Trans-Pacific Partnership Agreement

[Brian d marge]

That's a perfect example of shying away from rational discussion.

I have that knowledge now, that is why you are left foundering while trying to make a point that is illogical in the context of an education on those matters.

So you want me

In the space of 140 characters

To spoon feed you . something that has taken me more than 5 or more years

Because you are too lazy

IF you can provide some evidence ...even ocean does that

To illustrate your point I may get animated

Homework. You need to do

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[bogan]

So you want me

In the space of 140 characters

To spoon feed you . something that has taken me more than 5 or more years

Because you are too lazy

IF you can provide some evidence ...even ocean does that

To illustrate your point I may get animated

Homework. You need to do

Sent from my SC-01G using Tapatalk

No, I want you to point out why fiat currency's success is directly tied to its longevity, you've been evading this for pages now. This was a point you made, so the onus is on you to back that up; it's very simple. I disagree based on a value judgement, that fiat currency is simply a tool for betterment of the economy, which in itself is a tool to increase our quality of life. So what, specifically, is the evidence I am too lazy to come up with? because all I can see, is that you want me to make your point for you...

[Woodman]

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[puddytat]

I reckon.....

[bogan]

I reckon.....

Well he replied to a single post three times over a day, so I figured it was pretty important

[Brian d marge]

Well he replied to a single post three times over a day, so I figured it was pretty important

Well it is Saturday and and I have nowt to do so I might as well push sh up a hill

And its it intriguing to ..and all was is to see how many words you can fling at a page for such a simple point



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[bogan]

..and all was is to see how many words you can fling at a page for such a simple point

And you still didn't manage to get it

With opponents like you it is no wonder the TPPA is going ahead

[Brian d marge]

No, I want you to point out why fiat currency's success is directly tied to its longevity,

Where did you in any of my posts ..read that

And it shows you have no friggen idea of what money or even currency is or the difference between

So go and do some homework


you've been evading this for pages now. This was a point you made, so the onus is on you to back that up; it's very simple. I disagree based on a value judgement, that fiat currency is simply a tool for betterment of the economy, which in itself is a tool to increase our quality of life. So what, specifically, is the evidence I am too lazy to come up with? because all I can see, is that you want me to make your point for you...

Well until you understand what currency is ... The statement that it currency makes life better or the em better ment of
Shows a distinct lack of understanding of currency ... Yes it can facilitate trade
But can it store wealth?

And as Voltaire said (all?) fiat currencies all return to their intrinsic value

Think about that

You may see why I just quoted some famous hyperinflated currencies ..

We're they a mark of success???

We're they store of wealth

Did they better the life of the majority of the users


So if you disagree due to a value judgement

I question your values





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[Brian d marge]

And you still didn't manage to get it

With opponents like you it is no wonder the TPPA is going ahead

If you read my previous posts ..and if you actually knew what you were talking about you might find my posts informative

But .... Because you don't have the basics ..it might as well be Swahili.

Homework you really need to do it

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[bogan]

Well until you understand what currency is ... The statement that it currency makes life better or the em better ment of
Shows a distinct lack of understanding of currency ... Yes it can facilitate trade
But can it store wealth?

And as Voltaire said (all?) fiat currencies all return to their intrinsic value

Think about that

You may see why I just quoted some famous hyperinflated currencies ..

We're they a mark of success???

We're they store of wealth

Did they better the life of the majority of the users


So if you disagree due to a value judgement

I question your values





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It is that facilitation of trade that makes it successful. How long it lasts, or how well it can store wealth is very much secondary to that.

And without trade our quality of life would be much lower, surely you can see that?

[Brian d marge]

It is that facilitation of trade that makes it successful. How long it lasts, or how well it can store wealth is very much secondary to that.

And without trade our quality of life would be much lower, surely you can see that?

You could do that with money ( trade)

But if the currency doesn't retain its purchasing power .... You need more of the stuff to facilitate the trade

Or use it as wall paper ...

Dude seriously spend 2 min on internet looking up what money is or does .......and what a currency is and does


http://www.rapidtrends.com/history-o...oney-failures/

I sure these people were really happy when their currency tanked and they lost everything ( except those with assets ..)
..not a bad list ..
Look how many failed due to. .


drumroll



Hyperinflation

Not my idea of success ..... Me thinks
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[TheDemonLord]

http://www.rapidtrends.com/history-o...oney-failures/

I sure these people were really happy when their currency tanked and they lost everything ( except those with assets ..)
..not a bad list ..
Look how many failed due to. .

Interesting Link - if however your claim is true, what is your explanation for say the British Pound exisitng since 1694? - it seems that a lot of the currencies listed are from countries with poor Economies.

I'd say that it is not the fault of the Money, but an underlying problem with the Nation/Economy/society.

Another interesting note is the oldest Currencies are from Countries that had strong legal groundings protecting the rights of the individual.

[bogan]

You could do that with money ( trade)

And we do, so the basic function of money has succeeded.

But if the currency doesn't retain its purchasing power .... You need more of the stuff to facilitate the trade

Or use it as wall paper ...

Dude seriously spend 2 min on internet looking up what money is or does .......and what a currency is and does


http://www.rapidtrends.com/history-o...oney-failures/

I sure these people were really happy when their currency tanked and they lost everything ( except those with assets ..)
..not a bad list ..
Look how many failed due to. .


drumroll



Hyperinflation

Not my idea of success ..... Me thinks
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I know what a currency is and does; medium of exchange (trade), standardised value measure, and storage of account.

these quotes from your own source:
"At present there are 177 currencies being used in the world"
"Excluding the early paper currencies of China up until the 15th century and the majority of paper currencies that existed in China until 1935, there are 609 currencies no longer in circulation. Of these, at least 153 were destroyed as a result of hyperinflation caused by over-issuance. The remainder were revalued, destroyed by military occupation/liberation, renamed for political reasons, or were converted to another currency. "

So from your own source, there are more currencies currently in use now, than have failed. And all that have failed have been due to hyperinflation from over-issuance. So as long as inflation is kept under control by issuance (basic govt function), there is no historical evidence that a currency can fail (the remainder categories are obviously in the superceded/converted category).

Obviously hyperinflation is not my idea of success either, but it is in minority; extreme minority if you weight it by represented value exchange. To say all money fails just because some has, is completely illogical.

[bogan]

I'd say that it is not the fault of the Money, but an underlying problem with the Nation/Economy/society.

Another interesting note is the oldest Currencies are from Countries that had strong legal groundings protecting the rights of the individual.

Agreed, but as we correlate and partially attribute the boon of technology and quality of life with monetary economies, we must do so for its abuses; to which a better system would be more robust.

Perhaps this is more due to the country being more stable based on those rights, although another likely option is those rights ensuring govt accountability and responsibility with its issuance. Or maybe just smart govt can see the benefits of individual rights, and a stable monetary system.

[TheDemonLord]

Perhaps this is more due to the country being more stable based on those rights, although another likely option is those rights ensuring govt accountability and responsibility with its issuance. Or maybe just smart govt can see the benefits of individual rights, and a stable monetary system.

I'd say its a combination.

Personal Rights create Personal responsibility
Personal Rights mandate certain limits to Government Power and Government Repsonsibility

Also I think that there is time period needed to shift Societal Attitudes - It took the West Centuries to get right (The Renaissance through to Victorian/Edwardian times)

And we are still getting it wrong occassionally....