Stupid World

**mashman** · 25th February 2014, 16:58

Originally Posted by bogan

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, 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.

Amusing... so where's all the demand for these higher value products gonna come from? Someone has to else there's no more "value" being produced. Unless of course we're going to buy $2 billion worth of stuff off China and they're going to buy $2 billion worth of stuff off us and the magical multiplier is going to burst into action and save the day. Growth via consumption in a world of finite resources, what a quality solution

.

I told you why. I guess you didn't like the explanation. The last time that happened I gave it up, this time I thought I'd have some fun... and you delivered. Thanks. However there was an element of truth in what I said........ meh, the way I see it these days, all money production is a crime (especially the interest part). It is printed without my permission and added to my tab and then filtered into society via banks.

**mashman** · 25th February 2014, 17:00

Originally Posted by Akzle

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.....

Yeah, but it'll trickle down.

**bogan** · 25th February 2014, 17:05

Originally Posted by mashman

Amusing... so where's all the demand for these higher value products gonna come from? Someone has to else there's no more "value" being produced. Unless of course we're going to buy $2 billion worth of stuff off China and they're going to buy $2 billion worth of stuff off us and the magical multiplier is going to burst into action and save the day. Growth via consumption in a world of finite resources, what a quality solution

.

I told you why. I guess you didn't like the explanation. The last time that happened I gave it up, this time I thought I'd have some fun... and you delivered. Thanks. However there was an element of truth in what I said........ meh, the way I see it these days, all money production is a crime (especially the interest part). It is printed without my permission and added to my tab and then filtered into society via banks.

Well, as more goods are sold, there is more disposable income, so more goods can be bought! There is no magical multiplier, they just do so more often or in larger quantities, and nobody has said this stuff has to come from consumption of finite resources.

You have never given an explanation why you think that, just that it is something you want to think so you can slander the financial system more.

You were demonstrably wrong to equate GDP increase with money printing, you were demonstrably wrong to equate it with money laundering. Now if you hide behind the, 'I answered you but you didn't like it excuse', you are willfully lacking the comprehension to discuss anything of value, and you'll get nothing but contempt from me because of that.

**mashman** · 25th February 2014, 17:17

Originally Posted by bogan

Well, as more goods are sold, there is more disposable income, so more goods can be bought! There is no magical multiplier, they just do so more often, and nobody has said this stuff has to come from consumption of finite resources.

You have never given an explanation why you think that, just that it is something you want to think so you can slander the financial system more.

You were demonstrably wrong to equate GDP increase with money printing, you were demonstrably wrong to equate it with money laundering. Now if you hide behind the, 'I answered you but you didn't like it excuse', you are willfully lacking the comprehension to discuss anything of value, and you'll get nothing but contempt from me because of that.

Who's going to be these higher end goods? And do they just have that money sitting around? Or are they going to borrow it? What percentage of the population have to borrow? Which resources are finite? What frequency of transaction is required?

I told you why I initially stated it, which was the point. I guess you didn't accept that and drew your own bias... as I certainly don't need more reasons to logically discount the financial system as of value to the people.

Was I?

Originally Posted by bogan

but the G20's approach is most certainly not to print all that money to increase the GDP figures

Not all. My statement still stands as I never stated how much money was going to be printed. Given fractional reserve banking they only need to print (maybe I should have written that calculator after all, meh) but they certainly don't have to print all of it. So your assumption was wrong and perhaps you should have asked instead of your jerk reaction of attack kill kill.

**bogan** · 25th February 2014, 17:22

Originally Posted by mashman

Who's going to be these higher end goods? And do they just have that money sitting around? Or are they going to borrow it? What percentage of the population have to borrow? Which resources are finite? What frequency of transaction is required?

I told you why I initially stated it, which was the point. I guess you didn't accept that and drew your own bias... as I certainly don't need more reasons to logically discount the financial system as of value to the people.

Was I?

