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From: john larkin <jlarkin_highland_tech>
Newsgroups: sci.electronics.design,uk.d-i-y
Subject: Re: OT: EV Charging Stations Stripped of Copper Cables
Date: Fri, 12 Jul 2024 09:18:26 -0700
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On Fri, 12 Jul 2024 16:57:37 +0100, The Natural Philosopher
<tnp@invalid.invalid> wrote:

>On 12/07/2024 16:30, Jeroen Belleman wrote:
>> On 7/12/24 16:45, The Natural Philosopher wrote:
>>> On 12/07/2024 15:25, john larkin wrote:
>>>> On Fri, 12 Jul 2024 09:25:51 +0100, Joe <joe@jretrading.com> wrote:
>>>>
>>>>> On Fri, 12 Jul 2024 12:18:39 +1000
>>>>> Bill Sloman <bill.sloman@ieee.org> wrote:
>>>>>
>>>>>> On 12/07/2024 7:48 am, Cursitor Doom wrote:
>>>>>>> On Thu, 11 Jul 2024 14:30:41 -0700, john larkin wrote:
>>>>>>>> On Thu, 11 Jul 2024 19:33:41 +0200, Jeroen Belleman
>>>>>>>> <jeroen@nospam.please> wrote:
>>>>>>>>> On 7/11/24 13:00, Joe wrote:
>>>>>>>>>> On Thu, 11 Jul 2024 09:29:33 +0100 The Natural Philosopher
>>>>>>>>>> <tnp@invalid.invalid> wrote:
>>>>>>
>>>>>> <sdnip>
>>>>>>
>>>>>>
>>>>>>> What do you think all those homeless people are going to do when
>>>>>>> the debt bomb finally explodes and there's no more money for cops,
>>>>>>> the army - or anything else?
>>>>>>
>>>>>> What's a "debt bomb" and how would it explode?
>>>>>> As long as society keeps generating and exchanging goods and services
>>>>>> it's not going to run out of money, which is just medium of exchange.
>>>>>>
>>>>>
>>>>> What use is the means of exchange if you can't exchange it for anything
>>>>> meaningful?
>>>>>
>>>>> We are already past the point where the alternatives for many countries
>>>>> are default or hyperinflation, which is just s more spectacular form of
>>>>> default, and an involuntary one. It happens slowly at first, then all
>>>>> at once.
>>>>
>>>> Inflation is a government's way to spend (and usually waste) money
>>>> that it doesn't have, by borrowing money that will never be paid back.
>>>> It is essentially stealing from its citizens, especially from savings.
>>>>
>>>> It's dynamically unstable and often runs away. The thing about
>>>> inflation is that there's never enough of it. The more you have, the
>>>> more you need.
>>>>
>>>>
>>>>
>>>>
>>>>
>>> The price of a loaf of bread, in terms of gold, hasn't changed in 600 
>>> years.
>>> A friend bought �10,000 worth of gold in 2004, Its worth �80,000 now
>> 
>> That's a gross simplification, and not guaranteed to work in the
>> short term. It's subject to random ups and downs like any other
>> target of speculators. Moreover, when shit hits the fan, you'll
>> be required to surrender it to your government in exchange for
>> money that's being inflated. It has happened before.
>> 
>> The US has huge stockpiles of gold. It's a bit of a pity to just
>> hoard a metal that has so many *useful* applications.
>> 
>> Jeroen Belleman
>> 
>I have a little gold. Its appreciated about 15% in the last year
>It is the only really safe long term inflation hedge

Land is good.

>
>The government cant take it off you if they dont know you have it.

Eventually it needs to be sold.