Debasement of the Coinage

no4mk1t

no4mk1t

Mega-Patriot!
Exchange Privileges
Top Poster Of Month
Joined
Feb 27, 2022
Messages
7,732
Reaction score
10,790
Points
168
Location
Dixie
I've touched on "Debasement of the Coinage" (Inflation) before. Here is a prime example... When the money has no intrinsic value, it's only worth something as long as others will accept it.
It would be interesting to interview those California Fast Food workers who are now getting $20/hr. and offer them 5 silver quarters and see what they say.

1712346340461.png
 
Let's not forget Bidet et al have been running the dollar printing presses 24/7 ever since the election was stolen. SIMPLE economics: when you take a pie and slice it into lets say, 8 pieces, you have 8/8 = 1 pie. Take the same pie and slice it into 16 pieces. 16/16 = 1 pie. If you are not paying attention, the slices from the 16-slice pie will be smaller.

Now envision the overall value of ALL the dollars when Trumpy was in office as the 8-slice pie. Bidet got into office and while the size of the pie stayed the same (I think it has actually DECREASED) their pie has 16 or more slices from it (ie: printing money). Therefore, while they are still calling them "slices" (dollars), they are much thinner (less value).

I think I am going to get a snack now, maybe even a slice of pie... ;) (while I can still afford it...)
 
Last edited:
I had this conversation copy days ago with a friend who very financially successful.
When I told him the value of every Dallor he had was an illusion. Its only worth is what I agree to. Currency is used to exchange the value of goods and services. Tomorrow our economy could fold and he would have nothing of value. Precious metals & paper is just a way to impose control. I couldnt eat a gold coin or a $50 bill. I would need to find someone that put value to it for it to have true worth.

He blinked couple times, I heard something snap and he said he needed to go. Lmao
 
Racer88 said:
Soon enough many of those California fast food workers will be earning exactly ZERO dollars per hour.
Click to expand...
Egg (McMuffin) zactly.

All this does is motivate the fast food industry to invest and adopt automation. Fine with me. A robot makes a better Big Mac than Mom with three kids by different deadbeat fathers. I won't throw shade on Mickey D's exclusively, but Ray Croc's nut job wife was the one who decided McDonalds was going to uplift minorities after Ray took his dirt nap. The founder believed that teaching teens about the discipline and value of work built character and prepared them for adulthood. All his old lady did was pervert that idea and help make poor people a permanent underclass. We see the result of this idiocy now. And the quality of McDonald's product and customer service went in the shitter many years ago. I very rarely eat fast food of any kind.

On the bright side, automation gives skilled technicians a decent job and consumers a better product. I've read about these burger/sandwich making machines and it seems feasible we will start seeing automated fast food in the near future. Expensive equipment, but not when you have to pay some unskilled burger flipper 20 bucks an hour - and then they organize and demand benefits.

Before anyone else pipes in ... I am pro-labor. I believe that trade unions, although many have become corrupt political pawns, served a noble purpose. At least they once did. I just don't consider working the counter at a fast food restaurant a trade.
 
Bongo Lewi said:
I've read about these burger/sandwich making machines and it seems feasible we will start seeing automated fast food in the near future.
Click to expand...
It started several years ago, actually. I think I was in Colorado... not sure.... It was on one of my son's hockey trips. I was in the drive through of McDonalds, waiting at the window to get my order. I sat there and watched a robot making ALL the drinks.... from start to finish.... from empty cup to filled with a lid on it, completely automated. The drink was not touched by a human except to hand it to me.
 
I sampled the product of pizza joint in Paris that was completely automated. It was called "Pazzi". I stumbled upon it and had to give it a try. There were no employees. You walk in, enter what you want at the kiosk, and a few minutes later out comes your pizza. The pie was not up to that unmistakable taste and handmade delightfulness you get in Naples, but it was every bit as good as any chain. Definitely better than what you get from Little Caesars or Domino.

