Currency Best Quotes

Beauty in its best form is kindness, the most valuable currency in the world.

This is the currency of friendship, traded over years and miles, and I hope it's an even exchange someday. For now, I do what all best friends do when there's nothing left to say. We lie together in all the darkness, shoulder to shoulder, and wait for the worst to be over.

If you are trying to decide among a few people to fill a position hire the best writer. it doesn't matter if the person is marketer, salesperson, designer, programmer, or whatever, their writing skills will pay off. That's because being a good writer is about more than writing clear writing. Clear writing is a sign of clear thinking. great writers know how to communicate. they make things easy to understand. they can put themselves in someone else's shoes. they know what to omit. And those are qualities you want in any candidate. Writing is making a comeback all over our society... Writing is today's currency for good ideas.

Beauty' is a currency system like the gold standard. Like any economy, it is determined by politics, and in the modern age in the West is is the last, best belief system that keeps male dominance intact.

The best way to easily identify a counterfeit currency is to have a full exposure to the original currency. If you don't know your true vision, any satanic vision can cross your way and you might not know it.

Allan Dulles said it best: "Any intelligence service worth its salt can make the other fellow's currency." In other words, every nation needs to have its own airtight security measures, while at the same time be actively working in secret to reverse engineer those of the enemy faster than they can invent them.

What more do they want? She asks this seriously, as if there's a real conversion factor between information and lives. Well, strange to say, there is. Written down in the Manual, on file at the War Department. Don't forget the real business of the War is buying and selling. The murdering and violence are self-policing, and can be entrusted to non-professionals. The mass nature of wartime death is useful in many ways. It serves as a spectacle, as a diversion from the real movements of the War. It provides raw material to be recorded into History, so that children may be taught History as sequences of violence, battle after battle, and be more prepared for the adult world. Best of all, mass death's a stimulus to just ordinary folks, little fellows, to try 'n' grab a piece of that Pie while they're still here to gobble it up. The true war is a celebration of markets. Organic markets, carefully styled "black" by the professionals, spring up everywhere. Scrip, Sterling, Reichsmarks, continue to move, severe as classical ballet, inside their antiseptic marble chambers. But out here, down here among the people, the truer currencies come into being. So, Jews are negotiable. Every bit as negotiable as cigarettes, cunt, or Hersey bars.

Lenin is said to have declared that the best way to destroy the capitalist system was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method they not only confiscate, but they confiscate arbitrarily; and, while the process impoverishes many, it actually enriches some. The sight of this arbitrary rearrangement of riches strikes not only at security but [also] at confidence in the equity of the existing distribution of wealth. Those to whom the system brings windfalls, beyond their deserts and even beyond their expectations or desires, become "profiteers," who are the object of the hatred of the bourgeoisie, whom the inflationism has impoverished, not less than of the proletariat. As the inflation proceeds and the real value of the currency fluctuates wildly from month to month, all permanent relations between debtors and creditors, which form the ultimate foundation of capitalism, become so utterly disordered as to be almost meaningless; and the process of wealth-getting degenerates into a gamble and a lottery. Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose.

Treat others with respect and you will always be wealthy, because your community is your real currency.

Lenin is said to have declared that the best way to destroy the Capitalist System was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method they not only confiscate, but they confiscate arbitrarily; and, while the process impoverishes many, it actually enriches some.

Beauty” is a currency system like the gold standard. Like any economy, it is determined by politics, and in the modern age in the West it is the last, best belief system that keeps male dominance intact. In assigning value to women in a vertical hierarchy according to a culturally imposed physical standard, it is an expression of power relations in which women must unnaturally compete for resources that men have appropriated for themselves.

Printing currency for foreigners to buy is the best racket a government can get into.

Even the best national currency of the postwar period, the German mark, lost 71 percent of its value from January 1, 1949, through the end of June 1995. In the same period, the U.S. dollar lost 84 percent of its value.9 This inflation had the same effect as a tax on all who hold the currency.

Fakery is a vital currency in our social intercourse. That’s not necessarily all bad. A lot of the time we pretend as a way of fortifying or easing connections. When we feign recognition, for example, or delight in seeing someone, or gladness to go out of our way, these are acts of goodwill. At best, pretense can be a form of kindness.

The real currency of your life is effort, best measured in the extra time you put in.

A good writer reveals beauty in the mundane and truth in tragedy. Words are a tool; a currency of the mind, and the best writers weave passages into our hearts that our bones remember.

When I worked as a concierge, I loved getting a pat on the back from a guest, because it's like a tip, only better, because it doesn't devalue like fiat currency, and it will buy me food at the store. Oh yes, shared body language is the best facilitator of trade, and here on my duck farm I accept high-fives for eggs.

His voice grew more remote. She wondered if he was calling from his condominium, where he’d lost his best friend, or from Avalon, where he’d lost himself. “I like you, Billie. You’re a nice person. Good company. But tonight was a mistake.” She flung an arm over her eyes and swallowed the lump of tears that had lodged in her throat. “Oh? Which part? The part where you introduced me to your family and exposed yourself as coming from a perfectly average, wholesome background? Or the part where you touched me and turned me inside-out while swaying in a hammock in the rich, beautiful woods—one of the most searing sexual experiences of my life? Which part do you regret, Adrian?” “All of it. I can’t have those things with you. You know what I am.” “Yes, Adrian, I know what you are. A gentle man. A likable one. Smart. Cultured. Sexy. I know what you are.” “But the other part—” “What about the other part? You hide behind the other part.” She yanked the pillow out from beneath her head and winged it across the bedroom, furious suddenly. “Did you call to tell me I’m not going to see you anymore? Because if that’s the case, hurry up and say it. Then hang up and go back to work, and don’t worry one bit about me. I’ve been on my own a long time, and I’m tougher than you think. I won’t cling to any man who’d rather be a-a—” She stumbled, bit back the ugly words rushing to her lips. “A what?” he countered softly. “A whore? A gigolo? Go ahead and say it, Billie. If you’re going to waste your time caring about me, then you’d better get used to the idea, because I can’t change. I won’t. Not for you or anyone.” She bit back a sound of pure derision. “How about for you? Think you could walk the straight and narrow for yourself?” He didn’t reply. He didn’t have to. Billie already knew the answer. “You’re afraid.” She sat up among the sheets as cold realization washed through her. “Afraid to live without women clambering to pay top dollar for you. All that money…it’s a measure of your value, right? It’s your self-esteem. What would happen if you were paid in love instead of cash? Would the world end? My God, Adrian. You’re running scared.” The half-whispered accusation seemed to permeate his impassivity. “I was fine before you.” His voice came low and furious. Finally, finally. True emotion. “Damn it, Billie. I want my life back.” “Then hang up and don’t call me again, because I’m not going to pay you for sex, Adrian. What I offer is a worthless currency in your world.

Short stories are the loose change in the treasury of fiction, easily ignored beside the wealth of novels available, an over-valued currency that often turns out to be counterfeit. At its best, in Borges, Ray Bradbury and Edgar Allan Poe, the short story is coined from precious metal, a glint of gold that will glow for ever in the deep purse of your imagination.

