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 FellowGrower
Fungal Freedom Fighter
Registered: 05/25/07
Posts: 1,615
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 Lets talk about money...you wanna talk about money? lets do it 
#10814327 - 08/06/09 11:25 PM (3 years, 9 months ago) |
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Money, is fuckin DEBT okay? there IS no money. Its all credit/debit theres no such thing as "Cash" ITS FIAT!
...those lil green peices of paper, are backed by NOTHING! they're DEBT NOTES, meaning they are owed TO sombody BY sombody! Okay? There's not enough money in the money supply to pay back all the loans,
(not even the principle) much less the principal PLUS the INTREST!
so we're all just running around workin our ass off trying to pull enough money out of the money supply to avoid bankrupsy and foreclosure...
It doesn't take a guiness to figure out that our current "Money" has no intrinsic value, and all this NEW BAILOUT MONEY is going to COLLAPSE the dollar!
so, my advice is, don't buy gold, BUY BULLETS'  b/c when the shit hits the fan and people take to the streets (as has happened countless times when a currency collapses throughout history)
...The only thing that's gonna matter is how big your gun is, and how many BULLETS you have for it!
(But don't listen to me, I'm a dumbtard) Keep "Saving" your money, and thinking "It'll all be okay" "Obama's gonna fix it!" right?  Watch all parts of this ENTIRE MOVIE! (all 19 parts)
Then, you might understand...(depending on how think your skull is)
WAKE UP! ...the time to "Do something" is apon us!
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 psycho4ctive
Banned by FDA
Registered: 05/22/09
Posts: 1,530
Loc: Melbourne 
Last seen: 1 hour, 31 minutes
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 Re: Lets talk about money...you wanna talk about money? lets do it [Re: FellowGrower]
#10815724 - 08/07/09 03:44 AM (3 years, 9 months ago) |
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America prints as much money as they bloody well please, that money is worthless, they push it to other countries (landing at interest) and make themselves look like the good guys. The US Federal reserve is a PRIVATE company, meaning they do as they please when it comes to printing money.
A long time ago, every US dollar was backed up by gold in weight, now its backed up by jack shit.
In the end, as long as the America economy is doing FINE nothing else matters. I hope China chooses euros as their currency soon...
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To fathom hell or soar angelic, just take a pinch of psychedelic
Psilocybe subaeruginosa experiences: 2.7 grams dry at music festivals.
10.5 grams dry at home (complete ego death). Next stage: 15 grams dry at home. 
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Descartes
Wittgensteinian
Registered: 06/27/09
Posts: 69
Loc: somewhere pleasant
Last seen: 3 years, 3 months
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Re: Lets talk about money...you wanna talk about money? lets do it [Re: FellowGrower]
#10815732 - 08/07/09 03:47 AM (3 years, 9 months ago) |
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I would like to make two statements before writing a general reply.
Statement 1.) You do not work for nor understand our currency system. You may be absolutely correct, but have no foundation, and ignorance is dangerous.
Statement 2.) You should cross check some sources before believing everything the movie "Zeitgeist Addendum" has to offer. Believing in a radical opposite is just as ridiculous as blindly following a straight edged belief.
And not the statement :
You live in a country in with an extremely high standard of living. The poorest man in the United States can wash his face with clean water everyday at no charge. If you would like to analyze the foundations of OTHER currency systems, i think it would give you perspective.
The world is a totality of FACTS, and not of THINGS.
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The world is a totality of facts, not of things.
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FellowGrower
Fungal Freedom Fighter
Registered: 05/25/07
Posts: 1,615
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Re: Lets talk about money...you wanna talk about money? lets do it [Re: Descartes]
#10822911 - 08/08/09 03:53 PM (3 years, 9 months ago) |
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Log in to view attachment
Hmmmm. you say that I don't "Understand our currency system" as if to say that it is "More complicated" than that movie suggest...?
