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    Get Rich in Commodities Superboom, thanx environmentalists

    "Actually demand increased and supply decreased, again just facts. The whole state was out of power. The shortfall was significantly greater than the total generated by wind. Since demand increased then wind, since it's a non-dispatched resource that always produced 100% of what it's capable of...
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    Get Rich in Commodities Superboom, thanx environmentalists

    1. Info should be judged on its merits whenever that is feasible. In this case, it should be very easy to find disconfirming data if the factual claims in question are not correct--such as no viable fusion devices that can utilize helium3, even if we could get it back from the moon in quantity...
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    Copper?

    https://dothemath.ucsd.edu/2011/10/stranded-resources/
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    Copper?

    https://www.tor.com/2018/10/05/sorry-to-crush-your-dreams-but-were-not-colonizing-space-anytime-soon/ SNIP Helium three is an isotope of helium that has been hyped by space boosters. It is a potential fusion fuel ; its reaction paths produce fewer neutrons than do deuterium and tritium. It’s...
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    Get Rich in Commodities Superboom, thanx environmentalists

    You have it backwards. Power availability did not increase in Texas, it declined. So let's stick with your widgets analogy. World production is 100 widgets per unit of time. Your company produces 16 of them, or 16%. Then your widget plant burns down, and world production falls from 100 to 84...
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    Get Rich in Commodities Superboom, thanx environmentalists

    The main problem that needs to be resolved with EV's is the battery. Advanced battery tech has been researched intensively and steadily since the first cell phones hit the market in 1984. That was 35 years ago. At this point it is a very mature technology which can no longer improve by leaps...
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    Get Rich in Commodities Superboom, thanx environmentalists

    You are quite correct, it has NOTHING to do with "massive fiat printing" because THERE HAS BEEN NO FIAT PRINTING IN THE UNITED STATES OR IN MOST OTHER DEVELOPED COUNTRIES. QE is NOT "money printing" in any sense of the word, because bank reserves are not part of the money supply, nor do they...
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    Get Rich in Commodities Superboom, thanx environmentalists

    Mathematically, that is entirely possible. Think it through. In fact, it is mathematically possible (although not true in this particular case) that something that generates 20% of the power could be responsible for 100% of the power outages.
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    Get Rich in Commodities Superboom, thanx environmentalists

    Your first group of arguments, "just like fossil fuels," is incorrect; it is not like fossil fuels because the scale of production and therefore environmental degradation and labor abuse will be many times greater. Scale matters. Also, there may be just not enough of certain minerals. Your...
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    Get Rich in Commodities Superboom, thanx environmentalists

    Second issue first. I googled this, and the original Ford Model A of 1903 drove comfortably at 40 to 45 mph, and had a top speed of 65 mph (105 km/h), thus much faster than a horse, and it didn't get tired or have to be fueled (fed) when not in use. Speed advantage was even faster when you...
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    Get Rich in Commodities Superboom, thanx environmentalists

    I agree that hydrogen would be better for the environment, but hydrogen has other problems. Either it is derived from methane (natural gas, which is a finite resource), or it is derived from water via electrolysis which requires electrical production. Hydrogen is in effect an energy carrier...
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    Get Rich in Commodities Superboom, thanx environmentalists

    Motorized transport let us move more men and goods faster and safer and at lower cost per mile than with the horse. It gave us more for less. EV's are offering us less for more, and there may not even be enough minerals to scale EV production up to levels that Green True Believers aspire to.
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    Get Rich in Commodities Superboom, thanx environmentalists

    "The world is literally about to embark on the biggest increase in mineral and metal mining in history." https://dailycaller.com/2020/10/27/green-new-deal-laws-of-physics/
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    News articles about the Financial Transaction Tax

    I don't want to live in a European style country. I want low taxes and a small, weak federal government, and businesses with lots of cut throat competitors.
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    News articles about the Financial Transaction Tax

    Monopoly capitalism is dysfunctional economically and culturally and a threat to our form of government. Democrats used to understand this, but now you have become lackeys and apologists for the oligarchs. What happened to you guys? You used to be fanatical defenders of free speech to a fault...
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    With regards to quantitative easing, printing, etc, does this mean the US will go the way of Japan?

    It's not different in Japan--or in Europe either. QE can lead to excessive bank lending in some circumstances (and bank lending is what creates inflation--and economic growth), but those circumstances do not prevail in the developed world these days. However, it might still induce increased...
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    With regards to quantitative easing, printing, etc, does this mean the US will go the way of Japan?

    Debt has to be paid back in dollars. Rich have most of their assets in stocks, bonds, and real estate. If you tried to convert one third to cash, you couldn't. You would just crash all markets. And government would still not have learned to restrain its spendthrift habits. In the resulting...
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    With regards to quantitative easing, printing, etc, does this mean the US will go the way of Japan?

    Because QE is not money printing. Not in Japan and not in the US. Even Powell has publicly admitted this. All those media pundits and no-nothing journalists who call it that have no idea what they are talking about.
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    Texan grid

    Gee, is there no place I can't get away from the CCP's low budget propagandists? Anyway, China has plenty of problems (and one big problem--the CCP), and that will become obvious for all to see eventually. But I will congratulate the CCP on getting its bought and paid for boy Biden installed as...
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    Texan grid

    More education would be nice, but schools can cram only so much knowledge into kids' heads, and the talent of the students is all important for that. When looking at measures that are not distorted by the Flynn Effect, real intelligence fell the equivalent of 13 IQ points in the 13 decades...
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