Wimminz – celebrating skank ho's everywhere

December 30, 2017

Currency

Filed under: Wimminz — wimminz @ 3:45 pm

I have long stated that engineers look at the world differently to everyone else, and I should perhaps include the caveat that when I say engineer I mean engineer, not some dweeb with the word in the job title.

My “pet car mechanic” who does all my motor vehicle maintenance has owned and run such things as detomaso’s and prancing ponies, all old school stuff, he has no time for the new stuff, it just isn’t engineering to him.

Very very very few people are capable of understanding how a 500 buck bill from him doesn’t represent 500 bucks worth of work, it represents about 1,000 bucks worth of work and 4,000 bucks worth of experience, and he is very selective who he will take on as a customer.

Most people see a 500 buck bill from him, a 500 buck bill from a main dealer, probably better value than the 500 buck bill from him, and the option they go for, the shade tree guy with home depot tools and a sideline fixin’ motors and a 300 buck bill.

Currency is the same, sure, back in the day long before we were all born when “currency” = precious metal coins then currency had a utility, but nowadays currency, like the 2018 ferrari, like everything else in this world, is designed and created, and unless you are an engineer, you won’t understand what that means.

Because what it means is there will be a whole list of “utility” that a thing has to have in addition to the prime function, and it is *incredibly* rare to find a set of circumstances where it is not perfectly normal to expect and allow those additional utility features to eat into the alleged prime function.

Today we could create a currency based upon the kilowatt hour, or the megawatt hour, we’ll call it the “Megabuk”.

A gallon of diesel would set you back around 0.040 Megabuks or 4.0 megacents, it’s easy enough from there to expand it to anything and everything and price it in Megabuks.

There is only one problem, it works perfectly as a currency of exchange, the prime function, but when it comes to that secondary utility wish list, it basically doesn’t exist, because there is no way to game the system, if the energy content of the diesel drops to 38 kwh then it’s worth 3.8 megacents, the 40 kwh/gallon shit is still 4.0 megacents.

If it exists alongside any fiat currency then speculation will kill the fiat currency within 24 hours, because 40 megacents is still 100% equivalent to that gallon of 40 kwh diesel, who gives a shit what Shell Romania says it is worth in local yokel…

Which means that one of the fundamental design principles of EVERY fucking currency will be to include enough of those side utility list items, so that you can play games with the currency and make money by means other than physical production or investment in physical production.

I am as far from a city financial whizz as you can get, but to me it has always seemed that crypto was all side dishes and no main course… I just don’t fucking *get* it, yet I do get the whole idea of a mathematically exponentially limited thing, and a blockchain transaction thing, and I get the idea that if two people agree that buttons have value then those two people can trade in buttons, I just do not see the connection between that and currency.

To me it is no more than a common delusion, as indeed the current British pound Sterling is a common delusion, but GBP I can spend literally anywhere, so it has utility for that and that alone.

I have also always thought that money was talked about wrongly.

To an engineer a statement about watts, or a statement about joules, or a statement about watt/hours are all quite separate things.

It’s the same with money, 200 bucks is a meaningless number, but if you add a “velocity” to it and say 200 bucks a week you have a number that equates to something that a frugal guy with very limited outgoings can live on in the west, it may not be much of a life, but it does represent the potential for survival.

200,000 tied up in a house is therefore a meaningless number, but 2,000 tied up in a hot dog stand that can earn you 150 bucks a day gross and 50 bucks a day nett is not a meaningless number.

A 50 kw battery is meaningless, so is a 50 kwh battery, but a 50kwh battery with 1C 10 hour charge / discharge at 90% efficiency and 5,000 cycles before losing 25% of capacity is not a meaningless number…

All modern fiat currencies are literally, to an engineer type brain, meaningless, 15 bucks an hour minimum wage is meaningless, so all arguments for or against it are meaningless, it is just numbers that are expressly designed to be sold on the main course, but to be gamed on the side dishes, and the side dishes are never mentioned, except in tiny 2 point text in light grey on a white background.

