Trans-Pacific Partnership Agreement

[Akzle]

Well as you're so keen to point out it's theirs in the first place. Who else do you suppose should guarantee it?

Only, I doubt you've got quite the credibility to pull it off, y'know?

you didnt answer the question.

And i usually pull it daily. Sometimes twice.

[Akzle]

also, since you mentioned guarantee. It isn't.

[Brian d marge]

Inflation is a designed and desired part of currency, to claim it as evidence the whole system is a failure shows a profound lack of understanding about the function of currency.

Free tip though, you can swap all your money for gold at any time, there are a number of places that offer this service. If you want to go through me though, I'll insist on up front payment in full, and a 15% commission.

Absolute pure rubbish
Inflation comes from currency entering the system
Either through fractional or interest charges or now just plain printing

Please have a small idea of the subject before posting

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[Brian d marge]

Which was obviously a superior device to the somewhat more abstract monetary unit.

What, with it's continued use from inception to the current day an' all.

I dear say you must have quite a few stashed away under your mattress.

Or is it possible, I wonder if you simply can't wrap your teeny brain around such an intangible concept.



And of course the value of gold is written in granite, part of the ten commandments, nothing to do with anything as wishy washy as perceived current market value.

And diamonds, don't forget diamonds, always rock solid at their rate of discovery, impossible to counterfeit.

Except the price of gold only fails to fluctuate if comparisons to everything else of value are made against an arbitrarily static gold price. An artificial concept in the first place.

And except it's now possible to make diamonds, so close to naturally occurring diamonds it's not possible to tell the difference at all.

So you're one-trick-pony obsession with the tragic consequences of the absurd Bretton Woods debacle is a crock of shit. The abandonment of the "gold standard" was simply removing a layer of perceived value to the single, simple guarantee on the currency itself.


But I guess everyone has their bogyman, carry on.

Classic fail in understanding

The bit of wood was very successful
700 years it was used ......

But it suffered the same fate as Gadaffis dinar

There's a famous painting of its demise

But then you know all this what with your knowledge of economics and all

Not


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[Brian d marge]

Inflation is a designed and desired part of currency, to claim it as evidence the whole system is a failure shows a profound lack of understanding about the function of currency.

Free tip though, you can swap all your money for gold at any time, there are a number of places that offer this service. If you want to go through me though, I'll insist on up front payment in full, and a 15% commission.

Done deal ...I'll give you 15 percent up front and a bottle of highland single malt

100 000 yen

You give me the equivalent in physical gold at today's spot price

Must be physical ...no paper or futures



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[Brian d marge]

Which was obviously a superior device to the somewhat more abstract monetary unit.

What, with it's continued use from inception to the current day an' all.

I dear say you must have quite a few stashed away under your mattress.

Or is it possible, I wonder if you simply can't wrap your teeny brain around such an intangible concept.



And of course the value of gold is written in granite, part of the ten commandments, nothing to do with anything as wishy washy as perceived current market value.

And diamonds, don't forget diamonds, always rock solid at their rate of discovery, impossible to counterfeit.

Except the price of gold only fails to fluctuate if comparisons to everything else of value are made against an arbitrarily static gold price. An artificial concept in the first place.

And except it's now possible to make diamonds, so close to naturally occurring diamonds it's not possible to tell the difference at all.

So you're one-trick-pony obsession with the tragic consequences of the absurd Bretton Woods debacle is a crock of shit. The abandonment of the "gold standard" was simply removing a layer of perceived value to the single, simple guarantee on the currency itself.


But I guess everyone has their bogyman, carry on.

The only thing of value in that post was the diamond manufacture

That will be interesting as either A the rate of finding natural diamond s is falling or B the diamond market value will crash
Or D ..perceived market value will endure until market is flooded and then crash leaving the sheep holding worthless paper ...

HBC ...drug running and fleecing sheep and setting market rates since ages ago

PS if ya don't want to buy the bridge I may have another fool ..buyer that might be interested

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[bogan]

Absolute pure rubbish
Inflation comes from currency entering the system
Either through fractional or interest charges or now just plain printing

Please have a small idea of the subject before posting

Sent from my SC-01G using Tapatalk

And the amount of money entering the system is controlled to create stable inflation.

Here's a link about inflation you might wish to use to gain a basic education on the subject matter.

http://www.investopedia.com/terms/i/inflation.asp

In any case, clearly a slight and steady inflation does not cause the failure of fiat currency (apart from the rotation of denominations of course), this is evidenced by the link you posted showing only hyperinflation (in which monthly inflation exceeds 50%) causes a currency to fail. Perhaps you would like to try making another point as to why all fiat currencies will fail? or perhaps it is time to learn that your earlier statement was in error.

[bogan]

Done deal ...I'll give you 15 percent up front and a bottle of highland single malt

100 000 yen

You give me the equivalent in physical gold at today's spot price

Must be physical ...no paper or futures



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You misunderstand, it is 100% up front, of which 15% is my commision. 85,000 yen's worth of physical gold after fabrication, rounding, and shipping will be approximately 15 grams.

[Akzle]

And the amount of money entering the system is controlled to create stable inflation.

do you fucken hear yourself? Like, do you actually think about the shit your saying?

[Katman]

Like, do you actually think about the shit your saying?

Dude, he's young.

[husaberg]

Inflation comes from currency entering the system


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Say What..........

Inflation drivers

Rising wages
Rising wages are a key cause of cost push inflation because wages are the most significant cost for many firms. (higher wages may also contribute to rising demand)

Import prices
If there is a dollar devaluation then import prices will become more expensive leading to an increase in inflation. A devaluation / depreciation means the Pound is worth less, therefore we have to pay more to buy the same imported goods.

Raw Material Prices
The best example is the price of oil, if the oil price increase by 20% then this will have a significant impact on most goods in the economy and this will lead to cost push inflation.

Higher taxes
If the government put up taxes, such as GST and Excise duty, this will lead to higher prices, and therefore CPI will increase.

Rising house prices
Rising house prices do not directly cause inflation, but they can cause a positive wealth effect and encourage consumer led economic growth. This can indirectly cause demand pull inflation.

Printing more money
If the Central Bank prints more money, you would expect to see a rise in inflation. This is because the money supply plays an important role in determining prices. If there is more money chasing the same amount of goods, then prices will rise. Hyperinflation is usually caused by an extreme increase in the money supply.

Oil prices traditionally drive NZ's inflation as everything is transported to and from markets as are the consumers etc

[Brian d marge]

Say What..........

Inflation drivers


Oil prices traditionally drive NZ's inflation as everything is transported to and from markets as are the consumers etc

Think about what u posted ....u will find what I said is correct

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[husaberg]

Think about what u posted ....u will find what I said is correct

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No I did think about what you posted, dimissed it then i corrected it for you.
the price of good imported international comodities and raw materials and oil has mostly nothing to do with your asertion. You need to think locally rather than globally.

[flyingcrocodile46]

Say What..........

Inflation drivers


Oil prices traditionally drive NZ's inflation as everything is transported to and from markets as are the consumers etc

Money has no value other than that which is measured by the amount of product it secures.

What do you think happens to the value of money when the the amount of product remains static due to a drop in production (as it has for the last 7 or 8 years internationally) while the amount of money in circulation doubles (like when the Fed was pumping up to $95 billion a month into the international economy during QE1-4)? It halves in value because it has to be divided into the same amount of product as was available before the amount of money doubled. That's inflation with direct correlation to money creation and is easily evidenced in places and in recent times past in the likes of Brazil which saw inflation rates running to triple digits in a matter of days.

[Akzle]

Dude, he's young.

i resent the implication