Oct 11, 2023
Something physical and very fundamental - Energy now affects things, that never affected it before, so now a lot of the old rules of economics can no longer hold. No getting round this, now we are up against the physics of nature with our treatment of money as stands.
If you understand this, you will see why conventional measures to control inflation can no longer work, actually accelerating the devaluation of money, which in the end is effectively the energy content in the money:
