|
 AkhenAton
Stranger
Registered: 08/09/11
Posts: 128
Last seen: 1 year, 7 months
|
 Re: It was all a lie.  [Re: meams]
#14938732 - 08/17/11 08:15 PM (1 year, 8 months ago) |
|
|
Quote:
meams said:
Yeah. The links to your posts. Your posts were formatted terrible, were near-unreadable. DieCommie is right. YOu're a week into your stay here and already being written off by the resident MoneyMembers as rediculous.
okay can u please be more specific about what is formatted terribly? Show me? what is unreadable? Can we talk substance. What about what I am saying is false or untrue? I would be willing to challenge whoever on the facts and the facts alone? Please show me where I am wrong? This is sad really. I thought that folks here were about serious business but now its starting to become apparent that maybe that isn't the case. I am open though, please show me where I am incorrect. We can analyze each part piece by piece in depth if you would like...
Edited by AkhenAton (08/17/11 08:18 PM)
|
Yrat
Hello
Registered: 11/08/07
Posts: 2,030
Last seen: 1 day, 14 hours
|
Re: It was all a lie. [Re: meams]
#14938757 - 08/17/11 08:23 PM (1 year, 8 months ago) |
|
|
Quote:
meams said:
Quote:
DieCommie said:
If you want to see somebody challenge it, then you have to word it such that it doesn't go over many heads.
We understand it just fine, he just failed to address anything Silversoul had just said -- that Gold supplies are insufficient and thus require a government valuation regardless. A valuation that is just as susceptable to manipulation as any paper fiat currency.
and what i'm saying is forget about govt valuation, allow the market to determine that, as it did for thousands of years w/o various govt control. "money" is not meant to be determined by any single entity. far too much power/control in that, far too much potential for corruption, as has taken hold in our system today.
if the market settled on fiat in the absence of any govt decree, i would be perfectly OK with that, as the markets would have spoken. to do anything else is nothing but market manipulation, complete with all the problems that follow.
--------------------
"There are a thousand hacking at the branches of evil
to one who is striking at the root."
-Henry David Thoreau
Strike The Root
|
 meams
Blessed
Registered: 01/11/05
Posts: 17,336
Loc: In a Tree
|
Re: It was all a lie. [Re: AkhenAton]
#14938821 - 08/17/11 08:39 PM (1 year, 8 months ago) |
|
|
Quote:
AkhenAton said:
okay can u please be more specific about what is formatted terribly? Show me? what is unreadable?
Are we looking at the same two posts? Do you see them? How is that confusing to you? Rediculous.
|
AkhenAton
Stranger
Registered: 08/09/11
Posts: 128
Last seen: 1 year, 7 months
|
Re: It was all a lie. [Re: meams]
#14938837 - 08/17/11 08:42 PM (1 year, 8 months ago) |
|
|
Quote:
AkhenAton said:
Quote:
Silversoul said:
What gets me is that goldbugs talk about how the gold standard is so ancient, but the kind of gold standard most of them have in mind has never actually existed. There has never been a system where there was enough gold to back every paper dollar in circulation. They had to use fractional reserve lending in order to meet the demand for money. And even when gold coins were used, that system relied on seignorage. The value stamped on the coin had to be greater than the commodity value of the metal on which it was stamped, or else people would just melt it down for the commodity value(of course, coin clipping was still a frequent problem). All of these systems involved a government mandate(or "fiat" if you will) associated with the value of gold, whether it was the convertibility of dollars to gold, or the value stamped on the coins.
No fractional reserve lending is being utilized because there is a national debt and a tab on a double entry ledger and since all property is in receivership, you can only be granted legal tender as trust funds granted by the creditors choice that only discharge liability. You cannot have gold because gold is for those in freehold estates where there is no national debt. fractional reserve units represent stock, as since there is a national debt, your only business is receivership. Now watch as that goes over many heads. But I would love to see someone challenge me on it..
Quote:
Silversoul said:
What gets me is that goldbugs talk about how the gold standard is so ancient, but the kind of gold standard most of them have in mind has never actually existed. There has never been a system where there was enough gold to back every paper dollar in circulation. They had to use fractional reserve lending in order to meet the demand for money. And even when gold coins were used, that system relied on seignorage. The value stamped on the coin had to be greater than the commodity value of the metal on which it was stamped, or else people would just melt it down for the commodity value(of course, coin clipping was still a frequent problem). All of these systems involved a government mandate(or "fiat" if you will) associated with the value of gold, whether it was the convertibility of dollars to gold, or the value stamped on the coins.
