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To: Kaslin
Money is data. It is mostly stored and processed in computers. Ultimately the data is information about energy use. A price is a summation of all energy consumed in producing something. If a government artificially prices something below the cost of energy needed to produce it, say health care, college, food, it creates a financial short circuit with runaway consumption ending in economic meltdown. It's why socialism doesn't work.

Do electric cars use less energy and therefore pollute less than gasoline cars? It's easy to determine. Add up the total cost of ownership. If it is more, they are using more energy. The same applies to solar, wind, hydro, natural gas, and nuclear energy.

Gold requires a stable amount of energy to find and mine from the Earth, which is why it can be used to indirectly store energy use data. That is all there is to know about money data stored as gold.

Handling government currency devaluation is easy: move out of the currency into something else such as land, stocks, energy ownership. Sometimes even better is owe money that can be paid back in the future with devalued currency.

God created all energy in this universe, from which everything we know of is made from. God is pure energy. So really it does all tie back to trusting in God.

13 posted on 05/22/2019 4:50:03 AM PDT by Reeses (A journey of a thousand miles begins with a government pat down.)
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To: Reeses

I’ve long believed that money — more accurately, wealth or capital — is a form of energy. As such, it must obey the laws of energy.


19 posted on 05/22/2019 5:46:15 AM PDT by IronJack
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