tag:blogger.com,1999:blog-4490468598422095060.post7462161588244224777..comments2024-03-17T07:55:12.096-07:00Comments on FOFOA: October Open ForumFOFOAhttp://www.blogger.com/profile/17152544684132776239noreply@blogger.comBlogger111125tag:blogger.com,1999:blog-4490468598422095060.post-4439601659329626382011-10-13T11:15:34.972-07:002011-10-13T11:15:34.972-07:00The most interesting thing about a postage stamp i...The most interesting thing about a postage stamp is the persistence with which it sticks to its job. thanks buddy. It was a nice post.<br />How I also wish you could link us up to better jobs sites<br />allot are really in pains, modern day slavery for a job<br />Great Opportunity to get international Jobs specially Nigerian citizens must check this site <a href="http://Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-47847417013106467732011-10-07T09:05:30.225-07:002011-10-07T09:05:30.225-07:00@Indenture:
"Joy and JofL: Welcome to FOFOA&...@Indenture: <br />"Joy and JofL: Welcome to FOFOA"<br />Thanks a lot, I'm loving reading all you guys. Joy is still me, before I figured out how commenting works :P You guys are brilliant and I love learning from you!JoyOfLearninghttps://www.blogger.com/profile/09514842235211064400noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-30669946972223365712011-10-06T09:42:31.786-07:002011-10-06T09:42:31.786-07:00Hmm... I think you're on to something there DP...Hmm... I think you're on to something there DP. Gold used as an international Balance of Payments settlement currency? Could be. ;-)Aaronhttps://www.blogger.com/profile/13451592775494356839noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-33081612788446371862011-10-06T09:32:37.491-07:002011-10-06T09:32:37.491-07:00Could gold turn out to be MA's supranational c...Could gold turn out to be MA's supranational currency?DPhttps://www.blogger.com/profile/01965423353442076871noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-46984850186025026772011-10-06T09:30:55.546-07:002011-10-06T09:30:55.546-07:00Aiionwatha's Nation: I was however curious tha...Aiionwatha's Nation: <i>I was however curious that he seemed to think an SDR type of international currency instrument would serve this function as a first time fiat to fiat transition in the face of a debt/currency collapse.</i><br /><br />Interesting - I don't recall him mentioning the term SDR. He's written in the past about things that strike a chord with me, still even today, DPhttps://www.blogger.com/profile/01965423353442076871noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-79741171581475217422011-10-05T22:43:26.835-07:002011-10-05T22:43:26.835-07:00"On September 25, China joined the United Sta..."On September 25, China joined the United States, Germany, Italy and the United Arab Emirates, in having ATMs that dispense bullion and gold coins. In Beijing's 800-year old Wangfujing shopping district, buyers can now use bank cards and cash to induce the machine to pop out certified gold."<br /><br />"Each withdrawal at the Wangfujing ATM is capped at 2.5 kilograms of gold, Jhttps://www.blogger.com/profile/17037440628680644516noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-37012783353299725882011-10-05T18:30:17.950-07:002011-10-05T18:30:17.950-07:00"But it seemed he was pretty much in favor of..."<i>But it seemed he was pretty much in favor of a multi-polar approach.</i>"<br /><br />Yes.<br /><br /><i>"Recommended it."</i><br /><br />Yes.<br /><br /><i>"I'll re-read.</i><br /><br />Yes.<br /><br /><i>"The only way I can relate freegold to "multi-polar" anything is by looking at the separation of the function of money."</i><br /><br />Yes.<Aaronhttps://www.blogger.com/profile/13451592775494356839noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-15788445718189029722011-10-05T15:55:24.607-07:002011-10-05T15:55:24.607-07:00Hey Aaron (name of my first born, btw) - thanks! B...Hey Aaron (name of my first born, btw) - thanks! But it seemed he was pretty much in favor of a multi-polar approach. Recommended it. I'll re-read.<br /><br />The only way I can relate freegold to "multi-polar" anything is by looking at the separation of the function of money. Gold as one polar and currency in the other... If this is the case, I understand why they went with 'zabbahttps://www.blogger.com/profile/11046889929103477458noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-63960736777741501982011-10-05T15:02:21.062-07:002011-10-05T15:02:21.062-07:00A lot to take in on the MA piece but I still have ...A lot to take in on the MA piece but I still have the same major issue with the conclusion. <br /><br />In fact I'd spell it out to say there is no way to effectively regulate the transmission of a supranational currency. Didn't he say as much when he said the Euro had a major flaw in that it's countries could issue their own debt? Debt free as well? Isn't this a debt based Aiionwatha's Nationhttps://www.blogger.com/profile/17333816591160312091noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-85994447575435044162011-10-05T14:06:30.642-07:002011-10-05T14:06:30.642-07:00This is a tad crass, but good for a laugh.
