Recent content by Kuragami

  1. K

    Thousands Protest in Iceland following Soaring Currency Inflation

    Only people with small minds and lack of reading comprehension resort to personal insults. I already corrected my statement by adding that it was in the "industrialized world". Depending on what formula is used the US comes in 4th, 3rd or 1st on the list. So what I said is true from a...
  2. K

    Thousands Protest in Iceland following Soaring Currency Inflation

    Corruption and inefficiency is irrelevant as the government still has to ask for the money prior to it being printed. At least this is true in Canada. The only difference is that you pass power from government to private business but either way there is a paper trail. There is this thing...
  3. K

    Thousands Protest in Iceland following Soaring Currency Inflation

    How do the private banks control it? Answer: By having the government go to them to issue money. It's that simple. Who should control it? Answer: Government with strict controls, constitutionally amended if need be. How? Answer: By having the central bank (owned by the people)...
  4. K

    Thousands Protest in Iceland following Soaring Currency Inflation

    I don't find this funny at all. If you want to contribute something other than witless one liners you are welcome to do so.
  5. K

    Thousands Protest in Iceland following Soaring Currency Inflation

    Well I guess that depends on what you consider the US is. You would be correct if you said corporations. What about people? The US has arguably the world's largest gap between the rich and the poor of industrialized nations. Edit: correction added "industrialized nations" - I was not...
  6. K

    Thousands Protest in Iceland following Soaring Currency Inflation

    Actually I 100% agree with you on gold except for one thing. JP Morgan didn't save the government's ass. It was the third attempt to scam the country and they succeeded, but that's a whole other discussion. Also while it's on subject you actually didn't even form an argument against what I...
  7. K

    Thousands Protest in Iceland following Soaring Currency Inflation

    I'll make it easy for you to decide. Option 1: Government prints its own money and by law not be allowed to expand the money supply beyond what is needed for trade and increased only by as much as the population increases thereby ensuring little to no inflation. Under this method when you...
  8. K

    Thousands Protest in Iceland following Soaring Currency Inflation

    You mean if they had control over their own currency and the government not allowed the banks to push the public, industry and other sectors to expand too far and go into debt? It would be nice quiet place to visit. That's what.
  9. K

    Thousands Protest in Iceland following Soaring Currency Inflation

    I don't see Obama in the US or Harper here in Canada doing any such thing as dumping debt based monetary policy. However I do see them restructuring the monetary policy into another currency. It would take hyperinflation and the public begging for any solution to do it and if it came to that...
  10. K

    Jim Flaherty and the government of Canada is lying... on not bailing out Canadian banks

    Well I have friends and family all over Canada and some of what I read in our Canadian financial news matches what I'm hearing from them first hand. Basically home prices in major metropolitan areas have either completely stopped rising or have began to drop slightly. It is becoming...
  11. K

    Jim Flaherty and the government of Canada is lying... on not bailing out Canadian banks

    It's not the US housing meltdown that has me worried. It's our own. At some point the value of things have inflated to such a degree that it is no longer reasonable to pay off such a debt. In my opinion we are at the apex of our own bubble that is ripe for a burst. Some question if it will...
  12. K

    YA(Auto industry)T - Michael Moore on Larry King CNN

    In my opinion Moore hit the nail 100% on the head. Watch the documentary "Who Killed The Electric Car?". The whole system is the problem. You can no longer make an argument that it is not feasible to make electric cars or that they don't go fast or don't go far enough or that they don't...
  13. K

    Jim Flaherty and the government of Canada is lying... on not bailing out Canadian banks

    Ok so the that whole doubling in value of homes in the past 8-10 years is just my imagination? How does that not keep pace with the US? Some economists think we are 2 years behind the US. I think they are right, but I agree with you that there wasn't this whole system of product selling sub...
  14. K

    Jim Flaherty and the government of Canada is lying... on not bailing out Canadian banks

    Sorry I couldn't respond sooner but had no time. As far as what you said well... at what point is that negating what I said? You didn't even form an argument. Based on your past posts that seems to be a bad habit. Personally I think you do it on purpose to see if you can get a rise out of...
  15. K

    Jim Flaherty and the government of Canada is lying... on not bailing out Canadian banks

    Would be nice to get feedback since I'm so wrong and earlier needed to be shown the light. Now I feel like someone who turned on the light at night and everyone scatters. Funny that.