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Author | Topic: The Giant Pool Of Money. Implications | |||||||||||||||||||||||||||||||||||||||||||
xongsmith Member Posts: 2587 From: massachusetts US Joined: Member Rating: 6.4 |
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
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xongsmith Member Posts: 2587 From: massachusetts US Joined: Member Rating: 6.4 |
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
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xongsmith Member Posts: 2587 From: massachusetts US Joined: Member Rating: 6.4 |
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
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xongsmith Member Posts: 2587 From: massachusetts US Joined: Member Rating: 6.4 |
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
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xongsmith Member Posts: 2587 From: massachusetts US Joined: Member Rating: 6.4 |
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
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xongsmith Member Posts: 2587 From: massachusetts US Joined: Member Rating: 6.4 |
Welcome back!
- xongsmith, 5.7d
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xongsmith Member Posts: 2587 From: massachusetts US Joined: Member Rating: 6.4
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ringo writes: 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'm in favour of raising wages - but starting at the bottom. 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
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xongsmith Member Posts: 2587 From: massachusetts US Joined: Member Rating: 6.4
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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
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