|
Author
|
Topic: Bit Coin: 2 bit bubble
|
Phat
Member Posts: 18308 From: Denver,Colorado USA Joined: 12-30-2003 Member Rating: 1.1
|
|
Message 121 of 178 (887481)
08-05-2021 5:34 PM
|
Reply to: Message 120 by Percy
08-05-2021 11:11 AM
|
|
Re: Shifty Schiff and the Financial Apologists
And you are generalizing all youtube responses as exploitative without proof. The truth is that it is our own Federal Reserve and leaders who are exploitative. I wont bother trying to explain it any more than i have. Its your money and your blind trust in a system that is broken. I think dwise1 might even see some logic in what i say though the rest of you are gullible sheeple. Dont whine to me when the value of your investments shrinks by 30% in the next 3-5 years. im not an idiot.
"A lie can travel half way around the world while the truth is putting on its shoes." ~Mark Twain " *** “…far from science having buried God, not only do the results of science point towards his existence, but the scientific enterprise itself is validated by his existence.”- Dr.John Lennox “The whole war between the atheist and the theist comes down to this: the atheist believes a 'what' created the universe; the theist believes a 'who' created the universe.”
- Criss Jami, Killo “The most difficult subjects can be explained to the most slow-witted man if he has not formed any idea of them already; but the simplest thing cannot be made clear to the most intelligent man if he is firmly persuaded that he knows already, without a shadow of a doubt, what is laid before him.” — Leo Tolstoy, The Kingdom of God is Within You
(1894).
| This message is a reply to: | | | Message 120 by Percy, posted 08-05-2021 11:11 AM | | Percy has replied |
|
Phat
Member Posts: 18308 From: Denver,Colorado USA Joined: 12-30-2003 Member Rating: 1.1
|
|
|
Message 126 of 178 (887493)
08-07-2021 6:57 AM
|
Reply to: Message 124 by AZPaul3
08-06-2021 12:12 PM
|
|
Re: Shifty Schiff and the Financial Apologists
AZ writes: You've said you have a history of gambling and, apparently not successfully. You've had that experience. You know the emotional high you get by taking the chance. You know you had a problem with choosing your bets in the past. You should have felt those same emotions luring you into this bet. You didn't learn from your past. I have learned some lessons over the years. The first time I felt the urge to buy into precious metals was in 1993, shortly after I "got saved" at church and felt the first stirrings of what Percy calls "some prescient messenger". Now...I know you guys are gonna think I'm some sort of loon, but at that time I felt the first inner stirrings of a spiritual war. The good guy was the Holy Spirit. The competitor was the idolatry and obsession with Gold and Silver. At that time, I had received an inheritance of roughly $40,000.00 and I plopped the whole lot into Gold ($400.00 an ounce at that time) Platinum(roughly also $450.00 an ounce at that time) and Silver($4.00-$4.25 an ounce) I felt as if I was told to do it by the Holy Spirit Itself! Had I been patient from that day forward until today and sat on my prescient investments as I believe the Spirit told me, I would now be worth close to $500,000.00 from that $40,000.00 alone. Unfortunately, I later became addicted to gambling and sold most of those metals BEFORE they rose to what they are today. So have I learned anything? Honestly, AZ I thank you for reminding me of what common sense means.
Don't break under the pressure and sell out your investment. You are in it now and to dump it is a sure loss. Your best move, at this point, is to ride the bumper car and hope your prognostications are correct. What I'm concerned about is, now that you have made this error, you will be susceptible to remorse, embarrassed at the error, and the need to correct the error by selling out at every downtick. Again...thanks. I will weigh your advice very carefully and respectfully. God works like that. He uses someone such as yourself who is an unbeliever to convey His wisdom. I will give myself a 3-5 year timeframe before making any moves. At worst, I will be stuck with my investments. At best? God only knows.  Edited by Phat, : AZ Paul3...not PaulK
"A lie can travel half way around the world while the truth is putting on its shoes." ~Mark Twain " *** “…far from science having buried God, not only do the results of science point towards his existence, but the scientific enterprise itself is validated by his existence.”- Dr.John Lennox “The whole war between the atheist and the theist comes down to this: the atheist believes a 'what' created the universe; the theist believes a 'who' created the universe.”
