Quote from: RE on Jul 02, 2023, 04:26 AMNot looking good for charging up all those Teslas.  Not sure where they figure all the money is going to come from besides more printing of debt, which they intend to do while reducing inflation?  Of course I am not one of the smartest guys in the room figuring this magic act out.

RE

The 'running your house off your car' scenario makes no damn sense.  The Power Grid Video is all about trying to keep things going the way they are.

 

There is not enough copper and lithium to do it.  More than the imaginary money you correctly predict is needed.  Imaginary metals anyone?

Copper Shortage Getting Real

Article snippets:

Some of the world's largest mining companies and metal traders are warning that by 2025, a massive shortfall will emerge for copper, which is now the world's most critical metal due to its essential role in the green economy. The deficit will be so large, The Financial Post stated last September, that it could itself hold back global growth, stoke inflation by raising manufacturing costs and throw global climate goals off course.

The International Study Group puts the coming deficit into perspective, noting that in 2021, the global copper shortfall was 441,000 tons, equivalent to less than 2% of demand for the refined metal, but enough to drive copper prices 25% higher. Using S&P Global's forecast, 2035's shortfall will be 10 times higher, at about 20% of consumption.

Backyard corn growing is the future.