Sunday, June 14, 2009
energy versus money
Scientists say that the energy in the world is limited. That's part of Einstein's theory of relativity. Value or money is not limited. Or is it? The amount of stuff that my money will buy seems to be limited by the value placed on that money by the great god of finance. If the United States has a deficit, then that money (or its value) has to have gone somewhere. In this case, much of it has gone to nations overseas. They have bought the value of the United States in buying stocks and making loans.
Okay, so this is convoluted. As the number of people in the world increase, does the value of money increase. Supposedly, productivity increases value. But, productivity also decreases the resources available and should decrease value. If we use up all of our oil resources, then our value has decreased by that amount. We don't seem to be able to convert whatever energy the use of our oil resources creates (law of relativity) into value. Instead, the use of our oil resources not only decreases our value of resources, it decreases the value of the earth as a whole by producing gases that make holes in our ozone layer leading to global warming and all that jazz.
Wait, I'm getting to a point where I understand something. The more people in the world, the more we are using resources that have value and producing something that decreases value. So, the more people in the world, the less value is possible for each person. The more value/resources/money that one person has decreases the value possible for other people.
The balance between the law of relativity and the law of value is alike. We cannot reconvert the "by products" of using resources into another resource - like energy converts into matter and vice versa - one valuable resource must convert into another for the balance to be maintained. That's not happening.
We are using our resources to burn ourselves out of existence because we don't know how to reconvert the by products of our used resources into different valuable resources. We cannot go on this way.
The points of this post are
1. We are using value faster than we are creating value.
2. The more value that I accumulate, the less someone else has.
3. Value is limited because we cannot convert "by products" back into value.
4. Someday the people of the world will use up too much value and people will die.
5. I wish this were not happening in my lifetime.