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Old 11-17-2007, 08:10 AM
Metric Metric is offline
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Join Date: Oct 2005
Posts: 1,178
Default econothermo

Since the liberty dollar raid/confiscation, the following analogy occurred to me:

0th law of thermodynamics: There is a game -----------> US dollars = fiat currency.

1st law of thermodynamics: You can't win the game ----> Inflation will devalue your savings.

2nd law of thermodynamics: You can't tie the game ----> If you were to keep your savings in, say, gold rather than US dollars, you'll be taxed on "capital gains" associated with the increasing cost (in US dollars) of the gold you have on hand.

3rd law of thermodynamics: You can't leave the game --> Alternative currency is illegal.
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