I agree wholly with one exception - without fraud the system would not be fixed, it would break. It is dependent upon that business model to...
Because they have had to live through the pain of their decisions, a reality the US has yet to face.
So because a hormone occurs naturally it's OK to give heightened amounts? I think that's how people go about gender change ... not sure I'd want...
I doubt they'd be letting us continue down this path if there wasn't something in it for them. Technically all of the above are one form of...
Without a link it's not fact checking so I will try to help out as best I can :) http://answers.google.com/answers/threadview?id=62903...
I also hesitated there, but I don't think it undermines the premise which is that the baseline for valuation was derived out of precious metals....
As the paper in my previous post postulates to some degree, I agree with it that the concept of measuring valuation originated with gold (and...
This paper from Fekete Research explains things perfectly in my view, from Sandeep Jaitly on Austrian school of economics. It just makes a lot of...
Nothing has value outside the human mind. I was merely articulating the origin of value to illustrate that yes, you are right, and it doesn't...
There's really not much difference in this case. Delusion is the same as perception, and in some cases perception is reality. Although I typically...
I've heard milk is something like 50% puss, but I haven't fact checked that. I drink almond milk anyway. It's lower in calories, higher in calcium...
Cash is a negative return when taking inflation into account. PM's are more of a zero return game with inflation calculated in, with the potential...
Yes, they are fungible, but to meet the requirements of a unit of account and a store of wealth something must be fungible and divisible and...
I agree with you to an extent, but there is more to it. Gemstones have added value based on aesthetics - the type of cut. A molecule of gold is...
Please note I said in a hyperinflation or default. In the first scenario the price of goods and services rises so fast that there cannot be any...
Kyle Bass pointed out on TV the other day that the Zimbabwe stock market was the best performer last decade, but your entire portfolio would only...
I said substantive. If you believe the price is accurate feel free, but I know that it is not. sub·stan·tive /ˈsʌbstəntɪv/ Show Spelled...
This is true if you plan on transacting in dollars. However, linearly growing GDP (which is now nominally negative in Q4 2012, and has been...
Most of these things are not fungible. Fungible means that anything of that type is the same value as anything else of that type as long as the...
This is all true, but it's only half the story. I'm not going to dissect any further but suffice it to say if this was all there was to it we...
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