Over the years I have read many, many books about the future, my ‘we’re all doomed’ books, as Connie liked to call them. ‘All the books you read are either about how grim the past was or how gruesome the future will be. It might not be that way, Douglas. Things might turn out all right.’ But these were well-researched, plausible studies, their conclusions highly persuasive, and I could become quite voluble on the subject. Take, for instance, the fate of the middle-class, into which Albie and I were born and to which Connie now belongs, albeit with some protest. In book after book I read that the middle-class are doomed. Globalisation and technology have already cut a swathe through previously secure professions, and 3D printing technology will soon wipe out the last of the manufacturing industries. The internet won’t replace those jobs, and what place for the middle-classes if twelve people can run a giant corporation? I’m no communist firebrand, but even the most rabid free-marketeer would concede that market-forces capitalism, instead of spreading wealth and security throughout the population, has grotesquely magnified the gulf between rich and poor, forcing a global workforce into dangerous, unregulated, insecure low-paid labour while rewarding only a tiny elite of businessmen and technocrats. So-called ‘secure’ professions seem less and less so; first it was the miners and the ship- and steel-workers, soon it will be the bank clerks, the librarians, the teachers, the shop-owners, the supermarket check-out staff. The scientists might survive if it’s the right type of science, but where do all the taxi-drivers in the world go when the taxis drive themselves? How do they feed their children or heat their homes and what happens when frustration turns to anger? Throw in terrorism, the seemingly insoluble problem of religious fundamentalism, the rise of the extreme right-wing, under-employed youth and the under-pensioned elderly, fragile and corrupt banking systems, the inadequacy of the health and care systems to cope with vast numbers of the sick and old, the environmental repercussions of unprecedented factory-farming, the battle for finite resources of food, water, gas and oil, the changing course of the Gulf Stream, destruction of the biosphere and the statistical probability of a global pandemic, and there really is no reason why anyone should sleep soundly ever again. By the time Albie is my age I will be long gone, or, best-case scenario, barricaded into my living module with enough rations to see out my days. But outside, I imagine vast, unregulated factories where workers count themselves lucky to toil through eighteen-hour days for less than a living wage before pulling on their gas masks to fight their way through the unemployed masses who are bartering with the mutated chickens and old tin-cans that they use for currency, those lucky workers returning to tiny, overcrowded shacks in a vast megalopolis where a tree is never seen, the air is thick with police drones, where car-bomb explosions, typhoons and freak hailstorms are so commonplace as to barely be remarked upon. Meanwhile, in literally gilded towers miles above the carcinogenic smog, the privileged 1 per cent of businessmen, celebrities and entrepreneurs look down through bullet-proof windows, accept cocktails in strange glasses from the robot waiters hovering nearby and laugh their tinkling laughs and somewhere, down there in that hellish, stewing mess of violence, poverty and desperation, is my son, Albie Petersen, a wandering minstrel with his guitar and his keen interest in photography, still refusing to wear a decent coat.

Bitcoin can be best understood as distributed software that allows for transfer of value using a currency protected from unexpected inflation without relying on trusted third parties. In other words, Bitcoin automates the functions of a modern central bank and makes them predictable and virtually immutable by programming them into code decentralized among thousands of network members, none of whom can alter the code without the consent of the rest.

None of this is true. “Beauty” is a currency system like the gold standard. Like any economy, it is determined by politics, and in the modern age in the West it is the last, best belief system that keeps male dominance intact. In assigning value to women in a vertical hierarchy according to a culturally imposed physical standard, it is an expression of power relations in which women must unnaturally compete for resources that men have appropriated for themselves.

Mithradates’ own handsome coins featured his idealized portrait—looking very much like his hero Alexander, with parted lips and luxuriant hair. Imagery evoking Mithradates’ Persian connections appeared on the reverse, such as winged Pegasus and the star and crescent. Other coins displayed Dionysus the Liberator (associating him with opposition to Rome by slaves and rebels in Italy). Mithradates made sure his portrait was known to everyone. He employed the best Greek artisans, and he understood the propaganda value of aesthetically pleasing currency. His coinage conveyed the message that Mithradates was the great unifier—and protector—of Greek and Persian civilizations. Knowing that his unsurpassed coins would be admired, collected, and selected for hoards of buried treasure, Mithradates also designed them for posterity. Indeed, Mithradates’ portrait coins are considered by numismatic experts to be the most beautiful of all ancient coins.

When girl best friends communicate with each other, they lean in, maintain eye contact, and do a lot of talking. They use their sophisticated verbal talents to cement their relationships. Boys never do this. They rarely face each other directly, preferring either parallel or oblique angles. They make little eye contact, their gaze always casting about the room. They do not use verbal information to cement their relationships. Instead, commotion seems to be the central currency of a little boy’s social economy. Doing things physically together

Bitcoin can be best understood as distributed software that allows for transfer of value using a currency protected from unexpected inflation without relying on trusted third parties. In other words, Bitcoin automates the functions of a modern central bank and makes them predictable and virtually immutable by programming them into code decentralized among thousands of network members, none of whom can alter the code without the consent of the rest. This makes Bitcoin the first demonstrably reliable operational example of digital cash and digital hard money.

1. Choose to love each other even in those moments when you struggle to like each other. Love is a commitment, not a feeling. 2. Always answer the phone when your husband/wife is calling and, when possible, try to keep your phone off when you’re together with your spouse. 3. Make time together a priority. Budget for a consistent date night. Time is the currency of relationships, so consistently invest time in your marriage. 4. Surround yourself with friends who will strengthen your marriage, and remove yourself from people who may tempt you to compromise your character. 5. Make laughter the soundtrack of your marriage. Share moments of joy, and even in the hard times find reasons to laugh. 6. In every argument, remember that there won’t be a winner and a loser. You are partners in everything, so you’ll either win together or lose together. Work together to find a solution. 7. Remember that a strong marriage rarely has two strong people at the same time. It’s usually a husband and wife taking turns being strong for each other in the moments when the other feels weak. 8. Prioritize what happens in the bedroom. It takes more than sex to build a strong marriage, but it’s nearly impossible to build a strong marriage without it. 9. Remember that marriage isn’t 50–50; divorce is 50–50. Marriage has to be 100–100. It’s not splitting everything in half but both partners giving everything they’ve got. 10. Give your best to each other, not your leftovers after you’ve given your best to everyone else. 11. Learn from other people, but don’t feel the need to compare your life or your marriage to anyone else’s. God’s plan for your life is masterfully unique. 12. Don’t put your marriage on hold while you’re raising your kids, or else you’ll end up with an empty nest and an empty marriage. 13. Never keep secrets from each other. Secrecy is the enemy of intimacy. 14. Never lie to each other. Lies break trust, and trust is the foundation of a strong marriage. 15. When you’ve made a mistake, admit it and humbly seek forgiveness. You should be quick to say, “I was wrong. I’m sorry. Please forgive me.” 16. When your husband/wife breaks your trust, give them your forgiveness instantly, which will promote healing and create the opportunity for trust to be rebuilt. You should be quick to say, “I love you. I forgive you. Let’s move forward.” 17. Be patient with each other. Your spouse is always more important than your schedule. 18. Model the kind of marriage that will make your sons want to grow up to be good husbands and your daughters want to grow up to be good wives. 19. Be your spouse’s biggest encourager, not his/her biggest critic. Be the one who wipes away your spouse’s tears, not the one who causes them. 20. Never talk badly about your spouse to other people or vent about them online. Protect your spouse at all times and in all places. 21. Always wear your wedding ring. It will remind you that you’re always connected to your spouse, and it will remind the rest of the world that you’re off limits. 22. Connect with a community of faith. A good church can make a world of difference in your marriage and family. 23. Pray together. Every marriage is stronger with God in the middle of it. 24. When you have to choose between saying nothing or saying something mean to your spouse, say nothing every time. 25. Never consider divorce as an option. Remember that a perfect marriage is just two imperfect people who refuse to give up on each other. FINAL

