Free trade
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Gold and silver IS money, has been for thousands of years. Even a fiat currency doesn't need to come from a central bank, but rather Congress. After a majority vote from both houses, and signed by the president, the treasury would have that much more money. Instead we have a central bank that lends to the government with interest, and makes deals with private corporations and foreign central banks.
Watch the Fall of the Republic (High Quality 2:24:19)[^] Sons Of Liberty - Free Album[^] The True Soapbox is the Truthbox[^]
hahahaha, again the gold and silver discussion, he's just starting to sound like a scratched old LP disc... hahahahaha, repeating the same thing over and over and over and over and over... he doesn't understand a bit about economy
I want to die like my grandfather- asleep, not like the passengers in his car, screaming!
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hahahaha, again the gold and silver discussion, he's just starting to sound like a scratched old LP disc... hahahahaha, repeating the same thing over and over and over and over and over... he doesn't understand a bit about economy
I want to die like my grandfather- asleep, not like the passengers in his car, screaming!
Gonzoox wrote:
he doesn't understand a bit about economy
I know he doesn't, and you don't understand a bit about anything. You are a little jungle monkey that plays in its own feces.
Watch the Fall of the Republic (High Quality 2:24:19)[^] Sons Of Liberty - Free Album[^] The True Soapbox is the Truthbox[^]
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CG, the first question you need to ask him is, do you understand what you're taling about? he's again just repeating something he read, not his understanding of what happened...
I want to die like my grandfather- asleep, not like the passengers in his car, screaming!
I know he's ignorantly repeating things he's read and does not understand. I just keep hoping the penny will drop.
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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Gold and silver IS money, has been for thousands of years. Even a fiat currency doesn't need to come from a central bank, but rather Congress. After a majority vote from both houses, and signed by the president, the treasury would have that much more money. Instead we have a central bank that lends to the government with interest, and makes deals with private corporations and foreign central banks.
Watch the Fall of the Republic (High Quality 2:24:19)[^] Sons Of Liberty - Free Album[^] The True Soapbox is the Truthbox[^]
CaptainSeeSharp wrote:
Gold and silver IS money, has been for thousands of years.
Yes, and that's why there's almost no gold left to mine. There sure isn't enough gold in the world to cover the value of the currency in the world, and revaluing gold to make it able to do that, would obviously cause a run on any form of gold, pushing the price up more.
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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CaptainSeeSharp wrote:
Gold and silver IS money, has been for thousands of years.
Yes, and that's why there's almost no gold left to mine. There sure isn't enough gold in the world to cover the value of the currency in the world, and revaluing gold to make it able to do that, would obviously cause a run on any form of gold, pushing the price up more.
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.
Christian Graus wrote:
pushing the price up more.
Its called supply and demand. Gold would be used for high denominations in the thousands, silver would be used for small stuff like groceries and bills. Modern technology allows us to make alloys too. Do you know what an alloy is?
Watch the Fall of the Republic (High Quality 2:24:19)[^] Sons Of Liberty - Free Album[^] The True Soapbox is the Truthbox[^]
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Christian Graus wrote:
pushing the price up more.
Its called supply and demand. Gold would be used for high denominations in the thousands, silver would be used for small stuff like groceries and bills. Modern technology allows us to make alloys too. Do you know what an alloy is?
Watch the Fall of the Republic (High Quality 2:24:19)[^] Sons Of Liberty - Free Album[^] The True Soapbox is the Truthbox[^]
I know what an alloy is. What you're proposing is that we take real, limited resources, and let their price be driven up needlessly. The end result ? More strip mining and the destruction of land for no good reason. The form that money takes is irrelevant, it has nothing to do with it. You just plain have no idea.
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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I know what an alloy is. What you're proposing is that we take real, limited resources, and let their price be driven up needlessly. The end result ? More strip mining and the destruction of land for no good reason. The form that money takes is irrelevant, it has nothing to do with it. You just plain have no idea.
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.
Christian Graus wrote:
and let their price be driven up needlessly.
The price would need to go up.
Christian Graus wrote:
More strip mining and the destruction of land
You are anti-development. You can't get resources by pulling them out of thin air. If you don't like it, then don't spend money on laptops, cars, or fly around in aircraft.
Watch the Fall of the Republic (High Quality 2:24:19)[^] Sons Of Liberty - Free Album[^] The True Soapbox is the Truthbox[^]
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Christian Graus wrote:
and let their price be driven up needlessly.
The price would need to go up.
Christian Graus wrote:
More strip mining and the destruction of land
You are anti-development. You can't get resources by pulling them out of thin air. If you don't like it, then don't spend money on laptops, cars, or fly around in aircraft.
