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That's what the Liberal schemers and dreamers promised everyone...
https://x.com/i/status/1925884987414298924
On 9/28/2025 7:47 PM, Cursitor Doom wrote:
That's what the Liberal schemers and dreamers promised everyone...
https://x.com/i/status/1925884987414298924
European capitalism was such a successful economic philosophy that they
only had to steal half of Africa's gold to do it! Hard to argue with
success like that. Maybe I'll go rob Fort Knox and then people will tell
me what a successful businessman I am.
On 9/28/2025 7:47 PM, Cursitor Doom wrote:
That's what the Liberal schemers and dreamers promised everyone...
https://x.com/i/status/1925884987414298924
European capitalism was such a successful economic philosophy that they
only had to steal half of Africa's gold to do it! Hard to argue with
success like that. Maybe I'll go rob Fort Knox and then people will tell
me what a successful businessman I am.
On Sun, 28 Sep 2025 21:59:48 -0400, bitrex <user@example.net> wrote:
On 9/28/2025 7:47 PM, Cursitor Doom wrote:
That's what the Liberal schemers and dreamers promised everyone...
https://x.com/i/status/1925884987414298924
European capitalism was such a successful economic philosophy that they
only had to steal half of Africa's gold to do it! Hard to argue with
success like that. Maybe I'll go rob Fort Knox and then people will tell
me what a successful businessman I am.
Gold isn't wealth. It's like paper money, just an agreed way to avoid
barter. Its intrinsic value is small.
If we mined asteriods for gigatons of gold or platinum or diamonds,
their value would crater.
The european economy grew because of local productivity. The "stolen" catalysts were sugar and coffee and chocolate.
John Larkin
Highland Tech Glen Canyon Design Center
Lunatic Fringe Electronics
On Sun, 28 Sep 2025 21:59:48 -0400, bitrex <user@example.net> wrote:
On 9/28/2025 7:47 PM, Cursitor Doom wrote:
That's what the Liberal schemers and dreamers promised everyone...
https://x.com/i/status/1925884987414298924
European capitalism was such a successful economic philosophy that they >>only had to steal half of Africa's gold to do it! Hard to argue with >>success like that. Maybe I'll go rob Fort Knox and then people will tell >>me what a successful businessman I am.
Gold isn't wealth. It's like paper money, just an agreed way to avoid
barter. Its intrinsic value is small.
If we mined asteriods for gigatons of gold or platinum or diamonds,
their value would crater.
The european economy grew because of local productivity. The "stolen" >catalysts were sugar and coffee and chocolate.
John Larkin--- Synchronet 3.21a-Linux NewsLink 1.2
Highland Tech Glen Canyon Design Center
Lunatic Fringe Electronics
On Wed, 01 Oct 2025 07:20:06 -0700, john larkin <jl@glen--canyon.com>
wrote:
On Sun, 28 Sep 2025 21:59:48 -0400, bitrex <user@example.net> wrote:
On 9/28/2025 7:47 PM, Cursitor Doom wrote:
That's what the Liberal schemers and dreamers promised everyone...
https://x.com/i/status/1925884987414298924
European capitalism was such a successful economic philosophy that they >>>only had to steal half of Africa's gold to do it! Hard to argue with >>>success like that. Maybe I'll go rob Fort Knox and then people will tell >>>me what a successful businessman I am.
Gold isn't wealth. It's like paper money, just an agreed way to avoid >>barter. Its intrinsic value is small.
Au contraire, mon ami. Gold is *nothing* like paper money. Paper money
can be printed to any level you like, which is inflationary. You can't
do that with gold. It's a finite resource. You can't print more of it.
And you say its intrinsic value is small, but is $3,800 an ounce (as
it currently is roughly) "small" to you? You must be *very* rich if it
is!
If we mined asteriods for gigatons of gold or platinum or diamonds,
their value would crater.
Agreed. But how likely is that in the foreseeable future?
The european economy grew because of local productivity. The "stolen" >>catalysts were sugar and coffee and chocolate.
The *real* capital of Europe was brains. Ideas. People with vision.
They are innumerable. If you dig into it, you find again and again
that the greatest thinkers and doers in the world came from primarily
two countries: Germany and England. For some reason the Lefties hate
that uncomfortable little fact. But that's another story.