I HAVE REASEARCHED IT ! its called "Modern Money Mechanics" here, I'll even upload it for you (so you can see) ITS REAL! ...It REALLY IS THAT fuctdup!...
Like I said: "Don't listen to me< I'm a dumbtard." LOOK INTO IT!
SEE FOR YOURSELF! SORRY I TALK IN ALL CAPS ALOT!! lol.
IT DOESN'T MEAN IM YELLING!!!
As far as the attachment goes; I have no idea about the "Licensing" I don't even remember where I got it?? so, I appoligize if its not considered "In the public domain" I downloaded it free from somewhere? (I DO know that!)
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ChuangTzu
starvingphysicist
Registered: 09/04/02
Posts: 2,942
Last seen: 4 hours, 58 minutes
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Re: Lets talk about money...you wanna talk about money? lets do it [Re: FellowGrower]
#10828103 - 08/09/09 04:35 PM (3 years, 9 months ago) |
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You seem to think that an excess of punctuation, capitalization, and typefaces somehow makes up for a lack of logical position of any kind.
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FellowGrower
Fungal Freedom Fighter
Registered: 05/25/07
Posts: 1,615
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Re: Lets talk about money...you wanna talk about money? lets do it [Re: ChuangTzu]
#10828438 - 08/09/09 05:49 PM (3 years, 9 months ago) |
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a lack of logical position??? 
Logical? Position? what are you refering to?[url=bet you havn't watched this...[/url]
(kuz thats what i'm basing my "Position" on)
so heres an idea, watch that, (the entire thing)(no cheating)
and then come here, and tell me YOUR position, and tell me "The Logistics" behind it, (as I have just done) then, i'll accept what you just said as a "valid" statement...
K?
(see? ...no punctuation, capitalization, or typefaces to hide behind...)(but you STILL won't wake up)(so whats the point?)
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Stonehenge
enthusiast
Registered: 06/20/04
Posts: 3,778
Loc: S.E.
Last seen: 5 hours, 17 minutes
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Re: Lets talk about money...you wanna talk about money? lets do it [Re: FellowGrower]
#10829252 - 08/09/09 08:29 PM (3 years, 9 months ago) |
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It is true that our money is fiat money but so is all money, far as i know. The brittish pound is back by the full faith and credit of the brittish system, the german mark, etc etc. Governments rarely go under and i doubt the dollar will become worthless any time. What is likely to happen is massive inflation from the obama spend thrift strategy. You can not spend yourself out of poverty, it has never been done but that's what they are trying to do.
Buy gold or silver and you have something.
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“A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship.” (attributed to Alexis de Tocqueville political philosopher Circa 1835)
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FellowGrower
Fungal Freedom Fighter
Registered: 05/25/07
Posts: 1,615
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Re: Lets talk about money...you wanna talk about money? lets do it [Re: Stonehenge]
#10829604 - 08/09/09 09:30 PM (3 years, 9 months ago) |
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Did you watch that video? (you might want to)(before you act like you know what you're talking about)
-just sayin- 
You buy all the gold and silver, that way, I'll know where it is when I come loot your house when we take to the streets...
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Grok
Has Been a Bad Boy
Registered: 12/04/03
Posts: 1,262
Loc: Greener Pastures 
Last seen: 1 year, 1 month
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Re: Lets talk about money...you wanna talk about money? lets do it [Re: Stonehenge]
#10830443 - 08/10/09 12:06 AM (3 years, 9 months ago) |
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The OP's first post was entertaining, but really now...
Quote:
The US Federal reserve is a PRIVATE company, meaning they do as they please when it comes to printing money.
This is bullshit, and it gets repeated a lot. The Fed was established through an act of Congress in 1913. It's independent from the rest of the government, in that they cannot force any decisions on it, unless they choose to abolish it's independence. For a complex web of political and economic reasons, that is unlikely to happen.
