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History Reveals There Is No Going Back for the Economy Economics
China is a superpower, maybe not as powerful as the US, but they're still a glob…
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n/a | BobK71 | April 09, 2020, 04:33:34 PM |
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History Reveals There Is No Going Back for the Economy Economics
This cycle is just the boom and bust business cycle that we've seen for hundreds…
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n/a | BobK71 | April 08, 2020, 09:05:52 AM |
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History Reveals There Is No Going Back for the Economy Economics
There's a big chance that China will try to become the world leader in exports p…
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n/a | BobK71 | April 08, 2020, 08:48:19 AM |
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History Reveals There Is No Going Back for the Economy Economics
I guess the new paradigm that will arise after this will be more nationalistic,…
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n/a | BobK71 | April 08, 2020, 08:27:48 AM |
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History Reveals There Is No Going Back for the Economy Economics
What we have today is a pandemic, economic depression, and world war, all rolled…
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n/a | BobK71 | April 07, 2020, 10:13:08 PM |
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The Economic Pain Won't Stop Economics
The development of industry in the United States changed society the agrarian Un…
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n/a | BobK71 | March 31, 2020, 09:24:32 PM |
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The Economic Pain Won't Stop Economics
As for the 'degrowth' movement...Thanks for bringing this up, as it's a related…
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n/a | BobK71 | March 31, 2020, 08:56:28 PM |
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The Economic Pain Won't Stop Economics
War is the best and most efficient kick to get the free market working along wit…
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n/a | BobK71 | March 31, 2020, 03:56:06 PM |
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The Economic Pain Won't Stop Economics
Before the Great Depression, the United States embraced pure liberalism which wa…
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n/a | BobK71 | March 31, 2020, 04:17:47 PM |
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The Economic Pain Won't Stop Economics
Actually, I think inflation has already exposed the true nature for all to see,…
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n/a | BobK71 | March 31, 2020, 03:33:39 PM |
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The Economic Pain Won't Stop Economics
Somehow the stock markets remain buoyant, hovering near last week's highs, even…
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n/a | BobK71 | March 30, 2020, 07:03:39 PM |
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The Economic Pain Won't Stop Economics
The root of the problem of the Great Depression 1929 was the accumulation of deb…
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n/a | BobK71 | March 30, 2020, 04:21:10 PM |
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The Economic Pain Won't Stop Economics
So in your metaphor the "tickets" are the printed fiat money-USD and euro and th…
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n/a | BobK71 | March 30, 2020, 08:57:51 AM |
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The Economic Pain Won't Stop Economics
Think of the modern system as a theatre whose management has sold more tickets t…
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n/a | BobK71 | March 30, 2020, 08:39:56 AM |
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The Economic Pain Won't Stop Economics
Think of the modern system as a theatre whose management has sold more tickets t…
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n/a | BobK71 | March 29, 2020, 04:53:58 PM |
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Is the Corona Virus A Bioweapon? Politics & Society
I would totally understand if people think its unthinkable that any government w…
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n/a | BobK71 | March 06, 2020, 03:02:53 PM |
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Is the Corona Virus A Bioweapon? Politics & Society
It is no secret that the Chinese Communist Party (CCP) regime, although a signat…
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n/a | BobK71 | February 20, 2020, 08:17:20 PM |
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Is the Corona Virus A Bioweapon? Politics & Society
It's not that they're contradictory, its that the news sources are wrong. They'r…
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n/a | BobK71 | February 20, 2020, 08:04:54 PM |
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Is the Corona Virus A Bioweapon? Politics & Society
I'm unsure if you (OP) is aware that everything that you've read is complete and…
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n/a | BobK71 | February 19, 2020, 04:57:57 PM |
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Is the Corona Virus A Bioweapon? Politics & Society
The reason Asian males are more susceptible than females is that few Asian femal…
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n/a | BobK71 | February 19, 2020, 04:44:48 PM |
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Is the Corona Virus A Bioweapon? Politics & Society
The reason I replied to this thread was to answer the question "Is the Corona…
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n/a | BobK71 | February 19, 2020, 04:39:11 PM |
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Is the Corona Virus A Bioweapon? Politics & Society
Scientists have found HIV fragments in the virus DNA that seem unlikely to be na…
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n/a | BobK71 | February 16, 2020, 04:19:04 PM |
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Money Is Political, Not Technical Economics
For example, the US may be fucked but it doesn't matter if the rest of the world…
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n/a | BobK71 | November 01, 2019, 05:35:09 PM |
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The Central Bank of Facebook Economics
Libra's value will be pegged to a basket of dollars, euro, etc. by the Central B…
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n/a | BobK71 | July 31, 2019, 03:24:25 PM |
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The Central Bank of Facebook Economics
I guess they can do the copy of the same thing for themselves?We are open to man…
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n/a | BobK71 | July 31, 2019, 03:17:54 PM |
