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Author Topic:   The Giant Pool Of Money. Implications
Rahvin
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Posts: 4039
Joined: 07-01-2005
Member Rating: 8.0


Message 2 of 423 (585068)
10-05-2010 4:42 PM
Reply to: Message 1 by Phat
10-05-2010 9:48 AM


This one fact alone was mind boggling to me, and more than a bit scary. If this did in fact happen, a critical milestone had been reached in U.S.History, and the implications for people like me and you readers out there was quite scary. The thing is, I am not bright enough to understand these implications, and need your help, EvC Forum! Just what are the implications?
I'm confused, Phat. You say that "the implications...was quite scary," and then you say that you're "...not bright enough to understand these implications" and ask what the implications are.
How can you know that the implications are scary without understanding them or even knowing what they are? Do you know some of the implications of a growing pool of global money, and you find those to be scary and want to know any other implications? Or are you actually just frightened by your own ignorance - you don't understand what it means for you and me, and your lack of comprehension frightens you?

This message is a reply to:
 Message 1 by Phat, posted 10-05-2010 9:48 AM Phat has replied

Replies to this message:
 Message 5 by Phat, posted 10-06-2010 12:48 PM Rahvin has not replied
 Message 214 by Phat, posted 12-27-2011 3:16 PM Rahvin has not replied
 Message 225 by Phat, posted 04-02-2013 1:46 PM Rahvin has not replied

  
Rahvin
Member
Posts: 4039
Joined: 07-01-2005
Member Rating: 8.0


(2)
Message 230 of 423 (695094)
04-02-2013 6:26 PM
Reply to: Message 229 by ooh-child
04-02-2013 6:13 PM


Re: Implications Of U.S. Economic Demise
I always wonder when one of these assessments hits the press - who got a new contract selling gold coins on their radio/tv program? I'm guessing it's Levin this time.
Don't forget Glenn Beck. He's not on TV any more, but he still has radio and streaming internet. Plenty of fiscal fearmongering to go around...and plenty of profit for all those gold coin vendors.
Always remember, folks: if a big company tells you that your money is soon to become worthless, and then wants you to give them your soon-to-be-worthless cash in exchange for their gold...they're full of shit. Confusion is your first clue that something about the story you're being sold is wrong...and if you aren't confused by a vendor's ravenous appetite for the very cash they say is about to be worthless, well, there's no helping you.

The human understanding when it has once adopted an opinion (either as being the received opinion or as being agreeable to itself) draws all things else to support and agree with it. - Francis Bacon
"There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs." - John Rogers
A world that can be explained even with bad reasons is a familiar world. But, on the other hand, in a universe suddenly divested of illusions and lights, man feels an alien, a stranger. His exile is without remedy since he is deprived of the memory of a lost home or the hope of a promised land. This divorce between man and his life, the actor and his setting, is properly the feeling of absurdity. — Albert Camus
"...the pious hope that by combining numerous little turds of variously tainted data, one can obtain a valuable result; but in fact, the outcome is merely a larger than average pile of shit." - Barash, David 1995.

This message is a reply to:
 Message 229 by ooh-child, posted 04-02-2013 6:13 PM ooh-child has replied

Replies to this message:
 Message 231 by ooh-child, posted 04-02-2013 7:17 PM Rahvin has not replied

  
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