Not really making any statement with this, but I ran into it not too long ago and found it nice to ponder.
really like it, seems reasonable now
Topic: Economic Devastation - page 92. (Read 504776 times)
Not really making any statement with this, but I ran into it not too long ago and found it nice to ponder.
really like it, seems reasonable now
Please don't ever think I've lost my love and appreciation for the relationship we built over the past year or so.
I still don't think you've gotten the point that anarchy contains top-down organization too and we humans are not superior to nature. But this is to be expected, because it is a philosophical difference but it is also the reason that I don't like white people as much any more as I did in my youth. I view them as dysfunctional, harmful meddling and "trying to fix everything that isn't broken" and not fixing their own shit especially this ubiquitous collectivist "control nature, nature is barbaric and repulsive" philosophy which is the root cause of the rising totalitarianism.
I still don't think you've gotten the point that anarchy contains top-down organization too and we humans are not superior to nature. But this is to be expected, because it is a philosophical difference but it is also the reason that I don't like white people as much any more as I did in my youth. I view them as dysfunctional, harmful meddling and "trying to fix everything that isn't broken" and not fixing their own shit especially this ubiquitous collectivist "control nature, nature is barbaric and repulsive" philosophy which is the root cause of the rising totalitarianism.
Sorry I am blaming that attitude as the root cause. Until Westerners can look at themselves and their internal attitude as the cause, then your society must crash and burn.
And I am so proud of Marty (see linked blog posts below). I don't know if he did this because of my emails, but I will say I advised him that he can be very productive if he focuses on those who can use his information and not "cast his pearls at swine" as Jesus warned in Matthew.
http://armstrongeconomics.com/2015/04/15/change-never-comes-without-the-pain/
http://armstrongeconomics.com/2015/04/15/to-be-great-is-to-be-misunderstood/
http://armstrongeconomics.com/2015/04/14/how-to-think-may-be-the-key-to-everything/
http://armstrongeconomics.com/2015/04/15/aristotle-education/
P.S. my improving health is such an incredible change to my life! I am loving this life again. I can compete again finally! And oh boy do I want to compete!!! Nonstop work lately. Slept 6 hours then right back at it. I want to go crazy on athletics too. Just exploding with grrrr tiger male energy! Love it.
...
TPTB_n_w
Ha ha, quoting Gandhi re M.A....
* * *
Re the Philippines, a friend of mine sent me good news! Seems they have found palladium there:
http://thephilippinepride.com/biggest-palladium-deposits-found-in-philippines/
Palladium is one of the platinum group metals, it also has unique properties that would be very useful if hydrogen fuel cells (esp. for cars) catch on.
TPTB_n_w
Ha ha, quoting Gandhi re M.A....
* * *
Re the Philippines, a friend of mine sent me good news! Seems they have found palladium there:
http://thephilippinepride.com/biggest-palladium-deposits-found-in-philippines/
Palladium is one of the platinum group metals, it also has unique properties that would be very useful if hydrogen fuel cells (esp. for cars) catch on.
First time I've seen Armstrong use the term "knowledge age".
First they ignore you, next they fight you, and finally they join you.
http://armstrongeconomics.com/2015/04/14/how-to-think-may-be-the-key-to-everything/
Does the following quote resemble something I've been writing lately.
First they ignore you, next they fight you, and finally they join you.
http://armstrongeconomics.com/2015/04/14/how-to-think-may-be-the-key-to-everything/
Quote from: Armstrong
In all honesty, formal education is destroying the so-called knowledge age.
Does the following quote resemble something I've been writing lately.
Please don't ever think I've lost my love and appreciation for the relationship we built over the past year or so.
I still don't think you've gotten the point that anarchy contains top-down organization too and we humans are not superior to nature. But this is to be expected, because it is a philosophical difference but it is also the reason that I don't like white people as much any more as I did in my youth. I view them as dysfunctional, harmful meddling and "trying to fix everything that isn't broken" and not fixing their own shit especially this ubiquitous collectivist "control nature, nature is barbaric and repulsive" philosophy which is the root cause of the rising totalitarianism.
What is starting to kick in now is that I am really coming cured from the Multiple Sclerosis and my tiger feeling is coming back. I worked 16 hours and didn't even feel tired. I have 9 years of "catching up what I lost" itch to burn.
My new site was launched on Sunday and the acceleration of user signups is underway today.
Soon can move back to crypto-currency work. Cheers.
