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the price of energy will rise - all the whining in the world won’t stop that Peak oil is upon us. Coal sequestration will likely raise the cost of coal by three or four times. Nuclear is the safest and cleanest known mass energy system. Filthy fossil fuels are externalising their filth. That is, they are not paying for the damage they do, they pump it out in to the community at large, whereas nuclear power keeps to much higher standards. Concentrating power concentrates dangers. Lack of power is called ‘poverty’. Poverty is the world’s greatest killer. Infrastructure costs money. The old power stations and grids cost to build. New systems will cost to build. Windmills will cost to build. Nuclear power stations will cost to build. There ain’t no such thing as a free lunch. Only a socialist will claim otherwise. Nuclear power is the safest known system. People fixing solar panels fall off roofs. There are millions of roofs. Running and maintaining a system is cheaper than replacing a system. The present systems are obsolescent. Energy costs money. Energy will become increasingly expensive, but... Use of energy is becoming increasingly efficient by 1 or 2% a year. Such compounding will make things look a lot better than the moonbats and doomsters suggest. The more efficiently you use energy, the more energy will be used. I listened to the idiots ranting on energy on BBC Question Time last night. The dishonesty and the ignorance on the subject verges on the depressing. [An ocean of related data starts here: replacing fossil fuels: the scale of the problem] the web address for this article is |
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what is ‘quantitative easing’? ‘quantitative easing’ is just another dishonest word for printing money - that is, inflation.
In the last year to eighteen months of Brown the Clown’s time, he printed (through the Bank of England) about 20% of the prior money stock (supply). This lowered the real value of UK money by about 20% (this is one of the key figures that matter, not some absolute number). Brown also lowered the real GDP by about 10%. Thus, the value of money fell by around 30% (10+20), and that is in just that short period. The printing was slowed to approximately zero shortly before Brown was ejected, and has stayed at those much lower levels since David Cameron took over. If you take the whole 1997-2010 years of socialist destruction, my estimate is that fascist ‘New’ Labour, at a very minimum, halved the value of UK money during that time. Money supply chart/s included in related material |
