Pearson’s #correlation coefficient is the #test that measures the #statistical relationship between two continuous #variables. It is known as the best method of measuring the #association between variables because it is based on the #covariance #method. The PCC gives #information about the #magnitude of the correlation as well as the direction of the #relationship.

If the #coefficient value lies between ±0.50 & ±1, then it is said to be a #strong correlation.

If the #value lies between ±0.30 & ±0.49, then it is said to be a #medium correlation.

If the value #lies below +0.29, then it is said to be a #small correlation.

www.statisticssolutions.com/free-resources/directory-of-statistical-analyses/pearsons-correlation-coefficient

Potential future psy-op / social engineering / economic / #censorship event.

1. Faux #electromagnetic solar storm using mass media & other #information dissemination #systems & turning off electronic systems using IoT interconnectivity to simulate some effects.

2. Engineered false flag attack on #Internet #infrastructure using a #virus or electromagnetic #weaponry framed as a terrorist attack or otherwise framed as an attack by a #nation state.

One #purpose of this will be #covert harvesting & destruction of #data of economic #value & data that can be used to help illustrate or incriminate.

#psyop #socialengineering #solarstorm #massmedia #informationsystems #IoT #falseflag #terroristattack #dataharvesting

There’s Cash in Them Old Solar Panels

#greenhacks #glass #landfill #metals #modules #panels #recycling #silicon #solar #value #waste #hackaday
posted by pod_feeder_v2

For how the global economy needs biodiversity, look no further than your pint of beer

https://www.scmp.com/comment/opinion/article/3203562/how-global-economy-needs-biodiversity-look-no-further-your-pint-beer

#global #economy #biodiversity #video #environment #climatechange #economics #business #value #natural #resources #nature #plants #animals #conservation #ecosystems

#encouragement

#value

When you have to carry your own #water, you #understand the #value of every drop...

#Climate #Fracking #drought #pollution #plasticpollution #Health #DrinkingWater #conservation #agriculture #TomorrorIsTooLate #GlobalWarming #ClimateEmergency

i personally think, that there is no value in anything proprietary..

because a value that by design is only available to a few. is basically an anti value.
since it creates gaps and inequality between people.

strictly saying one could say a proprietary thing, is a value for/to inequality.

but i guess that is not what i associate with "value"

#value #mythought #propietary #freedom #floss #linux #apple #society #capitalism #patents #freeculture #copyleft

we've got crooks holding us down, we've had crooks holding us down. why are you still harking on marx (who'd not heed bakunin), when you berate those stuck on adam smith? come along with buckminster fuller. we've got crooks holding us down, we've had crooks holding us down. when 1 in 10,000 of us can innovate to care for all else, why pin all value on the labour and make everything harder and slaves of us all? come along with buckminster fuller. we've got spooks holding us down, we've had spooks holding us down. the youth of yesterdays and today are still right to reject the spurious notion we each have towork and toil to earn our right to life. 1 in 10,000. we've got crooks holding us down, we've had crooks holding us down. when we rise to say "we're not doing that anymore", we may reframe all our petty chores. when we see to educate ourselves and re-remember we may educate others, we may reframe all our petty chores. yet you may be listening from while still we've got crooks holding us down, while still we had crooks holding us down, reeling in suffering ignoramy or agony of knowing. join me in the agony of knowing, they know not what they do. we've got crooks holding us down, we've had crooks holding us down. no emancipation from hanging your worth on your toil. you are worth inately, to be and experience, to bare witness, to feel, and care, to be aware, to dare to dare, to be free and loving.

#pointsouttheinsanityofitall #adamsmith #marxism ##marx #bakunin #economics #buckminsterfuller #innovate #value #crooks #spooks #harder #slaves #theyouthoftoday #rise #listening #reremember #educate #emancipation #emancipationtechnology #cathartic #yearning #thinkwise #10000 #1in10000 #youth #holding #chores #pettychores #ignorance #bliss #agony #knowing #ifignoranceisblissgivemeagony #educateothers #toil #worth #free #inately #be #experience #witness #feel #care #aware #loving #dare :)

#digitspoems #digitslyrics #crif

how the modern fiat money system works - what causes inflation?

first of: “economics” is where “believe” and “science” meet.

Often it is not clear, what parts of economics is “real science” and what is “make believe”.

