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Messages - More Than Mortal

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11401
Serious / Re: China manufacturing growth slows
« on: November 02, 2014, 04:15:29 PM »
Just as there's no way our current system can continue. It's already too late. We HAVE to start over until monetary systems become obsolete.
That's just fearmongering. The idea that the currency simply must be backed by some sort of valuable commodity is a nonsense. In the same way it's a nonsense to think fiat money is backed by faith when it is backed by the economy as a whole.

As for Chinese ownership of U.S. debt, read this.

11402
Serious / Re: China manufacturing growth slows
« on: November 02, 2014, 04:10:50 PM »
There was a time when our currency was sound and backed by precious medals, now it's simply an illusion meant to rob all of us.
The Gold Standard is like the sick joke of economics.

Even if it were good at the time, we have no way of beneficially returning to such a system.

11403
Serious / Re: China manufacturing growth slows
« on: November 02, 2014, 04:03:23 PM »
And I'll be sat here, waiting for you to provide evidence for the worthlessness of the U.S. dollar.

And I swear to God, if you post Peter Schiff. . .

Easy

http://www.usdebtclock.org/

Not to mention the debt is most likely a LOT higher than that since the government borrows so secretively from so many sources. We still owe debts for World War I over 100 years ago.
The debt isn't as big a problem as most people seem to think. We can carry - not that we should - more debt than we do before we face serious problems; see: Japan. That isn't, of course, to say fiscal discipline is unimportant.

Plus, Chinese holding of debt actually gives America a fair bit of leverage. If a man owes you $300,000, you wouldn't want to fuck him around.

11404
Serious / Re: China manufacturing growth slows
« on: November 02, 2014, 03:55:51 PM »
Maybe they just don't want to sell as much to us because they know our money is no good.
What?

You forgot to take your Marinol for that lobotomy today?
You're confusing a supply-side issue for a demand-side one.

False, your sources are simply unreliable.
And I'll be sat here, waiting for you to provide evidence for the worthlessness of the U.S. dollar.

And I swear to God, if you post Peter Schiff. . .

11405
Serious / Re: China manufacturing growth slows
« on: November 02, 2014, 03:50:28 PM »
Maybe they just don't want to sell as much to us because they know our money is no good.
What?

You forgot to take your Marinol for that lobotomy today?
You're confusing a supply-side issue for a demand-side one.

11406
Serious / Re: China manufacturing growth slows
« on: November 02, 2014, 03:47:21 PM »
Maybe they just don't want to sell as much to us because they know our money is no good.
What?

11407
Serious / Re: The two party regulation is stupid
« on: November 02, 2014, 03:43:44 PM »
If you have the Libertarians, you should have the Greens too.

11408
Serious / People who assume they're right in an argument
« on: November 02, 2014, 03:36:32 PM »
Do you know anybody like this? I know a girl in my form class, and it pisses me the fuck off to no end. We once got into an argument about the legalisation of drugs and she thought she'd won by dismissing the idea and saying "do you have any idea what a person on cocaine is like?"

11410
Serious / Re: Obama's stimulus package was bigger than FDR's New Deal
« on: November 02, 2014, 03:12:16 PM »
Government should prioritize the people first in the form of tax breaks, reductions, and even tax free weekends.
I agree so long as deductions aren't included.

11411
Serious / Re: China manufacturing growth slows
« on: November 02, 2014, 03:11:12 PM »
Further proof Communism doesn't work.
lolwut?

China isn't communist
LOL

ARE YOU STOOPID OR SUMMAT?

11412
Serious / China manufacturing growth slows
« on: November 02, 2014, 03:06:41 PM »
From the BBC.
Quote
Growth in China's manufacturing sector slowed in October, an official survey suggests, reinforcing concerns about a slowdown in the wider economy.

The country's Purchasing Managers Index (PMI) fell to a lower-than-expected 50.8, from 51.1 in the previous month. Any score above 50 represents growth.

Analysts had forecast a small rise in the pace of growth.

Recently released figures showed the wider Chinese economy growing at its slowest pace for more than five years.

Growth between July and September was 7.3% compared with a year earlier, down from 7.5% in the previous quarter.

"There remains downward pressure on the economy, and monetary policy will remain easy," said analysts at China International Capital after the PMI data was published on Saturday.

Growth target

Beijing recently unveiled measures designed to stimulate consumer spending, including relaxing limits on home purchases and injecting billions of dollars into the country's biggest banks.

China's central bank has also cut certain inter-bank interest rates.

The government aims to achieve 7.5% economic growth this year, although many analysts believe it will struggle to meet this target. There is speculation it may take further steps to boost growth.

Such high levels of growth are needed to ensure enough jobs are created for China's huge and increasingly-educated population.

But the growth ambitions are much higher than expected rates in more developed economies - latest figures show the US economy growing at an annual rate of 3.5%.
Further proof Communism doesn't work.

11413
Serious / Re: Obama's stimulus package was bigger than FDR's New Deal
« on: November 02, 2014, 02:34:13 PM »
You're in support of stimulus packages?
I would've been in the 1930s.

I'm much more of a monetarist than a fiscalist, although I'm not at all opposed to government investment.

