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Author | Topic: Bit Coin: 2 bit bubble | |||||||||||||||||||||||||||||||||||||||||||
ringo Member (Idle past 439 days) Posts: 20940 From: frozen wasteland Joined:
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Phat writes:
To me, money has never seemed real. From the time I get up until the time im off work, I cannot avoid thinking about money. In the olden days, I used to go to work every day; every two weeks they'd give me a piece of paper with numbers on it. I'd take it to the bank and they'd give me some other pieces of paper with numbers on them; I'd take them to the store and they'd give me food, clothing, etc. for them. Pieces of paper with numbers on them would come in the mail from the phone company and the electric company; I'd write the same numbers on other pieces of paper and send them back and I would magically get electricity and phone service. Today, it's even less real. I get one piece of paper in the mail every month; It tells me that somebody has been putting numbers into the bank and somebody else has been taking them out. At the store I insert a plastic card and punch in some numbers and they give me food, clothing, etc. The only time I think about "money" is when the number at the bottom of the bank statement gets smaller.
Phat writes:
In reality, it's going in the opposite direction. The Soviet Union fragmented. Yugoslavia fragmented. Even little Czechoslovakia fragmented. The Age of Empires is over. The apologists may have well warped my mind with their tales of how a One World Government.... Edited by ringo, : Snelling."I've been to Moose Jaw, now I can die." -- John Wing
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ringo Member (Idle past 439 days) Posts: 20940 From: frozen wasteland Joined:
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Phat writes:
My anecdote was intended to convey the exact opposite - that because money isn't real, giving it all up isn't giving up anything real. The only thing that's real is the community. Maybe now you can understand my anxieties and why I dont immediately do what Jesus said and give it *all* up."I've been to Moose Jaw, now I can die." -- John Wing
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ringo Member (Idle past 439 days) Posts: 20940 From: frozen wasteland Joined:
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Phat writes:
He did. I would also give away a lot of it (though not all...unless the Lord prompted me)"I've been to Moose Jaw, now I can die." -- John Wing
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ringo Member (Idle past 439 days) Posts: 20940 From: frozen wasteland Joined: |
Phat writes:
There would still be shelters. Instead of dwelling on how important money is, you could be thinking about how to improve conditions for those who don't have any. Money is real in the sense that without it you would have no house."I've been to Moose Jaw, now I can die." -- John Wing
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ringo Member (Idle past 439 days) Posts: 20940 From: frozen wasteland Joined: |
Phat writes:
That's not an empire. It's a toolbox. The last great empire that will fall will be the global financial system itself. The global financial system has nothing to do with "one world government".
Phat writes:
Not unless you tell us what's in the video.
Critics feel free to disagree and expose any falsehoods within this video. Phat writes:
Tell us what they are and we'll see if I can deny them. ... you cannot deny the basic premises laid out in the narrative. (By the way, I went through the "crisis" of 2008 without ever noticing it.)"I've been to Moose Jaw, now I can die." -- John Wing
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ringo Member (Idle past 439 days) Posts: 20940 From: frozen wasteland Joined: |
Phat writes:
As I have been saying, "the world" is becoming more and more fragmented. "The world" does not march in lockstep as a single entity. If some parts of "the world" lose faith in the dollar, they will switch to something else.
... the dollar has now been inflated through government debt spending and stimulus and is essentially vulnerable if it loses the faith of the world. Phat writes:
"Global finances" don't need to exist at all. Local finances, backed by local communities, don't need to be part of a financial monolith.
The argument is that in the end, global finances need to be backed by something. Phat writes:
And that's a bad thing, why? The disenfranchised masses have been screwed for centuries and that doesn't seem to bother you.
I fear that some of us will get screwed in order to support the poor disenfranchised masses. Phat writes:
What you're saying is that "we" need to come up with a solution that benefits you. Im not aginst global altruism, but we need to think this whole thing through."I've been to Moose Jaw, now I can die." -- John Wing
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ringo Member (Idle past 439 days) Posts: 20940 From: frozen wasteland Joined: |
Phat writes:
Huh?
Are you really so narrowly focused? Phat writes:
Why? You do realize that if the fragmentation included your local community being fragmented from the world-at-large, your local Walmart or grocery store would become virtually empty. Do you think farmers would stop growing food?
Phat writes:
Make up your mind. Are you saying it couldn't be done or are you saying you don't like it?
Your community would be forcd to regress its standards and expectations and become virtually like Quakers or Pioneers or people like that religious group nearby you tat shares everything. Not many of us really want to rough it like that. Phat writes:
Again, are you just saying you don't like it?
Most people dont want to have to rough it with you and the Quakers singing in the woods next to their tents. Phat writes:
There have always been wars and rumors of wars
There will be wars. Rumors of wars. Nation against nation. Phat writes:
Don't be silly. You'll never get all of those people to agree on a solution.
What I'm saying is that I and my neighbors...and the entire middle/working class in general (those not yet living under a bridge, including ringo) need to make sure that we can do our best to prevent such a scenario from occurring. Phat writes:
You're dependent on the community. "The system" is not your friend.
I am dependent upon the system to keep me alive. Phat writes:
Your cult is lying to you. You seem to think that global altruism will be the norm rather than global anarchy, which I see as the norm."I've been to Moose Jaw, now I can die." -- John Wing
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ringo Member (Idle past 439 days) Posts: 20940 From: frozen wasteland Joined:
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Phat writes:
Okay, so we're clear on that - it would be bad for Phat, which is all that matters.
ringo writes:
I wouldn't like it. At all. Are you saying it couldn't be done or are you saying you don't like it? Phat writes:
And we've had that since always. So?
