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| Author |
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| 25 new of 536 responses total. |
dah
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response 120 of 536:
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Oct 2 02:52 UTC 2003 |
fine so I laughed.
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asddsa
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response 121 of 536:
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Oct 2 02:53 UTC 2003 |
OH, SO YOU DO COME DIRECTLY FROM WORK SOMETIMES AND NOT JUST MONKEYHOST
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asddsa
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response 122 of 536:
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Oct 2 02:53 UTC 2003 |
slip
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jp2
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response 123 of 536:
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Oct 2 02:56 UTC 2003 |
This response has been erased.
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dah
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response 124 of 536:
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Oct 2 02:58 UTC 2003 |
;)
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jp2
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response 125 of 536:
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Oct 2 03:05 UTC 2003 |
This response has been erased.
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other
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response 126 of 536:
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Oct 2 04:36 UTC 2003 |
Damn! Jamie, you must be the smartest guy the Fed has ever had as a
janitor!
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happyboy
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response 127 of 536:
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Oct 2 04:58 UTC 2003 |
*ahem* you mean "gay coffee boy", i think.
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tsty
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response 128 of 536:
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Oct 2 07:54 UTC 2003 |
_The FED_, by martin mayer (c) 2001 - "the insie story of how the
world;s most power financial institution drives the markets."
eye-popp0mg, chin-dropping amazing read!
isbn 0-684-84740-X (in case youa re intersted)
the fed is a creature of congress - teh federal reserve act of 1913.
as for clark, he is wayyyy too brittle for politics; and as teh
valedictorian of his west point class, far to used to being a damn
general rather than a politician.
besides, he is on record as seeing the supreme court's role as 'implementing
his agenda' for the country .. BZZZT!! wrong! thankxx for playing, next?
dean may con enough poeple to get nominated, but i hope not, dubb-ya needs
some competent competition.
teh wmd 'problem' also bothers me, jep, and i havne't quite resolved
it to my own satisfaction yet. at least, as thigs stand now.
on one hand, teh *greatest* wmd was the saddam regime itself - now gone, phew!
and quoting, "Those who argue that deposing Saddam was wrong are the
equivalent of apologists for Hitler. One has increasing difficulty
telling the difference between Gov. Dean and Prime Minister Chamberlain,
between Gen. Clark and his role model, Marshal Petain," Ralph Peters,
author of "Beyond Baghdad: Postmodern War and Peace."
remember, please, hitler never attacked us either - and fdr went for
him first.
gassing jews and gassing kurds and iranians are too similar to let the
parallel go un-noticed.
of coures, clark was leading teh salvation of bosnia, et al., so he at
least has cred for unprovoked intervention. but wait, oh, that was
clinton as prez so it's alright.
(and to repeat my conversion, clinton was *right* to goto bosnia.)
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jp2
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response 129 of 536:
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Oct 2 10:16 UTC 2003 |
This response has been erased.
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slynne
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response 130 of 536:
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Oct 2 13:32 UTC 2003 |
It's shocking that someone can work for the Fed and still be so
clueless. SHOCKING! You should tell them that even the coffee boys
should have a chance to know how things work. ;)
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jp2
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response 131 of 536:
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Oct 2 14:14 UTC 2003 |
This response has been erased.
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slynne
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response 132 of 536:
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Oct 2 18:19 UTC 2003 |
HAHAHA. I was going to ask you the same question. I cant believe that
you can actually work for the Fed and yet be so clueless.
I have not talking about any theory of economics (other than agreeing
with rcurl about some things). I can if you would like but all I was
talking about was the money supply in the United States and how the Fed
manipulates it. I was thinking of M2 but what I have said applies just
as well to M1 and M3. You are the one making all kinds of false claims.
Go talk to some of your co-workers about how the OMC works. Dont make
me look up the treasury stats that show that the the US treasury prints
more currency now then they did 50 years ago.
I have to call bullshit that 1/3 of the US currency is forged. By all
means, provide a cite for that and I will admit I am wrong about that.
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tod
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response 133 of 536:
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Oct 2 18:31 UTC 2003 |
This response has been erased.
