iBankCoin

The Bullshit Fallacy of “King Dollar”

King Dick.

Every time people trash talk the dollar there is always dollar defenders who pop out from the woodworks to say stuff like “meeehhhh, the dollar is currency reserve. Meeeeeh the dollar is up vs other currencies. There is a shortage of meeeeeeh dollars.”

For many years we had to good. Or did we?

Let’s examine a few things.


Overall wage growth has been ticking up after a spate of minimum wage increases for the poors. On the whole, normal slobs receive a 3% slap to their cocks per annum.


College tuitions is laughably cutting all dicks off. Now with child plus loans, parents are TETHERED to the $300,000 loans their brats kids take out from their schools, getting  meaningless degrees in being brainwashed by communist scum. Parents will DIE under the burden of these debts and after they die their homes will be seized by these colleges so that they may add more billions to their endowments.


If you have a family and want good health insurance, expect to pay $2,000 per MONTH you fucks. Not only that, LOOK AT THE GROWTH, as brain dead boomers milk the system and visit their specialists 7 times per week and doctor magicians make all of the money disappear into their yachts.


BEHOLD you fuckers the price of those commodities above the past year. You see that shit? YOUR DOLLARS ARE GARBAGE. I RATHER GET PAID IN GOLD BARS YOU FUCKS.

“GOLD ISNT ANY GOOD, MEEEEEH, LOOK AT THE SPY INSTEAD”.

 

You dumb son of a bitches. Do not compare gold to stocks, but to the fucking dollar. Over the past year gold is +12% vs the dollar and +50% over 5 years.

END GAME: The Russian war is causing the dollar to RAPIDLY LOSE VALUE IN A CLANDESTINE WAY. Have you see the price of real estate recently?

You are not alarmed because you have been comparing the dollar vs OTHER BULLSHIT FIAT CURRENCIES AND NOT VS THE STUFF YOU ACTUALLY BUY.

SIR — your fucking buying power is COLLAPSING. Russia, China, India, Brazil, Iran and others are starting to trade commodities in other currencies. The end is near and we have CROSSED THE FUCKING RUBICON, as America bleeds out $32T in debt and EUROPE BLEEDS OUT, totally fucked and only saved in 2012 by Germany, who is about to BLEED OUT due to Russia TURNING OFF THE FUCKING GAS.

What more evidence do you need to convince you that your dollars are rapidly declining in value????

Good nite.

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25 comments

  1. duuude

    And a cheery good fuck you morning to all !

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  2. metalleg

    So would I be correct in saying that we should either be buying gold bars or jumping off a building?

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  3. soupbone

    Actions speak more than words and so far, if one ignores all the blah blah, the Fed doesn’t want or plan to tighten much. Hence government is OK with inflation under the circumstances. This leaves us with TINA and no alternative but leaving money on the table. Even though the cycle is likely ending and some money should be taken off the table where to place the funds? Commodites are good but we all know the shelf life there due to the cycle. Too late for hedges because they have to be owned already to see the run-up.

    Fuck I hate all government.

    Maybe Gold, if only because government hates Gold.

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  4. juice

    sweet jesus

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  5. purdy

    Ha …I’m guessing that Lord Fly’s kids are at college age.

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    • metalleg

      Whether they are or they’re still in high school, I’d bet Fly will join the legion of suckers, just like myself, and plunk down at least $50k per year, per kid, so they can party like it’s 1999.

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  6. tha pirate

    How about we stop worrying about inflation and go spend another few TRILLION dollars on the Democrat slush fund.. I mean another ‘COVID’ relief package?

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  7. og

    I remember when my dad told me the Euro would displace the USD as the world’s reserve currency 20 years ago.

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  8. soupbone

    How about the Michael Barr appointment for deliberately trying to NOT solve the problems.

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  9. roguewave

    U.S. oligarchs:

    Elon Musk Wealth
    2012: $2 billion
    2022: $266 billion

    Jeff Bezos Wealth
    2012: $18 billion
    2022: $180 billion

    Bill Gates Wealth
    2012: $61 billion
    2022: $133 billion

    Warren Buffett Wealth
    2012: $44 billion
    2022: $125 billion

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  10. helen

    It’s a sad day for the society of our country (or any country for that matter) when imbeciles make fun of educated people and not get laughed at, but taken seriously!
    Education costs and healthcare costs have been skyrocketing because these institutions have been able to buy republicans and getting them to give them every tax break and loophole imaginable. If you’re supporting that diseased criminal party, you don’t get to complain about the consequences, You stupid fuck!
    If you start from Carter administration up to now, you’ll see that republican administration’s spending has been twice higher than democrat administration’s spending.
    This means, you don’t get to support the administration that brings these results (inflation in everything) and bitch about it!
    Truly frightening diseased though process that seems to have gotten hold on armies of uneducated motherfuckers to whom facts seem not to matter!

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    • Mr. Cain Thaler

      Helen, educational institutions have not bought Republicans. Healthcare and education are both extremely pro-Democrat in politics. You can see this in polling and campaign contributions.

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    • richardweiner

      My jizz was tested by scientists and shown to have .38 pp/mil dose of monoclonal antibodies. That’s a hospital grade dose. A mouthful could save your life. Want some?

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  11. soupbone

    Someone will run for office on an austerity platform from the get go, and get elected. We are overdue.

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  12. tjnyt

    When our global hegemony is threatened, the least we could do is to puff up the GDP via defense, health, and education rackets.
    Hey doc, boomers don’t want to go see seven specialists, believe you me, it’s its all about Karen’s, the daughters.

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  13. Dr. Fly

    HA! This thread is lit

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  14. john galt

    Dude Helen can’t be real, that’s flys antifa

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  15. roguewave

    @wmiddelkoop
    BRICS Reset: Transition to the new world economic order will likely be accompanied by systematic refusal to honor obligations in dollars, euro, pound, and yen. In this respect, it will be no different from the example set by the countries issuing these currencies ..

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