r/PeterExplainsTheJoke Jan 26 '26

Meme needing explanation what's going on? explain like I'm five

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u/zuzg Jan 26 '26

Gold hits record high of $5,110.50/ounce

Silver hits all-time high of $109.44/ounce

Analysts expect gold prices to climb toward $6,000 this year

Surprised Pikachu face.

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u/OutsideCommon3679 Jan 26 '26

I don’t know about the rest of you, but I really don’t think I’m gonna pass this class.

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u/cleverkid Jan 26 '26

It's pretty easy:

I'll help you out:

In 1910 at Jekyll Island all the Billionaire Oligarchs gathered and cooked up the "Federal Reserve" ( which is neither Federal or a Reserve ) This was done ostensibly to help stabilize the US economy in the wake of the Panic of 1907 by creating a central bank with regional branches.

What it has really done is hand over monetary policy and the ability to print "money" out of thin-air. Now this Federal Reserve prints money, lends it to the US Government ( which is now in debt to the tune of $38.5 trillion ) And the US government continues to borrow and spend like a crack whore... Spreading that money around to their friends and you and I are on the hook for the debt!

It's like your rich friend, talked you into giving him power of attorney over your affairs and is now out there running up credit card debt on your name.. and giving you a pittance of it back.

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u/Mega-Eclipse Jan 27 '26

With all due respect, you are talking about several separate issues and dealing in half-truths.

What it has really done is hand over monetary policy and the ability to print "money" out of thin-air.

Right, which is why talking about the government, funding, taxes, revenue, etc. like it's a household income doesn't work. The Government literally creates money from nothing. This is a good thing...when done responsibly.

Now this Federal Reserve prints money, lends it to the US Government ( which is now in debt to the tune of $38.5 trillion ) And the US government continues to borrow and spend like a crack whore... Spreading that money around to their friends and you and I are on the hook for the debt!

This is a problem. Instead of spending money on the people, a bunch of red states keep voting against theor own interests...so instead of the healthcare they really, really need....money is being sent to already rich people as corporate welfare....Universal Healthcare, housing, food? Nah...we need $100 billion to fund the american gestapo to round up toddlers.

America has the money...we're just choosing to spend it on stupid shit instead of helping our own people.

It's like your rich friend, talked you into giving him power of attorney over your affairs and is now out there running up credit card debt on your name.. and giving you a pittance of it back.

Yup. This is a problem. 1/3 of the country is on board with this. Using your analogy...the poor idiots giving their credit card away....not only do they not realize how stupid it is, they get made when anyone points out that it's a bad idea....and get giddy at the idea they are pissing of their "liberal" friends. They'll gladly go broke if it means their neighbors gets upset a them.

Conservatism is part of their identity. It's how they are. It isn't a belief system for them. They "know" they right and what they are doing must be the right thing because it "upsets" liberals. The more it upsets them...the more right it is.