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air miles don't give you a plane ticket when you need it, but when it's available, and subject to variously painful conditions.

Unless you"re suggesting that we go to a world where electricity is only available erratically and unpredictably, and that we use it only when it's actually there, the comparison makes no sense.

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Sun Jan 3rd, 2010 at 08:58:32 AM EST
[ Parent ]
Securing supply is distinct from securing price.

What part of 'redeemable in payment for value supplied' is so difficult to understand?

"Any economic unit can emit money. The serious problem is to get it accepted" Hyman Minsky

by ChrisCook (cojockathotmaildotcom) on Sun Jan 3rd, 2010 at 11:29:40 AM EST
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