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Comments:
<0> Invest_Wk : where I'm from you do
<1> mine just sits on my drive way most of the time
<1> erikg, mideast/west?
<0> east coast canada
<1> ah
<1> we have everything here
<1> the trains, buses, bike lanes
<0> yeah just like in toronto
<1> and freeway moves at about what, 5 mph?
<0> rush hour yeah
<1> just not worth it
<0> something that became annoying of such a big place as toronto with lots of traffic is there only seems to b e two seasons:
<0> winter season and construction season
<0> down here we driveo n the roads no problem we don'treally have traffic jams we're just ab it over 5000 ppl in this town
<1> I'm gonna re-structure my insurance anyway get discounts
<2> BACK
<2> ****
<2> im so stupid
<3> duh
<3> ;)
<2> efnet doesn't show I{
<2> IP
<2> dammit
<2> lol
<1> erikg 5000? we have like over 1 mil in our city alone
<0> no you need your O for that
<3> nope
<3> chat.efnet.org
<0> unless you're talking about invites
<2> yeah
<2> thats what i thought
<0> I as in ilines ir I as in invites
<0> either way you need an O as in an ircop or o as in channel op
<0> Invest_Wk : yeah been there done that
<0> not very fast-moving traffic during morning and afternoon
<4> !q eqbm.ob
<5> Error: I could not find EQBM.OB.
<4> !q eqbm.pk
<5> EQBM.PK (EQUITABLE MINING) - 3:59pm: .033 Change(+0.013 +65.00%) / Opened(0.02) Lastclose(0.02) / Range: Daily(0.015 - 0.034) Yearly(0.02 - 7.40) / Volume(11689148)
<1> yeah the funniest scenes every morning are these Porches, Z's, 'vettes, etc. alongside you in the traffic jam
<2> !oil
<5> Nymex Crude Oil: 71.50 Change: .18 Change%: .25% Time: 23:21
<5> Last Trade: 71.49 Change: +.17
<6> OPEN THE OIL SANDS
<1> no worries, gas is only going up to $5/gal
<7> t|to they are....
<7> lo lg
<0> 5$/gal? nothing to it
<0> !
<8> there's a trivial way to lower gas prices
<1> build more refineries?
<7> drive less?
<8> by about 30%
<7> DIESEL?
<8> no, even simpler than that
<7> tune up, tyres, etc.
<7> ?
<8> simpler
<1> ride shares?
<8> think simpler
<7> take the bus?
<3> well folks
<3> watch out for the bulltrap
<3> this week
<3> as the dow goes to 11,350
<3> and then rebounds
<8> nope, just cut the gas tax
<1> move the driving age up by 5 years?
<7> panini but wouldn't that be inflationary?
<8> no
<1> no
<7> panini and cause gas prices to rise?
<7> yeah it would cause inflation
<1> no
<8> no
<2> anyone know where i can buy some shells?
<8> who told you cutting taxes causes inflation??
<7> because ppl would have more dollars in their pocket, to still purchase a finite quantity of petrol
<8> what a silly idea
<7> panini well reduced taxes increases the velocity of money, increased velocity with constant aggregate supply = inflation
<8> nope
<1> pitz, it's only about 30%
<1> depending on the state
<8> inflation is caused by printing more money. nothing else
<7> if anything, raising taxes would lower the price of petrol
<7> why? because ppl would have more incentive to make longer-term conservation a priority
<1> so a $3/gal gas will become $2.10/gal gas
<8> Invest_Wk, correct
<7> petrol is $3.84/gallon here, and ppl drive smaller cars and SUVs are uncommon
<1> which is what people were paying only a few years ago
<7> any coincidence?
<2> anyone know where i can buy some shells?
<8> puka shells?
<8> try hawaii
<7> theres only a finite amount of petrol out there
<2> no
<2> BOTS
<2> shells for BOTS
<2> ircd shells
<2> heh
<1> pitz, yes and when we use it up, we will move on to something else
<7> if you let ppl save on petrol, they'll just demand more, until the price is back to $3/gallon
<2> !oil
<5> Nymex Crude Oil: 71.49 Change: .17 Change%: .24% Time: 23:38
<5> Last Trade: 71.49 Change: +.17
<8> pitz haha, it doen't work like that
<7> but raising taxes will actually cut prices in the long run
<7> because it will encourage efficiency
<1> no that's not true
<7> and discourage inflation
<8> i like your upside-down logic though... it's funny :)
<1> pitz, evidently you've never heard of Nixon
<7> well believe what you want..... but if you cut petrol taxes, some other taxes will have to be raised
<7> or more debt issued (which is also inflationary)
<1> or we can reduce the gov't
<7> well that'd be a good idea
<8> it's not a question of beliefs... this is provable by economics
<8> we don't have to guess
<1> gov't is too large and it's intruding into too much of our lives
<7> well i can prove it by economics, in terms of demand with constant supply.
<8> no you cannot
<9> anyone doing forexch trading
<7> also there is a strong correlation between the price of a commodity
<8> if you tried, you would get the answer that I gave
<7> and efforts expended to conserve it for the longer term
<1> as_me, no because I don't want to get ripped off
<7> so raising taxes on petrol would encourage longer-term conservation, which would result in longer term price reductions
<6> maybe they just need to stop making SUVs
<1> pitz, if you learned that from college, I suggest you expense it, because the crap that colleges teach you are bunk
<7> Invest_Wk its common sense..
<8> pitz haha, you're almost 100% wrong!
<7> t|to they'll stop making SUVs when ppl can't afford the fuel to put into them.
<8> where the hell do you get this crap?
<7> t|to a tax increase on fuel would do just that.
<1> pitz, if taxes were doubled on gas, do you know what would happen?
<7> panini common sense. and I most certainly am not wrong.
<7> Invest_Wk ppl would drive less and find ways to conserve?
<1> better yet, let's triple or quaduple the gas tax, do you know what would happen?
<1> no
<8> pitz well then your intuition is wrong and you should stop relying on it
<7> the national debt would be reduced because the government would collect more money
<1> we'd get a black market on gasoline
<9> Invest: whats the difference between the risk in other mkts
<1> people will horde gasoline
<1> the price of oil will skyrocket
<7> Invest_Wk its not like petrol can be manufactured in your basement, in a clandestine lab
<8> pitz lol, not only are you wrong... you're WAY wrong
<7> panini not really.
<7> you just dont want to believe me
<1> pitz, you don't have to take my word for it, it HAPPENED during the late 70's and early 80's here in the United States
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