- Criss Jami, Killo “The most difficult subjects can be explained to the most slow-witted man if he has not formed any idea of them already; but the simplest thing cannot be made clear to the most intelligent man if he is firmly persuaded that he knows already, without a shadow of a doubt, what is laid before him.” — Leo Tolstoy, The Kingdom of God is Within You
(1894).
| This message is a reply to: | | | Message 124 by AZPaul3, posted 08-06-2021 12:12 PM | | AZPaul3 has not replied |
|
Phat
Member Posts: 18308 From: Denver,Colorado USA Joined: 12-30-2003 Member Rating: 1.1
|
|
|
Message 127 of 178 (887494)
08-07-2021 7:22 AM
|
Reply to: Message 122 by Percy
08-06-2021 9:09 AM
|
|
Can We Have A Fact Based Discussion?
Percy writes: Anytime you'd like to dip your toe into a fact-based discussion it would be more than welcome. Here are today's facts from Yahoo Finance. Our BitCoin is again on its way up. Silver and Gold? Down slightly.
Yahoo writes: From 08/06/2021: BitCoin: $43,487.92 Up $2,908.06 or 7.16%. ---------------------------- Gold: $1758.40. Down $46.70 or 2.59%. ---------------------------- Silver: $24.33. Down .96 or 3.80%. Yet I'd take the latter two long before I would even touch a cryptocurrency! Time will tell my decisions and perceptions. I will do as AZPaul3 suggests and give these markets 3-5 years before reacting emotionally (and addictively) Edited by Phat, : No reason given.
"A lie can travel half way around the world while the truth is putting on its shoes." ~Mark Twain " *** “…far from science having buried God, not only do the results of science point towards his existence, but the scientific enterprise itself is validated by his existence.”- Dr.John Lennox “The whole war between the atheist and the theist comes down to this: the atheist believes a 'what' created the universe; the theist believes a 'who' created the universe.”
- Criss Jami, Killo “The most difficult subjects can be explained to the most slow-witted man if he has not formed any idea of them already; but the simplest thing cannot be made clear to the most intelligent man if he is firmly persuaded that he knows already, without a shadow of a doubt, what is laid before him.” — Leo Tolstoy, The Kingdom of God is Within You
(1894).
| This message is a reply to: | | | Message 122 by Percy, posted 08-06-2021 9:09 AM | | Percy has replied |
| Replies to this message: | | | Message 128 by PaulK, posted 08-07-2021 8:13 AM | | Phat has replied | | | Message 134 by Percy, posted 08-07-2021 9:48 AM | | Phat has seen this message but not replied | | | Message 147 by Phat, posted 08-12-2021 7:51 AM | | Phat has not replied |
|
Phat
Member Posts: 18308 From: Denver,Colorado USA Joined: 12-30-2003 Member Rating: 1.1
|
|
|
Message 129 of 178 (887496)
08-07-2021 8:16 AM
|
Reply to: Message 123 by ringo
08-06-2021 11:48 AM
|
|
Challenging Sources Of Information
ringo writes: Surely you realize that it would be impossible to prove anything about all YouTube videos. Only the ones that you have presented have been criticized. Maybe you just have a talent for picking bad sources. First of all, you haven't even been able to watch any of them at that free library setup that you frequent. I also doubt if Percy bothered to watch/listen to very much of them, likely concluding his assessment long before having done so. Tangle calls it all "Gambling" yet the same could be said about his investments. I know the difference between gambling and investing. If I could be guilty of betting, I will admit that I am betting that precious metals will outperform the US Dollar over the next 5 years.
"A lie can travel half way around the world while the truth is putting on its shoes." ~Mark Twain " *** “…far from science having buried God, not only do the results of science point towards his existence, but the scientific enterprise itself is validated by his existence.”- Dr.John Lennox “The whole war between the atheist and the theist comes down to this: the atheist believes a 'what' created the universe; the theist believes a 'who' created the universe.”
