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Messages - Kinder Graham
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6031
« on: September 07, 2014, 01:50:22 PM »
The only way the gold standard played a role is that nations suspended it so they can produce more money than they could back with gold. If they were to revert back then their economy would have tanked; that's why a system like gold is the best way to prevent a cloud 9 type of deal where people think they're prosperous when reality is that they are not.
On the other hand, America kept it's gold standard during WWI, which led to an economic boom straight afterwards
But the Great Depression was due in part of Germany's $10B debt it owed the allies. The allies were dependent on Germany to pay them back and when they tried to pay them back, they resorted to printing money which led to inflation and bombed the world economy
You started well. The reason the nations suspended the gold standard was because they realised the supply of money was constricted relative to the demand, and suspending the gold standard allowed them inject liquidity into the financial system. It's no surprise that countries recovered pretty much in the order that they suspended the gold standard.
Also, gold is not the best system to back money with. Not only is it politically unfeasible, we wouldn't get back many of the benefits from it. There's a big danger it could lead to some pretty horrible deflation.
Germany's hyperinflation didn't bomb the world economy, at all. The central bankers just failed to respond to the loss of liquidity and declining NGDP.
You can limit the monetary regime without a gold standard.
 Take away right-wing meaning and you get a pretty accurate depiction of economics. Everybody, including economists, will have a different opinion and what they think is right. I obviously see the gold standard is good and you think it won't work so really, arguing about it is kinda redundant
6032
« on: September 07, 2014, 12:58:31 PM »
I spit gum in this guy's hair that was being a constant douche to me. We both threw two punches and a security guard got in front of us. Both got suspended for like 3 days lol
6033
« on: September 07, 2014, 12:53:42 PM »
The biggest one that strikes me from the link is the dangers of reliance of other nations. The Great Depression was partly due to every nation relying on each other and when one economy collapsed (Germany), it created a domino effect that transferred to other countries
"Partly due" only holds if you mean very, very, very marginally.
The Great Depression was mainly due - as in, almost completely due - to the gold standard and tight money, which led to a serious loss of liquidity. Now, let me look at those twelve reasons.
The only way the gold standard played a role is that nations suspended it so they can produce more money than they could back with gold. If they were to revert back then their economy would have tanked; that's why a system like gold is the best way to prevent a cloud 9 type of deal where people think they're prosperous when reality is that they are not. On the other hand, America kept it's gold standard during WWI, which led to an economic boom straight afterwards But the Great Depression was due in part of Germany's $10B debt it owed the allies. The allies were dependent on Germany to pay them back and when they tried to pay them back, they resorted to printing money which led to inflation and bombed the world economy
6034
« on: September 07, 2014, 12:30:28 PM »
I's bad Multinational companies are the only ones benefiting. They bring in foreign currency, employment opportunities, give funding to the governments in the countries they have bases in, and increase the GDP, to name a few. However their drawbacks outweigh their benefits. These companies can exploit the local workforce. For example some countries have less intense labor and health and safety rules and multinationals use that to their advantage. They might use cheap labor and give unfair hours. Issues of child labor have stemmed from this. The separation of these far-away factories means they do not have the investigative eye of the western media to watch them. Another issue with multinationals is pollution. Some host country's governments for fear of losing all the said 'benefits' of the multinational do not insist on the factories adhering to stringent environmentally conscious practices. An example of this was the Bhopal gas leakage in 1984: In the Union Carbide pesticide plant in India, over 500,000 people were exposed to toxic gases due to a leak in the plant. There were many fatalities. The issue was due to the operating of the plant with safety equipment and procedure far below the regular standards. The local government was aware of this but did not intervene due to the reason I said before-they wanted to keep the large employer. My final issues with multinationals are that they take aware opportunities from local competing firms, they reduce a countries cultural identity by surrounding them with their western ideals, and finally the natural resources of that country can be used for the multinational, and once they are depleted the multinational is able relocate quickly, leaving the host country to pick up the pieces. And here's this which makes even better points why globalization is bad http://ourfiniteworld.com/2013/02/22/twelve-reasons-why-globalization-is-a-huge-problem/The biggest one that strikes me from the link is the dangers of reliance of other nations. The Great Depression was partly due to every nation relying on each other and when one economy collapsed (Germany), it created a domino effect that transferred to other countries
6035
« on: September 06, 2014, 09:55:57 PM »
Pepperoni pizza from a local pizza joint and some raspberry ginger ale
I'm good with this
EWWE ginger ale
Does Britbongstan need to be liberated from Sharia Law?
As long as I'd never see you again,
I'm coming to get you, and your sister, and your frying pan
Sisters on holiday, I'm home alone. With the frying pan. Try it.
POKET SAND
Mother fucker
*handcuffs you while you're blind* better stay still 
6036
« on: September 06, 2014, 09:50:03 PM »
Pepperoni pizza from a local pizza joint and some raspberry ginger ale
I'm good with this
EWWE ginger ale
Does Britbongstan need to be liberated from Sharia Law?
As long as I'd never see you again,
I'm coming to get you, and your sister, and your frying pan
Sisters on holiday, I'm home alone. With the frying pan. Try it.
POKET SAND
6037
« on: September 06, 2014, 09:44:43 PM »
Pepperoni pizza from a local pizza joint and some raspberry ginger ale
I'm good with this
EWWE ginger ale
Does Britbongstan need to be liberated from Sharia Law?
