Matches for from:BlueMeanie4, 754 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 01:49:24 UTC 2014 <BlueMeanie4> debt is the basic thing that gives money substance
Sun Aug 24 01:48:48 UTC 2014 <BlueMeanie4> i guess you get to be right until bitcoin fails?
Sun Aug 24 01:48:17 UTC 2014 <BlueMeanie4> every working currency we have is debt backed
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 01:45:08 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
Sun Aug 24 01:43:18 UTC 2014 <BlueMeanie4> how
Sun Aug 24 01:43:12 UTC 2014 <BlueMeanie4> but can i resell that risk?
Sun Aug 24 01:42:57 UTC 2014 <BlueMeanie4> i give you 10 beans on christmas day 2015
Sun Aug 24 01:42:48 UTC 2014 <BlueMeanie4> pretty simple
Sun Aug 24 01:42:44 UTC 2014 <BlueMeanie4> i can write a contract lets say a futures contract right?