 |
PM |  | |
Quote | | |
Reply | | |
Full Topic | |
| Joined: | Mon Nov 21st, 2005 |
| Location: | California USA |
| Posts: | 6399 |
| Status: |
Offline
|
| Mana: |    |
Of course, most Americans don't earn $1 million a year. In fact 9.9 percent earn nothing because they are unemployed. It's a shame that we have wasted that $1 trillion on war, rather than on a WPA-style program to repair our roads and bridges that could have hired those 15.3 million people out of work for $50,000 apiece. And on top of that, we would still have had a cool $235 billion left over to invest in clean energy, producing 3.9 million green jobs while reducing our reliance on fossil fuels, according to a study by the University of Massachusetts, Amherst.
Joe's Law applied:
Power (1 trillion dollars is Purchasing Power) produced into a state of oversupply (Borrowed/Printed/Stolen - whatever) reduces the price of power (In this case the interest rate goes down, which is the price of money, because too much money has been Borrowed/Printed/Stolen) while purchasing power increases (in this case where purchasing power is spent the factor of what the purchasing power buys is significant) because power reduces the cost of production (in this case the cost of printing is in view, and so convoluted, ambiguous, and able to render stupification, that a book is needed to explain the cost reduction phenomenon - think in terms of "how stupid are we now" and "why").
Now replace the factor of money with the two examples of power purchases:
A. Road Maintenance
B. Investing in power production (renewable)
Power (road maintenance) produced into a state of oversupply (spending almost 1 trillion on this could be an example of oversupply, even as bad the roads may appear at this time) reduces the price of power (too much road maintenance reduces the price of road maintenance, as too much of anything will reduce the price of it) while purchasing power increases (again, in this case, the factor of investment or “that which the power to purchase is employed toward” must be known in order to find the actual change of purchasing power resulting from this production of power where purchasing power is employed toward road maintenance, think: “is the power to transport a net increase in power or is the power to transport not a net increase in power”) because power reduces the cost of production (again: “are the roads truly, and accurately reducing the cost of transportation?”).
If in case A (Road Maintenance) the net production of transportation power (less costly transportation gained by the expense of money), then purchasing power increases. If in case A the net cost of money (purchasing power) did not increase the power to transport, then the net change in “that which a dollar will buy” is higher, not lower – because the net change in power (to transport) was negative.
How much easier is it to know, and know accurately, how case B (renewable “energy” = power) manages to increase real power, decrease the actual cost of power, increase the net ability to purchase with one unit of money (purchasing power), and lower the cost of producing power?
Joe’s Law applied to 1 trillion dollars of purchasing power spent entirely on renewable energy:
Power produced into a state of oversupply (Wind turbines, Solar Panels, Modular Green House Food and Algae Fuel units, Electric Cars, etc.) decreases the price of power (as more and more of renewable products flood the market, 1 trillion dollars worth in this case, the price per product will decrease, as does every other thing that is produced into a state of abundance) while purchasing power increases (these things actually, really, truly, and accurately reduce the cost of production so therefore these things actually do, really do, truly do, and accurately do cause an increase in “that which the dollar unit will buy”, or, in one word: deflation) because power reduces the cost of production (Solar panels already reduce the cost of producing electricity, electric cars cost 2 cents per mile of cost, already, compared to 10 cents per mile for gasoline powered cars).