The chairman of the Fed is government appointed. I believe the Board of Governors is as well. Now the Presidents of the 13 (12? 13?) 'branch' federal reserves are appointed by the commercial banks they serve. This makes sense...this way they're keen on the issues facing their local banks.
They have the authority to "do whatever they want w/ printing money"...but you have to realize that it really isn't in their interest to fuel inflation, especially if you believe that the Fed is part of some massive global conspiracy to steal everyone's money. Printing money, which usually will result in inflation, ruins accumulated wealth -- which is what the "banking elite" are after no? Why would they do that?
BTW Gold-backed currencies are far from a perfect system. People think it's the magic solution to the "worthless fiat" issue when in fact gold really doesn't have much intrinsic worth either. It's valuable for jewelry, circuitry, and it lasts for a long time...but you still can't eat it, and it won't keep you warm. It's only worth what someone will exchange for it, just like fiat; it has no absolute, objective value. "Gold inflation" used to be a problem as well, whenever large new sources were found. Plus, without being able to expand and contract the money supply, there will be bank panics and widespread financial crises.
i.e., the "international banking elite" conspiracies are bullshit.
If you're interested in learning about the Fed, read "Secrets of the Temple" by William Greider. You'll actually have something intelligent to say about the whole monetary system, and won't need to resort to regurgitating Alex Jones's fear-mongering bullshit.
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Entropy is increasing.
To send me a PM, go to my journal
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johnm214
Registered: 05/31/07
Posts: 16,578
Loc: Americas
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Re: Lets talk about money...you wanna talk about money? lets do it [Re: FellowGrower]
#10830829 - 08/10/09 01:06 AM (3 years, 9 months ago) |
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It seems you fail to understand the difference between wealth or value and cash, and it seems this has led you to believe some unfounded things.
What happens if the value of the money drops by a few percent a year?
What happens if the amount of wealth increases year over year?
Couldn't the obligations you refer to be payed back in such a situation? Wouldn't this mean there isn't neccesarily disaster looming?
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dopestats
DopeStats Admin
Registered: 02/23/09
Posts: 28
Last seen: 3 years, 4 months
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Re: Lets talk about money...you wanna talk about money? lets do it [Re: FellowGrower]
#10831158 - 08/10/09 02:04 AM (3 years, 9 months ago) |
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Quote:
FellowGrower said:
Money, is fuckin DEBT okay? there IS no money. Its all credit/debit theres no such thing as "Cash" ITS FIAT!
...those lil green peices of paper, are backed by NOTHING! they're DEBT NOTES, meaning they are owed TO sombody BY sombody! Okay? There's not enough money in the money supply to pay back all the loans,
(not even the principle) much less the principal PLUS the INTREST!
so we're all just running around workin our ass off trying to pull enough money out of the money supply to avoid bankrupsy and foreclosure...
It doesn't take a guiness to figure out that our current "Money" has no intrinsic value, and all this NEW BAILOUT MONEY is going to COLLAPSE the dollar!
(But don't listen to me, I'm a dumbtard) Keep "Saving" your money, and thinking "It'll all be okay" "Obama's gonna fix it!" right? Watch all parts of this ENTIRE MOVIE! (all 19 parts)
Then, you might understand...(depending on how think your skull is)
WAKE UP! ...the time to "Do something" is apon us!
Ahh.. I love it when people over-complicate the simplest things. I'll try to explain the best way I can:
Money = Goods and Services. Period.
If I were an alien coming to earth from outer space, yes, money has no value to me. But then I would learn that these little pieces of paper represent an exchange of goods and/or services with the people of earth. Obviously the value will be different to different people. How would the earthlings value my alien goods and services? Knowing this, one can automatically tell that stocking up on loads of money is probably not a good idea since its value might change. I might have to exchange some money quickly for a blowjob, a house, or maybe something that I find worthwhile, like helping those in need (since what may seem like little to me may be lots to some). See the point? Yes there's debt associated with money, we totally agree there. But that just means someone is owed goods and/or services. That is the so called "intrinsic" value of money. Notice the quotes..