Quote:
meams said:
AkhenAton I think you utterly failed to grasp what Silversoul just said (and what he said is 100% true)
You do realize fractional reserve lending only exists in the places that it does because of the fact that you are borrowing money on a tab and its by decree by the real creditors? When china supposedly is the creditor, they are another trustee of the central banking system because they are in receivership also. Banking has been centralized. There isn't any gold is because its been appropriated by the IMF formerly known as the reconstruction bank.
The people did not choose this system it was so by force, so please stop talking about it as if its a convenience of some kind.
|
AkhenAton
Stranger
Registered: 08/09/11
Posts: 128
Last seen: 1 year, 7 months
|
 Re: It was all a lie. [Re: meams]
#14938856 - 08/17/11 08:46 PM (1 year, 8 months ago) |
|
|
Quote:
meams said:
Quote:
AkhenAton said:
okay can u please be more specific about what is formatted terribly? Show me? what is unreadable?
Are we looking at the same two posts? Do you see them? How is that confusing to you? Rediculous.
What posts? Oh you are talking about this:
Depends on what 'information' you generate. If its a hoard of more bullshit, then I'll promptly take my leave. I'm not here to entertain the ramblings of week-old members. I've seen your posts - they look like shit. For example:
http://www.shroomery.org/forums/showflat.php/Number/14936088#14936088
http://www.shroomery.org/forums/showflat.php/Number/14936092#14936092
I hope you do better this time. Because otherwise you'll quickly & simply be put on nignore, to no distress on my end
Do you know what the question was and why I posted the links? Someone asked if the Treasury of the United States and the Federal Reserve were corporations and I said yes. The links were to dun and bradstreet and I simply copied and pasted it straight from the website, so if you find it hard to read take that up with DNB. Now that the childish game is over, can someone please prove me wrong anything of which I have said? Can we talk about substance of what is being said and not something as sad as I couldnt read it so its shit kind of thing. Ridiculous back at u
Edited by AkhenAton (08/17/11 08:47 PM)
|
meams
Blessed
Registered: 01/11/05
Posts: 17,336
Loc: In a Tree
|
Re: It was all a lie. [Re: AkhenAton]
#14938865 - 08/17/11 08:49 PM (1 year, 8 months ago) |
|
|
bye.
|
meams
Blessed
Registered: 01/11/05
Posts: 17,336
Loc: In a Tree
|
Re: It was all a lie. [Re: meams]
#14938867 - 08/17/11 08:49 PM (1 year, 8 months ago) |
|
|
|
AkhenAton
Stranger
Registered: 08/09/11
Posts: 128
Last seen: 1 year, 7 months
|
Re: It was all a lie. [Re: meams]
#14938879 - 08/17/11 08:52 PM (1 year, 8 months ago) |
|
|
Quote:
meams said:
bye.
Why run? I am waiting on you? Don't want play aww...LMAO.. Good luck to ya
Edited by AkhenAton (08/17/11 08:53 PM)
|
meams
Blessed
Registered: 01/11/05
Posts: 17,336
Loc: In a Tree
|
Re: It was all a lie. [Re: AkhenAton]
#14938965 - 08/17/11 09:18 PM (1 year, 8 months ago) |
|
|
I've got well over a thousand posts in Money Matters. I'm always game to play. But I have to make sure my opponent is worth having a conversation with. I've deemed you: not.
|
AkhenAton
Stranger
Registered: 08/09/11
Posts: 128
Last seen: 1 year, 7 months
|
Re: It was all a lie. [Re: meams]
#14939512 - 08/17/11 11:22 PM (1 year, 8 months ago) |
|
|
Quote:
meams said:
I've got well over a thousand posts in Money Matters. I'm always game to play. But I have to make sure my opponent is worth having a conversation with. I've deemed you: not.
so u back down then. I am available and ready to make wagers...i'm just waiting on you to prove my errors, otherwise they remain true...
Edited by AkhenAton (08/17/11 11:26 PM)
|
meams
Blessed
Registered: 01/11/05
Posts: 17,336
Loc: In a Tree
|
Re: It was all a lie. [Re: AkhenAton]
#14939632 - 08/17/11 11:44 PM (1 year, 8 months ago) |
|
|
Yep. You win the internet. Make your acceptance speech in legalese.
|
AkhenAton
Stranger
Registered: 08/09/11
Posts: 128
Last seen: 1 year, 7 months
|
Re: It was all a lie. [Re: meams]
#14941089 - 08/18/11 08:37 AM (1 year, 8 months ago) |
|
|
Quote:
meams said:
Yep. You win the internet. Make your acceptance speech in legalese.
Naw I would rather not win anything, unless there is a cash prize. I see your point. Can we discuss what is going on in the world now that you see I can pee farther than you? I would help you understand the legalese. I am sure you have information that would be helpful to me. Hey i want peace...
|
|
Images only 
Threaded
Previous
Index
Next
Edit 
Reply 
