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Consumers buy physical electricity from the supplier at the market price.
Bzzzt, wrong. There is no such thing as an "electricity market."
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Re units as currency generally, I am proposing unitising location rental value and certain forms of energy, particularly electricity.
A megajoule/square meters double standard, in other words, with 100 % reserve requirements.
How is this different from a fiat currency (essentially a "tax standard" currency) with 100 % reserve requirements? Except that public policy will have even less ability to control the money supply than it has today.
- Jake Friends come and go. Enemies accumulate.
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