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| Joined: | Mon Nov 21st, 2005 |
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I read most of the above and found it to be more of the same apologies for the Interest/Profit/Wage Paying System of DEBT/PUNISHMENT.
The opposite, by contrast, is Credit/Reward and Equitable Commerce (no interest/mutual profit/Equitable System).
See the difference?
If you don't, then, why don't you see the difference?
The Federal Reserve is deflating the money supply not inflating the money supply to The People. If, and this is a big if, the Federal Reserve Directors are adding zeros to accounts (inflating someone's money supply), then, they do so with a specific end in mind. Do they intend to reward 'good' behavior? Do they intend to punish 'bad' behavior?
Do they intend to 'save' the economy? Who's economy?
Can you or I receive money at no interest?
Why not?
If you or I can pay back every penny loaned based upon a very good credit history, then, why not give us the new money without interest if the idea is to 'inject' new money into the economy and 'save' the economy?
We could receive no interest loans to place Solar Panels on our homes and electric cars in our garages. Work out the numbers – please.
Suppose, for example, that 100,000,000 people (that is ONE HUNDRED MILLION) received enough new money (inflation of course) and those people are now generating their own electricity and powering their own vehicles and each one of those people SERVE the loan they borrow from THEMSELVES with honor. They pay back all the money loaned. The BANKER can even destroy the money when they get it back (deflate back to the pre-inflation supply total).
What happens to the economy?
Each of the One hundred million people save their entire electric bill and their entire gasoline bill which can easily pay back the loan AND net each of the One hundred million people extra purchasing power every month.
See this?
The new ENERGY (Solar) flows through the One Hundred million peoples accounts and POWERS the economy with that new POWER. A typical electric bill is 100 dollars per month and a typical gasoline bill is easily 400 dollars per month. That is 500 dollars per month where 400 dollars can SERVICE the loan (at no interest) while 100 dollars per month goes on the pockets of the 100 million people to do as they please (go to the movies, get that new television set, pay off the home mortgage earlier, start a college fund, increase insurance coverage, etc.) and everyone is happy except the people who are ‘supposedly’ getting the money quoted in the article at the start of this diatribe.
Here:
On Wednesday, the U.S. Federal Reserve announced plans to lend $40 billion to banks.
There it is in black and white just like my words only different. 40 billion dollars is 400 dollars for 100 million people. 40 billion dollars is 40 thousand dollars for a million people.
40 billion is 4,000 dollars for 10 million people.
If all that new POWER goes to the same people who loaned the money to desperate people who could not, most definitely could not, pay back the loan – then – will that new POWER be used to generate more POWER or with that new POWER be used to destroy credit; again?
What happens if the 40 billion merely goes into the accounts of the BANK officers and the BANK investors to be used to buy political influence?
What happens if the new POWER is used to create more POWER? How many Solar Panels can 40 billion dollars purchase? How many home mortgages can 40 billion dollars purchase?
It isn’t that tough to see. One solar panel can cost 800 dollars and that on solar panel will produce power for 25 years guaranteed.
How many?
40 billion divided by 800 equals 50,000,000.
50 million Solar Panels
How much POWER is produced by 50 million new Solar Panels and how much money does that POWER produce at today’s prices for electricity?
That is not an easy thing to answer. I should be very easy to answer. Before finding a reasonable answer it may be a good idea to see how many home mortgages are paid off (with no interest) if 40 billion is loaned (at no interest) to the people with the highest credit rating and the people with 100 thousand dollar homes.
40 billion divided by 100 thousand dollars
400 thousand is the number of people who can stop paying interest on their home loans with that ‘injection’ of Purchasing Power being supposedly injected into the economy.
Those 400 thousand people could pay off their homes early and then have no monthly mortgage payment or those 400 thousand people could pay less per month and have more monthly purchasing power.
Or the banks get the POWER. The banks who sell impossible loans (on purpose) get the POWER?
Back to the POWER generated by 50 million Solar Panels.
http://www.partsonsale.com/
“Call For Pricing”
If the supply becomes scarce, then, the price goes up. If the supply becomes over abundant, then, the price goes down. Someone can make a killing if the supply becomes scarce. That is the essence of the Interest/Profit/Wage Paying System.
POWER stands that dynamic on its head because POWER reaching for oversupply will cause POWER to become cost-less and therefore Purchasing POWER increases.
If the supply becomes scarce, then, the price goes up. If the supply becomes over abundant, then, the price goes down. Someone can make a killing if the supply becomes scarce. That is the essence of the Interest/Profit/Wage Paying System.
POWER stands that dynamic on its head because POWER reaching for oversupply will cause POWER to become cost-less and therefore Purchasing POWER increases.
