Open Thread WE 28 FEB 24 ~ fiat


~
$1 in 1862 is equivalent in purchasing power to about $30.54 today.
~

“The dollar today will be worth ten cents a decade from now.”
― Steven Magee

~

“People pay top dollar to eat my duck eggs. I wish they also paid bottom dollar, plus all the ones in the middle, because honestly, what am I gonna do with a dollar?”
― Jarod Kintz, Music is fluid, and my saxophone overflows when my ducks slosh in the sounds I make in elevators.

~

1862 First Legal Tender Act 1862 is passed by the US Congress, authorizing the United States note (greenback) into circulation, the first fiat paper money that was "legal tender" in America

first-one-dollar.jpg

“The value of your work is not in the dollar. It's in your word.”
― Jennifer Ho

~
~
5-Moonassi-Please-take-care-of-this-2023-Meok-and-acrylic-on-hanji-92x72cm-960x1250.jpg

Please take care of this by Moonassi, meok and acrylic on hanji

His subjects represent psychological and spiritual dichotomies that exist both within individuals and in relationships, creating a dreamlike world which invites myriad interpretations.

https://www.moonassi.com

~

Open thread so spend your bread below the fold.

Share
up
10 users have voted.

Comments

-
Who gives a buck ..
Getting a bigly breeze here today.
How is it in your corner?

up
7 users have voted.

came in a box containing 6 dinner rolls, until a couple of weeks ago. The box contains 4 rolls now, same price, of course.
A bag of seedless grapes typically contained 2 large bunches. A couple of weeks ago, the packages now contain one bunch. Same price, of course.
The 300,000 acre wild fire in the Pan Handle, near the nuclear weapons plant, is raging this morning, although Thursday's snow should tamp it down. This is tragic but "normal". That is all we will ever be told. Just move along, nothing to see.
Biden won the primary in Michigan.
A big Whoopee...what a surprise...
QMS, I am not cynical, or anything like that. LOL!
Thanks for the OT!

up
7 users have voted.

"We'll know our disinformation program is complete when everything the American public believes is false." ---- William Casey, CIA Director, 1981

@on the cusp
-
-
Maybe they should "offshore" the nuclear weapon plant. Like the virus labs.
And make them mini nukes (same price). That don't work. Enshitification.
Win - win!

Make room for more immigrants.

up
6 users have voted.
Socialprogressive's picture

Foggy this morning but should burn off in a little while and be sunny and warm today.

A little fiat music

up
7 users have voted.

I woke up this morning determined to drink less, eat right, and exercise.
But that was four hours ago when I was younger and full of hope.

@Socialprogressive
-
all I can afford anymore.
hope the fog dissolves.

up
4 users have voted.

let’s see if this works

up
9 users have voted.

Ya got to be a Spirit, cain't be no Ghost. . .

Explain Bldg #7. . . still waiting. . .

If you’ve ever wondered whether you would have complied in 1930’s Germany,
Now you know. . .
sign at protest march

dystopian's picture

@Tall Bald and Ugly GREAT piece T,B, & U!

Thanks for that! I was nearing the stratosphere when that hit and it was perfect! Wink

up
7 users have voted.

We cannot solve our problems with the same thinking we used when we created them.
Look deep into nature, and then you will understand everything better.
both - Albert Einstein

@Tall Bald and Ugly
-
your accordion blast works just fine.
Thanks!

up
6 users have voted.
Cassiodorus's picture

about the relevance of George Orwell's novel 1984, they might benefit from taking a look at the notion of "war bonds" for the European Union:

One thing to remember, here, that EU officials are basically unelected -- they're the product of the "leadership" of the pseudo-democratic member states, and one can see how pseudo-democratic it was (and is) in the whole drama of SYRIZA crashing and burning in 2015 Greece. (Do keep in mind that both Christoforou and Mercuris are Greeks.) In this regard one wonders if Macron is merely saying the quiet part out loud here:

France Wants To Fight Russia In Ukraine

'Course, Macron is the most secure of EU pseudo-democrats, as his job will only be up for grabs in 2027...

up
8 users have voted.

