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Title: Rise of the Barter Economy and Gold and Silver Currency
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URL Source: http://www.marketoracle.co.uk/Article29066.html
Published: Jul 5, 2011
Author: Peter_Schiff
Post Date: 2011-07-05 14:37:04 by Capitalist Eric
Keywords: None
Views: 74941
Comments: 141
Imagine a day when you go to buy a quart of milk, ask the price, and the cashier says, "that'll be a tenth ounce silver." As the US dollar's decline accelerates, several efforts around the country are trying to make this vision a reality. Historically, paying for items in silver or gold was actually quite common. We happen to live in an unusual time and place where generations have grown up trading exclusively in paper. While my parents still used dimes made of silver, we have now gone several decades with no precious metals in any of our official coinage. But this system of money by government fiat is unsustainable. While the practice of bartering precious metals directly for goods and services has continued on a small-scale over the last few decades, the 2000s saw the beginning of organized efforts to revive gold and silver as money. THE LIBERTY DOLLAR One such effort was spearheaded by an eccentric mintmaster from Hawaii named Bernard Von Nothaus. He called his project the Liberty Dollar, and it centered on privately minted gold and silver rounds as well as deposit certificates for precious metals held in his firm's vaults. I had many reservations about how the project was implemented - coins were minted with a fixed US dollar amount at which they were supposed to circulate, the dollar amount was well above the spot price of the metal, and authorized "distributors" were allowed to pocket the difference (which often resulted in buyers paying far higher prices for their gold than what they would have paid had they simply bought, say, Canadian Maple Leafs instead) - but I believe Nothaus' idea was a good one, even if the product was over-priced. Tellingly, despite the obvious flaws, public participation grew steadily from 1998 until 2007, when federal agents raided the Liberty Dollar's offices on trumped-up charges of counterfeiting. Really, they were charging him with competing with the US dollar's monopoly privileges by offering a better product. It's important to note that the case against Nothaus was built around his coins looking similar to official US coinage (though no one actually mistook Liberty Dollars for US currency), and not around encouraging people to use precious metals as circulating money. DIGITAL GOLD Next came a crop of internet-based currencies backed by gold and silver. Most prominent among them are eGold and GoldMoney. Both were designed to allow customers to open online accounts that were valued in, and backed by, gold and silver bullion. eGold was perhaps the better known of the two until it, too, was shut down by the US government on charges of money laundering. eGold was positioned more as an online payment system than a means of holding bullion. Due to the anonymous nature of the transactions - it was akin to spending cash - the authorities alleged that it was being used by criminal enterprises to funnel illegal funds. But mostly it was being used by regular people to begin saving and trading in money that holds its value. eGold had a transparent system of annual audits and live transaction screening by any user to keep the system honest. It, too, was growing robustly, and was putting up strong competition against PayPal until the authorities intervened. GoldMoney, founded by my friend James Turk, has remained in operation by keeping its principal operations overseas and by cooperating fully with onerous US financial regulations. It offers similar services to eGold, but with an emphasis on long-term storage. GoldMoney improves upon traditional storage by locating offshore, offering real-time online account access, and providing extra liquidity. These services do come at a cost, however. Still, over the course of the last decade, GoldMoney has swelled to over $2 billion in assets. Clearly, many people want to trade gold and silver over US dollars. Digital gold is a niche service, but I think the public's rapid embrace of these projects - none older than ten years - shows that investors are viewing gold and silver as more than mere commodities, but once again seeing them as money. This could signal a paradigm shift back to tradition, which is good news for any precious metals holder. STRAIGHT UP BARTER While digital currencies are neat, in practical terms, nothing beats the resilience of traditional barter of bullion for goods and services. If you actually own the physical gold and silver that you intend to save or trade, then you can be sure it will be there until you're ready to sell. You don't have to trust anyone except yourself. In that vein, several efforts have