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  • Re: Linux, pricing and progress

    The distro's that attempt to commercialize their product and sell support, for example like Ubuntu/Debian do quiet well. If the linux community consolidated just a little and some of these smaller more rediculous distros finally closed up shop meanwhile re-allocating those efforts to build on an already well established distros. You could easily
    Posted to Economics Questions (Forum) by filc on Thu, Jun 25 2009
  • Re: Hilarious Emotional Outburst by Leftists

    Hello Jimmy, I don't mean to take away from previous posters comment but I did actually start a new thread. I would appreciate it if you could take a look at it at your leisure. Thanks. http://mises.org/Community/forums/p/8778/226241.aspx#226241
    Posted to General (Forum) by filc on Thu, Jun 25 2009
  • Question for Marxists, Socialists, ect...

    Post for JimmyJazz or whoever else wishes to engage. First off I know that since you are vastly outnumbered on this forum your placed at a disadvantage at the rate of which you can respond to every single individuals point. No matter how frivilous their argument may be. I realize that there are children everywhere. Posting on a forum with opposing ideologies
    Posted to Political Theory (Forum) by filc on Thu, Jun 25 2009
  • Re: Money Creation and Money Destruction.

    Harry, Thanks for your time and clarification. I nominated a previous post of yours as the suggested answer. Thanks again.
    Posted to Economics Questions (Forum) by filc on Tue, Jun 23 2009
  • Re: Money Creation and Money Destruction.

    Well stated. What about Loans like Pay-Day loans where the check is written directly to you then deposited into your personal checking account. That new money then goes to pay for general goods like grocieries or bills sometimes in the form of cash. The recipient of that new money then deposits into their bank. How does "their" bank know the
    Posted to Economics Questions (Forum) by filc on Tue, Jun 23 2009
  • Re: Money Creation and Money Destruction.

    [quote user="Harry Felker"] You are assuming that Bank A and B never communicate.... The loan check is a check from Bank A, so Bank A will let Bank B know that it is "credit", in the US system, which allows "B" to lend out 90% of the checks value ($9000). Once the loan is paid off with real money (in the future of the loan
    Posted to Economics Questions (Forum) by filc on Tue, Jun 23 2009
  • Re: Money Creation and Money Destruction.

    I have a question. What happens in the following scenario. 1) ManA Takes 10,000 loan out of BANKA 1) ManA Deposits the 10,000 check into BANKB. What does BANKB do with the newly created 10,000? Is it counted as a reserve? How does BANKB know that it was lent to him by a bank or by some other means? Maybe he sold alot of gold? As ManA Pay's back
    Posted to Economics Questions (Forum) by filc on Mon, Jun 22 2009
  • Question about National Budget and Dept

    Greetings, Is there a chart out there which demonstrates what percent of our annual expenses(United States Gov) are financed. Thanks.
    Posted to Economics Questions (Forum) by filc on Sat, Feb 21 2009
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