Global Debt

[Voltaire]

Interesting article on Global Debt.
Looks like a load of pain is being deferred by debt.

http://www.zerohedge.com/news/2017-03-13/21714-every-man-woman-and-child-world-global-debt-bomb-ready-explode

Be interesting to see how the Dutch election goes and will that cause the EU to unravel?

Donald is busy sorting out tax breaks for his Swampdrainers.

[Katman]

And I wonder who it is we're in debt to.

(Cue Akzle)

:whistle:

[Akzle]

And I wonder who it is we're in debt to.

(Cue Akzle)

:whistle:

well, i mean, obviously jews. the imf, world bank, israel... but that's what you get when control of the money supply is contracted out of your "representatives' " "authority".


but hey. vote about shit, crackers, it's been solving problems for//


:killingme stupid old white cunts. fucken die already.

[mashman]

bwaaaaaaaaaaaaa ha ha ha ha ha ha ha ha haaaaaa... it's ok, we can move the chairs around and keep on truckin'. Someone should look into Resource Based Economy and how to get there ;)

[Mike.Gayner]

Zero Hedge as a source for financial information? Oh lawd.

BTW, money is a closed system, it's literally impossible for global net debt to exist.

[Akzle]

bwaaaaaaaaaaaaa ha ha ha ha ha ha ha ha haaaaaa... it's ok, we can move the chairs around and keep on truckin'. Someone should look into Resource Based Economy and how to get there ;)

t'll nevar catch on i tells ya. got burn shit!

http://s2.quickmeme.com/img/f9/f9c4570f4ab86617999757c6bdeb33e6d4fcc6de6fc0fd5d46 1e1e7c6ea6919f.jpg

if only ocean was here to explain why everyone is economoney and it's good.

[Brian d marge]

Zero Hedge as a source for financial information? Oh lawd.

BTW, money is a closed system, it's literally impossible for global net debt to exist.
Please explain by what u mean as a closed system





sent for a divine source

[Brian d marge]

well, i mean, obviously jews. the imf, world bank, israel... but that's what you get when control of the money supply is contracted out of your "representatives' " "authority".


but hey. vote about shit, crackers, it's been solving problems for//


:killingme stupid old white cunts. fucken die already.
Stamford hill in my old stomping ground have been putting up signs

https://uploads.tapatalk-cdn.com/20170316/c79d9e708ab133a820cfb1e42072aa8b.jpg

sent for a divine source

[Mike.Gayner]

If I lend you $5,000, you have $5,000 of debt, and I have a $5,000 asset. Net debt in the "system" (you and me) is nil - $5,000 liability offset by $5,000 asset. Net debt can't exist.

Money doesn't come from nowhere - it is printed by reserve banks and conveyed by way of bond issue - and that's basically the situation above. It gets complex because fractional reserve banking then "creates" more money within the system, but net debt literally can't exist in this system.

[Akzle]

BTW, money is a closed system, it's literally impossible for global net debt to exist.

and yet somehow it does :whistle:

nationaldebtclocks.org


"money" (currency) isn't "closed loop" as nothing of actual value or actual scarcity is used to measure. and "they" add more as they feel like. to maintain artificial scarcity and voluntary servitude of the white masses.


i think maybe you were looking for the words "imaginary bullshit" or "fairy banker's asshole"

[Mike.Gayner]

and yet somehow it does :whistle:

nationaldebtclocks.org

Here's why this is misleading: that's a gross debt calculator. Let's say we live in a world with 3 countries: USA, China and Russia. In this simple world, USA borrows $10b from China. China has lent USA $10b, of which $5b was internally generated and $5b was borrowed from Russia at a cheap rate. Russia lent that $5b to China, which it borrowed from the people of the USA.

As per that debt clock website, gross debt is:
USA $10b (owed to China)
China $5b (owed to Russia)
Russia $5b (owed to USA)
Total $20b debt

But the NET DEBT is:
USA $5b
China -$5b
Russia $0
Net Debt $0

Is it fair to say every person in earth owes $21k (on average) if every person on earth is also OWED $21k (on average)?

