[PLUG-TALK] What is money? (was Fair Use, etc.)

J.A. Henshaw jeff at jhenshaw.com
Sat Mar 30 00:01:03 UTC 2002


Russell Senior wrote:

>>>>>>"J" == J A Henshaw <jeff at jhenshaw.com> writes:
>>>>>>
> 
> J> Yes, I read it backwards. My mistake.
> 
> Russell> Look Jeff, if you think you are getting screwed because the
> Russell> dollar isn't based on gold, you are perfectly free to change
> Russell> all your dollars into gold and be happy.  Please do that,
> Russell> okay?
> 
> J> Okay.  Tell me where.
> 
> Gold prices are printed in the newspaper.  I assume there are brokers
> who deal it it.  According to <http://www.ipmi.org/> it Au is
> currently selling for $301.40/oz.  Make a few phone calls and you'll
> be set.  Please "go for it" and be happy.


And these are dollars?  No,  they aren't.

But that is of no importance at all,  according to YOU.

Ignorance is bliss,  I am told.


> 
> J> And by the same token; if you are happy being screwed, and having
> J> the value of your home change at the stroke of a pen, and cannot
> J> understand it or defend it, and summarize your objections thusly,
> J> rather than answering the questions put to you, please don't call
> J> ME confused.
> 
> Whether or not I am being "screwed" is not your affair.  I happened to
> think the risk was acceptable when I signed the terms of the mortgage.
> History has shown that the "real" value of my home was likely to
> appreciate, and indeed, judging by sales of other homes in my
> neighborhood, it has done so handsomely (and this was _after_ the big
> runup in house prices).  As for the tersity of my reply, I personally
> choose not to devote my life to debunking the delusions of kooks.  I
> have people who do that for me.  So sue me.
> 
> 


Neither your lack of appreciation for the difference between 
money and credit,  or happiness with it's subsitute, nor 
your majority position of ignorance;  are any reason to call 
someone better informed than yourself a "kook".

Whether I want to be happy being screwed like you,  is not 
YOUR affair either.


At least in a republic.

It is a sad state of affairs when otherwise intelligent 
people call the people who do not follow the shepherd a 
"kook" rather than take 5 mins and see for themselves.

There are plenty of Ph.D.'s out there who can tell you 
you're sorely mistaken.

Is anyone who disagrees with you a kook,  or is it anyone 
brave enough to speak the truth in a time when political 
incorrectness is a deadly sin?

-- 





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