Re: The 2012 U.S. Election Outcome and Its Implications For Science - November 7, 2012
Posted by Roger Hunter on November 07, 2012 at 17:19:24:

Brian;

You misunderstand. I didn't say it was right, I said that's the way it is. It's a rigged game and you can't avoid it (normally).

I took a course in Economics in college and it took the whole class a good bit of time to understand that NOTHING has any intrinsic value, including gold. It all depends on what you need at the time. You'll give up all your gold for a can of beans if you're starving.

Our system creates money by allowing banks to loan a multiple of what they actually possess. It's all just bookkeeping. The bank will collapse if everyone asks for their money back at the same time.

Roger


Follow Ups:
     ● Re: The 2012 U.S. Election Outcome and Its Implications For Science - November 7, 2012 - Skywise  18:27:27 - 11/7/2012  (80522)  (1)
        ● Re: The 2012 U.S. Election Outcome and Its Implications For Science - November 7, 2012 - Roger Hunter  19:09:08 - 11/7/2012  (80523)  (0)