Helpful ReplyI've got a million dollar idea!!!

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craigb
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2016/07/15 03:13:18 (permalink)

I've got a million dollar idea!!!

Yes!!!  I have an idea guaranteed to make a $1,000,000!!!
 
I'm willing to share the idea too.  For this information I think $100 is fair, don't you?*
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
*The actual method will be disseminated once 10,000 people have requested and paid for the information.

 
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jamesg1213
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Re: I've got a million dollar idea!!! 2016/07/15 03:44:13 (permalink) ☄ Helpfulby bapu 2016/07/18 16:36:52
My wife could end up with $1,000,000 in a week if she put her mind to it.
 
 
 
 
 
 
 
 
 
Of course, I'd need to give her $2,000,000 to start with...

 
Jyemz
 
 
 



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#2
craigb
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Re: I've got a million dollar idea!!! 2016/07/15 05:02:53 (permalink) ☄ Helpfulby bayoubill 2016/07/15 13:51:35
Hehe...  Reminds me of the old saying about trading commodities: "If you want to make a small fortune in the Commodities Market, start with a large fortune!"

 
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eph221
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Re: I've got a million dollar idea!!! 2016/07/15 08:04:41 (permalink)
craigb
Yes!!!  I have an idea guaranteed to make a $1,000,000!!!
 
I'm willing to share the idea too.  For this information I think $100 is fair, don't you?*
 
 
 
 
 
 
 Give it away free to the first 50 though!
 
 
 
 
 
 
 
 
 
 
 
 
 
 
*The actual method will be disseminated once 10,000 people have requested and paid for the information.




#4
craigb
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Re: I've got a million dollar idea!!! 2016/07/15 12:32:48 (permalink) ☄ Helpfulby Mesh 2016/07/15 12:52:51
eph221
 
 Give it away free to the first 50 though!
 
 


Hey, I'm not the government!

 
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Mesh
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Re: I've got a million dollar idea!!! 2016/07/15 12:35:36 (permalink)
Can anyone loan me fiver?
 

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craigb
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Re: I've got a million dollar idea!!! 2016/07/15 12:46:35 (permalink)
I can as soon as someone sends me their $100...

 
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bayoubill
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Re: I've got a million dollar idea!!! 2016/07/15 13:35:02 (permalink)
I just spent all my money!

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Mesh
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Re: I've got a million dollar idea!!! 2016/07/15 13:53:14 (permalink)
Money, it's a crime
Share it fairly but don't take a slice of my pie
Money, so they say
Is the root of all evil today
But if you ask for a rise it's no surprise that they're giving none away

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BobF
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Re: I've got a million dollar idea!!! 2016/07/15 14:59:59 (permalink)
I've always found it interesting that those that preach the evils of money are the same folks trying to take yours away from you.
 
Not that I expect it to happen, but I promise that once I have enough money to last the remainder of my years, I'll use the surplus to help mankind.  Wait ... strike that.  We need a promise thread to go with the apology thread.
 
Hold on a sec.
 
OKAY

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jamesg1213
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Re: I've got a million dollar idea!!! 2016/07/15 15:03:13 (permalink) ☄ Helpfulby BobF 2016/07/15 15:28:10
I always notice that people who say 'money doesn't make you happy' are usually the ones who have a lot of it. Strangely they seem to try and hang on to it, regardless.

 
Jyemz
 
 
 



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eph221
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Re: I've got a million dollar idea!!! 2016/07/15 15:14:14 (permalink) ☄ Helpfulby bayoubill 2016/07/15 16:11:20
I could give you a long trope using neo-freudian structuralism about morality and money but it's....  (controversial).  In fact this post might be controversial because I mentioned it was controversial!  What a great country!
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BobF
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Re: I've got a million dollar idea!!! 2016/07/15 15:17:14 (permalink)
eph221
I could give you a long trope using neo-freudian structuralism about morality and money but it's....  (controversial).  In fact this post might be controversial because I mentioned it was controversial!  What a great country!




