Why Issue Treasuries?

[DBTrek]

We need to take a dynamic, non-zero-sum model of growth like the economy, and tie it to a static commodity like gold.
Yep.
That would make everything better.
Wouldn’t be limiting at all.
Wouldn’t be highly inefficient and require a bunch of extra overhead to determine how many microns of gold an egg is worth at any given moment.
Wouldn’t result in the hoarding or the one resource represented by money at all.
Wouldn’t lead to artificial demand driving gold to crazy prices as people scrambled to get their hands on as much as possible.

Nope.

It would simply usher in an era of utopian bliss ... just like it did for all of human history up until 1950 or so.

Derp.

[DBTrek]

It IS the problem. If opportunity was more spread out, people wouldn’t have to resort to ridiculous fantasies.

If opportunity was more spread out?

Opportunity is freely available to all. It’s not a commodity that can be hoarded. Children from the worst circumstances can write multi platinum albums. Invalids confined to wheelchairs can develop ground breaking theories about the universe. Stay at home moms can take stocking fabric and turn it into a multimillion dollar clothing for hefty folks.

What does opportunity spreading even look like, and why must the kulaks be liquidated for it to happen?

Did you just use Rock Stars as an example of opportunity? What fantasy world do you live in?

A world full of wealthy rock stars.
This world.

[Martin Hash]

I assure you, wishing to be a Rock Star or Tom Cruise is immature & unrealistic. There’s an opioid epidemic going on; ask one of them about opportunity. Easy, find a laid off OWG. Most Millennials are in the same boat: 30% live with their parents. And Black male unemployment is 60%.

[Speaker to Animals]

Somebody introduce DB to the concept of fractions.

[DBTrek]

I assure you, wishing to be a Rock Star or Tom Cruise is immature & unrealistic. There’s an opioid epidemic going on; ask one of them about opportunity.

Oh ... I see.

Well, until we all have the same opportunities as heroin addicts I guess shit just ain’t fair. Better take away children’s ability to inherit property until the town junkie lands their six figure job I guess.

Lulz

[DBTrek]

Somebody introduce DB to the concept of fractions.

Someone introduce StA to the concept of economic inefficiency leading directly to lower standards of living and death.

[Speaker to Animals]

Somebody introduce DB to the concept of fractions.

Someone introduce StA to the concept of economic inefficiency leading directly to lower standards of living and death.

LMFAO. Make the case for those things that flies in the face of all human history until the 1970s.

[DBTrek]

Make the case for what?

I’m happy to but I don’t know what you’re asking.

[Speaker to Animals]

Somebody introduce DB to the concept of fractions.

Someone introduce StA to the concept of economic inefficiency leading directly to lower standards of living and death.

Can you describe the lower standard of living and death that Americans suffered until Nixon freed us from gold?

[Hanarchy Montanarchy]

It's DAMN HARD to prevent aristocracies. My god, you're a Royalist, so is everyone posting in this thread. Preventing an aristocracy is what I'm trying to do - probably impossible.

Probably the waiters did not mind being swindled. A Duke is a Duke, even in exile.