Money is just a tool. Its the love of money that's the problem.King James Bible
For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows.
I have watched that several times. It is an eye opener. :nono:Drdeee said:Yes there is a saying that money is root of all evil. There is even a joke for that, money = evil^2, that means evil is square root of money. But very few people know what is money and how it's made.
Watch this short film that explains money. Money A$ Debt.
The creator(s) of money believe they are God and it is their mission to control the destiny of humanity, that includes wars, genocides, genetic engineering, amount of freedom, everything under the sun.
Julius_Seizeher said:The desire for unearned money is the root of all evil.
The love of money is the root of all evil and those who love money will never have enough.Julius_Seizeher said:Money is not the problem, it's the solution. And love of money is not the problem, to love money is to love the expansion of life.
The desire for unearned money is the root of all evil.
What evil can you find in the man who makes a better motor, or invents a new medicine, or plows the earth to keep you alive? Is this what you consider evil?
The current way this is going will only lead to the rich getting richer while the poor get poorer. This is the world we live in:He that by usury and unjust gain increaseth his substance, he shall gather it for him that will pity the poor.Proverbs 28:8
Your last paragraph pretty much sums up the financial mindset of our Federal Government. They love to grow money and incur debt.squirrels said:Money backed by/exchanged for real value is essential for and beneficial to society.
Businesses are beneficial to society. People think the rich "do no work and get paid for everything". Truth is, it's their capital and their ideas that create value.
When a farmer plants an appleseed, does he do "any of the work"? No, the tree does all the work of growing, of sapping the nutrients from the ground and bearing forth fruit. Sure the farmer has to tend the environment and reap the harvest, but the tree pretty much grows itself.
Irresponsible finance is the root of all evil. Treating credit like money with no plan for paying it back, lending more money than you have (especially to high-risk debtors) and then securitizing it as an excuse to lend MORE money, security prices based on hype and paranoia rather than REAL value, treating markets like a lottery and trying to "grow money by shaking it from side to side"...those kinds of things will destroy this civilization.
Capitalism does an aweful job as a measure of talent.Julius_Seizeher said:You who call yourself a slave to money-you are exactly right.
Your thoughts are those of the typical modern leftist rotter, who lives by pretending that he is a victim and deserves to instead become a vampire on the producers who keep him alive. Sure, you invent a childish and retarded system of half-baked pseudo-philosophy to allegedly support your ridiculous beliefs, but your credibility reads: Account Overdrawn. Every time some barefoot bum in some pesthole of Asia makes some sweeping spiritual statement, too broad to be held to any standard of truth and too indiscriminate to be bothered by anything so trivial as rational meaning, you swoon like a barmaid and swear that you will never again blame yourself for the conditions of your life. Yours is the psychology of thieves and kidnappers, who use the virtues of another as reason to steal from him. You say, "There is no ego; we are all one" and in the same breath denounce all those who have made your life possible and kept you alive all these years.
You say capitalism is evil because it forces men to compete in order to be their best. Can you imagine a system where men compete in order to be the worst? You already have. In socialism, the winners are the people who do absolutely nothing and have nothing to offer to the world, their needs are held up as crowns of glory and the men of ability are thus enslaved to those "needs". Can you imagine the rotten squalor that would result from a country, or a world, where everyone tried their best to do nothing? You, who would call yourself a slave in a free society, have absolutely no fvcking idea what it would really be like to be a slave.
If you really think that providing for your own means of survival is a burden unjustly posed upon you, or that the conditions of your life are truly the result of offhand decisions made by some unseen tyrant in some corporate boardroom, GROW THE FVCK UP. Stop watching television, the rotter's box, the liberal stink tank and get out and live in the REAL WORLD. It is not a grand conspiracy, it is not a matrix, it is very simple: you do you. You do whatever you can do, to the best of your ability, and live with your reward. If you want more, do more; if you want less, do less. Money is the only exact metric of the value of your life; everything else is arbitrary and melts like butter under the light of objectivity.
If you want to talk, talk to your friends. If you want a girl to like you, listen to her, ask questions, and act like you are on the edge of your seat.
Quote taken from The SoSuave Guide to Women and Dating, which you can read for FREE.
Supply and demand is based on the law of diminishing marginal returns, which assumes component goods being equal in the eyes of the actor. The diminishing marginal utility only comes from the obvious fact that the first good is used for the most urgent need, the second one for the next most urgent need, and so on. Which is implied by the action axiom. About the oil example, the high reserves or idle oil is not supply if it is not being offered for trade.The reason why capitalism doesn't work as a measure of talent (or as a measure of anything at all) is because we humans have emotions, and capitalism can not exist in such environment. The law of suppply and demand say that an individual who does not have the means for the expensive product will chose the cheaper product . In reality does this happen even 70% of the time? Have you ever seen a broke person drive a BMW? Yeah, me too. The law of supply says that high supply = low prices. There's currently a surplus of crude, is this reflected in its price? No, because the current price of oil is based on fear of future higher prices.
That is the very starting point of economics.. the action axiom.Capitalism and emotions are not a good mix. When things are good, we get greedy, when things are bad, we get fearful. Economics does not take this into consideration. AND get this, there's never a middle ground, because, as it has been pointed out, the ego (our emoitons) can never be fullfilled. It always wants more. If things are good, they MUST get better!! I agree, this unfullfilling thirst motivates us to do our best, but at the same time, our best can never be achieved, because our ego says we can always do better. Because YOUR EGO WILL NEVER BE SATISFIED with THE PRESENT MOMENT and what it brings. So we are slaves to our ego, and we look to the future to fulfill it. But joke is on us because the future will never satisfy you. WHY? because when the future comes, its the present moment again!
Right now its the future of yesterday, I'm sure yesterday you were looking at the next day for fullfilment, but as you can see the fullfillment hasn't come because, liike i said, the ego can not be fullfilled with the present moment.
Talent alone is bullsh*t. I know a lot of people who are mountains of talent.n00bPimp said:Capitalism does an aweful job as a measure of talent.
For example, a talented artist who is poor because he is in the first years of his carreer. In the eyes of the capitalist world he's a loser because he doesn't have enough wealth. But once he gets his lucky break and earns money, he's suddenly seen as a great member of society. So this person, this very same person was seen as garbage by you while he had no money (based on your argument), but you now see him as a valuable individual because he has acquired wealth, even though HE HIMSELF DID NOT CHANGE, he simply received that break that his talent deserved.
Those "rich kids" that you hate so much are again, benefactors of "luck". They just happened to be born to a father or grandfather who DID have "talent" and "drive".Now do you see why money is not a true measure of talent? This is seen much more often than the other way. YES, even in the USA. Talented individuals live in utter poverty and stupid people get rich all the time (refer to the financial engineers at Bear Stearns, Lehman, etc and all those no talent rich kids who graduated from prestigious schools because they were born from the right families).
Definition of ego = The self, especially as distinct from the world and other selves.n00bPimp said:I'm aware that you must work hard and not live off other's success, I'm aware this is like stealing. My point is that, IN THE LONG TERM, our ego will not allow capitalism to succeed and to benefit THE MAJORITY of people. There will always be a few extremely rich and the majority of the world will be extremely poor, in relative terms. There will always be phases of prosperity as well as phases of economic depression. At least as long as the ego exists, it will be such. I'm not even advocating communism or socialism, because these will also fall victim to the human ego.