Forget About What The Technology

To Have An Idea Meritocracy, One Needs To Do Three Things. First, They Have To Put Their Honest Thoughts On The Table, For Everyone To Look At And Everyone To Work Through. Second, They Need To Have Thoughtful Disagreement, By Which There Are Quality Exchanges, In Which There's Open Mindedness And The Realization That No One Has All The Right Answers. And You Can Work Through That And Get To Better Answers Because Good Collective Decision Making Is Better Than Any Individual Decision Making. And Third, You Have To Have Ways Of Getting Past The Disagreements If They Remain.

Credit Is A Promise To Deliver Money. It Will Produce Gdp But You'll Create Credit... So You Reach A Certain Point That That You Can't Do That Anymore... There Are Choices. And How Do We Best Support, Apportion The Money? How Much Is Going To Be Transferred?

That's What I Mean By Radical Truth. I Mean Accepting Reality.

There Is Slow Growth, But It Is Positive Slow Growth. At The Same Time, Ratios Of Debt-to-incomes Go Down. That's A Beautiful Deleveraging.

You Have To Put Yourself In My Shoes As A Person Who Believes In Radical Truth And In Being Radically Transparent, Not In Seeing Things Through Somebody Else's Eyes.