RobertoG

If you use energy to process aluminium at the end you have aluminium.

If you use energy to move bits in a computer at the end you have heat and the result of a calculation. If that calculation was just to proof that you did the calculation, well, that doesn't sound very efficient to me but that's just my opinion.

What I'm pretty sure is that it's not a battery.

There is a good chance that batteries for grid storage will be from different technologies than lithium.

For instance:

https://ambri.com/

If you demand a currency to pay taxes and fines, there is always going to be people that need to acquire it.

There is not realistic healthcare infrastructure that could compensate for exponential grow of patients.

The USA expenditure in healthcare per capita is, more or less, the double that the Netherlands (1) and doesn't cover all the population. Where the difference goes?

Sorry if some of us, in our biased minds, suspect that some of that money is spent in cigars and expensive suits.

(1) - https://data.worldbank.org/indicator/SH.XPD.CHEX.PC.CD?most_...

From the moon, the 'traditional' idea is a mass driver:

https://en.wikipedia.org/wiki/Mass_driver

First time I heard about it was in:

https://en.wikipedia.org/wiki/The_High_Frontier:_Human_Colon...

The problem with over-build is that if you count the energy necessary for building the renewable systems (mining, transport, building..) and the losses in distribution, the return of energy could be not so great.

This estimation is a depressing reading:

https://www.mdpi.com/1996-1073/13/12/3036/htm

Estimated energy return on energy invested:

onshore wind 2.9:1 offshore wind 2.3:1 photovoltaic 1.8:1 concentrated solar power <1:1

>>"The simplest energy storage solution is your hot water heater. Turning on everyone's hot water heater when there is surplus electricity,"

I already do this manually. I unplug it before taking a shower and plug it again at night. Of course, doing it automatically is the only way is going to be done at scale.

You get your chips in order to play in the casino. Without chips nobody can play.

What is a 'real asset', when nothing exist outside the casino? At most, you could change your chips for another casino's chips.

I was reading the other day about these guys:

https://www.nitricity.co/

"Renewable on-site nitrogen fertilizer production"

Maybe some people here could find their process interesting.

And don't forget energy prices. Several fertilizer plants have temporarily close because with current energy prizes it's not good business.

Energy is an input to everything, and directly to food through fertilizers and oil prizes (for agricultural machines and transport).

Some people has been predicting inflation because "printing money" for more of 50 years. I predict that if current inflation disappear, nothing will be learn.

This is a supply problem.

We have supply chains disorganized because COVID, bad crops and, specially, crazy energy prices (that affect everything).

How could prices not go up?

I think Obama was awarded the prize, basically, because he was not Bush. It was the zeitgeist of that time. We (and by we, I mean most people in the planet) were really tired of the Bush administration exploits.

Kissinger could help to establish a ceasefire in Vietnam, but it feels like the things they did in Cambodia before that, should subtract some points for a Peace Prize.

You should look more into the real causes of inflation in your country, because they are probably not what you think

Even without knowing what country you are from, I would bet that inflation is because imports and exports imbalances and nothing to do with "printing too much money".

And anyway, if the problem is storing value, why you don't buy gold or dollars, yens or something like that?

Different copies are the same at moment zero (after copying) and diverge after that, assuming different stimulus.

This is a complex issue. if you add apartments for the same number of citizens prizes should go down, but that's hardly the nature of the system we are working with here.

If you have a busy highway and add more lanes will traffic jams go down?

This is a complex issue.

https://usa.streetsblog.org/2017/06/21/the-science-is-clear-...

https://en.wikipedia.org/wiki/Induced_demand

But we are the same on that, that's what "same" means.

We are not the same person, because we are different in some other characteristics and in our circumstances.

What's the reason you and your copy are not the same?

but that copy of you would think too, so, what's the difference?

you can not define what is that 'you' that is not there to enjoy, so, how do you know that it didn't transfer too? is a faith thing?

if there is a exact working copy of you, then you don't "stop existing". What does that even mean?

Do you die every night when you go to sleep?

I don't see any problem. I have a file in my computer, I send it to your computer, I can delete it from my computer or not.

The legal status of the file will have to be decided by society for solving practical problems.

