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PJ~1 Of Cucumbers, Kilowatts And Commerce, In The Coming Climate

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Uploaded by on Feb 14, 2010

In recent history, a promissory note, became exchangeable for that tangible.Today, a promissory note has no tangible value. The the only value of the currency is, as a representation of the asset of the national debt, what the banking cartels hold, in the form of our debtor nation's collective honor. The ghostly worth is easily revealed, when the corrupt economic tyrants in charge of printing these notes, succumb to the temptation of creating a bottomless supply, to their own pockets. I want to make that feat of idiocy, harder to do. Our money woes are just beginning. Bartering will return as a daily means of localized commerce. And there will be temptations to return to standards of silver, gold and gems. That would be folly, to tempt the return of banditry and piracy, indistinguishable from their heydays. We need a notion of commerce that is adaptable to the needs of the next several millennia. The promissory for salt was perhaps the most stable of currencies in all of history. Though like oil and coal today, it's easy for some to acquire, and for most it's not. It was worth making the providers and merchants of salt very wealthy, as the commodity was, and still is, universal.
What would be the most universally descriptive term, for a unit of energy?
Easily convertable from any other unit of energy, from a calorie, to a watt, to a drop of gasoline? Would it be the therm or thermie? We need the most translatable and non euphemistic term available, to base a new bartering economy, on the basic unit of useful energy.
What it takes in energy to grow and sell a cucumber, or a pair of scissors, or a toothbrush, needs to be translatable into a universal quantity unit term of the energy required for that whatever's, availability at market place. Here's the part that makes it work; Reflected in the value of a defined energy unit, and the composite value of a given product, is its green to black ratio. Let's say that hypothetical unit (A) is from a fully renewable, and this energy's green/black ratio was rated @ "99". What that should mean is that the environmental cost, to create that unit of green energy, and to mitigate for subsequent damage, is almost nothing. Windmills, wave capture, geothermal, infrared and photovoltaic solar, might all qualify for a high value energy. Let's say that hypothetical unit (B) is a filthy energy, and this energy's green/black ratio was rated @ "-99". What that means is that the environmental cost, to create that unit of energy, and to mitigate for subsequent damage, almost completely overwhelms any market value. A 50 year old diesel generator that fires up maybe 4 times a year, only for max peak power demands, yet eats 100 times that much in resources, just to leave the lights on, sequester its carbon, and attendants on duty for the rest of the year. Or a high sulfur content coal burning power plant with poor ash containment, out of date pollution controls, and that is dangerously close to a vital water supply. These conditions that should not exist, would not need government regulation. Economics would simply kill such insanity. The point of an energy unit, that is green/black ratio valued, as a money, is to reflect true costs of the damage done to the entire environment, in order to get that sum of energy, in the form of a cucumber, or kilowatt. The more carbon, pollutants, toxins etc, that must eventually be taken out of the air, land and seas, (as a result of producing whatever), the greater the true energy costs, and the less its value as a tangible commodity. "What are the downsides?", anyone sensible will ask. We don't really know right now, if that 99 cent cucumber from Walmart, actually costs the equivalent of $4, $40, or $40,000.
Please watch the video, The Story Of Stuff.
http://www.youtube.com/watch?v=gLBE5QAYXp8
A unit of green produced energy would have a far higher value, because the cleanup ratio is too close to zero, when compared to a carbon/toxin generating created unit. When calculated honestly, the inflation rate on a carbon unit of energy, or its equal in carbon provided clean water, treated sewage, electricity, or a cheeseburger, will be cost prohibitive. Since people are indirectly made of fossil carbon, come food, folks might finally figure out that condoms cost far less than babies. Or for that matter, exercise and a healthy diet is far cheaper than a pacemaker & a bypass.

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Uploader Comments (DonQuixotedeKaw)

  • Cool. I always shake my head at the people who want to buy up lots of gold and silver. What good is it really? lol

  • @Barklord It makes really wonderful electronic component, and women smile.

    But in today's world? Not much more.

    Thank you for coming for a look. I hope that you can endure. :-)

  • Interesting!

  • @RyRyVids Have you been back to see more the PJ series? It's in my channels playlists, along with a longer series, integrated with the PJs, with more related educational videos. It's called; Conceiving A Panacea. Please check it out if you have the time and the interest.

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All Comments (53)

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  • New subscriber here. We're definitely kindred spirits, brother!

  • The Story of Stuff is on my favorite list too. I have been struggling with the idea that we need a monetary unit that expresses value is something other than silver or gold. The dollar (thaler) is silver and the guilder (gulden) is gold, pounds are silver and so on and so forth. The real value of the "stuff" needs to reflect the "costs" of the "stuff". Topping my list of measures is the base value an hour of human effort which must include the cost of human life. More later ... maybe.

  • I'm afraid you are WAY over my head...

  • also I will just throw out there, I think we need to distinguish between capital money and consumption money, with associated depreciation of capital money and elimination of consumption money as necessary. Everyone should be guaranteed a certain basic level of consumption, think of it as welfare for producers suffering from lack of demand.

  • yeah I haven't had time to look at the other ones, will try... also, some typos, meant "processes required". it's a big question, space here is limited. I am now interested in trust networks, self issued credit, personal balance of trade, open credit rating systems. Society is reorganizing itself around the network, energy production/distribution and money/credit will follow that trend. All commerce is based on trust, increase trust and prosperity will follow.

  • @unabonger777 Yes, a very good reply, if you've only watched this one video.

    Such a good reply, that I may do a video addressing these concerns, specifically.

    If you want to see, how that paradigm could potentially shift, please watch more of the series. This video was not a dead end, but a glossing over of the situation, and introduction to the coming concepts. Thank you, this hard edged treatment is what I need.

  • Energy is based on raw commodities and capital intensive processed require to convert the energy to usable form. Therefore it is subject to monopolization by private ownership and financial cartels. Energy is used as it is transformed, so it is not a store of value. Commodity backed systems are based on scarcity. We practically already have an energy currency regime in place with the US "petrodollar" being the de facto currency of oil purchases and Int'l transactions.

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