Navel of the world


You are infinite layers of dreams ever fountaining, I know. Breaks me a hundred times, I celebrate the beauty in your fleeting illusion.

From your heart and onto your heart, everyone molts a million times.

The lavish theatre of their floret of sufferings, swirling with the one flower head

Mother, white conch,

if there is no one around,

I am the medicine, your milk welling from the navel of the world.

Both Ends of the Knife

It’s you again

Seen you yesterday and the day before,

now I’m on the other side of the knife.

from this angle the old blade pulled out from my chest by an inch,

and I try to stab her shallower than I received from you by two inches.

Three times around,

I think that’d eventually melt the blade.

Everybody with infinite chances,

in externalizing their toxin

into the carousel of turning tables,

the world evolves,

as you gush into the river of suffering

for five million years,

the legendary bird moving a mountain with its beak,

to the ocean and back,

you dip your blade in the river of suffering,

and see the karma decay from tide to ripple,

the mountain flattened, ocean filled,

you are gone,

in the first beam of the sun.

The black and white push and pull,

until I don’t hear that metal-scratching sound, see the rust of erosion,

I marry my dark ocean, subconscious mind.

Mother, to tell you the truth, I was the beauty, and the beast, the swordsman and poet.

Solve et Coagula

I see you everywhere,

From circle to circle, tribe to tribe.

I see glass bubble form, when you say you are anything,

I see glass bubble crack, when you say you are anything,

do we still dare to say,

what sound comes out of it?

I see you burnt into ashes

visitors pester your tomb,

and let another tornado blow them clean again,

I see fire rises from your ash.

Kind of a solid fluid spirit this time,

nothing kills a spirit.

A Haiku

The void was given a bronze shell,

temple bell echos the sound of the sun in dawn and dust;

A song from heaven was given a vocal chord,

You sing here to this world.

Mar. 02. 2023

Lover, Key to a Hidden Door

It was eleven past four,

I parked my car in the Lovers lane.

loud banging on the door, like the resounding pain and loss,

when her dream and my desire, once again collided and missed each other.

She isn’t behind the door. Now it’s just me and the empty house.

A key fell from the door crack.

There it opens, and a song goes:

You are initiated,

into the invisible layer of life occurrence, your glorious fate ongoing,

The real initiation is the natural process of the universe unfolding itself to you,

like lotus opening petals, cloud open layer upon layer.

The ladder, extended, a secrete between you and life.

Only at the moment when you both deem so, you were given keys, for doors after doors,

of a path that you chose.

On that path I walk,

I am human and beyond.

I am human and beneath,

I travel long ways, from two ends,

as the white dove descending,

as the red serpent rising,

I am the lover, twins in one.

On my way growing down,

life through me, cascade like lotus,

on my way growing up,

I through life, open like rose.

Merge, part

from the beginning of life, in countless lifetimes,

evolution intertwine.

When the time is right,

I will meet you at the center of the cross.

When the timing is right,

I will meet you at the border of sky and earth.

2022 8 22 4:11

it’s raining cats and dogs in Austin

Fable 01– Tao is Right Here

Animals, Fantasy, Line Art, Bird, Fox, Countryside
illustration credit to GDJ at Pixabay.


There was an apprentice who hesitated long enough on which tool she should pick up to reach enlightenment.

First she had to locate where the destination is.

Christians say it is above. Taoists say it is here within everything. Buddhists say it’s in the emptiness.

Then she needed to know the key.

Egyptians gave her a tree hanging with silent shining fruits; When the Egyptians lost their sound to name the fruits, the Jews preserved them with the sound of Hebrew; Christians marked a cross on the tree. Taoist say work on growing the fruits through breathing and simplification; Buddhists say through investigating your problems.

And every school has its language, prayers, glyphs, rituals, deities and splendid Kingdoms. At the orientations, the young students were given pamphlets written with brackets of brackets of information alluding to the unknown esoterics. No guarantee it is enlightenment sitting in the bracket.

She got a bad feeling that it is not her first lifetime tangled in this bafflement. When she was in 3rd grade, her father gave her a fable to recite for a school contest. The fable talked about a trapped fox who got a million methods but no way to get out. Way, path, Tao, is the same word in Chinese. That fox probably died while contemplating on which way to go.

She realized it is probably why she had failed at it last time and is here on earth again.

That fable suddenly shined like a white stone in the river of her memory, while she is stuck at the entrance of the Taoist’s way, the Yogi’s way, Buddhis’s way, and the Hermetic’s way again. All are splendid, all have shown wonder or magick, each differently. Hesitating, she remains in the cave, in fear of the practices may lead into different kingdoms.

The universe abhors her failing at the same spot every time, or her multiple life procrastination. It gives the classic initiation, suffering; it kicks her around, raises havoc in her life, no peace until she picks up one, any one.

Out of shock she grabbed the most convenient one and moved the step. Not the one by her lineage.



From drowning in the suffering to moving towards the cave door, this is how it went.

First, there was pain. Virtue and evil coexist in her. Sometimes she understands it’s her own responsibility, sometimes she blames those who gave her life and lessons.

From the abyss she asks,

“Why was I born here on earth, half-aware and half-blind? I followed and practiced after you for the past six lives. What did I do to be cast into the most unilluminated world of all? I looked into fellow humans’ hearts and minds, it was pitch dark with rare sparks of light and compassion….”

In the storm she asks,

“What karma brought me here? ”

She knew she must have messed something up to be dropped in the black box.

Some clarity sprinkled with some unilluminated darkness makes the pain really sensible, highly. She asks why the universe chooses her to bear so much darkness projected from “others'” darkness and the pain inflicted by “others'” numbness. For she did not recall committing unforgivable sins. How is someone mostly kind and good deserving the most pain?

Even when the “external” disasters stopped, in a seemingly peaceful life she still was thrown off by the wind cuts. Whenever she saw shadows in others, she aches for there are impurities in human hearts.

She prayed to merge with Tao. “Please teach me how to fly in Mundi.” she asked. It was the way she knew to ascend and leave earth.

Her teacher said nothing but asked her to peel the onion.

She peels the onion; it was so pungent, her tear came down. It reminds her of all the suffering on the face of the earth she and others went through.

“From where does the pain come from?” The teacher asked.

