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Author Topic:   The Giant Pool Of Money. Implications
xongsmith
Member
Posts: 2587
From: massachusetts US
Joined: 01-01-2009
Member Rating: 6.4


Message 96 of 423 (615850)
05-17-2011 3:35 PM
Reply to: Message 91 by Jon
05-16-2011 10:25 PM


Re: What Is Money?
Jon writes:
What is there to buy? What do you need? What do I need? I could use a vacuum, that's for sure. But my needs are pretty much met. All I need is enough money coming in to replace the stuff that goes out on consumable expenses. Any extra money is spent on junk; wasted on non-essentials; thrown into causes and products that provide no real return.
Driving an economy by encouraging people to spend money on useless junk? Not a plan.
And even worse: buying more useless junk still won't help with your idle factories and unemployed people, since little of the junk bought is actually manufactured domestically.
Jon
After you have covered food & clothing & shelter & medical needs, and you are looking for ways to spend money, may I suggest supporting your local musicians & artists?
Agreed - don't buy shit.
RULE OF THUMB: The more you see it advertised in the main stream mediot world, the more unmitigated shit it is.

- xongsmith, 5.7d

This message is a reply to:
 Message 91 by Jon, posted 05-16-2011 10:25 PM Jon has seen this message but not replied

  
xongsmith
Member
Posts: 2587
From: massachusetts US
Joined: 01-01-2009
Member Rating: 6.4


Message 168 of 423 (643102)
12-04-2011 11:54 PM
Reply to: Message 167 by NoNukes
12-04-2011 11:24 PM


GOLD
Following this thread, so not really replying to NoNukes, but also not qualified to be a general reply.....
Gold has proven to be a very correct substance to use in the construction of space vehicles because of it's elemental properties.
However, Crashfrog is correct to say it is essentially an arbitrary system of money.
Do you want to stop inflation? Define money by what people do.
The so called bread basket system:
X number of loaves of bread, considered a staple, Z number of eggs, W of milk, etc. In there is toilet paper, window shades, internet access, furniture of a basic stripped down nature, TV, appliances, price of a home, all this stuff garnered together to make a comfortable middle class living for a family, modified over the years as different technologies come into the forefront. Who needs a hula hoop now? But an iPhone? Some yes, some no. Average it in. Base the dollar on what people do.
Edited by xongsmith, : b e is be

- xongsmith, 5.7d

This message is a reply to:
 Message 167 by NoNukes, posted 12-04-2011 11:24 PM NoNukes has seen this message but not replied

Replies to this message:
 Message 169 by crashfrog, posted 12-04-2011 11:59 PM xongsmith has replied
 Message 170 by xongsmith, posted 12-05-2011 12:05 AM xongsmith has not replied

  
xongsmith
Member
Posts: 2587
From: massachusetts US
Joined: 01-01-2009
Member Rating: 6.4


Message 170 of 423 (643106)
12-05-2011 12:05 AM
Reply to: Message 168 by xongsmith
12-04-2011 11:54 PM


Re: GOLD
One of the most ridiculous forms of value is the value of stupid rarity, like the upside-down airplane stamp or an original copy of the first Rogers Hornsby baseball card.
Gold is rare. Value based on rarity is stupid. There was a Mowgli story about this called the King's Anka.
Let's get away from all of this distracting stuff and move on to the things that actually help humanity

- xongsmith, 5.7d

This message is a reply to:
 Message 168 by xongsmith, posted 12-04-2011 11:54 PM xongsmith has not replied

Replies to this message:
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xongsmith
Member
Posts: 2587
From: massachusetts US
Joined: 01-01-2009
Member Rating: 6.4


Message 171 of 423 (643108)
12-05-2011 12:25 AM
Reply to: Message 169 by crashfrog
12-04-2011 11:59 PM


Re: GOLD
Crashfrog hits me with:
And why on Earth would we want to stop inflation? Inflation is a good thing. In part, inflation is how we make sure there's enough dollars to go around as the American population grows. Inflation drives investment. Inflation is a good thing!
Inflation amongst the citizenry seems to them like their money is going down the drain. It would be better to avoid it when you can. A cow is a cow. Your little investment argument seems to support the most vicious & egregious components of this country, like the stock market. What's worse than a lawyer? A stockbroker. Stockbrokers do ABSOLUTELY NOTHING OF REAL VALUE for this country, ABSOLUTELY NOTHING OF REAL VALUE for you and YET, YET, they get paid BIG BUCKS for it. Bankers, investors, it's all SHITE. They should all DIE. Inflation or deflation are both bad in the eyes of the citizen. You piss off your citizenry, you got a bloody revolution and lots of humans die. People want things to be the same when possible. This is how it works. By basing the dollar on the bread basket as described, BARTERING continues as normal!!!!! Free markets work! The big Ripoffs get squelched.
The USA needs George Bailey so bad, because we are still lurching down the road to Potterville. We see this movie everytime around late December and still it's lessons are ignored.

