Awesome! The Trump Card is not the US Military. It is the unknown and untested Space Force. With thousands of satellites zooming over every point in the world, some of which containing DEWs. We have Maui and Pacific Palisades, plausibly deniable demonstrations of raw, pinpoint power which might -or might not- be orbiting over the heads of every one of Trump's enemies every minute. Our hero Tesla introduced this to the military in the 1940s. Trump has threatened nobody with this, and yet everyone knows, or at least suspects. Nobody wants to be the first to FAFO.
I have to work hard to show compassion for all those who cannot see the glorious march of Trump 2.0. He has switched (at least since the election) into General Patton mode "Over, under or through, never around". It is now happening, the only questions are the timing and sequences of events. He is in beast mode and I love it.
Keep up the great work, your Bright outlook is the best I can find within the Truther movement.
Have you ever considered the Kingdom principle concerning the “dynamic duo” (Trump and Musk) representing kinetic and financial power on the game board?
“How can one chase a thousand and two put ten thousand to flight, unless the Rock had sold them and Adonai had handed them over? Surely their rock is not like our Rock, as even our enemies judge.”
Deuteronomy 32:30-31 (TLV)
I realize you don’t necessarily yet appreciate the Book you claim to want to read, but for those of us who do, great confidence is derived from its promises, because the Author has always used human agency and typically flawed individuals, to accomplish His will. It’s definitely more than mere cards!
I've been calling it a pincer move for several years.
Not sure why I get a lot of passive aggressive comments from you about "the book," but it's not appreciated or warranted. It actually turns a lot of people off.
Wow, BB you are actually being brief in your briefs. Pleased to be able to sit down and read an article without having to invest hours to wind around to the specific point of the piece. The biggest take away to me is the fact that the losing team refuse to admit their inferior intelligence. Then claim their opponent who is manipulating them like a master is of inferior intelligence. As if admitting Trump is a genius puts them on the losing side of the war. Which they started and cannot finish. Because Trump set them up to engage in the war initially with his talks of peace. That left them with the only option of war. Exposing them for who the really are... Great job... Peace... Sorry I didn't get time to sit and have a good convo with you at GART... Maybe next time...Peace...
I think the problem is not the ignorance of our opponent. I think it is their economics. They believe in a system that is bankrupting America by design.
This took intelligence to concoct and it takes believers to keep it going. Trump is killing their economic theory with reality. The old believers will be forced to quit buying the Marxist theories that America was sold in 1935 and funded by the banking system sold to us in 1913.
The system of systems was created by the bankers, with intentional design flaws, to allow them to create a collapse of the parts of the system or the whole system when it served their purpose. Doctors don't learn nutrition, Lawyers only learn case law and not law. Academics only teach what the bankers allowed them to teach. In the words of Jim Rhon, "Formal education will make you a living, self education will make you a fortune." I like to add, and you get to define what a fortune is...You can't eat money, and when a loaf of bread costs a wheel barrel full of their dollars, those who grow food are the rich ones... Yes the economic system is just as flawed as education, as is law, as is medicine as are all the systems of the system. The lies are so old and so large we have cultures and traditions based on lies. To the point I believe the colonies lost the Revolutionary war. Why else would they allow the Crown of England to control the Judicial branch of the Federal Government. What was the original 13th amendment? What does TONA stand for... Food for thought... Peace...
The thing is the thing and it always has been! The bottom line in a nutshell. It’s all about the timing in Europe, but the remaining Nazi philosophy born in Prussia is finally on its last legs….and all the global evil that came out of it. Can’t happen soon enough, but the timing has to be/will most assuredly be….perfect!
Wow! You laid out one super compelling set of truths! However, I believe you have missed the most powerful Trump card of all. I would agree the military has been our high card, but it is the King of Trumps, not the Ace! The Ace of Trumps is still up Trump’s sleeve and very few know it.
I think we see it being played daily but it is not being placed onto the table, and it may never be exposed because the King may win the game. But, the Ace of Trumps is Capitalism and America’s free enterprise economic system. This argument of mine ties back to my two economies theory.
Our government economy is bankrupt and has been for well over a hundred years. Meanwhile, our private enterprise citizen economy has grown yearly at an impressive annual compound growth rate. I can prove both statements absolutely beyond any doubt mathematically. So, this is why I say this is our Ace in the hole.