I am a confessed pizza snob. I once threatened to kill a man in California who suggested "white pizza with broccoli". Which to me is a capital offense. Blasphemy. That is not pizza. It's bread with vegetables and goat cheese. That's fine. If you like that go to Greek town. Just don't call it pizza. Canadian bacon and pineapple are also a crime against pizza. There is no such thing as Hawaiian pizza.
 
Last edited:
P
Bobster said:
Let's not forget Bidet et al have been running the dollar printing presses 24/7 ever since the election was stolen. SIMPLE economics: when you take a pie and slice it into lets say, 8 pieces, you have 8/8 = 1 pie. Take the same pie and slice it into 16 pieces. 16/16 = 1 pie. If you are not paying attention, the slices from the 16-slice pie will be smaller.

Now envision the overall value of ALL the dollars when Trumpy was in office as the 8-slice pie. Bidet got into office and while the size of the pie stayed the same (I think it has actually DECREASED) their pie has 16 or more slices from it (ie: printing money). Therefore, while they are still calling them "slices" (dollars), they are much thinner (less value).

I think I am going to get a snack now, maybe even a slice of pie... ;) (while I can still afford it...)
Click to expand...
Precisely.
Ran across a statistic that stated 80% of the currency in circulation today was printed in the last 22 months.
Now the internet being what it is, is that a valid statistic? I didn't take the time to run it down, but it is not all that shocking in light of what Joe has been doing the whole time he has been in office.

I am amused that the media pushes the notion that businesses are the cause of inflation. Young people do not seem able to grasp the concept that prices aren't higher because of greedy dudes in suits, it's because the gov't has devalued your money to the point where any interest you earn on it not only doesn't keep up with inflation, but then you have to pay tax on it even though in reality you are losing money (value) by said inflation.

Any casual student of 20th Century history has only to look at what happened in Germany post WW1 with the Weimar Republic.
The Allies foolishly held Germany financially responsible for the war. This breed hate and discontent that carried over to galvanized the German people to support WW2 20 years later.
Mistake #2 was the Allies allowed the Germans to make their war reparation payments in German Marks instead of gold.
All too easy for them to print all the payment money they needed. And the result was all too predictable, it ruined their economy. You can Google pics from 1920's Germany of workers getting paid daily and needed a wheelbarrow to carry the money. They would spend it all before the day was over because tomorrow it would be worth even less. Now that's inflation!

Great Britain never did repay their war debt to the US for WW1.
It took the Brits until December 29 2006 to repay their war debt and subsequent loans made by the US to keep their economy afloat after the war. Great Britain was beyond broke.

Fun fact:
Walt Disney made a ton of money on royalties for Disney films shown in Great Britain during the war. But the Brits were so broke, they didn't want that money leaving the country. An agreement was reached where Disney was allowed to spend the money on Disney films made in England after the war. That is why in the 50's and 60's you saw so many Disney feature films with British actors filmed in England. It kept the money in the British economy and gave work to people in the film industry for decades.
 
Racer88 said:
It started several years ago, actually. I think I was in Colorado... not sure.... It was on one of my son's hockey trips. I was in the drive through of McDonalds, waiting at the window to get my order. I sat there and watched a robot making ALL the drinks.... from start to finish.... from empty cup to filled with a lid on it, completely automated. The drink was not touched by a human except to hand it to me.
Click to expand...
New McDonald's in TX with no employees.

To quote something I once heard from a wise sage one time... "What did people think was going to happen?" ;)

www.newsweek.com

Welcome to the first ever McDonald's where you're served by robots—in Texas

The new test store allows customers to order and receive their food without any human interaction.
www.newsweek.com www.newsweek.com
 
no4mk1t said:
New McDonald's in TX with no employees.

To quote something I once heard from a wise sage one time... "What did people think was going to happen?" ;)

www.newsweek.com

Welcome to the first ever McDonald's where you're served by robots—in Texas

The new test store allows customers to order and receive their food without any human interaction.
www.newsweek.com www.newsweek.com
Click to expand...
There are still people in there. You just don’t see them. They still make 20 bucks an hour and demand benefits.

