Sound money is key. Sound money trades for real value.
Managing our current Federal Reserve system of "legal tender" credit is but promissory notes chasing goods & services. No money. This is badly managed; carbon credits are a derivative on top to badly managed "legal tender." I suggest we rid ourselves of both. No Fed Notes. No carbon credits.
Why waste money buying & selling a new form of thin air? Carbon debits & credits?
The promise of paper Dollars pretending to be backed by gold... gold certificates... ended for US citizens in 1933~ 1934. Paper Dollars pretending to be backed by silver ended completely in 1965. gold certificates for foreign central banks ended in 1971 (See President Nixon speech: US temporarily closes gold window ).
Neither faith based paper-money nor carbon trading coupons will have intrinsic value. They are promises that someone else will pay. Both continue the racket of allowing someone to monetize a promise out of thin air.
Inflation is the increase of the money-supply. Every Dollar (whether loaned or carbon credited) into existence is inflation. If goods & services expand at the same rate as money-supply few realize those creating the money (by printing, crediting, or carboning) get a free ride.
Yes. The Hindenburg was filled with Hydrogen #1. Helium, as with all other elements, has vast potential energy. The US cornered (controlled) the Helium market. Helium is preferred for airships as it is less volatile compared to hydrogen. Interesting story.
Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul ☑
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