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To: who cares? who wrote (496)2/23/2004 4:10:38 PM
From: mishedlo  Read Replies (1) | Respond to of 116555
 
Deflation: Making Sure "It" Doesn't Happen Here
Bernanke's Nov 2003 speech

federalreserve.gov



To: who cares? who wrote (496)2/23/2004 4:20:10 PM
From: Wyätt Gwyön  Read Replies (1) | Respond to of 116555
 
well, the theoretical extractable amount is huge, but the bottlenecks are the NG for water boiling, and the pollution. also, extraction is slow since mining is required instead of pumping. it is questionable what the net energy extracted is, once you subtract the NG, the energy consumed by mining (and in making mining equipment), and whatever environmental handling there is.

long term, they'd probably have to build nuclear power plans just for extraction purposes.