Frederick Bott
2 min readJul 22, 2023

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Something I see missed, not only here but in pretty much all conventional economic arguments, is that the base of capital is no longer fixed, due to this now expanding as a result of economic product created from solar energy. Since energy was not taken from Earth per KWHr of energy received from the sun, then everything created by it is additional to the economic capital of Earth. Therefore monetisation of it can only be done by constant issue of money as stimullus, at the market rates of the amounts of solar energy put to use. Otherwise it is not monetised, and the economic product has to continue to accumulate, unmonetised.

Since solar is the only actual energy source, rather than something stored on Earth, it is the only sustainable source, therefore using it, is the only way we can stop extracting energy and converting it to heat, so use of solar has to continue to scale up, to reverse the temperature rise causing Earth to start to burn.

Given this, money not representing the only growing energy product has to come to represent nothing, sooner or later.

So the old closed box, zero sum rules don't apply any longer, now the problem is never that not enough money is issued, but the opposite, not enough money is issued. Notice the dollar went up during issue of massive stimulus. The inflation only became something after issue of stimulus was stopped.

More information, with some data and analysis is here, would be good to hear your opinion of it:

https://eric-bott.medium.com/comparison-of-uk-us-outstanding-solar-stimulus-using-chatgpt-3e4296de9f17

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Frederick Bott
Frederick Bott

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