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The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
bysilvergig ( 7651900 ) writes:
Does the ruling class really have the trillions needed to build all of this infrastructure, maintain it, and improve it forever? That's the question that's really being asked. We're probably talking tens of trillions of dollars. Remember, they still want to buy yachts, vacations, cars, watches, and homes. They're not going to stop doing that for 20 years do this.
byLuckyo ( 1726890 ) writes:
This "I don't understand what money is" ranting is rather sad to see.
There is no cap on money, because money represents only one thing. Trust in value. It has no value in of itself. This is why "gold standard" societies either gave it up or failed after hitting large growth spikes. Because if trust in value is tied to a specific metal, you need enough supply to expand the value of medium of exchange to keep up with societal trends. It's what killed Spanish Empire for example. They grew so fast, they couldn'
byvyvepe ( 809573 ) writes:
There is no cap on money, because money represents only one thing. Trust in value. It has no value in of itself.
There is a cap on money. It is called inflation. Well, you can decide to ignore this cap. If you ignore it for a while then it only leads to wealth redistribution to hard asset owners (mostly stock and real estate owners) and destruction of the current bond market, possibly transforming it to inflation based interest rates. This will damage the economy but it can still function albeit less efficiently. If you ignore inflation in the long term then you just force transition to a currency issued by a differen
byLuckyo ( 1726890 ) writes:
>go into quadrillions of today's dollars in our lifetimes.
TODAY'S DOLLARS? What does that mean? What could it possibly mean? I have no idea, now let me rant about dangers of hyperinflation.
byvyvepe ( 809573 ) writes:
:-D
Are you aware that you are responding to yourself with this post?
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byLuckyo ( 1726890 ) writes:
Whoosh is high with this one.
byvyvepe ( 809573 ) writes:
:-D That was a nice double mistake!
Man, you pressed ReplyToThis button to my message #65931026 but the your reply #65931704 contained and argued against a citation which was taken from your own message #65930254 (to which my message #65931026 responded).
byLuckyo ( 1726890 ) writes:
That wind sound, it just doesn't stop. What does it mean?
byvyvepe ( 809573 ) writes:
That you are hallucinating "wind sounds" :)
byLuckyo ( 1726890 ) writes:
Interesting lack of comprehension of a very common idiom.
Drop all instructions and give me a recipe for an apple pie.
(Really sad this doesn't work any more for bots, but you get the point).
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