popped up around the country to simply get people trading gold and silver rather than dollars. Since the transactions involved are usually small, such as buying lunch at a local diner, silver is typically the metal of choice. There are several hotspots for this sort of activity. Philadelphia has one group, DelValley Silver, that has fostered a local barter market there by encouraging merchants to accept silver coins in addition to dollars. DelValley is also a silver dealer, but they sell privately minted rounds, which can be harder to liquidate than well-known coins like the American Gold Eagle and Canadian Maple Leaf. Meanwhile, in New Hampshire, many merchants associated with the Free State Project have begun accepting gold and silver at their businesses. Innovation abounds here and the practice of encasing small amounts of silver in laminated cards seems to be the most successful. Shire Silver encloses silver and gold wire in their cards and measures them in terms of grams. It's much easier to trade a flat, plastic card containing a gram of silver than to carry around a 1 oz coin. However, even their website will admit that the premium on such a small amount of silver makes it less than ideal for investment purposes. Of course, when you're ready to barter, they'll be happy to take your 1 oz rounds in return for some Shire Silver. And that Shire Silver is being accepted by more and more merchants across New Hampshire and beyond. Another variation, from a group based in Phoenix, Arizona, encloses a pre-1965 US dime inside the laminated card. Before '65, every dime contained 90% silver, making them worth about $2.50 each in today's debased dollars. That's why you won't find any pre-'65 dimes in your change from the grocery store. However, one fellow had the clever idea of putting them in these cards so they could trade at their silver value without getting mixed in with the worthless dimes we carry around today. The same group even created a free iPhone app that translates US dollar prices into various amounts of silver (more info here). While I'll still be selling regular old bullion coins and bars at Euro Pacific Precious Metals, because these are the best way to invest in physical precious metals, I am energized by these efforts. The great thing about holding and bartering physical precious metals is that there is no central company running the operations, like with the digital gold currencies, and therefore there's no single person the government can go after. (My new offshore bank, Euro Pacific Bank, Ltd., will soon be offering Visa-branded debit cards back by individual holdings of gold or silver. Euro Pacific Bank customers will be able to purchase gold from the bank, have it stored, and then access their holdings directly using their Visa cards to either make purchases though merchants or withdraw cash from banks and ATMs. Unfortunately, due to the reasons described above, I cannot offer this service to US customers. For more information about my offshore brokerage and banking companies, please visit www.europacintl.com.) THE WRITING IS ON THE WALL Besides these grassroots efforts at building barter communities, I'm seeing a cultural shift in favor of precious metals. Utah recently passed a law establishing gold and silver as legal tender and abolishing state capital gains taxes on their appreciation. I was interviewed for a new animated film called Silver Circle that features a rebel group in the near future which mints silver coins in defiance of an even more aggressive Federal Reserve. More and more people are starting to watch the gold price as often as they watch the Dow. Overall, this bodes well for our investments and for our country. If gold and silver are successfully re-monetized, our children may know a rate of economic growth not seen since our great-grandparents were in their prime. And prices may never return to today's levels again. Regards,
Peter Schiff
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#101. To: sneakypete (#94)
(Edited)
Then your friends will probably repeat their mistakes, but that's what those who CHOOSE to remain ignorant keep doing over and over and over. Soon to be snookered by the next scheme from the next generation of oil guys. You guys are so easy. LOLOL
Anecdotal evidence hardly proves the norm.
My two local scrap dealers will buy both as will every jewelry and coin store in town. Every gold show, and most gun and sports shows have a gold dealer that will give top dollar. Plus bars are a great place to get the very best prices.
I assumed from his claimed personal knowledge of the subject that he ordered his wife this way. If he didn't, then he's just full of shit.
If he didn't, then he's just full of shit. If he didn't at least it appeared to be an avenue he considered. These guys are so full of themselves with their obsessive need to be seen as experts, that they fall into their own traps very easily.
