3 ms·

And I discover another graph that starts going haywire around 1971. https://climate.nasa.gov/vital-signs/global-temperature/ https://climate.nasa.gov/vital-sig

• matheusmoreira 3y ago
  Interesting correlation. I suppose the planet can't handle all the exponential growth and resource consumption caused by unlimited credit.
  • nerdponx 3y ago
    I don't think unlimited credit is the root cause.
    • uoaei 3y ago
      There's no "the root cause" and it's silly to frame the discussion that way. Unlimited credit is a huge factor in tandem with a market-based economic system that had developed in absence of appropriate pricing mechanisms to accurately account for "externalities". We had runaway dynamics that we called "wealth creation" (note the distinction from value creation) that created money through investments that spurred short-term growth at the expense of long-term stability. You even see this in microcosm in the modern business cycle, but we are beginning to become intimately familiar with the effects of long-term value extraction from the environment, of converting biological and ecological resilience and fecundity into dollars to buy consumer products and research, marketing, production, and distribution of more consumer products.
• hanniabu 3y ago
  Only reason I can think of is the increasing consumerism as part of that trend, which requires more power plants, manufacturing, transportation, and destruction of environments for resources
• Lichtso 3y ago
  The end of the gold standard [0]: "1971 when the United States unilaterally terminated convertibility of the US dollar to gold" [0]: https://en.wikipedia.org/wiki/Gold_standard https://en.wikipedia.org/wiki/Gold_standard