I'm not making any judgement on the even/uneven distribution of wealth/debt, but the idea of GLOBAL DEBT is a fallacy.

[Brian d marge]

Here's why this is misleading: that's a gross debt calculator. Let's say we live in a world with 3 countries: USA, China and Russia. In this simple world, USA borrows $10b from China. China has lent USA $10b, of which $5b was internally generated and $5b was borrowed from Russia at a cheap rate. Russia lent that $5b to China, which it borrowed from the people of the USA.

As per that debt clock website, gross debt is:
USA $10b (owed to China)
China $5b (owed to Russia)
Russia $5b (owed to USA)
Total $20b debt

But the NET DEBT is:
USA $5b
China -$5b
Russia $0
Net Debt $0

Is it fair to say every person in earth owes $21k (on average) if every person on earth is also OWED $21k (on average)?

I'm not making any judgement on the even/uneven distribution of wealth/debt, but the idea of GLOBAL DEBT is a fallacy.
I understand where ur coming from and yes that's how book keeping works
They use the same fraud for student loans
But I'm afraid that's not how money is created and loaned / used
I've been meaning to write it down anyway so give me a little time and I will post it
Trust me it's the biggest scam you can think of
Wish I had thought of it
Hang on a few min and I'll get on to it

sent for a divine source

[Swoop]

If the Green Party (aka "lunatic fringe") are elected they will solve debt in the same manner as the Global Financial Crisis...
Their policy was to "Print more money!".

[Akzle]

Here's why this is misleading: that's a gross debt calculator. Let's say we live in a world with 3 countries: USA, China and Russia. In this simple world, USA borrows $10b from China. China has lent USA $10b, of which $5b was internally generated and $5b was borrowed from Russia at a cheap rate. Russia lent that $5b to China, which it borrowed from the people of the USA.

As per that debt clock website, gross debt is:
USA $10b (owed to China)
China $5b (owed to Russia)
Russia $5b (owed to USA)
Total $20b debt

But the NET DEBT is:
USA $5b
China -$5b
Russia $0
Net Debt $0

Is it fair to say every person in earth owes $21k (on average) if every person on earth is also OWED $21k (on average)?

I'm not making any judgement on the even/uneven distribution of wealth/debt, but the idea of GLOBAL DEBT is a fallacy.

i like how you say "internally generated" when you really mean "made that shit up"

even simpler. 2 countries Gay(ner)-land and Ax-land. we each have 50 dollars. Total global monies is 100$.

you go jew, lend me 30 bucks and now i owe you 40.

hurrah economoney!

[Brian d marge]

If the Green Party (aka "lunatic fringe") are elected they will solve debt in the same manner as the Global Financial Crisis...
Their policy was to "Print more money!".
why not , Japan does ....

sent for a divine source

[Brian d marge]

If I lend you $5,000, you have $5,000 of debt, and I have a $5,000 asset. Net debt in the "system" (you and me) is nil - $5,000 liability offset by $5,000 asset. Net debt can't exist.

Money doesn't come from nowhere - it is printed by reserve banks and conveyed by way of bond issue - and that's basically the situation above. It gets complex because fractional reserve banking then "creates" more money within the system, but net debt literally can't exist in this system.
This is how the scam works
Now do excuse me im doing this from memory so some of the spelling may be incorrect etc but basically this is how it goes;
Most western countries i think are broke and trading something along the lines of chapter 11,
Using assets to raise capital.
What are those assets. YOU are.

In 1666, in London, during the black plague, and great fires of london Parliament enacted an act, behind closed doors, called Cestui Que Vie Act 1666.

www.opsi.gov.uk/RevisedStatute...

The act being debated the Cestui Qui act was to subrogate the rights of men and women, meaning all men and women were declared dead, lost at sea/beyond the sea. (back then operating in admiralty law, the law of the sea, so lost at sea).