For some years, Trieste was a murky exchange for the commodities most coveted in the deprived societies of Hungary, Czechoslovakia, Bulgaria, Romania and Yugoslavia. Jeans, for example, were then almost a currency of their own, so terrific was the demand on the other side of the line, and the trestle tables of the Ponterosso market groaned with blue denims of dubious origin ("Jeans Best for Hammering, Pressing and Screwing", said a label I noted on one pair). There was a thriving traffic in everything profitably resellable, smuggleable or black-marketable - currencies, stamps, electronics, gold. Not far from the Ponterosso market was Darwil's, a five-storey jewellers' shop famous among gold speculators throughout central Europe. Dazzling were its lights, deafening was its rock music, and through its blinding salons clutches of thick-set conspiratorial men muttered and wandered, inspecting lockets through eye-glasses, stashing away watches in suitcases, or coldly watching the weighing of gold chains in infinitesimal scales.

Sadly, however, it is not serious historians who, for the most part, form the historical consciousness of their times; it is bad popular historians, generally speaking, and the historical hearsay they repeat or invent, and the myths they perpetuate and simplifications they promote, that tend to determine how most of us view the past. However assiduously the diligent, painstakingly precise academical drudge may labor at his or her meticulously researched and exhaustively documented tomes, nothing he or she produces will enjoy a fraction of the currency of any of the casually composed (though sometimes lavishly illustrated) squibs heaped on the front tables of chain bookstores or clinging to the middle rungs of best-seller lists. For everyone whose picture of the Middle Ages is shaped by the dry, exact, quietly illuminating books produced by those pale dutiful pedants who squander the golden meridians of their lives prowling in the shadows of library stacks or weakening their eyes by poring over pages of barely legible Carolingian minuscule, a few hundred will be convinced by what they read in, say, William Manchester’s dreadful, vulgar, and almost systematically erroneous A World Lit Only by Fire. After all, few have the time or the need to sift through academic journals and monographs and tedious disquisitions on abstruse topics trying to separate the gold from the dross. And so, naturally, among the broadly educated and the broadly uneducated alike, it is the simple picture that tends to prevail, though in varying shades and intensities of color, as with any image often and cheaply reproduced.

I want to begin my fight for the future of our world with the sharing of a vision. Everyone has, or should have, a vision. This is mine. It is a simple vision, really. It begins with the creation of a single, sane, planetary civilization. That will have to be very much like a utopia. People will deny the possibility of such a dream. They will say that people have always been at each other's throats, that this is just human nature, the way of the world. That we can never change the world. But that is just silly. That is like saying that two battling brothers, children, will never grow up to be the best of friends who watch each other’s backs. Once, a long time ago, people lost their sons and daughters to the claws of big cats. In classic times, the Greeks and the Romans saw slavery as evil, but as a necessary evil that could never go away. Only seventy years ago, Germany and France came to death blows in the greatest war in history; now they share a common currency, open borders, and a stake in the future of Europe. The Scandinavians once terrorized the world as marauding Vikings gripping bloody axes and swords, while now their descendents refrain from spanking their children, and big blond–haired men turn their hands to the care of babies. We all have a sense of what this new civilization must look like: No war. No hunger. No want. No very wealthy using their money to manipulate laws and lawmakers so that they become ever more wealthy while they cast the poor into the gutters like garbage. The wasteland made green again. Oceans once more teeming with life. The human heart finally healed. A new story that we tell ourselves about ourselves and new songs that we sing to our children. The vast resources once mobilized for war and economic supremacy now poured into a true science of survival and technologies of the soul. I want this to be. But how can it be? How will we get from a world on the brink of destruction to this glorious, golden future? I do not know. It is not for any one person to know, for to create the earth anew we will need to call upon the collective genius and the good will of the entire human race. We will need all our knowledge of history, anthropology, religion, and science, and much else. We will need a deep, deep sympathy for human nature, in both its terrible and angelic aspects.

Connect with the culture. Set up your own quest for the best mosque, kebab, or Turkish coffee. Be open to unexpected experiences. Slow down and enjoy the hospitality of the Turkish people. Ask questions—most locals are eager to point you in their idea of the right direction. Keep a notepad in your pocket for organizing your thoughts. Wear your money belt, get used to the local currency, and learn how to estimate prices in dollars. Those who expect to travel smart, do.

The best way to destroy the capitalist system is to debauch the currency.46 —VLADIMIR LENIN

The Euro had unified Europe with a common currency. Many hoped the Americas would follow suit with a North American Union adopting the Amero. The Middle East Free Trade Area, the African Union, and various Middle East peace processes had also acted as major milestones toward establishing policies supporting world government. Peace was at its crux. It all sounded well and good until one thought about individual rights. The elite would rule the poor and dumb, deciding on how they best should live their lives. Contrarily, Christ Jesus had come to save the poor and outcast. “Come unto me and I will give you rest,” he’d said. “My peace I give you.” Peter realized he was among the minority who still believed the Bible was the infallible Word of God, that Jesus was the Life, the Truth, the only Way to Heaven. Self-made preachers and so-called prophets took bits and pieces of the Gospels to implement their ministries. God must be very unhappy with mankind.

So what should you do, right now then? Well you should start by listening to George Bernard Shaw who said that, “all progress depends on the unreasonable man.” Graduation gives you the courage to be unreasonable. Don’t bother to have a plan. Instead let’s have some luck. Success is really about being ready for the good opportunities that come before you. It’s not to have a detailed plan about everything you’re going to do, you can’t plan innovation or inspiration, but you can be ready for it. And when you see it, you can jump on it and you can make a difference, as many of the people here have already done. Leadership and personality matters a lot. Intelligence, education, and analytical reasoning matter. Trust matters. In the network world, trust is the most important currency. Which brings me to my final question. What is, in fact, the meaning of life? And in a world where everything is remembered and everything is kept forever–the world you are in–you need to live for the future and the things you really care about. And what are those things? Well in order to know that, I hate to say it, but you’re going to have to turn off your computer. You’re actually going to have to turn off your phone and discover all that is human around us. You’ll find that people really are the same all around the world. They really do care about the same things. You’ll find that the resilience of a human being and the human spirit is amazing. You’ll find today that the best chance you will ever have is right now, to start being unreasonable. You’ll find that a mind set in its way is a life wasted–don’t do it.

