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Comment: Re:What? (Score 1) 752

by segedunum (#47506547) Attached to: Predicting a Future Free of Dollar Bills

http://en.wikipedia.org/wiki/U...

Explain how those were the result of fiat currency.

Every single fiat currency since the dawn of time has failed, without exception, and with terrible results. In between, every thirty or forty years or so we get a slightly different currency, some partly 'backed' by gold, some completely fiat, but they all fail in the end.

Odd - I did well in both 2001 and 2008, and although I have hard investments, I simply didn't invest where the "smart" people said I should. I invested in what I knew would work. That's where most of my money went, and then returned with profit.

I believe you. Even if you have, you got lucky and you're not the 90% I'm afraid, which is my point.

Even more odd is that you think that the fiscal insanity was caused by fiat currency, when in fact, most was caused by lack of regulation, mortgage originators who had no fiscal stake in the process, leading to mortgages to people who never should have them, and the insanity ne plus ultra - the 50 year morgage. a favorite of 80 year olds.

The lack of regulation comes from creating fiat in large amounts with wild abandon for those well connected. It's pretty damn obvious frankly.

Dude, any Government that can make everyone's electronic money worthless, can take your Gold

There will be no government.....because no one will be able to afford one.

Comment: Re:This propaganda is worse than 2003 Iraq fiasco. (Score 1) 665

by segedunum (#47503947) Attached to: Russian Government Edits Wikipedia On Flight MH17

Dunno what China has to do with any of this, but if you fear a war is coming, maybe you should tell Putin to stop? Because he's the one hell-bent on conquering his neighbours, which is what this is about.

The only country hell-bent on war is the United States because their power and influence in the world is waning and the sun is very rapidly setting on their empire, such that it is.

Comment: Re:It gets worse... (Score 1) 665

by segedunum (#47503935) Attached to: Russian Government Edits Wikipedia On Flight MH17

These missiles were supplied by the Russians.

Really, because the only side known to absolutely have such anti-aircraft missiles are Ukraine, and they've used them to shoot down an airliner before.

For Russia or the pro-Russian militia to argue otherwise is incredulously sad, pathetic and stupid. Shameful.

As opposed to all the other unsubstantiated propaganda?

Comment: Re:Let us keep our thoughts with our Kremlin frien (Score 1) 665

by segedunum (#47503905) Attached to: Russian Government Edits Wikipedia On Flight MH17

When did they do this before? If they had, we would have definitely heard about it because YOUR dictator Putin would never shut up about it if it did. Fuck off, Russian troll!

Let me Google that for you you idiot:

http://en.wikipedia.org/wiki/S...

Put simply, we already know Ukraine has the equipment, and they've used it.

Comment: Re:Let us keep our thoughts with our Kremlin frien (Score 1) 665

by segedunum (#47503889) Attached to: Russian Government Edits Wikipedia On Flight MH17

My guess is that the Russians gave their people/proxies in eastern Ukraine enough training to shoot something down, but not to clearly ascertain what they were shooting at.

Errrrr, no. Russians don't do that nor are they going to provide any equipment that will incriminate them. People forget that for all westerners believe they are a bunch of irresponsible peasants these people play a heck of a lot of chess, which means they sit back, investigate, take stock and when they make their move you don't even knows it's happened. Russia is not some tinpot country in some backwater and that's what makes the current situation so dangerous.

Comment: Re:Its who expected a profit, not who realized pro (Score 1) 665

by segedunum (#47503825) Attached to: Russian Government Edits Wikipedia On Flight MH17

The simple fact is that the Russian backed separatists *believed* they were firing at a Ukrainian military transport.

The simple fact is that neither you nor anyone else knows that at all, and it hasn't been established that Russia has even given the separatists anti-aircraft missiles not to mention the training required. Moscow might provide subtle help, but not that kind of help. Ukraine, on the other hand does, and they've already shot down an airliner with them before. That's the only 'very basic logic error' here.

Comment: Re:Update yo software (Score 1) 164

by segedunum (#47482649) Attached to: New Mayhem Malware Targets Linux and UNIX-Like Servers
A backup policy isn't going to help you here. The machine still needs to be re-installed via whatever method you choose along with the associated downtime and disruption - and then you do your restores. No one with any experience at all does 'auto' updating. Updates are scheduled in if they are needed.

Comment: Re:What? (Score 1) 752

by segedunum (#47449307) Attached to: Predicting a Future Free of Dollar Bills

It's all a game, and there was always too much paper floating around to make a gold standard serious.

I love to hear people talk about money, and particularly their idea of a 'gold standard' and what 'problems' it caused, obviously without the faintest idea of what they're talking about. Mind you, you're among some exalted economists in that regard,s so don't feel too bad. I suggest you go and read some Adam Smith first of all.

Fiat money is simply a numbers game. We were given a warning in 2008 that that numbers game will not continue but that's obviously fallen on deaf ears. The irony is that the rich have got richer since then because they bought into hard assets - art, shares, property, land, gold, silver, rare artifacts (there's a reason they did that) - while those who had a regular salary and saved in dollars, euros or whatever have got continually squeezed and could afford less in real assets. It never ceases to amaze me how the ignorant get attached to their little fiat currency denominations.

The rest of the world will just move on, and stand in line for their mark of the beast. The good news is they can pay for that online.

Good luck with that, because they are increasingly unlikely to want your useless electronic numbers that you place so much value on. The ECB is going to create a whole lot more of them.

Comment: Re:Meh. (Score 3, Interesting) 116

by segedunum (#47220307) Attached to: Physical Media: Down, But Maybe Not Out
That's the problem I have with watching movies online. As soon as online movie services feel they have reached a critical mass they'll be pulling all kinds of stunts to squeeze more money. Ever more draconian licensing (we all know it's coming), movies withdrawn without explanation and pricing based on pathetic attempts at trying to find your screen size. Disney thinks the latter revenue method is viable.

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