Today's Birthdays
There are no members with birthdays on this day.
Current Topics
Winning
by jgw - 11/30/21 06:43 PM
Boundaries for Facebook
by jgw - 11/30/21 06:26 PM
Denialism
by TatumAH - 11/30/21 06:21 PM
Coronavirus: The Plague of The 21st Century?
by TatumAH - 11/30/21 05:02 PM
What's for dinner?
by TatumAH - 11/30/21 04:05 PM
I’ll Buy That
by TatumAH - 11/30/21 03:48 PM
A Musical Quiz
by logtroll - 11/30/21 12:52 AM
RoundTable For Fall 2021
by pondering_it_all - 11/29/21 08:38 PM
Pacific Northwest Weather
by pdx rick - 11/28/21 08:59 PM
A Fungus Amungus
by logtroll - 11/28/21 01:25 PM
Republicans promise brutal revenge in 2022
by pdx rick - 11/27/21 08:45 PM
masks and vaccinations
by logtroll - 11/27/21 01:36 PM
Vigilantism - why isn’t it illegal?
by logtroll - 11/25/21 11:46 PM
"Mom, I think it's a boy."
by TatumAH - 11/25/21 04:37 AM
Gerrymandering
by perotista - 11/23/21 10:17 PM
You don't know beans! vs Killer Beans
by TatumAH - 11/23/21 08:37 PM
Moderna trying to ignore 1.5 billion dollar investment
by Jeffery J. Haas - 11/23/21 03:03 AM
Popular Topics(Views)
9,681,320 my own book page
4,779,416 We shall overcome
3,865,625 Campaign 2016
3,527,017 Trump's Trumpet
2,790,811 3 word story game
Previous Thread
Next Thread
Print Thread
Rate Thread
Page 4 of 5 1 2 3 4 5
Joined: Apr 2010
Posts: 11,619
Likes: 55
L
veteran
OP Offline
veteran
L
Joined: Apr 2010
Posts: 11,619
Likes: 55
I think the real problem is bad management.


You never change things by fighting the existing reality.
To change something, build a new model that makes the old model obsolete.
R. Buckminster Fuller
Joined: May 2006
Posts: 4,373
Likes: 12
J
jgw Online Content
old hand
Online Content
old hand
J
Joined: May 2006
Posts: 4,373
Likes: 12
Again - I believe that Maduro is incompetent (I think he was a bus driver or something). I also think he is a tool of the military which is completely corrupt. "Bad Management" is a serious understatement!

Joined: Apr 2010
Posts: 11,619
Likes: 55
L
veteran
OP Offline
veteran
L
Joined: Apr 2010
Posts: 11,619
Likes: 55
Why would money be a part of a Socialist economy?


You never change things by fighting the existing reality.
To change something, build a new model that makes the old model obsolete.
R. Buckminster Fuller
Joined: Nov 2006
Posts: 18,550
Likes: 45
Carpal Tunnel
Offline
Carpal Tunnel
Joined: Nov 2006
Posts: 18,550
Likes: 45
?

Why wouldn't it?


Good coffee, good weed, and time on my hands...
Joined: Apr 2010
Posts: 11,619
Likes: 55
L
veteran
OP Offline
veteran
L
Joined: Apr 2010
Posts: 11,619
Likes: 55
It's pretty lame Socialism to need Capital to operate. A proper Socialist State would give everybody what they need and take whatever it needs to keep the trains running, etc. What would money be used for? (Unless it wasn't really Socialism...)

Last edited by logtroll; 06/14/21 12:12 AM.

You never change things by fighting the existing reality.
To change something, build a new model that makes the old model obsolete.
R. Buckminster Fuller
Joined: Nov 2006
Posts: 18,550
Likes: 45
Carpal Tunnel
Offline
Carpal Tunnel
Joined: Nov 2006
Posts: 18,550
Likes: 45
Socialism doesn't need "capital", but it needs money. Commerce must go on!

A socialist system could easily be cashless, but cash is handy to have around. I think we're kind of rapidly evolving away from it though.

Just like we're evolving away from Capitalism


Good coffee, good weed, and time on my hands...
Joined: Feb 2006
Posts: 11,482
Likes: 71
veteran
Offline
veteran
Joined: Feb 2006
Posts: 11,482
Likes: 71
Cash is just a very handy way of keeping track of everybody's contributions. You could do without it by keeping track with a huge database, Those are essentially what we already have with automatic deposits and credit card bills. Not keeping track of it somehow, is a recipe for disaster. Human beings are not perfect, honest, angels!

Each giving to their ability, and taking according to their needs, doomed Communism right from the start. Nobody is that altruistic, even if they think they are.


We're flying electric helicopters on Mars yet you can't turn on your clothes dryer in Texas. That's because scientists are in charge of Mars, and Republicans are in charge of Texas.
Joined: Apr 2010
Posts: 11,619
Likes: 55
L
veteran
OP Offline
veteran
L
Joined: Apr 2010
Posts: 11,619
Likes: 55
The really interesting thing here is that debt is a more prevalent currency than money is, by an order of magnitude!

I wonder what the consequences of debt hyperinflation are? Or would that be hyperdeflation?


You never change things by fighting the existing reality.
To change something, build a new model that makes the old model obsolete.
R. Buckminster Fuller
Joined: Nov 2006
Posts: 18,550
Likes: 45
Carpal Tunnel
Offline
Carpal Tunnel
Joined: Nov 2006
Posts: 18,550
Likes: 45
Quote
debt is a more prevalent currency than money

No sir, credit is a more prevalent currency than money. One is not the same as the other.

There is extension...and then there is overextension.


Good coffee, good weed, and time on my hands...
Joined: Apr 2010
Posts: 11,619
Likes: 55
L
veteran
OP Offline
veteran
L
Joined: Apr 2010
Posts: 11,619
Likes: 55
Originally Posted by Greger
Quote
debt is a more prevalent currency than money

No sir, credit is a more prevalent currency than money. One is not the same as the other.

I'm drawing a blank on examples. All I can think of is people with mortgages who have very little savings in the bank.

There is also the weird thing that banks can loan something like thirty times more money than they have in deposits.

But please forgive me, I have had two vodka tonics and just finished with a deposition training session, so my brane is in some degree of flux (or flucks?).


You never change things by fighting the existing reality.
To change something, build a new model that makes the old model obsolete.
R. Buckminster Fuller
Page 4 of 5 1 2 3 4 5

Link Copied to Clipboard
Who's Online Now
1 members (1 invisible), 42 guests, and 1 robot.
Key: Admin, Global Mod, Mod
Newest Members
SuZQ2, KevFilthyANML, Risky, Gladys G. Jackson, Beach Baby
6,297 Registered Users
Forum Statistics
Forums61
Topics17,252
Posts312,902
Members6,297
Most Online294
Dec 6th, 2017
Powered by UBB.threads™ PHP Forum Software 7.7.5
(Release build 20201027)
Responsive Width:

PHP: 7.4.26 Page Time: 0.015s Queries: 36 (0.004s) Memory: 3.0288 MB (Peak: 3.2530 MB) Data Comp: Zlib Server Time: 2021-11-30 18:53:15 UTC
Valid HTML 5 and Valid CSS