Watch the Fall of the Republic (High Quality 2:24:19)[^] Sons Of Liberty - Free Album[^] The True Soapbox is the Truthbox[^]
CaptainSeeSharp wrote:
The price would need to go up.
Because of what you want to do. The people who would benefit, are investors with a lot of gold. The common man would lose, and so would the earth.
CaptainSeeSharp wrote:
You are anti-development.
You love to call people names and label them to justify your rejection of common sense statements
CaptainSeeSharp wrote:
You can't get resources by pulling them out of thin air.
Of course not. But resources are not infinite, so we need to use them wisely. Trying to use gold for money is not wise, it's actually impossible.
CaptainSeeSharp wrote:
If you don't like it, then don't spend money on laptops, cars, or fly around in aircraft.
I am not opposed to intelligent use of resources.
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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CaptainSeeSharp wrote:
The price would need to go up.
Because of what you want to do. The people who would benefit, are investors with a lot of gold. The common man would lose, and so would the earth.
CaptainSeeSharp wrote:
You are anti-development.
You love to call people names and label them to justify your rejection of common sense statements
CaptainSeeSharp wrote:
You can't get resources by pulling them out of thin air.
Of course not. But resources are not infinite, so we need to use them wisely. Trying to use gold for money is not wise, it's actually impossible.
CaptainSeeSharp wrote:
If you don't like it, then don't spend money on laptops, cars, or fly around in aircraft.
I am not opposed to intelligent use of resources.
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.
Christian Graus wrote:
The people who would benefit, are investors with a lot of gold.
So? The end result would be sound money and a stable economy. That benefits EVERYONE.
Christian Graus wrote:
I am not opposed to intelligent use of resources.
I don't consider flying across the world in a jumbo jet to see an outdated rock band play their worn out songs an intellectual use of resources. Neither buying several laptops you will never use.
Watch the Fall of the Republic (High Quality 2:24:19)[^] Sons Of Liberty - Free Album[^] The True Soapbox is the Truthbox[^]
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Christian Graus wrote:
the GFC is proo
The Global Financial Crisis is proof that the federal reserve flooding the market with new money is a grave threat to all nations. We don't have a free market schristan, we haven't had one since 1913, your argument is a pathetic strawman.
Watch the Fall of the Republic (High Quality 2:24:19)[^] Sons Of Liberty - Free Album[^] The True Soapbox is the Truthbox[^]
CaptainSeeSharp wrote:
We don't have a free market schristan, we haven't had one since 1913
What do you think was so momentus in 1913? The Sherman Antitrust Act[^] was passed in 1890 because it was painfully obvious that unregulated markets had produced so many monopolies which they always do. And it wasn't a marginal passage, 51-1 in the Senate and 242-0 in the House. And markets haven't been free from the beginning. At the beginning the country was mostly financed by tariffs so the people couldn't buy those cheap foreign goods.
The wonderful thing about the Darwin Awards is that everyone wins, especially the members of the audience.
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Christian Graus wrote:
The people who would benefit, are investors with a lot of gold.
So? The end result would be sound money and a stable economy. That benefits EVERYONE.
Christian Graus wrote:
I am not opposed to intelligent use of resources.
I don't consider flying across the world in a jumbo jet to see an outdated rock band play their worn out songs an intellectual use of resources. Neither buying several laptops you will never use.
Watch the Fall of the Republic (High Quality 2:24:19)[^] Sons Of Liberty - Free Album[^] The True Soapbox is the Truthbox[^]
CaptainSeeSharp wrote:
The end result would be sound money and a stable economy.
Rubbish. Why would it ? If you took away capital growth ( which is what inflation is, for people with assets ), you'd take away the driver for a lot of our economy.
CaptainSeeSharp wrote:
I don't consider flying across the world in a jumbo jet to see an outdated rock band play their worn out songs an intellectual use of resources.
ROTFL !!! Well, I didn't say it swas intellectual. I said it was intelligent. It's intelligent for me to use some of my resources to catch planes that are already flying, and in the wake of the GFC are half empty, to see bands that I like.
CaptainSeeSharp wrote:
Neither buying several laptops you will never use.
I understand you'll never have money, so you won't get this. I have a lot of laptops because I don't need the money I'd get from selling them. I buy when I need to upgrade and let the kids play on the old ones, or use them to test installers ( or both ). I don't just buy laptops for the hell of it.
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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CaptainSeeSharp wrote:
The end result would be sound money and a stable economy.
Rubbish. Why would it ? If you took away capital growth ( which is what inflation is, for people with assets ), you'd take away the driver for a lot of our economy.
CaptainSeeSharp wrote:
I don't consider flying across the world in a jumbo jet to see an outdated rock band play their worn out songs an intellectual use of resources.
