Redefining Fiscal Conservatism. The Terra/Energy Based Fiscal Unit. Föres and Lagom White Paper, Boundary Conditions for a Fiscal Conservatism based upon Circular Economics. (Part One) Scope.
⨊GåFöre(O⨋)The FedratedMutualSociety.⨊Före(s)And⨋Lagom(s) Putting the Complementary into Crypto Currencies!.
⨊Före(s) The store of Value component of the föres, Lagom dynamic currency complex.
Energy Cost of Energy is explained here by Dr Tim Morgan.
SEEDS uses an alternative measure, ECoE (the Energy Cost of Energy), which expresses cost as a percentage of the gross energy accessed.Because the world economy is a closed system, ECoE is not directly analogous to ‘cost’ in the usual financial sense. Rather, it is an economic rent, limiting the choice we exercise over any given quantity of energy. If we have 100 units of energy, and the ECoE is 5%, we exercise choice (or ‘discretion’) over 95 units. If ECoE rises to 10%, we now have discretion over only 90 units, even though the gross amount remains 100.This is loosely analogous to personal prosperity. If someone’s income remains the same, but the cost of essentials rises, that person is worse off, even though income itself hasn’t changed.
Understanding ECoEECoE evolves over time. In the early stages of any given resource, ECoE is driven downwards by geographic reach, and by economies of scale. Once maturity is reached, depletion takes over as the driver, pushing ECoE upwards.
In the pre-maturity phase, technology accelerates the fall in ECoE driven by reach and scale. Post-maturity, technology acts to mitigate the rise caused by depletion. But – and this is often misunderstood – the capabilities of technology are limited to the envelope of the physical characteristics of the resource.
Embodied energy cost of opportunity cost. Which would be a true metric of decision making where resource constraints involve mutually exclusive investment decisions.
We do Know that all Debts and Credits do not sum to Zero in the existing system and this is due to the Principal Debt being issued without the Interest Element , it is from this simple fact that Money Scarcity exists as an idea and gives a notion then of a Time value of money expressed as a rate of Interest.GLOBAL PRIMARY ENERGY USE ASSOCIATED WITH PRODUCTION, CONSUMPTION AND INTERNATIONAL TRADE
End of Ownership, Circular Economy Proof of Brain and Primary, Intermediary and Consumption Energy Tokens. A Framework Evolves.
Is it not really just another species of American Exceptionalism, is it perhaps White American Supremacy. With respect to Exceptionalism rather than the theme of this article, it is ubiquitous in societies going back through history.
We find it in Plato's Noble Lie, We find it in The God Pharaohs in Egypt, Chosenness is perhaps the oldest form of Idolatry.