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New Zealand, survival without gold reserves

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 Can New Zealand and other countries, like Norway and Canada, survive as we know them without gold reserves? In this blog, I've always kept away from politics; I just see patterns. With the current rising gold price, it is no different; I see it as a fractal question. I see an economy as a fractal, and the measuring stick of the economy as money, and money is (historically) gold (and silver). Hyperinflations are exponential, and fractals point to the mathematics of exponentiality.   I have a strong interest in money, aways have, even if I'm hopeless at making it. I think fractal thinking may help us think about how this could play out. Before I go there, it is, to reiterate,  my fractal thinking that underpins my view of the importance of gold and silver as a measuring stick in an economy. They are a unit of measure. I have discussed this inflation comparison or analogy with the  coastline paradox. This is my claim on what price inflation is . Fractal thinking i...

Changing acceleration rate of the universe fractal paper

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  On New Year's Eve, I worked away at finishing a paper I'd started a month or two earlier. I wanted it to be a paper in a day it ended up being a month or two because I left it and worked on my book. But I knew I had to finish it before the end of the year, and when I set my mind to something, it usually gets done if I stick with it. Anyway, I published a paper in my usual(s).  Changing Acceleration Rate (Cosmological Constant) Endogenous to Empirical Fractal Cosmology Model In it, I linked the recent observations—be they Sigma 4—that the acceleration rate is decreasing with time (it is less now than in the past)—to my fractal model, which I published in the International Journal of Quantum Foundations and which demonstrates this property. The following diagram is pulled empirically from a model of a growing fractal. It directly demonstrates how the acceleration rate changes with time and distance. This is precisely what the universe is doing, along with Hubble expansion and ...