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Author Topic:   The Giant Pool Of Money. Implications
NoNukes
Inactive Member


Message 59 of 423 (586438)
10-13-2010 9:53 AM
Reply to: Message 52 by Buzsaw
10-09-2010 6:12 PM


Re: Topic Related Prophecy
Buzsaw writes:
Jar, what good would another thread on prophecy do when you have no intention of ever admitting to any of the evidence such as I have aired right here relative to this topic? Reasoning with you is impossible when it comes to anything supportive to the Biblica record.
How often does anybody change their minds here? Getting admissions is not a reason for participating in an online debate.

This message is a reply to:
 Message 52 by Buzsaw, posted 10-09-2010 6:12 PM Buzsaw has not replied

  
NoNukes
Inactive Member


Message 157 of 423 (643072)
12-04-2011 3:24 PM
Reply to: Message 147 by crashfrog
05-20-2011 10:21 AM


Re: The American Mindset
Silver and gold are pretty useful, with their uses being primarily limited by their expense. Silver is used in many electrical applications. It is the best conductor or heat and electricity among all of them metals. Certainly it would replace copper in many applications, particularly at high frequencies in which current flow is limited to the "skin" of the conductor, if it were only a bit cheaper.
Silver is used in photographic film, and I believe that doctors used to put some kind of silver solution in babies eyes at birth, for reasons I cannot recall.
Silver does indeed tarnish, but in many applications, corrosion of the surface is not the big issue if the tarnish or oxide adheres to the surface and protects the underlying metal.
Gold is used all over the place.
I don't believe there is a serious argument that gold and silver are not useful beyond their ornamental uses.

This message is a reply to:
 Message 147 by crashfrog, posted 05-20-2011 10:21 AM crashfrog has replied

Replies to this message:
 Message 158 by crashfrog, posted 12-04-2011 3:49 PM NoNukes has replied

  
NoNukes
Inactive Member


Message 159 of 423 (643079)
12-04-2011 7:06 PM
Reply to: Message 158 by crashfrog
12-04-2011 3:49 PM


Re: The American Mindset
You'll notice, hopefully, that what I said was "little", not "none."
That's fine. But from my comments it should be clear that I take issue with saying that gold and silver have little intrinsic value. That's nonsense. Those metals are of great value even if we exclude purely ornamental uses.

This message is a reply to:
 Message 158 by crashfrog, posted 12-04-2011 3:49 PM crashfrog has replied

Replies to this message:
 Message 160 by jar, posted 12-04-2011 7:33 PM NoNukes has replied
 Message 161 by crashfrog, posted 12-04-2011 7:51 PM NoNukes has replied

  
NoNukes
Inactive Member


Message 163 of 423 (643088)
12-04-2011 9:10 PM
Reply to: Message 160 by jar
12-04-2011 7:33 PM


Re: The American Mindset
How are gold and silver any different than any other commodity?
The primary difference is one of perception. Other than that they used to back currency, and pundits aren't hawking them. If civilization crumbles, you sure cannot eat them as if they were pork bellies.

This message is a reply to:
 Message 160 by jar, posted 12-04-2011 7:33 PM jar has replied

Replies to this message:
 Message 164 by jar, posted 12-04-2011 9:12 PM NoNukes has seen this message but not replied

  
NoNukes
Inactive Member


Message 165 of 423 (643090)
12-04-2011 9:22 PM
Reply to: Message 161 by crashfrog
12-04-2011 7:51 PM


Re: The American Mindset
They're chosen as currency metals simply by tradition
I don't think the history of gold in this country reflects that at all. People didn't rush out to California because they could mint coins. It wasn't until later that the first mints took precious metals and minted them into coins of standard weights.
I'm really at a lose to assess your point. The scarcity does of course figure into the value of gold and silver, but isn't that true for every other metal as well.
And of course essentially no 'regular folks' in the US uses gold coins for anything other than collecting and hoarding. You cannot spend gold igots.
Edited by NoNukes, : No reason given.