President Trump’s biggest problem domestically is Socialism because we love it so much. We despise paying for it out of our income, but we love the concept of having income and healthcare after we retire. So, we do not want to give up those perks.
Anytime Trump even mentions cutting spending the Left accuses him of killing Medicare or slashing Social Security. When President Bush suggested privatizing entitlements the Democrats paid for a commercial showing grandma, in her wheelchair, being shoved over a cliff. So, how can Trump avoid such underhanded games? That is why he has his Ace of Trumps. It is the solution, but he cannot talk about it. He must just do it. It has to be complete before he talks and that means he may never play that Ace. It can remain up his sleeve because it will win without the need to show it. Let’s call it a fake bluff. You lead the opponent to think you are bluffing to keep them in the game spending their money, then you pull out the Ace of Trumps! Game over.
We witnessed a fake bluff two days ago with the CR. Trump said he wanted it so the Democrats threatened a shutdown. But Trump didn’t fold, did he? Schumer folded! Ace card at work without being played!
The key, believe it or not is the 650 cargo planes of Gold. Well, it is that plus all of the other Gold America holds in numerous places. But, that actually doesn’t matter for Trump to win. All he requires is the public to believe we own a pile of Gold and we will issue currency backed by that Gold as well as other assets. The key is our new currency will be backed with value in lieu of our existing currency backed by debt. BOOM! Game over!
Instead of borrowing more yearly to fund a losing socialistic proposition, America will cut out all middlemen and fund our socialism with our existing Capitalism. The beauty of this whole thing is, that is what is already paying for it! The middlemen are abusing the fiat system and robbing it blind! We have caught them! Or, more correctly, Trump and DOGE have caught them. We are watching this evolve every single day.
Two weeks ago I was writing here about how this can all be funded to the benefit of all American citizens and how this new system will change everyone’s opinion about paying for the new system out of their paychecks. The bottom line is they will see their hard work be turned into a growing personal wealth and the accounting will be honest and mathematically perfect. There can be no funny business because each individual will own his or her personal account backed by their own personal input of their savings. Yes, it will still be mandatory, but what’s new? The difference is their assets will never leave their control. As the funds grow over time due to the success of America’s businesses, every citizen will reap the benefits economically. The government will be an outside observer to keep the books straight. No politician can touch a penny of this.
Look, I have been thinking about this for months and cannot find a flaw in the idea. It is, in my opinion, Trump’s Ace of Trumps! Please, someone find a fault. I am seriously begging here.
I just wonder when Trump is going to announce his Gold and Asset backed dollar and exchange them one for one for our Federal Reserve Notes that are designed to be worthless over time? My plan merely reverses the Ponzi scheme and turns it into a money making proposition. We could have done this in 1935 but let Marxists design our system for us.
I can definitely see gold playing a role, but I have come to believe there's a metric ton of signal in the Bitcoin Strategic Reserve and the Stablecoin push. I do thin gold will continue to rise, I just don't think it's able to be a permanent peg to a dollar because, as we've seen, we can't independently audit the reserves, while blockchain allows us to.
The key to the Ace of Trumps is President Trump has it up his sleeve, but he cannot control it! He can only make it work better, just like you and me. We the People are Trump’s Ace in the hole. He can help make Capitalism boom, but Capitalism has a mind of it’s own. Adam Smith told us this in 1776 and our founders paid attention.
> President Trump’s biggest problem domestically is Socialism because we love it so much. We despise paying for it out of our income, but we love the concept of having income and healthcare after we retire. So, we do not want to give up those perks.
You're calling it a "perk" and "socialism" when I and my darling each spend 40 years working, living under our means, saving for the future...then aiming to not have to slave in the salt mines every day till age 70...but find a way to make our own paychecks and not be a burden on others?
The "socialism" is for Pharma, which uses every trick in the book to make trillions of dollars MAKING and KEEPING people sick, and committing iatrogenocide.
The "socialism" is for Big Tech, which keeps laying "school bonds" on my real estate taxes, which shunt the fruits of my/my departed darling's labor to Micro$oft, Apple, etc.
The "socialism" is the DoD, which in 2021, 4 out of its top 10 contractors were Pharma companies--making more than the largest military shipbuilder in the nation, HII.
