27 Sep '15, 12pm

#peakoil If you measure in barrels, we’re doing OK: The good ship USA, as measured by the Barrel Standard, is ...

DMyers on Sun, 27th Sep 2015 1:08 pm Re: Marmico v. rockman It appears as though Marm has scored a punch. But rockman was making a short entry and was merely suggesting that (to put it in my own words) “these fockin numbers are all jacked up.” Rockman is absolutely correct, and Marm proves it with his linked chart. Although rockman only mentioned debt as likely a huge offset to the alleged wealth, a related factor is that of understated inflation over a course of years. In other words the numbers all contain an unspecified margin of pure inflation, of no value whatsoever. By showing us the source of the net wealth value, Marm has proven that these numbers are bogus, and, with respect to the message of the article and the article itself, they are fraudulent. Note that the argument here is specifically related to household wealth. The source doc that Marm linked is entitled:...

Full article: http://peakoil.com/consumption/if-you-measure-in-barrels-...

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