The Nature of Energy with Michael Saylor (WiM314)

and this is kind of a conundrum it's the

society that is best for your mental

health your physical health and your

economic health is one full of checks

and balances with decentralized power

lots of 50 states with control of the

money 50 states that have the ability to

say no right the more decentralized the

Power uh the more peaceful the society

is and the more productive the society

is

unfortunately the society that tends to

win the wars vote both be able to start

the wars and be able to win the wars

tends to be the most centralized Society

it's generally the least healthy

physically serves you bad food right

it's you know you're most likely to get

drafted and and uh be maimed or killed

in a conflict so it's physically

unhealthy it's economically unhealthy

you know it's most mentally unhealthy

because you're being forced to go kill

people

so

That's The Human Condition right it's a

bit of a conundrum but it all comes back

to Power and energy

and uh

you you can't ignore the energy you

can't ignore the machines that channel

the energy because if you ignore it uh

then those machines will be used against

you right

hey everybody Welcome to the what is

money show I am thrilled to have you

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Michael Saylor welcome back to the what

is money show thanks for having me

Robert happy to see you here in person

in Miami Beach I'm happy to see you as

well we are right on the eve of Bitcoin

2023 which is a massive event uh Lots

going on this week lots of talks lots of

events

um and you of course are a very special

guest as you were the first guests on

the show

and this is the first time we've done

this in person actually so this is a

very special episode

and

one of the things that I think you

popularized for a lot of people or one

of the connections conceptual

connections you made for me and many

other people

was this connection between money and

energy

and when I brought you on the show and

asked you originally you know what is

money and you started descript to

describe it as one of the highest if not

the highest form of energy that humans

can Channel

um it crystallized a lot of things for

me and just connected money into kind of

physics and engineering and there's a

whole nother perspective

on money

and it it naturally kind of begs this

deeper question I guess which is what is

the actual nature of energy itself

and I'd shared this with you before but

I'd read this book called

interdependence

that described energy as the quantity

that remains constant across all

physical transformations

so whereas I had conceived of it as

something that like flows and moves and

transforms it was really just saying

that it's just this description of

reality that we've applied that the one

thing that doesn't change across

Transformations is energy so

what I would like to ask you and the

theme of the show of being about deep

questions is

Michael what is energy what is the the

nature of energy and I guess a little

more broadly how is it related to power

and the development of human

civilization

that's a great question Robert

um

I I went to MIT and and my primary

academic influence was Aeronautical

Engineering and an Aeronautical

Engineering you study thermodynamics and

you study Energy Systems and and you

study machines and machines or

mechanisms to channel energy in order to

convert potential energy to kinetic

energy or to heat energy

or the like so

I'd never really thought about energy or

power in the context of money

or economics or politics or even history

probably until I encountered Bitcoin and

especially until you kind of

you catalyzed me to think this way by

asking the question what is money

so if you yeah believe it or not there

are plenty of people that make it into

their middle age or or their seniority

and they never ask the question what is

money and if you don't ask the question

what is money then

you never really start to question

political energy economic energy or

economic or political machines from an

engineer's point of view

so I think I was fortunate of an

engineer's background and then to stop

take a clean sheet of paper and consider

the question

what is money and when you start asking

that question it brings you back to just

the fundamentals of what is energy

and um you know as you know I think

Einstein pointed out very famously

energy it can matter can neither be dis

created or destroyed energy can be

neither created or destroyed energy is

matter matter is energy E equals m c

squared it's a very famous equation but

very profound now you know it is a lay

person

if you've ever watched a bonfire you're

watching wood which is material get

thrown into a reaction and you're seeing

forms of energy

um come out of that bonfire you see

light which is one form of energy and

you see you feel heat another form of

energy and of course you see a

transmutation of the material and you

started out with wood and you end up

with charcoal or something that looks

different eventually senders

our universe is full of examples of that

right sunlight striking the Earth and

somehow you end up with a green tree or

algae

and that somehow morphs into bacteria

that morphs into insects and then worms

and then you've got Birds I got birds in

my yard every day and they're eating the

worms and and uh running from the Hawks

you know and there's an entire food

chain or energy chain

from the top to the bottom now if we if

we just think of energy is as uh the

universal

the universal source of of life of

substance

period

I want to say in the universe but the

point is it's the universal source and

and energy is such a fundamental term

like the universal source of energy is

energy you almost feel silly to say it

um there's a certain amount of energy in

the universe there's a certain amount of

energy in the solar system

for the most part there's a certain

amount of energy striking the Earth and

power of course is the rate of energy

output or or energy conversion if you

will

in the in the world of engineering if we

have a constant Energy System where the

energy is neither entering the system

nor leaving the system we call that an

adiabatic system no energy lapse and in

uh in the field of thermodynamics very

oftentimes your posed questions how do I

solve this problem and and what is your

forecaster or what is likely to happen

given an adiabatic system

and uh the way you say the reason you

say that is because if you actually

allow for energy to enter the system or

to leave the system all of the

