Matches for BlueMeanie4, 1028 total results Sorted by newest | relevance
Sun Aug 24 01:50:24 UTC 2014 <BlueMeanie4> no it isn't - quite the opposite using gold or other commodities for money were a feature of primitive societies- you seem to have it backward
Sun Aug 24 01:49:40 UTC 2014 <mircea_popescu> BlueMeanie4 this is like saying vishnu is the basic thing giving the world movement.
Sun Aug 24 01:49:24 UTC 2014 <BlueMeanie4> debt is the basic thing that gives money substance
Sun Aug 24 01:48:55 UTC 2014 <mircea_popescu> BlueMeanie4 exactly.
Sun Aug 24 01:48:48 UTC 2014 <BlueMeanie4> i guess you get to be right until bitcoin fails?
Sun Aug 24 01:48:20 UTC 2014 <mircea_popescu> BlueMeanie4 http://trilema.com/2012/the-problem-of-too-much-money/ << there you go.
Sun Aug 24 01:48:17 UTC 2014 <BlueMeanie4> every working currency we have is debt backed
Sun Aug 24 01:47:47 UTC 2014 <mircea_popescu> BlueMeanie4 the ethos is quite well defined.
Sun Aug 24 01:47:37 UTC 2014 <BlueMeanie4> theres nothing wrong with securitization, it's just like debt based money- a school of morons believes it is evil by some undefined ethos
Sun Aug 24 01:46:50 UTC 2014 <mircea_popescu> !up BlueMeanie4
Sun Aug 24 01:45:08 UTC 2014 <BlueMeanie4> they are not inherently destructive
Sun Aug 24 01:45:02 UTC 2014 <BlueMeanie4> while thats a valid point, i dont think they failed BECAUSE of securitization altough these new methods did destablize
Sun Aug 24 01:44:26 UTC 2014 <BlueMeanie4> generates massive amounts of wealht
Sun Aug 24 01:44:19 UTC 2014 <BlueMeanie4> its very powerufl
Sun Aug 24 01:44:16 UTC 2014 <BlueMeanie4> and it can change hands
Sun Aug 24 01:44:13 UTC 2014 <BlueMeanie4> and the default collateral i can put on the market
Sun Aug 24 01:44:04 UTC 2014 <BlueMeanie4> i can make that futures contract
Sun Aug 24 01:44:00 UTC 2014 <BlueMeanie4> in modern markets
Sun Aug 24 01:43:44 UTC 2014 <BlueMeanie4> because the VALUE of that RISK doesnt float on the market
Sun Aug 24 01:43:34 UTC 2014 <BlueMeanie4> no thats not exactly the same