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INFLATION/HIGHER TECH vs. ECONOMY OF SCALE

December 23 2010 at 11:40 AM
Rick  (Login recreation)
Owner
from IP address 98.165.81.74

 
CPlatt and Freitas talk about this issue of economy of scale never having occurred... in cryonics.. and that's what we though would eventually occur... permitting grandfathering. Instead, we see inflation and higher cost higher tech... but no economy of scale. In this way, the "cryonics gamble" I original took simply didn't pay off.

To stick with cryonics requires higher insurance consistent with inflation and higher priced higher tech at the end of my life expectency in 2057... with NO expectation of economies of scale... and NO large pool of funds from bequests and wills that preserves people equitably in a church that values everyone equally... and reanimates everyone with equal concern as human life. The ethos is not conducive to that direction... but I now see it as the only direction for me. If we can't contribute to a cryonics slush fund that all deanimated cryonics church members can draw on fast in an emergency... then we're not going to have cryonics for everyone... but only for a few select wealthy who can afford higher policies.

 
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Rick
(Login recreation)
Owner
98.165.81.74

Inflation curves - and inflation adjusted forward prices....

December 26 2010, 12:48 PM 

Inflation curve
[linked image]

http://www.google.com/images?um=1&hl=en&safe=off&tbs=isch%3A1&sa=1&q=inflation+curve&btnG=Search&aq=f&aqi=&aql=&oq=&gs_rfai=

OIL -- inflation adjusted curve
[linked image]

YIELD CURVE on an investment
[linked image]

RICK POTVIN'S MOTIVATION, FOCUS and FINANCING CURVE
[linked image]

CONSUMER PRICE INDEX
[linked image]

CPI since 1800
[linked image]

89% Decline of a Dollar's Purchasing Value since 1950 - GREAT ARTICLE
http://grandfather-economic-report.com/inflation.htm

LIFE INSURANCE YIELD CHART age 53 to 90
[linked image]

SAVING $500 per mo. age 30 to 80 at 8% yields 3.5 million
[linked image]

(So given that we have LIFE EXPECTENCIES of 80 or so... why did early cryonicists like me buy life insurance... why didn't we invest for a cryonic preservation instead? I don't know that answer.. unleess what I was thinking was that with LIFE insurance.... I'm covered immediately.... for cryonics... but is that a false line of thought... given that the odds of making to 80 or 70 were much much greater than dying... that therefore membership dues and life insurance installment payments (20K) COULD have been put in an investment account... even at a lower percent to yield a value concurrent with a INFLATION affected cryonics price down the road in 2057....??? Maybe I should start that process now... and CREATE a mechanism for QUICK TRANSFER of resultant money to a cryonics agency AT THE END... It's playing with odds... but then so is cryonics as an entire project playing with the odds in a different way... AND I would ALWAYS be in control of the money... )

 
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Rick
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98.165.81.74

CI site makes it clear that cryonics actually is far more expensive than their own 35K

December 26 2010, 2:43 PM 

http://www.cryonics.org/become.html

Even Alcor made it clear a long time ago that it's expensive... nullifying the 50K-- effectively... for just neuro.

http://www.alcor.org/Library/html/CostOfCryonics.html

So the cryonics orgs can't be blamed... they clearly publish material warning you that their minimums actually are not good enough...

So the joke is on the member who thinks he's signed up for cryonics... and is being milked for dues yet stands no chance at all at the end of his life expectency of getting what he though he paid for.

 
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