RE: why does (-5)*(-4)=20 ?, eom
October 18, 2013 at 3:38 am
(This post was last modified: October 18, 2013 at 5:11 am by Aractus.)
(October 17, 2013 at 2:16 pm)davidMC1982 Wrote: Wrong. If I have "money" in my bank account, do you think, anywhere in the world, that "money" actual exists other than as a record on a computer?Yes, obviously.
Quote:If I take out a loan, do you think a bank physically puts money into my account?Yes, they go and find an investor for you - or possibly a number of investors. You can physically withdraw the money you've be loaned from the bank. Just like if you make an online purchase in another currency, what happens is the bank finds a trader on the forex market for you who will sell you the currency you need for a tiny profit above the exchange rate, and then the bank adds an administrative fee of their own as well.
If a bank added a balance to your account without physically holding the money, it'd be the stupidest thing they could possibly do because they'd be putting themselves into debt, and they'd be committing fraud.
Think about this, if somebody steals money from the bank, that somebody has to incur a loss either - the bank themselves, their customers, or (as would usually be the case), some faceless investor in Lloyd's.
Quote:Money is as abstract a concept as numbers. Its physical denominations are obviously real, tangible things, but without that abstract concept backing them up, they become just coins and notes.Their value is market driven, just like any other tradable commodity.
For Religion & Health see:[/b][/size] Williams & Sternthal. (2007). Spirituality, religion and health: Evidence and research directions. Med. J. Aust., 186(10), S47-S50. -LINK
The WIN/Gallup End of Year Survey 2013 found the US was perceived to be the greatest threat to world peace by a huge margin, with 24% of respondents fearful of the US followed by: 8% for Pakistan, and 6% for China. This was followed by 5% each for: Afghanistan, Iran, Israel, North Korea. -LINK
"That's disgusting. There were clean athletes out there that have had their whole careers ruined by people like Lance Armstrong who just bended thoughts to fit their circumstances. He didn't look up cheating because he wanted to stop, he wanted to justify what he was doing and to keep that continuing on." - Nicole Cooke
The WIN/Gallup End of Year Survey 2013 found the US was perceived to be the greatest threat to world peace by a huge margin, with 24% of respondents fearful of the US followed by: 8% for Pakistan, and 6% for China. This was followed by 5% each for: Afghanistan, Iran, Israel, North Korea. -LINK
"That's disgusting. There were clean athletes out there that have had their whole careers ruined by people like Lance Armstrong who just bended thoughts to fit their circumstances. He didn't look up cheating because he wanted to stop, he wanted to justify what he was doing and to keep that continuing on." - Nicole Cooke