- Criss Jami, Killo “The most difficult subjects can be explained to the most slow-witted man if he has not formed any idea of them already; but the simplest thing cannot be made clear to the most intelligent man if he is firmly persuaded that he knows already, without a shadow of a doubt, what is laid before him.” — Leo Tolstoy, The Kingdom of God is Within You
(1894).
| This message is a reply to: | | | Message 123 by ringo, posted 08-06-2021 11:48 AM | | ringo has replied |
| Replies to this message: | | | Message 130 by PaulK, posted 08-07-2021 8:26 AM | | Phat has replied | | | Message 135 by ringo, posted 08-07-2021 11:53 AM | | Phat has seen this message but not replied |
|
Phat
Member Posts: 18308 From: Denver,Colorado USA Joined: 12-30-2003 Member Rating: 1.1
|
|
|
Message 131 of 178 (887498)
08-07-2021 8:31 AM
|
Reply to: Message 128 by PaulK
08-07-2021 8:13 AM
|
|
Re: Can We Have A Fact Based Discussion?
PaulK writes: What facts support the idea that the banks are keeping the price of gold low? That they are holding large amounts of gold certainly does not. First off, high and low are relative terms. In my mind, Gold should be higher than it is relative to the US Dollar due to inflation having eroded the purchasing power of the dollar since 1940. The metals should be the standard. Otherwise, the only other standard that we have is either the dollar, a basket of global currencies (relative to each other and to global supply/demand), and ultimately human value itself. I have long suspected that the final currency will be concretely linked to humans and that we will be assigned a value in order to back this currency system. Not sure exactly how this will play out, and I will admit to being influenced by Biblical dogmatic "fantasies" yet unproven. Thus I would argue that the Banks are keeping the price of the metals stable rather than allowing it to be fueled by speculation. If the metals themselves become a haven for money taken out of stocks, bonds, or cryptocurrencies, the sheer volume of the abandoned markets would drive the price upward tenfold. Again, the metals will always have value until the very "end" of this life on this planet, when the humans will imagine themselves wise enough to set their own standard relative to themselves....which as the mythos suggests will not end well.
"A lie can travel half way around the world while the truth is putting on its shoes." ~Mark Twain " *** “…far from science having buried God, not only do the results of science point towards his existence, but the scientific enterprise itself is validated by his existence.”- Dr.John Lennox “The whole war between the atheist and the theist comes down to this: the atheist believes a 'what' created the universe; the theist believes a 'who' created the universe.”
- Criss Jami, Killo “The most difficult subjects can be explained to the most slow-witted man if he has not formed any idea of them already; but the simplest thing cannot be made clear to the most intelligent man if he is firmly persuaded that he knows already, without a shadow of a doubt, what is laid before him.” — Leo Tolstoy, The Kingdom of God is Within You
(1894).
| This message is a reply to: | | | Message 128 by PaulK, posted 08-07-2021 8:13 AM | | PaulK has replied |
| Replies to this message: | | | Message 133 by PaulK, posted 08-07-2021 8:53 AM | | Phat has seen this message but not replied | | | Message 136 by ringo, posted 08-07-2021 12:05 PM | | Phat has replied |
|
Phat
Member Posts: 18308 From: Denver,Colorado USA Joined: 12-30-2003 Member Rating: 1.1
|
|
|
Message 132 of 178 (887499)
08-07-2021 8:33 AM
|
Reply to: Message 130 by PaulK
08-07-2021 8:26 AM
|
|
Re: Challenging Sources Of Information
12% is nothing. I expect the price to at least double...and that's being conservative.
"A lie can travel half way around the world while the truth is putting on its shoes." ~Mark Twain " *** “…far from science having buried God, not only do the results of science point towards his existence, but the scientific enterprise itself is validated by his existence.”- Dr.John Lennox “The whole war between the atheist and the theist comes down to this: the atheist believes a 'what' created the universe; the theist believes a 'who' created the universe.”