“In my heart, for the shadow shrouding this earth.” She wept.

“‘My heart’ is an illusion. The shroud is an illusion.” the teacher said.

“How many more incarnations until I start climbing up the ladder of ascension?” She asked.

“Tao is not up, down or in the left, or right. ” the teacher said.

“I can’t bear with the suffering for any longer. “

“What suffering?”

“The vicious saw me and tread me with humiliation and shame; They are hurt at the sight of my light and I am hurt at the sight of their darkness. “

“The opposite is also in you still.” the teacher says.

“They shred me into pieces but I can’t harm. How do you handle this? Do I lack a tool? Tell me please, which school of practice solves this problem and sends me into ascension faster? Taoist, Buddism, Yoga, or Kabbalah? “

“Just peel the onion.” Her teacher said, “and don’t forget courage, courage out of compassion.”


Thus she heard.

Get to know the Onion.

Thus she heard, when she was lying on the acupuncturist’s clinic bed, after causing two modern therapists sad and at a loss of what to do:

“My teacher said, it is here and not here.” The acupuncturist twisted the needles under her skin, “You can feel it, right?” sending the thin river of Chi currents flowing down that path. The healer showed to her the first layer of the onion.

Thus she heard, from ancient Taoists coming before her, the type of breathing that generates the energy is there and not there, formless and soundless. The gems and elixir they left in the poems and music notes led her to peel the first layer of the onion.

Thus she heard, from Surangama Sutra, Ananda asked Buddha if the awareness is in the body or outside of the body. Buddha denied him twice. Buddha did not say what it is, he just kept peeling off for him what is not. “Not in the body, nor outside of the body.” For polarity is a misunderstanding. They are one, here and now.

Gate to Shangrila, Way to the Garden Paradise of Dilmun, All the best things, here and not here.

Once she had a peek at the core layer, she stopped crying.

The cloud opened; the sky is like a hand holding and pouring down iridescent light.

The light is the champagne, and she is the living glass.

Her internal layers flipped outside and were shown in nature. The internal and external became interactive. It has always been. The waving tree; under the moon, the cat and the fantastical rodent walking on the same fence; the greeting passerby; people speaking her mind; She meets what she wants. The balance reached the nature and living beings in that neighborhood. The world she lives in encompasses all, layers upon layers like the onion. The virtue and purified humanity she wanted for all is in here. There is nothing to correct. It was her. At that moment in that vicinity, there and then, it was all good.

Tao is right here, in her and everything, in the middle. How do you tell people where “middle” is? At that moment she is grateful that humans are born symmetrical — some odd questions she had about creation and anatomy. Otherwise, how would you describe to someone who hasn’t opened the onion where to find Tao, something metaphysical shown in the physical.

Like lost travelers asking where is the road sign to heaven? Like that song, From her to eternity — Enter through desire, walk towards the mountain Mashu. The road will be less bumpy, and we will be less obsessed. We glide smoothly.

Or magicians who weave magical fantasies, from looking within to the middle and act outside in the middle. Virtue is where we arrive. That most worldly, mundane Confucious scripture left untouched, whose light seemed dulled by all the book of gods and grimoires, describes how we live eventually, naturally, towards Mt. Mashu.

西山暮霭 董其昌

The destination is here and not here, so soften up. Do not obsess.

Where is Tao? You can trust that it is in the “middle”, not just in your body because you and the world are one. Breath, down and up the middle, until there is no breath. From Nihara 止息 you enter Upasana 寂灭生死. Breath is the motion of the pendulum, through ceasing it, you escape the door of life and death, float above the illusion of the theatre, like that Hermit in Crowley’s tarot card. Act, between compassion and valor. Live, in silence. What does silence have to do with the middle path?

She learned that the shadow triggers and cuts her heart because some of it is still in her.

From then on she rests in silence. Of a pair of contradictions, had the opposite statement isn’t in her, she wouldn’t be debating it in her mind. Had she not been debating, she wouldn’t be talking. Listen to the words said, but hear their opposite ends. What is hidden is true. If she is hurt by the darkness in others, if others “shown” evil hurt her, aka their dark values contradicted with hers, eliminate her hidden evil first. Out of compassion, feel the mighty braveness. Filled with mighty, she sits still, does not fight. — it fits Laozi’s description of Tao.

Then she saw her past trajectories, back 10 years, 20 years, a life time, many life times, she was dancing erratically around Tao. Tao is there like a verticle middle line. Her dances deviated, but never left it, intersected with it here and there, yet to merge with it. It was beautiful.

Life on earth, appeared to be unenlightened and avarice, it encompasses Tao and everything in between. It is beautiful. Diversity makes beauty.

No one threw her here as a punishment. She is here because she desired it, because she is yet to understand how to enjoy life without desires. Suffering and drama came after desires. There is something masochism about reincarnation as a human. All pain is self-inflicted by desires. And we asked for it.

From the Taoist classic, The Secret of the Golden Flower: “The seven souls generate desires; the Spirit wants nothing more. The souls are Yin. The Spirit is Yang. The souls want death; at the underworld they eat fleshes and drink blood; The Spirit wants to live …. kill the souls and retain/rule with the spirit.”

We asked for the deadly erratic dance. Our heart and the souls were moved, hence we are here.

Her teacher gave her a mirror with a cross on it. He said, everyday before you walk out, place your body in that cross, so you are in the middle; then walk, between courage and compassion. which Buddhism calls, Vajra and Bodhisattva; which the west called Mars and Jupiter; which Laozi called Valour and Compassion.

Then she thought, the reversed cross given to a devil must be the opposite of that pair. His is Fear and Greed. But his is also part of IT. She does not hate or fear the devil anymore, for she saw him standing at a checkpoint of a layer of the onion, guarding polarity, the law of matter, and one feature of matter, time.

How to be at ease with him? Do not drive by deadly desires, that energize the erratic dance.

Though she doesn’t know what is a true will and how to power life with it yet. The pamphlet at the orientation said nothing with lots of words: words, the sealed containers only allude to but empty of meanings. She trusted the ancient Wiseman to keep walking a path.

— for all the beings who are sensing the suffering, which are the beads on the rosary of transformation.

