When you use money which is not physical media you are using credit. Your physical cash becomes part of the bank's reserve and the bank transfers electronic money to the recipient, they don't send your actual notes and coins. Just because you can't see the debt doesn't mean that the electronic money wasn't created from a debt.
I don't know how many times to say this. There are only 3 types of money. Commodity (gold), fiat (notes & coins) and fiduciary money (credit). If it's not gold and not notes and coins, then it is credit and there's a debt somewhere.
neurosis: 1. Also called psychoneurosis. a functional disorder in which feelings of anxiety, obsessional thoughts, compulsive acts, and physical complaints without objective evidence of disease, in various degrees and patterns, dominate the personality. 2. a relatively mild personality disorder typified by excessive anxiety or indecision and a degree of social or interpersonal maladjustment. It pretty much explains virtually every rts game player I've ever met.
The government and the mint do not create electronic money... The only money they create is the physical kind. They borrow electronic "money" from banks, but that's just bank credit, with a debt attached. Every single penny or cent of electronic money which exists has a debt out there somewhere gathering interest for the bank and waiting to suck it back up.
The only money which is not credit is that money which is made up of coins or paper notes. ALL electronic money is credit. Every penny/cent of it has a debt somewhere.
"If someone gives $7000 just for cables, there is certainly some difference in his head comparing to the head of someone who is not crazy and/or mentally challenged."
If he has $50 million in the bank, his perception of the value of money is going to be different from yours.
Seems to me to be a philosophical problem. With a single CPU you have a single gate processing a single sequence of instructions. It's easy to push the instructions and data through that gate in order. When you have 10, 20, 100 gates choosing which direction to push the instructions and data becomes exponentially more complex.
The solution it would seem to me would be to start pulling the instructions and data through the gates instead of pushing it.
A language is just a communication protocol. Would you say that having 7000 incompatible networking protocols is a good thing? No, it patently isn't. Thousands of incompatible languages simply help create pockets of ignorance and deprivation. The only people who benefit are those who can translate.
Having said that. The corollary is that learning multiple languages is a good idea for an individual. If you live in the UK and speak only English then you are excluded from the largest economies on the continent; France Germany etc. The French and Germans all speak English. If their economies tank, they can always look for work in the UK.
Speaking of which, I have a German lesson this evening.
WTF do you think there are problems in the place all of a sudden? Do you think it's coincidence there are problems and unrest in oil producing countries now that world oil production has fallen for the last few years?
But that's why stocks pay more -- because they're riskier, and so they have to or no one would buy them.
Really. You don't think money is as risky or riskier than say FTSE all-share fund or whatever the US equivalent is.
Slashdot Mirror
You bribe the people who work in the place.
That web site designers don't give a flying fuck about the speed their web sites load.
Switch to an alternative. QXL, Ebid, CQout etc.
If you know how money is created then you know that all electronic money is credit.
Yes, that's pretty much exactly what happens.
When you use money which is not physical media you are using credit. Your physical cash becomes part of the bank's reserve and the bank transfers electronic money to the recipient, they don't send your actual notes and coins. Just because you can't see the debt doesn't mean that the electronic money wasn't created from a debt.
I don't know how many times to say this. There are only 3 types of money. Commodity (gold), fiat (notes & coins) and fiduciary money (credit). If it's not gold and not notes and coins, then it is credit and there's a debt somewhere.
Don't you know how money is created?
1. Also called psychoneurosis. a functional disorder in which feelings of anxiety, obsessional thoughts, compulsive acts, and physical complaints without objective evidence of disease, in various degrees and patterns, dominate the personality.
2. a relatively mild personality disorder typified by excessive anxiety or indecision and a degree of social or interpersonal maladjustment. It pretty much explains virtually every rts game player I've ever met.
I don't think the church can be called "new".
http://en.wikipedia.org/wiki/Money#Types_of_money
The government and the mint do not create electronic money... The only money they create is the physical kind. They borrow electronic "money" from banks, but that's just bank credit, with a debt attached. Every single penny or cent of electronic money which exists has a debt out there somewhere gathering interest for the bank and waiting to suck it back up.
HTH
It's a mistranslation. The original bible didn't say she was a virgin.
The only money which is not credit is that money which is made up of coins or paper notes. ALL electronic money is credit. Every penny/cent of it has a debt somewhere.
And while we use credit like money, it means that we're renting our currency from banks. We don't own it.
"If someone gives $7000 just for cables, there is certainly some difference in his head comparing to the head of someone who is not crazy and/or mentally challenged."
If he has $50 million in the bank, his perception of the value of money is going to be different from yours.
The ability to spend $5k on a cable indicates to females that you have higher social status than the rest of the ordinary spuds who only spend $5.
Seems to me to be a philosophical problem. With a single CPU you have a single gate processing a single sequence of instructions. It's easy to push the instructions and data through that gate in order. When you have 10, 20, 100 gates choosing which direction to push the instructions and data becomes exponentially more complex.
The solution it would seem to me would be to start pulling the instructions and data through the gates instead of pushing it.
But isn't this just a really hard way of mapping street lights?
All words are made up. Live with it... Or go learn telepathy.
Who won? Who won?
We know they've really been keeping score.
A language is just a communication protocol. Would you say that having 7000 incompatible networking protocols is a good thing? No, it patently isn't. Thousands of incompatible languages simply help create pockets of ignorance and deprivation. The only people who benefit are those who can translate.
Having said that. The corollary is that learning multiple languages is a good idea for an individual. If you live in the UK and speak only English then you are excluded from the largest economies on the continent; France Germany etc. The French and Germans all speak English. If their economies tank, they can always look for work in the UK.
Speaking of which, I have a German lesson this evening.
But they still make the majority of science/engineering grad students in the US? ... Where education is renowned for being expensive.
The problem is?
The world always needs more lawyers.
You (everyone) just have to realise that they stole all your money from you and are now leasing it to you at 5% a year.
Money is power, by allowing them to lend your money to you they have taken all the money and all the power.
Be happy.
In a couple of years the dollar will have fallen so far that the Indians will be off shoring to you!
Myanmar == Burma
It has large quantities of oil and gas...
WTF do you think there are problems in the place all of a sudden? Do you think it's coincidence there are problems and unrest in oil producing countries now that world oil production has fallen for the last few years?
http://www.worldoil.com/INFOCENTER/STATISTICS_DETAIL.asp?Statfile=_worldoilproduction
Might as well be if you take a look at the typical dialogue from the original knight rider.