I try to not bring up the Rothchilde connectionm I don't want to go down that rabbit hole. People will try to distort my view and say I'm an antiSemite. That's not it, I'm anti debt backed currency

I'm anti fiat currency.

A government, whether run by Republicans of Democrats, cannot be trusted with the power to create money without limits.

I am in bewilderment many times when I hear individuals use terms like "strict constitutionalist(not throwing that at you Mark). The Constitution defines what our money should be and who has the power to coin it.

Our standard of living might not be the same if we'd remained on the gold standard but I am positive our liberties wouldn't have been eroded as they have been the last 80 or so years

The problem is the American people are for it because they get $600 for every $100,000 printed. See what happens when they stop teaching real math in school. Its the morales, values and intelligence of the American people that allow the swamp to exist.

Our education here sucks because it's what those in power approve of. Schools are not allowed to teach certain things. Things that people should know.

For a change WI politicians showed some backbone. The entire WI Republican congressional delegation (5 Representatives and 1 Senator) voted against this pork filled travesty.

No worries Steven. The fact that someone is born of a tribe of people doesn't make them anything more than "one of them." People have for too long called a Jew a Jew as if they are all the same? Anyone else see a tribe that all is the same?
Nope.

The Rothschilds may be heritage Jewish but it doesn't seem that family is anything but the heritage of cash.

Blessings,
Mark

The way the world is heading, especially the last few years, makes me glad I'm 66 and don't have to deal with a lot of it... can't say the same for my kids though... hopefully they are a little more open minded than I have become...

Valid point.

$600 a pop equals to about 180 billion total. What is the total amount in this bill though, about 900 billion? So only 2% of this stimulus bill is going back to the people.

Not so fast. Trump threatening to veto the bill unless congress cuts the funding to other countries and increases payout from 600 to 2k per american.

Pikeriver, that’s 20% not 2.

However, not much to be supportive of either way you slice it.

Not at all, all the domestic aspect of this will reach the people, as UE payments, stipends to small businesses to maintain labor force, assistance for many aspects. Those funds that are targeted for foreign entities may be to help economies that buy US commodities and goods. When we spend money we don't have many will benefit but we all pay the price. At least that is how it works for those of us that pay our debts. As Mark's graph noted the USA either as individuals, government or the fed own 70% of the debt. It does seem that many investors prefer the "secure" investments of US debt. We don't know yet how fragile that may be. We have however decided to greatly increase debt during the great recession of 2008-09, during the greatest economy the world has ever seen 2017-2019 with historically low UE and now during a worldwide virus situation. It seems we have now found any reason or situation to add debt and anyone from liberal Dems to conservative Reps embrace the desire to do so. It will all work out real well for us as long as we lease vehicles, sell hamburgers to each other, buy new appliances on time every few years and take out 30 and 40 year mortgages and get home equity loans every 3-5 years to pay down our credit cards. Low cost interest raises all prices and reduces risk for the short term and Americans are short term materialistic users.

Bryce

You're right. I didn't feel like taking off my shoes to check my math.

Just say "bankers".

In a fiat system money is created through debt. The response by the central banks and governments of the world to the financial crisis in 08 requires the world to try borrow itself into prosperity. It's a vicious circle that has been tried and failed many times before.

Bryce, I disagree that many investors prefer the "secure" investment of tbonds, it's that they have no other choice. They are bullied into it.

So who are the investors that are bullied are they USA investors or foreign or both? Whatever reason they are investing in the debt. Maybe it is a trade off for other benefits.

Bryce

If I remember right you were a Biden fan better git used to it

When the dollar goes down the toilet it is gonna be bad.

Lindsey Graham, our great Republican, was a supporter (or maybe even the sponsor) of the money given to Pakistan.