Frederick Bott
4 min readJun 9, 2022

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My daughter who is less than half your age tells me nearly everyone she knows feels as you do. So its a big problem. The biggest ever, it seems to me.

But there is something happening which you should be aware of, and talking about.

The problem is you need to know a little more about technology than what is just enough "To be dangerous".

Technology is not the problem.

The problem is what we think is right and wrong.

It isn't right that we have no concept of income coming from anywhere other than what we earn, steal, con, grab from other humans, animals, or what we can dig from the ground.

All of it represents energy, the energy we need to live.

Look at all of the other living things in nature. All of them get their energy donated to them. None are in competition with all of their peers for energy in a way that we even try to limit the energy we make available to others, in order to have more for ourselves.

The thing causing all of this is scarcity.

Scarcity of energy.

The source of that scarcity traces back to where the energy we get comes from.

Since most of it is from fuel, which is scarce, and finite, under the control of those doing the fuel and energy extraction, they must enforce scarcity because they themselves are dependent on the fruits of their labor, for all of their own energy, originally from the same scarce, finite source.

If they simply gave it away, they would be giving away all of the "Fruits of their labor", whilst starving themselves.

So to fix the problem we need to switch to a limitless source of energy which is donated to us, requiring no energy or labor for extraction (After implementation of collection infrastructure)

There is one, only one; the sun.

This is happening, more and more solar power infrastructure is becoming available, but it is painfully slow, with the outlays for more of that infrastructure still mostly fossil fueled, and we still do not formally include the products being created from solar energy as something added to the existing capital of Earth, therefore we do not reflect it with currency issued upon it.

But in economics, a basic rule is money should be issued on all product created. When we don't do that, then the market value of the currency drops.

The products we are talking about include clean hydrogen, which functionally replaces fossil fuels, but with none of the pollution in either its production or consumption.

The hydrogen also serves as a storage medium which backs up the local electrical power via fuel cells fuelled by the hydrogen, with no need for batteries.

Another new product created directly from solar energy, is food ("Solein") which functionally replaces the food we eat created by nature, again with none of the destruction of nature.

To monetise this product, everything created direct from solar, money has to be issued and donated to all people for free, since the energy of the sun was was donated by the sun for free. Otherwise the maths in the global economy doesn't stack up.

So there we see technology will be used differently, after we really start to plug into the sun.

Everyone receiving free money will use a little of it to install their own solar collection facilities, finally removing all dependence on any energy from anywhere other than the sun.

So the scarcity we've lived with, for thousands of years, is about to come to an end.

We are seeing the first signs of the forces that will change it, in inflation of currencies.

It has to end with free money issued to all people, that is the only way that value can be retained in currency, given now the unmonetised credit building steadily in the economy which is artificially bloating the value of capital.

When free money is issued, the value in all capital has to collapse, since with the availability of free money to all people, no-one needs capital. Why would we save, if we have endless free money?

If you think this can't happen, it will, we've seen it before, when almost $4Tn per month was issued in the US, but the kings of capital quickly pulled back control, by ceasing the stimulus.

But we got a glimpse of a very different future.

At the time we couln't work out what had happened, but we see it now, if we just remember the stranger things that happened, things like the oil price going negative for the first time ever, bankrupt but still loved companies rescued by purchase of their shares with free money, whilst the market values also of the stimulus currency went up, and the market values of gold and other forms of investment capital languished.

We'll see it again, when tens of millions demand free money to put food on our tables and keep the roofs over their heads, as all profit driven "bullshit business" fails, and the majority no longer have working incomes.

It is tough for the moment, a dark period, but the more folk get learned up on the technology at work, especially governments, banks, and economists, the sooner we'll see the light.

If you understand this, maybe you can already see it at the end of the tunnel.

Sorry for the seemingly rambling reply, but its a complex system, not easily explained concisely.

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Frederick Bott
Frederick Bott

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