Early twentieth-century English writers Hilaire Belloc and G. K. Chesterton—and, later, a young Marshall McLuhan—saw in distributism a definitive answer to the failures of both capitalism and state socialism.6, 7, 8 They looked to that same brief moment in the late Middle Ages we’ve been exploring, when the market was in ascendance and former peasants were making and trading things, as the best example of the ideal economic system. Wealth was relatively widely dispersed, and people had a great deal of control over their livelihoods. They had access to the commons, to a low-cost marketplace, and to their own currencies and credit systems. Craftspeople belonged to trade guilds that both bounded their investment of labor and allowed for the advancement of skills to successive generations. The former peasants of this period became so collectively wealthy that they used their surplus profits to build cathedrals and municipal projects as investments in the future. The centralization of power by the aristocracy and the great Renaissance that followed, according to all three popes, were less a pinnacle of human achievement than an undeserved celebration of dehumanizing technologies, economic injustice, colonial slavery, and an increasingly mechanized approach to life. In distributism, they saw a way to bring back what had been forcibly left behind by the industrial age and the rise of Protestant values that were, not coincidentally, much more directed toward personal achievement, individual wealth, and progress. But

I would add that I am not persuaded that international funds are a necessary component of an investor’s portfolio. Foreign funds may reduce a portfolio’s volatility, but their economic and currency risks may reduce returns by a still larger amount. The idea that a theoretically optimal portfolio must hold each geographical component at its market weight simply pushes me further than I would dream of being pushed. (I explore the pros and cons of global investing in Chapter 8.) My best judgment is that international holdings should comprise 20 percent of equities at a maximum, and that a zero weight is fully acceptable in most portfolios.

I once had a foreign exchange trader who worked for me who was an unabashed chartist. He truly believed that all the information you needed was reflected in the past history of a currency. Now it's true there can be less to consider in trading currencies than individual equities, since at least for developed country currencies it's typically not necessary to pore over their financial statements every quarter. And in my experience, currencies do exhibit sustainable trends more reliably than, say, bonds or commodities. Imbalances caused by, for example, interest rate differentials that favor one currency over another (by making it more profitable to invest in the higher-yielding one) can persist for years. Of course, another appeal of charting can be that it provides a convenient excuse to avoid having to analyze financial statements or other fundamental data. Technical analysts take their work seriously and apply themselves to it diligently, but it's also possible for a part-time technician to do his market analysis in ten minutes over coffee and a bagel. This can create the false illusion of being a very efficient worker. The FX trader I mentioned was quite happy to engage in an experiment whereby he did the trades recommended by our in-house market technician. Both shared the same commitment to charts as an under-appreciated path to market success, a belief clearly at odds with the in-house technician's avoidance of trading any actual positions so as to provide empirical proof of his insights with trading profits. When challenged, he invariably countered that managing trading positions would challenge his objectivity, as if holding a losing position would induce him to continue recommending it in spite of the chart's contrary insight. But then, why hold a losing position if it's not what the chart said? I always found debating such tortured logic a brief but entertaining use of time when lining up to get lunch in the trader's cafeteria. To the surprise of my FX trader if not to me, the technical analysis trading account was unprofitable. In explaining the result, my Kool-Aid drinking trader even accepted partial responsibility for at times misinterpreting the very information he was analyzing. It was along the lines of that he ought to have recognized the type of pattern that was evolving but stupidly interpreted the wrong shape. It was almost as if the results were not the result of the faulty religion but of the less than completely faithful practice of one of its adherents. So what use to a profit-oriented trading room is a fully committed chartist who can't be trusted even to follow the charts? At this stage I must confess that we had found ourselves in this position as a last-ditch effort on my part to salvage some profitability out of a trader I'd hired who had to this point been consistently losing money. His own market views expressed in the form of trading positions had been singularly unprofitable, so all that remained was to see how he did with somebody else's views. The experiment wasn't just intended to provide a “live ammunition” record of our in-house technician's market insights, it was my last best effort to prove that my recent hiring decision hadn't been a bad one. Sadly, his failure confirmed my earlier one and I had to fire him. All was not lost though, because he was able to transfer his unsuccessful experience as a proprietary trader into a new business advising clients on their hedge fund investments.

Among primitive peoples we often find that closely connected groups living under exactly similar conditions develop sharply differentiated fashions, by means of which each group establishes uniformity within, as well as difference without the prescribed set. On the other hand, there exists a wide-spread predilection for importing fashions from without, and such foreign fashions assume a greater value within the circle, simply because they did not originate there. [...] Because of their external origin, these imported fashions create a special and significant form of socialization, which arises through mutual relation to a point without the circle. It sometimes appears as though social elements, just like the axes of vision, converge best at a point that is not too near. The currency, or more precisely the medium of exchange among primitive races, often consists of objects that are brought in from without. [...] Paris modes are frequently created with the sole intention of setting a fashion elsewhere. This motive of foreignness, which fashion employs in its socializing endeavors, is restricted to higher civilization, because novelty, which foreign origin guarantees in extreme form, is often regarded by primitive races as an evil. [...] The savage is afraid of strange appearances; the difficulties and dangers that beset his career cause him to scent danger in anything new which he does not understand and which he cannot assign to a familiar category. Civilization, however, transforms this affectation into its very opposite. Whatever is exceptional, bizarre, or conspicuous, or whatever departs from the customary norm, exercises a peculiar charm upon the man of culture, entirely independent of its material justification. The removal of the feelings of insecurity with reference to all things new was accomplished by the progress of civilization.

To demonstrate C leadership is to give the A not simply what they asked for, but what they never dreamed possible. To do this the C must first of all deal in the functional currency of the job spec, then in the emotional checks of the A’s well-being, and finally in the treasure of game-changing counsel.

economy, the priority of the Depression era.55 Imagine, then, if a demurrage-bearing currency could be designed so that, instead of boosting consumption today, it boosted regenerative investments in tomorrow. It would transform the landscape of financial expectations: in essence, the search for gain would be replaced by the search to maintain value. And one of the best ways to preserve the long-term value of stored wealth would be to invest it in long-term regenerative activity such as a reforestation scheme.

The fervour accompanying these events may be deceptive. If it expresses nothing more than the zeal with which the countries of the East are casting aside the bonds of ideology, or if it is a mimetic fervour - a tribute, as it were, to those liberal countries where all liberty has already been traded in for a technically easy life - then we shall have found out definitively what freedom is worth, and that it is probably never to be discovered a second time. History offers no second helpings. On the other hand, it could be that the present thaw in the East may be as disastrous in the long term as the excess of carbon dioxide in the upper atmosphere, that it may bring about a political greenhouse effect, and so overheat human relations on the planet that the melting of the Communist ice-sheet will cause Western seaboards to be submerged. Odd that we should be in such absolute fear of the melting of the polar ice, and look upon it as a climatic catastrophe, while we aspire with every democratic bone in our bodies to the occurrence of just such an event on the political plane. If in the old days the USSR had released its gold reserves onto the world market, that market would have been completely destabilized. Today, by putting back into circulation their vast accumulated store of freedom, the Eastern countries could quite easily destabilize that very fragile balance of Western values which strives to ensure that freedom no longer emerges as action but only as a virtual and consensual form of interaction; no longer as a drama but merely as the universal psychodrama of liberalism. A sudden infusion of freedom as a real currency, as violent and active transcendence, as Idea, would be in every way catastrophic for our present air-conditioned redistribution of values. Yet this is precisely what we are asking of the East: freedom, the image of freedom, in exchange for the material signs of freedom. This is an absolutely diabolical contract, by virtue of which one signatory is in danger of losing their soul, and the other of losing their creature comforts. But perhaps - who knows? - this may, after all, be the best thing for both sides. Those societies that were formerly masked - Communist societies - have been unmasked. What is their face like? As for us, we dropped the mask long ago and have for a long time been without either mask or face. We are also without memory. We have reached the point of searching the water for signs of a memory that has left no traces, hoping against hope that something might remain when even the water's molecular memory has faded away. So it goes for our freedom: we would be hard put to it to produce a single sign of it, and we have been reduced to postulating its infinitesimal, intangible, undetectable existence in a (programmatic, operational) environment so highly dilute that in truth only a spectre of freedom floats there still, in a memory every bit as evanescent as water's.

