Wednesday, June 26, 2013

Asteroid Mining Could Produce Trillions in Wealth

In a news story from The Week, it is claimed that asteroid mining could bring trillions of dollars to the world economy. Oh, but I know how we could use asteroid mining to add trillions of dollars to the world economy without ever having to leave the Earth! All we'd have to do is simply say we went to an asteroid and mined all of this ultra-valuable stuff from it, which we then sold to international corporations who requested we not reveal who they are so they don't get harassed by the press; and if the news people doubt the story, complaining that they never saw any of the asteroid riches, NASA could simply say: "Man, that asteroid stuff we mined is first-class stuff; you don't think we'd waste any of it on leaches like you, do you? Gitowdaheyah!" Then The Fed could simply print up trillions of dollars and give it to me, and I would be sure to blow it all on lots and lots of stuff that would insure the money got into the economy quickly. And the world economy would get the money just the same, but without all that effort and danger and expense and greenhouse gas emissions from rocket launches. And since I thought this plan up to help the environment, I get the money first; but fear not: you'll all get your share soon enough, as I'll blow the whole amount, and probably 75% will go to taxes anyway, paying off our national debt immediately. So how about it, Chairman Bernanke: may I have my huge pile of trillions of dollars now, please?

Here's the astronomical money-mining story:

http://theweek.com/article/index/246086/how-asteroid-mining-could-add-trillions-to-the-world-economy