'The Creditor and the Plastic Duck Junkie' Video
Let's say that I make plastic ducks and that I sell them to a broke-ass deadbeat with an addiction to...well... plastic ducks.
The ducks cost me a dollar to make and I sell them to the junkie for $2. My profit is $1.
He, being a broke-ass debt ridden, plastic duck junkie, is constantly begging for a loan, so I regularly lend him 50c from the profit I make. I say, loan, but its a teaser really - to keep him ordering ducks.
The other 50c of profit I invest wisely in sound resource companies, commodities, and tangible assets. The hard stuff - stuff that'll hold its value and probably increase in future.
Friends call me a fool for lending this broke-ass plastic duck junkie money. "It'll be flushed down the drain" they advise me.
"Oh, no doubt about that", I reply, but every plastic duck I sell to that plastic duck junkie gets me another 50c genuine profit (which I put into those good investments), and another 50c of bullshit profit that I can lend back to the junkie to keep him happy without caring about it too much.
And what does he do with those 50c loans?.... hahaha... he mainly buys more frickin' plastic ducks. Its hilarious. More ducks.
Those 50c loans to the plastic duck junkie are already written off as far as I'm concerned, anything I get back is a bonus. Ok, so its added up to $1trillion or so so far, and yes that is a lot of money, but how much do you think I've accumulated in genuine profit from the other 50c? And that's invested in solid commodities, resource companies and other solid investments and infrastructure financed by that junkies addiction to plastic ducks.
And ask yourself this. Do you really think that I'm not ahead of the game in dealing with a plastic duck junkie? Do you really think that i don't have a long term plan?
And, do you really think that I'd keep lending money I really cared about to a broke ass plastic duck junkie who's only method of repayment is to steal from his kids?
If you do, then you, my friend, grossly underestimate me.
"See a person's means
Observe his motives.
Examine that in which he rests.
How can a person conceal his character?
ramp31: i dont care what anyone says this guys a st8 genius,, he looks at it at angles no one eles does
cosmosgato: I don't see anyone arguing with you. We're lucky to have him.
nmreich: Well no one can dispute that the Chinese are buying (and encouraging their "citizens" to buy) GOLD AND SILVER. It's common knowledge.
nmreich: Excellent video by the way. Love the slap-to-the-head simplicity. Yet it makes one think... and stop and think... and think some more. Great value for 3 mins of time.
rytis1: Coffee Man = Genius!
thereallurker: It's true, however, now you have all this machinery that's devoted to making plastic ducks (in your culture, no one plays with plastic ducks) and because you've been making plastic ducks, you're land and water is irrecoverably polluted with magnesium, lead, dioxin and benzene. Now, who will you buy your soybeans from? Because the junkie isn't in a buying mood for plastic ducks anymore.
cosmosgato: You don't. You let a 100,000,000 starve! (Yes people one hundered million!) Plus with a shortage of females you will fastly have far fewer people in the future. Everyone smoke too cancer will help cut down those hungry mouths. Again there are no gods on Earth.
SilverRose09: This is the tale of China (the creditor)....good one.
SilverRose09: China the creditor and USA the junkie consumer....wow! they sold us the junk and they are buying real goods. In addition the keep the infrastruture... No China knows very well that they have the upper hand....unfortunately, USA has dropped the ball.
dgmoocher: "ten"! I'm passing this one on! How simple how difficult to see it in the open.
GuildF40: Can you send this to CNN :o) 5✬✬✬✬✬ Now if it were .999 silver or gold ducks .............
Doenietmeermee: while lots "truthers" make you believe China is pulling out of US bonds, look at`this w w w . t r e a s .g o v / t i c / m f h . t x t My question is of the day I could not answer, why do broke European countries like the UK do the same thing as China; big expension, while they are broke them selves, not like China? with 10 billion a month
flaskofcoffee: Hi Doen... There is a whole other video in your comment - one I have been pondering for some time. How does the U.K. increase its purchases of U.S. debt whilst increasing its 'Q-easing' and seeking buyers for its own debt? I think that the U.S. and U.K. (+ others) are working a scam on the Debt Market to keep the real buyers paying over the odds. Think in terms of ebay bidding scams - "I'll bid up your item, and you bid up mine". The purpose being to keep interest rates pegged low.
gr8wg: thanks again for saying so much in less than 5 minutes. i anticipate your vids with expectation of gaining insight.
Doenietmeermee: I agree, but that means that what banks are doing, governments are doing on the same massive scale, while they still present it as a banking crisis, while it has been a fiscal crisis from the beginning, only with bankers taking the blame in return of huge bonus...For that money I would take the blame as well
fatpius: simplicity rules!
cosmosgato: SCAM! Thats a nasty word. Maybe the USA is the only game in town. Earlier this year during the height of the crisis I believe Iceland denied Great Britain access to there capital! Were not talking about some banana republic. Where are you placing your money Putin and USSR? I dont think so. Further doesnt Arabia only deal greenbacks? Arabia is the United States Fort Knox.
i4Truth: You're best video yet flaskofcoffee!!!
i4Truth: Allow me to add one more twist to the plastic duck junkie story. How profitable do you think the arrangement would be if the plastic duck cost the manufacturer nothing?
scwlim: hahaha...very good...very good
lilbitparanoid: A duck fetish ;) Cute
casianp3: great video,but if the junkie is printing money in the basement and buys commodities and stocks in different places ,using the producer as a tool to put his money in to circulation? no doubt paper is easier to make than plastic
CTOL1: Nice one
vietvetfortruth: I look forward to all of your videos - This one was very very good.
DaleElder11: I love tis vid.
Author: flaskofcoffee; Uploaded: Nov 10, 2009; Duration: 3:28; Views: 1520
Tags: china lend debt u.s. america default peter schiff ron paul federal reserve money printing hyperinflation deflation gold silver price plasticine plastic storage boxes plastic soldier review plastics plastic surgery gone wrong plastic sheds plastic surgery plastic boxes plastic logic plastic people










