Where AI is concerned it is a glut

why

Measure your productivity gains in an indebaseable unit of account, wild times ahead Mr Booth. 🫡🙌

Seems like the Trump admin has started preparing people for the same conclusion. Should be interesting. 🚁😎

Shivon Zillis?

Definitely Shivon. From the way you write . Do you use parentheses when you have sex with Elon? https://image.nostr.build/b331c04574e240f1510f300358c63479a300d93803e60879da144925175d9d61.jpg

The productivity boom is a way to debase and get away with it. Make stuff cost the same when it should be getting cheaper in an accelerated way. That's why there won't be any abundance for those that stay in the debt base system. But politician's are banking on the assumption people won't rebel ...

I like Nate Hagen's idea that money is a claim on energy and materials, and his contrarian opinions about what scarcity will do. This means that geopolitics plays a large role. Being able to find the nonce that makes zeroes in front of the hash and run a decentralized network of nodes that can do Me...

Agree. AI's productivity promise is a major problem for the banks and indebted governments. But, if the 1990s are any guide, this problem will ultimately end up back in the lap of savers and holders of the currency. When you look back to the last major tech advancement -- the internet -- you see pr...

It's the only political path that doesn't require admitting the money is broken

Hey Jeff wanna come on my show with me sometime? nostr:nprofile1qqs2ffh973r7z4shy024wqcg3zs43wd7p8u9dgqxmh2yqg0r367srlgprpmhxue69uhhqun9d45h2mfwwpexjmtpdshxuet5qyv8wumn8ghj7mn0wd68ytnvda3kzmrgdaehgtnjv5gh7j2j ???

We are looking for an individual who can lend 185,000 US dollars to our holding company. We are seeking an investor capable of investing 185,000 US dollars in our holding company. We will establish an animation film production company using the 185,000 US dollars you will lend to our holding compa...

What's your reasoning behind this conclusion? Let me try: Productivity Boom = Prices should fall drastically (deflation) --> Governments need to expand money supply aggressiveley (through new debt) to fend off deflation, because deflation in the current financial system would trigger a collapse of...

I agree. Jordi Visser is a big proponent of the debt not mattering because AI will increase productivity exponentially vs cost of operation; that essentially we “grow ourselves out of debt”. I respect Jordi, I have zero credentials outside of construction and owning a business but this makes no ...

When you cannot create more money and you increase demand; this will increase the value of the money while at the same time decreasing the cost of production. This is literally “a rising tide floats all ships”. Which, my belief is, will be the death of “for profit” models and this is not a b...

The direction is right. The word only is not. Productivity should cheapen goods. A nominal debt stock cannot sit still for that. Default and a higher real tax are also repayment. Debasement is the path they prefer, not the only one.

100%

…. And move to a new sound energy money with fixed supply schedule decreasing over time 🤔