Build back better

[Dreamer screamer 505]

So what exactly is build back better?     Why are all the big players saying the same thing?

[OverSword 57,975]

Build Back Better is not just a political slogan, it refers to the official Sendai Framework of disaster recovery that was adopted in the UN World Conference on Disaster Risk Reduction in Sendai, Japan in 2015. ... Its definition is broad enough to cover any disaster scenario.

 

The truth is it's just stupid corporate motivational style crap.

Edited January 19 by OverSword

[clare256 191]

Not a conspiracy ... its the overuse of a catch phrase that politicians and news people perpetuate because they're  too lazy to come up with their own phrases. Personally, I'm sick of the word systemic, hear it at least once a day.

[Dreamer screamer 505]

 

Quote

The truth is it's just stupid corporate motivational style crap.

How does a country in so much debt build back better? 

https://commodity.com/data/uk/debt-clock/

So how do people pay that back while producing the same debt?   

[seanjo 6,786]

1 minute ago, Dreamer screamer said:

 

How does a country in so much debt build back better? 

https://commodity.com/data/uk/debt-clock/

So how do people pay that back while producing the same debt?   

Cut backs in public spending, in other words living within your means. It's been done before under Maggie.

[Dreamer screamer 505]

8 minutes ago, clare256 said:

Not a conspiracy ... its the overuse of a catch phrase that politicians and news people perpetuate because they're  too lazy to come up with their own phrases. Personally, I'm sick of the word systemic, hear it at least once a day.

They're conspiring together?

conspiring: to plan secretly with other people to do something bad, illegal, or against someone's wishes

 

[seanjo 6,786]

Just now, Dreamer screamer said:

They're conspiring together?

conspiring: to plan secretly with other people to do something bad, illegal, or against someone's wishes

 

In a public video on YouTube?

 

[OverSword 57,975]

3 minutes ago, seanjo said:

Cut backs in public spending, in other words living within your means. It's been done before under Maggie.

Never happen with democrats or republicans in charge of the USA

[Dreamer screamer 505]

34 minutes ago, seanjo said:

In a public video on YouTube?

 

Got to think bigger and open that mind up!

[Dreamer screamer 505]

32 minutes ago, OverSword said:

Never happen with democrats or republicans in charge of the USA

https://www.usdebtclock.org/

27 trillion? debt!     How does biden propose to get that reduced when he enters office?   

[OverSword 57,975]

5 minutes ago, Dreamer screamer said:

https://www.usdebtclock.org/

27 trillion? debt!     How does biden propose to get that reduced when he enters office?   

He doesn't.  He intends to increase spending in order to stimulate the economy.

[Dreamer screamer 505]

Just now, OverSword said:

He doesn't.  He intends to increase spending in order to stimulate the economy.

Where does that money come from?

[OverSword 57,975]

12 minutes ago, Dreamer screamer said:

Where does that money come from?

The federal reserve bank

[Dreamer screamer 505]

3 minutes ago, OverSword said:

The federal reserve bank

The federal reserve bank.    People like you scare me too death.   Have you ever watched - wizard of OZ?  Did you understand the undertones of that movie?

[OverSword 57,975]

2 minutes ago, Dreamer screamer said:

The federal reserve bank.    People like you scare me too death.   Have you ever watched - wizard of OZ?  Did you understand the undertones of that movie?

Where do you think the US government get's money?  They borrow if from "the fed" (perhaps you've heard of them) with a guarantee to pay it back over time with money taxed from the citizenry.  Bidens plan is to spend more money to stimulate the economy and  generate the tax dollars.

Edited January 19 by OverSword

[Dreamer screamer 505]

Just now, OverSword said:

Where do you think the US government get's money?  They borrow if from "the fed" (perhaps you've heard of them) with a guarantee to pay it back over time with money taxed from the citizenry.

Have you ever researched the history of America?   You should, it is a right eye opener.    Another thing you should look into is why is there that "IN GOD WE TRUST!!"  You just went from A to Z and forgot about everything else you have to take into account.   It's simple to type.   B O R R O W  M O N E Y  F R O M  B A N K < in a robot voice, with not thinking, no history, no nothing.  Empty blank statement to solve the problems America faces.   You really think it is going to be that easy?       Then you my friend have NOT been paying attention at all.    

[OverSword 57,975]

5 minutes ago, Dreamer screamer said:

Have you ever researched the history of America?   You should, it is a right eye opener.    Another thing you should look into is why is there that "IN GOD WE TRUST!!"  You just went from A to Z and forgot about everything else you have to take into account.   It's simple to type.   B O R R O W  M O N E Y  F R O M  B A N K < in a robot voice, with not thinking, no history, no nothing.  Empty blank statement to solve the problems America faces.   You really think it is going to be that easy?       Then you my friend have NOT been paying attention at all.    

https://www.thebalance.com/how-is-the-fed-monetizing-debt-3306126

Here is how it works.

