There is this theory that EROI (energy returned on energy invested) is continously decreasing and so it is more and more difficult to generate either real economic growth or "good" inflation.
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There is this theory that EROI (energy returned on energy invested) is continously decreasing and so it is more and more difficult to generate either real economic growth or "good" inflation.
Interesting theory. Do we know why this is happening? And the whole idea of growth YoY for the sake of growth...is just unhealthy.