I still don't think you've gotten the point that anarchy contains top-down organization too and we humans are not superior to nature. But this is to be expected, because it is a philosophical difference but it is also the reason that I don't like white people as much any more as I did in my youth. I view them as dysfunctional, harmful meddling and "trying to fix everything that isn't broken" and not fixing their own shit especially this ubiquitous collectivist "control nature, nature is barbaric and repulsive" philosophy which is the root cause of the rising totalitarianism.
I don't think quitting is in the vocabulary of AnonyMint. 
What is starting to kick in now is that I am really coming cured from the Multiple Sclerosis and my tiger feeling is coming back. I worked 16 hours and didn't even feel tired. I have 9 years of "catching up what I lost" itch to burn.
My new site was launched on Sunday and the acceleration of user signups is underway today.
Soon can move back to crypto-currency work. Cheers.
Don't give up the development of the open-source decentralized ledger. Soon we gonna need it, no matter the outcome. And thanks for everything, both of you.
I don't think quitting is in the vocabulary of AnonyMint.
I believe our recent exploration of the solution space between socialism and individualism has been quite interesting.
However, it is important to remember that this debate is not being held in a state of balance but rather one of extreme and worsening imbalance.
In such an environment the arguments of the socialist must be held to a higher standard fully accepting them over individualist counters only if they are foolproof and undeniable.
I am thinking...
Since the whole point in free market is to keep entropy high, comes to a conflict with the natural desire for growth of structures seeking higher efficiencies. What limits those structures from getting bigger and bigger until they start lowering the entropy o the market?
Seem to me that repeated crisis is the tool here, they are neccessary because they change the landscape so that structures with too low entropy aka too big, will fail to adapt and crumble.
Calling them dinosaurs is more than pun on the size but also on their fate, structures are grown into extinction.
Now if a structure tries to overcome the crisis by more growth by extra-market moves, then a bigger crisis will be needed to wipe it and the market will provide it out of self defence.
In this light the only way to avoid crisis recuring, is to extract those overgrown structures from the free market into a diffrent pen where the market will not need to retaliate by generating new crisis?
Ideally small shocks could keep the growth in check, but people think crisis bad and growth good, so they act to counter this mechanism only to receive a larger reaction and so on, so crisis intensity tends to increase monotonicaly.
Since the whole point in free market is to keep entropy high, comes to a conflict with the natural desire for growth of structures seeking higher efficiencies. What limits those structures from getting bigger and bigger until they start lowering the entropy o the market?
Seem to me that repeated crisis is the tool here, they are neccessary because they change the landscape so that structures with too low entropy aka too big, will fail to adapt and crumble.
Calling them dinosaurs is more than pun on the size but also on their fate, structures are grown into extinction.
Now if a structure tries to overcome the crisis by more growth by extra-market moves, then a bigger crisis will be needed to wipe it and the market will provide it out of self defence.
In this light the only way to avoid crisis recuring, is to extract those overgrown structures from the free market into a diffrent pen where the market will not need to retaliate by generating new crisis?
Ideally small shocks could keep the growth in check, but people think crisis bad and growth good, so they act to counter this mechanism only to receive a larger reaction and so on, so crisis intensity tends to increase monotonicaly.
...
Good luck to you all.
Martin Armstrong is interviewed (first time I have ever heard him) for some 30 minutes here:
http://investmentwatchblog.com/martin-armstrong-fall-2015-turning-point-civil-unrest-and-riots-big-losses-coming-in-the-bond-market-gold-rises-when-people-lose-confidence-in-government/
tl;dr version:
Don't buy bonds (US rates going up) or euros (big trouble in Euroland).
Good luck to you all.
Martin Armstrong is interviewed (first time I have ever heard him) for some 30 minutes here:
http://investmentwatchblog.com/martin-armstrong-fall-2015-turning-point-civil-unrest-and-riots-big-losses-coming-in-the-bond-market-gold-rises-when-people-lose-confidence-in-government/
tl;dr version:
Don't buy bonds (US rates going up) or euros (big trouble in Euroland).
Don't give up the development of the open-source decentralized ledger. Soon we gonna need it, no matter the outcome. And thanks for everything, both of you.
You too good luck.
I say we all go accomplish and do what we want. And each other make our choices. And let the chips fall where they may.
Life is complex.
Life is complex.
In this at least we are in 100% agreement.
I genuinely wish you the best of luck in your efforts.
CoinCube, my response is that the free market will decide. And what ever it decides is what is.
