The value of all paper currency depends on the real cost of fundamental energy. This means the cost of coal, oil, and gas, along with the cost of electricity from hydroelectric and nuclear generation facilities together set the value of the dollar for the U.S. and determine the real level of health and soundness of the economy. This is the all important sub-basement for all economic activity, including the much beleaguered credit markets.
This being so, if the U.S. would pull out of Iraq and Afghanistan and spend that money on building new energy infrastructure and systems that harvest energy from within our own territories, our economy would turn around and boom within 12 to 18 months!
This is the simplest and quickest way to put the economy back on a sound footing.
Folks, a trillion dollars a year spent on our energy independence will solve most of the serious problems with the United States!
This is the very best thing the people of the United States can do to help themselves out of the financial mess they find themselves in today, Sept. 29, 2008.
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