A Quote by Naval Ravikant

Money is a bubble that never pops. It's a consensus hallucination. — © Naval Ravikant
Money is a bubble that never pops. It's a consensus hallucination.
You never know you're in a bubble until it pops.
I think the best thing about a bubble is that it pops and is gone. That is what makes it so precious.
Finally, I would remind you to notice where the claim of consensus is invoked. Consensus is invoked only in situations where the science is not solid enough. Nobody says the consensus of scientists agrees that E=mc2. Nobody says the consensus is that the sun is 93 million miles away. It would never occur to anyone to speak that way.
The greatest scientists in history are great precisely because they broke with the consensus. There is no such thing as consensus science. If it's consensus, it isn't science. If it's science, it isn't consensus. Period.
There's that bubble of childhood that makes you innocently do anything. Then, when you get older, that pops, and you're aware of limitations and judgment and social pressures and things like that.
The Photograph is an extended, loaded evidence — as if it caricatured not the figure of what it represents (quite the converse) but its very existence ... The Photograph then becomes a bizarre (i)medium(i), a new form of hallucination: false on the level of perception, true on the level of time: a temporal hallucination, so to speak, a modest (o)shared(i) hallucination (on the one hand 'it is not there,' on the other 'but it has indeed been'): a mad image, chafed by reality.
I have this idea of a Taiwan Consensus, which means people in Taiwan have to get together and form a consensus of their own and that they turn around to talk to the Chinese to form a cross-strait consensus so we can build a relationship on that consensus. And in my view, that is the right order to do things.
Eurovision is this bubble of inclusivity and respect, and it's so beautiful, if only the whole world would be in this bubble. It is a family that will never forget about you.
If facts, logic, and scientific procedures are all just arbitrarily "socially constructed" notions, then all that is left is consensus--more specifically peer consensus, the kind of consensus that matters to adolescents or to many among the intelligentsia.
It is true that we need a consensus to go forward with restoring passenger rail in America, and often a consensus is formed by political action, via government. That is all true. But we have no such consensus, and no one in government or politics these days has the will or the force of personality or perhaps even the understanding of the situation to get on with job of forming a consensus supporting rail.
The work of science has nothing whatever to do with consensus. Consensus is the business of politics. Science, on the contrary, requires only one investigator who happens to be right, which means that he or she has results that are verifiable by reference to the real world. In science consensus is irrelevant. What is relevant is reproducible results. The greatest scientists in history are great precisely because they broke with the consensus.
Memory creates a hallucination of the past, desire creates a hallucination of the future.
Playwriting is the last great bastion of the individual writer. It's exciting precisely because it's where the money isn't. Money goes to safety, to consensus. It's not individualism.
People at the top spend less money than those at the bottom so when you have redistribution toward the top, aggregate demand goes down. Unless you intervene, you're going to have a weak economy unless something else happens. That something else could be a bubble. The United States tried a tech bubble and a housing bubble, but those were not sustainable answers. So I view inequality as a fundamental part of our macroeconomic weakness.
I grew up with my moms and pops. Pops was in jail for, like, three years.
If you actually look at the etymology of the word 'hallucination', what it's come to mean in English is a delusion. But what it really means in the original language is to wander in the mind. That's the meaning of 'hallucination', to wander in the mind.
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