This video uncovers the critical flaw at the heart of mainstream economic thinking: the dogma of perpetual growth. It argues that this model is fundamentally broken, especially when confronted with the finite reality of energy resources. Discover why both economists and politicians deliberately ignore this physical impossibility, leading to an unsustainable global system.
When the inevitable slowdown or reversal of affordable energy growth occurs, the proposed solution from authorities will be massive money printing. However, this tactic only exacerbates the problem, leading to rampant inflation that wages cannot match. Learn how this creates an ever-rising 'survival line' that pushes ordinary citizens further behind, forcing many to take on multiple jobs just to stay afloat.
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Transcript
So for most economists, all dogmatic economists, right? They're they're in the the the key dogma of mainstream economic thinking, right? What are they about? Well, it's perpetual growth. Like once you start to encounter this idea that energy is like a limiting and even if limited thing, right? As we've as it's currently configured in our economy, then you have to confront the idea that all of your economic models are broken. None of them work. All of them have perpetual growth forever and ever, right? 3% economic growth forever. And of course, it's an impossibility. It's a physical impossibility. It can't happen. That's fine. Politicians don't want to encounter this idea either because politicians are just look, Todd, they're totally feasting on getting money from the banks and the banking system primarily, you know, some of it laundered through pharma companies, but mostly that funnels back and funds the re-election campaigns. They don't want to talk about uncomfortable truths like, wow, uh, you know, we may we may be forced for no good reason except our bad decisions to have to suddenly live within our means or or make difficult decisions. So Chris, Chris, if affordable energy growth ...
