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> Is the world really going to come crashing down if people only spend on things they need rather than endlessly cycling through shit they don't? In broad stro
by jMyles 1y ago
> Is the world really going to come crashing down if people only spend on things they need rather than endlessly cycling through shit they don't?
In broad strokes, this is perhaps the most important question of environmental sustainability which stems from monetary policy.
Second most important is the matter of how much energy is spent on security (eg, in the case of bitcoin, the horrifying amounts of power spent on SHA256 hashing, and in the case of USD, the perhaps even more horrifying energy consumption of the global petrodollar empire).
We spend so much deliberation on this second question that we often ignore the first: what monetary policies will make us chill out on the whole importing-plastic-shit-we-don't-need-from-the-other-side-of-the-earth thing?