A German mark had value….until it didn’t. Your opinion of “fiat money” isn’t universal by any stretch. You say it’s universally better. I wholeheartedly disagree, and point to Germany and Venezuela as proof. They aren’t outliers either, (looking at Africa).

Gold is useful and valuable. Digital footprints aren’t. Paper notes aren’t. Printed circuits, connectors, anti oxidation, actual physical money, jewelry, etc. gold has intrinsic value, a dollar bill has about 13210 joules, so its intrinsic worth is about 1 small 1 gram stick as kindling and little more….no matter if it’s a $1 or $500 bill or a check for billions. Again, see Germany, where bills were more valuable as firewood than money.

This deflation idea again. Give me 3 examples of deflation harming/ending a nation on the gold standard please, I’ve never heard of it happening. (Edit: as far as I can find, I’m no economics professor, for the most part the gold standard was abandoned worldwide in the early 1930’s and the last remnants removed in the early 70’s by Nixon)

Explain how unsecured notes guard against speculation….don’t just claim it. I don’t see it, people made a mint short selling Venezuelan (and other failed) dollars….speculating they would crash….they did. What?

GDP is the metric that imparts value to unsecured notes offered by countries.

I think you had a mini stroke, the paragraph starting USofA is a word salad with no meaning.

Name 3. I named Germany post ww1….they didn’t get to borrow or ignore their debts. What are you talking about?

So, the only ones that don’t/can’t borrow are all the ones that need to.

Pretending basing your dollar on Bitcoin is the same as basing it on gold is outrageous idiotic bullshit. Just nonsense. Utterly moronic and pure fantasy. Don’t try moving the goalposts, that’s what you said.

Yes, the fed will take gold. They don’t take Bitcoin, do they? How about shells? Pebbles?

Jesus, you just want to argue. You’re rambling, switching positions and going off on tangents.
It’s not about whether someone might accept it, it’s about whether it’s universally accepted at one value and about holding its accepted long term value. People once gladly accepted beanie babies as payment….stupid people.
Arcata Ca printed up Arcata dollars….you could get them cheap, businesses took them. Wanna put your nest egg into them? You say that’s good money, as good as dollars. I’ll sell them to you for gold, and let’s see who’s doing better in 10 years. Or I’ll sell you pebbles for gold. Any currency you want, I’ll sell you for gold. How’s that working with pebbles or shells? Can you buy currency with them?

It has everything to do with how much it’s worth. Stop jumping subjects because your point is failing to convince. An economy based on pebbles fails because their neighbors don’t value pebbles, but if their pebbles are gold, they succeed because gold is valued universally.

What are you talking about, the gold standard’s ability to keep up? Huh?! No keep up necessary, no slow down required, gold trades exactly as fast as everything else. What is this nonsense?!?

You mean you can’t overspend and go deep into debt?! And that’s bad?! In your opinion, not many economists….and what makes you think you can’t borrow against gold? Secured loans are easier and cheaper to come by. WHAT?!?

Yes, unsecured paper money can just be printed forever, you CAN “sell the universe”. (Or sell dollars who’s overall value is based on your country’s value) over and over, then print more and sell 9/10 again, print more, sell again. Eventually that money is worth less than it costs to print, and your creditors get paid off in dollars worth a tiny fraction of what they lent you. Not if it’s backed with gold.

Miracle cure?!? Quote it. I think you misread. Secured notes being better than unsecured notes is not “miracle cure” or perfection, it’s just measurably better, safer, and more stable. No system is perfect.

A dollar has value if you can buy shit for a dollar.

Gold likewise has no exchange value if you cant exchange it for goods and services. Its rare and chemically stable and good for memorial coins, has many technical uses and looks cute, but otherwise it hardly matters what symbol for money you choose. There is 200 years of experience with fiat money and gold and silver standards and fiat money has been better, not just usually better or better in some scenario, universally better.

Symbolic money is practical and facilitates quicker turn around prevents deflation makes speculative runs on currency harder and smoothes the economic bumps in the road in general.

GDP is just a metric. Not a bad one but not the actual goal.

USofA is teh most developed. Should have used growing. Deflation in an economy that is growing kills growth.

Restarting countries not only get to ignore their debts, they immediatelly start borrowing again.

The only countries that dont borrow are countries no-one will lend to and countries so rich in some silly resource they can float high in the international currency system without borrowing. Borrowing is good for bussiness.

What is outrageous idiotic bullshit? Believing pegging the value of your paper note to some hoarded luxury makes it a better representation of the mean value of goods and services bought and sold? I could do without gold except for the jacks on my audio cables (just kidding). It does not matter what I exchange for food and gas, if it gets me food and gas, its good money.

