Over the past few episodes of YDHTY, we've been exploring the foundations of the global economy and the powers that drive it. The main focus has been on the role of dollar dominance among global currencies, what forces might diminish its role, and the role debt could play in all of this.
Absent from these discussions - and from most conversations surrounding the economy - is the actual stuff that's bought and sold.
Most economic models assume a certain level of growth, but is conventional economics blind to the resource constraints of an economy that exists on a finite planet?
In this episode, Dan speaks with the Data Monk (a guest longtime listeners to be familiar with) to explore this idea and whether or expectations of economic growth need to be adjusted to fit reality.