Why? Think about that please before we can find out how much POWER the 40 billion dollars worth of Solar Panels will generate (for 25 years guaranteed). Why will an increase in the supply of POWER (making POWER cost less) INCREASE purchasing POWER?
This is very easy to see if you can’t see it easily. What happens when the price of gasoline goes up? What happens when the price of gasoline goes down? What happens to your own personal bank account (your personal Purchasing POWER) if you inherit a house from your parents where the following is true:
Your inheritance is a house that has no mortgage payment and no mortgage interest and the house will not need any maintenance for 25 years.
Your inheritance is a house that generates enough electric power to power the whole house and power two electric cars and the Solar Panels will last 25 years.
Your inheritance is a house that has two electric cars that are part of the house and both cars will last 25 years.
You have no mortgage payment
You have no mortgage interest payment.
You have no electric bill (and no natural gas bill).
You have no car loan payment.
You have no car interest payment.
You have no gasoline bill.
How much of your monthly income is now saved?
Now add the gasoline bill because someone stole the electric car and you must get to work on time. You can only buy a gasoline car.
Now what happens to your income and your purchasing power if you must pay 2 dollar more per gallon of gasoline?
What happens if the sun stops shining because the POWER you send to the Criminals running the NATION STATE (limited liability corporation) nuke Iran and start a nuclear winter?
How much does 40 billion dollars purchase in new electric POWER in dollars and cents?
In other words; the 40 billion dollars is spent on something that generates more POWER rather than spending the ‘purchasing power’ on CRIMINALS?
50 million new Solar Panels will generate electric power for 25 years. How much new POWER will those Solar Panels generate for 25 years? How much power in dollars and cents?
How about a simple way to answer that question? How many Solar Panels are needed for one typical house? I used 800 dollars per solar panel based upon my memory.
A new investigation is needed at this time.
http://www.solar-electric.com/solar_system_costs.htm
Average installed cost of solar electric if you do it yourself is around $7 per watt, or $9 if you have it installed by a licensed contractor. That includes the cost of the panels, inverters, wire, mounts, and other hardware. It does NOT include anything else you might need to pay for, like inspections or extra watt meters by the electric company. So that system will cost you around $37,500.
That is an 'average' cost to break even; or so the story goes. My electric bill is 100 dollars per month; 'average'. If it cost me about 40,000 to generate 100 dollars per month of electricity for 25 years, then, look at the math.
100 times 12 is the 'money' generated per year once the system is in place.
1,200 per year. Times that by 25.
I get 30,000
That is not good; however - I have a small house at 1,300 square feet living area so the 100 dollars per month 'average cost' figure may not translate to the 40,000 dollar 'average cost' of eliminating the 100 dollar 'average cost' of electricity.
What is needed is a link between the 'average price' of electricity in this case.
First, take number of KWH shown on your bill. Divide that by 30. That gives you your average daily usage. So if you use 700 KWH, that is 23.3 KWH per day. Take that number. Divide it by the number of full sun hours you get per day on a yearly average. Multiply it by 1.15. That will give you a pretty close estimate of how many watts of solar panel you need. So if you get 5 hours per day, divide 23.3 by 5 - that gives you 4.66 KW, or 4,666 watts. Multiply that by 1.15, which gives you 5,360 watts of solar panel needed. Average installed cost of solar electric if you do it yourself is around $7 per watt, or $9 if you have it installed by a licensed contractor. That includes the cost of the panels, inverters, wire, mounts, and other hardware. It does NOT include anything else you might need to pay for, like inspections or extra watt meters by the electric company. So that system will cost you around $37,500.
In that case the average cost of electricity was 5,360 watts needed based upon 23.3 KWH per day, so, how much does 23.3 KWH per day COST?
What is the electric bill 'average cost per month' PRICE in this case? Please note that the whold COST/PRICE dynamic is a consequence of the Interest/Profit/Wage Paying System where PRICE is based upon SCARCITY rather than COST.
http://michaelbluejay.com/electricity/cost.html
What is the electric bill 'average cost per month' PRICE in this case? Why is this so difficult?
400 watts x 24 hours/day x 30.5 days/month = 292,800 Total Watt-hours 292,800 Wh / 1000 Wh = 293 kWh 293 kWh x 10¢/kWh = $29/mo.; $351/yr.
The average cost of residential electricity was 9.86¢/kWh in the U.S. in March 2006. The average household used 888 kWh/mo. in 2001 and would pay $87.56 for it based on the March 2006 average rate. (Dept. of Energy)
The cost of electricity varies by region. In 2003 the price ranged from 5.81¢ in Tennessee to 12¢ in California, 14.314¢ in New York, and 16.734¢ in Hawaii. In Summer 2001, electricity was a whopping 20¢/kWh in parts of California.
