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Forums - General - Guess the future of the Human race

I could see there being a World War 3 sometime in the next 20 years or so. I'm thinking maybe some radical Muslims will take over power in the middle east and begin an ethnic cleansing/holocaust of non-Muslims. That could lead to a World War once the USA and EU step in.

Another war possibility could be North Korea starting a war against the USA or something like that.


All I do know is the future is gonna be fucked up. Massive overpopulation and shortages of resources (water, oil, food) will be rampant. China is doing the right thing with their 1 child policy, I wish India and Africa would do the same thing because they're becoming overcrowded as hell.



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world will mostly run the same until 2050. By then China will have overtaken the USA in terms of influence around the world. By then the USA people will have a completely isolationist policy similar to pre world war I. China will retake Taiwan with relatively little objections and become the new global police state to influence countries for its own benefits. Within 20 years China will become the new "lone superpower." Eventually the have nots in China will start a series of reform that help the common Chinese people. Within 80 years these policies will end up bankrupting the nation as it becomes unimaginably expensive for the entire population to have a good quality life they demand. Once the decline begins, a new country will take over as the lone superpower of the world.

In summary, things will be like they have been for the past millennium, with a new country becoming the most influential every one to two centuries.



SamuelRSmith said:
Final-Fan said:
SamuelRSmith said:
The current financial crisis will ultimately result in the return to hard money, (that is, currency backed by some form of hard value store - like the gold standard of old), first, however, we will have long periods of austerity and inflation (for the most part of this decade).

And then the world economy implodes due to the explosion in the resource(s) the hard money is based on, causing massive devaluation?  

No, the value of money increases. If you have a currency backed onto a commodity, and the commidity suddenly increases, if you maintain a tight monetary supply, then the value of money skyrockets, and you'll be able to buy a hell of a lot with a single dollar.

OK, I don't know that much about hard currency, but I find it pretty hard to swallow that actual purchasing power of a gold-backed dollar would increase because there was more gold out there.  Explain plz. 

But I think my initial claim was based on the idea that money supply would automatically increase to match gold supply (or whatever supply), which in retrospect is silly. 



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My advice to fanboys: Brag about stuff that's true, not about stuff that's false. Predict stuff that's likely, not stuff that's unlikely. You will be happier, and we will be happier.

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Final-Fan said:
SamuelRSmith said:
Final-Fan said:
SamuelRSmith said:
The current financial crisis will ultimately result in the return to hard money, (that is, currency backed by some form of hard value store - like the gold standard of old), first, however, we will have long periods of austerity and inflation (for the most part of this decade).

And then the world economy implodes due to the explosion in the resource(s) the hard money is based on, causing massive devaluation?

No, the value of money increases. If you have a currency backed onto a commodity, and the commidity suddenly increases, if you maintain a tight monetary supply, then the value of money skyrockets, and you'll be able to buy a hell of a lot with a single dollar.

OK, I don't know that much about hard currency, but I find it pretty hard to swallow that actual purchasing power of a gold-backed dollar would increase because there was more gold out there.  Explain plz. 

But I think my initial claim was based on the idea that money supply would automatically increase to match gold supply (or whatever supply), which in retrospect is silly.


You have 5 dollars and 5 ounces of gold. A dollar buys an ounce of gold.

You have 5 dollars and 10 ounces of gold. A dollar buys 2 ounces of gold.

Therefore, the value of the dollar has increased thanks to an increase in the supply of gold.



SamuelRSmith said:
Final-Fan said:
SamuelRSmith said:
Final-Fan said:
SamuelRSmith said:
The current financial crisis will ultimately result in the return to hard money, (that is, currency backed by some form of hard value store - like the gold standard of old), first, however, we will have long periods of austerity and inflation (for the most part of this decade).

And then the world economy implodes due to the explosion in the resource(s) the hard money is based on, causing massive devaluation?

No, the value of money increases. If you have a currency backed onto a commodity, and the commidity suddenly increases, if you maintain a tight monetary supply, then the value of money skyrockets, and you'll be able to buy a hell of a lot with a single dollar.

OK, I don't know that much about hard currency, but I find it pretty hard to swallow that actual purchasing power of a gold-backed dollar would increase because there was more gold out there.  Explain plz. 

But I think my initial claim was based on the idea that money supply would automatically increase to match gold supply (or whatever supply), which in retrospect is silly.


You have 5 dollars and 5 ounces of gold. A dollar buys an ounce of gold.

You have 5 dollars and 10 ounces of gold. A dollar buys 2 ounces of gold.

Therefore, the value of the dollar has increased thanks to an increase in the supply of gold.


Wouldn't that just decrease the value of gold?



