[Vo]:Re: LENR on a Chip
RE: [Vo]:LENR on a ChipJones-- I assume that the resonances are microwave frequencies or greater, up to a frequency of infrared light. A normal resonance for NMR is in the radio wave frequency. This resonance changes with increasing B fields to reflect the differential spin energy states of a nucleus. (900 MH may be acceptable to allow coupling in some coherent systems subjected to large B fields.) I would say that the energy between spin quanta states of the respective coherent system is what must be matched to the phonic transitions associated with lattice vibrations at the reaction temperature. The temperature of the coherent system, including the metal lattice and its electrons, is what determines the resonance conditions of the lattice electrons orbital spin states and which is coupled to the coherent system’s nuclear spin states. Since the lattice electrons are many, with many in resonant conditions at any given temperature, they are able in concert to accept many quanta of spin energy needed to effect a transition to a more stable nuclear configuration with lower mass and a net loss of energy. IMHO the spin energy transfers happens rapidly, but not instantaneously. Thus, in my earlier comment I suggested reaction time constants were important in engineering control. Without a time constant in effect, control of LENR reactions would not be possible and would be inconsistent with experiments that have achieved control. Bob Cook From: Jones Beene Sent: Wednesday, August 05, 2015 6:16 PM To: vortex-l@eskimo.com Subject: RE: [Vo]:LENR on a Chip From: Bob Cook Ø ØIMHO, the changing B field creates the coupling associated with the coherent system’s spin state, all during the small time increment the appropriate resonances occur, to allow the transition of mass energy to phonic energy and/or low frequency EM energy… Bob … not necessarily low frequency (or how low is low?) … if the spin energy could be resonantly tuned to microwave frequencies, then direct conversion to DC is easier (has been demonstrated at acceptable efficiency at 900 MHz) http://scitation.aip.org/content/aip/journal/apl/103/16/10.1063/1.4824473 A planar “package” of 3-4 components: SPP chip, Ni-H target, and microwave collector is arguably possible as a self-powered “battery” for a smart phone or other small electronics which operates at room temperature, since SPP creation no longer requires incandescence. If we can operate without a thermal cycle, we can maximize spin conversion to electrical current with a minimal size. To do this, the parameters can possibly be tied into the Overhauser effect and DNP and operate somewhat as an analogy to the Mossbauer effect. I think Axil may have speculated on the type of spin coupling which would be necessary to bypass the thermal cycle altogether. Here is some Wiki-wisdom. https://en.wikipedia.org/wiki/Dynamic_nuclear_polarisation https://en.wikipedia.org/wiki/Nuclear_Overhauser_effect Note the blip on “Magic Angle Spinning DNP (MAS-DNP)”… J
RE: [Vo]:LENR on a Chip
From: Bob Cook * *IMHO, the changing B field creates the coupling associated with the coherent system’s spin state, all during the small time increment the appropriate resonances occur, to allow the transition of mass energy to phonic energy and/or low frequency EM energy… Bob … not necessarily low frequency (or how low is low?) … if the spin energy could be resonantly tuned to microwave frequencies, then direct conversion to DC is easier (has been demonstrated at acceptable efficiency at 900 MHz) http://scitation.aip.org/content/aip/journal/apl/103/16/10.1063/1.4824473 A planar “package” of 3-4 components: SPP chip, Ni-H target, and microwave collector is arguably possible as a self-powered “battery” for a smart phone or other small electronics which operates at room temperature, since SPP creation no longer requires incandescence. If we can operate without a thermal cycle, we can maximize spin conversion to electrical current with a minimal size. To do this, the parameters can possibly be tied into the Overhauser effect and DNP and operate somewhat as an analogy to the Mossbauer effect. I think Axil may have speculated on the type of spin coupling which would be necessary to bypass the thermal cycle altogether. Here is some Wiki-wisdom. https://en.wikipedia.org/wiki/Dynamic_nuclear_polarisation https://en.wikipedia.org/wiki/Nuclear_Overhauser_effect Note the blip on “Magic Angle Spinning DNP (MAS-DNP)”… :-)
Re: [Vo]:A 21st Century Case for Gold: A New Information Theory of Money.
Jed, It cannot be true that you think there is no inflation.. What about my exampla. If there is no inflation why does the government need to increase taxes and fees?? Yes there are tendencies at deflation because of all manipulations. As I said before there is a hidden inflation. Fees and other governmental charges are increasing. That fits all politicians. More money to handle (read skim from). No, inflation in itself does not create economic enhancement. I agree with that. Inflation is merely a way to distribute the assets. Best Regards , Lennart Thornros www.StrategicLeadershipSac.com lenn...@thornros.com +1 916 436 1899 202 Granite Park Court, Lincoln CA 95648 “Productivity is never an accident. It is always the result of a commitment to excellence, intelligent planning, and focused effort.” PJM On Wed, Aug 5, 2015 at 5:34 PM, Jed Rothwell jedrothw...@gmail.com wrote: Lennart Thornros lenn...@thornros.com wrote: Money is not the issue. The way they are handled and looked upon is. As a .ashfield said there is inflation just that we use all sorts of methods and stats to hide it. No, there is not inflation, and if there were, there are no methods or stats that would hide it. Such notions are another example of preposterous conspiracy theories. If there were inflation, it would be in the interests of many powerful people in the Congress, on Wall Street, at banks and elsewhere to measure it. They would not keep their findings secret. In particular, right wing economists would plaster this data on the front page of the Wall Street Journal. Some of them have been saying for years that inflation is just around the corner, it will happen Any Day Now, and we have to take drastic steps to avoid it. They have been looking high and low for evidence of inflation to prove they are right. So far they have found none. Where there is a lack of demand, high unemployment, the banks pay practically no interest, and ordinary consumers are growing poorer year by year, inflation is unlikely. These conditions cause deflation instead, as they have done in Japan for the last 20 years. The Abe government is trying hard to go the other way and inflate by 2% per year. I do not think it is working. - Jed
[Vo]:Fossil fuel companies are vulnerable to a small loss of business
Regarding this report: Alpha Natural Resources, a Onetime Coal Giant, Files for Bankruptcy Protecton [sic] http://www.nytimes.com/2015/08/04/business/energy-environment/alpha-natural-resources-a-onetime-coal-giant-files-for-bankruptcy-protecton.html?_r=0 Below are some interesting quotes from the article which point out the vulnerability of large energy companies to relatively small downturns in their business. This coal company along with several others is in grave condition because the market for coal has fallen by 15% since 2008. In some other industry with less overhead and lower capital investments, an industry-wide loss of 15% over seven years would be a problem but it would not trigger bankruptcy. The desktop and laptop computer business has declined by similar numbers in the last 5 to 10 years but it is not causing such large problems. McDonald's has also been losing business, and it is in trouble, but it is nowhere near bankruptcy If cold fusion comes along and takes away even a few percent of the business from fossil fuel and electric power companies, and it becomes clear that in the long term it will take a larger share, I predict this will have a drastic effect on these industries. These companies can only operate on a large scale. There is no point to sending an oil tanker half-full or even 90% full. You cannot operate a coal mine profitably for only 4 hours a day. If the demand for baseline electricity falls below the level provided by a nuclear reactor, the power company will be in huge trouble because nuclear plants cost millions of dollars a day whether you use them or not. I think this may be good news for cold fusion. It means the fossil fuel companies will be vulnerable. Of course the oil companies have billions of dollars stashed away, and great political power and influence in the Congress. But I think this money and power will be rapidly depleted. Look how quickly the coal companies ran through their stash of cash, and look at how little influence they now have in Congress, just a few years after their peak of production and high profits. Big coal is already on the ropes so it cannot easily fight cold fusion. I predict that big oil will not take cold fusion seriously and they will not begin to fight it soon enough to crush it in the early stages. If you do not crush something like this quickly, it will soon grow beyond your control. Once it gets into a few niche markets it will be profitable and it will grow rapidly, soon moving out to take over mainstream markets. There will be powerful corporations in favor of cold fusion. They will want to sell it, taking profits away from the coal and oil companies, which will be like taking candy from a baby. By the time the oil companies realize they are bleeding, they will be mortally wounded. That is what happened to the coal companies. Just a few years ago they were riding high. They ignored fracking, and they bet that wind and solar would go nowhere, and that the Chinese market would expand indefinitely. As I said, taking business away from such people is like taking candy from a baby. It is like watching Walmart, Target and Amazon.com bludgeon Sears to death. You feel sorry for the hapless management. It should be much easier to take business away from a coal company with cold fusion than it has been with wind and solar power, because cold fusion will not need a subsidy and it can be done on a small scale. (Wind only works on a large scale.) Cold fusion will also clobber the wind and solar industries. I predict they will also realize this too late to prevent it. I have heard anodyne comments from industry experts at ICCF conferences and elsewhere that we need an integrated energy system and all sectors will have a role to play. This is ridiculous. It is like looking at the first electronic calculators and small computers in 1979 and saying I am sure there will be room in the marketplace for slide rules, mechanical calculators, and the abacus; we need an integrated data processing market where everyone plays a part. No, we don't. Anyone trying to compete with electronic calculators in 1975 was doomed. (The abacus is not a pretend example. Abacuses were in widespread use in Japanese banks well into the 1970s. The cashiers used them. Of course they were a ridiculous waste of manpower and time, and they forced the bank to do the same transaction two or three times before it finally reached the computer. Japanese institutions tend to waste manpower.) QUOTES FROM ARTICLE: The coal industry suffers from multiple problems. Natural gas prices have swooned in recent years, leading many utilities to switch from coal. The Obama administration on Monday unveiled a set ofEnvironmental Protection Agency regulations that could close hundreds more coal-fired generation plants. At the same time, China, which consumes 45 percent of the world’s coal, is steeply reducing the burning of coal to combat urban air pollution. And the strength of the
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Re: [Vo]:A 21st Century Case for Gold: A New Information Theory of Money.
