Bitcoin Forum
October 23, 2019, 03:43:53 AM *
News: Latest Bitcoin Core release: 0.18.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 »  All
  Print  
Author Topic: SMACKDOWN ON JANET YIDDEN  (Read 1864 times)
strunberg
Sr. Member
****
Online Online

Activity: 812
Merit: 251

CryptoTalk.Org - Get Paid for every Post!


View Profile
January 06, 2014, 07:24:06 PM
 #1

http://www.c-span.org/Live-Video/C-SPAN2/


So far...

The Cow wants NEGATIVE interest rates,she wants to print 200 billion a month instead of 80 billion,and we're  over 10% unemployment  now.

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
CryptoTalk.org| 
MAKE POSTS AND EARN BTC!
🏆
[/table
1571802233
Hero Member
*
Offline Offline

Posts: 1571802233

View Profile Personal Message (Offline)

Ignore
1571802233
Reply with quote  #2

1571802233
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1571802233
Hero Member
*
Offline Offline

Posts: 1571802233

View Profile Personal Message (Offline)

Ignore
1571802233
Reply with quote  #2

1571802233
Report to moderator
1571802233
Hero Member
*
Offline Offline

Posts: 1571802233

View Profile Personal Message (Offline)

Ignore
1571802233
Reply with quote  #2

1571802233
Report to moderator
SPC_Bitcoin
Member
**
Offline Offline

Activity: 111
Merit: 10


Coffee makes it all better!


View Profile
January 06, 2014, 10:29:54 PM
 #2

one thing you can always count on from the FED is lies and destruction.

wow, that guy's introduction, talk about an asslicking!

NEVER GOT PAID.
davidgdg
Hero Member
*****
Offline Offline

Activity: 528
Merit: 500


View Profile
January 08, 2014, 01:38:28 PM
 #3

To call her "Yidden" in your post title is neither clever nor funny

"There is only one thing that is seriously morally wrong with the world, and that is politics. By 'politics' I mean all that, and only what, involves the State." Jan Lester "Escape from Leviathan"
Borbolon
Member
**
Offline Offline

Activity: 112
Merit: 10


View Profile
January 08, 2014, 02:07:23 PM
 #4

To 'yell' the title using caps like that, isn't very polite either.. Roll Eyes
thaaanos
Sr. Member
****
Offline Offline

Activity: 370
Merit: 250


View Profile
January 08, 2014, 03:22:57 PM
 #5

The Cow wants NEGATIVE interest rates...
Why isn't Deflation such a wonderfull thing?
LiteCoinGuy
Legendary
*
Offline Offline

Activity: 1148
Merit: 1001


In Satoshi I Trust


View Profile WWW
January 08, 2014, 10:14:03 PM
 #6

http://www.c-span.org/Live-Video/C-SPAN2/


So far...

The Cow wants NEGATIVE interest rates,she wants to print 200 billion a month instead of 80 billion,and we're  over 10% unemployment  now.

wow, not bad. the last days will be a funny ride  Roll Eyes

Adrian-x
Legendary
*
Offline Offline

Activity: 1372
Merit: 1000



View Profile
January 09, 2014, 12:23:44 AM
 #7

The Cow wants NEGATIVE interest rates...
Why isn't Deflation such a wonderfull thing?
Deflation is a wonderful thing it discourages malinvestment, and savers benefit, there are 5 billion that live today in a world of scarcity that you predict will ensue with deflation, deflation isn’t bad, and it implies big change for the other 20% who will have to change there thinking and lifestyles.

Why is inflation seen as a good thing?

Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
thaaanos
Sr. Member
****
Offline Offline

Activity: 370
Merit: 250


View Profile
January 09, 2014, 10:33:02 AM
 #8

The Cow wants NEGATIVE interest rates...
Why isn't Deflation such a wonderfull thing?
Deflation is a wonderful thing it discourages malinvestment, and savers benefit, there are 5 billion that live today in a world of scarcity that you predict will ensue with deflation, deflation isn’t bad, and it implies big change for the other 20% who will have to change there thinking and lifestyles.

Why is inflation seen as a good thing?


No the question here is why NEGATIVE interest rates are bad?
Ibian
Legendary
*
Offline Offline

Activity: 2072
Merit: 1189



View Profile
January 09, 2014, 10:37:38 AM
 #9

The Cow wants NEGATIVE interest rates...
Why isn't Deflation such a wonderfull thing?
Deflation is a wonderful thing it discourages malinvestment, and savers benefit, there are 5 billion that live today in a world of scarcity that you predict will ensue with deflation, deflation isn’t bad, and it implies big change for the other 20% who will have to change there thinking and lifestyles.