This message is a reply to:
 Message 161 by crashfrog, posted 12-04-2011 7:51 PM crashfrog has replied

Replies to this message:
 Message 166 by crashfrog, posted 12-04-2011 11:13 PM NoNukes has replied

  
NoNukes
Inactive Member


Message 167 of 423 (643098)
12-04-2011 11:24 PM
Reply to: Message 166 by crashfrog
12-04-2011 11:13 PM


Re: The American Mindset
That's what I'm getting at. People who hoard gold hoard it not because of its industrial demand, but because of its monetary demand.
Gold is only different from other metals because it has a high value/ounce ratio (without being radioactive and fissile I guess) and because it is not too scarce. But essentially nobody uses gold as money anymore.
As for the idea that gold was sought after because people wanted to make coins out of it, that just doesn't match the history in the US. During the gold rush, initially gold did not need to be coined. It was only coined because trading gold dust was impractical and that took place well into the gold rush. It certainly was not the impetus for people bum rushing California in 1849.
Edited by NoNukes, : No reason given.

This message is a reply to:
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Replies to this message:
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NoNukes
Inactive Member


Message 222 of 423 (645754)
12-29-2011 4:22 PM
Reply to: Message 217 by Phat
12-29-2011 6:37 AM


Re: A Lot Rides On This Bet
To be quite honest, I want to have a boogieman to blame for why the economy wont work. People like you represent a majority, logical, rational and reasoned opinion. You don't see a crises.
I want the Atlanta Hawks to win the NBA championship this year, but I'm not going to bet $100 dollars on that proposition.

This message is a reply to:
 Message 217 by Phat, posted 12-29-2011 6:37 AM Phat has seen this message but not replied

  
NoNukes
Inactive Member


Message 373 of 423 (818255)
08-25-2017 2:44 PM
Reply to: Message 364 by New Cat's Eye
08-24-2017 11:21 AM


Re: Hollowed Out Middle Class
but offering minimum wage for a menial job is.
Now on this, I can agree. Offering minimum wage for any job is fair.
It is also fair for the labor market to organize and to negotiate a higher wage.
But the combination of minimum wages, and "right to work" laws that deny the ability for workers to negotiate is an unfair combination. It is particularly so when society has to pick up the difference by offering things like SNAP to employees.
Edited by NoNukes, : No reason given.

Under a government which imprisons any unjustly, the true place for a just man is also in prison. Thoreau: Civil Disobedience (1846)
I was thinking as long as I have my hands up they’re not going to shoot me. This is what I’m thinking they’re not going to shoot me. Wow, was I wrong. -- Charles Kinsey
I never considered a difference of opinion in politics, in religion, in philosophy, as cause for withdrawing from a friend. Thomas Jefferson
Worrying about the "browning of America" is not racism. -- Faith
I hate you all, you hate me -- Faith

This message is a reply to:
 Message 364 by New Cat's Eye, posted 08-24-2017 11:21 AM New Cat's Eye has replied

Replies to this message:
 Message 376 by New Cat's Eye, posted 08-25-2017 7:06 PM NoNukes has not replied

  
NoNukes
Inactive Member


(1)
Message 388 of 423 (818317)
08-26-2017 9:00 PM
Reply to: Message 387 by Phat
08-26-2017 4:21 PM


Re: Hollowed Out Middle Class
The laws make it so that an employee does not have to join the union. In case of a labor dispute, we cannot make the strike as effective with Right To Work in place. Evidence also shows overall wages dropping and lagging in RTW states.
I've been a union member exactly twice in my life. I was in a union as an examiner in the Patent Office, and also much earlier in life as a bag boy in a grocery store (making 1.86 an hour). Quite frankly, I'm not very sympathetic with rules that force folks to join a union before they can work. I know that not having those rules makes things a little harder for unions, but the union can counter that issue by showing clear advantages for union workers. If the union cannot do that, why should I join?
I am more sympathetic when it comes to rules that put obstacles in the way of organizing, collecting dues, negotiating, filing grievances, voting etc. Even more heinous are laws that weaken protections aimed at preventing retaliatory actions against union officers and striking workers.
Edited by NoNukes, : No reason given.

Under a government which imprisons any unjustly, the true place for a just man is also in prison. Thoreau: Civil Disobedience (1846)
I was thinking as long as I have my hands up they’re not going to shoot me. This is what I’m thinking they’re not going to shoot me. Wow, was I wrong. -- Charles Kinsey
I never considered a difference of opinion in politics, in religion, in philosophy, as cause for withdrawing from a friend. Thomas Jefferson
Worrying about the "browning of America" is not racism. -- Faith
I hate you all, you hate me -- Faith

This message is a reply to:
 Message 387 by Phat, posted 08-26-2017 4:21 PM Phat has not replied

  
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