150? Big deal. I have benched 250 pounds easily back when I lifted. I could get that up for 5 reps. Speaker told me he only benches 90 pounds and even then he has to have a spotter.Martin Hash wrote: ↑Tue Jan 29, 2019 10:20 amThe average household debt is almost $150K; they sure as hell aren’t getting much.
The Fed
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heydaralon
- Posts: 7571
- Joined: Thu Mar 16, 2017 7:54 pm
Re: The Fed
Shikata ga nai
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Fife
- Posts: 15157
- Joined: Wed Nov 30, 2016 9:47 am
Re: The Fed
I'm not here to spoil your fun. I don't post for you or Martin or anyone else for that matter.
Embrace your programming.
https://mises.org/library/anatomy-state
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Speaker to Animals
- Posts: 38685
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Re: The Fed
Money just needs to be based on a valuable commodity. It doesn't even have to be gold. Whiskey worked fine in these hills until that grifter managed to impose a whiskey tax that nobody could pay because there wasn't any gold or silver.
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DBTrek
- Posts: 12241
- Joined: Wed Jan 25, 2017 7:04 pm
Re: The Fed
You don’t post for anyone?
... makes your motivation a mystery of the first order.
"Hey varmints, don't mess with a guy that's riding a buffalo"
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Fife
- Posts: 15157
- Joined: Wed Nov 30, 2016 9:47 am
Re: The Fed
LOL, speaking of programming.
If my motivation is a mystery, then I'm satisfied.
If my motivation is a mystery, then I'm satisfied.
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Martin Hash
- Posts: 18721
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Re: The Fed
Dude, snap out of it! Money doesn’t have to be based on anything. To think that it does is a failure of comprehension. Here you are, getting insight from a master, yet it doesn’t sink in.Speaker to Animals wrote: ↑Tue Jan 29, 2019 11:19 amMoney just needs to be based on a valuable commodity. It doesn't even have to be gold. Whiskey worked fine in these hills until that grifter managed to impose a whiskey tax that nobody could pay because there wasn't any gold or silver.
Shamedia, Shamdemic, Shamucation, Shamlection, Shamconomy & Shamate Change
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DBTrek
- Posts: 12241
- Joined: Wed Jan 25, 2017 7:04 pm
Re: The Fed
Earth rocks are static. Human productivity dynamic. Representing one with the other is difficult. Fiat currency solves some of those issues.
"Hey varmints, don't mess with a guy that's riding a buffalo"
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Martin Hash
- Posts: 18721
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Re: The Fed
I eat Mises for breakfast. Like I told Speaker, you ignore a once-in-a-lifetime insight because of your own programming.Fife wrote: ↑Tue Jan 29, 2019 11:09 amEmbrace your programming.
https://mises.org/library/anatomy-state
Shamedia, Shamdemic, Shamucation, Shamlection, Shamconomy & Shamate Change
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Martin Hash
- Posts: 18721
- Joined: Wed Jan 20, 2010 2:02 pm
Re: The Fed
People wouldn’t work at all if they didn’t have to. (Think equatorial nations.) Without additional motivation, they wouldn’t work past life’s necessities. The primal motivation for men is fucking. High status leads to fucking the hottest babes, so men work to increase their status. Imaginary money is an ideal way of providing status. The money doesn’t have to be based on anything; as long as there’s more production than consumption, fucking will make the wheels go round.
Shamedia, Shamdemic, Shamucation, Shamlection, Shamconomy & Shamate Change
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Speaker to Animals
- Posts: 38685
- Joined: Wed Nov 30, 2016 5:59 pm
Re: The Fed
How's that working out for Venezuela?Martin Hash wrote: ↑Tue Jan 29, 2019 11:43 amDude, snap out of it! Money doesn’t have to be based on anything. To think that it does is a failure of comprehension. Here you are, getting insight from a master, yet it doesn’t sink in.Speaker to Animals wrote: ↑Tue Jan 29, 2019 11:19 amMoney just needs to be based on a valuable commodity. It doesn't even have to be gold. Whiskey worked fine in these hills until that grifter managed to impose a whiskey tax that nobody could pay because there wasn't any gold or silver.
