[ExI] Free Trade

[John Clark]

On Mon, Oct 13, 2025 at 6:52 PM <spike at rainier66.com> wrote:


> *>>…Conditions are no more likely today for deficit spending to cause an
>> apocalypse than they were 200 years ago, but conditions are far more likely
>> to cause an AI singularity than they were 200 years ago...   John K Clark*
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> *> This argument assumes the US government already has an infinite credit
> limit.  I am suggesting it does not.*
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*As I've said before, "the yearly budget deficit need not be exactly zero"
and "the yearly budget deficit can be infinitely large" are not equivalent
statements. In fact the difference between the two is quite literally
infinite. However it would be correct to say that the yearly budget deficit
can be arbitrarily (not infinitely) large if productivity increases fast
enough. And in the era of superintelligent AI and Drexler style
Nanotechnology the rate of increase would be very large indeed. *

*John K Clark*






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