www.lewrockwell.com/north/north622.html
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The hostility of Keynesians to thrift is legendary. They believe that consumption stimulates the economy.
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When power is used to produce power producing products, get this please, less power becomes more power.
This is a fact that can be seen with any expenditure of power resulting in a profit where the word profit does not mean 'to take power from someone'.
When profit is defined as an increase in value resulting from productive investment - no one has to lose. No one has to lose. Iraqi human beings, babies, children, teen aged people, and even old people do not have to lose. Iranian people do not have to lose. People who move their life savings from retirement accounts to government securities do not have to lose. Profit can be the application of power invested toward the production of more power.
The Solar Panel is one example of that type of investment. The Wind Generator is another example of that type of investment. The hydro-electric dam is another example of that type of investment. The power to produce it is X and the power that comes out of it is Y. Y is greater than X.
Power produced into a state of over-supply causes the price of power to reach toward zero. When power, productive power like electricity, reaches that low cost over abundance condition the power to purchase with monetary power increases and this happens because productive power, like electricity, lowers the costs of production.
What happens to
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