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The Central Bank of Facebook Economics
Interesting topic,however I'm still not 100% sure that the libra project will be…
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n/a | BobK71 | July 31, 2019, 03:11:13 PM |
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The Central Bank of Facebook Economics
They are not not creating money out of thin air. They are still doing that but…
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n/a | BobK71 | July 31, 2019, 02:52:17 PM |
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The Central Bank of Facebook Economics
It is a stable coin with a consortium of big companies as the validator. If Libr…
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n/a | BobK71 | June 26, 2019, 10:28:42 AM |
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The Central Bank of Facebook Economics
Any time I see these companies making a new thing that would affect the whole wo…
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n/a | BobK71 | June 26, 2019, 10:21:55 AM |
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The Central Bank of Facebook Economics
... If they use the fractional reserve, I'm afraid inflation will speed up rapid…
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n/a | BobK71 | June 26, 2019, 10:01:11 AM |
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The Central Bank of Facebook Economics
Please see this for background.No, Facebook's new cryptocurrency, Libra, is not…
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n/a | BobK71 | June 20, 2019, 10:15:59 AM |
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A Tale of Two Socialisms Economics
One way or another, violence is the ultimate guarantor of the elites' power. Ma…
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n/a | BobK71 | May 30, 2019, 11:01:40 AM |
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Money Is Political, Not Technical Economics
The fruits of this unnatural growth is time poverty leading to all kinds of unha…
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n/a | BobK71 | May 30, 2019, 10:39:05 AM |
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A Tale of Two Socialisms Economics
Power can be amassed behind the barrel of the gun but it will not last for too l…
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n/a | BobK71 | May 19, 2019, 05:23:44 PM |
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A Tale of Two Socialisms Economics
While various countries have come close, no country can boast of being a purely…
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n/a | BobK71 | May 17, 2019, 09:50:23 AM |
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The History of Gold and Silver Points to the future of Cryptocurrency Economics
Uuhm...whatever, it still doesn't change the fact that fiat (current monetary sy…
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n/a | BobK71 | May 16, 2019, 02:15:45 PM |
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A Tale of Two Socialisms Economics
What we despise are the socialist countries of Cuba, the Soviet Union, China in…
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n/a | BobK71 | May 16, 2019, 02:05:03 PM |
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Money Is Political, Not Technical Economics
It really is this simple: put a $100 bill on the table, and leave it for 100 yea…
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n/a | BobK71 | April 25, 2019, 10:15:34 AM |
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The Great View of History Economics
Do not ever get me wrong and this is only a personal opinion. Is sound money obj…
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n/a | BobK71 | April 23, 2019, 03:25:03 PM |
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The Great View of History Economics
I have been mixing political and financial history, yes. The reason is that, at…
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n/a | BobK71 | April 23, 2019, 03:18:47 PM |
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The History of Gold and Silver Points to the future of Cryptocurrency Economics
A lot of people talk about reverting to the gold standard or whatnot. I say that…
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n/a | BobK71 | April 23, 2019, 03:03:09 PM |
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Money Is Political, Not Technical Economics
At the center of his conclusion that Bitcoin and cryptocurrencies have no real v…
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n/a | BobK71 | April 23, 2019, 02:46:31 PM |
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The Great View of History Economics
There are many replies, so I'll try to address them 'in bulk' here:Most importan…
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n/a | BobK71 | April 20, 2019, 07:14:28 AM |
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The Great View of History Economics
Did Western capitalism defeat both Communism and Fascism? Yes.Is the Western ru…
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n/a | BobK71 | April 19, 2019, 08:50:36 AM |
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The History of Gold and Silver Points to the future of Cryptocurrency Economics
If we look at this in a layered way. 1st preference for state is to issue purel…
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n/a | BobK71 | April 12, 2019, 08:49:15 AM |
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Will the next economic collapse trigger massive crypto adoption? Economics
First, we have to ask, why do financial crises come?Do they come when investors…
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n/a | BobK71 | April 06, 2019, 07:40:18 AM |
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Do you think Institutions secretly HODL Bitcoin? Economics
have you ever asked if some companies are seriously investing in Cryptos and sti…
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n/a | BobK71 | April 06, 2019, 06:57:59 AM |
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Money Is Political, Not Technical Economics
I still do not understand why the sudden moves in countries happen while it is o…
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n/a | BobK71 | April 05, 2019, 08:57:51 AM |
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The History of Gold and Silver Points to the future of Cryptocurrency Economics
I honestly think no "public" money, will be deemed suitable for any government,…
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n/a | BobK71 | April 05, 2019, 08:25:10 AM |
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The History of Gold and Silver Points to the future of Cryptocurrency Economics
Excellent points.One of the things with transacting in gold and silver is that,…