Men control their top-down portion of the economy. But no man and no oligarchy controls the free market. Even massively collectivized Coasian barriers fall eventually.
If voluntary anonymity is repulsive or you believe (or hope) unsustainable because you don't like that people can voluntarily hide their reputations, then that is your personal pet peeve shared by many other jealous collectivists who irrationally fear everything that they can't control and thus hate human freedom. The free market will decide if anonymity is a better and sustainable paradigm or just a short-term fix to a peaking totalitarianism.
By the way, please don't forget to build a dossier reputation on every potential natural threat in the universe, e.g. include wild animals, unknown tornadoes, hurricanes, etc.. Or just do what many modern people do these days, which is try to keep nature as far away as they can and live in antiseptic bubbles with anti-bacterial soap and very stringent laws and political correctness peer pressure.
Men control their top-down portion of the economy. But no man and no oligarchy controls the free market. Even massively collectivized Coasian barriers fall eventually.
If voluntary anonymity is repulsive or you believe (or hope) unsustainable because you don't like that people can voluntarily hide their reputations, then that is your personal pet peeve shared by many other jealous collectivists who irrationally fear everything that they can't control and thus hate human freedom. The free market will decide if anonymity is a better and sustainable paradigm or just a short-term fix to a peaking totalitarianism.
By the way, please don't forget to build a dossier reputation on every potential natural threat in the universe, e.g. include wild animals, unknown tornadoes, hurricanes, etc.. Or just do what many modern people do these days, which is try to keep nature as far away as they can and live in antiseptic bubbles with anti-bacterial soap and very stringent laws and political correctness peer pressure.
http://blog.mpettis.com/2015/02/when-do-we-decide-that-europe-must-restructure-much-of-its-debt/#comment-123496
Quote from: myself
1. In any decentralized, voluntary participation free market, the control of resources (e.g. savings, knowledge, etc) are always power-law distributed. The leaders will drive the rise of the post-industrial (a.k.a. Knowledge Age) economy and their fixed capital costs are insignificant component of their cost of production.
2. The relevance of the masses is they are fodder for the vested interests who control the political collective and they are vested into the Industrial Age where the control over finance, stored monetary capital, and fixed capital traits give them their power. Thus all the NSA totalitarianism, War on Terror, etc.. Our political masters are marching towards a one-world reserve currency. But the Knowledge Age is fledgling away from their power. They think these fodder are their asset to maintain control, but the Knowledge Age will simply hand them all the liability for those fodder and none of the control, e.g. taxing virtual anonymous commerce will be impossible.
I could go into more detail on your other points, but suffice it to say we are headed into a tempest and a radical paradigm shift for humanity (as was the analogous case for the rise of the Industrial Age, which as you may know required the Black Death in Europe to raise the value of labor).
2. The relevance of the masses is they are fodder for the vested interests who control the political collective and they are vested into the Industrial Age where the control over finance, stored monetary capital, and fixed capital traits give them their power. Thus all the NSA totalitarianism, War on Terror, etc.. Our political masters are marching towards a one-world reserve currency. But the Knowledge Age is fledgling away from their power. They think these fodder are their asset to maintain control, but the Knowledge Age will simply hand them all the liability for those fodder and none of the control, e.g. taxing virtual anonymous commerce will be impossible.
I could go into more detail on your other points, but suffice it to say we are headed into a tempest and a radical paradigm shift for humanity (as was the analogous case for the rise of the Industrial Age, which as you may know required the Black Death in Europe to raise the value of labor).
Whereas, involuntary participation top-down collectivism has a systemic end game risk of being controlled top-down in totalitarianism, i.e. entropy near to 0.
This asymmetry of systemic risk is undeniable.
This asymmetry of systemic risk is undeniable.
Actually we completely agree on this. Where we appear to differ is that I believe this asymmetry will decline and potentially even reverse as technology advances. That is why I support the development of robust anonymous cryptocurrency while simultaneously hoping that a more elegant solution becomes possible.
I am modifying my prior comments in the following manner.
