SippyCup

I have a group of friends who have very distant opinions on the types of things we like, and having friendly arguments over these things is one of the highlights of my week.

I daren't even enter a forum for any of those hobbies online.

I recently discovered that a band I like not only has a subreddit dedicated to hating it, there's another subreddit dedicated to making fun of the other subreddit. This is in addition to the main subreddit which, can you believe? Is filled with drama over the other two, in addition to gushing over the artist who, quite frankly, is only ok. It's kinda niche so they get a decent following just by filling in an undeserved market.

But if this artist ran over a nun after robbing a bank, it wouldn't even make front page news in LA.

Do you care what happens to the cylinder?

It is. The movie makes a half hearted attempt at tying the Odyssey to the bronze age collapse. It's like 5 lines in the entire movie, all of which can be cut entirely and the film would be slightly better for it. The movie is great, start to finish. But the bronze age collapse stuff definitely subtracts from the overall experience

That's the spirit

Don't tell me what I can't do

My God, I've seen people bend over backwards to misinterpret a comment before but that's Olympic level avoidance.

Just admit you can't prove your obvious bullshit dude

I understand it fine. At least the parts of what you said that are true anyway. Much of it is false but even if it weren't, I think you're misunderstanding my meaning.

Gold being used as a currency is ascribing to it an artificial value. It is no different than say, printing a number on a piece of paper and saying that paper is now valuable. It's a rock that we take out of the ground. If we tried as hard to dig up gold as we do digging up oil, we might eventually dig it all up in a few thousand years.

Oil has value because we use it for all kinds of crap. It's so useful we also trade it because it's valuable. This is true of every other commodity. Gold has so far outpaced its actual industrial value it's functionally just another currency, victim to the same manipulations as any other currency.

Gold differs from fiat currencies in that it cannot be inflated away by politicians and central bankers.

Citation needed. You'll find that not only can this happen, it has. Arguably this is currently happening. They can't just make more appear, but if that were the only thing driving it's value up, again, it's price over time would go down as we continue to extract more of it than we realistically need.

If you're worried about the collapse of currency, gold is a particularly bizarre investment. If the currency isn't worth anything, you wouldn't buy any of it with your gold. The people with currency aren't going to want gold, they will want things like food, and shelter.

Notably, during the several hyperinflation crises we can point to to study, at no point in any of them did citizens resort to using gold. They bartered with common crap that everyone needed.

That's assuming the worthless paper you have that says you own gold could ever actually be traded for gold in such a situation. Unless you have the physical actual factual gold in your possession, you just have a gold backed currency. Which is doubly worthless in an inflation crisis.

You do at least have the paper right? You don't just own numbers in an app?

If there is more gold, it's value should go down. The price should only go up when supply becomes limited, or some new thing demands more than usual.

Gold has a lot of practical use, but because it's value is hyper inflated it is almost always more cost effective to use a cheaper material. Which, incidentally, is driving the cost of those materials up.

I'm not saying gold should be the same price as copper. I am saying that in a rational environment the prices should be comparably similar.

As it is, gold is 10,000 times as expensive as copper.

More like the price of gold is artificially inflated far beyond any actual value.

This man has never been to a Sickie's bar and grill.

Hwæt seist þou, we habbeþ aye y-had follish ymages?