To clarify: stimulus is effective only marginally, but it still "works".

Just like breaking windows does create business for window installers.
That would only be true if crowding out was a problem during recessionary time-periods, which is suspect. Nonetheless, that's pretty much exactly the reason I oppose fiscal stimulus and support monetary stimulus; political discretion is oftentimes a joke.

As for government spending as a whole, it really only need happen in instances where the market is quite obviously failing to provide sufficient infrastructure and, even then, it should include the market in its financing.

11414
Serious / Re: Obama's stimulus package was bigger than FDR's New Deal
« on: November 02, 2014, 02:28:16 PM »
You're in support of stimulus packages?
I would've been in the 1930s.

I'm much more of a monetarist than a fiscalist, although I'm not at all opposed to government investment.

To clarify: stimulus is effective only marginally, but it still "works".

11415
Serious / Obama's stimulus package was bigger than FDR's New Deal
« on: November 02, 2014, 02:25:37 PM »
Obama's stimulus, in Q2 of 2012, was estimated by the CBO to be $831bn.

The cumulative rate of inflation since 1933 is about 1550pc, which would place the New Deal at $825bn.

Does anybody else find this incredibly surprising?

11416
Serious / Re: How is China NOT communist?
« on: November 02, 2014, 02:12:59 PM »
Because you can totally trust the CIA to not be biased against China.

11417
The Flood / Re: An attractive girl/guy is drunk
« on: November 02, 2014, 12:37:49 PM »
Would do a breath analyzer test on her. If not above .08% then good to go
If you think a girl would fuck you after breathalysing her, you're definitely a virgin.
Nah, if she's blonde and dumb, I'd tell her it's a game
You could probably get away with telling her its your penis.

11418
The Flood / Re: An attractive girl/guy is drunk
« on: November 02, 2014, 12:36:24 PM »
Would do a breath analyzer test on her. If not above .08% then good to go
If you think a girl would fuck you after breathalysing her, you're definitely a virgin.

11419
The Flood / Re: An attractive girl/guy is drunk
« on: November 02, 2014, 12:31:49 PM »
itt: moralfags

11420
The Flood / Re: An attractive girl/guy is drunk
« on: November 02, 2014, 12:27:35 PM »
Of course I do it.

11421
Serious / Re: Why are you against the legalization of medical cannabis?
« on: November 02, 2014, 12:22:36 PM »
Marijuana is a gateway drug. Eventually they'll start doing crack and heroin.
Please tell me you're joking.
What's next? Corporations have to pay for weed breaks?
Fuck yeah.

Stick it to the Man.

11422
Serious / Re: >be honest Sikh dude
« on: November 02, 2014, 12:15:20 PM »
just as how a person can't get hold of an Apache helicopter.
You underestimate me.

11423
Serious / Re: Why are you against the legalization of medical cannabis?
« on: November 02, 2014, 12:13:47 PM »
Marijuana is a gateway drug. Eventually they'll start doing crack and heroin.
Please tell me you're joking.

11424
Serious / Re: Why are you against the legalization of medical cannabis?
« on: November 02, 2014, 11:55:53 AM »
I'm not against it. Sheesh, I'm not that sadistic.

11425
Serious / Re: >be honest Sikh dude
« on: November 02, 2014, 11:51:42 AM »
It's far easier to get a gun illegally in America than it is in the UK. That's really what needs to be attacked,

11426
>calling me a faggot

>doesn't even want to be fucked by a manly man

>wants to be fucked by a girly man
That made me giggle like a fucking child.

11427
Is that your own idea, or is that what they do in one of the countries whose education system you were admiring?
My own. I don't know enough about the inner workings of Finland's education system - or any other country for that matter - besides decentralisation and cultural approval. So, hey, I could be wrong.

11428
And in what way could that be achieved? Raising salaries?
More money =/= better progress.

If you want my immediate reaction, then I'd say largely breaking up the teachers' unions and implementing a system where the performance of a teacher is linked to financial incentives and student satisfaction, with more control given to the school over salary, pay and the minutiae of the courses and more control given to the teachers over the capacity of the headteacher.

All long-term; not well enough acquainted with the workings of the education system to try and come up with anything short-term.

11429
You continue to say that government regulation is changing how the school functions.
To deny this is nothing more than bare-faced idiocy. Besides government, however, the idea needs to be enshrined culturally. In this sense, it has been more successful in the likes of Scandinavian nations - like Finland - where teaching is actually seen as a profession of repute and educational responsibility is devolved to the lowest possible level.

In the U.K., at least, the national curriculum is ludicrously long (I think it was Nick Clegg who noted this like 4 years ago in the 2010 debates) and the culture of standardised testing is pervasive to the point where 10 and 11-year-olds are given them and judged on their aptitude to succeed on them. The idea is not one of getting the government out of education - not in the slightest - the idea is to realise which system best produces educated people and how we should arrive at that. I'm not going to be able to point you to an Act of Parliament which dictates that teachers must be mechanical and uninteresting, because that would be nothing more than facile.

11430
Serious / Re: Lena Dunham admits to molesting her younger sister
« on: November 01, 2014, 07:23:01 PM »
Who?

Didn't expect you to be using Truth Revolt.

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