The issue of inflation and the central reserve banking system has come up in the peak oil thread. I'm giving this it's own thread, as it is not directly relevant to peak oil.
http://video.google.com/videoplay?do...6773770802849#
The issue of inflation and the central reserve banking system has come up in the peak oil thread. I'm giving this it's own thread, as it is not directly relevant to peak oil.
http://video.google.com/videoplay?do...6773770802849#
The mode of goodness conditions one to happiness, passion conditions him to the fruits of action, and ignorance to madness.
Chapter 14, Verse 9.
The Bhagavad Gita
Oh no, not this again. Must be the second most debated topic on the internet, next to ******.
Obsequium amicos, veritas odium parit
(mental burp... pardon)
It is easier for the eye of a camel to pass through a rich man than for a needle to enter the kingdom of heaven.
I love the condescension in this community.
You will never understand anything with that attitude? If you are not intrerested, fine with me.Is nowadays' money created out of thin air? Yes. End.
Why are you being so smug? You are indifferent to the material, go away and post in another thread.
EDIT: You too rick.
The mode of goodness conditions one to happiness, passion conditions him to the fruits of action, and ignorance to madness.
Chapter 14, Verse 9.
The Bhagavad Gita
It is easier for the eye of a camel to pass through a rich man than for a needle to enter the kingdom of heaven.
I'm so smug because I also have spent (wasted) much time discussing those issues. A monetary system has many interesting facets, the cospirational side being the least cogent, imho. There isn't much to understand about money creation, when you understand the basic notions of fiat money, central banking and fractional reserve, you're pretty much done.
Obsequium amicos, veritas odium parit
Crispy, the problem with your system is it completely ignores the economic calculation debate.
The mode of goodness conditions one to happiness, passion conditions him to the fruits of action, and ignorance to madness.
Chapter 14, Verse 9.
The Bhagavad Gita
The issue with money is that it makes people emotionally angry too much. Economists try to turn it into this rational system ho-bag thing but we all know that it boils down to how emotionally aligned up you are with others, or not. The CEO of a company is getting off a lot better then the workers.
Capitalism isn't socialsim but it's essentially doing the same thing: trying to socially control others, and emotionally manipulate certain social classes of people and not others. Based on two main critieras: How smart you are and where you come from and what your blood line is. Of course a lot of racism and genocide comes to play here.
It evokes a sense of bitterness and unfairness for most people when they see how much money Adam Sandler gets for merely pretending in a movie. He's faking his whole life away for so much more money then you are, because he's a Jew- and that's all he can think about it. He doesn't actually work. He's playing sock puppets with his hands and doing everything he wants to, but because he's a Jew and knows how to manipulate your feelings, he gets everything that he wants.
The capitalists here on this forum instead of well, being capitalists, they're trying to force middle-class socialists to be something different, instead of acting like Adam Sandler and trying to be 'funny' or entertaining and assuaging people's emotional fears (what human beings *really* want), they're instead trying to directly change somebody's perspective on something that will never be changed- because people are allowed to be stubborn and wrong and you have to know that if you want to control them. Instead of trying to change hearts, y'all try to change brains, which is just really stupid actually. You think the reverse is true, but it's not.
If you really want to make the Jews less stuck up, at least know how the game is really played.
I guess I'm doing the same thing. I can't just 'be gay' I have to gay rant about it. But this is the middle class mentality in a nutshell: Trying to be argumentative about people instead of following your own way and emotionally controlling people from a distance like a Adam Sandler jew. I just don't see the point anymore. I want to instead act like I'm a Hollywood ****** that's better than everybody else and ride the emotional and spiritual waves of life instead of trying to force people to agree with my perceptions and to argue with them and say 'they're stupid' on online message boards while Adam Sandler gets $50,000 for raising his pinky and shit. I need to be able to do that too, because we're both from planet earth.
