Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: LindyBill who wrote (43009)	9/10/2002 9:13:56 AM
From: maceng2	Read Replies (1) \| Respond to of 281500

Yep, I treat "money theory" along similar lines because I never studied economics. I'm a process engineer by trade. To me money is like gas molecules wandering around a reaction chamber, or in the case of modern fiat money, a particle (dollar) antiparticle (debt) creation. Dangerous stuff. -g- I think it's best if we just pay someone to dig gold and other metals out the ground and pay them for their services. We all know whats what then. I going see if I can get that paper by Keynes on why he thinks a gold standard can trigger lower employment. It seems like it would cause more work to me. Just imagine if the bankers had to dig the gold out the ground before making out new loans <ggg>