On Growth

The danger inherent in the Peak Oil situation we now find ourselves in, is that our way of life demands constant growth. From PeakOil.com:

Growing an economy is like increasing the energy in the system – it can’t just spring forth from nowhere; it has to come from something. You can do more with what you have by using it more efficiently, but this places an obvious ceiling on growth.

We in the U.S., and as a result around the world, accept a future that’s not only no less, but actually much more, than we have today. Growth is seen as necessary and normal. So is inflation. These are dangerous paradigms, as they can’t be continued indefinitely.