I love it. I just wonder how the Trillions or maybe Quadrillions of electronic dollars are vacuumed up. We can't just swap electronic eurodollars with gold backed greenbacks. Is it all just debt that will suck up the digital assets? Have bankruptcies erased the debt while keeping the electronic dollars. I'm stocking lots of popcorn for this one. It's going to be EPIC!! The big question: Will BB cover it first??????
I'm starting to believe Trump and company will be introducing a "competing" currency to the Fed reserve note rather than banning the note. A sly and roundabout way of ending Fed dominance.
Our existing debt of $36.4 Trillion is all located somewhere as an asset. That is how liabilities work. In a foreign country that has used our trade deficit to accumulate our dollars as collateral in their central banks, we will decide how to deal with that asset. We can just let them hold the debt as an asset backed by our new dollars or they can bring the dollars back here and spend them. I don’t care much what they do.
If their banks actually bought Treasury bonds years ago and hold them as collateral to back their currencies, we just pay them off as they mature or reissue bonds backed by Gold dollars. If they want to own Gold, they can buy it on the open market because we won’t be selling our Gold reserves. So, I see no problem for them not for Americans who invested in Treasury Bonds. We will give the investors Asset backed dollars in exchange and they can use them to buy what they wish. The national debt goes away over the next thirty years at a little over a trillion per year. The bigger problem is we must also pay the interest on that debt as we buy it back ASAP. That all will depend on how fast our markets grow based on not having a government sucking up our earnings at all levels.
I agree with a lot of the debt because it was created fraudulently. However, some portion, that I cannot calculate, is held by honorable retirees who bought the debt because it was supposed to be the absolute safest place to get a guaranteed return. I do not want to stiff those good folks.
My plan merely pays them off as their bonds mature with Gold backed dollars. Then, they may reinvest any way they like. They may buy our government bonds, but that means our debt is going down because we aren’t generating new debt. They are merely buying up old debt that will be retired in the future.
In 30 years America can be debt free. It doesn’t need to happen fast. It was created over a century of bad management. Good management can fix this in a fraction of the time.
Jim, thank you for this comment. I was being reactive rather than thoughtful...partly because I weary of seeing discussions everywhere of MUH DEBT but almost never see an understanding of HOW IT GOT THERE. So I appreciate you taking the time, and spirit, to formulate this thoughtful, moderate reply to my blurt.
Your plan strikes me as sound...especially considering is among ideas discussed with various friends who watch this sort of thing with good hearts and a desire to build a robust, rather than exploitive, civilization/financial system.
What many financial "reformers" these days seem to forget is that "getting a guaranteed return" for many people isn't a desire to exploit, or "make money doing nothing," but to keep ahead of systematic/continual currency deflation. There has been a massive memetic campaign, for instance, to vilify Vanguard...but Vanguard's value has grown on the investments of countless millions of "Bogleheads" patiently, carefully, prudently investing since the 1970s.
If we are to rebuild this Republic's infrastructure and logistics, as is so desperately needed after all these decades of living off inherited material capital on those fronts, then investment will be needed. Putting the life's savings of the prudent and hard working to work doing that--rather than proliferating Pharma, Tech, and Media snares/lies--while also dissolving debt strikes me as a sound project.
Again, I thank you for replying with the warmth and precision of an engineer.
May I provide a bottom line? Investing in Bonds is supposed to be a "safe" way to go. But, if the government is bankrupt, is that investment truly safe?
If we look back 150 years, there were few government bonds because the majority of all bonds were corporate bonds, sold to finance new business propositions. Common stocks were a second level investment that commanded no return in case of a company going belly-up. The corporate bond gave the bond holders first claim on the company's assets, for what that was worth. But, the bond holders had some level of protection. Share holders got zero! Nada, zilch.
Anyway, due to the higher risk of the investment, common stocks paid a higher dividend than the interest rate of the bonds. That was a fact of the business world back then. If we graph the return of stock dividends versus bond yield, we find something very interesting. around 1958 the curves crossed and bonds began to pay more than stocks! But, who noticed? The other thing that had changed over time was the bond supplier. Instead of corporate bonds, government had become the primary source. because investors preferred the higher dividend to the lower bond rates starting with the world wars. Government bonds funded the wars and government debt became OK. The citizens of America were ever so slowly being manipulated to accept government debt as being a fact of life. There is your bottom line and that is what Trump is reversing.
