|
|
 Originally Posted by OngBonga
No they are not. I am paying a lot more for my energy than I ever have. Are you suggesting $200 a month is cheap?
Resource use has increased more than productivity. Even though costs of energy have dropped relative to productivity over the years by substantial margins, use of those resources is skyrocketing to the point that it's overall more expensive for you (and me and everybody we know). Curiously, this is the actuality of the case made by Fresco. People are using as many resources as are available. These big costs are a product of that
And yeah ofc Fresco talks about money. He talks about how there's not enough money in the world to solve our problems, but there are enough resources. And therein lies the problem with the monetry system. It can't work for everyone, it can only work for those who are willing to do whatever it takes to get an advantage over their rivals.
That is an incorrect view of the monetary system. I don't know what else to say about it. I read monetary policy as a hobby, and it's way beyond my comprehension. The idea that "there isn't enough money in the world to solve our problems" is not a valid one. At a basic level it doesn't even adhere to economic rules. That's like saying "there's not enough physics to keep people in Africa from floating into space".
Those with qualifications in the relevant fields do not agree
|
Reply With Quote