Free Republic

Taiwan will not be an artillery war. It'll be an air war similar to the Battle of Britain, only with missiles. It's over 100 miles from China to Taiwan and there is no way China can land an army without gaining air superiority first. The troop transports will be at see for hours making the crossing and they will be sitting ducks if Taiwan still has an air force.

Hard money (gold, etc.) protects the common man from indiscriminate inflation of the currency, and it limits the government’s ability to act without public support (i.e. taxes). So it’s a good thing. However, it has little to do with which currency will be the world’s reserve currency. That is determined mainly by the quality of a government’s debt. Debt spelled backwards is investment and having a place to park money where it can safely earn a return is the biggest factor in determining where money will rest between transactions.

If either country has the ability to inflate at will then this will probably not work. Even with the discipline of Germany the Euro almost failed because countries like Greece couldn’t resist, and it may fail yet when some future misbehavior happens.

The corrupted part of the file wasn't needed immediately, so it got backed up. I once had a system crash because the original programmer had used a seven character date field. It blew up on October 10th.

Yes

A modern combine is using the same computerized systems the tractors are using.

Yes

I was saying you can't avoid John Deere's policy by buying another brand.

All the other tractor manufacturers now do what John Deere does. Unless you want to buy a Chinese or Belorussian tractor

Sure. But I didn't say things can't have value. I said things do not have intrinsic value. Intrinsic means immune to external influences.

The value of some entity is set by the supply demand balance.

So... not intrinsic.

Yes.

Try up to $60,000, and that's just for the engine. Getting a computer controlled engine to run in a truck it wasn't made for would be a whole 'nother matter. Nobody does this. Plenty of owners buy rebuilt engines to keep their old trucks going so they won't have to put up with the problems and expenses that come with a newer engine though.

No. Value is purely subjective. What one values another may not. And what is valued today may not be valued tomorrow. What's more, different individuals value the same thing differently. There would be no trade otherwise. There is nothing automatic or intrinsic about value. This is one of the most basic principles of economics.

That's not the problem with crypto. In economic terms, nothing has intrinsic value. Value is purely subjective. It exists only in the minds of individuals.

The only way that it might at some point have actual value is if one of the hundreds of crypto companies out there (most likely Bitcoin or Ethereum) becomes widely accepted as an alternative payment medium.

Here you're on the right track. What's missing for each of the crypto "currencies" is a price system. You can spend bitcoin, but only by converting the value of it into another currency, like the dollar. Nobody puts bitcoin prices on anything.

See Mises Regression Theorem

Good question. I would guess the depositors could file a claim for the interest with the bankruptcy court just like any other creditor. Then again, interest already credited becomes principle if you don't withdraw it, so maybe not.

Until this ruling they didn't have clear title to that $4.2 billion.

Excuses are just confessions.

A few democrats will eventually cross the aisle and vote for him, if only to get the gravy train going again.

A typical over the road tractor with a sleeper weighs between 17K and 19K. An older long wheelbase truck like a Peterbilt 389 or a Kenworth W900 might weigh 21K. I've never seen a road truck weigh 25K.

A typical 53 foot dry van trailer weight about 15K.

Soft drink warehouses typically load very heavy 45K loads.

A typical driving day for an over an road trip is 500 to 700 miles.

The Tesla looks like it might only be economically suited for local deliveries. Local deliveries involve the hardest navigation problems, i.e. narrow city roads and tight corners as opposed to open interstate travel.

I'm not seeing this as a smart move for Pepsi. I think they ordered these things sight unseen because they thought it would be cool.

He probably can't find any. It's Washington after all.

Conspiracy does not imply loyalty.

The AG gets a 24 million dollar feather in his cap before his next run for office, which will probably be for governor or senator. Rats will eat each other when they see fit.

MacArthur beat the North Koreans. It was the Chinese "volunteers" he wanted to nuke.