Trading on Thin Air

Discussion in 'YouTube Digest' started by Rubbing Elbows, Aug 23, 2012.

  1. willrocks

    willrocks Well-Known Member Silver Stacker

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    The point I made is that carbon not scarce, both on earth, and in the universe. Therefore it does not make a good store of wealth. The only reason I stack carbon (firewood) is to burn during winter, and only because it's cheaper than paying for electricity.

    So what you're trying to say is the government's ability to further tax people based on a false assumption that carbon causes damage to the atmosphere should be considered valuable?

    So what's the difference between carbon credits and government bonds? They're both backed by the government's ability to tax people, and therefore have inherit counter-party risks. Precious metals on the other-hand do not have counter-party risk.

    Rocking horse poo is difficult to find too. That doesn't make it valuable. There's plenty of scarce things that aren't valuable.

    Gold on the other hand has over 5000 years of history, it is inert, distributed around earth, fungible. Gold has seen almost every form of government come and go along with their various currencies. Gold is money, it's a store of wealth, that's its purpose.

    Total and utter BS. Plants use carbon dioxide to grow. More co2 in the atmosphere = better plant growth. It's a win-win situation, I burn carbon, plants grow, I eat plants.
     
  2. Yippe-Ki-Ya

    Yippe-Ki-Ya New Member

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    Mate - I've said it before and i'll say it again - these "liberals" (a euphemism for rabid central planning, big government lovers - on the extreme left and right of the spectrum -equivalent for all intents and purposes) suffer from a form of insanity, so you can't hold it against him mate.

    http://www.sodahead.com/living/is-liberalism-a-mental-disorder/question-2384405/

    [From The Liberal Mind; The Psychological Causes of Political Madness by Lyle H. Rossiter, Jr., MD]
     
  3. CriticalSilver

    CriticalSilver New Member Silver Stacker

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    Well Big A.D. I'm hanging up my gloves on this one as anything further I would say is redundant. That you can even compare the physically finite resource of Gold with the discretionary and potentially corrupt nature of allocating carbon credits is concerning, but that you attempt to equate the two as both being natural economic systems is outrageous in its deceitful audacity.

    But I thank you for the opportunity you have provided in debating this topic.
     
  4. markcoinoz

    markcoinoz Well-Known Member Silver Stacker

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    Interesting and well thought out Vid.

    The alarming part is that the same Banksters, same Fraudsters are controling the strings at the top to move from one debt laid financial system into a completely new enslaved system.
    They controled fiat out of thin air and will do exactly the same with a new improved ponzi scheme model to enslave.

    Did anyone see 60 minutes a few months back where this QLD entrepreneur goes over to Sth America to one of the thickest untouched rainforests in the world, leases the land of the natives for the next 20 or 30 years and with all the Carbon Credits he will be getting can then on sell those Carbon Credits to large companies like Comalco, Rio or BHP and make an absolute fortune.

    Ex: This guy sells all his Carbon Credits from a Rainforest he leases many thousands of miles away to BHP who may need topping up their Carbon Credits in the Pilbara.
    What has changed? BHP is still emitting the same amount of pollutants in the Pilbara.
    The rainforest hasn't moved over on a magical mystery tour to the Pilbara to cut down the emissions.
    What has happened is a transaction has taken place just like Fiat.
    There is nothing tangible. Nothing at all except that prices will increase to offset that transaction.
    Emissions have not reduced.

    Please, please tell me who benefits out of this scheme and who are the losers?
    Pretty obvious isn't it.

    Its an imaginary ponzi scheme with real winners and losers.

    Where will Gold and Silver fit into the equation once the dust has settled and the majority of the sheeple have welcomed in a new Fiat Currency that saves the planet
    from Global Warming and financial armegeddon? Cough! Cough!! I mean Global Cooling or anything else they want to feed the masses as truth.
    The Greens Mantra. "Sustainable Development".

    I can see it now in years to come on the "Buy, Sell or Swap"
    "WTB 10 oz Silver PM Bar for 100 Carbon Credit Certificates."

    The new Fiat with the same Ponzi scheme and the same ones behind it.

    Cheers markcoinoz
     
  5. heartastack

    heartastack Well-Known Member Silver Stacker

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    Lolling at the direction this thread took... Too obvious the people who didn't bother watching (or at least I hope they didn't!)...

    What a farce.. I'm actually embarrassed it's taken me so long to bother trying to understand carbon credits. Thanks for posting OP.

    I'm tipping tipping this is just a side-show casino created by the "big boys" as a function of having too much funny money to play with. I'm about as worried about carbon credits becoming a one-world currency as I am about mortgage backed securities being used as money...

    What's up with China saying that the one child policy entitles them to billions of people worth of carbon credits to sell? So my girlfriend could have an abortion every year and give us a good packet of carbon credits? Sickening stuff.
     

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