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| Joined: | Mon Nov 21st, 2005 |
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Kuwait abandons US dollar currency peg
That is another domino falling that will eventually bring down Dollar Hegemony. People trusting in dollar power will lose.
This is like good news bad news.
The good news is that the worst evil mass murdering criminals will lose.
The bad news is that those powerful people may bring everyone down with them.
This is very simple to see from an oil power versus solar power perspective.
Had everyone on the planet changed their investment strategies 30 years ago from an Oil based economy (Dollar Hegemony) to a Solar based economy, then, the cost of production for everything now would be reaching for zero rather than the cost of producing everything now reaching for the sky.
Can you not see this? The cost of oil goes up and everything made with oil increases cost too.
One Solar Panel can pay for itself and reproduce itself into another Solar panel in 90 months (last time I checked the pay of rates of production).
What that means is that Solar panels can make as much POWER as it COST to make the Solar panel (more electricity comes out of the Solar Panel than the TOTAL electric COSTS used to make the Solar Panel by a wide margin).
A Solar Panel lasts for 25 years (at least).
So…had everyone re-invested in Solar energy 30 years ago the planet would be filled with independent electric generating homes where people have no electric bill.
People would have then demanded electric cars.
People would then have no fuel bills.
The energy (Power) from the Sun would be fueling transportation for no cost.
What does a world economy look like when transportation costs are lowering?
What does a world economy look like when transportation costs are rising AND the costs are transfers of wealth from the many to the few who go around the planet killing all the competition who dare to sell oil at low prices?
The bad news is inevitable for those who have invested in Dollar Hegemony.
The good news is that news above.
http://www.ushistory.org/paine/commonsense/sense2.htm
SOME writers have so confounded society with government, as to leave little or no distinction between them; whereas they are not only different, but have different origins. Society is produced by our wants, and government by our wickedness; the former promotes our happiness POSITIVELY by uniting our affections, the latter NEGATIVELY by restraining our vices. The one encourages intercourse, the other creates distinctions. The first is a patron, the last a punisher.
Society in every state is a blessing, but Government, even in its best state, is but a necessary evil; in its worst state an intolerable one: for when we suffer, or are exposed to the same miseries BY A GOVERNMENT, which we might expect in a country WITHOUT GOVERNMENT, our calamity is heightened by reflecting that we furnish the means by which we suffer. Government, like dress, is the badge of lost innocence; the palaces of kings are built upon the ruins of the bowers of paradise. For were the impulses of conscience clear, uniform and irresistibly obeyed, man would need no other lawgiver; but that not being the case, he finds it necessary to surrender up a part of his property to furnish means for the protection of the rest; and this he is induced to do by the same prudence which in every other case advises him, out of two evils to choose the least. Wherefore, security being the true design and end of government, it unanswerably follows that whatever form thereof appears most likely to ensure it to us, with the least expense and greatest benefit, is preferable to all others.