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"Darren New" <dne### [at] san rrcom> wrote in message
news:47f3a466@news.povray.org...
> Michael Zier wrote:
>> Well, as long as you know which one must be on your account... ;)
>
> I have a book on accounting software that has a page designed to be torn
> out that says
>
> "You must memorize this:
> Account Credit Debit
> Assets Decrease Increase
> Expense Decrease Increase
> Libilities Increase Decrease
Damn, I'm stuffed then...
~Steve~
> ....
> --
> Darren New / San Diego, CA, USA (PST)
> "That's pretty. Where's that?"
> "It's the Age of Channelwood."
> "We should go there on vacation some time."
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"Invisible" <voi### [at] devnull> wrote in message
news:47f392bf$1@news.povray.org...
> It's quite simple. All money comes *from* somewhere, and goes *to*
> somewhere else. Conservation of finance! :-D
Nope, there is no such thing as money. Someone posted a great video link
sometime last year(?) where it explains the situation fom the *very* start
of monetarianism.
Yep, we've got it in our pockets in a physical state, but it really isn't
real in the sense of world-wide governments.
~Steve~
> http://blog.orphi.me.uk/
> http://www.zazzle.com/MathematicalOrchid*
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"Invisible" <voi### [at] devnull> wrote in message
news:47f35986$1@news.povray.org...
> In my experience - and hell, what would I know about reality? - things
> don't just move of their own accord. There must be a *force* driving them.
> Otherwise we'd all by driving perpetual motion machines to work by now...
YES! Clockwork machines! ;)
~Steve~
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> Yep, we've got it in our pockets in a physical state, but it really
> isn't real in the sense of world-wide governments.
If you look on an English bank note, it says "I promise to pay the bearer on
demand the sum of xxx pounds". It basically comes from the fact that in the
old days you would drop off 100 pounds of gold at the bank and they'd give
you a 100 pound "note" that entitled you to the gold. Then people realised
it's easier to just trade these notes rather than actual gold.
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scott wrote:
>> Yep, we've got it in our pockets in a physical state, but it really
>> isn't real in the sense of world-wide governments.
>
> If you look on an English bank note, it says "I promise to pay the
> bearer on demand the sum of xxx pounds". It basically comes from the
> fact that in the old days you would drop off 100 pounds of gold at the
> bank and they'd give you a 100 pound "note" that entitled you to the
> gold. Then people realised it's easier to just trade these notes rather
> than actual gold.
--
http://blog.orphi.me.uk/
http://www.zazzle.com/MathematicalOrchid*
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You can buy 3mg of gold off me for 100 GBP if you want. Actually, seeing as
it's Friday I'll give you a special deal and give it to you for half price!
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scott wrote:
>
> You can buy 3mg of gold off me for 100 GBP if you want. Actually,
> seeing as it's Friday I'll give you a special deal and give it to you
> for half price!
Heh. Like I actually *need* gold for something...
--
http://blog.orphi.me.uk/
http://www.zazzle.com/MathematicalOrchid*
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> scott wrote:
>>
>> You can buy 3mg of gold off me for 100 GBP if you want. Actually,
>> seeing as it's Friday I'll give you a special deal and give it to you
>> for half price!
>
> Heh. Like I actually *need* gold for something...
"Since 1968 the price of gold on the open market has ranged widely, from
a high of $850/oz ($27,300/kg) on 21 January 1980, to a low of
$252.90/oz ($8,131/kg) on 21 June 1999 (London Gold Fixing)"
So... Want to buy 3mg for 100 GBP?
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scott wrote:
> If you look on an English bank note, it says "I promise to pay the
> bearer on demand the sum of xxx pounds".
American currency used to say essentially that. Then a decade later it
started saying "XXX oz of gold is on hand". Then it just switched to
"treat this like money or we'll shoot you."
--
Darren New / San Diego, CA, USA (PST)
"That's pretty. Where's that?"
"It's the Age of Channelwood."
"We should go there on vacation some time."
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Darren New wrote:
> scott wrote:
>> If you look on an English bank note, it says "I promise to pay the
>> bearer on demand the sum of xxx pounds".
>
> American currency used to say essentially that. Then a decade later it
> started saying "XXX oz of gold is on hand". Then it just switched to
> "treat this like money or we'll shoot you."
>
Somewhere between 'xxx pounds of gold' and 'we promise this is real
money' it went to 'xxx silver dollar coins available on demand'. That
didn't last too long either.
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