Do you even invest?

Off-topic? You mean on-topic!
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goIftdibrad
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D Griff wrote: Fri Dec 08, 2017 7:56 am
Big Brain Bradley wrote: Fri Dec 08, 2017 7:50 am

:wtf:

:fax: hates most things.
:dat:
hate is such a strong word.

i like you boo Image
brain go brrrrrr
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goIftdibrad
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[user not found] wrote: Fri Dec 08, 2017 8:00 am
Big Brain Bradley wrote:
:wtf:

libertarians hate fiat currency.
They hate governmental manipulation of it. This isn't a requirement. It's just something we've fallen into. A fiat currency could easily be truly market based.
sure, if its tired to a commodity, like say GOLD
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D Griff
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Big Brain Bradley wrote: Fri Dec 08, 2017 8:07 am
D Griff wrote: Fri Dec 08, 2017 7:56 am

:dat:
hate is such a strong word.

i like you boo Image
:zing:
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wap
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D Griff wrote: Fri Dec 08, 2017 7:50 am Dumb question, why is it called a fiat currency? Because Abarf?
fiat
[fee-aht, -at; fahy-uh t, -at]
Spell Syllables
Examples Word Origin
See more synonyms on Thesaurus.com
noun
1.
an authoritative decree, sanction, or order:
a royal fiat.
Synonyms: authorization, directive, ruling, mandate, diktat, ukase.


Basically fiat currency means that it's currency because we say (all agree) that it is.

The expression "rule by fiat" means to rule by decree, kind of like what Herr Cheato is trying to do with all his presidential edicts.
:wap: Where are these mangos?
Detroit wrote: Fri Apr 16, 2021 1:19 pm I don't understand anything anymore.
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wap
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D Griff wrote: Fri Dec 08, 2017 7:56 am
Big Brain Bradley wrote: Fri Dec 08, 2017 7:50 am

:wtf:

:fax: hates most things.
:dat:
:dat:
:wap: Where are these mangos?
Detroit wrote: Fri Apr 16, 2021 1:19 pm I don't understand anything anymore.
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goIftdibrad
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[user not found] wrote: Fri Dec 08, 2017 11:40 am
Big Brain Bradley wrote:
sure, if its tired to a commodity, like say GOLD
No need for a commodity for a .gov currency to be market based. See: Bitcoin. No .gov has an interest in it, but it's easily possible.
The power of bit coin (or a commodity) is that it cannot be manipulated by the government.

Gov manipulation is why most Fiat currencies end up failing.
brain go brrrrrr
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D Griff
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wap wrote: Fri Dec 08, 2017 11:38 am
D Griff wrote: Fri Dec 08, 2017 7:50 am Dumb question, why is it called a fiat currency? Because Abarf?
fiat
[fee-aht, -at; fahy-uh t, -at]
Spell Syllables
Examples Word Origin
See more synonyms on Thesaurus.com
noun
1.
an authoritative decree, sanction, or order:
a royal fiat.
Synonyms: authorization, directive, ruling, mandate, diktat, ukase.


Basically fiat currency means that it's currency because we say (all agree) that it is.

The expression "rule by fiat" means to rule by decree, kind of like what Herr Cheato is trying to do with all his presidential edicts.
:word:

Thanks for the education, that's a vocabulary word that clearly went right out the window after the quiz in 7th grade for me.
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wap
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D Griff wrote: Fri Dec 08, 2017 12:13 pm
wap wrote: Fri Dec 08, 2017 11:38 am

fiat
[fee-aht, -at; fahy-uh t, -at]
Spell Syllables
Examples Word Origin
See more synonyms on Thesaurus.com
noun
1.
an authoritative decree, sanction, or order:
a royal fiat.
Synonyms: authorization, directive, ruling, mandate, diktat, ukase.


Basically fiat currency means that it's currency because we say (all agree) that it is.

The expression "rule by fiat" means to rule by decree, kind of like what Herr Cheato is trying to do with all his presidential edicts.
:word:

Thanks for the education, that's a vocabulary word that clearly went right out the window after the quiz in 7th grade for me.
:howdy:
:wap: Where are these mangos?
Detroit wrote: Fri Apr 16, 2021 1:19 pm I don't understand anything anymore.
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wap
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D Griff wrote: Fri Dec 08, 2017 12:13 pm
wap wrote: Fri Dec 08, 2017 11:38 am

fiat
[fee-aht, -at; fahy-uh t, -at]
Spell Syllables
Examples Word Origin
See more synonyms on Thesaurus.com
noun
1.
an authoritative decree, sanction, or order:
a royal fiat.
Synonyms: authorization, directive, ruling, mandate, diktat, ukase.


Basically fiat currency means that it's currency because we say (all agree) that it is.