What is for sure: all “modern” monetary systems are FIAT systems,

this means, some entity (state or bank, usually “independent” bank of banks)

• prints an undefined amount of money (cash)
  • as much as it deems to achieve it’s goals
    • goals could be:
      • 0% unemployment
      • 2% inflation
      • reversal of climate change
      • peace & prosperity for all or just for the top 0.1%
      • what have you
• it loans/lends that cash to private banks
  • the private banks are (supposed) to lend to productive citizens, that actually give the money it’s value, by adding value to society
    • by designing, building, creating, (mass) production of clever, innovative products & services that help people
      • stay alive & healthy - clean water & food - healthcare
      • get to work or to visit someone - transport
      • communicate - phones, computers, wires that connect computers…

So ask yourself: What gives money it’s value?

As it has no intrinsic value (it is not gold and since the 70s the US-$ is (thanks to Nixon and the Vietnam war) not linked to gold anymore).

The German Mark after ww2 was one of the first FIAT systems, economists predicted it will never work.

But it worked, because Germans worked hard for that paper money, even if it can not be converted to Gold or Silver or “guaranteed amount of bushels of grain” or this or that product of scarcity (that in the terms of grain, actually provide some purpose).

So does printing more money cause inflation?

Sure it does.

Ask yourself: What does a bank produce?

Actually a bank produces only one thing: loans.

If it does not produce loans, it’s like a factory with no output (lost it’s purpose).

The question is: If the banks fail at their core task, can the state step in, and lend money to citizens that want to create those innovative products = jobs?

Also What is the best way to battle inflation?

Imho it would be:

• a actually working banking system that actually produces loans into the hands of innovative (entrepreneurship) citizens that want to add value
  • if the state does not want to take over that role, it needs to force banks to do their job properly

second best fix:

• increase the price for money
• aka increase the price for borrowing money (if something costs nothing it’s not worth anything?) aka increase central bank interest rates on that central bank money (Russia currently has 15.90% Inflation and a central bank interest rate of 9.50% (https://tradingeconomics.com/matrix)

Thatcher did that it was not pretty.

Buying and selling stocks or real estate, is not investment, it’s speculation (not adding value to society in any sense).

#money #alternative #systems #altcoopsys #alternatives #OsOfSociety #OperatingSystemsOfSociety #SystemPhilosophy #dinero #dollar #euro #yen #rubel #sustainability #resilience #complementary #complementarycurrency #cooperation #monetaryreform #financialreform #financialsystemreform #financialcrisis #mortagecrisis #debtcrisis #occupywallsreet #finance #moneysystem #financialsystem #economics #ecologicaleconomics #economy #capitalism #kapitalismus #system #central #bank #inflation #fita #currency #banks #loans #loan #credit #value #adding #democracy

Originally posted at: https://altcoopsys.org/2022/07/22/how-the-modern-fiat-money-system-works-what-causes-inflation/

Short poem by the victim of abuse. This particular victim tried many times to ask for help. In each time those pleas for help were ignored and the abuse continued.

---

Where Were You

by anon

Where were you?
Where were you when I was alone and defenceless?
Where were you when I was being abused?
Where were you when I called and asked you to help me when I was being abused?
Where were you?

Why didn't you answer?
Why didn't you help?
Why did you see me as valueless when you let me be hurt by my abuser?
Why didn't you help me?
Why?

Why when I asked for help did you throw me into the fire?
Why when I asked for help did you put me in the firing line of the one who was causing me pain?
Why when I asked for help did you consider me worthless and moved on?
Why?

I thought you were my friend.
I thought you would help me.
I thought I could trust you.
I thought, at last, I was valued.
I found out, in reality, I was worthless.

What's wrong with me...
What did I do wrong...

---

#abuse #abused #poem #victim #worthless #value #ignored #defenceless

The Economic Reform the World needs

Dear reader,

first, a disclaimer:

• only god & nobody is perfect
• humans are not god
• thus humans make mistakes, but if given the chance, humans can learn and improve to create “a better world”.
  • no man made product or construct or system will ever be perfect, but does that mean, we should have never left the cave in the first place? (no of course not)

The Economic Reform the World needs

Is a simple one, it can be put in one sentence, but to enact it, will require massive reforms:

“Value those, that add true value to society”

Let’s compare two examples:

• case a) a lady cleans a toilet
• case b) bank A sells house X to bank B

Which of the two cases add more value to society?

money wise case b) can create much more profit, but does it add value to society?

Given the fact, that a lot of houses are purposely left empty (not for rent), just to speculate on rising house prices? (a good example of the perversion that capitalism has become, if unchecked, by a smart, fast moving gov)

In this case, case a) does not only add more value to society, it also does not purposefully harm society as case b) does, by denying access to resources, people need to survive.

