Is the world Present Valuing the future?

[nitro]

http://www.foxnews.com/science/2013...lasso-asteroid-explore-space/?intcmp=HPBucket

If in fact we can lasso astoroids, park them on the moon, then extract their wealth, then the stock market and the money supply in the world should go higher by ten times.

Also, going back to the gold standard would make sense again.

 

[nutmeg]

Quote from nitro:

Also, going back to the gold standard would make sense again.

Time for me to fess up and confirm my ignorance. What's the point of the gold standard? We've been off the gold standard since 1974 (?). My dad had an apple cart, I have 2 apple carts, What impact did gold have on my life?

 

[hoodooman]

You should have added one more option.

This is bullshit and a huge waste of money.

 

[oldtime]

Quote from nutmeg:

Time for me to fess up and confirm my ignorance. What's the point of the gold standard? We've been off the gold standard since 1974 (?). My dad had an apple cart, I have 2 apple carts, What impact did gold have on my life?

there's actually an idea out there that would require 30% of M1 to be backed by gold. It would still allow all the benefits of fiat money, but keep them just a little more honest.

last I checked that would put gold at $2500/oz

your son will need 4 apple carts just to live like your dad did with one

good time to be selling apple carts, they are buying more and more of them

 

[hoodooman]

oldtime:good time to be selling apple carts, they are buying more and more of them



Good point