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Post by missouriboy on Apr 11, 2021 20:00:08 GMT
Good question. I don't really know. How about you Walnut? Pot farms? I'm not sure, but I have a theory. For reasons beyond the scope of this discussion, I spend a lot of time in far western North Carolina. As far as I can tell, the economy in that area consists of flea markets. I'm pretty sure the locals all sell each other their old stuff at these markets, and the stuff goes round and round like some sort of economic perpetual motion machine. Some stuff sometimes gets sold to the odd tourist. I haven't figured out how that affects the model, but I think it is a positive input. Perhaps the folks of the Ozarks have a similar arrangement? That's a good theory. but how do parts of it get converted to electricity, gasoline and other stuff they can't grow? Or is that all welfare. You could be on the cusp of a new economic model.
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Post by Ratty on Apr 11, 2021 23:03:49 GMT
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Post by Ratty on Apr 11, 2021 23:07:03 GMT
I'm not sure, but I have a theory. For reasons beyond the scope of this discussion, I spend a lot of time in far western North Carolina. As far as I can tell, the economy in that area consists of flea markets. I'm pretty sure the locals all sell each other their old stuff at these markets, and the stuff goes round and round like some sort of economic perpetual motion machine. Some stuff sometimes gets sold to the odd tourist. I haven't figured out how that affects the model, but I think it is a positive input. Perhaps the folks of the Ozarks have a similar arrangement? That's a good theory. but how do parts of it get converted to electricity, gasoline and other stuff they can't grow? Or is that all welfare. You could be on the cusp of a new economic model. They are already implementing the AOC plan:
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Post by missouriboy on Apr 12, 2021 0:08:43 GMT
At least the government is not paying for the flea markets. Theoretically. Those unwilling to work will change their mind when they get hungry enough.
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Post by walnut on Apr 12, 2021 1:12:59 GMT
That's a good theory. but how do parts of it get converted to electricity, gasoline and other stuff they can't grow? Or is that all welfare. You could be on the cusp of a new economic model. They are already implementing the AOC plan: We are already well into Universal Basic Income. The Fed more than doubled its QE bond holdings this year, the money printing has gone parabolic: fred.stlouisfed.org/series/TREASTfred.stlouisfed.org/series/M1SL
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Post by sigurdur on Apr 12, 2021 3:35:20 GMT
I'm not sure, but I have a theory. For reasons beyond the scope of this discussion, I spend a lot of time in far western North Carolina. As far as I can tell, the economy in that area consists of flea markets. I'm pretty sure the locals all sell each other their old stuff at these markets, and the stuff goes round and round like some sort of economic perpetual motion machine. Some stuff sometimes gets sold to the odd tourist. I haven't figured out how that affects the model, but I think it is a positive input. Perhaps the folks of the Ozarks have a similar arrangement? Who? Sig? I was behind the wheel. I don't stop for fleas, much to my wife's dismay.
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Post by missouriboy on Apr 12, 2021 3:48:17 GMT
Peter Schiff's prediction for serious inflation is looking ... well, serious. Gold and silver are on hold, but property and crypto are exploding. Property is more location dependent. Those on fixed incomes are likely to get seriously squeezed. But if all you do is sit around the basement and play video games ....
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Post by missouriboy on Apr 12, 2021 3:50:35 GMT
Who? Sig? I was behind the wheel. I don't stop for fleas, much to my wife's dismay. Then you missed the jug too.
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Post by missouriboy on Apr 12, 2021 13:46:10 GMT
Great Western Theme Songs from the Last Solar Minimum - Ennio Morricone
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Post by Ratty on Apr 12, 2021 23:03:55 GMT
Only nerds will get this ....
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Post by missouriboy on Apr 12, 2021 23:19:54 GMT
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Post by missouriboy on Apr 14, 2021 2:35:35 GMT
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Post by missouriboy on Apr 16, 2021 6:13:38 GMT
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Post by Ratty on Apr 16, 2021 12:09:04 GMT
In a criminal justice system based on 12 individuals, here is a jury to be proud of:
A defendant was on trial for murder.
There was strong evidence indicating guilt, but there was no corpse.
In the defence’s closing statement, the lawyer, knowing that his client would probably be convicted, resorted to a trick.
"Ladies and gentlemen of the jury, I have a surprise for you all," the lawyer said as he looked at his watch. "Within one minute, the person presumed dead in this case will walk into this courtroom." He looked toward the courtroom door.
The jurors, somewhat stunned, all looked on eagerly.
A minute passed. Nothing happened.
Finally the lawyer said, "Actually, I made up the previous statement. But you all looked on with anticipation. I, therefore, put it to you that you have a reasonable doubt in this case as to whether anyone was killed, and I insist that you return a verdict of not guilty."
The jury retired to deliberate.
A few minutes later, the jury returned and pronounced a verdict of guilty. "But how?" inquired the lawyer. "You must have had some doubt I saw all of you stare at the door."
The jury foreman replied: "Yes, we did look. But your client didn't."
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Post by Ratty on Apr 16, 2021 23:27:47 GMT
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