- The dollars reach is a unique oddity in history
- Inflation is inherently a minor default
- Seahawk movie
- Currency exchange rates were based on USD
- Other currencies are too thin to support large exchanges
- Size matters but is not everything
- The US attracts foreign investment seeking safer investments
- We then invest in foreign markets for better returns
- Europe’s low spend in defense allows it to spend much on social programs
- Japan’s debt is really high
- A weak Japan is not in the US interests
- “This time is different”
- If not on the Euro, Greece and Spain could have printed its own money to cover debt and might not have been trusted with so much debt
- Central Banks speak to markets like owners speak to dogs, sentiment is more important than content
- Asia is half of the USD block
- Trade deficit is not as important as the saving/spending rate
- China orchestrated worked migration to prevent over pressure
- The IMF is judged on how well they match official numbers, not actual numbers
Blog
-
“Our Dollar, Your Problem” by Kenneth Rogoff
-
“The Sweet Spot” by Paul Bloom
- Humans pursue pain to bring meaning to their joy
- Persons kidnafpped by indigenous people in the “Wild West” would often go back to their kidnappers, but never the other way around
- Pleasure and pain are not opposites
- Horror junkies like feeling scared
- The English word “happy” is broader than comparative words in other languages
- More money brings more satisfaction but happiness plateaus
- Thinking about the past and the present brings meaning but not happiness
- We tend to try to balance hedonic experiences with pain
- Thinking something is painful makes the actual pain less intense and we experience pleasure
- It has to be brief
- Not cause permanent damage
- (Surprises are painful)
- “Expensive signaling” is a way to show you are serious and willing to “pay” the price
- Engagement rings are a good example, expensive and pointless
- Boredom is pain signals for the mind
- We get the same pleasure at watching people get justice as we do getting justice ourselves
- Thinking hard does not burn any more glucose than thinking relaxing
- The most taxing brain exercise is opening one’s eyes
- Mental exhaustion is a way to help compel one to look for other things to do with one’s life
- Most engaged people are clergy, military, librarians
- Don’t focus on being happy to be happy
-
“Cross Purposes” by Jonathan Rauch
- Christianity is on a quick, steep decline
- Parishioners are bringing their politics to church with them
- For liberals, the answer to “Who is in charge here?” should be “No one”
- The system is not perfect but tends to get better over time
- They are seen as godless
- Making money is the only value on the rise while most other values are in decline, especially faith
- The US Founders thought being virtuous would help make people more governable
- Four foundations
- Mortality
- Morality
- Murder
- Miracles
- “People have a perfect right to believe that we exist for a reason even if that reason is not scientifically provable. We are, of course, not entitled to believe whatever we want.”
- Being ubiquitous does not make it inherently right
- “Any unlikely natural explanation is inherently more plausible than a miracle.”
- Democracy depends on religion that desires to support democratic society; Religion depends on a democracy that supports moral values
- Liberalism is inherently anarchy-adjacent
- Conservatives characterize liberality as too much freedom
- Locke and others knew that there needed to be limited freedom for both persons and government
- “Religion does best when it adapts to the needs of actual people”
- We should move zeal out of politics and back to religion
- “Evangelic” became synonymous with “conservative”
- (true) Christianity can be summed as
- Fear not
- Imitate Christ
- Forgive each other
- “Christian nationalism” is not religious but political
- “We are to be governed by laws, not individual people”
- ‘What we gain by accepting what is already de facto law is insignificant compared to what we gain by working together’
- We should be navigating to increasing moral agency
- Mormon theology drives its approach to politics, most churches are the other way around
- “You can’t beat something with nothing”
- Many churches are missing “adults” to help keep the church in the spiritual realm and out of politics
- Christians should avoid the “Church of fear”; “fear not” is the most common admonition in the New Testament
- We should not pass laws “because Jesus said so” but we also shouldn’t be “allergic to religion”
- De-escalation is a benefit in itself
- Christians practices would be benefited if they realized they not in the promised land but are exiles
-
“Dr. Calhoun’s Mousery” by Lee Alan Dugatkin
- Too many mice kills the society
- With eel grass, starfish live lone lives, without it, they clump together
- Rats in human cities tended to self-regulate their populations
- Fighting takes place on the way to the feeder, but not at the feeder itself
- Hypothesis that small mammals have frequent aggressive interactions; as the interactions drop, the mammals move in the direction that is most likely to increase such interactions, thus spreading out
- Generations of leisure impairs the ability to care for young
- Morning songs may be how birds take a census
- Dominant rats did not mind pan-sexual and homosexual rat advances on themselves
- Culture helps manage the abundance of social interactions we have today
- An “invisible college” allows for important topics to be discussed and foment so answers are ready when they are needed
- (This is something the internet can help with but does not necessarily)
- Rats with low social velocity have more randomized patterns that might be better adapted for changing environments
- Connectivity decreases entropy but adds stress
-
“The Spinach King” by John Seabrook
- “Truck” comes from “bartering or produce growing”
- Marel is a prehistoric chemical that made the northeast growing really productive
- East Coast farms were slow to adopt irrigation, hampering their productivity
- Road building is naturally connected to farming because they need to get their farm goods to where the people are
- National road building was originally under the Department of Agriculture
- During WWII, people were encouraged to pick frozen foods to let canned goods support the war
- There is a difference between having money and being rich
- Farming + Contractor work = Year-round work
- Internal Family Systems (IFS) is a therapy system that is an internal analysis
- (Damaged people exude power to distract from the weakness inside)