ROTFL !!! Well, I didn't say it swas intellectual. I said it was intelligent. It's intelligent for me to use some of my resources to catch planes that are already flying, and in the wake of the GFC are half empty, to see bands that I like.
CaptainSeeSharp wrote:
Neither buying several laptops you will never use.
I understand you'll never have money, so you won't get this. I have a lot of laptops because I don't need the money I'd get from selling them. I buy when I need to upgrade and let the kids play on the old ones, or use them to test installers ( or both ). I don't just buy laptops for the hell of it.
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.
Christian Graus wrote:
Why would it ?
Because it prevents the devaluation of currency (or in other words theft on a grand scale). Remember how you were bitching about taking pay cuts do to the weakness of the dollar? It is getting weaker by the week, once the dollar collapses you will be bitching about how nobody will accept your worthless money.
Watch the Fall of the Republic (High Quality 2:24:19)[^] Sons Of Liberty - Free Album[^] The True Soapbox is the Truthbox[^]
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CaptainSeeSharp wrote:
We don't have a free market schristan, we haven't had one since 1913
What do you think was so momentus in 1913? The Sherman Antitrust Act[^] was passed in 1890 because it was painfully obvious that unregulated markets had produced so many monopolies which they always do. And it wasn't a marginal passage, 51-1 in the Senate and 242-0 in the House. And markets haven't been free from the beginning. At the beginning the country was mostly financed by tariffs so the people couldn't buy those cheap foreign goods.
The wonderful thing about the Darwin Awards is that everyone wins, especially the members of the audience.
Tim Craig wrote:
What do you think was so momentus in 1913?
That is when the federal reserve was created. When you have something like the federal reserve, you need endless amounts of government control over markets to try to keep things in check, but the problem is that those regulations create even more problems so they have to create more regulations, in the end you have a complete backwards system that only a few mega corporations can benfits from, and those mega corporations are in bed with the government and vise-versa. It is all about money and power. Once someone has the power to create money out of thin air and command markets, everyone loses except for the top 1%
Watch the Fall of the Republic (High Quality 2:24:19)[^] Sons Of Liberty - Free Album[^] The True Soapbox is the Truthbox[^]
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CaptainSeeSharp wrote:
We don't have a free market schristan, we haven't had one since 1913
What do you think was so momentus in 1913? The Sherman Antitrust Act[^] was passed in 1890 because it was painfully obvious that unregulated markets had produced so many monopolies which they always do. And it wasn't a marginal passage, 51-1 in the Senate and 242-0 in the House. And markets haven't been free from the beginning. At the beginning the country was mostly financed by tariffs so the people couldn't buy those cheap foreign goods.
The wonderful thing about the Darwin Awards is that everyone wins, especially the members of the audience.
Milton Friedman PBS Free to Choose 1980 Vol 1 of 10 Power of the Market[^] Here is a good documentary by Milton Freidman, he explains why freemarkets are better than controlled markets, and halfway through a serious debate between him and several high level government officials and economist who disagree with him take place. It is a very good documentary, old but good. Very professional.
Watch the Fall of the Republic (High Quality 2:24:19)[^] Sons Of Liberty - Free Album[^] The True Soapbox is the Truthbox[^]
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Christian Graus wrote:
Why would it ?
Because it prevents the devaluation of currency (or in other words theft on a grand scale). Remember how you were bitching about taking pay cuts do to the weakness of the dollar? It is getting weaker by the week, once the dollar collapses you will be bitching about how nobody will accept your worthless money.
Watch the Fall of the Republic (High Quality 2:24:19)[^] Sons Of Liberty - Free Album[^] The True Soapbox is the Truthbox[^]
CaptainSeeSharp wrote:
Remember how you were bitching about taking pay cuts do to the weakness of the dollar? It is getting weaker by the week, once the dollar collapses you will be bitching about how nobody will accept your worthless money.
That's a result of currency being floated. If gold was not a fixed price, it would do the same. Your money is worthless because you're paying for all the borrowing you've done in the past decade, off the back of a deregulated market. That's kind of the point. Fixing the prices of our currencies would have the same effect as having a fixed price for gold and making that our money.
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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Tim Craig wrote:
What do you think was so momentus in 1913?
That is when the federal reserve was created. When you have something like the federal reserve, you need endless amounts of government control over markets to try to keep things in check, but the problem is that those regulations create even more problems so they have to create more regulations, in the end you have a complete backwards system that only a few mega corporations can benfits from, and those mega corporations are in bed with the government and vise-versa. It is all about money and power. Once someone has the power to create money out of thin air and command markets, everyone loses except for the top 1%
Watch the Fall of the Republic (High Quality 2:24:19)[^] Sons Of Liberty - Free Album[^] The True Soapbox is the Truthbox[^]
And I'm telling you the economy was out of whack long before that in the era you think of as being "free market". There were monopolies rising right and left. What do you think you'd be paying for gas if John D Rockefeller had been left to his own devices?
