by MattSavinar » Wed 17 Aug 2005, 18:15:49
$this->bbcode_second_pass_quote('JudoCow09', 'L')et me put it this way. DVDs cost more when they intially came out than VHS, yet their advantages made people give up VHS almost completely. That's what I think could happen with Oil. We come out with something that has more advantages and switch to it. Over time, it will become cheaper.
Yes, but if the materials necessary to make both DVDs and VHS suddenly skyrocketed, the price of both would go up.
If the banking system was dependent on a constantly and steadily increasing supply of DVDs, as was the food and telecommunication systems, you can see why we'd have a problem just shifting over.
Also, comparing our oil situation to DVDs/VHS is a bit silly when you think about it?. We are talking about the single most life-giving, precious, and necessary (second only to water maybe) commodity on the planet. This isn't just another consumer item we're talking about. (I don't mean that to sound adversarial although I realize it might.)
Matt