--- Jim Davidson <[EMAIL PROTECTED]> wrote:
>
> We actually have an example of such an economy.
> Consider the Byzantine empire, from 450 to 1453 AD.
> The entire economy was based on the gold solidus
> coin. As a result, Byzantium traded with every
> country in the known w
Joel Otinwa has a lot going for him. He is an undeniable expert in
options trading. I followed his August recommendations, cashed them out
in September and netted approximately 650% on my money. While atypical, I
have not seen a net negative month of Joel's system since I first started
tracking
These features could be easily implemented using existing technology -- I
do not know because I do not use credit cards, but it is hard to imagine
that there are not at least some providers out there who do not offer a
form of 'block' service for certain types of transactions.
Smart cards are a su
Dear Patrick,
>Why stop at 10%? Crank it up to 20%
>> He is not creating any value...
> Other people are creating the value.
Really?! Why should they create value if you don't. You tell Danny not to
stop at 10% inflation, yet you want *other* people to create value. And you
talk about slavery
" ... quite a few people I know who have gold have invested it in The Gold
Casino. PVCSE is based entirely on the notion that people are prepared to
use gold to buy stocks. GoldBarter.com is based on the concept of
exchanging
gold for other things of value. Many auctions on eBay are available with
Dear Jim,
> The supply of gold grows. What do you think gold mining companies are
doing?
I agree, but there is one catch: the gold does not belong to the people. So,
the welth of those who mine the gold and of those who own the land increases
with 2% per year, not of a country.
Best regards,
G
> > In other words, this 'only gold' economy always functions with the
> > brakes
> > on.
>
> Yes, the computer industry is certainly functioning with the brakes on,
> isn't it? My goodness, the amount of computing power you can get for
> the money is doubling every year, so people tend to postpon
> > An economy where only gold is used as money, would have
> > some problems.
>
> We actually have an example of such an economy.
> Consider the Byzantine empire, from 450 to 1453 AD.
> The entire economy was based on the gold solidus
> coin. As a result, Byzantium traded with every
> country in
Hello,
Next to the word definitely, the most annoying misspelling I frequently
observe on-line is "loose" for the word lose. Will you fucking "loosers"
please shape up?
. . . and, George, will you please refrain from any further tortured
postings re: the economy and gold? I fear your hopelessl
On Monday, October 6, 2003, at 12:55 AM, Steve Schear wrote:
"Under a gold standard, the amount of credit that an economy can
support is determined by the economy's tangible assets, since every
credit instrument is ultimately a claim on some tangible asset," ...
This reminds me of another import
At 12:01 PM 10/6/2003 +0300, FileMatrix wrote:
Yes Steve, I agree with what you just said, but what you don't accept to
understand is that USA is the only country that can afford to inflate its
currency because the USD circulates in the entire world. So, for the other
countries of the world it does
> I think you need to check your facts. As Greenspan said All countries
> that use non-gold backed fiat money inflate their currencies. Period.
Steve, I was referring to over-inflating the currency - printing money
without having economy to back it up with.
Forrest, I didn't get your "defi
On Monday, October 6, 2003, at 05:01 AM, FileMatrix wrote:
Why stop at 10%? Crank it up to 20%
He is not creating any value...
Other people are creating the value.
Really?! Why should they create value if you don't.
You tell Danny not to
stop at 10% inflation, yet you want *other* people to cre
Dear Jens,
For whatever reason, your e-mail client describes you as:
Wilkinson Jens
in the "from" header of your e-mail messages. Since your
e-mails come from Yahoo, you can probably change this
setting in the "my settings" section. I regret not having
looked closer at your e-mail address for a b
Dear George,
I agree, but there is one catch: the gold does not belong
to the people.
Gold very obviously belongs to some people. Are you opposed
to gold because it hasn't been nationalized by the so-called
"dictatorship of the proletariat"?
Gold was nationalized in the Soviet Union. All those m
At 07:07 PM 10/6/2003 +0300, "FileMatrix" <[EMAIL PROTECTED]> wrote:
> I think you need to check your facts. As Greenspan said All countries
> that use non-gold backed fiat money inflate their currencies. Period.
