IMF considering loonie as reserve currency

petros

The Central Scrutinizer
Nov 21, 2008
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Stock markets are based on speculation: the wet dream of those addicted to living in a fantasy world.
Noooo commodity market is speculative based on supply and demand when it comes to what backs money.

If the Chicago market fell the same way the NY markets did, we'd all be starving or dead.
 

Cliffy

Standing Member
Nov 19, 2008
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Noooo commodity market is speculative based on supply and demand when it comes to what backs money.

If the Chicago market fell the same way the NY markets did, we'd all be starving or dead.
Not me. I know how to feed myself in the real world.
 

Cliffy

Standing Member
Nov 19, 2008
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Even when in competition with everyone around you?
Very few people know how to survive in the bush, know their edible and medicinal plants or which will kill them. This area is a veritable smorgasbord of unharvested food. People will starve out of ignorance but not before they kill each other trying to stave off the inevitable.
 

L Gilbert

Winterized
Nov 30, 2006
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the-brights.net
Very few people know how to survive in the bush, know their edible and medicinal plants or which will kill them. This area is a veritable smorgasbord of unharvested food. People will starve out of ignorance but not before they kill each other trying to stave off the inevitable.
Most people would starve if they had to grow and hunt for their own food.
 

petros

The Central Scrutinizer
Nov 21, 2008
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Nope. Market speculation is speculative. It is what people THINK things will be. It's a gamble. Again, nope. You can't do as much with hot air as you can with Au or U.
If the supply isn't there and you speculate low or the supply is there but the money isn't from speculating too high? Supply and demand have to balance. They just don't wing it.

Very few people know how to survive in the bush, know their edible and medicinal plants or which will kill them. This area is a veritable smorgasbord of unharvested food. People will starve out of ignorance but not before they kill each other trying to stave off the inevitable.
There are people who hunt and gather and there are those who hunt and gather those who hunt and gather.
 

Cliffy

Standing Member
Nov 19, 2008
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Most people would starve if they had to grow and hunt for their own food.
That is why I would never live in a city. A few years ago we had a three day blackout. The grocery store was empty within 24 hours as people panic bought everything in it. If the blackout lasted two weeks, Nakusp would have been a ghost town.
 

L Gilbert

Winterized
Nov 30, 2006
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50 acres in Kootenays BC
the-brights.net
If the supply isn't there and you speculate low or the supply is there but the money isn't from speculating too high? Supply and demand have to balance. They just don't wing it.
It's still just guessing, educated or not. Things used to be valued according to how useful they were as tools, food, etc. not how much they could be worth to sell or buy.


There are people who hunt and gather and there are those who hunt and gather those who hunt and gather.
I agree. So?
 

Cliffy

Standing Member
Nov 19, 2008
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There are people who hunt and gather and there are those who hunt and gather those who hunt and gather.
Most people wouldn't know how to find the hunters and gatherers. They would hunt the easy pickins first; other town and city dwellers.
 

petros

The Central Scrutinizer
Nov 21, 2008
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Most people wouldn't know how to find the hunters and gatherers. They would hunt the easy pickins first; other town and city dwellers.
City or town they all migate to the countryside to the lakes, valleys and forests. You yourself use the term "sheeple" all it takes is one to know where to go and rest follow.
 

Cliffy

Standing Member
Nov 19, 2008
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Nakusp, BC
City or town they all migate to the countryside to the lakes, valleys and forests. You yourself use the term "sheeple" all it takes is one to know where to go and rest follow.
Ah! The sheeple will gather at specific places. Makes it easy picking for those who know how to hunt. I've been keeping track of the vegetarians in this area. Not too fond of third hand protein.