tag:blogger.com,1999:blog-4490468598422095060.post2597047841987030097..comments2024-03-17T07:55:12.096-07:00Comments on FOFOA: How is that different from Freegold?FOFOAhttp://www.blogger.com/profile/17152544684132776239noreply@blogger.comBlogger217125tag:blogger.com,1999:blog-4490468598422095060.post-49637121867981789472011-02-27T18:01:26.191-08:002011-02-27T18:01:26.191-08:00FOFOA, your FreeGold concept was recently brought ...FOFOA, your FreeGold concept was recently brought to my attention by someone commenting on a variant monetary system proposal of my own. He suggested the possibility that you may too, have been inspired by Silvio Gesell's Depression-era "Freigeld" concept?<br /><br />It seems we are largely on the same page - though I question if you've seriously considered the (un)likelihood ofAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-73545416004779972292011-02-26T07:35:51.856-08:002011-02-26T07:35:51.856-08:00Hello Matt,
I thought your presentation was comme...Hello Matt,<br /><br />I thought your presentation was commendable. In life we are often blind-sided by Others' ignorance. <br /><br />You were trying to explain rain to someone who had never seen it. As he explains to you how such a phenomenon is impossible, it is best leave.<br /><br />And however commendable it may be to spread the freegold concept to commentators you admire, do not expectDiamond Jackhttps://www.blogger.com/profile/09998468116779554795noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-18105479941369243462011-02-25T15:51:17.170-08:002011-02-25T15:51:17.170-08:00@costata
Thank you again for giving all due respec...@costata<br />Thank you again for giving all due respect with your proper words of kindness to the imperfect nature of all us, followers of greater minds. I guess, if Another had the same stance to men as you do, he would have never written a single word and this great gathering of thought and passion (or blunders sometimes) would have never existed.<br />Great mojo,<br />but why the language?<brBright aurumhttps://www.blogger.com/profile/16783154684850533212noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-12968193398515267372011-02-25T15:12:44.851-08:002011-02-25T15:12:44.851-08:00@ henq,
It is my understanding "good willing...@ henq,<br /><br />It is my understanding "good willing newbies" are most welcome to comment.<br /><br />Your comment reveals you have not read the other comments in this thread.<br /><br />Did the blog you link to not satisfy your criteria of<br /><i>"Even quantum physics can be explained and summarized in a wikipedia kind of article. So should Freegold, otherwise it indeed must Piripihttps://www.blogger.com/profile/03271512349186616514noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-37789682877507954802011-02-25T15:08:00.656-08:002011-02-25T15:08:00.656-08:00FOFOA,
What's the record for the most links t...FOFOA,<br /><br />What's the record for the most links to the same article?<br /><br />Pinto must be over 10 on that Shostak piece by now. Nice to see him varying the delivery with that link to Hazlitt's rehash of the same topic. What's next? Rothbard with his version of the same arguments.<br /><br />I don't know if you saw JR's response to Pinto. It was a succinct costatahttps://www.blogger.com/profile/17932860172715556937noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-62518038589072530352011-02-25T15:06:20.533-08:002011-02-25T15:06:20.533-08:00@ Madalion
Jim Willie
Doug Casey
Bill Bonner
Jim ...@ Madalion<br /><br />Jim Willie<br />Doug Casey<br />Bill Bonner<br />Jim Richards<br />Bob Chapman<br />Bill Buckner<br />Harry Schultz<br />Richard Russell<br />Peter Schiff<br />Jim Grant<br />Eric Sprott<br />Jim Sinclar<br />Ben Davies <br />Turd Ferguson<br /><br /> Ben Davies is a freegold guy but the rest of them are not. <br /><br />The rest of them seem to think that gold is in the matthttps://www.blogger.com/profile/17203617132116394286noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-31984682309633288622011-02-25T14:56:14.336-08:002011-02-25T14:56:14.336-08:00Interview to Fekete on youtube....
