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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (373449)3/10/2008 3:34:05 PM
From: Road Walker  Read Replies (1) | Respond to of 1572946
 
If the supply of oil increased so that the price went down to $20, than we would be wealthier than we are now.

And the sellers would be less wealthy... hum, sounds like there is a transfer of wealth going on!

Whatever the price of oil is at the moment we only buy it when we think it is more valuable then the price

Or we have no alternative... other than shutting down out economy.

Maybe someday you will get that almost whatever it costs, we have to become much, much more oil efficient. We had this discussion when oil was less than $50 a barrel, and we'll probably have it when oil is $200 a barrel, and you will still cling to your free market platitudes as the US enters a permanent recession. Anything to avoid taking any kind of collective action that adds, in your words, a "perverse" incentive.