Re: Is a Madmax outcome coming before 2020? Thus do we need anonymity?
so all this low inflation is symptom of illness and their cure is to print more 
http://memecrunch.com/meme/1Y6CY/i-m-not-even-mad/image.png
You hard resources and stored capital investor fools are misunderstanding the paradigm shift underway. The stored capital is the problem. It must be eliminated in order for the world to move forward into prosperity.
You can't preserve stored capital. The western governments are going to confiscate it also. Sorry it is all going poof (highly devalued relatively speaking) in the Knowledge Age. Sorry knowledge age workers don't need your stored capital. The capital startup costs are near 0 now. Everybody has a computer. It is the intellectual capital that is extremely expensive.
We will permanently move to negative real interest rates. The coming crypto-currency of the Knowledge Age will be debased 5 - 10% per year. The Knowledge Age doesn't want to be enslaved by the power law distribution of stored capital. It wants to motivate knowledge capital instead.
The negative interest rates are a sign of what is changing. Most people see them as corruption, because they don't understand the paradigm that is occurring. I am not referring to Communism, because the knowledge capital will still be power law distributed and this will be a free market, not a command economy. And the debasement of a decentralized crypto-currency won't be captured by corruption, rather it will be expended in electricity to secure the system and secure the freedom of the Knowledge Age from the slavery of stored capital.
You might as well spend it now. Enjoy your life.
We will permanently move to negative real interest rates. The coming crypto-currency of the Knowledge Age will be debased 5 - 10% per year. The Knowledge Age doesn't want to be enslaved by the power law distribution of stored capital. It wants to motivate knowledge capital instead.
The negative interest rates are a sign of what is changing. Most people see them as corruption, because they don't understand the paradigm that is occurring. I am not referring to Communism, because the knowledge capital will still be power law distributed and this will be a free market, not a command economy. And the debasement of a decentralized crypto-currency won't be captured by corruption, rather it will be expended in electricity to secure the system and secure the freedom of the Knowledge Age from the slavery of stored capital.
You might as well spend it now. Enjoy your life.
Waterfall collapse of the Industrial Age to usher in the Knowledge Age
Just like the fall of the Berlin wall, bankrupt paradigms waterfall collapse to usher in the new.
...
The physical economy is bankrupt because the economies-of-scale are too great and the maximum division-of-labor can not advance. It may seem valuable to you because the ruler you are using to measure with is the illusion of a massive $200 trillion global debt bubble. Society is trying to prop up that bankrupt Industrial Age paradigm with debt and socialism.
Knowledge production generates several orders-of-magnitude more value per human than the Industrial Age. Heck in just a few months in 1998, I (all by myself) wrote some software that was generating up to $30,000 a month in today's dollar. The internet has 10 times more population now.
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Although I think the trend of your observations (Knowledge Economy, etc.) is correct, these evolutions typically take longer than we think.
Just like the fall of the Berlin wall, bankrupt paradigms waterfall collapse to usher in the new.
...
The physical economy is bankrupt because the economies-of-scale are too great and the maximum division-of-labor can not advance. It may seem valuable to you because the ruler you are using to measure with is the illusion of a massive $200 trillion global debt bubble. Society is trying to prop up that bankrupt Industrial Age paradigm with debt and socialism.
Knowledge production generates several orders-of-magnitude more value per human than the Industrial Age. Heck in just a few months in 1998, I (all by myself) wrote some software that was generating up to $30,000 a month in today's dollar. The internet has 10 times more population now.
...