Oh, c'mon.  Go ahead.  I haven't TL;DRed for a few days 

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#13
Mesh
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Re: I've got a million dollar idea!!! 2016/07/15 15:20:52 (permalink)
Money will generally make you "comfortable", but it won't bring you happiness or peace of heart. I personally know of 2 multi-millionaires who have more money than they know what to do with (externally), but inwardly, they're a complete mess......it's quite sad.   

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jamesg1213
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Re: I've got a million dollar idea!!! 2016/07/15 15:49:22 (permalink)
Mesh
Money will generally make you "comfortable", but it won't bring you happiness or peace of heart. I personally know of 2 multi-millionaires who have more money than they know what to do with (externally), but inwardly, they're a complete mess......it's quite sad.   




Yes, I work for one such. A couple of million quid tied up in classic cars and can't sleep at night.

 
Jyemz
 
 
 



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craigb
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Re: I've got a million dollar idea!!! 2016/07/15 20:31:09 (permalink)
The saying "Money is the root of all evil" is very incorrect.  The actual quote (take from 1 Timothy) is "Love of money is the root of all evil."  Money is to an economy what blood is to a body.  You need it, you need enough of it and, most importantly, it needs to be circulated.  Having too much accumulate in one place (the "Love of" part) causes other areas to not get enough.  
 
So send me a bunch and I'll be sure to spend it for the greater good! 

 
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BobF
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Re: I've got a million dollar idea!!! 2016/07/15 21:39:29 (permalink)
The idea that money can be horded resulting in a starved economy is wrong.  The amount of money in our economy is not finite.
 
The vast amount of "money" that gets horded is money on paper (not to be confused with paper money) anyway.

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#17
craigb
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Re: I've got a million dollar idea!!! 2016/07/15 22:20:15 (permalink)
BobF
The idea that money can be horded resulting in a starved economy is wrong.  The amount of money in our economy is not finite.
 
The vast amount of "money" that gets horded is money on paper (not to be confused with paper money) anyway.




Ah, not true!  This has nothing to do with a zero-sum game or socialistic ideals.  Wealth creation is extremely hampered when money isn't allowed to circulate sufficiently.  Unfortunately, you may see proof of this very soon (then things are REALLY going to get ugly in America!).

 
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BobF
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Re: I've got a million dollar idea!!! 2016/07/15 22:36:20 (permalink)
Circulation isn't hampered by accumulation.  Circulation is hampered by lack of borrowing.  Money in our economy is borrowed into existence. 

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DrLumen
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Re: I've got a million dollar idea!!! 2016/07/15 23:44:44 (permalink) ☄ Helpfulby bayoubill 2016/07/16 00:28:41
Not to get too political or serious but if you all want something interesting to watch you should check out "Requiem For The American Dream" on Netflix. It's almost scary how Noam Chomsky describes almost all of our current money and economic dilemmas, how they were set in stone hundreds of years ago and how they are coming to fruition.

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sharke
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Re: I've got a million dollar idea!!! 2016/07/15 23:45:17 (permalink)
Money does not directly buy you happiness, but it does buy you freedom. And happiness is much easier to achieve when you have that.

The best freedom that money buys you is the freedom to tell anyone you like to f*** off.

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craigb
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Re: I've got a million dollar idea!!! 2016/07/16 01:18:48 (permalink)
sharke
Money does not directly buy you happiness, but it does buy you freedom. And happiness is much easier to achieve when you have that.

The best freedom that money buys you is the freedom to tell anyone you like to f*** off.



You can even tell it to anyone you don't like too! 

 
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craigb
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Re: I've got a million dollar idea!!! 2016/07/16 01:35:27 (permalink)
BobF
Circulation isn't hampered by accumulation.  Circulation is hampered by lack of borrowing.  Money in our economy is borrowed into existence. 




