>>519233334
>Without capital that oil rig cannot be made, transported and implanted on the ground.
okay now we are getting somewhere. What did Adam Smith define as "the wealth of nations", and let's compare that to what he defined as prodigal consumption. What we can conclude from this is that you are not doing the work. That work has been externalized to the energy you are obtaining from the energy you are extracting and you have no plan as to how your life would be different if that was not the case.
So then ask me what you want to know
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>>510236934
>It is time we demand to move to the dollar being backed by oil
Assuming you are talking about the debt problem.
a) Inflation is actually oil well depletion. The need for low interest rates and debt based spending is mostly funneled into the cost of extracting more oil from the ground. in 50 yerars this ration has gone from 5:1 to 12:1 and in 20 years it will be 5:1
b) If you are wondering why your government spends money on useless shit, it is because you have no control over energy production. You basically have no sovereignty because you choose not to control who gets to use your natural resources.
>>510240223
>My plan is simple, and effective. I like simple. I like effective more
no its not. You can fix everything if you just turned off the oil, or refuse energy to people who make useless shit.
>It is time we demand to move to the dollar being backed by oil
Assuming you are talking about the debt problem.
a) Inflation is actually oil well depletion. The need for low interest rates and debt based spending is mostly funneled into the cost of extracting more oil from the ground. in 50 yerars this ration has gone from 5:1 to 12:1 and in 20 years it will be 5:1
b) If you are wondering why your government spends money on useless shit, it is because you have no control over energy production. You basically have no sovereignty because you choose not to control who gets to use your natural resources.
>>510240223
>My plan is simple, and effective. I like simple. I like effective more
no its not. You can fix everything if you just turned off the oil, or refuse energy to people who make useless shit.
>>508857877
The problem arises when you have to input energy to get energy. So since we use energy for everything in the form of petroleum, it is more like inflation. But also there is less return on investment to discover more oil reserves. It takes years to build a well and return an investment. We can all track the rate at which people are investing and discovering and drilling more oil. At the rate we are currently at, demand will exceed production in a few years.
The problem arises when you have to input energy to get energy. So since we use energy for everything in the form of petroleum, it is more like inflation. But also there is less return on investment to discover more oil reserves. It takes years to build a well and return an investment. We can all track the rate at which people are investing and discovering and drilling more oil. At the rate we are currently at, demand will exceed production in a few years.
>>508209094
The problem arises when you have to input energy to get energy. So since we use energy for everything in the form of petroleum, it is more like inflation. But also there is less return on investment to discover more oil reserves. It takes years to build a well and return an investment. We can all track the rate at which people are investing and discovering and drilling more oil. At the rate we are currently at, demand will exceed production in a few years.
The problem arises when you have to input energy to get energy. So since we use energy for everything in the form of petroleum, it is more like inflation. But also there is less return on investment to discover more oil reserves. It takes years to build a well and return an investment. We can all track the rate at which people are investing and discovering and drilling more oil. At the rate we are currently at, demand will exceed production in a few years.
>>507849170
The problem arises when you have to input energy to get energy. So since we use energy for everything in the form of petroleum, it is more like inflation. But also there is less return on investment to discover more oil reserves. It takes years to build a well and return an investment. We can all track the rate at which people are investing and discovering and drilling more oil. At the rate we are currently at, demand will exceed production in a few years.
The problem arises when you have to input energy to get energy. So since we use energy for everything in the form of petroleum, it is more like inflation. But also there is less return on investment to discover more oil reserves. It takes years to build a well and return an investment. We can all track the rate at which people are investing and discovering and drilling more oil. At the rate we are currently at, demand will exceed production in a few years.