"The war on Gaza, backed by the West, is a demonstration that the West is willing to cross all lines. That it will discard any nuance of humanity. That it is willing to commit genocide" -- Moon of Alabama

enhydra lutris's picture

Well, Yeee and Haw! Que da kine 59th Street Bridge Song.

Hey, full faith and credit, right? The uncle buck (do the uncle buck, do the uncle buck) i backed by ye full faith and credit of the mighty USofA, is it not? And that song starts with Faith, and Trust Me, ya gotta have faith. So, whazzit worth? This very morning, in the SF-Oakland Bay Area, it is worth about 8 ox of supermarket huse brank 2% milk, assuming you buy quartz. So, purchasing power. And just how many uncle bux will buy you the world's best selling electric cars? Well, depends on where you buy it. Somewhere around 11K in much of the world, but it is priceless here; ya see, you cannot buy them in this country, so it is worth absolutely zip shit measured in BYD autos 'cause they're Chinese. Uh huh. No goddam Chinee EV gonna cross our borders, you betcha.

So, The Full Faith and Credit of the most amoral, unethical, lying, sleazy, piratical, thieving, treaty breaking, and generally despicable country around is worth exakly whut? Well, seems dependent upon the mood of the US oligarchs and the opinions and attitudes of the ROW. It floats, and ergo, could easily sink.

be well and have a good one

up
7 users have voted.

That, in its essence, is fascism--ownership of government by an individual, by a group, or by any other controlling private power. -- Franklin D. Roosevelt --

janis b's picture

@enhydra lutris

up
3 users have voted.
dystopian's picture

Hi all, Hey Capt. QMS!

Hope all are well! Blowin' here today too, TX fires way up in panhandle. Where grass fires are fairly regular mostly in spring wind times when getting out of control. Is why houses out there USED TO BE brick, always. North central TX gets them too. In general it is very UN-treed so seems counterintuitive that wildfires are a problem there, but they are. More grass driven though. Prairie fires. Which is good for regen usually.

Here is a threadtune: Greenback Dollar : Hoyt's and The Kingston Trio versions, both are great.

I loved the song before I was 10 and in retrospect think it had a big impact on me. Smile

Have good ones all!

edit: to add missing 'h'

up
8 users have voted.

We cannot solve our problems with the same thinking we used when we created them.
Look deep into nature, and then you will understand everything better.
both - Albert Einstein

@dystopian
-
-
first I remember hearing it.
Almost a theme song here.
Thanks!

up
2 users have voted.
janis b's picture

@dystopian

Hoyt's is the version that I remember being impressed by. Thank you for the memory.

up
2 users have voted.

-
-
increase in velocity in real time. It was a slow, steady process over the last
50 or so years, now it has kicked into high gear. Banks don't seem to care, the
little people will pay for it. Choices are limited, but hoarding bucks ain't going
to count for much as we go into the wash cycle.

up
5 users have voted.
soryang's picture

김 대현, Daehyun Kim (also known as 무나씨 moonassi)

Thanks so much QMS for the link to Moonassi. First and foremost I love his artwork. The Buddhist influence is evident. I know there is a lot of info at your link along with his works. It would take a long time to appreciate them all. I like the statements he makes to go along with each artwork.

I was fixated on interpreting his handle, Moonassi because I thought it was somewhat cryptic. I had some help where I saw on one web site that he used @mrnothing. I had already figured the nothing reference was the most likely. I'm guessing the middle middle na is as indicated below 納 accept. 氏 (ssi) is "mister" 선생님。

無納氏

Perhaps as Kim says there is no one interpretation. My daughter had given me a tome on modern Korean art a few months ago for a gift. I had studied art as young person, and was somewhat disappointed to see a major if not overwhelming influence of western modern art on the majority of the South Korean artists. There were some artists that appealed more to me, because of their modern treatment of traditional cultural themes. I'm surprised Moonassi's work wasn't included. I'm also attracted to the black and white medium he uses. Thanks for introducing this wonderful artist!