So pay those well, that ACTUALLY add value to society, and tax those high, that are malicious to society, and you have a nation that automatically creates value – in the true meaning of the word.

plus: go after the (financial) criminals

all those well-known tax heavens, need serious threats of boycott, if they don’t start changing their business model (Cuba style of trade embargoes).

• don’t allow financial crimes of the bast to become time-barred and financial criminals to get away with it
• don’t cut deals with the bank robbers “oh if you pay back 80% of what you stole, it’s okay”
• give the investigators the means they need, to identify the financial criminals

Failing to do so, will seriously damage the trust of the people in democracy.

the philanthropy bullshit: first extract, than give (some) back?

ok some philantrophy is better than no philantropy… but … look at this case:

Harvard’s “concept” of adding value to society:

“I think it’s important to remember where you came from.”

“Giving back is part of my core philosophy,” says Kim Wagner PhD ’94, who has given consistently to the Graduate School Fund for twenty years.”

“She came to the Graduate of Arts and Sciences (GSAS) for a doctorate in pharmacology, intending to go into academia.”

“Instead, she was inspired to take on the world of biopharmaceutical consulting.”

“I felt like an industry position was the best place for me to add value to society,” says Wagner, who spent the next twenty-five years at the Boston Consulting Group and McKinsey & Company.”

let me translate that:

• you went to Harvard
• studied hard to get good grades
• to then go on to a company that does lobby work for BigPharma (it is called “consulting”), meaning, trying to influence the law makers to make laws in favor of BigPharma, in order to EXTRACT a profit from society, while (maybe) curing some disease, maybe while causing more other disease (drug A helps against disease A, while having side effect B, drug B helps against side effect B, while causing side effect C an so on…)
• you profit from a corrupt and exploitative system
• then you donate some to whatever entity to feel better

• Here have to quote Bregman (again):

  • ### “the Rich are not paying their fair share” (Youtube)

  ### “how to prevent a broad social backlash – the answer is simple – stop talking about philanthropy and start talking about taxes avoidance – taxes – taxes – all the rest is bullshit” (Youtube)

Dear reader, if you are reading this blog post, and dedicated time and brain-resources (energy) thinking about the value of it’s content – if it makes sense or not – how to improve it – what is missing – you just contributed positively to society as well!

What would contribute even more positively: the information from which, action can be derived from.

#money #alternative #systems #altcoopsys #alternatives #OsOfSociety #OperatingSystemsOfSociety #SystemPhilosophy #dinero #dollar #euro #yen #rubel #sustainability #resilience #complementary #complementarycurrency #cooperation #monetaryreform #financialreform #financialsystemreform #financialcrisis #mortagecrisis #debtcrisis #occupywallsreet #finance #moneysystem #financialsystem #economics #ecologicaleconomics #economy #capitalism #kapitalismus #system #reform #lifeeconomy #positive #life #value #truth #philosophy

Originally posted at: https://altcoopsys.org/2022/04/30/the-economic-reform-the-world-needs/

The Economic Reform the World needs

Dear reader,

first, a disclaimer:

• only god & nobody is perfect
• humans are not god
• thus humans make mistakes, but if given the chance, humans can learn and improve to create “a better world”.
  • no man made product or construct or system will ever be perfect, but does that mean, we should have never left the cave in the first place? (no of course not)

The Economic Reform the World needs

Is a simple one, it can be put in one sentence, but to enact it, will require massive reforms:

“Value those, that add true value to society”

Let’s compare two examples:

• case a) a lady cleans a toilet
• case b) bank A sells house X to bank B

Which of the two cases add more value to society?

money wise case b) can create much more profit, but does it add value to society?

Given the fact, that a lot of houses are purposely left empty (not for rent), just to speculate on rising house prices? (a good example of the perversion that capitalism has become, if unchecked, by a smart, fast moving gov)

In this case, case a) does not only add more value to society, it also does not purposefully harm society as case b) does, by denying access to resources, people need to survive.

So pay those well, that ACTUALLY add value to society, and tax those high, that are malicious to society, and you have a nation that automatically creates value – in the true meaning of the word.

plus: go after the (financial) criminals

all those well-known tax heavens, need serious threats of boycott, if they don’t start changing their business model (Cuba style of trade embargoes).

