On Wednesday, 3 August 2016 at 13:34:13 UTC, jmh530 wrote:
On Wednesday, 3 August 2016 at 07:35:28 UTC, deadalnix wrote:
And how is this legal tender emitted ? With debt.
Do you mean how money is created?
The Fed and other major central banks use open market
operations like repos or
On Wednesday, 3 August 2016 at 07:35:28 UTC, deadalnix wrote:
And how is this legal tender emitted ? With debt.
Do you mean how money is created?
The Fed and other major central banks use open market operations
like repos or outright asset purchases to control the money
supply. For
On Tuesday, 2 August 2016 at 11:44:17 UTC, qznc wrote:
On Tuesday, 2 August 2016 at 08:07:38 UTC, Basile B. wrote:
I was thinking about the value of what we do in the life,
daily, the jobs, etc
I've endend with this conclusion:
The more you're able to create debt, the more you'll earn.
On Tuesday, 2 August 2016 at 20:26:07 UTC, Rufus Smith wrote:
Now the system has become cancerous. There is no natural way to
escape it(it can't be avoided).
There are plenty of way to escape it, you just don't want to be
sleeping half naked on the ground in a forest with no toilet
paper.
On Tuesday, 2 August 2016 at 19:51:04 UTC, jmh530 wrote:
When I look on my money (US dollars) it says "This note is
legal tender for all debts, public and private." This means
that you can pay debts with it. It doesn't mean that it is a
debt.
And how is this legal tender emitted ? With
On Tuesday, 2 August 2016 at 20:25:15 UTC, dewitt wrote:
"You have no reason to remember, but we came out of the White
House not only dead broke, but in debt," -Hillary Clinton
politican says. how dare i to think that politican can lie?!
On Tuesday, 2 August 2016 at 21:01:13 UTC, jmh530 wrote:
On Tuesday, 2 August 2016 at 20:26:07 UTC, Rufus Smith wrote:
[snip]
It is a beast of an organism and is a parasite on humanity.
Luckily if it kills us off completely it will die too ;)
Sigh...
yep. he made a right conclusion, but
On Tuesday, 2 August 2016 at 20:26:07 UTC, Rufus Smith wrote:
[snip]
It is a beast of an organism and is a parasite on humanity.
Luckily if it kills us off completely it will die too ;)
Sigh...
On Tuesday, 2 August 2016 at 08:07:38 UTC, Basile B. wrote:
I was thinking about the value of what we do in the life,
daily, the jobs, etc
I've endend with this conclusion:
The more you're able to create debt, the more you'll earn.
example, CIO: hudge pay, because your 1000 salaries will
On Tuesday, 2 August 2016 at 20:09:51 UTC, ketmar wrote:
On Tuesday, 2 August 2016 at 20:04:19 UTC, CRAIG DILLABAUGH
wrote:
If this is true then politicians should be very well paid.
have you ever seen poor politican?
"You have no reason to remember, but we came out of the White
House not
On Tuesday, 2 August 2016 at 20:04:19 UTC, CRAIG DILLABAUGH wrote:
If this is true then politicians should be very well paid.
have you ever seen poor politican?
On Tuesday, 2 August 2016 at 08:07:38 UTC, Basile B. wrote:
I was thinking about the value of what we do in the life,
daily, the jobs, etc
I've endend with this conclusion:
The more you're able to create debt, the more you'll earn.
example, CIO: hudge pay, because your 1000 salaries will
On Tuesday, 2 August 2016 at 18:43:59 UTC, deadalnix wrote:
Money == debt, so nothing surprising or new here.
In this day and age, money does not carry with it an obligation
that the government needs to pay you anything.
When I look on my money (US dollars) it says "This note is legal
On Tuesday, 2 August 2016 at 08:07:38 UTC, Basile B. wrote:
What do you think about that ?
Money == debt, so nothing surprising or new here.
On Tuesday, 2 August 2016 at 11:44:17 UTC, qznc wrote:
According to Graeber [0], money = debt.
Graeber has a superficial understanding of monetary economics.
Even Brad Delong wrote a whole series of blog posts about the
mistakes in that book.
On Tuesday, 2 August 2016 at 08:07:38 UTC, Basile B. wrote:
What do you think about that ?
For competitive markets, I would direct you to this theory
https://en.wikipedia.org/wiki/Marginal_revenue_productivity_theory_of_wages
An architect has a high salary because the dollar value of his
On Tuesday, 2 August 2016 at 08:07:38 UTC, Basile B. wrote:
I was thinking about the value of what we do in the life,
daily, the jobs, etc
I've endend with this conclusion:
The more you're able to create debt, the more you'll earn.
example, CIO: hudge pay, because your 1000 salaries will
I was thinking about the value of what we do in the life, daily,
the jobs, etc
I've endend with this conclusion:
The more you're able to create debt, the more you'll earn.
example, CIO: hudge pay, because your 1000 salaries will create a
lot of debt. Architect, huge pay: your client will
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