The state (of London) took custody of everybody and their property into a trust, the state became the trustee/husband holding all titles to the people and property, until a living man comes back to reclaim those titles and can also claim damages a lein was put on the trust . See blacks law dictionary 8th edition
Now if you look at any corporate document , you will see its written in capital letters
Capitis dominitus Maxima, u is dead , NO rights , the others are Dominitus media and minor where you have full rights as a human being.
When you were born the hospital asked your father usually to inform the hospital that you were birthed , the issued a birth certificate, against the UNCLAIMED remains . This is the cestui qui trust that they sell or use as an asset.
That trust is an asset and a bond is issued on that asset, then under a fiat system currency is lent into existance. .
not sure about NZ off top of head but its around 9 x ( u need to keep 1 dollar under the bed for every 9 u lend out , see basel banking act 1, or 2 which NZ signs up to )
Now there is 2 types of Money malelevent and benelevent , debt based and surplus based. ALL currencies used today are debt based , ie the total amount of money in the system will never be enough to pay off the debt.
I use an analogy of a marble in a can . If u use a surplus system ( whch was used i think around the middle egyptian period sometime around there) the marble just goes back and forth, as you say closed system.
But as soon as u charged interest then its a debt based system which is fictional , The debt isnt fictional that is a contract between two people. But any currencies ( marbles) created after that are a representation of that contract/ debt .

So to answer ur question ALL currencies used today represent debt.. somebody somewhere has to perform a task. To pay return that debt.

So lets take a debt for example ur student loan. Your trust has the money to pay for your loan. All you have to do is claim ur trust back (good luck in finding the exact law, its well hidden. Im trying,atm.) Then from then from the assets of ur trust u can pay back ur student loan
What , you worked hard and paid it back already. Oh dear you have some currency owed to you then.

Once again excuse the spelling and typo its a pain in the arse to use this phone.



sent for a divine source

[oldrider]

www.opsi.gov.uk/RevisedStatute...

sent for a divine source

?????
The page cannot be found
The page you are looking for might have been removed, had its name changed, or is temporarily unavailable.

Please try the following:

If you typed the page address in the Address bar, make sure that it is spelled correctly.
Open the www.opsi.gov.uk home page, and then look for links to the information you want.
Click the Back button to try another link.

HTTP 404 - File not found
Internet Information Services

Technical Information (for support personnel)

More information:
Microsoft Support

[Akzle]

?????
The page cannot be found
The page you are looking for might have been removed, had its name changed, or is temporarily unavailable.

Please try the following:

If you typed the page address in the Address bar, make sure that it is spelled correctly.
Open the www.opsi.gov.uk home page, and then look for links to the information you want.
Click the Back button to try another link.

HTTP 404 - File not found
Internet Information Services

Technical Information (for support personnel)

More information:
Microsoft Support

try http://www.legislation.gov.uk/aep/Cha2/18-19/11/contents

[Brian d marge]

?????
The page cannot be found
The page you are looking for might have been removed, had its name changed, or is temporarily unavailable.

Please try the following:

If you typed the page address in the Address bar, make sure that it is spelled correctly.
Open the www.opsi.gov.uk home page, and then look for links to the information you want.
Click the Back button to try another link.

HTTP 404 - File not found
Internet Information Services

Technical Information (for support personnel)

More information:
Microsoft Support
Sorry it was from memory
I'll try and find the correct one later

sent for a divine source

[Brian d marge]

try http://www.legislation.gov.uk/aep/Cha2/18-19/11/contents
Thanks

sent for a divine source

[AllanB]

Must be time to reset it.


Fight Club it I say.