Not all. My statement still stands as I never stated how much money was going to be printed. Given fractional reserve banking they only need to print (maybe I should have written that calculator after all, meh) but they certainly don't have to print all of it. So your assumption was wrong and perhaps you should have asked instead of your jerk reaction of attack kill kill.

As a courtesy (since you didn't seem to pick it up) I'm letting you know I now consider you too stupid to have a rational discussion with, so goodbye.

**mashman** · 25th February 2014, 17:32

Originally Posted by bogan

As a courtesy (since you didn't seem to pick it up) I'm letting you know I now consider you too stupid to have a rational discussion with, so goodbye.

.........................

**Brian d marge** · 25th February 2014, 19:58

Snip

You were demonstrably wrong to equate GDP increase with money printing, you were demonstrably wrong to equate it with money laundering.

Im not in a position to lead you to the correct web site atm
But a certain country ( the bossy one who spys a lot)
Has been borrowing money ( a lot of money ) and adding it to its GDP.
Thus increasing the gdp figures with borrowed money

Probably has one set of books for the boss and another set for the tax man

On another note , I like tax , it helps pay for my community. Excessive tax or false flag tax such as speed cameras are bang out of order

So while Im quite happy to pay my fair share , I do my best to evade the unjust Taxes. ( and they cn kiss my hairy arse for every red cent )

Stephen

Sent from my SC-01F using Tapatalk

**bogan** · 25th February 2014, 20:12

Originally Posted by Brian d marge

Snip

You were demonstrably wrong to equate GDP increase with money printing, you were demonstrably wrong to equate it with money laundering.

Im not in a position to lead you to the correct web site atm
But a certain country ( the bossy one who spys a lot)
Has been borrowing money ( a lot of money ) and adding it to its GDP.
Thus increasing the gdp figures with borrowed money

Probably has one set of books for the boss and another set for the tax man

On another note , I like tax , it helps pay for my community. Excessive tax or false flag tax such as speed cameras are bang out of order

So while Im quite happy to pay my fair share , I do my best to evade the unjust Taxes. ( and they cn kiss my hairy arse for every red cent )

Stephen

Sent from my SC-01F using Tapatalk

Even if correct, one country borrowing money and cooking the books to increase their on paper GDP doesn't mean the world will start printing more money for the same effect, or that it somehow becomes money laundering. Sorry but GDP is a good and widely used metric within the financial system, and if people cannot understand the simple concept behind it, they're severely undereducated to be critiquing the system.

I have the same views on tax, though the unjust stuff is not always avoidable, even just avoiding some of it (like rego for the weekend rider) is often enough to vent what needs venting.

**carbonhed** · 25th February 2014, 20:53

To think I used to think finance, economics and money in general was as boring as fuck! You'se cahnts have taken it to a whole 'nother level of fucking tedium.

You desperately need to get loaded.

**Brian d marge** · 25th February 2014, 21:34

Originally Posted by carbonhed

To think I used to think finance, economics and money in general was as boring as fuck! You'se cahnts have taken it to a whole 'nother level of fucking tedium.

You desperately need to get loaded.

More fool you
There is a shit load going on that will affect you

Stephen

Sent from my SC-01F using Tapatalk

**Brian d marge** · 25th February 2014, 21:37

Originally Posted by bogan

Even if correct, one country borrowing money and cooking the books to increase their on paper GDP doesn't mean the world will start printing more money for the same effect, or that it somehow becomes money laundering. Sorry but GDP is a good and widely used metric within the financial system, and if people cannot understand the simple concept behind it, they're severely undereducated to be critiquing the system.

I have the same views on tax, though the unjust stuff is not always avoidable, even just avoiding some of it (like rego for the weekend rider) is often enough to vent what needs venting.

The mechanism of gdp etc is a good reporting tool but gaebage in garbage out
I know of one country mis reporting gdp i wouldnt be surprised if there are others

Stephen

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