“People only go into debt in an emergency. So we increase the national debt and circulate more and more purchasing power to keep the economy running by having wars. It’s a perpetual state of emergency. But actually, going into debt is gobbledy gook. All you’re doing is issuing credit based on the productive part of the community. We are not in contact with the physical world. Imagine if young people become aware of this?”
— Alan Watts
By the time they do they are entangled in it themselves😕
going on since Reagan era what's new abt it ! wait for end game
Alan absolutely would have been a Bitcoiner. I think about him very often.
The best way to handle debt in a fiat environment is to get as much of it as you can afford per month and load up on real/hard assets.
The real value of the debt keeps falling while your assets keep rising.
First time I'm seeing this quote!
Having trouble finding the exact source. Do you happen to have it #[2]?
Yes sir. My first time hearing it as well. It’s in this lecture titled “The Psychedelic Explosion” in the Waking Up App. He has lots of other good quotes in this. Even about how money is originally based on gold (start at around 45 min mark)
The Psychedelic Explosion -- from the Waking Up app. Click on the link to listen now.
Alan Watts predicts #Bitcoin in this 1960s/1970s lecture
“One thing seems to me to be in no doubt at all, that something has to happen, and happen fast, if we are to again get people to be aware of physical reality, to get in touch with the natural universe, with their own bodies, and feel that we are one with all that. Because, if you feel that you really belong, that everything is something in terms of which you exist, then you can take a friendly attitude towards it, and you’ll want to use technology in a cooperative way with all that.”
— Alan Watts
#[1]
Oh yes he knew 🙌
