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  • ClaytonB's Avatar
    Today, 11:07 AM
    I've always found this a very odd tendency in the Internet age -- it's like asking where this specific bucket of water drawn from the ocean came from. There's no way to know, it's an ocean. I realize that, in the pre-Internet age, this made a lot of sense. In the time of newsletters, bulletins, journals, etc. knowing who to trust mattered a lot. But now the information is just freely copy/pasted far and wide, so it's usually more important to know how to snarf out valuable information (whoever it may come from) than to know who it originated from. Not always, but usually. The British colonized much of the world on the basis of their closed-door system of social titles and rank,etc. The Americans expanded and deepened this colonization using the hard power of military force. The Indian method is more laid back. They colonize by just going to other parts of the world and being Indian. They're playing the long game -- after there are no more bombs left to drop because modernity has collapsed on itself, people will still be people. And the only question at that time will be what sort of life is the good life, as it was in ancient Greece, for example. The culture of India has astoundingly deep insight into that question. It doesn't seem like the kind of thing that could conquer the world... but after the bomb-worshipers finish obliterating each other, it certainly could conquer the world...
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    09-22-2022, 09:54 AM
    Time to bring back the gossip's bridle?
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    09-21-2022, 07:25 PM
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    09-19-2022, 11:29 PM
    That's. A real thing that really exists... :nauseated: We are truly in Clown World... :rolleyes:
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    09-19-2022, 05:55 PM
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    09-19-2022, 11:05 AM
    The "how" doesn't matter. What matters is that the official story is a provable lie. And as for "impossibility", please never attend a stage-magic show, you will be existentially undone. What is "possible" or "impossible" is entirely a matter of perspective...
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    09-18-2022, 09:59 PM
    :raisinghand:
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    09-18-2022, 09:53 PM
    That's so hilarious I had to make an edit...
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    09-18-2022, 09:32 PM
    You're standing exactly where I was standing circa 2009 when I began my journey on 9/11 truth. And I'll skip ahead 13 years of learning to give you the punchline: it doesn't matter how it was done, it was a false flag used to start illegal wars and pass a raft of literal Enabling Act legislation (Patriot Act, NDAA, MCA, NDAA2, etc.) Nobody is denying the fact of blowback from US foreign policy and, of course, Ron Paul is exactly on-point that that's the primary lesson that the politicians in Congress, and even many ordinary Americans, need to learn from 9/11. But the fact remains that not only did they lie, they all lied, on record, in the biggest cover-up in history except for the crucifixion itself. Was it planted charges? Remotely-operated drones? Were the hijackers actually on the planes or just executed and their bodies disposed at sea? Was it holograms or CGI? Who knows and, frankly, it doesn't matter because no matter which of these stories is the true one (or something else altogether), what we know for sure is that the official report is provably and materially false. Can you think of any other massive political event that was surrounded by exactly the same cloud of supposed "fog-of-war confusion"? How many different versions of JFK's assassination have you heard? The MO is a fingerprint and it's a complete give-away. I'm not black-pilling, either. I'm just saying that you have to let the facts say what the facts say, no matter how uncomfortable it is. And I don't need to convince anyone to believe that the WTC towers were destroyed by controlled demolition. But people do need to wake up to the fact that they're being lied to in all the ways that are supposed to be impossible because of all the "terrible consequences" that would happen to the people in charge if they lied on record. That's precisely what they've been doing for many decades -- longer than I've been alive -- on an industrial scale... cosmic even. They are lying so hard it can't even be explained in words how much they're lying. Not all of it is provable, but anyone with basic common-sense and two brain-cells to rub together can easily arrive at 99.9% confidence that they are being lied to just by comparing the known historical facts of these events with the official story about them. We are being lied to by the very people who can put us in prison for 30 years to life for lying to a federal official. Think about that power-differential. Think about how that plays into plea-deals. Wanna risk getting 30 years in federal prison while trying to prove a speculative theory about how you think someone in office broke federal law and lied on record? Now, think about the implications to representative government. How are the States supposed to be holding the Federal government to its constitutional obligations when there is this absurd differential in power? The table is tilted, they have their thumb on the scales... no, they've parked a Mack truck on the scales and we're required pretend that their "justice" is blind. Well, it's blind, but not in that sense... This is why people need to wake up and stop accepting "The Narrative". There are many paths to that destination. If 9/11 doesn't work for you, that's OK. Find another path. But if you have even one honest cell in your body, your arrival at the destination is inevitable, because nobody can honestly believe the lies we are being told after informing themselves about what is really going on, even slightly. Ron Paul has played a key role in starting this ball rolling... it's up to us to keep the momentum...
