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Comment Re:Not really a surprise.... (Score 0) 219

Yes, but also this is a meaningless move by Germany in the real sense of the world, because it is still not demanding that all of its gold is returned by the USA immediately.

Of-course the German central bank authorities decided a couple of weeks back that it is better to pretend that the USA still has German gold and not raise any noise than to make it clear that its gold is gone. Germany requested the USA Fed to return its gold about 2 years ago, USA came out saying that it will return half of the gold within 7 year period but in 2 years only returned 1/100th of what it was supposed to, actually the numbers can be found here. In any case if Germany truly wanted to make a statement it would insist on the return of its gold, with the correct serial numbers on the bars and everything.

If Germany simply wanted to get the gold back it also has a choice of selling the gold in the market and getting dollars back, which the Fed could easily provide by creating them out of thin air as it always does, so that then Germany could buy the gold back in the market (of-course fewer tons could be bought since the prices would go up, but at least it wouldn't be a total loss as it is now). Any of this would be better than a useless symbolic gesture.

Comment Re:Moron Judge (Score 2) 135

Butcoin was supposed to be money, but so far it's far to volatile to be used as a unit of account in any serious sense.

Using it as a a unit of account is a regulatory definition, not an economic one. Money is still money even if there is no concept of "Bookkeeping."

Volatility doesn't enter in to the equation, during the Weimar republic the Mark was still the currency of Germany, even though hyperinflation made it essentially worthless. Just because it isn't a good store of value doesn't mean it isn't a store of value. What matters is it's ultimate utility to the users.

Comment Re: yes but (Score 0) 302

Your meta comments stopped making sense even during the last post, here:

In this case which would you support, the freedom of the employees to make their own choices or the freedom of HL to try to dictate those choices for them?

- what kind of logic is this? The 2 statements have nothing to do with each other.

Would I support freedom of employees or freedom of HL "to dictate"? You have squarely placed your bias into that very statement.

I support freedom of the individual AND I disagree with your premise that HL 'dictates' anything to anybody! Government dictates to HL AND to the employees by getting between them and changing the rules of the private contract.

As to 'sock puppet' nonsense, either you want to hear my answer to your comment or you do not. If you do not then state so clearly and I will not answer. If you do however want to have an answer, then you will have to accept that I can only leave 2 comments in 24 hour period on my main account and I have no choice but to use my backup account (which also can only be used twice in a day) and it should not matter to you how I left the comment, but it seems it does, which means you are not actually discussing anything here.

Comment Re:Bad programming (Score 2, Insightful) 113

Microsoft does a lot of its programming in India.

How much is 'a lot'? What %?

We all know that Indian programming is of poor quality, and the reason is not because Indian programmers are much less competent. It has more to do with the fact that in programming if two parties can't communicate completely unambiguously in one language then they have no hope of writing good software.

So that's a problem only with Indians? Not Chinese? Australians? Romanians? Turks? Russians? Nigerians?

If you hire those who can communicate well, where they came from is unimportant.

Comment Re:yes but (Score -1, Flamebait) 302

This case should not have anything to do with religion in the first place, people that run businesses must not be abused by the government and having their freedoms revoked just because they are running a business.

Government must not have any authority to dictate to people what type of compensation the employer and the employee agree upon. Government must not have any authority to dictate that compensation must be provided in a form of insurance or contraceptives or in form of any other product or currency that goes against the agreement between the actual 2 parties involved - a person buying labour and a person selling labour.

This is a win for freedom but not completely, because it mentions religion in the first place. Religion has nothing to do with this, it's about INDIVIDUAL FREEDOM.

Comment Re:more leisure time for humans! (Score 1) 530

There is nothing natural about a free market capitalist society allowing itself to be transformed from a society with more equitable distribution of capital into a society where very few people control most of the wealth and people are not really free to exchange goods, services and capital.

This is happening as the result of government regulations and because of public policies and not simply some sort of passive "deregulation" where the government steps back and does nothing. The government isn't deregulating. We have as much regulation as ever, it is just violently skewed towards protecting the vast and unbridled wealth of the rich while not diligently making sure that those without wealth have a level playing field in a free market.

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