James Bowery jabow...@gmail.com wrote: The SPLC may or may not have been directly involved in the assassination but it is clear they had the means, motive and opportunity. With a time machine, not doubt. MLK was assassinated in 1968. The SPLC was founded in 1971. True the SPLC could not have acted as a legal person as it did not exist, but its antecedents certainly did exist in the form of the natural person who comprised it and then proceeded . . . You said they had hundreds of millions of dollars. They did not. They were ordinary lawyers and a book publisher. They were nobodies, with no influence or power. The lawyers had taken on many civil rights cases but they were paid little. However, they were then and are now well regarded by people in the civil rights movement. Apparently you think civil rights leaders have no sense of judgement and they are extremely stupid and incapable of recognizing their own worst enemies. I have known some of them personally for decades, and I can say with assurance that you are completely batty on this subject. You are living in a fantasy world. I will not comment again on your conspiracy theories. - Jed
Re: [Vo]:A 21st Century Case for Gold: A New Information Theory of Money.
Lennart Thornros lenn...@thornros.com wrote: Money is not the issue. The way they are handled and looked upon is. As a .ashfield said there is inflation just that we use all sorts of methods and stats to hide it. No, there is not inflation, and if there were, there are no methods or stats that would hide it. Such notions are another example of preposterous conspiracy theories. If there were inflation, it would be in the interests of many powerful people in the Congress, on Wall Street, at banks and elsewhere to measure it. They would not keep their findings secret. In particular, right wing economists would plaster this data on the front page of the Wall Street Journal. Some of them have been saying for years that inflation is just around the corner, it will happen Any Day Now, and we have to take drastic steps to avoid it. They have been looking high and low for evidence of inflation to prove they are right. So far they have found none. Where there is a lack of demand, high unemployment, the banks pay practically no interest, and ordinary consumers are growing poorer year by year, inflation is unlikely. These conditions cause deflation instead, as they have done in Japan for the last 20 years. The Abe government is trying hard to go the other way and inflate by 2% per year. I do not think it is working. - Jed
Re: [Vo]:A 21st Century Case for Gold: A New Information Theory of Money.
James Bowery jabow...@gmail.com wrote: True the SPLC could not have acted as a legal person as it did not exist, but its antecedents certainly did exist in the form of the natural person who comprised it and then proceeded . . . You said they had hundreds of millions of dollars. I said they have, in the present tense, hundreds of millions of dollars. But they did not have any money in 1968, when you allege they masterminded an assassination. They had no money or influence, except among a small group of people working in civil rights. They were just a couple of threadbare lawyers and a book publisher. Such people do not mastermind the assassination of a world famous Nobel Prize winner. Or, if they do, the police catch them. - Jed
Re: [Vo]:A 21st Century Case for Gold: A New Information Theory of Money.
I wrote: 2007 $5.1 trillion 2006 $4.6 trillion *THAT SHOULD BE 2008 -- the year of the crash* 2010 $4.7 trillion 2014 $5.8 trillion (finally recovered) Government income declined from $5.1 to $4.6 while government expenses went through the roof, because the government bailed out the banks, GM and Wall Street with the TARP program. Fortunately, most of that money was paid back, including interest. $455 billion spent, $442 billion paid back, 98.9% recovery. http://www.treasury.gov/initiatives/financial-stability/reports/Pages/TARP-Tracker.aspx Government expenses also increased because of safety net expenses such as unemployment payments and food stamps. It would have been a 1929-type catastrophe if that had not happened. - Jed
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Re: [Vo]:A 21st Century Case for Gold: A New Information Theory of Money.
Lennart Thornros lenn...@thornros.com wrote: It cannot be true that you think there is no inflation.. There has been very little overall inflation. Obviously, some things have gotten expensive, but others are cheaper. For example, eggs are expensive because of avian influenza. On the other hand, coal, oil and gas are record low costs (relative to other commodities, adjusted for inflation). People spend a lot more on fossil fuel than on eggs. What about my exampla. If there is no inflation why does the government need to increase taxes and fees?? Some governments increased some taxes and fees after 2008 because the economy collapsed and government income declined drastically. Not because there was inflation. Overall, government collected less money than it did before the crisis. Totals: 2007 $5.1 trillion 2006 $4.6 trillion 2010 $4.7 trillion 2014 $5.8 trillion (finally recovered) http://www.usgovernmentrevenue.com/year_revenue_2014USbn_16bs1n#usgs302 Yes there are tendencies at deflation because of all manipulations. No one can manipulate something as large as the U.S. economy enough to hide something like general inflation. No one has that kind of power. The U.S. GDP is $17 trillion. You cannot deliberately suppress (or enhance) the price of any commodity or group of commodities enough to make a difference. Eggs could cost $10 each and it would barely register. It would be swamped by the falling cost of natural gas, coal and oil. As I said before there is a hidden inflation. No, there isn't. No one can hide significant inflation. You are repeating a right-wing urban myth. You can only hide very small inflation for products that economists in the government, the banks, investment companies and elsewhere do not monitor. The price change of any commodity that plays a measurable role in the economy, such as eggs, will be noted by the economists. They have computers. Supercomputers. They monitor prices and the overall economy in enormous detail. Fees and other governmental charges are increasing. No, they are not, and even if they were, this is a small part of the economy compared to natural gas, which is plummeting in price, as I said. - Jed
Re: [Vo]:A 21st Century Case for Gold: A New Information Theory of Money.
On Wed, Aug 5, 2015 at 8:22 PM, Jed Rothwell jedrothw...@gmail.com wrote: James Bowery jabow...@gmail.com wrote: The SPLC may or may not have been directly involved in the assassination but it is clear they had the means, motive and opportunity. With a time machine, not doubt. MLK was assassinated in 1968. The SPLC was founded in 1971. True the SPLC could not have acted as a legal person as it did not exist, but its antecedents certainly did exist in the form of the natural person who comprised it and then proceeded . . . You said they had hundreds of millions of dollars. I said they have, in the present tense, hundreds of millions of dollars.
Re: [Vo]:A 21st Century Case for Gold: A New Information Theory of Money.
