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What is the economic foundation of global infrastructure?

Its silly to act like any one the thing forms the entire foundation of our economy. There are several very important resources followed by hundreds of minor resources which are needed for our economy to function. The lose of any one would result in a loss of economic output, but none is so important that its loss would completely undermine our economy.
 
In 1913 the united states abandoned the gold standard, in 1963 the usd was tied to the value of oil. Most of the large oil producing countries in the middle east (including saudi arabia) are contemplating a currency switch from the usd to the euro.

Rogo
 
I think the cereal grains should get some recognition here, maybe not the underpinning of our economy, but 100% the underpinning of the global food supply which in the end is really the bottom line when it comes to how many people we can keep alive on this planet.
 
Originally posted by: Rogodin2
In 1913 the united states abandoned the gold standard, in 1963 the usd was tied to the value of oil. Most of the large oil producing countries in the middle east (including saudi arabia) are contemplating a currency switch from the usd to the euro.

Rogo
Click to expand...
and?

That's common knowledge...
 
If I had to answer, the economic foundation of global infrastructure is marginal utility derived from the sale and trade of goods and services...


but then again I really don't know...
 
If I had to answer, the economic foundation of global infrastructure is marginal utility derived from the sale and trade of goods and services...
Click to expand...

What is the natural resource that supplies the energy to produce goods and the services to distribute/sell the goods?



😉

Rogo
 
Originally posted by: Rogodin2
If I had to answer, the economic foundation of global infrastructure is marginal utility derived from the sale and trade of goods and services...
Click to expand...

What is the natural resource that supplies the energy to produce goods and the services to distribute/sell the goods?



😉

Rogo
Click to expand...

Why not just make a thread titled "oil is the economic foundation of global infrastructure" and skip past all the rhetorical devices?

That thread probably would've died too, but at least it would get right to the point.
 
Originally posted by: Rogodin2
If I had to answer, the economic foundation of global infrastructure is marginal utility derived from the sale and trade of goods and services...
Click to expand...

What is the natural resource that supplies the energy to produce goods and the services to distribute/sell the goods?



😉

Rogo
Click to expand...

legos made from cheap chinese labor?
 
I'd like your sexy body to be the foundation of my global infrastructure
Click to expand...

Your global infrastructure has been appropriated by the SUV minister of propaganda.

'Legos' is the correct answer, yamadakun will be sent $12.43 via paypal.

Rogo

 
Originally posted by: Rogodin2
I'd like your sexy body to be the foundation of my global infrastructure
Click to expand...

Your global infrastructure has been appropriated by the SUV minister of propaganda.

'Legos' is the correct answer, yamadakun will be sent $12.43 via paypal.

Rogo
Click to expand...

I don't want the fiat money, I want cold hard legos as my payment.
 
The fiat currency is the value I place on the legos, you'll receive $12.43 worth of legos. Red or Blue?

Oh, pm me your address.

Rogo
 
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