Tag Archives: money

Energy certificates as currency when oil shocks strike?

Posted on April 6, 2022 by

Since world oil peaked in 2018, 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 business shut down, … Continue reading →

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Conventional economic theory ignores the laws of physics

Posted on November 4, 2017 by

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 →

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Ugo Bardi on money, gold, and silver

Posted on May 18, 2017 by

What follows is from a really great book: Bardi, Ugo. 2014. Extracted: How the Quest for Mineral Wealth Is Plundering the Planet. Chelsea Green Publishing. Alice Friedemann   www.energyskeptic.com  author of “When Trucks Stop Running: Energy and the Future of Transportation”, … Continue reading →

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Nicole Foss: Negative interest rates and the war on cash

Posted on January 2, 2017 by

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 →

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How Money is Created: 3 articles

Posted on April 24, 2014 by

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 →

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