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How is it like a stock market? Currencies don't have assets that can be applied to future value like companies do. It's more like a currency market (like forex) or, in the case of bitcoin, a commodity market.
What do you mean there is no low? Which currencies are you looking at? I still see plenty that are low. IOTA, Stellar, and many others.
The value of a bitcoin is very much volatile like stocks are. The Bitcoin value for instance spiked in December where it was 1 USD to 0.00005 BTC, now it is 0.000061 for 1 USD. Read this article as well... https://www.quora.com/Why-is-the-cry...e-stock-market
Antibiotics go out of date and are less and less effective until useless. I like hard assets, such as land you can live on and grow food on. And livestock which can provide food and transportation. Booze is good, it keeps well. For medicinal purposes only
Plus, I don't think you can exactly stockpile on those, can you?? They are by Rx-only, after all!
Plus, I don't think you can exactly stockpile on those, can you?? They are by Rx-only, after all!
No, preppers usually buy fish antibiotics, which are the same as for humans. The trick is, to get the dosage right. That requires one of the medical manuals. But if it comes down to real SHTF, having fish antibiotics is better than having none. And no Rx needed, no pharmacy needed.
Any medium of exchange NOT created / issued by the producers of surplus goods and services is a SCAM to [legally] steal from those producers.
All cryptocurrencies are bogus frauds, and the insiders are getting rich as the fools rush in.
That definition includes the Federal Reserve Note, a giant scam since 1933.
Any medium of exchange NOT created / issued by the producers of surplus goods and services is a SCAM to [legally] steal from those producers.
All cryptocurrencies are bogus frauds, and the insiders are getting rich as the fools rush in.
That definition includes the Federal Reserve Note, a giant scam since 1933.
Any medium of exchange NOT created / issued by the producers of surplus goods and services is a SCAM to [legally] steal from those producers.
All cryptocurrencies are bogus frauds, and the insiders are getting rich as the fools rush in.
That definition includes the Federal Reserve Note, a giant scam since 1933.
Agree completely.
The backing for the dollar is bad enough. Cryptocurrencies are conjured up out of thin air. I'd sooner put faith and confidence in an alchemist. At least an alchemist started with SOMETHING. (besides internet access and a website domain)
Hours to work (min. wage) to buy SS tool
1950 : 169.50 / 0.75 = 226 hours
1980 : 799.99 / 3.10 = 258 hours
2010 : 2999.99 / 7.25 = 413 hours
2017 : 3559.00 / 7.25 = 491 hours*
(* To add insult to injury, modern production technology reduces the amount of labor, and yet it costs MORE to buy! )
https://www.federalreserve.gov/faqs/currency_12773.htm
Q: How much U.S. currency is in circulation?
A: There was approximately $1.58 trillion in circulation as of September 20, 2017, of which $1.53 trillion was in Federal Reserve notes.
U.S. Population (2017) : 326,474,013
>>> $4,686 per capita <<<
Federal Budget (2017): $3.65 Trillion
<<< $11,180 per capita >>>
"HOUSTON, WE HAVE A PROBLEM..."
We owe over $20 trillion, and there’s only 1.53 trillion dollar bills circulating. The government spends $11,180 per capita, but there is only $4,686 per capita in circulation.
The financial position of the United States includes assets of at least $269.6 trillion (1576% of GDP) and debts of $145.8 trillion (852% of GDP) to produce a net worth of at least $123.8 trillion (723% of GDP) as of Q1 2014.
!!! WUH WOH SCOOBY !!!
Not only can we never pay off the public debt, all those outstanding debts and accounts receivable and pension plans and retirement accounts can NEVER be “cashed out” - there’s not enough money nor legal tender.
Why can’t CONgress deal with this madness?
14th amendment, Section 4. THE VALIDITY OF THE PUBLIC DEBT of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, SHALL NOT BE QUESTIONED.
Now you know why they’re SILENT on Capitol Hill.
(Title 12 USC Sec 411 defines the "dollar bill" as debt - part of the public debt - MINUS VALUE - worth less than zero.)
Hours to work (min. wage) to buy SS tool
1950 : 169.50 / 0.75 = 226 hours
1980 : 799.99 / 3.10 = 258 hours
2010 : 2999.99 / 7.25 = 413 hours
2017 : 3559.00 / 7.25 = 491 hours*
(* To add insult to injury, modern production technology reduces the amount of labor, and yet it costs MORE to buy! )
https://www.federalreserve.gov/faqs/currency_12773.htm
Q: How much U.S. currency is in circulation?
A: There was approximately $1.58 trillion in circulation as of September 20, 2017, of which $1.53 trillion was in Federal Reserve notes.
U.S. Population (2017) : 326,474,013
>>> $4,686 per capita <<<
Federal Budget (2017): $3.65 Trillion
<<< $11,180 per capita >>>
"HOUSTON, WE HAVE A PROBLEM..."
We owe over $20 trillion, and there’s only 1.53 trillion dollar bills circulating. The government spends $11,180 per capita, but there is only $4,686 per capita in circulation.
The financial position of the United States includes assets of at least $269.6 trillion (1576% of GDP) and debts of $145.8 trillion (852% of GDP) to produce a net worth of at least $123.8 trillion (723% of GDP) as of Q1 2014.
!!! WUH WOH SCOOBY !!!
Not only can we never pay off the public debt, all those outstanding debts and accounts receivable and pension plans and retirement accounts can NEVER be “cashed out” - there’s not enough money nor legal tender.
Why can’t CONgress deal with this madness?
14th amendment, Section 4. THE VALIDITY OF THE PUBLIC DEBT of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, SHALL NOT BE QUESTIONED.
Now you know why they’re SILENT on Capitol Hill.
(Title 12 USC Sec 411 defines the "dollar bill" as debt - part of the public debt - MINUS VALUE - worth less than zero.)
In summation, we've been [expletive deleted] !
More boring slop: something is money because people accept it as money. Find an adult education center and take an economics course.
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