Charles Hugh-Smith: Virtually all the heavy lifting of these processes require hydrocarbons and especially oil.
Ron: This is true currently because Tesla and others have devised technology for energy extraction from the aether etc that have been suppressed by the demonic globalist control cabal and only used in their DUMBs and space projects until Trump became president of the US. Once Trump is formally instated as the President of the reactivated Republic of the united states of America, power generation and transport modes will begin to eliminate carbon based fuels which will silence irrational anti-CO2 'Climate Change' and "Green New Deal" lobbies.
Most alt-energy systems and structures DO have to be replaced every 15-25 years see eg: The Collapse of Intellectual Standards in Science -
The Renewable Green Energy MYTH: 50,000 Tons Of Non-Recyclable Wind
Turbine Blades Dumped In The Landfill -
Another Expensive Solar Scheme Bites the Dust -
Progressive Eco-Group Admits It: Renewable Energy is a Hoax that
Benefits its Greenie Elmer Gantries like Al Gore -
Charles Hugh-Smith: the real issue is all debt service/repayment is ultimately funded by future energy.
Ron: The creation of debt and the concept of "debt servicing" and "repayment" under the demonic Babylonian system operated by the Talmudists will cease to exist on this planet very soon.
The Talmudic globalist control cabal has covertly developed a virtual global monopoly using the creation and usurious distribution of currency, ie debt, which they have used it to effectively enslave the entire global population.
To free USans and everyone from Talmudic global bankster debt enslavement it has been necessary to eliminate the Federal Reserve System (the Fed) and all Rothschilds' controlled Central banks globally and to replace them with a Quantum Financial System in which the US and every nation will be responsible for issuing gold backed money and currency in their respective jurisdictions. This initiative is currently being done by the Trump administration and its Alliance allies around the world under the guidance of the office of the International Treasury Controller.
The Quantum Financial Reset is being organised by the International Treasury Controller who began the process of agreeing, with all countries in the world, the "Pegging" of their currency to a replacement for the Petro Dollar which will be the INTERNATIONAL GOLD BACKED GLOBEC CURRENCY. That process is establishing the value of each national currency vis-a-vis the Globec which will bring them stability and away from the currency markets which are being abolished. This has involved the collection of numerous details and data so that a real and practical value can be assessed for each currency and agreed with the applicable country. See: DAVID CRAYFORD ---------- IT'S TIME THAT SOMEONE STARTED KICKING ASS SO THAT CHANGES TO THE CURRENT FINANCIAL SYSTEM CAN BE MADE TO BENEFIT EVERYONE, NOT THE MINORITY - http://abundanthope.net/pages/Whistleblower_and_OITC_114/DAVID-CRAYFORD------------IT-S-TIME-THAT-SOMEONE-STARTED-KICKING-ASS-SO-THAT-CHANGES-TO-THE-CURRENT-FINANCIAL-SYSTEM-CAN-BE-MADE-TO-BENEFIT-EVERYONE-NOT-THE-MINORITY.shtml
The Quantum Financial Reset may not be completed until after the coming Magnetic Reversal STAND STILL, and stasis period. It will transform social and economic life on this planet. Problems associated with commercial banking and usury (ie debt) as we know them will be gone. Sovereign National Treasuries will issue all local money and currency on a usury free basis. That will eliminate so-called national debt. The elimination of usury will also eliminate income taxation and pave the way for global prosperity and abundance. Gross inequality and poverty will be elimnated very quickly. This planet and its remaining inhabitants will then be ensconced in CM's Millennial Reign which was declared on 5 February 2019.].
On the face of it, future income is used to pay back borrowed money, but all future income is nothing more than a claim on future energy.
Ron: Under the coming global Quantum Financial system future income will cease to be used to pay back borrowed fiat debt tokens created by banksters out of thin air using key strokes on computers which they fraudulently call "money". ALSO, future income will be derived using human energy and intuition applied to available physical resources including electrical and other power extracted from the environment. Humans are the dynamic factor, NOT inanimate energy sources.].
Charles Hugh-Smith: "Money" without access to affordable energy is worthless.
Ron: I disagree. Money has a use value as a facilitator for the exchange of goods and services. While that use can and will eventually be dispensed with once all humans on this planet become spiritually mature and hence sufficiently conscious to serve others more than self without the need for tokens to denote individual contributions to the welfare of others and the planet, that state of higher consciousness is as yet not generally available.
Moreover, the Creator's energies creating and pervading the cosmos and our local planetary environment are infinite and eternal and readily available without cost once we learn how to fully access them. Similarly, human energy is free unless individuals are enslaved by demonic forces.
Charles Hugh-Smith: The point is that "money" is only valuable if the essentials of life are available at affordable prices.
Ron: "Money" is merely a useful means for the exchange of goods and services in circumstances in which humans are not prepared to serve other more than self. Essentially currency is a social lubricant and as such doesn't have to have value in and of itself.
Charles Hugh-Smith: Energy in any form is not magically pliable. Just as we can't turn electricity into jet fuel, we can't turn a barrel of oil into only diesel fuel. Coal can be turned into liquid fuel but the process is non-trivial.
Ron: Electro-magnetic propulsion doesn't require carbon fuel inputs.
Charles Hugh-Smith: As "software eats the world" and automation replaces costly human labor, it's also likely that the erosion in the purchasing power of labor that's been a trend for 20 years will continue and accelerate.
