How Fiat Currency Caused the Global Energy Crisis
The Real Cause of the Current Global Energy Crisis
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Are you aware there is currently a global energy crisis? Of course, you are. It's almost anything anybody can talk about, especially if you live somewhere like Europe, where the power firms are currently going through margin calls meaning about one and a half trillion euros. Or if you live somewhere like California, where the Governor Newsom just recently told Californians to turn up their thermostats to 78 degrees and not use major appliances during the middle of the day because otherwise, they risk massive blackouts.
Or if you live in Germany, where they're currently keeping nuclear power plants online and starting to burn coal because of the depth of their energy crisis, this is because over the last few decades, fossil fuels have slowly but surely become insufficient for our energy needs, while renewable sources of energy like wind and solar are completely unreliable. And finally, energy sources like nuclear have been so underdeveloped that they're nowhere near large enough to support our current energy needs.
So why has this happened over the last few decades? Well, it's not because of de-globalization, and it's not because of globalization, and it's not because of climate change and it's not because of war. The real cause, the root cause, fiat currency. That's right. When you trace these things back to the root fiat currency is the source of the current global energy crisis.
And I'm going to prove to you how.
Timecodes
0:00 Video Overview
1:32 Intro
1:39 Fiat Currency Allows Endless Expansion of the Money Supply
4:22 Impact of Government Spending on Energy
8:22 Laws and Profits
11:56 Global Energy Crisis
15:27 Outro
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#EnergyCrisis #Blackouts #Globalization
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