Theme: Incentives

  • You Create a Movement with Ideas that Sell Themselves

    Feb 7, 2020, 10:09 AM

    You create a movement with ideas that sell themselves because they provide value to people by solving problems of the age – not by enthusiasm. Inspiration’s half life is 24 hours. A solution’s value lasts as long as there is a market for it.

  • You Create a Movement with Ideas that Sell Themselves

    Feb 7, 2020, 10:09 AM

    You create a movement with ideas that sell themselves because they provide value to people by solving problems of the age – not by enthusiasm. Inspiration’s half life is 24 hours. A solution’s value lasts as long as there is a market for it.

  • Our Proposal Is Hard to Refuse

    Feb 10, 2020, 2:11 PM P-Constitution, it’s nationalization of consumer credit, and its prohibitions on rent seeking, will destroy the entire rent seeking structure of the western economies, preserving only those investments that contribute to production. The entire insurance industry, mortgage industry, credit card industry, and any business that makes it’s money from credit rather than production and sale of goods and services will collapse with all the wealth retained by the laboring, working, and middle classes. The Concentration of wealth in DC, NY and via New York to Hollywood/LA will vaporize within months. Investors will flee to Assets. The prohibition on baiting into hazard, and the institution of involuntary warranty; the liability for testimonial speech in public, restoration of defamation, and the extension of defamation to defense of the commons; and the loss of copyright protection other than creative commons will collapse the media and advertising business as they desperately seek to reform. Capital will seek safety first, then alliance with the treasury on investments, and the states will have no alternative than to follow germany, japan, and south korea into competing with china on tech, and depriving china of its market. The requirement for right to repair and limits to labor arbitrage will restore european markets. The distribution of liquidity directly to citizens to maintain spending, and the deprivation of ‘undesirables’ from this distribution will drive them out of the market. This strategy amounts to paying off the middle to destroy the top and bottom.

  • Our Proposal Is Hard to Refuse

    Feb 10, 2020, 2:11 PM P-Constitution, it’s nationalization of consumer credit, and its prohibitions on rent seeking, will destroy the entire rent seeking structure of the western economies, preserving only those investments that contribute to production. The entire insurance industry, mortgage industry, credit card industry, and any business that makes it’s money from credit rather than production and sale of goods and services will collapse with all the wealth retained by the laboring, working, and middle classes. The Concentration of wealth in DC, NY and via New York to Hollywood/LA will vaporize within months. Investors will flee to Assets. The prohibition on baiting into hazard, and the institution of involuntary warranty; the liability for testimonial speech in public, restoration of defamation, and the extension of defamation to defense of the commons; and the loss of copyright protection other than creative commons will collapse the media and advertising business as they desperately seek to reform. Capital will seek safety first, then alliance with the treasury on investments, and the states will have no alternative than to follow germany, japan, and south korea into competing with china on tech, and depriving china of its market. The requirement for right to repair and limits to labor arbitrage will restore european markets. The distribution of liquidity directly to citizens to maintain spending, and the deprivation of ‘undesirables’ from this distribution will drive them out of the market. This strategy amounts to paying off the middle to destroy the top and bottom.

  • The Full Circle of Currency

    Feb 24, 2020, 10:49 AM

    • by Bill Joslin –

    From what i understand currency pertained to debt tracking before it was used for trade. (in group tally of debts within small communities that distributed resources and only engaged in formal trade across groups)(greaber’s Debt) (oddly we’ve come full circle with currency created when debts are issued) -by Paul Franklin – Coinage, then, might have been an attempt to create professional armies to avoid paying them through plunder? Philanthropic. Paper money, according to Ezra Pound, was ‘philanthropic’ invention of a Chinese Emperor in a drought, issued to the starving illiterate peasants that they might buy enough of the grain they grew from the Barons who kept it, and not die. The barons redeem the paper for the promise of gold declared for their presentation before the Emperor. Promise? Is this the same post? One message I have for Christians, one thing that I can tell you with the same certainty I can predict tomorrow’s sunrise will occur – Christ is definitely not coming. No point in waiting for that promise to be fulfilled. Although the implication is therefore that he must already be here?

  • The Full Circle of Currency

    Feb 24, 2020, 10:49 AM

    • by Bill Joslin –

    From what i understand currency pertained to debt tracking before it was used for trade. (in group tally of debts within small communities that distributed resources and only engaged in formal trade across groups)(greaber’s Debt) (oddly we’ve come full circle with currency created when debts are issued) -by Paul Franklin – Coinage, then, might have been an attempt to create professional armies to avoid paying them through plunder? Philanthropic. Paper money, according to Ezra Pound, was ‘philanthropic’ invention of a Chinese Emperor in a drought, issued to the starving illiterate peasants that they might buy enough of the grain they grew from the Barons who kept it, and not die. The barons redeem the paper for the promise of gold declared for their presentation before the Emperor. Promise? Is this the same post? One message I have for Christians, one thing that I can tell you with the same certainty I can predict tomorrow’s sunrise will occur – Christ is definitely not coming. No point in waiting for that promise to be fulfilled. Although the implication is therefore that he must already be here?

  • Money Flow

    Mar 26, 2020, 1:35 PM

    —“Dear Curt, I’ve watched several of your discussions with John Mark over the past year or so. Your ideas are very interesting. Tell me, have you tested your concepts, as outlined The Steps To American Restoration, by running a cost analysis and economic money flow? If the answer is yes, then would it be possible to view it? Yours sincerely,”— P de H.

