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Originally Posted by Skerlnik
Indeed. I wonder if this marks the end of our dominance.
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Yes.
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I have never understood exactly how an economy worked, not tied to actual gold, or whatever. A gold standard makes sense to me, as the dollar is respresenting a real value in a transcation, essentially a system of IOUs. Maybe I'm just stupid and simplistic.
I guess we can call this a "faith-based" economy?
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I believe it was intentionally engineered that way in order to make the citizenry dependent on the government.
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A panda walks into a cafe. He orders a sandwich, eats it, then draws a gun and fires two shots in the air.
"Why?" asks the confused waiter, as the panda makes toward the exit. The panda produces a badly punctuated wildlife manual and tosses it over his shoulder.
"I'm a panda," he says at the door. "Look it up."
The waiter turns to the relevant entry and, sure enough, finds an explanation.
"Panda. Large black-and-white bear-like mammal, native to China. Eats, shoots and leaves."
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