But our money isn't backed up by gold anymore? The government doesnt have the gold. You'd have to say he who has the printing press makes the rules.
But our money isn't backed up by gold anymore? The government doesnt have the gold. You'd have to say he who has the printing press makes the rules.
ews: snipped-for-privacy@4ax.com...
The gold standard is an anachronism. It was needed back in the day, but not anymore.
Remember what money is. All it does is establish relative value between goods and services so we don't have to barter.
The gold standard is an anachronism. It was needed back in the day, but not anymore.
Remember what money is. All it does is establish relative value between goods and services so we don't have to barter. _________________________________
But it prevents the government from inflating the dollar, by printing "money". Keeps the barter value equal between all entities. Print twice as much money, and you will require twice a many dollars for the same item.
genews: snipped-for-privacy@d7g2000prl.googlegroups.com...
You've gotta have a relatively disciplined government.
We haven't had much inflation for 25 years. One reason is that the Fed Chairman isn't an elected position.
That sort of transparency is why the dollar is the world's reserve currency.
What else would you call a business that uses automation to turn raw materials into finished product, without human intervention? People load and unload the machines, they don't cook food anymore.
Of course they recover it. They even have a name for it... 'Secret Sauce'. :)
"Michael A. Terrell" wrote in rec.crafts.metalworking:
Their "Secret Sauce" is nothing more than Thousand Island salad dressing.
That's been common knowledge for decades.
The question was not about the grease/coolant [they use the leftovers in what they jokingly refer to as "Ice Cream"] but what they do with the swarf.
Darn, I always thought it was "slimy sauce." As in, "Two all-rotten fatties, slimy sauce," etc.
-- Ed Huntress
I don't really care what they do anymore. I stopped eating there a while back, and the only thing I could eat was a plain cheeseburger. Nothing else would stay down long enough to digest. :(
Sounds perfect for the fat and lazy politicians.
"Ed Huntress" wrote in rec.crafts.metalworking:
On a Puppy-Peed Bun?
I forget the rest of it. I used to see the whole pitch on T-shirts. 'Haven't seen one for a while.
-- Ed Huntress
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