Money is not the issue. The way they are handled and looked upon is. As a .ashfield said there is inflation just that we use all sorts of methods and stats to hide it. The people hiding it are the same as the guys that said banks do not need to pay interest that way they can get out of bankruptcy without any shame. Call them central bank or something else. If I remeber right the US does not have a central bank so . . . the name is irrelevant. Of course the people who handles the large amount of money. which they can skim in fiftyeleven different ways without it is visible at any stage, they like status quo. The good thing is that they are as little aware, because they have no interest to find out, that there is technology that can replace them and there 'service' in a heartbeat without losing anything in any regard. Someone said that we can wit for the revolution. Yes, that is true and the loser is . . . To seriously say that one is in politics for the better for the nation in general is a joke if you do not deal with issues like: totally insane and outmoded and tax laws, a military that has its own agenda, a welfare system that cost almost as much to administrate as it provides, etc. Nobody comes up with straight forward answers. Donald Trump takes points by being upfront. I have not many pluses fro him but that is something the politician should learn from him. We are hearing the internal drama between our servants (the politicians), which mostly is noise to mask that they really do nothing to solve apparent problems. I think there is great proof of inflation among governmental offices. To get a copy of my Naturalization (just the name) document cost more than it did to get the original a decade ago.I am sure governmental fees are not included when they calculate inflation. I also think that Alain's references have a lot of merit. In the colonial time it was possible to hide the 'rich' world . Today we have so good communication that there is no protection for discrimination. Nationalism cannot take expressions and actions to separate nations. That idea is going to be dead long before we will see revolution. I agree with ashfield that there is a religious factor. Yes, but the fact that there is a difference of possibilities makes a good soil for such religious ideas to grow. This is not 1775 and some explorer travelling around the world and make colonies out of uninformed tribes. Now it is Microsoft explorer getting the information equally easy in both directions. If we go back to the 'dark ages' we had small kingdoms everywhere. It did not work to keep those kingdoms separate except fro a few (Lichtenstein, Luxembourg, San Marino) that verifies the rule and survive by being compliant. I agree that UBI is a possible solution. It actually have capitalistic philosophies and would reward initiatives. My only fear is that there is no good mechanism to handle the distribution. I know that becoming part of the government would make it without merits. Best Regards , Lennart Thornros www.StrategicLeadershipSac.com lenn...@thornros.com +1 916 436 1899 202 Granite Park Court, Lincoln CA 95648 “Productivity is never an accident. It is always the result of a commitment to excellence, intelligent planning, and focused effort.” PJM On Wed, Aug 5, 2015 at 1:27 PM, James Bowery jabow...@gmail.com wrote: On Wed, Aug 5, 2015 at 2:13 PM, Jed Rothwell jedrothw...@gmail.com wrote: James Bowery jabow...@gmail.com wrote: Martin Luther King Jr.'s final advice, before he was assassinated, was to follow Henry George's advice to attack poverty directly with a citizen's dividend. They shot MLK because he proposed a race-neutral approach to souther poverty and if there is one thing the Souther Poverty Law Center cannot abide . . . They did not shoot him. One person did. There was no conspiracy. Mrs. Coretta Scott King welcomed the verdict, saying , “There is abundant evidence of a major high level conspiracy in the assassination of my husband, Martin Luther King, Jr. And the civil court's unanimous verdict has validated our belief. I wholeheartedly applaud the verdict of the jury and I feel that justice has been well served in their deliberations. This verdict is not only a great victory for my family, but also a great victory for America. It is a great victory for truth itself. It is important to know that this was a SWIFT verdict, delivered after about an hour of jury deliberation. The jury was clearly convinced by the extensive evidence that was presented during the trial that, in addition to Mr. Jowers, the conspiracy of the Mafia, local, state and federal government agencies, were deeply involved in the assassination of my husband. The jury also affirmed overwhelming evidence that identified someone else, not James Earl Ray, as the shooter, and that Mr. Ray was set up to take the blame. I want to make it clear that my family has no interest in retribution. Instead, our sole concern
[Vo]:A 21st Century Case for Gold: A New Information Theory of Money.
I've always had doubts about economists understanding of how technology influences and changes the world and the society over time, and consequently also its financial and monetary realities. Renowned economist and author, George Gilde, has written the book 'A 21st Century Case for Gold: A New Information Theory of Money', which is discussed by Ray Kurzweil in this piece: http://www.kurzweilai.net/ask-ray-renowned-economist-and-author-george-gilde rs-new-information-theory-of-money I think it brings out some fresh ideas on the failure of established economic theory. Personally I'm particularly interested in the aspect of Bitcoin with a fixed amount of money supply, making it similar to gold. Potentially this could be an important feature if the value of human work drops to zero through automation and the value of products and services falls drastically for the same reason. It could be what makes Bitcoin or some similarly designed crypto currency a winner. Note that Kurzweil points out to Gilde that supply of gold is not guaranteed to remain fixed, in the prospect of efficient transmutation technology. A refined algorithmic crypto currency might be more future-proof, although, as Kurzweil writes: I have concerns about the validity of bitcoin's mining algorithm, and the extent to which this can ultimately be algorithmically subverted. Mats http://www.animpossibleinvention.com www.animpossibleinvention.com
[Vo]:LENR on a Chip
This is an advanced technology for communications using SPP, but can a similar technology be used to drive the LENR reaction? http://www.eurekalert.org/pub_releases/2015-08/miop-mrc080315.php This assumes that the Ni-H reaction, or one variety thereof, responds to an optoelectronic pulse. Combine the SPP driver with a TEG converter, and the iPhone makes its own power. Apple may realize the connection, even at an early stage. Very exciting situation if the big chip companies should get involved, and why not - with Tesla motors situated across the bay?
Re: [Vo]:A 21st Century Case for Gold: A New Information Theory of Money.
Mats, Thanks for the link. A most interesting criticism of current economic theory. Clearly our fiat money system has high risk but I'm not so sure that Gilders has the answer. I touched on the problem, together with a lot of other problems, in a piece I wrote /Advances in technology that will change your life/. See attached Word file. Regards, Adrian Ashfield On 8/5/2015 3:20 AM, Mats Lewan wrote: I’ve always had doubts about economists understanding of how technology influences and changes the world and the society over time, and consequently also its financial and monetary realities. Renowned economist and author, George Gilde, has written the book /‘A 21st Century Case for Gold: A New Information Theory of Money’/, which is discussed by Ray Kurzweil in this piece: http://www.kurzweilai.net/ask-ray-renowned-economist-and-author-george-gilders-new-information-theory-of-money I think it brings out some fresh ideas on the failure of established economic theory. Personally I’m particularly interested in the aspect of Bitcoin with a fixed amount of money supply, making it similar to gold. Potentially this could be an important feature if the value of human work drops to zero through automation and the value of products and services falls drastically for the same reason. It could be what makes Bitcoin or some similarly designed crypto currency a winner. Note that Kurzweil points out to Gilde that supply of gold is not guaranteed to remain fixed, in the prospect of efficient transmutation technology. A refined algorithmic crypto currency might be more future-proof, although, as Kurzweil writes: /“I have concerns about the validity of bitcoin’s mining algorithm, and the extent to which this can ultimately be algorithmically subverted.”/ // Mats www.animpossibleinvention.com http://www.animpossibleinvention.com Advances in technology that will change your life.docx Description: MS-Word 2007 document
Re: [Vo]:A 21st Century Case for Gold: A New Information Theory of Money.
Gilder's ideas in this latest book may be fresh, but his career is far from it -- including some very stale ideas such as supply side economics (which even some of its major proponents eventually admitted was destructive to the middle class that Gilder supposedly championed from his early days as an author) and being a major participant in the DotCon era bubble. On Wed, Aug 5, 2015 at 3:20 AM, Mats Lewan m...@matslewan.se wrote: I’ve always had doubts about economists understanding of how technology influences and changes the world and the society over time, and consequently also its financial and monetary realities. Renowned economist and author, George Gilde, has written the book *‘A 21st Century Case for Gold: A New Information Theory of Money’*, which is discussed by Ray Kurzweil in this piece: http://www.kurzweilai.net/ask-ray-renowned-economist-and-author-george-gilders-new-information-theory-of-money I think it brings out some fresh ideas on the failure of established economic theory. Personally I’m particularly interested in the aspect of Bitcoin with a fixed amount of money supply, making it similar to gold. Potentially this could be an important feature if the value of human work drops to zero through automation and the value of products and services falls drastically for the same reason. It could be what makes Bitcoin or some similarly designed crypto currency a winner. Note that Kurzweil points out to Gilde that supply of gold is not guaranteed to remain fixed, in the prospect of efficient transmutation technology. A refined algorithmic crypto currency might be more future-proof, although, as Kurzweil writes: *“I have concerns about the validity of bitcoin’s mining algorithm, and the extent to which this can ultimately be algorithmically subverted.”* Mats www.animpossibleinvention.com
Re: [Vo]:Why are there still so many jobs?
Axil and Jed, I think this is an issue. I do not think that the solution will come easy but it will come - more or less good. My thought; why do we need to participate in this war? who benefits? Thinking a little outside the box. What is it that we need to protect in the US, that people in Spain do not need to protect. As I can see it the nations have an interest because they want to keep the tax money in this nation and not in another nation. However, that interest goes away if we have a more apt tax system. The other group that have this interest of conquer and divide id the criminals. A specialist in France or Japan or Chile will have very similar capacity to destroy or defend the infrastructure we are talking about. Why do they want to destroy what their colleague has built? It is not like they can steal anything they can just be equally well off. If they all built infrastructure than there would be only benefits. I will make an example so it becomes more clear. I guess otherwise I will have someone saying that I am naive and express wishful thinking. In Europe the railway system was built and designed in more or less each country by itself. I have never heard of that different nations tried to destroy each others rail system (except during war, which where induced because of factors beyond the rail systems). Instead the different nations found ways to find standards or design systems to handle the different distance between the rails for example. There was no real benefit in keeping a nation specific system. Moving trains around the continent or data and knowledge around the world - what is the difference. I like this LENR community as there is input from Russia, Italy, Japan, Greece, Romania US, etc. Seldom is there a voice for keeping other nations away from the knowledge. Best Regards , Lennart Thornros www.StrategicLeadershipSac.com lenn...@thornros.com +1 916 436 1899 202 Granite Park Court, Lincoln CA 95648 “Productivity is never an accident. It is always the result of a commitment to excellence, intelligent planning, and focused effort.” PJM On Tue, Aug 4, 2015 at 5:17 PM, Jed Rothwell jedrothw...@gmail.com wrote: Axil Axil janap...@gmail.com wrote: As the extent and importance of automation grows in the life of a nation, so to will the number and importance of the people who create, attack, and protect that automation infrastructure. I doubt this will be a problem much longer. It would be easy to improve security with a better design for the internet and some other key technology. It is just a matter of passing laws and spending the money. It should have been done 10 years ago. This crisis reminds me of the crisis with steam engine boilers in the late 19th century. There were many boiler explosions because there no standards, inspections or codes. The ASME was founded in 1880 to deal with the problem. It established codes and standards, and the situation improved, but the problem was not solved until the codes were written into laws until the early 20th century. After that, the problem abated and boiler explosions are extremely rare today. See: https://www.asme.org/about-asme/engineering-history At present there is not much incentive to improve internet security. No one wants to pay for it. The other big problem is credit cards, which are robbed by the millions. The credit card companies probably figure it is cheaper to accept the losses than to fix the problem. They do not take into account that theft is annoying the public, and some of the losses are not discovered and thus paid for by consumers instead of the credit card issuer. They are finally introducing the EMV credit card security standard which will greatly reduce theft. Many other hazards and scourges can be reduced with technology. Most pollution could easily be reduced. The danger of casualties from fire can be practically eliminated with smoke detectors. We do not fix these problems because it costs money, not because we don't know how to fix them. That is not to suggest that all technical problems might be easily fixed. - Jed
Re: [Vo]:A 21st Century Case for Gold: A New Information Theory of Money.