engineering Solutions are no longer

valid for example

if Miami Beach it you know is uh

if you if you visit Miami Beach on a

clear day and the sun is shining us 80

degrees and there's not a cloud in the

sky

and everything is normal quote unquote

you can probably forecast a happy day on

the beach and you can probably forecast

you know what will happen in the

restaurants the hotels the the average

traffic level

um the health the mental health the

physical health of the people you can

probably forecast the motion of the

parrots I have a flock of parrots that

come to my house every day about five

o'clock we call it parrot o'clock and

they all squawk and have a big party so

you can forecast all those things

and you probably won't be off by plus or

minus two percent

but

if I add some energy to the system

like a tidal wave

50 feet high ing the beach now you

realize that all these other models are

all broken right you can't you know none

of your math none of your physics none

of your history is relevant because you

have introduced excess energy into the

system a hurricane

Miami Beach is a very different

experience during a hurricane if you

look at photos of Miami Beach during a

number of hurricanes right different

stuff happens so that's an example of

introducing a lot of energy and changing

the balance of power the opposite would

be sucking the energy out of the system

what happens when the temperature gets

to 30 degrees in Miami Beach

you probably won't see people running

around happy on the beach and bathing

suits playing volleyball right you

probably won't see as many people

right you you won't see the same

commercial patterns in the restaurants

and the bars you won't see the same

traffic patterns right so so energy

matters but but

um once you come to terms with this

Engineers know it intuitively that's why

every engineering problem given to an

engineering student starts with the

phrase assuming an adiabatic system

how do you design an airfoil how do you

know what will be the power output or or

the output of this engine what will

happen in this circumstance

that's a pretty good pretty good

discipline for an engineer the problem

with Engineers is

oftentimes they are channel to only

consider the consequences of their

engineering training as it applies to

machines or buildings or or traditional

engineered systems

that is

don't apply the

mathematical tools or The Logical tools

you learned in engineering to politics

or banking

or war or

um or money creation

or the culture

right or to art

right just stay out of those domains and

you know you would just arm away at a

way and say it's not applicable but

when you ask the question what is money

and you're an engineer and you're

watching the money die when you're

watching a system fail

whether it's the Weimar Republic system

or whether it's Venezuela or whether

it's Nigeria or whether it's Africa or

whether it's Argentina or if you're

watching these slow failure

of the US dollar

a slow motion train wreck then you

actually have to come up with a a

physical logical mathematical

interpretation

and so here here I think it's

interesting to apply energy Theory again

and you start to you start to ask the

question well what is energy outside of

you know a narrowly defined uh machine

well so we understand with machines like

the outboard motor on

um a decent boat

you know a powerful one big one would be

300 horsepower

and that's a power rating now

um if you think about the manned machine

system what happens when you put a human

being together with a system right let's

not talk about the motor anymore let's

talk about people

with the machines and expand from there

well the typical human being uh in a one

hour workout

could probably exert a tenth of a

horsepower

well it makes sense right like 10 people

if there's a tug of war between a horse

and people there's probably 10 people on

one side there's a horse on the other

side a tenth of a horsepower

so now you know you start to ask the

question how much power can you exert

um and uh and how fast well

10 people makes a horse

a Roman tribeam or quadrine might have

anywhere from 200 to 300 rowers if you

get really efficient okay you've got 30

horsepower okay so the outboard motor

a crappy one a small one is 30 to 70

horsepower the little one little fishing

boat bass fisherman boat about equal to

300 human beings so you can see the Arc

of humanity and civilization is from uh

from uh having a tenth of a horsepower

by the way that's a healthy person right

an unhealthy person has a 30th of a

horsepower so now now you want to

understand

uh why do why do the Mongols conquer the

steps

well a bunch of soldiers on horse are

have 10 times as much power as foot

soldiers right why did the Europeans

have an advantage when they showed up in

the New World versus the Indian tribes

the Europeans had mastered horses the

Indians had not a lot more power 10x

more power

when you um

when you start to apply that to other

types of systems

and uh you know and I'll give you a few

well um

a nine millimeter handgun can generate

uh 500 kilowatts for a short burst okay

and um

um how much is that well a megawatt is

uh

1341 horsepower

right so you're talking about something

like 600 horsepower for a fraction of a

second coming out of a handgun right you

see why you would be more powerful with

the handgun

a 30 odd 6 Springfield round

will generate 4

000 kilowatts

for a short period of time

four thousand kilowatts you know um so

you

you start to think about how much power

that is it's

um four megawatts

it's five

thousand horsepower right wow it's in

one shot one kick well I'm gonna what if

I kick you with the force of 5 000

horses right you can see why uh why the

uh the soldier with the the pistol beats

the soldier with the um spear

right and um you know if you look at at

energy uh exerted let's take energy

a boxing punch if it's well thrown by a

really good boxer

would be 500 joules of energy

a handgun will also generate 500 joules

of energy but the difference of course

is the 500 joules of energy from the

handgun is very focused behind a

metallic bullet so the same energy in

maybe 1 100th of the space will punch a

hole through you plus

the average person can pull the trigger

six times

but the average person can't punch you

as hard as you know Muhammad Ali

six times right it's much much harder so

um you can see why the gun beats the

punch uh that rifle shot generates 3 800

joules

and of course you can deliver a lot more

energy in a concentrated form but also

from a much greater distance

[Music]

