Re:Low interest rates in advanced countries have pushed mone...
by bumby on Wednesday November 24, 2021 @03:36PM
(#29334825)
That potentially just shifts to another zero sum game for water rights. The West is dealing with that currently.
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Re:Low interest rates in advanced countries have pushed mone...
by deepnotderp on Thursday November 25, 2021 @01:00PM
(#29343434)
This is purely a result of the fact that water is so cheap and water rights don’t incentivize water saving technologies.
There are residential and agricultural technologies that dramatically reduce water usage. For instance drip irrigation. Also the city of Las Vegas recycles almost all the recyclable water and consequently is extremely efficient at using water
Re:Low interest rates in advanced countries have pushed mone...
by bumby on Friday November 26, 2021 @04:20PM
(#29354234)
Can you elaborate? I agree water cost does not tend to incentivize conservation and leads to what seems to be inappropriate choices of crops for example. It’s also interesting how the idea of water rights in the East/West evolved differently because of scarcity. Is your point that the problems in the West would be solved by more expensive water?
I’d worry that it would upend agrarian economies (in the short and medium term, at least $
Re:Low interest rates in advanced countries have pushed mone...
by bagels on Wednesday November 24, 2021 @03:54PM
(#29335020)
Ocean is full of water. It just costs money (maybe a lot) to desalinate it.
Re:Low interest rates in advanced countries have pushed mone...
by bumby on Wednesday November 24, 2021 @04:59PM
(#29335665)
(And to move it).
That just pushes it to another zero sum game of money.
Re:Low interest rates in advanced countries have pushed mone...
by bagels on Wednesday November 24, 2021 @07:34PM
(#29336944)
Why does it matter if it's zero sum? Sometimes things we need aren't free.
Re:Low interest rates in advanced countries have pushed mone...
by bumby on Wednesday November 24, 2021 @08:13PM
(#29337198)
The GGP post was claiming housing was zero-sum. Posts responding to it seem to be trying to contradict it.
My point is that in a world of finite resources, it's going to be zero-sum at some point whether that's land, water, money, labor, or something else. It's not good or bad, but you do have to pick your poison to a certain extent.