Too true, we agree here.
Twenty trillion per year, for every year in the future might be close, but maybe even more is needed.
Some people might think it can’t be done, but of course it can, money is printed now for free, as we saw when stimulus was issued.
The dollar value went up, not down, because free money is injected into the economy from solar energy by the backdoor of Bitcoin solar powered proof of work tokens.
The banks could do it tomorrow by announcing all human debt to be what it really is; an energy deficit with our planet, the result of the grand energy ponzi we’ve always played, which can only be put right by humanity adopting full scale solar without further delay.
Anyone with doubts about that only needs to look at the history.
Nikolai Tesla tried to give us a kind of solar power with a kind of internet-like connectivity around 120 years ago.
His program was planned to do that for a tiny fraction of twenty trillion.
Then JP Morgan personally removed his funding, as the sole funder of NT.
That, is actual documented history.
So the banks are responsible for where we are now, and it is the banks that need to do the responsible thing by realising their error, and putting it right.
The Banks owe this to us.
If they don’t step up, and pay up, the alternative is something like hell, as Umair has described, literally.
A related story, FAO banks:
