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Jim Myrtle

Jim Myrtle
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  • Can A Central Bank Always Create Inflation? [View article]
    Yes, Lindbergh was a nut and Jefferson died broke.
    Any other fake Jefferson quotes you'd like to share?
    Jan 11, 2015. 03:24 PM | 1 Like Like |Link to Comment
  • Can A Central Bank Always Create Inflation? [View article]
    "it is akin to govenment "theft" to "subsidize" business.."

    Investing in your own retirement so you're not dependent on the promises of politicians.

    I see why you're against it.

    Government theft to subsidize government is more to your liking.
    Jan 10, 2015. 03:11 PM | 2 Likes Like |Link to Comment
  • Can A Central Bank Always Create Inflation? [View article]
    "As to taxes ect and "free money" Why do all these anti-tax people not go after FICA? THE MOST pointless and regressive tax on the books.."

    Putting FICA payments into private accounts is a great idea.
    It's kinda hard to save when the government takes 12.4% of your lifetime earnings.
    Jan 9, 2015. 09:20 PM | 1 Like Like |Link to Comment
  • Can A Central Bank Always Create Inflation? [View article]
    "IT is INDISPUTABLE that it could.."

    And when suppliers stop accepting payment in that currency?
    Jan 9, 2015. 09:13 PM | Likes Like |Link to Comment
  • Can A Central Bank Always Create Inflation? [View article]
    "facts are not a "weak" argument.."

    The argument that the government should or could print money to cover 100% of its spending is ridiculous. And that's a fact.
    Jan 9, 2015. 10:51 AM | 2 Likes Like |Link to Comment
  • Can A Central Bank Always Create Inflation? [View article]
    "Why the federal income tax could be abolished overnight -- and the government would never run out of money"

    ^
    That is a weak argument.
    Jan 9, 2015. 07:51 AM | Likes Like |Link to Comment
  • Can A Central Bank Always Create Inflation? [View article]
    Yes, Lindbergh was a nut.

    "Thomas Jefferson warned against private banks when he said: "If the American people ever allow private banks to control the issue of their currency, first by inflation and then by deflation, the banks and corporation that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their fathers conquered.""


    And I love the fake quotes!
    Jan 8, 2015. 03:49 PM | Likes Like |Link to Comment
  • Can A Central Bank Always Create Inflation? [View article]
    "don't feel sorry for me, I worked through the curtain and saw the emperor..and he is surely naked.. ;)"

    If the following is your proof that the emperor is naked.....

    "Why the federal income tax could be abolished overnight -- and the government would never run out of money"

    You might want to check your meds.
    You could have some bad interactions scrambling your brain.
    Jan 8, 2015. 02:25 PM | Likes Like |Link to Comment
  • 3 Important Variables Are Simply Average [View article]
    "so you are saying that gold has a pretty stable buying power regardless of when you look at it ?"

    No. I'm mocking fiwiki2's silly claim that it does.
    Jan 8, 2015. 02:06 PM | 1 Like Like |Link to Comment
  • 3 Important Variables Are Simply Average [View article]
    I'd rather have the $20 worth of Philip Morris stock they bought in 1913.
    GE would work too.
    Jan 7, 2015. 01:13 PM | Likes Like |Link to Comment
  • 3 Important Variables Are Simply Average [View article]
    "One oz of gold today, has about the same relative purchasing equivalency that it did in 1913 ( or any other year)"

    Exactly! $1900 in 2011 buys the same as $1200 in 2015.
    Jan 7, 2015. 12:59 PM | Likes Like |Link to Comment
  • Can A Central Bank Always Create Inflation? [View article]
    Wow!
    I'm embarrassed for you.
    Jan 7, 2015. 11:34 AM | 3 Likes Like |Link to Comment
  • The Confiscation Of Bank Deposits And The Derivative Debt: James Corbett Interviews Ellen Brown On GRTV (Video) [View article]
    I found the source of your confusion.

    "with publicly-owned, apolitical"

    Where do we find these mythical organizations presently?

    "May I again suggest that anyone wishing to pursue the concepts static-free read The Public Bank Solution and Web of Debt"

    Based on previous experience with Ellen's writings, you won't clear up your confusion by absorbing her confusion.
    Jan 4, 2015. 08:51 PM | 2 Likes Like |Link to Comment
  • The Confiscation Of Bank Deposits And The Derivative Debt: James Corbett Interviews Ellen Brown On GRTV (Video) [View article]
    "The laundry list of malinvestments / mal-lending that you provided is precisely what a conservative bank chartered for the purpose of public rather than private good would resist"

    A new bank, making exactly the same kinds of loans as the other banks?
    Why bother?

    "In addition, interest (e.g., on CA's $54B essentially untouchable rainy day fund mentioned in the interview which would be kept in the federally chartered bank owned by CA) would now be available as profit to the public for public benefit"

    How would putting the rainy day fund into a state bank benefit the public?

    "handling mainly public funds and doing some public works-related lending in the manner of other depository institutions"

    Like lending the rainy day fund to the state for high speed rail?

    "That public banks would divert cash flow from private banks is a powerful incentive for private bank interests to quash the notion, wouldn't you say?"

    That public banks would put taxpayers on the hook for politically motivated lending is a powerful incentive for taxpayers to quash the notion, wouldn't you say?
    Jan 4, 2015. 12:14 PM | 2 Likes Like |Link to Comment
  • Russian Roulette: Taxpayers Could Be On The Hook For Trillions In Oil Derivatives [View article]
    "Acting as if I had said that suddenly going into renewables would have turned the global climate on a dime"

    I asked you a question, I did not claim you said the above.

    "They found that in the years leading up to the civil war, the region had a historically rare three-year drought"

    Thanks. So based on 100 years of history, a three-year drought can only be explained by AGW? That's funny.

    "The team found that it was highly unlikely that natural variations in climate could have caused severe drought for so many years in a row, but that human-caused climate change made it much more likely." "

    Of course, because AGW has magic powers.

    "I infer from that that they meant statistically out in the tails of the normal distribution"

    And that didn't happen before mankind started burning fossil fuels.

    I always love when warmers point to a storm or a hot spell or a flood (or a drought) and say we caused it. And when they predict more severe and more frequent hurricanes, like they did after Katrina.
    Jan 3, 2015. 10:25 PM | 5 Likes Like |Link to Comment
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