• Madison320's Avatar
    Yesterday, 11:54 AM
    No bias there! I saw an ABC news clip on the lawsuit. No mention at all of why Zimmerman was suing. Just a blatant attack on Zimmerman and his lawyer. It seems pretty obvious that the prosecution substituted another witness unless that family has two sisters named Diamond Eugene.
    2266 replies | 151435 view(s)
  • NorthCarolinaLiberty's Avatar
    12-11-2019, 02:16 PM
    Maybe you could pass along one of your troll scrolls.
    19 replies | 328 view(s)
  • NorthCarolinaLiberty's Avatar
    12-11-2019, 02:07 PM
    I took a ride in this guy's 1927 biplane a few years back. Pretty cool for $150 bucks (two people). East Tennessee. https://skyhighairtours.com
    26 replies | 268 view(s)
  • NorthCarolinaLiberty's Avatar
    12-11-2019, 06:39 AM
    Where is government involved in the Amazon transaction?
    31 replies | 4780 view(s)
  • NorthCarolinaLiberty's Avatar
    12-10-2019, 07:00 AM
    Every little bit helps. I'm always glad to see some concrete solutions on RPF. I'd like to see more. If it weren't for people pushing back, then things would be a lot worse. That old saying is really true: The price of freedom is eternal vigilance.
    31 replies | 4780 view(s)
  • NorthCarolinaLiberty's Avatar
    12-09-2019, 12:28 PM
    We have a zillion kid relatives and swimming is the best bang for the peso. On the other hand, some of it really is crappy living. It's a mixed bag.
    6 replies | 842 view(s)
  • NorthCarolinaLiberty's Avatar
    12-09-2019, 12:05 PM
    I still like the motivational posters from Despair dot com:
    19 replies | 328 view(s)
  • Madison320's Avatar
    12-08-2019, 12:44 PM
    I like the idea of a conference winner but only if it gives you an automatic berth into the playoff. The way it is now, I agree, they should just skip it. I hate voting when it comes to sports. It reminds me of gymnastics or figure skating. I think it's funny that during the game the announcers will not talk about it the fact that Ohio State/LSU/Clemson will still get in if they lose. I'm almost positive they've been instructed not to.
    11 replies | 156 view(s)
  • Madison320's Avatar
    12-08-2019, 12:36 PM
    I would take the top 4 out of the 5 conference winners. Still a little subjective but a lot more objective than it is now.
    11 replies | 156 view(s)
  • Madison320's Avatar
    12-07-2019, 09:10 PM
    You should have to win your conference to get in to the CFP. I hate the idea of voting someone in over a conference champ. I'm really hoping that Wisconsin wins to see what happens. If they put Ohio State over Wisconsin after Wisconsin beats them on the field in what is essentially a playoff game, I'm done watching college football this year. Win the game on the field if you want to advance. Otherwise quit having a conference game and a playoff and just vote at the end like it used to be.
    11 replies | 156 view(s)
  • Madison320's Avatar
    12-07-2019, 07:45 PM
    I would argue that we'd already be in a severe recession if Hillary were elected. But Trump gave us false optimism and has allowed the debt bubble to grow bigger than ever. It would've been better if Hillary was elected. The economy would've crashed but at least we'd have a chance to elect an actual free market president and have a real recovery. Now the crash is going to be falsely blamed on free market capitalism despite the fact that Trump is moving us towards socialism at a rapid pace. Hillary may have given us Rand Paul. Now Trump is going to give us Elizabeth Warren.
    6 replies | 1087 view(s)
  • NorthCarolinaLiberty's Avatar
    12-07-2019, 03:41 AM
    I just pick the band with the funniest t shirts.
    104 replies | 2257 view(s)
  • NorthCarolinaLiberty's Avatar
    12-07-2019, 02:19 AM
    People hanging out at The Mango Tree. Mother-in-law's house in background. Future ham sandwiches.
    6 replies | 842 view(s)
  • NorthCarolinaLiberty's Avatar
    12-06-2019, 05:15 PM
    Start with occupational state papers for jobs like florist and hair braider.
    18 replies | 2956 view(s)
  • NorthCarolinaLiberty's Avatar
    21 replies | 381 view(s)
  • NorthCarolinaLiberty's Avatar
    12-06-2019, 04:44 PM
    Casket inside mother-in-law's house. She was there many days for viewing. Funerals are very different from America. Chapel of larger church. This one is an 1/8 mile from mother-in-law's (MIL) house. Sister-in-law, 3rd from left. MIL's sister, 3rd from right.
    6 replies | 842 view(s)
  • NorthCarolinaLiberty's Avatar
    12-04-2019, 06:56 AM
    Our flight was delayed because of the typhoon, so I'm posting a few photos. It was bittersweet because we were there for my mother-in-law's funeral. This is the mountain across from my mother-in-law's house. You can see coconut trees in both the foreground and the ridge.
    6 replies | 842 view(s)
  • Madison320's Avatar
    12-01-2019, 04:23 PM
    Yes. The monetary base, which is one measurement of the supply of money. Maybe you didn't realize that there are more than one type of money supply? Is that the disconnect?