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Appreciation is the best currency to encourage someone do something for humanity.

What’s the first thing you do now before you visit a new restaurant for the first time or book a hotel room online? You probably ask a friend for a recommendation or you check out the reviews online. Now more than ever, the story your customers tell about you is a big part of your story. Word of mouth is accelerated and amplified. Trust is built digitally beyond the village. Reputations are built and lost in a moment. Opinions are no longer only shared one to one; they are broadcasted one to many, through digital channels. Those opinions live on as clues to your story. The cleanliness of your hotel bathrooms is no longer a secret. Guests’ unedited photos are displayed alongside a hotel brochure’s digital glossies. TripAdvisor ratings are proudly displayed by hotels and often say more about the standards guests can expect than do other, more established star ratings systems, such as the Forbes Travel Guide‘s ratings. Once-invisible brands and family-run hotels have had their businesses turned around by the stories their customers tell about them. “With 50 million reviews and counting, [TripAdvisor] is shaking the travel industry to its core.” —Nathan Labenz It turns out that people are more likely to trust the stories other people tell about you than to trust the well-lit Photoshopped images in your brochure. Reputation is how your idea and brand story are spread. A survey conducted by Chadwick Martin Bailey found that six in ten cruise customers said “they were less likely to book a cruise that received only one star.” There is no marketing more powerful than what one person says to another to recommend your brand. “Don’t waste money on expensive razors.” “Nice hotel; shame about the customer service.” In a world where online reputation can increase a hotel’s occupancy and revenue, trust has become a marketing metric. “[R]eputation has a real-world value.” —Rachel Botsman When we were looking to book a quiet, off-the-beaten-track hotel in Bali, the first place we looked wasn’t with the travel agents or booking.com. I jumped online and found that one of the area’s best-rated hotels on tripadvisor.com wasn’t a five-star resort but a modest family-run, three-star hotel that was punching well above its weight. This little fifteen-room hotel had more than 400 very positive reviews and had won a TripAdvisor Travellers Choice award. The reviews from the previous guests sealed the deal. The little hotel in Ubud was perfect. The reviews didn’t lie, and of course the place was fully booked with a steady stream of guests who knew where to look before taking a chance on a hotel room. Just a few years before, this $50-a-night hotel would have been buried amongst a slew of well-marketed five-star resorts. Today, thanks to a currency of trust, even tiny brands can thrive by doing the right thing and giving their customers a great story to tell.

Another great resource is podcasts, but these generally take time to sift through. I think the best all-around podcast comes from the heavyweights at Andreessen Horowitz (stylized as “a16z”). The a16z podcast has become a true force in understanding any given sector through interviews with thought leaders and great entrepreneurs in their space. I began to develop an interest in the bitcoin blockchain protocol, how it works, and if a blockchain network independent of bitcoin (or any other currency) could really exist in the long-term. Aside from the incredible reporting and research coming out of the CoinDesk news site, there seems to be no better resource than a16z’s interview with the CEO of Chain, Adam Ludwin. In a16z’s “Blockchain vs./ and Bitcoin,” Adam explained what bitcoin is, its limitations, and how blockchain can prosper and create decentralized networks for other financial instruments and stores of value like merchant-issued currency (gift card transfer), airtime on a mobile phone, energy credits on a grid and even tokens for machine-to-machine communication as we enter into the internet-of-things (IoT) and the autonomous vehicle era. The Product Hunt, Rocketship.fm and Accidental Creative podcasts are also not bad places to start.

The best currency in the world is admiration. If you admire yourself, you will do what makes you feel good. If you admire the people around you, you will want to be surrounded by those you truly love. If you admire your results, you will not want poor results. If you admire your life, you will always work hard to be at your best. If you admire admiration, you will always feel like a little child, in love with everything that life has to offer. And these are the formulas for success. But formulas are nothing without admiration. Admiration will take you very far in life, and much faster than any wind or wave.

When Wimdu launched, the Samwers reached out to Airbnb to discuss combining forces, as they had done with Groupon and eBay to facilitate a speedy exit. Discussions ensued between Airbnb and Wimdu cofounders and investors—meeting multiple times, touring the Wimdu offices, and checking with other founders like Andrew Mason from Groupon to best understand the potential outcome. In the end, Airbnb chose to fight. Brian Chesky described his thought process: My view was, my biggest punishment, my biggest revenge on you is, I’m gonna make you run this company long term. So you had the baby, now you gotta raise the child. And you’re stuck with it for 18 years. Because I knew he wanted to sell the company. I knew he could move faster than me for a year, but he wasn’t gonna keep doing it. And so that was our strategy. And we built the company long term. And the ultimate way we won is, we had a better community. He couldn’t understand community. And I think we had a better product.82 To do this, the company would mobilize their product teams to rapidly improve their support for international regions. Jonathan Golden, the first product manager at Airbnb, described their efforts: Early on, Airbnb’s listing experience was basic. You filled out forms, uploaded 1 photo—usually not professional—and editing the listing after the fact was hard. The mobile app in the early days was lightweight, where you could only browse but not book. There were a lot of markets in those days with just 1 or 2 listings. Booking only supported US dollars, so it catered towards American travelers only, and for hosts, they could get money out via a bank transfer to an American bank via ACH, or PayPal. We needed to get from this skeleton of a product into something that could work internationally if we wanted to fend off Wimdu. We internationalized the product, translating it into all the major languages. We went from supporting 1 currency to adding 32. We bought all the local domains, like airbnb.co.uk for the UK website and airbnb.es for Spain. It was important to move quickly to close off the opportunity in Europe.83 Alongside the product, the fastest way to fight on Wimdu’s turf was to quickly scale up paid marketing in Europe using Facebook, Google, and other channels to augment the company’s organic channels, built over years. Most important, Airbnb finally pulled the trigger on putting boots on the ground—hiring Martin Reiter, the company’s first head of international, and also partnering with Springstar, a German incubator and peer of Rocket Internet’s, to accelerate their international expansion.

In 1931, Japan went broke—i.e., it was forced to draw down its gold reserves, abandon the gold standard, and float its currency, which depreciated it so greatly that Japan ran out of buying power. These terrible conditions and large wealth gaps led to fighting between the left and the right. By 1932, there was a massive upsurge in right-wing nationalism and militarism, in the hope that order and economic stability could be forcibly restored. Japan set out to get the natural resources (e.g., oil, iron, coal, and rubber) and human resources (i.e., slave labor) it needed by seizing them from other countries, invading Manchuria in 1931 and spreading out through China and Asia. As with Germany, it could be argued that Japan’s path of military aggression to get needed resources was more cost-effective than relying on classic trading and economic practices. In 1934, there was severe famine in parts of Japan, causing even more political turbulence and reinforcing the right-wing, militaristic, nationalistic, and expansionistic movement. In the years that followed, Japan’s top-down fascist command economy grew stronger, building a military-industrial complex to protect its existing bases in East Asia and northern China and support its excursions into other countries. As was also the case in Germany, while most Japanese companies remained privately held, their production was controlled by the government. What is fascism? Consider the following three big choices that a country has to make when selecting its approach to governance: 1) bottom-up (democratic) or top-down (autocratic) decision making, 2) capitalist or communist (with socialist in the middle) ownership of production, and 3) individualistic (which treats the well-being of the individual with paramount importance) or collectivist (which treats the well-being of the whole with paramount importance). Pick the one from each category that you believe is optimal for your nation’s values and ambitions and you have your preferred approach. Fascism is autocratic, capitalist, and collectivist. Fascists believe that top-down autocratic leadership, in which the government directs the production of privately held companies such that individual gratification is subordinated to national success, is the best way to make the country and its people wealthier and more powerful.

