The individual foundational premises of Economics and Fiat Money - ‘scarcity of resources’ and ‘perpetual infinite growth’ - are obviously incompatible.
Using formal logic, any simple argument with conflicting premises is a priori rejected as invalid.
Yet for some reason for 100 years the masses have barely questioned / just accepted the current global construct.
We really need to get the fanatical environmentalists to go from anti-humanism to save the planet to anti-fiat to save the planet.
Infinite money = infinite consumption. That’s a large driver of planet destruction. Bitcoin may also help with another large driver—military excess, but this is a harder sell in casual conversation.
Better late than never ✊
There was a time you didn’t know too.
Nothing is life is perpetual or infinite. But a general trend line up and towards the right is expected as technology improves, no?
Perpetual growth is literally the expectation for every listed participant of equity markets.
And just like any other ponzi, it's openly admitted that monetary systems and even national economies must grow in perpetuity or else collapses from a death spiral.
That why things like government spending, national debt, etc must increase to successive orders of magnitude to cover up the deficiencies and systemic graft of the ponzi - millions to billions to now trillions.
The charade progresses indefinitely until confidence is lost and the music stops suddenly. It's the same process over and over again in fiat countries all around the world.
Technology is deflationary.
