Gresham’s Law Says America In Trouble

Gresham’s Law, named for the financier Thomas Gresham, states that in a system of circulating currency, forged currency will tend to drive out real currency, as real currency is hoarded and forged currency is spent. We see a similar result in human systems, as with bad behavior driving out good behavior in a crumbling moral system, or bad practices driving out good practices in a crumbling economic system.

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Emergency Climate Situation

https://techcrunch.com/2019/05/12/co2-in-the-atmosphere-just-exceeded-415-parts-per-million-for-the-first-time-in-human-history/

Look at that chart. CO2 levels are now higher than they have been in millions of years.

The solution here is easy- switch to nuclear power for power plants and most transportation (electric cars and nuclear powered cargo ships like our navy ships), and tax any CO2 generating activity at a high level globally.

Why won’t we switch to nuclear power?… read more “Emergency Climate Situation”

Merrill Lynch / Bank Of America’s Investment Platform is VERY Disappointing

I moved a good chunk of money into Bank America’s Merrill Lynch investment trading platform. I discovered in short order that the only funds they had were funds that had extremely high management fees. After calling in to discuss this with one of their representatives, I moved all my funds into Interactive Brokers – far better range of options and much better fees.

Wordscapes

I started playing a game called Wordscapes on my phone that I saw my wife playing. These games are extremely dangerous in that they prey upon human psychological traits (variable rewards, etc) in order to try to get their users literally addicted.

What Shall I Teach My Kids?

What are the most important skills for success in life?

  1. Work ethic / persistence
  2. Reading and writing
  3. Math and science
  4. Social skills
  5. Debate
  6. Programming
  7. Athletics
  8. Identifying fraud / scams / dishonest people / untruths
  9. Reproduction is the meaning of life, literally
  10. Creative thinking
  11. Critical thinking
  12. Reasoning from first principles
  13. Family and friends
  14. Entertainers (sports, music, acting) are not good role models and you don’t want to be them.
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