tag:blogger.com,1999:blog-2761684730989137546.post5508442984486668500..comments2024-03-29T09:32:34.853-04:00Comments on Mike Norman Economics: Nafeez Ahmed — This is how UN scientists are preparing for the end of capitalismmike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger13125tag:blogger.com,1999:blog-2761684730989137546.post-82006306836673475842018-09-26T23:25:25.139-04:002018-09-26T23:25:25.139-04:00Scarcity increases the need for honest pricing whi...<i>Scarcity increases the need for honest pricing which is essential to prosperity.</i> Bob<br /><br />There's nothing honest about needlessly expensive fiat any more than $700 government hammers.<br /><br />If you want honest pricing, all citizens should be allowed inherently risk-free checking/debit accounts at the Central Bank itself and all other privileges for the banks responsibly abolished too. Then the demand for fiat will no longer be suppressed by limiting its use largely to the banks.<br /><br />Or have you forgotten that it's supply AND demand that matter, not just supply?Andrew Andersonhttps://www.blogger.com/profile/14296407661618321637noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-35752559127887468012018-09-26T21:27:44.476-04:002018-09-26T21:27:44.476-04:00Bob
That’s only mildly true if the scarcity is re...Bob<br /><br />That’s only mildly true if the scarcity is real and not contrived<br /><br />Contrived scarcity is simply another form of dishonest pricing,to use your vernacular <br />The large majority of scarcity is contrived . Someone is choosing to limit supplies of something they control enough of to profit handsomely <br /><br />There is very little of the things we need that is truly scarce.<br /><br />Greghttps://www.blogger.com/profile/03139782404004492965noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-60566303819392325012018-09-26T10:31:01.700-04:002018-09-26T10:31:01.700-04:00@ Roddis:
You had hours to think of a witty repar...<b>@ Roddis:</b><br /><br />You had hours to think of a witty repartee, and that was the best you could do? You're even more feeble than I had feared.<br /><br />I only ask that you say something different once in a while. Once a year at least. Simply repeating a meaningless remark does not make it witty.<br /><br />Fiat funny money. <br />Fiat funny money.<br />Fiat funny money.<br />Fiat funny money.Konradhttps://www.blogger.com/profile/01739209449391854796noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-60629357796434357722018-09-26T05:33:05.425-04:002018-09-26T05:33:05.425-04:00Also, while nothing necessarily prevents inexpensi...Also, while nothing necessarily prevents inexpensive fiat, mainly in the form of account balances at the Central Bank, from replacing bank deposits, expensive fiat, e.g. a gold standard, would make that unfeasible since it would make gold too expensive for other uses, including wedding bands.<br /><br />So to be pro-expensive fiat is to be pro-bank.Andrew Andersonhttps://www.blogger.com/profile/14296407661618321637noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-57028227262471282312018-09-26T05:22:37.615-04:002018-09-26T05:22:37.615-04:00Ah yes, spending by the monetary sovereign creates...Ah yes, spending by the monetary sovereign creates bank deposits as well as fiat. But the banks create bank deposits too which confounds the issue of what might be causing price inflation.Andrew Andersonhttps://www.blogger.com/profile/14296407661618321637noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-23538328018788429462018-09-26T05:17:44.849-04:002018-09-26T05:17:44.849-04:00How can fiat funny money be a problem when, except...How can fiat funny money be a problem when, except for mere physical fiat, i.e. bills and coins, the non-bank private sector may not even use fiat?Andrew Andersonhttps://www.blogger.com/profile/14296407661618321637noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-7908832034021587952018-09-26T04:03:55.344-04:002018-09-26T04:03:55.344-04:00@Bob Roddis
You are appealing to violence violenc...@Bob Roddis<br /><br />You are appealing to violence violence violence :-)<br /><br />----------<br /><br />Two can play your Humpty Dumpty word games, Bob: I have the same right you have to re-define violence to mean whatever I wish it to mean. And I say you are being <b><i>violent</i></b>.Magpiehttps://www.blogger.com/profile/07528637318288802178noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-28346015971185614502018-09-26T00:52:03.687-04:002018-09-26T00:52:03.687-04:00Konrad: Your demonstrated ignorance, side-steppin...Konrad: Your demonstrated ignorance, side-stepping and inability to engage are always something to look forward to.Bob Roddishttps://www.blogger.com/profile/17263804608074597937noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-15661043463642099802018-09-25T22:33:42.887-04:002018-09-25T22:33:42.887-04:00Fiat funny money.
Fiat funny money.
Fiat funny mon...Fiat funny money.<br />Fiat funny money.<br />Fiat funny money.<br /><br />That's all you ever have to say in any of your comments. Please change the broken record disk.<br /><br />Incidentally, people no longer "move farther and farther away from the cities." On the contrary, people are now converging on cities. It's called <b>gentrification.</b><br /><br />Hey, why not make blogging pay? You and Franko could form a professional singing duet...<br /><br />Fiat funny money.<br />Unqualified.<br />Fiat funny money.<br />Art major.<br />Fiat funny money.<br />Stochastic.<br />Fiat funny money.<br />I'm a genius.Konradhttps://www.blogger.com/profile/01739209449391854796noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-4053740362764717022018-09-25T20:01:38.216-04:002018-09-25T20:01:38.216-04:00What utter nonsense. Scarcity increases the need f...What utter nonsense. Scarcity increases the need for honest pricing which is essential to prosperity. In fact, it is fiat funny money which destroys honest pricing and encourages the unsustainable mal-investment and over-investment that is leading to the burn-out. People buy houses and induce sprawl because houses are an inflation hedge. No fiat funny money, no inflation and no need for an inflation hedge. Why do people move farther and farther away from the cities? To get away from inner city government schools. It's the government that's involved in all of the endless wars. How can anyone attribute special wisdom to those mass murderers? Wake up. <br /><br />Also note that fiat funny money has nothing to do with "capitalism".Bob Roddishttps://www.blogger.com/profile/17263804608074597937noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-3013219015842392472018-09-25T15:24:27.625-04:002018-09-25T15:24:27.625-04:00Most preppers are stockpiling ammunition.Most preppers are stockpiling ammunition.Noah Wayhttps://www.blogger.com/profile/12012500819097539976noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-39732933363730054322018-09-25T14:36:53.667-04:002018-09-25T14:36:53.667-04:00“Scarcity philosophy…” ~ Ryan Harris
Yes.
Consi...<i> “Scarcity philosophy…”</i> ~ Ryan Harris<br /><br />Yes. <br /><br />Consider the byline… “As the era of cheap energy comes to an end, capitalist thinking is struggling to solve the huge problems facing humanity. So how do we respond?”<br /><br />How about using that gigantic fusion reactor in the sky, which has been there for several billion years, and will be there for several billion more <b>at no charge,</b> and with no pollution? Why can’t we use that?<br /><br />Many people refer to such notions as “naïve.” <br /><br />I say they are addicted to scarcity thinking because they <b>love to whine.</b>Konradhttps://www.blogger.com/profile/01739209449391854796noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-6394482565649687942018-09-25T13:08:24.875-04:002018-09-25T13:08:24.875-04:00Scarcity philosophy...Scarcity philosophy...Ryan Harrishttps://www.blogger.com/profile/04815033054435303399noreply@blogger.com