I'm I a conspiracy theorist now? [modified]
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CaptainSeeSharp wrote:
I was discussing how inflation would be checked if gold and silver was the world's currency. Aren't you supposed to be some kind of economist or money manager? I don't like going through this several times over. I'm well versed in banking and economics, so I will dig into it once again after I get some sleep.
Stop dodging the questions. You're supposedly "all about facts", so state them. I asked you how a gold currency will check inflation. Explain the mechanism. You can first start by defining what you think inflation is. Then you can discuss the transmission mechanism. And no, I'm not a money manager, I work for the ECB.
73Zeppelin wrote:
Stop dodging the questions. You're supposedly "all about facts", so state them.
Fine, after this I'm going to bed.
73Zeppelin wrote:
I asked you how a gold currency will check inflation. Explain the mechanism. You can first start by defining what you think inflation is. Then you can discuss the transmission mechanism.
The value of gold and silver goes up as demand for it increases and as demand increases, so does the profitability of mining more gold and silver. To think we have mined all of the metals is ridiculous, it just takes more effort to get to it. It works out well. Perhaps 0.01 will be worth 25 cents but that is the way it used to be. Inflation is the devaluation of the currency. Inflation is caused by an over abundance of the currency. Gold and silver not only puts a check on the type of inflation we see with the dollar and other currencies by limiting the supply, but it also liberates us from the grip of the current monetary powers and does a great deal at getting rid of the type of corruption that grows around them. For example, people are trapped into the debt circle as central banks such as the federal reserve and the bank of england have always done. The central bank acts as a independent institution that controls the monetary system of the nation it represents. The central bank loans the money that it makes out of thin air (devaluing the currency, taking from people's hard earned savings) and loans that out with interest to other banks, corporations (bonds) and the government (treasuries). It acts as a independent governmental body that governs and manipulates the economy and funds itself by printing its money and also using that money to collect interest (a tax so to speak). As we can clearly see with the federal reserve, it is extremely secretive about its operations. You have to remember that every single dollar in circulation must be paid back to the federal reserve with interest. As you can imagine, it is impossible without taking another loan from the central bank to pay off the old loan. The value of the dollar has decreased by 95% since the inception of the federal reserve. Any money that you save gets devalued (stolen) right out of your pocket. Its modern slavery. A famous quote by Abraham Lincoln: "I see in the near future a crisis approaching that unnerves me and cause me to tremble for safety of my country; corporations have been
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Obama gonna pop'a cap in yo ass nigga! Just wait fo it... He go'in tuh tap dat ass'et to biatch@
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To get minerals out of them ?
Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.
Sorry for the lateness of the reply. Yes, that's quite correct. The sheer size of the operation makes it feasible to extract dissolved metals and minerals from the ocean. Gold is just one and not the main interest. There's Manganese and Aluminum and several other exotic metals such Molybdenum and Niobium that are much in demand. The world demand would shoot through the roof if the price went down a bit (either due to simplified extraction from the sea or through simple supply and demand) opening the door for thousands of new applications. The technology is still in the development stage. Its cool being around my dad because he's so into science and so I get to hear about lots of new stuff.
If the post was helpful, please vote, eh! Current activities: Book: Devils by Fyodor Dostoyevsky Project: Hospital Automation, final stage Learning: Image analysis, LINQ Now and forever, defiant to the end. What is Multiple Sclerosis[^]?
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Sorry for the lateness of the reply. Yes, that's quite correct. The sheer size of the operation makes it feasible to extract dissolved metals and minerals from the ocean. Gold is just one and not the main interest. There's Manganese and Aluminum and several other exotic metals such Molybdenum and Niobium that are much in demand. The world demand would shoot through the roof if the price went down a bit (either due to simplified extraction from the sea or through simple supply and demand) opening the door for thousands of new applications. The technology is still in the development stage. Its cool being around my dad because he's so into science and so I get to hear about lots of new stuff.
If the post was helpful, please vote, eh! Current activities: Book: Devils by Fyodor Dostoyevsky Project: Hospital Automation, final stage Learning: Image analysis, LINQ Now and forever, defiant to the end. What is Multiple Sclerosis[^]?
It sounds cool. Is it otherwise harmless to the ocean and to fish ?
Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.
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It sounds cool. Is it otherwise harmless to the ocean and to fish ?
Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.
Completely. Well, so long as you don't direct the suction pumps right into the middle of a reef. Even then, they'd have to place meshes and so on, so they won't get sucked into the plant (its a long process). Otherwise, chemically, nothing because the residual "effluent" water is still sea water less those salts that were extracted. The ocean itself will not be emptied of water at the rate of consumption and the returned water is safe to drink (assuming you can handle the saltiness of the ocean) and the suction itself is through wide diameter pipes (in excess of 2m) so the volume is large but the flow speed is not so the chances of a fish being sucked in are terribly low.
