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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Ilaine who wrote (26987)	12/28/2007 6:48:27 PM
From: TobagoJack	Read Replies (1) \| Respond to of 217822

<<Jay scoffs at conducting business virtuously">> ... how so? as opposed to you assisting and abetting dead beatism, meaning fraud and theft, and confiscation, and big bro watching over things and re-doing deals done by willing private parties? <<Heirs of China's New Elites Schooled in Ancient Values>> ... how can that be? ancient values? according to you the rot is ethnic, wired in, systemic, and whatever, if i recall. do tell, oh great one, and illuminate.

To: Ilaine who wrote (26987)	12/28/2007 9:01:40 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 217822

CB, yes, the monetary system run by governments is based on trust. But not a very high level of trust. They are based more on repression than trust. It is illegal to use other than the state-issue fiat currency. Most people are well aware of the effects of inflation, meaning monetary dilution and the best example of it was the reissue of NZ coins a year or two ago with the same designs, but shrunken to Lilliputian size to match their value. Once upon a time, a man worked an hour for a shilling. Now, it's the smallest unit of currency, when a man earns $20 an hour. A shilling became 10c in 1967. So, in my time, inflation has been a factor of 200 and in my adulthood since 1967 a factor of about 40. In 1967, $1 an hour was very good pay. Now, $40 an hour is very good pay. Savers have been robbed of that much money. After tax and after inflation, savers have lost a LOT of ground if they just kept their money in the bank. However, there is hope. I am in the process of inventing a replacement fiat currency for everyone to use and this one will be highly trustworthy. The fiat currencies have been the world's biggest rort. The producers of the currencies have been able to line their pockets to the tune of $10 trillion or so [more than that I think as I haven't done precise sums - maybe that was just for US$ production]. Anyone who trusts those people is a fool. The producers have ridden history's biggest population boom [meaning a LOT more money could be produced without causing inflation] and history's biggest productivity boom due to the Biotelecosmictechdot.com and industrial revolutions during the 20th century. They have captured a hefty slice of the profits due to the need for everyone to use the state-issued currencies. The world's monetary system is going to be replaced by Mq's amazing Qi fiat currency which is under construction. It will NOT be replaced with gold which is an absurd anachronism destined to have value as jewelry and other such applications. Just as there are still farriers and people who ride horses, going on fox hunts and the like, there will still be gold hoarder hobbyists. Mqurice

To: Ilaine who wrote (26987)	12/28/2007 10:50:04 PM
From: elmatador	Respond to of 217822

I could be a better businessman if I was dishonest. I saw Siemens very low level guys doing well because they were not honest. Of course today Siemens is all over the newspapers as a corrupt enterprise but those guys got a good deal for 10 20 or even 25 years. They love countries where they can bend the law and are corrupt. Today, if there are no corporate lawyers in tow the companies try to screw each other blindly. If they don't have everything written down to the last comma, they take advantage of one another. "In Brazil (a businessman was telling a newspaper the other day) slamming the table with your fists won't get you far. We are pragmatic here. In other countries, the moment they leave the table their lawyers are working. Here in Brazil, we leave the table, meet again over coffee, dinner or beer and try closing the differences and netgotiate a solution."