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Old 10-14-2018, 11:46 AM
 
Location: El Pueblo de Nuestra Señora la Reina de los Ángeles del Río Porciúncula
13,550 posts, read 14,051,705 times
Reputation: 9663

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Quote:
Originally Posted by Tonyafd View Post
When supply and demand are at equilibrium that is not necessarily a good thing. Maximization of profit must come into play here. You must provide only as much supply that is necessary to maximize profit. To manufacture more than is necessary to maximize profit involves excess unit cost which decreases overall profit.
De Beers milks the diamond market well this way.
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Old 10-14-2018, 12:55 PM
 
1,461 posts, read 332,233 times
Reputation: 1667
Quote:
Originally Posted by Lovehound View Post
De Beers milks the diamond market well this way.
* Da Bears
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Old 10-14-2018, 01:40 PM
 
Location: El Pueblo de Nuestra Señora la Reina de los Ángeles del Río Porciúncula
13,550 posts, read 14,051,705 times
Reputation: 9663
Quote:
Originally Posted by ddm2k View Post
* Da Bears
I haz two much beerz todayz!
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Old 10-14-2018, 05:10 PM
 
Location: USA
16,566 posts, read 16,233,140 times
Reputation: 12523
So called experts and self-proclaimed experts have called a crash every single year since 2009...

I hope the sheep understand this and don’t think the person who ends up GUESSING right is some kind of fortune teller or economic genius lol.
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Old 10-14-2018, 08:16 PM
 
Location: Buckeye, AZ
25,408 posts, read 14,500,015 times
Reputation: 9214
Quote:
Originally Posted by bmw335xi View Post
So called experts and self-proclaimed experts have called a crash every single year since 2009...

I hope the sheep understand this and don’t think the person who ends up GUESSING right is some kind of fortune teller or economic genius lol.
That's because many on both sides of the political spectrum whom are economists see signs of such issues but for some reason they haven't lead to a recession. Realistically by the 2020 election, we will be due for one by most economic cycles.
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Old 10-14-2018, 10:03 PM
 
1,461 posts, read 332,233 times
Reputation: 1667
Quote:
Originally Posted by bmw335xi View Post
So called experts and self-proclaimed experts have called a crash every single year since 2009...

I hope the sheep understand this and don’t think the person who ends up GUESSING right is some kind of fortune teller or economic genius lol.
Even a broken clock is right twice a day
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Old 10-14-2018, 10:26 PM
 
Location: Outside US
454 posts, read 197,983 times
Reputation: 537
Where will the US govt get the funds?

Interest payments must be paid.

I'm no Fox watcher and I know the Peter Schiff often sounds like Chicken Little.

But it's an issue.....


http://www.youtube.com/watch?v=jeTDffkyOJM
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Old 10-15-2018, 06:33 AM
 
Location: Prepperland
13,117 posts, read 9,205,456 times
Reputation: 8988
Quote:
Originally Posted by Thatsright19 View Post
This is the weird part of city data when I’m actually unsure if I read someone making a sarcastic joke (which is how I read it) or if you’re actually a serious person.
The only thing "funny" is the widespread lack of knowledge of American law and how 'funny munny' is authorized. See Title 12 USC Sec. 411, HJR 192 (June 1933), and Gold Reserve Act of 1934 for 'laughs.'
. . .
In plain inglitch, a dollar bill (note) is not a dollar (coin) but an IOU denominated in dollars. Minus value. Less than zero. To authorize printing more, CONgress must increase the debt (deficit spending), which it has done practically every year since 1933.
Add to that, the fact that CONgress repudiated redeeming their notes with lawful money (coin), going bankrupt in 1933.
To keep the Ship of State afloat the Big Con was concocted - socialist insecurity - wherein millions were tricked into underwriting the CONgress' bad debt.
. . .
Laughing yet?
. . .
LEGAL TENDER STATUS
http://www.treasury.gov/resource-cen...al-tender.aspx
". . .Federal Reserve notes are not redeemable in gold, silver or any other commodity, and receive no backing by anything. This has been the case since 1933. The notes have no value for themselves, but for what they will buy. In another sense, because they are legal tender, Federal Reserve notes are "backed" by all the goods and services in the economy."
- - -
Translation from legalsleaze: YOUR labor and property BACK their worthless kited checks.

Remember, no American government can take PRIVATE PROPERTY for public use without paying JUST COMPENSATION (in lawful money, see 5th amendment). Ergo, no government can arbitrarily claim ALL PRIVATE PROPERTY without incurring an impossible obligation.
- OR -
There is no more private property - abolished, thanks to FICA. (Which is also the core of the Communist Manifesto)

From the Communist manifesto: "In this sense, the theory of the Communists may be summed up in the single sentence: Abolition of private property."
https://www.marxists.org/archive/mar...ist-manifesto/

This also means enumerated Americans cannot absolutely own private property - more than one has a claim. They can only have qualified ownership of estate.
Remember, if Congress takes PRIVATE PROPERTY for public use, it must compensate the owner. Whereas, if one's property is "backing" their worthless notes, no compensation is due.

WELCOME TO THE PEOPLE'S DEMOCRATIC SOCIALIST REPUBLIC OF AMERICA!
(As long as you consent, no harm - no foul)
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Old 10-15-2018, 06:42 AM
 
Location: El Pueblo de Nuestra Señora la Reina de los Ángeles del Río Porciúncula
13,550 posts, read 14,051,705 times
Reputation: 9663
I think we made a BIG mistake when US went off the gold standard. That was when we started on the road to Hell.
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Old 10-15-2018, 11:38 AM
 
Location: Sonoran Desert, AZ
2,842 posts, read 1,164,944 times
Reputation: 6058
Quote:
Originally Posted by Lovehound View Post
I think we made a BIG mistake when US went off the gold standard. That was when we started on the road to Hell.

Nope - started with the 16th Amendment. EVERYTHING that is wrong with America today can be attributed to the ability of the federal gov (and the politicians) to line their own pockets with our money. What would DC look like today without all of our money?
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