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OK
on 2007-07-03 22:47 [#02099645]
Points: 4791 Status: Lurker
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Carlos Slim is now the richest man in the world.
Fucking obscene that he lives in country where more than half of it's population lives in poverty.
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RussellDust
on 2007-07-03 22:55 [#02099648]
Points: 16078 Status: Regular
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yeah he should move out pronto
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marlowe
from Antarctica on 2007-07-04 02:33 [#02099669]
Points: 24588 Status: Lurker
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It's great that richest these days just means has the most money/is worth the most amount of gold rather than meaning a general abundance of something. (e.g. in the phrase A richness of spirit).
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w M w
from London (United Kingdom) on 2007-07-04 03:32 [#02099681]
Points: 21451 Status: Lurker
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Wow; never even heard of him. Money doesn't seem to be backed by gold anymore, in the usa federal reserve at least, according to some sources, or possibly conspiracy theories.
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swears
from junk sleep on 2007-07-04 03:43 [#02099688]
Points: 6474 Status: Lurker | Followup to w M w: #02099681
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It's not a conspiracy theory, it's an accepted fact that money is "backed up" by how much confidence people have in the market, not by anything as tangible as gold.
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pigster
from melbs on 2007-07-04 03:56 [#02099692]
Points: 4480 Status: Lurker
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O W N E D
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w M w
from London (United Kingdom) on 2007-07-04 04:03 [#02099694]
Points: 21451 Status: Lurker | Followup to swears: #02099688
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But the conspiracy/or true part is that the federal reserve just prints however the hell much money they want thus increasing inflation while trying to institute a nazi style world government under the dictatorship of Arnold Schwartzenneger. Oh and some politicians morph into lizards. At least that's what Alex Jones spams all over google video/youtube. He is a skilled talker but I suspect he is a sociopath starting some bizarre cult more successful than scientology because it is less loosly based on reality.
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swears
from junk sleep on 2007-07-04 04:58 [#02099712]
Points: 6474 Status: Lurker | Followup to w M w: #02099694
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Hmmm....
Inflation is kept under control because it's bad for rich people when the millions of dollars they invest doesn't show any profit over time due to high inflation.
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OK
on 2007-07-04 07:20 [#02099742]
Points: 4791 Status: Lurker | Followup to w M w: #02099681
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it's disturbing that money isn't really backed up by anything, it's value is just as valid as the value trading cards have. we're truly living in a wage-slavery system.
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