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 Post subject: Re: 24 hours left here!
PostPosted: July 12th, 2016, 5:16 pm 
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King

Joined: May 30th, 2015, 5:52 pm
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(Mumbles something about serfdom)

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 Post subject: Re: 24 hours left here!
PostPosted: July 12th, 2016, 5:25 pm 
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Joined: April 28th, 2016, 6:15 pm
Posts: 2001
Location: California
The Regent wrote:
All currencies in the world, except USD, have been falling. This is due to the monetary model of depreciation to boost exports. Export revenues are trumpeted as being more important than the loss of purchasing power for every day citizens.

The US is the only nation on the planet shielded from this, due to the primacy of the USD and US treasuries in a very uncertain global economy. Still, inflation is still hitting the US, a nation engaging in even more quantitative easing and printing than any other on the planet, but it is significantly muted thanks to the primacy of US treasuries.

Now, a topic for another day is: will that last? If bond markets crash, the world will face a far bigger correction than we seen in 2007.. this will lead to a flock to USD and treasuries further still, until the world realized US monetary policy is even more detached from solvency than any other. When that realisation hits: we're in for real instability.

Prepare for massive inflation to physical goods, and massive deflation to liquid assets tied to debt. ;)

Rant off.


This isn't how you respond to jokes

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 Post subject: Re: 24 hours left here!
PostPosted: July 12th, 2016, 5:27 pm 
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King

Joined: May 30th, 2015, 7:09 pm
Posts: 1086
you clearly dont know the regent well enough. youll come to accept such things in time, my apprentice

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 Post subject: Re: 24 hours left here!
PostPosted: July 12th, 2016, 5:32 pm 
King

Joined: February 24th, 2016, 8:29 pm
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 Post subject: Re: 24 hours left here!
PostPosted: July 12th, 2016, 5:43 pm 
King

Joined: February 24th, 2016, 8:29 pm
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Truth be told, I'm not a smart man. :X I miss certain integral social cues sometimes. Cuz I'm a knob.


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 Post subject: Re: 24 hours left here!
PostPosted: July 12th, 2016, 7:08 pm 
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King

Joined: May 30th, 2015, 5:52 pm
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Nah, Regent's awesome ;) We've missed your elightening socioeconomic analyses!

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 Post subject: Re: 24 hours left here!
PostPosted: July 12th, 2016, 8:05 pm 
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King

Joined: May 30th, 2015, 1:05 am
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Location: Wisconsin, USA
Mark Stefan wrote:
No, that was directed towards the looney losing so much value recently.

Where I live, in California, it's $6 a pint, $4 during happy hour. Back in the Midwest it was $4.50 for a pint, $3 during happy hour.


Lowest I've paid in Milwaukee is $1 for a pint of Miller Lite during happy hour. Pretty damn crazy. But, considering it's brew city, and the home of Miller, I guess it's understandable. Gotta love beer :)

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 Post subject: Re: 24 hours left here!
PostPosted: July 12th, 2016, 8:16 pm 
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Joined: April 28th, 2016, 6:15 pm
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Location: California
King Arjen IV wrote:
Mark Stefan wrote:
No, that was directed towards the looney losing so much value recently.

Where I live, in California, it's $6 a pint, $4 during happy hour. Back in the Midwest it was $4.50 for a pint, $3 during happy hour.


Lowest I've paid in Milwaukee is $1 for a pint of Miller Lite during happy hour. Pretty damn crazy. But, considering it's brew city, and the home of Miller, I guess it's understandable. Gotta love beer :)


Oh, I don't go out for cheap beer so I've not paid attention to those prices since I was 19 or 20... I do remember 75 cent PBR cans in 2010.

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 Post subject: Re: 24 hours left here!
PostPosted: July 12th, 2016, 10:37 pm 
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Duke

Joined: May 30th, 2015, 8:19 pm
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Location: Waterloo, ON, Canada
*Loonie thank you very much Mark

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 Post subject: Re: 24 hours left here!
PostPosted: July 13th, 2016, 4:34 am 
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Duke

Joined: May 30th, 2015, 6:01 pm
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Location: Michigan, USA
Nothing like drinking 8 PBRs for $6.

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