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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (93006)7/28/2012 9:38:37 PM
From: Maurice Winn1 Recommendation  Read Replies (1) | Respond to of 217669
 
People, including you, TJ and no doubt Snowshoe, seem very keen on my CDMA/OFDM [interalia] technology. They keep paying 10s of $billions for more of it. <
Do you remember how much I tried to tell MQ that making money out of the patents you have is wealth but not as much as compared to a productive economy.
>

It's the most valuable thing that has ever been, but the price is absurdly low, thanks to economies of scale and near-zero marginal cost of production, meaning the consumer surplus is huge meaning people have huge wealth, even while they have little money. Peculiarly, they seem unaware of their wealth, because they do not have memory of their parents and great grandparents ways of life when they were young.

We have not yet got onto genetic engineering, other than for a few individuals. The value per person of that will be huge. My company Complete Genomics can decode DNA and manage the data to people and their clinical advisors for about $1000. One genome cost $billions not long ago, and could not be deciphered at all not long before that.

"Please splice in that extra 40 IQ points so my child will have megahorsepower brain function to enable very little rote learning drudgery at school and a magical mind far removed from chimpdom." For a low price the child will acquire $10 million in value. Such a bright child will be able to go wind surfing with little self-sustaining work to fund their desired lifestyle. The $10 million will not necessarily be expressed in big boats, private jets and wanton ways.

Mqurice



To: elmatador who wrote (93006)7/29/2012 7:27:15 PM
From: THE ANT  Read Replies (1) | Respond to of 217669
 
Elmat I think in Brazils case it was an interest rate phenomena.Brazil had almost a barter economy and thus assets were cheap as no borrowed money= low assets= feeeling poor.In China they keep their people poor with low value currency and poor social security system