Here's what the problem with money is

danielpalos said:
A medium of exchange is a store of wealth (as money).
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No, it isn't. It's a store of value, not wealth. Wealth and only wealth is a store of wealth.

Example: In 1930, $20 would buy one oz of find gold. Today, that same ounce of gold is worth around $1900. The fiat dollar has lost value. A lot of value. The dollar today is worth only 10.6 mils what a dollar in 1930 was worth.

So...if you saved $1000 in 1930 and held it all those years, it would be only be worth today $1.50 (discounting collectors valuation).

If you save, your money is LOSING value. The dollar is NOT a store of wealth.
 
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Into the Night said:
No, it isn't. It's a store of value, not wealth. Wealth and only wealth is a store of wealth.

Example: In 1930, $20 would buy one oz of find gold. Today, that same ounce of gold is worth around $1900. The fiat dollar has lost value. A lot of value. The dollar today is worth only 10.6 mils what a dollar in 1930 was worth.

So...if you saved $1000 in 1930 and held it all those years, it would be only be worth today $1.50 (discounting collectors valuation).

If you save, your money is LOSING value. The dollar is NOT a store of wealth.
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Physical fiat money and virtual fiat money are stores of wealth as mediums of exchange.

Nobody takes right-wingers seriously about economics when they can't tell the difference between a store of value and a store of wealth.
 
Into the Night said:
Nope. They are stores of value.

You are describing yourself. Inversion fallacy. Bigotry.
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I don't believe you; you must be on the right-wing. How are digital and physical fiat money stores of value? Or, do you simply appeal to ignorance of a store of wealth since you are on the right-wing?
 
NiftyNiblick said:
This guy is seriously damaged. No need to see his/her/its posts anymore.
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And you idiot are the one making sense spending your time and effort reading stuff that are nonsense to you idiot, but not only that...

...after that idiot, you spend time and effort to reply to nonsense idiot, on a thread that you didn't even start idiot!!!

how about you don't waste my time and effort on my thread clown, you got arguments reading the subject below argue, but...

...if you simply have opinions/conclusions regarding the subject below, start your own thread clown, we are not here to listen to your opinions...

...we are here to listen to any potential arguments that even you clown might have.


Subject

Imagine you do the same thing with the same amount of money twice from its beginning until its end , but one of the times that it takes you more time and effort.

Would you choose again and again to do it when it takes you more time and effort to do it with the same amount of money, doing the same thing?


try thinking about it, or try another thread, and spending time and effort on my thread that you don't understand...cause what is it that you don't understand player?
 
Into the Night said:
Nope. They are stores of value.

You are describing yourself. Inversion fallacy. Bigotry.
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What the hell do you think you are doing on my thread clown?

Argue on the below or get lost idiot. Why?

Cause you are exactly the idiot who needs to get schooled on what money does idiot, and this is what I am doing here idiot, get that clown?

Argue regarding what?

Regarding this idiot, I have posted it several times, and you idiot keep avoiding it, ON MY THREAD IDIOT!!!

Argue or get lost clown...

Subject

Imagine you do the same thing with the same amount of money twice from its beginning until its end , but one of the times that it takes you more time and effort.

Would you choose again and again to do it when it takes you more time and effort to do it with the same amount of money, doing the same thing?


try thinking about it, or try another thread, and spending time and effort on my thread that you don't understand...cause what is it that you don't understand player?
 
danielpalos said:
Physical fiat money and virtual fiat money are stores of wealth as mediums of exchange.

Nobody takes right-wingers seriously about economics when they can't tell the difference between a store of value and a store of wealth.
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The subject is below clown...

you want to argue with your buddies...

...you will not do that on my thread without me getting your way...

get that clown?!


Subject

Imagine you do the same thing with the same amount of money twice from its beginning until its end , but one of the times that it takes you more time and effort.

Would you choose again and again to do it when it takes you more time and effort to do it with the same amount of money, doing the same thing?


try thinking about it, or try another thread, and spending time and effort on my thread that you don't understand...cause what is it that you don't understand player?
 
The rest of you reading,

what do you think after 29 pages of idiots and their endless "money" stories...

...do you think money reduces the time and effort we have to spend to trade with one another, or...


...do you think that you are making sense posting your opinions regarding money, so that we have to spend more time and effort with your "money" stories?

Why?


Subject

Imagine you do the same thing with the same amount of money twice from its beginning until its end , but one of the times that it takes you more time and effort.

Would you choose again and again to do it when it takes you more time and effort to do it with the same amount of money, doing the same thing?


try thinking about it, or try another thread, and spending time and effort on my thread that you don't understand...cause what is it that you don't understand player?



This is exactly why, wake up geniuses....

https://www.facebook.com/AlexandrosTsolis/
 
AlexandrosTsolis said:
The subject is below clown...

you want to argue with your buddies...

...you will not do that on my thread without me getting your way...

get that clown?!


Subject

Imagine you do the same thing with the same amount of money twice from its beginning until its end , but one of the times that it takes you more time and effort.

Would you choose again and again to do it when it takes you more time and effort to do it with the same amount of money, doing the same thing?


try thinking about it, or try another thread, and spending time and effort on my thread that you don't understand...cause what is it that you don't understand player?
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Are you referring to inflation?
 
danielpalos said:
Are you referring to inflation?
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Subject

Imagine you do the same thing with the same amount of money twice from its beginning until its end , but one of the times that it takes you more time and effort.

Would you choose again and again to do it when it takes you more time and effort to do it with the same amount of money, doing the same thing?


try thinking about it, or try another thread, and spending time and effort on my thread that you don't understand...cause what is it that you don't understand player?
 
Into the Night said:
Posting.

You don't get to dictate who posts here.

You are describing yourself. Inversion fallacy.
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I do dictate how you look to others posting on a thread that you didn't start, is nonsense to you, you are not addressing the subject,

and you IDIOT are a waste of time and effort, which is the subject of this thread idiot...

...as when idiots like you idiot do what you idiot are doing, then idiot we have to spend more time and effort...


...do you idiot understand? If you don't idiot, do you think others reading may understand? If you don't idiot, do you think others should keep on reading my thread and replying idiot?


The subject is below clown...
you want to argue with your buddies...
...you will not do that on my thread without me getting your way...
get that clown?!


Subject

Imagine you do the same thing with the same amount of money twice from its beginning until its end , but one of the times that it takes you more time and effort.

Would you choose again and again to do it when it takes you more time and effort to do it with the same amount of money, doing the same thing?


try thinking about it, or try another thread, and spending time and effort on my thread that you don't understand...cause what is it that you don't understand player?
 
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