Understanding through Discussion


Welcome! You are not logged in. [ Login ]
EvC Forum active members: 66 (9078 total)
101 online now:
PaulK (1 member, 100 visitors)
Newest Member: harveyspecter
Post Volume: Total: 895,159 Year: 6,271/6,534 Month: 464/650 Week: 2/232 Day: 2/28 Hour: 0/0


Thread  Details

Email This Thread
Newer Topic | Older Topic
  
Author Topic:   Testing The Financial Apologists Conmen
Theodoric
Member
Posts: 7416
From: Northwest, WI, USA
Joined: 08-15-2005
Member Rating: 2.7


(1)
Message 106 of 108 (896278)
08-04-2022 10:42 AM
Reply to: Message 104 by Phat
08-04-2022 12:28 AM


Still no support for your ravings. Just more ravings.
I was hoping you could present the actual Nixon quote and explain what he meant in the global context of 1971. Or is that beyond your abilities?
But it now seems to me that Gold itself is being defended against speculators.
How? By who?
I don't have facts offhand to back this up except my belief that Gold is and was the only real money that is not debt-based and thus someone else's obligation. Note how much Gold is held by countries:
Irrelevant. Gold is a commodity. So is oil. That is why we have the strategic oil reserve. Gold is not a currency it is a commodity.
If a man has gold, and the value was allowed unfettered market speculation, he could profit from inflated currencies and also hide his true assets from government oversight.
You can have gold. All you want. How are you going to spend it? What are you going to do when speculators drive the price up and down. Ever hear of the Hunt brothers and silver?
Because Gold holds its value much better than either currencies or blockchains. This is true of hard assets like commodities in general
Really? Provide evidence.
though Gold is the backbone of Central Bank backing.
Really? Provide source for this.
If one buys small quantities of precious metals they slip below the radar and are not liable for capital gains.
How does owning gold make you liable for capital gains? Do you understand the tax system?
There may be points where a bail-in is the best of all possible options. Do you know of any real-world examples in the US or is this just something you heard on youtube?
Money that is not subject to government control in order to bail out the system through bailing in the assets of banks.
There is not money without government. Please define public vs private money.
Let's just say I'm paranoid of being controlled.
By who? Sounds like you are simply mentally ill.
I'm honest apart from the fact that some things should be kept private and not part of a giant pool of money controlled by governments.
I am still confused by what you mean by that it it sounds like you are too.
Gold still backs fiat money indirectly
How? If the US liquidated all its gold what do you think would happen? What if we sold all of the oil we own or all of every other commodity the US owns?
A 5000-year track record is nothing to dismiss so lightly, however.
How has that track record compared with other commodities and currencies?
You have not answered anything I asked with sources and data. All you have done is recite things you heard on youtube with absolutely nothing to support your wild-ass ravings. Typical. How do you expect anyone to treat you seriously when you cannot support even your most basic claims?

Edited by Theodoric, : new subtitle

Edited by Theodoric, : spell no correctly

Edited by Theodoric, : Date


What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens

Facts don't lie or have an agenda. Facts are just facts

"God did it" is not an argument. It is an excuse for intellectual laziness.

If your viewpoint has merits and facts to back it up why would you have to lie?


This message is a reply to:
 Message 104 by Phat, posted 08-04-2022 12:28 AM Phat has not replied

  
ringo
Member
Posts: 19752
From: frozen wasteland
Joined: 03-23-2005
Member Rating: 2.9


(2)
Message 107 of 108 (896280)
08-04-2022 11:52 AM
Reply to: Message 96 by Phat
08-03-2022 5:21 PM


Re: Redefining The American Dream
Phat writes:
These days, One could nearly say that the rich hijacked the dream my parents had.
And you're helping them do it.
Phat writes:
Perhaps your idea of an American/Canadian Dream is nothing more than (that)everyone has a roof over their head, enough food, and basic needs such as medical, dental, and clothing being affordable.
How can you be comfortable with more than that when you know other people have less than that?
Phat writes:
By the time the public includes everyone in the world and guarantees no hunger or homelessness, we all will ave a very spartan living standard.
Will you ever listen? When you pull up the bottom, you pull up everybody.
Phat writes:
To me that is not progress, but it is empathy, I suppose.
For you, a little empathy would definitely be progress.
Phat writes:
But then we still have the thieves. They will always take what they can get and wont care who they hurt or whose stuff it is.
You mean the rich? Whom you support.
Phat writes:
I suppose Jesus would not want us fighting them or locking them up. Comments?
Well, He would want you to visit them in prison.
He would also want you to forgive them, not advocate having armed guards to shoot them.

"Let me win. But if I cannot win, let me be brave in the attempt."
-- motto of the Special Olympians

This message is a reply to:
 Message 96 by Phat, posted 08-03-2022 5:21 PM Phat has seen this message but not replied

  
ringo
Member
Posts: 19752
From: frozen wasteland
Joined: 03-23-2005
Member Rating: 2.9


(1)
Message 108 of 108 (896281)
08-04-2022 12:01 PM
Reply to: Message 104 by Phat
08-04-2022 12:28 AM


Re: Ringo needs to define the Side Of The Public
Phat writes:
... some things should be kept private and not part of a giant pool of money controlled by governments.
You'd rather have them controlled by ultra-rich monsters like Trump? And he wasn't even very good at stealing from you.

"Let me win. But if I cannot win, let me be brave in the attempt."
-- motto of the Special Olympians

This message is a reply to:
 Message 104 by Phat, posted 08-04-2022 12:28 AM Phat has seen this message but not replied

  
Newer Topic | Older Topic
Jump to:


Copyright 2001-2018 by EvC Forum, All Rights Reserved

™ Version 4.1
Innovative software from Qwixotic © 2022