To: Ernest_at_the_Beach
The whole problem is that carbon can only be successfully traded when it is in a useful form. Trading some amorphous “carbon”, the ownership of which is only represented by a certificate, but which cannot be truly possessed doesn’t make sense to most people. But trading carbon in the form of, for instance, food or furniture leaves people feeling like they got something of value for their money.
5 posted on
11/07/2010 9:44:37 PM PST by
exDemMom
(Now that I've finally accepted that I'm living a bad hair life, I'm more at peace with the world.)
To: exDemMom; Ernest_at_the_Beach
You are analyzing the business as if it were real. The real money was made from fees paid for establishing the business. That money is paid and gone. The actors and their facilitators made out like the bandits they were.
The scam is merely a vehicle used to extract massive fees.
42 posted on
11/08/2010 5:08:20 AM PST by
bert
(K.E. N.P. N.C. +12 ..... Greetings Jacques. The revolution is coming)
To: exDemMom
The whole problem is that carbon can only be successfully traded when it is in a useful form. Trading some amorphous carbon, the ownership of which is only represented by a certificate, but which cannot be truly possessed doesnt make sense to most people. But trading carbon in the form of, for instance, food or furniture leaves people feeling like they got something of value for their money. Congratulations! You win the "money post" of the day! This is the BEST synopsis of carbon I have ever read!!!!
79 posted on
11/08/2010 8:59:32 PM PST by
April Lexington
(Study the Constitution so you know what they are taking away!)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson