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The income stream from location value is RENT. So rent is the best indicator of a nation's value. Not stock prices, capital hoarded, tariffs, house prices, gold or crypto hoarded nor population size.
The value of a nation's land is what all conquerors come for first and foremost. So is by far the strongest signal indicating that land is where ultimate value lies, beyond all other derivative forms of value.
If you own a land title, by implication the people who are paying you rent for living and working on it, must be your slaves. The master can be an individual landowner or a nation of people which claims administrative ownership of a foreign nation by conquest. Slaves exist in much greater numbers today than ever before, and they live right next door to you as neighbours.
I'm not saying being a master of slaves is a good or a bad thing. I'm saying it's happening in every nation without exception, always has done so and looks like it will remain that way forever.
I'm simply saying it happens 100% for definite. And the wise householder will confess to it and protect their household from its effects in the most effective way. This also means you will be honoured by your descendants for making the most important decisions wisely - High IQ.
And the best way to do this is "TO GET RENT". By owning title to some land, administered and protected by government. And the government which protects its land and helps raise its value the most by its wise High IQ administration, is the government you must elect if you value the future of your descendants.
The only way a householder, or its macro level form - government, can achieve this is by doing all it can as a first duty to increase the value of the land they have title to. Think of the government not as the land owner per se(that would be yet another terrible communistic dystopia killing billions of its own people again). But the agency who administers the protection of the 150 million land titles of the United States for example. Or at a rough educated guess: approximately 1 to 2 billion formally registered land titles worldwide.
There's no need to get all moral about it. This happens all over the world in every time and place. It's not an opinion. There have never been any exceptions to this general rule. This is how all nations have always been, on first principle.
Nations which are conquered easily tend to be on land with lower relative value. That is, given the nation is not functioning as well as it might, by implication its land will be of lower value all else being equal. And it will not have as much capacity to defend itself. And will be easier to conquer relative to the nations of high land value.
Likewise, nations which are hard to conquer tend to be on land with high relative value. They can defend themselves very well.
It also means the nation whose land commands the highest rent is the one which can most easily invade and conquer other nations. And this has been the historical tendency. Today the invasion is usually done purely economically rather than sending in troops. A military is only required when competing nations are a close match in land rental value and skin must be put into the game. Both sides will have already run out of drones.
This sounds immoral. But it's only immoral if your intent is to do the conquering because you don't like the people on that land for some reason other than that they have higher IQ than you - yes, THAT would be immoral and so called racist. Otherwise its all perfectly moral. Ideally you should be conquering foreign land because your intent is to increase the land value there too, in the end, for your descendants. This is what Elon is proposing to do in Space. It's not clear if he's aware of it yet though.
So the reason that increasing the value of a nation's land is its government's first duty, is because that gives it the best chance to defend itself from conquerors and invaders. And the biggest opportunity to improve the value of land everywhere else for its descendants.
These descendants may well be people from conquered lands who are now doing very well indeed. Can you think of any reason they might complain now? Only people of Low IQ comes to mind living on land they are deliberately, pathologically, suicidally reducing the value of. They will soon be conquered.
It also means that any government who is trying to reduce the value of its nation's land should be ejected from power by the people immediately, by all means.
Remember: the land does not belong to the state or a person, it is held in common for the protection of our descendants. And the living today are its sub tenants acting with wisdom for the security of our children.
One day in the very distant future, a space bound political movement with Low IQ will be declaring "colonialism" by the present High IQ people for its conquest of space. Imagine that. It will be the identical psychopathy placing our descendants in serious jeopardy just as we see today, at scale.
p.s. curiously Grok had a great deal of trouble producing this image of the value of land in outer space. It was insisting on drawing it only on the earth or a planet. It had no concept of the fact that land value exists in outer space just as much as it does on the earth. Much like people cannot see land value on the coasts before the sea is recovered and commands a much higher rent - the land value of oceans and space is just at present very low, probably negative. And ripe for conquest. Watch out for the alien aborigines.