If the post was helpful, please vote, eh! Current activities: Book: Devils by Fyodor Dostoyevsky Project: Hospital Automation, final stage Learning: Image analysis, LINQ Now and forever, defiant to the end. What is Multiple Sclerosis[^]?
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CaptainSeeSharp wrote:
I understand what I am discussing with extreme precision and concise conscience.
Your "I'm trying to appear intellectual" language is fucking hilarious.
I wish I was as fortunate as fortunate as me
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Sorry for the lateness of the reply. Yes, that's quite correct. The sheer size of the operation makes it feasible to extract dissolved metals and minerals from the ocean. Gold is just one and not the main interest. There's Manganese and Aluminum and several other exotic metals such Molybdenum and Niobium that are much in demand. The world demand would shoot through the roof if the price went down a bit (either due to simplified extraction from the sea or through simple supply and demand) opening the door for thousands of new applications. The technology is still in the development stage. Its cool being around my dad because he's so into science and so I get to hear about lots of new stuff.
If the post was helpful, please vote, eh! Current activities: Book: Devils by Fyodor Dostoyevsky Project: Hospital Automation, final stage Learning: Image analysis, LINQ Now and forever, defiant to the end. What is Multiple Sclerosis[^]?
I originally started in Ocean Engineering in the 70s when it seemed the next big thing. One of the things we thought then would be a big source of minerals from the ocean is the manganese nodules found over large tracts of the ocean floor. Kennecot Copper even formed a consortium to go after them and wanted the group I worked for to be their engineering arm but upper company management wouldn't go for it. I'm not sure how environmentally sound plowing large sections of ocean floor would be today.
You measure democracy by the freedom it gives its dissidents, not the freedom it gives its assimilated conformists.
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UN wants new global currency to replace dollar[^] HUH? I told you this is going to happen but all you stupid ass sniffing retards say is "You make this up to make you feel like your not a failure" or some stupid ass bullshit. Front and center what you need to know... It is a global scheme of a currency system, controlled by an international institution(s). All the currencies in the world will be subjected to the intervention of the international body(s). It does a great deal at eroding the sovereignty of all nations through the management of their currencies by global minded powers. It does a great deal at eroding the sovereignty of all nations through the management of their currencies by global minded powers. It is a consolidation of power. We all know by now that through the manipulation of the dollar and other currencies, our economy has been destroyed and almost all people have been robbed of their wealth and have been enslaved by the national debt. Ninety-Five percent of the value of the dollar has been lost since the establishment of the federal reserve. Now we are going to go to a consolidated global scheme? bullsh*t on that. There is nothing you can say that will convince me that it is a good thing, because it simply isn't good to consolidate power like that. There is no reason for anyone to have that kind of power for any reason whatsoever. List of prominent people who have spoke out against centralized power over monetary systems. The first witness to be called is Abraham Lincoln. He warned, "I see in the near future a crisis approaching that unnerves me and cause me to tremble for safety of my country; corporations have been enthroned, an era of corruption in High Places will follow, and the Money Power of the country will endeavor to prolong its reign by working upon the prejudices of the People, until the wealth is aggregated in a few hands, and the Republic destroyed." Congressman Wright Patman decared, "In the U.S. today, we have in effect two governments. We have the duly constituted government, then we have an independent, uncontrolled and uncoordinated government in the Federal Reserve, operating the money powers which are reserved to congress by the Constitution." Congressman Charles L
Steve
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Steve
What are you some kind of fucking idiot troll? It sure seems like it, I'm not interested in that retarded garbage. Your ignorance astounds me.
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What are you some kind of fucking idiot troll? It sure seems like it, I'm not interested in that retarded garbage. Your ignorance astounds me.
CaptainSeeSharp wrote:
What are you some kind of f***ing idiot troll? It sure seems like it, I'm not interested in that retarded garbage. Your ignorance astounds me.
So you don't understand parody? Well I'll point out the fact that that was one, and what's more the joke's at the expense of idiots like you.
Steve
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CaptainSeeSharp wrote:
What are you some kind of f***ing idiot troll? It sure seems like it, I'm not interested in that retarded garbage. Your ignorance astounds me.
So you don't understand parody? Well I'll point out the fact that that was one, and what's more the joke's at the expense of idiots like you.
Steve
I didn't present that video, you did. You presented it as if that is what I believe, I don't. I don't subscribe to conspiracy theories, I am not a conspiracy theorist. Everything I have stated in this thread is fact, plain and simple.