The problem is simple and obvious:

https://urldefense.proofpoint.com/v2/url?u=https-3A__www.reddit.com_r_nextfuckinglevel_comments_hqlcgc_jeff-5Fbezos-5Fnet-5Fworth-5Fscaled-5Fin-5Fthe-5Fminecraft-5Fworld_-3Futm-5Fsource-3Dshare-26utm-5Fmedium-3Dweb2x&d=DwIFaQ&c=eLbWYnpnzycBCgmb7vCI4uqNEB9RSjOdn_5nBEmmeq0&r=HPo1IXYDhKClogP-UOpybo6Cfxxz-jIYBgjO2gOz4-A&m=BgBBgvA39Fuah6B_Lx-0wJmcgXzrO277aDpwcoYYXr8&s=UbPbCKS7qXCbBwti9absfI6hBu6jOOFgLcSTYM-ZPFo&e= 

On Mon, Jul 13, 2020 at 12:35 PM Chance McDermott <[log in to unmask]>
wrote:

> Yes, money is not real.
>
> And when people say, "if we didn't document it, it didn't happen" are
> saying something that is not true or real.
>
> Maybe the people who believe the above phrase themselves are not "real,"
> either.
>
> When the bottom drops out on our economy because people couldn't let go of
> their delusional retirement and 20 year-plan fantasies, it's going to be a
> painful unlearning process.  Luckily there is a paper trail of all the
> parasites using this as an opportunity to siphon "money" and value out of
> the system.
>
> =Chance
>
> On Mon, Jul 13, 2020 at 7:41 AM Zak Ali <[log in to unmask]> wrote:
>
>> Hi Jason,
>>
>> Thanks for this explanation. It's very helpful.
>>
>> I need to learn more about this but it definitely resonates with me.
>>
>> Regards,
>>
>> Zak Ali
>>
>>
>>
>>
>>
>> On Sun, Jul 12, 2020 at 10:02 PM nysa71 <
>> [log in to unmask]> wrote:
>>
>>> Hi Zak,
>>>
>>> I'm glad you're open to MMT. Just wanted to point out that the headline
>>> to the article that you linked in the phrase, "Modern Monetary Theorists"
>>> is misleading, (i.e., "The Economist Who Believes We Should Just Print More
>>> Money").
>>>
>>> "Printing money" does not add a single dollar to the economy. It just
>>> transfers numbers from a balance sheet at the Fed to numbers on little
>>> pieces of green paper that you carry around in your pocket.
>>>
>>> It nets to zero in the economy.
>>>
>>> Money is  a unit of account. It's the numbers that's the money, not the
>>> paper.
>>>
>>> The federal government --- or any government that issues its own
>>> currency, for that matter --- creates dollars *every time it spends.*
>>>
>>> Or more precisely,
>>>
>>> The federal government *creates* dollars every time it *spends* by
>>> *crediting* accounts.
>>>
>>> The federal government *destroys* dollars every time it *taxes* by
>>> *debiting* accounts.
>>>
>>> It's all just keystrokes. No paper necessary.
>>>
>>> As an analogy, it's no different than a scorekeeper at a football game.
>>> A team gets a touchdown, the scorekeeper adds six points to the scoreboard.
>>> The referee then says that there wasn't actually a touchdown. The
>>> scorekeeper then removes six points from the scoreboard.
>>>
>>> It doesn't matter if the points were recorded digitally on a scoreboard
>>> with keystrokes, or recorded with a magic marker on a giant piece of paper.
>>>
>>> It's the numbers that's the points, not the medium on which the points
>>> are recorded.
>>>
>>> And so it is with money. [image: Emoji]
>>>
>>> ~ Jason Bessey
>>>
>>> On Sunday, July 12, 2020, 06:44:40 PM EDT, Zak Ali <[log in to unmask]>
>>> wrote:
>>>
>>>
>>> Hi Gregg,
>>>
>>> Welcome back.
