A Must Read-Economics made simple

wiseones2cents said:
As I have explained? There is no doubt that America gained an advantage after world war II. Though Russia quickly caught up and even surpassed them in many aspects.

Go look up Russian inventions and then go look up America. you will see that most concepts originated in Europe.

Most of the American inventions were actually stolen(or bought) from European Scientists/inventors.

In other words, they were created by someone else first. And then America used its wealth(Acquired from European elites) to expand upon them.
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Cite.
 
Southern Man said:
Cite.
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Why dont I make you cite all your b.s. claims spread by propoganda machine FOX news(and slanted American education) that you listen to?

The Tupolev Tu-95 was invented before the B-52 bomber. You were catching up to them. Not to mention Germany's advanced Military inventions were all made as a result of socialism.

A small country almost took over the entire earth with socialist principles, and may I remind you that after the world war, those social educated scientists all defected to the USA when their countries could no longer afford to fund their experiments thanks to war ravaging their country.

Oh and go look up where all the vast hoards of European wealth was transferred to after world war II.
 
Southern Man said:
:lol:

Nothing says "kook" better than that.

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Do you think the FBI took down the towers too?
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YES HE DOES!!

How did you know??
 
wiseones2cents said:
Why dont I make you cite all your b.s. claims spread by propoganda machine FOX news(and slanted American education) that you listen to?

The Tupolev Tu-95 was invented before the B-52 bomber. You were catching up to them. Not to mention Germany's advanced Military inventions were all made as a result of socialism.

A small country almost took over the entire earth with socialist principles, and may I remind you that after the world war, those social educated scientists all defected to the USA when their countries could no longer afford to fund their experiments thanks to war ravaging their country.

Oh and go look up where all the vast hoards of European wealth was transferred to after world war II.
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So, socialist is great because its so great at killing people? Nuff said.
 
wiseones2cents said:
Germany's advanced Military inventions were all made as a result of socialism.

A small country almost took over the entire earth with socialist principles, and may I remind you that after the world war, those social educated scientists all defected to the USA when their countries could no longer afford to fund their experiments thanks to war ravaging their country.
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Yes, the Nazis were socialist. Finally a lib-tard admits that. :good4u:
 
wiseones2cents said:
As I have explained? There is no doubt that America gained an advantage after world war II. Though Russia quickly caught up and even surpassed them in many aspects.

Go look up Russian inventions and then go look up America. you will see that most concepts originated in Europe.

Most of the American inventions were actually stolen(or bought) from European Scientists/inventors.

In other words, they were created by someone else first. And then America used its wealth(Acquired from European elites) to expand upon them.
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I think its fair to say that many russian and american military inventions were simply stolen from the Germans... The germans even had designs for a space shuttle type bomber...
 
Mike Mitrosky said:
I think its fair to say that many russian and american military inventions were simply stolen from the Germans... The germans even had designs for a space shuttle type bomber...
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That's because Germans are smart. Just think of what they could do if they were capitalists.
 
Mr. Spite said:
Money that the federal reserve prints does NOT go to the federal government.
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It's SPENT by the federal government.
If the federal government tried to use inflation as a tax (which wouldn't be stealing, BTW, it would be taxation; the government is not a private citizen) it would be a poor tax, because they'd have to raise so much of it it would likely cause an economic catastrophe. Inflation is unwieldy and difficult to control.

Also, the claim about inflation causing "the rich to get richer" is incorrect. Inflation has the effect of evening out everyone's wealth. If money is inflated to the point its worthless, the rich lose more than the poor.
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The rich are always getting access to more and more newer money. The poor are on fixed wages.
 
AssHatZombie said:
It's SPENT by the federal government.


The rich are always getting access to more and more newer money. The poor are on fixed wages.
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Im not sure that spite understands the whole monetization process.. The 'rich' people dont ever lose if the money becomes worthless because theyre the ones who actually hold the physical gold. They buy all kinds of real assets with the phony paper money theyre allowed to create.

sigh.. very depressing when one thinks of the sad state of affairs going on...
 
Mike Mitrosky said:
Im not sure that spite understands the whole monetization process.. The 'rich' people dont ever lose if the money becomes worthless because theyre the ones who actually hold the physical gold. They buy all kinds of real assets with the phony paper money theyre allowed to create.

sigh.. very depressing when one thinks of the sad state of affairs going on...
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Bingo. If the entire economy came crumbling down? They could rebuild it again.

Since they own all the actual real wealth and they purchased it with worthless paper and left the tax payers the bill.

Maybe that is why Ron Paul(who I have been suspicious of) is calling on the Gold Standard to return.....Their fake money racket is coming to an end.

This is after they acquired most of the worlds gold reserves using worthless money.

The rich always maintain their wealth. It is us people that lose our shirts.....

As far as America itself? Basically the emperor with no clothes......

http://news.yahoo.com/s/time/20100509/us_time/09171198760500
 
Southern Man said:
Yes, the Nazis were socialist. Finally a lib-tard admits that. :good4u:
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First of all? I am not liberal and second of all the Nazi's were more fascist than socialist. Though it started out socialist. It had no choice. The international community was isolating them. As a result, it became more and more fascist.
 
Southern Man said:
That's because Germans are smart. Just think of what they could do if they were capitalists.
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We are already witnessing what Germans can do as capitalists. Buy out the wealth of the world using worthless money that is recognized by corrupt leaders world wide.

