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foundations (Read 34809 times)
MeisterEckhart
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Re: foundations
Reply #345 - Mar 8th, 2024 at 7:10pm
 
freediver wrote on Mar 8th, 2024 at 6:54pm:
MeisterEckhart wrote on Mar 8th, 2024 at 6:42pm:
MeisterEckhart wrote on Mar 8th, 2024 at 6:39pm:
freediver wrote on Mar 8th, 2024 at 6:35pm:
Meister is this a fair summary of your arguments on Maasai money?

Cows were money. We know they were money because they were money. But you couldn't actually buy anything with them because of their immense value. So the Maasai invented a system of debts, which became due when they reached a cow. They were nomadic people so they carried the paperwork around with them.

Baskets were not money. We know they were not money because they were not money. But they were much more convenient as a medium of exchange than cows. Because they were not money, we call this bartering.

Because baskets were used in bartering they were not money. But because cows were used to buy things with, they were money. Even though you couldn't buy anything with them. Unless you got kidnapped and your cows wanted to buy you back. The Maasai occasionally wandered into the neighbours paddock and the cows had to go and buy them back. With themselves.

Are you Frank's twin brother?

Is this a fair summary of your arguments on money?

Only money can be money.


Not just me and Frank. I challenge you to find a single person who does not think you are being a bit silly here.

So only money can be money, then?
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MeisterEckhart
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Re: foundations
Reply #346 - Mar 8th, 2024 at 7:15pm
 
freediver wrote on Mar 8th, 2024 at 6:54pm:
MeisterEckhart wrote on Mar 8th, 2024 at 6:42pm:
MeisterEckhart wrote on Mar 8th, 2024 at 6:39pm:
freediver wrote on Mar 8th, 2024 at 6:35pm:
Meister is this a fair summary of your arguments on Maasai money?

Cows were money. We know they were money because they were money. But you couldn't actually buy anything with them because of their immense value. So the Maasai invented a system of debts, which became due when they reached a cow. They were nomadic people so they carried the paperwork around with them.

Baskets were not money. We know they were not money because they were not money. But they were much more convenient as a medium of exchange than cows. Because they were not money, we call this bartering.

Because baskets were used in bartering they were not money. But because cows were used to buy things with, they were money. Even though you couldn't buy anything with them. Unless you got kidnapped and your cows wanted to buy you back. The Maasai occasionally wandered into the neighbours paddock and the cows had to go and buy them back. With themselves.

Are you Frank's twin brother?

Is this a fair summary of your arguments on money?

Only money can be money.


Not just me and Frank. I challenge you to find a single person who does not think you are being a bit silly here.

Can rum be money?
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Setanta
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Re: foundations
Reply #347 - Mar 8th, 2024 at 7:17pm
 
MeisterEckhart wrote on Mar 8th, 2024 at 7:15pm:
freediver wrote on Mar 8th, 2024 at 6:54pm:
MeisterEckhart wrote on Mar 8th, 2024 at 6:42pm:
MeisterEckhart wrote on Mar 8th, 2024 at 6:39pm:
freediver wrote on Mar 8th, 2024 at 6:35pm:
Meister is this a fair summary of your arguments on Maasai money?

Cows were money. We know they were money because they were money. But you couldn't actually buy anything with them because of their immense value. So the Maasai invented a system of debts, which became due when they reached a cow. They were nomadic people so they carried the paperwork around with them.

Baskets were not money. We know they were not money because they were not money. But they were much more convenient as a medium of exchange than cows. Because they were not money, we call this bartering.

Because baskets were used in bartering they were not money. But because cows were used to buy things with, they were money. Even though you couldn't buy anything with them. Unless you got kidnapped and your cows wanted to buy you back. The Maasai occasionally wandered into the neighbours paddock and the cows had to go and buy them back. With themselves.

Are you Frank's twin brother?

Is this a fair summary of your arguments on money?

Only money can be money.


Not just me and Frank. I challenge you to find a single person who does not think you are being a bit silly here.

Can rum be money?


Salt?
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MeisterEckhart
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Re: foundations
Reply #348 - Mar 8th, 2024 at 7:21pm
 
Setanta wrote on Mar 8th, 2024 at 7:17pm:
MeisterEckhart wrote on Mar 8th, 2024 at 7:15pm:
freediver wrote on Mar 8th, 2024 at 6:54pm:
MeisterEckhart wrote on Mar 8th, 2024 at 6:42pm:
MeisterEckhart wrote on Mar 8th, 2024 at 6:39pm:
freediver wrote on Mar 8th, 2024 at 6:35pm:
Meister is this a fair summary of your arguments on Maasai money?

