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RE: Relax, Everything Is a Ponzi Scheme

in #money8 years ago

"seeming order". i do explain that as well.

What looks like an orderly conversation from my perspective, looks like an orderly conversation from your perspective

indeed. momentarily. in a very closed system. now apply that to economies of scale and things get pretty chaotic pretty quick.

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It is not "seeming" order. It is order. And it lasts. Try to comprehend all the systems and industries and economies and social order that must constantly prevail for us to continue this conversation. The internet, the computer industry, power generation industry, plus all the support industries needed to keep those things up and humming along. Its an extremely magnificent coordination of human effort on a scale that is incomprehensible. And it happens day after day after day. And this is just one small example. Now interweave a few other industries such as food production and home building. The interplay of so many different individual decisions by so many different industries and desires is breath taking.

It is not "seeming" order. It is order. And it lasts.

If that was true there would be no misunderstandings. ever. even here we don't perfectly understand each other. this is after all why we have lawyers. communication is anything but orderly. we just get the "gist" of what we say.

Try to comprehend all the systems and industries and economies and social order that must constantly prevail for us to continue this conversation.

In the grand scale of things the time frame upon which this happens is miniscule. In fact give economies a couple of decades and they pretty much become chaotic, resetting over and over again. Even systems like satellites, fail all the time but backups maintain a seeming order. Again, very narrow time frame in the grandeur scale of things.

Everything might seem to work orderly (much like evolution) but they are not. There are chaotic mistakes all the time (e.g DNA) but they are not noticeable. We only get to observe the rough outcome as "order" aka seeming order. Analyze all the parameters enough and you soon will realize that everything is chaotic.

Even your own body is chaotic. From the very moment you are born you become more and more entropic. of course since you are "alive" for you this appears as "order".

The existence of order does not, by any stretch of the imagination, eliminate misunderstandings. Look at this conversation for example. You are trying to deny the very thing that allows you to have this conversation. I am attempting to correct your misunderstanding. But your misunderstanding does not in any way shape or form, negate the order that allows us to have this conversation.

I am not denying it that there is seeming order for this conversation to take place. You are taking the entire concept of the economic argument we had out of context.

We were talking about the perspective of one. For example for billions of other people this conversation is chaotic.

again. i said

//it's always chaos my friend. what is chaos for the fly is order for the spider. depends from which seat you are looking at things.//

What is the difference between seeming order and order?

Seeming order is what you get to experience at the surface of things, ignoring the inner workings. I gave the example with the human body. Perspective is key here.

Read the article I send you and focus on this premise: "What is order for the spider is chaos for the fly". Again, examine the argument intellectually honest from the economic perspective we are dealing with aka. Ponzi Scheme.

I answered almost every single argument you made about what is Ponzi and what is not. As I mention in the article most people have an issue with the concept of "fraud". The "product" or "return" almost never dictate the nature of pure "Ponzi" (perhaps the very first from Ponzi himself). Every single one after that was no different than let's say selling futures for the housing market that caused the whole system to come down.

So what is actual order?

And you haven't answered anything about ponzi schemes. A ponzi scheme is a criminal enterprise where an individual promises high returns and does nothing but payout older investments with newer money. There is no real economic activity. I say that EVERYTHING does not fall into this category. There are many many many legitimate and legal investments out there.