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3801  Economy / Economics / Re: is it possible at all for a bank to be honest on: November 06, 2014, 03:30:46 AM
If you write "I demand full disclosure on all transactions" or words to that effect on your account agreement, no bank will accept it.
Yeah, because that's an incredibly vague demand. What constitutes "full disclosure"? Why does a bank owe that to you?

HONESTY constitutes full disclosure, and you are not able to demand it from a bank. Therefore, it is not possible at all for a bank to be honest; i.e. you cannot enter into such an agreement with a bank.
Ok, what does that literally mean? What information do you want to know? Why are you entitled to that information?
3802  Economy / Economics / Re: Another Deal to Circumvent the Dollar on: November 06, 2014, 12:16:51 AM
A year old article spells doom for the dollar!

What crap. At least put some thought into it.
3803  Economy / Economics / Re: what if fiat money is just a print and pump ??? on: November 05, 2014, 04:16:47 AM
Fiat money works. We all use it regularly. Amazing.
3804  Economy / Economics / Re: Audit of the Federal Reserve Reveals $16 Trillion in Secret Bailouts on: November 04, 2014, 06:00:44 AM
What a crappy poster, at least format your spam and use one big spam thread.
3805  Economy / Economics / Re: The dow will hit 30k before it falls below 10k again. on: November 04, 2014, 05:59:48 AM
Unsupported because making random predictions is just that; random. Why would the market act this way? What is the causation, how can it be predicted, why does it benefit BTC? This is mindless posting, nothing of value.
Maybe you don't remember 2008? The bubble was growing much slower then than now. Unsustainable growth is the predicted cause. Maybe the OP is wrong, but I would hardly call it random.
What bubble? Demonstrate some facts and evidence to support a conclusion. Maybe the OP isn't offering anything except random ideas, and that's not useful to this community. Offer some well thought-out predictions using the available information. Advance the conversation rather than "Well things are going to happen maybe sometime or not!"
3806  Economy / Economics / Re: is it possible at all for a bank to be honest on: November 04, 2014, 05:57:38 AM
If you write "I demand full disclosure on all transactions" or words to that effect on your account agreement, no bank will accept it.
Yeah, because that's an incredibly vague demand. What constitutes "full disclosure"? Why does a bank owe that to you?
3807  Economy / Economics / Re: The dow will hit 30k before it falls below 10k again. on: November 04, 2014, 04:38:51 AM
Yeah, this is a random unsupported post. Why would the DOW do this?
Unsupported because stock markets never crash?
Unsupported because making random predictions is just that; random. Why would the market act this way? What is the causation, how can it be predicted, why does it benefit BTC? This is mindless posting, nothing of value.
3808  Economy / Economics / Re: (The Fed) Federal Reserve Inc. = 100 Years of Failure on: November 04, 2014, 04:37:37 AM
It would be really cool if you put all your spam together in one thread dude
3809  Economy / Economics / Re: The dow will hit 30k before it falls below 10k again. on: November 04, 2014, 03:45:31 AM
Yeah, this is a random unsupported post. Why would the DOW do this?
3810  Economy / Economics / Re: 51 countries signed an agreement to “end tax evasion and money laundering.” on: November 04, 2014, 03:44:17 AM
Probably not that relevant to Bitcoin
3811  Bitcoin / Project Development / Re: Zerominer Co.'s Funding Scheme on: November 04, 2014, 03:42:53 AM
You want 2.5 mil and you're posting on this board with no transparency and no background? Good luck
3812  Bitcoin / Project Development / Re: [OFFICIAL ANNOUNCEMENT THREAD] TRUCOIN - BUY BITCOIN INSTANTLY on: November 04, 2014, 03:41:53 AM
Hmm, looks decent, but is it better than Circle?
3813  Economy / Economics / Re: Bitcoin: “A Better Store of Value” than the Currencies of Mismanaged Economies on: November 04, 2014, 02:03:55 AM
Bitcoin is another means of of storing value, that's about it.
3814  Economy / Economics / Re: why do people agree to pay taxes? on: November 03, 2014, 12:59:12 AM
Here's a thought: why not make all taxes voluntary?

I'm guessing that most people believe taxes to be good and dislike tax avoiders.  Surely, most of these people would still pay their taxes in full even were they not legally required to do so.  This way, the government still gets sufficient funds to provide various services and the tiny minority of anarchists will experience some relief from government oppression.