um an A10 has a um

you know it has a a Gau eight Avenger

Gatling gun

capable of generating uh

13 000 kilowatts of power while it's

operating doesn't operate long operates

about 20 or 30 seconds but another way

to say it is um every single round is

200 000 joules and it spits out uh 1174

of those around so so if if you unload

on some hostile population with an A-10

you spit out 234 million joules in about

30 seconds well 810 aircraft yeah it's

an attack aircraft so you see human

beings got

pretty powerful at figuring out how to

project power yeah right and and how to

channel energy

um a mark 84 bomb standard bomb uh is

1.87 gigajoules

1.87 billion joules when they dropped

that bomb little boy uh the atomic bomb

dropped on Hiroshima 63 Terra joules 63

trillion

Jewels no remember back to 500 Jewels

for the punch

you see so so who's more powerful right

uh the guy the general with 10 000

soldiers

you know or the the guy with the Gatling

gun uh bows and Spears 100 to 200 joules

of energy that you're delivering so so

the history of humanity in a and

military conflicts is determined by who

can channel the most energy and it's

pretty clear

that when you start to build hierarchies

of energy and hierarchies of power right

the the rate at which you deliver the

power

or deliver the energy over time then you

can see who are the winners who are The

Losers

you know I got very interested in it and

just general energy comparisons and

power comparisons especially when I

started studying Bitcoin mining

because Bitcoin miner let's say you want

to generate one exahash

of digital power Bitcoin mining is

digital power right it's not analog

power it's digital power Shaw 256 power

for one particular purpose and that one

purpose is uh

is cyber security right

so I want to build a wall of digital

energy to protect my data protect my

message

protect my money

so that One X Ash with modern miners

like s19s in that range is 30 megawatts

of power that's what I have to have to

put into that and that 30 megawatts of

power will generate a thousand to 1200

BTC a thousand Bitcoin a year if you run

that on a Network that has about 350

extra hash in the year 2023 right now

so that that's a that's an interesting

measure

right I mean the commercial value of

that is something in the range of 30

million dollars right a thousand times

thirty thousand right now so that gives

you a sense of Bitcoin mining and

digital power now what else has 30

megawatts

a global Express

uh InterContinental corporate jet

uh Global Express XRS has 34 megawatts

of power when it's a crew speed so it'll

cruise for about 13 hours and during

that 13 hours it's generating 34

megawatts of power moving at Mach spot

eight five

pretty magical that's it but there's

only it's only got like a 14-hour

duration right

an F-35 fighter jet

um when it gets to like Mach 2 when it's

scrambled uh a hundred and two megawatts

full energy but it can't it can't do

that long

right but it goes supersonic that's how

much power it takes 102 megawatts

an aircraft carrier

has a nuclear power plant or two perhaps

200 megawatts

but the difference uh the difference

with a nuclear-powered aircraft carriers

that's 200 megawatts that's continuously

being generated for the 20 years for the

30 years that the power plant is in

commission as opposed to 100 megawatts

generated off of jet fuel for some

number of minutes while an F-35 is

running supersonic right so you but you

see what what um

power is required and what it means and

of course

how did human beings figure out how to

how to Channel or generate 200 megawatts

of power continuously

for years

with no fuel

right that that's nuclear power Atomic

power those are nuclear power plants

that are doing that and you just realize

just how dense nuclear fuel is and just

how efficient it is compared to jet fuel

you know you in order to generate 30

megawatts of energy with um

a diesel power plant a diesel generator

you need 59

