Frederick Bott
2 min readAug 17, 2022

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Interesting subject, thanks for posting. I agree systemic change is needed, it is almost all I write about in Medium (I am a long practicing Systems Engineer).

The best systems are those that most effectively address the needs of all stakeholders. We won't get agreement from key stakeholders if their needs are obviously not addressed.

So the solution, which I believe nature is forcing upon us, is something that does actually address the needs of all, that is energy donated from the sun.

We need to always stress that point, it is donated, as opposed to extracted, which means it has to be dealt with differently by money, than is currently done with extracted energy (Energy extracted from Earth).

The economy of money-as-debt, as it exists, has no mechanism of money issue for solar energy received and put to use.

It works for energy extracted, by every promise to pay being effectively a promise to extract, so money is issued for the product of energy extracted.

But energy donated, coming at no cost to Earth, as it is from the sun, Joules are added now at a rate of more than tens of GigaJoules per second in every country, and still no money is issued to reflect those.

It follows that this is the real reason we are seeing money devalue, this is a solid mechanism causing inflation, which we should recognise is irreversible and probably exponential, until put right, by issue of money.

The levels of money that should be issued are significant, on a par with stimulus seen during covid, there we saw oil prices going negative, and the only spike of recovery seen in the environment, ever, amongst a stack of other cool results.

Even the value of the issued currency itself went up in markets.

But those in control, maintaining their power by wielding capital, almost lost that control. Warren Buffet for example, quit the markets claiming "Something had gone wrong with money".

So we should notice when the money is issued, that nature is forcing us to issue, the effect will be a kind of equaliser, that takes away power from those maintaining it by wielding capital.

At the same time, those same folk are the ones with the power to issue money.

Of course they won't be easily convinced, but nature insists, by devaluing their money anyway.

So it might not be until folk are homeless and starving, and money is devalued to almost nothing, before they decide to give in to nature and issue the free money representing the solar product received.

But that is what is the inevitable future, it seems to me, unless some idiot ends it with a nuclear button first.

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Frederick Bott
Frederick Bott

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