Money is what you can pay taxes with. Do they take gold?

If you insist your dollar has the value of some weight of gold how does that influence the willingness of someone else to sell you shit? Unless they specifically intend to buy gold at a fixed price they dont care. They are going to use your dolar to buy some other shit from someone else. So if you take the actual currency out of the equation, when you decide on buying and selling shit you are intuitively comparing that decision with all the other decisions about buying and sellin that you know of. The currency is just a good way to count the measure of usefullness of a product or service and compare among many. Pebbles, bottletops, dollars, gold, pearls, all just a number.

A dollar could be backed by gold or it could not, this has zero impact on the transactions made. What matters is how many transactions are made, at what value, and how much money is available to the entire marketplace in a given period of time. Transactions quickly pass the ability of a gold standard to keep up. If you want a gold standard you have to slow transactions down because you dont have the money for them.

This is why markets need some regulation, otherwise someone might sell the universe twice and then default on one. But a gold standard, at least the type of gold standard I believe was talked about in this thread as a miracle cure, would be too limiting.

Your video, Why Does A Bowl Of Cereal Explain The size of the Universe?, has made it into the Top 15 New Videos listing. Congratulations on your achievement. For your contribution you have been awarded 1 Power Point.

If the dollar has no actual value…you’re sunk from the start.

Improving gdp is the only way to add value today….much easier said than done, and possible to go backwards at light speed.

Are you calling the US a developing country? Deflation isn’t a concern for most. It’s pretty rare.

If you improve the economy artificially, the bill will come due someday inconvenient and likely cause depression, not just recession.

Restarting countries didn’t all borrow, some tried to take over the world and ignore all their debts. Just saying.

If you have gold backing your dollar, even if your dollar somehow collapsed you’ve still got all the gold. That’s just one reason it’s smart. If you don’t issue dollars for every ounce of gold in reserve, you can add dollars without the risk of inflation, then remove them when possible.

You keep saying it has no advantages, I’ve listed many.

Outrageous idiotic bullshit. Gold is a commodity universally valued. Bitcoin is worse than nothing, it costs money just by existing and has absolutely no value besides what idiots will pay, that’s like basing your economy on beanie babies and saying it’s the same as physical gold. WTF man?

Did they offer that in the program, or was it only random individuals….or are you extrapolating, assuming the program became universal? I thought this plan was just for the indigent.

$500 each for 4 works out to more than my wife brought home for 40 hours a week after 15 years at her last job…..barely livable for 4 anywhere in California, a nice income in some states. Not a huge amount to provide for 6 months. How much does temporary housing, services, extra law enforcement, etc cost over that time for 4 people? I assume they’re close.

Yes, universal income is costly, but most on the right won’t consider giving the destitute money if they don’t get a handout too, that likely multiplies the amount by over 10 times. With a means test, it would be billions, maybe under $100 billion. We spent nearly $6 trillion on bad Covid response in 2020, including trillions to corporate welfare handouts with no strings attached and they still fired millions of workers. I think if that’s ok we can afford to invest in making people productive again instead of drains on society (of course, not everyone will benefit, but 75% success must be a win overall). If not, socialize any corporation that took a bailout, we bought em, we should own them.

…Or taking on more debt like every government project, but the increase in gdp from turning costs into profits likely pays for the program without a dime in new taxes, just a reduction in costs of handling the homeless and new taxes from their incomes….especially if you have a means test and not universal income.

Yes, they convoluted by calling it universal income but focusing on homeless. It should be UMI. Universal Minimum Income….under employed get less than unemployed up to a certain minimum livable combined income, fully employed (with living wages) get nothing….IMO. Sadly, a large portion of people can’t see what’s in that plan for them (no homeless, less crime dumbshits) so won’t consider it unless they also get $500 even though that’s not even a noticeable amount to them….one more ivory backscratcher.

I'm gonna have to be that guy. $500 a month for a family of four is $2k, which is a very good chunk of money to drop in your lap.

That works out the same as it they were on a single income, working 40 hour weeks at $10/hr, so almost equivalent to a full time job. No doubt that's gonna be a big deal and noticeable financial improvement to the recipient(s).

As always with UBI schemes, the devil is in how you pay for it. If it's truly universal, paying $500/month to ~330 million Americans would cost $1.98 Trillion dollars, meanwhile the current entire US gov budget for 2022 is estimated at $1.2 Trillion.

