Comment by user3939382

The debt clock is a proxy for the total amount of plastic we route from shipping containers -> landfills. Plastic is oil, oil is energy. Energy can be exchanged for labor globally therefore energy prices money not the other way around. It’s our civilizational bottleneck. The true cost of oil isn’t priced in to begin with and we have it bound up for 500+ years. This is creating a massive distortion in the global economy which physics will insist on regardless of monetary policy.

Or we burn the oil -> heat into the atmosphere via silicon doing things like routing “wyd” texts around dozens of network devices across the country when the message doesn’t have that value.

The economics of how we allocate energy makes no sense and we debate how to fix this via policy.