InnerVision#2: Macro Madness, This Is Where We Are and How It Runs

The circuit breaks from last March were shocking. It is crucial to understand Covid was merely a catalyst to the economical downturn. As I listen to this interview from last year more, I felt that we are living in absolute madness — how the economy runs makes sense, but for the worst reasons.

InnerVision #2: with Qi’ao Wang, partner at DeFi Alliance, and Leo Zhang, founder of Anicca Rsearch.

0:53: Qiao: this isn’t 1929. Fed reacted fast, yet Congress has not done a good job. QE infinity was “ridiculous’.

3:07: Recap of Fiscal Policy, Monetary Policy, and the new model, Modern Monetary Theory, or MMT.

5:56: The real reasons for an inevitable Crash — before Covid, the debt level.

8:06: When U.S. expands inflation before WWII, Germany was the epicenter, US was not.

9:09: The Reserve Currency Status gives the exorbitant privilege, which prevents the dollar from debasing — as long as there is demand.

10:53: But inflation will come in the next few decades under an irresponsible monetary policy.

13:02: retail investors around March last year pumped the market using Robinhood.

17:07: Stock Buybacks: Pros and Cons, and why has it become THE Drive for the economy in today’s market — lack of investible tech break-throughs. “Corporate buybacks makes 90% of stock inflows over the last decade.”

20:47: the Moral Hazard of Low-Interest Rate environment — too much capital too easy, yet the opportunities to invest were limited.

22:19: Leo Zhang: the crypto ICO bubble in 2017 could be a by-product of this overly abundant capital inflow. the initial misalignment of VC’s expectation of the crypto projects and where blockchain really is in its development phase. misalignment of incentives from the big corporation’s CEOs: their bonus is tied to the Earnings Per Share of the company’s stock.

26:35: I take back what I said here about IBM’s AI research after checking out what IBM-Q is about.


Cheng 0:00: 我们将通过谈论鲍威尔在周三召集的美联储议息会议来开始本次访谈。他演讲的三个要点是,未来几年利率将保持在接近零的水平。我想弄清楚这对不同的社会阶层意味着什么。他建立了他关注长期通胀的指数,它是稳定的,但短期通胀率仍低于 2% 的目标,尽管他们自3月15日以来大量购买国债。我相信。所以。是的。那么您如何看待自 3 月 12 日市场崩盘以来该网站的行为?您如何将其与 1930S 的可比型号进行比较?

Qi’ao  0:53:是的。认为这与 1929 年的大萧条大不相同,因为在当时,他们花了很长时间才对市场崩盘和经济衰退做出反应,但这一次,美联储将利率从 1.5 降至0.5.,您知道,在SMP 开始崩溃,并且 COVID 袭击了美国之内的两周,他们宣布很夸张的无限量化宽松。在上一次 FOMC 会议上,他们宣布他们可能会将利率维持在零,这就是未来几年的下一个利率。实际上,J pal 说,我甚至没有考虑提高利率。所以这很有趣。但总的来说,我认为这是美联储历史上迄今为止我们所见过的最激进的货币政策。总的来说,我认为,只要你不是,像奥地利经济学家,你知道的,意识形态的狂热者,我想你会同意联邦储备做得很好。另一方面,相比之下,我认为国会在出台财政政策方面做得并不好,对吧。所以我认为在货币政策方面,我们做得很好,但财政方面,我们没看到什么举措,我们做得还不够。

Cheng 2:44: 那么你能解释一下什么是财政政策吗?因为我看过一段视频解释,我们有类似的轮换,每 45 年,前 45 年是使用财政政策,然后后45年交替用货币政策。似乎第一个是为了社会利益分配。

Qi’ao  3:07:是的,货币政策基本上是在操纵货币供应和利率,我的意思是,供应货币,利率之间有很强的关系。如果你提高利率,你可以减少货币供应。你还可以通过直接购买所谓的国债和抵押贷款支持的证券来增加货币供应量。这就是人们所说的 QE,量化宽松。这就是货币政策。财政政策通常是由所谓的政治家制定的,他们可以直接向家庭提供资金,也可以向企业提供资金,他们可以操纵税率。但总的来说,两者之间的区别在于,你知道,一个是操纵货币供应,另一个是几乎其他所有东西。

Cheng 4:09: 国会决议的政策更多是关于分配?

Qi’ao 4:16: 但传统上,这是更多的税收。正确的?如果您想增加经济中的总需求,您通常会减少税收。这就是他传统的工作方式。但是今年,国会,你知道,按照历史标准,他们非常激进。他们直接向家庭和小企业提供资金。所以这就是人们所说的直升机撒钱。好的。但在不久的将来,我们可能会看到更多这样的情况。事实上,我们可能会看到人们所说的现代货币政策、现代货币理论 MMT,它就像是货币政策和财政政策的混合,或者我应该说是合并。所以基本上,美联储会通过增印货币并直接交给国会,国会将把它交给家庭和小企业。

Cheng 5:15: 你说国会在这种情况下做得不够,但他们向低收入人群发放了 1200美元的支票,我认为,还有PPE项目。所以你是在批评那两项力度不够?

Qi’ao 5:28: 是的。我的意思是,中央银行家和政界人士,他们(说好话)口是心非,就像他们必须,你知道的,对经济和经济工作持乐观态度。但现实是,经济在疫情之前开始的衰退,疫情基本上只会加速衰退。我认为,世界贸易在 2018 年末开始下降。先行指标指数,你知道的,PMI 等经济指标,在 COVID 之前就开始恶化了。像你说的,经济中的一般债务水平相当高。企业杠杆率很高。家庭没问题。但总的来说,在疫情之前存在很多风险。 疫情基本上加速了经济衰退。

Cheng 5:56:那么2018年发生了什么?使得世界贸易开始放缓。

Qi’ao 6:23: 我们不知道。我的意思是,宏观经济学是非常、非常、非常复杂的系统。我们不知道是什么原因造成的。我的意思是,你可以争辩说,美国和中国之间存在贸易战问题。总的来说,你知道,很难说是什么导致了经济衰退,就像经济周期一样,总是各种相互关联的事件的积累。你不知道催化剂是什么。但我们现在所做的是关闭整个国家,加速了经济衰退。

Cheng 7:19:不过,我想从这里谈两件事。一是债务与GDP之比。这是人们监测债务危机时观察的一个指数。在加密领域,疫情之前,就有人在谈论这个话题了。然后我想谈谈另一件事,因为我正在看 Ray Dalio 关于债务周期的书,您都看过了,(二战前)美元流动性发生问题后,向世界蔓延,美国不是受打击最严重的国家,是中欧和德国成为震中,你知道,因为他们当时使用美元作为储备货币。我不知道我是否准确。未来还会遇到这样的问题吗? 我们会看到美元短缺给地缘政治带来什么问题?

