By Babu G. Ranganathan
The U.S., however, has coal reserves to last hundreds of years. We have advanced technology now that will enable us to process coal with much less pollution. We can get oil from coal. It will still be more expensive but the government can subsidize the cost and the money doesn't have to come from tax payers.
The Federal Reserve can print money. There's nothing that backs up our money now except government authority. We totally went off the gold standard long time ago.
What about inflation? As long as the money is being actually used in the economic machine to produce goods and services there shouldn't be a serious problem with inflation. We've had years of new money printed without serious inflation problems.
After WWI Germany actually solved their inflation problem by printing even more money but making it useful in the economy . That's how their factories and war machines were rebuilt.
People have assumed our tax dollars are behind everything. Not so. Tax dollars didn't bail out the banks. The Federal Reserve did because they have the money printing machine.
Let's act now!I highly recommend to all the book "Free Money: Plan for Prosperity" by economist Rodger Malcolm Mitchell. This book explains wonderfully why printing mass new amounts of money is possible without inflation.
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Understanding God in Reformed Theology
The Woman Who Couldn't Become President
Why Genetic Similarities Don't Prove Evolution!
Do Corporations Owe Anything To Society?
Why Obama Won't Separate From His Pastor
Fossil Doesn't Support Bat Evolution!
Legacy of African Slavery Still With Us
Tribal Warfare Hinders Progress in Kenya
Understanding Intelligent Design Theory
Many Indian Christians Are Suffering!
How All The Races Came from Adam and Eve
How Do Egg Yolks Turn into Chickens?
Where Are All the Half-Evolved Turtles?
Natural Laws Vs. Intelligent Design?
What Is Liberal Theology?
Scientists Are Not Creating Life!
The Genetic Boundaries of Evolution
Rational Christian Response to Ayn Rand
Jerusalem: The Babylon of Revelation of 14:8?
Any Life on Mars Came from Earth!
Have Scientists Created Life?
Christ Fulfilled The Sabbath!
Modern Israel Not Fulfillment of Bible Prophecy
Madonna and The Cross
Egypt: The Land of Ham
Where Are The Half-Evolved Chipmunks?
In Nature But Not Invented By Nature
Darwin Only Had A Theology Degree!
Popular Misconceptions About Hell
Christ Was Begotten, Not Created!
The Christian Response to Homosexuals
Evolutionists Wrong About Entropy
On Real Black History
God and Science
Traditional Doctrine of Hell Has Greek Roots
The Facts of Life Reviewed
Are There Natural Limits To Evolution?
Tale of Two Dogs
Israel and The Land
Science and a Young Earth
Creationists Right on Entropy, Evolution
Negro Slavery and The Myth of Ham's Curse
Where Are All The Half-Evolved Dinosaurs?
How Does My DNA Work?
Common Misconceptions on Evolution
Intelligent Design On An Another Planet?
Entropy: Enemy of Evolution?
The author, Babu G. Ranganathan, is an experienced Christian writer. Mr. Ranganathan has his B.A. with academic concentrations in Bible and Biology from Bob Jones University. As a religion and science writer he has been recognized in the 24th edition of Marquis Who's Who In The East. The author's articles have been published in various publications including Russia's Pravda and South Korea's The Seoul Times. The author's website may be accessed at: http://www.religionscience.com.
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