Quote from: tvbcof on February 12, 2016, 04:56:59 AM

Quote from: marcus_of_augustus on February 12, 2016, 04:39:16 AM

I think the gold-oil link that has lasted for over a century is being severed.

New energy technologies are coming on line that will eventually cause the obsolescence of fossil fuels and the gold-oil link is necessarily reflecting that.

There will be a lot of disruption surrounding that delinking given the number of existing geopolitical power structures, petro-dollar debt-based fiat, bonds-for-oil, gold-for-oil, similar inter-national agreements and the mountain of derivative deals that are based on these fundamental long-term linkages of energy and money being broken.

tl;dr oil is being demonetised

It could be almost the exact opposite. That is, energy (which fossil fuels remain well in the lead in and probably will for some time) may be in fact completely subsume the current function of money as has been seen in the present and past. That is the base-line functional distinction of 'Technocracy.'

You (MofA) should sit through at least one of Patrick Wood's presentations of Technocracy. It would probably take only one pass for you to appreciate most of the points.

I personally feel that various groups (including enviros/eugenicists, Technocrats, etc) are being used as useful idiots in a project to move the world forward and we may not see energy as the currency upon which ownership/control metrics are based as the Technocrats dream of, but we could see moves toward such a project and possibly a phase in which we seriously flirt with it. Being familiar with the paradigm, one can see signs of this already with smart-meters, carbon taxes, fine-grained (personally identifiable) surveillance, etc.

Couldn't agree more. Efficiency (energy economics) in all areas of life will be the order of business. Optimal transportation (self-driving cars), optimal energy storage (GWh energy in a small cell, the ultimate currency), optimal logistics (Amazon.com), optimal population control (total surveillance and pre-crime heuristics), optimal knowledge transfer (direct brain - machine communication), and perhaps even instantaneous communication (quantum entanglement). I've mixed feelings about it. On the one hand, it will make bare necessities unbelievably cheap. However, it seems that the easier we make survival, the sicker and less human we become.