Well, it's good to know that I'm having a discussion with someone who actually has a clue!  Most people don't understand how money is created.  However, I still stand by my point.  Without enough money to go around people can't borrow because they won't be able to show the ability to pay back the loan.  How the Fed killed most of the middle class (including me) back in 2008-9 included having the banks STOP all lending for a bit.  The reason there was a huge problem and the banks had to be bailed out stemmed from over-leveraging the borrowing process.  Originally, if someone deposited a dollar into a bank that institution would lend out nine dollars.  As those loans got paid back with "real" money and wealth was created (a HUGE point missed by socialists).  What caused the problem however, was when a bank lent money to another bank.  So now one "real" dollar got deposited, then nine were lent from one bank to another and that second institution then lent out 81 dollars which was based on one real dollar.  Unfortunately, (or by Fed design to create a collapse), these new loans were risky and very unsecured consisting mostly of real estate to people who couldn't pay back the loans and who had only put up between 0% and 5% down.  When everything came to a head and all banks stopped lending, the foreclosures started (a lot more happened, but that's the quick gist of it).  
 
Once it was all done, banks owned 1/3 of all residential properties (when they're not supposed to own any) and the Fed had managed to make TRILLIONS (which still can't be accounted for).  Since the banks themselves weren't the ones making the money, they had to be bailed out.  The reason the very top bank executives somehow still ended up with multi-million dollar bonuses is because they did exactly what the Fed wanted.  Almost everyone I know that got waxed blames the banks or the government, but it's really above them and, yes, they ARE hoarding it.

 
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BobF
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Re: I've got a million dollar idea!!! 2016/07/16 06:20:26 (permalink)
I think we're in agreement in how things work.  I'm hung up on the concept of hoarding and how the term applies here.  The scenario I don't like to be seen as real is the one where somebody thinks that the value of your net worth subtracts from what is available to 'go around' for everybody else.
 
I get what you're saying, but I would call that institutional or sanctioned robbery. 

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jamesg1213
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Re: I've got a million dollar idea!!! 2016/07/16 08:18:21 (permalink)
So...if they get the 81 dollars back, will it all be OK?

 
Jyemz
 
 
 



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#25
BobF
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Re: I've got a million dollar idea!!! 2016/07/16 10:11:28 (permalink)
Did you know that all Fed profits get given to the Treasury?

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craigb
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Re: I've got a million dollar idea!!! 2016/07/16 12:32:31 (permalink)
BobF
Did you know that all Fed profits get given to the Treasury?




They should, but they don't.  There's currently SIX TRILLION missing and unaccounted for.  There are videos out there of Congressmen inquiring about it but getting stone-walled.  In one, the top financial investigator the government has is asked about this and she admits that even her office doesn't have the authority to investigate the Fed (pretty much implying that they are untouchable).

 
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BobF
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Re: I've got a million dollar idea!!! 2016/07/16 13:28:30 (permalink)
IIRC, the missing $Ts are credit issues to other countries.  From what I've seen, the payments to the Treasury have been made.
 
Absolutely untouchable.  In a way it has to be that way.  If politicians could directly influence the Fed, we would have collapsed from hyper-inflation A Long Time Ago.  That's not to say that I'm a Fed Fan, but you damn sure don't want congress issuing themselves credit.

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#28
bapu
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Re: I've got a million dollar idea!!! 2016/07/18 16:24:42 (permalink)
jamesg1213
So...if they get the 81 dollars back, will it all be OK?


Only if the next shiny VST is on sale.
 
Otherwise......
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Re: I've got a million dollar idea!!! 2016/07/19 08:58:35 (permalink)
Hi,
 
I was, once, told by a psychic that one of the funny rules of life is the ... weirdest of them all. He says, when you got it, and think you just got it, give it away. .... you will be rewarded ten-fold!
 
"Having" something, usually means it will be gone tomorrow, or you/I will! End of chapter!

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