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Olduvai III: Catacylsm
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ENERGY-MONEY EQUILIBRIUM: THE VALUE OF MONEY IN THE AGE OF OIL

ENERGY-MONEY EQUILIBRIUM: THE VALUE OF MONEY IN THE AGE OF OIL Trying to figure out exactly how Money achieves and holds its value is very difficult. In all but the simplest systems, which are little more than Barter, you quickly develop a level of complexity which is confounding mainly because it is always so self-referential. […]

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The Currency Illusion

The Currency Illusion QUESTION:  I want to share a true story with you. My father as a young boy in Greece saw what gold did for his family. My grandfather in Greece in the late 30′s and 40′s saw the rapid devaluation happening to the drachma. English sovereigns were plentiful there at the time as a […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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