Steve, I was referring to over-inflating the currency - printing money
without h
At 12:11 PM 10/6/2003 -0400, Patrick Chkoreff wrote:
It is also precisely why the US government will never allow the payment of
taxes in gold, and why in the 1930's they banned businesses from writing
contracts denominated in gold. The system we have can only be maintained
by force of arms -- o
Dear Jim,
> Are you opposed to gold because it hasn't been nationalized by the
so-called "dictatorship of the proletariat"?
Maybe you have not read what Patrick said about gold belonging to *people*,
not to the country. In that sense I told you that the mined gold doesn't
belong to the people. T
On Monday, October 6, 2003, at 01:40 PM, Steve Schear wrote:
At 12:11 PM 10/6/2003 -0400, Patrick Chkoreff wrote:
It is also precisely why the US government will never allow the
payment of taxes in gold, and why in the 1930's they banned
businesses from writing contracts denominated in gold. Th
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> From: Steve Schear
> Sent: Tuesday, 7 October 2003 3:35 AM
> Subject: [e-gold-list] Re: When e-gold takes off in a big way
[Addressing FileMatrix, he writes:)
> Well, as the joke goes... we've already established what you
> are, now we're
> just haggling over the price. Inflation is theft. Wh
On Monday, October 6, 2003, at 08:15 PM, FileMatrix wrote:
You don't like a government to have too
much power, yet you have no problem with a company (those who would
mine the
gold - everybody's money) having too much?! What is the principle that
1. Those who would mine the gold don't have "everyb
Dear Danny,
Hmmm. 450 to 1453 AD is not exactly known as a time of
great progress.
Yes, it is. It was a time of great progress in Byzantium
and in the Caliphate. The Caliphate eventually succumbed
to the Mongol hordes of Genghis Khan, and Constantinople
finally fell to the Turks. But, during th
>(1) An individual saves money, i.e.
> spends less than he earns. (2) The individual seeks a return on his
> savings, so he invests it with, say, a venture capital firm. (3) An
> entrepreneur approaches the venture capitalist with a promising
> business plan. (4) The venture capitalist invests a
Dear George,
About your "subject"... I think you have a problem with
equality since I see you refer to people with different
ideas than yours, as "socialist" and "communist"
Actually, that's not true. I refer to people with
socialistic ideas as socialist and those with communistic
ideas as commun
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thanks to several e-gold users we have verified
additions to the e-gold mobile provider list here:
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Hello Estonia, Slovenia, Sweden and the United Kingdom!
jay w.
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iQEV
So... if inflationary fiat (fake) money works better than
real money because people are so eager to get rid
of it before it loses value that it kicks the economy into
a frenzy of action...
Then fake computers which slow down by 10% every
year would be great for the economy too, because
people would
Sony VAIO PCG-FRV25 Notebook (2.66-GHz Pentium 4, 512 MB RAM, 40 GB Hard
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$1400 includes shipping within the US, Int'l is extra
Here is the link, looking for e-gold
http://www.amazon.com/exec/obidos/tg/detail/-/B0
Hello Ian,
Actually the 4 wives rule is more of a guideline than a rule and once you
practice polygamy you will realize that the only way to keep the wives at
bay is to keep adding ;o)
That said, isn't the reason governments *want* and *need* inflation simply
that it is the only way to continue fa
Dear George,
Survival of the fittest?
By the way, the free enterprise system represents
cooperation at its very finest. Socialists and
communists pretend that they are looking out for
the interests of others, but the reality is much
nastier.
In a free enterprise system, those with the most to
ga
> Hmmm. 450 to 1453 AD is not exactly known as a time of
> great progress.
> It is better known as the dark middle ages.
Dark ages in Europe, but a lot of scientific and social advancements
were made in the Muslim world during this period.
Khurram Khan
---
You are currently subscribed to e-go
Dear Khurram,
Dark ages in Europe, but a lot of scientific and social
advancements were made in the Muslim world during this period.
I think the idea that this time was utterly dark in
Europe is mistaken. But there was great progress in
the Muslim world. I should very much like to hear
your thou
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