Trans-Pacific Partnership Agreement

[Brian d marge]

Yet, for all your confidence in youtube learnings, you can't maintain a rational discussion about the topic at hand... But I do so with ease, so who is really uninformed here?

To put the topic's salient point even more simply, only the over-issuance of fiat currency has ever caused its failure.

I'm finding it hard not to type the words blithering idiot ..

Rational and your post I wouldn't be using on the same page

I mean I have enough trouble .....

Go look at my post about the reasons why currencies fail

%. It the clue.. it been answered

Go look

Go watch

Leave keyboard alone for 3 min



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[bogan]

I'm finding it hard not to type the words blithering idiot ..

Rational and your post I wouldn't be using on the same page

I mean I have enough trouble .....

Go look at my post about the reasons why currencies fail

%. It the clue.. it been answered

Go look

Go watch

Leave keyboard alone for 3 min



Sent from my SC-01G using Tapatalk

There's no need to misdirect or drop clues. If you were of rational mind you would simply and succinctly reiterate a rebuttal to why currencies fail. It's not due to disuse, and it's not due to inflation, so what is it due to?

[Brian d marge]

There's no need to misdirect or drop clues. If you were of rational mind you would simply and succinctly reiterate a rebuttal to why currencies fail. It's not due to disuse, and it's not due to inflation, so what is it due to?

I'm not in a position to go back though the posts

But I have answered that question

FIAT currency fail for a few reason 24 % if I remember the post was from too much being created

Now because I am bored
I will introduce so other stuff I know about currencies

Rome started off at about 100 or 78 percent silver per coin and when Phillip the Arab ...had ago it was 0.002 percent silver per coin.

Or something like that

The lifespan of fiat currency is about 30 years on average

And the abbos only started using currencies since 1948 welfare reforms



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[bogan]

I'm not in a position to go back though the posts

But I have answered that question

FIAT currency fail for a few reason 24 % if I remember the post was from too much being created

Now because I am bored
I will introduce so other stuff I know about currencies

Rome started off at about 100 or 78 percent silver per coin and when Phillip the Arab ...had ago it was 0.002 percent silver per coin.

Or something like that

The lifespan of fiat currency is about 30 years on average

And the abbos only started using currencies since 1948 welfare reforms



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So you understand that fiat currencies fail from too much currency being created, over-issuance as I keep saying; great.

Now overissuance is not a realistic risk when the issuers are prudently aware of this risk; and this is evidenced by the vastly greater throughput of lasting currencies than those which have failed due to hyperinflation/overissuance. So that one gets crossed off, what are these other few reasons?

[husaberg]

I think you should watch the video as
Apparently my grasp of the English language is lacking and my marbles are nowhere to be found

So if you watch them maybe you. Will see what I have been saying all along

As ocean pointed out about diamonds
If they go and create good quality ones then you have to many goods chasing same money ..deflation

The opposite applies too much money causes inflation

The knock on effect is price goes up cpi. Cost of living rises etc

But the basic premise is. If there ain't enough stuff for the same money price goes up ...... Too much much money ( tis what Arabs are doing with oil at the moment ...)

If there is too much stuff for the money price goes down

We were talking about fiat money so money or currency was used

And I think at the end of the day semantics apart I am correct in what I said

Have a look at video its informative so is the rest of the channel

If the. QE money ain't destroyed the banks have in there power to destroy nations who have signed up the currency printing program ....



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Your grasp of english is fine.
You can't make a broad recomendation that inflation is driven by one factor, and not expect that assertion to be challanged.
The more you suggest i should watch the video less likely i am to do so. Ergo supply and demand drive interest as it does inflation.

[Brian d marge]

So you understand that fiat currencies fail from too much currency being created, over-issuance as I keep saying; great.

Now overissuance is not a realistic risk when the issuers are prudently aware of this risk; and this is evidenced by the vastly greater throughput of lasting currencies than those which have failed due to hyperinflation/overissuance. So that one gets crossed off, what are these other few reasons?

Ha????
When or where did u say that ...must of missed ...

If I buy your money......and dump it on your market

What happens to your economy

Never happen

Yeah right

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[Brian d marge]

Your grasp of english is fine.
You can't make a broad recomendation that inflation is driven by one factor, and not expect that assertion to be challanged.
The more you suggest i should watch the video less likely i am to do so. Ergo supply and demand drive interest as it does inflation.