The expression "rule by fiat" means to rule by decree, kind of like what Herr Cheato is trying to do with all his presidential edicts.
:word:

Thanks for the education, that's a vocabulary word that clearly went right out the window after the quiz in 7th grade for me.
I stumped Pecs this morning in OT with sobriquet. :lol:
:wap: Where are these mangos?
Detroit wrote: Fri Apr 16, 2021 1:19 pm I don't understand anything anymore.
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wap wrote: Fri Dec 08, 2017 1:24 pm
D Griff wrote: Fri Dec 08, 2017 12:13 pm

:word:

Thanks for the education, that's a vocabulary word that clearly went right out the window after the quiz in 7th grade for me.
I stumped Pecs this morning in OT with sobriquet. :lol:
:dat:

The vernacular used around here is a little higher than my usual day-to-day conversations at times.
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Big Brain Bradley wrote: Fri Dec 08, 2017 8:08 am
[user not found] wrote: Fri Dec 08, 2017 8:00 am They hate governmental manipulation of it. This isn't a requirement. It's just something we've fallen into. A fiat currency could easily be truly market based.
sure, if its tired to a commodity, like say GOLD
:dat:
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wap
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Apex wrote: Fri Dec 08, 2017 1:29 pm
wap wrote: Fri Dec 08, 2017 1:24 pm

I stumped Pecs this morning in OT with sobriquet. :lol:
:dat:

The vernacular used around here is a little higher than my usual day-to-day conversations at times.
:zing:
:wap: Where are these mangos?
Detroit wrote: Fri Apr 16, 2021 1:19 pm I don't understand anything anymore.
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wap wrote: Fri Dec 08, 2017 2:24 pm
Apex wrote: Fri Dec 08, 2017 1:29 pm

:dat:

The vernacular used around here is a little higher than my usual day-to-day conversations at times.
:zing:
Image
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wap
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Apex wrote: Fri Dec 08, 2017 2:27 pm
wap wrote: Fri Dec 08, 2017 2:24 pm

:zing:
Image
:woodplow: Aubrey Plaza
:wap: Where are these mangos?
Detroit wrote: Fri Apr 16, 2021 1:19 pm I don't understand anything anymore.
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wap wrote: Fri Dec 08, 2017 3:23 pm
Apex wrote: Fri Dec 08, 2017 2:27 pm

Image
:woodplow: Aubrey Plaza
:jesus:
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rockchops
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Would pump and dump. 5/7
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wap
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rockchops wrote: Fri Dec 08, 2017 9:03 pm Would pump and dump. 5/7
:notsure: if I'd dump immediately. She seems like she'd be fun to hang with. She's pretty funny.
:wap: Where are these mangos?
Detroit wrote: Fri Apr 16, 2021 1:19 pm I don't understand anything anymore.
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God damn, Litecoin and Ethereum are lifting off. Fuck I wish I bought them when they were cheap!!!
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Apex wrote: Fri Dec 08, 2017 1:29 pm
wap wrote: Fri Dec 08, 2017 1:24 pm

I stumped Pecs this morning in OT with sobriquet. :lol:
:dat:

The vernacular used around here is a little higher than my usual day-to-day conversations at times.
That's not the only high thing around here.

:neek:
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nuggstein wrote: Mon Dec 11, 2017 9:36 pm God damn, Litecoin and Ethereum are lifting off. Fuck I wish I bought them when they were cheap!!!
Diversity my man. It's the key to any successful investment portfolio.

Diversity.
4zilch wrote: Mon Apr 12, 2021 8:46 am I'm a fucking failure.
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Y'all seen the price of CAT stock? Started off the year at $100, now at $160. I should have bought that shit back in 2009 when it crashed to the $30 something range. Fawk.

Debating buying into Raytheon. I think the future of combat is drone based, and these guys make the best radar systems for such endeavors. They also picked up a drone company a year ago. Buying Lockheed was a good call last year, that's been steadily climbing and returning a nice dividend. I think this could be the same. Especially if rocket boy goes nuts.

Northrop Grumman would be another solid option as they got the contract to build the next stealth plane. They also acquired Orbital this year, so they're diversified. Orbital has been getting contracts to resupply the ISS, build solid rocket boosters for the new SLS rocket, etc.
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I guess the problem with defense contractors is we're running out of targets. Israel will keep buying our shit though. North Korea is really the big wild card here but lesbihonest we aren't going into all out war with NK and their 6 million man military force.
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goIftdibrad
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Johnny_P wrote: Tue Dec 12, 2017 9:44 am I guess the problem with defense contractors is we're running out of targets. Israel will keep buying our shit though. North Korea is really the big wild card here but lesbihonest we aren't going into all out war with NK and their 6 million man military force.
I dont want to invest in "the problem" . I mean im sure i am via my 401k. But no more than that.
brain go brrrrrr
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Big Brain Bradley wrote: Tue Dec 12, 2017 9:48 am
Johnny_P wrote: Tue Dec 12, 2017 9:44 am I guess the problem with defense contractors is we're running out of targets. Israel will keep buying our shit though. North Korea is really the big wild card here but lesbihonest we aren't going into all out war with NK and their 6 million man military force.
I dont want to invest in "the problem" . I mean im sure i am via my 401k. But no more than that.
With a Republican in office you bet your ass there won't be any decrease to defense spending for the next 3 years. Rocket based and aerospace defense at least. F-35 program will go on strong (and super costly). As will advancements in THAAD and interceptor missile systems.

Sad part of that is, we really need more funding to be directed to infrastructure improvements in the US. Bridge replacements, mass transit expansions, road repairs, electrical grid upgrades, etc.
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goIftdibrad
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Johnny_P wrote: Tue Dec 12, 2017 10:02 am
Big Brain Bradley wrote: Tue Dec 12, 2017 9:48 am

I dont want to invest in "the problem" . I mean im sure i am via my 401k. But no more than that.
With a Republican in office you bet your ass there won't be any decrease to defense spending for the next 3 years. Rocket based and aerospace defense at least. F-35 program will go on strong (and super costly). As will advancements in THAAD and interceptor missile systems.

Sad part of that is, we really need more funding to be directed to infrastructure improvements in the US. Bridge replacements, mass transit expansions, road repairs, electrical grid upgrades, etc.

None of this is wrong. I cant even break out the #saltyfax
brain go brrrrrr
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