Ron: In the new world coming Artificial Intelligence, robotics and mechanisation etc will largely eliminate the need for human physical labour. See eg: The Permanent Unemployment & Underemployment Economy - http://abundanthope.net/pages/Political_Information_43/The-Permanent-Unemployment-Underemployment-Economy.shtml
Accordingly humans here need to develop a higher level of consciousness which enables them to care for and share with each other and the environment rather than ego-centrically competing to dominate others while clinging to primitive and barbaric attitudes to life the universe and everything ingrained in global human consciousness by millennia of demonic indoctrination and enslavement by Luciferians. In particular that means that human societies MUST eliminate corrupt mechanisms such as corporate personhood and the ability of private corporations to monopolise markets and to make excessive profits that are not adequately taxed by society. Also, given that corporations are fictions, if private corporations are allowed to exist the individual owners must not be allowed to conceal their identities behind a 'corporate veil'. See eg: Citizens United v. FEC: Corporate Personhood Must be Eliminated if Humanity is to Survive. - http://abundanthope.net/pages/Ron_71/Citizens-United-v-FEC-Corporate-Personhood-Must-GO-if-Humanity-is-to-Survive.shtml
Charles Hugh-Smith: Analyst Gail Tverberg has done an excellent job of explaining that it's not just the availability of energy that matters, it's the affordability of that energy to the bottom 90% of consumers.
Ron: This ceases to be a problem once suppressed "free" energy generation technologies are released for use by the global population.
Charles Hugh-Smith: If this theory turns out to be incorrect, the "money" used in the future to pay back debts incurred today will have near-zero value.
Ron: Energy will be abundant and almost free in the future. Why? Because the demonic cabal's Central banking system is being eliminated by the Trump Administration and its Alliance allies around the world. Also, suppressed Tesla "free energy" technologies will be released for use by the general global population. Moreover, under the global Quantum Financial System money and currency will maintain its value because it will be gold backed and properly issued usury-free by national treasuries, NOT by private banksters.
Sovereign national Treasuries will simply emit sufficient asset backed interest free money (currency) to enable citizens to build necessary infrastructure and provide essential services so that the needs of the general population are adequately catered for. When money (currency) is emitted interest free the money supply can be easily stabilised since it will not be hoarded and disappear from circulation except when and if the Treasury decides to withdraw it. There will be no incentive for banksters or others to hoard or misuse it.
Today deflationary recessions, austerity and poverty are deliberately created by banksters refusing to issue a sufficient supply of currency to sustain adequate social interaction and productivity. Insufficient currency emission is an integral part of the banksters' methodology for stealing community wealth and impoverishing and enslaving humanity.
Charles Hugh-Smith: If the lender can only buy a tiny sliver of the energy, water and food that the "money" could have bought at the time the "money" was borrowed, then it won't really matter how many zeroes the "money" will have. What matters is how much purchasing power of essentials the "money" retains.
Ron: This is why the Talmudic global Central banking system is being abolished.
Charles Hugh-Smith: The monumental asymmetry between the staggering rate of expansion of "money" - claims on future energy - and the stagnant supply of energy means this illeusion is only temporary.
Ron: Arguably the recent enormous issuance of currency by the Fed and the Central banks has been used to eliminate them via bankruptcy.
The primary fraud perpetrated by the Talmudic banksters has always been usury; and the fact that usury inevitably and continuously erodes the value of currency already in existance because it requires continuous and increasing issuance of loans to enable adequate social and economic activity to continue. The banksters' conceal this fact with rhetoric about "inflation". For instance, when the Central banksters say they seek to keep the inflation rate at 2% pa what they are really saying is that they are seeking to reduce the value of the currency needed to buy stuff by 2% pa. In effect they are saying that they are reducing the "money" in savings accounts and being paid to the masses in salaries, wages, dividends etc by 2% pa. As a result the stupid goyem keep thinking that assets like their homes and share investments etc are growing in value whereas the truth is that the currency they earn to buy stuff is being steadily reduced in value.
WHY is this the case? It's because the banksters demand interest payments on loans BUT NEVER CREATE ANY CURRENCY TO PAY THAT INTEREST. That means that for the system to survive at all the banksters have to issue EVER MORE LOANS (also at interest) to enable most of the existing loans to be repaid with interest. The net effect is that gradually the currency loses its purchasing power AND a steadily increasing number of borrowers are unable to pay the interest and principle on their loans and go bankrupt. At that point the banksters obtain the bankrupts' properties for pennies on the dollar.
The process is a zero sum game. The system must inevitably collapse when the population can no longer afford to borrow any more currency. When that is about to occur the banksters always try to create a crisis like WWI, the Great Depression and WWII in order to conceal the real reason for the need to scrap the monetary (and banking) system and start again. However today the banksters have been unable to create a war to justify the monetary/banking collapse AND the introducion of their alternative - the WEF's GREAT RESET. Moreover, their alternative to war - the COVID-19 scamdemic - has also failed to conceal the global economic collapse. WHY? Because President Trump's administration has thwarted their attempt to start a war anywhere. AND his administration has also preventedt their biological weapon - COVID-19 - from being lethal thus greatly reducing its harmful effects on the global economy and population. The failure of the COVID plandemic has exposed the global cabal's corrupt medical minions and is likely leading to their being prosecuted under a second Nuremberg Tribunal.
Currently the global bankinhg system should already have collapsed but the banksters have managed to continue its existance by reducing interest rates to near zero and even instituting negative interest rates in many places. That situation cannot last.