>>>
>>> Yesterday, YouTube algorithm "recommended" the following documentary to
>>> me titled "*Empire of the Ants*":
>>> https://urldefense.proofpoint.com/v2/url?u=https-3A__www.youtube.com_watch-3Fv-3Dvt7jGGroF0Q&d=DwIFaQ&c=eLbWYnpnzycBCgmb7vCI4uqNEB9RSjOdn_5nBEmmeq0&r=HPo1IXYDhKClogP-UOpybo6Cfxxz-jIYBgjO2gOz4-A&m=BgBBgvA39Fuah6B_Lx-0wJmcgXzrO277aDpwcoYYXr8&s=LjC18ve9NDn997kork4OSSkV5muAxOunWIZd09QYbBA&e= 
>>> <https://urldefense.proofpoint.com/v2/url?u=https-3A__www.youtube.com_watch-3Fv-3Dvt7jGGroF0Q&d=DwMFaQ&c=eLbWYnpnzycBCgmb7vCI4uqNEB9RSjOdn_5nBEmmeq0&r=HPo1IXYDhKClogP-UOpybo6Cfxxz-jIYBgjO2gOz4-A&m=uDMcm3q5FvkKCMgv2cE1sO1E7nDr_H_agKmeksbDUNY&s=es4m7Z9PbO-ehpccIMhj1MBxcvBE0WFBVXC1VHGjVJs&e=>
>>>
>>>
>>> It's fascinating to me how "*cooperation*" vs. "*competition*" modules
>>> in insects and humans emerged in such complex ways leading to questions
>>> like "*Could the division of labor in an anthill be driven by the same
>>> social dynamics governing the gap between liberals and conservatives?" (see
>>> article below):*
>>> https://urldefense.proofpoint.com/v2/url?u=https-3A__phys.org_news_2020-2D01-2Dants-2Dmen-2Dant-2Dbehavior-2Dmirror.html&d=DwIFaQ&c=eLbWYnpnzycBCgmb7vCI4uqNEB9RSjOdn_5nBEmmeq0&r=HPo1IXYDhKClogP-UOpybo6Cfxxz-jIYBgjO2gOz4-A&m=BgBBgvA39Fuah6B_Lx-0wJmcgXzrO277aDpwcoYYXr8&s=u4Rnfx58ZVj3c00bkEA3oEQj96LcITAb_BRlwcK2cIU&e= 
>>> <https://urldefense.proofpoint.com/v2/url?u=https-3A__phys.org_news_2020-2D01-2Dants-2Dmen-2Dant-2Dbehavior-2Dmirror.html&d=DwMFaQ&c=eLbWYnpnzycBCgmb7vCI4uqNEB9RSjOdn_5nBEmmeq0&r=HPo1IXYDhKClogP-UOpybo6Cfxxz-jIYBgjO2gOz4-A&m=uDMcm3q5FvkKCMgv2cE1sO1E7nDr_H_agKmeksbDUNY&s=G5guq5NQ6gTaPrBDCyC-WTPCCGxm9kST3WrjSvbNAwc&e=>
>>>
>>>
>>> In the "empire of ants" documentary, they show two colonies; *one* with
>>> the *"**other anthill is the enemy*" template engage in a week long
>>> battle of "murder and mayhem" while the other anhills using "*let's
>>> cooperate with each other*" template turning into a super colony whose
>>> "operating system" seems to be superior in many ways.
>>>
>>> The more I reflect on this, the less judgement I feel towards people who
>>> are using the "*other anthill is the enemy*" sense-making template.
>>>
>>> Having this information from ant colonies, made me think about what
>>> templates I use when I try to make sense of the world around me. A recent
>>> one came to mind which has to do with MMT
>>> <https://urldefense.proofpoint.com/v2/url?u=https-3A__en.wikipedia.org_wiki_Modern-5FMonetary-5FTheory&d=DwMFaQ&c=eLbWYnpnzycBCgmb7vCI4uqNEB9RSjOdn_5nBEmmeq0&r=HPo1IXYDhKClogP-UOpybo6Cfxxz-jIYBgjO2gOz4-A&m=uDMcm3q5FvkKCMgv2cE1sO1E7nDr_H_agKmeksbDUNY&s=x28djppyUuCJagPxRSsA6tlXAX156tV48VYCsC36ih8&e=> (Modern
>>> Monetary Theory).
>>>
>>> Before I looked into and started seeing merit in arguments made by the Modern
>>> Monetary Theorists
>>> <https://urldefense.proofpoint.com/v2/url?u=https-3A__www.newyorker.com_news_news-2Ddesk_the-2Deconomist-2Dwho-2Dbelieves-2Dthe-2Dgovernment-2Dshould-2Djust-2Dprint-2Dmore-2Dmoney&d=DwMFaQ&c=eLbWYnpnzycBCgmb7vCI4uqNEB9RSjOdn_5nBEmmeq0&r=HPo1IXYDhKClogP-UOpybo6Cfxxz-jIYBgjO2gOz4-A&m=uDMcm3q5FvkKCMgv2cE1sO1E7nDr_H_agKmeksbDUNY&s=iBYUgCu-H4toHtBfaN5F3uQHSSW5JetRE6S8hva-9AA&e=>,
>>> I thought Bernie Sanders had no clue "how the economic machine works
>>> <https://urldefense.proofpoint.com/v2/url?u=https-3A__www.youtube.com_watch-3Fv-3DPHe0bXAIuk0&d=DwMFaQ&c=eLbWYnpnzycBCgmb7vCI4uqNEB9RSjOdn_5nBEmmeq0&r=HPo1IXYDhKClogP-UOpybo6Cfxxz-jIYBgjO2gOz4-A&m=uDMcm3q5FvkKCMgv2cE1sO1E7nDr_H_agKmeksbDUNY&s=T2FCmRfBeM-yjn_bRt0lZ18ZBbxga-Yi3nHOC-z-0Xo&e=>"
>>> so I used the "*other anhill is clueless*" template and completely
>>> ignored him. Now I feel like, I should have taken the time and listened to
>>> him at the very listen before completely rejecting his ideas.
