OT: possible replacement for manufacturing jobs

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.

Reply to
vinny
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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.

Reply to
Kurgan. presented by Gringioni

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.

Reply to
Calif Bill

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.

Reply to
Kurgan. presented by Gringioni

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.

Reply to
Michael A. Terrell

Of course they recover it. They even have a name for it... 'Secret Sauce'. :)

Reply to
Michael A. Terrell

"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.

Reply to
Eregon

Darn, I always thought it was "slimy sauce." As in, "Two all-rotten fatties, slimy sauce," etc.

-- Ed Huntress

Reply to
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. :(

Reply to
Michael A. Terrell

Sounds perfect for the fat and lazy politicians.

Reply to
Michael A. Terrell

"Ed Huntress" wrote in rec.crafts.metalworking:

On a Puppy-Peed Bun?

Reply to
Eregon

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

Reply to
Ed Huntress

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