Why is inflation seen as a good thing?


No the question here is why NEGATIVE interest rates are bad?
Hey guy you wanna lend me a bit of money? I'll pay 10% interest. Of course it will be negative interest so you will get back 90% of what you lent me. The more the better, I can pay back the day after!

Look inside yourself, and you will see that you are the bubble.
thaaanos
Sr. Member
****
Offline Offline

Activity: 370
Merit: 250


View Profile
January 09, 2014, 11:19:30 AM
 #10

The Cow wants NEGATIVE interest rates...
Why isn't Deflation such a wonderfull thing?
Deflation is a wonderful thing it discourages malinvestment, and savers benefit, there are 5 billion that live today in a world of scarcity that you predict will ensue with deflation, deflation isn’t bad, and it implies big change for the other 20% who will have to change there thinking and lifestyles.

Why is inflation seen as a good thing?


No the question here is why NEGATIVE interest rates are bad?
Hey guy you wanna lend me a bit of money? I'll pay 10% interest. Of course it will be negative interest so you will get back 90% of what you lent me. The more the better, I can pay back the day after!

Cool so bitcoin's deflation is diffrent because...?
johnyj
Legendary
*
Offline Offline

Activity: 1848
Merit: 1000


Beyond Imagination


View Profile
January 10, 2014, 02:52:49 PM
Last edit: January 10, 2014, 06:34:26 PM by johnyj
 #11

The Cow wants NEGATIVE interest rates...
Why isn't Deflation such a wonderfull thing?
Deflation is a wonderful thing it discourages malinvestment, and savers benefit, there are 5 billion that live today in a world of scarcity that you predict will ensue with deflation, deflation isn’t bad, and it implies big change for the other 20% who will have to change there thinking and lifestyles.

Why is inflation seen as a good thing?


No the question here is why NEGATIVE interest rates are bad?

From the first sight, negative interest will encourage lending, which in turn cause more investment/consumption. But the current problem is that there is no investment opportunity (except bitcoin) and no consumption motivation since most of the people have already accumulated too much debt

Instead of reducing the debt, the banks just want to raise the debt at exponential rate, and paying back those old debt with future debt, this is a Ponzi scheme without end,  since central bank could supply endless future money without any effort

The result will be a large scale default or hyperinflation once the money printing no longer works, but it takes time for people to realize the scam nature of inflative monetary policy


Adrian-x
Legendary
*
Offline Offline

Activity: 1372
Merit: 1000



View Profile
January 10, 2014, 05:37:16 PM
 #12

The Cow wants NEGATIVE interest rates...
Why isn't Deflation such a wonderfull thing?
Deflation is a wonderful thing it discourages malinvestment, and savers benefit, there are 5 billion that live today in a world of scarcity that you predict will ensue with deflation, deflation isn’t bad, and it implies big change for the other 20% who will have to change there thinking and lifestyles.

Why is inflation seen as a good thing?


No the question here is why NEGATIVE interest rates are bad?
Hey guy you wanna lend me a bit of money? I'll pay 10% interest. Of course it will be negative interest so you will get back 90% of what you lent me. The more the better, I can pay back the day after!

Cool so bitcoin's deflation is diffrent because...?
... I won't lend my Bitcoins to just anybody. If I lend them it will be to fulfill a need not a want.

Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
thaaanos
Sr. Member
****
Offline Offline

Activity: 370
Merit: 250


View Profile
January 10, 2014, 09:56:01 PM
 #13

The Cow wants NEGATIVE interest rates...
Why isn't Deflation such a wonderfull thing?
Deflation is a wonderful thing it discourages malinvestment, and savers benefit, there are 5 billion that live today in a world of scarcity that you predict will ensue with deflation, deflation isn’t bad, and it implies big change for the other 20% who will have to change there thinking and lifestyles.

Why is inflation seen as a good thing?


No the question here is why NEGATIVE interest rates are bad?
Hey guy you wanna lend me a bit of money? I'll pay 10% interest. Of course it will be negative interest so you will get back 90% of what you lent me. The more the better, I can pay back the day after!