Cows were money. We know they were money because they were money. But you couldn't actually buy anything with them because of their immense value. So the Maasai invented a system of debts, which became due when they reached a cow. They were nomadic people so they carried the paperwork around with them.

Baskets were not money. We know they were not money because they were not money. But they were much more convenient as a medium of exchange than cows. Because they were not money, we call this bartering.

Because baskets were used in bartering they were not money. But because cows were used to buy things with, they were money. Even though you couldn't buy anything with them. Unless you got kidnapped and your cows wanted to buy you back. The Maasai occasionally wandered into the neighbours paddock and the cows had to go and buy them back. With themselves.

Are you Frank's twin brother?

Is this a fair summary of your arguments on money?

Only money can be money.


Not just me and Frank. I challenge you to find a single person who does not think you are being a bit silly here.

Can rum be money?


Salt?

Diamonds? Rubies? Emeralds? Pearls?

Tulip bulbs?
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Frank
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Re: foundations
Reply #349 - Mar 8th, 2024 at 7:24pm
 
MeisterEckhart wrote on Mar 8th, 2024 at 7:08pm:
Frank wrote on Mar 8th, 2024 at 7:00pm:
So you ARE a Hungarian.

I refer to the greatest hyperinflation in world history, unlikely ever to be exceeded, and I'm Hungarian, now?

Are you Zimbabwean?

Yes, you are a Hungarian. Everyone knows about Zimbabwe and Weimar Germany. Their hyperinflations are the cliches of hyperinflations. Only a Hungarian would know about their hyperinflations being even worse but amounting, still, to nothing.

Denmark never had hyperinflation. Nor England, Norway, Sweden. Hungary caught the German disease, being pseudo-Germans. Hungarians have all the chauvinism of the Germans without their work ethic.




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MeisterEckhart
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Re: foundations
Reply #350 - Mar 8th, 2024 at 7:25pm
 
A significant amount of evidence establishes that many things were traded in ancient markets that could be described as a medium of exchange. These included livestock and grain – things directly useful in themselves – but also merely attractive items such as cowrie shells or beads which were exchanged for more useful commodities.

https://en.wikipedia.org/wiki/History_of_money
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MeisterEckhart
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Re: foundations
Reply #351 - Mar 8th, 2024 at 7:27pm
 
Frank wrote on Mar 8th, 2024 at 7:24pm:
MeisterEckhart wrote on Mar 8th, 2024 at 7:08pm:
Frank wrote on Mar 8th, 2024 at 7:00pm:
So you ARE a Hungarian.

I refer to the greatest hyperinflation in world history, unlikely ever to be exceeded, and I'm Hungarian, now?

Are you Zimbabwean?

Yes, you are a Hungarian. Everyone knows about Zimbabwe and Weimar Germany. Their hyperinflations are the cliches of hyperinflations. Only a Hungarian would know about their hyperinflations being even worse but amounting, still, to nothing.


Oh really??!!

How does that explain the worldwide value of the Hungarian 100 Quintillion pengo note regularly being sold for over USD1000?

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Frank
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Re: foundations
Reply #352 - Mar 8th, 2024 at 8:15pm
 
MeisterEckhart wrote on Mar 8th, 2024 at 7:25pm:
A significant amount of evidence establishes that many things were traded in ancient markets that could be described as a medium of exchange. These included livestock and grain – things directly useful in themselves – but also merely attractive items such as cowrie shells or beads which were exchanged for more useful commodities.

https://en.wikipedia.org/wiki/History_of_money

Could be described.

Is there ANYTHING that could NOT be be described as...

A man today can be described as a woman.  He will use you if you descri be him as a man.




Wikipedia?? Really? I
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Estragon: I can’t go on like this.
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Frank
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Re: foundations
Reply #353 - Mar 8th, 2024 at 8:17pm
 
MeisterEckhart wrote on Mar 8th, 2024 at 7:27pm:
Frank wrote on Mar 8th, 2024 at 7:24pm:
MeisterEckhart wrote on Mar 8th, 2024 at 7:08pm:
Frank wrote on Mar 8th, 2024 at 7:00pm:
So you ARE a Hungarian.

I refer to the greatest hyperinflation in world history, unlikely ever to be exceeded, and I'm Hungarian, now?

Are you Zimbabwean?

Yes, you are a Hungarian. Everyone knows about Zimbabwe and Weimar Germany. Their hyperinflations are the cliches of hyperinflations. Only a Hungarian would know about their hyperinflations being even worse but amounting, still, to nothing.


