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The Economics Game: Understanding Monetary Policy

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OutHouse

Lifer
Jun 5, 2000
36,423
614
126
trivia:

1. Name which presidents adopted the green backs?

2. Name the US presidents who have been assassinated

 

NoStateofMind

Diamond Member
Oct 14, 2005
9,716
6
76
Originally posted by: Dissipate
Originally posted by: PC Surgeon
Originally posted by: 3chordcharlie
Originally posted by: Citrix
Read this

the Secret world of money
I also like this one: Money as Debt

I don't agree with all of the conclusions, but it's a pretty well done piece.
Yeah, good watch. :thumbsup:
Did you notice what URL that was from? socialistworld.net, just an FYI
Uhh I don't see what you're saying. It shows google to me.

EDIT: Ahh yes I see it now DUH!
 

3chordcharlie

Diamond Member
Mar 30, 2004
9,861
1
81
Originally posted by: Dissipate
Originally posted by: PC Surgeon
Originally posted by: 3chordcharlie
Originally posted by: Citrix
Read this

the Secret world of money
I also like this one: Money as Debt

I don't agree with all of the conclusions, but it's a pretty well done piece.
Yeah, good watch. :thumbsup:
Did you notice what URL that was from? socialistworld.net, just an FYI
I did, but I don't see the socialist connection, TBH.

edit - not to mention, they seem to be big fans of the gold standard;)
 

Dissipate

Diamond Member
Jan 17, 2004
6,829
0
0
Originally posted by: 3chordcharlie

I did, but I don't see the socialist connection, TBH.

edit - not to mention, they seem to be big fans of the gold standard;)

The whole bit about creating a currency that works 'for the people' was a semi-giveaway. They aren't fans of the gold standard for the same reason the government and the Fed aren't fans of gold: they can't control it. Socialists call gold bugs 'hoarders.'
 

3chordcharlie

Diamond Member
Mar 30, 2004
9,861
1
81
Originally posted by: Dissipate
Originally posted by: 3chordcharlie

I did, but I don't see the socialist connection, TBH.

edit - not to mention, they seem to be big fans of the gold standard;)

The whole bit about creating a currency that works 'for the people' was a semi-giveaway. They aren't fans of the gold standard for the same reason the government and the Fed aren't fans of gold: they can't control it. Socialists call gold bugs 'hoarders.'
did you check out the video, or just criticize the source?

unless my memory is very bad, it doesn't say what you think it does.

Beyond that, regardless of their conclusions, it's a pretty good intro to how money works in the banking system we have (as opposed to the one you or I wish we had).
 

piasabird

Lifer
Feb 6, 2002
17,183
60
91
Maybe just open an account in switzerland and convert all of your savings to Euros to keep them from becoming worthless. As the dollar drops your money becomes worth more.
 

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