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So all savingsmos are FUCKED when USD stops being global reserve currency?

am I wasting my life by saving
learning disabled razzle-dazzle private investor
  02/15/20
Do what you love
Pink Whorehouse Wagecucks
  02/15/20
...
Appetizing psychic area
  02/15/20
Equity mos will have even more USD
disrespectful yapping point queen of the night
  02/15/20
just dont hold cash
Khaki indian lodge therapy
  02/15/20
vast majority of s&p 500 are companies that more or less...
learning disabled razzle-dazzle private investor
  02/15/20
This is why you should just buy VT (or VTI/VXUS) and get mar...
Titillating burgundy crotch
  02/15/20
I wish you could exclude certain countries based on (wise) r...
Indecent hairless trailer park
  02/15/20
Doesn’t it basically do this by being cap weighted? Yo...
pea-brained vigorous gaming laptop
  02/15/20
yeah good point
Indecent hairless trailer park
  02/15/20
...
Frozen milky principal's office
  02/15/20
180. i've been thinking about this for a while, everytime i ...
learning disabled razzle-dazzle private investor
  02/15/20
do you have a slampig at least
salmon elite hell circlehead
  02/15/20
nope. my only pleasure really is the one night a week i drin...
learning disabled razzle-dazzle private investor
  02/15/20
How would it stop being the GRC?
diverse spruce center
  02/15/20
China stops buying oil in USD, floats their currency instead...
Twinkling Becky Gas Station
  02/15/20
It would be total chao communism
diverse spruce center
  02/15/20
one of the biggest factors maintaining USD as GRC is our mil...
learning disabled razzle-dazzle private investor
  02/15/20
"like one week after saddam switched to exclusive use o...
disturbing brethren hall
  02/15/20
maybe exact details are off but broader point is not http...
learning disabled razzle-dazzle private investor
  02/15/20
DAT BASKET OF CURRENCIES
Rebellious keepsake machete step-uncle's house
  02/15/20
Yeah the system is set up to discourage saving and encourage...
Soul-stirring Sticky Selfie
  02/15/20
Yeah
Claret idiot
  02/15/20
...
Appetizing psychic area
  02/15/20
$
salmon elite hell circlehead
  02/15/20
...
Soul-stirring Sticky Selfie
  02/15/20
...
Amethyst Rigpig
  02/15/20
...
Swashbuckling Topaz Pit
  02/17/20
I read that the foreign demand for dollars is why we can pri...
mauve persian parlor
  02/15/20
yes. most americans only have the living standard they have ...
learning disabled razzle-dazzle private investor
  02/15/20
not in our lifetimes
shaky ruddy chad
  02/15/20
of course it can happen in our lifetimes
glittery mad cow disease coffee pot
  02/15/20
...
learning disabled razzle-dazzle private investor
  02/15/20
...
Swashbuckling Topaz Pit
  02/16/20
https://www.scmp.com/business/banking-finance/article/305061...
Aquamarine Azn Cruise Ship
  02/16/20
...
learning disabled razzle-dazzle private investor
  02/16/20
Petrodollar ftw
useless cerebral station
  02/15/20
Buy reserve RSR
green buck-toothed nursing home kitty cat
  02/16/20
Invest in things besides USD?
Galvanic blue lodge
  02/16/20
...
pea-brained vigorous gaming laptop
  02/16/20
(Guy investing in USD)
Lemon Karate Church Building
  02/16/20
Actually it’s because America is much more productive ...
heady marketing idea hospital
  02/16/20
BTC to 1 million
flickering spectacular church mediation
  02/16/20
...
green buck-toothed nursing home kitty cat
  02/16/20
Hope you bought ethereum
gold field boistinker
  02/16/20
In other words, buy gold!
navy swollen genital piercing
  02/16/20
What kind of "savingsmo" keeps their "savings...
Turquoise erotic multi-billionaire set
  02/16/20
proles LOVE bragging about their savings accounts lmao
shaky ruddy chad
  02/16/20
Half of them mean "sack with $150 under the mattress&qu...
Turquoise erotic multi-billionaire set
  02/16/20
I have way too much in USD but have no idea where to put it....
Swashbuckling Topaz Pit
  02/16/20
buying more stocks isn't the solution, see above -- it's all...
learning disabled razzle-dazzle private investor
  02/16/20
KRW. insane how strong the dollar is now. sell KRW later whe...
adventurous giraffe shrine
  02/16/20
Buy bitcoin you queer
green buck-toothed nursing home kitty cat
  02/16/20
No way.
Swashbuckling Topaz Pit
  02/16/20
It took World War 2 for the pound to lose GRC status. So yea...
Arousing sapphire tanning salon
  02/16/20
US is in a relatively good spot re a global conflict
Irradiated Overrated Chapel
  02/16/20
yeah it's not like a majority our young population is either...
learning disabled razzle-dazzle private investor
  02/16/20
I'd bet money the fraudlies that is the PRC collapses before...
Arousing sapphire tanning salon
  02/16/20
a lot supports your hypothesis but that doesnt mean ameriKKK...
learning disabled razzle-dazzle private investor
  02/16/20
this is why all my money is in gold bricks and hidden away
Olive flatulent volcanic crater meetinghouse
  02/16/20