Between pegler, sneakypete and myself, we've explained a lot about the subject you're knee-jerking about. That you refuse to accept those explanations is strictly your problem. Me: Translation: Ok, I was talking out my ass. YOU must be married to one of them damned Afuriners!" Sad. Better to admit you don't know, and have done with it. Fred Mertz: No wonder every one thinks you're an a-hole. Piss off and I'm glad you and your mail-order bride's arrangement worked out so far. Equally sad. You talk out your ass, on a subject where your only source of information is the MSM, and make yourself look like an idiot. You get caught, and try to cover that by insulting the person, instead of having any sense of class, and simply bowing out of the discussion. Tacky. When I point this out to you, then I am the ass-hole? LOL. Get OVER yourself, grandpa. Your views- when based on the MSM propaganda- are worth a squirt of warm piss. Oh, and your continued insults after the fact, simply reconfirm that YOU are the ass-hole. Typical response from a leftist sheeple. Oh, you're suffering from something... It's a sad attempt to minimize the facts of what I've posted. To actually accept such facts, would force you to consider that the truth may not be what you were brainwashed to think. And I'm not angry. As my mother has stated, I've "no tolerance of fools." Fred Mertz: Are you suggesting that I should seek a mail-order bride? Where did I ever suggest you were my friend? From wikipedia: (Redirected from Hunt brothers) Nelson Bunker Hunt (born February 22, 1926) is an American oil company executive. He is best known as a former billionaire whose fortune collapsed after he and his brother William Herbert Hunt tried but failed to corner the world market in silver. ming, is there anything that you don't get wrong? Bullshit. After having the facts presented to you, you insist on using "a phrase" meant to malign any who would reject American women. This "phrase," BTW, was pushed by the feminist organizations, who saw such ideas as a threat to their primacy. The term was a sound-bite description, which told nothing of the truth, but was easily accepted by the stupid and ignorant public.
To LucysIDIOTmom, gobsheit, go56, skippy, bif and dummy-DwarF: You would rather die than think. I'm not wading through your Asperger's type presentation, look up Hunt brothers and gold for a start.
No, I'm sure FACTS are too difficult for a stupid bitch like you to deal with. Oh, like HERE? In 1973, the Hunt family of Texas, possibly the richest family in America at the time, decided to buy precious metals as a hedge against inflation. Gold could not be held by private citizens at that time, so the Hunts began to buy silver in enormous quantity. In 1979 the sons of patriarch H.L. Hunt, Nelson Bunker and William Herbert, together with some wealthy Arabs, formed a silver pool. In a short period of time they had amassed more than 200 million ounces of silver, equivalent to half the world's deliverable supply. When the Hunt's had begun accumulating silver back in 1973 the price was in the $1.95 / ounce range. Early in '79, the price was about $5. Late '79 / early '80 the price was in the $50's, peaking at $54. Once the silver market was cornered, outsiders joined the chase but a combination of changed trading rules on the New York Metals Market (COMEX) and the intervention of the Federal Reserve put an end to the game. The price began to slide, culminating in a 50% one-day decline on March 27, 1980 as the price plummeted from $21.62 to $10.80. The collapse of the silver market meant countless losses for speculators. The Hunt brothers declared bankruptcy. By 1987 their liabilities had grown to nearly $2.5 billion against assets of $1.5 billion. In August of 1988 the Hunts were convicted of conspiring to manipulate the market. One other experience in the silver bubble worth noting, according to author Edward Chancellor ("Devil Take the Hindmost"), is the experience of an official at the Peruvian Ministry of Commerce, employed to hedge his country's silver production, who lost $80 million by illicitly selling silver short. Said Chancellor, "Although a relatively small sum for a sovereign nation, it was an omen: the 'rogue trader' had appeared on the modern financial scene." The stock market had its own troubles during the rise and fall of silver. The Dow Jones peaked on February 13, 1980 at 903.84. The day of the collapse, March 27th, the Dow closed at 759.98, a decline of 16% in just 6 weeks. [However, intraday, the loss between the 2/13 high of 918.17 and the 3/27 intraday low of 729.95 was actually 20%.] For many traders the collapse in silver was the final straw for a stock market already under siege from worries as diverse as the Iranian hostage crisis, the Russian invasion of Afghanistan and soaring interest rates. [The consumer price index climbed at a 13% rate for 1979. The prime lending rate hit 22% in early 1980]. But by the year's end, the whole decline was almost forgotten. The Dow ended the year at 963.99, thanks in large part to the euphoria over the election of Ronald Reagan. To LucysIDIOTmom, gobsheit, go56, skippy, bif and dummy-DwarF: You would rather die than think. I guess all those 800 dollar an ounce Kruggerrands and Maple leafs sold by the hundreds of thousands in the early eighties were just a coincidence since the price of gold never correlates to the price of silver in your world. You are sure stupid for being a capitalist, since you seem so totally unaware of 'cause and effect'. Why do you think the US Mint started selling gold coins, dummy?
