I:
>> Fiat money is a fraud 

Gerhard : 
>I suspect you're talking about money that's not based on gold.

        Almost. I'm talking about "comodity money" as opposed to "fiat
money". Yes, gold used as money is a comodity money. Other comodites could
be used, but gold is the more convenient.
        

>> 2) The production of energy [...]

>Now I would like to see this "production of energy" happening -- that could
>be the end of our problems :)

        Very funny. But of course the joke does not address my point. Do you
call that 'changing the subject' perhaps ? 


>> Economics is not an engineering problem. 

>Not necessarily, depends on the approach. But applying logic doesn't hurt
>either :)
        
        I'll take that as a hint that I'm not using logic ?

        To recap : The enviromentalist, green engineer asserts that oil is
too cheap and that it 'should' (morals!) be more expensive. What this means
is that the preference (higher energy prices) of a few  should be forced
upon the many. I call that authoritarianism.

        Anybody talking about prices must of course use logic. So the first
logical step is to take a closer look at the tool used to measure prices.
That tool is money. I'll let you come up with a logical analysis of money. I
do hope you realize that fiat money is not logical, that fiat money is a
wrong premise, and that conculsions based on a wrong premise are invalid.
But perhaps that would be too much logic...and won't suit green feelings...

        


J.

      



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