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Life In A Sound-Money World

Authored by John Rubino via Substack,

Pretend, for a moment, that it’s 1971 and you’re President Richard Nixon (admittedly disturbing fantasies, but bear with me). You face the perennial government income/outflow dilemmas, and other countries, noting your struggle, are trying to cash their dollars in for your limited pile of gold bars.

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France shuts down half of their nuclear capacity

 

I don't think it's due to solar out-performing. News says the reactors are down for maintenance / corrision repairs. I'm afraid the anti-nuclear movement is political: successful nuclear would obsolete the climate change stuff. Whether they say they shut down nuclear because solar outperforms, or because there is corrosion, is besides the point.

I would hope energy prices go negative on good days! That's the excess energy you can feed into AI and crypto mining.

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