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Dunno

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    Nick Boyle

    in Baltimore Ravens

    Posted

    I heard, in a podcast prior to the draft, that he aside from being mostly a blocking TE is a great long snapper. I could see that being of interest given the injuries that occured at that position last year.

     

    This also begs the question, if you 3rd TE can long snap and say one of your backup interior OL, do you actually need a dedicated long snapper on the active roster or could you save that roster spot?

    Post Draft Thoughts

    in Baltimore Ravens

    Posted

    There are a few things in this draft that scare me, but otherwise it seems fairly good.

     

    I don't like first round picks with injury histories. Now he did play through most, if not all, of them, to his credit but still.

     

    The TE, Crockett Gillmore, to me seems similar to Quinn Sypniewski who the Ravens drafted in the 5th round. So drafting Gillmore in the 3rd seems like reaching by at least one round, but it is impossible in hindsight to tell whether he would have lasted another round or not.

     

    At the press conference after the draft when talking about the RB Lorenzo Taliaferro, his best attribute was described as pass protection... If it is pass protection you want then draft a h-back or a FB.

    American Debt

    in General Chat

    Posted · Edited by Dunno

    Not sure what you mean by the second part - are you unhappy with fractional reserve banking in general or some broader Fed policy, such as its own open market operations alluded to by your statement about inflation?

     

    As for the first statement: that's a load of crap.

    [...]

    The bottom line: so long as we have a good understanding of and faith in what the inflation level will be, we can make decisions wisely. But acting as if we could live in a world without inflation or, arguably worse, a world of deflation, is silly.

    Yes, because fractional reserve banking is equal to issuing unbacked credit, ie stealing from all the rest of us. Now clearly, you seem to be happy to be stolen from or doing the stealing, but that is your prerogative.

     

    Why is it stealing?

     

    Let's assume in a world there are 10 000 units of money and 10 000 units of products. The price would be 1 unit of money for every unit of product. If you own 1 000 units of money, you would be able to purchase 1 000 units of product. Now, the money supply is expanded by 1000 units, but since you are not the goverment or a primary dealer of the goverment, ie big bank, you do not get this money first.

     

    With 11 000 units of money, but still only 10 000 units of products, the price is now 1.1 unit of money for every unit of product. With your 1 000 units of money, you can now only buy 909 units of product. What happened to the other 81 units?

     

    If you don't believe that the issuer of money (ie goverment) has stolen those 91 units from you, what has happened to them? There are still 10 000 units of product, and you still have 1 000 units of money, yet you can suddenly purchase 91 units less.

     

    The same can be shown for inflation. If you start working at the age of 25 and put a dollar away and then bring it back out 40 years later in a world where inflation is 2.5 % (since the Fed recently changed it's language) how much of it's value is still there and what happened to the rest? I would argue that the goverment (or the issuer of money) stole the difference, but clearly you do not. So what happened to the difference if it was not stolen from you because you clearly put one dollar of value away, but bring out, well, how much of value?

     

    Deflation is the natural order of things. Why? Because as we do things, we as humans become better at it, we become smarter, invent new techniques and/or technologies. The supply of whatever it is we are producing increases and as supply increases, prices drop (absent weird goverment interventions or worse grants of monopolies).

     

    Now, you are free to explain why inflation is so great and why we need it when it isn't the natural order of things.

    American Debt

    in General Chat

    Posted

    Yeah. Lets keep spending and file backruptcy...Bankruptcy is a legal form of stealing.

     

    No, bankcruptcy is a legal way to force debt holders (who were stupid enough to lend you money) to take whatever assets you have and then be satisfied regardless of their actual value compared to the loans outstanding.

     

    Inflation on the other hand is a legal form of stealing by the goverment. So is the issuing of unbacked credit by the banks via the Fed for that matter.

     

    The guy makes a good point, the system will collapse, it's just a matter of determining how. Debt jubilee, hyper inflation, massive deflation, fascism (defined as state controlled capitalism) or maybe something else will eventually happen, but something will happen as the current path is unsustainable.

     

    Good to see Lauren Lyster back on Internet/TV although I preferred her previous show Capital Account. These snippets are a bit too short for my liking.

    Finally!

    in Baltimore Ravens

    Posted

    I'd take 5 years of Harbaugh over 5 years of Billick (obviously not counting 2000) every day of the week.

     

    After watching the train wreck that is the Jets now, I am not sure all the blame should be placed on Billick.

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