"Anonymity is a desperate and
Does that mollify your concerns?
http://blog.mpettis.com/2015/04/will-the-aiib-one-day-matter/#comment-123522
Quote from: myself
Suvy, we don't disagree on debt being useful. I refined my understanding on debt after contemplating the degrees-of-freedom and fitness point. And that is why I also think leverage is good. I think the problem with leverage is the lack of self-annealing in the free market due to top-down control over reserve ratios which via regulatory capture leads always to lack of transparency. The free market can't anneal political collectivism. Well it does route around that Coasian barrier by collapsing the entire economy instead later once the default contagion forces to do so have accumulated. I think we are that juncture again in world history. Current ETA is collapse to accelerate over the period 2016 - 2019. Europe first, then USA in late 2017 after the strong dollar from the safe haven capital flows chokes off the USA economy. Asia will bottom first because Asia doesn't have the burden of demographics, massive unfunded liabilities for boomers, and bankrupted pensions due to ZIRP.
CoinCube, anarchy will never be composed of infinite equiprobable (i.e. resourceful) actors with no hierarchical structure, thus the downside systemic risk is mild (i.e. the free market will be able to organize and converge on solutions and is the most resilient system nature gave us). There will always be leaders (such as myself) who apply more resources and thus more control into the free market with our resources, e.g. more knowledge capital. In other words, the voluntary participation free market provides for the self-annealed balance between decentralization and hierarchical leadership. The free market and Adam Smith's Invisible Hand is nature's optimum system for us.
Whereas, involuntary participation top-down collectivism has a systemic end game risk of being controlled top-down in totalitarianism, i.e. entropy near to 0.
This asymmetry of systemic risk is undeniable.
Please don't waste my time with more of your illogical myopia and inapplicable strawmen (i.e. yes the research paper is applicable and the optimum entropy is self-annealed by the free market, not by totalitarianism). You can't grasp simple mathematical asymmetry that has been spelled out so clearly for you.
http://armstrongeconomics.com/2015/04/13/discourse-on-voluntary-servitude/
Whereas, involuntary participation top-down collectivism has a systemic end game risk of being controlled top-down in totalitarianism, i.e. entropy near to 0.
This asymmetry of systemic risk is undeniable.
Please don't waste my time with more of your illogical myopia and inapplicable strawmen (i.e. yes the research paper is applicable and the optimum entropy is self-annealed by the free market, not by totalitarianism). You can't grasp simple mathematical asymmetry that has been spelled out so clearly for you.
http://armstrongeconomics.com/2015/04/13/discourse-on-voluntary-servitude/
Quote
I am familiar with The Discourse on Voluntary Servitude, or the Anti-Dictator by Étienne or Estienne de La Boétie (November 1, 1530 – August 18, 1563). We have the same birthday. He is one of the people I have been compared to since he looked deeply into human nature and government as well with the strange surrender of freedom.
The date of preparation of the Discourse on Voluntary Servitude is uncertain but he too was young and delivered his observations between the age of 18 and 22.
The essay argues that any tyrant remains in power because his subjects grant him that power. The freedom of men is voluntarily relinquished by society for they become corrupted by the habit and prefer the servitude of the courtier to the freedom of the free man. This relation between domain and obedience it actually important to understand for this is the reason we have cycles in our political-economy. This is the great mystery of politics – why do people surrender their freedom preferring the obedience to rulers? What possesses humankind to even agree to standby and allow their rights, privileges, and immunizes plundered and otherwise oppressed by government overlords? What Boetie explains in “The Discourse on Voluntary Servitude,” is fa fascinating observation. It is not fear that creates the domination of society, such tyranny requires our consent which can be non-violently withdrawn.
The date of preparation of the Discourse on Voluntary Servitude is uncertain but he too was young and delivered his observations between the age of 18 and 22.
The essay argues that any tyrant remains in power because his subjects grant him that power. The freedom of men is voluntarily relinquished by society for they become corrupted by the habit and prefer the servitude of the courtier to the freedom of the free man. This relation between domain and obedience it actually important to understand for this is the reason we have cycles in our political-economy. This is the great mystery of politics – why do people surrender their freedom preferring the obedience to rulers? What possesses humankind to even agree to standby and allow their rights, privileges, and immunizes plundered and otherwise oppressed by government overlords? What Boetie explains in “The Discourse on Voluntary Servitude,” is fa fascinating observation. It is not fear that creates the domination of society, such tyranny requires our consent which can be non-violently withdrawn.
If we somehow could achieve the goal we both share and enact a government that was stable and intent on constantly shrinking itself there would likely be two opposing political parties.
The anarchist party would constantly be pushing the latest decentralized solution arguing for rapid dissolution of state functions. The collectivist party would constantly call for restraint and more study worrying over the unknown consequences of untested solutions. Balance would be achieved in the interplay between the parties. We would diverge in that hypothetical world just as we do here today.
Divergence expands to fill the available space.
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