the main failure to this model is that it doesn't really look into where these "leaks" are going fiat "leaks" out of a system cycle through things like buying hard assets, savings, destruction, etc..
in order for the central authority to maintain control, it has to print increasing large amounts of money to keep the increasingly powerful individual actor's from gaining too much power. the printing has to be so much that it debases the upstart's money
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this is a classical positive feedback loop and creates hyperinflation that causes the state to lose all control when centralized control is lost for a state, the state no longer acts like a single state even if it nominally remains one
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so when new money is being pumped into a system, and all its doing is being accumulated in local buffers and capacitors, then central authority erodes. shared "commons" start falling apart. e.g. infrastructure, public schools parks safety, etc..
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everyone has to retreat to whatever local warlord manages to engorge itself on the free energy (who eventually fallback to an outside-system currency like gold) everyone rushes in to buy tickets to the ark that will take them to isolated elysiums
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note that this system works if the warlords are perfectly cooperative... this is b/c in a perfect world they will just give money wherever it is needed. the gov doesn't even have to care about how it distributes $ since the warlords will figure it out themselves
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except... this isn't how economics works at all economics is primarily about INFORMATION DISCOVERY on how to collaborate the warlords fighting each other tooth and nail IS how this information is discovered. they don't just know it. morality ISN'T the blocker
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this is ironic b/c the stereotypical "being nice solves everything" person is often a "nature hippie" of some sort and let me tell you something about nature. it's quite violent. hoomans literally created anti-nature "civilization" bc they couldn't handle the heat. weaklings.
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yes yes yes cats followed the hoomans into civilization for comforts but also fuck you. i am still JUST as deadly and powerful and agile as my wild relatives the mountain lynx, the lion, and the saber toothed tiger.
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