- Criss Jami, Killo “The most difficult subjects can be explained to the most slow-witted man if he has not formed any idea of them already; but the simplest thing cannot be made clear to the most intelligent man if he is firmly persuaded that he knows already, without a shadow of a doubt, what is laid before him.” — Leo Tolstoy, The Kingdom of God is Within You
(1894).
| This message is a reply to: | | | Message 130 by PaulK, posted 08-07-2021 8:26 AM | | PaulK has not replied |
|
Phat
Member Posts: 18308 From: Denver,Colorado USA Joined: 12-30-2003 Member Rating: 1.1
|
|
|
Message 137 of 178 (887512)
08-07-2021 2:07 PM
|
Reply to: Message 136 by ringo
08-07-2021 12:05 PM
|
|
Re: Can We Have A Fact Based Discussion?
Have you ever considered investing in bridges? They're made of metal.  Well...bridges are certainly a better investment than walls!  Edited by Phat, : No reason given.
"A lie can travel half way around the world while the truth is putting on its shoes." ~Mark Twain " *** “…far from science having buried God, not only do the results of science point towards his existence, but the scientific enterprise itself is validated by his existence.”- Dr.John Lennox “The whole war between the atheist and the theist comes down to this: the atheist believes a 'what' created the universe; the theist believes a 'who' created the universe.”
- Criss Jami, Killo “The most difficult subjects can be explained to the most slow-witted man if he has not formed any idea of them already; but the simplest thing cannot be made clear to the most intelligent man if he is firmly persuaded that he knows already, without a shadow of a doubt, what is laid before him.” — Leo Tolstoy, The Kingdom of God is Within You
(1894).
| This message is a reply to: | | | Message 136 by ringo, posted 08-07-2021 12:05 PM | | ringo has seen this message but not replied |
|
Phat
Member Posts: 18308 From: Denver,Colorado USA Joined: 12-30-2003 Member Rating: 1.1
|
|
|
Message 138 of 178 (887553)
08-09-2021 4:29 PM
|
Reply to: Message 136 by ringo
08-07-2021 12:05 PM
|
|
Re: Can We Have A Fact Based Discussion?
The right-wing rich have a vested interest in keeping you poor. Since you are generalizing, I can only reply in kind. The "Left Wing" rich, of which there are many (mainly urban professionals with lots of college) are not as concerned with money as they are with power. They seek to keep me responsible for higher taxes to pay off the bill and to allow them to implement the tax coffers to help the poor disenfranchised masses...whom they claim to care about yet are mainly interested in the collective vote of. And they will righteously claim that they earn their wages and that I need to stand in line behind the masses.
"A lie can travel half way around the world while the truth is putting on its shoes." ~Mark Twain " *** “…far from science having buried God, not only do the results of science point towards his existence, but the scientific enterprise itself is validated by his existence.”- Dr.John Lennox “The whole war between the atheist and the theist comes down to this: the atheist believes a 'what' created the universe; the theist believes a 'who' created the universe.”
- Criss Jami, Killo “The most difficult subjects can be explained to the most slow-witted man if he has not formed any idea of them already; but the simplest thing cannot be made clear to the most intelligent man if he is firmly persuaded that he knows already, without a shadow of a doubt, what is laid before him.” — Leo Tolstoy, The Kingdom of God is Within You
(1894).
| This message is a reply to: | | | Message 136 by ringo, posted 08-07-2021 12:05 PM | | ringo has replied |
|
Phat
Member Posts: 18308 From: Denver,Colorado USA Joined: 12-30-2003 Member Rating: 1.1
|
|
|
Message 144 of 178 (887586)
08-12-2021 7:17 AM
|
Reply to: Message 142 by ringo
08-10-2021 11:46 AM
|
|
Re: Can We Have A Fact Based Discussion?
All i'm defending is the right to get wealthy without having the crap taxed out of you. If you take away the incentives to get wealthy, you kill the small businessman and support the poor impoverished masses....at the expense of the working class. It's the same old argument that I have defended before. If I were to make a lot of money on my silver, your ilk would likely find a way to tax me excessively for it.
"A lie can travel half way around the world while the truth is putting on its shoes." ~Mark Twain " *** “…far from science having buried God, not only do the results of science point towards his existence, but the scientific enterprise itself is validated by his existence.”- Dr.John Lennox “The whole war between the atheist and the theist comes down to this: the atheist believes a 'what' created the universe; the theist believes a 'who' created the universe.”