• don’t allow financial crimes of the bast to become time-barred and financial criminals to get away with it
• don’t cut deals with the bank robbers “oh if you pay back 80% of what you stole, it’s okay”
• give the investigators the means they need, to identify the financial criminals

Failing to do so, will seriously damage the trust of the people in democracy.

the philanthropy bullshit: first extract, than give (some) back?

ok some philantrophy is better than no philantropy… but … look at this case:

Harvard’s “concept” of adding value to society:

“I think it’s important to remember where you came from.”

“Giving back is part of my core philosophy,” says Kim Wagner PhD ’94, who has given consistently to the Graduate School Fund for twenty years.”

“She came to the Graduate of Arts and Sciences (GSAS) for a doctorate in pharmacology, intending to go into academia.”

“Instead, she was inspired to take on the world of biopharmaceutical consulting.”

“I felt like an industry position was the best place for me to add value to society,” says Wagner, who spent the next twenty-five years at the Boston Consulting Group and McKinsey & Company.”

let me translate that:

• you went to Harvard
• studied hard to get good grades
• to then go on to a company that does lobby work for BigPharma (it is called “consulting”), meaning, trying to influence the law makers to make laws in favor of BigPharma, in order to EXTRACT a profit from society, while (maybe) curing some disease, maybe while causing more other disease (drug A helps against disease A, while having side effect B, drug B helps against side effect B, while causing side effect C an so on…)
• you profit from a corrupt and exploitative system
• then you donate some to whatever entity to feel better

• Here have to quote Bregman (again):

  • ### “the Rich are not paying their fair share” (Youtube)

  ### “how to prevent a broad social backlash – the answer is simple – stop talking about philanthropy and start talking about taxes avoidance – taxes – taxes – all the rest is bullshit” (Youtube)

#money #alternative #systems #altcoopsys #alternatives #OsOfSociety #OperatingSystemsOfSociety #SystemPhilosophy #dinero #dollar #euro #yen #rubel #sustainability #resilience #complementary #complementarycurrency #cooperation #monetaryreform #financialreform #financialsystemreform #financialcrisis #mortagecrisis #debtcrisis #occupywallsreet #finance #moneysystem #financialsystem #economics #ecologicaleconomics #economy #capitalism #kapitalismus #system #reform #lifeeconomy #positive #life #value #truth #philosophy

Originally posted at: https://altcoopsys.org/2022/04/30/the-economic-reform-the-world-needs/

Beware the #distraction #value to #Western #elites of the #Ukrainian situation. #Putin is very likely a member of the #unified #global #elite & his foray into #Ukraine, if indeed it's occurring at all, is very likely planned & has been launched now to move people's attention from the #Covid #crimes of Western elites, onto Putin.

Their #mandates forced #injections into 100s of millions, of which at least 1% died. Their genetically engineered #virus infected billions, of which at least 0.1% died. The percentages are small, but the numbers murdered are in the millions. The numbers injured, some with life-changing injuries, are in the 10s if not 100s of millions.

#vaccinemandates #vaccinedeaths #medicalmandates #vaccineinjuries #massmurder #humanrights #law #USA #UK

Ai Weiwei ~ Run for Our Rights

https://news.artnet.com/art-world/ai-weiwei-julian-assange-treadmill-2048228

#AiWeiwei says that any #threat to #JulianAssange is an attack on #press #freedom #globally. Without press freedom, there is no freedom of #expression, without which freedom and #democracy do not exist. This is the #value that we must #defend today.”
#RunForOurRights #treadmill #wikileaks #art #politics

Terry Pratchett, land economist

The city says: In exchange for that gold, you will have all these things. The city is the magician, the alchemist in reverse. It turns worthless gold into…everything.

How much is Ankh-Morpork worth? Add it all up! The buildings, the streets, the people, the skills, the art in the galleries, the guilds, the laws, the libraries…billions? No. No money would be enough. ...

https://www.paulbeard.org/wordpress/2021/10/13/terry-pratchett-land-economist/

#TerryPrachett #Value #LandValue #Cities #LandValueTax #PaulBeard

Water

'Once you #carry your own #water, you will learn the #value of every #drop.' #quote

Richard D. Wolff ~ Explaining 21st-Century Capitalism in a Way Everyone Can Understand

https://braveneweurope.com/richard-d-wolff-explaining-21st-century-capitalism-in-a-way-everyone-can-understand

' #Capitalism is just one particular way of—a #system for— #organizing the #production and #distribution of #goods and #services.'

