Money will multiply as long as there are profits, because people with money multiply their own profits that way. As JM Keynes among others pointed out, when real productivity approaches limits, multiplying money will drive profits to zero. Driving profits to zero triggers waves of collapse, providing a means for our responding to our limits on earth.
It takes a little exploration to lead people to just how the present waves of money collapse are directly related to declines in the profitability of the earth, but that’s a major contributor and the first cause. Correcting the various immediate causes won’t fix that first cause. None of the other causes would have mattered if profits were still multiplying dramatically as compounding money needs to remain stable.
Do yourself a favor, read my own or other peoples’ writings on it to find better questions for yourself. Explorers starve or get buried by avalanches for reading to pass judgment. You can come up with open questions in a blink, so don’t turn any page without finding one.
…this week’s global run on credit seems like a casebook example of how a natural system failure to provide growing physical returns on investment would effect financial commitments for endlessly growing financial returns. They naturally conflict.
One thing we can do is watch it closely, so others may learn from our experience. Because systemic collapse is a big physical process in a big physical system, displaying all-together new kinds of rapidly spreading behaviors, watch for that. If you see that sort of thing perhaps you’ll ‘believe your eyes and ears’ and not feel the observations were ‘planted’ in your imagination somehow.
Remember what things seemed to mean before and after,
and make note of it.
By 2020 the investors of the world will see their self-interest and stop compounding their returns, allowing the global economy to climax at a high stable rate of change, forestalling the climax of investment with a loss of resilience, expectation failures, environmental collapse, conflict and mistakes.
The real limit of economic growth is the loss of resilience from accumulating mistakes. I mention this because exponentials are spookily explosive, seem like nothing & follow w/ major affects. If you see a road sign saying ‘Curve Ahead’ you know if the car starts tipping it’s too late to slow down. The curve of an exponential gets ever more radical the further you take it, and it’s a mistake not to slow down. Continue reading By 2020 – The Year of Clear Vision→
I’m not getting much sleep lately, taking on too much, burning with ideas; not a good plan. But then neither is humanity’s plan for us all to make decisions 16 times faster every lifetime forever.
It indicates we’re missing something, like where the heck are we going anyway! Sounds presumptuous perhaps, but I can fix that. The underlying problem is that our perceptions of where we are operate on a sliding scale.