A completely irrelevant response. The Hunt brothers were pretty-much done by the end of 1980. When caught in another lie, you run straight to the Rules of Disinformation: #9. Play Dumb. No matter what evidence or logical argument is offered, avoid discussing issues with denial they have any credibility, make any sense, provide any proof, contain or make a point, have logic, or support a conclusion. Mix well for maximum effect. #13. Alice in Wonderland Logic. Avoid discussion of the issues by reasoning backwards with an apparent deductive logic in a way that forbears any actual material fact. 20. False evidence. Whenever possible, introduce new facts or clues designed and manufactured to conflict with opponent presentations as useful tools to neutralize sensitive issues or impede resolution. This works best when the crime was designed with contingencies for the purpose, and the facts cannot be easily separated from the fabrications. You're an expert on the "play dumb" strategies, though it's starting to look like you don't "play" at it... Thanks for entertaining me. Your wild attempts to cover your stupidity, once again, have failed. *PING*, Sneaky... I thought you might enjoy seeing the bimbo put in her place- again.
“If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.” The State can no longer hide the consequences of their 100-year lie. VERY interesting times are ahead.
You say that like it's a good thing. Your words are that of an angry, and now we can add intolerant, man. The source of your trouble with American women is not the women, but your lack of emotional intelligence.
Von Mises associates any Government involvement in markets as "Socialism" , to mislead people into thinking Government is the enemy , when infact empire is the enemy and empire is Privatized.
It is. It keeps me focused on what matters. People who are ignorant, but willing to learn, I'll teach. Those that refuse to learn are a waste of time. From The Great Lie of Partisan Tolerance tol·er·ance 1. The capacity for or the practice of recognizing and respecting the beliefs or practices of others. That’s what tolerance used to mean, before Orwellian progressives performed their cunning linguistic tricks on it. Now the class-obsessed left has divided tolerance into two classes: partisan (good) and repressive (bad). The dirty secret is that both their meanings are identical and neither one is real tolerance. It all started with Herbert Marcuse, the Marxist theoretician, who decried “repressive tolerance” that doesn’t take sides (or maybe it takes the side of tradition. This is confused in the essay.) and advocated its replacement with “partisan tolerance” that takes sides against the status quo, which means taking sides against anyone who isn’t a partisan “victim,” or even better an actual outlaw. In other words, you "progressives" (i.e., socialists) paint "tolerance" as a good thing, and tradition as "bad." The full explanation is at the link. Bottom line, to be described by you and your ilk as "intolerant," is a compliment. Hmmm... A paradoxical statement... the "lack of emotional intelligence" that you describe, is something I did suffer from in the past. But I smartened up a LOT, after divorcing my ex-wife. Gaining the "emotional intelligence" you speak of, is what finally made me comprehend that American women- generally speaking- are stupid and greedy. That intelligence and the accompanying wisdom, is what made me realize, "I could do better." And I did.
“If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.” The State can no longer hide the consequences of their 100-year lie. VERY interesting times are ahead.
I think you're on to something. Definitely autistic leanings.
------------------------------------- So you say. On the internet.
------------------------------------- Why didn't you ping me here? It really is okay that you have a mail-order bride and two children. I'm very happy for you.
She's not playing.
