6min chapter

The "What is Money?" Show cover image

The Implications of Digital Revolution with Salim Ismail (WiM278)

The "What is Money?" Show

CHAPTER

Is There a Fish in the Ocean?

We evolved representative democracies a few hundred years ago when information was scarce. Now we have infinite knowledge of what's happening in across the country, so how do we deal with that? We don't have good models for navigating that abundance of information. Solar energy is on track to deliver us abundance of energy. The price of oil and gas will crash as we hit that abundance. So this is why Putin is invading Ukraine now. Because in a few years he'll have no currency left. As a Canadian, I joke the US has to find other reasons to put a war around it. This is before we have an abundance of energy,. by the way, if you talk about nuclear power or fusion

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