Quoting Gilder's book preview In economist Milton Friedman’s famous equation MV=PT... Gilder should learn to use Wikipedia: https://en.wikipedia.org/wiki/Irving_Fisher#Monetary_economics On Wed, Aug 5, 2015 at 7:53 AM, James Bowery jabow...@gmail.com wrote: Gilder's ideas in this latest book may be fresh, but his career is far from it -- including some very stale ideas such as supply side economics (which even some of its major proponents eventually admitted was destructive to the middle class that Gilder supposedly championed from his early days as an author) and being a major participant in the DotCon era bubble. On Wed, Aug 5, 2015 at 3:20 AM, Mats Lewan m...@matslewan.se wrote: I’ve always had doubts about economists understanding of how technology influences and changes the world and the society over time, and consequently also its financial and monetary realities. Renowned economist and author, George Gilde, has written the book *‘A 21st Century Case for Gold: A New Information Theory of Money’*, which is discussed by Ray Kurzweil in this piece: http://www.kurzweilai.net/ask-ray-renowned-economist-and-author-george-gilders-new-information-theory-of-money I think it brings out some fresh ideas on the failure of established economic theory. Personally I’m particularly interested in the aspect of Bitcoin with a fixed amount of money supply, making it similar to gold. Potentially this could be an important feature if the value of human work drops to zero through automation and the value of products and services falls drastically for the same reason. It could be what makes Bitcoin or some similarly designed crypto currency a winner. Note that Kurzweil points out to Gilde that supply of gold is not guaranteed to remain fixed, in the prospect of efficient transmutation technology. A refined algorithmic crypto currency might be more future-proof, although, as Kurzweil writes: *“I have concerns about the validity of bitcoin’s mining algorithm, and the extent to which this can ultimately be algorithmically subverted.”* Mats www.animpossibleinvention.com
RE: [Vo]:A 21st Century Case for Gold: A New Information Theory of Money.
Adrian, I read your paper. It's very good. For a six page WORD doc it manages to cast significant light on the socio-economic complexities our society is in the process of inheriting such as advancing robotics, AI, and automation. The Vort Collective has been debating many of these issues for years. I retired last December. In a sense, I have now graduated to the status of a person who enjoys UBI via through the economic mechanisms of retirement annuities and social security. I'm a reasonably lucky citizen of the United States. I have acquired modest UBI allowing our household to pay the bills, feed our two cats and keep them entertained, and perhaps even take a budget vacation every other year. It distresses me that too many in our society aren't as lucky as our household has been. Being lucky should NOT be a major factor in how one hopes to live the remaining years of their lives with some dignity. With advanced automation, robotics and AI, it seems reasonable for me to predict that the retirement age will come earlier and earlier. Eventually we will stop calling it retirement when we start retiring in our mid 30s. Perhaps we will call it: Reaching the Age of Maturity. Before reaching maturity society may require us to choose from a selection of mandatory services we must perform in service to society. We may be required to do this service for perhaps up to 10 - 15 years, like joining the peace core, or building essential infrastructure like roads bridges. This is to assure that essential infrastructure remains intact. Of course, during your years of mandatory service, you will be given UBI. However, in order to share in the collective wealth of the nation for the rest of your remaining years you must first give unto it according to your experience, unique skill sets and education. After one reaches the age of Maturity you are given permanent UBI status for the remaining years of your life. It is up to you to make the best of the rest of your remaining years. I remain optimistic that most will attempt to do just that. Start up a unique and eccentric business. Become a popular well sought-out artist or musician within your local community. Perform theoretical research in some obscure subject that eventually becomes a key component that helps explain how to fold space and make space travel between stars economically possible. RAISE A CHILD FROM INFANCY TO ADULTHOOD. If you don't think that isn't a full-time job! I think most of us will have a strong desire to leave our planet in a better place before we finally head for the recycling bin ourselves. Regards, Steven Vincent Johnson OrionWorks.com zazzle.com/orionworks
Re: [Vo]:A 21st Century Case for Gold: A New Information Theory of Money.
Quoting Gilder's book preview Wealth is created by learning curves that result from millions of falsifiable experiments in entrepreneurship... Gilder's attempt to impress us with his ability to pedantically parrot Popperian dogma confuses experiment with hypothesis. On Wed, Aug 5, 2015 at 9:57 AM, James Bowery jabow...@gmail.com wrote: Quoting Gilder's book preview In economist Milton Friedman’s famous equation MV=PT... Gilder should learn to use Wikipedia: https://en.wikipedia.org/wiki/Irving_Fisher#Monetary_economics On Wed, Aug 5, 2015 at 7:53 AM, James Bowery jabow...@gmail.com wrote: Gilder's ideas in this latest book may be fresh, but his career is far from it -- including some very stale ideas such as supply side economics (which even some of its major proponents eventually admitted was destructive to the middle class that Gilder supposedly championed from his early days as an author) and being a major participant in the DotCon era bubble. On Wed, Aug 5, 2015 at 3:20 AM, Mats Lewan m...@matslewan.se wrote: I’ve always had doubts about economists understanding of how technology influences and changes the world and the society over time, and consequently also its financial and monetary realities. Renowned economist and author, George Gilde, has written the book *‘A 21st Century Case for Gold: A New Information Theory of Money’*, which is discussed by Ray Kurzweil in this piece: http://www.kurzweilai.net/ask-ray-renowned-economist-and-author-george-gilders-new-information-theory-of-money I think it brings out some fresh ideas on the failure of established economic theory. Personally I’m particularly interested in the aspect of Bitcoin with a fixed amount of money supply, making it similar to gold. Potentially this could be an important feature if the value of human work drops to zero through automation and the value of products and services falls drastically for the same reason. It could be what makes Bitcoin or some similarly designed crypto currency a winner. Note that Kurzweil points out to Gilde that supply of gold is not guaranteed to remain fixed, in the prospect of efficient transmutation technology. A refined algorithmic crypto currency might be more future-proof, although, as Kurzweil writes: *“I have concerns about the validity of bitcoin’s mining algorithm, and the extent to which this can ultimately be algorithmically subverted.”* Mats www.animpossibleinvention.com
Re: [Vo]:A 21st Century Case for Gold: A New Information Theory of Money.