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Edited by dopestats (08/10/09 02:07 AM)
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Silversoul
Holon
Registered: 01/01/05
Posts: 22,562
Loc: Mostly harmless
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Re: Lets talk about money...you wanna talk about money? lets do it [Re: FellowGrower]
#10831181 - 08/10/09 02:10 AM (3 years, 9 months ago) |
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I love when some stoned teenager watches a conspiracy film on YouTube and suddenly thinks they're an expert on economics.
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FellowGrower
Fungal Freedom Fighter
Registered: 05/25/07
Posts: 1,615
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Re: Lets talk about money...you wanna talk about money? lets do it [Re: Silversoul]
#10831714 - 08/10/09 07:03 AM (3 years, 9 months ago) |
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...
I would sit here and defend my position, but you people obviously have not watched the movie I posted, nor read the attachment, (and have obviously made up your mind) (despite the facts)
So? whats the point? I refuse to have a "Battle of wits" with an unarmed person...
...
I'd be happy to look over any movies, OR Documents, (official)
...(and PLEASE DO post them, b/c I WANT to believe you)
but without em, you're just TALKING! (out of your  )
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Stonehenge
enthusiast
Registered: 06/20/04
Posts: 3,778
Loc: S.E.
Last seen: 5 hours, 17 minutes
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Re: Lets talk about money...you wanna talk about money? lets do it [Re: FellowGrower]
#10832293 - 08/10/09 12:13 PM (3 years, 9 months ago) |
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Quote:
I love when some stoned teenager watches a conspiracy film on YouTube and suddenly thinks they're an expert on economics.
LOL!
Gold does have intrinsic value. It and platinum are almost impossible to corrode and only a certain combination of powerful acids can dissolve it. Gold inflation is highly unlikely to happen because the available gold in the world is getting more and more expensive to mine and refine. You can't eat it but neither can you eat real estate or a car. I'll take gold over fiat money any day.
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“A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship.” (attributed to Alexis de Tocqueville political philosopher Circa 1835)
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dopestats
DopeStats Admin
Registered: 02/23/09
Posts: 28
Last seen: 3 years, 4 months
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Re: Lets talk about money...you wanna talk about money? lets do it [Re: Silversoul]
#10832468 - 08/10/09 01:03 PM (3 years, 9 months ago) |
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Actually, I watched 2/3 of the video and then I started watching THE FREEDOM MOVIE (2009) BY STOPTHEROBBERY...
I watched all the way through part 11 of 19 of the second movie. They both were very informational (and I'm finishing the second today), with many facts, and different point of views when it comes to events that people all just assume happened one way because the media said so. I'm glad you posted them. I also hope you don't live by this and are always questioning what you know.
I just have a hard time believing that they (the small group of the elite) will have total control. No one ever has total control because they are not us, and we can always choose our lifestyle (growing our own, believing what we want). Even if the probability of that being reality was greater than 99%, the ENTIRE WORLD consists of people, who 1) are imperfect, and 2) Can take actions at any time. Truth be told, many people do live in their own circles, with their minds set to thinking one way. A good example of circles and bubbles is the college experience. In college you experience a lot of learning and theory, without much real world experience sometimes (which is ok). But at least the college student's mind is opened to lots of learning and questioning because 1) hopefully they chose a career that interests them, and 2) It's probably the first time they left the house and became somewhat independent. But that doesn't mean those trying to take control aren't also in their own little bubbles.. Even if you do control the value of money, there will always exist bartering (which is what the alien in my example would first go through with us)
The first video was dead on about the real estate markets. I'm glad all the stupid people that thought just because they buy a house (through mortgaging), it will appreciate went through that experience. That is just dumb ass thinking. I've yet to buy my first house, but when the time comes, you can bet I will not be thinking with that type of irrational logic. I am a Computer Scientist. We are taught about algorithms (doing things) and maximizing the situation, and in the case of purchasing or leasing a house, you must always consider the quality vs. quantity relationship. Quantity being how much of the house will actually be yours (and it's worth today and X years from now), and quality being how comfortable you and you're family are living there.
