Shannon's Journal Discussion

[AlphaRomeo]

Hey Shannon. I loved to see that you are into economics in the AM7 thread. It was just a few lines there, but sadly enough most people have no understanding of the economic system at all. It's good to see that people taking care of themselves in that area!

Btw, I read these posts in your journal that you are working until 3AM somtimes. I presume you work these hours in front of a computer screen? Have you tried f.lux on your computer yet? Optimizing the light in your environment might really improve your productivity. I do not know of course, whether it is good or not right now. I would love advice you on it, if it is not an area of your expertise. Just let me know!

Ha, its interesting that you mentioned that inconceivablezen because I was going to comment on the same thing. I didn't know there were others on this forum who were aware of what the federal reserve was doing with all its money printing. In my opinion its either going to end in very high inflation or hyperinflation. Thats part of the reason why I plan on moving out of the U.S. after I finish my degree :x

Neither did I lol, wow. Cheers to you both.

Anyway, it's clear the house of cards will eventually fall. You can't keep passing the buck over and over and over. Every fiat currency has eventually become worthless. Even back to Athens. Once it's not backed by anything, you always have to ability to print it into oblivion by being irresponsible and short-sighted. While you're busy looking good to voters while passing the buck. That's the problem, nobody wants things to fail "on their watch", so it keeps getting worse and passed down the line.

There's going to have to be a correction sooner or later. A big sign has been China not using the US Dollar anymore and preferring to deal in other currencies, even their own. They own a ton of US debt, so it's a big sign they are losing confidence in the US Dollar, as they probably should to be honest. The Federal Reserve can keep spamming QE's all they want, but it's just trying to swim upstream. I think fractional reserve banking was the first sign of the massive abuse that's been done.

It's pretty clear sooner or later, it will have to revert to a gold standard.

Ain´t that something? I was rather sure Shannon would be aware about fed and it´s funny money (or should I say funny currency) but I also had a suspicion that there would be couple of members here too...turns out that some I had as "usual suspects" have just been revealed themselves. Whether you live in U.S or anywhere else, the smart move is to become as little depended on any one country or nationality as possible and become as much self-sustainable as possible on international level so that you can hit the road before the government near you goes from retarded to flat out insane and desperate and start to freeze bank accounts, tighten boarders/restrict transportation, restrict wealth transfers (alto that one is already in awful shape for those of you who are U.S citizens), confiscate gold of the citizens (like they did in 1933) and whatever freedom limiting measures they come up next in order to make the citizens to pay for the stupidity that the gov created in the first place.

I think these days becoming self sustainable on GLOBAL level is the new requirement for true transcended alpha. I wonder how much of the programming in AM7 will lend itself towards it, how "flexible" it is for the mind to interpret what we individually consider to be the full expression and life of true alpha. It can be different for each person. Granted, we gotta start from somewhere and there are some basic requirements that constitutes as alpha that needs to be taken care of first but I guess after the basics AM is about building your life to the fullest and that´s where the individual goals comes in. I also found BASE 2.1 to be really badass regarding to some of these bigger goals. AM helps to you to become self directed and transcended alpha and BASE helps to take it to the international level (since that requires financial sustainability) if one so desires.

Just some food for thought...