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Topic: Will bills and coins always exist?
no photo
Fri 03/06/09 06:39 AM
Edited by smiless on Fri 03/06/09 06:42 AM
Will dollars or coins always exist or will the governments decide one day to not create money anymore?

Will everyone pay with cards as the only alternative?

Do you think this will happen in the future or would it be impossible?

Explain your reasons please.




BrandonJItaliano's photo
Fri 03/06/09 06:46 AM
Nope, its a system that is in its twilight. The Barter system with reign in the near future when people take back control of there own lives

CleanBathroom's photo
Fri 03/06/09 06:55 AM
The government should buy controlling interest in Coin Star and then set a date for coins to no longer be accepted for legal tender.

Then give the money to GM so they can operate through the weekend.

no photo
Fri 03/06/09 06:55 AM

Nope, its a system that is in its twilight. The Barter system with reign in the near future when people take back control of there own lives FROM WALL STREET................

no photo
Fri 03/06/09 06:55 AM

The government should buy controlling interest in Coin Star and then set a date for coins to no longer be accepted for legal tender.

Then give the money to GM so they can operate through the weekend.
RIGHT ON..............

no photo
Fri 03/06/09 06:58 AM
Nah theyll push implant chips someday

no photo
Fri 03/06/09 07:01 AM
Edited by smiless on Fri 03/06/09 07:01 AM
Had a lady ask 5 x how much in change for the food she bought. She took literally 5 minutes if not longer trying to find the pennies and nickels to pay her bill in exact number.

When I came up I paid and the lady counted my money 3 x to make sure she had it right and asked how would I like my change?

Utterly confused, I just said the usual waylaugh

Then the bagger took about a half a hour to bag 4 items.

I guess it wouldn't have been so bad if I wasn't hungry at the timelaugh

no photo
Fri 03/06/09 07:59 AM

Nah theyll push implant chips someday SO YOU CAN BUY MCNUGGETS.....

nogames39's photo
Fri 03/06/09 06:25 PM
Government does not create money.

It is impossible to create money. We can only dug the existing money out of the ground.

If it is possible to create "money", then it is not money anymore, as then you or the government will just create it, and not work for it.

Government lies, by saying they create money, specifically to make you and I think, that what they create is money.

Government creates claim on already existing wealth. This is absolutely the same as what you can do yourself by writing a check on an empty account, or by counterfeiting debt and asset certificates, like checks, or titles.

Government makes counterfeiting illegal for you and I, but legal for themselves.

This counterfeiting is expressly prohibited by the constitution.



It is one of the most important things you can possibly learn in your lifetime, the subject of what is money.

think2deep's photo
Fri 03/06/09 07:28 PM
your right no games. the dollar is about to get thrown out with the washwater and replaced completely with digital 1s and 0s. these ones and zeros will be eminating from a fancy little piece of glass about the size of a grain of rice with all of your information on it.


this is for all of you finance savvy people out there:

we all agree that inflating the money supply devalues the dollar, no arguments there. if you were going to change over to a system that didn't include the paper dollar anymore how would you do it? you couldn't just tell everyone to give their money back and start from scratch, there would be way too many dissenters, the only way you can do it is to devalue the dollar (and tell the people that it was due to natural market fluxuations) to the point that the dollar is now worth nothing. present the new currency system which will be much easier and you won't need to stand in long check out lines any more because everything would be scanned as you were leaving the store and charged to your account when it scanned the chip that was placed where ever they decide would be more acceptable to people.

and the benefits would also be that your doctor can pull up all your records jolly on the spot. plus many many more great and timesaving benefits.

Atlantis75's photo
Fri 03/06/09 07:38 PM

Nope, its a system that is in its twilight. The Barter system with reign in the near future when people take back control of there own lives


drinker

awolf1010's photo
Fri 03/06/09 07:43 PM
hell we'll be trading clam shells and cow hooves before long!!!!


I dont know if ya seen it ,but the economy is kinda in the sh*tter

think2deep's photo
Fri 03/06/09 07:46 PM
you guys wanna get a glimpse of the future currency system?
watch this 30 second commercial. absolute must see!!!!


http://www.youtube.com/watch?v=9WV3_jYB5HU

think2deep's photo
Fri 03/06/09 07:52 PM
just bumping it up i want to hear your replies on this one. it will be very interesting.

nogames39's photo
Fri 03/06/09 08:02 PM

Nope, its a system that is in its twilight. The Barter system with reign in the near future when people take back control of there own lives


I'd respectfully disagree.

Barter system is immeasurably inferior even to a system of fiat currency (current one). Going back to barter would be equal of going back to the stone age.

This is the line (my line above) that the proponents of fiat currency and central bank often say, except they use it in regards to the gold standard, which is the best system ever invented. It gives people exactly what they worked for, and thus, it is being labeled as bad.

If you hold a hope of retiring well, like I said in a post above, you own it to yourself to learn this matter well. If you don't, and you are not in cahoots with the establishment, then you will stay poor and vote democratic or republican.

Do yourself a favor.

think2deep's photo
Fri 03/06/09 08:03 PM
nogames, check out that 30 second video i posted up there.

nogames39's photo
Fri 03/06/09 08:04 PM
Edited by nogames39 on Fri 03/06/09 08:05 PM

nogames, check out that 30 second video i posted up there.


I will, later. I have probably seen it. But, I hope for a new candy.

think2deep's photo
Fri 03/06/09 08:10 PM
i don't want to explain it because it will take the shock factor out of it, but it pertains to this post big time. it only takes 30 seconds to watch.

think2deep's photo
Fri 03/06/09 08:11 PM
i can't wait to hear what your thoughts on it are.

lulu24's photo
Fri 03/06/09 08:11 PM
very interesting and entirely plausible.

however, i withhold my thoughts.

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