[Brian d marge]

It's all an illusion, but not if u believe in it

Yes Santa is real ...Don't go there

sent for a divine source

[Voltaire]

There is even a song about it


I can't seem to face up to the facts
I'm tense and nervous and I can't relax
I can't sleep 'cause my bed's on fire
Don't touch me I'm a real live wire
Psycho Killer
Qu'est-ce que c'est
Fa-fa-fa-fa-fa-fa-fa-fa-fa-far better
Run run run run run run run away oh oh
Psycho Killer
Qu'est-ce que c'est
Fa-fa-fa-fa-fa-fa-fa-fa-fa-far better
Run, run, run, run, run, run, run, away oh oh oh
Yeah yeah yeah yeah!

[mashman]

Here's why this is misleading: that's a gross debt calculator. Let's say we live in a world with 3 countries: USA, China and Russia. In this simple world, USA borrows $10b from China. China has lent USA $10b, of which $5b was internally generated and $5b was borrowed from Russia at a cheap rate. Russia lent that $5b to China, which it borrowed from the people of the USA.

As per that debt clock website, gross debt is:
USA $10b (owed to China)
China $5b (owed to Russia)
Russia $5b (owed to USA)
Total $20b debt

But the NET DEBT is:
USA $5b
China -$5b
Russia $0
Net Debt $0

Is it fair to say every person in earth owes $21k (on average) if every person on earth is also OWED $21k (on average)?

I'm not making any judgement on the even/uneven distribution of wealth/debt, but the idea of GLOBAL DEBT is a fallacy.

Yeah, that's how it works. Forget that interest and inflation stuff and its effect on the value of the very same $ that was once worth 90c (I'm feeling generous) of what the $ was worth back in the day. Yeah, 21k = 21k. It's just someone else having money that someone else once had. Ooooo, rainbow pony.

[Brian d marge]

Yeah, that's how it works. Forget that interest and inflation stuff and its effect on the value of the very same $ that was once worth 90c (I'm feeling generous) of what the $ was worth back in the day. Yeah, 21k = 21k. It's just someone else having money that someone else once had. Ooooo, rainbow pony.
Leave inflatables along , they do God's work


sent for a divine source

[F5 Dave]

So, ahh, how many of you guys ever talk about those motorbike thingies here? Who's ridden one in the last year?

[Akzle]

So, ahh, how many of you guys ever talk about those motorbike thingies here? Who's ridden one in the last year?

Forum • Off topic • Rant or Rave • Global Debt

stop trying to derail the thread cunt.

:whistle:

[Brian d marge]

So, ahh, how many of you guys ever talk about those motorbike thingies here? Who's ridden one in the last year?
Please it's my free time....Do we have to

sent for a divine source

[oldrider]

So, ahh, how many of you guys ever talk about those motorbike thingies here? Who's ridden one in the last year?

This forum is for anything off topic other than motorcycles - it's open slather it's rant and rave - even motorcyclists think about other things sometimes!

Your welcome! :ride:

[Katman]

Who's ridden one in the last year?

Probably a great many more times than you.

[F5 Dave]

That's not how you spell you're.

So, No & No then.

And Ax " don't derail the thread"?:facepalm: That's rich coming from you.

[F5 Dave]

Probably a great many more times than you.
If you ride to work that's probably true. But my bikes(well, most of them) fire twice as often so that makes up for it.

[Berries]

Just getting this back on topic, my brother owes me a fiver and he lives in the UK. Now that's global debt, the bastard.

[R650R]

If I lend you $5,000, you have $5,000 of debt, and I have a $5,000 asset. Net debt in the "system" (you and me) is nil - $5,000 liability offset by $5,000 asset. Net debt can't exist.

Money doesn't come from nowhere - it is printed by reserve banks and conveyed by way of bond issue - and that's basically the situation above. It gets complex because fractional reserve banking then "creates" more money within the system, but net debt literally can't exist in this system.

Net Debt has to exist because so much credit given out to borrowers is spent on depreciating assets. Money comes out of thin air then when the borrower repays interest on the debt. Then the banks lend out that thin air money under fractional reserve system. An asset is only ever worth what the market will pay at the time.
Compopunding things is as more money is lent un fractional banking system it loses its value. This is masked by the charade of inflation...