 

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Well, I cant say what will happen to the eastern block since I live in west, and from my point of view the future of western civilization looks horrid. West will fall from its grace and dominance because of the tolerance death camp, huuge immigration of Muslims in Europe will overrun western Europeans, thanks (remember kids, if you want to keep national identity of your country and decrease immigration numbers you are a nazi, mkay?), their armies and male population will be pussified by the today's mainstream lifestyle and media(just look what happens in west California), western people will no longer be able to have free speech that involves Islam (Christianity and every other religion is totally Ok to make fun of and disrespect), in fact, you'll be able to make fun of and disrespect everything as long as it fits in YOUR countries identity, but DONT YOU EVEN DARE saying something bad about anything that isnt a part of your country. white people's social and public liberties with continiue to get smaller and smaller while blacks will keep getting bigger and bigger (does anyone still dares to say nigger anywhere in public or TV?), it will be absolutely OK to kill an innocent baby fetus,women will become''the stronger gender'' (they'll act like the man of the house, if you know what I mean) humans will still start to get dependent on computer technology such as iPhones and internet, girls would starting to get even more slutty at even younger age etc etc...overall, the total and complete death of the civilization that once ruled the whole world. And the most terrifying thing of all is that there would be some people who'd fully support this kind of future. it really makes me sad to think about that.

As for eastern block they would probaby be in the same spot West was before world war 1



Kirameo said:
SamuelRSmith said:
Final-Fan said:
SamuelRSmith said:
Final-Fan said:
SamuelRSmith said:
The current financial crisis will ultimately result in the return to hard money, (that is, currency backed by some form of hard value store - like the gold standard of old), first, however, we will have long periods of austerity and inflation (for the most part of this decade).

And then the world economy implodes due to the explosion in the resource(s) the hard money is based on, causing massive devaluation?

No, the value of money increases. If you have a currency backed onto a commodity, and the commidity suddenly increases, if you maintain a tight monetary supply, then the value of money skyrockets, and you'll be able to buy a hell of a lot with a single dollar.

OK, I don't know that much about hard currency, but I find it pretty hard to swallow that actual purchasing power of a gold-backed dollar would increase because there was more gold out there.  Explain plz. 

But I think my initial claim was based on the idea that money supply would automatically increase to match gold supply (or whatever supply), which in retrospect is silly.


You have 5 dollars and 5 ounces of gold. A dollar buys an ounce of gold.

You have 5 dollars and 10 ounces of gold. A dollar buys 2 ounces of gold.

Therefore, the value of the dollar has increased thanks to an increase in the supply of gold.


Wouldn't that just decrease the value of gold?


Yes? And increase the value of money? If you can exchange more of A than you can B compared to previously, then A has increased in value, and B has decreased in value.



SamuelRSmith said:
Kirameo said:
SamuelRSmith said:
Final-Fan said:
SamuelRSmith said:
Final-Fan said:
SamuelRSmith said:
The current financial crisis will ultimately result in the return to hard money, (that is, currency backed by some form of hard value store - like the gold standard of old), first, however, we will have long periods of austerity and inflation (for the most part of this decade).

And then the world economy implodes due to the explosion in the resource(s) the hard money is based on, causing massive devaluation?

No, the value of money increases. If you have a currency backed onto a commodity, and the commidity suddenly increases, if you maintain a tight monetary supply, then the value of money skyrockets, and you'll be able to buy a hell of a lot with a single dollar.

OK, I don't know that much about hard currency, but I find it pretty hard to swallow that actual purchasing power of a gold-backed dollar would increase because there was more gold out there.  Explain plz. 

But I think my initial claim was based on the idea that money supply would automatically increase to match gold supply (or whatever supply), which in retrospect is silly.

You have 5 dollars and 5 ounces of gold. A dollar buys an ounce of gold.

You have 5 dollars and 10 ounces of gold. A dollar buys 2 ounces of gold.

Therefore, the value of the dollar has increased thanks to an increase in the supply of gold.

Wouldn't that just decrease the value of gold?

Yes? And increase the value of money? If you can exchange more of A than you can B compared to previously, then A has increased in value, and B has decreased in value.

Well obviously if you have a shit-ton more gold, then gold will be worth less (all else being equal), therefore a dollar will get you more of it.  That is true for fiat currency as well. 

What we don't see is why the dollar being able to buy more gold translates to the dollar being able to ALSO buy more bread, which you claim with your 'increased purchase power' allegation.  The value change did not happen with the dollar (being worth more) but with the gold (being worth less). 

Basically, I guess it depends on whether you reckon the "value" based solely on its relation to your commodity (gold) that it's based on, or to everything in general. 



Tag (courtesy of fkusumot): "Please feel free -- nay, I encourage you -- to offer rebuttal."
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
My advice to fanboys: Brag about stuff that's true, not about stuff that's false. Predict stuff that's likely, not stuff that's unlikely. You will be happier, and we will be happier.

"Everyone is entitled to his own opinion, but not his own facts." - Sen. Pat Moynihan
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
The old smileys: ; - ) : - ) : - ( : - P : - D : - # ( c ) ( k ) ( y ) If anyone knows the shortcut for , let me know!
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
I have the most epic death scene ever in VGChartz Mafia.  Thanks WordsofWisdom! 

Earth loses electricity in most areas which prevents us from playing video games, following this we'll be a lost and confused planet, leaving the reclusion of our homes only to go outside, and eat the flesh of others, as we'll all have gone insane and turned into cannibals.

Believable enough? :p