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Fri 17 May, 2013 10:13 am
Mr.A: Is United States a paradise for young people, a battlefield for the middle-aged and a hell for the aged?
Mr.B: well, i'd say it's paradise for young people simply b/c they do not know better. life is good when innocent and/or ignorant, right?
this country is a mess, but it's covered up with a facade of propaganda, media backing and insane, incomprehensible amounts of debt. The only reason this country enjoys its current way of life and has no imploded is through continual, perpetual money creation. There's a reason that Obama has allowed the Fed to create over $8T in new debt since 2008. it's the only way to maintain the country.
@oristarA,
Well Ori thanks for that one, it's not everyday……
The process is evidently very complex and I don't comprehend it at all
http://en.wikipedia.org/wiki/Money_creation
Quote:Does "money creation" mean "printing money (based on subjective motive)"?
Partially. "Money creation" here means "printing money," but whether or not it is based on a subjective motive is irrelevant to its meaning.
@InfraBlue,
Well, yes and no Blue, it's an alternative
http://www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=money+creation
I suppose in the pop collo however, the expr does suggest the continual printing of money without backing
@InfraBlue,
Rare sort of admission indeed, Blue, you've made my day
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