So you'll avoid hyperinflation by engaging in the very herd-behaviour patterns that cause it? Maybe you haven't thought this through :)

What I'm arguing against here is what I see as a deep misunderstanding amongst pop-economists of thermodynamics and the economics of energy supply (eg. EROI), the disastrous failure of existing economic models to effectively manage limited energy resources, the vulnerability of economies, and industrial civilization itself, to sudden collapse in the face of declining cheap energy supplies, and ignorance amongst economists about the necessity of maintaining atmospheric homeostasis for the continued existence of our species.

I hear arguments all the time of the form "$x/bbl oil will make energy technology x economically viable.", as though there would be capacity in an economy to re-equip its industry at a time when the vast majority of its people cannot obtain food or fuel and their homes are underwater. That doesn't work at all.

Unfortunately economics today is a counterproductive pseudoscience that compromises people's critical faculties, their capacity for big picture analysis, and their ability to help us prepare for / prevent a future characterized by hazardous environmental conditions and absence of cheap, availably energy sources.

Once the energy cost of producing a barrel of oil gets anywhere near the energy we can retrieve from it, game over

but Intel chips do make IBM clones

exactly

Unfortunately Macs are now IBM clones

Flamebait? This is the most insightful comment here

make -j x

or

export CONCURRENCY_LEVEL=x

__

filter error?