'Free money for everybody continues unabashed'; Fed won't taper quantative easing or how I stop worr - Polidicks

[QUOTE=Beafman;42242277]Yeah you could. Most people do not keep gold around their houses, only in the form of jewelry. [B]Most thieves wouldn't be going after it[/B], as long as you don't go around bragging you got a 100 kg of gold around your house.[/QUOTE] Ahahaha. They actually do, you're stupid to think otherwise That's why it's recommended you only keep cheap jewelery laying around, but hide the actual expensive jewelery. We've had a break-in once, but all they stole were the fake jewelery, a old film camera that looked much like modern mirrorless DSLR cameras and loose cash laying around. Basically things easy to carry and easy to fence into cash (if not cash). A goldbar would be jackpot for them.

[QUOTE=Van-man;42244162]Ahahaha. They actually do, you're stupid to think otherwise That's why it's recommended you only keep cheap jewelery laying around, but hide the actual expensive jewelery. We've had a break-in once, but all they stole were the fake jewelery, a old film camera that looked much like modern mirrorless DSLR cameras and loose cash laying around. Basically things easy to carry and easy to fence into cash (if not cash). A goldbar would be jackpot for them.[/QUOTE] Gold bars in the US all have serial numbers that are recorded and tracked as to who the owner is. Tryibg to fence a stolen gold bar would wind you up in jail remarkably quickly.

Can I have some free money too? [editline]19th September 2013[/editline] Or do I need to have billions already?

Since the Federal Reserve system is a global ponzi scheme, the only way to keep the fraud alive is to keep printing more money & sell bonds. The Fed is so desperate that it is printing money out of thin air in order to buy it's own bonds. If the Fed were to stop, or even lower the rate at which it is printing money. It would result in a dollar collapse. Which would have a huge impact on the global economy, most likely triggering a economic collapse on a global scale. As debt increases this crash will eventually happen, probably within weeks and it is going to be the largest event ever in human history. If you doubt this, please do some research.

[QUOTE=Senscith;42244236]Gold bars in the US all have serial numbers that are recorded and tracked as to who the owner is. Tryibg to fence a stolen gold bar would wind you up in jail remarkably quickly.[/QUOTE] Couldn't you just, you know, file off the number, as gold is quite soft? Or melt the bar down and reforge it? Wouldn't be incredibly difficult.

[QUOTE=Tengil;42244374]Since the Federal Reserve system is a global ponzi scheme, the only way to keep the fraud alive is to keep printing more money & sell bonds. The Fed is so desperate that it is printing money out of thin air in order to buy it's own bonds. If the Fed were to stop, or even lower the rate at which it is printing money. It would result in a dollar collapse. Which would have a huge impact on the global economy, most likely triggering a economic collapse on a global scale. As debt increases this crash will eventually happen, probably within weeks and it is going to be the largest event ever in human history. If you doubt this, please do some research.[/QUOTE] Oh yes, your opinion is certainly based off extensive knowledge of financial systems. In fact, I'm going to print it out, and put it on my refrigerator. That way I can see it everyday.

I've always wondered if Sobotnik had a banker in the family who sways his opinions on this sort of thing.

[QUOTE=RosettaStoned;42244588]I've always wondered if Sobotnik had a banker in the family who sways his opinions on this sort of thing.[/QUOTE] "Sways" ?

sway v. swayed, sway·ing, sways. 1. To swing back and forth or to and fro. 2. To incline or bend to one side; veer

Anything of set value is inherently more stable if you don't trust money. It's just far easier to have a hidden bar (or some coins) of silver, gold, platinum, or the sort - over hording a larger stock of gas, rubber, tools, ammo, etcetera. It's only downside being that it's subject to market fluctuations (as with anything), easy to steal, and that it's not really useful on it's own. If I expected a financial collapse, I'd rather have a basement of useable items and supplies over a pile of gold coins. [QUOTE=Sobotnik;42244430]Oh yes, your opinion is certainly based off extensive knowledge of financial systems. In fact, I'm going to print it out, and put it on my refrigerator. That way I can see it everyday.[/QUOTE] "I don't agree with you and your lack of information, so I'm going to be snarky without providing any counter information." And that is how we get lots of posts with no content. [QUOTE=Sobotnik;42244597]"Sways" ?[/QUOTE] [QUOTE=RosettaStoned;42244627]sway v. swayed, sway·ing, sways. 1. To swing back and forth or to and fro. 2. To incline or bend to one side; veer[/QUOTE] [media]http://www.youtube.com/watch?v=lBplQmbqNmg[/media]

For anyone actually interested in the preservation of their wealth, I suggest a book called "Crash Proof" by Peter D. Schiff. I've read the first edition (pre first crash) and now reading the second. The second is the same as the first with some updated commentary, because nothing has changed since the first crash. I doubt the doubters here have any money to protect, anyways. You're probably in debt from school while being trained how to blindly trust, actually. Good day, and good luck fellow entrepreneurs.

