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Identifying the inherent problems of a monetary system


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Way to go!

 

Only another 500 or so views and you attract as much attentions as other world changing subjects such as "Home Brew Guinness", "Training Hamsters" and "Are You Prepared For The Zombie Apocalypse".

 

http://www.sheffieldforum.co.uk/forumdisplay.php?f=11&sort=views&order=desc&daysprune=-1&page=85

 

Do you or any of your friends buy the sun?

Are celebrities more important than politicians, business people, teachers, doctors, scientists... seems so in this world I live in...

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Socialism does not utilize the scientific method. Decisions are still made by unqualified statesmen with half-assed opinions on any given subject rather then well educated experts.

 

 

 

Finally, something we can agree on.

 

 

The problem with experts seems to be that they rarely agree on anything

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I suggest you ask the people of North Korea.

 

:thumbsup:

 

Or because I acknowledge that there is an element of survival of the fittest in all living genes, whilst socialism tries to remove that natural inherent trait which in essence goes against the grain of evolution. Good foundation for ideals and policies, but it's unsustainable as a working model even just because we are all individuals.

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Finally, something we can agree on.

 

 

The problem with experts seems to be that they rarely agree on anything

 

The scientific method does not care for opinions. It looks at the evidence, creates a hypothesis based on it and then experiments to verify the hypothesis' validity. If experts disagree on a subject, it is either because the evidence is conflictiing with their bias or there simply isn't enough evidence to back their hypothesis.

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That metaphor doesn't apply here, because greed requires scarcity, but scarcity doesn't require greed.

 

You say that changing the system will eradicate scarcity, which will in turn eradicate greed (debatable but we'll go with it). But greed is what gave us the system and you are not going to be able to change it whilst the greed exists, fuelled by scarcity. Your theory has a chicken and egg dilemma to overcome.

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You say that changing the system will eradicate scarcity, which will in turn eradicate greed (debatable but we'll go with it). But greed is what gave us the system and you are not going to be able to change it whilst the greed exists, fuelled by scarcity. Your theory has a chicken and egg dilemma to overcome.

 

Greed isn't what gave us the system, scarcity did that. Greed is the outcome and had nothing to do with the making of this system. The monetary system itself survives on the circulation of money rather than the hoarding of it, despite the fact it's failing to do so.

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