The disconnect between our monetary expectations of reality and our actual physical situation is probably one of the most under appreciated risks to the next decade. We have a massive financial recaliration coming in the future, in my opinion. And it could be the very new future, or it could be five to ten years from now,. i don't knowso let's just briefly talk about that, before i forget. Before and after the great depression, we had a similar situation. That before 19 29 and after, we had the same productive capacity in the economy. So what happened in the early 19 thirties with money and productive capacity? Could that be an analogue for what's ahead?
Show Summary:
On this episode we meet with ecological economist and Professor in Community Development & Applied Economics and Public Administration, Josh Farley.
Money. What is it? Where does it come from? How is it created? How is it tethered to our biophysical balance sheet? What is on the horizon with our monetary system? How might we create and use money differently in the future during a source and sink contained system? Josh Farley explains it all - and explains how the links between money, energy, and the economy will become more central in our lives.
Click here to listen to Josh and Nate’s first conversation.
About Josh Farley:
Joshua Farley is an ecological economist and Professor in Community Development & Applied Economics and Public Administration at the University of Vermont. He is the President of the International Society for Ecological Economics.
For Show Notes and Transcript visit: https://www.thegreatsimplification.com/episode/29-josh-farley