John Larkin
Highland Tech Glen Canyon Design Center
Lunatic Fringe Electronics
On Wed, 01 Oct 2025 07:20:06 -0700, john larkin <jl@glen--canyon.com>
wrote:
On Sun, 28 Sep 2025 21:59:48 -0400, bitrex <user@example.net> wrote:
On 9/28/2025 7:47 PM, Cursitor Doom wrote:
That's what the Liberal schemers and dreamers promised everyone...
https://x.com/i/status/1925884987414298924
European capitalism was such a successful economic philosophy that they
only had to steal half of Africa's gold to do it! Hard to argue with
success like that. Maybe I'll go rob Fort Knox and then people will tell >>> me what a successful businessman I am.
Gold isn't wealth. It's like paper money, just an agreed way to avoid
barter. Its intrinsic value is small.
Au contraire, mon ami. Gold is *nothing* like paper money. Paper money
can be printed to any level you like, which is inflationary. You can't
do that with gold. It's a finite resource. You can't print more of it.
And you say its intrinsic value is small, but is $3,800 an ounce (as
it currently is roughly) "small" to you? You must be *very* rich if it
is!
If we mined asteriods for gigatons of gold or platinum or diamonds,
their value would crater.
Agreed. But how likely is that in the foreseeable future?
The european economy grew because of local productivity. The "stolen"
catalysts were sugar and coffee and chocolate.
The *real* capital of Europe was brains. Ideas. People with vision.
They are innumerable. If you dig into it, you find again and again
that the greatest thinkers and doers in the world came from primarily
two countries: Germany and England. For some reason the Lefties hate
that uncomfortable little fact. But that's another story.
On Wed, 01 Oct 2025 18:02:07 +0100, Cursitor Doom <cd@notformail.com>
wrote:
On Wed, 01 Oct 2025 07:20:06 -0700, john larkin <jl@glen--canyon.com>
wrote:
On Sun, 28 Sep 2025 21:59:48 -0400, bitrex <user@example.net> wrote:
On 9/28/2025 7:47 PM, Cursitor Doom wrote:
That's what the Liberal schemers and dreamers promised everyone...
https://x.com/i/status/1925884987414298924
European capitalism was such a successful economic philosophy that they >>>> only had to steal half of Africa's gold to do it! Hard to argue with
success like that. Maybe I'll go rob Fort Knox and then people will tell >>>> me what a successful businessman I am.
Gold isn't wealth. It's like paper money, just an agreed way to avoid
barter. Its intrinsic value is small.
Au contraire, mon ami. Gold is *nothing* like paper money. Paper money
can be printed to any level you like, which is inflationary. You can't
do that with gold. It's a finite resource. You can't print more of it.
And you say its intrinsic value is small, but is $3,800 an ounce (as
it currently is roughly) "small" to you? You must be *very* rich if it
is!
The point is that it would be worth far less if it was just another industrial metal.
If we mined asteriods for gigatons of gold or platinum or diamonds,
their value would crater.
Agreed. But how likely is that in the foreseeable future?
Not much. But diamonds are fairly easy to make now.
The european economy grew because of local productivity. The "stolen"
catalysts were sugar and coffee and chocolate.
The *real* capital of Europe was brains. Ideas. People with vision.
I agree. The "means of production" is ideas. Which Marxists destroy
when they try to seize it.
On Sun, 28 Sep 2025 21:59:48 -0400, bitrex <user@example.net> wrote:
On 9/28/2025 7:47 PM, Cursitor Doom wrote:
That's what the Liberal schemers and dreamers promised everyone...
https://x.com/i/status/1925884987414298924
European capitalism was such a successful economic philosophy that they
only had to steal half of Africa's gold to do it! Hard to argue with
success like that. Maybe I'll go rob Fort Knox and then people will tell
me what a successful businessman I am.
Gold isn't wealth. It's like paper money, just an agreed way to avoid
barter. Its intrinsic value is small.
If we mined asteriods for gigatons of gold or platinum or diamonds,
their value would crater.
The european economy grew because of local productivity. The "stolen" catalysts were sugar and coffee and chocolate.
On Wed, 01 Oct 2025 18:02:07 +0100, Cursitor Doom <cd@notformail.com>
wrote:
On Wed, 01 Oct 2025 07:20:06 -0700, john larkin <jl@glen--canyon.com> >>wrote:
On Sun, 28 Sep 2025 21:59:48 -0400, bitrex <user@example.net> wrote:
On 9/28/2025 7:47 PM, Cursitor Doom wrote:
That's what the Liberal schemers and dreamers promised everyone...
https://x.com/i/status/1925884987414298924
European capitalism was such a successful economic philosophy that they >>>>only had to steal half of Africa's gold to do it! Hard to argue with >>>>success like that. Maybe I'll go rob Fort Knox and then people will tell >>>>me what a successful businessman I am.
