The death of the dollar?
POSTED BY: SIGNYM
UPDATED: Sunday, August 23, 2026 15:35
VIEWED: 15891
PAGE 11 of 15
Still not directly a dollar problem, altho it IS fallout from increased interest rates, which itself is a reaction to declining dollar value (I e. Inflation).
More like a little Lehman moment.
OOC about bank stability, I looked at common indicators of bank stability: LIBOR, USA overnight interbank lending rates, bank stock values, and gold. Interbank lending rates have been going up, but stepwise along with Fed interest rates. Bank stocks dipped and gold rose to a "six week" high... More like a ripple than a wave.
AFA dollar value is concerned, I guess Id look at the prices of commodities that we buy with the dollar- oil comes to mind. Also, Treasury interest rates (are they being forced up to attract investors?) and long-term v short-term bonds (usually long- term bonds carry higher interest rates, but if opposite that's called inversion). Gold is a poor indicator bc it's trade volume is so small it can, and is, manipulated by big central banjs and cmmodities narkets.
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Pity would be no more,
If we did not MAKE someone poor - William Blake
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Gold was the old NFTs. 
Still is. Always will be. 
Seriously. When and if the Republic ever fails and fiat currency is worthless, somebody is going to take your gold you paid so much for for free.
I don't even bother "Doomsday Prepping" beyond the bulk purchases I've already made. Unless you're living in a locked tight bunker, I'll be taking whatever I need to live from other people if it comes to that, unless they're armed too.
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Growing up in a Republic was nice... Shame we couldn't keep it.
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Quote:You are unfamiliar with the book of Revelations, 6ix. You shall be dead meat chopped up by an angel with a sharp, double-edged sword. Your fate was sealed with your first dozen repetitions of "Fuck Ukraine." Your weapons are useless against angels, 6ix.
Originally posted by 6IXSTRINGJACK:
Gold was the old NFTs.
Still is. Always will be.
Seriously. When and if the Republic ever fails and fiat currency is worthless, somebody is going to take your gold you paid so much for for free.
I don't even bother "Doomsday Prepping" beyond the bulk purchases I've already made. Unless you're living in a locked tight bunker, I'll be taking whatever I need to live from other people if it comes to that, unless they're armed too.
https://www.biblegateway.com/passage/?search=Revelation%202&versio
n=NIV
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at
https://www.mediafire.com/folder/1uwh75oa407q8/Firefly
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Buy! Overweight! Outperform! The analysts who followed SVB and were intimately familiar with its balance sheet remained enthusiastic until literally the very last minute but by the close of business the next day there was nothing left but ashes.
I'd also show you what the regulators said, but there's nothing to show. Like the rating agencies and the analysts, they saw no problems.
Even on Wednesday, March 8, after SVB had issued its mid-quarter review, nothing happened. Moody's downgraded them slightly to Baa1, which is still solidly investment grade, and that was about it. None of the pros who understood SVB best had anything bad to say about them.
https://jabberwocking.com/heres-what-everyone-thought-about-silicon-va
lley-bank-on-tuesday-march-7/
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at
https://www.mediafire.com/folder/1uwh75oa407q8/Firefly
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Quote:Hate to tell you this SECOND, but God and his angels don't like evil little pricks. I'll bet they aren't too fond of nonbelievers using them to threaten others, either. I mean, that's really double plus ungood.
Originally posted by second:Quote:You are unfamiliar with the book of Revelations, 6ix. You shall be dead meat chopped up by an angel with a sharp, double-edged sword. Your fate was sealed with your first dozen repetitions of "Fuck Ukraine." Your weapons are useless against angels, 6ix.
Originally posted by 6IXSTRINGJACK:
Gold was the old NFTs.
Still is. Always will be.
Seriously. When and if the Republic ever fails and fiat currency is worthless, somebody is going to take your gold you paid so much for for free.
