Door number one hides default. Door number two hides catastrophic inflation. I suspect there'll eventually be an attempt at a controlled default, while disingenuously allowing high inflation to take whatever bites it can. I don't know if that *needs* to be the reality, but it is consistent with the way these lizard people operate.
…and no one would tell us where the goat is, or even how many goats are there.
On a more serious note, given there are indexed liabilities that are hard to inflate away, I’d rather expect parallel currencies (in a sense, we’re already there, but CIA wouldn’t take responsibility for BTC).
I concur, this could certainly spell death to a nation.
But Rat, nothing to see or worry about here. There are surly trillions of more shells on the shores we can gather.
She* sells sea shells by the sea shore.
* The U.S. Government
Door number one hides default. Door number two hides catastrophic inflation. I suspect there'll eventually be an attempt at a controlled default, while disingenuously allowing high inflation to take whatever bites it can. I don't know if that *needs* to be the reality, but it is consistent with the way these lizard people operate.
…and no one would tell us where the goat is, or even how many goats are there.
On a more serious note, given there are indexed liabilities that are hard to inflate away, I’d rather expect parallel currencies (in a sense, we’re already there, but CIA wouldn’t take responsibility for BTC).
YES!!! Now THAT is terrifying... and very real!
Wampum; curiously enough Indian money made from seashells.
However in the 18th century ruined by clever Connecticut Yankee who counterfeited shells 🐚 from clay.
Fake Republicans trying to protect the uniparty grift.
Insane, isn't it?
Far too many seashells for politicians to bother with.
Four seashell maximum, pleaze!
Holy Sheep!
Forever indebted
💩 681,000,000,000,000
Derivatives
As usual lemmings look wrong place.
https://data.bis.org/topics/OTC_DER/tables-and-dashboards/BIS,DER_D5_1,1.0
I'm afraid parsing that table is above my pay-grade, I have a mere public screwl education.
Not at all. No Parsing. One line subtraction by date. Chart has Only date, Notional and Market Value.
For any date subtract Market Value from Notional.
Look at any date and see Notional Value.
To the Left side.
See 2024 S2 or Semiannual 2024 Notional 🧐 Value =$699T. Now move right and see same date Market Value $18T.
699
- 18
=681
That’s Global Over the counter Derivatives all contracts.
Derivatives are just derived from something that has value so it’s like the point spread on a bet or the over/under.
Notional means “existing only in theory or as a suggestion or idea.“.
Just like real life. So it’s all imaginary. Fraud.
No secret in the financial sector. Well not Fraud, cuz it’s declared and Published 🧐 ®️
This is the 21st century and all “notions” are legitimized by being made public.
Which doesn’t mean there’s $681 Trillion Dollars out there…. There isn’t. So like NFT…
or 💩 coin.
AHA! Thanks, it was a geek to me, but I kinda get it now. It's all rigged, of course.
Yes. In the open.
Like Vaccines as Birth Control and Open Borders. It will be published as ritual of the Priesthood as the Official Lie we must accept.
Until we don’t.
😳😬😭
Learn to Laugh
Canned Food and Shotguns
https://youtu.be/1JITC1fo2HA?si=NOYw-x_8T2n9idTK