Dylan Lawrence Moore

Forget nutrition. Biohacking is the way to figure out what to eat. An Interview with David Asprey - Bulletproof Coffee Revisiting Fat and Health

I'm sure I've told you this before. Choose to do uncomfortable things because they make you uncomfortable. This trains your pain tolerance, which will allow you to do the things you need to do, even when you don't want to. I trained myself by random commitments. Flying to Europe on a one-way plane ticket, for example, was a commitment to throw myself into a fire and see if I could survive, knowing I would learn a massive amount in the process. I took on a foreign culture I knew nothing about (Austrian) just to see if I could do it. Now I'm figuring out how to make money. It's hard after living as a monk/vagabond, but the previous training to be determined to do the uncomfortable helps keep me committed.

Don't they also own Coca-Cola while simultaneously condemning Mormons from drinking it because of the caffeine?

Thank you for making an effort to address what was actually in the video! We agree! Making videos is tougher than I originally thought, so they come out at the speed that I can handle. This is the thing, the Fed actually IS under the government's control. The Fed exists entirely through statute, and Congress could take it away simply by voting on it. Now, as an agency set up under statute, it is able to control interest rates without any oversight, which is one of the reasons why it's such a massive pain in the dick. The Fed doesn't "tax" the federal government. Neither the Fed nor the Federal Government need money, because they can just create it, so one taxing the other doesn't make sense. Furthermore, because the federal government never has nor doesn't have money, they don't need it in order to pay for anything. What this means: federal government bonds don't pay for anything. As Nima puts it, they are simply an easy way for rich people to make lazy money. When someone cashes in a treasury bond, it's not like the US Treasury or the Fed needs to take money from somewhere else in order to pay the bondholder their interest, they simply write a new digital number into their account. Money created out of nothing. Here is something that helped me understand: In reality, you cannot use something that does not exist. I can't eat a loaf of bread that hasn't been baked. In fantasy, I can do whatever I want. I can have a magic pouch that produces infinite loaves of bread. To most people, money exists in reality. We can only spend what we have or can borrow from someone else. To the government, money exists in fantasy. They can snap their fingers to create or destroy it. The government makes its fantasy money real to most people with the usage of violence, a.k.a. taxation. "Act like it's real, or else."

Much to my chagrin, as I was working on this video, Stef went and published a call-in show AND a video on this topic. Balls. I am one of the "rare" success stories of the modern college era. I graduated in 2009 with a BS in Chemistry and I already had a job lined up at an oil refinery where I had been interning as a lab tech for a year and a half. I had gone to school, gotten good grades, went to university, and got the coveted job that correlated to my degree. Congratulations! I was mediocre. But I fucking hated it. I ran away screaming from the academic and corporate world to spend four years between living a monastic lifestyle in a Shinto shrine, moving across the country and become a teacher at a private high school, and finally buying a one-way plane ticket to Europe where I would spend two and a half years being more or less a vagabond. I wanted to reject utterly the life that had been promoted to me by society. I came back to the US, my clothes in shreds and not much more than $5 in my pocket. I had tasted the modern middle class dream and I had lived a life as close as I could to a monk with a vow of poverty, and then and there I decided I was going to be a business owner and a real estate investor. Being broke sucked, but I preferred it over not being able to decide my schedule and decide what I was going to do throughout the day. The key was business and passive income, and I felt the best way to achieve that was real estate. Since then, through much trial and tribulation, real estate guru bootcamps, and entrepreneurship programs, I've been able to raise a quarter million dollars of private investor capital and as of last December I've started my first real estate project with a business partner. Fuck school. Fuck university. And fuck everything that they taught me. I'll write my own script here, thanks. Hope I'm able to add something that Stef may have missed! -Dylan P.S. Is anyone here adept or at least decent editing video with Kdenlive? I sure as hell could use a resource to ask questions to. I've had a hell of a time properly editing and getting these things up to Youtube.

The free market is already solving the problem. There are entrepreneurship and mentorship programs springing up all over the place that focus on how to start a business and provide value to people. I'm a part of one and the "classes" we take are specifically aimed at being actionable information. There is no "learning for the sake of knowledge" or "something to remember for the test". All of it can be taken and put into practice. I'm actually a little miffed. I was working on a "Why College Sucks" video right when Stef released his.

Therefore... something to do with my post?

Mormons may be crazy, but them muthafuckas can make some money.

I haven't got the slightest clue what you're trying to say to me.

This is where you're entirely missing the point. Nima and I are not discussing how to achieve a state free society. We're discussing how to avoid economic collapse under the current statist system.

Found your problem.

Fractional reserve banking turns out not to add much. When someone gets a loan from a bank, that's debt that actually does have to get paid back. Thus, when credit is extended by a bank, a liability is simultaneously created, which will eventually be paid off (assuming the borrowing doesn't default). Central bank "credit" doesn't need to be paid back, so it's just out there. That's why the net private sector savings is so dependent on spending from the federal government. There simply isn't any other place to get the money.