Qi’ao  7:25: 所以,好问题,只要美国还有美元作为世界储备货币,美国就永远享有所谓的“过度特权”。所以每次经济衰退来袭时,美国可能是经济上最安全的国家,因为他们总能印更多的钱。与没有储备货币的新兴市场和国家不同,在美国印钞或印美元不会导致通货膨胀。因为印钱基本上就是增加货币供应量对吧?但只要需求跟上供应的增加,就不会出现通货膨胀,也不会有货币贬值,或货币价值缩水。在经济衰退期间发生的事情是世界上每个人都想要美元,当经济衰退来袭时,出于各种原因,一个是,你知道,美元被认为是最安全的货币。但另一个重要原因是世界贸易实际上是以美元结算的。那么,人们需要美元来支付账单,对吗?即使你不在美国。

Cheng 8:06: 所有公司在做国际贸易时,都以美元结算。

Qi’ao 9:09: 因此,对美元的需求总是存在的。事实上,当经济状况不佳时,美元的作用不止于此。所以发生的情况是,需求的增加抵消了供应的增加,因此以美元计算,实际上没有任何通货膨胀。所以真正发生的事情是,当美联储印钞时,你可以争辩说美联储正在向世界其他地方输出通货膨胀。所以这就是人们所说的过度特权。这就是为什么只要美元是世界储备货币,美国始终是经济上最安全的国家。但问题在于,回到你关于 Ray Dalio 的观点,对吧。问题是,如果你印太多钱,在短期内,你很好,国家很好。但从长远来看,在几十年的时间里,人们对你的货币越来越没有信心。所以从长远来看,如果你继续印钞,并且不收紧资产负债表,当好时机到来时,将会发生的事情是你将失去储备货币的地位。这可能就是未来几十年美元会发生的事情。

Cheng 10:41: 好的,让我们谈谈股票回购。所以首先,就像股市在会议结束后的第二天崩盘一样。不知道有没有关系,应该没有。道琼斯指数下跌 1000 点大约是 5%。比特币下跌了大约8个百分点。嗯,这是三月以来的第二大下滑。对此有什么见解吗?

Qi’ao  10:53:坦率地说,我不认为他是因为美联储,就像杰伊霍尔所说的那样,因为市场本可以立即做出反应。对,而不是等一夜。我认为有几个原因。我的意思是,我们正在谈论股票下滑。也许上周,上周末,对吧。比如周四、周五?对吧?我认为有几个原因。第一是我们太快就走得太高了。就在此之前,有很多来自散户的投机。在那之前几个月,罗宾汉的用户。

Cheng 12:30: 请解释一下,我不太明白。

Qi’ao 13:02: 是的,所以我的意思是,罗宾汉是一个交易应用程序。它是一个非常好的应用程序。就是这样,它绝对是为DeFi赌徒制作的。他们有一些非常花哨的配色方案。它在你赚钱的时候让你肾上腺素飙升。是个非常好的App。而且股票市场几个月前一直在上涨,所以散户FOMO(错失恐惧症)了,加上他们从国会那里得到了很多钱,例如600 美元失业补偿金,PPE。所以他们有很多钱,但他们不知道在哪里花,所以他们开设了一个 robin hood 账户,开始交易,他们所知道的就是购买廉价股票。所以他们买了像HTZ,Hertz (赫兹租车)那样的股票,这是一家申请破产的公司,这绝对是荒谬的。他们把赫兹的公允价格推到它公允价值的四倍。所以升得太快了,对吧?标准普尔 500 指数一路攀升至 3200,这就是原因之一。另一个原因是,你知道,美联储有点减速印钞,所以印钞比 3 月份少。所以市场流动性比较差。总的来说,这并不好。这对市场来说也是利空的。但这可能已经持续了几个星期。第三个是疫情的相关数据。美国很多州都重新开放了,而且它们在 4 月份开始重新开放。在 4 月之前,我认为曲线之类的数字基本持平,曲线趋于平缓,但是一旦它们重新开放,我们就看到 COVID 数字以及加利福尼亚州、德克萨斯州、佛罗里达州等地增加了。所以市场是有点被那个吓到了。因此,我认为这三个事件的组合可能导致了崩溃。最后,上周四,这是一次 5% 到 10% 的崩盘。

Cheng 16:23:那么让我们来谈谈是什么在抬股价。股市听起来好像是富人通过股票回购在抬股价,然后低收入者用直升机撒钱来做这件事。股票是目前大环境中唯一上升的东西。然后让我们回到比特币和股票市场之间是否存在相关性,我觉得是有的。这个问题我请Leo解答。好的,那么让我们谈谈股票回购以及华尔街的股票市场如何与实体经济分开,以及股票现在如何代表经济?你如何合理化这一点?

Qi’ao  17:07: 嗯,所以双方都有很多支持和反对回购的论点。但总的来说,第一,什么是回购,是当公司盈利时,他们基本上有三种选择,他们可以将利润再投资,你知道的,他们可以雇佣更多的人来研发,投资新的业务或业务线。第二,他们可以重新分配,他们可以将利润作为股息分配给股东。第三,他们可以用这笔钱回购他们的股票,这个就是股票回购。好的,所以他们有这三个选择。但是很多公司,他们在过去 10 年中选择了第三种。原因之一,你知道,理想情况下,当经济发展良好,机会很多时,公司应该选择第一,将利润再投资到新的业务下滑中。但无论出于何种原因,经济一直表现不佳。所以他们没有找到很多机会。因此,他们将大部分利润用于股票回购。所以一个有趣的统计数据是,如果你比较,如果你查看所有股票购买来源,你知道,在过去十年中购买股票的人,如果你比较,外国公司或养老基金、个人投资者和公司回购,所以,这些是股票购买的不同来源,对吧?事实证明,在过去十年中,近 90% 的其他股票购买流入都是来自于企业回购。因此,可以肯定的是,股票回购是一个主要来源,也是标准普尔指数上涨的最重要原因。现在,我不一定觉得这有什么问题。因为如果您可以将利润再投资,那么您有两种选择。正如我提到的,您可以回购您的股票,也可以将其作为股息分配给您的股东。归根结底,我认为这就像他们实现了相同的目标。归根结底,从股东的角度来看,无论您获得股息还是股票价值增加,都没有真正产生巨大的差异。事实上,作为股东权利,有一些税收优惠,因为当您收到股息时,您必须纳税,但当您的股票价值增加时,您只有在出售股票时才支付股息。所以你可以说股票回购有一些好处。但总的来说,我认为,你知道,最重要的问题是公司没有将他们的利润再投资于研发和其他东西。他们所做的是以回购的形式将利润重新分配给股东。

