lee wrote on Oct 14
th, 2022 at 5:12pm:
thegreatdivide wrote on Oct 14
th, 2022 at 3:46pm:
Cost is not a substantive issue for a currency-issuer (government).
All this based on a theory that has never been substantively tested. What could possibly go wrong?
Nothing.
btw, note the Oz government is now on the hook - to
private money lenders - to the tune of c. $1 trillion, around $350 billion of which is directly the consequence of government borrowing during the covid enforced lockdowns.
So now citizens are up for a double whammy, as interest rates rise, further enriching the private money lenders. as governments (like private borrowers) are forced to pay ever higher interest repayments on the debt.
Sheer madness; the whole evil system should collapse of its own accord soon, as governments around the world begin falling over - while enriching private money lenders - under unsustainable public debt.
Quote:More of your MMT bullschist.
Resources, not money are needed by the currency-issuer to build things. Your evil private greed-based system of debt-based money creation is THE barrier to a better world.
Quote:You mean ongoing floods are good for people? How about the environmental damage of lithium mining?
Dumb mode again: dams are not ongoing floods;
and clean mining practices are a matter of good planning and execution.
Quote:100% recycling of toxic waste? What the hell are you going to turn it into? So no science, no maths and no clue.
If it can't be recycled (like nuclear waste), then safe storage. Oz could safely store all the world's toxic waste, but there are many other sites around the world.
Quote:Now all you have to do is show your science is correct]
Nah.....I'll leave that to others, I want to see Dr. Saul Griffiths' plans for 'Rewiring Australia' (google) come to fruition.
Quote:While ever there are evil men (women) in the world there will be wars.
Not so fast; whoever insists on national sovereignty (and the absurd doctrine of "legal" war) above
rule of international law, is complicit in the endless madness.
Ouch....
Quote:And nothing about their politics.
Instinct-driven irrationality is beyond politics.
Quote:That was then. Now it is all about Climate Reparations. The money to come from those evil fossil fuel countries. The same Fossil fuel that gave them advancement, schooling, medicines.
Er ...Trump's trade wars (ongoing) affecting friend and foe alike, are now...
Quote:How about 7 days.
And only because world electricity is a no go. So the need is to look regionally.
Singapore has plans to import Pilbara sunshine, Japan to import Oz green hydrogen (ammonia) to produce green electricity.
The possibility of the northern half of Oz being shrouded by cloud, and the entire Oz coastline being windless for 7 days is ......vanishingly small.
Quote:So it is not about energy security for anyone? Thanks for that.
Dumb mode again....