RE: RON PAUL: SELL THE GOLD IN FORT KNOX... (Full Version)

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Musicmystery -> RE: RON PAUL: SELL THE GOLD IN FORT KNOX... (5/22/2011 8:35:08 AM)

Fixed.



Real0ne -> RE: RON PAUL: SELL THE GOLD IN FORT KNOX... (5/22/2011 8:38:14 AM)

nope

unaaceptable

tell ya will work,

something from the treasury, federal reserve, court cases etc, not your repeated opinion from above.



Musicmystery -> RE: RON PAUL: SELL THE GOLD IN FORT KNOX... (5/22/2011 8:40:33 AM)

It's the same definition everyone else uses. Look it up in any economics textbook.

The basic issue is that you think currency is behind everything dollar denominated. As I've already shown, that both isn't and can't be the case.

I have done that for you in the past. You blew it off, in fact, all textbooks/economists/Fed. Now you say you want them.

You just change the rules as you go along. Reality is--look it up, there it is. It's the piece you've been missing all along.

Sure, you can parse out M1, M2, etc., but it changes the above point not at all.




Real0ne -> RE: RON PAUL: SELL THE GOLD IN FORT KNOX... (5/22/2011 8:57:54 AM)

I have not seen 2 economics text books that agree yet.

you for whatever reason want to circumvent putting up YOUR definition, yet you want me to accept what you are pushing on the matter.

Just because I pick up some economics book does not mean I will be speaking to YOUR perception of the words you are using.

As I said it would take 3 seconds to list what is not money and you wasted many times that much time dancing around in circles.

Suffice to say you have no clue.



Musicmystery -> RE: RON PAUL: SELL THE GOLD IN FORT KNOX... (5/22/2011 9:01:58 AM)

quote:

I have not seen 2 economics text books that agree yet.

you for whatever reason want to circumvent putting up YOUR definition, yet you want me to accept what you are pushing on the matter.

Just because I pick up some economics book does not mean I will be speaking to YOUR perception of the words you are using.


Bullshit. Every economics text (and me) uses exactly the same definition.

Dance all day. But it's that simple.

AND--even if they didn't, the above point wouldn't change.



Real0ne -> RE: RON PAUL: SELL THE GOLD IN FORT KNOX... (5/22/2011 9:14:49 AM)

quote:

ORIGINAL: Musicmystery
AND--even if they didn't, the above point wouldn't change.


well you see that is precisely why I wont bother until you put up specifically what definition you are using.

I disagree.



Musicmystery -> RE: RON PAUL: SELL THE GOLD IN FORT KNOX... (5/22/2011 9:20:19 AM)

*chuckle*

Even though they don't. Interesting logic.




Real0ne -> RE: RON PAUL: SELL THE GOLD IN FORT KNOX... (5/22/2011 9:27:31 AM)

dont let me stop you from proving your point LOL

Im not holding my breath however.



Musicmystery -> RE: RON PAUL: SELL THE GOLD IN FORT KNOX... (5/22/2011 9:31:47 AM)



Tell you what. We'll use any definition of money from any credible economic source you choose, and I'll say the same thing again using those numbers.

We'll be back in the same place, with why your conception doesn't add up.

Note that you're unable to show why your concept adds up, which is why you're picking at the edges.

You've been confusing currency with money, and you confuse both with wealth and income (as a result). That's what leads to your misunderstandings about both printing "money" and gold-backed currency (which would also be fiat money).

When you find the definition you want to use (rather than shooting at them without evidence--your claim the texts disagree is unsupported nonsense), we'll proceed.






Real0ne -> RE: RON PAUL: SELL THE GOLD IN FORT KNOX... (5/22/2011 12:46:02 PM)

quote:

That's what leads to your misunderstandings about both printing "money" and gold-backed currency (which would also be fiat money).


well that is why I wanted to know your definition.

It appears you are simply "parroting" numbers without substantial knowledge of how it ties to what I said.

using your above example all instruments are money hence validates what I said.  Do you know what fiat means?




Musicmystery -> RE: RON PAUL: SELL THE GOLD IN FORT KNOX... (5/22/2011 1:53:40 PM)

quote:

using your above example all instruments are money hence validates what I said


EVERYTHING of economic value is denominated in dollars. Doesn't make it money.

This quote raises a further confusion on your part.

Dollar denominated assets are not themselves money necessarily. Again, a confusion with wealth.



Termyn8or -> RE: RON PAUL: SELL THE GOLD IN FORT KNOX... (5/22/2011 7:25:50 PM)

Please, no, not the word wealth.

T^T



Real0ne -> RE: RON PAUL: SELL THE GOLD IN FORT KNOX... (5/23/2011 4:23:18 PM)

quote:

ORIGINAL: Musicmystery

quote:

using your above example all instruments are money hence validates what I said


EVERYTHING of economic value is denominated in dollars. Doesn't make it money.

This quote raises a further confusion on your part.

Dollar denominated assets are not themselves money necessarily. Again, a confusion with wealth.



thats not true at all  you are talking purely commerce unless you are saying that the monopoly has accounted for "everythuing"

you are confused that is why I cannot get you to go to the merits and substance of the matter, next you will be telling me I do not understand doubloons.

You do not seem to know the foundations of some report you are reading.




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