What’s the half-life of a fiat currency?
[quote=woupiestek]
So we need the plague to keep us save from credit crunches?
I think it is good to have a financial sector. But we should have something better than a financial sector that once in a while distroys itself.
[/quote]
woupie –
How about the Health Services sector? That might boom during a plague. Then we could all run over the the Retail Sector with our profits and spend our way back to prosperity.
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Tue, Apr 14, 2009 - 04:12pm
#25Peak Prosperity Admin
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count placeholder0Re: What’s the half-life of a fiat currency?
One problem that a plague may solve is rising unemployment and I think it also helps with entitlement…
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Tue, Apr 14, 2009 - 04:59pm
#27Peak Prosperity Admin
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[quote=woupiestek]One problem that a plague may solve is rising unemployment and I think it also helps with entitlement…[/quote]
woupie –
"Help" might be a reach unless you are framing it in a Malthusian focus. The Black Death in the 14th Century was pretty indiscriminate with regards to taking down the proletariat, bourgeoisie and the aristocratic classes (and everything in between).
But stepping back and looking at it from a completely detached perspective it would solve a lot of problems. And who knows, if the survivors piled all the dead in one place, in a couple of million years they might have new oil reserves.
And then we play the whole symphony all over again…..
Okay, that was bleak.
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Tue, Apr 14, 2009 - 06:03pm
#28Peak Prosperity Admin
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[quote=woupiestek]One problem that a plague may solve is rising unemployment and I think it also helps with entitlement…[/quote]
Name one problem that cannot be attributed to the fact that there are too many people on this planet.
food, energy, finance, wars, and all the rest. No problem if no people.
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Tue, Apr 14, 2009 - 06:30pm
#29Peak Prosperity Admin
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Boll weevils
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Tue, Apr 14, 2009 - 11:56pm
#31Peak Prosperity Admin
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[quote=kenc]
Name one problem that cannot be attributed to the fact that there are too many people on this planet.
food, energy, finance, wars, and all the rest. No problem if no people.
[/quote]
No puns, either. Dunno if I could live without those. Oh wait, I wouldn’t be around to miss them.
Carry on.
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Tue, Jun 30, 2009 - 04:11am
#26Peak Prosperity Admin
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count placeholder0Re: What’s the half-life of a fiat currency?
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Tue, Jun 30, 2009 - 04:11am
#30Peak Prosperity Admin
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Tue, Jun 30, 2009 - 04:12am
#24Peak Prosperity Admin
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count placeholder0Plague
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Tue, Jun 30, 2009 - 04:13am
#16Peak Prosperity Admin
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count placeholder0Catholic Church and the History of Usury
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Mon, Apr 13, 2009 - 03:12pm
#23Re: woupiestek Re: What’s the half-life of a fiat currency?