Comments by "bighand69" (@bighands69) on "Peter Schiff's Message to Switzerland: Save Your Currency and Your Country" video.

  1. DavidAKZ Oil is not going to run out. The real issue is who has access to it in terms of productivity and distribution. As points of production become static and demand increases it will be come more expensive to get oil trade for certain countries.  Now renewable's and efficiency system will off set these for certain countries but only those that have the means and investment to do so.  Ironically Norway who is a massive oil producer has heavily invested for the last 60 years in renewable's and now has 100% of its electricity produced from renewable's with 250% capability. And they also use 3 times as much electricity as other countries per average because they heat their homes with it as well. One of their Hydro dams has 4 years of supply reserve in it.  Germany is massively investing in its gas networks for carbon so that they can use the excess carbon as part of their methane production. 
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  2. The modern standard of living is due to productivity not deflation.  You are confusing this then with deflation. A computer today is millions of times more powerful than those 30 years ago yet the chips that were in those computers from 30 years ago cost a few pennies today.  Food production has gone through the roof and this in turn has made food cheaper. I am confused to your use of the word deflation. 
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  3. ***** Just so we are not getting confused are you referring to Monetary system deflation or productivity. Because I find that people get confused between the two.  Computer chips got cheaper as methods of productions and means of productions evolved. Just as medicine/healthcare will get cheaper with genetic analysis. 
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