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    09-18-2022, 08:32 PM
    Sorry. Not sorry... :tears:
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    09-18-2022, 04:01 PM
    Yet more student lecturing the professor. Schumpeter was a confused economist, at best. If you want to understand the points you are trying (and failing) to make in respect to the corruption of the market by the "elites", give this lecture a go: Gabb is the kind of conservative that you keep mistaking me for (which is why I am recommending him), but he has his head screwed on correctly and knows up from down.
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  • ClaytonB's Avatar
    09-18-2022, 03:30 PM
    There is nothing worth replying to, however: That's your problem right there. "Believe in" is either a religious or political sentiment that is useless for understanding human action (that is, human choice). Since you're a history buff, I assume you've read a lot of long, dry books. Take a shot at Human Action sometime, it's not a difficult read but you might want to keep a notebook handy and jot down definitions along the way. That's the best I can do for you, consider it a life-ring thrown to a drowning man who keeps insisting he's a fish....
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  • ClaytonB's Avatar
    09-18-2022, 09:22 AM
    Against what?! I'm not against Congress defining the dollar in terms of a fixed weight of gold, or silver. If they do this near market rates, for both metals, however, it's going to cause problems. There is a long history of this, so I would imagine that a historian would know how to dig up some books and read about it to understand it from a historical perspective. Price controls literally cannot help anything and, in fact, necessarily cause harm. The popular myth to the contrary is based on a fundamental failure to understand human choice, and trade. By definition, any two people who are voluntarily trading are both benefiting from the trade. Re-read that sentence before you speak -- it's true by definition. Yet, despite the fact that this is true by definition, as well as relatively obvious, this is not well understood among the public because of the prevalence of disinformation about basic economic facts. The purpose of this disinformation is to keep the masses in general ignorance and confusion resulting in permanent poverty. A price-control prohibits a mutually-beneficial trade that would have occurred from occurring. This is the opposite of a Pareto improvement -- the result of a price-control is that there are two people who are made worse off, for sure, and nobody else is made any better off. Yeah, I've seen every variation of this "Jesus was akshually a socialist" schtick and it's... not true.
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  • ClaytonB's Avatar
    09-17-2022, 03:01 PM
    I've misunderstood nothing in this thread. Cut it out with the poisoning-the-well fallacy and other rhetorical dirty tricks. If you want to point out a specific claim you believe is erroneous and debate it, let's go. I'll keep bringing the hurt, all day, every day...
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    09-17-2022, 12:09 PM
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    09-17-2022, 09:38 AM
    Sometimes, all the details matter. This is one of those topics where all the details matter. Cute, pithy summaries just play into the confusion that Snowball is agitating in this thread.
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  • ClaytonB's Avatar
    09-17-2022, 09:36 AM
    False. There is always a market.
