Diablo IV, Diablo 2 and Diablo 3 Forums - Diabloii.Net
Air-money
This is an off-shoot from this thread: http://diablo.incgamers.com/forums/showthread.php?t=707343&page=18
The contents of this first post are in response to post number 178 of the thread linked above.
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How about instead of dismissing me as ignorant, try answering my questions.
And, actually, I do know the solution to f'=af very well. Far better than most people in fact.
The idea that "the borrower is slave to the lender" is a very old idea (sez teh bible). Going into debt when you have no way to repay is "bad," but that isn't the same as a short term loan that you know can be repaid or borrowing to help complete an investment. No one denies (as you say) that borrowing when you can't repay sets you up to make small payments for the rest of your life (barring bankruptcy).
This air-money makes the economy fluid and is just fine as long as people don't lend out air-money that will never be repaid. The big problem is that some people are stupid (or short-sighted) enough to borrow money to buy things that they don't need and that don't help them make more money, and there are other people with air-money who are stupid (or short-sighted) enough to lend it to them. It is you who deny this much more obvious explanation that doesn't require secret societies and super secret handshakes.
You say that this whole system of "air-money" has enslaved us all. In what way exactly? And who are the slave owners? So the "big" secrets are widely known, but perhaps you could summarize? What are the small secrets? Or is it just that there must be something that explains all the rest of it?
This is an off-shoot from this thread: http://diablo.incgamers.com/forums/showthread.php?t=707343&page=18
The contents of this first post are in response to post number 178 of the thread linked above.
----------------------------------
How about instead of dismissing me as ignorant, try answering my questions.
I do not see how 10000 divided by 9 equals 9000. Please explain.
And, actually, I do know the solution to f'=af very well. Far better than most people in fact.
The idea that "the borrower is slave to the lender" is a very old idea (sez teh bible). Going into debt when you have no way to repay is "bad," but that isn't the same as a short term loan that you know can be repaid or borrowing to help complete an investment. No one denies (as you say) that borrowing when you can't repay sets you up to make small payments for the rest of your life (barring bankruptcy).
This air-money makes the economy fluid and is just fine as long as people don't lend out air-money that will never be repaid. The big problem is that some people are stupid (or short-sighted) enough to borrow money to buy things that they don't need and that don't help them make more money, and there are other people with air-money who are stupid (or short-sighted) enough to lend it to them. It is you who deny this much more obvious explanation that doesn't require secret societies and super secret handshakes.
You say that this whole system of "air-money" has enslaved us all. In what way exactly? And who are the slave owners? So the "big" secrets are widely known, but perhaps you could summarize? What are the small secrets? Or is it just that there must be something that explains all the rest of it?