Modern Money Mechanics
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Edwina Lee



Joined: 06 Oct 2006
Posts: 661
Location: High Wycombe, UK

PostPosted: Wed Oct 08, 2008 2:18 pm    Post subject: Modern Money Mechanics Reply with quote

While discussing on Friends of the Earth, I came across this video which explains how money works, how it is created in the US.

(The 1st few minutes is drama, but after that it is very serious academic material)

I am interested in a serious academic discussion.

http://video.google.com/videoplay?docid=7065205277695921912

Edwina xx
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康大&



Joined: 20 Sep 2008
Posts: 7

PostPosted: Fri Oct 10, 2008 1:03 am    Post subject: Reply with quote

Ok, I took the bait, ten seconds to read your post more than an hour watching the film, well done!!!!

I have been interested in this Elephant in the Room for many many years. I don't think the film takes simplistic view, but perhaps there is a simplistic response available to the individual to escape the clutches of this monster.
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pensggs



Joined: 24 Jan 2007
Posts: 152

PostPosted: Fri Oct 10, 2008 7:42 am    Post subject: Reply with quote

well done. I have just finished watching the film, whilst riding the 'merry-go-round' of servicing my business debts. I started working at 4.30 a.m this morning and have just come to a pause.

The simple solution is to give up, and throw in the towels. However, if I was to do that, the consequence is not only on me.

Abdication is very easy at individual level once the individaul has decided.

Money is only a medium of exchange. We as individual decide which monetary balls we picked up and which game to join. If we do not enjoy the game, we have the right to walk away. And sometimes, walking away is the only answer.

Anyway, thanks, Edwina for an educational diverse hour whilst completing my tedious responsibilty.
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joybetluck



Joined: 25 Aug 2007
Posts: 154

PostPosted: Wed Oct 15, 2008 12:23 pm    Post subject: Reply with quote

This is a good explanation of the money tree.
In autumn the money tree sheds it's leaves in accordance with the Tao.

Where has all the money gone?
http://news.bbc.co.uk/1/hi/magazine/7670313.stm
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joybetluck



Joined: 25 Aug 2007
Posts: 154

PostPosted: Thu Oct 23, 2008 9:51 am    Post subject: Reply with quote

In winter, root around the money tree for treasures. Embarassed
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zombiehellmonkey



Joined: 27 Sep 2008
Posts: 15

PostPosted: Fri Nov 07, 2008 9:06 am    Post subject: Reply with quote

Here's another good link http://www.garagetv.be/video-galerij/blancostemrecht/The_Great_Global_ Warming_Swindle_Documentary_Film.aspx
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Edwina Lee



Joined: 06 Oct 2006
Posts: 661
Location: High Wycombe, UK

PostPosted: Fri Nov 07, 2008 12:32 pm    Post subject: Reply with quote

zombiehellmonkey wrote:
Here's another good link http://www.garagetv.be/video-galerij/blancostemrecht/The_Great_Global_ Warming_Swindle_Documentary_Film.aspx


The debate is over. The leadership of most important countries in global warming have all declared their position towards the issue.

Warming is real, it is man made, and we need to reduce anthropogenic CO2 emission.

Obama's position is similar to the UK's. 80% reduction by 2050.

Get over it.
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zombiehellmonkey



Joined: 27 Sep 2008
Posts: 15

PostPosted: Fri Nov 07, 2008 12:52 pm    Post subject: Reply with quote

There is no evidence to support man made global warming.
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Edwina Lee



Joined: 06 Oct 2006
Posts: 661
Location: High Wycombe, UK

PostPosted: Fri Nov 07, 2008 1:55 pm    Post subject: Reply with quote

zombiehellmonkey wrote:
There is no evidence to support man made global warming.


What evidence have you to support your position apart from this silly video and numerous conspiracy theory sites?

Ask the presidents of the US, UK, France, Germany, Brasil, India, China, . . . Their chief scientists are all accepting the conclusions of the IPCC.
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chunxueping



Joined: 24 Jun 2007
Posts: 494
Location: Surrey, UK

PostPosted: Fri Nov 07, 2008 2:38 pm    Post subject: Reply with quote

Ah is difficult to call up World leaders and ask them.
China I can get you pretty close, maybe to Prime Minister's outer office but for other countries, not so easy.

To be honest, there has been some debate on this issue in New Scientist and other magazine and I think case is overstated, certainly case is made that it is very expensive solution to save a few islands in the Pacific. But is sensible that we use our resources wisely.

Actually, I not be around in 2050 so should I care?
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Edwina Lee



Joined: 06 Oct 2006
Posts: 661
Location: High Wycombe, UK

PostPosted: Fri Nov 07, 2008 3:30 pm    Post subject: Reply with quote

Xue Ping,

You should care, or your corpse will rot in water without a decent place of burial ( 死無装身之地 ) and your ancestors would not be proud of you.
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chunxueping



Joined: 24 Jun 2007
Posts: 494
Location: Surrey, UK

PostPosted: Fri Nov 07, 2008 5:03 pm    Post subject: Reply with quote

Ahh my ancestors all dead now and never pleased with me. My worthless carcase can look after itself when I not need it any more.
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Edwina Lee



Joined: 06 Oct 2006
Posts: 661
Location: High Wycombe, UK

PostPosted: Fri Nov 07, 2008 5:09 pm    Post subject: Reply with quote

I'm still NOT crying Very Happy
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chunxueping



Joined: 24 Jun 2007
Posts: 494
Location: Surrey, UK

PostPosted: Fri Nov 07, 2008 5:43 pm    Post subject: Reply with quote

I saw T-Shirt once with logo "Nuke the Baby Seals" I think most non-political correctness statement ever.
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Edwina Lee



Joined: 06 Oct 2006
Posts: 661
Location: High Wycombe, UK

PostPosted: Fri Nov 07, 2008 6:22 pm    Post subject: Reply with quote

X-P,

Your frazzled brain needs re-education. Confused
Let Obama be your teacher over the internet. Let him into your life and transform your ancestorless pitiful life of unkindness to babyseals.

Love earth, love the planet, love baby seals, cleanse unclean thoughts and bring energy of renewal into your heart:-

http://my.barackobama.com/page/content/newenergy
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