Biggest Fraud/Scam in Human History

Discussion in 'Economics' started by bearice, Apr 26, 2011.

Inflation is the biggest fraud/scam in human history?

  1. Yes

    26 vote(s)
    61.9%
  2. No

    16 vote(s)
    38.1%
  1. World movies are one of the biggest waste of money to the world economy. The many billions of dollars invested in productions of millions of movies worldwide can be put to good use in other important industries. Movies world is fantasy and stupid world. People who are addicted to movies have no knowledge of the real world out there and these people create many problems for the world economy.

    Something should be done about the world movies industry.
     
    #51     May 1, 2011
  2. China ban on smoking in public places comes into force

    http://www.bbc.co.uk/news/13251926

    Ban worldwide cigarettes and alcohol and invest the $500 Billion from these useless industries into other important industries such as agriculture.
     
    #52     May 1, 2011
  3. #53     May 1, 2011
  4. Reply to: Animals never use any medicines modern or herbal. Animals are the strongest, most powerful and always healthy. Why?

    Member:

    Yes, animals are heatlhy, IF they live in polution free land, no chemicals, no pesticides.

    most humans today are far far away from our natural state. from what we were doing/eating 1000 or 5,000 years ago.

    before, the man used his muscles for most of the day, was exposed to direct sunlight, was sweating, running, was surrounded by trees and walked on earth barefoot.

    there was no stress over money, job, price of oil. there was only a heathly instinct - to survive. to progress.

    most people in western world today are living in dark ages. or even worse than dark ages.
     
    #55     May 1, 2011
  5. ANTI-CORRUPTION HOTLINE

    Report allegations of fraud & corruption involving World Bank Group-financed operations, supported activities, or staff

    Email: investigations_hotline@worldbank.org
     
    #56     May 1, 2011
  6. Reply from an economist:

    I agree with the estimate of China's immense "militia." There are tens of millions of young men and women moving around the countryside looking for work, living in temp shelters, footloose and with a deep anger about their fate of being shut out of the ancient, sacred family tradition they share with all Chinese, The unattached mobs of young men have always been tender boxes. This is so immense it is hard to grasp its implications. Since China is allying with Russia, Pakistan, Iran, and central Asia with all of that oil and gas, it's a potentially great global shift, if they can solve their bureaucracy problems.

    Thanks for the good articles. The Chinese et al. will probably buy gold quietly and slowly to avoid rapid price hikes. It will be hard to detect directly, but people like Soros and Faber might have sources to watch. This could become a massive move toward a new currency base to escape the U.S. Fed's tsunami of trash paper and its Global Inflation Bubble.
     
    #57     May 1, 2011
  7. zdreg

    zdreg

    his posts are good starting points for discussions.

    you should learn how to spell.
    if you can't spell use the spell checker.

    your kind of curses usually go full circle.
     
    #58     May 1, 2011
  8. zdreg

    zdreg

    + a shortage of women in china. there must be cinders everywhere.

    your poll is too narrow. one of the five biggest scams, rather than the biggest, would have been a better subject for your poll.
     
    #59     May 1, 2011
  9. Past 65 years world inflation must have robbed/scammed world people of $50 Trillion or $500 Trillion or $1000 Trillion. Inflation robs people of Purchasing Power (same as a tax). Inflation is an invisible tax that is used to spend more than gov't takes in. Inflation of fiat money is easy when there are no hard assets backing the money. Inflation transfers productivity and assets of workers to those who sit in chairs and create the fiat money (or loan it out).

    So inflation is the Biggest Fraud/Scam in Human History.
     
    #60     May 1, 2011