No, the point of discussion to come to an understanding IMO, not to just argue.

You KNOW this, eh? I think you just believe that, but Ok, then where do we get a well functioning reserve bank? We certainly don’t have one now, we don’t even have a fully staffed reserve board capable of doing business. The gold standard isn’t constantly relying on a functioning fed….good thing because we haven’t had one for decades and don’t seem likely to have one anytime in the near future….by design.

Coin clipping went out with edge minting. Please. Nobody was using pieces of 8 of $20 coins.

That is the point of discussion, right?

I know a true gold standard is inferior to a well functioning reserve bank issuing paper money and an international exchange standard based on mutual trade agreements.

I am not sure I can explain it well or convince you, but I like you so I try.

Unfortunately the matter seems to be complicated.

The fact that something has, as you put it, "real" value is actually a bad thing, as clipping gold coins is as old as gold coins.

So let us assume gold coins are out and we are going to use some form of symbolic money...

Nope this will not fit in this thread.

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.

Okay okay look I know we've had our differences oh, but I just learned about a really good investment opportunity. I know you are not one of the c u c k s so you'll probably want to invest all of your money in this. Have you heard of cryptocurrency oh, well it just got "Maga-fied"

If I were you I would invest all my money right now like put a new mortgage on your house and stuff because Donald Trump is a very trustworthy person, and this is totally not just another Ponzi scheme from a lifelong con man

https://www.rawstory.com/magacoins/
Get your hands on some Maga coins bro

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*related=https://videosift.com/video/Eulers-Disk
*related=https://videosift.com/video/Euler-s-Disk

Euler's Disk - The Spinning Coin That Spins For Minutes has been added as a related post - related requested by mxxcon.

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Euler's Disk has been added as a related post - related requested by mxxcon.

Its not where you start in life its where you end up.

White privilege is a false statement. Its really middle class privilege. Its about education not skin color. There are plenty of poor whites as much as there are poor blacks.


Those in the back mostly without fathers.
All knowing Newt, What is the fix?

Economic hardship of those kids would be lesson if both parents were present.


Finally JOBS or lack of them are mostly due to government policies ( Fair trade / Free Trade) have decimated job opportunities for All Americans, especially low wage and entry jobs.


Make policies that bring jobs back to America. Passing bills that take tax dollars and make roads or such only create short term jobs.

Trump was right Lower business tax rates to compete on world stage stimulated economy and America started to flourish.

Sadly Biden/ Democrats want to move tax rate up which will slow down growth, if passed.


Learn???
My dad started working at 14, His dad never got passed 8th grade.
My dad went bankrupt, had a chronically ill wife ( died in early 40s due to it) and 4 kids.

He never left. He worked his ass off.

Also he broke his back in 3 places and crushed his right hand. He left the hospital to sign a house mortgage, knowing he might never work again.
With a healing back and crippled hand he drove 50 miles each way in a stick shift car for 3 years like this just to keep a roof over our heads.

I paid my own way through college, Same for my sister.

My dad says If you want it bad enough you will find a way.

So don't tell be about white privilege bull shit.

What about Black lawyers, Drs, and ball players?
They make way more coin than most white people. Do they have white privilege?

The person making minimum wage likes it enough to stay, else he will find a better paying job.


Should fines, penalties be smaller for poor people , yes.

I have a friend who is very, very, VERY rich. Years ago, he married a total psycho chick, realized his mistake, and bailed out of that marriage a couple of years later.

He told me later that after the dust settled, he did the math and it worked out his marriage cost him about $2,500 an -HOUR- in immediate losses. When he worked out the long term costs in investment appreciation, compounded interests, real estate values and a slew of other "sundry" losses that alone were worth more than we'll see in 10 lifetimes, he would have needed to add another zero.

It gets better/worse.

He plays online poker and is very good at it. Just for fun, he went into business with one of the early online poker site's founders and helped write the security for the site. Because of a bunch of legal shit, he was paid in BTC, which was selling for about $50 a "coin" then. His now-wife freaked the fuck out and made him sell it. His estimate of THAT little loss, according to him (he told me this when BTC was at around $40k) would have been enough to offset his divorce settlement by a factor of about 2.5.

Do the math.

Mega? That? Give you coin back?!

Time to end your shift Bob #3278 you're getting too tired to remember your english training.

