The joke goes: we can put a man on the moon but we can't get the pigeons of the roof.
In this town they decided to reduce carbon emission and they switched off every other street light by disconnecting the wire to it. Most of us will agree that the better solution would have been too change all the bulbs to half the power. Of course that is more expensive so they didn't do that.
Walking at night is very difficult now. Where the light is off it is too dark and I often trip on the uneven pavement. When you under the light your eyes adapt to the light and it makes it harder in the dark area.
To my opinion society is going backward. Putting a man on the moon doesn't prove that we are smarter, it only proves that even idiots can put a man on the moon.
Money and technical ability are two different things.
Ratch
For only £1,500 I will come and disable toilets. (turn off the water will disable most toilets)They paid £15,000 for an architect to come draw up plans of the cheapest way to ........disabled toilets
Ahhhhh, you might hit a small problem, the toilets have flooded since and that was the point they discovered the whole block isnt isolated from mains water. I doubt anyone even knows where the main supply valve is, my school is often in the news because of the PFI fiasco with it.For only £1,500 I will come and disable toilets. (turn off the water will disable most toilets)
LOL
So you think the pigeons are still on the roof because we don't have the money to get them off.We could solve pigeon and dog droppings, street lighting problems, and whatever else you can think of if money were no object.
Correct.So you think the pigeons are still on the roof because we don't have the money to get them off.
I dont, I think they are still on the roof because health and safety people wont let anyone gone near a roof, let alone tackle the savage pigeon! Far Far safer to have people slip up on pigeon shoot and sue for falling.So you think the pigeons are still on the roof because we don't have the money to get them off.
Believing that money stops us from getting the pigeons off the roof is the same as believing that windows 10 is spying on us because it wants to protect us from the bad people.
It is also the same as paying protection money to the mafia so they in return protect us from somebody burning our house.
It is more than a concept. It is an implementation of that concept. Specifically, it is the government's promise that it will provide goods and services when presented with that piece of paper or coin. If the government honors that promise, then others will also do so. All governments take their currency seriously, whether they succeed in honoring their promise of value or not. So whether money is presented as a physical **** or some numbers in a bank's financial file, it is still something that has value, and cannot be dismissed as a groupthink creation.Money is simply a concept that only functions because we believe the promise written on the paper, one day we will wake up and realize nothing actually backs that promise anymore!
Up the revolution
I think most of that is from times long gone.It is more than a concept. It is an implementation of that concept. Specifically, it is the government's promise that it will provide goods and services when presented with that piece of paper or coin. If the government honors that promise, then others will also do so. All governments take their currency seriously, whether they succeed in honoring their promise of value or not. So whether money is presented as a physical **** or some numbers in a bank's financial file, it is still something that has value, and cannot be dismissed as a groupthink creation.
Ratch
Ahhhhh, you might hit a small problem, the toilets have flooded since and that was the point they discovered the whole block isnt isolated from mains water. I doubt anyone even knows where the main supply valve is, my school is often in the news because of the PFI fiasco with it.
The joke goes: we can put a man on the moon but we can't get the pigeons of the roof.
In this town they decided to reduce carbon emission and they switched off every other street light by disconnecting the wire to it. Most of us will agree that the better solution would have been too change all the bulbs to half the power. Of course that is more expensive so they didn't do that.
Walking at night is very difficult now. Where the light is off it is too dark and I often trip on the uneven pavement. When you under the light your eyes adapt to the light and it makes it harder in the dark area.
To my opinion society is going backward. Putting a man on the moon doesn't prove that we are smarter, it only proves that even idiots can put a man on the moon.
I think most of that is from times long gone.
Apparently (according to modern studies) currency and the paper promise had to have the physical backing of gold, however a certain country found itself without enough gold to back the paper. So said country dropped the gold backing, from that point on currency has nothing but a promise behind it. Take the present situation. When currency was gold backed then if every one said look I want the gold not the paper the government could keep the promise and switch the paper to gold.
In the here and now if every creditor returned the paper and asked for it to be honored there would be two options. Tell them sorry not enough to go around, or offer a binary form of the promise (numbers on a screen).
Bitcoin is fascinating as it like a micro economy in action, the price rises and falls freely and it is back by the simple understanding that it 'can' be exchanged for the paper promise.
Interesting to note that many very wealthy people prefer to deposit with banks with large gold reserves or buy gold directly. Watch the futures markets, the other day when China was suspended on trading Gold shot up in value and investors sought a safe haven. One day too much paper promise will be printed, one day the stupid will realize that what they hold in there is exactly what it is 'PAPER'.
Greece can pay up if they have the resolve to do it. I think we should let institutions fail as a lesson to us as to what happens when they are not watched closely.Greece can now only ever borrow, it can never pay back what it owes, but like the banks in the big crash its too big to let it fall, Imagine if the EU let Greece fail........ People might start to wonder about the paper promise once they saw what its real worth is.
Taxation should be easy. Why spend a lot of money and effort collecting taxes? What is above ground oil? Saudi Arabia has more of the proven free oil reserves (easy to get at) than any other country. You cannot fight behind a computer screen unless you control something that others want. The world is awash in oil now. What hole are you talking about?The other reason for paper promises is purely to make taxation easier, a barter system has merit but no favor and the taxation was a night mare. The USA debt cant even be covered by above ground oil anymore, the price has slipped too far. Saudi has high unemployment and limited supplies, its a war of oil being fought behind computer screens and on trading floors. Extremely interesting to watch the western world seemingly dig a deeper and deeper hole.
My wife always said PFI would be a disaster and yet again she was right!
_____________________
Regarding going to the moon, who thinks it really happened? Anybody got any good conspiracy theories about it?
Tying the value of currency to a commodity is not a good thing either. The price and availability of commodities go up and down, which is not a good thing for currency. The US used to back its currency in gold, but found it was not a good way to do it for the reason I gave. Ft. Knox is full of gold, but no government financial managers want to go back to the gold standard.
Which is why the US currency is not backed up by commodities anymore.
And not backed up by any institution that will guarantee its value. Sounds more like a scam than a currency. Something that can fall and break at any time and leave a lot of folks holding the empty bag. I don't see what is fascinating about that.
Investing in volatile commodities is fine for individuals, but not for currency. The paper is backed by a promise based on faith and trust. Many expensive contracts, treaties, documents such the Magna Carta and the US Constitution are written on "just paper". So your argument that money is has no value because it is recorded on a perishable material or computer bits just does not hold up to critical analysis.
Greece can pay up if they have the resolve to do it. I think we should let institutions fail as a lesson to us as to what happens when they are not watched closely.
Taxation should be easy. Why spend a lot of money and effort collecting taxes? What is above ground oil? Saudi Arabia has more of the proven free oil reserves (easy to get at) than any other country. You cannot fight behind a computer screen unless you control something that others want. The world is awash in oil now. What hole are you talking about?
Ratch
Just name the place.Up the revolution
Hmm need to finish my homework and exams first, then put the bins out. Give me your number and I will call you when I am allowed outJust name the place.
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