You know whats funny? For the last few years I was reading about how Germany was in financial troubles just like Greece is(Thanks to capitalism). Now all of a sudden a few years later and they are the ones looking to finance Greece?

Sounds to me like more fake paper money is being printed.(I've also heard the US Fed reserve is getting involved also)

And we all know that the international banking empire originated in Germany, then moved its headquarters to England and now they have headquarters in every major city. Including communist ones.

Yes, making money out of thin air is great for the global economy(note sarcasm). That pretty much define's the global economy.

I think that socialist Greece should sell its sovereignty for fake money.(Fake money that is recognized globally of course) (note more sarcasm).

Not make its own currency that would not be recognized globally although it would have real value as opposed to global currencies which have none.
 
wiseones2cents said:
Bingo. If the entire economy came crumbling down? They could rebuild it again.

Since they own all the actual real wealth and they purchased it with worthless paper and left the tax payers the bill.

Maybe that is why Ron Paul(who I have been suspicious of) is calling on the Gold Standard to return.....Their fake money racket is coming to an end.

This is after they acquired most of the worlds gold reserves using worthless money.

The rich always maintain their wealth. It is us people that lose our shirts.....

As far as America itself? Basically the emperor with no clothes......

http://news.yahoo.com/s/time/20100509/us_time/09171198760500
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returning to a gold or silver money standard wouldnt be the easiest thing to do.. but its doable.. It can be gradually done..

The important thing IMO is that having gold or silver in one's money is the ultimate protector of property rights.

I know quite a few socialists/communists, even far left liberals who will talk about gold having no intrinsic value.. that gold = little pink sea shells as far as theyre concerned, etc..

But the big rich guys dont play that game.. Theyll trade you little pink sea shells for gold all day long. Meanwhile they are acquiring homes, property, gold, etc.. and people are getting thrown out of their homes.
 
Mike Mitrosky said:
returning to a gold or silver money standard wouldnt be the easiest thing to do.. but its doable.. It can be gradually done..

The important thing IMO is that having gold or silver in one's money is the ultimate protector of property rights.
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Listen. The gold/silver standard is also a scam. One? Who audits it to see how much gold there really is? This scam has been used for millenniums.

This is why paper money should be abolished completely. Money should actually be made of gold, silver, copper, nickel, jewel, gems, precious stones ect....(based on actual trade of valuables). Not worthless paper.

This would only be a problem when dealing with large purchases. Which would be settled through legal documentation and deliverance of valuables. As in the old and days, and to a degree still is).

I have 1billion dollars of gold. I make 1billion dollars worth of notes. I employ you and give you notes, but I ALWAYS maintain the true wealth. Your paper is worth something if I say it is. My gold is ALWAYS worth something because gold has ALWAYS been in demand.

Someone robs that gold or moves it elsewhere and your currency becomes useless. It no longer has anything to back it.Unless people think it is valuable.

And the gold owner can set up another economy using the same gold. Next thing you know, you have all this useless money around.

I also do not support a GDP based currency since there is no way of verifying total production accurately. And the fact that many products depreciate in value very quickly if not sold right away.

The problem with today's system is it leaves too many doors open to fraud and corruption. Sure it could work if you put someone honest and incorruptible but what are the odds of this happening?

What have the people in charge of the economic system done today?

Basically whatever it takes to make a buck, no mater how immoral. This is the problem. This is how they increase their wealth and keep the public subdued at the same time.


I know quite a few socialists/communists, even far left liberals who will talk about gold having no intrinsic value.. that gold = little pink sea shells as far as theyre concerned, etc..
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GOLD has been sought after for millenniums by many people. Thus it is valuable. Pink sea shells are not.

But the big rich guys dont play that game.. Theyll trade you little pink sea shells for gold all day long. Meanwhile they are acquiring homes, property, gold, etc.. and people are getting thrown out of their homes.
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EXACTLY!!!
 
Mike Mitrosky said:
theres always enough gold to back a currency. the only thing different is the ratio of how much gold per unit of currency.
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The problem is...... What about America's debt(which is mostly interest being payed to European Elites that make money out of nothing and used it to buy all your real wealth?)

I guess where ever they decided to deposit most of their gold(which was pretty much stolen from everywhere), will have the highest currency. I dont know how much gold that equates for America. Since most of their gold is gone.

That would also increase Canada and Russia's currency because we have a lot of unmined gold.(unless they sell off the land to private owners, which should be illegal, since politicians are not Monarchs and do not own the land. The people do).

I think I will opt for globalization and one world currency. Its the only fair thing to do. Everyone's currency should be equal. Everyone's sweat, be of the same value. This way poor people are not exploited.
 
Southern Man said:
What would you do to increase the money supply, set the price of a dollar at 1 cent of gold?
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I think youd crash money supply if you tried doing that.. right now a dollar is less than 1/10 of one percent of an ounce of gold. (if thats what you meant by your post.. it was a bit cryptic)

The easier way to do it would probably be to have a competing currency, backed by gold or silver.. that way prices would freely float from one currency to another.. and as far as people like me are concerned it would allow me to save my money in an inflation proof vehicle, outside the power of the corrupt banksters who want to print the currency into oblivion.
 
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