Oh really??!!

How does that explain the worldwide value of the Hungarian 100 Quintillion pengo note regularly being sold for over USD1000?


You are still a Hungarian.

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Estragon: I can’t go on like this.
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MeisterEckhart
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Re: foundations
Reply #354 - Mar 8th, 2024 at 8:23pm
 
Frank wrote on Mar 8th, 2024 at 8:15pm:
A man today can be described as a woman. 

Take you, for instance.

Can rum be money?

How about salt?

Tulip bulbs?
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freediver
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Re: foundations
Reply #355 - Mar 8th, 2024 at 9:12pm
 
MeisterEckhart wrote on Mar 8th, 2024 at 7:10pm:
freediver wrote on Mar 8th, 2024 at 6:54pm:
MeisterEckhart wrote on Mar 8th, 2024 at 6:42pm:
MeisterEckhart wrote on Mar 8th, 2024 at 6:39pm:
freediver wrote on Mar 8th, 2024 at 6:35pm:
Meister is this a fair summary of your arguments on Maasai money?

Cows were money. We know they were money because they were money. But you couldn't actually buy anything with them because of their immense value. So the Maasai invented a system of debts, which became due when they reached a cow. They were nomadic people so they carried the paperwork around with them.

Baskets were not money. We know they were not money because they were not money. But they were much more convenient as a medium of exchange than cows. Because they were not money, we call this bartering.

Because baskets were used in bartering they were not money. But because cows were used to buy things with, they were money. Even though you couldn't buy anything with them. Unless you got kidnapped and your cows wanted to buy you back. The Maasai occasionally wandered into the neighbours paddock and the cows had to go and buy them back. With themselves.

Are you Frank's twin brother?

Is this a fair summary of your arguments on money?

Only money can be money.


Not just me and Frank. I challenge you to find a single person who does not think you are being a bit silly here.

So only money can be money, then?


You sure do like your circular reasoning.
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People who can't distinguish between etymology and entomology bug me in ways I cannot put into words.
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MeisterEckhart
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Re: foundations
Reply #356 - Mar 8th, 2024 at 9:26pm
 
freediver wrote on Mar 8th, 2024 at 9:12pm:
MeisterEckhart wrote on Mar 8th, 2024 at 7:10pm:
freediver wrote on Mar 8th, 2024 at 6:54pm:
MeisterEckhart wrote on Mar 8th, 2024 at 6:42pm:
MeisterEckhart wrote on Mar 8th, 2024 at 6:39pm:
freediver wrote on Mar 8th, 2024 at 6:35pm:
Meister is this a fair summary of your arguments on Maasai money?

Cows were money. We know they were money because they were money. But you couldn't actually buy anything with them because of their immense value. So the Maasai invented a system of debts, which became due when they reached a cow. They were nomadic people so they carried the paperwork around with them.

Baskets were not money. We know they were not money because they were not money. But they were much more convenient as a medium of exchange than cows. Because they were not money, we call this bartering.

Because baskets were used in bartering they were not money. But because cows were used to buy things with, they were money. Even though you couldn't buy anything with them. Unless you got kidnapped and your cows wanted to buy you back. The Maasai occasionally wandered into the neighbours paddock and the cows had to go and buy them back. With themselves.

Are you Frank's twin brother?

Is this a fair summary of your arguments on money?

Only money can be money.


Not just me and Frank. I challenge you to find a single person who does not think you are being a bit silly here.

So only money can be money, then?


You sure do like your circular reasoning.

That's my summary of your logic.
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freediver
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Re: foundations
Reply #357 - Mar 8th, 2024 at 9:39pm
 
MeisterEckhart wrote on Mar 8th, 2024 at 9:26pm:
freediver wrote on Mar 8th, 2024 at 9:12pm:
MeisterEckhart wrote on Mar 8th, 2024 at 7:10pm:
freediver wrote on Mar 8th, 2024 at 6:54pm:
MeisterEckhart wrote on Mar 8th, 2024 at 6:42pm:
MeisterEckhart wrote on Mar 8th, 2024 at 6:39pm:
freediver wrote on Mar 8th, 2024 at 6:35pm:
Meister is this a fair summary of your arguments on Maasai money?

Cows were money. We know they were money because they were money. But you couldn't actually buy anything with them because of their immense value. So the Maasai invented a system of debts, which became due when they reached a cow. They were nomadic people so they carried the paperwork around with them.

