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Re: Gas prices to take 10 million cars off the road: report
Quote:
Originally Posted by Kennyboy
The good news: less cars on the road emitting CO2 emissions.
The bad news: Consumers will spend less on disposable items and the car market will be the weakest in years. Not good news for GM
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Last time I checked Co2 is an essential element needed for plant photosynthesis and the more Co2 there is in the atmosphere the better they grow. That is why greenhouses often pump Co2 into them to make the vegetation flourish. Also, humans and animals exhale it and trees release it when they compost. I can't believe how many people are suckered into thinking that Co2 is a toxic gas. Co2 was more abundant during the Jurassic period than it is today - and vegetation was massive. It is one of the four essential life-giving elements on this planet and we need it to survive.
Another point, gas is being driven up in price because of inflation - not supply and demand. Inflation is the expansion of the monetary base without the equal expansion in production. This is done illegally and even OPEC had to admit that this price increase is due to a dollar debasement. (when the dollar gets destroyed it cannot buy as much thus the increase in prices).
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"In the economic sphere an act, a habit, an institution, a law produces not only one effect, but a series of effects. Of these effects, the first alone is immediate; it appears simultaneously with its cause; it is seen. The other effects emerge only subsequently; they are not seen; we are fortunate if we foresee them." -- Frédéric Bastiat
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