Quoting Gilder's book preview Average American households incomes and net worth... Gilder's ignorance of the importance of median (or even mode) as opposed to average of these variables might be written off as a mere mental typo were it not for the fact that choosing average over median (or even mode) favors the further centralization of wealth that he was a party to under supply side economics -- a policy that not only contributed to the destruction of the middle class but also to the demographic collapse of the Nation of Settlers in the US. That demographic collapse is prosecutable as genocide. On Wed, Aug 5, 2015 at 10:12 AM, James Bowery jabow...@gmail.com wrote: Quoting Gilder's book preview Wealth is created by learning curves that result from millions of falsifiable experiments in entrepreneurship... Gilder's attempt to impress us with his ability to pedantically parrot Popperian dogma confuses experiment with hypothesis. On Wed, Aug 5, 2015 at 9:57 AM, James Bowery jabow...@gmail.com wrote: Quoting Gilder's book preview In economist Milton Friedman’s famous equation MV=PT... Gilder should learn to use Wikipedia: https://en.wikipedia.org/wiki/Irving_Fisher#Monetary_economics On Wed, Aug 5, 2015 at 7:53 AM, James Bowery jabow...@gmail.com wrote: Gilder's ideas in this latest book may be fresh, but his career is far from it -- including some very stale ideas such as supply side economics (which even some of its major proponents eventually admitted was destructive to the middle class that Gilder supposedly championed from his early days as an author) and being a major participant in the DotCon era bubble. On Wed, Aug 5, 2015 at 3:20 AM, Mats Lewan m...@matslewan.se wrote: I’ve always had doubts about economists understanding of how technology influences and changes the world and the society over time, and consequently also its financial and monetary realities. Renowned economist and author, George Gilde, has written the book *‘A 21st Century Case for Gold: A New Information Theory of Money’*, which is discussed by Ray Kurzweil in this piece: http://www.kurzweilai.net/ask-ray-renowned-economist-and-author-george-gilders-new-information-theory-of-money I think it brings out some fresh ideas on the failure of established economic theory. Personally I’m particularly interested in the aspect of Bitcoin with a fixed amount of money supply, making it similar to gold. Potentially this could be an important feature if the value of human work drops to zero through automation and the value of products and services falls drastically for the same reason. It could be what makes Bitcoin or some similarly designed crypto currency a winner. Note that Kurzweil points out to Gilde that supply of gold is not guaranteed to remain fixed, in the prospect of efficient transmutation technology. A refined algorithmic crypto currency might be more future-proof, although, as Kurzweil writes: *“I have concerns about the validity of bitcoin’s mining algorithm, and the extent to which this can ultimately be algorithmically subverted.”* Mats www.animpossibleinvention.com
[Vo]:LENR news, just a bit commented for Aug 5, 2015
See this, please: http://egooutpeters.blogspot.ro/2015/08/mainly-info-for-aug-5-2015.html Peter -- Dr. Peter Gluck Cluj, Romania http://egooutpeters.blogspot.com
RE: [Vo]:A 21st Century Case for Gold: A New Information Theory of Money.
Steven, I read your paper. It's very good. For a six page WORD doc it manages to cast significant light on the socio-economic complexities our society is in the process of inheriting such as advancing robotics, AI, and automation. The Vort Collective has been debating many of these issues for years. Thank you for your kind words. I have to confess I thought I was replying to Mats Lewan not to Vortex, so I was surprised to see it, complete with attachment, appear on Vortex. Maybe thanks to an administrator who fixed it. My basic concern is the state our politics has got into. I can't see any of the present bunch handling the problems that I foresee until forced to by riots or a revolution. The thought of having to support large numbers of unemployed is completely foreign to them. The good news is that Aftenposten, Norway's largest newspaper , has reported they have expert third party confirmation that Rossi's 1 MW thermal LENR plant is working well. It is now at about 168 days of the 350 day trial. If, as now looks likely, LENR works, it should solve a lot of problems. Adrian
Re: [Vo]:LENR on a Chip
LENR on a ChipJones-- The SSP’s are very exciting with their huge magnetic local B fields which can change, rapidly touching (creating) many different resonances influenced by the B field. It promises engineering control of the energy states of the local coherent system as a function of time--just what a good LENR device needs to be practical. And. IMHO, the changing B field creates the coupling associated with the coherent system’s spin state, all during the small time increment the appropriate resonances occur, to allow the transition of mass energy to phonic energy and/or low frequency EM energy. This is basically what NMR devices do with brut force—yet mundane--magnetic coupling to accomplish nuclear spin energy transitions of relatively small magnitudes AND CORRESPONDING SMALL MASS CHANGES OF A NUCLEUS UP AND DOWN. The small magnitude transitions are consistent with what is seen in LENR experiments, as well as, Rossi’S industrial device. Gammas from classic, uncoupled (except within a nucleus) nuclear energy transitions are not apparent in any significant quantity in LENR. Neutrons that have significant energy resulting from two or few particle reactions also are not evident, since conservation of linear momentum is not involved when spin mass energy and associated angular momentum are the parameters that are conserved, IMHO. Understanding the very short, if any, time constants for the coherent system will be key in designing useful systems. This may well be the crux of understanding the “new physics” of LENR. Bob Cook. From: Jones Beene Sent: Wednesday, August 05, 2015 5:36 AM To: vortex-l@eskimo.com Subject: [Vo]:LENR on a Chip This is an advanced technology for communications using SPP, but can a similar technology be used to drive the LENR reaction? http://www.eurekalert.org/pub_releases/2015-08/miop-mrc080315.php This assumes that the Ni-H reaction, or one variety thereof, responds to an optoelectronic pulse. Combine the SPP driver with a TEG converter, and the iPhone makes its own power. Apple may realize the connection, even at an early stage. Very exciting situation if the big chip companies should get involved, and why not – with Tesla motors situated across the bay?
Re: [Vo]:A 21st Century Case for Gold: A New Information Theory of Money.
I share some vision. note that UBI is not oposed to working... UBI make people less afraid to take risk, and they make them always wanting to work more to have more... but not at any cost in term of comfort. people will work hard to have a nice leisure time, employing people who will work hard for the leisure of others. another point i always see forgotten is that people may earn money from robots, like farmers earn money from land, land lord from real estate, retired people from shares and securities; society with less work (the cited paper says it will not be soon) will mean people will earn their like through capital, maybe in the form of some UBI, and some enterprise and IP. the evolution of career you imagine is not far from the one you see in emerging countries, where younger people work hard , as independent workers, as salarymen, then build some capital, buy a shop or a car or a room, and work hard to manage them ... when getting older. until they let someone manage them and retire earning just the dividends... our concept of salary and company is very restrictive in western countries, and led to the Marx vision of class war, with big centralized capital, soviet-like organization of management, and helpess salarypeople needing huge protection by strong state. I urge people to read about third world capitalism of the poor http://www.huffingtonpost.com/hernando-de-soto/piketty-wrong-third-world_b_6751634.html and how it breaks established discriminations http://www.cato.org/publications/policy-analysis/capitalisms-assault-on-the-indian-caste-system in http://thenextconvergence.com/ the book the next convergence, the beginning explains how low growth and low technology progress led to rich becomming slightly richer at the expense of the weaker, while during big change, the dice are rolled agains, and rich people may miss the revolution just being slightly richer in absolute value, far from the lucky/smart who embraved the revolution... today in the west conservatism benefit the rent owners, not only in absolute value, but at the expense of others. 2015-08-05 16:55 GMT+02:00 Orionworks - Steven Vincent Johnson orionwo...@charter.net: Adrian, I read your paper. It's very good. For a six page WORD doc it manages to cast significant light on the socio-economic complexities our society is in the process of inheriting such as advancing robotics, AI, and automation. The Vort Collective has been debating many of these issues for years. I retired last December. In a sense, I have now graduated to the status of a person who enjoys UBI via through the economic mechanisms of retirement annuities and social security. I'm a reasonably lucky citizen of the United States. I have acquired modest UBI allowing our household to pay the bills, feed our two cats and keep them entertained, and perhaps even take a budget vacation every other year. It distresses me that too many in our society aren't as lucky as our household has been. Being lucky should NOT be a major factor in how one hopes to live the remaining years of their lives with some dignity. With advanced automation, robotics and AI, it seems reasonable for me to predict that the retirement age will come earlier and earlier. Eventually we will stop calling it retirement when we start retiring in our mid 30s. Perhaps we will call it: Reaching the Age of Maturity. Before reaching maturity society may require us to choose from a selection of mandatory services we must perform in service to society. We may be required to do this service for perhaps up to 10 - 15 years, like joining the peace core, or building essential infrastructure like roads bridges. This is to assure that essential infrastructure remains intact. Of course, during your years of mandatory service, you will be given UBI. However, in order to share in the collective wealth of the nation for the rest of your remaining years you must first give unto it according to your experience, unique skill sets and education. After one reaches the age of Maturity you are given permanent UBI status for the remaining years of your life. It is up to you to make the best of the rest of your remaining years. I remain optimistic that most will attempt to do just that. Start up a unique and eccentric business. Become a popular well sought-out artist or musician within your local community. Perform theoretical research in some obscure subject that eventually becomes a key component that helps explain how to fold space and make space travel between stars economically possible. RAISE A CHILD FROM INFANCY TO ADULTHOOD. If you don't think that isn't a full-time job! I think most of us will have a strong desire to leave our planet in a better place before we finally head for the recycling bin ourselves. Regards, Steven Vincent Johnson OrionWorks.com zazzle.com/orionworks
Re: [Vo]:A 21st Century Case for Gold: A New Information Theory of Money.
