The Grand Tale of Two, Totally Opposite Economic Systems

[murray t turtle]

OP, I think you make some valid points...
I would counter that this is not necessarily due to fiat, but more a result of (a) an American love obsession with real-estate, which has been largely fueled by (b) the last 40 year history of interest rates (non-stop decline) in the USA and (c) the over-abundance of available credit due to the US government's involvement in the 30 year.......
One huge mistake the US government made 25 years ago was not appreciating the disruptive nature of the internet, and changing business laws accordingly to ensure more robust competition and not just winner take all scenarios.

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1] Good points;
but RE uptrend is largely fueled by people not wanting to pay rent;
+ have a bunch of paper rent reciepts @40 years/LOL
[2] WE DO have copper + copper clad +silver money;
hard to find any gold in circ.....LOL
[3] Careful what you wish for, states are passing laws against big tech\ allowing lawsuits for telling the truth about vaccine snake oil ..............................
[4]I would rather have Federal Reserve bucks, copper,silver;
buckskins, ;and REALTY was traded for buckskins[aka=bucks] /years ago...................
5] Can get paper stocks certs, but they overcharge for that; + WHO besides a broker would buy them back in SEPT??
[7.77]Like the Fed Reserve noted [RE...] high prices look transitory

 

[DT-waw]

Murray, 17 years later i see your schizophrenia still was not cured? Sorry, but personally i have extremely strong aversion to folks like you. The whole world is sinking fast in collective mental illness, thats another issue.

 

[piezoe]

Ive lost my motivation to write more in this thread after realizing that one of the members here is mentally ill - the one who wrote the most He should get 5X vaxxxkillated immediately ! Oh and also go to a border and vaxxcinate AAAAAAALL the immigrants! Quickly! Rush rush rush

Why is somebody wasting time to talk about economics when hundreds of thousands cross USA borders without a mask or vax which will mean huge genocide? Jeeesus.

I too lost my motivation to respond to your entire list of "demands." When I read your Post which initiated this thread, my thought , which I, until now, have refrained from mentioning, was of Quantum Physicist Wolfgang Ernst Pauli's response to something he found so wrong as to be virtually incapable of discussion. Pauli famously said : "Das ist nicht nur nicht Richtig; es ist nicht einmal falsch" This is sometimes idiomatically translated, "That's so wrong, it's not even wrong." My own preferred translation, however, would be: "That is not only not correct; it's preposterous!"