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Economy => Economics => Topic started by: myself on October 17, 2011, 09:59:49 AM



Title: del
Post by: myself on October 17, 2011, 09:59:49 AM
del


Title: Re: occupy george and parallel currency
Post by: md2k7 on October 17, 2011, 10:09:07 AM
So you mean you print your message onto those $1 bills in red paint, and then banks still need to accept them?


Title: Re: occupy george and parallel currency
Post by: BubbleBoy on October 17, 2011, 10:22:42 AM
Interesting colour choice. I really don't care if the rich of the 21st century are richer than those of the 1960s, as long as the middle and lower class is also getting richer. The protesters should focus on things that promote the wealth polarisation: competition for employment, cost of education, tax burden on the lower classes, etc.

Focusing on the polarisation itself is wrong because the solution suggested is the good old egalitarian "kill the rich!". So a bunch of people are working their asses off and get rich, while you are standing around protesting of how poor you are ? Well, fuck you sir.

As it stands, this is simply red propaganda.


Title: Re: occupy george and parallel currency
Post by: cbeast on October 17, 2011, 12:20:25 PM
At least in the USA it is a crime to intentionally deface currency, although I have squished many a penny at our fine museums.


Title: Re: occupy george and parallel currency
Post by: mobodick on October 17, 2011, 04:21:34 PM
http://farm7.static.flickr.com/6222/6239427278_e2c2678d7e_o.jpg (http://occupygeorge.com/)

my dreams are about to become reality, long time ago i did talk to some friends about marking euro bills  w/ our city name and kinda make our own local euro, now some ows use this on 1$ bills - i hope they use real money if they dont they are stupid- and this can be awesome because if banks dont accept this bills you kinda make a parallel currency, just normal need to accept this bills ;D -again must be real 1$ bills so will have some value to the average joe- if banks accept this bills well this is awesome for propaganda for ows   

... so you mean you didn't notice this is CGI?


Title: Re: occupy george and parallel currency
Post by: Transisto on October 17, 2011, 04:50:07 PM
I see no way to stop propaganda via $ bills.

What are the precedents to this ?


Title: Re: occupy george and parallel currency
Post by: Revalin on October 17, 2011, 09:08:06 PM
Lifecycle:  Deface some currency; give it to someone; they spend it at the grocery store; store deposits it at their bank; bank sorts it into the "damaged" pile; the notes go home, get shredded, and are replaced with crisp new ones; life goes on.

It's just paper.


Title: Re: occupy george and parallel currency
Post by: Transisto on October 17, 2011, 10:34:21 PM
Lifecycle:  Deface some currency; give it to someone; they spend it at the grocery store; store deposits it at their bank; bank sorts it into the "damaged" pile; the notes go home, get shredded, and are replaced with crisp new ones; life goes on.

It's just paper.
What about writing it so small it's barely noticeable and doing it on a large scale ?


Title: Re: occupy george and parallel currency
Post by: Revalin on October 18, 2011, 08:06:57 AM
Have a look and see how well it works!  http://www.wheresgeorge.com/


Title: Re: occupy george and parallel currency
Post by: Transisto on November 05, 2011, 08:49:44 AM
Have a look and see how well it works!  http://www.wheresgeorge.com/
Totally unrelated.
 It is about tracking bills by serial number not tampering them.


Title: Re: occupy george and parallel currency
Post by: Revalin on November 05, 2011, 09:40:38 AM
Related.  Where's George bills get the URL written on them so that future holders will visit the site.  It's a small marking done on a relatively large scale, and their site gives you a pretty good sense of how long such lightly-modified bills stay in circulation and how often someone cares enough to actually pay attention to something written on their money.


Title: Re: occupy george and parallel currency
Post by: Etlase2 on November 07, 2011, 08:25:33 AM
At least in the USA it is a crime to intentionally deface currency, although I have squished many a penny at our fine museums.

it isn't a crime to deface a bill or squish a penny unless there is fraudulent intent such as adding two zeros to make a $1 look like a $100, or possibly blacking out the serial number so it can't be reissued.

As long as banks can read the serial number they have to accept the cash.

and what's the deal with 400+150m not adding up to 300+m?


Title: Re: occupy george and parallel currency
Post by: Viking on November 07, 2011, 04:23:04 PM
Interesting colour choice. I really don't care if the rich of the 21st century are richer than those of the 1960s, as long as the middle and lower class is also getting richer. The protesters should focus on things that promote the wealth polarisation: competition for employment, cost of education, tax burden on the lower classes, etc.

Focusing on the polarisation itself is wrong because the solution suggested is the good old egalitarian "kill the rich!". So a bunch of people are working their asses off and get rich, while you are standing around protesting of how poor you are ? Well, fuck you sir.

As it stands, this is simply red propaganda.

Hmm, what's wrong with a diagnosis. I for one, would not like my doctor to treat me, if he did not check what was wrong with me first. After that we can talk about probable causes and treatment options.


Title: Re: occupy george and parallel currency
Post by: ElectricMucus on November 07, 2011, 04:28:23 PM
I suspect doing in a systematic fashion could get you arrested. No idea for what but recent developments (liberty dollar) they always come up with something...


Title: Re: occupy george and parallel currency
Post by: sadpandatech on November 07, 2011, 08:34:59 PM
and what's the deal with 400+150m not adding up to 300+m?


  Without going and digging through a bunch of statistics, they are likely refering to the number of 'employable' Americans. I.e., of work age, legal status, not disabled, not retired, etc...  Whether it is accurate or not, that's another question. It looks about right though.

  edit; fixed the usual typos and grammatical errors.
 


Title: Re: occupy george and parallel currency
Post by: Etlase2 on November 07, 2011, 08:37:33 PM
  Without going and digging through a bunch of statistics, they are likely refering to the number of 'employable' Americans. I.e., of work age, legal status, not disabled, not retired, etc...  Wether it is accurate or not, thats another question. It looks about right though.

Ah that makes sense.