Poast new message in this thread



Reply Favorite

Date: February 15th, 2020 7:51 PM
Author: learning disabled razzle-dazzle private investor

am I wasting my life by saving

(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39600767)



Reply Favorite

Date: February 15th, 2020 8:05 PM
Author: Pink Whorehouse Wagecucks

Do what you love

(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39600814)



Reply Favorite

Date: February 15th, 2020 9:14 PM
Author: Appetizing psychic area



(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39600981)



Reply Favorite

Date: February 15th, 2020 8:38 PM
Author: disrespectful yapping point queen of the night

Equity mos will have even more USD

(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39600904)



Reply Favorite

Date: February 15th, 2020 8:41 PM
Author: Khaki indian lodge therapy

just dont hold cash

(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39600914)



Reply Favorite

Date: February 15th, 2020 8:51 PM
Author: learning disabled razzle-dazzle private investor

vast majority of s&p 500 are companies that more or less exist by producing things in other countries and selling them in america, which only works because TTT usa only has USD to offer in exchange (in comparison to normal countries, which ave to be competitive in world markets so they can have exports to finance imports).

if USD goes most stocks are gone. unless you're a boomer goldmo.

(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39600931)



Reply Favorite

Date: February 15th, 2020 9:26 PM
Author: Titillating burgundy crotch

This is why you should just buy VT (or VTI/VXUS) and get market cap-weighted international exposure.

(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39601011)



Reply Favorite

Date: February 15th, 2020 9:36 PM
Author: Indecent hairless trailer park

I wish you could exclude certain countries based on (wise) racism

(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39601046)



Reply Favorite

Date: February 15th, 2020 9:48 PM
Author: pea-brained vigorous gaming laptop

Doesn’t it basically do this by being cap weighted? You’re not buying a whole lot of Zimbabwe.

(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39601082)



Reply Favorite

Date: February 15th, 2020 9:48 PM
Author: Indecent hairless trailer park

yeah good point

(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39601086)



Reply Favorite

Date: February 15th, 2020 8:52 PM
Author: Frozen milky principal's office



(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39600936)



Reply Favorite

Date: February 15th, 2020 9:12 PM
Author: learning disabled razzle-dazzle private investor

180. i've been thinking about this for a while, everytime i see my co workers go out on random thursday nights meanwhile i go home to my TTT rice and beans dinner.

(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39600978)



Reply Favorite

Date: February 15th, 2020 9:13 PM
Author: salmon elite hell circlehead

do you have a slampig at least

(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39600980)



Reply Favorite

Date: February 15th, 2020 9:21 PM
Author: learning disabled razzle-dazzle private investor

nope. my only pleasure really is the one night a week i drink.

(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39601001)



Reply Favorite

Date: February 15th, 2020 9:16 PM
Author: diverse spruce center

How would it stop being the GRC?

(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39600987)



Reply Favorite

Date: February 15th, 2020 9:21 PM
Author: Twinkling Becky Gas Station

China stops buying oil in USD, floats their currency instead of their current peg, etc.

It will never actually happen.

