Search:

:mosking:


Right, but from what I read so far I couldn't accept your figures, so the "much" in "much higher" is a pure speculation IMHO.

Dollars are not born because someone agrees to pay...

I'm also ok with the electronic funds. So, are you saying that a country's debt denominated in USDs is effectively an instance of the USD (in either format)?

Umm, I feel totally confused right now. My understanding is that you tried to estimate the amount of the printed USDs based on the global debt (denominated in USDs) as follows:



And what is a...

Yes, I agree that won't happen. Do you remember an old saying: if you owe me $10 it's your problem, but if you owe me $1,000,000 it's my problem. There are all those funny "debt restructuring" things...

Sorry, I forgot to address that. You see, there's a difference between "denominated in USD" and "paid in USD". The latter requires the US dollars at hand (=printed). The former does not. So, that...

Ok, so let's use your approach "as-is" again, but for the year 2006.

1. The MZM in 2006 was $7 Trillion (http://research.stlouisfed.org/fred2/series/MZM?cid=30)
2. The GDP in 2006 was $14...

Interesting... I would really like to validate the former part of that statement. Well, I know the world's and the US's GDPs. I would like to know the amount of printed US dollars that are...

Ramil, I stumbled upon an article: http://www.1-sovetnik.com/articles/article-709.html
Is that what had influenced your thinking? :tease:

The original had it "omnipotent". :mosking:

And that's why [in part] the real money is not even the paper, but temporary mutual agreements between countries and financial institutions, stored in the form of electro-magnetic impulses on the...

I was joking. But the point of that joke was that the money on it's own only worth the media it's issued on. Unless someone else is willing to exchange. And it's true that the gold is usually worth...

Congrats on your short-term capital gain! :beer: (Seriously congrats. I always like it when people get more capital, and not lose capital. That's why I'm not a communist. *) )

So, if you think...

Well, you could still exchange paper money with blank paper, or you could use the paper money as a wall paper. See? There's no fundamental difference between gold money or paper money. They worth...

I would.[/quote]
Great! What would you do with those golden coins? (After you spent the X of your golden coins to pay a goldsmith to forge a nice golden ring off the Y of your coins.)

It is. So, would you prefer to get your pay in golden coins?

What's the difference if the movie is black-and-white? :hlop:

Ramil, there seems to be too much of a distance between our point of views. You tend to think the "world government" actually exists, by pointing out the body which might benefit from the current...

If you want people come to you and ask for money you must create demand for money. So you arrange two or more factions fight each other and then they would both come to you and ask for more loans.
...

Unlikely. How about the OPEC? Do you really think Rothschilds (who spent so much money on Israel) govern the world together with the hypothetical shade bosses that control OPEC (who spent so much...

I agree with that statement when you speak about the local capitalistic governments. That's obvious. But what about the other local governments? For example, could you really say Stalin was a puppet?...

Ok, just be patient with me with my stupid questions. :oops: What do you consider the "top" or the "world" government? Wouldn't that be something like G8?

Yes, I remember we spoke about it. So, would you also support anything that leads to collapsing of the current local governments? (Just for the consistency reasons. Think globally - act locally.)

Cool!! Replaced with WHAT though? And (also very important) HOW? :roll:

I think you kind of mixing two different things: the ownership principles and the environment. For example: the good old USSR had lots of the environmental problems in its territory. No better than...

Come on! Don't be offended so easily! How hostile am I really? :shock: Heated - perhaps, but aren't your posts about the US foreign politics also heated? When you express your point of view you'd...