Form: Short Note

  • Been trying to find a solution to a particular problem of political economy, and

    Been trying to find a solution to a particular problem of political economy, and that is, that I’m not convinced it is even possible to honestly resell a loan. In fact, I’m pretty sure that everyone involved in the issuance of any loan should be responsible for it.

    Now, digital coinage solves that problem by allowing us to cheaply issue shares on any particular loan, and to sell the shares against that loan without laundering causality or transferring responsibility for the loan and its default. This restores the lender’s liquidity without transferring ownership of something that I do not think can be ‘priced’ honestly except by the issuer and his honest assessment of the risk.

    This is a very interesting political theory. And it’s a fascinating business problem. The insurer then, simply functions as a title registry for data, and that registry could even be public as are BTC.

    Since it’s not POSSIBLE to honestly issue a loan any other way, then this gets out of the problem of loan bubbles, and even makes it nearly impossible to profit from state inflation of individual markets…. hmmmmm…… also stops too big to fail….

    I knew I would figure it out if I stuck with it…..


    Source date (UTC): 2014-01-26 09:30:00 UTC

  • KIEV UPDATE Well the president refused to resign. Made an offer to give the oppo

    KIEV UPDATE

    Well the president refused to resign. Made an offer to give the opposition the prime minister’s office. Offer rejected. They want his resignation.

    The protesters have seized something like ten or eleven regional government offices. So confidence is spreading.

    It looks like they’ve taken over the House of parliament and are just tearing it to pieces in between setting off fireworks inside and out.

    Their spirits are very high. You can hear them chanting from my apartment.

    Sort of seems the world is finally paying attention.

    Cell reception is out over here. Not sure if it’s related.

    The russians only gave ukraine 15B. I don’t know how long that will last but it’s a drop in the bucket. Between the banks, and the investments here, Russia pretty much owns whatever the oligarchs here don’t own.


    Source date (UTC): 2014-01-25 17:10:00 UTC

  • LIFE LESSONS : A YEAR AND A HALF OF RECUPERATION AND EXPLORATION The capitalist

    LIFE LESSONS : A YEAR AND A HALF OF RECUPERATION AND EXPLORATION

    The capitalist in me does not like very much what I’ve learned.

    The scientist in me forces me to accept it.

    The economist in me is surprised at what I have learned.

    The philosopher in me is fascinated.

    The male in me is overjoyed.

    The enlightenment experiment with government is almost over. It will die with the boomers, like the socialist experiment has died. But so will the anglo form of capitalism. It was very good while it lasted.


    Source date (UTC): 2014-01-25 10:39:00 UTC

  • CULTURAL OBSERVATIONS You know, it’s freeing cold outside, and we are approachin

    CULTURAL OBSERVATIONS

    You know, it’s freeing cold outside, and we are approaching a state of revolution nearby. But on this Saturday mid-afternoon, in this middle class neighborhood, in this ordinary restaurant, there are more beautiful women (and men) than you can find in the entirety of most major cities during a warm june day.

    I love these people. They’re beautiful because it matters to them.

    Americans, other than girls in puberty, demonstrate their status by how careless they can pretend to be.

    Sorry west coast people. I love you. But the whole east coast traditional elegance thing just wins hands down. And the farther east in europe you go the better it gets.

    Self respect is beautiful.


    Source date (UTC): 2014-01-25 09:18:00 UTC

  • It would be very interesting if we sold shares of common stock in corporations l

    It would be very interesting if we sold shares of common stock in corporations like btc, and I’ve considered building an exchange for doing that actually; because it would cut out the major financial houses from the investment process and make it much harder to manipulate stocks and profit from gating a market. If you think BTC is revolutionary for the government, imagine the effect that zero cost transactions on fractional stock purchases would have on the NYC financial system: it would destroy it. All trades would be transparent.


    Source date (UTC): 2014-01-25 08:41:00 UTC

  • THE ANSWER TO UKRAINIAN POLITICAL CONFLICT IN OBVIOUS TERMS

    THE ANSWER TO UKRAINIAN POLITICAL CONFLICT IN OBVIOUS TERMS


    Source date (UTC): 2014-01-25 06:30:00 UTC

  • ONE STEP CLOSER TO TAX FREEDOM Rec’d notice from IRS today that they’ve released

    ONE STEP CLOSER TO TAX FREEDOM

    Rec’d notice from IRS today that they’ve released everything. So, the bad part is that they almost killed my company for the simple reason that they don’t use the internet and email – because anyone in the world can find my phone number in under five minutes. which they didn’t do.

    The good part is that, as I said all along. I don’t owe them money.

    Sigh.

    Now, assuming they don’t start shooting people here tonight I’ll sleep better.


    Source date (UTC): 2014-01-23 15:01:00 UTC

  • the income inequality myth

    http://politicalcalculations.blogspot.com/2014/01/debunking-income-inequality-theory.html?m=1Debunking the income inequality myth


    Source date (UTC): 2014-01-23 10:08:00 UTC

  • Untitled

    http://worthwhile.typepad.com/worthwhile_canadian_initi/2014/01/another-weird-monetary-world.htmlImagine…


    Source date (UTC): 2014-01-23 10:05:00 UTC

  • Walter Block Is Wrong. Just Like Rothbard

    http://nblo.gs/T4UkzNo. Walter Block Is Wrong. Just Like Rothbard.


    Source date (UTC): 2014-01-23 07:41:00 UTC