Let the real estate agents or anyone tell me "You're losing money..." because I didn't buy the house. I will laugh in their face, smoke a joint, analyze the state of our economy at the time and other markets, then make my decision (because sometimes you do stand to make money and live comfortably). The reason why housing values fluctuate is because of the way housing relates to everything else:
1) Houses cost money (which the value of changes frequently due to inflation, bad economic times, or even a new currency)
2) Location, location, location
And then there are the stock market people.. Wow, I'm a kid still (or at least I consider myself one) and let me tell you, this group of people involved in the stock markets, the investors, are the wealthiest and laziest group of any type of people. They are the LEDs of today (least amount of watts per lumens output) in that they do the least amount of work to see the most returns. Sure, invest and see the amazing returns, then invest again because it's so easy right? NO! Two words: Bernie Madoff. Didn't your parents teach you to work hard for what you want, or did you (the investors) forget that already? You are not doing anything really. You (the investor) are just someone else's wallet. When are you going to go back to learning and doing things yourself? Go back to college is what I would say to these people, and stop acting all pretentious because you have lots of money for so little work. Their income is solely defined in terms of how well others are doing in their business ventures. Unless you are on the board of directors, or an employee of the business, you are not doing anything real except for your homework about the investment. First you work and learn responsibility and the value of things, then you become the owner and get other investors, but just investing all the time is not really doing anything but helping others in their ventures. Why are you on earth? If everyone was investing all the time, where are all the people coming up with the actual businesses?
... Business can prosper even without investors. That's called high demand. Even if I myself don't have the funds to make it prosper, if everyone in the U.S truthfully took the surveys on DopeStats once, we would have a picture of current macroeconomic black market (and white) drug transactions that wasn't there before. Would I allow anyone to invest in DopeStats? No, because that may well represent a breach in intellectual property protection.
The value of money is still there, even if our neurons are programmed to fire differently because of stuff that we eat. Or even if the dollar bill just saids "legal tender" instead of "backed by gold". Or even if the dollar becomes the Amero. It represents an agreement between two or more parties of an exchange of goods and/or services, or just a gift. Like I said, bartering
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Edited by dopestats (08/10/09 01:36 PM)
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FellowGrower
Fungal Freedom Fighter
Registered: 05/25/07
Posts: 1,615
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Re: Lets talk about money...you wanna talk about money? lets do it [Re: dopestats]
#10835934 - 08/10/09 11:14 PM (3 years, 9 months ago) |
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I wanna test these people that act like they know what their talking about... Here we go..
1.TRUE | FALSE - Money “In usual and ordinary acceptation it means gold, silver, or paper money used as circulating medium of exchange, and does not embrace notes, bonds, evidences of debt, or other personal or real estate. Lane v. Railey, 133 S.W. 2d, 74, 79, 81.
2.1.TRUE | FALSE - No financial institution can demand payment in any particular kind of currency, and that a borrower has the right to repay a loan in the same specie of currency used as a deposit to fund a loan check from a financial institution/alleged lender. House Joint Resolution 192 of June 5th, 1933 A.D.
oooooouuu! AND its cited! WHAT? WHAT NOW? ...LOOK IT UP!
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dopestats
DopeStats Admin
Registered: 02/23/09
Posts: 28
Last seen: 3 years, 4 months
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Re: Lets talk about money...you wanna talk about money? lets do it [Re: FellowGrower]
#10837334 - 08/11/09 03:28 AM (3 years, 9 months ago) |
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I'm not trying to act like I know it all. One of my points was to question what you know. Everything I wrote should be common sense. I was explaining the theory behind printing money that has no intrinsic value. If something doesn't make sense, please quote me. I also understand that theory is sometimes very different from reality, but when it comes to money and people, the masses will not accept the statement you made talking about "there IS no money". In their point of view, they exchange money on a daily basis for goods and services. And lastly, why did you cite your data if you were meaning to test our knowledge?
