Certain delusions are standing in the way of getting what we want as a society. One is that while our documents recognize that people cannot be owned and recognize that people have free association which means their associations cannot be owned we pretend we can own organizations which would amount if it were possible to owning people and their associations. Its not possible and we suffer immensely under this delusion. At the same time we have a lot of experience with organizations that we don’t pretend are owned and we don’t generally find them very satisfactory. A high point would be something like A.A. Another delusion we can drop is the notion of the “private sector.” There is no private sector and there is “public sector” and there is no 3rd “not for profit sector” either. There is just: the government prints money. And crypto will be the pinnacle of fiat currency- it will simply refine sovereign fiat which is already a much bigger deal than crypto. People don’t realize with sovereign fiat backed by a state and its monopoly on printing and monopoly on retiring what it printed and its guns and butter and law and momentum of habit, there is nowhere to run and one can’t even hide in the virtual for long because of the need to buy tangible goods. Even with current fiat there is so much that can’t actually happen. Things that are no longer realistic include: bank runs, bail-ins, hyper inflation, serious deflation, real depressions, actual tax evasion, actual deficits, actual bailouts, government running out of money, serious trade imbalances… It is like a perfected ponzi, it is the never ending bailout through leveraging future opportunity costs with inflation. This is beyond limitless energy and automation. At this point there isn’t anything beyond who gets first suck at the government tit in the next round of tying up future opportunity costs. Its so strange its almost like you don’t have to beat sponsored media and sponsored legislatures captured by way of sponsored media because these are just giving the government back the money it prints one way or another. And suddenly you don’t even need a basic income because we will never run out of anything again. There is no more: who is going to pay for it? There are also no more magical actors like banks with their hands in the government bond cookie jar- the banks have no power and the bonds, pittance of shelter that they are, are like taxes, the state only resorts to them to shore up inflation for the next round of inflation fueled spending. State only pays back bonds with more magically printed currency, it can never actually owe itself or any other entity with this stuff and when it takes it out of circulation to prevent slippage through interest rates or bonds or taxes it literally burns it! And there are no elites that can run to a tax haven or run to foreign currencies it is mathematically impossible to run from sovereign currency money printing- the math of it produces a tax in opportunity cost no matter where you are or what you do. Loss of reserve currency means nothing either because its still a sovereign fiat currency. And every crisis real or manufactured is used as a cover for another round of necessary printing because government money issuing/printing is always the prime mover in pie expansion. It moves some electrons around that correspond to some zeros in some account ledgers and its done. When we want something and there isn’t enough we suffer and when we don’t want something and there is too much we suffer and government printing or issuing of sovereign fiat is the speed of the pie its the true TINA. This is the solution of the economic problem and solution of the problems of economics. We just have to stop pretending we can own each other because its impossible. This is what Jaque Fresco and Fuller and Deming were pointing toward, it was already there but just covered in delusion.