Oh my English is fine now , a few pages ago I needed an Education ......

you should ...its educational ..he has a maker pen and a white board and everything

As for supply and demand

I would argue its a rose by a different name .. Inflation is the loss of purchasing power . The causes of the loss of purchasing power are varied , but essentially the same thing to much chasing too few. Or conversely too few chasing too much .

and yes I think it does boil down to money . ( the original quote : Absolute pure rubbish
Inflation comes from currency entering the system
Either through fractional or interest charges or now just plain printing)

That statement is true . As , of this moment i cannot think of any other way that money is created .

[husaberg]

Oh my English is fine now , a few pages ago I needed an Education ... Do make up your mind ..

you should ...its educational ..he has a maker pen and a white board and everything

What post do you refer to Stephen

[Ocean1]

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

Wasting your time, he already knows it all.

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.

And in fact NZ was the first government in the world to value it's OCR specifically in order to control inflation. A move that has since been seen as rather a good idea.

[bogan]

Ha????
When or where did u say that ...must of missed ...

I I buy your money......and dump it on your market

What happens to your economy

Never happen

Yeah right

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A number of times on this page, and also way back in post #958

And all that have failed have been due to hyperinflation from over-issuance..

Using a currency to make hostile acts on another currency is a superceding action; not an inherent attribute to cause the inevitable failure of all currency.

Specifically, your example is not well supported by market dynamics (rapidity of buying high and selling low will actually deflate it, not inflate it), and I'd be surprised if such actions had ever been taken in any sort of widespread way.

[Brian d marge]

Wasting your time, he already knows it all.

QUOTE=bogan;1130947688]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.

And in fact NZ was the first government in the world to value it's OCR in order to control inflation. A move that has since been seen as rather a good idea.[/QUOTE]
]
well it is clear I know more than you on the subject

and as for controlling inflation , that good Idea seems to be working rather well ......NOT ...( seen the news lately ? )

[Ocean1]

well it is clear I know more than you on the subject

and as for controlling inflation , that good Idea seems to be working rather well ......NOT ...( seen the news lately ? )

I've no doubt it's clear to you. But then you're the fuckwit trying to blame monetary systems for all your problems.

And yeah, the news in NZ is fucking excellent compared to most the rest of the world, which sorta fucks your idea up even more, dunnit?

[Brian d marge]

I've no doubt it's clear to you. But then you're the fuckwit trying to blame monetary systems for all your problems.

And yeah, the news in NZ is fucking excellent compared to most the rest of the world, which sorta fucks your idea up even more, dunnit?

oh really

• Prices fell 0.5% in fourth quarter, the most since 2008
• Currency slumps more than half a U.S. cent after data

New Zealand is on the brink of deflation after prices fell more than economists forecast in the fourth quarter, heaping pressure on the central bank to cut interest rates to a fresh record low.

and I'm a fk wit ? at least I have a clue whats going on

[TheDemonLord]

From 1170 roughly the English used a split stick
To pay taxes ... And meet debt repayment
It was quite successful ..
Gold is used because of it durability and the qualities I listed before
And it rarity and perceived value
Some people even use big rocks as money or the distance between big rocks
But the point you are missing is that gold enters the system at the rate of its discovery and cannot be created ....
Sooo tends to be a good storage of purchasing power
Tis why historically we have used it
Fiat currency is just a promise by Obama or Mario dragi..... Can ya see that lasting ,???
Currency backed by gold works you are representing gold by a more manageable material... Don't buy into the Adam Smith lie of there wasn't enough to facilitate modern trade ..that's bullshyt

Just a little side note ....if you look at the gold spot price it basically bottomed .. Look at who fixes the price, hbc Goldman......etc and look at their gold positions... Now you would only drop the gold price if you were buying ....and ya only buy gold when the currency is tanking

Remember physical gold is leveraged at about 300 To 1 to paper gold
We the people are being played hook line and sinker ...imho

It doesn't matter what Rate Gold enters the system, it is for the most part inherently worthless, except for our perception that it is worth something, Which is the same problem that Money can have

As Bogan has pointed out - the failures of Economies is more due to Over-Issuance than any inherent flaws in the system, A second thought experiment - Imagine I discover under my house a massive cache of Gold (measuring over 20 Meters in Height, Width and Depth) - and released it onto the Market - Would Gold still hold it's Value, or would it have the same problem of Paper Money that has been over-issued?

[TheDemonLord]

Nothing is more portable than Gold. Nothing is more portable than Tally Sticks. Nothing is more portable than any currency. Nothing is more portable than $. Nothing is more portable than the Euro. Nothing relies on exactly the same principle as Gold and Paper. Why aren't you using nothing yet?

We're doing more than just imagining it

Agreed.

How do you use Nothing to compare 2 objects - that is where Nothing Fails.