The research is clear: The best way to engage students in the learning process is to build positive relationships with them, not prevent them, and the currency of relationships is emotional expression.

What idiots we were! How misinformed! Why didn't we understand that we were happily condemning ourselves to being nothing better than motor-mechanics? Why couldn't we see that? For Eleanor's crowd hard words and sophisticated ideas were in the air they breathed from birth, and this language was the currency that bought you the best of what the world could offer. But for us it could only ever be a second language, consciously acquired.

Such questions point us to the peculiarity of sacred things, that they do not admit of substitutes. There are not degrees of profanation, but a single and unified thing that profanation is, which is putting a substitute in place of that for which there are no substitutes—the ‘I am that I am’ that is uniquely itself, and which must be worshipped for the thing that it is and not as a means to an end that could be achieved in some other way or through some rival deity. Idolatry is the paradigm profanation, since it admits into the realm of worship the idea of a currency. You can trade in idols, swap them around, try out new versions, see which one responds best to prayer, and which one strikes the best bargains. And all this is a profanation, since it involves trading that which cannot be traded without ceasing to be, which is the sacred object itself.

Step 6: When Filofax grew enormously in the 1980s as an expensive, aspirational product, the absence of a generic niche description became a problem for the leader. People began to use ‘filofax’ to describe the category, which meant that every competitor could describe their product as a filofax (note the lower case f ). In 1986 David Collischon wisely coined the term ‘personal organiser’ to describe the category and encouraged everyone to use the term. Marketing experts are adamant that it is easier for us to think first about a category generally, and then about the brand. ‘I need a personal organiser to keep all my bits of paper.What brand should I ask for in the shop? Well, Filofax is the best known.’ This is an easier and more natural way of thinking than, ‘I need a Filofax.’ The clear benefit of a personal organiser was that it helped people be better organised . If the term ‘personal organiser’ had not gained widespread currency the benefit of the new category would have been much less clear, and Filofax’s brand name would have become devalued. Contrast the confusion caused in the electronic-organiser niche. When this developed in the 1990s, the leading brand was PalmPilot. But what was the category name? As Al and Laura Ries comment, ‘Some people call the Palm an electronic organiser. Others call the Palm a handheld computer. And still others, a PDA (personal digital assistant). All of these names are too long and complicated. They lack the clarity and simplicity a good category name should possess. If . . . a personal computer that fits on your lap is called a laptop computer, then the logical name for a computer that fits in the palm of your hand is a palm computer . . . Of course, Palm Computer pre-empted Palm as a brand name, leaving a nascent industry struggling to find an appropriate generic name . . . Palm Computer should have been just as concerned with choosing an appropriate generic name as it was in choosing an appropriate brand name.’9

But there were plenty of examples of international negotiation failures, exits from international agreements, and forced currency conversions that allowed the best forecasters to ground themselves in what usually happens without focusing narrowly on all the unique details of the present situation. Starting with the details—the inside view—is dangerous. Hedgehog experts have more than enough knowledge about the minutiae of an issue in their specialty to do just what Dan Kahan suggested: cherry-pick details that fit their all-encompassing theories. Their deep knowledge works against them. Skillful forecasters depart from the problem at hand to consider completely unrelated events with structural commonalities rather than relying on intuition based on personal experience or a single area of expertise.

Himalayan Sonneteer Sonnet 81 If we treat people, Like we treat currency, That is the end of the world, That is the end of society. Currency is a social construct, So, its value varies based on geography. Humanity is the foundation of our existence, How can we be human if we value people like currency! North, South, East, West, humans are the best, Mind not location, human life is worth just the same. Appearance may differ across geography, But our innate humanity is one and the same. So I say, a nation's value lies not in its currency, But its regard for the welfare of all humanity.

The cancellation of inter-Ally war debts was designed to de-couple American finance from Europe. Keynes supported American loans to get European industry restarted, pay for essential food imports, and stabilize currencies. But he was adamantly opposed to Europeans borrowing from the United States to service deadweight debt. His book became an international best-seller, had a profound effect on post-war thinking, and made Keynes world-famous.

I tried to date, like a normal twenty-something, but it didn’t work out. There’s something off about you when you’ve been abused, when you’re damaged, broken. You’re different. Men can sniff out the pain in you, like dogs picking up on a scent. I’d put my makeup on, wear my nicest dresses, go on dates and try to be on my best behaviour but they never bought it. They could see the cracks in my eyes, the holes in my soul, the emptiness waiting to be filled. Men aren’t knights in shining armour – that’s fairytale bullshit. They’re not looking for someone to save. Men like simple girls. Off-the-shelf girls. Ready to go. Easy company. Decent hearts. They’re not there to heal you or rescue you. I thought my looks would help. A bat of my lashes will make a man do a favour for me, but it won’t make a good guy fall for me. My pretty face isn’t valuable enough currency to make up for the scars. The men I dated picked up on the trauma, the voids, the hurt, and they didn’t want it in their lives. They didn’t want it in their homes. They didn’t want its legacy in their children.

Because, sir, he is making the best use of the resources available to him, including his skill set. He might be terrible at farming, but he is good at fixing and maintaining equipment. If he used his off-duty time to grow crops, we would only have one more unskilled farmer. With the arrangement he has devised, his plot of land is being put to its best use, and his skills are being used to make people who are farming more productive by providing them with reliable equipment. Specialization of labor is key to an efficient economy; everyone does what they do best. Eventually, sir, we will need to establish a form of currency; this barter economy of people trading corn for tomatoes and so on, is inherently inefficient.

All negotiations, no matter how large or small, are built on a common “currency.” This negotiation currency is known as concessions. To illustrate this, imagine a negotiation as a big pot filled with things that both parties want, sitting between them on the table. The concessions are all the shiny, glittering things inside that pot. In many cases, the most important concession is money (price), but good negotiators realize that the pot is actually filled with many other things as well, depending on the specific nature of the negotiations. As a negotiation progresses, either party may take things out of the pot and give them to the other party (“making a concession”). A party may also put things back in the pot that had previously been taken out. Great negotiators will continually find new things to add to the pot as the negotiation progresses. When both parties agree on how all the stuff in the pot is distributed, a deal has been reached. A skilled negotiator realizes that the more concessions they can add to the pot throughout the negotiation, the more likely it is that both parties will feel like they got a lot out of the negotiation.

The German inflation was a huge fraud which benefited the debtors and speculators at the expense of the large, prudent middle class. The following things happened in Germany: a. Bonds (including governments), real estate mortgages, life insurance, bank savings and all fixed value investments became worthless because they were redeemed by debtors with depreciated money. b. Common stocks of industrial concerns soared to fantastic heights and paid huge dividends. When stabilization came these stocks crashed and only the strongest companies survived. In spite of this common stocks proved to be the best investment. c. Real estate owners who paid off their mortgages with depreciated currency and held on to it until stabilization came, still had something of value. The same applied to purchasers of commodities such as diamonds, etc. d. Industries expanded, built huge additions to their plants and paid in worthless currency. Of all classes, the industrialists fared best. e. Professional men were badly off.

