No cash in California - Page 3

Miraculix · 01-29-2011, 08:00 PM

Quote:

Originally Posted by DkySven

Didn't about all countries drop gold as standard for the value of money many years ago?

Yes, starting with USA. That's the so-called "Nixon shock" that I linked above

Dome · 01-29-2011, 10:50 PM

Whats the point arguing about money? Its not the real cause of the problem.
At the time of the Nixon shock they realized that while peoples apetite grows with the speed of the population growth, the cake does not grow with it. Still people just love to prosper and have an even bigger slice from the cake.
So they imagined prosperity.
So what? Investing in gold or silver wont undone it and bring back the old system. It will only help rich people paying with gold in Abu Dhabi. While we are going to stand in lines for our ration.
http://www.telegraph.co.uk/earth/env...ped-world.html
This gold investing reminds me of the old magician trick where he smashes a watch into pieces and than magic it back.
But we do know its not the same watch.
Going back to the gold system would mean loosing all that imaginary money. But the G20 rules over the 3rd world countries with that money. Why would they let go Africa now? Diamond aint just the girls best friend.

Arafails · 01-30-2011, 02:01 AM

All money is just a shared dream.

Removing cash from the offical economy is going to upset a whole lot of grannies who keep their savings rolled up under the mattress (or equivalent) though. Or, it'll upset the black market they'll begin to depend upon and then distort.

Kyrottimus · 01-30-2011, 02:11 AM

Those who don't know what Μολὼν λαβέ (Molon Labe) means in my signature line, I suggest you look it up as these two words speak volumes as to being defiant in the face of tyranny.

Better to die on your feet than live on your knees. Live free or die!

01-30-2011, 02:01 AM	#23
Arafails Baron Join Date: Nov 2007 Location: Not where it looks like, to either of us. Posts: 706	All money is just a shared dream. Removing cash from the offical economy is going to upset a whole lot of grannies who keep their savings rolled up under the mattress (or equivalent) though. Or, it'll upset the black market they'll begin to depend upon and then distort. __________________ If you can't detect sarcasm yourself, please pay attention when it's pointed out to you. Arathael :: Wyrd Sceote :: Gwn M'ger — Soul Taker, Imperial Guard of Ignis

01-30-2011, 02:11 AM	#24
Kyrottimus Baron Join Date: Apr 2009 Location: Montana, U.S.A. Posts: 690	Those who don't know what Μολὼν λαβέ (Molon Labe) means in my signature line, I suggest you look it up as these two words speak volumes as to being defiant in the face of tyranny. Better to die on your feet than live on your knees. Live free or die! __________________ Μολὼν λαβέ Kyrottimus: 60 - Barbarian (WM) RIP \|\| Rykor: 60 - Knight (WM) RIP Vanosen Sagesight: 60 - Marksman (WM) RIP \|\| Orykus: 60 - Hunter RIP

01-29-2011, 10:50 PM	#22
Dome Apprentice Join Date: Jul 2009 Posts: 90	Whats the point arguing about money? Its not the real cause of the problem. At the time of the Nixon shock they realized that while peoples apetite grows with the speed of the population growth, the cake does not grow with it. Still people just love to prosper and have an even bigger slice from the cake. So they imagined prosperity. So what? Investing in gold or silver wont undone it and bring back the old system. It will only help rich people paying with gold in Abu Dhabi. While we are going to stand in lines for our ration. http://www.telegraph.co.uk/earth/env...ped-world.html This gold investing reminds me of the old magician trick where he smashes a watch into pieces and than magic it back. But we do know its not the same watch. Going back to the gold system would mean loosing all that imaginary money. But the G20 rules over the 3rd world countries with that money. Why would they let go Africa now? Diamond aint just the girls best friend.