Thank you for your time @spectrumecons

I find the way in which virtually every aspect of the market over time adjusts itself to changes in the price of oil as a major source of energy fascinating. It shows how powerful and important that inherent relationship between energy and production really is.

A major problem with the current monetary system is that such fluctuations in the fiat price of energy creates havoc in especially the less advantaged and also less powerful sectors of the economy - the poor always lose out, whichever way it goes.

Curing the symptoms by traditional economic means is a task too big to tackle and letting it over to market forces to rectify too painful and too slow to endure, including massive labour strikes and riots, with their own negative side effects, while pensioners suffer more poverty by the day, with their losses never truly regained.

The only preemptive cure for that is a currency that somehow preserves its purchasing power for energy - in effect a price fix on energy, which is of course anathema for the financial/economic elite.

A decentralized currency, however, that tracks is value to be the price of energy in fiat, or its price in terms of some other commodity, like a rare metal, made possible by the SmartCoin/bitshares facility, and that the workers corps can insist in trading with and pensioners can convert their savings to, can render them immune to these negative effects.

The effects of a currency like this will over time be much more far reaching, in fact rendering the current financial system and the practice of charging interest something of the past. But that revolution, however advantageous it may be, is not the primary point. The prime objective is providing protection of quality of life to the disempowered, powered by a neutral, decentralized, incorruptible means, made possible by blockchain technology and the bitshares/SmartCoin software so brilliantly engineered on top of that

Kindest regards