Cheng 20:19:是的,我想谈谈为什么他们没有在研发上花足够的钱,为什么已经很长时间没有技术突破了,然后再看GDP,我读到特别是因为这个原因,我们的GDP上升不是因为技术突破,是因为股票。这两个事,哪个是因,哪个是果?

Qi’ao  20:47: 我没有答案。就像,你知道的,宏观经济学是一个非常复杂的系统,非常难,比如,我可以给你理论,但你永远不知道是什么导致了它。对吗?一个可能的原因再次与美联储及其货币政策有关,对,所以在过去 10 年中,利率一直非常低。这就是你知道的原因,我们称之为道德风险,即公司可以以非常便宜的资本成本借钱,对吗?所以如果利率为零,你基本上可以或免费借入资金。市场上有太多的资本。所以你想要什么?你打算用资本做什么?就像他们一样,过去 10 年资本是无限的,但机会有限。您可以用额外资金做的唯一一件事就是通过购买自己的股票将其重新投放市场。所以这是一种道德风险,是超低利率造成的。

Cheng 22:03: 在大量的资本涌入上,你认为这与2017年之后的加密领域可以比照吗?然后他们不知道投资在什么有价值的项目上面?

Qi’ao 22:19: 是的,所以我认为 2017 年的 ICO 狂热只是宏观经济环境的副产品。如同Qi’ao所说,实际上,当时,对,因为我们并没有真正看到那么多称为真正技术突破的技术。我认为每次技术上的、真正的技术突破,为许多其他商业或建立在其上的新商业奠定基础,这些类型的进步需要很长时间,需要很多有趣的基础计算模型真正转变,对。所以我认为在 2016 年和 2017 年结束的整个区块链时代是这种范式转变的不切实际期望的一部分,就像这里一样,但实际上,基础设施是,我们仍然处于在为这种分散式结算系统构建基础设施的开始阶段。这就是人们所期待的。所以我认为经过几轮建立这些期望并看到它们崩溃后,我们开始意识到,哦,好吧,也许技术突破,我们正在寻求的不存在于这种形状和形式。所以我认为一般来说,追逐下一个、下一个热门事物的风险投资人或多或少对正在发生的事情感到困惑,他们并不是对这是如何运作的没有真正的了解,他们没有真正了解发生这种范式转变需要什么。所以他们在寻找反映传统市场的东西时犯了很多错误,对不起,传统市场,我的意思是,在 2000 年代初的开始阶段取得成功的应用程序或服务。所以他们想看到那种东西,但是在区块链上,所以这就是这种期望落空的一个重要原因。

我想就Qi’ao之前关于激励错位的观点谈一谈。实际上,这些公司的许多管理层都是雇员,而 CEO 的激励计划与该季度的每股收益表现挂钩。因此,他们有充分的动力在收益之前抬高每股收益表现的数据。所以,你知道,在主要银行有专门的人,你知道,会为公司做这种股票回购计划。并且有一些项目允许公司这样做,因为实际上存在限制,公司每天可以购买多少。这些限定是为了阻止公司操纵他们自己的股价,但银行可以提供这种基本上允许公司获得 80% 的结构项目。所以,例如,公司宣布他们打算回购价值 10 亿股的股票,现在对它每天可以购买的数量有明确的限制,这是基于它每日交易量的一定百分比。而银行可以提供这种回购计划,基本上让你提前用完回购计划总额的80%。因此,该公司立即获得了非常好的每股收益表现提升。所以,管理层喜欢这个,对,他们特别是当他们的利率很低时,他们可以施加杠杆,然后回购股票,他们得到非常大的回报,他们得到非常好的奖金。当他们转向外部市场时,他们发现没有真正的东西可以投资。他们可以转向他们的董事会,看,我们试过了,我们看了一切。我们有这些新的内部风险投资项目组,我们有从硅谷挖来的最好的风险投资,但他们找不到可以投资的东西,所以我们只能付给自己。

Cheng 26:35: 关于你所说的观点,IBM,他们对人工智能研发如此疯狂,他们花费了数万亿美元,大部分资金来研究这个,花了他们几十年的时间。

The Invisible Current – Romeo Stevens on how a meditator processes emotional patterns

Books suggested in the Podcast:

Open the Hearts of Compassion:…

Core Transformation:…

Romeo Stevens is a Buddhism practitioner in the Bay Area. With his interdisciplinary knowledge in neuroscience and spirituality, he has helped a lot of people in processing their long-overdue emotional blockage and helped them resolve the patterns, in a way, also called karma.

We found that it helps to process the emotions, in the right way, when they first surge. In an analogy to surfing the waves, the waves build momentums, the third one being the biggest out of the three. In another analogy to a debt crisis, the long-term one is built up from the smaller boom-bust cycles. And at the end is a de-leverage – with balance, it is a beautiful smooth de-leverage, without balance, it will go through some destroy and rebirth.

Wherever you are right now, we want you to know that this is not the end. The universe and the inner tranquility holds space, warmth, love, light, and hope. If you hit a floor, that’s not the bottom, it’s the bouncing floor for you to investigate. The investigation is a path to enlightenment.

Romeo’s blog:

Photo credit: photo by Holly’s Coastal View from StockSnap

The Art of Marketing

The companies that today hire for marketing leads and value their seniority over their art talents missed the point. Marketing essentially is persuasion with visual and a voice playing in the deeper layer of the human mind — emotion, and it causes behavioral changes in the long run. The colors and words send the brains and hearts messages, reforming a profile in your mind associated with the company, which becomes the “brand”.

