- Joined
- Mar 26, 2007
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- 147
Yes, it has always been there, but it has not be accounted for in the finite resources list.
But in this case, demand is increasing for helium so my point is that with increased demand the pricing may still go up.
Demand is not always defined by the product itself, but in the uses for that product which can increase quite separately from the actual product itself ...
Silicon for example was in demand to make semi-conductors, then computers and the solar industry saw demand for it increase yet pricing has just risen each time there was more demand. Though the pricing is down to the need for manufacturers rather than the raw ingredient itself ...
What you are saying (if I understand you correctly), is that nothing new that is discovered/created can only create demand by equally reducing the demand of something else, so they balance each other out?
The resources, in this case helium, is inextricably linked to the money supply - when the new gas source is discovered, it makes no difference until it starts to be sold, then it affects the money supply. Keeping the gas and not selling it would alter nothing.
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I'm getting a long way away from where this started out, which was how money is created. Which is through debt. Our government does not control the money supply...has no control over the minting of our currency.
Money is not just introduced to the economy...it's lent to it. It's a system set up to fail. Our government borrows money to pay off interest. Now, if you or I were doing that, how would it finish up? You would lose everything you've got. So tell me, why do you never hear politicians mention any of this? And why do ex PMs usually go straight into multi-million pound contracts 'advising' banks and finance companies.?