Frederick Bott
2 min readOct 25, 2023

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Credit to you for a lot of work, I read far enough to establish there is an exceptional market condition you missed - when money is issued for free, removing the profit driver from markets.
We saw it happen during covid, conventional traders deserted the markets, effectively going on strike, claiming "Something had gone wrong with money". (Buffet, from memory).
The market was flooded by a whole new breed of "traders", trading with money that they didn't care if they lost or not, they appear to have been driven simply by an urge to save companies they knew were going bankrupt whilst still offering products recognised and valued by the new traders, like cars for hire, and cruises on ships.
Hertz was rescued like this, whilst oil prices went negative, the first and only time in history.
If you think about it, they weren't trading, they were voting, with a whole new power to vote, with money.
Notice the dollar was going up in value whilst this was happening.
Trump very nearly upset the applecart of control by scarcity enforcement right there, it's a conspicuous coincidence he is now being cancelled by the same forces as nearly lost control before they managed to paper over with mainstream dialog.
But oil prices going negative was a real miracle, we should never forget that, it seems to me.
Further, my own work indicates we have to start issuing stimulus representing economic product created by solar, sometime, to preserve any energy (value) in money at all, given it currently can't represent product created by energy received for free from the sun as long as it is issued as debt, since debt is just a promise to extract. The only energy product scaling up, not represented by money is giving a false impression of scarcity, which is resulting in loss of value / energy in money.
How long will energy companies last, having to progressively buy more and more of the product sold by them historically to customers, back, whilst maintaining their shareholder profits?
Questions like that I find interesting to ponder.
Notice their business has already shrunk, by around thirty percent, in all developed countries, that business transferring to the public.
So at some point they will have to issue solar indexed stimulus, to put stable value / energy back into money in a way that it can continue to be exchanged for the new fuel replacing fossil fuels in markets - hydrogen created by the free energy of sunlight.
The latter is required to keep all aerospace airborne, whilst still fixing the energy problem by winding the planetary temperature back down, by putting to use energy from the sun which would otherwise become heat if neither we nor nature used it, since we removed a large part of nature, again at profit.
I think this will change markets a lot, when the money issuing authorities finally accept that, handing over control of issue of money to something like ChatGPT, truly capable of monitoring it all, issuing the money where its most needed, and most valuable.

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Frederick Bott
Frederick Bott

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