(edited for clarity)

up
7 users have voted.

語必忠信 行必正直

@soryang
-
as being one to appreciate it.
meok and acrylic on hanji sounds traditional
as does the cross-hatching technique

So, Mr. Nothing? Interesting.

up
5 users have voted.
enhydra lutris's picture

@soryang @QMS

Polyphemus. The cyclops, after being blinded by Mr. O ran around crying out "No man has blinded me", to which his fellow cyclops said things like "well, so that's a good thing, right?"

OTOH, I think there are likely zen exemplars of an utterly different type pointing toward not riding the ox in search of the ox.

be well and have a good one

up
6 users have voted.

That, in its essence, is fascism--ownership of government by an individual, by a group, or by any other controlling private power. -- Franklin D. Roosevelt --

soryang's picture

@QMS @QMS Although I've seen them used often, mostly in dramas and movies. Occasionally it's a comedic scene where someone unaccustomed gets it all over their face.

벼루에 먹을 갈다
rub an ink stick ( meok 먹 ) on an inkstone ( byeoroo 벼루 ).

I didn't know how it was made either. Somewhat surprised to find out that the artisans who produced this essential material required by the noble/scholar class held a lowly status like butchers.

Meok - Artisan committed to inkstick making tradition

(edited- inkstick v inkstone)

up
6 users have voted.

語必忠信 行必正直

@soryang @soryang
-
for the ink
sharper edges
on the stick
precision

up
5 users have voted.

What changed in the economy is now nobody can afford to get by on working-class wages because there's no longer any bargains.

https://www.zerohedge.com/personal-finance/how-economy-changed-theres-no...

I also read yesterday that Wendy's is the first fast food chain to start adjusting their menus minute to minute to price for surges. So, breakfast, lunch, and dinner customer traffic surges, and they will pay more for their junk food than customers who show up during slack times.
Bastards!

up
8 users have voted.

"We'll know our disinformation program is complete when everything the American public believes is false." ---- William Casey, CIA Director, 1981

@on the cusp
-
gotta squeeze them bucks hard.

up
4 users have voted.

@QMS if I am on the road and in a hurry. It won't have much impact on me and mine, but it will gouge families who cannot afford to eat at a restaurant with their kids.
Isn't technology wonderful (at taking people's last dime)?

up
6 users have voted.

"We'll know our disinformation program is complete when everything the American public believes is false." ---- William Casey, CIA Director, 1981

@on the cusp
-
-
deliveries are a feature of the new automated integration (AI) system
it assumes money is being saved made by restricting movement
of goods and timing it to maximize return.

No, I don't love tech.

up
2 users have voted.
enhydra lutris's picture

@on the cusp

the economy has been based on "Financialize Everything. Ergo ...

be well and have a good one

up
5 users have voted.

That, in its essence, is fascism--ownership of government by an individual, by a group, or by any other controlling private power. -- Franklin D. Roosevelt --

@enhydra lutris It all depends on what the definition of "is" is.

up
5 users have voted.

"We'll know our disinformation program is complete when everything the American public believes is false." ---- William Casey, CIA Director, 1981

enhydra lutris's picture

be well and have a good one

up
3 users have voted.

That, in its essence, is fascism--ownership of government by an individual, by a group, or by any other controlling private power. -- Franklin D. Roosevelt --

-
just figured out why this is not
the last day of FEB. Duh

up
4 users have voted.
janis b's picture

Thank you for the introduction to Moonassi, so many different perspectives.

up
3 users have voted.
janis b's picture

up
4 users have voted.
enhydra lutris's picture

@janis b

be well and have a good one

up
3 users have voted.

That, in its essence, is fascism--ownership of government by an individual, by a group, or by any other controlling private power. -- Franklin D. Roosevelt --