So, to implement $500/month universally in America would require not only increasing overall tax revenues by almost 50% it would also require the cancellation of 100% of every single other expenditure. That not includes military spending going to zero, but even cancelling the jobs of everyone that collects taxes and would presumably have been responsible for distributing the $500 checks.

If the 'fix' is to just tax the pants off anyone earning more than the $500/month, or limiting who we give it to, then it ceases to be a UBI scheme, and is instead just a mundane modification of the existing social security scheme by shuffling more money back and forth between different folks.

Too bad that little insurrection interrupted them from making that case then, isn’t it?
That was the plan, object, have Pence accept and agree with their baseless already litigated and found legally invalid objections to legally certified electors, then have him accept the fraudulent slates of “electors” with their forged fraudulent documents provided by the RNC without allowing for any new objection, and declare Trump president despite his losing the vote and electoral college by a historic landslide….that’s called stealing the office, and is about as anti democratic as government gets. Even Pence sees that clearly, and he’s as sycophantic as they come.
After the failed coup, that evening the sycophants in their gibbering terror dropped their ploy and objections and let Pence move on.
Must be nice to have no memory, it allows such easy rewrites of history and your positions.

Fortunately, one violent Republican subversion of democracy got in the way of another attempted Republican subversion of democracy by fraud, and put Pence in the position of going along with the president’s mob trying to hang him, or follow the law, and the facts, and not join the coup (because it was clear if he did, he would still be hanged come Jan 21st. His actions and words that day make it clear he was certain the president himself was trying to kill him by any means….that’s why he refused to leave congress with the president’s personal secret service team. He feared assasination by Trump.).

Sorry, these quasi legal manuverings have been litigated, you lost. “Can” and “could” being operative words there….the issue being the validity of the challenges. The rights interpretation of the law and their ability to circumvent it has been rejected universally by the courts, because it is blatantly disingenuous and ridiculous, ignoring precedent and historical interpretation in favor of technical loopholes that might be valid if you just ignore the rest of the law and the requirement for honesty in court….like the ploy you describe above.

The issue is the wrong guy, a dishonest blowhard trying to cover his own failures, claimed this early on with absolutely zero evidence. It was a clear dodge, his normal MO. Refusing any responsibility for ending the international pandemic response team that would have been able to actually say when and where the outbreak started, and likely be able to keep it relegated to one small area in China. By blaming it on a Chinese lab, actually saying it was intentional, he deflects from his abject failure to protect America from a clear, obvious, incontrovertibly deadly threat on the horizon….or any time after it’s discovery.
Were the Chinese studying Covid, yes, so were we. That’s not an indication of where it came from. There’s no evidence it came from any lab, only supposition at best.

Edit:Even if the guess that it came from a Chinese lab is correct, it doesn’t excuse one second of Trump’s (lack of) response and outright denials for months-years. The origin has nothing to do with the danger level, in fact, if it WERE enhanced/created in a lab as he claimed, that’s more reason to consider it MORE dangerous, not reason to claim it’s just a cold or mild flu and will disappear like magic in a few weeks. Granted, it was fun to see him (only after his trade deal fell apart) blame this deadly virus on the Chinese as an unforgivable deliberate act of germ warfare and accuse them of minimizing the danger and hiding the size and severity of the outbreak and in the same breath claim it’s nothing to worry about, not dangerous, probably not deadly, not worth any action to protect against, and just a minimal annoyance soon to disappear….but also disappointing to see how easily so many Americans glossed over the two faced hypocritical responsibility shirking stance he took.

This guy claims most, nearly all viruses can’t both infect people and be transmitted….what utter nonsense. If that were true, there would have never been epidemics, pandemics, not even outbreaks. Credibility destroyed.

I guess he didn’t hear about swine flu, or bird flu, or flu, or colds, or any transmittable virus. 🤦‍♂️
I guess they haven’t heard new mutations are far less deadly (but more transmittable) than earlier versions, so they are getting less dangerous, contrary to his claim.

Not transmitting well outdoors means it’s not natural?! Bullshit, animals nest together. Many natural viruses require close contact to transmit.

DNA testing proved early on that this is not a man made virus. Is it possible a Chinese lab made a natural virus more dangerous, then a lab mistake released it? Yes, but there’s no evidence that’s the case, even these people who’s livelihood relies on people accepting “the lab hypothesis” (hypothesis=guess) admit it’s all conjecture, there’s no evidence, certainly no proof. It’s not the lab theory because it’s unproven.

Duh.

