[ExI] repercieve the economy [was: Engineering]

ablainey at aol.com ablainey at aol.com
Sun Dec 23 15:08:16 UTC 2012


-----Original Message-----
From: Rafal Smigrodzki <rafal.smigrodzki at gmail.com>
To: ExI chat list <extropy-chat at lists.extropy.org>
Sent: Sun, 23 Dec 2012 4:33
Subject: Re: [ExI] repercieve the economy [was: Engineering]

 >A coal
plant will be able to pay a janitor many joules per hour. 

Afterthought: As the currency can't be inflated. The janitors pension can't change present value. The government can't steal from future earnings of the working man.
Likewise for any savings. The only way to steal it would be to overtly tax savings and pensions. It can't be done through sleight of hand in fiscal policy as we see constantly today.

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