koolkat

6 ms·

1.
by koolkat 11y ago
That is true for the goverment printing but the central bank printing its just printing i mean if you follow the chain to the creation maybe the BIS or something. Because when you print money you don't pay interest to anyone so instead
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by koolkat 11y ago
Thanks. I was talking about the genesis of the first bond. And the debt refers to the debt the goverment of the country gets when "creating money". So that the money created its created trough a loan from the CB. Then the high-pow
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by koolkat 11y ago
I don't think employees are investors in co-ops. They are like founders. A co-op can still get capital from investors. Can't they?
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by koolkat 11y ago
Thats what i said. Goverments can't print money they need to borrow it from the one that prints it. Also borrowing from normal banks is creating money.
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by koolkat 11y ago
Fiat currency is debt. Its in its definition. Gold coins is gold. But you are right i should have said fiat currency not money. Thanks. Edit maybe fiat currency is only debt when created through borrowing (like most of the currencys right n
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by koolkat 11y ago
Lets not forget that economics is a social science like psychology or history. Also lets not forget that there is no such thing as "fake" and "real" money and that the economy is a social construct. The concept of fake d
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by koolkat 11y ago
I think you miss understood him. Money is just like any good subject to suply and demand. So if a country produces goods that they sell only in their national currency the more you produce of this goods the more demand there is for your mon
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by koolkat 11y ago
>"The money doesn't become "real" in a money supply sense until the IOU is paid out" Debt=money When the lending is done by a bank the iou becomes real money since day 1.
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by koolkat 11y ago
Printing of money to cover for the fiscal deficit is not rare or bad by itself. Inflation can be a form of taxation if the goverment fully controlls the creation of money. The problem is that goverments are stripped from their right to do s
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by koolkat 11y ago
I think that it has something to do with distribution. Most of the business was about distribution. Before it was dificult to distribute the information (music, movies etc) so you needed to hire someone to distribute your product and you pa
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by koolkat 11y ago
What i allways ask myself is for example if someone has an old car which polutes more than a new one, what would polute more to buy a new one or to continue to use the old one. Because producing the new car releases a lot of polutants as we
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by koolkat 11y ago
Thanks.
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by koolkat 11y ago
I think the title is obviously clickbait exageration. Epitech does expect its students to be proficient in english. But many are not at the begining and they find resources in french. I'm also glad to share the knowledge i gathered tro
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by koolkat 11y ago
I'm a student at Epitech, 42 it's a fork of Epitech. They have almost the same program. I love the school methodology it teaches you that grades are not important and that learning is your responsability. I think the conventional
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by koolkat 11y ago
"The growth in any doubling time is grater than the total of all the preceding growth" So maybe any developed country including the U.S. did the same.
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by koolkat 12y ago
I don't think being a "conspiracy theorist" is delusonal at all if there are overwhelming facts supportig the theory. When did it become crazy to "...have an explanatory proposition that accuses two or more persons, a gr
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The Whole Economy Is Rife with Ponzi Schemes [Startups as a Ponzi Scheme](scientificamerican.com)
1 points by koolkat 12y ago|0 comments
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by koolkat 12y ago
This code works on my terminal: \e[1;1H\e[2J So try printf "\e[1;1H\e[2J"
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by koolkat 12y ago
Yes. I think its a special code that the program sends to the terminal. It comes from the days terminals used to be fisical instead of virtual. Its in the termcap database that corresponds to the terminal you use.
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The Meme Hustler(thebaffler.com)
1 points by koolkat 12y ago|0 comments