Is Khalid right in calling it a Ponzi scheme?
All value and investment in that sense is a ponzi scheme - if you can't sell X for more than you bought it then you lose.
A ponzi scheme is paying off current investors with future investors investments.
Search found 223 matches
- Thu Nov 22, 2012 2:40 am
- Forum: Political Philosophy
- Topic: The Dollar and world economy crash
- Replies: 77
- Views: 14640
- Thu Nov 22, 2012 1:33 am
- Forum: Political Philosophy
- Topic: The Dollar and world economy crash
- Replies: 77
- Views: 14640
Re: The Dollar and world economy crash
Personally I think we are missing the real politics of the situation. A country or person can produce whatever currency they like and it will be evaluated by the marketplace as to its worth.
Can Bill pay Mat for his I.O.U. if Mat thinks Bill can then the I.O.U has value.
Can Bill pay Mat for his I.O.U. if Mat thinks Bill can then the I.O.U has value.
- Thu Nov 22, 2012 1:20 am
- Forum: General Philosophical Discussion
- Topic: Please Support FREEDOM OF EXPRESSION AND FREEDOM OF SPEECH.
- Replies: 34
- Views: 7676
Re: Please Support FREEDOM OF EXPRESSION AND FREEDOM OF SPEE
England seems a pretty awful place to live these days.
- Wed Aug 22, 2012 1:00 pm
- Forum: Applied Ethics
- Topic: I got pregnant from Rape
- Replies: 28
- Views: 7431
Re: I got pregnant from Rape
From my understanding the man apologised for his statements and thinks much like we do. I wonder if it is not a case of you being played for political points by others.
- Sat Aug 11, 2012 11:15 am
- Forum: Philosophy of Religion
- Topic: Christianity's Immoral Foundation
- Replies: 113
- Views: 24163
Re: Christianity's Immoral Foundation
Mike or FiH - was there any evidence cited by you guys that Christianity suggests that we are all being punished for someone elses sins? It's just difficulty to justify responding to you and FiH because of this and because I hate to break up two people so happily agreeing with each other.
- Wed Aug 08, 2012 10:47 am
- Forum: Philosophy of Religion
- Topic: Christianity's Immoral Foundation
- Replies: 113
- Views: 24163
Re: Christianity's Immoral Foundation
There is nothing inconsistent in my view. You think it's immoral to punish children for the actions of their parents but children are routinely punished socially and economically for the actions of their parents so I propose that there is an inconsistency here unless you also support support some a...
- Sat Aug 04, 2012 9:19 am
- Forum: General Philosophical Discussion
- Topic: Verbal Abuse
- Replies: 26
- Views: 6443
Re: Verbal Abuse
Few people really engage with Satyr. Anyway. We all know that for many animals when they are born they are able to do so much more than human babies can. The need to walk straight away is so important for them to survive and so on. But a human baby can only cry. I somewhat think we have the better d...
- Sat Aug 04, 2012 8:58 am
- Forum: Philosophy of Religion
- Topic: Christianity's Immoral Foundation
- Replies: 113
- Views: 24163
Re: Christianity's Immoral Foundation
In the US, no one would seriously consider a law that called for the punishment of a child for the acts committed by the child's parents, especially if the acts ccurred before the child was born. People would be outraged at such a law, even Christians. Yet, the entire premise upon which Christianit...
- Wed Jul 04, 2012 1:55 pm
- Forum: Political Philosophy
- Topic: Capitalism .V. Socialism
- Replies: 57
- Views: 20637
Re: Capitalism .V. Socialism
Well that damns socialism.Alchemyst wrote:Socialism seems to have more intellectuals on its side.
- Thu Jun 28, 2012 1:58 pm
- Forum: Philosophy of Language
- Topic: Language
- Replies: 18
- Views: 6699
Re: Language
I tentatively suggest that seems to me to be begging the question.The Voice of Time wrote:If you dont have word for it you may not notice its existence. But youll see itWootah wrote:
I sometimes wonder that if we don't have a word for something then we can't see it. Do you agree?
- Tue May 29, 2012 1:25 pm
- Forum: General Philosophical Discussion
- Topic: Every rule has an exception
- Replies: 10
- Views: 5380
Re: Every rule has an exception
You challenge my manhood!!!! Actually I don't know what else I want to say Duszek. I had a crazy idea and threw it out there. But I'm happy to discuss it with you. all human beings have to die one day. - is not a rule is a fact of nature 2 plus 2 equals 4 - seems to me to prove my statement wrong. E...
- Tue May 29, 2012 1:13 pm
- Forum: Metaphysics
- Topic: Humans believe life is short and death is long.
- Replies: 31
- Views: 12046
Re: Humans believe life is short and death is long.
You should meet GreatestIAm. I am sure you will actually.
- Mon May 28, 2012 8:05 am
- Forum: General Philosophical Discussion
- Topic: Every rule has an exception
- Replies: 10
- Views: 5380
Re: Every rule has an exception
I would say: false. I can think of a rule that has no exceptions: all human beings have to die one day. Or: 2 plus 2 equals 4. I would therefore correct and say: Almost every rule has an exception. I'd say that answers that. Also of course wiki has something to say http://en.wikipedia.org/wiki/Exce...
- Sun May 27, 2012 5:35 am
- Forum: General Philosophical Discussion
- Topic: Every rule has an exception
- Replies: 10
- Views: 5380
Every rule has an exception
Every rule has an exception.
True or false?
(At the least the claim is not self contradictory.)
True or false?
(At the least the claim is not self contradictory.)
- Tue May 22, 2012 1:13 pm
- Forum: Articles in Philosophy Now
- Topic: The Alleged Fallacies of Evolutionary Theory
- Replies: 2
- Views: 2486
Re: The Alleged Fallacies of Evolutionary Theory
Oh I do like you.