Unless the meaning of words is contemplated prior to speech, they are not ‘meant’, and one engages only in simulation of language.

‘Physical experiences’ are mental states (Instances of meaning) that are collectively categorised as ‘physical’.

The authors assert that unrealised capital gains on the family home should be taxed, under some arbitrary standard of fairness. I contend that the price inflation of the primary residence is not a net gain, since the like-for-like replacement cost would be identical. Another way, it is not possible to gain from selling the primary residence because one needs a primary residence, and to buy a residence of the same quality would cost the same as the one available for sale. If anything, price inflation of the primary residence is a net loss, since it increases insurance and maintenance costs.

By creating new units of currency, banks steal purchasing power from everyone’s wallet and this is why it is virtually impossible to save to buy a house without credit, because your savings are continuously devalued by this theft, which manifests as inflation.

Nr 1 rule of agency: say NO, always

Susceptibility to being controlled via the cybernetic use of language can be overcome by developing a habit of saying NO to every suggestion, request or command that did not result from our own prior deliberation and intention. Say NO to every offer until you think about it, and say NO to any pressure to think about it ‘now’ or on someone else’s terms. An action/choice that is not a conclusion of your own argument is not your action, but a cybernetic reaction: being controlled like a puppet.

The average degree of consciousness may have been elevated by existential charity shown to enemies and outsiders in the tribal past, but today this is taken for granted with human rights. Today, the development of consciousness requires charitable communication, charitable interpretation of arguments, trying to make sense together without being obstinate, inconsiderate or manipulative. The evolutionary criteria of consciousness may have themselves evolved.

Every thought is a reaction to incompleteness and inconsistencies of meaning, aiming to maintain the integrity of Self as it interacts with other instances of consciousness, who also aim to maintain the integrity of Self.

Commercial banks have the best PR. They get away with creating 97% of the money supply and charge interest on it, ship half the income to offshore bond holders, tax free, blame inflation they create on the publicly owned central banks, and have the government pretending that commercial banks don’t create money:) makes you wonder who the real government is.

Trans-identity is incoherent because it contradicts its own standard of gender-identity: https://michaelkowalik.substack.com/p/gender-identity-on-trial

The axioms I rely on in argument are just the axioms presupposed in the use of language: the laws of sense. The question ‘what are your axioms’ or the assertion ‘define your axiomatic system or your argument is not valid’ is a performative contradiction: an expression of disintegrated consciousness.

The idea of ‘reality’ is one of the most primitive elements of our mythology. It expresses our innate capacity to communicate in the basic object-language that we interpret as perception/experience. The things we perceive are said to ‘exist’ in the sense of having the same meaning for others as they have for us. In the meta-language of speech, the common meanings that represent ‘reality’ are said to be ‘true’.

If there is not enough housing then why not just build your own home, like people used to do? Plenty of undeveloped land in Australia, so what is stopping you? Please share your ideas in the comments.

Inflation is a tax; it extracts purchasing power from your wallet and puts it into the wallet of the money issuer. When this tax is imposed by private banks, it is plain theft; when imposed by the state, it may be put to legitimate use.

You do not need a credit licence to lend money that you already own (it is legal to lend your money to anyone you like, without any licence). You need a credit licence only to ‘lend’ money that you do not own (steal purchasing power from everyone else) and charge interest on it.

With every ‘home loan’ banks inflate the money supply and thus debase wages and savings. The higher the property prices the higher the rate of ‘lending’ and therefore the higher the rate of debasement. Housing is unaffordable because for decades banks devalued savings at the same rate as the growth in house prices, resulting in double the rate of divergence.

When houses are unaffordable to families on the median income (69,000 AUD per year in Australia), a market correction is inevitable. The government/banks cannot avert this outcome even by reducing interest rates towards zero and simultaneously allowing house prices to approach infinity, because inflation would also approach infinity, which of itself would force economic collapse and subsequent correction. The bottom line: house prices are never supply driven, because new houses can be built to meet demand instead of buying the existing stock. In Australia, people on median salary cannot afford to build compliant houses even if they were given free land. The average price of housing is always policy driven

Net capital gains are always zero for the family home, because capital must be adjusted for the relevant level of inflation. At any point in time, the price of your home only buys you the same quality home. If a person decides to sell in order to downsize, that person is only compensated (perfectly) for getting a less valuable dwelling. In short, any change in house prices is not a change in capital but nominal inflation of an essential good.

Tenancy vs Ownership

Landlords are liable for capital gains tax because they passively benefit from the redistributive effect of the monetary system that inflates the price of housing above the general inflation. Conversely, tax incentives for landlords or a discount on capital gains tax on rental properties has the effect of further inflating this asset class, thus making home ownership unaffordable to more people and tenancy their only option. This means that there is a growing class of people who are denied home ownership as a matter of state policy. Also, home ownership is like a lump sum rent that you pay only once, if you qualify by income, whereas tenancy involves a smaller amounts of rent that are payable indefinitely. Renting is overall disadvantageous, as it costs infinitely more than ownership, and as such it is not a rational choice but a form of exploitation that is politically imposed on a class of people.

New units of money are a claim on the property of others. There are no legitimate terms of credit, no magic contract between customer and bank that allows either party to claim property of other people and charge interest on it.

It is not disputed by central bankers that commercial banks create money, as evinced by the difference between the volume of money created by the central bank and the volume of savings in bank accounts. The only dispute is about the original ownership of bank-created money (each dollar being a legal claim on the property of others), and this is a matter of logic. I suppose banks maintain that they have a licence to inflate the money supply, and may deny that it amounts to theft from everyone’s savings and wages because it is legalised expropriation of the purchasing power. Nevertheless, a licence for one private party to take the property of other parties is still a violation of property rights. Even if private expropriation of wealth is formalised by legislation, it is unconstitutional, because it violates the standard of normative universality (equality before the law and equal protections of rights) that underpins its claim to universal legitimacy. Lex iniusta non est lex.