Here: http://energyfromthorium.com/

A nuclear engineer friend of mine explains that investment in such beneficial technologies is hampered by legitimate fears that new projects will be shut down due to irrational, fear-based regulatory policy.

Because there's no way a national government would allow its chartered monopolistic currency issuing bank to help commercial banks profit at the expense of taxpayers.

FTFY.

Thank you so much for this wonderful post. You do a great job explaining the real benefits of home schooling while destroying the strawman arguments agaisnt it.

He clearly states in his first statement he did student teaching.

I think you're missing his point. The public schools reinforce tribal behavior. The more people who don't get that experience, the better off everybody is.

I never found myself capable of navigating the social realities of schools. I found that the minute I entered the workforce, I was able to deal with the social realities with ease. None of the "socialization" I got in school applied. Adult society is different from school society/youth culture.

This kind of thing, in a small but significant way, starts to tip the social balance further in favor of males who are wealthy enough/risk tolerant enough to take a chance on this kind of thing to dominate against younger males.

On the side of the wealthier males, it could tend to change certain workplace dynamics. Not sure what exactly that would do, but without economic growth, it could lead to slightly more workplace conflict.

On the risk tolerant side, I see a risk of widespread increases in antisocial behavior as young, aggressive males amp-up their natural tendencies. Violence and crime are likely results. Given that we're already past the societal stage where we kill off lower-class males in wars of attrition, we're going to be facing an unprecedented dynamic with larger numbers of aggressive males than society is accustomed to.

Why is my experience that this is not the case? Why are we seeing extremely low unemployment rates (2.5%) in software engineering? Why are wages for software engineers averaging at about 6 figures, and one of the few careers where wages are not totally stagnant and falling behind inflation? Why do I get the distinct impression that people with more education and less income are somewhat envious (possibly even resentful) of the success I've enjoyed?

No, an *increase* in expected inflation rates devalues loans. The anticipated inflation rate is already priced in to loans. The Fed's program of purchasing loans in exchange for digital dollars provides a strong incentive for banks to lend at lower rates than they otherwise would, because they are able to ignore the likelihood of increasing inflation rates. Once you hand off the loan, why do you care what the rate of return will be on the debt?

BTW - people don't loan TO the Central Bank, as you said, but borrow FROM it.

You're not reading the news, are you? On this planet, the central bank loans money to the government and commercial and commercial banks at well below the inflation rate. The europeans are actually paying the Swiss to borrow their currency now! http://www.bbc.com/news/busine... http://www.theguardian.com/bus...

Tell you what - please take a look at the new money generated by the Fed to give to the banks in exchange for their "assets" since 2008. The banks will hold dollars instead of bonds and mortgage paper. They currently hold twice the amount of dollars in their excess reserves alone than existed in the monetary base prior to 2008. You don't think they're in a much better position because of the massive money creation that directly went to them? I get that the money's worth less and less, but what people never seem to comprehend is that whatever money is left after the debt collapse will have purchasing power. Only the banks will survive the cascading debt defaults, and as a result they will own everything.

I know exactly how money works. Money is durable, divisible, easily transported, maintains its value, and is resistant to decay. Gold is money. Promises to pay gold in exchange for notes are currency. Promises not to pay gold in exchange notes are fiat currency.

That's not correct. The recovery started after the war, due to the existence of pent-up demand for good and services backed by the available household/personal savings glut which had developed during the war.