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Stimulus for your consideration
Dr. Adrian Rogers, 1931-2005:
“You cannot legislate the poor into freedom by legislating the wealthy out of freedom. What one person receives without working for, another person must work for without receiving. The government cannot give to anybody anything that the government does not first take from somebody else. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that my dear friend, is about the end of any nation. You cannot multiply wealth by dividing it.”
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I wish it were that simple... But its very true.
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i agree with most of it.
many people will become lazy b/c of handouts.
however, there are some that really deserve it. like those who were freshly laid off. they have been working for years, and then all of a sudden they are just thrown out like an old shoe.
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I disagree...the government can hand out a lot of money...that they don't have to take from someone else....they can just print it. Granted, it keeps weaking the dollar.
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exactly think about inflation. I think its a touchy subject. The main issue, i believe, is that america is such a big country. Everything has to be done in the macro.
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Inflation is only occuring because, rather than keep borrowing and getting more into debt, America just starts printing more money to fund various projects...therfore weaking it's dollar.
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03-06-2009, 07:44 PM
(This post was last modified: 03-06-2009, 07:47 PM by Siris.)
Z3R0 Wrote:I disagree...the government can hand out a lot of money...that they don't have to take from someone else....they can just print it. Granted, it keeps weaking the dollar. Z3r0 Wrote:Inflation is only occuring because, rather than keep borrowing and getting more into debt, America just starts printing more money to fund various projects...therfore weaking it's dollar. You can't just print money with out the gold and silver to back it up.
And besides if they did just print it and the value goes don't it's the exact same thing as someone else paying for it.
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Siris Wrote:You can't just print money with out the gold and silver to back it up.
And besides if they did just print it and the value goes don't it's the exact same thing as someone else paying for it.
Wrong...and wrong. You don't need gold and silver to print paper. Nor is printing it the same as someone else paying for it. >.>
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Z3R0 Wrote:Wrong...and wrong. You don't need gold and silver to print paper. Nor is printing it the same as someone else paying for it. >.>
Actually, you absolutely need the gold and silver to back it up. If you print paper with no capital to back it up...it's just paper.
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SpoonMan999 Wrote:Actually, you absolutely need the gold and silver to back it up. If you print paper with no capital to back it up...it's just paper.
Well apparently we have the gold and silver to back it up. Who do you think runs all those founderies you see on tv asking you to send all your broken gold and silver jewelry in exchange for....paper? Regardless of whether it's paper, it's still currency...it doesn't need other currency to still have value...regardless of how little it may be.
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I saw a documentary recently on the Great Depression here in America. People litterally had to have a wheel barrow full of cash to buy a loaf of bread. The paper was worthless.
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if you dont have anything to back up your currency, it is worthless.
and NO, you cant just keep on printing money. that will lead to hyperinflation.
just look at Zimbabwe.
america currently does not have a standard. it is "in god we trust"
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Same with Germany, and Austria.
Germany's inflation was 4xx billion %. I read that somewhere.
Austria had it worse I believe.
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Pamela Wrote:I saw a documentary recently on the Great Depression here in America. People litterally had to have a wheel barrow full of cash to buy a loaf of bread. The paper was worthless.
Not as worthless as the Confederate Dollar I'd be willing to wager.
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The paper is just a representation of the gold and silver. It's used as a conveniency. It's a lot easier to carry around bills of paper vises hunks of metal.
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Siris Wrote:The paper is just a representation of the gold and silver. It's used as a conveniency. It's a lot easier to carry around bills of paper vises hunks of metal. THAT post earned you a rep point my dear...well said.
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Lol I figure until I make a thread in another language and get warned or see someone do it, there's no point in me leavin quite yet.
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03-12-2009, 08:40 AM
(This post was last modified: 03-12-2009, 08:45 AM by Z3R0.)
Siris Wrote:The paper is just a representation of the gold and silver. It's used as a conveniency. It's a lot easier to carry around bills of paper vises hunks of metal.
No Way, Really?!? Funny then...how other countries have a paper currency, as well as ivory, jade, and copper tabs and coins as currency...yet the gold/silver to back it up is either little or none, yet the value in some of these countries is higher than the American dollar, and many other currencies. Then you have the currencies that are only availble as representation for the small area it was created in. The worth of currency as being worth anything based on the ammount of gold and silver is...relativly small. And back before gold and silver were viewed as currency...things like carved bone, shapped copper discs, and other resources that were rare were viewed as currency. In short...currency is based on rarity more than anything else. The harder it is to find, extract, and transport, the more it's worth and the more it will cost. Fin.
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Currency has to have value..other countries have more gold/silver and platinum than you think. Some back theirs with other things such as gems.Trust me hun..all of them have a form of collateral to ensure the worth of the printed bill.
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Z3R0 Wrote:No Way, Really?!? Funny then...how other countries have a paper currency, as well as ivory, jade, and copper tabs and coins as currency...yet the gold/silver to back it up is either little or none, yet the value in some of these countries is higher than the American dollar, and many other currencies. Then you have the currencies that are only availble as representation for the small area it was created in. The worth of currency as being worth anything based on the ammount of gold and silver is...relativly small. And back before gold and silver were viewed as currency...things like carved bone, shapped copper discs, and other resources that were rare were viewed as currency. In short...currency is based on rarity more than anything else. The harder it is to find, extract, and transport, the more it's worth and the more it will cost. Fin.
Zero, you're a ****ing retard. Just STFU and stop polluting an otherwise good thread with your relentless stupidity.
About the comment, I think we have to analyze the speaker a bit more. He was born in 1931, meaning he live through pretty much all of the Great Depression. I think he remembers it being a hell of a lot worse for him and thinks that everyone today are just whiners.
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