Posted by Traditional Farmer on October 05, 2014 at 06:18:37 from (67.237.187.10):
In Reply to: Re: London price fix posted by MarkB_MI on October 04, 2014 at 14:55:02:
Paper money is fine as long as its pegged to something like Gold where more can't be printed unless the amount of Gold is increased the result is if the country issuing the money increases productivity then its paper increases in value but there is always a base to fall back on.Just the opposite now an infinite amount of Fiat money can be conjured up on the Feds Computer screen at a moments notice and that destroys the value of money people have in hand.Thats just what is happening the Fed pumps Billions of conjured money into the economy every month and basically its gone two different places 1)to buy US debt directly and indirectly and to inflate the stock market to give the illusion of economic prosperity when in actually the average person working for a living is loosing ground because of the it as prices rise and their savings are worth less.US Gov't roughly spends 1 Trillion$ more every year than it takes in or more than the economy is actually producing and prints most of the rest to make up the difference.Its been tried many times before by many countries thru history and it has NEVER worked so there is no reason to think the results will be any different this time around.
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Today's Featured Article - Hydraulics - Cylinder Anatomy - by Curtis von Fange. Let’s make one more addition to our series on hydraulics. I’ve noticed a few questions in the comment section that could pertain to hydraulic cylinders so I thought we could take a short look at this real workhorse of the circuit. Cylinders are the reason for the hydraulic circuit. They take the fluid power delivered from the pump and magically change it into mechanical power. There are many types of cylinders that one might run across on a farm scenario. Each one could take a chapter in
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