The Feds Vacate Airwaves
dada21 writes to tell us UPI is reporting that the government is getting ready to spend $936 million to move its radio communication to an obscure segment of the spectrum to make room for next-generation mobile tech. From the article: "'With 90 megahertz of additional spectrum, today's cellular carriers will be tomorrow's next-generation broadband providers,' Michael D. Gallagher, assistant secretary of commerce for communications and information, said in a statement."
Selling the spectrum will only accomplish two things: 1) Make some rich companies richer. 2) reduce innovation because only said companies can use the newly availble spectrum.
- I voted for Nintendo and against Bush
So, considering the track record of lobbyist and Congress, how many of you re highly skeptical that the people of th US will be getting their money's worth when the spectrums are auctioned? I know I am.
This is true -- and why I've moved entirely to a personal gold standard for currency.
In the past 15 years, they had numerous ways to spend -- direct taxes, indirect taxes, fake social security lockboxes and the worst -- currency inflation. Now that China, Russia and the Middle East are losing faith in the US dollar, they won't be able to inflate as much, right? Wrong. In March 2006, our government has decided to stop reporting the M3 Money Supply figures -- the figures that tell the world how much counterfeit money the central bank prints.
And they think this will make the dollar more stable?
This move might be another step in the wrong direction. If i'm not mistaken in a NPR radio show an expert said that some current commercial frequencies would be extremely useful for emergency responders since they can reach deeper inside buildings. They attributed the misuse of airwaves to lobby of big media groups. Apparently a lot of the rescue radio communication problems detected after 9/11 have not been solved, changes can be quickly made when there's a commercial reason.
TFA does not say what exactly is this 'obscure part of the spectrum' they are going to. Anyone?
So you're saying that 600 billion dollars in print in circulation is all we need to query, and it is only those figures that affect consumer price inflation?
I'm not sure I agree.
First, the M3 is by far the easiest way for the Fed to inflate the currency base "secretly" without there being a huge effect in the U.S. retail economy initially. Most of the money will be offshore dollars, eurodollars and institutional money funds -- these initially have zero effect on price inflation but as the money is converted for other means, they can and will have an effect.
The M1/M0 supply is not enough to see what government is doing to our money. If you need a better explanation, Rothbard's book is now available freely online. Go check out http://www.mises.org/money.aspx for more info on how government is destroying our wealth "secretly" and how removing the M3 figures is an even bigger crime against freedom.
In the long run, other central banks in the world that hold our currency are the ones who keep our currency in check. If they disagree with US dollar stability, we'll find ourselves in a hyperinflating economy -- the kind that us gold bugs would love to see.
the peoblem with that is that it is video that you are talking about.. tv is horrid when brodcast.. it needs soo much bandwith..
/3 = 73.6 cable or 147.2 for dsl connection speeds per cell tower..
when you look at a 2.4ghz netowrk (say chan 6 becsue it is most common)
top = 2,448,000,000 hz
bottom = 2,426,000,000 hz
diffrence = 22,000,000 hz = 22mhz span that can be used for a 54mbit connection with a local wifi.. and done very nasty
(90/22)*54 = 220.9 mbits avaliable)
considering most cable modems are 3mbit and dsl is 1.5mb
220.9
that is alot of free room and that is agian using a very nasty protocal..
if they clean it up and use an effecent protocal they are going to get alot of bandwith.. and if they do something like ipv6 / leap users woln't notice they are switching towers.. TV is horid when you think about the fact that it is always brodcasting to everyone and just eating up the space.. when you use it as an as needed network it is more than enough room.. because no one is going to be using max bandwith all the time everyone will take slices and use it for only a portion of the time..
'...if only "Jumping to a Conclusion" was an event in the Olympics.'
Except that gold has no value either. Oh, its kind of pretty, but it has no real use. If the dollar was to go hyperinflation, there's no particular reason we'd move back to gold. More likely, we'd start using Euros or other currency, just like the dollar is now defacto cash in many third world markets. If it goes so far that not even foreign bank notes are trusted, its even less likely that gold would be seen as valuable- at that point we're so FUBARed were back to barter, most likely with ammo and medicine being the most valuable items, as by that point the government has utterly collapsed.
I still have more fans than freaks. WTF is wrong with you people?
Gold has no value except as a store of wealth for those who use it, as a much-needy industrial metal, and as a store of wealth for every central bank in the world.
If the dollar hyperinflates, we WOULD switch to other fiat currencies, surely. I'll still use gold as my wealth store (it is not an investment for me, merely a version of your bank). I buy everything with gold and silver (I keep my wealth stored as a hard metal, and when I need something I have avenues for converting it to the fiat currency of choice merely for a business transaction). My money has been very stable over the years, even disregarding the value of gold going up against the dollar. I'm starting to track gold ratios against consumer fuel, utility costs and other "real life" costs and I'm surprised at how solid the metal has been over the past 3 years versus those prices.
Would we ever switch to a gold standard? I hope not -- gold is still artificially cheap and I'm happy to keep buying it. Hell, I love the fact that everyone eats the US dollars up -- it helps me save for the future at a discount.
Everything at such a high frequency will have to be line-of-site, however, as there's no hope of bouncing off the ionosphere or anything.
It could be done, yes, but it'd involve quite a high investment.