00:36:33	D Neil Jones:	Question: Like any complex system with energy flowing through it, the emergence of money, and all its flaws, within the Human Enterprise seems 
to be very unsurprising as it’s a powerful 
enabler of the Maximum Power Principle which is 
pretty much ubiquitous. Do you have any comments?

00:43:04	Peter MacKinnon, uOttawa, Engineering:	Q: When and why did governments in post Westphalian times introduce money as a monitary exchange between strangers?

01:05:33	Ted Manning:	What can we learn from for example the Hungarian million billion pengö note (100 quintillion; 1 with 20 zeros), which was printed on 3 June 1946.  Is the similar issue regarding the need for wheelbarrows of seashells  in the Maldives or ancient China.

01:06:10	Ted Manning:	Does crypto currency fall into the same boat?

01:06:49	Art Hunter:	I have a question:  Why do people buy gold?

01:07:44	Peter MacKinnon, uOttawa, Engineering:	Q: Why have governments failed to measure current and future economic values of digital asset, the new global currency? This has been a topic since the early 1990s at the OECD. Thanks

01:09:11	John Meyer:	Replying to "I have a question:  ..." 
My 2 cents?  Because gold is in effect a global fiat currency - recognized and valued worldwide with very little intrinsic value.  Sort of like a basket of currencies.

01:12:32	Claude Buettner, MN:	Replying to "I have a question:  ..." But it is an industrial metal with real value as the long-standing preference in the ever popular jewelry. In financial circles I believe a move to gold follows a loss of confidence in currency, stocks, bonds, and "alternative instruments."

01:12:34	D Neil Jones:	Replying to "I have a question:  ..."  Another attempt to maximise power. Which won't work.

01:15:41	Peter MacKinnon, uOttawa, Engineering:	Q: Why have governments chosen to impose taxes on imports?

01:17:55	John Meyer:	Replying to "I have a question:  ..."  @Claude Buettner, MN Yes, gold has some uses but this is a small proportion of the amount held.  A decade ago this might have been 20% (??)   Gold is a currency play that has always been the first choice of people who see financial collapse coming.  Gold is transportable, indestructible and accepted everywhere.   Short of having a wallet sized battery with hundreds of thousands of kWh in it, gold is a great hedge against turmoil.

01:23:08	Patrick Chuang:	You stated that the creation of base currency is constrained by resources. Can you give examples of what counts as a resource, and what doesn't, in this context?  I assume that food, mineral resources, and energy resources would count. But what about, say, existing roads, or my house, or schools, or the people who reside in the country?

01:42:02	John Meyer:	TEd - if you saw cowrie shells being used as currency that puts you into a system created 3000 or 4000 years old - greatly preceding gold and silver.   I hope you enjoyed the experience!

01:43:41	Peter MacKinnon, uOttawa, Engineering:	Q: how does your talk relate to the polycrises of the environment and geopolitics?

01:46:17	D Neil Jones:	Good to see thermodynamics entering the discussion

01:47:30	D Neil Jones:	So where does the Maximum Power Principle feature in this diagram and where is it acting?

01:53:01	D Neil Jones:	That diagram is what has self-organized from the flow of unprecedented energy flux (hydrocarbon combustion) though the Human Enterprise. It represents dysfunctional and dysregulated non-resilient complexity.

02:06:46	David Shreve:	Thanks for your presentation Phil. Your recently displayed diagram is especially useful!

02:07:37	D Neil Jones:	Replying to "Thanks for your pres..."  Agree - what a great impetus for low energy simple bioregional living.