Money, Air and Oil

The biosphere is struggling to cope with air pollution from burning fossil fuel. There is talk of fuel shortages, but consumption increases year after year. An unkind truth about burning fossil fuel for power is that air is required. For each unit of fuel consumed, the biosphere must provide 14 times as much AIR. Yikes! Air, our life support, is being consumed 14 times faster than our supply of oil. Shazam! Why is this ratio not mentioned in the TV News? Where is the discussion from think tanks and Professors and news analysts?

Obviously, we have a complicated situation. Further, fossil fuel consumption has a nearly unbelievable secret. Burning oil creates money. Double Yikes!! Here is the example of how oil creates money. Load oil on tanker ship. Get bill of lading. Take bill of lading to bank. Bank accepts bill as loan collateral. BINGO! Money is created. Another secret is now revealed. Any reduction in oil use automatically reduces the world supply of money.

Holy Moly!!! To stop oil use is to stop large scale money creation. Without the ever increasing money supply from burning ever more oil, there would be no additional money in the banking system to pay the ever increasing interest on bank created debt.

Obviously, this system of money creation with its appendages of national debt, interest rates, mortgages and taxes is inherently defective and unsustainable in the physical sense. But, now because of the linkage of oil to money creation, you can see why alternative, clean "free energy" technology is going nowhere. It doesn't create money. The problem is not the technology. It is about how to replace the obsolete and defective Moloch system for creating bank money. Moloch, the most high God of banking, is the God of perpetual debt, money at interest and stock exchange finance .

The Biblical Prophets called this bank/stock exchange money creation system Usury. It has offended nature since the beginning. Certainly, in order to have an energy system that is compatible with nature, the Moloch system will have to be replaced by a modern version of the Abraham Lincoln "Greenback" system. This greenback system has saved the Republic from financial crisis before without national debt and interest rates. The 4950 Savings and Loan Institutions of President Nixon that were destroyed by the Senate Watergate Impeachment hearings will have to be reconstituted as a new version of the Abraham Lincoln National Banking System.

R Duane Willing is author of the book; MONEY: The 12th and FINAL RELIGION. http://www.rduanewilling.com Richards blog and video can be found at http://12thfinalreligion.blogspot.com/

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