10/17/2011
EVENT HORIZON! part SEVEN
There are idiots being passed around for economists, remember, we are in this mess because of the experts, remember Dow 30,000 by 2010? Thanks for naming two black idiots though still does not prove your point of unlimited money. The rich people also cause inflation bidding up prices where the prices can not be sustained, poor people can not cause inflation. At margins the dollar has no value, you do not get extra value for paying a 400 hundred dollar dinner, you are paying for intangibles (nothing).
I copied and posted here most a "conversation" I had on the CNNmoney facebook page, after a few comments the gentleman stopped writing back, may be it does not prove at all that I know more than he, but I my points, it is interesting to note how many of us have an opinion in the money matters, regardless of how little understanding we have of the subject matter.
Like I said about the OWS protesters using cell phones and bankcards and eating at MCDonalds, we have compartmentalized our knowledge. Sadly same can be said of the TEA party crowd, survey after survey has shown the lack of understanding, if not out right real knowledge, on part the general public in the USA. Not only the Constitution is misquoted, we even misquote and misinterpret the Bible also.
If a commodity is in limited quantity (money in this case) and if a few take more the others must do with less. It is wrong to compare this to the Arab spring where the main reason was "freedom". In the "advanced nations"the promise of ever increasing prosperity has gone away, and not just for the reason of banking crisis, in a flat world, all must have the same standard of living also. This a new revelation to the masses of those protesting. While the going was good no one cared, now the reality strikes that the bowl has been taken away.
LIFE IS A GAME OF CONNECT THE DOTS, IF YOU DON'T CONNECT ALL THE DOTS OR DON'T CONNECT THEM IN THE RIGHT ORDER YOU NEVER GET THE PICTURE
EVENT HORIZON! part SEVEN
You know that the bubbles were created by the false assumption of "unlimited money", if there is unlimited money then the bubble would not have burst, thanks for your comment. It is a zero sum game or there would not be any poverty hunger or need. Also, economics 101 teaches us that anything that is available in unlimited quantity has zero value, then unlimited amount of money also has no value,
There are idiots being passed around for economists, remember, we are in this mess because of the experts, remember Dow 30,000 by 2010? Thanks for naming two black idiots though still does not prove your point of unlimited money. The rich people also cause inflation bidding up prices where the prices can not be sustained, poor people can not cause inflation. At margins the dollar has no value, you do not get extra value for paying a 400 hundred dollar dinner, you are paying for intangibles (nothing).
I copied and posted here most a "conversation" I had on the CNNmoney facebook page, after a few comments the gentleman stopped writing back, may be it does not prove at all that I know more than he, but I my points, it is interesting to note how many of us have an opinion in the money matters, regardless of how little understanding we have of the subject matter.
Like I said about the OWS protesters using cell phones and bankcards and eating at MCDonalds, we have compartmentalized our knowledge. Sadly same can be said of the TEA party crowd, survey after survey has shown the lack of understanding, if not out right real knowledge, on part the general public in the USA. Not only the Constitution is misquoted, we even misquote and misinterpret the Bible also.
If a commodity is in limited quantity (money in this case) and if a few take more the others must do with less. It is wrong to compare this to the Arab spring where the main reason was "freedom". In the "advanced nations"the promise of ever increasing prosperity has gone away, and not just for the reason of banking crisis, in a flat world, all must have the same standard of living also. This a new revelation to the masses of those protesting. While the going was good no one cared, now the reality strikes that the bowl has been taken away.
LIFE IS A GAME OF CONNECT THE DOTS, IF YOU DON'T CONNECT ALL THE DOTS OR DON'T CONNECT THEM IN THE RIGHT ORDER YOU NEVER GET THE PICTURE
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