Tag Archives: recession

Discontinuity Ahead – Oil Limits will Adversely Affect the Economy

What will the world economy be like ten years from now? Or fifty years from now? Is it something that we can forecast by looking at the past, assuming that past tends will continue? Most economists today seem to think … Continue reading

Posted in Financial Implications | Tagged , , , | 119 Comments

Oil Prices Lead to Hard Financial Limits

We live in a finite world.  Clearly, a finite world has limits of many kinds. Yet economists and other researchers use models that assume that these limits are unimportant for the foreseeable future. They have certainly not stopped to think that … Continue reading

Posted in Financial Implications | Tagged , , , , | 321 Comments

Oil Limits Reduce GDP Growth; Unwinding QE a Problem

We know the world economic pattern we have been used to in years past–world population grows, resource usage grows (including energy resources), and debt increases. The economy grows fast enough that paying an interest rate a little higher than the … Continue reading

Posted in Financial Implications | Tagged , , , , | 267 Comments

Energy and the Economy–Basic Principles and Feedback Loops

Does a fish know that its nose is wet? Probably not. It swims in water, and assumes that is the only way any animal lives. We live in an economic world. Economic models that were developed years ago were created … Continue reading

Posted in Financial Implications, Introductory Post | Tagged , , , , , | 315 Comments

Inflation, Deflation, or Discontinuity?

A question that seems to come up quite often is, “Are we going to have inflation or deflation?” People want to figure out how to invest. Because of this, they want to know whether to expect a rise in prices, … Continue reading

Posted in Financial Implications | Tagged , , , , , , | 348 Comments