Do Option Sellers Have a Trading Edge?

xelite777 · May 17, 2014

Martinghoul said:
Full reserve banking is incompatible with free mkt capitalism.

Oh please, free markets existed long before banks were even created

Martinghoul · May 17, 2014

xelite777 said:
Oh please, free markets existed long before banks where even created

Really? Before 2000BC or thereabouts?

TskTsk · May 17, 2014

xelite777 said:
Oh please, free markets existed long before banks where even created

Yeah, the mixed-market gift economies of absolutely all successful ancient civilizations are great examples of just that. Especially the huge governments and welfare states of the Mongol empire, the Persian empire, the Roman empire and the Ottoman empire. True free market capitalism right there.

Next you'll probably throw the David Friedman argument that evolution, biology, chemistry and physics is also about free market competition.

xelite777 · May 17, 2014

Martinghoul said:
Really? Before 2000BC or thereabouts?

The banking industry (in the modern sense of the word) begun in Italy during the Renaissance.

You think that people in Moses' time for example carried ATM cards and Travelers checks to conduct business freely?

xelite777 · May 17, 2014

TskTsk said:
Especially the huge governments and welfare states of the Mongol empire, the Persian empire, the Roman empire and the Ottoman empire. True free market capitalism right there.

Welfare states you said?

At least half the world population currently lives on welfare. Huge improvement right there.

TskTsk · May 17, 2014

xelite777 said:
Welfare states you said?

At least half the world population currently lives on welfare. Huge improvement right there.

Pay attention. That wasn't the point at all.

I feel like I'm replying to some robot posting randomized comments from zerohedge or the WSJ op ed.

Butterball · May 17, 2014

xelite777 said:
REAL money has to be a store of value and maintain its purchasing power over a LONG period of time.

Nonsense. None of that is a prerequisite for 'real money'.

xelite777 · May 17, 2014

TskTsk said:
That wasn't the point at all.

That's precisely the problem, what IS your point exactly?

xelite777 · May 17, 2014

Butterball said:
Nonsense. None of that is a prerequisite for 'real money'.

That's exactly the idea the banksters and the politicians have been selling to the public for decades now.

paladinhgwt · May 17, 2014

Martinghoul said:
Cutting my hair? I am not really sure I understand your point here... What's the store of value in this context? Generally, speaking only for myself, I definitely expect to pay less for a haircut as time passes, since, sadly, there's less and less hair to be cut.

As to t-shirts, jeans and other clothes, you must be joking . I am sure as hell not going to pay the same price for a piece of clothing made 10 years ago as I do for something made today. And it's not just because it probably looks wacky. Fabrics and other materials age and deteriorate just like everything else (2nd law of thermodynamics is a b1tch, innit?). So forgive me, but I can't get excited over the idea of clothes as a store of value

As to inflating the medium of exchange, one man's "arbitrary" is another's "predictable".

Don't get your point about silver, sorry...

1 a service doesn't apply to 2ed law and shouldnt have to cost more in the future. You must be joking?

2. The dime thing: 3 dimes buys a gallon of gas in 1964 and in 2014 if it is a silver dime. You didn't understand that?