The wonderful thing about the Darwin Awards is that everyone wins, especially the members of the audience.
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CaptainSeeSharp wrote:
Remember how you were bitching about taking pay cuts do to the weakness of the dollar? It is getting weaker by the week, once the dollar collapses you will be bitching about how nobody will accept your worthless money.
That's a result of currency being floated. If gold was not a fixed price, it would do the same. Your money is worthless because you're paying for all the borrowing you've done in the past decade, off the back of a deregulated market. That's kind of the point. Fixing the prices of our currencies would have the same effect as having a fixed price for gold and making that our money.
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.
Christian Graus wrote:
If gold was not a fixed price
Gold and silver's value is based on supply, same as for all currencies.
Christian Graus wrote:
Your money is worthless because you're paying for all the borrowing you've done in the past decade
Is most of your money dollars? The value of the dollar is declining because of increased supply from the federal reserve loaning out trillions of new dollars to governments and corporations.
Watch the Fall of the Republic (High Quality 2:24:19)[^] Sons Of Liberty - Free Album[^] The True Soapbox is the Truthbox[^]
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And I'm telling you the economy was out of whack long before that in the era you think of as being "free market". There were monopolies rising right and left. What do you think you'd be paying for gas if John D Rockefeller had been left to his own devices?
The wonderful thing about the Darwin Awards is that everyone wins, especially the members of the audience.
We have had two other central banks come in and out of existence before the federal reserve. However when our market was more free, we produced more and had a higher standard of living. It has never been truly free, as you said even when America was born, we had tariffs and a variety of other senseless controls.
Watch the Fall of the Republic (High Quality 2:24:19)[^] Sons Of Liberty - Free Album[^] The True Soapbox is the Truthbox[^]
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Christian Graus wrote:
If gold was not a fixed price
Gold and silver's value is based on supply, same as for all currencies.
Christian Graus wrote:
Your money is worthless because you're paying for all the borrowing you've done in the past decade
Is most of your money dollars? The value of the dollar is declining because of increased supply from the federal reserve loaning out trillions of new dollars to governments and corporations.
Watch the Fall of the Republic (High Quality 2:24:19)[^] Sons Of Liberty - Free Album[^] The True Soapbox is the Truthbox[^]
CaptainSeeSharp wrote:
Gold and silver's value is based on supply, same as for all currencies.
So the only thing that would stop gold rising in price, is limited supply. After we destroy as much of the earth as we can to find it all.
CaptainSeeSharp wrote:
Is most of your money dollars?
My money is in AUD. I get paid in USD, but I keep no money in USD. I am not interested in speculating, and I think in the short term I'd only lose by doing so.
CaptainSeeSharp wrote:
The value of the dollar is declining because of increased supply from the federal reserve loaning out trillions of new dollars to governments and corporations.
You know, you just don't get it. Assuming a limitless supply of money to lend, don't you see that it would make no difference if there was regulation to stop money being lent to people who could not pay it back for short term gain ?
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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CaptainSeeSharp wrote:
Gold and silver's value is based on supply, same as for all currencies.
So the only thing that would stop gold rising in price, is limited supply. After we destroy as much of the earth as we can to find it all.
CaptainSeeSharp wrote:
Is most of your money dollars?
My money is in AUD. I get paid in USD, but I keep no money in USD. I am not interested in speculating, and I think in the short term I'd only lose by doing so.
CaptainSeeSharp wrote:
The value of the dollar is declining because of increased supply from the federal reserve loaning out trillions of new dollars to governments and corporations.
You know, you just don't get it. Assuming a limitless supply of money to lend, don't you see that it would make no difference if there was regulation to stop money being lent to people who could not pay it back for short term gain ?
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.
Christian Graus wrote:
After we destroy as much of the earth as we can to find it all.
I don't think the earth minds us digging in the dirt.
Christian Graus wrote:
Assuming a limitless supply of money to lend, don't you see that it would make no difference if there was regulation to stop money being lent to people who could not pay it back for short term gain ?
That wouldn't be a problem if they had to use their own money for loans. The fed create the incentives to be reckless, the fed enabled them to profit off of bad loans because the fed gave them all the money adn they knew that they would get bailed out when the bubble burst.
Watch the Fall of the Republic (High Quality 2:24:19)[^] Sons Of Liberty - Free Album[^] The True Soapbox is the Truthbox[^]