Sometimes it needs to lose value. And I'm not talking about manipulating it free of other concerns, I'm talking about manipulating it in response to demand on money.
More to the point who gets to decide when to increase or decrease the money supply. Your use of the word valuables in this context appears to refer to the notion that money needs to be backed by something like gold. It doesn't.
Now if only we could convince them to teach interpersonal skills in college. I mean come on, if you can teach an obscenely low level of math in college how hard can it be to teach interpersonal skills. However, interpersonal skills is one of those things that people like to claim can't be taught. I think it's something we need to get past. Practically anything can be taught, can't it?
As long as people can live together in one country, they should. The only reason for there to be more than one country is fundamental differences as to what is right and what is wrong.
Slashdot Mirror
matter is just another form of energy.
You have no right to use the software because you did not enter into an agreement with them to use it.
Sometimes it needs to lose value. And I'm not talking about manipulating it free of other concerns, I'm talking about manipulating it in response to demand on money.
How does tieing it to something tangible like gold keep money from fluctuation? Gold's value relative to other goods varies, you know.
That clears that up. For a second there I thought you might be putting most of your money in a checking account.
Perhaps you missed the part in the Bible where it mentions putting your cloak up as collateral.
We intend to eat them too... that's why we're called Imperialists...
France and Germany, of course!
The value of money needs to be manipulated to keep it from inflation and deflation swings.
You keep your spending money in your primary account?
My hungry Imperialists ate your Boogeyman!
More to the point who gets to decide when to increase or decrease the money supply. Your use of the word valuables in this context appears to refer to the notion that money needs to be backed by something like gold. It doesn't.
"gold standard" money
By the way, the gold standard was generally a bad idea, keeping gold from other purposes.
Tell them to feed themselves.
When you've picked one, you have to stick with it. You can't go whining about how it should be, because it isn't.
Why? To all of it.
I know they're called the Grand Old Party, but that's rediculous.
Why try new ways of breaking things when the old work so well?
"gold standard" money
It was a bad idea for the money system to be tied to gold and silver.
No, it's not tied to inflation, it's tied to the fluctuating prices of gold and silver.
Now if only we could convince them to teach interpersonal skills in college. I mean come on, if you can teach an obscenely low level of math in college how hard can it be to teach interpersonal skills. However, interpersonal skills is one of those things that people like to claim can't be taught. I think it's something we need to get past. Practically anything can be taught, can't it?
anyone who wanted to save a few cents on a per letter charge transmission?
Which enemy is more important, the one inside the fence or the one outside?
As long as people can live together in one country, they should. The only reason for there to be more than one country is fundamental differences as to what is right and what is wrong.
Having a national identity based on culture and race is a BAD IDEA.