[OverSword 57,975]

@Dreamer screamer So I gave you an explanation after you accused of being a robot and making references to the wizard of oz.  Care to tell me the real version where we Trust In God and don't go from A to Z without skipping all the other stuff?  Is it aliens? 

[seanjo 6,786]

57 minutes ago, Dreamer screamer said:

Got to think bigger and open that mind up!

Why is it always the most closed minded that tell you to open your mind. My mind is wide open, I go with the evidence not the conspiracy.

[OverSword 57,975]

2 minutes ago, seanjo said:

Why is it always the most closed minded that tell you to open your mind. My mind is wide open, I go with the evidence not the conspiracy.

To be fair we are in the conspiracy section.  I would just like to know where the conspiracy is here?  I mean besides Dreamer Screamer pointing me towards the Wizard of Oz 

[Dreamer screamer 505]

23 minutes ago, OverSword said:

https://www.thebalance.com/how-is-the-fed-monetizing-debt-3306126

Here is how it works.

Nope!  Not even close.

[OverSword 57,975]

2 minutes ago, Dreamer screamer said:

Nope!  Not even close.

Then please explain.  I have an open mind.

[Dreamer screamer 505]

11 minutes ago, OverSword said:

@Dreamer screamer So I gave you an explanation after you accused of being a robot and making references to the wizard of oz.  Care to tell me the real version where we Trust In God and don't go from A to Z without skipping all the other stuff?  Is it aliens? 

Nope.

The Federal Reserve Act of 1913 established the Federal Reserve System as the central bank of the United States to provide the nation with a safer, more flexible, and more stable monetary and financial system. ... Congress has the power to amend the Federal Reserve Act, which it has done several times over the years.

https://www.mentalfloss.com/article/12715/why-did-us-abandon-gold-standard

What is the gold standard?

It’s a monetary system that directly links a currency’s value to that of gold. A country on the gold standard cannot increase the amount of money in circulation without also increasing its gold reserves. Because the global gold supply grows only slowly, being on the gold standard would theoretically hold government overspending and inflation in check. No country currently backs its currency with gold, but many have in the past, including the U.S.; for half a century beginning in 1879, Americans could trade in $20.67 for an ounce of gold. The country effectively abandoned the gold standard in 1933, and completely severed the link between the dollar and gold in 1971. The U.S. now has a fiat money system, meaning the dollar’s value is not linked to any specific asset.

fiat

If something is done by fiat, it is done because of an official order given by someone in authority.   <----It's there, but do you comprehend it?   if no gold, who gives the authority for fiat currency to exist?

[OverSword 57,975]

1 minute ago, Dreamer screamer said:

Nope.

The Federal Reserve Act of 1913 established the Federal Reserve System as the central bank of the United States to provide the nation with a safer, more flexible, and more stable monetary and financial system. ... Congress has the power to amend the Federal Reserve Act, which it has done several times over the years.

https://www.mentalfloss.com/article/12715/why-did-us-abandon-gold-standard

What is the gold standard?

It’s a monetary system that directly links a currency’s value to that of gold. A country on the gold standard cannot increase the amount of money in circulation without also increasing its gold reserves. Because the global gold supply grows only slowly, being on the gold standard would theoretically hold government overspending and inflation in check. No country currently backs its currency with gold, but many have in the past, including the U.S.; for half a century beginning in 1879, Americans could trade in $20.67 for an ounce of gold. The country effectively abandoned the gold standard in 1933, and completely severed the link between the dollar and gold in 1971. The U.S. now has a fiat money system, meaning the dollar’s value is not linked to any specific asset.

fiat

If something is done by fiat, it is done because of an official order given by someone in authority.   <----It's there, but do you comprehend it?   if no gold, who gives the authority for fiat currency to exist?

How does this refute anything I've linked to?  It doesn't.  Not at all.  Nobody said one thing about the gold standard.  the question was where does the government get the funds to stimulate the economy, the answer was they borrow it from the fed. So WTF are you arguing?  I don't get it. You seem confused.

[Dreamer screamer 505]

Just now, OverSword said:

How does this refute anything I've linked to?  It doesn't.  Not at all.  Nobody said one thing about the gold standard.  the question was where does the government get the funds to stimulate the economy, the answer was they borrow it from the fed. So WTF are you arguing?  I don't get it. You seem confused.

What are you borrowing from the fed? how are you borrowing it?  if there is no gold backing up the notes, then are the banks just printing up the fed promissory notes? why can't you do that?    The banks print up their own notes for you to borrow and pay back interest?