Gold isn't wealth. It's like paper money, just an agreed way to avoid >>>barter. Its intrinsic value is small.
Au contraire, mon ami. Gold is *nothing* like paper money. Paper money
can be printed to any level you like, which is inflationary. You can't
do that with gold. It's a finite resource. You can't print more of it.
And you say its intrinsic value is small, but is $3,800 an ounce (as
it currently is roughly) "small" to you? You must be *very* rich if it
is!
The point is that it would be worth far less if it was just another >industrial metal.
If we mined asteriods for gigatons of gold or platinum or diamonds,
their value would crater.
Agreed. But how likely is that in the foreseeable future?
Not much. But diamonds are fairly easy to make now.
--- Synchronet 3.21a-Linux NewsLink 1.2
The european economy grew because of local productivity. The "stolen" >>>catalysts were sugar and coffee and chocolate.
The *real* capital of Europe was brains. Ideas. People with vision.
I agree. The "means of production" is ideas. Which Marxists destroy
when they try to seize it.
They are innumerable. If you dig into it, you find again and again
that the greatest thinkers and doers in the world came from primarily
two countries: Germany and England. For some reason the Lefties hate
that uncomfortable little fact. But that's another story.
John Larkin
Highland Tech Glen Canyon Design Center
Lunatic Fringe Electronics
John Larkin
Highland Tech Glen Canyon Design Center
Lunatic Fringe Electronics
On 2/10/2025 12:04 pm, john larkin wrote:
On Wed, 01 Oct 2025 18:02:07 +0100, Cursitor Doom <cd@notformail.com>
wrote:
On Wed, 01 Oct 2025 07:20:06 -0700, john larkin <jl@glen--canyon.com>
wrote:
On Sun, 28 Sep 2025 21:59:48 -0400, bitrex <user@example.net> wrote:
On 9/28/2025 7:47 PM, Cursitor Doom wrote:
That's what the Liberal schemers and dreamers promised everyone... >>>>>>
https://x.com/i/status/1925884987414298924
European capitalism was such a successful economic philosophy that they >>>>> only had to steal half of Africa's gold to do it! Hard to argue with >>>>> success like that. Maybe I'll go rob Fort Knox and then people will tell >>>>> me what a successful businessman I am.
Gold isn't wealth. It's like paper money, just an agreed way to avoid
barter. Its intrinsic value is small.
Au contraire, mon ami. Gold is *nothing* like paper money. Paper money
can be printed to any level you like, which is inflationary. You can't
do that with gold. It's a finite resource. You can't print more of it.
And you say its intrinsic value is small, but is $3,800 an ounce (as
it currently is roughly) "small" to you? You must be *very* rich if it
is!
The point is that it would be worth far less if it was just another
industrial metal.
If we mined asteriods for gigatons of gold or platinum or diamonds,
their value would crater.
Agreed. But how likely is that in the foreseeable future?
Not much. But diamonds are fairly easy to make now.
The european economy grew because of local productivity. The "stolen"
catalysts were sugar and coffee and chocolate.
The *real* capital of Europe was brains. Ideas. People with vision.
I agree. The "means of production" is ideas. Which Marxists destroy
when they try to seize it.
The Marxists in China are churning out about 80% of the solar cells >produced. That's pretty creative destruction. They are doing pretty well
in wind turbines and electric cars too.
Authoritarians - like Donald Trump - aren't good for industrial
production, but the Chinese seem to be somewhat less authoritarian than >regular Marxists.
Mikhail Bakunin did object to Karl Marx's political ideas - which were >authoritatian - on the basis that socialism needed more flexible
politics. The Chinese do seem to have got some way towards proving
Bakunin right. Whether they can continue to be creative is an open
question -
On Wed, 01 Oct 2025 19:04:17 -0700, john larkin <jl@glen--canyon.com>
wrote:
On Wed, 01 Oct 2025 18:02:07 +0100, Cursitor Doom <cd@notformail.com> >>wrote:
On Wed, 01 Oct 2025 07:20:06 -0700, john larkin <jl@glen--canyon.com> >>>wrote:
On Sun, 28 Sep 2025 21:59:48 -0400, bitrex <user@example.net> wrote:
On 9/28/2025 7:47 PM, Cursitor Doom wrote:
That's what the Liberal schemers and dreamers promised everyone... >>>>>>
https://x.com/i/status/1925884987414298924
European capitalism was such a successful economic philosophy that they >>>>>only had to steal half of Africa's gold to do it! Hard to argue with >>>>>success like that. Maybe I'll go rob Fort Knox and then people will tell >>>>>me what a successful businessman I am.
