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Showing 20 of 120 results by BBanzai
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Topic
Board Economics
Re: Does economic freedom make a country better?
by
BBanzai
on 09/08/2011, 04:44:38 UTC
Nonsense.  If you feel unfree, and the maps of your land say that you are more free than others...ignore the maps.  Forget that you feel constrained.  Go to war, and be free.  Please note that being at war does not require fighting.  Dying for a cause isn't even remotely like winning.  Be free of constraint while appearing to be otherwise.  It may sound silly, but it is the book of war that those that constrain you follow.  Read the book without becoming them.  You will probably fall off the cliff while trying.  Take that possibility as an advisor when you make decisions. 
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Topic
Board Economics
Re: Countries that followed the Austrian School to Prosperity
by
BBanzai
on 07/08/2011, 15:53:58 UTC
Incidentally, MY farmland and seeds belong to me exclusively. 
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Topic
Board Economics
Re: Countries that followed the Austrian School to Prosperity
by
BBanzai
on 07/08/2011, 15:51:35 UTC
Propaganda?  Are you implying that the Holodomor and Povolzhye famine were not directly caused by collectivisation?  Whose propaganda do you think I've been cozened by, exactly?
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Topic
Board Economics
Re: Unemployment Duration
by
BBanzai
on 07/08/2011, 09:33:01 UTC
The majority of American citizens that are unemployed are such for three reasons, roughly.  They have no idea how to live comfortably in the great outdoors by their own means as millions of people did on this continent for 20,000 years before Europe found the damn thing.  They have no idea what their employers value most and so are easily fired or layed-off.  They were never told that going into business for yourself and being your own employer is an act of will, a decision that has nothing to do with paying a lawyer to help you incorporate, paying the town to approve your building permits, paying the State and the Fed more than double what employees pay in withheld varieties of rape...none of those mean anything other than tactical details. Being a business owner is more a point of view than anything else, and that point of view has been forcibly stolen from us.
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Topic
Board Economics
Re: Unemployment Duration
by
BBanzai
on 07/08/2011, 09:22:14 UTC
Produce.  Make.  Invent.  Solve.  Service.  Trade your excess value for what you need with someone that needs your excess...  Modern "progressive" "conservative" "patriotic" or "liberal" ideas are so far removed from the original meaning of the words as to render them useless as words.  
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Topic
Board Bitcoin Discussion
Re: Mental Bitcoin Wallet: I have real bitcoins stored in my head.
by
BBanzai
on 07/08/2011, 07:43:29 UTC
Anyone that understands the principle involved here isn't likely to be the kind of person to have insecure interfaces.
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Topic
Board Economics
Re: Sorry it's not a chart of Bitcoin's price
by
BBanzai
on 07/08/2011, 07:35:19 UTC
Spending for things that we simply do not need, spending to foot the bills of murderous thieves, liars and paper-pushers, spending for vanity and shiny and sugary.  No, we could all use a bit of common sense.  You ain't got nothing if you spent your loot on nothing worth having.
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Topic
Board Bitcoin Discussion
Re: Mental Bitcoin Wallet: I have real bitcoins stored in my head.
by
BBanzai
on 07/08/2011, 07:17:43 UTC
That is bloody brilliant.  I mean, really, really, really.

Bloody brilliant!  Given a popular and accessible conversion utility and interface...well.  I have to go outside and breath slowly now.
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Topic
Board Beginners & Help
Re: Trust No One
by
BBanzai
on 07/08/2011, 07:14:03 UTC
Local trading does happen, and much like EBay's model for vendor reputation, it requires publically viewable comments on transactions...obviously, new vendors and new customers are both at a disadvantage.  But brave folks try new vendors with pocket change and see how it goes.
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Topic
Board Beginners & Help
Re: wud u buy windows 7??
by
BBanzai
on 07/08/2011, 07:07:10 UTC
Not until you learn how to spell "would".  And "you".
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Topic
Board Speculation
Re: Slow Crash
by
BBanzai
on 07/08/2011, 07:00:46 UTC
Slow crash of correct English, certainly.  Certain parts of the government are beating down the price of BC in order to corral people into precious metal derivatives.  Not precious metals, just paper "gold" versions of mortgage derivatives...its not the same game as the last round, but the similarities are enough to see the broad outlines.  Most people can not be bothered to learn from their own past mistakes.  Damn shame.
When things get too complicated to keep track of, retreat.  Let them shoot it out.  Get back to basics yourself.  Most people think that food, shelter, and someone to blame is getting back to basic.  Also a damn shame.
Post
Topic
Board Economics
Re: Does economic freedom make a country better?
by
BBanzai
on 07/08/2011, 06:27:44 UTC
Libertarians may be defined as valuing economic freedom, but they think of themselves as valuing freedom.  Period.  Being free to make your own choices as an adult, being free to succeed or fail by your own merits.   The biggest divergence between freedom and socialism is all about freedom to fail.  Freedom to suffer the consequences of your own decisions as well as reap the benefits of your choices.  Freedom from being punished if you choose to do something that may result in your death.   The only reason we know what food to eat, as a species, is because our species is willing to risk our personal lives by tasting something new. Our noses don't work very well.  We are too "conscious" to rely on instinct anymore.  So we pick a plant, eat it, see what happens.  Pick an animal, try to kill it, cook it, eat it, see what happens.  Those of us who died in the process did not fail as human beings, they exemplified us.  The risk-takers.  The blind-leapers.  Taking away an adult's freedom to fail is tantamount to keeping them a child, a pet, a slave, indefinitely.   Whether its you or someone you have never met.  Taking away their freedom to succeed is an act of envy, of fear, of aggression.  This isn't two unrelated actions, its the same action.