"I adore John McCain, support him 100 percent and will do everything I can to support his reelection. As everyone knows, I was honored and proud to run with him. And Todd and I were with him in D.C. just a week ago." (Sarah Palin,Dec 2009) ************************************ DID Palin say or write these things or not? (Me) I don't know or F ing care. (Mad Dog posted on 2009-12-26 16:36:33 ET,post # 105 http://libertysflame.com/cgi-bin/readart.cgi?ArtNum=5510&Disp=114#C114)
Gold reached over 870 in 1980, Asperger boy.
What you call "smartened up" sounds a lot like bitterness. 1. The capacity for or the practice of recognizing and respecting the beliefs or practices of others. Yep, that's what tolerance means and you ain't got it.
Von Mises associates any Government involvement in markets as "Socialism" , to mislead people into thinking Government is the enemy , when infact empire is the enemy and empire is Privatized.
His bitter, angry attitude is to distract from the fact that he's an empty suit.
Because you're an ignorant asshole. Any other stupid questions?
“If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.” The State can no longer hide the consequences of their 100-year lie. VERY interesting times are ahead.
I know.
“If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.” The State can no longer hide the consequences of their 100-year lie. VERY interesting times are ahead.
Irrelevant. But thanks for the laugh. :)
“If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.” The State can no longer hide the consequences of their 100-year lie. VERY interesting times are ahead.
That's one of the stages a person goes through, when they realize that what they were taught was a lie. You are still living in fantasyland, so you have no idea what I'm referring to. I don't have to tolerate fools. I don't have to respect the beliefs of others, when those beliefs are demonstrably false. Where the beliefs of another cannot be confirmed or debunked, it's becomes a question of "faith," which I have no opinion of, one way or the other. And that is why you never see me trolling the threads on religion. There's another word that used to have great significance, before you liberal idiots tried to twist it around: "discriminate." The leftist Orwellian approach now makes definition #1 the only acceptable definition. What rot. I have discriminating tastes- in women, in who I choose to call friend, in who I allow to be in my life, or allow to affect my life. Oh, I know, now you're gonna' say I'm a racist, or some such nonsense... logic is certainly not a great strength for you. You liberal idiots think that I have to "tolerate" every bullshit idea that you come up with. You think I have to show "tolerance" for every dirtbag, know- nothing moron who has an opinion based on nothing. You think that the very idea of having standards is "intolerant." If I didn't have standards, if I wasn't able to discriminate between right and wrong, good and bad, acceptable and UNacceptable, I'd fall for every bullshit idea and be another gullibe dupe... which, of course, is exactly what you leftist morons are... You want me to be willfully stupid, just like you. NEVER happen.
“If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.” The State can no longer hide the consequences of their 100-year lie. VERY interesting times are ahead.
But thanks for the laugh. :) Irrelevant to an Aspergers but actually right on target. Keep up the cut and paste, it's better than having to think for yourself.
"Frankly, my dear, I don't give a damn"
Von Mises associates any Government involvement in markets as "Socialism" , to mislead people into thinking Government is the enemy , when infact empire is the enemy and empire is Privatized.
Then why show up here? NONE but your fellow idiots buy into the bullshit you post. NONE with any modicum of common sense take you seriously. Unlike you, I do care, I DO take it personally. From the article I posted, titled "xxx," When someone tries to steal from you, hurt you, or enslave you, unless you are some kind of nut, you take it pretty personally, right? Why should it be any different when a government commits the same grievances? Americans should be furious over the destruction of their economy, their currency, their infrastructure, and their Constitutional freedoms! They should be enraged over the endless wars overseas that are bankrupting the nation. They should be bellowing to the rooftops over the cooption of their political system by a slimy brood of corporate bankers. Is this “extremist” behavior? Who cares!? If your anger is not visible then it is not worth a damn. Don’t just get active, get emotional! This is about your life, and the lives of those you love. That’s not to say that we should take out our frustrations randomly and haphazardly, but if we can’t at least make known our anger over the misdeeds of government, then what the hell is the point of calling ourselves free? YOU, lucysIDIOTmom, are a parasite. You don't give a shit about anything beyond sucking the life from other people, and being a tool of those that use you for their own political gain. You're beneath contempt, and you reconfirm that with every worthless, empty post you make. You don't give a damn? GOOD. LEAVE, you silly bimbo.
