Theme: Productivity

  • They Just Want to Consume

    They Just Want to Consume https://propertarianism.com/2020/05/24/they-just-want-to-consume/


    Source date (UTC): 2020-05-24 06:49:43 UTC

    Original post: https://twitter.com/i/web/status/1264448473472040960

  • They Just Want to Consume

    Feb 4, 2020, 9:46 AM

    —“I think you nailed it a few years ago. We’re primarily focused on improvement and transcendence while they don’t even want to participate just seize, re-distribute, and spend down capital and wealth.”—James Santagata

  • They Just Want to Consume

    Feb 4, 2020, 9:46 AM

    —“I think you nailed it a few years ago. We’re primarily focused on improvement and transcendence while they don’t even want to participate just seize, re-distribute, and spend down capital and wealth.”—James Santagata

  • Works Every Time:

    Feb 5, 2020, 7:56 PM When out of college: Get rid of the TV, XBOX, Game Computer. Live with other guys to save money. Work multiple jobs. Save everything from the second job, and half or more from the first. Get a family friendly dog and take classes to train it. Get a house or condo that you own Get an adequate used car. Save a small portfolio of boring investments. Lift a few barbells in the morning before work. Read a book to fall asleep rather than watch videos or tv. This will get you a wife. It’s not complicated. You have to bait the wildlife to catch it. To most men I say either: (a) go into the most complicated and technical trade you can possibly get into. (b) Get into tech if you can (c) get into business if you can. (d) as fast as you can gain expertise get into sales, and from sales to entrepreneurship or executive position – if you have the IQ and discipline. If you stay in a trade plan on your career tanking after 40, and halving your income. If you get into an exec position plan on it tanking after 50 and tanking your income. This means pay off your goddamn house by 40 and you’re golden.

  • Works Every Time:

    Feb 5, 2020, 7:56 PM When out of college: Get rid of the TV, XBOX, Game Computer. Live with other guys to save money. Work multiple jobs. Save everything from the second job, and half or more from the first. Get a family friendly dog and take classes to train it. Get a house or condo that you own Get an adequate used car. Save a small portfolio of boring investments. Lift a few barbells in the morning before work. Read a book to fall asleep rather than watch videos or tv. This will get you a wife. It’s not complicated. You have to bait the wildlife to catch it. To most men I say either: (a) go into the most complicated and technical trade you can possibly get into. (b) Get into tech if you can (c) get into business if you can. (d) as fast as you can gain expertise get into sales, and from sales to entrepreneurship or executive position – if you have the IQ and discipline. If you stay in a trade plan on your career tanking after 40, and halving your income. If you get into an exec position plan on it tanking after 50 and tanking your income. This means pay off your goddamn house by 40 and you’re golden.

  • 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.’  

  • Fiat Currency or “infinity” Money (Share-In-Economy Money) Is a Competitive Necessity.

    Mar 29, 2020, 12:34 PM

    —“Boomers hate crypto for some reason even though crypto still seems more real than printing infinity money.”—Avin Welleci

      Fiat Currency or “Infinity” money (share-in-economy money) is a competitive necessity. We can’t survive in a world economy without it. And we certainly can’t insure one another against disasters without it. Special Fiat Currency such as Food Stamp Money is extremely useful. There is no reason we don’t add ‘utility money, housing money’ as well. Conversely, Crypto money (token money) is a means of saving. And commodity money an even more fault tolerant means of saving – albeit a costly one. They all have their roles. I suspect it’s not occurring to you that the central issue is having one currency rather than multiple. Fiat Housing < Fiat Utility < Fiat Food < Fiat General < Digital Savings < Gold(commodity money). There is too little gold to serve as commodity money. Oil is too variable for commodity money. It’s possible to crate a basket of commodity money, from all the precious metals. My argument was that (a) crypto cannot serve as money substitute given current tech and costs of computing, (b) that self hosted crypto means the network is institutionally fragile (c) that a monolithic transaction system is faster, less fragile, and unassailable by the state. (d) the state will not tolerate the us of it for the reasons it was invented: drug money. Don’t assume boomer means bias (I’m a jones generation by the way – between boomers and x’s – like bill gates, steve jobs) It might mean (as it does in this case) i know more than you do. ’cause I do. 😉

  • Fiat Currency or “infinity” Money (Share-In-Economy Money) Is a Competitive Necessity.

