Socialist America
-
Synaptrik wrote:
I thought supply was supposed to drive the economy.
correct, the supply would be money.
Mike - typical white guy. The USA does have universal healthcare, but you have to pay for it. D'oh. Thomas Mann - "Tolerance becomes a crime when applied to evil." The NYT - my leftist brochure. Calling an illegal alien an “undocumented immigrant” is like calling a drug dealer an “unlicensed pharmacist”. God doesn't believe in atheists, therefore they don't exist.
-
Synaptrik wrote:
I thought supply was supposed to drive the economy.
The supply of money. Money is not an abstract concept that can be treated separately from the sphere of commodities; money is itself a commodity: in a free market, money is the kind of commodity that is considered most exchangeable. With prices of all vendible items expressed in terms of a single commodity, transaction costs are greatly diminished, requiring fewer resources for making exchange possible, thereby contributing to higher productivity and higher standards of living. The use of money as an accounting tool provides for an accurate expression of an individual's opportunity cost. This, in turn, supports efficient decision making on the part of consumers and producers. There are two kinds of money: "sound money," which is, in essence, currency that is a, or is backed by another, valuable commodity (like gold or silver). Sound money changes changes in value very slowly, if at all, because it is, or is the equivalent of, something that must be produced by real effort - which also makes it very difficult for the government to meddle with the amount of currency available. There is also "fiat money." It is not worth anything in itself and it is not backed by anything. i.e. an ounce of gold may be worth $800 today and $1,000 tomorrow. This makes it very difficult to plan for the future, i.e. save money; and encourages spending it before it is in hand, i.e. borrowing in the hopes one can pay it back with "cheaper dollars." Since it can be printed as easily as any other kind of paper (or simply exist as entries in an electronic ledger) the goverment can increase the amount of money whenever it chooses to do so. This inflation of the money supply without any concommitant increase in real wealth leads to every other commodity become more expensive. (with apologies to Ludwig Von Mises)
Jon Smith & Wesson: The original point and click interface Both democrats and republicans are playing for the same team and it's not us. - Chris Austin
-
Synaptrik wrote:
which are derived from wages
which are paid by people that control the supply, the "rich" (read that as business owners).
Mike - typical white guy. The USA does have universal healthcare, but you have to pay for it. D'oh. Thomas Mann - "Tolerance becomes a crime when applied to evil." The NYT - my leftist brochure. Calling an illegal alien an “undocumented immigrant” is like calling a drug dealer an “unlicensed pharmacist”. God doesn't believe in atheists, therefore they don't exist.
-
Synaptrik wrote:
which are derived from wages
which are paid by people that control the supply, the "rich" (read that as business owners).
Mike - typical white guy. The USA does have universal healthcare, but you have to pay for it. D'oh. Thomas Mann - "Tolerance becomes a crime when applied to evil." The NYT - my leftist brochure. Calling an illegal alien an “undocumented immigrant” is like calling a drug dealer an “unlicensed pharmacist”. God doesn't believe in atheists, therefore they don't exist.
Which returns right back as a direct result of consuming. Henry Ford had to deal with recession in his day and his solution was to give all of his employees raises and ecourage them to by Ford vehicles. It worked. That increase in wages led right back into his economy. He got it.
This statement is false
-
Which returns right back as a direct result of consuming. Henry Ford had to deal with recession in his day and his solution was to give all of his employees raises and ecourage them to by Ford vehicles. It worked. That increase in wages led right back into his economy. He got it.
This statement is false
okay, you do understand. realize though that the supply, money aka wages, came from private industry.
Mike - typical white guy. The USA does have universal healthcare, but you have to pay for it. D'oh. Thomas Mann - "Tolerance becomes a crime when applied to evil." The NYT - my leftist brochure. Calling an illegal alien an “undocumented immigrant” is like calling a drug dealer an “unlicensed pharmacist”. God doesn't believe in atheists, therefore they don't exist.
-
Sorry, too lengthy to read. I was merely being facetious and can't consume serious replies.
This statement is false
Synaptrik wrote:
I was merely being facetious and can't consume serious replies
Damn. I am such a sucker. Every time someone writes, 'I think," I take them at their word. :-O
Jon Smith & Wesson: The original point and click interface Both democrats and republicans are playing for the same team and it's not us. - Chris Austin
-
okay, you do understand. realize though that the supply, money aka wages, came from private industry.
Mike - typical white guy. The USA does have universal healthcare, but you have to pay for it. D'oh. Thomas Mann - "Tolerance becomes a crime when applied to evil." The NYT - my leftist brochure. Calling an illegal alien an “undocumented immigrant” is like calling a drug dealer an “unlicensed pharmacist”. God doesn't believe in atheists, therefore they don't exist.
-
Synaptrik wrote:
I was merely being facetious and can't consume serious replies
Damn. I am such a sucker. Every time someone writes, 'I think," I take them at their word. :-O
Jon Smith & Wesson: The original point and click interface Both democrats and republicans are playing for the same team and it's not us. - Chris Austin
-
Oakman wrote:
Every time someone writes, 'I think,"
Ahhh... I understand, slight reading comprehension error. I said "I thought" syntactical difference.
This statement is false
Synaptrik wrote:
I understand, slight reading comprehension error. I said "I thought" syntactical difference
I'll try to remember that you no longer think. Thanks for clearing that up.
Jon Smith & Wesson: The original point and click interface Both democrats and republicans are playing for the same team and it's not us. - Chris Austin
-
Synaptrik wrote:
I understand, slight reading comprehension error. I said "I thought" syntactical difference
I'll try to remember that you no longer think. Thanks for clearing that up.
Jon Smith & Wesson: The original point and click interface Both democrats and republicans are playing for the same team and it's not us. - Chris Austin
Whatever helps you sleep at night! :laugh: A small piece of advise that you are more than free to ignore. By adjusting your slant towards insult you might find a more intellectual discourse. It could be that you are stifling potential before it buds. Or rather you determine the playing field and game by your choice to insult. ... *awaiting the next laughable attempt at insult*
This statement is false
-
Whatever helps you sleep at night! :laugh: A small piece of advise that you are more than free to ignore. By adjusting your slant towards insult you might find a more intellectual discourse. It could be that you are stifling potential before it buds. Or rather you determine the playing field and game by your choice to insult. ... *awaiting the next laughable attempt at insult*
This statement is false
Synaptrik wrote:
you might find a more intellectual discourse
Lemme see. I spent 15 minutes writing a short, but fairly cogent explanation of why the medium of exchange is no longer a force for stability and you reply "duh, it's too long to read." And now you're advising me on how to have a conversation on a higher level? ROFL! The most intellifent and satisfying conversation I can have with you, it seems, is to ignore you. Thank goodness for Diego's script. Plonk.
Jon Smith & Wesson: The original point and click interface Both democrats and republicans are playing for the same team and it's not us. - Chris Austin
-
Synaptrik wrote:
you might find a more intellectual discourse
Lemme see. I spent 15 minutes writing a short, but fairly cogent explanation of why the medium of exchange is no longer a force for stability and you reply "duh, it's too long to read." And now you're advising me on how to have a conversation on a higher level? ROFL! The most intellifent and satisfying conversation I can have with you, it seems, is to ignore you. Thank goodness for Diego's script. Plonk.
Jon Smith & Wesson: The original point and click interface Both democrats and republicans are playing for the same team and it's not us. - Chris Austin
Oakman wrote:
The most intellifent and satisfying conversation I can have with you, it seems, is to ignore you.
And this is the best news I've heard of late. Thanks, I hope you have the temerity to follow through. But I seriously doubt your trollish tendencies will allow that.
This statement is false