Loading ...I can’t buy that at all. I know for a fact that used car buyers and sellers want CASH, green stuff. Same thing with auctions, and yard sales.
Re your “they are purposely trying to crash the economy” That makes sense to me because I’ve stated many times, over the years the whole global financial system “banking” on a fiat currency since 1971 is like a car with 260,000 miles on it, and its has had too many accumulating problems, and has to be replaced. Or totally restructured, or make the system evolve back to the 1800 to 2013 era over 100 years with zero inflation. But how do you change the transmission while driving?
I was very suspicious about the recently stopped virus economy, because nobody gets the blame. Like after the 2008 crash. All kinds of various blames.
The 2008 crash was in my view a confirmed the ending of that very short term 100 year fool hardy experiment. Hey it half ass worked, and we got too many, too often, advances and wars, plusses and minuses, ups and downs ahead of natural organic time scheduled. The dim wit Bankers had to know by 1929 that 1913 was a mistake. Why continue? A typical 10 steps forward and 5 steps back. They CAN’T admit a mistake, plus non organic special interests involved.
And the Barfoons continued the stupidity after 1934 led to 1971 and did it AGAIN, which let to 1981 21% rates dead stocks and real estate for 10 years and gas lines. 1981 high rates led to deflation in commodities 1981 to 2001, $800 gold to $250 gold, heating oil was .43 cents, Copper and 40 cents, silver $2.50? and all other metals and lumber also too cheap, everybody was shutting down, and baby Bush had to put tariffs on steel and lumber, until the barfoons got lowered dollar laxative to kick in.
Common man career student Bankers had no business screwing around with mother nature capitalism after 1913. The needed some common sense mechanics to guide them. They were simply highly educated by colleges’ and too “book smart”. Many years ago I heard in Germany, if you went to school to be a mechanical engineer, afterward, you had to work in a factory for a time to get your license. Simple common sense. Doctors and dentists have to do a similar thing.
For the first time in my life I heard someone on financial media, other than me, CNBC Joe Kernin admited that the USA is a socialist country because strong states support weak states thru the Fed Gov’t manager and tax laws. They were discussing the new 2017 SALT tax law. (another clear reversal from a 100 year old tax law)