http://www.you...Interview to Fekete on youtube....<br /><br />http://www.youtube.com/watch?v=_k2x8ETPLxk&feature=feedlikdojufitzhttps://www.blogger.com/profile/08342573668079769637noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-48982640820071581142011-02-25T14:43:59.177-08:002011-02-25T14:43:59.177-08:00@Mailon
As a newby, and a rational, technical eng...@Mailon<br /><br />As a newby, and a rational, technical engineer, I agree with your sentiment. Even quantum physics can be explained and summarized in a wikipedia kind of article. So should Freegold, otherwise it indeed must be bullockes, imho. A good *attempt* is the least what one can expect.<br />Having said that, I give FG the benefit of the doubt. <br />The main point, as to explain to Unknownhttps://www.blogger.com/profile/14411951620924882856noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-76259043252201051332011-02-25T14:05:38.582-08:002011-02-25T14:05:38.582-08:00Bron,
I have read the book that FGA and TDF are r...Bron,<br /><br />I have read the book that FGA and TDF are referring to. It is mostly BS. The authors (husband and wife) have written about some interesting people and events in Asia. The husband was a journalist who had some good contacts. Some of the stuff they have written about did step on a few important toes but a lot of it is "ancient history" now. IMO Lords of the Rim is costatahttps://www.blogger.com/profile/17932860172715556937noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-56682137238339465652011-02-25T11:39:36.306-08:002011-02-25T11:39:36.306-08:00"The transmission channels between the financ..."The transmission channels between the financial and real sectors: a critical survey of the literature<br />BCBS Working Papers No 18<br />February 2011<br /><br />Understanding the transmission channels that exist between the financial and real sectors of the economy is critically important when assessing financial stability. Robust financial systems are viewed as those that do not @mortymer001https://www.blogger.com/profile/13047624328777522777noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-11719527491665243582011-02-25T10:42:53.187-08:002011-02-25T10:42:53.187-08:00@DP
Now replace “fiat” in your paragraph with “che...@DP<br />Now replace “fiat” in your paragraph with “cheap oil” and you will have something of meaning actually.Bright aurumhttps://www.blogger.com/profile/16783154684850533212noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-61281271344485508982011-02-25T10:15:03.192-08:002011-02-25T10:15:03.192-08:00Many people underestimate what fiat has given us t...Many people underestimate what fiat has given us these last few decades. Take a look at the world around us -- the real world I mean, let's put aside for a moment the horrendous financial situation -- it's a very different place than 1971. It's not *ALL* bad.DPhttps://www.blogger.com/profile/01965423353442076871noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-44576077572391125042011-02-25T10:13:26.086-08:002011-02-25T10:13:26.086-08:00Renegotiating Deal
Ollie Rehn- Head Marionette
...Renegotiating Deal<br /><br />Ollie Rehn- Head Marionette<br /> <br />Fine Gael leader Kenny, 59, said this week his priority will be to renegotiate the 5.8 percent interest rate on the bailout. The party has said it may seek European agreement to share the burden of rescuing the country’s financial system with senior bank bondholders. <br /><br />EU Economic and Monetary Affairs Commissioner enoughhttps://www.blogger.com/profile/11559197548302862165noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-2582408528418052102011-02-25T10:11:42.820-08:002011-02-25T10:11:42.820-08:00Hi Paul,
You note above "Fiat works just fin...Hi Paul,<br /><br />You note above "Fiat works just fine, you use it every day no?"<br /><br />The fact that we are compelled to use it with legal tender laws does not mean it works just fine.<br /><br />Varying the amount of fiat disrupts the market pricing mechanism and results economic malstructuring of the economy (read booms and busts"). <br /><br />We are living through Unknownhttps://www.blogger.com/profile/13136389808684008767noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-28324860826818551732011-02-25T09:48:56.841-08:002011-02-25T09:48:56.841-08:00cont'd....
