Forum Replies Created
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AuthorPosts
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kewp
Participant[quote=esmith]
Why, is it immoral to bet on someone’s death? It’s not like I’m planning to off him myself.[/quote]Because he has family.
Seriously dude, don’t be a douchebag.
Participant[quote=esmith]
Why, is it immoral to bet on someone’s death? It’s not like I’m planning to off him myself.[/quote]Because he has family.
Seriously dude, don’t be a douchebag.
Participant[quote=esmith]
Why, is it immoral to bet on someone’s death? It’s not like I’m planning to off him myself.[/quote]Because he has family.
Seriously dude, don’t be a douchebag.
Participant[quote=esmith]
Why, is it immoral to bet on someone’s death? It’s not like I’m planning to off him myself.[/quote]Because he has family.
Seriously dude, don’t be a douchebag.
ParticipantI love the smell of capitulation in the morning.
It smells like victory!
ParticipantI love the smell of capitulation in the morning.
It smells like victory!
ParticipantI love the smell of capitulation in the morning.
It smells like victory!
ParticipantI love the smell of capitulation in the morning.
It smells like victory!
ParticipantI love the smell of capitulation in the morning.
It smells like victory!
Participant[quote=qwerty007]
Josh, I really enjoyed this theory even if it did go over my head a little. I’m not even going to take a stab in the dark at the first para? When you say the dollar is becoming a commodity, do you mean cash reserves or USTs, or both?
[/quote]Baranaby33 is not correct. Repaying debt is not deflationary in the classic sense. If I loan you a dollar, then you pay me back a dollar and ten cents a week later the net money supply is the same. Especially since I’m just going to loan out your $1.10 to someone else.
It *can*, however, lead to lower prices in some cases. If I’m giving you my $1.10 I’m not using it to buy food, fuel, or speculate in the futures market (all inflationary). In the current environment its somewhat deflationary as the banks aren’t lending.
Debt destruction means a default. You loan me a dollar, I use it to light my cigar and then give you the finger. The net money supply is reduced, leading to true deflation.
Participant[quote=qwerty007]
Josh, I really enjoyed this theory even if it did go over my head a little. I’m not even going to take a stab in the dark at the first para? When you say the dollar is becoming a commodity, do you mean cash reserves or USTs, or both?
[/quote]Baranaby33 is not correct. Repaying debt is not deflationary in the classic sense. If I loan you a dollar, then you pay me back a dollar and ten cents a week later the net money supply is the same. Especially since I’m just going to loan out your $1.10 to someone else.
It *can*, however, lead to lower prices in some cases. If I’m giving you my $1.10 I’m not using it to buy food, fuel, or speculate in the futures market (all inflationary). In the current environment its somewhat deflationary as the banks aren’t lending.
Debt destruction means a default. You loan me a dollar, I use it to light my cigar and then give you the finger. The net money supply is reduced, leading to true deflation.
Participant[quote=qwerty007]
Josh, I really enjoyed this theory even if it did go over my head a little. I’m not even going to take a stab in the dark at the first para? When you say the dollar is becoming a commodity, do you mean cash reserves or USTs, or both?
[/quote]Baranaby33 is not correct. Repaying debt is not deflationary in the classic sense. If I loan you a dollar, then you pay me back a dollar and ten cents a week later the net money supply is the same. Especially since I’m just going to loan out your $1.10 to someone else.
It *can*, however, lead to lower prices in some cases. If I’m giving you my $1.10 I’m not using it to buy food, fuel, or speculate in the futures market (all inflationary). In the current environment its somewhat deflationary as the banks aren’t lending.
Debt destruction means a default. You loan me a dollar, I use it to light my cigar and then give you the finger. The net money supply is reduced, leading to true deflation.
Participant[quote=qwerty007]
Josh, I really enjoyed this theory even if it did go over my head a little. I’m not even going to take a stab in the dark at the first para? When you say the dollar is becoming a commodity, do you mean cash reserves or USTs, or both?
[/quote]Baranaby33 is not correct. Repaying debt is not deflationary in the classic sense. If I loan you a dollar, then you pay me back a dollar and ten cents a week later the net money supply is the same. Especially since I’m just going to loan out your $1.10 to someone else.
It *can*, however, lead to lower prices in some cases. If I’m giving you my $1.10 I’m not using it to buy food, fuel, or speculate in the futures market (all inflationary). In the current environment its somewhat deflationary as the banks aren’t lending.
Debt destruction means a default. You loan me a dollar, I use it to light my cigar and then give you the finger. The net money supply is reduced, leading to true deflation.
Participant[quote=qwerty007]
Josh, I really enjoyed this theory even if it did go over my head a little. I’m not even going to take a stab in the dark at the first para? When you say the dollar is becoming a commodity, do you mean cash reserves or USTs, or both?
[/quote]Baranaby33 is not correct. Repaying debt is not deflationary in the classic sense. If I loan you a dollar, then you pay me back a dollar and ten cents a week later the net money supply is the same. Especially since I’m just going to loan out your $1.10 to someone else.
It *can*, however, lead to lower prices in some cases. If I’m giving you my $1.10 I’m not using it to buy food, fuel, or speculate in the futures market (all inflationary). In the current environment its somewhat deflationary as the banks aren’t lending.
Debt destruction means a default. You loan me a dollar, I use it to light my cigar and then give you the finger. The net money supply is reduced, leading to true deflation.
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