[ExI] How Electricity Became a Luxury Good
alfio.puglisi at gmail.com
Wed Sep 11 18:09:29 UTC 2013
On Wed, Sep 11, 2013 at 8:00 PM, Mirco Romanato <painlord2k at libero.it>wrote:
> Il 11/09/2013 18:06, Alfio Puglisi ha scritto:
> > On Wed, Sep 11, 2013 at 12:00 AM, Kelly Anderson <kellycoinguy at gmail.com
> > <mailto:kellycoinguy at gmail.com>> wrote:
> > The North Dakota story is illustrative of what I think will happen
> > in the future with other sources of energy.
> > 1) It wasn't tapped until improvements in technology (methods of
> > fracking) made it economical.
> > Shouldn't that be "until the price of oil rose enough to make it
> > economical" ? The main change in today's world is that oil is 5x-10x
> > more expensive than before.
> Not in term of gold.
> But I suppose you are talking about prices set in toilet paper with
> (usually dead) politicians printed on.
No, it's in terms of the average worker's salary. Or maybe you are paid in
fixed-weight gold for your work?
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