May I go back to 1958? The lines crossed, but no one noticed. The story changed with stocks to sell the idea of lower dividends. Growth became the story and high tech stocks did not even want a dividend because the share price was growing at astronomical rates. Who needed a stinkin' dividend? So, now dividends were bad, growth was good. The "nifty fifty" was invented. High growth was the selling point.
So business and government shared the growth story and that story led us to the year 2000 and the internet .com collapse. All of this is well documented, but never explained correctly. America was being manipulated. That is the story they do not want to tell us. Instead, they sell us a different, convincing story that allows inflation to soar because we are told our government is going to save us from the very collapse they created. Every collapse was created by bad government management. But, we elect those clowns!
In fact, we are to blame, not business nor the government. Our stupidity allows us to be manipulated! We beg to be screwed by our ignorance of what works and what doesn't work.
What actually works is Capitalism because it has paid for all of this all along the way. So, don't blame business! What doesn't work is Socialism which our Capitalism has paid for all along the way. We, us American fools, have allowed the Socialists to sell us on socialist Ponzi schemes that sound good, but bankrupt America, by design. And, here we are. The good news is Donald Trump. He is reversing the Ponzi scheme and unleashing Capitalism to thrive and prosper without the burden of Socialism.
I hope this makes sense, because it is 100% correct. All of us have lived it and merely missed the bottom line.
Awesome! The Trump Card is not the US Military. It is the unknown and untested Space Force. With thousands of satellites zooming over every point in the world, some of which containing DEWs. We have Maui and Pacific Palisades, plausibly deniable demonstrations of raw, pinpoint power which might -or might not- be orbiting over the heads of every one of Trump's enemies every minute. Our hero Tesla introduced this to the military in the 1940s. Trump has threatened nobody with this, and yet everyone knows, or at least suspects. Nobody wants to be the first to FAFO.
I think the Trump Card is multifaceted. Probably has one (or several) for every battlespace.
Loved today's Bright Brief.
I have to work hard to show compassion for all those who cannot see the glorious march of Trump 2.0. He has switched (at least since the election) into General Patton mode "Over, under or through, never around". It is now happening, the only questions are the timing and sequences of events. He is in beast mode and I love it.
Keep up the great work, your Bright outlook is the best I can find within the Truther movement.
God Wins!
God Bless!!!
Much appreciated, Joe.
I think we've only seen the beginning of beast mode.
I Ditto your comment; and thank you BB for helping us understand the story and game. My hope and confidence is soaring with each new article!
Thanks for reading AND supporting, Karen.
I agree! But the key is not the military as with Patton. With Trump it is the power of us as Americans.
Have you ever considered the Kingdom principle concerning the “dynamic duo” (Trump and Musk) representing kinetic and financial power on the game board?
“How can one chase a thousand and two put ten thousand to flight, unless the Rock had sold them and Adonai had handed them over? Surely their rock is not like our Rock, as even our enemies judge.”
Deuteronomy 32:30-31 (TLV)
I realize you don’t necessarily yet appreciate the Book you claim to want to read, but for those of us who do, great confidence is derived from its promises, because the Author has always used human agency and typically flawed individuals, to accomplish His will. It’s definitely more than mere cards!
I've been calling it a pincer move for several years.
Not sure why I get a lot of passive aggressive comments from you about "the book," but it's not appreciated or warranted. It actually turns a lot of people off.
Good morning BB thank you for this wonderful read. It brightened :) the day for us.
Thanks for reading and supporting, David!
Wow, BB you are actually being brief in your briefs. Pleased to be able to sit down and read an article without having to invest hours to wind around to the specific point of the piece. The biggest take away to me is the fact that the losing team refuse to admit their inferior intelligence. Then claim their opponent who is manipulating them like a master is of inferior intelligence. As if admitting Trump is a genius puts them on the losing side of the war. Which they started and cannot finish. Because Trump set them up to engage in the war initially with his talks of peace. That left them with the only option of war. Exposing them for who the really are... Great job... Peace... Sorry I didn't get time to sit and have a good convo with you at GART... Maybe next time...Peace...
Unfortunately, you're going to be upset at my next few based on the number of notes I have ...
I will still read it but it may take me a couple days.