(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39600997)



Reply Favorite

Date: February 15th, 2020 9:36 PM
Author: diverse spruce center

It would be total chao communism

(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39601043)



Reply Favorite

Date: February 15th, 2020 9:29 PM
Author: learning disabled razzle-dazzle private investor

one of the biggest factors maintaining USD as GRC is our military presence across the world. (like one week after saddam switched to exclusive use of euros we invaded, etc.) not impossible to imagine a fiscal situation in which we had to cut our defense budget because our sovereign debt is just impossible to maintain. especially since china could easily overtake our worldwide military commitments - cheaper soldiers and very soon larger nominal GDP to throw at this shit, however hesitant they may be at this

(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39601018)



Reply Favorite

Date: February 15th, 2020 9:33 PM
Author: disturbing brethren hall

"like one week after saddam switched to exclusive use of euros we invaded, etc"

Legit of some wack job conspiracy theory?

(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39601030)



Reply Favorite

Date: February 15th, 2020 9:37 PM
Author: learning disabled razzle-dazzle private investor

maybe exact details are off but broader point is not

https://en.wikipedia.org/wiki/Petrodollar_warfare

this is what america's reserve of real, loyal citizens have been dying for during the past 3 decades

(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39601047)



Reply Favorite

Date: February 15th, 2020 9:45 PM
Author: Rebellious keepsake machete step-uncle's house

DAT BASKET OF CURRENCIES

(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39601074)



Reply Favorite

Date: February 15th, 2020 9:16 PM
Author: Soul-stirring Sticky Selfie

Yeah the system is set up to discourage saving and encourage consumption and taking out loans

It's pretty sad and sick

(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39600989)



Reply Favorite

Date: February 15th, 2020 9:20 PM
Author: Claret idiot

Yeah

(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39600994)



Reply Favorite

Date: February 15th, 2020 9:20 PM
Author: Appetizing psychic area



(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39600995)



Reply Favorite

Date: February 15th, 2020 9:21 PM
Author: salmon elite hell circlehead

$

(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39600999)



Reply Favorite

Date: February 15th, 2020 9:34 PM
Author: Soul-stirring Sticky Selfie



(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39601034)



Reply Favorite

Date: February 15th, 2020 10:29 PM
Author: Amethyst Rigpig



(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39601199)



Reply Favorite

Date: February 17th, 2020 12:23 AM
Author: Swashbuckling Topaz Pit



(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39605668)



Reply Favorite

Date: February 15th, 2020 9:33 PM
Author: mauve persian parlor

I read that the foreign demand for dollars is why we can print money without inflation as we have been... Is this true?

(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39601032)



Reply Favorite

Date: February 15th, 2020 9:39 PM
Author: learning disabled razzle-dazzle private investor

yes. most americans only have the living standard they have because they're paid in US dollars. if you were, say, another pointless white collar cog in thailand, you'd have generate enough marginal value in your local currency and then the international GCR (the USD) to buy the average product on the global market, regardless of what country it came from (buying an import from china or india or US or canada all costs USD). in america you just have to be marginally competitive in our shitty economy, get USD, and be a fat prole consumer

(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39601052)



Reply Favorite

Date: February 15th, 2020 9:36 PM
Author: shaky ruddy chad

not in our lifetimes

(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39601045)



Reply Favorite

Date: February 15th, 2020 9:52 PM
Author: glittery mad cow disease coffee pot

of course it can happen in our lifetimes

(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39601093)



Reply Favorite

Date: February 15th, 2020 9:55 PM
Author: learning disabled razzle-dazzle private investor



(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39601100)



Reply Favorite

Date: February 16th, 2020 5:21 PM
Author: Swashbuckling Topaz Pit



(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39603892)



Reply Favorite

Date: February 16th, 2020 8:14 PM
Author: Aquamarine Azn Cruise Ship

https://www.scmp.com/business/banking-finance/article/3050613/us-government-borrows-record-low-rates-yield-falls-global

(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39604673)



Reply Favorite

Date: February 16th, 2020 8:25 PM
Author: learning disabled razzle-dazzle private investor



(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39604725)



Reply Favorite

Date: February 15th, 2020 9:37 PM
Author: useless cerebral station

Petrodollar ftw

(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39601048)



Reply Favorite

Date: February 16th, 2020 12:02 PM
Author: green buck-toothed nursing home kitty cat

Buy reserve RSR

(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39602567)



Reply Favorite

Date: February 16th, 2020 1:15 PM
Author: Galvanic blue lodge

Invest in things besides USD?

