People store energy. Wealth is a form of
stored energy within a person’s PEB. Most people have a multitude of
PEBs that overlap each other, but like amoebas, have “arms” that extend
into places that other PEBs do not, and there intersect with other
larger Sub-bubbles. Families form a combined Sub-bubble. Work is
another way energy bubbles combine. For some people, Labour is their
major social ontology, they have a strong Personal Labour Energy Bubble,
and are hence PLEBs.
Economics is a branch of Physics because Money is a form of Energy. Energy can be stored. A lot of energy is stored as rotational momentum in spinning particles and planets. Other energy is stored by being constantly in motion, for example in a series of chemical reactions that pass electrons and hence pass an electrical charge. When it happens in a lot of fibres at the same time, they physically shorten and our muscle moves our limb.
Energy is also stored as Wealth. Income is like currents of electricity, but is a flow of money. Wealth is stored money. The capacity to create this form of energy seems unlimited, as is the amount that can be stored. Like many things, it is the changes of wealth that attract attention, not the underlying size, which cannot be known directly. The way Wealth changes with time is Income. One is the Derivative of the other. Energy cannot be created or destroyed (except using Einstein’s formula in exchange for tiny amounts of mass for a lot of energy) but it can be exchanged, including the spooky Potential Energy that we give things when we expend energy (do work) to separate masses, such as lifting up an object.
It is possible to imagine money flowing around the world between people, and storing up in pools and eddies and “old money” being thicker and bluer. The Personal Energy Bubbles are more or less blue in colour depending on the “wealth” of the individual or social group. This change in colour stores energy. Income flows around between people, like a wave of blue colouration, and happens by the second as we earn (though we only get paid in bursts) and as we use up stored assets like the jar of vegemite. When people spend less than they earn, the difference is stored as wealth. Clearly, a person’s potential for creating wealth in this way is proportional to their wealth, so it is exponential.
If anyone understood any of this, please let me know. I thought it all up a few years ago, but this is the first time I have typed it into a string of characters. e-normus
Economics is a branch of Physics because Money is a form of Energy. Energy can be stored. A lot of energy is stored as rotational momentum in spinning particles and planets. Other energy is stored by being constantly in motion, for example in a series of chemical reactions that pass electrons and hence pass an electrical charge. When it happens in a lot of fibres at the same time, they physically shorten and our muscle moves our limb.
Energy is also stored as Wealth. Income is like currents of electricity, but is a flow of money. Wealth is stored money. The capacity to create this form of energy seems unlimited, as is the amount that can be stored. Like many things, it is the changes of wealth that attract attention, not the underlying size, which cannot be known directly. The way Wealth changes with time is Income. One is the Derivative of the other. Energy cannot be created or destroyed (except using Einstein’s formula in exchange for tiny amounts of mass for a lot of energy) but it can be exchanged, including the spooky Potential Energy that we give things when we expend energy (do work) to separate masses, such as lifting up an object.
It is possible to imagine money flowing around the world between people, and storing up in pools and eddies and “old money” being thicker and bluer. The Personal Energy Bubbles are more or less blue in colour depending on the “wealth” of the individual or social group. This change in colour stores energy. Income flows around between people, like a wave of blue colouration, and happens by the second as we earn (though we only get paid in bursts) and as we use up stored assets like the jar of vegemite. When people spend less than they earn, the difference is stored as wealth. Clearly, a person’s potential for creating wealth in this way is proportional to their wealth, so it is exponential.
If anyone understood any of this, please let me know. I thought it all up a few years ago, but this is the first time I have typed it into a string of characters. e-normus
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