--------------------
Mushroom prices
Lookup or submit prices for over 300 substances across 3,140 U.S counties. All anonymous!
Mushroom statistics
Edited by dopestats (08/11/09 03:30 AM)
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FellowGrower
Fungal Freedom Fighter
Registered: 05/25/07
Posts: 1,615
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Re: Lets talk about money...you wanna talk about money? lets do it [Re: dopestats]
#10837884 - 08/11/09 07:22 AM (3 years, 9 months ago) |
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I wasn't talking to YOU, I was talking to whoever called me "A teenager that thinks he knows bla bla"
Yeah, what you said made sense.
What I mean by "There IS no money" is that, there is no money that can't be SUCKED out your ass thru taxation and INFLATION.
(in other words)...There is no "Safe store of wealth" Sure, you have X number in a bank, but, what dif. does it make when the value of the dollar drops?
Study what happened in Argentina, Or Germany, or ANY of the past empires that tried to use fiat currency...
Eventually, inflation turns to Hyperinflation,
next thing you know, nobody is accepting the dollar for payment... next thing you know, niggas hit the street like
Thats why I say... Don't buy gold buy BULLETS, b/c an econommic crash 10x worse than the great depression IS COMING! (to a country near you)
So, don't be stupid. learn from the past, and prepare while you still can...
But thats 
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Silversoul
Holon
Registered: 01/01/05
Posts: 22,562
Loc: Mostly harmless
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Re: Lets talk about money...you wanna talk about money? lets do it [Re: FellowGrower]
#10838862 - 08/11/09 01:07 PM (3 years, 9 months ago) |
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Quote:
FellowGrower said:
What I mean by "There IS no money" is that, there is no money that can't be SUCKED out your ass thru taxation and INFLATION.
So what you're saying is that if something can fluctuate in value, that it doesn't exist? I guess my house must not exist either.
Quote:
(in other words)...There is no "Safe store of wealth" Sure, you have X number in a bank, but, what dif. does it make when the value of the dollar drops?
It makes a very positive difference to those who are in debt. In any case, if you have more money than you need to currently get by, it shouldn't be in a bank. It should be invested. Money is only good as an investment when there's deflation, of which there is a serious risk right now.
Quote:
Study what happened in Argentina, Or Germany, or ANY of the past empires that tried to use fiat currency...
I have. And I've also studied the disaster that happened to America in the 1930's under the gold standard. Fiat vs. Gold has nothing to do with it. Fiat currency helped create America, and it helped us win the Civil War.
Quote:
Eventually, inflation turns to Hyperinflation,
next thing you know, nobody is accepting the dollar for payment... next thing you know, niggas hit the street like
Uh...no. Hyperinflation is extremely rare, and usually happens through some external force, such as the Versailles treaty. Considering our current debt-to-GDP ratio, I'd say we're at much higher risk of deflation, but we probably won't get it because Bernanke is such a deflation hawk.
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FellowGrower
Fungal Freedom Fighter
Registered: 05/25/07
Posts: 1,615
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Re: Lets talk about money...you wanna talk about money? lets do it [Re: Silversoul]
#10839803 - 08/11/09 04:05 PM (3 years, 9 months ago) |
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...well let me ask you this... What is it that is giving our money "VALUE"? Okay. Take that answer, and remove it from the equation... what are you left with?
...are you really that niaeve as to say that that will never, or cannot be removed from the equation???
When the govt can't pay the cops, and I come kick your door in, what would you rather have? Investments? or Bullets?
The choice is clear to me... but, Thats just me... I think we might have to agree to disagree on this. (as long as the assumption is that I'M RIGHT!(lol)
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