Stupid World

[Ocean1]

Stealing money is a crime

for u and me

But when u play with the big boys its all part of the act


Here is their latest move

http://www.stuff.co.nz/business/mone...y-target-Kiwis

Stephen

and that just the tip of the iceberg

"US persons" is definitely a weasel word.

Replace it with "US citizens" and I don't have a problem with it, they're protecting their legitimate interests, nothing to do with theft.


Edit: how many countries allow dual citizenship? I know the US doesn't but that most comonwealth countries do...

[bogan]

Given your barrage of highly amusing abuse and lack of answering questions in any form of detail, but more reciting what the web has to offer in regards to an explanation of GDP and its inner working, it seemed pertinent to throw you a bone as you seemed to need to vent. Now explain to me, in detail, why the financial system wouldn't have collapsed had the banks stopped printing money then? (if all that was needed was to use "the money already in circulation has to change hands more often")... and once you've done that, explain to me what exactly are we going to be producing? (in order to make those transactions take place)

I don't bother answering questions that are clearly just you trying to change the subject again. If you wish me to do so, you must first demonstrate the cognitive ability to grasp some simple financial concepts which you've already deemed yourself able to comment on. Namely, GDP, and money laundering.

Can you explain how an increase in GDP is equivalent to money laundering?

[mashman]

I don't bother answering questions that are clearly just you trying to change the subject again. If you wish me to do so, you must first demonstrate the cognitive ability to grasp some simple financial concepts which you've already deemed yourself able to comment on. Namely, GDP, and money laundering.

Can you explain how an increase in GDP is equivalent to money laundering?

Amusing given that that's the second time I had asked those questions... and yes, that was before you got the answer money laundering (and deservedly so). My questions where base on seeking further information as you had just put up GDP and money circulation as a reason not to print more money.

So, let's try it on chronological order... or are you going to slime your way out of answering those questions like you did with the last round of questions before I gave up? Highly ironic, but much to my amusement.

[Brian d marge]

"US persons" is definitely a weasel word.

Replace it with "US citizens" and I don't have a problem with it, they're protecting their legitimate interests, nothing to do with theft.


Edit: how many countries allow dual citizenship? I know the US doesn't but that most comonwealth countries do...

Yup have no problem with a citizen paying a fair tax

Have massive problems with tax avoidance which is basically theft
And un warranted survelance
Im not a us citizen and have no wish to be or to go to that wonderful place
Nor is terrorisim an excuse

Stephen



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[bogan]

Amusing given that that's the second time I had asked those questions... and yes, that was before you got the answer money laundering (and deservedly so). My questions where base on seeking further information as you had just put up GDP and money circulation as a reason not to print more money.

So, let's try it on chronological order... or are you going to slime your way out of answering those questions like you did with the last round of questions before I gave up? Highly ironic, but much to my amusement.

I think evaluating your cognitive ability take precedence over chronological order. Also, you brought up money laundering in response to the discussion about GDP and circulation, so it is in chronological order anyway. It is not a difficult question that I ask you, however the one you ask me is rather complex, so how about you show you have the ability to understand the answer...

[Brian d marge]

Btw
How the smoke screen of poverty in nz playing out
The TPPA been signed yet while the popilace were watching the pollys talk about poverty
Or are jermanys problems caused by the jewish community?

Von stuuck

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[husaberg]

Btw
How the smoke screen of poverty in nz playing out
The TPPA been signed yet while the popilace were watching the pollys talk about poverty
Or are jermanys problems caused by the jewish community?

Von stuuck

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The issues you speak of with poverty.
Simply put there is obviously too many poor people
If we eliminate this mass of poor people problem will then of course be solved.
Von teese

[mashman]

I think evaluating your cognitive ability take precedence over chronological order. Also, you brought up money laundering in response to the discussion about GDP and circulation, so it is in chronological order anyway. It is not a difficult question that I ask you, however the one you ask me is rather complex, so how about you show you have the ability to understand the answer...

You could have just said no.

[bogan]

You could have just said no.

