Peak Oil - so what!? mp3

The paradigm of a primacy of financial machinations over any reality of the material economy is both true and false at the same time. On one hand it is true - if Jesus were to come back today the first thing he would have to do before even thinking of having a facebook page is throw the tables of the fraudsters who besiege the sacred places in the namespace. On the other hand it is false, because even when all contraproductive efforts of status quo administration are successfully disrupted, this is only the condition of the possibility of successful system change, not yet the success itself.

It's not just that the pyramid schemes which enslave the species and waste the resources need to be done with, once that happens there also is the need to install an algorithm which properly balances the lifetime of finite resources against the lifetime of the species. Which is why mining (drilling) tax and unconditional basic income are less of an alternative to avoiding the use of money than to avoiding the abuse of money. The best tool to lift the veil on peak oil would be to amend government with an existential self-interest to have a transparent preview of peak tax, provided it was possible to find a government which is not a kleptocracy.

The rule of territorial ownership of planetary resources derives from a principle of Roman imperial law which did not take into account that the Earth is not flat. If it was technically possible to exploit its core, under that rule everyone could make a claim because it's underneath their territory. Similar for the skies. With a grain of history, the Alaskan greed is even more absurd than Ramadan rules in the Polar summer.

Back to the future...it will play out as a "lifestyle" issue. Those who can afford super expensive crude in the future, will have higher wages, salaries. i.e. it will have an inflationary effect, so debt can still grow further, the "game" continues. Banks just love it, it is quint-essentially THEIR business to "grow" [ inflate ] currencies to obtain the required profits.
m.

That's basically why after WWII all Western currencies were being put into the same boat - because the bigger the number of currencies independent from each other, the more damage rogue bankers can do (and being driven by their security branches they all are). So my perspective is the reduction of the number of currencies must be guided by the principle of ambiguity as to whether it ends at one or at zero, or maybe some imaginary number. The primary target of change is the role of money in human interaction. When geological resources are at their real price, efficiency will be a timeless honour, while these who are stupid enough to pointlessly waste them make themselves into magnets of food revolt. You can own any sum of money, but that doesn't give you a right to waste good things.