[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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