You loan me $42,000 and i buy a 42,000 Pangiale, I owe you 42,000. Soon as I sign the papers the bike is worth less than 42,000.
Very soon I wreck the bike, get hurt and unable to repay you. The asset is gone, I'm in debt and your not getting anything cause im apoor sneaky bugger etc....

All of the worlds debt can never be repaid, theres not enough money even if people wanted too. China cant even claim its debt USA owes it as if it sent in the bailiff without managing to start WW3 the collapsing economy would make the usa dollars worthless....

[R650R]

and yet somehow it does :whistle:

nationaldebtclocks.org


"money" (currency) isn't "closed loop" as nothing of actual value or actual scarcity is used to measure. and "they" add more as they feel like. to maintain artificial scarcity and voluntary servitude of the white masses.


i think maybe you were looking for the words "imaginary bullshit" or "fairy banker's asshole"

Must spred rep danit.... :)

[Zedder]

Just getting this back on topic, my brother owes me a fiver and he lives in the UK. Now that's global debt, the bastard.


Have you taken into account inflation etc?

[TheDemonLord]

Net Debt has to exist because so much credit given out to borrowers is spent on depreciating assets. Money comes out of thin air then when the borrower repays interest on the debt. Then the banks lend out that thin air money under fractional reserve system. An asset is only ever worth what the market will pay at the time.
Compopunding things is as more money is lent un fractional banking system it loses its value. This is masked by the charade of inflation...

You loan me $42,000 and i buy a 42,000 Pangiale, I owe you 42,000. Soon as I sign the papers the bike is worth less than 42,000.
Very soon I wreck the bike, get hurt and unable to repay you. The asset is gone, I'm in debt and your not getting anything cause im apoor sneaky bugger etc....

All of the worlds debt can never be repaid, theres not enough money even if people wanted too. China cant even claim its debt USA owes it as if it sent in the bailiff without managing to start WW3 the collapsing economy would make the usa dollars worthless....

You are confusing security over an asset with accounting.

2/10 - try again.

[Rcktfsh]

Roger explains it all very simply in this video.....
https://www.youtube.com/watch?v=vnuAh3esdpE

[mashman]

Leave inflatables along , they do God's work


sent for a divine source

but but but, they hide my hand.

[Brian d marge]

but but but, they hide my hand.

Ahhh Adam Smiths the hidden hand .......

[R650R]

You are confusing security over an asset with accounting.

2/10 - try again.

No its not confused at all.... its my debt to him still existing but any chance of hime getting his money back has vapoorised..... there fore debt doesn't disappear.....

There is more debt created in this world than can ever be repaid as more fake money is created out of thin air in interest charges on money leant that never existed in first place.
The value of our money, our whole system is based on trust that that electronic number is worth something similar tomorrow.....
ANYWAY its a great time to be in debt, actually cheaper to have debt than cash invested in anything....

[TheDemonLord]

No its not confused at all.... its my debt to him still existing but any chance of hime getting his money back has vapoorised..... there fore debt doesn't disappear.....

But the Net Debt is still 0:

The Bank has $42,000 credit and you have a $42,000 debt.

42,000 - 42,000 = 0

If the debt is written off (because you are bankrupt and can't pay and the bike is totalled)

then it's

0 - 0 = 0

Net Debt is still 0.


There is more debt created in this world than can ever be repaid as more fake money is created out of thin air in interest charges on money leant that never existed in first place.
The value of our money, our whole system is based on trust that that electronic number is worth something similar tomorrow.....
ANYWAY its a great time to be in debt, actually cheaper to have debt than cash invested in anything....

But as we all know - Money is a place holder for something of Value and consider this:

There are more people being created out of thin air all the time. People with Time.

People's Time is a valuable resource.

Thus Money is being created to reflect the increase in this resource.

[Brian d marge]

But the Net Debt is still 0:

The Bank has $42,000 credit and you have a $42,000 debt.

