SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Elroy Jetson who wrote (91037)10/1/2007 6:20:47 PM
From: neolibRead Replies (2) of 306849
 
I'd much rather have tangible assets in my economy than treasures locked up in a fault. The treasures only have value provided you have faith in them. They don't produce anything. I'm not attracted per se to shiny metal. I am attracted to machinery, tilled fields, growing forests, institutions of higher learning, nice buildings, etc. It is easy for me to understand the utility of those. If faith is needed to facilitate trade, I'd just as soon place that faith in an actively well regulated, but very efficient system, then in a system so inefficient that is does not require regulation. I guess it is my control system bent. Everywhere I look, the systems we design controllers for are more and more high performance, and less and less intrinsically stable. A good example is modern aircraft, especially fighters. They require control compensation just to be stable. But the benefit you get is higher performance than a system designed to be stable without compensation. I see the monetary system the same way. You can design more stable systems that don't require regulation, but they are lower performance systems. I also am well aware that if you want to have a high performance system based on an unstable design, you must compensate it with a well designed controller. This gives you both stability and high performance. But I would still choose such a system and concentrate on making sure the controller is well designed.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News