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How to destroy money cont. Spaceman, re Xeno.

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  • #16

    Your feeble mind tricks won't work on me.

    You asked ................Could you refresh me again on what you think our opposing views on money boiled down to................I quoted one of your previous posts and pointed out the idiocy of it

    Mostly to annoy the banks,
    the reasoning being that if the 3 million people in New Zealand all carried 100 dollars,
    then that money would be out of the banks control, they couldn’t lend it out.
    $300 000 000 would be removed from the money supply..
    and also any associated bank fees, and the syphoned off interest for said “services”.

    You can can call it what you want....I don't regard refuting one of your post's introducing anything. If your reading comprehension is really that bad it explains a lot. The concept of "money supply" isn't mine. In exactly the same way as even though I drive a car I didn't invent it..

    The previously quoted wikipedia page is an adequate definition of the money supply.....I don't agree with everything on the page as some of it is arrant nonsense (already been done to death on PT) but the general thrust is ok.

    course I’m stunned to hear you utter the idea that the actual amount of money is not a quantity required in the determining of the success in the destruction of a particular part of that money.

    Show me where I said anything resembling that.

    The total amount of money in Zimbabwe changed a whole lot in terms of amount, but not in value.....unsurprising to see that this seems to escape you.

    You need to hold up your end.....no more from me in this thread unless you unleash the lol-cats


    Last edited by spaceman; 05-02-2014, 09:14 PM.


    • #17
      Originally posted by spaceman View Post
      no more from me in this thread unless you unleash the lol-cats


      Alas young spaceman, you have no chips to bargain with.

      I’ve reached the conclusion that your bank of mental insights is void of the gold nuggets of thought that I so highly prize.

      Upon closer examination, I find your posts to be mere scribbles on paper. Lolcat banknotes from the Spaceman bank, pretty paper sure, with pictures of cute animals and pop culture references, but unfortunately having little value - to me at least.

      With you dealing in the fluffy currency of lolcats and myself dealing in the bullion of ideas, it seems that the bonny land of McDuck and the planetoid of the Spaceman have no means to trade.

      Thank you for your time. I hope that eventually you will be able to shuffle the disconnected disparate reflections (of other peoples ideas), that float around in your neural soup, into a strategic whole.

      As a kindness I should point you to a local preschool, where I hear a lolcat can be traded for a pretty decent half eaten tub of yoghurt or a slightly chewed cheese sandwich.