130 metric tons of diesel fuel wow right

59 000 Metron that's 443

000 barrels

of oil okay that'll cost you 41 million

dollars at 700 a ton

it works out to almost 16 cents a

kilowatt hour okay

that's a lot of energy right now imagine

replacing

imagine generating 7x that much

and being able to do it consistently

and um what you see is the passage of um

of human civilization

is this non-stop set of steps uh to find

a way to gather more energy

and uh to store more energy and then the

construction of machines to channel the

right at my at my alma mater at MIT we

study how to design Global expresses no

mean feat to channel 30 megawatts of

power at 48 000 feet when it's 80

degrees outside right flying through the

rain when you have to carry a liquid

fuel with you right and and hold it up

right but um

you know a very interesting

other exercise is um

what if you want to generate the energy

with water

you know

um a small hydroelectric power plant can

generate

between 1 and 10 megawatts

um but the Three Gorges Dam in China is

the world's largest Hydro hydroelectric

power station

had a capacity to generate twenty two

thousand five hundred megawatts of power

the uh the entire Bitcoin network runs

on 10 to 15 gigawatts of power wow okay

but imagine a large-scale hydroelectric

dam is generating anywhere from a

thousand to two thousand megawatts of

Power by converting that water into

electricity

right now and what you realize is

there are there are extraordinarily

efficient ways to generate power nuclear

power is just an extraordinary way to

generate uh Power and and energy and

harness energy

um hydroelectric is also pretty

extraordinary

um using fossil fuels like diesel or

gasoline they're flexible uh not not

nearly so impressive as 22 gigawatts off

of one Dam but but then the challenge is

I have um I have Infinite Energy coming

off that Dam but how do I put it

five miles up in the air

into an aircraft

you know I have too much energy some

places but I can't get it to the other

place

and then I have not enough energy right

my Global Express is using jet fuel

because that's what you can put up 45

000 feet and haul around in an airframe

and we haven't quite figured out the

pocket nuclear reactor that would do

that job and there's no battery that

will hold the electrical power that

comes off a hydroelectric Dam

hmm so

so uh as I as I take that in context and

I I come back to the passage of time and

the development of civilization

there seems to be this Non-Stop

trend

for

the most powerful

it's kind of it's such a tautology right

the most powerful or the most powerful

right right physically powerful or the

most political right those that actually

uh gather energy channel the energy in

order to direct the power move the power

around are then able to expand and those

civilizations flourish and they Dominate

and then the less powerful less

energetic less energy energy efficient

and less energy aware they get displaced

so examples

in pre-revolutionary war America you had

the English colonists

and they they came to the Eastern uh the

eastern coast and they engaged in

agriculture and Manufacturing

so aggro you know you're you're growing

tobacco you're growing wheat you're

growing hops you're growing cotton rye

and you're and at some point they

started smelting and creating iron

and Manufacturing Goods machinery and uh

and you know converting raw materials

like sugar

and molasses into rum and higher forms

of products so at one point

there were 20 times as many colonists in

the English colonies as there were in uh

the French colonies the French came up

the Mississippi River from New Orleans

and they came down the St Lawrence

Seaway and they engaged in fur trapping

or fur trading especially trading with

the Indians and and with Furs well

that's not nearly so labor intensive or

Manpower intensive so the colonists had

one

0.5 million people you know on the

British part of uh of North America and

then the French had 75 000.

