Comments on: How Does Drudge Make Money? http://micahtillman.com/2008/05/25/how-does-drudge-make-money/ Philosophy, Politics, Religion, Etc. Mon, 01 Dec 2008 20:59:06 +0000 http://wordpress.org/?v=2.6.3 By: Micah Tillman » Blog Archive » The Design of Drudge’s Site http://micahtillman.com/2008/05/25/how-does-drudge-make-money/#comment-7137 Micah Tillman » Blog Archive » The Design of Drudge’s Site Thu, 20 Nov 2008 22:56:12 +0000 http://micahtillman.com/?p=398#comment-7137 [...] I still wanna know how Drudge makes [...] [...] I still wanna know how Drudge makes [...]

]]> By: Micah Tillman » Blog Archive » Another Drudge Classic http://micahtillman.com/2008/05/25/how-does-drudge-make-money/#comment-2875 Micah Tillman » Blog Archive » Another Drudge Classic Mon, 23 Jun 2008 16:25:45 +0000 http://micahtillman.com/?p=398#comment-2875 [...] may remember this collection of similar goofs from the Drudge [...] [...] may remember this collection of similar goofs from the Drudge [...]

]]> By: Micah Tillman » Blog Archive » More Webly-Graphical Silliness http://micahtillman.com/2008/05/25/how-does-drudge-make-money/#comment-2697 Micah Tillman » Blog Archive » More Webly-Graphical Silliness Thu, 12 Jun 2008 16:06:57 +0000 http://micahtillman.com/?p=398#comment-2697 [...] here, here, here, and [...] [...] here, here, here, and [...]

]]> By: Andrew Stevens http://micahtillman.com/2008/05/25/how-does-drudge-make-money/#comment-2433 Andrew Stevens Tue, 27 May 2008 22:40:34 +0000 http://micahtillman.com/?p=398#comment-2433 Yes, the goose would indeed drive down the market price of gold. Nevertheless, the person with the gold would still do pretty well since he's getting it for nothing and the gold would still be worth something. Actually, the goose would have to lay a fairly phenomenal amount of golden eggs to really impact the price of gold too much. The Spanish, after coming to the Americas, brought a great deal of "treasure" back (gold and silver). Spain then experienced inflation of about 300%. Spain ended up with a lot more money, but no more wealth, much to their surprise. Considering the vast riches in actual wealth the Americas had, it was like Spain robbed a bank and only took the deposit slips. Of course, they had no idea this would happen. David Hume had not yet explained monetary phenomena like this one. Yes, the goose would indeed drive down the market price of gold. Nevertheless, the person with the gold would still do pretty well since he’s getting it for nothing and the gold would still be worth something. Actually, the goose would have to lay a fairly phenomenal amount of golden eggs to really impact the price of gold too much.

The Spanish, after coming to the Americas, brought a great deal of “treasure” back (gold and silver). Spain then experienced inflation of about 300%. Spain ended up with a lot more money, but no more wealth, much to their surprise. Considering the vast riches in actual wealth the Americas had, it was like Spain robbed a bank and only took the deposit slips. Of course, they had no idea this would happen. David Hume had not yet explained monetary phenomena like this one.

]]> By: Micah Tillman http://micahtillman.com/2008/05/25/how-does-drudge-make-money/#comment-2430 Micah Tillman Tue, 27 May 2008 18:53:27 +0000 http://micahtillman.com/?p=398#comment-2430 Like a goose who lays golden eggs maybe? Btw, wouldn't such a goose drive down the general market-value of gold by making it less scarce? Don't you really need a goose who steals other people's golden eggs? Like a goose who lays golden eggs maybe?

Btw, wouldn’t such a goose drive down the general market-value of gold by making it less scarce? Don’t you really need a goose who steals other people’s golden eggs?

]]> By: Wife http://micahtillman.com/2008/05/25/how-does-drudge-make-money/#comment-2429 Wife Tue, 27 May 2008 18:25:40 +0000 http://micahtillman.com/?p=398#comment-2429 Magic. Magic.

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