DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Where has all the money in the world gone?

**pupyississido** · 06-11-2012, 03:15 PM

Where is all the money? The short answer is, in the computer memory chips. It's digital for the most part.

This quote from the linked book is interesting. It could almost apply today.

Hard times are with us ;
the country is distracted ;
very few things are marketable at a price above the costof production ;
tens of thousands are out of employment ;
the jails, penitentiaries, workhouses and insane asylums are full ;
the gold reserve at Washington is sinking ;
the government is running at a loss with a deficit in everydepartment ;
a huge debt hangs like an appalling cloud over the country ;
taxes have assumed the importance of a mortgage, and 50 per cent of the public revenues are likely to go delinquent ;
hungered and half-starved men are banding into armies and marching toward Washington ;
the cry of distress is heard on every hand ;
business is paralyzed ; commerce is at a standstill ;
riots and strikes prevail throughout the land ;
schemes to remedy our ills when put into execution are smashed like box-cars in a railroad wreck, and Wall street looks in vain for an excuse to account for the failure of prosperityto return since the repeal of the silver purchase act.

06-11-2012, 03:15 PM	#11
pupyississido Join Date Oct 2005 Posts 598 Senior Member	Where is all the money? The short answer is, in the computer memory chips. It's digital for the most part. This quote from the linked book is interesting. It could almost apply today. Hard times are with us ; the country is distracted ; very few things are marketable at a price above the costof production ; tens of thousands are out of employment ; the jails, penitentiaries, workhouses and insane asylums are full ; the gold reserve at Washington is sinking ; the government is running at a loss with a deficit in everydepartment ; a huge debt hangs like an appalling cloud over the country ; taxes have assumed the importance of a mortgage, and 50 per cent of the public revenues are likely to go delinquent ; hungered and half-starved men are banding into armies and marching toward Washington ; the cry of distress is heard on every hand ; business is paralyzed ; commerce is at a standstill ; riots and strikes prevail throughout the land ; schemes to remedy our ills when put into execution are smashed like box-cars in a railroad wreck, and Wall street looks in vain for an excuse to account for the failure of prosperityto return since the repeal of the silver purchase act.
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