Like how literature and movie form emotions and people’s own imageries in their minds, marketing is art and magic but with a focused agenda.

Let’s just call it, mArgtketing. Pardon my German.

There are rules on colours, wordings and story angles applied to mArgketing milking your behavior changes without your knowledge.

But if I break all the rules and make beautiful work and have people subscribe just because they genuinely like it, that is art. And this is the new kind of mArgtketing I want to bring to businesses. I believe art smells like freedom and people would love it.

First, know the rule, and break the rule.

The first two questions any CEO needs to think about when they create their websites are: first, am I a B2B or a B2C company? Second, what is the story that I am anchoring on? –go back to the truthful, quintessential Me when I look at this problem with Anger and want to solve it.

When I was working at Tencent America, I noticed the company’s interesting struggle, the intriguing position they hold in transiting from this world’s most successful B2C company into fighting for a share in the B2B business. This is a side note: yes, B2B is the future. The next 5-10 years are about a few tech giants converting the real world onto the internet base layers, Cloud for IoT and the Banking System, and the top layer Applications follow suit.

They did it so well in the last ten years by dropping social media apps with fun aesthetics and engaging functions to end-users. But B2B is a different animal. Google Cloud Platform does not gain much money from individual users. It loses money to individual users in the first year of membership. It’s about winning the big corporation clients, through sales and connections. External marketing did not matter as they absolutely were everything in 2C business. Our only external marketing work was for conferences, where sales fish their clients. And ironically it was the compartmentalized internal teams that needed marketing — hard to get information fly in a behemoth when KPI goals from the development end and sales end are not exactly aligned. They hated the bugs but we needed the new products. (No offense. This is so common)

About the difference between the two business models in visual designs, check the foot bar of your computer, and see all the social media applications are all using bright colours. The ones in the information business are using blue, light blue: Twitter, Telegram, Word, Messenger, MSN, Internet Explorer.

Here is some free colour psychology for tech entrepreneurs reading this, Blue is the color for knowledge, Message, which extends to today’s world, are tech and information. I can’t prove it to you here whether it’s insidious knowledge built-in in our consciousness or it’s a reflex from ad blasts living a social life too long. It’s both. It’s known archaic knowledge used for a gain in the mass communication department. The human brain unconsciously picks this up, without you saying a word.

As I write this I look at Wechat. What is bubbly dwarf Hulk doing here mixed in with the Smurfs? Then I remembered the talk we had in the company. it’s all about the mini-programs. It’s the Chinese version of the big you-know-who. It’s a marketplace, which brings us to, money.

The colour Green is for money and art — Fidelity, TD Ameritrade, dollars, Robinhood, Douban, Spotify. The difference being, the Shade of the colours gives the brand a personality. Grass green or Teal makes all the personality differences — the invention of which depends on who your customers are.

So colour brings out the role/functionality and shade brings out the personality.

It is interesting to see this colour theory plays out unconsciously when I was working at Tencent, the young Cloud team, which consider themselves a Startup in the Bay with two footholds in Palo Alto and Cleremont, trying to figure things out. They were using a bright popping blue, the QQ blue on a massive scale on their website. It’s not a good idea for a B2B company. It was the 2C thinking. I noticed today that they changed it into a deeper greyer shade of blue. That was the reliable decision.

Now, about the Shades of the colour. Here is the gist. If you want your customers to like you and play with you, if you provide FUN, choose a bright shade. — That is all the social media and gamified apps. But if you want your costumers to trust you with their money, their life, and rely on you, if you provide a SOLUTION and want to show establishment and authority, choose a dull middle-aged man shade of the color (however my grandfather is the most humorous person in my family by the way), — this used to be Fidelity (but it looked so old. they changed it too), and this should be used by most finance-related Big institutional-like companies. Can you imagine your bank turn into the bubbly Robinhood green?

Next, on to why using popping bright colour over a large scale on your website isn’t a good idea. The readers lose their focus. But you want to guide them to focus on your Subscription button isn’t it. The large scale neon color makes that area popping out visually like floating on the surface. You can’t read the words on it, and it’s way too exciting to be taken seriously. You want to be taken seriously and pop the most important information. So, dull/mute the background elegantly, and save the bright one for the buttons, with a contrast/opposite colour from the palette (a concept you learn in art classes) — they make harmony. I want to show good and bad examples but I don’t want to make enemies or advertise for free.

And about Shapes. Twitter is a bird put together by all perfect circular lines. All the lines in that logo, are a section of a perfect circle. It feels harmonious. Linkedin however, is as squarish as you want a professional to be, as the word “square” describes the type of personality in English.

Lastly, the Story. The story is the voice of the company and the CEO. This is art on a new abstract level. I spend my life extracting the stories out of clueless chaos. First, you have to listen to the social sentiment, the voice of the world, then hear the voice in you, and when they converge, you have an exploding marketing effect.

The importance of storytelling? It’s been larger than the actual tech. It hasn’t been the tech that’s driving an economical growth in this cycle; It was the Silicon Valley Storytellings that drove our income growth and the past stock boom.

A painful deleverage process we are in right now because of this. Good luck America.

Want to do some good with this Power of stories? We absolutely Can and attract Revenue at the same time. The Good Artists vs. Bad Artists game is everywhere. This consumerism-driving, compulsive-behavior-enticing field needs to Breathe. It needs Real Art to fill it up and Rock it.

Someone needs to Care for and Listen to the End User Human Beings when Their Choice as a Consumer is No Longer Needed for the big Revenue. (I’m going to write another article about how the machine grew so huge and it now owns most of us.) Sense the danger here.

Fuck Edward Bernays.

Bring on Debussy, Banksy, Dolores O’Riordan, Handel, Giorgio de Chirico, René Magritte. And bring all the underground artists musicians above ground, with a revenue — the ones that are chased off the grid by gentrification and governing. They are the songs of our hearts and soul. Stop withering.

It needs a renaissance for the people.

Let’s talk about this on another day.


— Your atypical Artist in the Bay

How to cook in Quarantine – Paella Recipe

A Loveletter to all that I care during the Covid19 outbreak, or so they surged

The second month in quarantine from San Jose. How are you doing? The Planet Lockdown has put two things in shortage — fresh produce, and human contact. This puts us in the two corresponding challenges — how do I swallow the frozen veggies cooked by myself everyday, and is the person I miss missing me too?