#richardwolff #wolff #21st-century #economics #socioeconomic #workers #value #finance #inequality #wealth #self-expansion #profit #markets

Un empresario acusa a otro ante la justicia por sufrir de su parte “nothing more than an abusive power grab and a confiscation of the value creation by others”, y los empleados de ambas empresas siguen esperando el remate. «Lawmakers appeared sympathetic.», by Bloomberg.
https://www.bloomberg.com/news/newsletters/2021-08-16/app-store-law-would-be-a-direct-hit-on-apple-and-google
#amazon #apple #microsoft #spotify #google #alphabet #android #netflix #epic #ios #distros #os #so #tech #patronales #plusvalía #plusvalor #surplusvalue #value #capitalism

ProPublica's "The Secret IRS Files" and the difficulties of a wealth tax

I've seen a lot of discussion, little of it elucidating, and that from both supporters and negators of this work.

Among the few interesting observations is that unrealised wealth gains are difficult to assess (https://joindiaspora.com/posts/20937383#df8c1800ab2701399f60005056264835). This has objection has some merits, and I'd like to draw attention to it.

A tax basis should be:

• Equitable, assessed according to ability to pay.
• Certain, rather than arbitrary
• Convenien to pay
• Efficient to enact

I'm not just making these up, Adam Smith has discussion in Book V, Chapter 2, of his Wealth of Nations: https://en.wikisource.org/wiki/The_Wealth_of_Nations/Book_V/Chapter_2

Where income is at least in theory precisely denominated wealth appreciation is not transational, but is based on assumptions, notably:

• Of asset holdings themselves.
• Of the market value of those holdings.

Both are subject to uncertainty.

FIRE is Risk

For some time, I've come to view the "FIRE" sector of the economy --- finance, real estate, and insurance --- as having the common thread of risk. That is, each is based on the premise of assessing both the current market value and the associated uncertainty regarding that, of a portfolio --- debt and assets, real estate property holdings, insurance policies, respectively in each specific case. Whilst all economic activity embodies some degree of risk, it's in the FIRE sector that risk seems to be the principle, possibly only manageable component. Actors within the sector attempt risk management through diversification, information, modeling, prediction, outcomes management, expectations management, legislated liability or immunity, and direct management of both activities and entities engaged in the sector.

Notions of economic value are then inherently notions of risk. (Among numerous other confounding factors.)

The "but it's difficult to measure" argument has also been applied, for the record, to other forms of wealth accumulation common to high-net-worth (HNW) individuals, notably stock options. The response has been to note that such options clearly have some value, though the precise valuation may not be presently knowable. Because that value has a risk component.

The ... risk ... noted by the person raising this objection was that taxation of more assessible assets might result in a flight to even less readily assessed assets further compounding the problem.

Constructing a Wealth Tax

I see a few possible options here:

• Time-average asset value. If there's uncertainty in the present-year value of assets, use a rolling average (e.g., 2, 3, 5, .. , years) to asses value, and tax based on that. Future-weighting asset inflation might be discouraged by progressively taxing higher rates or quantities of appreciation --- better to realise tax on five years of 10% gains rather than a single year of 62% gains.
• Yes, asset deflation could then be applied toward tax credits. Similar logic would apply.
• Where a range of values is given, the tax basis is assessed at the high end of the range.
• Liquidity events trigger tax settlement, including arrearages, again at progressive rates. Keeping current and accurate is encouraged.
• Costs in computing taxable value and tax amount are assessed to the specific taxpayer in question, or institutions holding or facilitating such asset holding or transfers.
• A crude and old mechanism was for stamp taxes on assets of value. Implementing this in a modern age might prove difficult, but as an example , ancient Chinese paper money required stamp taxes to be recognised as legitimate, effectively a tax on holding paper wealth.
• There are a reasonably finite number of attractive asset shelters: real estate, stocks, bonds, derivatives, collectibles, and the like. Taxation of these, either in holding or transfer, increases carrying and exchange costs. Ultimately this should reduce the asset value of these investments, and return wealth to the common weal.

I'd very much like to see any substantive discussions of the strengths, weaknesses, pitfalls, and real-world behaviour of direct wealth taxation.

---

Previously

#TheSecretIRSFiles #IRSFiles #SecretIRSFiles #WealthTax #inequality #value #FireSector #risk #tax #taxes #inequality #ProPublica

#Money is a gross oversimplification of #value, but a very practical medium of exchange. This combination makes it a hazardous idea. It is ideally a neutral thing, but practically very easy to misuse discounting real value thereby often misguiding our actions.

Value is #future of #life. That cannot be modeled as a simple scalar.