In this week's Off The Cuff podcast, Chris and Charles Hugh Smith discuss:
- From Flowers To Floods
- How climate variability is impacting all of us
- Not All Crises Are Equal
- Some have fixes, some don't
- Resilience Is Key To National Security
- Regenerative regimes will win out over extractive ones
- Incentives Matter
- Without the right incentives, failure is inevitable
The biggest problem we face, Chris and Charles discuss, is our self-destructive way of thinking. We continually fool ourselves that by doing "something" (in many cases, simply kicking the can down the road) we are actually solving our problems instead of simply avoiding and exacerbating them.
But as Charles wisely puts it, "real world" problems don't care about gimmickry:
We can fix a banking scandal or banking crisis pretty easily. We can solve it with some financial gimmickry, right? Print some more money, issue some more cheap credit, whatever.
When it comes to soil depletion, strip mining of the seas, long-term drought – these are problems that just printing more money can’t solve. You can say you can go on the open market and buy wheat from somewhere else, but you are still not dealing with the fact that just printing money to go buy the food from someplace else isn’t taking into effect the depletion in that place, or the potential that that place might suffer drought or ravaging floods.