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<blockquote data-quote="wkmac" data-source="post: 352536" data-attributes="member: 2189"><p>BrownDriver,</p><p> </p><p>Your idea (a good one I might add) is discussed here along with other factors as well by former Reagan Treasury Sec, Craig Roberts.</p><p> </p><p><a href="http://www.counterpunch.org/roberts06112008.html" target="_blank"><span style="color: red">http://www.counterpunch.org/roberts06112008.html</span></a></p><p> </p><p>Also BD, many advocates for hard asset currency (gold/silver) argue that the amount of gold needed to buy oil today is the same weight that was needed 10, 20, 30, 40 (you get the idea) years ago to buy the same amount of oil then. In other words, with gold/silver there is no inflation and that if true hard asset markets were in place where speculation wasn't run amuck, producution efficencies in oil may in fact have the amount of gold/silver less to buy the same amount of oil. Problem is, nobody in Washington wants to have that honest and open discussion even though Art. 1 Sec. 10 ofthe US Constitution stipulates that only gold and silver per standard measure be the accepted form of payments for debt. Congress is also given authority to coin money as one of it's constitutional duties which it panders off to the quasi-private Federal Reserve.</p><p> </p><p>This past weekend a speech was given entitled "War and Inflation" and although the War part may be a difference of opinion you could take the word War and replace it somewhat with the word Oil because the basic premise or point made about central banking and fiat currency would still hold true so I'd invite you to read the speech and consider the larger point from a much broader spectrum rather than from war itself as IMO it would still hold true and support your overall suggestion.</p><p> </p><p><a href="http://www.lewrockwell.com/rockwell/war-and-inflation.html" target="_blank"><span style="color: red">http://www.lewrockwell.com/rockwell/war-and-inflation.html</span></a></p><p> </p><p>Brett,</p><p> </p><p>I saw something the other week on electric cars where a company in Washington State had used a capacitor that increased the driving range between charges to about 700 miles which is huge. Capacitor for those that don;t know is easily expalined as an energy storage device that can charge and discharge quickly.</p><p> </p><p>I apologize that when I saw this on the net I immediately thought of you and the previous discussion on this subject and what I learned from you about that VW diesel not sold here in the US. My intent was to send you the link and I forgot, my bad! If I can find it, I'll post it up because it goes right to the heart of your point that you made. I'm passing on in case you can find it before I do. Again, sorry I dropped the ball.</p></blockquote><p></p>
[QUOTE="wkmac, post: 352536, member: 2189"] BrownDriver, Your idea (a good one I might add) is discussed here along with other factors as well by former Reagan Treasury Sec, Craig Roberts. [URL="http://www.counterpunch.org/roberts06112008.html"][COLOR=red]http://www.counterpunch.org/roberts06112008.html[/COLOR][/URL] Also BD, many advocates for hard asset currency (gold/silver) argue that the amount of gold needed to buy oil today is the same weight that was needed 10, 20, 30, 40 (you get the idea) years ago to buy the same amount of oil then. In other words, with gold/silver there is no inflation and that if true hard asset markets were in place where speculation wasn't run amuck, producution efficencies in oil may in fact have the amount of gold/silver less to buy the same amount of oil. Problem is, nobody in Washington wants to have that honest and open discussion even though Art. 1 Sec. 10 ofthe US Constitution stipulates that only gold and silver per standard measure be the accepted form of payments for debt. Congress is also given authority to coin money as one of it's constitutional duties which it panders off to the quasi-private Federal Reserve. This past weekend a speech was given entitled "War and Inflation" and although the War part may be a difference of opinion you could take the word War and replace it somewhat with the word Oil because the basic premise or point made about central banking and fiat currency would still hold true so I'd invite you to read the speech and consider the larger point from a much broader spectrum rather than from war itself as IMO it would still hold true and support your overall suggestion. [URL="http://www.lewrockwell.com/rockwell/war-and-inflation.html"][COLOR=red]http://www.lewrockwell.com/rockwell/war-and-inflation.html[/COLOR][/URL] Brett, I saw something the other week on electric cars where a company in Washington State had used a capacitor that increased the driving range between charges to about 700 miles which is huge. Capacitor for those that don;t know is easily expalined as an energy storage device that can charge and discharge quickly. I apologize that when I saw this on the net I immediately thought of you and the previous discussion on this subject and what I learned from you about that VW diesel not sold here in the US. My intent was to send you the link and I forgot, my bad! If I can find it, I'll post it up because it goes right to the heart of your point that you made. I'm passing on in case you can find it before I do. Again, sorry I dropped the ball. [/QUOTE]
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