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y_feldblum

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About y_feldblum

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  1. probeson, Sensation is mechanistic. Photons impacting the cones or rods, atmosphere vibrating in a wave impacting the eardrums, etc. Perception is done automatically, that is to say, without the being in question having to will itself to perceive. In contrast, human beings have to will themselves in order to form concepts or otherwise to think; but human beings (among other species) perceive automatically, whether or not they will themselves to, simply by virtue of having skin, taste buds, eyes, ears, and noses, all connected to a brain. As DavidOdden and Grames indicate, "automatical
  2. There is no such thing as "not enough gold." It's not as though we will die of starvation from "lack of enough gold to go around." As more people are born, the existing supply of gold will become spread more thinly across more people (as people trade with each other in gold). Prices will simply fall across the board as more people produce more things.
  3. That is correct. Paper dollars are inherently worthless. No-one would use them if they were not forced to.
  4. Unfortunately, while Karl Denninger's does make a few good points (there were many people who were gaming the system with other people's money, and they should be sent to jail), the rest of his commentaries don't stand up. Again, the debate over fractional-reserve banking assumes the context of a commodity money such as gold, so at this point the debate is mostly hypothetical. The real problem is fiat (fraudulent) money, and it has been my argument that all forms of fraudulent money are harmful, fractional-reserve commodity money included, and non-commodity included as well. All forms of fr
  5. Note again that inflation is only a problem in a fiat money system, whether that is fractional-reserve commodity money or full-out fiat money. Inflation is not an issue under a free market system, because people will tend to gravitate to that commodity which has the best properties to be used as money. Something that is generally accepted in trade is money. That's what it means to be money. Barter is not money, but gold and whiskey are, when they are traded not for their own sake, but because they are generally accepted in trade.
  6. If you put your money in a bank, you can write checks against it. If you put your gold in a bank (back when we used gold as money), you can receive receipts for it which are as good as money. That is, until fractional-reserve banking enters the show. That's when things get more complicated. That's when you start writing checks against the same deposits that were loaned out in a sub-prime mortgage which the bank now hopes to collect at 50 cents on the dollar. That's also when the FDIC shuts your bank down (bank failures and FDIC takeovers). In a real-world economy, you would lose your deposi
  7. The definition of displacement which I am using is (this is my own definition): displacement: n. the relationship between two points in space; the difference between two points in space; the vector from one point in space to another (mathematics, physics). See Wikipedia for confirmation of the use of the word in this manner. Note that the article uses the word displacement in the context of analyzing motion because the word is predominant in kinematics, the study of motion; however, the concept that the word signifies is not limited to kinematics but extends to all aspects of geometrical
  8. Yes, that would be the correct complaint against fractional-reserve notes. Banks typically tend to tell their customers that demand deposits are safe. But according to you, banks should actually be warning their customers that demand deposits will mostly be safe, for most people, for the next couple years - until the current economic boom (caused by credit expansion, itself caused by fractional-reserve banking) ends with a bust, and all the bank' customers attempt to withdraw their deposits and the banks are forced to liquidate, at which point the banks' customers' accounts will be prove
  9. Inflation tends to be a phenomenon of fiat money, not of a fully-backed commodity money, because a commodity with unstable value would not come to be used as money, and if it did come to be used as money, people would tend to switch to a more stable commodity to use as money. It is true that vast sources of additional commodity (the same commodity as that currently in use as money) may be found and thus the relative value of a unit of that commodity will fall. But one of the characteristics of a commodity which makes that commodity good for use as money is that it is difficult to find and prod
  10. A vector space is indeed a vector space over a field, and that field is the Scalars with respect to that vector space. However, vectors do not have any intrinsic notion of magnitude. Some vector spaces are metric vector spaces, in that there is an additional notion of a metric, which includes the notion of magnitude of a vector. One needs to come up with a metric over the vector space of displacements in order to define what distance means (distance, a scalar, is defined to be the magnitude of displacement, a vector). Sample formulas: The distance from location p to location q is |p
  11. Correct. None of the coordinates need be distance. The concept of a vector space precedes the concept of a metric over that vector space (a metric is a particular function Vector X Vector --> Scalar which defines distance for that vector space). Vectors do not have distance in and of themselves; a vector v only has a distance in the context of a metric m, and that distance is defined to be m(v, v). Displacement is a vector. Displacement is, in Newtonian physics, space-relative. In Special Relativity, it is spacetime-relative.
  12. Isaac Newton has already done this, with the invention of the differential calculus, with his application of the differential calculus to problems in physics, and with his systematization of the physics of his era under just a few abstractions. I refer you to his definition. Location is not a set of distances. Location has a very precise mathematical meaning, and from high school geometry through theoretical astrophysics, location precedes distance. Moreover, displacement (relative location) precedes distance as well. Nevertheless, "absolute location" - that is, the notion that the unive
  13. You missed the meaning of my statement, entirely. The meaning was: "location" cannot in an absolute sense be defined. The word has no meaning. The word certainly has meaning when describing the displacement of one entity with respect to another entity. They move with respect to other objects, whether or not anyone is looking. Likewise, they do not move with respect to absolute stillness, whether or not anyone is looking, because there is no such state as absolute stillness. Shape is a primary of sense-perception. Location with respect to oneself is also a primary of sense-perceptio
  14. Every object is at all locations, all the time. Because location is not absolute. You need to invoke reference frames in order to measure an object's position with respect to your own or with respect to another object's position. The same applies to velocity. You don't have to take my word for it. Feel free to attempt to discover your own absolute location or velocity (not your location or velocity with respect to the planet Earth, but with respect to the entirety of the universe). You may make use of anything you wish, including scientific instruments and scientific books. But you will nev
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