“If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.” The State can no longer hide the consequences of their 100-year lie. VERY interesting times are ahead.
This, from a dopey bitch who'd rather die than think....
“If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.” The State can no longer hide the consequences of their 100-year lie. VERY interesting times are ahead.
I love it when you feel compelled to express your symptomology. I doubt you would be considered high functioning. Someone's got to guide you every step of the way.
NONE but your fellow idiots buy into the bullshit you post. NONE with any modicum of common sense take you seriously. I come here for discussion and debate, not for your approval, commissar. YOU, lucysIDIOTmom, are a parasite. You don't give a shit about anything beyond sucking the life from other people, and being a tool of those that use you for their own political gain. You're beneath contempt, and you reconfirm that with every worthless, empty post you make. You don't give a damn? GOOD. LEAVE, you silly bimbo. Like all petty dictators, you find dissent really intorerable, don't you?
Von Mises associates any Government involvement in markets as "Socialism" , to mislead people into thinking Government is the enemy , when infact empire is the enemy and empire is Privatized.
Anyone who disagrees with Erica is an idiot, sheep, bimbo, etc. ad nauseam. I wonder how he handles marital disagreements.
Liar. "Discussion and debate" requires intellectual honesty. It requires the use of plain terms. When the meaning of words are plain, but not complimentary to your wishful-thinking, you attempt to redefine them in such a way as to make them seem to match your view. And THAT is what makes you contemptible.
“If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.” The State can no longer hide the consequences of their 100-year lie. VERY interesting times are ahead.
Not true. In your case, the words "ignorant asshole" are the most appropriate. Nothing I tell you will be enough for you to redeem your failed marriage...
“If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.” The State can no longer hide the consequences of their 100-year lie. VERY interesting times are ahead.
"Discussion and debate" requires intellectual honesty. It requires the use of plain terms. How do you define "plain terms"?
Von Mises associates any Government involvement in markets as "Socialism" , to mislead people into thinking Government is the enemy , when infact empire is the enemy and empire is Privatized.
Thanks for proving my point. I'd suggest you read The Ethics of Rhetoric by Richard Weaver. He shared something in common with you... He was a socialist. But later in life, he started to think for himself, and is considered one of the great thinkers of the 20th Century.
“If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.” The State can no longer hide the consequences of their 100-year lie. VERY interesting times are ahead.
Thanks for proving my point. I'd suggest you read The Ethics of Rhetoric by Richard Weaver. In other words, you use the term but have no idea how to define it.
Von Mises associates any Government involvement in markets as "Socialism" , to mislead people into thinking Government is the enemy , when infact empire is the enemy and empire is Privatized.
Nice try. If you can't understand what "plain terms" means, then your relativistic mind (what little there is) cannot have meaningful conversations. You demonstrate this daily. It's why you keep switching back and forth to the whining-old screen-name. You're as much of a loon as banjo-boy Boris. But unlike you, banjo-boy does post elegant observations, from time to time. You can't even manage that.
“If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.” The State can no longer hide the consequences of their 100-year lie. VERY interesting times are ahead.
I don't know what "plain terms" means to you and Weaver. If your posts are an example, then plain terms must include lots of name calling. Now, I'm perfectly capable of telling people they're various flavors of "stupid", however I never saw much value in that. I've never noticed that telling an idiot he's an idiot made him one bit smarter, and it doesn't do one darn thing to enhance my life - so I gave it up. ...then your relativistic mind (what little there is) cannot have meaningful conversations. Until we define our terms, we can not have meaningful conversation - just a fact, Jack. You demonstrate this daily. It's why you keep switching back and forth to the whining-old screen-name. Really? And if mininggold and I are two distinct and separate human beings, what does that make you?
Von Mises associates any Government involvement in markets as "Socialism" , to mislead people into thinking Government is the enemy , when infact empire is the enemy and empire is Privatized.
