It's been suggested before only as a joke, now let me reiterate it as a half-joke. If printing money is the answer to massive debts and global deflation could we ask that central banks print money on toilet paper so that it's rendered useful if zimbabwe-style inflation sets in? If the quality of paper is smooth and rectum-friendly we won't need foreign exchange markets either. We can just barter, trade, swap, insure or invest in each country's toilet paper comparative advantage. And unlike forex markets, almost every single person in the world uses toilet paper. We're talking of a potential 7-billion-people-essentially-single-currency economy here. Keep it in mind please!
http://www.thinkaloo.com
Showing posts with label print. Show all posts
Showing posts with label print. Show all posts
Sunday, July 26, 2009
resume tips
start with your boobs kelly. no one will hire you in this condition. you also printed the resume on the wrong side. in your condition, the cover letter should have gone in the front and the resume in the back. now it attracts too much attention to your weak points as a candidate. although it seems you also need some bum fixing too. a quick way to lessen the damage in the front is to wear the t-shirt back to front. follow my advice if you don't want to blow your job chances away
http://www.thinkaloo.com
http://www.thinkaloo.com
Monday, June 29, 2009
print media are suckers
they whine about losing business to GOOGLE and online media. NOBODY wants to buy your papers any more. if you want to stay in the paper business, print your news on toilet paper and distribute it daily to every public and private bathroom for a large discount to regular clean-ass paper. when i don't like what i read i can just wipe my ass with your crap and put it into good use. that's how i like to consume the tons of crap you're selling. i might consider using it to blow my nose too but that's only when you sell me something paperworthy.
http://www.thinkaloo.com
http://www.thinkaloo.com
Wednesday, May 6, 2009
Why deposit money in the bank when you can print on-demand?
I was thinking, why doesn't it make sense to keep money under our mattresses? That's because it's inconvenient and not safe in the event of house theft. That's one reason we have banks. Since many banks were taken over by governments to survive the crisis, I figured there must be a way to deal with the inconvenience of having banks and the safety issue of keeping all our money with us be it under the mattress, inside it or over it. I mean, if we really wanted to do it, we could. Here's my thinking:
Banks are replaced with print-money government shops. Unlike a normal deposit bank, customers don't deposit money, they only withdraw using a regular ATM card. The print-money government shop won't keep stacks of money in a safe box. It will only print money for the customer who owns it. Its function is to print money on-demand!
That means that if you own $1 million dollars you can go to the print-money shop and get all your $1 million with you. But, you can't deposit it back.
Because you can't deposit it back, people will tend to print-withdraw only the amounts they need to carry their transactions.
The difference with a regular bank is that the customer doesn't have to worry that the bank might lose or run out of money since the only thing available in the government print-money shop will be printers. The printers will be the same kind of machines the FED uses to print money. The only run on the bank can be a manufacturing strike on paper or ink!
For the amount of remaining balance in your account you haven't printed yet, the government will offer you interest on it which will have to be slightly below the rates deposit banks currently charge and definitely below the rates the government borrows in the form of bonds and T-bills from national and international investors.
My proposed architecture will probably revolutionize bank robberies too. The challenge won't be to break into and out of the bank but to forge money. Remember the movie 'Catch me if you can' with Leonardo di Caprio? That's how bank robbers will operate in the new system.
Or if they know you went to the money-print government shop and withdrew all your millions to stash it under your mattress, they might pay you a visit when you're out.
So don't hoard your cash in your house, just print it on-demand! :)
http://www.thinkaloo.com
Banks are replaced with print-money government shops. Unlike a normal deposit bank, customers don't deposit money, they only withdraw using a regular ATM card. The print-money government shop won't keep stacks of money in a safe box. It will only print money for the customer who owns it. Its function is to print money on-demand!
That means that if you own $1 million dollars you can go to the print-money shop and get all your $1 million with you. But, you can't deposit it back.
Because you can't deposit it back, people will tend to print-withdraw only the amounts they need to carry their transactions.
The difference with a regular bank is that the customer doesn't have to worry that the bank might lose or run out of money since the only thing available in the government print-money shop will be printers. The printers will be the same kind of machines the FED uses to print money. The only run on the bank can be a manufacturing strike on paper or ink!
For the amount of remaining balance in your account you haven't printed yet, the government will offer you interest on it which will have to be slightly below the rates deposit banks currently charge and definitely below the rates the government borrows in the form of bonds and T-bills from national and international investors.
My proposed architecture will probably revolutionize bank robberies too. The challenge won't be to break into and out of the bank but to forge money. Remember the movie 'Catch me if you can' with Leonardo di Caprio? That's how bank robbers will operate in the new system.
Or if they know you went to the money-print government shop and withdrew all your millions to stash it under your mattress, they might pay you a visit when you're out.
So don't hoard your cash in your house, just print it on-demand! :)
http://www.thinkaloo.com
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