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    09-17-2022, 09:26 AM
    Economists think about prices a little differently than ordinary people. That's not because the typical understanding of price is wrong, it's just incomplete. Let's say you have 10 apples and I have 5 oranges. We look at each other across the market and realize that each of us wants what the other has instead of what we have. "Hey, I'll trade these 5 oranges for those 10 apples you have there." You agree, and we exchange. We can say that, in this transaction, "the apple price of oranges" is 2 since you paid 2 apples for an orange; and we can inversely say that "the orange price of apples" is 0.5 since I paid 0.5 oranges per apple. Now, instead of oranges, suppose I had 5 dollars. "I'll trade these 5 dollars for those 10 apples" is exactly the same situation, except that, this time, we're not bartering non-monetary goods, we're exchanging a non-monetary good for the monetary good -- normal people would call this a sale or a transaction. So, "the dollar-price of apples" is 0.5 since I have exchanged 0.5 dollars per apple -- but the inverse ratio is also meaningful and important... the "apple-price of dollars" is 2 since you have exchanged 2 apples for 1 dollar. That latter ratio, "the apple-price of dollars" is what we mean by the market price of money, which is continually fluctuating. Obviously, because money is exchanged against all other goods in the economy (making it the most liquid good, by far), we can't just look at the apple-price of dollars. We also have to look at the pencil-price of dollars, the shampoo-price of dollars, the cornflakes-price of dollars, and so on. So, "the purchasing-power of money" or the market-price of money itself is simply the (imaginary) constantly-fluctuating basket of all goods which could be exchanged for dollars, and their associated exchange ratios. That's what I mean when I say that the Congress or any other group of humans has no more power to fix or set the market-price of money than they do to alter the sunrise or sunset. It's just a brute fact of reality that emerges from all the purchases that people make. Nobody controls it and nobody can control it. Not even in North Korea. There are many other senses in which we can speak of "the price of money" -- such as the legal price (how many dollars-per-ounce-of-gold/silver), the interest rates on loans, or the demand for cash balances, or the demand for mining of precious-metals, and so on. So it's important to clarify exactly which sense we are discussing that and Snowball seems quite happy to try to hide behind the smoke and mirrors of not specifying what exactly the topic is. In this case, it doesn't bother me because I'm familiar with all sides of this topic and it's just an opportunity to spread the light of knowledge...
    59 replies | 1703 view(s)
  • ClaytonB's Avatar
    09-17-2022, 09:13 AM
    The market-price of gold: how much of a good that you can receive in exchange for 1 unit of gold The market-price of the dollar: how much of a good that you can receive in exchange for 1 dollar The dollar-price of gold: There are two prices, the market-price and the legal-price. The legal-price of gold in dollars is $20/ounce. The market price of gold in dollars is about $1,700 at this time. Congress has the legal authority to fix the legal dollar-price of gold, and it exercises this authority -- one ounce of gold is legally $20. It was $35 under FDR after the 1933 gold-heist and remained that price for a long time and began to rise until 1971 when Nixon cut the tie to gold. Unlike many conservatives, and even libertarians, I don't consider Nixon's move some kind of tragedy -- it was inevitable because the dollar price of gold will necessary fluctuate unless the government were to sell gold at a loss whenever its market-price rises, and but it at a loss whenever its market-price declines. That's a worthless activity in order to maintain the fiction of "the dollar" as some kind of absolute, eternal monetary unit that is "backed by gold". When the market-price of gold rises, this increases demand for gold production (mining, refining, etc.), and vice-versa when the price declines. The problem with trying to "fix" the market-price of a real good like gold or silver is that you are trying to fix the amount of bread or potatoes that exchanges for a fixed weight of that precious metal. And it just doesn't work because market prices are too sensitive to small variations. The amount of gold-mining that "should" be happening (based on the current market price) is continually fluctuating in response to market conditions, so if you try to "fix" the price of a unit of gold in the market, you're going to have problems.
    59 replies | 1703 view(s)
  • ClaytonB's Avatar
    09-17-2022, 08:46 AM
    This is incorrect. We can speak of "the price of money" and define it in the same way as any other price (without committing any of the grave sins that Snowball is so desperately worried about). However, because money is half of every transaction, there are a few different senses of "the price of money", and care must be taken to differentiate them -- purchasing power, demand for the monetary commodity, demand for cash-on-hand, demand for loanable-funds (time-deposits), and demand for credit, to name some of the factors involved. Note that the OP article has nothing to do with constitutionalism or its opposites -- it is possible that the founding Fathers just messed up on this topic. Fortunately, they understood that the Congress and the States were made up of smart people and could figure these details out, so they said nothing about the subject of precious metals except that Congress shall make nothing but gold and silver legal tender. Every material object that can be acquired through trade is either a good or a bad. Your trash, for example, is a bad. So you trade it away while paying the trash collection to take it away for you. That's how you know it's a bad... it's something that you will pay to not have. Money itself is clearly not a bad, therefore, it's a good. So yes, money is a good, by definition. This true in the same sense that a bachelor is an unmarried man (true by definition). So whatever else you're trying to read into it, is just nonsense.
    59 replies | 1703 view(s)
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