Hi I've just been watching a clip on youtube concerning how devaluation is bad, how it is something we don't want.
At first this seems obvious but I think devaluation also has good points.
in a economy where money retains identical value if a man gives 1million units of exchange to his son and that son doubles his money and gives two million to his son etc untill the great grandson has 10million then the great grandson has 10million pounds.
in an economy where the money loses value via whatever means say by 1000% per generation then the final 10million is worth nothing.
sorry for any logic errors in my maths here but you get the idea.
so the great grandson has done nothing to earn the money and has nothing to show for it. if he wants ten million he must use the value within himself and that value will be a representation of his realative value to society.
this alows a natural cycle that resets itself in a way that money is continuously flowwing back to the sea, before being picked up and returned to represent the value of new individuals. I think it is a very dynamic and flexible system that may at first seem flawed but is infact the interferance that is needed for a complex society. And I think devaluation cycles lead to a fairer meritocracy.
Please argue.
martinglake: my argumemt, in absense of any traction, has evolved into a totally oblique position envolving systems phenomenons and functions. it's rather amusing:)
my argumemt, in absense of any traction, has evolved into a totally oblique position envolving systems phenomenons and functions. it's rather amusing:)
You keep using words, but I don't think they mean what you think they mean.
Yours in liberty,Geoffrey Allan PlaucheDoctoral CandidatePolitical ScienceLouisiana State University
"Quis custodiet ipsos custodes?"(Who watches the watchmen?)-Juvenal, Satires VI.347
Hey, maybe his first thought when he read the word "platonic" was "you wash your dirty mouth out boy!!!"
-Jon
I cannot be caged. I cannot be controlled. Understand this as you die, ever pathetic, ever fools.
Irenicus' Diaries.
Geoffrey Allan Plauche:You keep using words, but I don't think they mean what you think they mean.
It's rather amusing :)
without knowing what your talking about but knowing it was in the beginning of an economics text book, (yes I have read a page or two out of an ecconomics text book - shocking as that may seem) and considering my argument, it contains aspects of both I'd say both, and further more the creation of the state was (as everything is) an organic process that happend over time and the dotting of sentances and waving of flags was only a formal moment in the creation of that state. For example whoever drew up the plans for the state was already functioning as and aspect of the state they were about to create. I can guess that much:)
well its only going to take a mathmatition to prove me wrong. are you said mathmatition?
I think I have a general understanding wide enough to use such words, perhaps they arn't taken from an ecconomics context though.
what words are you questioning?
This isn't economics, strictly speaking. Moreso the province of political science, perhaps sociology, but of course all are subsumed under praxeology. Just because something is an organic process, of course, neither means it is a market phenomenon, nor does it even begin to justify it.
banned: Geoffrey Allan Plauche:You keep using words, but I don't think they mean what you think they mean. It's rather amusing :)
Has Nim Chimpsky risen from the dead? :D
martinglake:well its only going to take a mathmatition to prove me wrong. are you said mathmatition?
I haven't seen you propose any mathematical functions which you would use determine your ideal society with.
however if it is organic then it will happen if it is not prevented from happening. yes?
if it happened it must have been a market phenomenon. its proof is its existance.
therefore a free market must have powers in place preventing the rise of a market that is not free and in doing so the free market becomes unfree.
hense what we have.
No. I already mentioned what a market is. This sentence does not even seem coherent.
Yes: it's called not granting a territorial monopoly over force to a small select group, or any group for that matter...
lol, it is, I just missed a few apostrophies:)
total road block has been reached I believe. (look you've got me saying `I believe` after everything now)
we could countinue by saying:
yes it is
no it isn't
no it isnt
but that would be beneath us both.
just sign this piece of paper and have done with it
:)
Yes what is?
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