Flinter

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Flinter — LessWrong

Replying toStrategy of von Neumann and strategy of Rosenbergs

Flinter6d

Strategy of von Neumann and strategy of Rosenbergs

Nash put forth his strategy for such. Seems kinda stupid to ignore it.

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Replying toA Proposal for a Simpler Solution To All These Difficult Observations and Problems

Flinter9y

A Proposal for a Simpler Solution To All These Difficult Observations and Problems

It means, in this context, "the first word of the technical term 'ideal money' which Flinter has been using, and which I am hoping at some point he will give us his actual definition of".

Ideal, the standard definition, means implies that it is conceptual.

You began by saying this:
I would like to suggest, as a blanket observation and proposal, that most of these difficult problems described, especially on a site like this, are easily solvable with the introduction of an objective and ultra-stable metric for valuation.
which, as I said at the time, looks at least as much like "There is such a metric" as like "Let's explore the consequences of having such a

... (read 1196 more words →)

Replying toJohn Nash's Ideal Money: The Motivations of Savings and Thrift

Flinter9y

John Nash's Ideal Money: The Motivations of Savings and Thrift

Because it leaves the market participants with no basis for valuation. Every time they find one there is pressure for self interested actors to corrupt it. And also it doesn't matter, if I don't give an argument then the suggestion is still that competition will tend the currencies towards ideal.

Replying toJohn Nash's Ideal Money: The Motivations of Savings and Thrift

Flinter9y

John Nash's Ideal Money: The Motivations of Savings and Thrift

Gold money means that the VALUE is relatively stable (relative to other options) in comparison to Ideal Money (which is money comparable to an optimally chosen basket of stable global commodity prices). We have never had that option, other than gold that Nash explains failed for reasons, and is not a good idea to re-instate for reasons.

Also the governments heavily restrict our ability seek better alternatives.

Replying toJohn Nash's Ideal Money: The Motivations of Savings and Thrift

Flinter9y

John Nash's Ideal Money: The Motivations of Savings and Thrift

As general feed back: On Less Wrong we actually tend to have pretty thick skins, so it doesn't bother me too much when you call me stupid. It only makes you look bad.

Calling you stupid is a short cut. I know it doesn't hurt you, and I don't care if I look bad. I bring content that is truth.

Despite Isaac Newton's obviously superior intellect, I see no reason to drop what I'm doing and become an occultist.

I know but the thing is that Newton was an alchemist too, and their famous endeavor is to effectively turn math into gold, which I am claiming has been achieved now. Also in... (read 351 more words →)

Replying toJohn Nash's Ideal Money: The Motivations of Savings and Thrift

Flinter9y

John Nash's Ideal Money: The Motivations of Savings and Thrift

Its not my proposal.

The answer to your questions is too big. There is an intrinsic problem with our gobal financial system. Essentially the triffin dilemma. Governments, because self interested, cannot act for the good of the citizens. It is the nature of the problem.

Nash proposes the introduction of a "good" money, but it is good not in the conventional sense, but rather the "gold" sense (which again he defines because not many understand).

With the introduction of this international "gold money", there is now a new stage set or game created. Governments now have to respond to the fact that citizens can CHOOSE, and so the... (read 363 more words →)

Replying toJohn Nash's Ideal Money: The Motivations of Savings and Thrift

Flinter9y

John Nash's Ideal Money: The Motivations of Savings and Thrift

"Depending on how things were fundamentally arranged" is doing an implausible amount of work in that quote. Depending on how the atoms in my desk are fundamentally arranged, my desk may be a fully general nanoassembler, but the scientific and engineering work needed to turn my desk into a nanoassembler hasn't been done.

Firstly you are calling Nash dumb, which is stupid and ignorant. Do you think maybe you don't understand what he is saying and especially WHY he is saying?

2ndly you are not using the standard accepted definition of the word Ideal: http://lesswrong.com/r/discussion/lw/ogt/do_we_share_a_defintion_for_the_word_ideal/

Also, why do you think it is so unlikely that the value of the standard kilogram could

... (read 366 more words →)

Replying toThe substance of money

Flinter9y

The substance of money

The problem happens when we approach the economy from the question of "how do we design the best money" Money arose NATURALLY to solve a problem mankind couldn't solve with design and intuition. The (most significant) problem it solves is provided and objective basis for value, but it doesn't perfectly solve it, there are still intrinsic problems, paradoxes, and dilemmas.

The problem is how to optimize our economy, not how to create an ideal money.

What we are looking for is a stable metric, not an optimized money, it is simply that some people feel money and provide this metric. However, over our history money of any form has never remained stable.

Only ideal money, or money comparable to it, can be stable and properly solve this problem

Keynesian money doesn't even attempt to address the problem, it doesn't understand the problem.

Replying toThe substance of money

Flinter9y

The substance of money

Yes it is isn't it. It is also widely criticized. What Nash explains is that Keynesianism is simply an advance opaque form of bolshevik communism. It's an excuse to sell the public bad money under the label "good" money". Nash explains that we can view it as it has a missing axiom:

I think there is a good analogy to mathematical theories like, for example, “class field theory”. In mathematics a set of axioms can be taken as a foundation and then an area for theoretical study is brought into being. For example, if one set of axioms is specified and accepted we have the theory of rings while

... (read 356 more words →)

Replying toA Proposal for a Simpler Solution To All These Difficult Observations and Problems

Flinter9y

A Proposal for a Simpler Solution To All These Difficult Observations and Problems

OK. Would you care to help me understand correctly, or are you more interested in telling me how stupid I am?
There is no possible modification I could make to my definition of "ideal" that would make any difference to my understanding of your use of the phrase "ideal money". I have already explained this twice.

Existing merely as an image in the mind:

An ideal is a concept or standard of perfection, existing merely as an image in the mind, or based upon a person or upon conduct: We admire the high ideals of a religious person

I think you erred saying there is no possible modification.

Er, what? No, I haven't (more accurately, hadn't) heard

Flinter

Perhaps this will be seen as spam and that I have broken a rule of propriety, but my previous discussion has already served its purpose and I think will continue to do so. I needed it as an open dialogue to get a general idea of what the implications of a stable metric for value would be (ie it would solve many otherwise difficult to solve problems).

In relation to such a unit of value, I would like to ask what is your definition of the word "ideal". On the surface this question might seem empty, but I often observe with people that we don't all share the same meaning for the word, and that the discrepancy is significant.

Do we have a shared meaning for this word?

A Proposal for a Simpler Solution To All These Difficult Observations and Problems

Flinter

I am not perfectly sure how this site has worked (although I skimmed the "tutorials") and I am notorious for not understanding systems as easily and quickly as the general public might. At the same time I suspect a place like this is for me, for what I can offer but also for what I can receive (ie I intend on (fully) traversing the various canons).

I also value compression and time in this sense, and so I think I can propose a subject that might serve as an "ideal introduction" (I have an accurate meaning for this phrase I won't introduce atm).

I've read a lot of posts/blogs/papers that are arguments which are... (read 221 more words →)

LESSWRONG
LW

LESSWRONG
LW

Flinter

Flinter

John Nash's Ideal Money: The Motivations of Savings and Thrift

Do we Share a Definition for the word "ideal"?

A Proposal for a Simpler Solution To All These Difficult Observations and Problems

Flinter

Flinter

Flinter

John Nash's Ideal Money: The Motivations of Savings and Thrift

Do we Share a Definition for the word "ideal"?

A Proposal for a Simpler Solution To All These Difficult Observations and Problems