RanrThis is a tad crass, but good for a laugh.<br /><br /><a href="http://www.youtube.com/watch?v=-mAUQYn6DjM" rel="nofollow">Ranr</a>Motley Foolhttps://www.blogger.com/profile/06902761012772262091noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-66104521591509864292011-10-05T11:28:21.053-07:002011-10-05T11:28:21.053-07:00http://armstrongeconomics.files.wordpress.com/2011...http://armstrongeconomics.files.wordpress.com/2011/10/armstrongeconomics-dollar-and-reserve-currency-100211.pdf<br /><br />One of the more interesting Armstrong pieces I have read.Polly Metallichttps://www.blogger.com/profile/04404841777505633584noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-40517998835202608672011-10-05T11:08:17.995-07:002011-10-05T11:08:17.995-07:00Mario Draghi : Also mentioned that a Bancor as a r...Mario Draghi : Also mentioned that a Bancor as a reference unit may also not work.<br /><br />Last sentence - "Any weakening(of Bancor) would undermine its attractiveness, and hence its function as a reserve asset. However, if the supply of a supranational currency were to be restricted, it might fail to meet demand and so fall short of its function."<br /><br />As FOFOA says only Gold Bijuhttps://www.blogger.com/profile/02244761585623384771noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-49185916100511164232011-10-05T10:28:19.216-07:002011-10-05T10:28:19.216-07:00Aiionwatha's Nation
Many thoughts. It's u...Aiionwatha's Nation<br /><br />Many thoughts. It's unworkable. <br /><br />TFMotley Foolhttps://www.blogger.com/profile/06902761012772262091noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-22831662545175196552011-10-05T09:25:05.520-07:002011-10-05T09:25:05.520-07:00I liked this part: "...It took a long time to...I liked this part: "...It took a long time to reach the point, in the nineteenth century, when the value of a monetary unit was defined solely by the quantity of precious metal it contained; paper money was declared convertible into metal; money had been “depoliticized”..."@mortymer001https://www.blogger.com/profile/13047624328777522777noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-46288309713529763202011-10-05T09:24:34.679-07:002011-10-05T09:24:34.679-07:00OK :o) once more:
ECB - Mario Draghi: The euro – ...OK :o) once more:<br /><br />ECB - Mario Draghi: The euro – from the past to the future <br /><br />http://www.bis.org/review/r110322f.pdf?frames=0@mortymer001https://www.blogger.com/profile/13047624328777522777noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-33275049211194143562011-10-05T08:48:10.412-07:002011-10-05T08:48:10.412-07:00Listened to the Martin Armstrong piece last night....Listened to the Martin Armstrong piece last night. I think he nailed it in regard to the need for a reference point to bring some viability back to trade flows and debt imbalances ala FOFOA in places I'm sure JR knows. <br /><br />I was however curious that he seemed to think an SDR type of international currency instrument would serve this function as a first time fiat to fiat transition Aiionwatha's Nationhttps://www.blogger.com/profile/17333816591160312091noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-90496607534360771722011-10-05T08:42:44.806-07:002011-10-05T08:42:44.806-07:00Hi Zabba-
When you get to a spot where you think ...Hi Zabba-<br /><br />When you get to a spot where you think Smaghi is taking about the Bancor, just think to yourself, "I wonder if gold would fit here?" Lorenzo is not going to come right out with it and say Gold. Imagine the impact such a speech would have. ;-)<br /><br />--AaronAaronhttps://www.blogger.com/profile/13451592775494356839noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-46539907316087502332011-10-05T08:21:08.859-07:002011-10-05T08:21:08.859-07:00Jeff, indeed - thanks ;)Jeff, <a href="http://jessescrossroadscafe.blogspot.com/2011/10/administrative-note.html" rel="nofollow">indeed</a> - thanks ;)DPhttps://www.blogger.com/profile/01965423353442076871noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-65220902531335133262011-10-05T08:11:05.690-07:002011-10-05T08:11:05.690-07:00Jesse has a good piece at his cafe, stops just sho...Jesse has a good piece at his cafe, stops just short of acknowledging oncoming freegold. <br /><br />Mortymer, good reads.Jeffhttps://www.blogger.com/profile/08785185950964767294noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-50805996719369768392011-10-05T05:56:14.351-07:002011-10-05T05:56:14.351-07:00Martin Armstrong (paraphrasing from memory):
When...Martin Armstrong (paraphrasing from memory):<br /><br /><i>When you have a plan but almost nobody will like it, you write the plan on a piece of paper and put it in a drawer. When there is a crisis that needs your solution, you pull out the piece of paper and it just gets implemented. This is always the way it is.</i>DPhttps://www.blogger.com/profile/01965423353442076871noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-15724313321530079082011-10-05T05:47:09.528-07:002011-10-05T05:47:09.528-07:00Max,
Yup, meet the new solution, same as the old ...Max,<br /><br />Yup, meet the new solution, same as the old solution: monetize and leverage. <br /><br />The only unknown are the channels used...Aquilushttps://www.blogger.com/profile/15750465782608134458noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-27996588679904540512011-10-05T05:00:54.220-07:002011-10-05T05:00:54.220-07:00I heard one of the Bloomberg presenters, this morn...I heard one of the Bloomberg presenters, this morning, quoting Schaeuble saying that they had a plan, a solution that they had not deployed back in 2008, just waiting in the wings.....Max De Nirohttps://www.blogger.com/profile/05680929281530200273noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-39835967225262172782011-10-05T04:30:02.440-07:002011-10-05T04:30:02.440-07:00:-D "Don't Follow Me" - perhaps the ...:-D <i>"Don't Follow Me"</i> - perhaps the best way to get some people to follow you!DPhttps://www.blogger.com/profile/01965423353442076871noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-81617992521448983602011-10-05T04:13:14.488-07:002011-10-05T04:13:14.488-07:00DP,
yea me too
#32,770 Im going onDP,<br /><br />yea me too<br /><br />#32,770 Im <a href="http://www.youtube.com/watch?v=u_R9fId_Rqo" rel="nofollow">going on</a>Crackhttps://www.blogger.com/profile/01907057178754937392noreply@blogger.comtag:blogger.com,1999:blog-4490468598422095060.post-45786735852105873082011-10-05T04:00:54.041-07:002011-10-05T04:00:54.041-07:00PS: I loved the way your guy got buried in paper a...PS: I loved the way your guy got <b>buried in paper</b> around 1 minute in.DPhttps://www.blogger.com/profile/01965423353442076871noreply@blogger.com