so when the political struggle came

the uh the British the English colonists

just had a lot more manpower

and uh you know Manpower doesn't tell

the entire story because uh you know

when the Europeans came they had horses

and they had guns and they had steel and

so in that situation you could have had

less Manpower but you had more power

because you had them you had the Techno

technical power and and Machinery your

systems were more powerful so the

Indians were continually being displaced

because they didn't have manufacturing

um and they they didn't have

um the ability to project uh that power

with Weaponry but even when you would

like weaponry and uh the French and the

British both had comparable

military technology you know it's it's

almost insurmountable you know for you

to defeat a culture that has 20 x as

many people as you have

and it's very interesting there because

you know if you're hunter-gatherers

uh and you study hunter-gatherer

Societies in the p and a paleo diet what

you realize is it's it doesn't support

as many people

so uh a given uh amount of land a

hundred square miles will support

one-tenth or 120th as many people if you

engage in sort of a hunter-gatherer

Society if you if you want large

population density you have to engage in

agriculture and you plant wheat and

grain products and that's what the

Egyptians did and interestingly enough

you know if you study paleo Theory you

roll the clock back a hundred thousand

years if people lived off of a paleo

diet they had good teeth

right

um but when you go forward to 5 000

years ago after agriculture was

introduced into Egypt you find people

2000 BC that have rotting teeth

their teeth are destroyed why because

they're eating too much starch and sugar

right and uh and wheat so

if you want to live a long time right if

your goal is to stretch your life

expectancy into your 80s or your 90s you

want to avoid sugars starches alcohols

you probably want to eat a paleo diet

organic

Etc and um

I think there's enough body of knowledge

to suggest right like eating meat

10x to 20x more expensive than eating

boxed cereal products if for for a given

amount of 3000 calories I can generate

the calories with with grain products

and Breads and the like much Biscuit the

Romans actually had biscuit factories

and they manufactured biscuits so that

they could feed their armies while

marching okay so you know no way can you

haul all fresh meat for an army of 20

000 soldiers so

so there's a certain healthy diet it's

10x to 20x more expensive

than the cheap diet the cheap diet

though gives you 10x as many people per

square mile and so it turns out that the

society that Embraces Agriculture and

lowers its nutritional standards and and

basically normalizes you eat biscuits

every day

it's the society that can field an army

of twenty thousand or fifty thousand

and whatever the weapon is Spears or

guns are like right that's the army that

wins

right so can you do that your entire

life well I mean we know that at some

point you know 50s 60s 70s who suffer

from metabolic diseases but you can do

it in your teens and 20s

so what's the average age of these

armies right well I think you know the

average age was 20 30. the average you

know the average life expectancy of a

colonist in 1776 like 30 something the

average age of elizabethan's

in their mid-30s right the average age

of a Marine

today

19

the average age of someone on an

aircraft carrier 20 21 I mean these are

all college students so so even though

thousands of years have passed

Wars are fought by the Young

if you had a culture let a low energy

culture

like hunter-gatherers like Native

American Indians low energy culture they

didn't have the wheel

they didn't have the horse they didn't

have factories they had a little bit of

Agriculture probably but but it wasn't

yeah

if you if you look at Roman ruins you

will find that there are Roman Mills

that actually uh were used to grind

grain and bake bread and they would have

a series of 20 water wheels and if you

calculate their harnessing hundreds of

kilowatts of power to turn those wheels

and maybe megawatts of power to turn

those wheels back two thousand years ago

to manufacture bread the Romans raised

the level of Agriculture to a high

standard they were very efficient

whereas you know when you're engaged in

that in a hunter-gatherer type Society

or a native Society whether it's

aboriginals in Australia or the northern

American Indians or or the various