The people who came up with the menu in the first fucking place designed it that way, so it stands to reason that the main course is the bait and switch hook, only a fucking idiot looks at the magician’s left hand etc.

My small business lives and dies not by how much money is in the bank, (what the stock is worth if we had such a thing and were IPO’d) but by how much money comes in and goes out every week, the velocity of money through the business is the only metric that means anything, because it means all those side dishes are also passing through my hand just like a game of pass the parcel, so my exposure is limited and transitory.

If I take on an employee I only care about one thing, the amount of EXTRA money coming in MINUS what it costs me to employ them, it’s not MY fault YOUR business model starts off with you doing fuck all being a manager and having a company mercedes, and then needing three employees to man the shop to hopefully generate enough extra income to support your dead weight, so 10/12/15 bucks an hour minimum wage is neither here nor there.

There either is a job going, or there isn’t, and the ONLY person who can POSSIBLY persuade me to say that there is is the potential employee…. can I make a profit out of you bitch? because if not, what the fuck are you doing here asking for a job?

And making a profit out of you is something that can only be determined by looking at the velocity of money.

1,000 bucks a week turnover if I am trading 40 hours a week is 25 bucks an hour.

You want 12, it will cost me an extra 10 to employ and train you, that brings us up to 22, I want a 8 to make it worth my while, so you need to cause the velocity of money through my business to increase by 30 bucks an hour from the current 25 to 55.

It’s the same as adding an extra load to a power source, unless you increase the power source the source depletes faster.

Having 50k in the business bank account and employing you increasing the velocity from 25 bucks an hour to 50 isn’t worthwhile… but if you only look at the main course you’ll think you’re fat and can afford it easy.

If you look at the side dishes you see 3 bucks an hour at best while the music keeps playing, and an extra set of parcels that you will end up holding every time the fucking music stops, now it’s no longer MY fat to live off in the company bank account, now it’s a trough for all the employees.

https://www.theguardian.com/lifeandstyle/wordofmouth/2013/may/08/restaurant-menu-psychology-tricks-order-more

It’s all psychology and marketing, from the very concept of “currency” on up.

3 Comments

  1. Talking about psikolgy&marketending .. looks like EVERY SINGLE german cop was on duty this night, if the reports are true.

    They managed to contain the Taharush mobs and only “a couple” of rapes of the usual retarded cunts happened, by the usual suspects of course.

    Ya think I´m sounding a bit disappointed?
    That´s because I am.
    ANOTHER fucking NYE under siege and already the Lügenpresse is hollering how great everything still is.
    And the sheeple CUNTS eat it up.

    How do I know (((their))) marketing works?
    THERE STILL ARE WOMYNZ out partying on NYE, granted a whole lot LESS and the ones that were out were VERY weary.
    Still, the marketing worked again.

    “As long as I am not raped EVERYTHING is A-OK and only an evil NAHTZIIIEEE disagrees!”, average German (male&) female´s psychology.

    Comment by hans — January 1, 2018 @ 1:12 pm

    • Duh Jooz are certainly having their revenge (again) on Deutschland… you don’t have to dig very far into the political perma-frost to see ’tis they behind these suicidal immigration policies.

      As for crypto-currency, I’m ramping up my brain-pan… as soon as I’m convinced another Mt. Gox fiasco can’t happen, I’ll be vested/invested… ironically, it looks like da Russkies currently have the cleanest casino going with Ethereum…

      Comment by DGAF in Miami — January 2, 2018 @ 12:05 am

      • Then buy yesterday. Mt. Gox was some shitty magic-the-gathering site that got greedy.
        Nobody can take away the funds in YOUR wallet, if you leave it on the trading site it´s your problem though.
        Just like everywhere else.

        Ah and the truth is again slowly filtering out again.
        This was ze German NYE..

        Pretty much all the wimminz have fled, yet earlier this year had no problem voting for the bastards protecting this scum.

        Boy when this shit ends, these cunts will be in deep SHIAT NO MATTER WHO WINS.
        For CENTURIES TO COME.

        Comment by hans — January 2, 2018 @ 10:13 am


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