    Mar 29, 2020, 12:34 PM

    —“Boomers hate crypto for some reason even though crypto still seems more real than printing infinity money.”—Avin Welleci

      Fiat Currency or “Infinity” money (share-in-economy money) is a competitive necessity. We can’t survive in a world economy without it. And we certainly can’t insure one another against disasters without it. Special Fiat Currency such as Food Stamp Money is extremely useful. There is no reason we don’t add ‘utility money, housing money’ as well. Conversely, Crypto money (token money) is a means of saving. And commodity money an even more fault tolerant means of saving – albeit a costly one. They all have their roles. I suspect it’s not occurring to you that the central issue is having one currency rather than multiple. Fiat Housing < Fiat Utility < Fiat Food < Fiat General < Digital Savings < Gold(commodity money). There is too little gold to serve as commodity money. Oil is too variable for commodity money. It’s possible to crate a basket of commodity money, from all the precious metals. My argument was that (a) crypto cannot serve as money substitute given current tech and costs of computing, (b) that self hosted crypto means the network is institutionally fragile (c) that a monolithic transaction system is faster, less fragile, and unassailable by the state. (d) the state will not tolerate the us of it for the reasons it was invented: drug money. Don’t assume boomer means bias (I’m a jones generation by the way – between boomers and x’s – like bill gates, steve jobs) It might mean (as it does in this case) i know more than you do. ’cause I do. 😉

  • Career Advice for Men

    Apr 1, 2020, 12:45 PM

    —“As a successful entrepreneur would you mind sharing some career advice with me? Do you advise more of a focus on technical knowledge such as computer science or soft skills and selling?”—

    One lesson for every main in the world:

    -“Every man must learn or trade or else eventually become a scoundrel”– Spinoza.

    Always Always Always Learn a technical trade FIRST. In the most difficult field you can manage. The Trades, Engineering, Sciences, or Law. The source of the training or degree doesn’t matter after the first three years. Just create a record of sticking with a job for two years and then upgrading if you need to. Then after your first four to six years get the best you can. It makes no sense to try for google-facebook-apple unless you are in the top .1%. These are ridiculous outliers. Instead, the world is full of opportunities to master your field. The general career progression is Trade > Project Management > Sales > Contracts > Accounting-Finance > Executive > Marketing > Entrepreneur > CEO > Capital Raising > Diversification of Investments > Investor. Always, always, always try to follow that path to the best of your ability. Get the training you need to get a job. Work hard at learning the job as much as accomplishing it while you are young and have strength and energy. Always always always, make sure if you’re in a trade that you have paid off your house before you’re 35. This means it doesn’t matter what happens to your body after 40. Your demand is lower.

  • Career Advice for Men

    Apr 1, 2020, 12:45 PM

    —“As a successful entrepreneur would you mind sharing some career advice with me? Do you advise more of a focus on technical knowledge such as computer science or soft skills and selling?”—

    One lesson for every main in the world:

    -“Every man must learn or trade or else eventually become a scoundrel”– Spinoza.

    Always Always Always Learn a technical trade FIRST. In the most difficult field you can manage. The Trades, Engineering, Sciences, or Law. The source of the training or degree doesn’t matter after the first three years. Just create a record of sticking with a job for two years and then upgrading if you need to. Then after your first four to six years get the best you can. It makes no sense to try for google-facebook-apple unless you are in the top .1%. These are ridiculous outliers. Instead, the world is full of opportunities to master your field. The general career progression is Trade > Project Management > Sales > Contracts > Accounting-Finance > Executive > Marketing > Entrepreneur > CEO > Capital Raising > Diversification of Investments > Investor. Always, always, always try to follow that path to the best of your ability. Get the training you need to get a job. Work hard at learning the job as much as accomplishing it while you are young and have strength and energy. Always always always, make sure if you’re in a trade that you have paid off your house before you’re 35. This means it doesn’t matter what happens to your body after 40. Your demand is lower.