Alain, I share some vision. It was not clear what source you were referring to in your reply. The paper that was attached to my earlier reply or Steven's comment on it. I agree with you that UBI looks like it may be an answer, but as I suggested, the wise thing to do would be to try a limited experiment first. Perhaps in some more isolated city in the US to see what the actual problems with it are. The problem of course how UBI would be funded. History shows that some wealth distribution is required and considering that the majority of our politicians are rich and funded by even richer patrons, it seems unlikely they would consider that. Aside from that, doing away with all the social security programs and the expensive administrations that run them, plus withdrawing our armed forces from all over the world and just planning on defending America, would go a long way towards that. Again, very unlikely politically. I agree with your link What Piketty Gets Wrong About the Third World has a good point as does Capitalism’s Assault on the Indian Caste System but I think religion plays a big role too, although personally I can't understand why. Maybe it is just too easy for the demagogs to use. Consider that President Obama is on about his new clean coal regulations helping children with asthma. CO2 has no bearing on that at all. What about the hundreds of thousands that DIE in Africa because they have no electricity and the West won't lend them money to build fossil fired power stations? Sigh Adrian.
RE: [Vo]:A 21st Century Case for Gold: A New Information Theory of Money.
I recall that the notion of a basic guaranteed income actually came up during the Nixon administration. They kicked around the idea of getting rid of the whole welfare establishment and just hand out cash instead. Reagan also observed the huge expense of welfare as opposed to the actual benefits getting to the recipients. I don't know how such an arrangement comes into being while we suffer under the opposite condition of most wealth being tightly centralized. How does this change without violence or revolution against the oligarchs? We're gonna need a miracle.
Re: [Vo]:A 21st Century Case for Gold: A New Information Theory of Money.
Martin Luther King Jr.'s final advice, before he was assassinated, was to follow Henry George's advice to attack poverty directly with a citizen's dividend. They shot MLK because he proposed a race-neutral approach to souther poverty and if there is one thing the Souther Poverty Law Center cannot abide, it is something that would reduce their race-baiting fear-mongering with which they extort money from wealthy Jews that fear US-based neo-Nazi holocaust. A deal was cut with guys like Jesse Jackson and the SPLC to keep the emphasis on racial preferences under affirmative action rather than a citizen's dividend so they could continue to pound on working class southern whites as the scapegoats for social ills. Gilder is basically just keeping up the conservative side of that false dilemma by promoting socialization of the cost of protecting property rights so the rich get richer. On Wed, Aug 5, 2015 at 1:48 PM, Chris Zell chrisz...@wetmtv.com wrote: I recall that the notion of a basic guaranteed income actually came up during the Nixon administration. They kicked around the idea of getting rid of the whole welfare establishment and just hand out cash instead. Reagan also observed the huge expense of welfare as opposed to the actual benefits getting to the recipients. I don't know how such an arrangement comes into being while we suffer under the opposite condition of most wealth being tightly centralized. How does this change without violence or revolution against the oligarchs? We're gonna need a miracle.
Re: [Vo]:A 21st Century Case for Gold: A New Information Theory of Money.
a.ashfield a.ashfi...@verizon.net wrote: Thanks for the link. A most interesting criticism of current economic theory. Clearly our fiat money system has high risk but I'm not so sure that Gilders has the answer. I know little about economics, but limiting the amount of money based on the amount gold we have -- or the number of bitcoins -- seems like utter lunacy to me. It never worked in the past. There are two reasons: 1. The money supply has to increase when there is more economic activity and more people, or you get severe deflation. This happened in the U.S. and other countries on the gold standard. Severe deflation is a bad thing. 2. The supply of bitcoins is actually limited, by the algorithm. That straitjacket will work. The supply of gold is not limited in any practical sense. The ocean is filled with the stuff. Mountains on earth and probably meteors and other planets are too. There are probably billions of tons of gold in the solar system and I am pretty sure we could soon find a way to transmute other elements into it, or convert energy (sunlight) into it. Put it this way: If we had 100 years to come up with a trillion tons of gold to escape from the sun going supernova, I expect we could do it. If gold becomes the standard of money, people will put enormous effort into mining gold, extracting it from ocean water, or transmuting other elements into it. This effort will be an terrific waste of time, talent and money. There are many things more useful than gold such as purified silicon, wheat, or clean water. We should be putting our efforts into making things that people need, not soft metal that will sit in vaults unused. It would make a lot more sense to base the money supply on sand (silicon) or kilowatt hours of generating capacity, or some other useful commodity. Heck, it would make more sense to base it on soybeans, because they are good for you and they have many practical uses. There is no material thing on earth on in the solar system with any permanent value, or any intrinsic value. Anything and everything we want -- materially -- can be made available to us in unimaginably large quantities. I mean billions of tons per person, if we have a use for it. We could eventually pave the highways of the Earth and Mars and other planets with gold -- if gold happens to be a good paving material, which I doubt is the case. The only thing standing between the human race and unlimited wealth is ignorance, foolishness and lack of imagination. As Arthur Clarke wrote: In this inconceivably enormous universe, we can never run out of energy or matter. But we can all too easily run out of brains. I touched on the problem, together with a lot of other problems, in a piece I wrote *Advances in technology that will change your life*. See attached Word file. I like it! I agree. See also Martin Ford's first book and website, both here: http://www.thelightsinthetunnel.com/ - Jed
Re: [Vo]:A 21st Century Case for Gold: A New Information Theory of Money.
James Bowery jabow...@gmail.com wrote: Martin Luther King Jr.'s final advice, before he was assassinated, was to follow Henry George's advice to attack poverty directly with a citizen's dividend. They shot MLK because he proposed a race-neutral approach to souther poverty and if there is one thing the Souther Poverty Law Center cannot abide . . . They did not shoot him. One person did. There was no conspiracy. If there were one, the SPLC would never in a million years have anything to do with it. They are not in favor of poverty. - Jed
RE: [Vo]:A 21st Century Case for Gold: A New Information Theory of Money.
I don’t see how society can tolerate the inherent power of extreme wealth even if all other problems of income inequality can be explained away. If campaign contributions were controlled or eliminated, there could still be outright bribery. As with elite bankers, what do laws matter if there is no enforcement? The way it’s handled now is thru fees for speaking engagements or easy director jobs at compliant corporations. On the negative side, they can use the NSA to control politicians thru surveillance. This is why I immediately believed accounts in England about the elite there being involved in pedophilia and murder. It’s the same control mechanism as the Mafia – “making your bones”.
Re: [Vo]:A 21st Century Case for Gold: A New Information Theory of Money.
Jed, I know little about economics, but limiting the amount of money based on the amount gold we have -- or the number of bitcoins -- seems like utter lunacy to me. It never worked in the past. There are two reasons: Kurzweil seems to think it may be possible to break the Bitcoin algorithm too. Having the dollar value based on something with a fixed quantity obviously will not work. The only thing in its favor is that the central bank can't then screw things up. That being the case surely it would be better to have it based on a basket of other currencies or at least write some laws to limit money expansion to match some measure of actual economic expansion. I know, I know, the politicians would find some way around it whatever is done. Adrian
Re: [Vo]:A 21st Century Case for Gold: A New Information Theory of Money.
I wrote: It would make a lot more sense to base the money supply on sand (silicon) or kilowatt hours of generating capacity, or some other useful commodity. Here is an interesting quiz: 1. In England circa 1800, what was the most valuable material per gram: iron, diamonds, or gold? Answer: Iron, when it was worked into the blue steel springs of marine chronometers, used for navigation. England led the world in chronometer production. At the peak of their value, chronometers were worth about 1/3 the cost of a ship. They were the high tech gadgets of that era, like computers are today. The spring was the most critical part, and the hardest to make. 2. Today, what is the most valuable substance on earth: silicon, gold, or uranium? You know the answer: silicon, when converted into something like an Intel processor. A tiny bit of it is worth hundreds of dollars. Demand is so great, you can sell it practically unlimited quantities. If NAND semiconductor memory (SSD) replaces hard disk storage, here is the size of the market: There are, at present, more bytes of hard disk storage than there are grains of sand on all the beaches of the earth. Think about that. Compared to gold, computer storage is a Niagara Falls of money. The thing is, people want it. It is useful. Companies such as Google use it to earn money. You can't do that with gold. (I am not sure it would be a good idea to base the money supply on the number of bytes of disk storage available because every single byte on earth could be stored in 7 mL of DNA, which is cheap, to say the least.) The value of any material is a function of the knowledge and skill added to the material, and the usefulness of it. As for diamonds, they are made of carbon and synthetic ones will soon be of better quality and larger size than the natural ones, so the cost of diamonds per kilogram will eventually be about the same as natural gas (which is what they are made of). Women's clothing will be decorated with thousands of them, worth a few hundred dollars at first, and later $20. I hope they will make a good semiconductor substrate. I hope eyeglasses and iPads can be coated with thin film diamond to make them scratch resistant. That will make diamond broadly useful again for the first time since the demise of the diamond record player stylus. There is no reason to think that in the distant future gold will not be available for $20 a ton, for anyone who have some use for a ton of gold. The notion that gold might automatically put a limit on the money supply is based on 18th century technology. I know little about economics, but I can tell that the economists and gold bugs who entertain such notions know *nothing* about technology, and nothing about the future. - Jed
Re: [Vo]:A 21st Century Case for Gold: A New Information Theory of Money.
