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Type: Posts; User: McDuck

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  1. Replies
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    Well, I'm pretty far from erudite on this matter,...

    Well, I'm pretty far from erudite on this matter, but after hearing some of the other theories, I'm keen to have a crack at it.

    I'm not sure what they mean by "account surplus"? What account?,...
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    It’s an interesting question, and frightening...

    It’s an interesting question, and frightening that you had to ask it.
    Well, what’s really frightening is the realisation that there’s a good chance most of the people in parliament and the financial...
  3. Replies
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    It’s not a theory, a bunch of bankers just showed...

    It’s not a theory, a bunch of bankers just showed their true conspiracy colours this week.

    Please click the link below to see the full newspaper story.
    ...
  4. Replies
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    It’s pretty obvious that money does NOT retain...

    It’s pretty obvious that money does NOT retain its value, especially in the housing sector.

    A few years back you could buy a house for three hundred thousand dollars, now that same amount will...
  5. Replies
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    Brilliant! They create the extra coin by...

    Brilliant!

    They create the extra coin by cheating of course.

    Historically, if it was a gold coin, it was melted down and another metal (silver) added. This is called debasement.
    Another trick...
  6. Replies
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    Ahh, Little Miss, this addiction of yours to cat...

    Ahh, Little Miss, this addiction of yours to cat pictures now makes more sense, but the “Spaceman” name seems a strange choice.

    Luckily we’re going to be talking about the use (and misuse) of...
  7. Replies
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    Some of your punctuation marks aren't entirely...

    Some of your punctuation marks aren't entirely familiar to me.
    Specifically "^","......" and "LOLZ".
    By contrast, the punctuation mark "?" is well known, and indicates a question has been asked....
  8. Replies
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    You just keep your cheeks to yourself, Miley...

    You just keep your cheeks to yourself, Miley Cyrus has already spoiled that word for the rest of us.
    What about a meeting of the minds instead? I'll immediately send out a search party to look for...
  9. Replies
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    Semantics are important. The use of language is...

    Semantics are important.
    The use of language is particularly important to property people.
    It would be very beneficial to explore the use of the language - as it represents the related ideas of...
  10. Replies
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    It’s clear that spaceman is hinting at something....

    It’s clear that spaceman is hinting at something.
    I’m tending to think he’s trying to explain a dynamic moving changing system like money
    by using only static unmoving and fixed thinking.

    If...
  11. Replies
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    6,445

    Re the re-post, it's more efficient for you to...

    Re the re-post, it's more efficient for you to scroll back and reread it in context. That way might catch your error in perception.

    As for the second question, in many countries there isn't a...
  12. Replies
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    6,445

    Easy. Money is the power to make people do...

    Easy.
    Money is the power to make people do things.
    Governments want to make us do things.
    People riot it you force them to do the things they don't want to, but don't riot if you make them think...
  13. Replies
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    Spaceman has got some valid points, but most of...

    Spaceman has got some valid points, but most of them have no place in a practical landlord’s forum. Admittedly, knowing the finer details about how loans and banks and capital gains and inflation...
  14. Replies
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    Well I would , but, would I be posting the same...

    Well I would , but, would I be posting the same explanation again?, or a totally new copy of a previous explanation?
    By your own definition, a thing can only paly once in a scenario,...
  15. Replies
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    Donna asked about the future shape of the...

    Donna asked about the future shape of the property market, and about possible micro prudential tools .

    Our in depth familiarisation with the nuances of the banking system has given me an idea for...
  16. Replies
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    I've run my very clear explanations past a few...

    I've run my very clear explanations past a few other people, just to check that they make simple sense, and the consensus is that they do.
    Perhaps you don't have a full grasp of the words?
    What did...
  17. Replies
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    A bank cashier will have many coins. There are...

    A bank cashier will have many coins.
    There are many banks.
    The ten coins that went into the fist bank got thrown into the pile of cashiers coins.
    The customer who took out the first loan did not...
  18. Replies
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    Yes I agree with you. In the general sense of...

    Yes I agree with you. In the general sense of your question, deals can be found or induced in any market.

    In the NZ Auckland market at the moment, it's the Agent's that restrict that opportunity....
  19. Replies
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    Did you know that those so called coins of yours...

    Did you know that those so called coins of yours are just stamped metal.
    The authority of the government and the law makes them functioning coins.
    You really need to have a think about what...
  20. Replies
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    Ahhh, I think I see what’s hanging you up now....

    Ahhh, I think I see what’s hanging you up now.
    An ideal coin should be exactly the same as every other coin.

    The total financial system can’t (and doesn’t try to) identify individual coins.
    The...
  21. Replies
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    Ah, I see your confusion. You’re failing to...

    Ah, I see your confusion.
    You’re failing to grasp the difference between an INSTANT of time and a PERIOD of time.

    Now, your main question.
    You might like to reread my previous posts, to...
  22. Replies
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    A Factor is just a fancy word for a middle man.

    A Factor is just a fancy word for a middle man.
  23. Replies
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    Oh, yes Bob, You’re right. At any point in time...

    Oh, yes Bob, You’re right.
    At any point in time there can only be ten actual coins, and a bunch of electronic or paper records of the actual events.
    But remember we’re not talking about a moment...
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    The two main parties at play here are Commercial...

    The two main parties at play here are Commercial banks and the Central bank.
    Although it should be remembered that all four parties are at play, the Government (which enables the Central bank with...
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    Again, the answer depends on your knowledge of...

    Again, the answer depends on your knowledge of banks and history.
    A simple paperboy might think of a bank as that slotted plastic pig sitting on his desk.
    He puts surplus coins in there so that he...
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