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n/a | BobK71 | March 31, 2019, 11:48:41 AM |
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The History of Gold and Silver Points to the future of Cryptocurrency Economics
Between the crash of 1929 and 1932 people lost a lot, everything for some. Roose…
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n/a | BobK71 | March 31, 2019, 11:19:42 AM |
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The History of Gold and Silver Points to the future of Cryptocurrency Economics
...in today's world the elites are hiding, they are not doing stuff with general…
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n/a | BobK71 | March 31, 2019, 11:11:19 AM |
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The History of Gold and Silver Points to the future of Cryptocurrency Economics
I wrote the following in a discussion about gold and silver standards on another…
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n/a | BobK71 | March 29, 2019, 09:48:55 AM |
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Inflation, Deflation, and the Coming Era of Bitcoin Economics
As I've mentioned elsewhere, 'something like the gold standard' will probably no…
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n/a | BobK71 | December 06, 2018, 03:56:40 PM |
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Inflation, Deflation, and the Coming Era of Bitcoin Economics
I wrote the following in defense of my thesis that something like the gold stand…
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n/a | BobK71 | December 06, 2018, 03:33:16 PM |
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Was Crypto Started by Western Elites? Economics
As I mentioned before, even if Bitcoin can't be killed by the elites, its price…
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n/a | BobK71 | December 05, 2018, 11:29:25 AM |
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Was Crypto Started by Western Elites? Economics
QuoteDon't forget who built and supported the gold standard: central banks and m…
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n/a | BobK71 | November 30, 2018, 05:28:15 PM |
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Was Crypto Started by Western Elites? Economics
What you're saying is very true. They have all the incentive in the world, but t…
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n/a | BobK71 | November 30, 2018, 05:09:36 PM |
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Was Crypto Started by Western Elites? Economics
Here is a response that might be more specific to the points you raised...I woul…
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n/a | BobK71 | November 29, 2018, 04:01:24 PM |
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Was Crypto Started by Western Elites? Economics
I would seriously doubt it. Even though in western countries I don't think that…
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n/a | BobK71 | November 27, 2018, 02:31:58 PM |
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Was Crypto Started by Western Elites? Economics
For background information, see my posts:Dissecting the ParasitocracyA Brief His…
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n/a | BobK71 | November 26, 2018, 03:15:55 PM |
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Was Crypto Started by Western Elites? Economics
1. They haven't banned it like authoritarian countries did because that's exactl…
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n/a | BobK71 | November 26, 2018, 02:53:44 PM |
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Was Crypto Started by Western Elites? Economics
By 'Western elites,' I meant the top officers of Western governments, central ba…
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n/a | BobK71 | November 26, 2018, 02:35:40 PM |
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Was Crypto Started by Western Elites? Economics
Please discuss!I do not have direct evidence either way, but I have come to the…
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n/a | BobK71 | November 22, 2018, 09:32:58 PM |
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Financial Crisis Will Come Economics
At this point, almost all countries outside the US are suffering from economic p…
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n/a | BobK71 | November 22, 2018, 08:58:24 PM |
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Money Is Political, Not Technical Economics
Policies are formulated to not only to impart strength to the currency but to at…
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n/a | BobK71 | November 22, 2018, 08:30:20 PM |
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Money Is Political, Not Technical Economics
Politics dictates on how citizen should live in a place. This make sense why the…
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n/a | BobK71 | October 23, 2018, 03:54:34 PM |
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Fiat Currency Always Fails Economics
The way I see it, there are 2 separate issues.1. Is fiat money a good system? 2…
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n/a | BobK71 | October 23, 2018, 03:47:44 PM |
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Our Similarity with the Pre-WWI Period Economics
BTW, the problem for the elites is that they can no longer solve their money-bub…
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n/a | BobK71 | October 05, 2018, 04:29:09 PM |
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A Brief History of Modern Money Economics
Who are the elites everybody talks about? Rich people? Most rich people weren't…
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n/a | BobK71 | October 05, 2018, 04:20:35 PM |
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Fiat Currency Always Fails Economics
I think it is necessary to store the final resources, such as wheat, milk, anima…
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n/a | BobK71 | October 05, 2018, 04:13:49 PM |
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Financial Crisis Will Come Economics
As to the OP, there certainly does seem to be a pattern of financial crises comi…
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n/a | BobK71 | October 05, 2018, 04:04:52 PM |
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A Brief History of Modern Money Economics
after the emergence of paper money, the history of money continues with the exis…
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n/a | BobK71 | September 28, 2018, 03:52:37 PM |
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A Brief History of Modern Money Economics
In the US, for instance, the federal government includes the President and Congr…
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n/a | BobK71 | September 25, 2018, 08:04:12 AM |
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Fiat Currency Always Fails Economics
