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Daniel Schmachtenberger: “Bend not Break #4: Modeling the Drivers of the Metacrisis”

The Great Simplification with Nate Hagens

CHAPTER

The Global Financial System Has an Embedded Growth Obligation

"The whole global financial system has an embedded growth obligation that is exponential meaning there has to be exponentially more total currency in the system every year than previous," he says. "You cannot run exponentially more of a finite planet through a linear materials economy that has limits on both the front and backside of that linear resources economy forever so you hit limits of growth or planetary boundaries"

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