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Value of cash

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  1. #1
    Copper Head started this thread.
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    Value of cash

    Today was a nice load , the economics of cash really dawned on me .
    See 980 mix 500 short is a constant , it's weight - you feel it - same now -same year ago.
    But the value of our cash is cat and mouse it might buy you more here and there - and less elsewhere .
    It depends what shoe your wearing . Today I was a seller my load delivered $125
    the memory of it paying $190 is not fleeting .
    Then it hit me , the metals I found today are the same as always , but the cash we get
    lost value .Like I said it's cat and mouse they hide it from us . They put emotional goods in our face at low prices and you think
    money buys plenty . The real stuff like food is easy to see your money lost value . Fuel for the car gained for us but if our cash lost value
    we can't pay $4.50 & we are setting the price by default .
    One of these days I'll get to the bottom of it. Till then pass me another copper transformer.


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  3. #2
    JnJunk's Avatar
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    I think that is why we hold on to all our metal. We want to hold on to it until we get what we want out of it.

  4. #3
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    Supply and demand is the KEY to what gives CA$H it's values.

    The scrap market is just another CONCEPT that can be controlled by those that make up the rules in secret.

    The so called stock market is a great example of the LOTTO concepts. Many put in their CA$H, and a few collect the BIG pay offs.

    I don't gamble in ways that most do as I don't view games of chance as wise. I find it amusing in a sad sort of way how so many can convince themselves that they are going to BEAT the known odds as well as the unknown with some form of special magic, gods or miracle luck.

    I have never chased the CA$H in that you wouldn't find me in a line of many prospectors seeking GOLD like bugs to the light.

    I would rather have the GOLD come to me by way of the many that chase the carrots on the end of the sticks.

    TIME is a very interesting illusion in that it is the illusions of TIME that confuse so many.

    Having a good understanding of the concepts of supply and demand and WHY & HOW it is manipulated is where the best answers lay.

    When I started my private salvage yard over 30 years ago I was treated a bit like Noah in the bible story as most wanted to believe that I was CRAZY for hauling their unwanted items away for them at a bargain for them. Scrap car price was $5.00 a TON 30 years ago.

    Then the BIG raise to $20 a ton and the RUSH of seeking weight and many 1930's vehicles and even old 1958 Cadillac's and such being scrapped for the weight as not many were interested in such vehicles for keeping around as a possible future profit.

    When people get the GOLD FEVER, they get in such a RU$H that they forget to think wisely.

    The values of most everything change with the trends, fads and distractions of a modern advanced society that runs on the great illusions of CA$H and what great magic it might do.

    Slow and steady wins the race as haste most TIMEs makes waste in the end.

    The age of throw away everything.

    Gone are the days of pop in glass bottles and jars for food and such and the days of quality made to last consumer goods.

    We are living in the PLASTIC generation in most all ways.

    I have never had credit cards and such as I didn't view them as wise as they were the plastic cheeze in the trap.

    P.S. How many of you know of the plastic cheese slices that will NOT melt and even dogs and cats don't care much for it.

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    Some may find this disturbing ....

    Let's say that from the time you were very little you were always told that the sky is pink on a clear sunny day. You would most like believe that wholeheartedly. If somebody said that the sky was actually blue you would look at them like they had three heads !

    It's really the same with money. You've been taught to think it has value. It doesn't ! Money is simply a means of exchange. Just pieces of paper with pictures of dead people. Those pieces of paper really don't have any value. The whole system is based on belief to the contrary and somehow the world just keeps on turning.

    Those who see it for what it really is call it "debt script" -or- "fiat currency" .

    LMAO .... when Ron Paul was calling for an audit of the Federal Reserve congress would have NO part of it ! There's probably a very good reason.

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    Nothing has value until somebody wants to buy it (and no great value unless everyone needs it) . Compare the same house in Detroit Michigan to one in California or close to NYC. Currency is just a convenient form of trade material that is accepted globally but rises and falls due to a million factors.

    Scrap metal is worthless in a way because you can't eat it or make anything useful with it (as an individual). Only when you trade it in does it go to the refinery to made into something useful again. If those large refineries suddenly disappeared those metals would be worthless as nobody could do anything with them.

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  10. #6
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    Air, Food, Water and Shelter all still have value.

