Putin just labelled the #monetarySystem out of the #USA as a "#printingPress".
An Oof… to some.
One of our favourite books from the decade has to be '#GrowingForBroke' (2016) by the late #PeterNorth. It described how the obsession with #GDPGrowth was not only wrecking havok on #Australia's #environment and globally but also set to destroy our #economy.
We talked about it extensively, but the #growthObsession only took a breather during #COVID.
There are only two certainties in this world…
1. Death, and
2. Keynesianism is a false economy.
#falseEconomy #growthism #growthObsession #debt #circleOfLife #noCircleOfLife #zombieEconomy #zombieBanks #boomBust #noBoomBust #bitcoinFixesThis #whyBitcoinCore #zeroWaste
@rosano
These stats are false alarm. No context if even true.
#CambridgeUniversity debunked tropes like this. Also #bitcoin consumption is designed to go down post #BitcoinMaximalism, and changes based on total energy available.
Focus on where the energy is coming from, #renewables like hydro.
Anyone here against #hydroEnergy to secure an entire global finance system to replace the even-more-destructive, #growthObsession fueled by a #fiatCurrency system?
Didn't think so :)
Before the podcaster even finished complaining, uttering the words, "#GrossDomesticProduct", boom - podcast gone.
There's more to life than how many #carAccidents, #divorces and #moneyTransfers that marketing experts can extract from people.
Please take #GDP #GrowthObsession elsewhere.
@Souvarine
Any single entity that becomes too big can amass too much power and influences and can become a menace.
Today the #US #MilitaryIndustrialComplex (#MIC), #Google, #Amazon and the #centralBankers and #corruptRegulators that feed their #growthObsession need to be broken up.
Also the #USA, #EU, #Russia and #China should be sliced into two.
