Via The Oil Drum:

The value of fiat currencies erodes over time, while remaining high quality energy increases in strategic value, even if not recognized in monetary terms.  We have a monumental problem - a system whose claims on the future are higher than its real assets. 

[image source]

Via The Oil Drum:

The value of fiat currencies erodes over time, while remaining high quality energy increases in strategic value, even if not recognized in monetary terms.  We have a monumental problem - a system whose claims on the future are higher than its real assets.

[image source]

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