BTW, this couple are married, anti vaxers, Ivermectin proponents, and were thrown out of Evergreen College, and are now both now discredited and disgraced. Their main source of income is now their anti vax, pro Ivermectin, Covid isn’t dangerous podcasts loved by morons like Joe Rogan, and a source of much of his misinformation that’s getting him removed from his platform.
“Bret Weinstein is one of the foremost purveyors of COVID-19 disinformation out there,” says Dr. David Gorski, a surgical oncologist and professor at Wayne State University who also debunks quack remedies as managing editor at a website called Science-Based Medicine. “Weinstein can be ‘credited’ with playing a large role in popularizing the belief that ivermectin is a miracle cure or preventative for COVID-19, that the vaccines are dangerous, and that the disease itself is not. Why are Rogan and Maher attracted to his messages? Contrarians and conspiracy theorists tend to be attracted to each other.”
https://whyevolutionistrue.com/2021/09/16/bret-weinstein-and-heather-heying-go-unvaccinated-take-ivermectin/

Downvote discredited shills who profit from misinformation. No surprise at all, considering who posted this dishonest propaganda from discredited propagandists.

language is just scaled math with some added imprecision and human errors

Think of it like floating point math with bugs in the code

And what people know or are "good at" isn't fixed. It's based on practice like anything else.



You sure are layin it on thick lately, scared about that trumpy court case out of new york eh? fucking criminal


I told you a long time ago, let me know when Hillary actually get's locked up. You can have all the excuses of "she's got friends protecting her" you want, but she sat in front of a senate committee several times over and answered questions under oath. Something your coward is yet to do. But that's okay, we'll force him, before he's ACTUALLY thrown in jail for his crimes at Trump inc. They already nailed him on his scam university, and that was while he was still in office.


https://en.wikipedia.org/wiki/Trump_University#Settlement

Why not every life in the universe across time. If there is a soul then I find it a bit silly that it should be bound to earth only.

so the universe DOES revolve around me. sweet!

FYI. This was from Biola (http://biola.edu) like Azusa Pacific University (http://apu.edu).

Not for lack of trying.

Trump didn’t steal the election…..

…..but he sure as fuck tried to, in dozens of illegal and unethical ways, and with 62 ridiculous lawsuits (in the hopes that his appointed judges would return the favor and appoint him president), and with a deadly coup… he’s still trying to. He just failed. Jesus fucking Christ, you ijit. Failing in your efforts to steal, getting caught, doesn’t erase the fact that you’re a thief. Duh.

Biden didn’t steal the election…he won by getting more votes, something Trump has never done, so it’s not surprising he thinks the person with fewer votes should win….but it’s pretty sad and 100% anti American that your ilk agree.

Trump has stolen at every turn from anyone involved with him his entire life, he (ghost) wrote books bragging about it, from routinely not paying contractors, using his position on boards to hire his own companies at exorbitant rates for jobs they often don’t do (but still get paid) bankrupting projects, creating projects designed to fall into bankruptcy after he strips the assets, stealing from students with his fraudulent university, stealing from veterans with his fraudulent charities, stealing from banks by inflating his assets then defaulting on loans intentionally, stealing from the US by tax fraud. Trump’s never had a business dealing where he didn’t screw over his investors by fraud or just outright theft.

Trump is a consummate thief, repeatedly convicted of or admitting fraud. Theft by fraud isn’t just theft, it’s theft compounded, often by horrifically destructive unpatriotic lies, that’s about as unethical as it gets.

🤦‍♂️

BTW, Trump has never won an election by getting more votes, since you forget.

"Does the multiverse Really Exist?
As it stands, the multiverse exists outside our current scientific understanding of reality. Theoretical physics suggests a multiverse is a hypothetical grouping of multiple universes. Dec 12, 2019"

Every living thing on earth is a universe. "There can be only one."

That looks like fun set to that music.

Damn that sarcasm button.

The imagery makes me think of my army service, on the other side of the iron curtain, we used to have a compulsory 2 years (1 year for university graduates after school, fortunately) so all the 18 yo kids got "drafted" for two years, not to war, but you never knew...

Everyone hated to go, hated it while there, it was a total waste of time, buggery, bigotry, boredom, drink and drugs, women, etc.
Everyone counted down the time to go home day by day like in jail.

Yet everyone posed for heroic photographs, preferably with their tanks (our group stood in front of our kitchen :-) and pretended to be manly.

That is how I see Vietnam, scared kids thrown into a difficult to justify war against the local people in a foreign country. Unenviable.

They deserve all the accolades and any help they can be given tenfold. Also they were all heroes if they did not chicken out.

And god bless America (meaning the US of A) if it can come up with a better way to pick wars. Kind of a hint is if you have to "defeat" the whole local population to win, dont start.