42,000 - 42,000 = 0

If the debt is written off (because you are bankrupt and can't pay and the bike is totalled)

then it's

0 - 0 = 0

Net Debt is still 0.



But as we all know - Money is a place holder for something of Value and consider this:

There are more people being created out of thin air all the time. People with Time.

People's Time is a valuable resource.

Thus Money is being created to reflect the increase in this resource.

nice transfer of liability , trouble is we aint using money.

[oldrider]

But the Net Debt is still 0:

The Bank has $42,000 credit and you have a $42,000 debt.

42,000 - 42,000 = 0

If the debt is written off (because you are bankrupt and can't pay and the bike is totalled)

then it's

0 - 0 = 0

Net Debt is still 0.



But as we all know - Money is a place holder for something of Value and consider this:

There are more people being created out of thin air all the time. People with Time.

People's Time is a valuable resource.

Thus Money is being created to reflect the increase in this resource.

Hmmm good point there!

Unfortunately not as many people are being cancelled back into thin air as are being created so there is a lot of debt created to help with population control = war!

Translate "war industry" to mean endless guaranteed easy money and power for the international banking fraternity! :shifty:

[TheDemonLord]

nice transfer of liability , trouble is we aint using money.

Money is, and always will be a placeholder

Until something better comes along - then we will use that.

[Brian d marge]

Money is, and always will be a placeholder

Until something better comes along - then we will use that.
Dry barley. Or rice

We are not using money at the moment.

Money is not such a bad thing , it's useful

Just we ain't using it

sent for a divine source

[mashman]

Ahhh Adam Smiths the hidden hand .......

Yeah. Although it's more like Paul Daniels these days. You're going to like it, but not a lot... which seems to be enough mind lol.

[TheDemonLord]

Dry barley. Or rice

We are not using money at the moment.

Money is not such a bad thing , it's useful

Just we ain't using it

sent for a divine source

Then prey tell, what are we using?

Because what we are using is divisible, portable, globally recognized and accepted, with an agreed value and is a medium for facilitating the exchange of goods and services - Kinda sounds like Money to me....

[Brian d marge]

Then prey tell, what are we using?

Because what we are using is divisible, portable, globally recognized and accepted, with an agreed value and is a medium for facilitating the exchange of goods and services - Kinda sounds like Money to me....
Currency



sent for a divine source

[TheDemonLord]

Currency



sent for a divine source

Okay, Fair Cop - however tell me this - Gold Money (since we are using the strict economic definition) only has value because we believe it does - unlike say Steel whose value is in what can be built from it - without the aesthetic value of gold, what use is it?

Thus I could argue that even the Gold Standard may not necessarily be considered 'Money'

In fact, I can think of a few post-apocalypse movies that have explored this concept (Mad Max and Gasoline, Book of Eli and Wet Wipes)

[Brian d marge]

Okay, Fair Cop - however tell me this - Gold Money (since we are using the strict economic definition) only has value because we believe it does - unlike say Steel whose value is in what can be built from it - without the aesthetic value of gold, what use is it?

Thus I could argue that even the Gold Standard may not necessarily be considered 'Money'

In fact, I can think of a few post-apocalypse movies that have explored this concept (Mad Max and Gasoline, Book of Eli and Wet Wipes)
Welcome to the dark side
Gold has no value
Only the value u place upon it

It does store value rather well as it doesn't corrode like steel and it's easy to . Manipulate and test

But other than that only the value u place on it

The reptilians monotonic gold eaters have place a considerable value on it however

It helps them live longer

sent for a divine source

[F5 Dave]

Dentistry. Electronics. Pretty useful stuff, but a bit spendy mind.

[Voltaire]

Dentistry. Electronics. Pretty useful stuff, but a bit spendy mind.

Don't forget the ring industry, the engagement ring, the wedding ring, the suffer ring.:lol:

[Akzle]

Okay, Fair Cop - however tell me this - Gold Money (since we are using the strict economic definition) only has value because we believe it does - unlike say Steel whose value is in what can be built from it - without the aesthetic value of gold, what use is it?