Cool so bitcoin's deflation is diffrent because...?
... I won't lend my Bitcoins to just anybody. If I lend them it will be to fulfill a need not a want.
Thats not the issue I am hinting... are you going to ask for interest?
Adrian-x
Legendary
*
Offline Offline

Activity: 1372
Merit: 1000



View Profile
January 11, 2014, 12:20:47 AM
 #14

The Cow wants NEGATIVE interest rates...
Why isn't Deflation such a wonderfull thing?
Deflation is a wonderful thing it discourages malinvestment, and savers benefit, there are 5 billion that live today in a world of scarcity that you predict will ensue with deflation, deflation isn’t bad, and it implies big change for the other 20% who will have to change there thinking and lifestyles.

Why is inflation seen as a good thing?


No the question here is why NEGATIVE interest rates are bad?
Hey guy you wanna lend me a bit of money? I'll pay 10% interest. Of course it will be negative interest so you will get back 90% of what you lent me. The more the better, I can pay back the day after!

Cool so bitcoin's deflation is diffrent because...?
... I won't lend my Bitcoins to just anybody. If I lend them it will be to fulfill a need not a want.
Thats not the issue I am hinting... are you going to ask for interest?

It depends!
Interest is the cost of money. Generally an economy is complex, so complex it should only be measured not managed, in general if the economy is growing - increasing goods and services, there will be less demand for money, a rational player will save and not lend as the law of supply and demand will yield a higher return from saving. If the economy is shrinking and the demand for goods and services is unsatisfied, there will be an increasing demand for goods and services and thus a demand for money with interest.  

Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
byronbb
Legendary
*
Offline Offline

Activity: 1414
Merit: 1000


HODL OR DIE


View Profile
January 11, 2014, 01:34:11 AM
 #15

Wont this cause everyone to rush to hard assets like gold and real estate?

Adrian-x
Legendary
*
Offline Offline

Activity: 1372
Merit: 1000



View Profile
January 11, 2014, 01:45:31 AM
 #16

Wont this cause everyone to rush to hard assets like gold and real estate?
or Bitcoin?

Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
byronbb
Legendary
*
Offline Offline

Activity: 1414
Merit: 1000


HODL OR DIE


View Profile
January 11, 2014, 01:49:23 AM
 #17

Wont this cause everyone to rush to hard assets like gold and real estate?
or Bitcoin?


...or fine art....or Copper Penny hoards. Bitcoin I thought was a given.  Wink

log2exp
Full Member
***
Offline Offline

Activity: 153
Merit: 100


View Profile
January 11, 2014, 04:51:57 AM
 #18

...or fine art....or Copper Penny hoards. Bitcoin I thought was a given.  Wink

Just bought a lot of forever postage stamps. I bet the postal service will jack up the postage also. Still got send some cards to friends and relatives, few bill payments also.

What do you guys think about the philately postage stamps, are they still hold value as collectibles or it's a deadwood hobby only?
DieJohnny
Legendary
*
Offline Offline

Activity: 1627
Merit: 1002


View Profile
January 11, 2014, 05:28:02 AM
 #19

...or fine art....or Copper Penny hoards. Bitcoin I thought was a given.  Wink

Just bought a lot of forever postage stamps. I bet the postal service will jack up the postage also. Still got send some cards to friends and relatives, few bill payments also.

What do you guys think about the philately postage stamps, are they still hold value as collectibles or it's a deadwood hobby only?

wtf....

Those who hold and those who are without property have ever formed distinct interests in society
Adrian-x
Legendary
*
Offline Offline

Activity: 1372
Merit: 1000



View Profile
January 11, 2014, 05:46:21 AM
 #20

...or fine art....or Copper Penny hoards. Bitcoin I thought was a given.  Wink

Just bought a lot of forever postage stamps. I bet the postal service will jack up the postage also. Still got send some cards to friends and relatives, few bill payments also.

What do you guys think about the philately postage stamps, are they still hold value as collectibles or it's a deadwood hobby only?
When I was at school I was taught that unused stamps were legal tender and could be used as money. Forever stamps only hold value if you use them (buy pre inflation use post inflation) so long as the post office honours them. Here in Canada, they were pulled of the shelf the day the post office announced a 40% increase last month.

You have the right idea Hayek I think it was proposed the idea of private issued tokens as money think StarBuks issuing a coffee token for fiat regardless of the fiat cost in the future it will be worth a coffee.

I do the same thing on a personal level whenever I see a token redeemable in the future for the cost pre inflation.


Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
Pages: [1] 2 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!