The concept of you expecting
The concept of you expecting more 'wealth' for loaning your 'wealth' exposes your greedy(banking) nature.
View ArticleTo Hell with those usurious
To Hell with those usurious old people!To add to my earlier comment to Irene:The stability of the gold (or any tangible "thing") standard creates a decrease in risk premium that significantly narrows...
View ArticleHaha, you gave up reading due
Haha, you gave up reading due to a bruised ego? lol"Yet, for some reason, they believe they can repeal Gresham's Law."No. FreeGold uses Gresham's law, it does not suspend it.
View ArticleThe writer did not mention
The writer did not mention that under what would seem to be the leading proposition for a modified gold standard whereby first the currency is divorced into two segments a) money to satisfy the double...
View ArticleThere is a difference between
There is a difference between saying something is good, and accepting something as inevitable and making the best of a bad situation. You seem to be confusing wishfull thinking for reality.
View ArticleYes, but what kind of a
Yes, but what kind of a marketplace? One where actions have consequences, or BenronWorld?Oh, and to answer you question? Negative interest rates.
View ArticleWhere's the value to be had
Where's the value to be had in considering the mechanics of more monetary crankism?Money isn't that complicated. If it is, you can bet it's just another scam.
View ArticleWould it be fair to say that
Would it be fair to say that the U. S. Military is complicated? Would it be reasonable to say that the U. S. dollar is a proxy for the U. S. Military? Seems the natural conclusion would be that the...
View Articlethats what i mean. he saves
thats what i mean. he saves the surplus of fishes. When we save we loose it to inflation but he keeps the fishes. the problem is, there is no natural concept of borrowing fishes or crusoe cannot borrow...
View ArticleCurious, do you consider his
Curious, do you consider his mistakes to be the same as those who assail him over at Mises.org?Someday I'd love to mediate a discussion between them (I found Fekete shortly after Mises and didn't yet...
View ArticleCountries with gold in the
Countries with gold in the ground are suddenly much wealthier than those that don't have gold, not as a result of better run economies etc but due to the sheer luck of having shiny-shiny in the...
View ArticleNo, I gave up because there
No, I gave up because there is no point in engaging childish people who resort to such tactics. Especially when they consider their argument to be intellectually superior. The battle of ideas is one...
View ArticleYay! More character attacks,
Yay! More character attacks, wholly devoid of reason.I think we're done here.
View Articlehttp://www.j-bradford-delong.
http://www.j-bradford-delong.net/politics/whynotthegoldstandard.html
View ArticleAt least you addressed the
At least you addressed the concept of usury and the moral use of it. /sarc
View ArticleBimetallism worked fine when
Bimetallism worked fine when gold was dollar locked and silver floated and was priced by supply and demand dynamics-The problems came when they locked silver to gold at 15-1 -thus guaranteeing a future...
View ArticleOkay... so what's the value
Okay... so what's the value of consdering infinity when it's hard enough to get through the topic at hand, which is... how do market interest rates come to be in when there's a free market for money...
View Articlegold standard only work if
gold standard only work if there are no fiat systems to compete otherwise the bad money will buy up the good money. A gold standard is chronicly deflationary as there is a strong inflow of gold to...
View ArticleDoes nobody even understand
Does nobody even understand the phrase "get real" any more? Does anyone today understand that abstractions are only a mental construct, not a real/physical one?Let's be clear. Your living, breathing,...
View ArticleYeah, I was jonesing - please
Yeah, I was jonesing - please everyone, throw in a few extra clicks. Withdrawal's a bitch, and it's really unnecessary!!
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