If you actually listen and understand what Romney says you will see he follows Paul almost 100% on economic issues, except for ending the fed and supporting the bank bailouts. On social issues they are similar, federal government should not be involved. They are both from the working sector. They both have character. Both understand that people work at corporations and stockholders are people. They understand the importance of the choice in the private sector as oppose to planners in the public sector. Both oppose unions, that they prevent people from getting jobs there. Both support a strong defense at home.
I support both Ron Paul and Mitt Romney.
I'm not an alcoholic, except for 3 beers a night and passing out in bars on the weekends.
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BoardEconomics
Re: Current Bitcoin inflation rate = 35%. Price = stable
by
Kilmyos
on 06/04/2012, 17:38:34 UTC
U.S dollar inflation rate is more like 8%, the government statistics are fucked up.
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BoardEconomics
Re: The early-adoptor unfairness
by
Kilmyos
on 15/03/2012, 21:37:38 UTC
It was going to happen sooner or later anyways
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BoardEconomics
Re: The early-adoptor unfairness
by
Kilmyos
on 15/03/2012, 16:30:30 UTC
Can this discussion just stop? This horse has been beat to death already -.-
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BoardSpeculation
Re: Poll :: When will Bitcoin reach $1 Billion total value
So I'm in Chicago. A major perception here is that the corporatism/cronyism of city politicians is contributing to these problems. People in poorer neighborhoods like Pilsen (mainly hispanic) pay their property taxes, etc to the city. This money then gets put in a general fund and is used to develop and maintain areas elsewhere (in the well-connected "rich" part of the city) rather than improving the neighborhood it came from. On top of this, many property owners in Pilsen are unable to pay lawyers to explain the tax code to them and so are unaware of many exemptions, etc. The overall effect of this is draining wealth from the poorer neighborhood into the hands of well-connected property developers.
Meanwhile, the people/organizations benefiting from the use of the public funds elsewhere (ie rise in property value) are able to build up wealth. They then start seeing the cheap property in Pilsin and begin buying that up, putting up more expensive housing (for "artists and college students") and forcing out whoever was living on the property to begin with (who never got to use their tax money to invest in projects that would improve lives of themselves and their children). Thus the process of gentrification begins.
So, amongst many, the current attitude is that "community organizing" is the way to go. Larger governments just keep fucking these people over.
Now, what to do about Englewood? I have no idea. That place is crazy. I've experienced first hand that if you're white and go there, cops and drug dealers and everyone hanging outside the liquor stores give you shit until you leave. I've been told by a first hand source you gotta bring your piece with to take out the trash at night (to scare off the crackheads walking at you down the alley and shit) and avoid certain entrance ramps onto I-290 (people pop out of the bushes and carjack you). It's not that these are bad people, they just live in a fucked up environment and need to be willing to do certain shit to survive.
*edit, second hand account is lawndale not englewood
Politicians are the one fucking the poor over, they are spending their money on things that isn't needed.
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Re: 12 million ppl will hear about bitcoin very soon
that's a very inspiring video, seeing as every photo is of a court room >.<
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BoardSpeculation
Re: $5 Mt. Gox price contest! 2BTC
by
Kilmyos
on 21/12/2011, 14:45:01 UTC
January 13th then
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BoardSpeculation
Re: $5 Mt. Gox price contest! 2BTC
by
Kilmyos
on 21/12/2011, 14:28:12 UTC
January 12th
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BoardEconomics
Re: FRB and Bitcoin
by
Kilmyos
on 21/12/2011, 03:43:34 UTC
I understand now. I simply misunderstood the quote thinking somehow it was stating bitcoin could be counterfeited. I guess I was thinking too hard
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BoardEconomics
Re: FRB and Bitcoin
by
Kilmyos
on 20/12/2011, 21:13:21 UTC
I'm obviously missing something, what does "money supply" mean other than the total amount of Bitcoins in existance?
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BoardEconomics
Re: FRB and Bitcoin
by
Kilmyos
on 20/12/2011, 21:10:19 UTC
I understand that part, but my question relates to the quote that I mentioned. How can Bitcoins be created out of thin air after the 21million cap is hit?
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BoardEconomics
Topic OP
FRB and Bitcoin
by
Kilmyos
on 20/12/2011, 21:04:26 UTC
I was reading on https://en.bitcoin.it/wiki/Fractional_Reserve_Banking_and_Bitcoin and it states "The Monetary Base of Bitcoin is limited to 21 million. But because Fractional Reserve Banking is possible, the money supply of bitcoins (which includes demand deposits) can greatly exceed 21 million."
How is this possible? Wouldn't that be equal to a central bank printing money out the ass?
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BoardGoods
Topic OP
First gen PSP
by
Kilmyos
on 20/12/2011, 02:56:09 UTC
Has flashed firmware, 2gb SD card, comes with SOCOM on disk and Worms (just like the old N64 game) on the card. Asking 10btc
Re: My signature space goes to funniest post in this thread
by
Kilmyos
on 11/12/2011, 01:41:47 UTC
Women are like condoms, they stay in your wallet longer then they do on your dick.
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BoardServices
Topic OP
Selling sig space and Facebook posts
by
Kilmyos
on 10/12/2011, 20:10:01 UTC
PM me with your bid on the signature space. The Facebook posts will be posted on my account with ~230 real friends that I know IRL. The cost is .5btc per post, with a max of one post a week. Act fast!