a.ashfield a.ashfi...@verizon.net wrote: The only thing in its favor is that the central bank can't then screw things up. I am not aware that a central bank is screwing things up now. There has been no inflation in the US in many years so obviously they are not printing or circulating too much money. There has been no inflation in Japan since 1972 when I first went there. Things like food, a 100-yen Kirin Lemon softdrink, books and automobiles cost about the same now as they did then. However the economy is not doing well. It has been in the doldrums since the 1980s so I suppose inflation might be a good thing for them. P.M. Abe's economic policy (Abenomics) aims for 2% inflation. That being the case surely it would be better to have it based on a basket of other currencies . . . That would be an imaginary standard. The other currencies are not limited by anything other than policy. or at least write some laws to limit money expansion to match some measure of actual economic expansion. I gather that economic expansion sometimes depends on expanding the money supply first. First you issue money, then the economy expands in response to that. That's what P.M. Abe is hoping for, and it seems to be working. It would be a mistake to prevent that from happening. It would have been a disaster after the 2008 crash, and it was a disaster after 1929. - Jed
Re: [Vo]:A 21st Century Case for Gold: A New Information Theory of Money.
a.ashfield a.ashfi...@verizon.net wrote: How does this change without violence or revolution against the oligarchs? We're gonna need a miracle This situation has happened many times in history. It results in either a revolution or the appearance of some charismatic leader that is able to persuade the government it must be done. In a democracy, you have to persuade the public that it must be done, not the government. In the case of the US, the charismatic leaders who changed the course of economic history most were Theodore Roosevelt and Franklin Roosevelt. They were prominent members of the oligarch class. Everyone knew they were, but the voters did not hold that against them because they were obviously in favor of reform and spreading the wealth. FDR in particular was called a traitor to his class. Many wealthy people despised him. Not all of them, though. When I was young I knew many wealthy people who idolized FDR and considered him the savior of the capitalist system. That is called enlightened self-interest. It still exists. This is why, for example, Bill Gates and Warren Buffett are in favor of the inheritance tax. As robots and computers improve, human labor will gradually become worth nothing. Every sensible person will see that we need a new economic system based on something other than the exchange of labor. Perhaps some stupid, greedy wealthy people will fail to see this, but I expect most of them will eventually come around, they will not stand in the way of a reform that allows the wealth to be shared equitably. In his latest book, Martin Ford points out that all of us contributed to the development of computers and robots with our tax money. As I have often pointed out, much of the technology was paid for or directly developed by Uncle Sam. In that sense we all own it, so we should all benefit from it. I think Bill Gates would agree. Societies seldom destroy themselves when there is an obvious and relatively painless way to prevent a catastrophe. Implementing a universal income would be relatively painless. I know that many conservatives would yowl and carry on in opposition to it, but I think that is theatrics. There is significant conservative support for a universal income. See: http://www.theatlantic.com/politics/archive/2014/08/why-arent-reformicons-pushing-a-guaranteed-basic-income/375600/ - Jed
Re: [Vo]:LENR on a Chip
Regarding: With thanks to Jones Beene who sent this paper and thinks it can be applied -in some way- to LENR: MIPT researchers clear the way for fast plasmonic chps: http://www.eurekalert.org/pub_releases/2015-08/miop-mrc080315.php Jones’ concept is strong and true in that LENR is not bound to any element like hydrogen or topology like cracks. Engineering can meet and express the fundamental requirements of LENR design if the basic causes of LENR are understood. The SPP behavior that has not yet been recognized by plasmonic science is the ability of SPPs to produce a positive feedback loop that compensates for the energy losses due to diffusion through the offsetting gains produced by non linear energy production. This ability to amplify the chemistry based catalytic activity of SPPs is not yet in the province of plasmonic research. When nano-particles setup the SPP to amplify their power and force SPP wave forms to loop onto themselves in a vortex, it produces a short lived “Dark Mode” configuration that acts just like a celestial black hole that draws energy into itself from its surroundings. This ability to attract, concentrate and store new energy involves at least two distinct although related mechanisms. First, SPPs concentrate and reorient the spin of photons then project the magnetic single pole beam so formed from one of the poles of the vortex. This beam both destabilizes and then transports energy from the affected matter back along the path of the beam through the action of quantum teleportation. This mechanism can act at a considerable distance away from the vortex. Next, the SPP soliton can share, transfer and accumulate energy through quantum mechanical entanglement with clusters of matter of arbitrary size. This instantaneous gleaning of energy from many distinct sources occurs within a spherical zone around the vortex.This duality of causation in the results observed in the LENR reaction leads to understandable confusion. But this multiplicity in the results as produced by the fundamental cause of LENR are unified by a commonality of characteristics linked to a common origin of the effect.. These common and universal conditions include the thermalization of gamma radiation, the rapid to instantaneous stabilization of radioactive isotopes, lack of neutron emissions, and the wide variation of seemingly random transmutation results which includes fusion of light elements into heavier elements and fission of heavy elements into lighter ones, remote reaction at a distance from the location of the LENR reaction, and instantaneous cluster fusion involving huge numbers of sub-reactions that occur instantly and collectively. Even though the LENR reaction oftentimes occurs concurrent with the presence of hydrogen isotopes, hydrogen in not required as a fundamental cause of the reaction as shown in the experiments done at Proton 21 where a ball of copper is blasted with a high powered arc discharge, and the carbon dust experiments performed using microwaves conducted by George Egely, the new editor of infinite magazine. In the Proton 21 experiments in nano-particles involved are copper based and in the Egely case the nano-particles are based on carbon. In the Papp reaction. The nano particles are based on chlorine and noble gases. LENR has made itself known in our world ever since the days of young Tesla when electricity has be made powerful enough to generate nano particles from matter. Since we have brought Egely’s name up, Egely has written a wonderful series of articles explaining how SPPs have produced LENR for over a century in many diverse and now long forgotten systems going back to the times and work by Tesla. They are well worth a read and as follows: http://www.egely.hu/letoltes/Fusion-by-Pseudo-Particles-Part1.pdf http://www.egely.hu/letoltes/Fusion-by-Pseudo-Particles-Part2.pdf http://www.egely.hu/letoltes/Fusion-by-Pseudo-Particles-Part3.pdf On Wed, Aug 5, 2015 at 8:36 AM, Jones Beene jone...@pacbell.net wrote: This is an advanced technology for communications using SPP, but can a similar technology be used to drive the LENR reaction? *http://www.eurekalert.org/pub_releases/2015-08/miop-mrc080315.php* http://www.eurekalert.org/pub_releases/2015-08/miop-mrc080315.php This assumes that the Ni-H reaction, or one variety thereof, responds to an optoelectronic pulse. Combine the SPP driver with a TEG converter, and the iPhone makes its own power. Apple may realize the connection, even at an early stage. Very exciting situation if the big chip companies should get involved, and why not – with Tesla motors situated across the bay?
Re: [Vo]:A 21st Century Case for Gold: A New Information Theory of Money.
Jed, “I am not aware that a central bank is screwing things up now. There has been no inflation in the US in many years so obviously they are not printing or circulating too much money.” But they have in not obvious ways. Making money and lending it the banks at zero interest and for the banks to make billions in interest lending back? Mainly it is allowing the government to borrow money that isn’t there. What’s our national debt? 18 trillion? That’s $56k for every person in the US. “There has been no inflation in Japan since 1972 when I first went there. Things like food, a 100-yen Kirin Lemon softdrink, books and automobiles cost about the same now as they did then.” So far so good said the man falling from a skyscraper. Japan's debt is 230% of GDP What happens when interest rates increase? “I gather that economic expansion sometimes depends on expanding the money supply first. First you issue money, then the economy expands in response to that” It depends on how the money is spent. It surely doesn’t follow that simply increasing the money supply grows the economy. Into whose pocket does the money go? Much to be said for UBI. Adrian
Re: [Vo]:A 21st Century Case for Gold: A New Information Theory of Money.
Jed, In a democracy, you have to persuade the public that it must be done, not the government. I know that's the theory, but when the media is all owned by rich people and the choice presented to the plebs is vote for Tweedledum or Tweedledee. I remain pessimistic. My wife says I'm too pessimistic and she may be right. Probably a wealth tax is required. How do you think that would fly in Congress? Adrian
RE: [Vo]:A 21st Century Case for Gold: A New Information Theory of Money.
FDR was nearly the victim of a fascist coup that is usually left out of history textbooks. And we do have nasty inflation in services, which is often overlooked in gov. stats. (NPR). Wages have suffered relative deflation as minimum wage will not pay for rent ( properly) in any of the 50 states. I understand that this may extend to all counties now. I am tempted by the viewpoint that society is like a 3 year old child just before bedtime. There is much commotion and resistance and yelling – and then sudden capitulation. We are seeing and hearing all sorts of craziness in resisting changes that our world must make. I believe that the Soviet Union and Fascist Spain ended because their leaders lost all faith in the system – followed by sudden change. In this, perhaps there is hope.
