Random Thoughts: Cats, Oscars, and Coins

Dogs were domesticated. Cats were just made smaller.

If those movies nominated are the “best” pictures last year, then why didn’t I bother to go see any of them?

Can’t wait for the Oscars so they’ll explain to me the difference between “sound editing” and “sound mixing” again.

Not only does Jack Lew’s signature look like that, but he makes airplane noises when he writes it.

I can’t believe FOX News’s silly segment. They’re making this $1 trillion coin idea seem RIDICULOUS.

If we require background checks on all gun purchases and someone purchases a gun without a background check, he’ll be a criminal.

Financed by a trillion dollar coin, Obama could do a gun buyback where he offers $3000 per gun turned in.

So here’s the main thing confusing me about the $1 trillion dollar coin: Is money a real thing or not?

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12 Comments

  1. At the end of the Weimar Republic Germans had to literally carry about boxes of Deutchmarks to buy basics like bread because of the collapse of their economy.

    Yeah…that coin ain’t lookin’ so stupid now is it you wingnuts!

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  2. No. Money is not a real thing. It is only perceived value. 90% of the money in circulation exists as bits in computers.

    The procedural problem with the trillion $ coin is that the government sells debt to the Fed and they release the dollars. And, the government pays interest on that debt. So, if the government starts minting coins that do not pay interest – that automatically puts all government bonds into a subordinated debt position. Therefore, government bonds lose their risk free status. Values crash. Interest rates go up. Boom.

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  3. The thing about movie editing and sound mixing is that it’s important to the film, but nobody notices it when watching. They may notice when it’s done badly, but when it’s done properly you shouldn’t notice anything. You never walk away from a film thinking “Wow, what great editing”.

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