Thus I could argue that even the Gold Standard may not necessarily be considered 'Money'

In fact, I can think of a few post-apocalypse movies that have explored this concept (Mad Max and Gasoline, Book of Eli and Wet Wipes)

electronics, medical, thermal imaging, gold has many applications.

it also has scarcity "value" in that even jews haven't cracked alchemy.

the "gold standard" as overvalued by newton, however, does not have value.
infact one pound (mass) of sterling silver now, ironically, costs 225 pounds (currency known as "pounds sterling")

[TheDemonLord]

electronics, medical, thermal imaging, gold has many applications.

Most of those being highly specialised and not reaaaaaally the global standard that 'money' needs


it also has scarcity "value" in that even jews haven't cracked alchemy.

Funny that - Economics 101 is right.... Also - an individuals Time is also Scarce, think about that.

[TheDemonLord]

Welcome to the dark side
Gold has no value
Only the value u place upon it

It does store value rather well as it doesn't corrode like steel and it's easy to . Manipulate and test

But other than that only the value u place on it

The reptilians monotonic gold eaters have place a considerable value on it however

It helps them live longer

sent for a divine source

If we go full philosphical mode - nothing has value other than what we place on it.

Interestingly enough this has lead to the rise in BitCoins and other forms of digital transactions.

[Katman]

Funny that - Economics 101 is right.... Also - an individuals Time is also Scarce, think about that.

Bullshit.

You get 24 hours of it day after day until you die.

What's scarce about that?

[TheDemonLord]

Bullshit.

You get 24 hours of it day after day until you die.

What's scarce about that?

Lets see if you can figure it out from your own words....

[Katman]

Lets see if you can figure it out from your own words....

I'll go out on a limb and imagine you mean an individuals time is scarce compared to the eons of history.

To which I'd answer - No shit Sherlock.

[Brian d marge]

If we go full philosphical mode - nothing has value other than what we place on it.

Interestingly enough this has lead to the rise in BitCoins and other forms of digital transactions.
I'm not so sure about Bitcoin
I know... but I don't trust it
Seems a sneaky back door attack on money ,

I'm sticking with me 90 %dry whole barley kernels

sent for a divine source

[Brian d marge]

Bullshit.

You get 24 hours of it day after day until you die.

What's scarce about that?
U also only get 24 cans in a slab, and ya know what happens when ya half way through the movie......

sent for a divine source

[Akzle]

good lord, (oh!) your a fucking idiot.



Most of those being highly specialised and not reaaaaaally the global standard that 'money' needs
thus i said APPLICATIONS, ie, where gold should be used for the benefit of the species, i then went on, in the next stanzas (the ones you glossed over) to explain it's place as currency.


Funny that - Economics 101 is right.... Also - an individuals Time is also Scarce, think about that.


inverted commas 
   
plural noun
Inverted commas are punctuation marks that
are used in writing to show where speech or a
quotation begins and ends. They are usually
written or printed as ' ' or " ".
https://en.m.wikipedia.org/wiki/Irony_punctuation

time isn't scarce, it's fucken long.

humans are the only species (and there's a few others) that pay to live on the planet.

[TheDemonLord]

I'll go out on a limb and imagine you mean an individuals time is scarce compared to the eons of history.

To which I'd answer - No shit Sherlock.

And since we are talking about an Individuals Time........

[TheDemonLord]

good lord, (oh!) your a fucking idiot.


thus i said APPLICATIONS, ie, where gold should be used for the benefit of the species, i then went on, in the next stanzas (the ones you glossed over) to explain it's place as currency.

The comment wasn't about what was in the quotation marks....

Something Something Glossing over something.


time isn't scarce, it's fucken long.

Can you show me an Immortal? Everything has an end point, You, Me, The Planet, the Sun - and being of a Finite amount is the very definition of something having Scarcity.