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  12. #7
    Copper Head started this thread.
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    Quote Originally Posted by hobo finds View Post
    Air, Food, Water and Shelter all still have value.
    How we forget - and many have not

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    as long as ever aspect of our lives is controlled by the old farts in the in congress and senate cant get any better

  15. #9
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    Quote Originally Posted by Copper Head View Post
    Today was a nice load , the economics of cash really dawned on me .
    See 980 mix 500 short is a constant , it's weight - you feel it - same now -same year ago.
    But the value of our cash is cat and mouse it might buy you more here and there - and less elsewhere .
    It depends what shoe your wearing . Today I was a seller my load delivered $125
    the memory of it paying $190 is not fleeting .
    Then it hit me , the metals I found today are the same as always , but the cash we get
    lost value .Like I said it's cat and mouse they hide it from us . They put emotional goods in our face at low prices and you think
    money buys plenty . The real stuff like food is easy to see your money lost value . Fuel for the car gained for us but if our cash lost value
    we can't pay $4.50 & we are setting the price by default .
    One of these days I'll get to the bottom of it. Till then pass me another copper transformer.
    Your money did not lose value it gained value. If you can buy more with less money then you dollar is worth more. When people shed dollars for other currency's this is when prices rise and you dollor is worth less.

    Eric

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  17. #10
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    Sounds like you guys are against the system. It would be catastrophic if we didnt have currency. We would be back in prehistoric times bartering and living off the land. Granted the system is corrupt it still is very efficient and is crucial for the lives we have today.

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    Well ... i'm not particularly opposed to the idea of the Federal Government but i am concerned that it's wandered off track. It's awfully large. The annual budget is in the trillions. I can't wrap my head around a number that big.

    When we're talking about cash money we're really talking about economics and not politics. It gets into some really abstract ideas about how our economic system works.

    For instance: Lets say that our annual budget is two trillion. Our projected national debt is something like 17 trillion before we reach a balanced budget ?

    The Bureau of Printing & Engraving could be running 24/7 printing 100.00$ bills and it would take forever to crank out even half a trillion.

    Where's the money coming from ?

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  21. #12
    Copper Head started this thread.
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    Not sure they even would utilize the resources to even make the bills ( thats allot trees or recycled paper . This will be fixed with cripto currency

    I am not so sure of our money is buying more as fuel is about it . I spent $40 at the grocery and prices are not getting lower
    whats lower ? phone bills utilities . Food ??

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  23. #13
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    Quote Originally Posted by Scrappah View Post

    Where's the money coming from ?
    Well, if you are really interested, watch this. It might take a few viewings for it to sink in.

    https://hiddensecretsofmoney.com/videos/episode-4

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    Quote Originally Posted by hobo finds View Post
    Air, Food, Water and Shelter all still have value.
    They are the only thing of real value except for friends and family. every thing else is just bling.
    "anyone who thinks scrappin is easy money ain't doin it right!"

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  27. #15
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    Quote Originally Posted by olddude View Post
    They are the only thing of real value except for friends and family. every thing else is just bling.
    Buying ewaste and video games !

  28. #16
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    Quote Originally Posted by hobo finds View Post
    Air, Food, Water and Shelter all still have value.
    Even shelter can be done with out if your resourceful/smart about where and when you sleep.

  29. #17
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    Quote Originally Posted by ScrapmanIndustries View Post
    Even shelter can be done with out if your resourceful/smart about where and when you sleep.
    True : But a warm home , Some stew on the stove , Thats America if you work for it .
    http://www.scrapmetalforum.com/members/copper-head.html
    Copper Head and CopperHeadAKA (same person)
    I am back to my skill set from the 80's Painting & all that follows it
    I removed myself from the trash company I worked for as of 2 years ago
    I find scrap non the less

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  31. #18
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    This is one of the reason why crypto currency is so big. Check it out CryptoCurrency Market Capitalizations plus the government has a hard time getting their fingers in it and you keep your money yourself, and it's around the world. but even this has it's draw backs. Personally I think the value of the dollar dropped after they stopped making U.S. currency with real metal like silver and copper.

  32. #19
    CopperHeadAKA's Avatar
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    Quote Originally Posted by CapitalRecovery View Post
    This is one of the reason why crypto currency is so big. Check it out CryptoCurrency Market Capitalizations plus the government has a hard time getting their fingers in it and you keep your money yourself, and it's around the world. but even this has it's draw backs. Personally I think the value of the dollar dropped after they stopped making U.S. currency with real metal like silver and copper.

    Gresham's law the monetary principle
    "bad money drives out good". if two forms of commodity money are in circulation,
    which are accepted as having similar face value,
    the more valuable commodity will disappear from circulation.

    https://en.wikipedia.org/wiki/Gresham's_law

  33. #20
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    Gershams law explains what happened to coinage after 1964. But removing the dollar from the gold standard in the early 70s started true devaluing. More debt means every dollar is a less and less valuable note. A trillion here a trillion there soon you are talking real money. Everything is fine until no one wants your debt. When that happens look out below. The "good" news is America's debt is too big to fail in the sense it would be suicide for other countries to actively try to call it. But if a black swan event happens to the economy the skills and connections you are learning here just might keep food on your table.


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