Actually, no one is particularly interested in the common good as everyone is af…
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n/a | BobK71 | September 20, 2018, 03:35:27 PM |
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Financial Crisis Will Come Economics
I've answered your points just fine, you just ignore them and your answer for ev…
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n/a | BobK71 | September 20, 2018, 02:29:14 PM |
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Fiat Currency Always Fails Economics
This is a key point. Growth is a function of advances in technology, management…
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n/a | BobK71 | September 13, 2018, 10:04:43 AM |
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Fiat Currency Always Fails Economics
This is a key point. Growth is a function of advances in technology, management…
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n/a | BobK71 | September 13, 2018, 09:50:45 AM |
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Fiat Currency Always Fails Economics
The fiat currency has never failed Howard it just an evolution from the phase of…
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n/a | BobK71 | August 28, 2018, 08:41:30 AM |
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Financial Crisis Will Come Economics
This system also punishes prudent people who put the most trust in its promises…
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n/a | BobK71 | August 28, 2018, 07:29:40 AM |
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Jamie Dimon Calls Bitcoin A 'Fraud' Economics
And do you really think government can interfere in this issue? I agree complete…
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n/a | BobK71 | June 26, 2018, 12:20:27 PM |
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Financial Crisis Will Come Economics
Economic growth comes from a production base that produces more goods/services t…
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n/a | BobK71 | June 26, 2018, 12:07:14 PM |
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Money Is Political, Not Technical Economics
In our occidental countries, we are totally independent from the banking systems…
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n/a | BobK71 | June 26, 2018, 11:41:59 AM |
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Buffet, Munger and Gates Denounce Bitcoin Economics
Go back and look at all the financial crises that happened under the gold standa…
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n/a | BobK71 | June 25, 2018, 12:04:31 PM |
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Buffet, Munger and Gates Denounce Bitcoin Economics
To a large extent there is some reason in what you have expatiated but the convi…
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n/a | BobK71 | June 25, 2018, 11:47:46 AM |
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Financial Crisis Will Come Economics
As long central banks keep printing money as they like, inflation and crisis alw…
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n/a | BobK71 | June 25, 2018, 11:20:33 AM |
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Fiat Currency Always Fails Economics
I think, like most people, you totally misunderstand the gold standard. GS (as…
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n/a | BobK71 | June 24, 2018, 04:22:42 PM |
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Financial Crisis Will Come Economics
As long central banks keep printing money as they like, inflation and crisis alw…
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n/a | BobK71 | June 24, 2018, 04:01:56 PM |
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Financial Crisis Will Come Economics
Definitely it will come, but not near future, it could be thousand of years an…
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n/a | BobK71 | June 24, 2018, 03:40:24 PM |
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Our Similarity with the Pre-WWI Period Economics
Good post. Would +merit if I had any left. ...Its a shame no one bothered to r…
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n/a | BobK71 | June 18, 2018, 01:32:58 PM |
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Financial Crisis Will Come Economics
What we consider as economic crisis today has little in common with what happene…
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n/a | BobK71 | June 18, 2018, 01:08:05 PM |
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Financial Crisis Will Come Economics
The gold standard period was not free of crises (as the OP states,) but the 'fia…
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n/a | BobK71 | June 18, 2018, 12:34:06 PM |
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Fiat Currency Always Fails Economics
You can't store value permanently. It's physically impossible. Things that have…
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n/a | BobK71 | June 18, 2018, 12:08:29 PM |
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Financial Crisis Will Come Economics
Financial crisis will always be here, though not in all parts of the world but a…
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n/a | BobK71 | June 12, 2018, 02:06:30 PM |
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Financial Crisis Will Come Economics
It's almost too good to be a coincident that as soon as the world started using…
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n/a | BobK71 | June 11, 2018, 02:21:20 PM |
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Financial Crisis Will Come Economics |
n/a | BobK71 | June 11, 2018, 02:02:43 PM |
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Our Similarity with the Pre-WWI Period Economics
Today's inspiration comes from this piece about how antagonistic nationalism, a…
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n/a | BobK71 | June 08, 2018, 09:19:32 AM |
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Financial Crisis Will Come Economics
We have been through so many economical difficulties, that people should have ha…
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n/a | BobK71 | June 08, 2018, 08:20:28 AM |
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Peter Schiff: How to Think About the Federal Reserve Economics
Central banks are simply a way to centralize the resources of the state-bank eli…
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n/a | BobK71 | June 08, 2018, 08:05:42 AM |
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Jim Rogers: Before All This Is Over, Gold Is Going Through The Roof Economics
Regardless of Jim Rogers' history, my rationale for not getting into the US stoc…
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n/a | BobK71 | June 07, 2018, 03:59:14 PM |
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