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When i look at my IRA and stuff, i have a strong itch to pull the plug on it. The government has NEVER kept its word on anything, and i doubt they will for Roths either, theyll come up with new excise taxes to rob them

When i look at my IRA and stuff, i have a strong itch to pull the plug on it. The government has NEVER kept its word on anything, and i doubt they will for Roths either, theyll come up with new excise taxes to rob them

(post is archived)

[–] • 8 pts

War. War is the final answer to any Government's inability to maintain fiscal solvency & control.

All Wars Are Bankers Wars.

Governments don't go bankrupt.. the Bankers funding them need war to shake things up.

[–] • 3 pts

That's why they're itching to start one. They're pushing Putin and China, but it's not working so far. They're trying, though. Gotta get one going before the Federal Reserve goes bankrupt.

It's kinda like how they needed a terrorist attack and a war just days after the Pentagon said it couldn't account for $3 trillion

[–] • 0 pt

they don't need to push any agenda, the only reason Russia/Ukraine is still happening is because US/NATO is funding/supplying the Ukraine defense. Same as WW2 would have been over sooner and Germans victorious had the US not been funding and supplying the allies.

At this point they could make up a US base, say it is in a made-up city and claim Russia bombed it and WW3 starts. Facebook and youtube will block anyone who says "hey these places aren't real". While everyone is worried about which facebook filter to use to support the current thing.

No one will do anything here until they are hungry. The masses are too lethargic, people stopped worrying about young American males dying over seas 20 years ago with bush, they have been dying overseas for nothing ever since and NO ONE talks about it.

Let me tell you how it will go, there will be a tik-tok/facebook push to sign up for war, lonely young men with little to no critical thought and little to no prospect for happiness/marriage will be told by all their social media "influencers" that if they sign up they will be drowned in the attention of women, who will at the same time be tik-tok influenced to praise, sleep with, and suck the dick of any guy who volunteers.

These poor brainwashed young men will go die for the kikes for a fucking blowjob and a little affection from a whore and a few upvotes/likes/shares.

[–] • 1 pt

You can tell the wars are fake because we have international war crime laws and countries actually follow them. Any true war would have no rules.

[–] • 1 pt

That's the neat thing. It can't. They just print money which makes your wealth evaporate but they don't care because they make sure that they and their friends are taken care of.

[–] [deleted] • 0 pt

But this doesnt work in perpetuity, eventually the entire ponzi comes crashing down. It's noticeable when wonderbread is 6$/bag, when it was under a dollar not even 2 years ago, not that i eat it

[–] • 0 pt

Right....But they don't have to care. If you're poor it just gives them the opportunity to create more government programs to make more people dependent on them.

I believe it was Ben Franklin in discussing the pay for soldiers during the Revolutionary War said something to the effect of, "we hired them for dollars and are paying them cents." The massive inflation destroyed the value of the dollar. Politicians didn't care about the 'regular' soldiers or population. They were fine though. I love the founding fathers because of the system they created but I'm not going to pretend they cared about the working class.

"As the war progressed and inflation of Continental currency skyrocketed, by 1781 the rate was $225 Continental paper dollars to every $1 dollar in hard specie, the pay of the soldier did not keep up. In fact, the Continental Congress took over two years to revisit the pay structure from those sessions in late 1775. In May 1778. A colonel in the infantry saw a bump in salary from $50 to $75, a captain to $40 from the $20 they had been earning, yet the poor private soldier did not see an increase."

https://www.battlefields.org/learn/articles/soldier-pay-american-revolution

[–] • 1 pt

Usually they will print away their currency then start a war internally or externally or both as a cover-up for what they did. While the blood flows they will re-organize another currency that will be presented to everyone who has enough sense to survive. This new currency and set of laws will be a bullshit trap ending in absolute disaster just like the previous one and the one before that but EVERYONE will love it, fall on their knees and suck the governments dick because it means the war will stop. Pretty much that is what happens always. It is a feature of humans.

[–] • 1 pt

Governments go bankrupt all the time.

A new government is appointed and a new currency is issued.

Previous debts get cancelled. Older currency is worthless. The system restarts.

Sometimes the country stays the same. Other times, one or more new nations emerge from the ashes of the old. The Soviet Union basically went bankrupt. Modern Russia emerged from that, and they kept the ruble. They lost the Warsaw pact.

England reneged on the pound sterling during the great depression, (by refusing to honor their pledge of exchanging pound sterling for real silver bullion,) but emerged from that with a fiat English paper pound. The government and the monarchy remained, the bank remained, even as they effectively refused to honor their debts.

England lost global reserve currency status, which switched from the pound sterling to the gold backed US dollar.

So you see, the situation can vary, from event to event. Usually, however, it is the bank depositors who get screwed out of their savings, and holders of wealth in the form of paper assets, or paper currencies, also are often screwed. Stocks, bonds, fiat paper notes, all are usually bad news.

Who wins? The holders of debts who no longer have to pay them. The holders of real assets, which can be bought and traded in whatever new currency system emerges.

[–] • 1 pt

Who wins? The holders of debts who no longer have to pay them. The holders of real assets, which can be bought and traded in whatever new currency system emerges.

So the least responsible get a windfall of no debt, and the most responsible have their wealth preserved.

[–] • 1 pt

And in this way the dreidel keeps spinning.

[–] • 1 pt

IRA and stuff

[–] • 0 pt

Well keep in mind Social security used to not be taxed. Then they started taxing it when you received it. So that in effect was taking away a large part of the promised amount you were going to receive monthly from social security. I imagine they'll do that with other things as well. And if they don't what they'll do is just continue to inflate the currency so the amount of money that you think you'll get will be a lot less. The one real way to protect about from that is to actually start to liquidate your pensions and actually buy the things that you're actually going to need in your retirement like a piece of land with no mortgage you know a car that will last a long time with no debt and other things like that. That's the way to lock in the value of your future retirement. Instead of trying to plan your life so that you're expenses in the future are less than your income and counting on that retirement is income. Don't think that you're going to be able to rent property or something based on your future income from retirement plans. You better buy stuff and have it all debt-free.

[–] • 0 pt

Your life gets better , and you get wealthier over time , lol

[–] • 0 pt

Didn't the USSR go bankrupt? If so, didn't seem to hurt them none!

[–] • 0 pt

Bank of international settlements in Switzerland takes the debt. Eventually seizing resources and infrastructure

[–] • 0 pt

They don't. They're repeatedly bailed out until they're owned and the people are exploited as slaves. The central bank is the owner and slave master. Rebellions and wars offer temporary freedom and can even be profitable for the bank, but when peace comes you can be sure the bank is supreme. This will not change as long as there's a central bank.

[–] • 0 pt

In a central bank / income tax (100% tax / exponential tax) the system owns all the money at all times anyways. The only way it can collapse is if people stop paying the taxes. Then it needs to print into oblivion truly securing it's destruction / rejection.

I think we're mainly in a state were no alternative is ready to switch over to.

[–] • 0 pt

In afraid not. Unfortunately those intrinsically worthless dollars (which constantly correct towards their intrinsic value) belong to you. The bank can print forever and cause 10% per year in purchasing power and nothing will happen. Your loss, not theirs.

The invasion of the Rhur occured after Germany refused to raise taxes to pay their war debt and instead inflated their currency. The government aka the people owe the bankers for every dollar printed. The bank has a balance sheet and if people get upity and fail to maintain the interest payments through tax they get repo'd like 1920's Germany.

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