I am not zeroing in on the right questions. I need the Solar Panel example amount and the average price/cost per kWh.
I'm going to round up to 10 cents per kWh.
What was the amount of electric usage in the Solar Panel example?
First, take number of KWH shown on your bill. Divide that by 30. That gives you your average daily usage. So if you use 700 KWH, that is 23.3 KWH per day.
700 kWh per month COST in the Solar Panel example (where the COST of the Solar Panel System was 37,500 (do it yourself price?).
How much at 10 cents per kWh was the montly bill for that example at 700 kWh per month?
70 dollars a month.
70 times 12 times 25 years will show total costs saved (if electricity price does not go up or down):
21,000 dollars saved.
37,000 dollar cost.
That is a loss of 16,000 dollars - in that case.
Why?
See http://www.dsireusa.org for a list of Federal, state, and local rebates and tax incentives for your area. In some cases that can reduce your cost up to 50%.
How much of the 'price' on a Solar Panel is a 'cost' sent to Federal, state, and local taxes by the people who manufacture Solar Panels?
The 'rebate' or 'subsidy’ of 50% does what to the equation?
First we need to use the non- ‘do it yourself’ cost since the 37,500 cost was computed at the 7 dollar per kilowatt rate. Let’s use the 9 dollar rate so specialists can install the stuff and the home owner simply picks up the phone.
5,360 watts of solar panels needed (70 dollars per month cost).
First, take number of KWH shown on your bill. Divide that by 30. That gives you your average daily usage. So if you use 700 KWH, that is 23.3 KWH per day. Take that number. Divide it by the number of full sun hours you get per day on a yearly average. Multiply it by 1.15. That will give you a pretty close estimate of how many watts of solar panel you need. So if you get 5 hours per day, divide 23.3 by 5 - that gives you 4.66 KW, or 4,666 watts. Multiply that by 1.15, which gives you 5,360 watts of solar panel needed. Average installed cost of solar electric if you do it yourself is around $7 per watt, or $9 if you have it installed by a licensed contractor. That includes the cost of the panels, inverters, wire, mounts, and other hardware. It does NOT include anything else you might need to pay for, like inspections or extra watt meters by the electric company. So that system will cost you around $37,500.
Times 5,360 by 9 (instead of by 7 dollars per watt):
48,240
Now cut that in half by the subsidy.
24,120
The 'cost' of electricitiy was:
21,000
That is still a loss of POWER despite the increase in power production; because - price is involved and not COST.
See this? Power is spent on creating POWER producing Solar Panels. The bottom line is; how much POWER is spent and how much POWER is produced.
If the POWER is spent on TAXES, for example, then the POWER goes to Washington and then to pay for prostitutes or torture or bombs or whatever and that can be very destructive. If the POWER is spent on bailing out BANKS who make criminal (certainly not economical) loans so that the BANKS can continue destroying economy, then, more desctruction occurs.
If the POWER is spent on Solar Panels, then, POWER comes out of the Solar Panels installed on the houses who purchase the Solar Panels and the POWER is then saved by the person who spends the POWER on Solar Panels.
The PRICE on the Solar Panels (including the work to install them) is too high compared to the PRICE of 'average' electricity. I have been paying 13 cents per kWh where I live.
See what happens then:
700 kWh per month COST in the Solar Panel example (where the COST of the Solar Panel System was 37,500 (do it yourself price?).
How much at 13 cents per kWh was the montly bill for that example at 700 kWh per month?
700 times 13 cents equals 91 dollars per month.
91 per month times 12 months times 25 years is 27,300 dollars produced.
Cost (call on the phone and have the Solar Panels Installed) was 48,240 dollars.
Rebate/subsidy subtracted from the COST was 24,120 dollars.
My cost at 13 cents per kWh was 27,300 dollars produced.
My savings (assuming the 50 percent subsidy) 3,180 over 25 years of producing electricity.
The principle here is independence. The interest here is dependence. The cost of electric POWER can go up if POWER becomes scarce.
How much, for example, can a person 'charge' for electric power if the electric company turns off the POWER for 10 days?
You, for example, have Solar Panels while your neighbor has no Solar Panels - for 10 days.
How much can you charge if you have an electric car and a Solar Panel (and wind power) home if your neighbor has neither and the price of gasoline goes up to 5 dollars a gallon?
I am missing something and I need to think about the right question.
I am missing the connection between 'cost per kWh' for Solar Panels which was stated at 7 to 9 dollars per watt and 'cost per kWh' from the Grid which was stated at an average of about 10 cents per kWh.
In the past that question led me to figure out the amount of POWER produced per Solar Panel installed and it was a POWERFUL answer.
Last edited on Mon Dec 17th, 2007 01:56 pm by Joe Kelley