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- Rare Earth updates: recent research on why complex & intelligent life are rare in the Universe
- Book review of “Chip War” and the Fragility of microchips
- The tremendous material and energy toll of the digital economy
- Nuclear attack on U.S. could kill 90% of Americans
- What percent of Americans are rational?
- Book review of Lights Out. A Cyberattack. A Nation Unprepared. Surviving the Aftermath
- Off-Road vehicles & equipment need diesel fuel
- Book review of “Prime Movers of Globalization: the History & Impact of Diesel Engines & Gas Turbines”
- Mental Health. Coping with the future: notes from Jackson & Jensen’s “An Inconvenient Apocalypse”
- Tesla Semi trucks hauling corn chips
- What is the plan for an electric grid outage that lasts for months?
- Where to be? Links to Superfund, hazardous waste and other toxic sites in U.S.
- Why methanol cannot replace petroleum in shipping
- Why is everyone afraid of AI taking over? It makes stuff up!
- Do you want to eat, drink, or fly?
Tag Archives: money
Energy certificates as currency when oil shocks strike?
Since world oil probably peaked in 2018 (EIA 2021), clearly there will be a time when there are oil shortages. The price may be high at first, but that often brings on a financial crash (Hamilton 2013), unemployment rises as … Continue reading
Posted in Oil Shocks, Rationing, U.S. Congress Energy Policy
Tagged blackouts, currency, ecological economics, energy crisis, Hubbert, money, oil shock, rationing
Comments Off on Energy certificates as currency when oil shocks strike?
Conventional economic theory ignores the laws of physics
Preface. It’s the energy stupid! These figures clearly show a link between energy and the economy. Conventional economic theory has to ignore energy or that would prove that there are Limits to Growth. What follows is from Nafeez Ahmed’s 2017 … Continue reading
Posted in Limits To Growth
Tagged economists, energy, GDP, laws of physics, limits to growth, money
3 Comments
Nicole Foss: Negative interest rates and the war on cash
Nicole Foss, September 4-8, 2016, theautomaticearth.com Part 1 is here: Negative Interest Rates and the War on Cash (1) Part 2 is here: Negative Interest Rates and the War on Cash (2) Part 3 is here: Negative Interest Rates and … Continue reading
How Money is Created: 3 articles
Also see: Money as Debt (45 minute video) Can Banks Create Money out of Nothing? – Richard Werner Money Creation in the Modern Economy –Bank of England David Graeber. March 18, 2014. The Truth Is Out: Money Is Just An IOU, … Continue reading