I upgraded and then quickly found out that the software I am developing doesn't work because of a bug with Qt and Leopard.
Oh, and X11 is broken. Fortunately, the new terminal is finally better than xterm for everything except scrolling in vi.
Why should one person subsidize services of another? Is internet fibre a right? If the free market (not the government controlled "free" market) cannot make a profit by extending fibre to a neighborhood then perhaps some new startup would have an opportunity to make a difference. Instead big companies get PAID to extend then monopolies to areas that they will operate at a LOSS on MY dime.
If you want to donate money to a "fibre" charity then go ahead, but don't point a gun at me (via the government) to make me pay for it.
More to the bigger aspect of why they tax everything under the sun. Government likes to apply a tax on everything so that it can assert its authority over the item being taxed. They claim authority over all of our labor, our homes (property tax), cars, your body (draft, SSN), gold, food, and just about everything. The power to tax is the power to destroy. Taxes are to government as pee is to dogs, they use it to mark territory. My dog has killed many a plant by peeing on it over and over.
The question isn't about gold or silver or any other commodity. The question has to do with the supply of money and who is allowed to create it and why!
Debt based money, like the US Dollar (and most modern currencies) creates new money whenever someone takes out a loan. The problem is, the interest due on that loan is never created. As a result more loans must be taken out or someone must default.
Wealth is never "created" it is only transfered. If you let one person "create" new money (by any means), then they stole wealth from everyone else who is holding that kind of money.
The gold standard (as it existed through most of history) is based upon the fraud that is fractional reserve banking. That is, a bank is allowed to create money from nothing so long as it doesn't exceed 10x deposits. As a result we get inflation which causes artificial demand and economic growth followed by deflation (defaults on loans) which are economic busts. Banks fail because they issues more receipts than they had gold deposits (fraud).
A real gold standard with 100% reserve banking would automatically maintain steady/maintainable growth and increase the purchasing power of money over time as society becomes more productive. You would not need a pay raise because as society improves efficiency prices of everything relative to the fixed supply of money would decrease.
Who should be allowed to create money and why?
A gold standard insures that no one can just "create money" because it costs money to mine gold and there is only so much that can be mined. Gold is also easily divisible and very dense. It is also hard to counterfeit.
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I upgraded and then quickly found out that the software I am developing doesn't work because of a bug with Qt and Leopard. Oh, and X11 is broken. Fortunately, the new terminal is finally better than xterm for everything except scrolling in vi.
If you want to donate money to a "fibre" charity then go ahead, but don't point a gun at me (via the government) to make me pay for it.
More to the bigger aspect of why they tax everything under the sun. Government likes to apply a tax on everything so that it can assert its authority over the item being taxed. They claim authority over all of our labor, our homes (property tax), cars, your body (draft, SSN), gold, food, and just about everything. The power to tax is the power to destroy. Taxes are to government as pee is to dogs, they use it to mark territory. My dog has killed many a plant by peeing on it over and over.
Debt based money, like the US Dollar (and most modern currencies) creates new money whenever someone takes out a loan. The problem is, the interest due on that loan is never created. As a result more loans must be taken out or someone must default.
Wealth is never "created" it is only transfered. If you let one person "create" new money (by any means), then they stole wealth from everyone else who is holding that kind of money.
The gold standard (as it existed through most of history) is based upon the fraud that is fractional reserve banking. That is, a bank is allowed to create money from nothing so long as it doesn't exceed 10x deposits. As a result we get inflation which causes artificial demand and economic growth followed by deflation (defaults on loans) which are economic busts. Banks fail because they issues more receipts than they had gold deposits (fraud).
A real gold standard with 100% reserve banking would automatically maintain steady/maintainable growth and increase the purchasing power of money over time as society becomes more productive. You would not need a pay raise because as society improves efficiency prices of everything relative to the fixed supply of money would decrease.
Who should be allowed to create money and why?
A gold standard insures that no one can just "create money" because it costs money to mine gold and there is only so much that can be mined. Gold is also easily divisible and very dense. It is also hard to counterfeit.