Time

[neurosport]

time doesn't exist in the way you think it does.

contrary to what our politicians are telling us you can NOT borrow SHIT from your yet to be born grandchildren.

you cannot consume something BEFORE it is produced ! ( unless you are friends with idiots like China that will produce it for you for free )

you also cannot consume it AFTER it was produced ! because nobody fucking puts a brand new car into storage for 30 years to retrieve it after you retire !

you can only consume AT THE SAME EXACT TIME as you produce.

so before you start talking about "saving" you need to realize you have no idea what you're talking about because nothing actually gets "saved" except "money" and money is nothing.

its all about shifting resources AT PRESENT TIME and PRESENT is the only time that exists !

NEWSFLASH : TIME MACHINE HAS NOT BEEN INVENTED YET !

saving means reallocating resources from consumers goods industry to producers goods, infrastructure etc

investing into some foreign financial instruments probably doesn't count as saving either as China is about to find out !



discuss ...

 

[editec]

time doesn't exist in the way you think it does.

contrary to what our politicians are telling us you can NOT borrow SHIT from your yet to be born grandchildren.

you cannot consume something BEFORE it is produced ! ( unless you are friends with idiots like China that will produce it for you for free )

you also cannot consume it AFTER it was produced ! because nobody fucking puts a brand new car into storage for 30 years to retrieve it after you retire !

you can only consume AT THE SAME EXACT TIME as you produce.

so before you start talking about "saving" you need to realize you have no idea what you're talking about because nothing actually gets "saved" except "money" and money is nothing.

its all about shifting resources AT PRESENT TIME and PRESENT is the only time that exists !

NEWSFLASH : TIME MACHINE HAS NOT BEEN INVENTED YET !

saving means reallocating resources from consumers goods industry to producers goods, infrastructure etc

investing into some foreign financial instruments probably doesn't count as saving either as China is about to find out !



discuss ...

Wow! That is an amazingly perceptive thing to note.

It doesn't matter how we finance it, folks

NON-WORKERS ARE ALWAYS A BURDEN ON CURRENT WORKERS.

Very few people understand that money is, in an of itself, not something with VALUE.

Since we have created a system whereby people can put away money for their retirement and it actually serves them in their retirement, we are often confused into thiunking that society's ECONOMY works like it appears to work for individuals IN that society.

It doesn't.

Money is at best a system of accounting.

It has NO value unless we AGREE to the delusion that it has value.

Now suppose that every member of the BABY BOOM had been wise enough to save enough money for their retirement.

Would everything be good for them upon retirement if there were NO CURRENT WORKERS to buy stuff from?

Obviously not.

No matter how much money they had in the bank, there's be NOTHING TO BUY.

Societies get into ECONOMIC trouble when there is more demand than supply.

And how does that happen?

Easy...the number of people producing something with intinsic value declines to the point that supply exceeds demand.

This fact is, incidently why FREE TRADE is destroying our economy.

Inflation isn't destroying it, a decline in production (in comparison to demand) is destroying it.

 

[dilloduck]

Are you talking about America's economy or the world's economy ?

 

[editec]

Are you talking about America's economy or the world's economy ?

The American eeconomy.

Obviously FREE TRADE (as currently practiced) is helping some other nations.

Look, I'm all for international trade if it's done FAIRLY.

What we have now is not done fairly.

Everything that goes into CHINA is taxed, and are most things made in American which are exported.

The exceptions are PROBABLY those things which those nation cannot at this time make

But as we sell them those techologies, they ARE in the process of learning how to make them without our help.