as with all governments the [financial] basis is the power to tax, enforced >by their guns.-------------------------------
... https://www.pbs.org/wgbh/frontline/article/the-president-blinked-why-obama-changed-course-on-the-red-line-in-syria/
Obama's Red Line turned out to be a yellow urine trail marking our
timid retreat.
...
"Richard Smith" wrote in message news:m1cy5et8fd.fsf@void.com...
Surely if the USA runs off "private investors" and a small group are
becoming vastly wealthy loaning upon loaning dollars to the US
government - that wealth is from printed money if the rest of the world disconnects (think "sanctions", "tariffs", trade-embargos, etc. all proactively driven by the USA) - and then your economy is running on
fantasy, isn't it?
--------------------------------------
There are a great many private investors as well as the insurance
companies in the market.
https://finance.yahoo.com/news/no-1-way-americans-become-150405344.html
"You may be surprised to find out that about 18% of Americans are millionaires, translating to roughly 25 million individuals, according
to a report by Wealth Management USA."
Estimates depend on whether or not real estate values are included.
There is no printed money involved in my Treasury Bill and Municipal
Bond investments, bought with stock dividends, and as with all
governments the basis is the power to tax, enforced by their guns.
Like bank loans they effectively increase the money supply without
printing currency. You own your account value while the borrowers (governments) make use of it. US banks no longer have to keep -any-
funds in reserve to cover unexpected withdrawals. Plan accordingly.
https://www.federalreserve.gov/monetarypolicy/reservereq.htm
"As announced on March 15, 2020, the Board reduced reserve requirement
ratios to zero percent effective March 26, 2020. This action
eliminated reserve requirements for all depository institutions."
https://www.treasurydirect.gov/marketable-securities/treasury-bills/
T-bill funds isolate the investor from the maturity dates, our money
can be withdrawn immediately as needed without a penalty.
They are either issued at face value which is returned at maturity,
plus pay interest, or are issued at a discount and paid back at face
value, the difference is the profit. No currency need be printed, it's
all book value at the brokerage or bank, but if they default we may be
back to bartering our craft skills for farm produce anyway. Britons
can't have guns & ammo so you might want to learn forge welding and
stock up on borax and coal.
"Richard Smith"-a wrote in message news:m11plry7jl.fsf@void.com...
I practiced handgun at nearly 100m in the desert - you can see by the sand-splash on a far berm where the shots are landing - and was able
correct someone American that yes you could land six out of eight shots
on target at 30m if you kept in-practice with your firearms in various scenarios.-a (stating the obvious that's about visualising the elevation
you need for subsonic rounds at those ranges - which at 100m is quite a
lot of degrees - visibly pointed high above the horizon)
------------------------------
I've won no-money bets that I could put holes in a soda can at 100
yards with a pistol. The sound and jump is proof if you can't see it.
At 75 yards I could pick which end to hit. And I'm not nearly the best
shot in the club.
These are sights for long range black powder target shooting at
similar to pistol velocities, though with much heavier bullets. Mine
is marked for up to 2.5 inches elevation for the medium ranges. https://www.cimarron-firearms.com/catalogsearch/result/index/?p=2&q=Sights+for+45-70
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