How about I give you the short version then. Money is printed/released into circulation as a means of controlling inflation and other economic factors. There are of course complex interactions between the GDP and inflation, and thus money in circulation etc, but the G20's approach is most certainly not to print all that money to increase the GDP figures. It would collapse (or at least go very poorly) if no more money was put into circulation, but that is a different issue from GDP.

Now, how is an increase in GDP the same as money laundering?

[Brian d marge]

Nee how wa

Im off to learn me some russian and some chinese



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[Ocean1]

Yup have no problem with a citizen paying a fair tax

I've warned you before about that F word.

Have massive problems with tax avoidance which is basically theft

And as usual you've got it arse backwards. Under any rational legal definition tax is theft…

Tax is a “pecuniary burden laid upon individuals or property owners to support the government [...] a payment exacted by legislative authority.” A tax “is not a voluntary payment or donation, but an enforced contribution, exacted pursuant to legislative authority” and is “any contribution imposed by government [...] whether under the name of toll, tribute, tallage, gabel, impost, duty, custom, excise, subsidy, aid, supply, or other name”.

… as even that lawyer and tax expert Geoffrey Palmer said.

And tax avoidance is perfectly legal. In fact that's the difference between avoidance and evasion, which is presumably what you meant.

But even then, if someone was stealing your bike every weekend wouldn’t you feel inclined to hide it on Friday?

[SPman]

Im not a us citizen and have no wish to be or to go to that wonderful place

Stephen

A pity - it's a wonderful place - just a shame about most of the people....mind you, could say the same about most places........

[mashman]

How about I give you the short version then. Money is printed/released into circulation as a means of controlling inflation and other economic factors. There are of course complex interactions between the GDP and inflation, and thus money in circulation etc,

Old news.

but the G20's approach is most certainly not to print all that money to increase the GDP figures. It would collapse (or at least go very poorly) if no more money was put into circulation, but that is a different issue from GDP.

That's different to what you originally stated. Funny that all they've done all along is to print billions and billions and billions of $ over the best part of the last century and the financial system hasn't collapsed... especially remarkable given that even though they've rammed in even more billions of $ since the GFC. So why would they change such a winning formula all of a sudden I wonder if they could just fuck with GDP and a little bit of printing. So what you say doesn't stack up... furthermore it doesn't actually answer the question. Explain how money goes in one end and comes out the other end 3 times over (at least it was 3 times when I did economics back in the day).

Now, how is an increase in GDP the same as money laundering?

Not yet. You've still got a question to go...

explain to me what exactly are we going to be producing?

[bogan]

That's different to what you originally stated. Funny that all they've done all along is to print billions and billions and billions of $ over the best part of the last century and the financial system hasn't collapsed... especially remarkable given that even though they've rammed in even more billions of $ since the GFC. So why would they change such a winning formula all of a sudden I wonder if they could just fuck with GDP and a little bit of printing. So what you say doesn't stack up... furthermore it doesn't actually answer the question. Explain how money goes in one end and comes out the other end 3 times over (at least it was 3 times when I did economics back in the day).



Not yet. You've still got a question to go...

Like I said, the G20 declaration is to increase GDP, it is not to do so by printing and extra few trillion dollars. Their declaration is not to stop printing money either, because that would be a bad idea. To put it simply, you were wrong to equate the G20's declaration with printing more money.

Same products we do now, just more of them. Or higher priced stuff. Basically, increasing GDP means people have a higher turnover, we can buy more stuff, or better quality stuff (unless the population increases at the same rate ofc).

There, all done, now hold up your end.

[Akzle]

Same products we do now, just more of them. Or higher priced stuff. Basically, increasing GDP means people have a higher turnover, we can buy more stuff, or better quality stuff (unless the population increases at the same rate ofc).

but, then anyone who wants to buy shit needs to earn more, to afford it, which means their products/services will have to have the price hiked (bonus - etra tax $ for govtjews) and then anyone who wants to buy shit needs to earn more, to afford it, which means their products/services will have to have the price hiked (bonus - etra tax $ for govtjews) and then anyone who wants to buy shit needs to earn more, to afford it, which means their products/services will have to have the price hiked (bonus - etra tax $ for govtjews) and then anyone who wants to buy shit needs to earn more, to afford it, which means their products/services will have to have the price hiked (bonus - etra tax $ for govtjews) and then.....