- Criss Jami, Killo “The most difficult subjects can be explained to the most slow-witted man if he has not formed any idea of them already; but the simplest thing cannot be made clear to the most intelligent man if he is firmly persuaded that he knows already, without a shadow of a doubt, what is laid before him.” — Leo Tolstoy, The Kingdom of God is Within You
(1894).
| This message is a reply to: | | | Message 142 by ringo, posted 08-10-2021 11:46 AM | | ringo has replied |
|
Phat
Member Posts: 18308 From: Denver,Colorado USA Joined: 12-30-2003 Member Rating: 1.1
|
|
|
Message 145 of 178 (887587)
08-12-2021 7:26 AM
|
Reply to: Message 141 by Percy
08-10-2021 11:26 AM
|
|
Pinning Phat To A Definite Position
Percy writes: your story keeps changing. You often use yourself as an example, and your situation changes according to your argument of the moment. Are you rich, middle class or poor? Have your reached a diabetic crisis point or are you healthy? Do you trust neither side's characterization of the other, or do you get all your information about both liberals and conservatives from the Republicans? Honestly? (Ive never been forced to take a definitive position, but here it goes!--- Percy writes: Are you rich, middle class or poor? I earn roughly $27,000.00 a year. I have no real wealth except the apartment condo that my Mom left me. Have you reached a diabetic crisis point or are you healthy? I recently had an A1C of 10.4% and am fighting to get healthy. I have been eating better but I have a ways to go. Do you trust neither side's characterization of the other, or do you get all your information about both liberals and conservatives from the Republicans? I think I tend to lean more towards Republicans, though I never liked nor supported Trump. I do favor Conservatism and would point to Dr.Milton Friedman as my example of sound policy.
"A lie can travel half way around the world while the truth is putting on its shoes." ~Mark Twain " *** “…far from science having buried God, not only do the results of science point towards his existence, but the scientific enterprise itself is validated by his existence.”- Dr.John Lennox “The whole war between the atheist and the theist comes down to this: the atheist believes a 'what' created the universe; the theist believes a 'who' created the universe.”
- Criss Jami, Killo “The most difficult subjects can be explained to the most slow-witted man if he has not formed any idea of them already; but the simplest thing cannot be made clear to the most intelligent man if he is firmly persuaded that he knows already, without a shadow of a doubt, what is laid before him.” — Leo Tolstoy, The Kingdom of God is Within You
(1894).
| This message is a reply to: | | | Message 141 by Percy, posted 08-10-2021 11:26 AM | | Percy has replied |
| Replies to this message: | | | Message 165 by Percy, posted 08-18-2021 4:07 PM | | Phat has seen this message but not replied |
|
Phat
Member Posts: 18308 From: Denver,Colorado USA Joined: 12-30-2003 Member Rating: 1.1
|
|
|
Message 146 of 178 (887588)
08-12-2021 7:33 AM
|
Reply to: Message 140 by dwise1
08-10-2021 3:17 AM
|
|
Re: Can We Have A Fact Based Discussion?
dwise1 writes: What was the annual income of your false identity of a middle-class working stiff supposed to be? In my dreams I would love to double my income. I fear excessive taxation, but if what you say is right, I can make under $100,000 a year and still be ok. So maybe I did believe the right-wing propaganda. Perhaps I agree with you guys more than I think. I believe in freedom to live comfortably rather than mandatory obligations (and taxation) to help the uneducated and unemployed poor get free handouts and stimulus checks. I say we all (under $100.000 a year) folks should get them.
"A lie can travel half way around the world while the truth is putting on its shoes." ~Mark Twain " *** “…far from science having buried God, not only do the results of science point towards his existence, but the scientific enterprise itself is validated by his existence.”- Dr.John Lennox “The whole war between the atheist and the theist comes down to this: the atheist believes a 'what' created the universe; the theist believes a 'who' created the universe.”