RE: [Vo]:A 21st Century Case for Gold: A New Information Theory of Money.
_Wealth is created by learning curves that result from millions of falsifiable experiments in entrepreneurship..._ Its says noting about the quality of this experiments. Some may really create new value but some only redistribute value. Even with gold its may be more safe to invest in old dept than in new technology. Or in extracting gold as Jed said. I think this only is a new version of the old mantra the government must do as little as possible. Yes central banks can screw tings up but they can also assuage things then the market screw things up. On Wed, 5 Aug 2015 20:53:52 +, Chris Zell wrote: FDR was nearly the victim of a fascist coup that is usually left out of history textbooks. And we do have nasty inflation in services, which is often overlooked in gov. stats. (NPR). Wages have suffered relative deflation as minimum wage will not pay for rent ( properly) in any of the 50 states. I understand that this may extend to all counties now. I am tempted by the viewpoint that society is like a 3 year old child just before bedtime. There is much commotion and resistance and yelling - and then sudden capitulation. We are seeing and hearing all sorts of craziness in resisting changes that our world must make. I believe that the Soviet Union and Fascist Spain ended because their leaders lost all faith in the system - followed by sudden change. In this, perhaps there is hope.
Re: [Vo]:A 21st Century Case for Gold: A New Information Theory of Money.
Chris Zell chrisz...@wetmtv.com wrote: FDR was nearly the victim of a fascist coup that is usually left out of history textbooks. It was left out of every history book I know, and I have read a lot of 'em, plus original sources. And we do have nasty inflation in services, which is often overlooked in gov. stats. (NPR). Not since the 2008 crash as far as I know. That is when the government began increasing the money supply to counteract the crash. Wages have suffered relative deflation as minimum wage will not pay for rent ( properly) in any of the 50 states. Again, not since 2008. The minimum wage lost value between 1997 and 2007. It remained at $5.15 that entire time, and for long periods previously. There is no question that overall wages have decreased relative to other earnings since the 1970s. (Other earnings are things like profits from Wall Street and CEO stock options.) Wages have also decreased relative to productivity. See: Workers' salaries are at the lowest percentage of GDP since 1929 http://www.dougsguides.com/content/whats I do not know of any conservative or liberal economists who dispute those numbers. They dispute the causes and proposed cures. This does not bode well for the economy or society. I do not see how you can run a mass-production based modern economy if the workers cannot afford to buy the products of that economy. I agree with Henry Ford on that. If this trend continues, people will not be able to buy cars, computers or tomatoes or whatever you are making. What is a wealthy person going to do with 20,000 personal computers, or a truckload of tomatoes? In what sense is that wealth? The only thing you can do with the products of a mass production industrial society is sell them to lots of people. If people cannot buy them, the CEO and stockholders of Intel and Archer Daniels Midland do not make any money. If cold fusion works, people will not want to buy the output of the fossil fuel and electric power companies. They will go bankrupt for the same reason Archer Daniels Midland will if people cannot afford to eat. The loss of demand looks the same from the point of view of the corporation. Speaking of which, see: Alpha Natural Resources, a Onetime Coal Giant, Files for Bankruptcy Protecton [sic] Alpha Natural Resources, once a powerhouse of the American coal industry, filed for Chapter 11 bankruptcy protection on Monday so it may emerge from the grip of a $3 billion debt at a time when utilities are switching to natural gas and coal prices are plummeting. http://www.nytimes.com/2015/08/04/business/energy-environment/alpha-natural-resources-a-onetime-coal-giant-files-for-bankruptcy-protecton.html?_r=0 The Japanese and European medieval economies or the economy of Afghanistan today were not based on mass production. They could function with a small number of wealthy people and many impoverished people. It wasn't pleasant, but they were stable for long periods. - Jed
Re: [Vo]:A 21st Century Case for Gold: A New Information Theory of Money.
On Wed, Aug 5, 2015 at 2:13 PM, Jed Rothwell jedrothw...@gmail.com wrote: James Bowery jabow...@gmail.com wrote: Martin Luther King Jr.'s final advice, before he was assassinated, was to follow Henry George's advice to attack poverty directly with a citizen's dividend. They shot MLK because he proposed a race-neutral approach to souther poverty and if there is one thing the Souther Poverty Law Center cannot abide . . . They did not shoot him. One person did. There was no conspiracy. Mrs. Coretta Scott King welcomed the verdict, saying , “There is abundant evidence of a major high level conspiracy in the assassination of my husband, Martin Luther King, Jr. And the civil court's unanimous verdict has validated our belief. I wholeheartedly applaud the verdict of the jury and I feel that justice has been well served in their deliberations. This verdict is not only a great victory for my family, but also a great victory for America. It is a great victory for truth itself. It is important to know that this was a SWIFT verdict, delivered after about an hour of jury deliberation. The jury was clearly convinced by the extensive evidence that was presented during the trial that, in addition to Mr. Jowers, the conspiracy of the Mafia, local, state and federal government agencies, were deeply involved in the assassination of my husband. The jury also affirmed overwhelming evidence that identified someone else, not James Earl Ray, as the shooter, and that Mr. Ray was set up to take the blame. I want to make it clear that my family has no interest in retribution. Instead, our sole concern has been that the full truth of the assassination has been revealed and adjudicated in a court of law… My husband once said, The moral arc of the universe is long, but it bends toward justice. To-day, almost 32 years after my husband and the father of my four children was assassinated, I feel that the jury's verdict clearly affirms this principle. With this faith, we can begin the 21st century and the new millennium with a new spirit of hope and healing.” - See more at: http://www.thekingcenter.org/assassination-conspiracy-trial#sthash.9vJnTrqr.dpuf If there were one, the SPLC would never in a million years have anything to do with it. The SPLC may or may not have been directly involved in the assassination but it is clear they had the means, motive and opportunity. They are not in favor of poverty. Your naivete is touching. They are documented sociopaths enjoying hundreds of millions in endowments from their donor base that they psychologically torment by keeping poor blacks and poor whites at each others' throats.
Re: [Vo]:A 21st Century Case for Gold: A New Information Theory of Money.
James Bowery jabow...@gmail.com wrote: They did not shoot him. One person did. There was no conspiracy. Mrs. Coretta Scott King welcomed the verdict, saying , “There is abundant evidence of a major high level conspiracy in the assassination of my husband, Martin Luther King, Jr. . . . Yes, I know. I think she was nuts. People often believe crazy, unfounded nonsense and conspiracy theories. That includes famous people, good people, and well-educated people who should know better. For example, Robert Kennedy Jr. is opposed to the use of vaccines. He has campaigned against them and said outrageous things that no college educated person with knowledge of science or medicine should ever say, such as: They get the shot, that night they have a fever of a hundred and three, they go to sleep, and three months later their brain is gone. This is a holocaust, what this is doing to our country. http://www.sacbee.com/news/politics-government/capitol-alert/article17814440.html That is not even slightly true. It is true that on extremely rare occasions vaccines cause reactions, including fevers. If anyone -- child or adult -- develops something like a 103°F fever after getting a vaccine or any other drug, you can be sure that patient will be rushed to the hospital. They do not just go to sleep. In nearly every case such high fevers turn out to be unrelated to the drug that was administered but nowadays no one would take that chance. If the parent had enough sense to call a doctor or the vaccine hotline, there would be an ambulance at the house in 10 minutes. Vaccines prevent millions of illnesses and thousands of deaths for each severe reaction they cost. The only people who object them are innumerate and scientifically illiterate fools. - Jed
Re: [Vo]:A 21st Century Case for Gold: A New Information Theory of Money.
James Bowery jabow...@gmail.com wrote: If there were one, the SPLC would never in a million years have anything to do with it. The SPLC may or may not have been directly involved in the assassination but it is clear they had the means, motive and opportunity. With a time machine, not doubt. MLK was assassinated in 1968. The SPLC was founded in 1971. - Jed
Re: [Vo]:A 21st Century Case for Gold: A New Information Theory of Money.
On Wed, Aug 5, 2015 at 4:46 PM, Jed Rothwell jedrothw...@gmail.com wrote: James Bowery jabow...@gmail.com wrote: If there were one, the SPLC would never in a million years have anything to do with it. The SPLC may or may not have been directly involved in the assassination but it is clear they had the means, motive and opportunity. With a time machine, not doubt. MLK was assassinated in 1968. The SPLC was founded in 1971. True the SPLC could not have acted as a legal person as it did not exist, but its antecedents certainly did exist in the form of the natural person who comprised it and then proceeded to do everything _except_ advocate Martin Luther King Jr's race-blind solutions to poverty among southerners of all races. The SPLC simply finished the job of assassinating MLK's legacy and replacing it with their own race-baiting extortion racket. https://en.wikipedia.org/wiki/Where_Do_We_Go_from_Here:_Chaos_or_Community