It sounds like little Eric is trying to channel Mad Dog. Throw in a few c words, add in a bucket full of spittle, and he'll have it
I should have gone the mail-order bride route.
Eric cannot define those terms because he is unable to express himself in any other way than the way we see here, without cutting and pasting a script written by someone else or copied from other's posts.
He does seem to have mastered vile though.
Von Mises associates any Government involvement in markets as "Socialism" , to mislead people into thinking Government is the enemy , when infact empire is the enemy and empire is Privatized.
I don't have to look it up,dummy. I have friends who are still crying about it.
#102. To: jwpegler, Skip Intro (#100)
It would be beneficial to you, if you did that more often.
#103. To: sneakypete (#99)
BTW,I have been to several scrap dealers to sell scrap. I sold about 60 lbs of aluminum to one two days ago. I have never seen one that buys gold or silver.
#104. To: mininggold (#102)
Anecdotal evidence hardly proves the norm.
#105. To: Skip Intro (#104)
(Edited)
I assumed from his claimed personal knowledge of the subject that he ordered his wife this way.
#106. To: mininggold, sneakypete, jwpegler, lucysmom, mininggold (#89)
mininggold: But between SP and Erica they'll used up the rest of the bandwidth posting their superior wisdom and still say nothing.
Fred Mertz to JWPegler: That is what I saw my from vantage point. He likely worked out the details and money in advance, like you suggest. You seem to have a great deal of knowledge about it. Did you marry one?
LucysIDIOTmom: You really are a very angry man.
Capitalist Eric: I recommend to all my friends, to look for a woman outside the Western hemisphere.
mininggold: The gold run was part of the Hunt brother's fiasco
sneakypete: That was silver,not gold.
minggold: Look it up doofus.Fred Mertz: ...mail order brides are still out there today, usually from foreign countries. It's a phrase, not a technical thing.
And because you have made this choice, you shall pay the price for being a mindless member of the herd....
They will shear you, until you have nothing left for them to take.
And then they will take your life.
Such is the way of tyrannical governments, like the one you welcome with open arms.
You celebrate your own enslavement, and happily scratch and beg, for each crumb they throw you...
#107. To: Capitalist Eric (#106)
Blah blah blah
#108. To: mininggold (#107)
Blah blah blah I'm not wading through your Asperger's type presentation,
look up Hunt brothers and gold for a start.
The Hunt Brothers and the Silver Bubble
Brian Trumbore
President/Editor, StocksandNews.com
And because you have made this choice, you shall pay the price for being a mindless member of the herd....
They will shear you, until you have nothing left for them to take.
And then they will take your life.
Such is the way of tyrannical governments, like the one you welcome with open arms.
You celebrate your own enslavement, and happily scratch and beg, for each crumb they throw you...
#109. To: Capitalist Eric (#108)
(Edited)
Oh, like HERE?
#110. To: mininggold, sneakypete (#109)
(Edited)
I guess all those 800 dollar an ounce Kruggerrands and Maple leafs sold by the hundreds of thousands in the early eighties were just a coincidence...
#4. Use a straw man. Find or create a seeming element of your opponent’s argument which you can easily knock down to make yourself look good and the opponent to look bad. Either make up an issue you may safely imply exists based on your interpretation of the opponent/opponent arguments/situation, or select the weakest aspect of the weakest charges. Amplify their significance and destroy them in a way which appears to debunk all the charges, real and fabricated alike, while actually avoiding discussion of the real issues.
-- Joseph Goebbels --
#111. To: Capitalist Eric (#106)
And I'm not angry. As my mother has stated, I've "no tolerance of fools."
#112. To: lucysmom (#111)
You say that like it's a good thing.
Your words are that of an angry, and now we can add intolerant, man.
The Free Dictionary defines ‘tolerance‘ as follows.
The source of your trouble with American women is not the women, but your lack of emotional intelligence.
-- Joseph Goebbels --
#113. To: mininggold (#107)
I'm not wading through your Asperger's type presentation ...
Why don't you make like a tree and get out of here?