    97 replies | 3029 view(s)
  • Madison320's Avatar
    11-30-2019, 06:45 PM
    What difference does it make where the reserves came from? Did you forget what we're arguing about? You're claiming that the monetary base is reduced when banks loan money. I'm telling you it's not. If bank A has $100 in cash and loans it to Fred, the monetary base has not changed. It has merely moved from Bank A to Fred.
    97 replies | 3029 view(s)
  • Madison320's Avatar
    11-30-2019, 02:06 PM
    Banks don't reduce the monetary base by loaning out their excess reserves. The only way banks can reduce the monetary base is by buying assets from the federal reserve.
    97 replies | 3029 view(s)
  • Madison320's Avatar
    11-29-2019, 05:06 PM
    Wrong. When the banks loan money it just moves the location of the monetary base from the bank to the person it got loaned to, it doesn't reduce the monetary base. It's identical to your hypothetical situation. In your situation $10 is the monetary base. When you loan $5 to Bob the monetary base is still $10 but M1 or M2 (or one of the other derived Monetary supplies) is now $15. If you want to define the money supply as M1 or M2 or M3 or some other formula, that's fine but the main point is the that the monetary base the primary driver of whatever money supply you choose to recognize. So if the monetary base doubles (normally from printing money) whatever money supply you're decided to recognize is also eventually going to double, all things being equal. That's why economists and even the federal reserve refer to the monetary base as high powered money.
    97 replies | 3029 view(s)
  • Madison320's Avatar
    11-24-2019, 10:15 AM
    I actually agree with this, but I'm surprised you believe it also. You've always argued the opposite with me. You've always said the monetary base was not the money supply and that the M2 or M3 was the "true" money supply. Did you change your mind?
    97 replies | 3029 view(s)
  • Madison320's Avatar
    11-24-2019, 10:08 AM
    Both of those examples can just as easily be done without electronic money. I'm talking about the idea that money created out of thin air can just as easily be removed. Usually when I hear this idea it's that we don't have to worry about inflation because the money can just be "deleted". But that's wrong because someone owns that money and it doesn't matter what form it's in. In fact they can exchange it for paper and even buy gold with it. It's easy to create money out of thin air because you're GIVING it to someone and they're not going to complain about that. It's when you try to TAKE it from someone, that's that problem. In 2009 the Fed printed money and gave it to banks in exchange for worthless loans. The only way to remove that money would be for the Fed to sell those loans back to the bank but it won't work because the loans are worth much less than what the Fed bought them for.
    97 replies | 3029 view(s)
  • Madison320's Avatar
    11-19-2019, 07:58 PM
    I wouldn't go quite that far. Deleting money in someone's bank account tends to piss people (voters) off. Plus they could do that now. If we ever get to that point we'd already basically be in a Mad Max scenario. Food lines, lack of electricity and running water, massive civil unrest, that type of thing. The main reason they want electronic money is for tracking purposes. I'm not too worried about that happening because if they tried it we'd go right to an underground economy with precious metals as the currency. I agree that government would love to have digital money but that's one of those things that the majority is against so it'll be tough for them to pass it. What I'm MUCH more worried about is the communist/socialist movement because the majority DOES support it. The appeal of stealing from the wealthy minority to give to the majority never ends. Just watch a few seconds of the democratic debates. Actually you don't need to I can sum it up one line. "VOTE FOR ME AND I'LL STEAL FOR YOU!"
    97 replies | 3029 view(s)
  • Madison320's Avatar
    11-19-2019, 07:39 PM
    That's true except that the monetary inflation rate has been orders of magnitude higher than the growth in productivity has ever been in history. Maybe if someone invents a cheap in home fusion reactor in the next decade we'll have at least a slim chance of keeping pace.
    8 replies | 578 view(s)
  • Madison320's Avatar
    11-19-2019, 07:32 PM
    Give me an example.
    97 replies | 3029 view(s)
  • Madison320's Avatar
    11-17-2019, 07:42 PM
    I hear this myth all the time. This is not true. The money can't be deleted just as easily as it was created. Somebody owns that money that was created out of thin air. You can't just "delete" it from them. It's easy to give someone money created out of thin air, it's extremely difficult to take it away from them.
    97 replies | 3029 view(s)
  • Madison320's Avatar
    11-17-2019, 07:36 PM
    I'm betting on the latter, major economic crisis. Government and the Fed are going to take the path of least resistance, which is printing money, until the currency collapses. It's amazing that they've manged to borrow and print for this long without massive inflation. But at some point the dollar has to cave. It's mathematically impossible to keep printing forever without price inflation.
    8 replies | 578 view(s)
  • NorthCarolinaLiberty's Avatar
    11-15-2019, 07:47 PM
    Q: What happened to the Polish hockey team? A: They all drowned in spring training. Q: How do you take census in a Polish village? A: Roll a quarter down the street, count the legs, divide by two, and subtract one for the Jew who catches it. Q: How did the Polish mother teach her son which way to put his underwear on? A: Yellow in the front, Brown in the back
    86 replies | 1509 view(s)
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