Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: politicket

Another way to look at it: money is an abstract representation of energy. All economic activity requires energy consumption. The way to get rich in a free market is by figuring out how to use the least amount of energy. Economics is really an indirect study of energy consumption. The gold standard in money is gold. The price of gold in any currency is on average about the total cost of energy to mine it. The price of labor also reflects the total energy cost over 18 to 25 years to develop it. As energy costs go up, quality of life goes down. The biggest energy consumer and least energy efficient sector of the economy is government. The real way to “go green” is by unleashing Elon Musk style management, laying off 80% of Demonrat-voting government workers on day one.


19 posted on 05/04/2024 4:20:04 AM PDT by Reeses
[ Post Reply | Private Reply | To 9 | View Replies ]


To: Reeses

“If I had asked the customers what they wanted, they would have said ‘Faster horses’” - Henry Ford


21 posted on 05/04/2024 4:22:21 AM PDT by Lonesome in Massachussets (Perdicaris alive or Raisuli dead!)
[ Post Reply | Private Reply | To 19 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson