I'm a philosophy major. Understanding logic and the various logical fallacies helps with trading, and approaching life in general, because it...
If someone limits value creation to tangible things only, like making trinkets, go to landfill, and see the ultimate value of trinkets. They're...
You really need to read my posts more closely. I wouldn't have been talking about deflation if it wasn't understood that gold's circulation...
I never said that fiat was necessary for anything. I said that hard currency is useless and would undermine economic prosperity. If you look back,...
Tired of thinking critically are we? There's good reasons the vast majority of academic economists ignore the austrian school. But if Ron...
Who cares about the amount of gold above ground, your link gave no indication of how much gold is left to be mined in the future. It's not...
Then you should know scarcity of resources more than any economist. It should be obvious to you that gold can't be mined forever. Anyway,...
If central banks were abolished their gold would be private and a monopoly. It would up in the air. If gold was for whatever reason deemed the...
You obviously misread my post, I said the paper represents the metal, not the other way around. I did refer to paper as money, which is what it is...
I think what I'm trying to get to is that making money out of metal is no better than paper. If the metal becomes scares, you're saying the...
If we tie our money down with "precious" metals, we'll sure get rid of inflation. But inflation isn't always bad. It's the counterpart of...
My question is to the people who talk about reviving the gold standard.. In the event of a catastrophic collapse of the global financial...
Definitely. You said it better than I could.
Wouldn't it be more reasonable to say that the market is affected by everyoneâs use of the default settings? Surely, there are more investors...
It's also because the sky is blue, and not green. I've wondered lately if the electronic exchanges should just be based on the moon. We'll...
I didn't see the moon lately, but it must have been wobbling off its axis awfully bad, the whole day was characterized by a psychotic wobbling....
You're confusing the stock market with the economy. The economy cannot act like a stock market and shed prices easily simply because of low...
Regardless, if you know anything about Canadian politics, you would know the Conservatives ie. (Canadian Alliance and PC) would identify less with...
When they go to the states, you won't see them having dinner with the Democrats. That's all I need to say. :D I know they're apples and...
There are plenty of people like you in Canada, they're called conservatives. They show the exact same contempt for Canada. For people who don't...
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