because even the pro government hypocrites who reply in this thread know damn well they wouldn't pay even 50% of what they are required to pay today in taxes for the services the government currently provides if they weren't forced to do it by armed thugs.
Why not up the ante? Folks who decide to pay no taxes don't get the benefit of anything that was/is funded via taxes.
3815  Economy / Economics / Re: why do people agree to pay taxes? on: November 02, 2014, 10:57:20 PM
you look at America before 1913 as if all it had was slavery and corruption.
you completely ignore that it was then that the American empire was created,
money was honest and backed by gold, banks couldn't manipulate the interest rate and print unlimited supplies of it and get away with it like they do today.
there was no minimum wage, you could get a job even if your labor was worth very little, learn a trade and climb the corporate ladder, production efficiency was high.
there was no income tax, you could keep almost all of your hard labor.
despite of production costs back then being much higher due to old technology a family could live on one paycheck, something that is impossible for a median family today.
You're ignoring incredible suffering and inequality for a few anecdotes of idealistic thinking. How amazingly void of usefulness. That and your statements are basically just made up things you think are good points.

the standard of living has risen due to technological improvements and despite the minimum wage not because of it.
it is the reason why nothing is produced in America anymore and why America owes trillions to China.
it is the reason why the unemployed college graduates can't get a job, their labor is worth less than the minimum wage and no one will hire them, this prevents them from getting their foot at the door, learning the trade and climbing the corporate ladder.
These are overly dramatic statements that really don't say anything. This hyperbole is great for rabble rousing, and poor at anything else. If you want to be taken seriously, talk like a reasonable adult and think like a reasonably education adult. This crap is just that...crap.
3816  Economy / Economics / Re: is it possible at all for a bank to be honest on: November 02, 2014, 10:36:33 PM
So, if I give my money to a bank, it's partially my fault? Huh, how about that; you can't lay all evils at the feet of banks because you're too lazy to think deeper.
3817  Economy / Economics / Re: When money dies on: November 02, 2014, 10:33:52 PM
your right, we should take the monetarist/Keynesian scam that destroyed world markets twice (soon to be three) in the last 14 years seriously.

why do we even play games with money printing and interest rates, working so hard to prop prices up.
lets just skip right to a north korean command economy model and dictate what the price of everything should be and be done with it.
Well, it makes sense to take the dominant model seriously, since it is at work every day. I don't think you can lay all these evils at the feet of an economic model, however, that's simply lazy thinking.
3818  Economy / Economics / Re: why do people agree to pay taxes? on: November 02, 2014, 08:47:31 PM
arpanet was not the only packet switched network, the idea existed in multiple places back then and would have been developed anyway, government money or not.
Source?

the French had their own network
https://en.wikipedia.org/wiki/CYCLADES

The academy was already working on packet switching before ARPANET even existed.
https://en.wikipedia.org/wiki/Leonard_Kleinrock
Quote
A computer science professor at UCLA's Henry Samueli School of Engineering and Applied Science, he made several important contributions to the field of computer networking, in particular to the theoretical side of computer networking. He also played an important role in the development of the ARPANET, the precursor to the Internet, at UCLA.

in particular his phd work "Information Flow in Large Communication Nets" was published on May 1961, 8 years before ARPANET.
Did you even read your sources? All of this research was funded through either the government or through public universities haha, that's exactly what I said.

Google, Facebook, Youtube, all top 10 of the most popular websites on the internet were made by private companies.
So you really have no idea, you're just throwing things out and hoping they stick.

in America before the fed was created in 1913.
the situation started to deteriorate from then until in 1971 America completely defaulted on its promise to redeem dollars for gold and started to print huge amounts of money effectively manipulating the money markets.
You mean the time period when workers were exploited using incredibly unfair labor practices *cough* slavery, the government allowed monopolies because many elections were essentially bought, and we had literal legal slavery? When large firms, to avoid competition, would kill opponents to seize land and property in the West, abuse their political connections to strong arm small firms or landowners, and indentured servitude was the norm for thousands of immigrants? This is your golden age of American existence?

the first attempt in America to establish a minimum wage was in 1933, back then the supreme court actually declared it to be unconstitutional.
https://en.wikipedia.org/wiki/Minimum_wage_in_the_United_States#Prior_U.S._minimum_wages_laws
Quote
The first attempt at establishing a national minimum wage came in 1933, when a $0.25 per hour standard was set as part of the National Industrial Recovery Act. However, in the 1935 court case Schechter Poultry Corp. v. United States (295 U.S. 495), the United States Supreme Court declared the act unconstitutional, and the minimum wage was abolished.
only in 1938 did the government finally manage to bend the constitution over and enact this socialist law.
making it illegal for you to work if your labor is worth less than the minimum.
Yeah, they didn't bend the Constitution, they utilized the Commerce Clause iirc to establish the right to regulate employment. This helped lead to the enormous rise in living standards we've seen this century, and the creation of the middle class. I know you've read a lot of things on the interwebs, and everyone screams enough anarcho-capitalist stuff that you believe it, but it isn't accurate just because you've seen or read a large amount of it.
3819  Economy / Economics / Re: Bitcoin or Gold? What would you pick? on: November 02, 2014, 06:32:21 PM
Gold, 80%. Bitcoin for the other 20%.
3820  Economy / Speculation / Re: When Bitcoin will go around 600 BTC again? on: November 02, 2014, 06:31:16 PM
How do you expect someone to answer this?
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