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bsrsharma
Participant$10/Gal. gas price will dramatically reduce air pollution and global warming, greatly reduce road congestion, improve traffic safety and make occasional driving fun. It will completely destroy exurbs, greatly devalue the price of suburban homes in the bedroom communities and increase the price of homes in/near employment centers and homes closer to public transportation.
On balance, it will cause much social dislocation but eventually be good. Just like moving from an agrarian society to industrial society.
Whether we like it or not, petroleum is finite and all this has to happen; either now or 10/20 years later. Why not now than later?
Participant$10/Gal. gas price will dramatically reduce air pollution and global warming, greatly reduce road congestion, improve traffic safety and make occasional driving fun. It will completely destroy exurbs, greatly devalue the price of suburban homes in the bedroom communities and increase the price of homes in/near employment centers and homes closer to public transportation.
On balance, it will cause much social dislocation but eventually be good. Just like moving from an agrarian society to industrial society.
Whether we like it or not, petroleum is finite and all this has to happen; either now or 10/20 years later. Why not now than later?
Participant$10/Gal. gas price will dramatically reduce air pollution and global warming, greatly reduce road congestion, improve traffic safety and make occasional driving fun. It will completely destroy exurbs, greatly devalue the price of suburban homes in the bedroom communities and increase the price of homes in/near employment centers and homes closer to public transportation.
On balance, it will cause much social dislocation but eventually be good. Just like moving from an agrarian society to industrial society.
Whether we like it or not, petroleum is finite and all this has to happen; either now or 10/20 years later. Why not now than later?
Participant$10/Gal. gas price will dramatically reduce air pollution and global warming, greatly reduce road congestion, improve traffic safety and make occasional driving fun. It will completely destroy exurbs, greatly devalue the price of suburban homes in the bedroom communities and increase the price of homes in/near employment centers and homes closer to public transportation.
On balance, it will cause much social dislocation but eventually be good. Just like moving from an agrarian society to industrial society.
Whether we like it or not, petroleum is finite and all this has to happen; either now or 10/20 years later. Why not now than later?
Participant$10/Gal. gas price will dramatically reduce air pollution and global warming, greatly reduce road congestion, improve traffic safety and make occasional driving fun. It will completely destroy exurbs, greatly devalue the price of suburban homes in the bedroom communities and increase the price of homes in/near employment centers and homes closer to public transportation.
On balance, it will cause much social dislocation but eventually be good. Just like moving from an agrarian society to industrial society.
Whether we like it or not, petroleum is finite and all this has to happen; either now or 10/20 years later. Why not now than later?
ParticipantOne thing I didn't see in the article is how can Bernanke or FED keep $ strong? It is the deficits (Government budgets, trade, private borrowings etc.,) that compel $ to go down. When there is not enough foreign money (and willingness to lend it), $ has to depreciate. FED can't do a thing in the long run. If there was a way, all other Central Banks of weak currency states (Zimbabwe anyone?) would have implemented it and made the countries richer. Bernanke or FED can make $ strong when cars run on water.
ParticipantOne thing I didn't see in the article is how can Bernanke or FED keep $ strong? It is the deficits (Government budgets, trade, private borrowings etc.,) that compel $ to go down. When there is not enough foreign money (and willingness to lend it), $ has to depreciate. FED can't do a thing in the long run. If there was a way, all other Central Banks of weak currency states (Zimbabwe anyone?) would have implemented it and made the countries richer. Bernanke or FED can make $ strong when cars run on water.
ParticipantOne thing I didn't see in the article is how can Bernanke or FED keep $ strong? It is the deficits (Government budgets, trade, private borrowings etc.,) that compel $ to go down. When there is not enough foreign money (and willingness to lend it), $ has to depreciate. FED can't do a thing in the long run. If there was a way, all other Central Banks of weak currency states (Zimbabwe anyone?) would have implemented it and made the countries richer. Bernanke or FED can make $ strong when cars run on water.
ParticipantOne thing I didn't see in the article is how can Bernanke or FED keep $ strong? It is the deficits (Government budgets, trade, private borrowings etc.,) that compel $ to go down. When there is not enough foreign money (and willingness to lend it), $ has to depreciate. FED can't do a thing in the long run. If there was a way, all other Central Banks of weak currency states (Zimbabwe anyone?) would have implemented it and made the countries richer. Bernanke or FED can make $ strong when cars run on water.
ParticipantOne thing I didn't see in the article is how can Bernanke or FED keep $ strong? It is the deficits (Government budgets, trade, private borrowings etc.,) that compel $ to go down. When there is not enough foreign money (and willingness to lend it), $ has to depreciate. FED can't do a thing in the long run. If there was a way, all other Central Banks of weak currency states (Zimbabwe anyone?) would have implemented it and made the countries richer. Bernanke or FED can make $ strong when cars run on water.
ParticipantWhen I lived in SD, the correlation between recessions and peak hour freeway traffic was near 100%. But I visited and drove on 15 North and 5 South on a Friday evening a couple of weeks back and it was almost as bad as anytime I remember. You may be right; But I haven’t seen it yet.
ParticipantWhen I lived in SD, the correlation between recessions and peak hour freeway traffic was near 100%. But I visited and drove on 15 North and 5 South on a Friday evening a couple of weeks back and it was almost as bad as anytime I remember. You may be right; But I haven’t seen it yet.
ParticipantWhen I lived in SD, the correlation between recessions and peak hour freeway traffic was near 100%. But I visited and drove on 15 North and 5 South on a Friday evening a couple of weeks back and it was almost as bad as anytime I remember. You may be right; But I haven’t seen it yet.
ParticipantWhen I lived in SD, the correlation between recessions and peak hour freeway traffic was near 100%. But I visited and drove on 15 North and 5 South on a Friday evening a couple of weeks back and it was almost as bad as anytime I remember. You may be right; But I haven’t seen it yet.
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