firewall they would be in trouble.. Once the countries get off the ground using 5G huawei which is china's internet they will have a leg up on the countries that do not. There are about 80 countries already signed up with china. 5G is very important it gives you data for AI. 5g is about 7 seconds slower than 6G. Getting back to Libra it will backed by the gov't
 
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billysink

EOG Dedicated
MrTop said:
facebook is blocked in china. If a citizen is caught using facebook by going around firewall they would be in trouble.. Once the countries get off the ground using 5G huawei which is china's internet they will have a leg up on the countries that do not. There are about 80 countries already signed up with china. 5G is very important it gives you data for AI. 5g is about 7 seconds slower than 6G. Getting back to Libra it will backed by the gov't
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If Libra is backed by US reserves it has zero shot.

The US cannot compete with China on any level below military force. Chinese infrastructure network, gold production, economic growth and cash reserves dwarf the US.

Add to that the allegiance of the EuroZone and most of S. America....
 
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