I don't even bother "Doomsday Prepping" beyond the bulk purchases I've already made. Unless you're living in a locked tight bunker, I'll be taking whatever I need to live from other people if it comes to that, unless they're armed too.
https://www.biblegateway.com/passage/?search=Revelation%202&versio
n=NIV
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at
https://www.mediafire.com/folder/1uwh75oa407q8/Firefly
-----------
Pity would be no more,
If we did not MAKE someone poor - William Blake
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Quote:
Originally posted by second:Quote:You are unfamiliar with the book of Revelations, 6ix. You shall be dead meat chopped up by an angel with a sharp, double-edged sword. Your fate was sealed with your first dozen repetitions of "Fuck Ukraine." Your weapons are useless against angels, 6ix.
Originally posted by 6IXSTRINGJACK:
Gold was the old NFTs.
Still is. Always will be.
Seriously. When and if the Republic ever fails and fiat currency is worthless, somebody is going to take your gold you paid so much for for free.
I don't even bother "Doomsday Prepping" beyond the bulk purchases I've already made. Unless you're living in a locked tight bunker, I'll be taking whatever I need to live from other people if it comes to that, unless they're armed too.
https://www.biblegateway.com/passage/?search=Revelation%202&versio
n=NIV
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at
https://www.mediafire.com/folder/1uwh75oa407q8/Firefly
Yanno... for a non-religious guy, you sure seem to be a pretty religious guy.
The angels better come packing heat.
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Growing up in a Republic was nice... Shame we couldn't keep it.
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Quote:Signym, presumably you misunderstand all the soul-searching that occurs during wars when God does NOT consistently act on anybody's side. Soldiers become amateur philosophers thinking about the Problem of Evil: "Is God willing to prevent evil, but not able? Then he is not omnipotent. Is he able, but not willing? Then he is malevolent. Is he both able and willing? Then from whence comes evil?"
Originally posted by SIGNYM:
Hate to tell you this SECOND, but God and his angels don't like evil little pricks. I'll bet they aren't too fond of nonbelievers using them to threaten others, either. I mean, that's really double plus ungood.
Signym, in the Book of Revelation, God finally takes a side, no longer a spectator of a philosophical game. Does God, with infinite patience, wisdom, and knowledge, spend infinite time debating and convincing 6ixStringJack to behave better? God does NOT. God slays 6ix in the most brutal and painful fashion. Not so much Heavenly Mercy for 6ix and his ilk if their bad behavior attracts attention from God in Heaven or Mankind on Earth. To feel better about themselves, I know fools like Signym and 6ix habitually and energetically redefine evil as good and good as evil, but those lazy rhetorical tricks and silly mind games don't convince either judgmental Gods or Men to spare a fool's life.
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at
https://www.mediafire.com/folder/1uwh75oa407q8/Firefly
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You post that you're a non-believer, then you post about God.
You're nuts.
And, you dragged this thread off-topic.
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Pity would be no more,
If we did not MAKE someone poor - William Blake
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Quote:
How did you go bankrupt?
Two ways. Gradually, then suddenly.-Ernest Hemingway
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"It may be dangerous to be America's enemy, but to be America's friend is fatal." - Henry Kissinger
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I know I'm missing a number of items, but ..
Saudi Arabia accepts yuan for oil
Saudi Arabia makes peace with Syria.
Saudi Arabia becomes a candidate member of the SCO, seeks to join BRICs.
OPEC+ announces surprise production cut... and none of the producers and neither of the largest consumers (China, India) bothered to let Biden* in on the news.
China and Brazil sign non-dollar trade agreement.
Japan bows out of the anti-Russia oil price cap
Malaysia trades using Indian rupee.
This video explains how Biden's* foreign policy... which tramples friends and allies alike in its drive to destroy Russia... is bringing the petrodollar to it's knees.
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"It may be dangerous to be America's enemy, but to be America's friend is fatal." - Henry Kissinger
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