Slight correction: Edison settled on carbonized bamboo filament (and he wasn't the first to use a carbon filament). The tungsten filament lamp came several years later, and not from Edison.

Wrong.
Backups have to be on media that is completely disconnected. No data and no power. Otherwise it's a copy.

They will, however, keep selling more and more ridiculous ship designs for more and more ridiculous amounts of money before the game is finished.

And what makes you think that squishing two AI brains would give you twice the intelligence? About the only thing we can reasonably say about a working implementation of general AI is that it must be closer to an animal brain than a silicon processor. Look at sperm whales. Their brains are 5x more massive brains than humans, and yet no one would say they are 5x more intelligent.

3D interconnects? You mean like the ones that have been in chips for decades?

Transistors are not neurons. They don't process like neurons, and they aren't plastic like neurons.

You're missing the forest for the trees. Even without a central bank this would still happen with regular banks. Even with a commodity-backed currency this would still happen with regular banks.

There's nothing inherently wrong with the creation of capital through lending. The problem is that too much leverage results in speculation and Ponzi schemes. The dose makes the poison.

I'm not so sure it's different. There are still far too many companies, with advertising as their only source of income, valued at billions of dollars.

You can't buy shares of Dropbox because it has not gone public yet. It will. Almost all of these highly-valued internet companies go public, because they were funded by VC's who expect a large, quick payoff.

Not when house buyers were being told they could sell their house next year to pay off their zero-down 110% mortgage at a profit. The Fed is not to blame for the predatory lending practices of the giant corporate banks.

The slow and steady rise in Fed-held US treasury securities prior to the crisis was a drop in the bucket compared to the amount of mortgage-backed securities they had to take on to stabilize the housing market.

Unless of course reducing the budget by 1% reduces GDP by 2%. Then it's actually impossible, because the budget is financed by taxes.

Governments are not households.

While it is true that there is no provision for an EU central bank to issue new currency, every bank creates currency by issuing debt. Thus, the EU is not zero sum.

Please stop comparing governments to households. It's misleading. Governments are far closer to businesses than they are to households. The rest of your post was spot on.

A household runs a deficit to fulfill personal needs and wants. Businesses and governments run a deficit to finance future production. In a recession, governments have the critical role of countering deflation by either taking on debt or creating central-bank money. Deflation is horrible for an economy because it discourages investment. Greece and the other EU countries naively signed away their ability to create central-bank money when they joined the EU, and thus are left only with taking on debt.