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  1. HudsonHawk

    Your Most Disturbing Realizations

    We had one of those turntables in a case that was like a piece of furniture. All my dad had was Johnny Cash, Eddie Arnold and Hank Williams. My friend Kevin had a real, honest to goodness "Hi Fi" turntable. We had to steal his older brother's Lynyrd Skynyrd and Johnny Winter records.
  2. HudsonHawk

    Vintage Things That Have Disappeared In Your Lifetime?

    If the decreed face value of the coin is more than the commodity price of the raw material. A gold coin may have the decreed value of say $50, but only contain gold in the amount worth $25 as a raw commodity. It can also go the other way, where the value of the raw material is more than the...
  3. HudsonHawk

    Vintage Things That Have Disappeared In Your Lifetime?

    Yes. Everyone understands this. This is not in dispute.
  4. HudsonHawk

    Vintage Things That Have Disappeared In Your Lifetime?

    It's a bit of circular logic. We never defaulted on a debt because we can simply print more money to pay off debts because we've never defaulted on a debt. This works as long as none of our creditors demand repayment in something other than US dollars and the value of the dollar doesn't drop...
  5. HudsonHawk

    Vintage Things That Have Disappeared In Your Lifetime?

    I'ts a vicious cycle. To date, the US has never defaulted on a debt, but it can't go on forever like this.
  7. HudsonHawk

    So trivial, yet it really ticks you off.

    You an spend $5,000 for a new "relic" guitar that regularly sells for $1,200. Or if you're a little short on cash, you can pay someone $300 to scratch up the finish on your axe for you.
  8. HudsonHawk

    Vintage Things That Have Disappeared In Your Lifetime?

    Excessive lending can indeed lead to inflation. I don't think anyone's suggesting that the government putting more money into circulation is the *only* cause, only that's the result of the government trying to print it's way out of debt. There are many 20th century examples of this.
  9. HudsonHawk

    Your Most Disturbing Realizations

    1. There's a dilemma most amateur genealogists face...do I follow the "family" trail or the biological trail as almost no one's paper and biology match up back beyond four or five generations. Secondly, you don't have to go very far back before the paper trail becomes pretty thin. For some...
  10. HudsonHawk

    Vintage Things That Have Disappeared In Your Lifetime?

    The term "printing money" is somewhat of a misnomer. The government *can* simply print more notes or notes of higher denomination (some countries have tried that and ended up with things like $100,000,000,000,000 bills), or do like you say, simply go into debt. As you say, the result is the...
  11. HudsonHawk

    Vintage Things That Have Disappeared In Your Lifetime?

    I don't think anyone is under the impression that everyone is always happy with the government.
  13. HudsonHawk

    Vintage Things That Have Disappeared In Your Lifetime?

    Ultimately everything is paid for by private citizens. "Government" only exists as a concept so far as people allow it and finance it. It has no assets other than what is procured for it by it's people. I guess I thought your question was a serious one about the mechanism for existing...
  14. HudsonHawk

    Vintage Things That Have Disappeared In Your Lifetime?

    A government can't "finance" itself that way, but it can quickly buy a few things before the inflationary effect catches up to them. Putting more money in circulation temporarily increases the short-term buying power of whomever has it. This, of course, is not a sustainable model, but it was...
  15. HudsonHawk

    Vintage Things That Have Disappeared In Your Lifetime?

    War bonds were critical to financing the war. They had the added benefit of removing cash from the public, countering inflation from a shortage of goods, as well as providing post-war spending power, but the cash the bonds generated accounted for something like 75% of the military spending...
  16. HudsonHawk

    Your Most Disturbing Realizations

    For most of us of European ancestry, you don't have to go back very far to find nobility, and not all that far to find royalty. It's pretty much mathematically impossible to *not* find nobility/royalty in your ancestry. That doesn't mean you won't also find the horse thieves and prostitutes...
  17. HudsonHawk

    So trivial, yet it really ticks you off.

    Here in the US, being an "ordinary person" is a badge of honor. Or at least an "ordinary American". We only view exceptionalism in the context of the rest of the world, not amongst ourselves. It's one of our charming quirks.
  19. HudsonHawk

    Your Most Disturbing Realizations

    A couple of random (rambling?) thoughts... 1. I've been working on mine and my wife's family history, and my wife keeps asking "what was their occupation? That's what I want to know...". When I respond "farmer", she rolls her eyes. "Didn't anybody do anything else back in the day?". Not...
  20. HudsonHawk

    Your Most Disturbing Realizations

    Genealogy isn't for everyone (though there's never enough geology!!). Personally, I like the "paper" genealogy more than the genetics, as the paper trail is where the stories are. I guess I view it a lot like studying history. I'm interested in the stories of the past, how I/we got to where...
  21. HudsonHawk

    Vintage Things That Have Disappeared In Your Lifetime?

    I think most genuine CSA paper bills range anywhere from about $1 to about $500, depending on condition. Smaller denominations are worth the most relative to face value, but not all that much. A $2 bill might fetch $20 today, as would an genuine $20. The problem with Confederate money is...
  22. HudsonHawk

    So trivial, yet it really ticks you off.

    Most Brits I know use "regards" when signing off on an email. The others use "cheers", which is far more annoying. Don't say "cheers" to me unless you've just bought me a drink.
  23. HudsonHawk

    Your Most Disturbing Realizations

    I learned way more about Grandma than I thought I wanted to. Then I started asking questions. Then people started talking. Then it REALLY got interesting. But you're right, don't go there unless you are prepared to accept what you'll inevitably find. It is what it is.

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