Economics / Money
Move Over Perpetual Motion Machines, There's Now a Perpetual Data Machine – Big Data!
The economist's economists at The Economist have apparently found a replacement for oil, and it isn't even a form of energy
May 26, 2017 • 6 min read •
Having Dissed Edward Snowden, Should Barack Obama Pardon Bernie Madoff?
Barck Obama didn't jail a single banker. So seeing how he won't pardon Edward Snowden, why not show his true mettle by pardoning Bernie Madoff?
Dec 23, 2016 • 13 min read •
Forget Austerity and Grexit – it's Time for a Gretaway!
Austerity and “Grexits” will increasingly result in people getting triaged from the industrial economy and basics such as food. The alternative? Gretaway! [part 3/3]
Sep 30, 2015 • 9 min read •
Crashing Oil Prices Aren't Due to an Oil Glut But to Demand Destruction and Peaking Credit
Since money is a proxy for energy, energy's limits are putting a damper on credit creation. Could this be the cause for plunging stock markets & oil prices? [part 2/3]
Sep 11, 2015 • 9 min read •
Peak Oil Ass-Backwards: Fractional-Reserve Banking, Meet Peak Oil
Peak oil's supply constraints are said to lead to an increase in prices. But does fractional-reserve banking's tie-in not instead imply decreased prices? [part 1/3]
Sep 1, 2015 • 7 min read •
Neither Crowdfunding, Nor Oxi, Nor Anything Else Can Stave Off Greece's Systemic Collapse
A recent crowdfunding campaign to bail out Greece does little more than obfuscate the role that energy shortages play in Greece’s systemic collapse
Jul 7, 2015 • 7 min read •
We Are All Now Cypriots-to-be in the New Age of Bail-Ins
Bail-outs are out and bail-ins are in, the fast-track method for triaging the early “losers” of the collapse of industrial civilization
Jun 16, 2015 • 7 min read •
Is Greece Planning to Print Energy?
What Greece is short on isn't money, but energy, and in the game of musical chairs it's at the forefront of a long line of inevitable “losers”
Mar 15, 2015 • 11 min read •
Money: The People's Proxy (for Energy)
As tough or as inconvenient as it may be, one can live without money. But you can't live without energy. In short, money at its core is a proxy for energy
Mar 1, 2015 • 4 min read •
Follow the Energy to Find the Money
Try following the energy instead of the money and the results may be surprising
Feb 15, 2015 • 5 min read •