- Apr 12, 2011
- 3,814
- 758
- 130
Let me know the minute they start, and please tell where which land fill they're using......China and OPEC nations dumping hundreds of billions (trillions?) of FRNs wouldn't affect our lives?...
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature currently requires accessing the site using the built-in Safari browser.
Let me know the minute they start, and please tell where which land fill they're using......China and OPEC nations dumping hundreds of billions (trillions?) of FRNs wouldn't affect our lives?...
Even if your presumption about the 1800s is correct - and I don't believe it is at all - the simple fact is that we have had much, much more government intervention since 1900 and economic and financial market volatility has been significantly lower than prior to 1900.
It is correct. There isn't a single downturn during the gold standard era that was a result of market forces based on anchoring currency to gold. Every single solitary instance is the result of economic do-good meddlers that tried their hand at monetary planning.
And that whole stability thing only rings true when you use dastardly stasticis from the State, such as CPI, that completely neglect (intentionally) certain goods. it certainly gives the illusion of stability, though. As the State and cetnral monetary authority slowly destroy the wealth and currency that was forced onto the people.
You guys can love intervention all day if it makes you feel good, but to act as though fiat money is the golden goose is absolutely ridiculous. I guess because this is what we have we shoould simply cheer for it. Not this guy.
And I plan to laugh at the cheerleaders when this scheme is up too. Because it WILL end, and end badly. As it always does.
When you are really stupid, there is nothing left but to post opinion. Dogma. And the posts from handbag are proof that ignorance is bliss. Too stupid to consider. And I am sure he/she/it would be glad to take an accounting course, but though accounting is pretty damned easy to grasp, it is no doubt well beyond he/she/it.This is me, no longer taking anything you have to say seriously.
You are nuttier than the entire San Joaquin Valley.
Take an accounting class and intro to banking class at your Podunk Community College. Get back to me.
So, it must have hurt last time they dumped dollars, right???China and OPEC nations dumping hundreds of billions (trillions?) of FRNs wouldn't affect our lives?I read the article and found it absurd.
To achieve full employment in a fiat society, the government simply hires everyone as a Czar and pays them in wampum. That works great if you're the USA and people still accept your wampum for their products (gas, iron, etc.), not so great if you're Eritrea
The pound Sterling lost its reserve status in the 1970's with dire effects all around.
We're playing with fire here in the USA
What's a "fiat society"? Also, who cars is the US loses reserve status? It wouldn't affect out lives.
OK, now I'm certain that you can't be taken seriously. Ever.
Do you always simply post conservative dogma?I read the article and found it absurd.
To achieve full employment in a fiat society, the government simply hires everyone as a Czar and pays them in wampum. That works great if you're the USA and people still accept your wampum for their products (gas, iron, etc.), not so great if you're Eritrea
The pound Sterling lost its reserve status in the 1970's with dire effects all around.
We're playing with fire here in the USA
What's a "fiat society"? Also, who cars is the US loses reserve status? It wouldn't affect out lives.
Economy run with Fiat currency is what I called a Fiat Society.
Our fiat currency losing it's status as the world's reserve currency will absolutely have an effect. In their time Rome and Great Britain lost theirs and none of it was good for the hometeam.
And here we have step, AGAIN posting con dogma with no link to back him up.Even if your presumption about the 1800s is correct - and I don't believe it is at all - the simple fact is that we have had much, much more government intervention since 1900 and economic and financial market volatility has been significantly lower than prior to 1900.
It is correct. There isn't a single downturn during the gold standard era that was a result of market forces based on anchoring currency to gold. Every single solitary instance is the result of economic do-good meddlers that tried their hand at monetary planning.
And that whole stability thing only rings true when you use dastardly stasticis from the State, such as CPI, that completely neglect (intentionally) certain goods. it certainly gives the illusion of stability, though. As the State and cetnral monetary authority slowly destroy the wealth and currency that was forced onto the people.
You guys can love intervention all day if it makes you feel good, but to act as though fiat money is the golden goose is absolutely ridiculous. I guess because this is what we have we shoould simply cheer for it. Not this guy.
And I plan to laugh at the cheerleaders when this scheme is up too. Because it WILL end, and end badly. As it always does.