Societies in South America you realize

they just weren't channeling as much

energy right and because they weren't

channeling as much energy

uh they they can't generate the

population density and they're also not

going to be able to create the Munitions

necessary so they get displaced in short

order but then

but then you have to ask the question

yeah and there's the other issue right

the biological issue right clearly

smallpox and germs wiped out 90 or 95

percent of of Native Americans they

never really got him a chance to fight

having said all that even when things

equalize

if you have the same

biological resistance to germs and if

you have the same exact weapons then

there are other concentrators of power

that become very interesting

agriculture is clearly a concentrator of

uh because it it concentrates

nutritional energy and eventually

concentrates Manpower

uh another manufacturing is another

concentrator of power

right if you have all of the uh Iron

Works and all the Munitions factories in

your part of the country during the

Civil War you probably won the war and

if if you don't have the manufacturing

facilities to manufacture the handguns

the rifles the Canon

the ships right you lose control of the

sea you lose control of the land

when we when we advance to you know air

War you lose control of the airspace so

so manufacturing is a really important

another interesting concentrator of

power is banking

you think about it you think okay so why

were the British so influential like how

do I concentrate power and you have done

a very interesting series

of um a podcast on this subject the

concentration of power in the monetary

systems and and banking is an integral

part of the Fiat monetary system it you

know in many cases the Fiat system can't

function without the banks so

when I set up a bank even if I'm A

Primitive Goldsmith and I take whatever

a hundred pounds of gold and I issue 100

pounds of gold notes

well I've concentrated power in in my

facility and in my organization and when

I issue 200 pounds of gold notes and 400

pounds of gold notes or 800 pounds of

gold notes

right we know that the money is

effective you know we know there's a

cantillion effect and and it becomes

less effective you know as it gets

distributed but uh the society that

actually invents fractional Reserve

banking

and is able to print the money has more

paper money gives you power if you never

invented it

right all things equal if you never

invented it and your enemy did invent it

then they can use it to weaken you

um it's funny how it pops up over and

over again for example

before the Revolutionary War there were

there were some very

aggressive uh Governors and they had a

Will To Power you know and so like the

Massachusetts governor wanted to conquer

the French and you know take over the

Saint Lawrence freeway well they want to

launch the campaign

they try two things one thing is they

want is conscript all of the colonists

to go fight the war and Moses didn't

want to be conscripted

right and the SEC and when they couldn't

figure that out they have to pay them

so they actually print up paper money

and they actually issue a lot of paper

money which are debt obligations against

the future tax revenues of the colony of

Massachusetts and they use that to hire

the army they send them off to fight the

war

so it turns out that that the money

printing is another way to concentrate

the power

and of course you know what was the

banking center in that time period

London and so you so you can see

there are at least three ways to

concentrate power

agriculture manufacturing and Banking

and then you get to a fourth way and

this is very interesting again studying

the history of the colonies

um one Colony Virginia wants to declared

war on the French and they want to take

over the Ohio Valley and you know and

they want to take over Fort Duquesne and

and they want to move west so

they first try to conscript their own

citizens and the citizens fight back

you know then they actually raise money

and and they have to fight with their

own assembly and there's a back and

forth over how much money then they go

to the other colonies and they want the

other colonies to actually enlist and

send soldiers and the other colonies you

know New York doesn't want to send

soldiers to fight Virginia's War right

and uh but but what's the point the

point is that New York has an opinion

and Rhode Island has an opinion and