- Criss Jami, Killo “The most difficult subjects can be explained to the most slow-witted man if he has not formed any idea of them already; but the simplest thing cannot be made clear to the most intelligent man if he is firmly persuaded that he knows already, without a shadow of a doubt, what is laid before him.” — Leo Tolstoy, The Kingdom of God is Within You
(1894).
| This message is a reply to: | | | Message 140 by dwise1, posted 08-10-2021 3:17 AM | | dwise1 has not replied |
|
Phat
Member Posts: 18308 From: Denver,Colorado USA Joined: 12-30-2003 Member Rating: 1.1
|
|
|
Message 147 of 178 (887589)
08-12-2021 7:51 AM
|
Reply to: Message 127 by Phat
08-07-2021 7:22 AM
|
|
Todays Facts from Yahoo Finance
Yahoo Finance writes: From 08/06/2021: BitCoin: $43,487.92 Up $2,908.06 or 7.16%. ---------------------------- Gold: $1758.40. Down $46.70 or 2.59%. ---------------------------- Silver: $24.33. Down .96 or 3.80%. From 8/11/2021: BitCoin: $45,091.65 Down $925.77 or -2.01% ---------------------------- Gold: $1751.50 Down $1.80 or .10% ---------------------------- Silver: $23.38 Down .50%
---------------------------------------------------------- I'm not at all surprised by these trends. The precious metals are forecast to rally by year-end and will explode if the stocks become spooked. The BitCoin crowd is more clueless and favors their crypto over precious metals but they too will learn a lesson in economics when that day comes. I see $100.00 silver and $3000.00+ Gold. Ringo does have a point in that when I see that level I should sell and take my profits rather than hang on and hope for $200.00 silver. The safety deposit box itself costs $50.00 a year!  Edited by Phat, : No reason given.
"A lie can travel half way around the world while the truth is putting on its shoes." ~Mark Twain " *** “…far from science having buried God, not only do the results of science point towards his existence, but the scientific enterprise itself is validated by his existence.”- Dr.John Lennox “The whole war between the atheist and the theist comes down to this: the atheist believes a 'what' created the universe; the theist believes a 'who' created the universe.”
- Criss Jami, Killo “The most difficult subjects can be explained to the most slow-witted man if he has not formed any idea of them already; but the simplest thing cannot be made clear to the most intelligent man if he is firmly persuaded that he knows already, without a shadow of a doubt, what is laid before him.” — Leo Tolstoy, The Kingdom of God is Within You
(1894).
| This message is a reply to: | | | Message 127 by Phat, posted 08-07-2021 7:22 AM | | Phat has not replied |
| Replies to this message: | | | Message 150 by ringo, posted 08-12-2021 11:53 AM | | Phat has seen this message but not replied | | | Message 151 by AZPaul3, posted 08-12-2021 4:22 PM | | Phat has not replied | | | Message 155 by dwise1, posted 08-12-2021 10:13 PM | | Phat has seen this message but not replied | | | Message 156 by anglagard, posted 08-15-2021 6:39 PM | | Phat has seen this message but not replied |
|
Phat
Member Posts: 18308 From: Denver,Colorado USA Joined: 12-30-2003 Member Rating: 1.1
|
|
|
Message 158 of 178 (887629)
08-16-2021 4:04 AM
|
Reply to: Message 157 by jar
08-15-2021 7:31 PM
|
|
Re: Todays Facts from Yahoo Finance
You are the one who doesn't get it. I've researched this subject extensively.
"A lie can travel half way around the world while the truth is putting on its shoes." ~Mark Twain " *** “…far from science having buried God, not only do the results of science point towards his existence, but the scientific enterprise itself is validated by his existence.”- Dr.John Lennox “The whole war between the atheist and the theist comes down to this: the atheist believes a 'what' created the universe; the theist believes a 'who' created the universe.”