As long as I'd never see you again,
I'm coming to get you, and your sister, and your frying pan
6038
« on: September 06, 2014, 09:32:15 PM »
Pepperoni pizza from a local pizza joint and some raspberry ginger ale
I'm good with this
EWWE ginger ale
Does Britbongstan need to be liberated from Sharia Law?
6039
« on: September 06, 2014, 09:30:13 PM »
Pepperoni pizza from a local pizza joint and some raspberry ginger ale
I'm good with this
6040
« on: September 06, 2014, 06:31:05 PM »
That's racist
6041
« on: September 06, 2014, 06:29:33 PM »
I'm the same as Noelle on this one. I've never experienced either.
Half the forum probably hasn't
I'm sorry, this isn't working out. We're breaking up
6042
« on: September 06, 2014, 05:33:29 PM »
Pretty meh all I can say. Had 2 rejections IRL and 1 on some internet forum like 4-5 months ago
Was it Noelle?
Nope
6043
« on: September 06, 2014, 05:31:42 PM »
Relevant?
Yet those civilizations before the Middle Ages were far more religious than Christian civilizations in Dark Ages, which was only situated in Western Europe. This had no effect on the rest of the world, especially in the Middle-East where the Islamic Golden Age came to play almost immediate after the Middle Ages had started. This Golden Age basically just transferred the balance of knowledge from Europe to the Arab world, despite being highly devoted to the Islamic religion. You had things like the Scientific Method, discovery of the sum formula for the fourth power, quasicrytalline geometry, Law of sines, finding of the Andromeda constellation, ideas leading to the concept of natural selection The Dark Ages were far more a void of discovery And to add, that image is based on a simple slippery slop
6044
« on: September 06, 2014, 05:16:59 PM »
Pretty meh all I can say. Had 2 rejections IRL and 1 on some internet forum like 4-5 months ago
6045
« on: September 06, 2014, 05:14:38 PM »
I do not know what Freshmen Friday is.
Just some event where Seniors pick on and do shit to Freshman on like the first and last Fridays of the school ear. Literally nobody does it
Everyone does it. Maybe you were passed over that day because you look like a girl.
I'm pretty sure it only happened to you because of how much of a dick wad you are. Wouldn't be surprised if special-ed elementary kid schools did it to you also
No, it happened to me because I looked like a freshman male in my freshman year, like a normal person.
fuking lol
6046
« on: September 06, 2014, 05:13:24 PM »
I do not know what Freshmen Friday is.
Just some event where Seniors pick on and do shit to Freshman on like the first and last Fridays of the school ear. Literally nobody does it
Everyone does it. Maybe you were passed over that day because you look like a girl.
I'm pretty sure it only happened to you because of how much of a dick wad you are. Wouldn't be surprised if special-ed elementary kid schools did it to you also
6047
« on: September 06, 2014, 05:11:22 PM »
I do not know what Freshmen Friday is.
Just some event where Seniors pick on and do shit to Freshman on like the first and last Fridays of the school ear. Literally nobody does it
6048
« on: September 06, 2014, 05:06:48 PM »
Eat them
I'm having pizza for dinner, not Chinese take-out :c
There is something very wrong with this sentence.
You're right I forgot the period at the end!
6049
« on: September 06, 2014, 05:03:10 PM »
Eat them
I'm having pizza for dinner, not Chinese take-out :c
6050
« on: September 06, 2014, 05:02:29 PM »
And they're kissing each other. wut do? 
6051
« on: September 06, 2014, 03:24:53 PM »
Attempting the Driving Test mission for the third time soon. Anyone got any good walkthroughs?
lolnissan hope she gets into an accident and burns alive
6052
« on: September 06, 2014, 02:56:14 PM »
We should all trade account info with one other person and be them for like a day
6053
« on: September 06, 2014, 12:35:27 PM »
Will Meta wanna fuck me if I was fat?
Depends on whether or not you get a sex change first.
You're bi
6054
« on: September 06, 2014, 12:02:30 PM »
Will Meta wanna fuck me if I was fat?
6055
« on: September 06, 2014, 11:40:58 AM »
I think he fears rapists, not toilets.
Rapist? There's no rapist here. Just a bunny wanting to spread the joy of bathroom hygiene
6056
« on: September 06, 2014, 11:38:32 AM »
I'll die won't I?
Can I eat Tru?
NO. TRU IS MINE. STAY AWAY SCARY LADY
6057
« on: September 06, 2014, 11:33:26 AM »
Just waiting for the season premieres of The Blacklist and The Following
Your avatar is scary.
It's waiting for you to sit down
Right.... You see... I have two fears in this world, that's one of them.
I'll help you get over your fears of toilets
6058
« on: September 06, 2014, 11:30:52 AM »
Fuck it. Inb4oss,Byrne,Yu,waifu
Spoiler I woke up in my sisters bed before, I don't remember what happened. I wasn't drunk, it was just a while ago. Incest is wrong. I'm disappointed in you. You're now not getting a chibi meal from Wendys
6059
« on: September 06, 2014, 10:56:47 AM »
Just waiting for the season premieres of The Blacklist and The Following
Your avatar is scary.
It's waiting for you to sit down
6060
« on: September 06, 2014, 10:51:44 AM »
Just waiting for the season premieres of The Blacklist and The Following
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