Massachusetts and Pennsylvania have

opinions and they have their own uh

assemblies and so the power is

decentralized

uh in uh in the pre-revolutionary War uh

uh America and the decentralized nature

of all the various governmental entities

meant that I couldn't as governor of

Virginia just to clear war on the French

and go and go conscript 100

000 colonists to go fight that war

I had to negotiate

and uh sometimes the negotiation was

send some soldiers other times the

negotiators would send me some money

sometimes the answer was pound sand

you're not getting anything

and so of course what did the um

what did the authoritarians do well they

lobbied to actually Create A Confederacy

and combine all of the colonies under

one government so that they could uh

they could Channel more power more

energy to a particular centralized

objective generally declaring war on

somebody the French generally sometimes

the Spanish right whoever had the

property that I didn't have right

but but what's fascinating about uh

studying this history and if you're

interested in the history I recommend to

anybody uh read conceived in Liberty by

Murray rothbard very notable Austrian

Economist and he writes a very detailed

history of of the colonies

before the Revolutionary War

from the point of view of

an Austrian economist

and he

he actually

takes you through this step by step and

after you listen to the history

then you realize that that fourth way to

channel power is political and it's by

constructing a centralized political

Authority

you know that political Authority might

be the king

but it but it might be channeled through

agencies

uh it might be through a Confederacy

when there isn't that Central political

Authority you tend to have

um more laws a fair in the absence of uh

of a central Authority

right you will have um

you'll have a healthier economy right

the the society will be economically

healthier and the society generally is

is mentally healthier and physically

healthier right right in times of Peace

people are able to do what they want to

do the trade relationships form such

that you

you allocate production efficiently the

overall economy grows faster and is much

larger in the standard of living is

higher

people's mental health is much better

their physical health is better 20

percent of the able-bodied men in

Massachusetts colony died because of

that Adventure you know North to fight

with the French

in this time period right and uh and so

it's like you're going to get drafted

you're either going to get cajoled into

joining the military or you're going to

get drafted and or you're going to get

in you know

basically conscripted

they're even press gangs you know the

British would come in with a ship in the

port a bunch of British Sailors would go

AWOL and so they would just uh walk on

the docks they would find a bunch of

able-bodied men and they would Shanghai

them you're now a British sailor whether

you like it or not

it's like there's you know it wasn't

even the government it was just the

local what was it you said a long time

ago that you may not be interested in

war but war is interested in you

yeah yeah

the history is just a long story of war

after war after war after war and

there's always someone that comes along

that has a new idea for another War

and and generally the war is is fought

to take to take property that someone

else has that you want

take their land take something generally

take their land

thank you

when you uh when you look at all of

these factors

you know you start to realize that

say no right and or even municipalities

right the more decentralized the Power

uh the more peaceful the society is and

the more productive the society is

because it's always uh it's always

imposing regulations

um and uh

people or you're being killed or or

30 percent of all the able-bodied men

you know in the society are drafted and

now what happens to all the factories

and all the farms and all the families

when

you know the people are drafted and what

happens when half of them don't come

back

and the other half come back you know

mentally tortured from The Experience

they had to go through

can't ignore the machines to channel the

energy because if you ignore it uh then

those machines will be used against you

right right so so the challenges is how

do I find that right balance

yeah that's quite the sweeping view of

history there

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