An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Saturday, April 17, 2021
Associated Press — US West prepares for possible 1st water shortage declaration
Water is going to be the new gold. Blood will shed over it.
Typical Dem policy. Restrict resources, then pretend they are scarce and restrict other resources that aren't scarce because the initial resource is scarce.
Now, they are restricting agriculture and food growth because water is scarce (it's not). And if they can restrict food! Dems are trying to emulate Venezuela or Zimbabwe using "climate" as the excuse to destroy production while using MMT as the excuse to expand currency. And then Dem leaders have new digital currency ready for your use, progressive tools. Well, done. Infrastructure means welfare, not things like building the first water project in California in 60 years.. The problem is climate change, not sprawling cities. Almonds are the problem not lack of infrastructure because you squandered trillions on e-sports cars and solar panel arrays on multi-million dollar mansions that provide neither significant electricity nor water.
“We’re out of water!”
ReplyDeleteWill give you all the water you need if your government grants statehood to each and every province Canadian province.
ReplyDeleteReally need to get to Virginia badly :)
Wells are running dry in parts of southwest Nova Scotia.
ReplyDeleteThis is what real "lack" is. When you don't have a critical resource. Money, financing, is never lack.
ReplyDeleteWe need an Interstate Water Act? To move floods in some areas to droughts in others?
ReplyDeleteWe'll know when the effects of climate change rise to the level of public perception when RE values begin to discount for it.
ReplyDeleteAnecdotally, some people are already considering this to get ahead of the curve. Small sample, admittedly, but it appears to be becoming a factor.
Typical Dem policy. Restrict resources, then pretend they are scarce and restrict other resources that aren't scarce because the initial resource is scarce.
ReplyDeleteNow, they are restricting agriculture and food growth because water is scarce (it's not). And if they can restrict food! Dems are trying to emulate Venezuela or Zimbabwe using "climate" as the excuse to destroy production while using MMT as the excuse to expand currency. And then Dem leaders have new digital currency ready for your use, progressive tools. Well, done. Infrastructure means welfare, not things like building the first water project in California in 60 years.. The problem is climate change, not sprawling cities. Almonds are the problem not lack of infrastructure because you squandered trillions on e-sports cars and solar panel arrays on multi-million dollar mansions that provide neither significant electricity nor water.
Water's not scarce? Maybe seawater.
ReplyDeleteWhen I visited Yosemite the iconic falls (Yosemite Falls) was all dried up.