apple now has more money than united states

In strictly numbers terms, the wealth of the USA is somewhere in the neigborhood of $60-70 trillion. National debt is about $40-45 trillion. So the US as a country does have more wealth than debt as a whole. The problem is that 30 years ago there was also a spread between bewteen wealth and debt of about $20 trillion. Thus no new wealth has been created in this country over the last several decades.

The reason for this is our monetary system. In real terms, we cannot create a dollar of wealth without creating a dollar of debt. Thus under the current money system there is actually no way to increase real national wealth. Since that is the case then every dollar worth of wealth that leaves this country actually serves to decrease national wealth. As a result we have not even realized the increase of wealth that inflation should have brought us the last few decades.

The point of all of this is to say that the current discussions on taxes, spending, debt ceiling are truly meaningless. It just kicks the can down the road. My hope is that these discussions eventually force the real issue, the money system, to be put on the table and reformed. Not passing the debt ceiling would hasten this reform, but the cost would end up being much higher.

Bottom line is that we need to get rid of the debt based system and when we do, we will NEED government defecit spending in order to allow the economy to grow wealth because getting rid of the debt based system will also stop banks from creating money. In fact even if we don't change the money system we still NEED government defecit spending in order to create debt and thus money, so that our national wealth can keep up with inflation, less of course the amount that the bastards ship overseas.

Originally posted by bsalert
reply to post by GeorgiaGirl

 

maybe they should ask apple for a loan

reply to post by BeyondPerception


Ahh!!! Clones not phones!

reply to post by bsalert


Paper money and credit is worthless, compared to the commodities that its used to trade for. Earth dude is right it ain't worth the paper its printed on without the assets to back it up, and hence that's why the war machine is in the countries and places were those assets can be reaped cheaply without to much commotion from the local populous.

When you trade the only thing that is really worth anything for paper or zeros and ones in a computer, which can be made up out of thin air. You really are not to bright. And so Apple and Steve Jobs is only as rich as he can convince people to buy his crap at over-inflated prices.

You see its all supply and demand, and the only thing that dictates richness is demand, and so we have the whole machine set up for people to buy and consume stuff and whole sections of peoples just on keeping the demand up by all kinds of ways such as advertisements and all other kinds of little mind tricks.

Steve Jobs and all others are just products of the state which was created by others, really they have not had an idea that was not stolen or made by others or put there for a purpose by others. They are sales men, who know a thing or two about what there selling and are riding the wave while it lasts. But really this is the time and place and age to sell what there selling, and anybody else can be successful if they were in there shoes at it, if they but knew a thing or two about it.

And so nations and state are way more powerful then companies and individual people. And apple and people like steve jobs or bill gates are the products of the state, they just got to big for there breaches, but really they are only as rich as demand dictates. So people enjoy the ride while it lasts, because nothing lasts forever.

ive been watching pimco and its moves for some time now, it they are doing exactly as expected.

www.pimco.com...

www.state.gov...

U.S. Foreign Aid Summary
www.vaughns-1-pagers.com...

apple does not have more money than the us

apple cant print their own.

and apples wealth is in us dollars and the federal reserve determines that value

I have one dollar in my pocket, I have more money then the US gov. 15,000,000,000,000-debt

Originally posted by Fitch303
I have one dollar in my pocket, I have more money then the US gov. 15,000,000,000,000-debt

Sorry is that an American dollar? if so then you might owe it.

People forget that wealth is not just in the form of money. We have a zillion dollars worth of gold in our ground here in the US, all the way down to the center of the earth. Our real estate alone is worth more than the rest of the world's combined money.

Are we charging Libya for the Cruise missiles and bombs used to save them?


Why haven't we billed China for the healthcare costs to all the pets and humans their exports have injured and killed?

Why haven't we billed China for all the copyrights they violated/stole from us?

Are we billing Japan for the costs to us for fallout? Shouldn't Hawaii be bulldozing their pineapple crops this year and billing Japan for it?

How come a Federal Agency of Lawyers hasn't been created to go after the Hundreds of Trillions that's been robbed from America the last decade?

Why aren't we billing Mexico for providing free healthcare to 1/3rd of their population in America? Accidents they caused and didn't pay for?

Has anyone checked to see if Chinese imports like refrigerators/air conditioners DON'T contain R22 refrigerants per the new Federal Law that went into effect in January?

And why we're at it....why aren't we selling our food contaminated with fallout from the Japan reactors going critical to North Korea? Sell it cheap to them. Fatten' em up, make 'em happy. Make money.