Dear Danny,
You are suggesting that I should be strung up from a lamppost.
Indeed. Yet, you have fixated on only the part where you
have been strung up from a lamppost, without regard to
the reasoning behind your punishment.
How is that for advocating use of force against others?
There is a diffe
On Sunday, October 12, 2003, at 02:18 PM, FileMatrix wrote:
But in the United States, the thugs outlawed redeeming currency for
gold.
Patrick, why is this "redeeming" word so important? Can't you just say
you
*exchange* paper money for gold on the free market? ...
I understand what you have in m
George,
I hope Patrick doesn't mind if I answer this one.
Redeemability implies that the issuer of paper has the corresponding
amount of gold in stock. This in turn means that the paper is synonymous
with gold and that there can be only as much paper as there is gold.
Exchange is something compl
--
On 11 Oct 2003 at 1:12, Jim Davidson wrote:
> I think educated sellers should not prefer to sell on eBay.
> The things we've said about PayPal are necessarily
> indictments of eBay since eBay owns PayPal.
>
> There are really terrible terms of service at eBay. There is
> no privacy availa
Dear Sirs,
we are just announcing that we have finished up upgrading php-written
software for Zauctionoffshore.Com - the offshore tax haven auction
accepting e-gold. You can now try it in action at
http://www.zauctionoffshore.com/phpauction/
Its owner says:
"A $330 billion tax cut isn't much when
> But in the United States, the thugs outlawed redeeming currency for gold.
Patrick, why is this "redeeming" word so important? Can't you just say you
*exchange* paper money for gold on the free market? Or maybe you're saying
it is illegal (now) for people to own gold in USA (so, they can't exchan
> Money is not added to the circulation by printing it and throwing it out of
> a helicopter over the people's houses.
Instead it is being printed and either used by the gov to pay bills (most
countries) or loaned to the gov to pay bills with (USA).
However, if you look at the requestion costs of
> > A money can have value, just based on its widespread acceptance and a
sound
> > 'open books' management.
> >
> What is 'sound open books', please?
Robert,
It means the people who are managing the currency show the books how many
(new) currency they are issuing, and give justification for th
Patrick,
> Danny, in your 9-Oct post you described how "In some places it [money]
> somehow evolved from gold towards paper currency in a rather smooth
> transition." I would like to hear about those places and times.
Probably renaissance Italy is the best example, but again I didn't live in
t
