Re: [Vo]:Energy will be worth nothing in the future

2011-10-05 Thread fznidarsic
What will happen to my utility pension Jed? -Original Message- From: Jed Rothwell jedrothw...@gmail.com To: vortex-l vortex-l@eskimo.com Sent: Wed, Oct 5, 2011 6:14 am Subject: [Vo]:Energy will be worth nothing in the future Jouni Valkonen jounivalko...@gmail.com wrote: No, just

Re: [Vo]:Energy will be worth nothing in the future

2011-10-05 Thread Jouni Valkonen
Jed wrote: » bananas = money » Indeed, bananas are money. But there one tiny little but that breaks this formula, because if you multiply both sides with term free, you will get formula: Free bananas ≠ free money. Therefore bananas = money is false, because of inflation it suffers, if there are

Re: [Vo]:Energy will be worth nothing in the future

2011-10-05 Thread Jed Rothwell
fznidar...@aol.com wrote: What will happen to my utility pension Jed? I predict it will be in trouble in 20 years. Fossil fuel companies and the electric power companies will enter into a long period of decline, similar to what the US Post Office is going through now. Except that the post

Re: [Vo]:Energy will be worth nothing in the future

2011-10-05 Thread Harry Veeder
Since the price of practically everything depends to a greter or lesser degree on the cost of energy, the price of fresh fruit and vegetables will drop. Economic policy will focus on deflation mangement instead of inflation mangement.    Harry    From: Jed Rothwell jedrothw...@gmail.com To:

Re: [Vo]:Energy will be worth nothing in the future

2011-10-05 Thread Alan J Fletcher
At 11:26 AM 10/5/2011, Harry Veeder wrote: Since the price of practically everything depends to a greter or lesser degree on the cost of energy, the price of fresh fruit and vegetables will drop. Economic policy will focus on deflation mangement instead of inflation mangement.