>>>
>>> My hope is that this TOK community and your peers in the "intellectual
>>> deep web" communities will find better, faster and easier paths to reach
>>> all the anthills that are using the "*other anthill is the enemy*"
>>> templates and wasting a lot of energy in "competition" while "cooperation"
>>> module is at their disposal ready to be deployed.
>>>
>>> Look forward to our Zoom meeting tomorrow.
>>>
>>> Regards,
>>>
>>> Zak Ali
>>>
>>>
>>>
>>>
>>> On Sun, Jul 12, 2020 at 7:13 AM Henriques, Gregg - henriqgx <
>>> [log in to unmask]> wrote:
>>>
>>> Hi TOK List,
>>>
>>>
>>>
>>>   I hope this finds you well.
>>>
>>>
>>>
>>> I am back after my week of gluttony and sloth in Vermont with my
>>> parents. Fortunately, I was able to swing a few hours south and hang out
>>> for a couple of hours with Zak Stein.
>>>
>>>
>>>
>>> I thought I would share that, on a recommendation from Daniel Fraga, I
>>> checked out this short film
>>> <https://urldefense.proofpoint.com/v2/url?u=https-3A__www.youtube.com_watch-3Fv-3DH652LD60A5k-26feature-3Dyoutu.be&d=DwMFaQ&c=eLbWYnpnzycBCgmb7vCI4uqNEB9RSjOdn_5nBEmmeq0&r=HPo1IXYDhKClogP-UOpybo6Cfxxz-jIYBgjO2gOz4-A&m=uDMcm3q5FvkKCMgv2cE1sO1E7nDr_H_agKmeksbDUNY&s=-lEZJlWjhTtdmJ201QMq3jyGbcbzitiOQQHXz5UDIfM&e=>
>>> by Adam Kingsmith and found much to like about it. I was not aware of
>>> Marcuse’s work on *Eros and Civilization*, so that is a bonus right
>>> there. In the language of the Unified Metapsychology Framework, this is the
>>> Primate-Ecology versus Person-Society problem (or the Animal-Mental versus
>>> Cultural-Person dimensional alignment, writ large). Now we need to move
>>> from this “two part” problem into the three part, Mind, Culture, Digital.
>>> This is the problem of the 5th joint point on the Tree of Knowledge
>>> System.
>>>
>>>
>>>
>>> Tying this back to the film, I have long argued that we needed a way to
>>> cultivate lives that intertwine love, work and play with meaning. Or, more
>>> metaphorically, we need to build global civilizations that can allow us to
>>> cultivate our local Gardens all while allowing Gaia to flourish writ large…
>>>
>>>
>>>
>>> Peace,
>>>
>>> Gregg
>>>
>>>
>>>
>>> ___________________________________________
>>>
>>> Gregg Henriques, Ph.D.
>>> Professor
>>> Department of Graduate Psychology
>>> 216 Johnston Hall
>>> MSC 7401
>>> James Madison University
>>> Harrisonburg, VA 22807
>>> (540) 568-7857 (phone)
>>> (540) 568-4747 (fax)
>>>
>>>
>>> *Be that which enhances dignity and well-being with integrity.*
>>>
>>> Check out my Theory of Knowledge blog at Psychology Today at:
>>>
>>> https://urldefense.proofpoint.com/v2/url?u=https-3A__www.psychologytoday.com_blog_theory-2Dknowledge&d=DwIFaQ&c=eLbWYnpnzycBCgmb7vCI4uqNEB9RSjOdn_5nBEmmeq0&r=HPo1IXYDhKClogP-UOpybo6Cfxxz-jIYBgjO2gOz4-A&m=BgBBgvA39Fuah6B_Lx-0wJmcgXzrO277aDpwcoYYXr8&s=l4uDpP89Vs863zCY6_22x4I54dLD6oTAi_RseX8Sec8&e= 
>>> <https://urldefense.proofpoint.com/v2/url?u=https-3A__www.psychologytoday.com_blog_theory-2Dknowledge&d=DwMFaQ&c=eLbWYnpnzycBCgmb7vCI4uqNEB9RSjOdn_5nBEmmeq0&r=HPo1IXYDhKClogP-UOpybo6Cfxxz-jIYBgjO2gOz4-A&m=uDMcm3q5FvkKCMgv2cE1sO1E7nDr_H_agKmeksbDUNY&s=3NvTeopb_kFoJ-qZE-w1_hgQxWahUCJlgKpMto_C_OI&e=>
>>>
>>>
>>>
>>> Check out my webpage at:
>>>
>>> www.gregghenriques.com
>>> <https://urldefense.proofpoint.com/v2/url?u=http-3A__www.gregghenriques.com&d=DwMFaQ&c=eLbWYnpnzycBCgmb7vCI4uqNEB9RSjOdn_5nBEmmeq0&r=HPo1IXYDhKClogP-UOpybo6Cfxxz-jIYBgjO2gOz4-A&m=uDMcm3q5FvkKCMgv2cE1sO1E7nDr_H_agKmeksbDUNY&s=HGOthSiGMP_ROnQRCxgQ-4WPLn2ZJgoc62ki2sEkMLs&e=>
>>>
>>>
>>>
>>>
>>>
>>>
>>>
>>>
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