CAD worth more than USD...

SAM · Post by **SAM** » Sun Jul 20, 2008 11:33 am

I am not saying that we should go back to Gold Standard, I only said that the world once use gold as a common currency, but it don't works. So the current system appears.

The problem is the current money system is not perfect too.
It would be easily for the goverment and the rich people to have a currecny that slightly decrease in value over time.

So that...

(1) For the goverment, the rich people won't stockpile money and wait for them to rise in value. They have to invest their money, providing more jobs, good to the economy.

(2) For the rich people, they would be richer over time, while those poor and middle class stuggle to maintain their standard of living. Since only those who could afford to own assets could be benifit from the inflation. For those people living from paycheck to paycheck, this is not possible.

The only exception are for those people whom could create assets on their own, assets like books, songs, or a new company.

Michaelm · Post by **Michaelm** » Sun Jul 20, 2008 1:57 pm

The American dream is just a daydream from which a lot of people will wake up in the coming years. Oh well, atleast that gives them another reason to go to war again

Ex-Cyber · Post by **Ex-Cyber** » Sun Jul 20, 2008 4:52 pm

I've been told that this startlingly accurate observation is from Eric Idle, though I can't find an attributed instance of it on the interblag:

The American dream is to be born in the gutter and have nothing. Then to raise up and have all the money in the world, and stick it in your ears and go PLBTLBTLBLTLBTLBLT!

GaijinPunch · Post by **GaijinPunch** » Sun Jul 20, 2008 6:21 pm

The American dream is just a daydream

And what might that be?

neorichieb1971 · Post by **neorichieb1971** » Mon Jul 21, 2008 12:43 am

The American dream isn't for Americans. Its for fools who think if they go there they will live like its portrayed in movies with $30 million homes with swimming pools.

The truth is, although you would be free, your more likely to see those homes if you start up a lawn mowing business and trim someones half mile hedge for them.

When I got to the States in 2000 the dream became a nightmare. I worked for Mattel building power wheels for the ripe sum of $8.25 an hour. Because in KY there were no I.T jobs in my area. I eventually moved to IN and worked for Bristol Myers and the dream did come true. But then I got outsourced, lost health insurance, which led to my divorce and debt. After another 2 years of that, I said "fuck it" and I went home to the UK where I've prospered for 2 years, albeit at moms house.

When I went to the USA. I was so intrigued with owning my own big house. Little did I know I was giving up the one thing the USA stands for. FREEDOM! It was like a big ball and chain round my ankles, cutting away at my skin everyday.

Google Earth reminds me of what I once had, since its imaging is over 3 years old now. My nice red car is still parked outside my big house with the trampoline out back. It was nice whilst it lasted, but I didn't like living in fear that if I had no money my life wasn't worth a shit to anyone. The dream only lasts as long as you don't make any mistakes, or the system doesn't trip you up. I ended up making mistakes and then tripped up by the system. It all started October 2001, when the Bristol Myers CEO was changed due to post 911 changes. Wow, what a turnaround that was. I couldn't do a damn thing about it.

Ed Oscuro · Post by **Ed Oscuro** » Mon Jul 21, 2008 6:23 am

neorichieb1971 wrote:After another 2 years of that, I said "fuck it" and I went home to the UK where I've prospered for 2 years, albeit at moms house.

When I went to the USA. I was so intrigued with owning my own big house. Little did I know I was giving up the one thing the USA stands for. FREEDOM! It was like a big ball and chain round my ankles, cutting away at my skin everyday.

Google Earth reminds me of what I once had, since its imaging is over 3 years old now. My nice red car is still parked outside my big house with the trampoline out back. It was nice whilst it lasted, but I didn't like living in fear that if I had no money my life wasn't worth a shit to anyone. The dream only lasts as long as you don't make any mistakes, or the system doesn't trip you up. I ended up making mistakes and then tripped up by the system. It all started October 2001, when the Bristol Myers CEO was changed due to post 911 changes. Wow, what a turnaround that was. I couldn't do a damn thing about it.

Epic post.

The American Dream, in a nutshell, is about escaping the parents and especially the hated mother in law. I definitely see the allure of that - but then you trade parents and extended family for strangers; office politicians and uncaring bosses. The American Dream was destroying the extended family and shared history. There's been some good results for it in our culture, a new emphasis on individuality, potential, and de-emphasizing certain ancient moralizing obsessions - but also a loss of other valuable traditions. Ultimately, the workaday grind ends up rendering any individuality and potential null in an economically tense climate.

SAM · Post by **SAM** » Mon Jul 21, 2008 12:13 pm

neorichieb1971 wrote:I went home to the UK where I've prospered for 2 years, albeit at moms house.

Yes, that's the secret of becoming rich.

Housing is the only must have assets/service for the poor and middle class. As every one must have some places to sleep at nights. And thus IMO it is the most overpriced assets in the world.

The housing expanse your save by living in your parents house alone, should left you with 40% to 50% more expendable income than other people. But then you couldn't get married without moving out.

GaijinPunch · Post by **GaijinPunch** » Mon Jul 21, 2008 2:37 pm

the system

Knowing the system and adapting to it is part of it. It's ever changing, so if you want to stay on top, you have to be too.

SAM · Post by **SAM** » Mon Jul 21, 2008 3:29 pm

GaijinPunch wrote:
the system
Knowing the system and adapting to it is part of it. It's ever changing, so if you want to stay on top, you have to be too.

Yes, that's right. If you are playing it wrong, it's no use no matter how hard working you are; on the other hand if you are playing it right, you would nearly don't need to work at all.

It's not a fair game, but it would still better if you know the rules.

Michaelm · Post by **Michaelm** » Mon Jul 21, 2008 4:07 pm

GaijinPunch wrote:
the system
Knowing the system and adapting to it is part of it. It's ever changing, so if you want to stay on top, you have to be too.

That's just trying to be the ubercapitalist in my view which is the wrong thing to do as it just makes the problem bigger for those that can't stay on top.

Ex-Cyber · Post by **Ex-Cyber** » Mon Jul 21, 2008 5:44 pm

SAM wrote:
GaijinPunch wrote:
the system
Knowing the system and adapting to it is part of it. It's ever changing, so if you want to stay on top, you have to be too.
Yes, that's right. If you are playing it wrong, it's no use no matter how hard working you are; on the other hand if you are playing it right, you would nearly don't need to work at all.

It's not a fair game, but it would still better if you know the rules.

Even if you know the rules, that adaptation has a cost. Those who can't afford it get left behind.