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| Joined: | Mon Nov 21st, 2005 |
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Non Peak Oil Update
The price goes up when the supply is enforced into a state of scarcity - on purpose - everyone losses; even the criminals.
Purchasing power declines – even if the money supply is constant (neither inflated nor deflated relative to capital) because the costs of production increase in proportion to the increase in price of the same or lowering supply of POWER.
Update:
P.S. Ecologically conscious drivers of hybrid cars, they do not cut down CO2 emissions they just change the location of where it is emitted (tail pipe or electric power plant) when fossil (oil and coal) fuel fired plants are concerned.
And why, then, are Solar Panels a sound investment despite the effort to 'profit' from the demand to the detriment of the consumer and the suppliers?
Answer: The same POWER to PUNISH can be avoided with INDPENDENT POWER production.
And the bonus is, of course, harm-less power as the abundance of sun light (and wind) is converted to electric power.
Re-investing that power back into the creation, storage, and consumption of ever increasing supplies of more and more power LOWERS the 'price'/cost and INCREASES PURCHASING POWER.
DUH
Last edited on Thu Dec 20th, 2007 03:40 pm by Joe Kelley