Because I deserve that. I have to know that I deserve that and I'm worth that and they're not better than me, and I see right through their bloody asses, just like they see through mine. And I really wish the same for everybody and that everybody can get there, even though everybody's journey will inevitably be unique, I hope we all can get there, because nothing is more off-putting then narcissism and human arrogance. So my real role in life, as a writer, is an uplifter. You can do it guys! They want the middle-class to self-destruct into nothingness and have us kill each other. Let's stop the insanity and work together, not against each other.
Last edited by Shazaam; 04-14-2011 at 06:54 AM.
When I wake up in the morning with an idea for a joke that I want to tell in the forum, it's almost always something that I will regret saying. Still, I can never resist the temptation to say it anyway.
This joke is based on grains of truth.
...Now that I've said that, I can't bring myself to make the joke I was going to make, so I will just tell the grains of truth all by themselves.
I haven't collected my tax refund from the IRS yet. I just didn't get around to filling out the tax return because I was too busy dealing with a bunch of different disasters.
So I was thinking about this. The IRS is too cheap to even bother sending me a tax return form directly this year. But yet they were somehow able to afford to send me a letter informing me that they weren't going to be sending out tax return forms to everybody anymore. It must have been sent in a letter - I forget - because I can't imagine how else I would have read it, unless maybe I read it online somewhere.
At the same time, they can afford to send even more of the military to go out to even more foreign countries and bomb them.
I wondered what would happen if I just didn't bother to fill out a tax return to the IRS this year. I already know they owe me a refund. I just wouldn't bother to collect the refund from them. In some twisted, convoluted, self-sacrificing way, I feel like I'm actually rebelling against the IRS by not collecting my refund. Their brains will fry as they struggle to decide what to do about the fact that I was too lazy to claim my refund yet. Should they... send me a letter? But they couldn't afford a stamp and envelope to send me my tax return forms a few months ago!
Perhaps they should just accept my tax refund as a free gift to them, to prop up their budget. But that would be like bribing a public official. So perhaps I will get arrested for that.
Or maybe I will get charged a fee for the service of letting them keep my money somewhere else other than in my own bank account. Or a fee for sending their own collection agents after the IRS on my behalf. Who knows what they will decide to do.
The 'joke' was that I'm doing my part to prevent economic collapse by giving a free donation to the IRS. Of course I will probably get around to collecting it one of these days, so it might be more like a loan. But it really does feel like a rebellion, even though I lose. Just one more nuisance they have to deal with.
Anyway. Back to serious discussion. (I can't watch the 47 minute video, as I'm on dialup and it would be about 470 minutes or longer.)
I was shocked this morning when I went to kitco.com and saw that silver is now $46/ozt. (My reaction to this was 'Holy f*ck!') The last time I looked at it, it was in the low thirties. Something big is going on and I'm not sure what's going to happen or when. http://www.kitcosilver.com/charts.html
My favorite internet writer, on the subject of 'money as debt,' is Antal Fekete. His writing is almost impossible to understand. There was a time when I was painstakingly reading every word he wrote and struggling to interpret it. Sometimes he seems brilliant, sometimes insane. I first learned about 'Real Bills of Exchange' from him.
http://www.gold-eagle.com/research/f...dx.html?page=1
http://www.professorfekete.com/articles.asp
I would add that I differ from Fekete in one way - I think that the economy can work fine if local areas are allowed to make their own currencies backed by whatever they want to back them with, not just monetary metals like gold and silver. Fekete is more interested in fixing the government banking system and the international systems. He doesn't advocate being free to create local currencies. But even so he understands so much about how the money system works that he is worth reading. When you first start reading it it's like undefined gibberish full of words that you have to look up. It requires a lot of concentration to read.
I realize that it's not very helpful merely to say 'something is happening' or 'something is going to happen' because the price of silver has gone up so quickly. Everyone wants to know what is going to happen and when, and how to prepare for it. All I can say is, it will be something. I wish I knew something more specific. But it scared me to see it at $46 this morning.
Last edited by Nico1e; 04-22-2011 at 02:57 PM. Reason: wrong link URL