|
Korean Job Discussion Forums "The Internet's Meeting Place for ESL/EFL Teachers from Around the World!"
|
View previous topic :: View next topic |
Author |
Message |
wooden nickels
Joined: 23 May 2010
|
Posted: Tue Jun 23, 2015 6:08 am Post subject: |
|
|
SocialParasite wrote: |
wooden nickels wrote: |
SocialParasite wrote: |
What is home? That arbitrarily set of lines drawn my cartographers and land-grabbers of times of yore that you were born within?
What amount of money would make one leave this "Korean nation" you say? Well what is money? Oh that's right, its that substance that allows me to continue consuming resources. Its those binary 1s and 0s in the digital realm or that paper with sweet looking Asian dudes impressed on it (who themselves commanded slave labor from their vantage point of the mandate of Heaven..or divine right of rule..but I digress). That's money right?
So if this paper that I receive every month becomes less than what I feel I should earn, I will go back to either my home or China and try to get more paper there... |
Good morning little grasshopper.
Cash is King. I work. I buy the things I need and want. Yes, if it becomes possible to instantly double or triple the amount of the paper with binary 1s and 0s I might consider moving to another country.
Life is good in these modern times. I can't think of any period in history where it was better. Long live the dollar, pound, peso, won, and little trinket.
Little grasshopper, one day you too will leave the single blade of grass and see the sunshine on the golden fields of wheat. |
Fiat currency is king? Since you are one so enamored with the acquisition of paper and binary digits...you do know what money is I presume. All currency in these great modern times that you speak of is devoid of value (not that money was a real thing in pre-agricultural civilizations). These golden fields of wheat that you speak of...where are they and from that vantage point what would I see? |
They are located one the second and third floor of EMart. This morning, I traded 80,000 won of paper money and a few coins (cash) for several big bags of food. I am currently enjoying a nice salad and some fruits, traded for in those golden fields. It's nice sitting in a cozy room and knowing I can trade my time for paper and coins then go out and trade that cash for food. It beats the heck out of running around a mosquito infested malaria forest chasing bugs for dinner. |
|
Back to top |
|
|
edwardcatflap
Joined: 22 Mar 2009
|
Posted: Tue Jun 23, 2015 6:16 pm Post subject: |
|
|
Shall we stop talking in this medieval way? |
|
Back to top |
|
|
SocialParasite
Joined: 19 Jan 2012 Location: South Korea
|
Posted: Wed Jun 24, 2015 8:34 am Post subject: |
|
|
wooden nickels wrote: |
SocialParasite wrote: |
wooden nickels wrote: |
SocialParasite wrote: |
What is home? That arbitrarily set of lines drawn my cartographers and land-grabbers of times of yore that you were born within?
What amount of money would make one leave this "Korean nation" you say? Well what is money? Oh that's right, its that substance that allows me to continue consuming resources. Its those binary 1s and 0s in the digital realm or that paper with sweet looking Asian dudes impressed on it (who themselves commanded slave labor from their vantage point of the mandate of Heaven..or divine right of rule..but I digress). That's money right?
So if this paper that I receive every month becomes less than what I feel I should earn, I will go back to either my home or China and try to get more paper there... |
Good morning little grasshopper.
Cash is King. I work. I buy the things I need and want. Yes, if it becomes possible to instantly double or triple the amount of the paper with binary 1s and 0s I might consider moving to another country.
Life is good in these modern times. I can't think of any period in history where it was better. Long live the dollar, pound, peso, won, and little trinket.
Little grasshopper, one day you too will leave the single blade of grass and see the sunshine on the golden fields of wheat. |
Fiat currency is king? Since you are one so enamored with the acquisition of paper and binary digits...you do know what money is I presume. All currency in these great modern times that you speak of is devoid of value (not that money was a real thing in pre-agricultural civilizations). These golden fields of wheat that you speak of...where are they and from that vantage point what would I see? |
They are located one the second and third floor of EMart. This morning, I traded 80,000 won of paper money and a few coins (cash) for several big bags of food. I am currently enjoying a nice salad and some fruits, traded for in those golden fields. It's nice sitting in a cozy room and knowing I can trade my time for paper and coins then go out and trade that cash for food. It beats the heck out of running around a mosquito infested malaria forest chasing bugs for dinner. |
Do you know the concept of "Fractional Reserve Banking"? It is the system by which the central banks release the money that you use to ensure that you don't eat bugs or contract malaria. The U.S. Federal Reserve, E.U. and even the issuer of your beloved 원 the 한국은행(South Korean Central Bank) use this system. If you don't know or understand, I would be happy to tell you. |
|
Back to top |
|
|
SocialParasite
Joined: 19 Jan 2012 Location: South Korea
|
Posted: Wed Jun 24, 2015 8:35 am Post subject: |
|
|
edwardcatflap wrote: |
Shall we stop talking in this medieval way? |
What is a medieval way of speaking? I am trying to make sense of this concept...please enlighten me. Thank you. |
|
Back to top |
|
|
isitts
Joined: 25 Dec 2008 Location: Korea
|
Posted: Sat Jun 27, 2015 5:00 am Post subject: |
|
|
"..too low to go back home"? What? You mean too low to stay here? Or did you mean so low that you're stuck here and can't afford to go home? |
|
Back to top |
|
|
Coltronator
Joined: 04 Dec 2013
|
Posted: Sat Jun 27, 2015 6:23 am Post subject: |
|
|
Fiat currency has a value. It is what the Government backs and accepts as exchange for all debts, services and products. As long as the U.S. or Canada or the Countries of Europe, Japan, etc. accept their own currency as payment then it has value. |
|
Back to top |
|
|
|
|
You cannot post new topics in this forum You cannot reply to topics in this forum You cannot edit your posts in this forum You cannot delete your posts in this forum You cannot vote in polls in this forum
|
|