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a reindustrialization of the US homeland with the prosperity and sense of a national project that would bring along with an expansion of the national security apparatuses to train a new officer class, one that would include all kinds of overseas appointments and adventures, along with letters of marque and other private adjuncts to the state
money is a bet on the future and the imperial power best positioned to instigate and control discontinuities across the world, to bet on futures itself, on itself as future
Reading a history of the bond market recently, and the author noted that Britain defeated Napoleon mostly because their consol bond market left the British military much better funded than France’s weak post-revolutionary capital markets.
One Alexander Hamilton studied the British bond market, and then consolidated American revolutionary debt into one tradable market, which gave birth to what became the New York stock exchange, Liberty bonds, and the world’s largest capital markets.
An army might march on its stomach, but it’s borrowed money that pays for the food and ammunition, and the one who can borrow the most generally wins.
center study retweeted
Centre study is the rare contemporary example of a theory that can plausibly claim to ‘have laid a trap for reality to fall into’, the appearance of some other theory more attuned to the exigencies of the moment can never be ruled out but time to theorise it was ten years ago.
center study retweeted
lexical arbitrages, idiom yield curves, semantic pegs, meaning slippage rates, linguistic volatility spreads, connotation carry trades, cross-dialect swap lines, options on translations, fluency margin calls, mimetic call options, semantic dark pools
lexical arbitrages, idiom yield curves, semantic pegs, meaning slippage rates, linguistic volatility spreads, connotation carry trades, cross-dialect swap lines, options on translations, fluency margin calls, mimetic call options, semantic dark pools
All companies in these sectors will need to hire other companies to provide such assurances and it is my hypothesis here that the companies they hire will ultimately form a single company, capable of handling data transactions across the board. That's the residue of what we now call the state.
"There might be many firms offering judgments, perhaps specialized across separate fields, but I would hypothesize the emergence and perhaps continual re-emergence of a Centralized Data Security Firm that attains a temporary monopoly on treating data for purposes of judgment.
That firm will exercise the closest thing to what we currently call “sovereignty.”"
center study retweeted
Some distilled learnings from Center Studies:
1) Deferring violence prevents societal collapse
3) Resentment needs to mitigated to defer violence
4) We should earn authority by settling disputes, not by winning them
5) We should invest past our own lifetimes
6) We should extend credit to newcomers
7) We should name our successors before we need them
8) We should turn every complaint into a request to someone who can act on it
9) We should settle our own grudges before judging anyone else’s
10) We should mean what we say, and treat our words as promises
11) We should reform institutions plank by plank, never by tearing them down
12) We should know whom we imitate, and live so we’re worth imitating
13) We should treat labeling data and training AI as honorable human work
14) We should learn our rivals’ languages before trying to replace their ideas
15) We should build independent places where people can agree on what is real
center study retweeted
"I have been hypothesizing the modern state has its origins in the double move of the English monarchy to fund its operations through debt provided by the Bank of England along with its introduction of the two party system of governance, which is to say rotation in occupation of the center.
The Bank is put in charge of the “outside spread,” or made the lender of last resort, removing money making power from the monarch or prime minister as center occupant; meanwhile, the “outside option” (terms borrowed from Colin Drumm’s dissertation), or the replacement of the center occupant in a manner at odds with the will of that occupant, is “internalized,” made part of the regular rotation. It follows, then, that the rotation system is tethered to the fluctuations of debt and repayment, which means that governance primarily serves to maintain a certain “spread,” determined by the financial class, and governments rise and fall depending on how close they are to the middle of that spread.
All the issues that are contested in politics, then, do concern justice, but justice itself is constrained by the maintenance of the nomos (originary distribution), while the nomos is subjected to rearrangements depending upon proximity to debt availability."
everyone wanting the same thing must endlessly be converted into everyone saying the same thing
language is a field of monuments (names, landmarks, ceremonies, holidays, idioms, etc) that commemorate moments when the crisis of imitation was resolved by someone reversing and converting the cataclysmic mimetic trajectory of everyone wanting the same thing into everyone saying the same thing which was done , first of all, by treating it as something said rather than an appropriation of something
language is a field of monuments (names, landmarks, ceremonies, holidays, idioms, etc) that commemorate moments when the crisis of imitation was resolved by someone reversing and converting the cataclysmic mimetic trajectory of everyone wanting the same thing into everyone saying the same thing which was done , first of all, by treating it as something said rather than an appropriation of something
play at the end of currency
"hypothesizing the end of money, and therefore monetized debt, through the conversion of assets into data and the conversion of all exchange into data exchange."
— Dennis Bouvard, "Play at the End of Currency" (2026)
center.study/post/play-at-th…