I think the problem is not the ignorance of our opponent. I think it is their economics. They believe in a system that is bankrupting America by design.
This took intelligence to concoct and it takes believers to keep it going. Trump is killing their economic theory with reality. The old believers will be forced to quit buying the Marxist theories that America was sold in 1935 and funded by the banking system sold to us in 1913.
It is time to destroy a corrupt economic system.
The system of systems was created by the bankers, with intentional design flaws, to allow them to create a collapse of the parts of the system or the whole system when it served their purpose. Doctors don't learn nutrition, Lawyers only learn case law and not law. Academics only teach what the bankers allowed them to teach. In the words of Jim Rhon, "Formal education will make you a living, self education will make you a fortune." I like to add, and you get to define what a fortune is...You can't eat money, and when a loaf of bread costs a wheel barrel full of their dollars, those who grow food are the rich ones... Yes the economic system is just as flawed as education, as is law, as is medicine as are all the systems of the system. The lies are so old and so large we have cultures and traditions based on lies. To the point I believe the colonies lost the Revolutionary war. Why else would they allow the Crown of England to control the Judicial branch of the Federal Government. What was the original 13th amendment? What does TONA stand for... Food for thought... Peace...
It is time to create our own currency and stop renting it via usury from Banksters.
My beer sitting on the bar went flat a long time ago. 🍺
I do ❤️ your prose BB.
Haha thanks CGG.
The thing is the thing and it always has been! The bottom line in a nutshell. It’s all about the timing in Europe, but the remaining Nazi philosophy born in Prussia is finally on its last legs….and all the global evil that came out of it. Can’t happen soon enough, but the timing has to be/will most assuredly be….perfect!
Well said!
You need to say NAZI more.
Also HITLARRRRR.
smh
Zelenskyy equals a deck of jokers.
Alas ... without Our Boy Blue in the mix, Z is all we have left :(
Excellent….again.
Thanks Elaine!
Glittering!
Thanks Chris!
Wow! You laid out one super compelling set of truths! However, I believe you have missed the most powerful Trump card of all. I would agree the military has been our high card, but it is the King of Trumps, not the Ace! The Ace of Trumps is still up Trump’s sleeve and very few know it.
I think we see it being played daily but it is not being placed onto the table, and it may never be exposed because the King may win the game. But, the Ace of Trumps is Capitalism and America’s free enterprise economic system. This argument of mine ties back to my two economies theory.
Our government economy is bankrupt and has been for well over a hundred years. Meanwhile, our private enterprise citizen economy has grown yearly at an impressive annual compound growth rate. I can prove both statements absolutely beyond any doubt mathematically. So, this is why I say this is our Ace in the hole.
President Trump’s biggest problem domestically is Socialism because we love it so much. We despise paying for it out of our income, but we love the concept of having income and healthcare after we retire. So, we do not want to give up those perks.
Anytime Trump even mentions cutting spending the Left accuses him of killing Medicare or slashing Social Security. When President Bush suggested privatizing entitlements the Democrats paid for a commercial showing grandma, in her wheelchair, being shoved over a cliff. So, how can Trump avoid such underhanded games? That is why he has his Ace of Trumps. It is the solution, but he cannot talk about it. He must just do it. It has to be complete before he talks and that means he may never play that Ace. It can remain up his sleeve because it will win without the need to show it. Let’s call it a fake bluff. You lead the opponent to think you are bluffing to keep them in the game spending their money, then you pull out the Ace of Trumps! Game over.
We witnessed a fake bluff two days ago with the CR. Trump said he wanted it so the Democrats threatened a shutdown. But Trump didn’t fold, did he? Schumer folded! Ace card at work without being played!
The key, believe it or not is the 650 cargo planes of Gold. Well, it is that plus all of the other Gold America holds in numerous places. But, that actually doesn’t matter for Trump to win. All he requires is the public to believe we own a pile of Gold and we will issue currency backed by that Gold as well as other assets. The key is our new currency will be backed with value in lieu of our existing currency backed by debt. BOOM! Game over!
Instead of borrowing more yearly to fund a losing socialistic proposition, America will cut out all middlemen and fund our socialism with our existing Capitalism. The beauty of this whole thing is, that is what is already paying for it! The middlemen are abusing the fiat system and robbing it blind! We have caught them! Or, more correctly, Trump and DOGE have caught them. We are watching this evolve every single day.