Assertions and statements. First, where did we try to prove anything? Second, if we were, how were our proofs wrong? Why are you talking about the best theoretical money system? We certainly didn't. Strawman. I have no idea what your basis for saying this is, how it's true, or how it relates to what we talked about in the video. I don't know what "taxes and interest taken out of circulation" means, not do I know why the private/public nature of the Fed has anything to do with what we talked about in the video, and you didn't explain why here. Taxation certainly takes money out of circulation. If this is what you meant, nothing you wrote explains why that is nonsense. I'm wondering if you actually watched the video, because you don't seem to be talking about anything that was discussed in it. Would you like to watch it again?

I like how your arguments are assertions and therefore not arguments.

Talk more about rents. I'm seeking rents myself. Are you speaking specifically or landlordism or just any venture that involves getting a check in the mail from somebody else using your space? Because if the legal system in a society is built correctly, I would say a landlord has just as much of an obligation to provide safe housing and be liable for what happens to the property and how he treats the tenant. Landlord is in charge of insurance, taxes, repairs, and properly selecting a good tenant, and the tenant is responsible for paying his rent for these services.

Good question. This is a strategic move he's going to have to make that I don't know the answer to. However, it would be nice to have one less molesting priest out there.

Milo's situation sucks and it would be better for everyone if he: a.) Accepted that he was abused and began healing his trauma, and b.) Began to identify people he knows to be child abusers. Starting with his priest would be good. Until then, Western Civilization is having the battle for its life and he is one of its foremost warriors. Priorities!

I totally believe it. It blows my mind that Quigley was able to put his work together, especially his theory on the evolution of civilizations, pre-internet and largely without precedent. It's not like all the historians before him had the same scientific outlook towards history that he does. It also blows my mind that nothing of his theory has been developed, or even fucking acknowledged in social "science" circles. That's why I tout it around as much as I can--I know it's not good enough, but it's the best and only starting point we have so far. You haven't mentioned the biggest thing that I took from the book, yet: Quigley's ideas of an instrument, and institution, and how the former inevitably becomes the latter, and how this is a principle of historical forces. Particularly, that the essence of any civilization is its Instrument of Expansion. That is to say, how does the civilization create excess wealth, save it, then reinvest it into the civilization (a.k.a. capitalism)? His entire description of civilizations revolves around how the instrument of expansion is or isn't functioning. The reason I say this is the most important principle, is that if we're going to resuscitate the West, or convert any other Civ to freedom, it's going to have to be done by accurately analyzing the Civ's instrument of expansion and correcting, fixing, or changing it.

I'm not sure when the topic switched from whether or not the national debt is debt to whether or not the national debt is robbery. I believe the technical term for that is moving the goalposts. Of course it's robbery. We're anarchists here. Anything the government does is robbery by definition. But just because it's robbery, doesn't mean that it is debt. Federal "debt" does not need to be paid back, like a private debt or debt to a lower government agency (state or municipal or whatever). If we're going to have a plan to stop the robber, we need to accurately understand how the robbery is occuring. To the point of the video: I'll take a 3% a year robbery over an economic crash that would occur if the budget were balanced, or a surplus was created. Better to get robbed 3% than have nothing to rob at all.

Thanks for noting this. It's frustrating measuring things by a Prussian-education model. Obviously there is some intelligence involved, but doing well on tests is basically a measure of being able to memorize what you were told to memorize.

We specifically addressed Venezuela in the "Why We Need a National Deficit Video". Venezuela has plundered production, therefore reducing the goods and services available for money, and has tied its currency to the US dollar, so when it prints money, the USD to Venezuelan currency ratio changes radically. When a money isn't tied to anything, there isn't a ratio like this to affect. I'm not talking about creditors. I'm talking about the federal government. They operate differently. One has to earn money it lends, the other creates it out of nothing. It's like you're not even listening to the information in the videos we're posting. That was about as clear as mud. Wrong on all accounts. MMT acknowledges inflation by pointing out that massive inflation is caused by loss of production, which again we pointed out very specifically in our last video. Furthermore, an increase in the money supply generates more production in a free-enough society. If goods and services increase with the supply of money, usually a small amount of inflation occurs, but not enough that the society can't handle it. Venezuela and the Soviet Union don't meet the "free-enough" standards. MMT claims federal debt that was generated from a central bank is not debt. All other debt, whether from state or local governments, or private citizens, is real debt. You are either deliberately conflating or you don't understand at all what we've been saying. Regarding interest on bonds, Nima has specifically addressed that in the videos. It's simply guaranteed interest for rich people who want to be lazy. There is no risk that the government won't pay the bond-holder back, because the government can always just print the money (i.e. they can simply write the number into your bank account). Seriously, every time you post it's like you either haven't listened to or haven't in the slightest understood anything we talked about in our videos.

What part of anything either I or Nima have said disagrees with that? In none of the videos have we made so far, we haven't discussed the ethics of way money is created, we have only discussed the function. You can't "waste" money when you have the ability to infinitely create it. Addressing that it's wrong and showing the evidence and having the arguments that it's wrong are two separate things. You can post where ever you want, but you look really silly if you keep completely ignoring the principles discussed in the topic of the thread.

OOF! Where do you draw the line on that one?

So is this post a nuance of the issue or the general point? Sounds good. Still not seeing your point, though?

Andi, How can you "waste" money when you have the power to create it out of nothing? If you're not going to address the central principles of what Nima and I have been talking about, why are you posting in response?