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Author Topic:   Phat Unplugged
Taq
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Posts: 10194
Joined: 03-06-2009
Member Rating: 3.1


Message 198 of 352 (905740)
02-02-2023 6:52 PM
Reply to: Message 197 by Stile
02-02-2023 12:32 PM


Re: Matt Dillahunty
Stile writes:
His temper with feedback is extremely short. He seems to get very angry very quickly with people who challenge him on anything. I usually don't find him to be wrong on his actual facts, but I do find him to be pretty wrong on his tactics and the way he deals with people who do not agree with him.
That's the one big criticism I have of Dillahunty. I can understand the frustration of hearing the same BS over and over, but that doesn't justify acting like a douchebag.

This message is a reply to:
 Message 197 by Stile, posted 02-02-2023 12:32 PM Stile has replied

Replies to this message:
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Taq
Member
Posts: 10194
Joined: 03-06-2009
Member Rating: 3.1


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Message 244 of 352 (916277)
02-29-2024 10:44 AM
Reply to: Message 239 by Phat
02-29-2024 6:56 AM


Re: Sharing Transcript snippets
Phat writes:
One of my favorite YouTubers(bear with me ) recently had a talk refarding CBDC's potentially infringing on the First Amendment.
Having records of monetary transactions isn't an infringement on the freedom of religion, freedom of the press, nor the freedom to protest the government. Debit and credit card transactions have been tracked for who knows how long now, and nothing has happened to these freedoms because of it.
Right now as I type this, Taggert is talking about an inevitable decrease in purchasing power of the dollar.
Actually, that wouldn't be the worst thing to ever happen. It would make US imports more profitable and drive onshoring of manufacturing. Time will tell, and I have a strong suspicion that Taggart is going to come out wrong on this one. The US is set up with what looks to be the strongest demographics and economy in the developed world for the next few decades. Oddly enough, if the US manipulated its currency like China does then the dollar would be falling in order to reduce labor costs and boost export profits.

This message is a reply to:
 Message 239 by Phat, posted 02-29-2024 6:56 AM Phat has seen this message but not replied

  
Taq
Member
Posts: 10194
Joined: 03-06-2009
Member Rating: 3.1


Message 245 of 352 (916278)
02-29-2024 10:48 AM
Reply to: Message 242 by AZPaul3
02-29-2024 10:00 AM


Re: Sharing Transcript snippets
AZPaul3 writes:
If I'm reading this right you and your video friend have concerns about privacy in financial transactions. Too late.
Financial transactions are the low hanging fruit. Intelligence agencies have been capturing nearly all digital communication for quite a while now.

This message is a reply to:
 Message 242 by AZPaul3, posted 02-29-2024 10:00 AM AZPaul3 has not replied

  
Taq
Member
Posts: 10194
Joined: 03-06-2009
Member Rating: 3.1


(1)
Message 253 of 352 (916298)
02-29-2024 1:54 PM
Reply to: Message 249 by Phat
02-29-2024 1:33 PM


Re: Sharing Transcript snippets
Phat writes:
I listen a bit first, decide whether the individual has any insights that I am unaware of or perhaps that I have heard before, and judge them on their merit rather than their degree status.
What thought processes led you to believe that Taggart's take on digital currencies have merit?
What you don't seem to understand is that having a P.hD does not guarantee wisdom.
I work with many PhD's, and I can confirm that they are as human as anyone else in the wisdom department.
What I am more interested in is why you think CBDC's are any more a threat to First Amendment rights than any other sort of digital recordkeeping that has been going on for the last 5 decades?

This message is a reply to:
 Message 249 by Phat, posted 02-29-2024 1:33 PM Phat has replied

Replies to this message:
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Taq
Member
Posts: 10194
Joined: 03-06-2009
Member Rating: 3.1


(1)
Message 254 of 352 (916299)
02-29-2024 1:59 PM
Reply to: Message 252 by Phat
02-29-2024 1:51 PM


Re: CBDC Defined
Phat writes:
Rickards claims that the banks now have this information but that it can only be accessed by the "government" through Subpheona.
Intelligence agencies already have all this info. They have records of your internet use, movements of your cell phone, and gads of other info. I wouldn't be surprised if they DON'T have all the financial records already. This is what FISA warrants are all about. If your financial records are held by the Fed then a warrant would still need to be issued in order to recover those records.
Hypothetically, I think that the fear being peddled is that a government could profile its citizens to a degree through such transaction information.
There's plenty of de-identified data sources already out there. The amount of data at Google is mind numbing. Financial transactions are a drop in the ocean.

This message is a reply to:
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Taq
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Posts: 10194
Joined: 03-06-2009
Member Rating: 3.1


(1)
Message 261 of 352 (916312)
02-29-2024 6:26 PM


Another example of ironic paranoia
I did get a chuckle out of the conspiracy theorists who refused to get the COVID vaccine because they thought Bill Gates had put a tracker in the vaccine. The epidemiologists I work with actually used de-identified cell phone tracking to measure mobility during the pandemic to help model viral spread. They were worried about the non-existent tracker in the vaccine, all the while us tricky scientists were tracking them with their phones. Not an article from our group, but a similar approach:
It’s complicated: characterizing the time-varying relationship between cell phone mobility and COVID-19 spread in the US | npj Digital Medicine

Replies to this message:
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Taq
Member
Posts: 10194
Joined: 03-06-2009
Member Rating: 3.1


Message 270 of 352 (916545)
03-06-2024 10:55 AM
Reply to: Message 267 by Phat
03-06-2024 9:23 AM


Re: The Problem With Excessive Government
Phat writes:
Is it so unchristian to support the idea of America First?
What do you think Jesus would do with the people massed out our southern border, the people who are hungry, lack shelter, and are fleeing violence in their own country?
This whole idea of a global Western order with the power to weaponize the dollar and impose sanctions on any rogue state who dares fall out of line is authoritarian and requires the cooperation of the American people.
I don't think you know what the word "authoritarian" means. If sanctions are authoritarian then every president in the modern era has been an authoritarian.

