Wednesday, May 7, 2014

"Beyond Squid" making fiat credit functions as simple as possible, but no simpler

   (Commentary posted by Roger Erickson; hat tip to EconIntersect)



When a VC whirs its blender vanes in Silicon Valley, it's never too late to short John Deere? :(

So get yer synthetic food while it's cheap .... 'cuz Vampire Squid is coming to town.
“How I Stopped Eating Food”
Initial ingredients posted here.

These techie inventors initially seemed a bit naive about basic food & fiber operations (e.g., distinction between more-hydrolyzed canola oil vs, say, less-hydrolyzed olive oil - since corrected, apparently) - not to mention water itself.

Maybe Monsanto has already patented a follow-on, Colon Cleanser, derived from ... non-GMO-FOOD!!! [Nobody could have predicted that, right?]

Regardless, the biggest revelation is that extracted nutrients are currently so much cheaper than raw food! Ponder the likelihood. That outcome is a byproduct of existing but transient industrial and tax policy. An "externality," you might say - and therefore subject to arbitrage.

Next? Look for Goldman Sachs to start buying & hoarding basic nutritional ingredients, in the same warehouses* as their aluminum & copper & politician stockpiles? Just like rentiers buy up cultural information, and hoard it as "copyrighted" material, instead of serving culture, by distributing it wherever & whenever useful.

Per the classic plot line of Greek Tragicomedy, after Guar Gum Wars story appears, look for the inevitable Return of the Rentiers.

And in subsequently expected episodes: The Vampire Strikes Back, followed by something featuring colon-cancer rates and an unfinished Barf Star doomsday weapon.

Actually, all this also leads directly to a proposed OpenSource or fiat book:
 "Beyond Squid"

making fiat credit functions as simple as possible, but no simpler
If OpenSource-Fiat is the basic medium of information, which binds all culture together, then the SquidSide of the farce is the inevitable parasite, opposing culture. A Squid Lord, you say? Supposedly extinct for 80 years? And how could one exist undetected in the midst of Democracy? Hmmm. Always tentacles there are. So which is the Squid, and which are the suckers?** To unravel this mystery, we need to travel back through UMKC, to the center of the universe, and on further, to Ogden, Utah, where local prophesy holds that another Marriner will someday bring nuance to the farce.*** Even those in Darwin should approve.


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* Congress is merely a Goldman Sachs warehouse? Where bankers stockpile policy, before doling it out to the highest bidders?

** Hiding in plain sight, as rentier & renters?

** but only when ready, these electorates are


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