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drew
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response 134 of 536:
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Oct 2 20:43 UTC 2003 |
Re #131:
We *do* have inflation, and precious little growth at the moment. Prices
overall still go up on quite a few things. The proof is as close as your
nearest supermarket, gas station, and real estate broker.
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slynne
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response 135 of 536:
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Oct 2 21:27 UTC 2003 |
resp:133 - darn it that I didnt say good cite or well respected source.
Oh well. ;) Ok, I am wrong about the 1/3 currency thing.
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asddsa
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response 136 of 536:
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Oct 2 23:24 UTC 2003 |
slynne is in a wheelchair?
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jp2
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response 137 of 536:
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Oct 3 00:51 UTC 2003 |
This response has been erased.
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tsty
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response 138 of 536:
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Oct 3 05:18 UTC 2003 |
until recently it was the inflation of goods ans services that occurred
when teh money supply outpaced teh growth of gdp. now (!!) there is
an inflation of asset values sted goods and services.
more correctly put, wehn the fed injected massive quantities of dollars
into the banking system (that *is* wehre it goes, btw) teh economy
ddi strt to turn around, slowly. why slowly withsuch an infusion?
welllll, it seems that 'all that extra cash bought securities
instead of goods ans services. [so,] instead of *consumer price*
inflation (emp added) teh united states got an *asset price* inflation" more
commonly called a stock market boom.
'thre reamins a mystery to haunt the dreams fo central bankers,
because nobody know why monetary stimulus becomes *consumer price*
inflation in one country and *asset price* inflatoin in another.'
of course the trasury has been printing more and more little green pieces
of paper (now to be peach or some other vomit-color [another argument])
but that has *nothing* to do with monetary policy except to *reflect*
teh hand-to-hand liquidity we need.
and also, please recognize, that federal reserve notes are a
CLAIM ON A BANK, not a claim on the government. teh gummint is insulated!
silver certificates (with the blue seal) are a claim on the government.
and to mask some of teh illiquidity that exists every night, even teh
federal reserve notes are un-traceable now! bills used to have teh
bank-of-issue on teh obverse side, to the left of the portrait.
teh singles in-hadn now still do (series 2001) fed reserve of philidepphia
adn fed reserve of san francisco (to identify two)
however teh 5s and 10s ans 20s now *simply state* 'united states
federal reserve SYSTEM' so you don't know where teh hell teh damn thing
came from (also series 2001)!
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mdw
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response 139 of 536:
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Oct 3 07:16 UTC 2003 |
Actually, federal reserve notes aren't a claim on a bank, they're merely
"legal tender", which is a very different animal. Silver certificates
aren't a claim on the bank today either, 'cause the feds won't honor
that claim today. They are, however, worth something considerable to a
coin collector so if you find one by all means enjoy the windfall.
Since all federal notes have a serial number they certainly aren't
untraceable. In fact, if you'd like to trace the cash you spend, you
can register it at
http://www.wheresgeorge.com/
and find out.
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jp2
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response 140 of 536:
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Oct 3 10:13 UTC 2003 |
This response has been erased.
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tsty
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response 141 of 536:
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Oct 3 10:50 UTC 2003 |
the 1s have teh fed bank adn letter - the 5s, 10s, etc no longer do.
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jp2
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response 142 of 536:
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Oct 3 12:49 UTC 2003 |
This response has been erased.
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rcurl
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response 143 of 536:
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Oct 3 20:52 UTC 2003 |
Re #108: klg is again "out of touch". Transmission of information at
greater than the speed of light has been demonstrated in the laboratory
(well- as far as several kilometers). This is the phenomenon known as
"nonlocality" in quantum physics. It was originally a prediction of
quantum physics that Einstein called "spooky action at a distance", but it
has since been verified as a fact. Since the speed-of-light barrier has
been cracked for information, I would refuse to make a categorical claim
that it can't be for materials.
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drew
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response 144 of 536:
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Oct 3 21:55 UTC 2003 |
Re #137:
What I want is to know that a given quantity of dollars will always buy
at least the same quantity of food, gasoline, housing, or anything else I
might want any number of years from now as it does today. What I *really want
is for the price of everything else in the economy to do what the price of
computers and other electronics has been doing over the past couple of
decades, and to the same degree.
And it would be nice if interest rates were significantly greater than
inflation.
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