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Not at all. I'm still waiting for your argument to get off the floor.
thats something I didnt know. Wish you would speak up more often.
Not at all. I'm still waiting for your argument to get off the floor.
and yet it certainly sounds like a stated excuse to keep underhanded dealings in the dark.
^^^More handwaving.
Uh, actually, you misspoke...
Originally Posted by RandomGuy
Why must we borrow every dollar put in circulation?
Because that is one of the mechanisms of our currency. Why should we care about the mechanics, as long as it works?
Maybe he understands the details, but not the implications.
And while you guys heckle the notion of greenbacks, North Dakota has implemented its own currency to the tune of:
Unemployment rate, North Dakota
3.5% of the labor force - Not seasonally adjusted - Aug 2010
Source: U.S. Bureau of Labor Statistics
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Invidious. It's overreading to take RG's rhetorical question as an admission of ignorance.
That was my question, his answer showed all I could ever hope for it to
I heckled your suggestion that greenbacks are some kind of magic panacea for the boom/bust cycle.
we still havent tackled the bust/currency retraction issue, so we havent fully shown the nature of banking influence over the economic cycles. That is the next info I would like to find.
Greenbacks are not a panacea, but they would preserve the republic for future generations if they could be defended.
goforit WH
Maybe banks don't control bank runs. Irving Fisher's essay on the debt-deflation theory of depressions might be a good place for you to start.
They're kept in the same place that Toyota keeps its sodium floride.
DUN DUN DUN!
Astronomical profits, returned to the US Treasury.
DUN DUN DUN!
Exactly.
Implicit in the design of the Fed is also the fact that it CAN be dissolved if it ever really got too far out of line.
Jackson abolished one of the earlier incarnations of the central because it didn't kowtow to him, and it was just this kind of political pressure that the people who formed the Fed had in mind.
If we were to completely open the books, that would crack open the door for the Fed to really become the kind of piggybank that every politician dreams of.
The Fed is, essentially, run by technocrats with a LOT of topical expertise, and access to a lot of data. Not exactly a secret cabal.
Says one of the biggest idiots on this board. Again, you dude. You cant win on the points so you resort to the name calling. You are in the same league as DarrinS. I still challenge you to point to one valid, credible take you have had all thread long. Just one. Otherwise gtfo. Youre a ing joke.
Smaller banks use fractional reserves as well.
You know this right?
And you just try to piece back together your own asshole as I handed it to you weeks back. How else could you explain the unrelenting attacks, no matter the issue, no matter the take, even when you dont disagree?
Small. Very small. Thats ok, because my nuts are big enough for both of you mamacitas to ride.
you again. Smaller banks dont create money out of thin air. Youre a buffoon. off. Go to your professors and complain. Or maybe just mourn the fact that you didnt have enough upstairs to apply what they taught to real life er.
Stop worrying about what I know and start worrying about how you can post something of value till then do yourself a service and study.
(shrugs)
Your defintion of "credible" means one that agrees with you.
I do not agree with your conclusions, therefore, by defintion, I cannot post something "credible".
Unless of course I can calculate the ninety-third root of nineteen point two three.
That seemed pretty credible.
It's not resentment. Your takes really suck that much.
More balls than brains, that's for sure.Thats ok, because my nuts are big enough for both of you mamacitas to ride.
And WH you ride with a fuggin dog on this argument, and you know it. You havent even bothered to step in and defend the trash this clown has littered this thread with, because you know what his take amounts to: . That shows you to be completely biased...again with the ass rape butthurt from weeks back. Either youre a bitter drunk or simply a sore loser...i havent figured out which.
But the difference between the two of us: my take made it out onto the thread. youre too cowardly to express anything, for fear that youll show your bloomers. I had the balls to state mine.
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