Yes, they do. Our emotions are stripped to the bare core now that we send supplies and messages to those who we really care about. When it was bad in China, my friends and I bought masks somewhere there online and sent them to our parents and grandparents. Today my mom and her friends are Fedexing masks to us.

Know that dealing with yourself, the void in the room is much easier than dealing with the other person in the room who you happen to dislike in a lockdown with No Exit.

So, let’s see how we can deal with the lesser ones of the issues.

Fresh produce. We mostly don’t have fresh produce but the closest thing we have is frozen veggies and fruits. The fast frozen locked in the nutrition. They last. They are economical. They fit the situation.

Veggies, fruits, and love, three things known to boost immune and mood, like sunshine in the east coast – fictional fairyland existence to busy city hustlers. We don’t lower our bar for anything ingenuine even in a time like this. No bottled vitamin supplements or Vitamin D milk as antidepressants.

An inch a day, a mile south tomorrow. With that much of an open mind, we will be licking milk from the floor at the year-end.

By the way, this is a long ride. The virus mutation waves and the social-economical impact of it shoot up to December. I’m planting two types of potatoes and butter lettuces in the backyard.

The Labour Department reported on Thursday that 10 million people filed for unemployment insurance over the past two weeks, an 8.5 million increase from what you’d call a healthy situation. And more are falling.

NYT estimated this with data from the Bureau of Labor Statistics; Historical Statistics of the United States (annual estimates before 1948

Santa Clara is pretty high on the Covid19 most infected area list. Saw that coming, I told friends around me one month before the shelter-in-place order to store up. Buy frozen veggies and fruits. They last, and they are unemployed-friendly. Or very carefully supply your provision with mask and gloves on is ok, only if you are 6 feet apart from other Kamikazes. Soap the packages, hot water the fruits, cook the veggies, or just leave them alone for two weeks.

So that is pretty cool. I removed the ice maker from our fridge, emptied the Baroque ceiling to cramp in frozen greens for two months. End time mode on. Been preparing this over the course of a month like a Squirrel when Santa Clara is dead silent in sleep. Because news is always late to the events formulating underneath; it’s a Beethoven’s shocking accent in a Schubert’s Serenade. An aftershock. Ain’t serene anymore!

Why Paella? A friend cooked that for us in a home banquet once. He roasted Spanish short rice, salmon, chicken sausages in a pan. Dinner was served with red and white wine and salad. Business starting, blueprint forming, bank accounts are afloat, enough budget for time and finance to go wrong in trials, at that time.

Paella is loved by Europeans, Middle Easterns, and Asians across the continent. We love FISH and RICE~! FISH and RICE~~! it’s a melting pot of seafood and sunshine, perfect healer of the situation we are in. It’s easy to cook and hard to get bored with. Just swap the ingredients when you do.

Ingredients. I made that pink pastel petal bowl by the way.

Here I present, an easy and lavish, restyled, Spanish paella, cooked in one pan. I hold many of my friends at heart for these special days, who’ve been surfing life with food deliveries and restaurants. I don’t know how they are pulling through this. So I’m writing this as dumb-proof as possible. Here is what we use for this Mediterranean love signature.

  • Forbidden rice from Amazon, because that’s the only organic rice left online after Amazon Wholefoods and Fresh delivery slots went grey.
  • Peas, frozen, good with rice.
  • Salmon, frozen.
  • Sausage, freeze it.
  • Colorful peppers, frozen.
  • Carrot sticks.
  • Brussel sprouts. (easily swappable)
  • Pink Himalayan salt (tastes better).
  • Whole black peppers.
  • Oil.
  • A porcelain art you created (optional) This is Artisan paella by artists.
  • Organic, everything organic.

Usually, chefs pan-fry fish first to solidify the shape, then follow with a stew. Not today, not in a lockdown, if I have to do this every day for two months and also tend to my wellbeing. (It’s a lockdown, not a breakdown.) I will not pan fry the fish and cook the rice in a separate rice cooker.

So here we go, rinse and clean the rice. Rub, rinse, polishing, whatever. Drain the water. Pour in new filtered water to three times higher than the rice level. Purple rice is hard to cook. Set in low heat, so you don’t need to touch it again before it burnt to the ground. Then go write.

Thirty minutes later, wake up from a writing flow, or block. Good, the rice is not burnt to carbon. Now the water has vapored much, the rice is flapping in the moist like stranded fish, you pour in the oil. Three stroke.

Oh hastily chop up the fish, sausage and carrots. Did you wash them? and the black peppers? ok dump them in. Stir the pot.

Forgot the salt! a pinch.

When the fish turns paler, add in soy sauce. I only have soy sauce for sauce now. Stir.

Make sure they don’t dry up and bbq. Throw in peas, sprouts, peppers, things that are easy to cook through. Heat kills the virus and we don’t eat anything raw without applying some sort of heat to it now.

Sample, cool it and taste. Low in salt, another pinch. Stir.

Done. Confession time: I think what Paella really needs is shrimp. We can style it exotically but it essentially needs shrimp.

So, paella is the cure to a bored palate. What is the cure to emotional isolation? Creation.

I thought of this a year ago, two things that give your life an anchor or meaning — Create or Procreate. So Art, or Love. They both are love and creation.

You’d be warmed knowing that the person you are missing is missing you too.

Stay productive. Love you all.

— A Writer in the Bay

Documenting the Current Armageddon since 2017

I happen to be awake throughout the night on Mar. 11th, and saw in the market a candlestick freezing on top of a circuit breaker. It’s been three years since the talk goes around town, about our debt piling up reaching a dangerous breaking point per its ratio to GDP.

And it’s been three years since my friend introduced me to the term Apocalypse and Armageddon, not as Bible stories, but as forecasts. I thought he could be a bit lunatic. I didn’t understand the Bible as a screenplay of world events.

But indeed everyone felt it’s a strange time we live in, drama surfaces, casino owners showing their cards. Zoom outside of looking at just one arena, be it financial, economical or political, just for a moment, to gauge it all as one orchestra, you saw the eerily loud prelude in 2016, where the reality TV actors of politicians steered the mass consciousness into two extreme ends.

