Easy money - diyAudio
Go Back   Home > Forums > Member Areas > The Lounge

The Lounge A place to talk about almost anything but politics and religion.

Please consider donating to help us continue to serve you.

Ads on/off / Custom Title / More PMs / More album space / Advanced printing & mass image saving
Reply
 
Thread Tools Search this Thread
Old 3rd April 2010, 08:58 PM   #1
fotios is offline fotios  Greece
diyAudio Member
 
fotios's Avatar
 
Join Date: Feb 2007
Location: Δραμα - North Greece
Thumbs down Easy money

Yes, the money of today is very easy. It is light, because is a paper on which is typed the value. Paper is light. You can transport in a brief case e.g. one billion dollars. So light load...
Ancient Greeks had a monetary unit, the "TALANTON" which of the value was about 1 million dollars. Talanton weight was 30 Kg! So, the "golden boys of Wall Street" to pay someone with 1 billion "black" dollars in TALANTA (talanton in the plural), they had to transport 30 X 1000 = 30000 Kg or 30 tons of coins. Therefore, they need for the transport a truck instead a brief case. This has a true value because the weight, therefore TALANTON was not "easy money".

Fotios
__________________
Best Regards FOTIS ANAGNOSTOU
  Reply With Quote
Old 3rd April 2010, 09:07 PM   #2
tinitus is offline tinitus  Europe
diyAudio Moderator R.I.P.
 
Join Date: Nov 2005
If only the light weight of paper was the problem
Today they move money that doesnt even exist
__________________
sometimes we know very little, and sometimes we know too much
  Reply With Quote
Old 3rd April 2010, 09:33 PM   #3
fotios is offline fotios  Greece
diyAudio Member
 
fotios's Avatar
 
Join Date: Feb 2007
Location: Δραμα - North Greece
Yes, that is the immaterial money. That is the modern money which exists inside Hard Disks and is mooved only via cables. For this reason, if you open the brief case of a golden boy you can find inside only his snack and the last issue of Play Boy.
__________________
Best Regards FOTIS ANAGNOSTOU
  Reply With Quote
Old 3rd April 2010, 09:42 PM   #4
tinitus is offline tinitus  Europe
diyAudio Moderator R.I.P.
 
Join Date: Nov 2005
Wall Street
There have been something with the world biggest Bank being totally free of usual rules regarding handling oil money
They can do as they please, and they do

They earned a hell lot on manipulating the oil market
But the again, some of those money do return back into research
One problem tho is they stay away from anything not oil related

Im not sure I should be here, its a bit outside forum regulations, politics
__________________
sometimes we know very little, and sometimes we know too much
  Reply With Quote
Old 3rd April 2010, 09:51 PM   #5
wahab is offline wahab  Algeria
diyAudio Member
 
Join Date: Nov 2009
Location: algeria/france
Quote:
Originally Posted by fotios View Post
Yes, that is the immaterial money. That is the modern money which exists inside Hard Disks and is mooved only via cables. For this reason, if you open the brief case of a golden boy you can find inside only his snack and the last issue of Play Boy.

Fortunately, it s immaterial..
The US state debt is enough to make a pile of $100 bills
reaching the moon...
  Reply With Quote
Old 3rd April 2010, 10:50 PM   #6
fotios is offline fotios  Greece
diyAudio Member
 
fotios's Avatar
 
Join Date: Feb 2007
Location: Δραμα - North Greece
Quote:
Originally Posted by tinitus View Post
Wall Street
There have been something with the world biggest Bank being totally free of usual rules regarding handling oil money
They can do as they please, and they do

They earned a hell lot on manipulating the oil market
But the again, some of those money do return back into research
One problem tho is they stay away from anything not oil related

Im not sure I should be here, its a bit outside forum regulations, politics
We must not forget that there is a thing most precious from oil. Water.
By some way, that you said about oil money handling etc, has political dimensions so your bothering about violation of forum regulations is correct.
Oil is indispensable for our technological civilization of today.
Water is indispensable for the survive of human. Without water, human will be die in one week. So water handling it has not political dimensions. It has social dimensions. There is no rule inside forum, that prohibits discussion about social issues. Consequently, we could discuss free about water instead oil IMO. Of course, i am open in any objection regarding this.
__________________
Best Regards FOTIS ANAGNOSTOU
  Reply With Quote
Old 3rd April 2010, 10:56 PM   #7
russo is offline russo  Portugal
diyAudio Member
 
Join Date: Jan 2008
Location: Coimbra
Quote:
Originally Posted by wahab View Post
Fortunately, it s immaterial..
The US state debt is enough to make a pile of $100 bills
reaching the moon...
I can't understand is why every country as gigantic debts, but no one pays to no one, so where the hell is this "debt" coming from?
  Reply With Quote
Old 4th April 2010, 12:14 AM   #8
wahab is offline wahab  Algeria
diyAudio Member
 
Join Date: Nov 2009
Location: algeria/france
Quote:
Originally Posted by russo View Post
I can't understand is why every country as gigantic debts, but no one pays to no one, so where the hell is this "debt" coming from?
Continous borrowing and moreover, interests
that are running exponentialy...

In fact, all these debts have been re paid, but the interests
keeps them growing , since the current borrowings are just
enough to pay for current expenses shortfalls..
  Reply With Quote
Old 4th April 2010, 01:08 AM   #9
diyAudio Member
 
abraxalito's Avatar
 
Join Date: Sep 2007
Location: Hangzhou - Marco Polo's 'most beautiful city'. 700yrs is a long time though...
Blog Entries: 101
Send a message via MSN to abraxalito Send a message via Yahoo to abraxalito Send a message via Skype™ to abraxalito
Quote:
Originally Posted by russo View Post
I can't understand is why every country as gigantic debts, but no one pays to no one, so where the hell is this "debt" coming from?
Go to YouTube and search for 'money as debt' and learn! Debt is created out of thin air by banks according to the principles of fractional reserve banking. Of course people do pay - interest - which is the reason that debt keeps being created.

If the 'Money as debt' video whets your appetite, move on to viewing 'The Creature from Jekyll Island' by G. Edward Griffin. I found it enlightening...
__________________
No matter if we meanwhile surrender every value for which we stand, we must strive to cajole the majority into imagining itself on our side - Everett Dean Martin
  Reply With Quote
Old 4th April 2010, 02:14 AM   #10
diyAudio Member
 
jackinnj's Avatar
 
Join Date: Apr 2002
Location: Llanddewi Brefi, NJ
Quote:
Originally Posted by fotios View Post
Ancient Greeks had a monetary unit, the "TALANTON" which of the value was about 1 million dollars.
Pericles expected to spend 6,000 talents to finance the Peloponnesian War. At the time of the Peloponnesian War, a "talent" was enough to keep an Athenian ship floating and armed for a month (according to Donald Kagan's history of the war.)
  Reply With Quote

Reply


Hide this!Advertise here!
Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Best 6550's for the money.... wboyd Tubes / Valves 12 8th March 2007 01:58 PM
Preamp/value for money peterpan Solid State 0 30th October 2006 09:44 AM
Any better sub for the money? derekwwww Subwoofers 31 22nd February 2005 05:29 PM
Too Many Choices, Too little Money Mountain Man Multi-Way 6 28th December 2002 12:36 AM


New To Site? Need Help?

All times are GMT. The time now is 11:14 AM.


vBulletin Optimisation provided by vB Optimise (Pro) - vBulletin Mods & Addons Copyright © 2014 DragonByte Technologies Ltd.
Copyright 1999-2014 diyAudio

Content Relevant URLs by vBSEO 3.3.2