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peepee
08 Nov 2017 06:49 am
08 Nov 2017 06:49 am
peepee
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dantev2 writes: "Money is simply a representation of value in a capitalist system. The value, in the end, must come from somewhere. Value cannot be "created out of thin air." It is mathematically impossible. When the central bank expands its balance sheet by buying securities from the primary banks,...
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indago
08 Nov 2017 06:29 am
08 Nov 2017 06:29 am
indago
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So, what is "monetary realism"?...
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peepee
08 Nov 2017 06:12 am
08 Nov 2017 06:12 am
peepee
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...no need for internet 'friends'...i do value readership though...thanks...it seems you are on the path towards 'monetary realism' much much more advanced than the squirmy/stinky/dildo clan of phony republican rodeo radioers... ...i believe you, sir, would benefit greatly from reading jerry voo...
— LiberalForum Archive
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Dantev2
08 Nov 2017 01:04 am
08 Nov 2017 01:04 am
Dantev2
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I will restate what I posted earlier - money is simply a representation of value. Creating more money (creating more "storage" of value) only changes the ratio of money/goods & services, it DOES NOT change the fact that the ratio will adjust to its "true" value eventually. To use Sgt. Dildo's ...
— LiberalForum Archive
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Dantev2
08 Nov 2017 12:50 am
08 Nov 2017 12:50 am
Dantev2
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Bad move, friend. Do not ask me to defend a system I don't agree with. I would gradually do away with money altogether. I took issue with your criticism because your mortars are launched in the wrong direction - it is interest and not "printing money" that you ought to concern yourself with. Fiat ...
— LiberalForum Archive
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Cannonpointer
07 Nov 2017 09:19 pm
07 Nov 2017 09:19 pm
Cannonpointer
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The little darling has a point, dantev....
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Cannonpointer
07 Nov 2017 09:18 pm
07 Nov 2017 09:18 pm
Cannonpointer
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Google, "counterfeiting." When you've exposed yourself to the fact that money CAN BE AND IS "created out of thin air," you can then take on the task of explaining precisely what makes the original fed notes more "authentic" and more "valuable" than their counterfeit cousins. I will be waiting raptl...
— LiberalForum Archive
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Sgt Bilko
07 Nov 2017 07:07 pm
Sgt Bilko
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He had the same difficulty there. Trey Gowdy was upset with him....
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Sgt Bilko
07 Nov 2017 06:58 pm
07 Nov 2017 06:58 pm
Sgt Bilko
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It is obvious to the casual observer that you are an ignorant atheist windbag spouting gibberish nonsense about everything. First the Federal Reserve banks do create money out of thin air as part of the Quantitave Easing 1, 2, 3 etc. Magically they gave money to banks where none existed before. Th...
— LiberalForum Archive
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Nobody
07 Nov 2017 06:30 pm
Nobody
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I'm not talking about what he has said in interviews. I'm talking about what he said under oath. Steele claimed in the dossier that a Russian diplomat in Washington was in fact a spy, and that turned out to be true....
— LiberalForum Archive