Gold isn't wealth. It's like paper money, just an agreed way to avoid >>>>barter. Its intrinsic value is small.
Au contraire, mon ami. Gold is *nothing* like paper money. Paper money >>>can be printed to any level you like, which is inflationary. You can't
do that with gold. It's a finite resource. You can't print more of it. >>>And you say its intrinsic value is small, but is $3,800 an ounce (as
it currently is roughly) "small" to you? You must be *very* rich if it >>>is!
The point is that it would be worth far less if it was just another >>industrial metal.
Kinda stating the obvious there, John! Its value comes in large part
from its scarcity, same as just about every other in-demand commodity.
On Thu, 2 Oct 2025 15:09:35 +1000, Bill Sloman <bill.sloman@ieee.org>
wrote:
On 2/10/2025 12:04 pm, john larkin wrote:
On Wed, 01 Oct 2025 18:02:07 +0100, Cursitor Doom <cd@notformail.com>
wrote:
On Wed, 01 Oct 2025 07:20:06 -0700, john larkin <jl@glen--canyon.com>
wrote:
On Sun, 28 Sep 2025 21:59:48 -0400, bitrex <user@example.net> wrote: >>>>>
On 9/28/2025 7:47 PM, Cursitor Doom wrote:
The european economy grew because of local productivity. The "stolen" >>>>> catalysts were sugar and coffee and chocolate.
The *real* capital of Europe was brains. Ideas. People with vision.
I agree. The "means of production" is ideas. Which Marxists destroy
when they try to seize it.
The Marxists in China are churning out about 80% of the solar cells
produced. That's pretty creative destruction. They are doing pretty well
in wind turbines and electric cars too.
Authoritarians - like Donald Trump - aren't good for industrial
production, but the Chinese seem to be somewhat less authoritarian than
regular Marxists.
Marxism always devolves to The Party getting rich at the expense of
the workers.
Mikhail Bakunin did object to Karl Marx's political ideas - which were
authoritatian - on the basis that socialism needed more flexible
politics. The Chinese do seem to have got some way towards proving
Bakunin right. Whether they can continue to be creative is an open
question -
Creative? The russians and the chinese mostly steal our ideas. And
usually mess them up.
On Thu, 02 Oct 2025 12:53:59 +0100, Cursitor Doom <cd@notformail.com>
wrote:
On Wed, 01 Oct 2025 19:04:17 -0700, john larkin <jl@glen--canyon.com>
wrote:
On Wed, 01 Oct 2025 18:02:07 +0100, Cursitor Doom <cd@notformail.com>
wrote:
On Wed, 01 Oct 2025 07:20:06 -0700, john larkin <jl@glen--canyon.com>
wrote:
On Sun, 28 Sep 2025 21:59:48 -0400, bitrex <user@example.net> wrote: >>>>>
On 9/28/2025 7:47 PM, Cursitor Doom wrote:
That's what the Liberal schemers and dreamers promised everyone... >>>>>>>
https://x.com/i/status/1925884987414298924
European capitalism was such a successful economic philosophy that they >>>>>> only had to steal half of Africa's gold to do it! Hard to argue with >>>>>> success like that. Maybe I'll go rob Fort Knox and then people will tell >>>>>> me what a successful businessman I am.
Gold isn't wealth. It's like paper money, just an agreed way to avoid >>>>> barter. Its intrinsic value is small.
Au contraire, mon ami. Gold is *nothing* like paper money. Paper money >>>> can be printed to any level you like, which is inflationary. You can't >>>> do that with gold. It's a finite resource. You can't print more of it. >>>> And you say its intrinsic value is small, but is $3,800 an ounce (as
it currently is roughly) "small" to you? You must be *very* rich if it >>>> is!
The point is that it would be worth far less if it was just another
industrial metal.
Kinda stating the obvious there, John! Its value comes in large part
from its scarcity, same as just about every other in-demand commodity.
Gold is special. Lots of scarce things are worth maybe 1% as much.