Post: #16

LoP Guest  Wrote:

Astrochik  Wrote:

SubarcticBeef  Wrote:

Online currency? Are you out of your f*cking mind?

I have to agree, that online currency will be even less appealing to most - after the paper burns up - at least you can hold paper in your hand...

PMs will be the new "medium of exchange" for when you don't have a match between what the two parties have to exchange...

Money is in existence because it's more efficient than not having money. The notion that something as useful as currency is going to disappear is ridiculous. The only thing that will replace the money we have now is something that is more efficient. An online currency would be much more efficient. Hence it is inevitable that it will be the future.

Sorry that this doesn't fit into your paranoid conspiracy mindset but I'm sure you guys will figure out how to put a NWO insane persecution complex spin on it.

Post: #17

LoP Guest  Wrote:

LoP Guest  Wrote:

Astrochik  Wrote:

I have to agree, that online currency will be even less appealing to most - after the paper burns up - at least you can hold paper in your hand...

PMs will be the new "medium of exchange" for when you don't have a match between what the two parties have to exchange...

Money is in existence because it's more efficient than not having money. The notion that something as useful as currency is going to disappear is ridiculous. The only thing that will replace the money we have now is something that is more efficient. An online currency would be much more efficient. Hence it is inevitable that it will be the future.

Sorry that this doesn't fit into your paranoid conspiracy mindset but I'm sure you guys will figure out how to put a NWO insane persecution complex spin on it.

+1

prepare to be labeled a CIA shill for being rational.

Post: #18

HarryCanyon  Wrote:

Astrochik  Wrote:

HarryCanyon  Wrote:

So what are people that only spam internet forums with webbot nonsense and post youtube videos all day, what are they going to do when we have to barter?

I do not think snake oil salesmen style bullshit is going to be worth very much in the new economy.

welcome to my thread. I hope you enjoy it. Feel free to write anything you want to, or insinuate whatever you care to, about me...you don't know me and I don't know you and I couldn't care less about your opinion, hairy crack!!

what the f*ck are you talking about?
Nice hulking ego you have there, i did not mention anything about you.

you are on my thread, and it's fairly well known that I post webbot threads when there is new material. If you were not referring to me, then please accept my apologies...

I try to post things that are entertaining, helpful, or otherwise have merit.

I catch a lot of grief for posting articles for discussion. I don't get it when people decide to attack me for it, but it's getting to be a bit tiresome... perhaps I am wrong about you. I do see you are defending the position that people who are concerned about the radiation thread of fukushima are fearmongering, overreacting or whatever else you've said, so it seems to me that you are looking to stir up shit on this forum by attacking those who have legitimate concerns about what is happening here.

I just try to post things I think might help people or be of interest. I do not always succeed, this is true.

So who were you referring to when you made that statement?

Post: #19

LoP Guest  Wrote:

LoP Guest  Wrote:

Astrochik  Wrote:

I have to agree, that online currency will be even less appealing to most - after the paper burns up - at least you can hold paper in your hand...

PMs will be the new "medium of exchange" for when you don't have a match between what the two parties have to exchange...

Money is in existence because it's more efficient than not having money. The notion that something as useful as currency is going to disappear is ridiculous. The only thing that will replace the money we have now is something that is more efficient. An online currency would be much more efficient. Hence it is inevitable that it will be the future.

Sorry that this doesn't fit into your paranoid conspiracy mindset but I'm sure you guys will figure out how to put a NWO insane persecution complex spin on it.

You'll never get through to the Paulbots, you might as well talk to a wall.

Post: #20

The problem with the monetary system is the debt, and the money.


The reason we aren't seeing hyperinflation is they money printing is being used to save the debt.

The problem with the money is not just that it's created through debt, "if you pay off the debt, the money vanishes"-that's not actually true in every sense. The problem is WHO creates the money and their motives.

This system could be fixed by eliminating the unsupportable debt, and changing the monetary authority. The big banks are incompetent, and they control the money and are creating the derivatives debt.

Take their toys away.

They will still be wealthy, and can make a great living loaning people money at low interest to do productive things.

Right now they are debasing the currency and PRODUCTION to save the debt.

There is no crisis without these idiots' games. Make them quit speculating, and start INVESTING.

Close the casino. We don't need SPECULATOR-TRADERS for price discovery.

Reregulate the banks, Republicanize the monetary authorities, clamp down on Wall Street with a set of rules that reward smart Investment, not tricky algorithms and coordinated attack/harvest schemes.

And throw the derivatives in the garbage, just wipe them out. Along with a lot of the other debts that are hobbles to our people. Like credit card debt that is just debt on the interest on the interest. Like the national debt.

That has to be done in a way that doesn't damage the legitimate banking system, or legitimate creditors. It'll take a lot of sorting through.

This system is unsustainable, but only because the people who are in charge of it are sociopaths.

Europe is in trouble because Spain and Greece can't be just like Germany? Really?
Well, how about not trying to pretend they can become Germany. Problem solved.

Wipe out the debt they can't ever pay, and let them go back to work, their own way.

Do the same everywhere. This debt they are trying to preserve can't be paid. That's the problem. Get rid of that, then they can go back to work, and start paying interests on reasonable debts they accrue from reasonable enterprises, at reasonable interest.

We may have looming energy crisis on th horizon, but there isn't one NOW. There is no raw material we lack to continue humming along nicely. It's the odious debt that's the problem.

That relates to the true part of "when you eliminate the debt, the money vanishes" it's not that the money vanishes, it's that in a debt based monetary system the debt outpaces the money. You get to a point of overwhelming debt.

Stop issuing money through debt. Instead of lending it into existence, governments issue it for infrastructure improvements, and the private economy grows to absorb the growing quantity of money. If there isn't enough money in the system, it can be spent into the economy through social programs, and if there is too moch money in the system, you can tax it back out.