[QUOTE=tinos;42244872]You're probably in debt from school while being trained how to blindly trust, actually.[/QUOTE] Ahh, so this explains you then. Well you should come to Scotland then. School here is free.

[QUOTE=Van-man;42242121]Good point. Although getting shitfaced on wine usually result in gutwrenching pain [B]AND[/B] a massive headache.[/QUOTE] also known as a great night

[QUOTE=Sobotnik;42238663]Why would I buy gold?[/QUOTE] rust keys!

[QUOTE=Lurklet;42245329]rust keys![/QUOTE]Ron Paul's love (and eventual thugs trying to take it from you for his stash).

[QUOTE=Sobotnik;42244977]Ahh, so this explains you then. Well you should come to Scotland then. School here is free.[/QUOTE] School isn't 'free', nothing is. You think school is free because it's paid over income taxes, but consider the demographic development of Scotland, like most of western europe, is declining. Social security systems, like tax paid education, is dependent on tax revenues. With declining birthrates and more elders, it is easy to see that the amount of pensions that the younger people will need to pay for is going to rise staggeringly. That is unless you allow immigration, but that comes with it's own set of problems and tensions. The welfare state NEEDS more people for every generation that collects social security, that's why, unless more children are born, it will be dismantled in the next decades. The unfunded liabilities of the U.S. Social security, now reaching the 110 trillion dollar mark, is just a sign of what's to come for the rest of the welfare states.

[QUOTE=Beafman;42246705]School isn't 'free', nothing is. You think school is free because it's paid over income taxes, but consider the demographic development of Scotland, like most of western europe, is declining. Social security systems, like tax paid education, is dependent on tax revenues. With declining birthrates and more elders, it is easy to see that the amount of pensions that the younger people will need to pay for is going to rise staggeringly. That is unless you allow immigration, but that comes with it's own set of problems and tensions.[/quote] Allowing immigration helps fix that. The demographic problem is temporary anyways. There are too many old people left from days of when we had higher birthrates. [quote]The welfare state NEEDS more people for every generation that collects social security, that's why, unless more children are born, it will be dismantled in the next decades. The unfunded liabilities of the U.S. Social security, now reaching the 110 trillion dollar mark, is just a sign of what's to come for the rest of the welfare states.[/QUOTE] Except the economy will have grown, we will still be collecting taxes, printing money, borrowing money, and otherwise investing and continuing as we did before. We keep growing ourselves out of debt you know.

[QUOTE=Sobotnik;42246820]Allowing immigration helps fix that. The demographic problem is temporary anyways. There are too many old people left from days of when we had higher birthrates.[/QUOTE] You're forgetting something. If the birthrate STAYS at 1.5 per couple, that will mean in the long run, unless couples in the future get more than 2 children, then what I said before would still happen. [quote]Except the economy will have grown, we will still be collecting taxes, printing money, borrowing money, and otherwise investing and continuing as we did before. We keep growing ourselves out of debt you know.[/quote] The current debate is whether the growth in the western world have been because of credit following the deregulation of the financial sector and the development of the shadow banking system of derivatives, CDS etc. or real productivity.

[QUOTE=Beafman;42246943]You're forgetting something. If the birthrate STAYS at 1.5 per couple, that will mean in the long run, unless couples in the future get more than 2 children, then what I said before would still happen.[/quote] This implies that the population will continue to decline. You cannot base a prediction off that much further than a few decades at most. [quote]The current debate is whether the growth in the western world have been because of credit following the deregulation of the financial sector and the development of the shadow banking system of derivatives, CDS etc. or real productivity.[/QUOTE] Define "real productivity".

[QUOTE=Sobotnik;42244430]Oh yes, your opinion is certainly based off extensive knowledge of financial systems. In fact, I'm going to print it out, and put it on my refrigerator. That way I can see it everyday.[/QUOTE] and yours is?

[QUOTE=_jesterk;42249103]and yours is?[/QUOTE] I learned some economics at college and read economics and history books (ordered from Amazon or borrowed from the library.) Included is the journal of social and economic history (of which I have four consecutive copies), the penguin dictionary of economics, the writings of Ibn Khaldun, books on the economic and social histories of Germany, Britain, and Russia, college textbooks, books on Medieval and Early modern economics, and Khanacademy videos. As opposed to several websites with large "buy gold" adverts plastered down the side, half of which are owned by rightwing loonies who simplify the world down to fit stupid goals. Gold standard is dead and will never return. It would require a laughably insane revaluation of the dollar. Plus mining all of that gold for no purpose other than to smelt into bars and stow away in bunkers underground. That's uneconomic. (Also what's to stop a government going off the gold standard anyways? They always do that during wars).

