Between a rock and a hard place

The Federal Reserve is caught between high inflation (which would normally argue for high interest rates) and pending economic contraction (which would normally argue for low interest rates).

Human society is caught between the high energy requirements of the modern industrial megamachine and the imperative to stop generating the fossil fuel emissions that are causing climate disruption.

* * * *

Renewables will never be able to provide the high levels of energy needed by the modern industrial megamachine:

https://legacy-assets.eenews.net/open_files/assets/2020/05/04/document_cw_01.pdf

The only ultimate answer is de-growth:

https://www.youtube.com/playlist?list=PLGyDELJdHq36Pl6FtVu7V75OIF04SMW-5

So we’re caught between the need for contraction and the needs of eight billion consumers.