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Author Topic:   Testing The Financial Apologists
nwr
Member
Posts: 6414
From: Geneva, Illinois
Joined: 08-08-2005


(2)
Message 556 of 563 (918582)
05-10-2024 11:48 PM
Reply to: Message 553 by Phat
05-10-2024 3:07 PM


Re: The Issue Between Us Is Political
Phat in Message 553 writes:
The Issue Between Us Is Political
No, it isn't political, at least in my case. My view comes from looking at how money seems to work.
..., though I cannot understand why nobody likes videos.
Watching videos takes time and is tedious. I can get a lot more useful information per minute by reading than by watching videos.

Fundamentalism - the anti-American, anti-Christian branch of American Christianity

This message is a reply to:
 Message 553 by Phat, posted 05-10-2024 3:07 PM Phat has replied

Replies to this message:
 Message 558 by Phat, posted 05-15-2024 11:55 AM nwr has replied

  
Taq
Member
Posts: 10139
Joined: 03-06-2009
Member Rating: 5.5


Message 557 of 563 (918593)
05-13-2024 10:58 AM
Reply to: Message 553 by Phat
05-10-2024 3:07 PM


Re: The Issue Between Us Is Political
Phat writes:
I'm convinced that the issue between the peanut gallery and myself regarding the role of the US Dollar in international trade, the value and purpose of Gold and other precious metal commodities, and the narrative of so called "experts" and other interests is in fact political. I say this now because I have observed that most of the people whom I trust who teach this stuff, while not "official government economists" are in fact three things.
Wealthy. They do not need YouTube video clicks to give themselves an income.
Libertarian or Conservative. They would agree with Ron Paul.
Largely in agreement with others who think like them.
Left off the list: economists.
What I think you forget is that greed trumps politics. Is there a big push for buying gold amongst the biggest players in investments? No. Do you think they are purposefully losing money for some political goal?
Gold is just an investment, like any other. It has less risk than some investments, but also less return. If you want to invest in gold, then go for it. Be my guest.
What doesn't make sense is all of the conspiracy theories surrounding the collapse of fiat currencies. The world gave the gold standard a try, and it sucked. We aren't going back, and for good reason. The gold standard is too inflexible for a modern economy because it limits the growth of the economy to how much gold you have. It also takes away tools that can be used to fix recessions and inflation. That's why the US abandoned the gold standard, well after the rest of the world did.
I will also expose Jared Bernstein, one of Bidens office of economic affairs appointees and attempt to make a case not necessarily against Biden but against the "official government sources" which I honestly feel are at worst misleading and at best soothing the fears of the public for national interests.
When you have something more than conspiracies, let us know.

This message is a reply to:
 Message 553 by Phat, posted 05-10-2024 3:07 PM Phat has not replied

  
Phat
Member
Posts: 18383
From: Denver,Colorado USA
Joined: 12-30-2003


Message 558 of 563 (918607)
05-15-2024 11:55 AM
Reply to: Message 556 by nwr
05-10-2024 11:48 PM


Re: The Issue Between Us Is Political
Percy writes:
I think you're ill and that responding to you is mostly pointless because you're unable to absorb or correctly interpret much that is said, as is already readily apparent in many of your messages...
I was at the Doctor yesterday and my A1C is 7.8. Why you always assume I am insane is because I am exposing the fragility of the US global financial position.
This scares you to death (as it would anyone) and the fact is that much of this country is in denial. You won't hear any truth in an election year but you will see the other party blamed for the problem after the elections. (whichever party wins! )

This message is a reply to:
 Message 556 by nwr, posted 05-10-2024 11:48 PM nwr has replied

Replies to this message:
 Message 559 by Theodoric, posted 05-15-2024 12:24 PM Phat has not replied
 Message 560 by Taq, posted 05-15-2024 3:20 PM Phat has not replied
 Message 561 by Admin, posted 05-15-2024 3:24 PM Phat has not replied
 Message 562 by nwr, posted 05-15-2024 6:55 PM Phat has not replied

  
Theodoric
Member
Posts: 9265
From: Northwest, WI, USA
Joined: 08-15-2005
Member Rating: 3.3


Message 559 of 563 (918608)
05-15-2024 12:24 PM
Reply to: Message 558 by Phat
05-15-2024 11:55 AM


Re: The Issue Between Us Is Political
7.8 is not good and is probably the best it has been in a while. It's gonna kill ya. I am soon to be 62. A couple years ago I was prediabetic. With diet and exercise changes I am now nowhere near that now. It takes work. I limit a lot of things I like to eat and drink and I get exercise every day. Another great side effect. No one thinks I am a nut job.

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 558 by Phat, posted 05-15-2024 11:55 AM Phat has not replied

  
Taq
Member
Posts: 10139
Joined: 03-06-2009
Member Rating: 5.5


Message 560 of 563 (918610)
05-15-2024 3:20 PM
Reply to: Message 558 by Phat
05-15-2024 11:55 AM


Re: The Issue Between Us Is Political
Phat writes:
Why you always assume I am insane is because I am exposing the fragility of the US global financial position.
You are just asserting that the US global financial position is fragile. You aren't exposing anything. Your posts are the equivalent of the guy on the street corner with the sign "THE END IS NEAR".

This message is a reply to:
 Message 558 by Phat, posted 05-15-2024 11:55 AM Phat has not replied

  
Admin
Director
Posts: 13075
From: EvC Forum
Joined: 06-14-2002
Member Rating: 2.6


Message 561 of 563 (918611)
05-15-2024 3:24 PM
Reply to: Message 558 by Phat
05-15-2024 11:55 AM


Re: The Issue Between Us Is Political
I've set your post limit to 1 per week. Get some help.

--Percy
EvC Forum Director

This message is a reply to:
 Message 558 by Phat, posted 05-15-2024 11:55 AM Phat has not replied

  
nwr
Member
Posts: 6414
From: Geneva, Illinois
Joined: 08-08-2005


Message 562 of 563 (918613)
05-15-2024 6:55 PM
Reply to: Message 558 by Phat
05-15-2024 11:55 AM


Re: The Issue Between Us Is Political
Phat writes in Message 558:
I was at the Doctor yesterday and my A1C is 7.8.
This is weird. According to the indicator at top right, it is a reply to me. However, based on content, it looks more likely to be intended as a reply to Percy.

Fundamentalism - the anti-American, anti-Christian branch of American Christianity

This message is a reply to:
 Message 558 by Phat, posted 05-15-2024 11:55 AM Phat has not replied

Replies to this message:
 Message 563 by Percy, posted 05-15-2024 9:21 PM nwr has not replied

  
Percy
Member
Posts: 22565
From: New Hampshire
Joined: 12-23-2000
Member Rating: 5.6


Message 563 of 563 (918615)
05-15-2024 9:21 PM
Reply to: Message 562 by nwr
05-15-2024 6:55 PM


Re: The Issue Between Us Is Political
Phat clicked the reply button on your Message 556 then quoted text from my Message 553 and replied to that.
--Percy

This message is a reply to:
 Message 562 by nwr, posted 05-15-2024 6:55 PM nwr has not replied

  
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