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REPORT ABUSIVE REPLY
Message Subject BANKS are closing after THANKSGIVING
Poster Handle InTheGLPHood
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Start here:

[link to www.minneapolisfed.org (secure)]

Invert the figures:

1913---change to 2022-Amount $1
2022---Change to 1913

Press CALCULATE.

What does it say?

$1 in 1913 is now worth .03.

This was as of end of 2q22. 3q22 will be wrapped up shortly and due to MASSIVE deficits continuing, the roll-up will drive this number NEGATIVE.

NEGATIVE number means TECHNICAL INSOLVENCY.

A NEGATIVE/INVERSE "value" of a "value" system based on DEBT is an ABSURDITY.

No choice anymore. Game over.

Hope this is logical enough for you.

Also, in case you didn't know, the FED is running the ponzi scheme. It ain't over until THEY say it's over.

And on 11/23 they will say IT'S OVER
 Quoting: Anonymous Coward 81684001


they only part of your post I have an issue with is the date.

we all know it's coming

proof or stfu
 Quoting: Anonymous Coward 76423614


Why do you have an issue with the date, if you accept the underlying premise?

Think about the LOGISTICS involved of such a massive transformation. Six weeks +/- is unheard of fast, but the holiday period is the only stretch where this is even possible. Things wind down between xgiving and xmas.

Ask K West how fast his situation changed.

Your's will too. Same folks running both shows.
 Quoting: Anonymous Coward 81684001


"Wind down" between Thanksgiving and Christmas? That's the biggest spending time of the year. That doesn't make sense. ?
 Quoting: 88


Oh, but it does make sense. The Fed wants to dampen spending not increase it, it's how they hope to get inflation under control, less consumption, they want us to consume LESS not more. Not so sure about the banks closing after TG though, although I wouldn't rule it out, I never say never. Like the poster said, when the Fed says it comes down, it comes down.
 
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