Two weeks ago I was writing here about how this can all be funded to the benefit of all American citizens and how this new system will change everyone’s opinion about paying for the new system out of their paychecks. The bottom line is they will see their hard work be turned into a growing personal wealth and the accounting will be honest and mathematically perfect. There can be no funny business because each individual will own his or her personal account backed by their own personal input of their savings. Yes, it will still be mandatory, but what’s new? The difference is their assets will never leave their control. As the funds grow over time due to the success of America’s businesses, every citizen will reap the benefits economically. The government will be an outside observer to keep the books straight. No politician can touch a penny of this.
Look, I have been thinking about this for months and cannot find a flaw in the idea. It is, in my opinion, Trump’s Ace of Trumps! Please, someone find a fault. I am seriously begging here.
I just wonder when Trump is going to announce his Gold and Asset backed dollar and exchange them one for one for our Federal Reserve Notes that are designed to be worthless over time? My plan merely reverses the Ponzi scheme and turns it into a money making proposition. We could have done this in 1935 but let Marxists design our system for us.
So, please help me! What have I missed?
I can definitely see gold playing a role, but I have come to believe there's a metric ton of signal in the Bitcoin Strategic Reserve and the Stablecoin push. I do thin gold will continue to rise, I just don't think it's able to be a permanent peg to a dollar because, as we've seen, we can't independently audit the reserves, while blockchain allows us to.
Probably room for both.
The key to the Ace of Trumps is President Trump has it up his sleeve, but he cannot control it! He can only make it work better, just like you and me. We the People are Trump’s Ace in the hole. He can help make Capitalism boom, but Capitalism has a mind of it’s own. Adam Smith told us this in 1776 and our founders paid attention.
> President Trump’s biggest problem domestically is Socialism because we love it so much. We despise paying for it out of our income, but we love the concept of having income and healthcare after we retire. So, we do not want to give up those perks.
You're calling it a "perk" and "socialism" when I and my darling each spend 40 years working, living under our means, saving for the future...then aiming to not have to slave in the salt mines every day till age 70...but find a way to make our own paychecks and not be a burden on others?
The "socialism" is for Pharma, which uses every trick in the book to make trillions of dollars MAKING and KEEPING people sick, and committing iatrogenocide.
The "socialism" is for Big Tech, which keeps laying "school bonds" on my real estate taxes, which shunt the fruits of my/my departed darling's labor to Micro$oft, Apple, etc.
The "socialism" is the DoD, which in 2021, 4 out of its top 10 contractors were Pharma companies--making more than the largest military shipbuilder in the nation, HII.
I love it. I just wonder how the Trillions or maybe Quadrillions of electronic dollars are vacuumed up. We can't just swap electronic eurodollars with gold backed greenbacks. Is it all just debt that will suck up the digital assets? Have bankruptcies erased the debt while keeping the electronic dollars. I'm stocking lots of popcorn for this one. It's going to be EPIC!! The big question: Will BB cover it first??????
I'm starting to believe Trump and company will be introducing a "competing" currency to the Fed reserve note rather than banning the note. A sly and roundabout way of ending Fed dominance.
Our existing debt of $36.4 Trillion is all located somewhere as an asset. That is how liabilities work. In a foreign country that has used our trade deficit to accumulate our dollars as collateral in their central banks, we will decide how to deal with that asset. We can just let them hold the debt as an asset backed by our new dollars or they can bring the dollars back here and spend them. I don’t care much what they do.
If their banks actually bought Treasury bonds years ago and hold them as collateral to back their currencies, we just pay them off as they mature or reissue bonds backed by Gold dollars. If they want to own Gold, they can buy it on the open market because we won’t be selling our Gold reserves. So, I see no problem for them not for Americans who invested in Treasury Bonds. We will give the investors Asset backed dollars in exchange and they can use them to buy what they wish. The national debt goes away over the next thirty years at a little over a trillion per year. The bigger problem is we must also pay the interest on that debt as we buy it back ASAP. That all will depend on how fast our markets grow based on not having a government sucking up our earnings at all levels.
> Our existing debt of $36.4 Trillion is all located somewhere as an asset.
I say we tell them to go pound sand and issue our own currency.