- xongsmith, 5.7d

This message is a reply to:
 Message 169 by crashfrog, posted 12-04-2011 11:59 PM crashfrog has replied

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xongsmith
Member
Posts: 2587
From: massachusetts US
Joined: 01-01-2009
Member Rating: 6.4


Message 195 of 423 (643552)
12-08-2011 3:10 AM
Reply to: Message 194 by jar
12-07-2011 5:37 PM


Re: Hollowed Out Middle Class
Jar advises:
Phat, it is up to YOU to make YOURSELF valuable.
The first step is to actually learn the basics.
In the case of I.T, that is OLD school advice. Problem now is that the basics are constantly being thrown out in favor of these new latest & greatest basics. So, you take time to learn the basics, but what you just learned is immediately obsolete. So, you take time to learn the newer stuff, and it is also obsolete when you get the knowledge. This is the first time in the USA that an industry behaves like this. What they've made people have to do in this field today to survive is to MAKE the new basics out of thin air and bullshit advertising, stiff-arming away years of experience.
So then you have countries like India and other foreign countries making shops of employees with resume's (C.V.'s for you in the UK and elsewhere) based on bald-faced LIES on credentials and no real knowledge of anything. American companies, concerned with the bottom line and the latest buzzwords, hire them at dirt cheap prices and they get dirt cheap work. Whoopee. My advice: stay out of I.T. - you will never get a career out of it. Only temp jobs. No security. It's dog eat dog. Cat eat cat. Rat eat rat. No 3-bullet PowerPoint viewgraph will ever be able to show what's really going on, because things get way more complex than that quickly, but management loves them so much they are willing to sell the USA down the river, just so they can score PowerPoint bullets.
Management - there's a reason they call it KICKING them upstairs. It's because they are only capable of understanding 3-bullet viewgraphs.
[/endRANT]

- xongsmith, 5.7d

This message is a reply to:
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xongsmith
Member
Posts: 2587
From: massachusetts US
Joined: 01-01-2009
Member Rating: 6.4


Message 256 of 423 (803715)
04-03-2017 10:13 PM
Reply to: Message 255 by crashfrog
04-03-2017 10:04 PM


Crashfrog!
Welcome back!

- xongsmith, 5.7d

This message is a reply to:
 Message 255 by crashfrog, posted 04-03-2017 10:04 PM crashfrog has replied

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xongsmith
Member
Posts: 2587
From: massachusetts US
Joined: 01-01-2009
Member Rating: 6.4


(1)
Message 310 of 423 (817214)
08-15-2017 7:02 PM
Reply to: Message 307 by Phat
08-15-2017 1:08 PM


Re: Hollowed Out Middle Class
ringo writes:
I'm in favour of raising wages - but starting at the bottom.
Knowing full well that leveling everyone out won't work...why deprive the middle class of their efforts? You seem to be favoring the working class. One could argue that this is just as bad as favoring the upper class (as Republicans do) or favoring the middle class (as I do)
I totally get your philosophy of bringing all classes closer together. I'm just angry that the middle group gets squeezed lower. Boo Hoo indeed!
NO NO NO. You guys are couching this all wrong.
no, raise the middle class wages in proportion. If you are getting $18 an hour and the minimum goes from $7.25 up to $14.00, your $18 becomes $34.76. Or maybe give the 18 the same increase, up to $24.75. It's the assholes at the top, the 0.01% who should pay for all this. They can afford it. They are the ones making record +400x as much as their minimum laborers. THEY ARE THE ONES WHO HAVE BEEN STEALING OUR COUNTRY!!!
Don't pitch the lower class against the middle class. That's exactly what these Rulers want you to do.

- xongsmith, 5.7d

This message is a reply to:
 Message 307 by Phat, posted 08-15-2017 1:08 PM Phat has replied

Replies to this message:
 Message 311 by Phat, posted 08-16-2017 2:26 AM xongsmith has seen this message but not replied
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xongsmith
Member
Posts: 2587
From: massachusetts US
Joined: 01-01-2009
Member Rating: 6.4


(1)
Message 363 of 423 (818135)
08-23-2017 11:48 PM
Reply to: Message 361 by ringo
08-23-2017 4:29 PM


Re: Hollowed Out Middle Class
Somehow I missed this the first time through:
Ringo stated
It isn't who benefits from corporate profits that matters.
How he could come to that conclusion, when the 0.01% are EXACTLY the ones benefiting.
Then Phat asks:
So you would have it that there were only two classes? Rich and working?
That IS what the 0.01% want. Even of the 2% below them.
Edited by xongsmith, : river city P

- xongsmith, 5.7d

This message is a reply to:
 Message 361 by ringo, posted 08-23-2017 4:29 PM ringo has replied

Replies to this message:
 Message 367 by ringo, posted 08-24-2017 11:40 AM xongsmith has not replied

  
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