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Topic
Board Speculation
Re: Bitcoin will reach 5-6 dollars within 1-2 months
by
BBanzai
on 07/08/2011, 05:48:01 UTC
Feelings are great for writing poetry and wondering whether or not you'll have the chicken or the fish.  It will go down farther before it goes up.  Its like dropping an egg and hoping that your feelings will inform you about what will happen next.
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Topic
Board Economics
Re: Countries that followed the Austrian School to Prosperity
by
BBanzai
on 07/08/2011, 05:38:04 UTC
I still have a knee-jerk response to anything that stinks of communism...if only because I have a vivid imagination, and can imagine starving to death in the Ukraine because my farm was collectivised, if only because I can imagine being a violin player that specialized in Bach during Mao's cultural revolution, I can remember how Puritans escaping religious intolerance in Europe came to America and promptly murdered Jews, burned Quakers, and shot Indians....there is an underlying model here that is not economic or political or religious or racial.  Its the Death Cult at war with the rest of us.  And they are capitalists and socialists, bankers and blacksmiths, politicians and "lone-wolf" cranks...the language we all use to try to figure out who the bad guys are keeps getting twisted off target.  Ah, well.  Lets holler about The Federal Reserve instead, so the future, de-centralized Bank of All Worlds sounds like a welcome replacement.   Let's think that Standard and Poor ratings are unbiased and non-political.  By the way, the CIA is ferociously interested in Bitcoin.  They like money, they like cryptology, I'm not even remotely surprised.  Seeing as how I have always heard that drugs are a good investment, as long as the war on drugs continues, and precious metals have always been a solid investment, except for the brief periods when the banks convince the masses to use paper, AND seeing as how I could apparently buy both silver and dope with bitcoins....I think I'll stay in the pool.  I have a dayjob after all.  If its good enough for the CIA, its....well, actually, it isn't, but I have always thought it wise to keep your enemies closer.
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Topic
Board Economics
Re: Bitcoin Loans and Lending; The Weakness in The Bitcoin Economy
by
BBanzai
on 07/08/2011, 05:14:06 UTC
I do understand how borrowing now with the expectation of earning more later from the loan than you will pay in interest is of value to both parties.  I really do.  The current Federal debt of $14.58 trillion when we only created new value (GDP) last year of $14.53 trillion dollars strongly suggests to me that this whole spend now what you have not yet earned model should be once again relegated to a last resort, not a standard business practice, and certainly not a model for a nation.  Or an individual.  Or a state.  All I'm sayin'.  As an aside, those that cater to the desperate on a small scale are mostly either charities or drug-dealers.  As above, so below.
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Topic
Board Speculation
Re: Bitcoin will reach 5-6 dollars within 1-2 months
by
BBanzai
on 07/08/2011, 05:03:04 UTC
Yep - bought at $6, sold at $7, made like $5 Tongue SCORE!!!!! The overall curve did not spike upwards with the US credit downgrade.  Interesting.
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Topic
Board Speculation
Re: Bitcoin will reach 5-6 dollars within 1-2 months
by
BBanzai
on 05/08/2011, 06:55:44 UTC
Hehheh - I thought $19.5/ BTC was a steal when I started doing  this!  I'm continuing because I recognize the potential, NOT because I made any cash back the first time around!
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Topic
Board Economics
Re: Bitcoin Loans and Lending; The Weakness in The Bitcoin Economy
by
BBanzai
on 05/08/2011, 06:20:21 UTC
I would dearly love to know at what point saving your own excess production for long enough to reinvest it properly became known as "hoarding".  I would also be delighted to have explained to me how borrowing money at interest is EVER in my best interests.  Yes, we do 7 day or 15 day or 30 or even 90 day terms.  But paying a late fee, or interest on it is acceptable only as a punishment for changing a contract after it is accepted.  NOT a sensible part of the original contract.  There is nothing to prevent me from accepting 30 day terms for face value and nothing more. Unless, of course, I was a usurious parasite that fed on interest payments while making nothing else of value but symbols of other peoples' wealth.
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Topic
Board Economics
Re: Countries that followed the Austrian School to Prosperity
by
BBanzai
on 05/08/2011, 05:55:11 UTC
Certainly, Austrian economics is about 100 years old.  Fabian Socialism is about 100 years old. Keynesian Economics is the same.  Communism is slightly younger, so are New Deal and Great Society models.  I think that what a lot of "free-thinkers" fail to notice is that the successful "powers that be" members follow the oldest rules of success.  Subtle or overt slavery, marketing hero-worship, theft through warfare, constant surveillance, and monetary fraud.  None of these new theories have much in the way of a predictable future compared to the last 20,000 years of known history.  All of them have their adherents.  Anarchistic models, on the other hand, have been with us as far back as we can measure.  The Apache "Nation" beat the hell out of Spanish invaders for an extraordinarily long time because every single one of them was a warrior.  I haven't the slightest idea what they had in the way of an economy, but I do know that they very nearly won against seemingly overwhelming forces.  What tripped them up was technological differences, not tactics.
Post
Topic
Board Bitcoin Discussion
Re: Curiosity versus currency
by
BBanzai
on 02/08/2011, 05:00:00 UTC
Ronwan, I was hoping to hear your reply.