Quote from: RoadStress on February 13, 2015, 12:43:10 PM

traincarswreck you are really pushing it for an ignore.

I am an extremely talented poker player, I have already run the strategy lines, and it is clear what this is about and what is going to happen regardless of our forum dialogue opinions. This renders my job simply to facilitate the dialogue. Which admittedly sometimes means letting only others contribute and me rather taking a break, which I will do now for some hours whilst I nap!

In celebration of my retirement allow me to post some more super relevant material you likely will not read:

Quote from: Ideal Money

It is easy to illustrate cases of revolutionary reform or change in systems of money. A good example came in 1717 when Isaac Newton, supported by George II, fixed the value of the local UK currency to a precise amount of gold that defined the value of the currency (the pound) in such a way that it was immediately recognizable throughout the Continent (of Europe) as of a fixed valuein relation to generally accepted standards (of the time). (And this was the origin of the gold standard.)

(Of course it was not irrelevant that George II, the king then, was an early Hanoverian and also ruled territory in Germany.)

We don't have time to run through the lineages, but it was asked before "why is it not irrelevant"? Netwon had many revelations, to us are unrelated, but not necessarily to those like Keynes or Nash:

Quote from: wiki

From 1670 to 1672, Newton lectured on optics.[41] During this period he investigated the refraction of light, demonstrating that the multicoloured spectrum produced by a prism could be recomposed into white light by a lens and a second prism.[42] Modern scholarship has revealed that Newtons analysis and resynthesis of white light owes a debt to corpuscular alchemy.[43]

John Maynard Keynes, who acquired many of Newtons writings on alchemy, stated that Newton was not the first of the age of reason: He was the last of the magicians.[52]

Quote from: wiki

http://en.wikipedia.org/wiki/Nicolaus_Copernicus

Nicolaus Copernicus (/koʊˈpɜrnɪkəs, kə-/;[2] Polish: About this sound Mikołaj Kopernik (help·info); German: Nikolaus Kopernikus; 19 February 1473 24 May 1543) was a Polish Renaissance mathematician and astronomer who formulated a model of the universe that placed the Sun rather than the Earth at its center.[a]

Copernicus was having revelations too and this is sigfnicant in relation to the topic of Ideal Money, as the idealness is in fact in relation to Copernicus' concept of "Gresham's Law":

Quote

Copernicus was born and died in Royal Prussia, a region that had been a part of the Kingdom of Poland since 1466. He was a polyglot and polymath, obtaining a doctorate in canon law and also practising as a physician, classics scholar, translator, governor, diplomat and economist. In 1517, he derived a quantity theory of money a key concept in economics and, in 1519, formulated a version of what later became known as Greshams law.[4]

We must see Copernicues also represents a time in which our understanding of "circles" changed which was not unrelated to economics, and the cosmos. And this was not unrelated to Isaac Newton pegging the pound to gold:

Quote

Copernicus Commentariolus summarized his heliocentric theory. It listed the assumptions upon which the theory was based, as follows:[citation needed]

1. There is no one center of all the celestial circles or spheres.
2. The center of the earth is not the center of the universe, but only of gravity and of the lunar sphere.
3. All the spheres revolve about the sun as their mid-point, and therefore the sun is the center of the universe.
4. The ratio of the earths distance from the sun to the height of the firmament (outermost celestial sphere containing the stars) is so much smaller than the ratio of the earths radius to its distance from the sun that the distance from the earth to the sun is imperceptible in comparison with the height of the firmament.
5. Whatever motion appears in the firmament arises not from any motion of the firmament, but from the earths motion. The earth together with its circumjacent elements performs a complete rotation on its fixed poles in a daily motion, while the firmament and highest heaven abide unchanged.
6. What appear to us as motions of the sun arise not from its motion but from the motion of the earth and our sphere, with which we revolve about the sun like any other planet. The earth has, then, more than one motion.
7. The apparent retrograde and direct motion of the planets arises not from their motion but from the earths. The motion of the earth alone, therefore, suffices to explain so many apparent inequalities in the heavens.

And public consensus or acceptance of these things is obviously going to generally follow, which means it is never at all unrelated to economics even if we specifically look at the financial sense (ie follow the history of gold):

Quote

It was not until after Isaac Newton formulated the universal law of gravitation and the laws of mechanics [in his 1687 Principia], which unified terrestrial and celestial mechanics, was the heliocentric view generally accepted.[85]

Good night, much love!