News for hackers. Stuff that matters.

A comment on Peak Oil Perspective. Parent comment

Re:Peak Oil Perspective by fleitz on Monday September 09, 2013 @04:43PM (#6356054)
You could call it externalizing the costs of burning gasoline, or you could call it internalizing the profit of burning gasoline. The rest of the world burning gasoline results in cheap credit for the US.

http://www.newyorkfed.org/research/current_issues/ci12-9/ci1...

[ Parent | on HN ]
Re:Peak Oil Perspective by thrownaway2424 on Monday September 09, 2013 @04:58PM (#6356148)
The result of burning all that fossil fuel will indeed by internalized in the end, but when it comes around I doubt you'll call it a profit.
[ Parent | on HN ]