Author: admin

Storage

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Electricity us used by everyone but cannot be stored. Fuel can be stored and could be used to back the money, but it is challenging to distribute except through centralized means. Engines are not ‘money,’ but they are an excellent alternative to gold and silver as an asset. Working together, engines, fuel, and electricity can ….  Read More

Machines, fuel, electricity

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Of course, the biggest drawback is that we cannot store watt-hours or kilowatt-hours. To fix this, we consider Power Currency to have three components. • Machines – steam turbines, nuclear power, PV cells, wind turbine, generator, car engine, ship engines, and farm machines. • Fuels – oil, coal, biomass, sunlight (if harnessed), biodiesel, ethanol, gas, ….  Read More

Energy and Water

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Besides water, can you think of a commodity used by more people than energy? Everyone uses electricity. The Census says there are 111 million homes in America, and 111 million homes use electricity. If we can find a way to use energy – especially electricity – as a medium of exchange, then we have money ….  Read More

Inflation

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There is a massive inflation in the money supply. In the 1950s, there was still some restraint on the printing of money, but by 2008 this restraint has died. Now, most of this money is electronic; it is in the bank’s computers as digits. It is too easy for the Federal Reserve to make money ….  Read More

Money over time

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You can also see a definite shift in our money from debt-free to 99 percent debt. The Federal Reserve Dollars come from money that banks loan into the economy. Note the enormous growth in the amount of Federal Reserve Dollars in the past few decades. These new types of Federal Reserve Dollars are printed, and ….  Read More