Though many people would be helped, many others would suffer. Phat writes:
*shrug* It belies the definition of a revolution. Ever hear of the American Revolution? Whether a revolution is good or bad is in the eye of the beholder.
Phat writes:
Remember who said that? (Matthew 20:16)
The wheel simply revolves and the first will be last. And the last first. Phat writes:
I said no such thing. The Federal Reserve is not your community. Your community existed long before the Federal reserve was ever thought of, long before there was a federation to reserve anything.
ringo writes:
Agreed. The Federal Reserve is the villain. You're dependent on the community. Phat writes:
Ask one.
How does a Democratic Socialist see this? Phat writes:
Yes. Is it ok to get poorer?"I've been to Moose Jaw, now I can die." -- John Wing
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ringo Member (Idle past 439 days) Posts: 20940 From: frozen wasteland Joined: |
Phat writes:
No. You need to explain it. Then maybe you would understand it. You really need to read that transcript from the excellent video on how money works."I've been to Moose Jaw, now I can die." -- John Wing
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ringo Member (Idle past 439 days) Posts: 20940 From: frozen wasteland Joined: |
Phat writes:
What you quoted from the transcript seems to agree more with me than with you:
You claim we can fragment into local economies, but this is neither practical or efficient.quote: So explain yourself."I've been to Moose Jaw, now I can die." -- John Wing
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ringo Member (Idle past 439 days) Posts: 20940 From: frozen wasteland Joined:
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Phat writes:
But you're not agreeing with me. You posted a quote that agrees with me but it doesn't agree with you.
First off, there is nothing wrong with my agreeing with you if, in fact, you are saying something reasonable. Phat writes:
Trade. And some people groups would be unfortunately stuck in non-resource rich communities. How will they survive apart from the rest of us? We've had financial collapses in the past and they didn't cause trade to come to a screeching halt.
Phat writes:
Again, your transcript does not support what you claim. transcript writes:Let's start with the simplest part of the economy: Transactions.... "I've been to Moose Jaw, now I can die." -- John Wing
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ringo Member (Idle past 439 days) Posts: 20940 From: frozen wasteland Joined: |
Phat writes:
I have already said that what you quoted agrees with me. Simple transactions. Nothing about the whole system collapsing. Do you agree with the premise so far?"I've been to Moose Jaw, now I can die." -- John Wing
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ringo Member (Idle past 439 days) Posts: 20940 From: frozen wasteland Joined: |
Phat writes:
Yes. ONE third failed. TWO thirds did not.
History writes:The Great Depression of 1929 devastated the U.S. economy. A third of all banks failed. Unemployment rose to 25%, and homelessness increased.2 Housing prices plummeted 67%, international trade collapsed by 65%, and deflation soared above 10%. It took 25 years for the stock market to recover.
And it did recover. So I repeat, we've had financial collapses in the past and they didn't cause trade to come to a screeching halt.
Phat writes:
No it doesn't. It supports my point that it isn't an uncommon thing.
65% may not qualify as a screeching halt, but it supports my point. Phat writes:
Some areas get hit hard even in boom times - there are still bankruptcies, foreclosures, unemployment, homelessness, etc.
Some areas get hit really hard. Phat writes:
I said, "Whether a revolution is good or bad is in the eye of the beholder." Message 32 You claim that revolutions are in the eyes of the beholder... Phat writes:
When the beholder is an American, he thinks the American Revolution was good. When the beholder is somebody else, he thinks it was treason.
... but who be the holder? Phat writes:
Certainly not myself and my neighbors! I don't know what your town thinks, but I doubt that a great depression would thrill them.You're so far off base you can't even see the stadium. I didn't say one single, solitary word about anybody "liking" a depression. Whether you like it or not has nothing to do with whether it happens.
Phat writes:
I am. (Not "bordering" - right spang in the middle.)
Unless you are a liberal socialist bordering on favoring anarchy and reparations... Phat writes:
It isn't a matter of Phat's way or utter chaos. Reality is somewhere in the middle.
...(or rioting and looting...take your pick )... Phat writes:
Of course I don't agree with you. You haven't said a word that makes any sense.
... you would agree with me. Phat writes:
The "crisis" that you're raving about is nothing but your fantasy. This crisis must be prevented."I've been to Moose Jaw, now I can die." -- John Wing
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ringo Member (Idle past 439 days) Posts: 20940 From: frozen wasteland Joined:
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Phat writes:
We are not talking about whether or not anybody would notice. You claim that the economy will collapse. I say it won't.
If you worked at a job...a factory, for instance...and 1/3 of the workers were laid off, I guarantee that the othjer 2/3 would feel it also. They likely would be forced to work harder, for one thing. Phat writes:
Don't be ridiculous. Socialism is ALL about the guy next door. Remember the Good Samaritan? Jesus explained that your neighbor, the guy next door, is also the guy in India and the LBGTQ guy.
You socialists never care about the guy next door. Phat writes:
They shouldn't "have to". They should be voluntarily helping the guy next door, as Jesus said.
I'm not sure I agree that the middle two quadrants should be forced to pay more simply to help the bottom one. Phat writes:
There's your class struggle again, Mr. Marx.
Why can't we all unite against the top quadrant... Phat writes:
Since when did Trump have a globalist adgenda? This is why populism is popular. The middle feels besieged and at risk of being fleeced by the globalist agenda."I've been to Moose Jaw, now I can die." -- John Wing
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ringo Member (Idle past 439 days) Posts: 20940 From: frozen wasteland Joined: |
I can't reply to your Message 46 because your god damn NPR is fucking up my browser. Stop posting crap like that and use your own words.
"I've been to Moose Jaw, now I can die." -- John Wing
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