DebuteMachine said:

Solidarity? Dude, wtf? Why does Europe have to have solidarity? What makes the US, Canada, Australia, and whatever other example you can throw out there exempt?

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Quote:

Why not use a digital global currency?

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qman said:

Koraks, How would you feel if the Chinese who hold trillions of US bonds say one day , we want you to hikes taxes 50% from current levels, end all entitlements programs, and enslave the US people so they can make the debt payments.

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Jessica Swift said:

It's interesting to me that many are here debating the financial condition of Greece without possibly considering that it may be the idea of money itself that is problematic and thus being socially re-defined, and as such we are witnessing turmoil in so many different economies as a reflection of this.

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Jessica Swift said:

It's interesting to me that many are here debating the financial condition of Greece without possibly considering that it may be the idea of money itself that is problematic and thus being socially re-defined, and as such we are witnessing turmoil in so many different economies as a reflection of this.

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i agree, jessica.

The way i look at it tho is like this; Yea its all a scheme but as long as everyone has agreed on its value, money still serves a purpose. Since its still "worth something" i say we save, buy precious metals and let our kids worry about what happens when people realize paper money isnt really worth anything at all.

Or to put it another way; i dont think people are going to abandon the current system until they are presented with a better more viable option. This is how we make our living and as long as we all accept the value of thangs will be "ok" in the short term.


I prefer using gold and silver coins over paper or "digital" money.

The world economy is a complex system that im not even going to pretend to understand but this is how i feel about what you said. I think paper money(promissary notes) is the problem tho and not money itself.

If you could explain why money, in general, is problematic i would love to learn.

Wiccan_Seeker said:

qman said:

Koraks, How would you feel if the Chinese who hold trillions of US bonds say one day , we want you to hikes taxes 50% from current levels, end all entitlements programs, and enslave the US people so they can make the debt payments.

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He's Dutch, my guess is he;ll roll a fatty and watch you guys get owned while planning his next investment move.

*lends Koraks a rolling paper*

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You read my mind

Apart from that:

qman said:

Koraks, How would you feel if the Chinese who hold trillions of US bonds say one day , we want you to hikes taxes 50% from current levels, end all entitlements programs, and enslave the US people so they can make the debt payments.

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Nobody is enslaving the Greek. The rest of Europe is just pointing out to them that if they want to be enjoying the financial security of being part of the EMU in the future and a healthy economy in general, they better start restructuring their economy and become more productive.

Hologram said:

Jessica Swift said:

It's interesting to me that many are here debating the financial condition of Greece without possibly considering that it may be the idea of money itself that is problematic and thus being socially re-defined, and as such we are witnessing turmoil in so many different economies as a reflection of this.

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i agree, jessica.

The way i look at it tho is like this; Yea its all a scheme but as long as everyone has agreed on its value, money still serves a purpose. Since its still "worth something" i say we save, buy precious metals and let our kids worry about what happens when people realize paper money isnt really worth anything at all.

Or to put it another way; i dont think people are going to abandon the current system until they are presented with a better more viable option. This is how we make our living and as long as we all accept the value of thangs will be "ok" in the short term.


I prefer using gold and silver coins over paper or "digital" money.

The world economy is a complex system that im not even going to pretend to understand but this is how i feel about what you said. I think paper money(promissary notes) is the problem tho and not money itself.

If you could explain why money, in general, is problematic i would love to learn.

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koraks said:

Nobody is enslaving the Greek. The rest of Europe is just pointing out to them that if they want to be enjoying the financial security of being part of the EMU in the future and a healthy economy in general, they better start restructuring their economy and become more productive.

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koraks said:

Those who prefer gold and silver to currency might ask themselves what the value of precious metals is based on. That's right: a convention. Just like your 'worthless' paper currency.

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koraks said:

Those who prefer gold and silver to currency might ask themselves what the value of precious metals is based on. That's right: a convention. Just like your 'worthless' paper currency.

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qman said:

Koraks, How would you feel if the Chinese who hold trillions of US bonds say one day , we want you to hikes taxes 50% from current levels, end all entitlements programs, and enslave the US people so they can make the debt payments.

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koraks said:

Those who prefer gold and silver to currency might ask themselves what the value of precious metals is based on. That's right: a convention. Just like your 'worthless' paper currency.

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