Changing gas prices impact the flow of money, and ultimately, the money supply and velocity of money. Long term gas price changes, driven by oil prices, are subject to global peak oil extraction.

The run up of oil and gasoline prices from 2005 to 2008 caused a major stress on the economic system, and ultimately was the leading or at least contributing factor to the economic crisis.

Rising oil prices from their lowest levels at under $10 per barrel led to an era of relaxation of loan and mortgage requirements. While this appears to have helped to support the economy for a time, it led to a great maxing out of credit, which then set up a system that was ripe to fail due to any outside stress, such as the failure of the global oil extraction rate to rise.

The resulting economic crisis, due to peak oil and then peak money creation, signals that our current privately-owned, interest-penalty based, money system will not function in this new area of peaking and declining oil supply.

The solution is an entirely different economic model, which focuses on the creation of local food, energy, and credit money, which can be resilient despite innevitable changes in available oil and other resources.

Educator Aaron Wissner presents basic of money and explains how the combination of resource limits for oil combined with relaxed money creation (lending) standards, led to peak money creation, and in turn to an economic crisis.

This is the middle section of a 30 minute talk on money, oil, the environment, and our local future.

Duration : 0:9:1

Technorati Tags: collapse, creation, credit, crisis, debt, depression, economic, economy, financial, gas, gasoline, local, money, mortgage, oil, peak, Price, prices, recession, resilience, truth

Duration : 0:4:1

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Duration : 0:1:10

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Duration : 0:0:45

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Duration : 0:1:54

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http://Loan-er.com/water

Lots of people are interested in browns gas since the story started. An inventor named brown figured out how you can make any car run on 50% water (thus inventing browns gas) easily from under $40 worth of parts that you can get at any hardware store.

Duration : 0:8:35

Technorati Tags: alternative, brown's, fuel, gas, gasoline, money, save

Duration : 0:2:50

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The Fast Money “gang” officially “jumped the shark” Friday. It did not go unnoticed by me that the oil “story” is now vaudeville fodder.

Duration : 0:7:23

Technorati Tags: chicago, cnbc, commodity, consumer, crame, don, economy, fast, gas, gasoline, harrold, jeff, Jim, macke, money, oil, ratigan, stocks, the

Duration : 0:3:41

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Passing Gas (refusing to pay high gas prices)

Passing Gas (refusing to pay high gas prices)

Featuring Mumbles

http://www.youtube.com/edbassmaster

Mean kitty song (whistled)

http://www.youtube.com/smpfilms

Here is a video on how to save money on gas.

Let the world know what you’re paying, Leave a comment on how much it is a gallon along with where you are from.

I wanted to do something about the rising cost of gas. It has been affecting my video budget. Not allowing me to go to places that I would want to film.

Music provided by the format

http://www.myspace.com/firstandlast

Passing Gas (refusing to pay high gas prices)

Duration : 0:6:3

Technorati Tags: analysis, blooper, bush, commentary, crime, dollars, economy, Film, gallon, gas, gotcha!, improv, iraq, island, mileage, money, news, oil, opec, parody, pranks, prices, rate, rhode, rising, save, series, Short, sketch, spoof, Stand-up, stealing, war