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The world is governed by the laws of thermodynamics, and it is impossible to violate them. Example: First Law of Thermodynamics (Conservation of Energy) The change in internal energy of a system is equal to the heat it receives minus the work it does: ➡️ Energy is neither created nor destroyed, only transformed. Second Law of Thermodynamics In any real process, the total entropy of the universe (system + environment) increases or, at best, remains constant: For money printing to work according to Keynesians, the laws of thermodynamics would have to be violated, since money is nothing more than an abstract form of energy storage (Time). When money is counterfeited, no more energy is created, nor is the entropy of the universe reduced; that energy simply moves from one place to another with the losses (transformation) caused by its movement according to the first law of thermodynamics. The losses incurred take the form of inflation, since even the final depositary of energy can buy fewer things with that amount of money, but in the end we continue to have the same goods and services because energy is neither created nor destroyed, it is transformed. Therefore, counterfeitable money systems are an insult to intelligence, an insult to physics, an insult to reality. Modern politics insists on saying that a pig can fly, and people must believe that a pig can fly, but when you take the pig and throw it from a bell tower, the pig does not fly and crashes to the ground, because the laws of thermodynamics, even if politics wants them to, cannot be violated. And neither can gravity 😂 .
2025-12-08 07:30:30 from 1 relay(s) 1 replies ↓
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Great description. To add, the Cantillion effect is like a sudden disruption in the energy of a medium. It propagates in waves, the closer you are the more energy you can extract from the wave. The wavefront keeps losing energy to the medium, and the politicians tell you we added this much energy, and model the wave without losses.
2025-12-08 07:56:59 from 1 relay(s) ↑ Parent Reply