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originally posted by: Aazadan
originally posted by: NoFearsEqualsFreeMan
originally posted by: Bluntone22
originally posted by: NoFearsEqualsFreeMan
originally posted by: Arnie123
If you want to eat and live, yes.
originally posted by: strongfp
a reply to: face23785
Does money even matter anymore?
Didnt know you could eat money, i never ate any money, and i still live?
They only matter, because human beings, generally are pretty stupid.. Money is worth NOTHING, but we still use it to trade... No wonder the world is in a huge debt to someone or somebody....
Would you rather buy a car with chickens?
Money is a perfect way to trade merchandise.
The ability to borrow money is the problem.
I was thinking chickens aswell Joking aside, in the old days you could get your moneys worth in gold. Money should be worth something, and in these global times, it should be worth exactly the same all over the world.
Couldnt money be worth time? one hour, could be worth $60 dollars or something like that.
And private banks shouldnt be the one generating them, and then lending them to us, we can NEVER repay our debt that way. I agree that borrowing money is a problem. Atleast it shouldnt be allowed to put interrest on a loan.
Ahh, a supporter of Communism I see. All time/labor is worth the same per hour.
By the way, there is not enough gold in the world (mined or in reserves) to cover the value of money in just the US much less the rest of the world. You could take every precious metal on earth plus all oil reserves in the world and that would just about get you to the value of USD out there, but everyone else would be left with nothing.
Backing currency with goods is not at all realistic.
originally posted by: Aazadan
originally posted by: NoFearsEqualsFreeMan
originally posted by: 3n19m470
originally posted by: NoFearsEqualsFreeMan
originally posted by: Bluntone22
originally posted by: NoFearsEqualsFreeMan
originally posted by: Arnie123
If you want to eat and live, yes.
originally posted by: strongfp
a reply to: face23785
Does money even matter anymore?
Didnt know you could eat money, i never ate any money, and i still live?
They only matter, because human beings, generally are pretty stupid.. Money is worth NOTHING, but we still use it to trade... No wonder the world is in a huge debt to someone or somebody....
Would you rather buy a car with chickens?
Money is a perfect way to trade merchandise.
The ability to borrow money is the problem.
I was thinking chickens aswell Joking aside, in the old days you could get your moneys worth in gold. Money should be worth something, and in these global times, it should be worth exactly the same all over the world.
Couldnt money be worth time? one hour, could be worth $60 dollars or something like that.
And private banks shouldnt be the one generating them, and then lending them to us, we can NEVER repay our debt that way. I agree that borrowing money is a problem. Atleast it shouldnt be allowed to put interrest on a loan.
Well speaking of not being religious, the Bible forbids the charging of interest on a loan. So, there may be some kind of a religious issue going on here for some people. I guess Paying interest is not forbidden tho. Too bad. They had the start of something decent.
Didnt know that. I did know that muslims forbids it aswell (or have something similar, in their religion).
If i can find a religion or cult that forbids me to pay interest, i might just join
Not 100% on Christian/Jewish teachings on this, but I think both of them are supposed to completely forbid interest. Muslim teachings are that interest is allowed because it defines usury slightly differently. In the Muslim world usury not only refers to interest rates but to the concept of money charging interest on money. So instead their banking system works buy buying a product for someone who wants a loan, charging a premium for that product as the price of the loan, and then letting the person repay that value in order to own the product. They allow loans, but they do not allow compound interest.
i'm of the mind that the Debt growth is largely College Money Debt....a flood of Illegal Immigrants....maintaining a Global Military Presence to Force Finance & Trade in Amerika's favor
originally posted by: NoFearsEqualsFreeMan
Thanks, that is interesting. I suppose their will allways be loopholes to exploit.