Lenin is said to have declared that the best way to destroy the Capitalist System was to debauch the currency.

One way to put the question that I want to answer here is this: why was it virtually impossible not to believe in God in, say, 1500 in our Western society, while in 2000 many of us find this not only easy, but even inescapable? Part of the answer, no doubt, is that in those days everyone believed, and so the alternatives seemed outlandish. But this just pushes the question further back. We need to understand how things changed. How did the alternatives become thinkable? One important part of the picture is that so many features of their world told in favour of belief, made the presence of God seemingly undeniable. I will mention three, which will play a part in the story I want to tell. (1) The natural world they lived in, which had its place in the cosmos they imagined, testified to divine purpose and action; and not just in the obvious way which we can still understand and (at least many of us) appreciate today, that its order and design bespeaks creation; but also because the great events in this natural order, storms, droughts, floods, plagues, as well as years of exceptional fertility and flourishing, were seen as acts of God, as the now dead metaphor of our legal language still bears witness. (2) God was also implicated in the very existence of society (but not described as such-this is a modern term-rather as polls, kingdom, church, or whatever). A kingdom could only be conceived as grounded in something higher than mere human man action in secular time. And beyond that, the life of the various associations which made up society, parishes, boroughs, guilds, and so on, were interwoven with ritual and worship, as I mentioned in the previous chapter. One could not but encounter counter God everywhere. (3) People lived in an “enchanted” world. This is perhaps not the best expression; it seems to evoke light and fairies. But I am invoking here its negation, Weber’s expression “disenchantment” as a description of our modern condition. This term has achieved such wide currency in our discussion of these matters, that I’m going to use its antonym to describe a crucial feature of the pre-modern condition. The enchanted chanted world in this sense is the world of spirits, demons, and moral forces which our ancestors lived in. People who live in this kind of world don’t necessarily believe in God, certainly not in the God of Abraham, as the existence of countless “pagan” societies shows. But in the outlook of European peasants in 1500, beyond all the inevitable ambivalences, the Christian God was the ultimate guarantee that good would triumph or at least hold the plentiful forces of darkness at bay.

CULTURE SAYS: Impressing the world is the currency of success. GOD HAS TAUGHT ME: Seek My approval and your best life will follow.

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To those who preach morals — I do not wish to promote any morality, but to those who do I give this advice: If you wish to deprive the best things and states of all honor and worth, then go on talking about them as you have been doing. Place them at the head of your morality and talk from morning to night of the happiness of virtue, the composure of the soul, of justice and immanent retribution The way you are going about it, all these good things will eventually have popularity and the clamor of the streets on their side; but at the same time all the gold that was on them will have been worn off by so much handling, and all the gold inside will have turned to lead Truly, you are masters of alchemy in reverse: the devaluation of what is most valuable. Why don’t you make the experiment of trying another prescription to keep from attaining the opposite of your goal as you have done hitherto? Deny these good things, withdraw the mob’s acclaim from them as well as their easy currency; make them once again concealed secrets of solitary souls; say that morality is something forbidden That way you might win over for these things the kind of people who alone matter: I mean those who are heroic. But to that end there has to be a quality that inspires fear and not, as hitherto, nausea Hasn’t the time come to say of morality what Master Eckhart said: “I ask God to rid me of God.

It is common for one party to a transaction to have better information than another party. In the parlance of economists, such a case is known as an information asymmetry. We accept as a verity of capitalism that someone (usually an expert) knows more than someone else (usually a consumer). But information asymmetries everywhere have in fact been gravely wounded by the Internet. Information is the currency of the Internet. As a medium, the Internet is brilliantly efficient at shifting information from the hands of those who have it into the hands of those who do not. Often, as in the case of term life insurance prices, the information existed but in a woefully scattered way. (In such instances, the Internet acts like a gigantic horseshoe magnet waved over an endless sea of haystacks, plucking the needle out of each one.) The Internet has accomplished what even the most fervent consumer advocates usually cannot: it has vastly shrunk the gap between the experts and the public. The Internet has proven particularly fruitful for situations in which a face-to-face encounter with an expert might actually exacerbate the problem of asymmetrical information—situations in which an expert uses his informational advantage to make us feel stupid or rushed or cheap or ignoble. Consider a scenario in which your loved one has just died and now the funeral director (who knows that you know next to nothing about his business and are under emotional duress to boot) steers you to the $8,000 mahogany casket. Or consider the automobile dealership: a salesman does his best to obscure the car’s base price under a mountain of add-ons and incentives. Later, however, in the cool-headed calm of your home, you can use the Internet to find out exactly how much the dealer paid the manufacturer for that car. Or you might just log on to TributeDirect.com and buy that mahogany casket yourself for only $3,595, delivered overnight.

Managing energy, not time, is the fundamental currency of high performance. Performance is grounded in the skillful management of energy. • Great leaders are stewards of organizational energy. They begin by effectively managing their own energy. As leaders, they must mobilize, focus, invest, channel, renew and expand the energy of others. • Full engagement is the energy state that best serves performance. • Principle 1: Full engagement requires drawing on four separate but related sources of energy: physical, emotional, mental and spiritual. • Principle 2: Because energy diminishes both with overuse and with underuse, we must balance energy expenditure with intermittent energy renewal. • Principle 3: To build capacity we must push beyond our normal limits, training in the same systematic way that elite athletes do. • Principle 4: Positive energy rituals—highly specific routines for managing energy—are the key to full engagement and sustained high performance. • Making change that lasts requires a three-step process: Define Purpose, Face the Truth and Take Action.

Simultaneous superposition of clement brane-universe alternatives made such a mockery of free market capitalism in so many ways. On more than one occasion a mechanism had been purchased with some very foreign currency and twice, to the best of his knowledge, he had been robbed. It all depended on what Mr C expected to find when a customer opened the door from everything outside and came into the shop where all that there was, had been and likely would be was what was in the shop there and then, not What Was outside previously and was probably no longer, for the moment.

READABLE BY ANY CITIZEN This exhaustive textual analysis of the Second Amendment would never have been necessary in the nearly first two hundred years of the republic. It was only beginning in the second half of the twentieth century that the Orwellian view gained currency that “the people” means the states or state-conscripted militia, that “right” means governmental power, that “keep” does not mean to possess, that “bear” does not mean carry, that “arms” do not include ordinary handguns and rifles, and that “infringe” does not include prohibition. But the Founders intended to, and did, word the Second Amendment in an easy to understand manner. Individuals have a right to have arms in their houses and to carry them, and the government may not violate that right. Recognition of the right promotes a militia composed of the body of the people, which is necessary for a free society. The Bill of Rights was intended to inform the ordinary citizen of his or her rights. Its meaning is not a monopoly of the governmental entities whose powers it was intended to limit. St. George Tucker said it best in his 1803 treatise, the first ever published on the Constitution, as follows: A bill of rights may be considered, not only as intended to give law, and assign limits to a government about to be established, but as giving information to the people. By reducing speculative truths to fundamental laws, every man of the meanest capacity and understanding may learn his own rights, and know when they are violated ....47 By knowing when one’s rights are violated, the citizen may signify his or her displeasure through mechanisms such as the ballot box and the jury box, and may resort to speech, the press, assembly, and petition to denounce the evil. As the experiences of the American Revolution proved, the right to keep and bear arms serves as the ultimate check that the Founders hoped would dissuade persons at the helm of state from seeking to establish tyranny. In hindsight, it would be difficult to quarrel with the success of the Founders’ vision.