" explode the debt" by shoveling out coin to PEOPLEduring this covid mess.

You can give you coin back if you feel so badly.
"> 90% of Covid cases by his ineptitude, " Such Factual BS

Ding ding ding.
Give that man a cigar.

I say it's even worse...we each have multiple, varying definitions of words like those that change (in our minds) based on context, but there's no way to transmit to the listener which of those variations are intended with any consistency unless you spell out exactly what you mean every time.

That gets tedious.

That said, I was thinking along the lines that you can't do opposites at the same time, you can't be in the light and dark (literally) together, but you can love and hate the same person at the same moment, but you can't love or hate someone you have complete disinterest in. Love and hate, in that sense, are two sides of the "emotionally invested" coin.

That depends on which bible you mean....there are many.

Really? Lost to history?! Hardly....lost to the ignorant and uneducated maybe, but even atheists like me know full well Jesus the man was a Jew, and definitely not a European or "white". Roman/Italian artists knew this, but worked for a Roman church so portrayed him in their image.

Genetic purity?! Lol. I guess that means no one has EVER become Jewish, you're either born one by two pure Jewish parents or not. Hardly reality, and would reject nearly every person in Israel (or elsewhere). Just because there is a long standing religious/cultural taboo against marriage outside the culture, it still happens, as does conversion. Racial/genetic purity is a fallacy debunked by genetic testing.

Prophecy is a leap. No prophecy has been correctly interpreted until AFTER the events supposedly prophesied occurred. It's ridiculous to go back after the fact and claim "see, now that I know exactly how to interpret the unclear prophecy I couldn't decipher before, it's a 100% perfect prediction" but never be able to predict the future. That's the same nonsensical logic mediums use.

The second temple was also the third, since the true second temple was originally a rather modest structure constructed by a number of Jewish exile groups returning to the Levant from Babylon under the Achaemenid-appointed governor Zerubbabel. However, during the reign of Herod the Great, the Second Temple was completely refurbished, and the original structure was totally overhauled into the large and magnificent edifices and facades that are more recognizable. Logically, the third temple was the one destroyed by Romans, the second replaced by Herod but the new one was still called the second temple anyway. (To avoid contradicting prophecy? ;-) )

If the dome of the rock, the second most holy place in Islam, is destroyed, expect Jerusalem to follow soon after, as that will definitely start a religious war between nuclear powers.

Herodotus is credited with using the term Palestinian first, in the 5th century BCE as an ethnonym, making no distinction between Arabs, Jews, or other cultures inhabiting of the area. Romans adopted the term as the official administrative name for the region in the 2nd century CE, "Palestine" as a stand-alone term then came into widespread use, printed on coins, in inscriptions and even in rabbinic texts.

I think you are confused about the history, here's a primer...
https://en.m.wikipedia.org/wiki/History_of_the_Jews_and_Judaism_in_the_Land_of_Israel

The area was populated by various people's including Jews until the Jewish–Roman wars of 66–136 CE, during which the Romans expelled most of the Jews from the area (well, really they arguably left voluntarily because they refused to be second class citizens barred from practicing their religion freely) and replaced it with the Roman province of Syria Palaestina, the Arabs were already there, not invaders or immigrants. When Assyrians (Mesopotamians) invaded in circa 722 BCE, they ruled empirically, meaning only the Jewish ruling elite left, returning in 538 BCE under Cyrus the Great....so no, the Arabs didn't just settle after the Jews were dispersed.

It's patently ridiculous to say the Arab nations were unprovoked, Jewish illegal immigration led to a hostile takeover of the region by illegal immigrants with rapid expansion of their territories into their neighbors continuing through today. The Jews defeated the Arabs thanks to American backing and exponentially better hardware. It was only their right if might makes right, and the Arab nations are under no obligation to let them keep what they stole any more than the Jews were obligated to let the Arab nations retain control in the first place. If Iran, Syria, Iraq, Saudi Arabia, or any combination can take it, by your logic they have every right to do so.

I do agree, in the end there will be more conflict until the area becomes uninhabitable....largely because every religion's prophecies end with them in control, and no one wants to admit it's all nonsensical iron age tribalism at work.

No, only saw the movie, but I have read many of Ursula K. Le Guin's books. She is the author credited with coining the word almost two decades before the first version of Ender's Game was written, and the idea of instantaneous communication in sci-fi is even older.

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