I agree with a lot of the debt because it was created fraudulently. However, some portion, that I cannot calculate, is held by honorable retirees who bought the debt because it was supposed to be the absolute safest place to get a guaranteed return. I do not want to stiff those good folks.
My plan merely pays them off as their bonds mature with Gold backed dollars. Then, they may reinvest any way they like. They may buy our government bonds, but that means our debt is going down because we aren’t generating new debt. They are merely buying up old debt that will be retired in the future.
In 30 years America can be debt free. It doesn’t need to happen fast. It was created over a century of bad management. Good management can fix this in a fraction of the time.
Jim, thank you for this comment. I was being reactive rather than thoughtful...partly because I weary of seeing discussions everywhere of MUH DEBT but almost never see an understanding of HOW IT GOT THERE. So I appreciate you taking the time, and spirit, to formulate this thoughtful, moderate reply to my blurt.
Your plan strikes me as sound...especially considering is among ideas discussed with various friends who watch this sort of thing with good hearts and a desire to build a robust, rather than exploitive, civilization/financial system.
What many financial "reformers" these days seem to forget is that "getting a guaranteed return" for many people isn't a desire to exploit, or "make money doing nothing," but to keep ahead of systematic/continual currency deflation. There has been a massive memetic campaign, for instance, to vilify Vanguard...but Vanguard's value has grown on the investments of countless millions of "Bogleheads" patiently, carefully, prudently investing since the 1970s.
If we are to rebuild this Republic's infrastructure and logistics, as is so desperately needed after all these decades of living off inherited material capital on those fronts, then investment will be needed. Putting the life's savings of the prudent and hard working to work doing that--rather than proliferating Pharma, Tech, and Media snares/lies--while also dissolving debt strikes me as a sound project.
Again, I thank you for replying with the warmth and precision of an engineer.
May I provide a bottom line? Investing in Bonds is supposed to be a "safe" way to go. But, if the government is bankrupt, is that investment truly safe?
If we look back 150 years, there were few government bonds because the majority of all bonds were corporate bonds, sold to finance new business propositions. Common stocks were a second level investment that commanded no return in case of a company going belly-up. The corporate bond gave the bond holders first claim on the company's assets, for what that was worth. But, the bond holders had some level of protection. Share holders got zero! Nada, zilch.
Anyway, due to the higher risk of the investment, common stocks paid a higher dividend than the interest rate of the bonds. That was a fact of the business world back then. If we graph the return of stock dividends versus bond yield, we find something very interesting. around 1958 the curves crossed and bonds began to pay more than stocks! But, who noticed? The other thing that had changed over time was the bond supplier. Instead of corporate bonds, government had become the primary source. because investors preferred the higher dividend to the lower bond rates starting with the world wars. Government bonds funded the wars and government debt became OK. The citizens of America were ever so slowly being manipulated to accept government debt as being a fact of life. There is your bottom line and that is what Trump is reversing.
May I go back to 1958? The lines crossed, but no one noticed. The story changed with stocks to sell the idea of lower dividends. Growth became the story and high tech stocks did not even want a dividend because the share price was growing at astronomical rates. Who needed a stinkin' dividend? So, now dividends were bad, growth was good. The "nifty fifty" was invented. High growth was the selling point.
So business and government shared the growth story and that story led us to the year 2000 and the internet .com collapse. All of this is well documented, but never explained correctly. America was being manipulated. That is the story they do not want to tell us. Instead, they sell us a different, convincing story that allows inflation to soar because we are told our government is going to save us from the very collapse they created. Every collapse was created by bad government management. But, we elect those clowns!
In fact, we are to blame, not business nor the government. Our stupidity allows us to be manipulated! We beg to be screwed by our ignorance of what works and what doesn't work.
What actually works is Capitalism because it has paid for all of this all along the way. So, don't blame business! What doesn't work is Socialism which our Capitalism has paid for all along the way. We, us American fools, have allowed the Socialists to sell us on socialist Ponzi schemes that sound good, but bankrupt America, by design. And, here we are. The good news is Donald Trump. He is reversing the Ponzi scheme and unleashing Capitalism to thrive and prosper without the burden of Socialism.
I hope this makes sense, because it is 100% correct. All of us have lived it and merely missed the bottom line.
Jim has a brilliant mind! I’ve learned a lot from his contributions….an area I’ve not been too knowledgeable about….👏