(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39602877)



Reply Favorite

Date: February 16th, 2020 7:08 PM
Author: pea-brained vigorous gaming laptop



(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39604371)



Reply Favorite

Date: February 16th, 2020 1:28 PM
Author: Lemon Karate Church Building

(Guy investing in USD)

(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39602923)



Reply Favorite

Date: February 16th, 2020 1:35 PM
Author: heady marketing idea hospital

Actually it’s because America is much more productive than most other places, reserve currency status has very little to do with that

(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39602949)



Reply Favorite

Date: February 16th, 2020 1:50 PM
Author: flickering spectacular church mediation

BTC to 1 million

(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39603009)



Reply Favorite

Date: February 16th, 2020 1:55 PM
Author: green buck-toothed nursing home kitty cat



(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39603029)



Reply Favorite

Date: February 16th, 2020 1:59 PM
Author: gold field boistinker

Hope you bought ethereum

(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39603039)



Reply Favorite

Date: February 16th, 2020 5:23 PM
Author: navy swollen genital piercing

In other words, buy gold!

(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39603902)



Reply Favorite

Date: February 16th, 2020 5:24 PM
Author: Turquoise erotic multi-billionaire set

What kind of "savingsmo" keeps their "savings" in "USD?"

(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39603909)



Reply Favorite

Date: February 16th, 2020 5:30 PM
Author: shaky ruddy chad

proles LOVE bragging about their savings accounts lmao

(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39603939)



Reply Favorite

Date: February 16th, 2020 5:31 PM
Author: Turquoise erotic multi-billionaire set

Half of them mean "sack with $150 under the mattress" ljl

(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39603942)



Reply Favorite

Date: February 16th, 2020 8:26 PM
Author: Swashbuckling Topaz Pit

I have way too much in USD but have no idea where to put it. I've been buying more stocks, but everything is overpriced and getting more expensive. What is everyone putting money into these days? No crytoflame or other bullshit.

(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39604739)



Reply Favorite

Date: February 16th, 2020 8:41 PM
Author: learning disabled razzle-dazzle private investor

buying more stocks isn't the solution, see above -- it's all still huge exposure to assumption that USD will forever been GRC.

(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39604840)



Reply Favorite

Date: February 16th, 2020 8:42 PM
Author: adventurous giraffe shrine

KRW. insane how strong the dollar is now. sell KRW later when it goes back up. (or just buy at exactly 1200)

YWIA.

(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39604850)



Reply Favorite

Date: February 16th, 2020 9:26 PM
Author: green buck-toothed nursing home kitty cat

Buy bitcoin you queer

(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39605042)



Reply Favorite

Date: February 16th, 2020 11:44 PM
Author: Swashbuckling Topaz Pit

No way.

(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39605504)



Reply Favorite

Date: February 16th, 2020 8:34 PM
Author: Arousing sapphire tanning salon

It took World War 2 for the pound to lose GRC status. So yea, if another world changing event takes place we're screwed.

(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39604804)



Reply Favorite

Date: February 16th, 2020 8:45 PM
Author: Irradiated Overrated Chapel

US is in a relatively good spot re a global conflict

(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39604860)



Reply Favorite

Date: February 16th, 2020 8:50 PM
Author: learning disabled razzle-dazzle private investor

yeah it's not like a majority our young population is either on opioids, fat, or just hates our country enough to side with foreigners' "oppression"

(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39604887)



Reply Favorite

Date: February 16th, 2020 9:15 PM
Author: Arousing sapphire tanning salon

I'd bet money the fraudlies that is the PRC collapses before the US does.

(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39604998)



Reply Favorite

Date: February 16th, 2020 9:16 PM
Author: learning disabled razzle-dazzle private investor

a lot supports your hypothesis but that doesnt mean ameriKKKa has a lot of increasingly insurmountable problemS

(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39605007)



Reply Favorite

Date: February 16th, 2020 11:51 PM
Author: Olive flatulent volcanic crater meetinghouse

this is why all my money is in gold bricks and hidden away

(http://www.autoadmit.com/thread.php?thread_id=4446316&forum_id=2#39605538)