Its over for you America.

Zachstar · 07-17-09, 03:40 PM

To get away from the conservative circle jerk I believe that if we start pouring serious amounts of money into things that the free market can make use of which being fusion energy, battery technology, and more aerospace.

If you want to say "Game over man! Game over!" Feel free to spend the last days before the obama police supposedly arrest you reading Ayn Rand and get off the damn net.

I on the other hand am disappointed but I know that it is entirely possible to get out of this mess by technology!

GoldenRivet · 07-17-09, 04:50 PM

Quote:

Originally Posted by Zachstar

To get away from the conservative circle jerk I believe that if we start pouring serious amounts of money into things that the free market can make use of which being fusion energy, battery technology, and more aerospace.

If you want to say "Game over man! Game over!" Feel free to spend the last days before the obama police supposedly arrest you reading Ayn Rand and get off the damn net.

I on the other hand am disappointed but I know that it is entirely possible to get out of this mess by technology!

im not saying its the end of the world dude...

im not digging a bunker in the back yard.

im just saying, in what way can the Dollar recover from such a useless injection of cash and a mass printing of cash as has been the case for some time now?

like i said.

i see only one legitimate way the dollar can recover value... stop printing it for a few years.

Zachstar · 07-19-09, 01:25 AM

In what way? The same way it always has. Having the ability to get more raw material per unit of currency spent.

Look at the computer industry. Look at the huge jump in sales when you could get a Pentium 1 that could do the same stuff that expensive computer did but without breaking the bank account. It grew dispite insane spending then. And grew again when you could get a cheap core to power your phone or protable gaming system or whatever.

Today its dollars per core it used to be Benjamins per batch of megahertz.

Technology increased the value of the dollar without there being a physical shortage of currency.

First and foremost you need to get any ideas of "stop printing" out of your heads. It is politically IMPOSSIBLE. You even try to slow it and you will have massive protests of people screaming "What about my child!" "What about my whatever" And be voted out by a landslide next election. It cant be done by a dem or a pub or a green or a libertarian or a "fiscal conservative" Period...

With that in mind the best option by far is technology development. Battery and Fusion will have the highest initial payoff but there is still boatloads of other stuff that could use funding now. And they arent sinks either. These are university projects and the like that take that money and convert it into a tech that private industry uses.

mookiemookie · 07-19-09, 07:46 AM

Without going into a long economic explanation, that chart by itself is misleading. You have to compare it against the dollars destroyed by writedowns on bad assets, deleveraging of companies and the like.

07-17-09, 03:40 PM	#1
Zachstar Sea Lord Join Date: Feb 2005 Location: Shreveport, Louisiana Posts: 1,956 Downloads: 13 Uploads: 0	To get away from the conservative circle jerk I believe that if we start pouring serious amounts of money into things that the free market can make use of which being fusion energy, battery technology, and more aerospace. If you want to say "Game over man! Game over!" Feel free to spend the last days before the obama police supposedly arrest you reading Ayn Rand and get off the damn net. I on the other hand am disappointed but I know that it is entirely possible to get out of this mess by technology! __________________

07-19-09, 01:25 AM	#3
Zachstar Sea Lord Join Date: Feb 2005 Location: Shreveport, Louisiana Posts: 1,956 Downloads: 13 Uploads: 0	In what way? The same way it always has. Having the ability to get more raw material per unit of currency spent. Look at the computer industry. Look at the huge jump in sales when you could get a Pentium 1 that could do the same stuff that expensive computer did but without breaking the bank account. It grew dispite insane spending then. And grew again when you could get a cheap core to power your phone or protable gaming system or whatever. Today its dollars per core it used to be Benjamins per batch of megahertz. Technology increased the value of the dollar without there being a physical shortage of currency. First and foremost you need to get any ideas of "stop printing" out of your heads. It is politically IMPOSSIBLE. You even try to slow it and you will have massive protests of people screaming "What about my child!" "What about my whatever" And be voted out by a landslide next election. It cant be done by a dem or a pub or a green or a libertarian or a "fiscal conservative" Period... With that in mind the best option by far is technology development. Battery and Fusion will have the highest initial payoff but there is still boatloads of other stuff that could use funding now. And they arent sinks either. These are university projects and the like that take that money and convert it into a tech that private industry uses. __________________

07-19-09, 07:46 AM	#4
mookiemookie Navy Seal Join Date: Nov 2005 Location: Houston, TX Posts: 9,404 Downloads: 105 Uploads: 1	Without going into a long economic explanation, that chart by itself is misleading. You have to compare it against the dollars destroyed by writedowns on bad assets, deleveraging of companies and the like. __________________ They don’t think it be like it is, but it do. Want more U-boat Kaleun portraits for your SH3 Commander Profiles? Download the SH3 Commander Portrait Pack here.