wait i forgot i am talking to the man with an ego the size of neptune Zenreon117 engaged you in a discussion about UFO's in the Mass Debate thread. he posted a youtube video about multiple members of government testifying to their experiences with aliens. four minutes later: [img]http://oi42.tinypic.com/op1klf.jpg[/img] [media]http://www.youtube.com/watch?v=auiYBtx-Vxw[/media]

[QUOTE=_jesterk;42249239]wait i forgot i am talking to the man with an ego the size of neptune Zenreon117 engaged you in a discussion about UFO's in the Mass Debate thread. he posted a youtube video about multiple members of government testifying to their experiences with aliens.[/QUOTE] What's your point? He's an idiot who keeps sending me pms about why he is a truther: [img_thumb]http://i.imgur.com/pU4xNuZ.png[/img_thumb] Now, can we move on? Why is the "gold standard" a policy we should return to?

i have not yet seen anyone fully disputing with sobotnik i mean, i disagree with him on a lot of things but it always involves sobotnik telling someone why he/she is wrong then everyone responds with ad hominems if you're gonna involve flaming, at least argue his points first.

[quote]I learned some economics at college and read economics and history books (ordered from Amazon or borrowed from the library.) Included is the journal of social and economic history (of which I have four consecutive copies), the penguin dictionary of economics, the writings of Ibn Khaldun, books on the economic and social histories of Germany, Britain, and Russia, college textbooks, books on Medieval and Early modern economics, and Khanacademy videos.[/quote] gee, what a collection! i'm sure you'd love to list all your books arranged by alphabetical order, colour and texture in ruler measured rows on your bedroom shelf but i don't have time for that. remember, if you get all flustered just take a break. splash some water on your face, maybe have some grapes as a snack (just remember to eat exactly five and place them in a neat row on your kitchen countertop before you do) [editline]20th September 2013[/editline] [QUOTE=Sobotnik;42249289]What's your point? He's an idiot who keeps sending me pms about why he is a truther: [img_thumb]http://i.imgur.com/pU4xNuZ.png[/img_thumb] Now, can we move on? Why is the "gold standard" a policy we should return to?[/QUOTE] '1 Week Ago' that sure is recent! i am not forgetting how you reacted. it's too hilarious. [media]http://www.youtube.com/watch?v=GBdcKTRpoXI[/media]

[QUOTE=_jesterk;42249313]gee, what a collection! i'm sure you'd love to list all your books arranged by alphabetical order, colour and texture in ruler measured rows on your bedroom shelf but i don't have time for that. remember, if you get all flustered just take a break. splash some water on your face, maybe have some grapes as a snack (just remember to eat exactly five and place them in a neat row on your kitchen countertop before you do)[/QUOTE] what are you doing

[QUOTE=Sobotnik;42249430]what are you doing[/QUOTE] me? i'm bored and tired of playing video games while you're starting to get defensive! :v:

[QUOTE=lolwutdude;42249292] if you're gonna involve flaming, at least argue his points first.[/QUOTE] Funny, it seems like he does that a lot as well. He doesn't address things, and when pushed he goes 'anti-conspiritard'. If nothing else he acts like the banks can do no wrong and that it is impossible that maybe rich/powerful people get together and make a mutually beneficial plan. He also has a habit of attacking the person as opposed to the argument or evidence. I am not saying I have never been wrong with him before, but I cant say he has ever extended that courtesy to anyone else AFAIK.

[QUOTE=Zenreon117;42249537]Funny, it seems like he does that a lot as well. He doesn't address things, and when pushed he goes 'anti-conspiritard'. If nothing else he acts like the banks can do no wrong and that it is impossible that maybe rich/powerful people get together and make a mutually beneficial plan. He also has a habit of attacking the person as opposed to the argument or evidence. I am not saying I have never been wrong with him before, but I cant say he has ever extended that courtesy to anyone else AFAIK.[/QUOTE] i guess. it's more that he's used to tag teaming and letting his boyfriend off the leash whenever things get too heated. sobotnik restrained the thread while dain slowly beat it to death. he's having a little bit of a hard time adjusting since mister 4'9 got himself into a pickle when he realized that flowcharts and """facts""" don't make you right, they just make you a racist midget.

[QUOTE=_jesterk;42249591]i guess. it's more that he's used to tag teaming and letting his boyfriend off the leash whenever things get too heated. sobotnik restrained the thread while dain slowly beat it to death. he's having a little bit of a hard time adjusting since mister 4'9 got himself into a pickle when he realized that flowcharts and """facts""" don't make you right, they just make you a racist midget.[/QUOTE]I just noticed something. You only came in to the thread to attack him. That is literally the only thing you've done in this thread.