Frederick Bott
2 min readMar 14, 2023

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The solution is there to see if you know what to look for.
Believing that the box is still closed prevents us from seeing it is actually now open, about twenty percent in most developed countries.
This is the amount by which utilities energy supply has shrunk, and solar energy has increased, "forcing down" utilities by being cheaper, actually free, after implementation of the means to receive it.
Free means free to maintain and even to scale up, on the proceeds of what was received from it already.
Add that everything created by it is the first truly creative product, which we never did before, it is in addition to the product created by nature rather than something subtracted from it, by being created from energy which is itself mathematically additive, unlike extracted energy which is subtractive, or destruction by definition. So it is truly sustainable, coming from practically unlimited source.
Money issued as debt can't represent this new truly valuable product, because money as debt is a promise to do work, the work of extraction, in the absence of any other, and no work is associated per Joule of solar energy received.
Therefore free money has to be issued to reflect this very valuable product received for free.
Otherwise money is coming to represent nothing, as utilities energy supply continues to be relentlessly forced down by solar, whilst solar itself, still unmonetised, continues to scale up.
There is only one solution to this, money has to be issued for free to honestly represent the solar product physically received and put to use.
It isn't small amounts.
Right now it is twenty percent or so of the utilities energy market that would have existed, if solar did not exist.
This can be deduced from the demographic data of the country, The energy consumption of a population has to follow the same trend as established by academic studies prior to 2005, when utilities energy began to decline, diverging from the population growth which was actually still increasing.
In UK this is currently more than 500Bn since 2005.
2022 alone it was 50 Bn.
Next year it is likely to be 160 Bn.
The longer that issue of this money is not made, honestly announced for what it is, money representing solar product created, money will continue to spiral downward in value, as surely as air escapes through a door that is twenty percent open.
This is where we are really at, there is no way around it.
It is big, it means that wealth can no longer be retained in the form of stored capital, it can only be retained now by having the capability to receive solar energy, and increased, or scaled up by increasing the solar capacity.
It will be interesting to see which country or bank cracks first, giving in to the irresistible force of nature, to start issuing the money needed.

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Frederick Bott
Frederick Bott

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