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View Diary: How much longer can the Austerians and their puppets go on with their failed policies and lies? (125 comments)

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  •  *sigh* (1+ / 0-)
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    Okay. But you can talk about money as a resource, in the same way you can talk about, say, educated workers as a resource, even though they're, you know, people and not resources. It's a metaphor. And if you read his comment you'd see that he agreed with you about everything important.

    Save your obviously vast quantities of bile for people who actually disagree with you, huh?

    •  No (1+ / 0-)
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      because to GET educated workers you have to invest real resources - education, quality of life, whatever.

      Again - money is just a stand in. It has no substance in itself.  If your country is piss-poor and can not feed its children, printing money won't change a bit.  

      That is a fundamental difference. The ability to print money is not an ability to create a resource - it means only that a government can unilaterally manipulate the consensus about money's worth, and thus easily redistribute  wealth from some citizens to others, and to itself.  With quite obvious implications.

      "Und wer nicht tanzen will am Schluss - weiß noch nicht dass er tanzen muss", Rammstein, "Amerika"

      by cris0000 on Tue Jan 29, 2013 at 08:12:54 PM PST

      [ Parent ]

      •  when money can be loaned at interest, (0+ / 0-)

        i.e. can be used to make money, it becomes a resource, a commodity - this is in addition to its use as a medium of exchange, & in some ways negates its utility as such (as for instance when high interest rates or ultra high profits devalue it/inflate it)

        recall that the definition of "profit" is - money got for giving nothing of value

        "Never let your sense of morals get in the way of doing what's right." - Isaac Asimov

        by greenotron on Wed Jan 30, 2013 at 07:05:27 PM PST

        [ Parent ]

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