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Old 07-04-17, 09:26
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Rockies Move Jorge Da La Rosa To Bullpen - RealGM Wiretap
The Colorado Rockies have moved Jorge De La Rosa to the bullpen as he continues to struggle this season.


Chris Rusin will replace De La Rosa in the starting rotation.


Walt Weiss said the move gives De La Rosa an opportunity "to get right" with a 11.14 ERA through six starts.

Chris Davis Still On Pace For 40 Home Runs - RealGM Wiretap

Chris Davis hit his first home run of the 2014 season on Sunday Mehdi Ballouchy New York City Jersey , but hasn't exactly been slumping for the Baltimore Orioles.


Davis, who is hitting .279.353.419 this season, hit 53 home runs last year.


Of the 42 Major League players that hit at least 50 home runs previously, they dropped from an average of 55.7 home runs to 43.6 the following season.

Jeter To Play Every Game Down Stretch - RealGM Wiretap

Derek Jeter has recorded four-straight two-hit games as his career winds down and the shortstop will play in every game for the New York Yankees down the stretch.


"Obviously, some of those days are going to be DH days to keep him going, similar to what [Sunday] is," Joe Girardi said. "He had Monday off Maxime Chanot New York City Jersey , but now he's swinging the bat and I'm going to keep him in there."


Jeter has made the most of his last homestand so far, hitting .471 with two doubles, a home run and three RBIs.


"It's fun. It's a lot better when they're cheering for you," said Jeter. "But the fans have been great to me all season. Now, I feel good, and we're still trying to win games. Until we're out of games, we all need to battle and play as hard as we can."

Fiat Currency: Storm Trooper Of Inflation May 8 Khiry Shelton New York City Jersey , 2014 | Author: Wallace Eddington | Posted in Business

Inflation is an old scourge. History reveals its devastating consequences time and again. The same story is ever repeated: armies that allow rulers to rule, and armies need money to buy the weapons and pay the troops. However, once you have an army, and rule a society, commandeering its money supply is as simple as it is elementary. And, thus, inflation follows like the predictable hangover after a night of inebriated excess. The Roman Empire showed us how it’s done.


Between the regimes of Augustus and Diocletian Roman troop numbers more than doubled: from 250 Josh Saunders New York City Jersey ,000 to 600,000. An indication of the degree to which inflation funded this massive military is the fate of the Roman currency, the denarius. It was so utterly debased by a long string of Roman rulers that, when Diocletian came to power, the formerly silver coin was reduced to a copper plated token. By A.D. 268 it had fallen to one five-thousandth of its original value. Roman trade was already deteriorating into barter. Meanwhile, the middle class was rapidly eroding.


Diocletian recognized the heavy toll of centuries of inflation through the abuse of the fiat currency. In an effort to build up the Empire’s coffers, he decreed payment of taxes be in goods. Furthermore Jefferson Mena New York City Jersey , in an ill-conceived effort to address the effects rather than the cause of Rome’s chronic economic malaise, all manner of price, wage, production and anti-hoarding regulations were imposed.


The most dramatic of these regulations was his A.D. 301 Edict, which prescribed the death penalty for violators. Though much bloodshed resulted, the Roman economic implosion through inflation continued to run rampant. In that A.D. 301 Edict, Diocletian fixed the price of gold at 50 Jason Hernandez New York City Jersey ,000 denarii per pound. By 337, the year of Constantine’s death, a pound of gold brought 20,000,000 denarii!


What is generally considered the final century of the Roman Empire (at least the Western Empire) was characterized by economic decay and social deterioration. Roman’s abandoned the market economy in droves. Being forced by law to treat a coin as having a value which it simply did not made rational economic activity almost impossible – without breaking the law. Some fled the country. Others entered voluntary serfdom – escaping the cash economy. The feudal system of Europe is frequently explained as a consequence of the collapse of a sophisticated economy after the fall of Roman civilization. In fact, though, feudalism emerged in the very bosom of Rome. It was the rational response to a monetary economy crippled by a coercively mandated currency verging on worthless.


One always wants to avoid overly simple explanations for major historical events Jack Harrison New York City Jersey , but there can be no question that the fall of Rome has to be in some serious measure attributed to the centuries of economic malaise incurred by the debased fiat currency. Indeed, the common practice of portraying the barbarian invasions as a conquest is a bit misleading. For the majority of the Roman lower class – a category into which much of the middle class had fallen – the sackers of Rome were not conquers, but liberators: bringing liberation from the denarius.


When seeking insights into the modern world that may be drawn from the history of fiat currency, this story of Rome tells us much. A good generated out of the market for common benefit is corrupted by power and coercion . All rhetoric notwithstanding, rulers self interest lead them to transform the currency from a market-valued good into a bit of make believe. For, in the end, this is what fiat entails. The money is legally required to be treated as being worth something it simply is not. Reminiscent of the parable of the Emperor’s new clothes Frederic Brillant New York City Jersey , the commoners are directed to simply pretend the patently false is somehow actually true. All this is done so that the rulers can cream off the real value as wages for their soldiers and fees for their arms dealers.


Naturally, rising prices run rampant as producers and merchants attempt to adjust reality to the devalued money which they’re legally coerced to treat as having a make-believe value. If the rulers respond with price controls, as s.
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