In 2017 Trump tweeted about an act under a code name, Covfefe. Nothing like the interpretations on Wikipedia, it doesn’t have to do with his “feud” with the press. No one has a feud with anyone in a good cop bad cop play.

However, some of us understood that Covfefe triggers the speed up of the endgame. Anticipating an economical and social collapse since 2017, we forgot about it in the long waiting. Even when Coronavirus spread in China, it did not come to us that this is it, the black swan.

Lately, an open-source engineer who built Apache, Jon Stevens, shared this video on his Facebook.

Count 90 years as a cycle, for human to repeat their mistakes. Herding with the alternating fiscal policy and monetary policy — the first 45 years, grow the crop; the next 45 years, reap the crop. The pendulum, with this pumping force of the productivity and the reinforcement of a molded group consciousness to direct this productivity propels us along an agenda.

Slumbering Americans bounce between a short spectrum of greed and fear. On the way to the stupid Singularity they will cut our connection as One. The spiritual dimension of this cacophony, stands almost at the center of it all, I will explain in the last part of the article.

We entertained the idea of all the worst-case scenarios, of a very segregated and totalitarian world. In concerning war and chaos, I invite the math minds and intuitive minds to join to understand the grand scheme and get the social discourse going. (Clearly there isn’t enough time for me to understand the current finance world before the next change hitting us, so I will keep coming back to expand this writing as I learn. This was supposed to be my fiction material, and now I’m throwing it out for free as Gonzo journalism in Medium. (And so far they won’t publish it. Sensitive info? ) Because changes happen in a matter of two days. At this rate, in one month, instead of writing sci-fi, I would be writing history and feeling loss that it didn’t help to actively forge the path at this critical time.)

Historically the Public Debt to GDP ratio peaks at the time of Civil War, WWI, WWII, and Now.

In history, a sudden dramatic money multiply happens before a war to fund the war. It results in wealth transfer (the Mystery of Banking by Murray Rothbard). Though purchasing debt through repo market took place of federal reserve banking, but notice the direct relation between money printing and militant expansion throughout history. 

Three zenith points make 2020 comparable to 1930S, an era faded into black and white picture and only a few alive to remember: the gap between rich and poor, the debt to GDP ratio, the rise of populism.

Toolkits that the central bank uses:  We currently are witnessing a great wealth transfer where Fed is owning the industries through stock market bail-out. This measure in reality just worsened the wealth distribution. The large asset holders just got bailed out with many sold their stocks low.

As some have said, it resembles a socialism society. But Fed is not a government agency. There is yet any term for this newly emerged Cthulhu type of thing.

Fed adjusted to 0 interest rate desperately in trying to stimulate the spending and generating paychecks, which, smacks on a pandemic lockdown where people are not spending (this is fresh).

Despite all the money printing, the money supply is not enough. The liquidity shortage will bring a deflation and the current financial toolkits are losing it. 

Is there a war and revolution looming in the coming decade? We stand right at the edge of it.

As we already predicted, from the early news on Central Bank Digital Currency, and the cover of a 1980’s Economist magazine, a global currency is in the making. A central bank puts money directly to your pocket without using the commercial banks for expansion and contraction. What does this mean?

Would it really be a peaceful transition? And surely down this road, there is AI lurking in the horizon asking more from you, probably bio implants to merge with the network of intelligence. Just like how we predicted the downfall of the economy since 2017, we see an underlying theme here. It wants more order and control, and we are entering into the era of AI and Space.

The push and pull of Populism and Communism might emerge again, but this time do you need to tread on the old Lenin Stalin path again? It’s not even that different from the extreme right. Every thought experiment came after the Great Depression failed us by missing the middle path. The lack of a constructive practical social economical model in the group minds prevents us from bringing it into reality. Just, the fact that everyone is lashing out on Fed yet No One has came up with a replacement plan is like a society being blindfolded from dreams.

If we are unhappy with one entity exploiting us using money, how does a community of people maintain markets and trades without that money? Do we need everything built with global supply chain? How do we sustain an industrial world globally?

With all these questions calling for answers, I asked some smart friends to come up with a practical economical model that’s not promoting the current pyramid structure.

It’s not easy. For the economists just don’t have a panorama of how things coming into being in this universe, and don’t yet boldly hold on to the magical possibility, that by changing minds, you change the reality.

There is some scientific spiritual preaching we need to do before getting everybody on board to lift us up from the pit.

See the story under, how manipulation of mass psyche and energy being used by Edward Bernays, the father of Mass Communication and nephew to Freud, in self servitude.

As a law of the universe, this kind of manipulation produces backlashes. In an individual, it’s your personal emotional off-balance and plight; on a massive scale, it’s Depression and war. We’ve been locked in this pendulum for over 5000 years in mass hypnosis — at the lower part of the composition of human nature. You, as a beast, and you as a soulful being, pans out in totally different behaviors. One of you could be tucked in anxiety and the feeling of incompleteness and the consequent depression or aggression, and the other you could be just chilling in Baroque music. As a group, you can imagine. And last century the pendulum was just swinging higher and higher.

Where is everybody at in this organized chaos.

Marc Fleury released Two Prime FF1 on Mar. 10th, right on the crash. He responded to the situation with this 39-page pamphlet, mentioning AI and Peaceful transition. You can get it here or ask him for a copy. As Fleury is known for interacting with mystic energies, he continues to perform rituals in progressing the projects and receives 6666 in response in his Google authenticator.

Archer Norton, spiting out Robert Anton Wilson level of truth to Robert’s research subject at Occupy Denver 2011 — a movement grew out of Fed’s response to 2008 Financial Crisis.

Meanwhile, just before the market freefell, former OTO student Archer Norton voted with his feet and moved from the occult capital Denver to Oklahoma the capital of bison to grow plants, getting shared supplies from neighbors and the community.

The anarchist density in him is dangerously high. The hazardous amount of TNT in the box could knock us back into the stone age, where we all enjoy barter economy and robbing coffee from neighbors. As usual, he self-triggers on the word money or blockchain and performs social shaming.

“Money is enslavement. Money is energy. Bank is the bank that guides water, it guides money through society.” he rants to my earphone in two two-hour calls, “Work does not need the reward of money. I work because I want to. Native Americans in South America live a good life.”