Why is it fiat a ponzi?

[Anonymous No.15848443]

Newfag here
What is the meaning of ''global debt'' ? Debt with what?
And why is it fiat a ponzi? A ponzi is generally a scam...why you ay fiat is a scam? based on what?

[Anonymous No.15848448]

It's debt to Jews.

[Anonymous No.15848453]

>>15848443
https://jameso.be/2019/08/24/bitcoin-is-for-this.html

[Anonymous No.15848541]

>>15848443
How tall is Samson?

[Anonymous No.15848637]

>>15848448
can you please tell me the meaning?
A debt to jews? I can't understand if you say in this way

[Anonymous No.15848741]

>>15848443
DEBT IS THE MONEY WE OWE TO OURSELVES

You better not be saying you don’t believe Paul Krugman around these parts anon!

[Anonymous No.15848747]

>>15848741
This is one my first time with economy I still don't understand. Please can you explain better?

[Anonymous No.15848755]

>>15848741
Krugman more like Grugman

[Anonymous No.15848768]

>>15848747
They're essentially saying owing GUARANTEED debt for 30 years at 4% is fine since you'll PROBABLY be getting 7% gains on your investments for most of those years to counter it. It's something that makes you sound smart until things go south and then it makes you sound retarded.

[Anonymous No.15848863]

>>15848747
>This is one my first time with economy I still don't understand. Please can you explain better?
just shutup and pay your taxes wagie!

[Anonymous No.15848937]

>>15848768
if with debt you are referring to bonds... then find me another investment secure as bonds

[Anonymous No.15848978]

>>15848937
>then find me another investment secure as bonds
tulip bulbs
government bonds go to zero a lot

[Anonymous No.15848993]

>>15848937
>then find me another investment secure as bonds
Kek, you really are new aren't you! read the pdf on below link. Let me know if you have further questions

https://www.bankofengland.co.uk/quarterly-bulletin/2014/q1/money-creation-in-the-modern-economy

[Anonymous No.15849247]

>>15848978
I don't see USA or Swizterland bonds go to 0... come on are you serious?
This place is a meme farm... when I read this things you lose credibility...how the fuck can bonds of superpowers go to 0?

[Anonymous No.15849271]

>>15848443
who are this chink and this pink haired roastie and why are they spammed everywhere on /biz/ ?

[Anonymous No.15849400]

>>15849247
>how the fuck can bonds of superpowers go to 0?
Russia 1998 brainlet!
That's the most obvious example. There are literally thousands of examples in history... read faggot!

Please invest in government bonds...please. I'll enjoy taking your money.
You have no credibility to lose.

[Anonymous No.15849650]

>>15848443
It's kinda sad knowing about all the good boy points that asian cuck had to save up to be allowed to take this picture

[Anonymous No.15849740]

>>15849400
I will read about it
But honestly if I'd buy bonds at 3% now for 30 years I wouldn't give a fuc* of what economy and your silver does
there are still states that give a 3% for 30 years and that are not shitoles
Come on silver lost more than 50% of its value in a decade ..this doesn't happen if you secure your money in a 30 years german bond

[Anonymous No.15850244]

>>15849740
>Come on silver lost more than 50% of its value in a decade ..this doesn't happen if you secure your money in a 30 years german bond

EURO vs USD is down 50% from the peak in the last decade also.
So yes... you can lose and did with german euro bonds...?

Everything goes up and down, different assets for different times.

If you want to read, I recommend this blog.
https://www.armstrongeconomics.com/blog/

Good luck with your investments anon. Just don't go all in on Goverment Bonds their really mostly about to go down a lot or to zero like Icelandic bonds did in 2008.

[Anonymous No.15850269]

>>15849650
its kinda sad knowing about all the mental gymnastics this anon had to use to cope with the fact that an ugly chink is more desirable to his women than he is

[Anonymous No.15850329]

>>15850269
>its kinda sad knowing about all the mental gymnastics this anon had to use to cope with the fact that an ugly chink is more desirable to his women than he is
brutal!
the chad chink wins this encounter...

[Anonymous No.15850478]

>>15850244
But Eur / USD is a different story... silver is a commodity (pretty useless)...it could be compared to coffee
P.S. I don't understand... if I buy 30 years italian bonds at 4% and ITaly ''fails''...what happens to the 4% of 30 years bond?

[Anonymous No.15850594]

>>15848443
fiat isn't a ponzi
fiat is a no pump all dump scheme
they print money, spend it before inflation hits, everyone else is poorer

the scam of the millennia

[Anonymous No.15850660]

>>15848448
this
/thread

[Anonymous No.15850687]

>>15850478
>P.S. I don't understand... if I buy 30 years italian bonds at 4% and ITaly ''fails''...what happens to the 4% of 30 years bond?

The same thing that happens if you default on a credit card. The credit card company take a lesser amount in total and adjust the payments.
https://en.wikipedia.org/wiki/Argentine_debt_restructuring

So the Italian government will pay you a fraction of what they owe you and in some cases nothing.

Good luck fren

[Anonymous No.15850857]

>>15850687
I spent my piggybank money on Delta after 9/11 and they sent me a letter saying "we restructured. so your stock isn't real no mo." even though the company still was.

[Anonymous No.15850904]

>>15848443
"Global debt" means global gross debt, which is the total amount of debt owed by people, corporations and governments.
Global net debt is zero because exactly the same amount is owed TO people, corporations and governments, for obvious reasons.

Fiat is not a ponzi. However it superficially resembles one because debt will keep rising for ever. But there's an enormous difference: debt CAN keep rising for ever, whereas ponzis inevitably collapse.