- Criss Jami, Killo “The most difficult subjects can be explained to the most slow-witted man if he has not formed any idea of them already; but the simplest thing cannot be made clear to the most intelligent man if he is firmly persuaded that he knows already, without a shadow of a doubt, what is laid before him.” — Leo Tolstoy, The Kingdom of God is Within You
(1894).
| This message is a reply to: | | | Message 157 by jar, posted 08-15-2021 7:31 PM | | jar has replied |
|
Phat
Member Posts: 18308 From: Denver,Colorado USA Joined: 12-30-2003 Member Rating: 1.1
|
|
|
Message 166 of 178 (888064)
09-01-2021 4:06 PM
|
Reply to: Message 161 by jar
08-16-2021 6:24 AM
|
|
Re: Todays Facts from Yahoo Finance
jar writes: If precious metals are the proper choice why are the folk making that claim willing to exchange their precious metals for script. Everyone is earning a living. You can't buy bread with a cryptocurrency or with a hunk of gold. But the dollar will go down. The future solution will likely be a combination of digital currency/crypto and solid backing. Gold is a proven solid backing. The human value would be another possibility. Your fiat currencies will not stay afloat. Before you lecture me on research, research the following.
How much Gold does China own?
What are the prospects for interest rates becoming negative? Can it happen? What are the probabilities? Edited by Phat, : No reason given.
"A lie can travel half way around the world while the truth is putting on its shoes." ~Mark Twain " *** “…far from science having buried God, not only do the results of science point towards his existence, but the scientific enterprise itself is validated by his existence.”- Dr.John Lennox “The whole war between the atheist and the theist comes down to this: the atheist believes a 'what' created the universe; the theist believes a 'who' created the universe.”
- Criss Jami, Killo “The most difficult subjects can be explained to the most slow-witted man if he has not formed any idea of them already; but the simplest thing cannot be made clear to the most intelligent man if he is firmly persuaded that he knows already, without a shadow of a doubt, what is laid before him.” — Leo Tolstoy, The Kingdom of God is Within You
(1894).
| This message is a reply to: | | | Message 161 by jar, posted 08-16-2021 6:24 AM | | jar has replied |
| Replies to this message: | | | Message 167 by jar, posted 09-01-2021 6:34 PM | | Phat has not replied | | | Message 168 by Percy, posted 09-03-2021 11:12 AM | | Phat has replied |
|
Phat
Member Posts: 18308 From: Denver,Colorado USA Joined: 12-30-2003 Member Rating: 1.1
|
|
|
Message 170 of 178 (888109)
09-04-2021 1:49 AM
|
Reply to: Message 168 by Percy
09-03-2021 11:12 AM
|
|
Re: Todays Facts from Yahoo Finance
Percy writes: What are the conditions that might cause negative interest rates and why might it happen here? Read this: (It does not look like it came from a conman or flim-flam artist)
9 Ways Negative Interest Rates Will Impact YouTo Wit:
quote:
Starting two years ago, these theories are no longer just a curiosity—negative rates are now a reality in the world of finance. In fact, it is the stated policy of some of the biggest central banks in the world. The European Central Bank, the Bank of Japan, and the central banks of Sweden, Denmark, and Switzerland have all dropped their interest rates below zero since early 2014. We will explore nine real-world scenarios that could play out if negative rates continue to rise in popularity among the world’s central bankers. Negative rates for the consumer
Upheaval in retirement instruments
Consumers will be encouraged to invest in real estate
More manufacturing jobs
Better cash flow for small businesses
Instability and distrust in financial markets
Pay to store paper money
Mortgages that pay you
What does everyone think of this?
"A lie can travel half way around the world while the truth is putting on its shoes." ~Mark Twain " *** “…far from science having buried God, not only do the results of science point towards his existence, but the scientific enterprise itself is validated by his existence.”- Dr.John Lennox “The whole war between the atheist and the theist comes down to this: the atheist believes a 'what' created the universe; the theist believes a 'who' created the universe.”
- Criss Jami, Killo “The most difficult subjects can be explained to the most slow-witted man if he has not formed any idea of them already; but the simplest thing cannot be made clear to the most intelligent man if he is firmly persuaded that he knows already, without a shadow of a doubt, what is laid before him.” — Leo Tolstoy, The Kingdom of God is Within You
(1894).
| This message is a reply to: | | | Message 168 by Percy, posted 09-03-2021 11:12 AM | | Percy has replied |
| Replies to this message: | | | Message 171 by Tangle, posted 09-04-2021 3:13 AM | | Phat has seen this message but not replied | | | Message 172 by Percy, posted 09-04-2021 8:52 AM | | Phat has replied |
|
™ Version 4.2