"What the mathematical quanti...cont'd....<br /><br />"What the mathematical quantity theorists seem to forget is that money is not exchanged against a vacuum, nor against other money (except in bank clearings and foreign exchange), but against goods. Hence the velocity of circulation of money is, so to speak, merely the velocity of circulation of goods and services looked at from the other side. If the volume of tradeUnknownhttps://www.blogger.com/profile/13136389808684008767noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-58904383874886383122011-02-25T09:48:26.593-08:002011-02-25T09:48:26.593-08:00Paul,
On confidence and velocity, please see:
h...Paul,<br /><br />On confidence and velocity, please see: <br /><br />http://mises.org/daily/2916<br /><br />Some quotes:<br /><br />"The value of a unit of money is determined, like the value of a unit of a commodity, primarily by psychological factors, and not merely by mechanical or mathematical factors. As with commodities, the value of money is influenced not merely by the present Unknownhttps://www.blogger.com/profile/13136389808684008767noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-45660819436414165462011-02-25T09:25:56.834-08:002011-02-25T09:25:56.834-08:00"Many economic analysts have pointed out how ..."Many economic analysts have pointed out how the world has been anxiously watching while massive quantities of new money were injected by [the] USA into their economy, and through such infusion, into the entire world," he said. <br /><br />"It is widely expected that such infusion, while possibly stimulating growth and employment within the issuing nation, would have a massive DPhttps://www.blogger.com/profile/01965423353442076871noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-27934326637710020032011-02-25T09:23:27.278-08:002011-02-25T09:23:27.278-08:00BBC:Sri Lanka president calls for new world financ...<a href="http://www.bbc.co.uk/news/business-12579725" rel="nofollow">BBC:Sri Lanka president calls for new world financial order</a>DPhttps://www.blogger.com/profile/01965423353442076871noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-91761140717976012202011-02-25T07:38:37.799-08:002011-02-25T07:38:37.799-08:00At the market top, you hear about shortage - peak ...At the market top, you hear about shortage - peak oil, 'they don't build any more land', etc.<br /><br />At the market bottom, you hear about abundance - more oil than we need, abundance of foreclosed houses, etc.Greeniehttps://www.blogger.com/profile/16723475560144858107noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-5815864222935263552011-02-25T05:53:03.826-08:002011-02-25T05:53:03.826-08:00"One of the connections described in Gold War..."One of the connections described in Gold Warriors is that via Perth Mint parts of it have already been sold"<br /><br />Can you please provide specific details or quotes from the book about this.<br /><br />Sounds like BS to me, but I'll see what I can find in the archives.Bron Sucheckihttps://www.blogger.com/profile/00530576934994289879noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-11694462310002398542011-02-25T05:26:02.340-08:002011-02-25T05:26:02.340-08:00@ Sean 24 feb 09.56AM
I'll put it this way, b...@ Sean 24 feb 09.56AM<br /><br />I'll put it this way, because it's in the news; If Gadaffi decided he would use the EURO as fiat, that doesn't mean Libians would make the same choice, certainly not now.<br /><br />Through human action and generations of unencumbered economic transactions, people have come to the realisation that gold is the best store of value.<br /><br />The EURO, g.https://www.blogger.com/profile/13849473291900470436noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-13135259264970314062011-02-25T05:16:29.126-08:002011-02-25T05:16:29.126-08:00FreeGoldAdvocate,
It’s a very long time ago that ...FreeGoldAdvocate,<br /><br />It’s a very long time ago that I made an attempt to discuss this subject (black gold).<br />My experience was that nobody had read that book (except the author of Thunder Road Report) or that they preferred to dismiss it.<br /><br />This book is history IMO and so many intelligent people prefer to ignore. Up to now I haven’t seen any justified or documented dismissal Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-3407128639671005132011-02-25T05:10:33.921-08:002011-02-25T05:10:33.921-08:00The 160,000t figure is based on reasonable estimat...The 160,000t figure is based on reasonable estimates of early gold production and then modern mining records.<br /><br />It certainly could be higher, maybe 200,000t, but no way is the stock of gold ten times.<br /><br />A bit too hot in Perth for this B1 to put on pygamas.Bron Sucheckihttps://www.blogger.com/profile/00530576934994289879noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-30148574184706906302011-02-25T05:03:06.389-08:002011-02-25T05:03:06.389-08:00Costata, meet your new Blogger profile image...
h...Costata, meet your new Blogger profile image...<br /><br /><a href="http://www.learninghouse.com.au/media/catalog/product/cache/1/image/5e06319eda06f020e43594a9c230972d/i/m/image_1_200.jpg" rel="nofollow">http://www.learninghouse.com.au/media/catalog/product/cache/1/image/5e06319eda06f020e43594a9c230972d/i/m/image_1_200.jpg</a>DPhttps://www.blogger.com/profile/01965423353442076871noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-84677148794777172892011-02-25T04:23:33.539-08:002011-02-25T04:23:33.539-08:00Hi Bron,
This B2 is putting his pygamas on and go...Hi Bron,<br /><br />This B2 is putting his pygamas on and going to bed.<br /><br />Good Nightcostatahttps://www.blogger.com/profile/17932860172715556937noreply@blogger.com