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wrote:
the company makes 40% gain while its machines make 40% waist.
perpetuum mobile still doesn't exist, right?
if economy and physics do not mix then how come we are geting energy
for money?
Interesting you should bring this up. We aren't getting energy for
money, or money for energy, at exactly 1:1.
Ostensibly money is supposed to represent a certain magnitude of
work. You get paid money in exchange for some tangible asset. But what
happens, people being as they are, is that someone invented the
practice of borrowing & lending money, with interest being paid &
received. Compound interest is particularly nasty. A dollar represents
an amount of energy transacted in the economy, which nowadays usually
amounts to mined petroleum. As long as the rate of mining petroleum can
be constantly increased, there can be increased energy to back the
increasing number of dollars in circulation due to compound interest.
Once peak oil is hit, the available wattage by oil will decline, even
though the wattage demanded by number of dollars in outstanding debt
will persist in skyrocketing. Thus, there will be a clear divergence
between energy & dollars.
-Mark Martin
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