• cfgaussian
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    1 year ago

    I mean yeah, true, but the bigger problem here is not deficit spending but rather that at some point the actual supply of sufficient energy will simply no longer be available regardless at which price. You can spend all the money you like but that doesn’t make more goods or electricity appear magically out of nowhere.

    So looking at this in terms of money and price is a liberal way of thinking, what really underlies all of this is material reality and physical availability.