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How will the coming oil shortages affect our banking and monetary system?

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How will the coming oil shortages affect our banking and monetary system?

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This issue seems to be a “blind spot” for many people concerned about the ramifications of Peak Oil. Typically, when addressing Peak Oil, people focus on finding a magic bullet alternative to oil. Even if such a resource existed, it would not solve our problems unless it was implemented in conjunction with a complete overhaul of our monetary system. The reason is simple: the monetary system is really just a reflection of our energy system.

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