Maybe the most important lesson of MMT is that public debt, deficits and all those things that so frequently are at the center of the public debate are irrelevant compared to what's really important: real resources.

It doesn't matter if you have a big or small public debt (in your own currency), what's important is the real things in the economy.

If people is, for instance, using dollars instead of the currency of the country, it's, probably, because your country depend totally on imports (in the worst cases for basic things like food or energy).

If that's the case, the first steep to solve it, it's to recognize the problem. If you don't recognize the problem, you will finish addressing virtual problems like deficits or public debts instead of real resources constrains. Those are very difficult problems to address, but it will be even more difficult if you don't understand them.

The mainstream advice to development is: open your economy to competition, reduce deficits and public debt. The result of that is the impossibility of an agricultural, infrastructure or industrial policy that solve the real resources problem.

A government only accept its currency to pay taxes -> you have to pay taxes -> you need the currency even if you lose trust in it.

It's the power of raising taxes what gives money its value.

"Variations of the modern-money narrative are found repeatedly throughout history. The levying of monetary ­taxes to create waged labor was “a nearly universal experience throughout Africa” in the colonial era, explains economist Randall Wray. Hut taxes, coupled with extreme violence and racial segregation, forced unwilling migrant laborers into the gold and diamond mines of South Africa. Bernard Magubane, an anthropologist, described the purpose of these taxes as being to “increase the economic pressure on the African peasants” to force them into waged work."

from: https://thenewinquiry.com/the-world-according-to-modern-mone...

Do you have any historical example where people lose trust in it and it didn't recover?

I'm pro-MMT, not hiding.

From the article, that you obviously didn't bother to read:

"Drought and heat continued to hurt the wheat harvest in July in Canada, the world’s biggest supplier of durum wheat, months after a harsh winter hit the Russian crop. Grain shipments from Western Canadian port terminal elevators tumbled 41% in the third week of August from a year-ago, according to a Quorum Corp. report. European crop quality was also hurt by heavy rains over the summer."

It seems that we better apply some lessons from MMT for a fast transition to green energy soon.

For anyone interested in learning more about MMT :

https://www.youtube.com/watch?v=WS9nP-BKa3M

(Presidential Lecture Series: Stephanie Kelton, video)

==Cyprus== Malloc

==Denmark== Gamerpay , Female Invest , Zoios

==Estonia== Membo

==France== Whaly , Carbonfact , Numary , Café , Hera , Crew , PaletteHQ

==Finland== Kapacity.io

==Germany== Snowboard Software , Moving Parts , QOA , HeyCharge

==Ireland== Luminate Medical , Noloco , Protex AI

==Netherlands= Quest , Orderli , Echoes HQ

==Poland== Enso

==Romania== Archbee

==Spain== Solarmente , Payflow , Arengu

==Switzerland== Pabio , Adaptyv Biosystems

==UK== Appollo , Shopscribe , Digistain , Abatable , Heimdal , StudyStream , Teamspace , Genei , Sitenna , Onfolk , SigmaOS

==USA== Beau , Iona Mind , Synder , Awesomic

It seems to me that this article is saying exactly the opposite of what you say.

The article is about how Europeans, that live in that "safe and secured society", are creating more startups than before.

>>"On the top of that, regulation in the EU is much worse than in the US. This does not help either. "

If you check those start-ups you can see that most of them are joining Y-combinator but they stay in Europe. So, also the opposite of what you are implying.

If you are interested in this kind of thing, you could like this one:

https://www.youtube.com/watch?v=c1qiZ_L8wX4

with some context:

https://www.openminds.tv/leaked-ufo-video-captured-by-homela...

https://www.ufo-timeline.com/aguadilla-puerto-rico-uap/

Probably a bird, but interesting anyway.

Sorry, I can't find the one I read, but there are several good "explanations" in the IMDB review section. Actually, the story is pretty straightforward. I suppose that if you are a Lynch scholar already, the effect is not so great. The magic for me happened when I didn't get it in the first view and everything made sense in the second.

One big thing, that I realized later (and the GP comments on this too) is that Lynch has his owns symbols and language that clue the audience about what's going on (the red velvet curtain for the subconscious/dream world, for instance). If you are not aware of that, it's easy to get lost.