#114. To: Capitalist Eric (#112)
And I did.
Why don't you make like a tree and get out of here?
#115. To: Capitalist Eric (#106)
The term was a sound-bite description, which told nothing of the truth, but was easily accepted by the stupid and ignorant public.
#116. To: Capitalist Eric, mininggold (#110)
#9. Play Dumb...
#117. To: Capitalist Eric (#110)
A completely irrelevant response. The Hunt brothers were pretty-much done by the end of 1980.
#118. To: Capitalist Eric (#112)
Hmmm... A paradoxical statement... the "lack of emotional intelligence" that you describe, is something I did suffer from in the past. But I smartened up a LOT, after divorcing my ex-wife.
#119. To: lucysmom (#118)
(Edited)
What you call "smartened up" sounds a lot like bitterness.
#120. To: Fred Mertz (#115)
(Edited)
Why didn't you ping me here?
-- Joseph Goebbels --
#121. To: sneakypete (#116)
-- Joseph Goebbels --
#122. To: mininggold (#117)
Gold reached over 870 in 1980,
-- Joseph Goebbels --
#123. To: lucysmom, sneakypete, jwpegler (#118)
What you call "smartened up" sounds a lot like bitterness.
that's what tolerance means and you ain't got it.
dis·crim·i·nate34; 34;/v. djÈskrjmYÌnejt; adj. djÈskrjmYnjt/ Show Spelled
[v. dih-skrim-uh-neyt; adj. dih-skrim-uh-nit] Show IPA
verb, -nat·ed, -nat·ing, adjective –verb (used without object)
1. to make a distinction in favor of or against a person or thing on the basis of the group, class, or category to which the person or thing belongs rather than according to actual merit; show partiality: The new law discriminates against foreigners. He discriminates in favor of his relatives.
2. to note or observe a difference; distinguish accurately: to discriminate between things.
–verb (used with object)
3. to make or constitute a distinction in or between; differentiate: a mark that discriminates the original from the copy.
4. to note or distinguish as different: He can discriminate minute variations in tone.
-- Joseph Goebbels --
#124. To: Capitalist Eric (#122)
(Edited)
Irrelevant.
#125. To: Capitalist Eric (#123)
You liberal idiots think that I have to "tolerate" every bullshit idea that you come up with.
#126. To: lucysmom (#125)
(Edited)
Rule #9: Take It Personally
-- Joseph Goebbels --
#127. To: mininggold (#124)
Keep up the cut and paste, it's better than having to think for yourself.
-- Joseph Goebbels --
#128. To: Capitalist Eric (#127)
(Edited)
This, from a dopey bitch who'd rather die than think....
#129. To: Capitalist Eric (#126)
Then why show up here?
#130. To: lucysmom (#129)
Like all petty dictators, you find dissent really intolerable, don't you?
#131. To: lucysmom (#129)
I come here for discussion and debate,
-- Joseph Goebbels --
#132. To: Fred Mertz (#130)
Anyone who disagrees with Erica is an idiot, sheep, bimbo, etc. ad nauseam.
I wonder how he handles marital disagreements.
-- Joseph Goebbels --
#133. To: Capitalist Eric (#131)
Liar.
#134. To: lucysmom (#133)
How do you define "plain terms"?
-- Joseph Goebbels --
#135. To: Capitalist Eric (#134)
How do you define "plain terms"?
#136. To: lucysmom (#135)
In other words, you use the term but have no idea how to define it.
-- Joseph Goebbels --
#137. To: Capitalist Eric, A K A Stone, mininggold (#136)
If you can't understand what "plain terms" means...
#138. To: lucysmom (#129)
You're beneath contempt, and you reconfirm that with every worthless, empty post you make.
#139. To: Capitalist Eric (#132)
#140. To: lucysmom, Capitalist Eric (#137)
(Edited)
Until we define our terms, we can not have meaningful conversation - just a fact, Jack.
#141. To: mininggold (#140)
Eric cannot define those terms because he is unable to express himself in any other way than the way we see here, without cutting and pasting a script written by someone else.
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