The banks like this system better because everything they do gives them more claims on the real economy. But once you get a debt overhang, it's FUBAR because if we can't work, we can't produce the tangible wealth these idiots desire.

Austerity makes it worse.

Post: #21

Vanishes into thin air? Does that mean its going to be raptured?!

Post: #22

I've got 600,000 dollars of Cobra currency..... I paid attention..... Knowing is half the battle.....

http://www.youtube.com/watch?v=Xtd_9yzIkf8

Post: #23

Skippy  Wrote:

I've got 600,000 dollars of Cobra currency..... I paid attention..... Knowing is half the battle.....

http://www.youtube.com/watch?v=Xtd_9yzIkf8

So cobra wants so replace fiat currency with gold backed cobra dollars?


Does this not make them the good guys? Im confused...

Post: #24

pandamonium

you better hope your wife, girlfriend, daughter knows tricks....cause thats the only thing thats gonna have value

Post: #25

HarryCanyon  Wrote:

Skippy  Wrote:

I've got 600,000 dollars of Cobra currency..... I paid attention..... Knowing is half the battle.....

http://www.youtube.com/watch?v=Xtd_9yzIkf8

So cobra wants so replace fiat currency with gold backed cobra dollars?


Does this not make them the good guys? Im confused...

It's probably gold plated zinc....

Like our fake "pennies".... our money is so worthless it's not worth real copper anymore....

They took away the gold in 1913.... the silver in 1964.... and the copper in the 80's.... Pretty soon there will be no metal used at all.... just plastic.....

Post: #26

Day One, the first 15 minutes of the collapse, I'm going full Mad Max.

Why wait?

I already have a Thunderdome constructed for LOPers amusement. It's right next to my Atomic Cafe bar and grill and cat house

http://www.youtube.com/watch?v=Uouqnng_Xro

Post: #27

SubarcticBeef  Wrote:

Barter system.

Lurky Lew  Wrote:

Barter and trade.

No. Collectivized moneyless system. At least thats what you'll see me trying to build

Post: #28

Luvapottamus  Wrote:

The problem with the monetary system is the debt, and the money.


The reason we aren't seeing hyperinflation is they money printing is being used to save the debt.

The problem with the money is not just that it's created through debt, "if you pay off the debt, the money vanishes"-that's not actually true in every sense. The problem is WHO creates the money and their motives.

This system could be fixed by eliminating the unsupportable debt, and changing the monetary authority. The big banks are incompetent, and they control the money and are creating the derivatives debt.

Take their toys away.

They will still be wealthy, and can make a great living loaning people money at low interest to do productive things.

Right now they are debasing the currency and PRODUCTION to save the debt.

There is no crisis without these idiots' games. Make them quit speculating, and start INVESTING.

Close the casino. We don't need SPECULATOR-TRADERS for price discovery.

Reregulate the banks, Republicanize the monetary authorities, clamp down on Wall Street with a set of rules that reward smart Investment, not tricky algorithms and coordinated attack/harvest schemes.

And throw the derivatives in the garbage, just wipe them out. Along with a lot of the other debts that are hobbles to our people. Like credit card debt that is just debt on the interest on the interest. Like the national debt.

That has to be done in a way that doesn't damage the legitimate banking system, or legitimate creditors. It'll take a lot of sorting through.

This system is unsustainable, but only because the people who are in charge of it are sociopaths.

Europe is in trouble because Spain and Greece can't be just like Germany? Really?
Well, how about not trying to pretend they can become Germany. Problem solved.

Wipe out the debt they can't ever pay, and let them go back to work, their own way.

Do the same everywhere. This debt they are trying to preserve can't be paid. That's the problem. Get rid of that, then they can go back to work, and start paying interests on reasonable debts they accrue from reasonable enterprises, at reasonable interest.

We may have looming energy crisis on th horizon, but there isn't one NOW. There is no raw material we lack to continue humming along nicely. It's the odious debt that's the problem.

That relates to the true part of "when you eliminate the debt, the money vanishes" it's not that the money vanishes, it's that in a debt based monetary system the debt outpaces the money. You get to a point of overwhelming debt.

Stop issuing money through debt. Instead of lending it into existence, governments issue it for infrastructure improvements, and the private economy grows to absorb the growing quantity of money. If there isn't enough money in the system, it can be spent into the economy through social programs, and if there is too moch money in the system, you can tax it back out.

The banks like this system better because everything they do gives them more claims on the real economy. But once you get a debt overhang, it's FUBAR because if we can't work, we can't produce the tangible wealth these idiots desire.

Austerity makes it worse.

Right. But why try to keep upholding a STUPID FAILED system. WHY NOT JUST KILL IT NOW?

Post: #29

MoneyKilla  Wrote:

SubarcticBeef  Wrote:

Barter system.

Lurky Lew  Wrote:

Barter and trade.

No. Collectivized moneyless system. At least thats what you'll see me trying to build

Why wait?

If it works better, it will probably catch on.

Post: #30

MoneyKilla  Wrote:

Right. But why try to keep upholding a STUPID FAILED system. WHY NOT JUST KILL IT NOW?

I don't want to uphold the failures of the system.

Greenbacks worked very well.

Along with financial regulation and protectionism.

I've lived in collectivist communities. They didn't work very well. Some do, but not the ones I tried out. One of them was pretty cool, but it had serious limitations.

There are many successes to the system. It should be constantly debugged and perfected. Starting with ending debt-based money.

"To form a more perfect union..."

I want to get to Star Trek. Money should just be a public utility for the development of culture and science. This current system sucks, because the incentives and motives go against that too much.