Economics 101.


humans are the only species (and there's a few others) that pay to live on the planet.

Wrong.

We pay to live in Society. Big difference.

[Brian d marge]

And since we are talking about an Individuals Time........
I value my time

And I hate wasting it doing unimportant shit like working

I could be posting crap in KB ..Much better use

sent for a divine source

[Katman]

And since we are talking about an Individuals Time........

Right, so it was just another one of your shit analogies.

As you were.

[TheDemonLord]

Right, so it was just another one of your shit analogies.

As you were.

What was analogous about that?

Seriously Katman - are you even able to understand English today?

[Katman]

What was analogous about that?

The comparison between an individuals life span and the eons of time.

[Brian d marge]

The comparison between an individuals life span and the eons of time.
With regards to that, see thread about lawnmowing on a sunday morniing , Some individuals are heavily in debt. The retard this morning is living on so much borrowed time , he will have to reincarnate from a single cell organisim multiple times , just to pay the interest, let alone the principle.

sent for a divine source

[TheDemonLord]

The comparison between an individuals life span and the eons of time.

I did nothing of the sort. YOU did.

Again - are you struggling with basic English?

[Katman]

I did nothing of the sort. YOU did.

So what exactly are you suggesting is so scarce about an individual's time?

[TheDemonLord]

So what exactly are you suggesting is so scarce about an individual's time?

...
...
...


Are you on different Meds or something? You even wrote the correct answer in one of your retorts and STILL failed to link it to what I actually said.

[Katman]

Are you on different Meds or something? You even wrote the correct answer in one of your retorts and STILL failed to link it to what I actually said.

Dude, I don't understand your autistic thought processes.

You'll have to spell it out.

[TheDemonLord]

Dude, I don't understand

First sensible thing you've said in a while.

[Katman]

First sensible thing you've said in a while.

So I'll take it that you have no explanation as to why you think an individual's time is 'scarce' then.

[TheDemonLord]

So I'll take it that you have no explanation as to why you think an individual's time is 'scarce' then.


Bullshit.

You get 24 hours of it day after day until you die.

What's scarce about that?



Bullshit.

You get 24 hours of it day after day until you die.

What's scarce about that?


until you die.

So, an individuals Time has a limit (Death) which you correctly pointed out. A resource that has a Limited amount is (using the Economic definition which is what we were using, given that the comment referenced Economics 101) known as "Scarce".

So that

So I'll take it...

is just Katspeak for


I'm an idiot who can't understand English, even when it's pointed out to me

[Akzle]

Something Something Glossing over something.
you sure do.

no. your comment was (deliberate?) misinterpretation of shit, to prop up your faith in the system.




Can you show me an Immortal? Everything has an end point, You, Me, The Planet, the Sun - and being of a Finite amount is the very definition of something having Scarcity.

Economics 101.


finite/ˈfʌɪnʌɪt/adjective
limited in size or extent.
≠

scarce/skɛːs/adjective
(especially of food, money, or some other resource) insufficient for the demand.







Wrong.

We pay to live in Society. Big difference.

conceeded. but it doesn't lessen the stupidity thereof.

[Brian d marge]

As long as the earth keeps on earthing , scarcity should be scarce..... me thinks

sent for a divine source

[TheDemonLord]

you sure do.

no. your comment was (deliberate?) misinterpretation of shit, to prop up your faith in the system.

Hence why I reference the ECONOMICS definition, not the standard English Definition.

No misinterpretation on my part, only on yours (which is farkin ironic given the content of that Post)


conceeded. but it doesn't lessen the stupidity thereof.

Don't want to pay? Then you are free (THE PUN!) to fuck off out of Society.

But like Katman, Vaccines and a one-way trip to Africa, something tells me that you quite like living in Society....

[Brian d marge]

Blacks legal 2nd
RESOURCE

A factor of production or economy needed for an activity. Basic resources are, labour, land, capital. Others can include information, energy, entrepreneurship, expertise, time and management

sent for a divine source