By the time Albie is my age I will be long gone, or, best-case scenario, barricaded into my living module with enough rations to see out my days. But outside, I imagine vast, unregulated factories where workers count themselves lucky to toil through eighteen-hour days for less than a living wage before pulling on their gas masks to fight their way through the unemployed masses who are bartering with the mutated chickens and old tin-cans that they use for currency, those lucky workers returning to tiny, crowded shacks in a vast megalopolis where a tree is never seen, the air is thick with police drones, where car-bomb explosions, typhoons and freak hailstorms are so commonplace as to be barely remarked upon. Meanwhile, in the literally gilded towers above the carcinogenic smog, the privileged 1 per cent of businessmen, celebrities and entrepeneurs look down through bullet-proof windows, accept coktails in strange glasses from the robot waiters hovering nearby and laugh their tinkling laughs and somewhere, down there in that hellish, stewing mess of violence, poverty and desperation, is my son, Albie Petersen, a wandering minstrel with his guitar and his keen interest in photography, still refusing to wear a decent coat.

Originated by the green leading-edge in academia, this aperspectival madness of “no truth” leapt out of the universities, and morphed into an enormous variety of different forms—from direct “no-truth” claims, to rabid egalitarianism, to excessive censoring of free speech and unhampered knowledge acquisition, to extreme political correctness (that forced the best comedians to refuse to perform at colleges any more, since the audiences “lacked all sense of humor”: you’re allowed to laugh at nothing in a “no value is better” world—even though that value itself is held to be better), to far-left political agendas that in effect “equalized poverty,” to egalitarian “no judgment” attitudes that refused to see any “higher” or “better” views at all (even though its own view was judged “higher” and “better” than any other), to modes of entertainment that everywhere eulogized egalitarian atland, to a denial of all growth hierarchies by confusing them with dominator hierarchies (which effectively crushed all routes to actual growth in any systems anywhere), to the media’s sense of egalitarian “fairness” that ended up trying to give equal time to every possible, no matter how factually idiotic, alternative viewpoint (such as Holocaust deniers), to echo chambered social media where “pleasant lies” and “reassuring falsehoods” were the standard currency.

In the same way both Lincoln and the Japanese regard people. These are also a kind of currency. A man is worth what he does. Lincoln upon hearing a new name asks, “What does he do?” Almost never, “What has he done?” Much more often, “What does he want to do?” He invests in people—as do the Japanese, and just as freely, just as openly. People are currency. They pay dividends. Both Lincoln and the Japanese pay high dividends too. The resulting relationship is one of nature’s happiest—symbiosis. Flesh may dazzle, wit may seduce, but not for long. Infatuation over in a matter of minutes, Lincoln wants to know, “Now, what is it that you can do best?” He wants to know because then, to protect his investment, he will put you on the proper road, help you achieve your potential. Often in his own country Lincoln is misunderstood. They do not comprehend that there are rewards for accomplishment but that there is no sympathy for failure. Japan understands well. This most pragmatic of people do not count hopes or intentions as accomplishments. A man is what he does. After his death, he is what he has done.

Once upon a time nations fought like great grunting beasts in a swamp. Ankh-Morpork ruled a large part of that swamp because it had the best claws. But today gold has taken the place of steel and, my goodness, the Ankh-Morpork dollar seems to be the currency of choice. Tomorrow . . . perhaps the weaponry will be just words. The most words, the quickest words, the last words.

Some viewed Chinese investors as the latest “dumb money” to hit Hollywood. It is no doubt true that financing movies is not the smartest way for any investor, from anywhere in the world, to earn the best returns. Others had a different theory—that some wealthy Chinese individuals and businesses were seeking to get their money out of China, where an autocratic government could still steal anyone’s wealth at any time, for any reason. Certainly Hollywood had long been a destination for legal money laundering. But those who worked most closely with the Chinese knew that the biggest reason for these investments was a form of reverse-colonialism. After more than a decade as a place for Hollywood to make money, China wanted to turn the tables. The United States had already proved the power of pop culture to help establish a nation’s global dominance. Now China wanted to do the same. The Beijing government considered art and culture to be a form of “soft power,” whereby it could extend influence around the world without the use of weapons. Over the past few years, locally produced Chinese films had become more successful at the box office there. But most were culturally specific comedies and love stories that didn’t translate anywhere else. China had yet to produce a global blockbuster. And with box-office growth in that country slowing in 2016 and early 2017, hits that resonated internationally would be critical if the Communist nation was to grow its movie business and use it to become the kind of global power it wanted to be. So Chinese companies, with the backing of the government, started investing in Hollywood, with a mission to learn how experienced hands there made blockbusters that thrived worldwide. Within a few years, they figured, China would learn how to do that without anyone’s help. “Working with a company like Universal will help us elevate our skill set in moviemaking,” the head of the Chinese entertainment company Perfect World Pictures said, while investing $250 million in a slate of upcoming films from the American studio. Getting there wouldn’t be easy. One of the highest-profile efforts to produce a worldwide hit out of China was The Great Wall, starring Matt Damon and made by Wanda’s Legendary Pictures. The $150 million film, about a war against monsters set on the Chinese historic landmark, grossed an underwhelming $171 million and a disastrous $45 million in the United States. Then, to create another obstacle, Chinese government currency controls established in early 2017 slowed, at least temporarily, the flow of money from China into Hollywood. But by then it was too late to turn back. As seemed to always be true when it came to Hollywood’s relationship with China, the Americans had no choice but to keep playing along. Nobody else was willing to pour billions of dollars into the struggling movie business in the mid-2010s, particularly for original or lower-budget productions.

you responsible for your willpower or lack thereof. It puts the onus on you to master the ability to unlearn old lies. It binds us with the opposite requirements of self-hatred, but it’s still binding us. When we tell each other to love your body and with the implication that if you don’t, you just need to try harder, we’re not necessarily empowering anyone; we’re just regurgitating logic we learned from weight loss and from diet culture. Liberation is freedom from all outside expectations, even our own. Liberation is not having to love your body all the time. Liberation is not asking permission to be included in society’s ideal of beauty. Liberation is bucking the concept of beauty as currency altogether. Liberation is recognizing the systemic issues that surround us and acknowledging that perhaps we’re not able to fix them all on our own. Liberation is personally giving ourselves permission to live life. Liberation is slowly learning how to become the best version of our whole selves—body included, yes.

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Keith Hart, probably the best-known current anthropological authority on the subject, pointed this out many years ago. There are, he famously observed, two sides to any coin: Look at a coin from your pocket. On one side is “heads”—the symbol of the political authority which minted the coin; on the other side is “tails”—the precise specification of the amount the coin is worth as payment in exchange. One side reminds us that states underwrite currencies and the money is originally a relation between persons in society, a token perhaps. The other reveals the coin as a thing, capable of entering into definite relations with other things.

There is also a risk in some markets of a significant devaluation of the local currency. For example, if the country experiences a financial crisis and devalues its currency to the point that your goods are no longer competitively priced, you can lose your market position overnight. There are no easy answers when it comes to getting paid for international sales but planning in advance beats learning hard lessons after the fact. Choose the solutions that work best for your company and prepare for the implications of those choices. The best strategy is to do the due diligence on your new customers.