FinancialAdvisor's College Class (FACC)

[flota]

archaic energy? Oil is one the best resources ever used on this planet and the most efficient if you take into consideration economies of scale. Thats a very ignorant statement. So tell me FA, how do you create asphalt, plastic, paints, rubber, etc, without oil you would still be working on a field picking wheat.

Alternative fuels are still a joke and very early in their stages it will take around 10 years or more and probably the Japanese will be the once that will embrace it the most since they have very little natural resources.

So gold is not archaic? LMAO. So if you are going back to Gold standard might as well go back to middle ages, going back to Gold stadard would have catastrophic consquences on the economy. Gold is a finite resource. There is simply not enough Gold to support the purchase of all the goods that are produced. Now this would work in pre industrial societies since there is not much produced but it will never work in a society that is producing massive quantities of goods and services.