    There are a number of policies involved in our “Proposal”. The principle objectives are to (a) eliminate the possibility of financial rent seeking on consumers, (b) convert the banking system infrastructure (access to physical and digital cash) that disinter-mediates the citizenry from the treasury, (c) force investors into riskier returns on longer term capital investments – principally concentrating capital in tech, medicine, and automation that produce multipliers, (d) and redirect the savings to the production of investment impossible for the private sector – principally repatriation of medicine and tech, and further research and development, especially basic research (physics etc), (e) with the ambition of restoring the possibility of single income two parent households necessary for (non-dysgenic) intergenerational production of western high-investment human beings. Where western high investment parenting directs people to the production of commons and aggregate returns versus the asian and jewish production of familial goods. This will end the drastic cost to the working and middle class by the financialization of the economy necessary during the 20th to fight the world wars, the war against communism, and the conversion of the world to the anglo system of rule of law, finance, and trade, the continuation of our 1400 year war war to contain fundamentalist islam, and our present attempt to compensate for collapse of reproduction by immigrating consumers given our failure to produce increases in productivity without destroying gains by war, bureaucracy, inflation, and financial parasitism. For the audience: Circular Flow of the Economy

    (see diagram attached) The economy can be thought of as two cycles moving in opposite directions. In one direction, we see goods and services flowing from individuals to businesses and back again. This represents the idea that, as laborers, we go to work to make things or provide services that people want. … In the opposite direction, we see money flowing from businesses to households and back again. This represents the income we generate from the work we do, which we use to pay for the things we want. … Both of these cycles are necessary to make the economy work. When we buy things, we pay money for them. When we go to work, we make things in exchange for money. … The circular flow model of the economy distills the idea outlined above and shows the flow of money and goods and services in a capitalist economy. What is Money Flow? Money flow is calculated by averaging the high, low and closing prices, and multiplying by the daily volume. Comparing that result with the number for the previous day tells traders whether money flow was positive or negative for the current day. Positive money flow indicates that prices are likely to move higher, while negative money flow suggests prices are about to fall. Economic Money Flow “Economic money flow” would refer to how money would flow through the economy under this model instead of the current model. Calculability: Proposal also includes right to repair. Consumer protection, creditor shall bear risk, elimination of hazard fees, prohibition on churning. all of which drive to higher quality lower volume more durable goods. Proposal restores intergenerational housing, zoning for it, limits on mortgage duration, suppression of housing prices, direction of savings to retirement savings, direction of retirement savings to long term investment. North et all did work as by product of MMT debate. MMT can’t work without continuous inflation. This strategy divorces the long term strategic economy (state-taxes), the innovative and adaptive economy (private sector), and the family consumer economy credit systems (treasury-debt). Modeling Produces: – increased search for stability if consumer credit rents are not available. – much more rapid restoration and adaption of the economy in response to socks, crises, business cycle shifts. – increased pressure on long term contracts to adapt to possible inflation – shifts in consumption – shift in rates of reproduction More later for those interested.’  

  • No We Cannot Return to Commodity Money

    A return to commodity money can’t be done. It privileges investors at the expense of ordinary people, and managing the supply of money is too valuable for an economy. No economy can compete without it. And there are other vehicles for storing capital – including commodity money, real estate, commodities (how oil functions today). Commodity Money has value external to it being used as money. Currency only has value as commodity money substitute. Asking a country not to use currency (shares of stock in the economy) is as ridiculous as telling companies that they can’t issue public shares of stock, nor release additional shares of stock. Like all things, libertarian ideas were attempts to westernize jewish diasporic ethics of the pale that depended upon specializing in extractive usury, and using the proceeds to construct rent seeking, and baiting into hazard. (Falsification of Libertarian Dogma: “What right do you have to the appreciation of the purchasing power of a currency without contributing to the production of that value?” And “What right do you have to the preservation of the purchasing power of a currency?” And “Why does an lender have right to price stability at the expense of the rest of the marketplace?” Those are the three demands that drive the (((usury))) philosophy we call’ libertarianism.)

  • No We Cannot Return to Commodity Money

    A return to commodity money can’t be done. It privileges investors at the expense of ordinary people, and managing the supply of money is too valuable for an economy. No economy can compete without it. And there are other vehicles for storing capital – including commodity money, real estate, commodities (how oil functions today). Commodity Money has value external to it being used as money. Currency only has value as commodity money substitute. Asking a country not to use currency (shares of stock in the economy) is as ridiculous as telling companies that they can’t issue public shares of stock, nor release additional shares of stock. Like all things, libertarian ideas were attempts to westernize jewish diasporic ethics of the pale that depended upon specializing in extractive usury, and using the proceeds to construct rent seeking, and baiting into hazard. (Falsification of Libertarian Dogma: “What right do you have to the appreciation of the purchasing power of a currency without contributing to the production of that value?” And “What right do you have to the preservation of the purchasing power of a currency?” And “Why does an lender have right to price stability at the expense of the rest of the marketplace?” Those are the three demands that drive the (((usury))) philosophy we call’ libertarianism.)

  • Market timing is impossible. But Antifragility is NOT.

    Mar 29, 2020, 11:32 AM

    Ok. So using civilizational development, demographic, generational, technological, and business cycles I’ve been within a month or two of every major correction (opportunity exhaustion) since I started working (except china). Market timing is impossible. But Antifragility is NOT.