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

To: tejek who wrote (535351)	12/22/2009 3:39:24 PM
From: TimF	Read Replies (2) \| Respond to of 1576865

"less dependency. Let the prices rise, and you get more domestic supply, and more price based control of demand." And so you get a temporary end to long lines but the energy dependency on foreign oil continues. Continues, and reasonably so, there is no cost effective way at this time to be "energy independent", more generally such independence, is generally (for energy, but also for many other things) a very dubious idea. If you want to be "independent" on more and more things, basically your declining to trade, and you lose out on all the economic benefits of it. And yes you could say "I only want energy independence, not everything independence", but its not like the problem suddenly appears when you stop trading in everything. Each part you yank out of potentially being an item of international trade for the US, weakens the efficiency of the US's and the world's economy. But if you want to be "independent" anyway, allowing higher prices, contributes to the effort. It reduces domestic demand, and encourages domestic supply.