Baskets were not money. We know they were not money because they were not money. But they were much more convenient as a medium of exchange than cows. Because they were not money, we call this bartering.

Because baskets were used in bartering they were not money. But because cows were used to buy things with, they were money. Even though you couldn't buy anything with them. Unless you got kidnapped and your cows wanted to buy you back. The Maasai occasionally wandered into the neighbours paddock and the cows had to go and buy them back. With themselves.

Are you Frank's twin brother?

Is this a fair summary of your arguments on money?

Only money can be money.


Not just me and Frank. I challenge you to find a single person who does not think you are being a bit silly here.

So only money can be money, then?


You sure do like your circular reasoning.

That's my summary of your logic.


How did the Maasai store physical records of debts for sub-cow transactions?
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People who can't distinguish between etymology and entomology bug me in ways I cannot put into words.
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MeisterEckhart
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Posts: 11882
Gender: male
Re: foundations
Reply #358 - Mar 8th, 2024 at 9:40pm
 
freediver wrote on Mar 8th, 2024 at 9:39pm:
MeisterEckhart wrote on Mar 8th, 2024 at 9:26pm:
freediver wrote on Mar 8th, 2024 at 9:12pm:
MeisterEckhart wrote on Mar 8th, 2024 at 7:10pm:
freediver wrote on Mar 8th, 2024 at 6:54pm:
MeisterEckhart wrote on Mar 8th, 2024 at 6:42pm:
MeisterEckhart wrote on Mar 8th, 2024 at 6:39pm:
freediver wrote on Mar 8th, 2024 at 6:35pm:
Meister is this a fair summary of your arguments on Maasai money?

Cows were money. We know they were money because they were money. But you couldn't actually buy anything with them because of their immense value. So the Maasai invented a system of debts, which became due when they reached a cow. They were nomadic people so they carried the paperwork around with them.

Baskets were not money. We know they were not money because they were not money. But they were much more convenient as a medium of exchange than cows. Because they were not money, we call this bartering.

Because baskets were used in bartering they were not money. But because cows were used to buy things with, they were money. Even though you couldn't buy anything with them. Unless you got kidnapped and your cows wanted to buy you back. The Maasai occasionally wandered into the neighbours paddock and the cows had to go and buy them back. With themselves.

Are you Frank's twin brother?

Is this a fair summary of your arguments on money?

Only money can be money.


Not just me and Frank. I challenge you to find a single person who does not think you are being a bit silly here.

So only money can be money, then?


You sure do like your circular reasoning.

That's my summary of your logic.


How did the Maasai store physical records of debts for sub-cow transactions?

Can rum be money?
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freediver
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www.ozpolitic.com

Posts: 48833
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Re: foundations
Reply #359 - Mar 8th, 2024 at 9:41pm
 
MeisterEckhart wrote on Mar 8th, 2024 at 9:40pm:
freediver wrote on Mar 8th, 2024 at 9:39pm:
MeisterEckhart wrote on Mar 8th, 2024 at 9:26pm:
freediver wrote on Mar 8th, 2024 at 9:12pm:
MeisterEckhart wrote on Mar 8th, 2024 at 7:10pm:
freediver wrote on Mar 8th, 2024 at 6:54pm:
MeisterEckhart wrote on Mar 8th, 2024 at 6:42pm:
MeisterEckhart wrote on Mar 8th, 2024 at 6:39pm:
freediver wrote on Mar 8th, 2024 at 6:35pm:
Meister is this a fair summary of your arguments on Maasai money?

Cows were money. We know they were money because they were money. But you couldn't actually buy anything with them because of their immense value. So the Maasai invented a system of debts, which became due when they reached a cow. They were nomadic people so they carried the paperwork around with them.

Baskets were not money. We know they were not money because they were not money. But they were much more convenient as a medium of exchange than cows. Because they were not money, we call this bartering.

Because baskets were used in bartering they were not money. But because cows were used to buy things with, they were money. Even though you couldn't buy anything with them. Unless you got kidnapped and your cows wanted to buy you back. The Maasai occasionally wandered into the neighbours paddock and the cows had to go and buy them back. With themselves.

Are you Frank's twin brother?

Is this a fair summary of your arguments on money?

Only money can be money.


Not just me and Frank. I challenge you to find a single person who does not think you are being a bit silly here.

So only money can be money, then?


You sure do like your circular reasoning.

That's my summary of your logic.


How did the Maasai store physical records of debts for sub-cow transactions?

Can rum be money?


Because of its immense value?
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People who can't distinguish between etymology and entomology bug me in ways I cannot put into words.
WWW  
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