This message is a reply to:
 Message 267 by Phat, posted 03-06-2024 9:23 AM Phat has replied

Replies to this message:
 Message 272 by Phat, posted 03-06-2024 12:29 PM Taq has replied
 Message 276 by Phat, posted 03-06-2024 12:39 PM Taq has not replied

  
Taq
Member
Posts: 10194
Joined: 03-06-2009
Member Rating: 3.1


Message 278 of 352 (916554)
03-06-2024 12:45 PM
Reply to: Message 271 by Percy
03-06-2024 12:26 PM


Re: The Problem With Excessive Government
Percy writes:
Trivia question: How much does a pound of gold weigh?
0.453592 kilograms.

This message is a reply to:
 Message 271 by Percy, posted 03-06-2024 12:26 PM Percy has replied

Replies to this message:
 Message 279 by Percy, posted 03-06-2024 12:50 PM Taq has not replied
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Taq
Member
Posts: 10194
Joined: 03-06-2009
Member Rating: 3.1


(1)
Message 280 of 352 (916556)
03-06-2024 12:51 PM
Reply to: Message 272 by Phat
03-06-2024 12:29 PM


Re: The Problem With Excessive Government
Phat writes:
Securing a border does not mean blocking out people. It simply means having a method of screening desirable s from undesirables.
Where in the Bible does it say that?
We have a lot of shoplifters in our store, and many of them speak no English.
Illegal immigrants commit crimes at a much lower rate than US citizens.
quote:
In 2018, the illegal immigrant criminal conviction rate was 782 per 100,000 illegal immigrants, 535 per 100,000 legal immigrants, and 1,422 per 100,000 native‐​born Americans.
https://www.cato.org/...research-illegal-immigration-crime-0
We are commanded to love our neighbor as ourselves, but that does not mean leaving our doors unlocked and inviting all of the homeless poor disenfranchised masses into our living room.
quote:
Matthew 25:31-40
The Sheep and the Goats
31 “When the Son of Man comes in his glory, and all the angels with him, he will sit on his glorious throne.
32 All the nations will be gathered before him, and he will separate the people one from another as a shepherd separates the sheep from the goats.
33 He will put the sheep on his right and the goats on his left.
34 “Then the King will say to those on his right, ‘Come, you who are blessed by my Father; take your inheritance, the kingdom prepared for you since the creation of the world.
35 For I was hungry and you gave me something to eat, I was thirsty and you gave me something to drink, I was a stranger and you invited me in,
36 I needed clothes and you clothed me, I was sick and you looked after me, I was in prison and you came to visit me.’
37 “Then the righteous will answer him, ‘Lord, when did we see you hungry and feed you, or thirsty and give you something to drink?
38 When did we see you a stranger and invite you in, or needing clothes and clothe you?
39 When did we see you sick or in prison and go to visit you?’
40 “The King will reply, ‘Truly I tell you, whatever you did for one of the least of these brothers and sisters of mine, you did for me.’

This message is a reply to:
 Message 272 by Phat, posted 03-06-2024 12:29 PM Phat has replied

Replies to this message:
 Message 288 by Phat, posted 03-06-2024 2:26 PM Taq has replied

  
Taq
Member
Posts: 10194
Joined: 03-06-2009
Member Rating: 3.1


Message 292 of 352 (916568)
03-06-2024 3:08 PM
Reply to: Message 288 by Phat
03-06-2024 2:26 PM


Re: The Problem With Excessive Government
Phat writes:
My gripe is in regard to shoplifting...one of my pet peeves. We are too soft on crimes against property.
I suspect we can find quite a bit of agreement on that topic. I also know that a lot of things I gripe about don't have simple solutions, and I suspect you have found the same thing.
We are also towards the top of the list for number of incarcerated per capita in the developed world. That is an issue we need to look at as a society.

This message is a reply to:
 Message 288 by Phat, posted 03-06-2024 2:26 PM Phat has not replied

  
Taq
Member
Posts: 10194
Joined: 03-06-2009
Member Rating: 3.1


(1)
Message 293 of 352 (916569)
03-06-2024 3:11 PM
Reply to: Message 290 by Phat
03-06-2024 2:48 PM


Re: Pounding the pound
Phat writes:
One way that the precious metals dealers verify the real from the fake is by weight.
I would hope they don't. They should be using density. In fact, Archimedes rose to fame in the ancient world because he came up with a way to find fake coins by measuring density.

This message is a reply to:
 Message 290 by Phat, posted 03-06-2024 2:48 PM Phat has not replied

  
Taq
Member
Posts: 10194
Joined: 03-06-2009
Member Rating: 3.1


Message 313 of 352 (916607)
03-07-2024 10:51 AM
Reply to: Message 305 by Phat
03-07-2024 8:39 AM


Re: Priorities
Phat writes:
One must note that precious metals should never be thought of as an investment...like bitcoin and its many bubbles. What they are is an insurance policy against the decline in purchasing power of the US Dollar, be it digital or paper.
Buying a commodity with the hope that it will make you wealthier in the future is called an investment. Buying precious metals is just as much an investment as buying stocks, bonds, or real estate.
True. You have a good point. We will always have the rich among us as well as the poor. One Texas woman recently bought 55 million dollars worth of physical silver. Her biggest worry will never be going broke. Mine might be.
Millions of retirees are living the good life right now because of their investments in market index funds and bonds.

This message is a reply to:
 Message 305 by Phat, posted 03-07-2024 8:39 AM Phat has seen this message but not replied

  
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