13 Matching Annotations
  1. Oct 2024
    1. Then there are, for example, in the United States, you have to do a a lot more scrutiny of dollars you receive because they don't get taxed.

      Tapping to the MMT theory, if a 501c3 is not taxed, then why does it need dollars??? We are close to some understanding some fundamental incoherencies

    1. 1:21:54 If a community moved to a WELLNESS model rather than an ILLNESS model, it would generate millions of dollars in saved resources 1:21:54 If a community moved to a PREVENTION model rather than a CURE Model, it would generate millions of dollars in resources

    2. 1:02:29 The national debt is a historical record of the cumulative money that a government spent dollars than it took out which were transformed into US Treasuries

    3. 18:59 Warren Mosler 19:49 Government does not need dollars, citizens need dollars 20:18 Warren is not an economist - he is not trying to defend economic theory - he is a financial trader watching the operation of money

    4. 18:17 A government who creates a currency does not need to tax its citizens to get dollars. 18:25 Currency issuers spend first before they tax - they do not use tax to spend

  2. Jun 2024
    1. he Talk of the Town has shifted from 10 billion compute clusters 00:01:16 to hundred billion do compute clusters to even trillion doll clusters and every 6 months another zero is added to the boardroom plans

      for - AI - future spending - trillion dollars - superintelligence by 2030

  3. Jun 2023
    1. All digital transitions have had losers, some of whom we may care about more than others. Musicians seem to have a raw deal in the streaming age, receiving fractions of pennies for streams when they used to get dollars for the sales of physical media. Countless regional newspapers went out of business in the move to the web and the disappearance of lucrative classified advertising. The question before society, with even a partial transition to digital books, is: Do we want libraries to be the losers?

      Will libraries have the same problems with the digital transition that music and journalism have had?

  4. Oct 2022
  5. Sep 2021
    1. The tunnel far below represented Nevada’s latest salvo in a simmering water war: the construction of a $1.4 billion drainage hole to ensure that if the lake ever ran dry, Las Vegas could get the very last drop

      Deep Concept: Modern America is mostly corrupt from it's own creation of wealth. Wealth is power, power corrupts and absolute power corrupts absolutely! Money and wealth have completely changed the underlying foundation of America. Modern America is the corrupted result of wealth. Morality and ethics in modern American have been reshaped to "fit" European Aristocracy, ironically the same European aristocracy America fled in the Revolutionary War.

      Billions and billions of tax payer money is spent on projects that could never pass rigorous examination and best public ROI use. Political authoritative conditions rule public tax money for the benefit of a few at the expense of the many. The public "cult-like" sheep have no clue how they are being abused.

      The authoritative abusers (politicians) follow the "mostly" corrupt American (fuck-you) form of government and individual power tactics that have been conveniently embedded in corrupt modern morality and ethics, used by corrupted lawyers and judges to codify the fundamental moral code that underpins the original American Constitution.

  6. Oct 2020
    1. For all systems of structural incentive, the incentive of any actor (individual or group), must be rigorously aligned with the well-being of all other agents in the system and of the commons writ large. Ie, all externalities must be internalized – all the consequences of activity within the system must be included in the system’s accounting.

      Sure ...

      This is a bit "I want a million dollars"

      You can write this down and the devil is in how to implement it.

  7. Jan 2019
    1. Chose amusante, le 13 apparaît 11 fois sur le billet de un dollar.

      10 fois au verso :

      1. 13 fruits et
      2. 13 feuilles dans la patte gauche de l'aigle
      3. 13 flèches dans sa patte droite,
      4. 13 bandes sur son bouclier
      5. 13 étoiles au dessus de lui
      6. 13 lettres dans "e.pluribus enum"
      7. 13 lettres dans "annuit coeptis"
      8. 13 degrés de la pyramide
      9. 13 perles à droite
      10. 13 perles à gauche

      1 fois au recto :

      13 étoiles dans le chevron vert

  8. Dec 2016
    1. Last year, we saw the worst performance of the global economy since 2009 and the consequential slackening of our external trade

      Because HKD is pegged with USD, and the strong dollar weakened the competitiveness of HK goods and services.