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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.

*doublepromote

oh and i made a custom thumbnail if anyone has any ideas how to swap these - keep getting invalid file name or type or blah blah i dont care enough anymore here's the link. (tried gif bmp and jpg all with different file names, dunno)

https://imgur.com/a/PiHrRHM

I try to be as smart as I am able to, my means are humble.

Do you presume that everyone in Texas who proclaims himself a christian is obliged to have the same official christian opinion on abortions?

Dissenters to be burned at a stake on Sunday.

I do not claim to know "very fundamentals" but I am sure there are many interpretations even in Texas of what christianity is or should be. Which exactly do you have in mind?

I am glad videosift is graced by the presence of the Texas supreme christian fundamentalist who knows what people in Texas should think, the penalty for nonconformity being to "fuck off out of Texas". Sounds very unchristian to me, but what do I know about christians in Texas, right?

Well enjoy your 15 minutes of fame, Texas. Abortions dont care, they will keep on being performed, just secretly, dangerously and expensively. Lawyers will be happy. Poor people will die. In the name of preserving the life of a cluster of cells which might or might not have gone on to become a human, actual humans will be harmed.

Wait, so he is better than Trump? Right?

In what universe is that not saying much? If the contest is between them two, and possibly your other favourite did not get through the semi-final or maybe you dont care, is it not important that the better man (or person) wins? My brain hurts.

That OLC "memo" that says a sitting President cannot be indicted needs to be made illegal too, no one is above the law, I dont care if its a Democrat or Republican in the WH.... Stick to the law and dont do dumb shit and everything is fine...

Yeah I dont get that shit bird argument about what color a mermaid is, has anyone seen a mermaid to see what color they are if they existed. People are dumb, if the girl they cast does a good job I dont care what color she is...

Load of rubbish. If a crowd forms at the entry to an escalator typically people start standing on both sides. 30 percent of efectivity (percentage points fly around a lot in this video) are not worth the loss of personal freedom. Some people insist on forcing their social engineering on everyone for small apparent economic advantages for who? Escalator makers? Their own personal ego warming? Look ma, my escalator is 30 percent more efficient than Bobs! Yes but half of your escalated people are unhappy because they cant walk and the other half dont care either way! So lets all be nice to each other if possible and let walkers walk and standers stand, OK? Which is BTW the result of the mentioned experiments.

Some additional thoughts too, a lot of people either love or hate the book. Either they feel no nostalgia or dont care for all the pop culture references. Or just absolutely love it, which I love it.

Mostly it seems a lot people think because it has so many references that it has no original content. I view it this way, you mostly only ever get Wades side of the story. Stuff form his view point, Hallidays easter egg became his obsession stated several times in the book. How does someone obsessed with the very thing they deal with think?

Are the tons of references too much? At times possibly, but this is coming from the thoughts of Wade has hes thinking of ways to find clues or the next break into Hallidays trail.

At least thats how i think of the book.

Missed the point entirely, trumpers, DONT CARE if anything he says is true.

i agree that, generally speaking, the best way to deal with stupidity is to let it expose and screw itself. but there is definitely a limit to that, a point where the stupid becomes too big to stop, and you have to take a stand before its too late.

I dont think that was the case here (though all I know of peterson is what was in the CBC article). But I would definitely protest if my university was paying an idiot a ton of money to give a speech where they could make themselves look smart; and lets not be naive, for all the calls for "free speech" and "debate", usually these speakers take few questions and dodge anything critical with the host moderators protecting them from embarrassment. So if my university wants to pay kissinger or hillary hundreds of thousands of dollars to talk about human rights or ethics, yes I would protest that...

this guy is small fry and is basically looking for it to validate his position, as the article stated other speakers declined precisely because they could foresee that the free speech vs political correctness summit having a speaker whose contribution to the discussion is: "[he] does not recognize another person's right to determine what pronouns he uses to address them." I dont care what whose beliefs are, if you dont want to call someone how they want to be called, you are looking for a fight. and if the other person does not recognize your right to self determine how to address them?! Wow, so deep. this is really what university is for!

my response also comes from a recent discussion elsewhere, regarding the pervasiveness/frequency of the "safe space, snowflake, trigger warning" phenomena that occasionally comes up in videos like these. how many people actually have personal experiences, even indirectly, with professors giving trigger warnings or of a safe space? i have several professors in my circle of friends and family and none have ever witnessed it.

When my older son was a toddler he would call me by my first name, funny but slightly unnerving.

Its their culture, peer pressure. BTW they probably dont call each other motherf*cker or sonofab*tch habitually. Its amazing how often insults in any culture refer to mothers, appears to be a soft spot. If you listen to the video carefully they dont want to disclose their mothers name publicly so that she could not be shamed (insulted) by others. Not because they dont care, rather because they do care, they just live in a complex society.

The anti-cop rhetoric will lead to more of them being assassinated like we saw earlier this Summer. BLM dont care about dead cops, do they?

Crabs dont care. They lack the mechanism to understand their predicament. There is nothing inside a crab that could give informed consent.

Ducks are different, they might not be the cleverest dinosaur, but my guess is they would consciously avoid the slide if they had the choice. The crabs just apply chaos theory.

Informed consent in this case (the crab video) is the human consent that this is funny.

Bryce: Most humans like waterslides. Or pretend to like them (peer pressure). I hate waterslides. Unavoidable if you have kids though. All humans stop liking waterslides after a variable number of consecutive slides (in my case 0). Crabs dont care.

Your video, "We don't care, we don't have to, we're the phone company.", has made it into the Top 15 New Videos listing. Congratulations on your achievement. For your contribution you have been awarded 1 Power Point.