I want a Big Mac no human has touched:)
 
This article doesn't elaborate about having employees, but suggests there are none as it describes the restaurant as "fully automated". Other articles say there are people behind the scenes, you just don't get to go "Full Karen" on them anymore if your fries are cold because all you interact with is a computer screen.

Minimum wage in Texas is $7.25/hr. So I imagine that's what the burger flipper behind the curtain is making.
 
The factory of the future will have only two employees, a man and a dog. The man will be there to feed the dog. The dog will be there to keep the man from touching the equipment.
 
no4mk1t said:
New McDonald's in TX with no employees.

To quote something I once heard from a wise sage one time... "What did people think was going to happen?" ;)

www.newsweek.com

Welcome to the first ever McDonald's where you're served by robots—in Texas

The new test store allows customers to order and receive their food without any human interaction.
www.newsweek.com www.newsweek.com
Click to expand...
This is definitely one of those news stories that needs way more than a couple of pictures and it appears the link does not include the original TikTok video. That is so irritating with news stories that cut and paste minimal information and don't include the original links. Maybe it is there, but I didn't see it readily.

I did find this and there are more online that I didn't watch. Don't know which stories are accurate about employees because the dates differ between the links are at least a year old.

P.S. I'm not bitching at the OP, I'm bitching at news sites that fail to include the original source where they cut and pasted their content. News sites rarely write their own material. It is such a hack business.

And here's the hack and her title as Senior Internet Cutter-and-paster.

By Alice Gibbs
Senior Internet Culture & Trends Reporter

EDIT: The more I look at that first news story, it appears the hack paster went to the trouble of actually screen capturing parts of the videos online, resizing them for her page and then including them in the page like she is the creator of the content. At least that's what it appears to be. Anytime you see blurry photos like what's in her page it is a strong indicator that the author doesn't have original photos and has cut images from another site at "low" resolution screen quality. This chick is employed to do this. What a joke.


View: https://www.youtube.com/watch?v=FPFc0FvAN18
 
Last edited:
no4mk1t said:
This article doesn't elaborate about having employees, but suggests there are none as it describes the restaurant as "fully automated". Other articles say there are people behind the scenes, you just don't get to go "Full Karen" on them anymore if your fries are cold because all you interact with is a computer screen.

Minimum wage in Texas is $7.25/hr. So I imagine that's what the burger flipper behind the curtain is making.
Click to expand...
"The technology in this restaurant not only allows us to serve our customers in new, innovative ways, it gives our restaurant team the ability to concentrate more on order speed and accuracy, which makes the experience more enjoyable for everyone," explains Keith Vanecek, the franchisee operating the test restaurant.

I took that to mean people working in the back room. The public never engages them.

I might go to a robot McDonald's if the food came out looking like it does on the commercials.

Here's somebody else who thinks automated McDonalds is a good idea... Carla! :)

View: https://youtu.be/IrSsjdzlUSw?si=W4Ey9xBDAzYo5Fx4
 
Screenshot 2024-04-06 at 5.43.34 PM.png


Organized protests in 12 cities. Houston was one of them.
The guy in the blue hair... I think he works at PetSmart now. I'm going to ask him to hold my crank while I take a leak in the non-gender restroom. For my safety and that of others.
 
Last edited:
no4mk1t said:
Ran across a statistic that stated 80% of the currency in circulation today was printed in the last 22 months.
Click to expand...
Impossible. Circulation was 2.27T two years ago today. 2.34T today. The difference is still a lot of money.

Screenshot 2024-04-06 at 6.01.15 PM.png

Billions are taken out of circulation every year as well. Some destroyed and replaced.

Some percentage is tucked away. Hoarded by other countries. If it's in grandpa's mattress or the vaults of the Ayatollah's, it's still considered in circulation if it has not been destroyed by the Treasury. An estimated $950B in US banknotes is held by foreign banks. That's not a bad thing.
 
Back
Top