I just dislike people like you who waste my time by posting dogma based on agenda. You are obviously a con tool. No question. Because you ALWAYS align perfectly with the bat shit crazy con web sites. Always. Which is simply posting arguments with no basis. Totally spacious arguments.Thanks for so authoritatively telling us, dipshit. Problem is, you are a dipshit. So, your opinion is of NO value. Just you being a con. Your arguments are always always always in perfect alignment with the bat shit crazy con web site drivel. Perfect alignment. Which makes you, me boy, irrelevant.Lastly on this topic.
If fiat currency is sucha wonderful idea, why do central banks hold GOLD in reserve? For what purpose? It is, after all, a non-productive commodity, right? It's just another metal out there like any other. So, why don't they simply sell it off?
I'll tell you why. Because GOLD is a real, not illusory, store of wealth. Paper fiat money is not. it's junk under the inability of the State to maintian its confidence, or to control the population. It's worthless and the only reason it maintains its "value" is through the use of FORCE by the state.
Why you people hate freedom and liberty, both civil and economic, is beyond me. That's your right. to prefer coercion and force to peaceful exchange. But make absolutely no mistake.
GOLD IS MONEY.
Relative to you thinking that you had the final word on the subject, that simply proves that you are delusional. AGAIN..
Do you always make it a point to reply to people's posts you hold no value over? Or are you just that fucking stupid? I'd give you the benefit of the doubt, but you prove yourself a fucking retard every time you post. So stupid fucker it is.
Thanks for replying to the valueless post of mine, dick slaps.
Thanks for replying to the valueless post of mine, dick slaps.
Uh, sorry to re-post your own actual post. You said:So you waste your own time and blame it on me?
You misanthropic sociopaths are a hoot. No doubt about that.
No. But to the retarded, only they are sane. so I understand why you would ask.Con dogma. Are you fucking retarded, sir? Because you certainly 'sound' retarded.
You are hardly a rational individual. And what I understand is what anyone who has read your posts over time understands. You get your drivel from bat shit crazy con web sites. You are perfectly aligned. Always.I do not need any educating from misanthropic sociopaths with IQ levels in the negatives. You waste your own fuckin' time here, fella. And the value of my posts is subjective. If you had two firing neurons you might understand that what i said was sarcasm. But people at your caliber can not manage anything besides drooling and terribly formulated insults.
Dick Slaps.
And what I understand is what anyone who has read your posts over time understands.
Rshermr is indeed the king of battling strawmen, he never met an opinion he was able to manufacture that he couldn't defeat.Speaking on behalf of others. The hallmarks of someone with severe mental insability.
Do you always simply post conservative dogma?What's a "fiat society"? Also, who cars is the US loses reserve status? It wouldn't affect out lives.
Economy run with Fiat currency is what I called a Fiat Society.
Our fiat currency losing it's status as the world's reserve currency will absolutely have an effect. In their time Rome and Great Britain lost theirs and none of it was good for the hometeam.
Were you of the opinion that your opinion has some value???
Do you have an impartial source for your dogma???
Of course not. Thanks for your opinion. And you know how much I respect your opinion.
Those who have statements to make have authoritative and non partial sources. You, me boy, have none.
You are, in technical terms, of NO importance of any kind. Just another worthless con tool. Incapable of rational discussion.
How can we talk about the collapse of the Roman empire when all you know about it is "I'll have a pepperoni slice"
We were talking about what would most likely occur, were the USD no longer the world's reserve currency.So, it must have hurt last time they dumped dollars, right???China and OPEC nations dumping hundreds of billions (trillions?) of FRNs wouldn't affect our lives?What's a "fiat society"? Also, who cars is the US loses reserve status? It wouldn't affect out lives.
OK, now I'm certain that you can't be taken seriously. Ever.
Oh, yeah, it NEVER happened before.
But they are going to dump now, because they like to kill their own economy, right???
So, since no reputable economist would buy your argument, perhaps you have some source that has status and agrees with you.
Oh, there are none. Just bat shit crazy con web sites. No impartial source???
What a surprise.
So, does your head hurt being this stupid??
Wow. There is complete proof of that well know saying that cons are lousy comics.Comedy gold, sir. Comedy gold!