Constitutionality of Delegating Authority to Independent Agencies (or: Calling BS on Zaku)

[Imran Siddiqui]

part of the definition of a dollar note

Which does not contradict KH said... and there is, again, that pesky supply and demand.

[KrazyHorse]

KH's theory that a dollar note is equal to a dollar note because it is a dollar note is...wrong

You just made my sig, double ****.

[zakubandit]

KH, the value of the note is marked on the note itself, which just says that a bank will honor the value of the note on the faith of credit of the US. Not because it itself is worth a dollar, which is what your saying.

[SlowwHand]

All that needs to happen is for people to decide to trade with quartz crystals.

[KrazyHorse]

An apple is an apple because it's an apple?

Not in zaku's mind.

[Imran Siddiqui]

KH, the value of the note is marked on the note itself, which just says that a bank will honor the value of the note on the faith of credit of the US. Not because it itself is worth a dollar, which is what your saying.

Superduper tardness achieved.

[zakubandit]

I have a theory. KH you seem to like to call me stupid for, I don't know...everything. So lets say that I told you that the sun will rise in the morning. My theory is that you are going to call me a "****" for believing that, saying that, or theorizing that. Want to prove my theory wrong?

[zakubandit]

Alright, what's the point. Nothing I say gets through. Direct information from government websites didn't work. Definitions didn't work. So obviously everything I say is wrong.

The sun will rise tomorrow morning, and it will set tomorrow evening.
We breathe air.
We are weightless in zero gravity.

Wait no, I am stupid and wrong. Hack and slash at me because those 3 statements must be wrong because I said them.

[KrazyHorse]

KH, the value of the note is marked on the note itself, which just says that a bank will honor the value of the note on the faith of credit of the US. Not because it itself is worth a dollar, which is what your saying.

This makes absolutely no sense whatsoever, you twit.

The US gov't doesn't promise ANYTHING about its currency. What, exactly do you think that they're promising? That a dollar is worth a dollar? I mean, sure, they adhere to the rules of logic as usually understood.

[Theben]

Basically this is mental masturbation about the true value of a dollar. Let's just end it by saying the value of anything is equal to the amount 2 or more humans agree it's worth.


EDIT:

that pesky supply and demand.

pretty much.

[zakubandit]

They are promising, you ****ing moron, that when you go to the bank with a wad of notes that those notes are backed by the faith of the US gov to be worth their noted amount. That amount will then be added to your account after your deposit. Notes are not worth anything in they're physical form, they are a certificate of value, a slip saying how much you get for it.

Let's try this again

value solely from the good faith of the issuing government

[Theben]

Considering how far off the OP this quickly became, I'm now thinking this is BenK's dl.

[ZEE]

Considering how far off the OP this quickly became, I'm now thinking this is BenK's dl.

it was all part of Darius's plan.

[KrazyHorse]

Basically this is mental masturbation about the true value of a dollar. Let's just end it by saying the value of anything is equal to the amount 2 or more humans agree it's worth.


EDIT:

that pesky supply and demand.

pretty much.

theben, I don't think you understand the problem: zaku doesn't think that a dollar is worth a dollar except based on faith in the US gov't. I think that "A is A" is pretty much a true statement.

The fact that dollars will buy other things is, of course, based on voluntary exchanges between individuals.

[Kontiki]

It doesn't look like mental masturbation to me, it looks like a complete and total lack of understanding by a single party as to what currency is.