Uploaded May 2020 | Updated September 2026, 12 minutes ago
A future without cash? Nicole Foss and Aaron Wissner discuss the good, the bad, and the ugly of a cashless future.
Try playing at 2x speed first, then step back from there if it is too fast :-)
Please: like, comment, subscribe, notifications, and share :-)
Terms include: bail in, bail out, hair cut, savings, loan, bank, money, Ponzi scheme, cryptocurrencies, cryptocurrency, empty bag holders, volatile, holdings, worth, bitcoin, loss, losses, energy intensive, complexity, fictitious value, claims on the future, exchange rate, global currencies, money supply, deflation, community currencies, inflation, hyperinflation, credit, promises, velocity of money, velocity of currency, spending, circulating, circular flow, deflationary depression, liquidity crunch, seizure, local currency, trust horizon, captive demand, local supply, circulate, wants, exchange, trade, value, barter, real interest rate, negative inflation, nominal interest rate, bank run, bank-run, limited withdrawals, electronic money, zero lower bound, cashless society, financial pyramid, trap, Argentina, Michael Hudson, Nicole Foss, Aaron Wissner, owners, rentier, bosses, capitalists, capitalism,
For additional Local Future content with Nicole Foss, visit this playlist:
youtube.com/playlist?list=PL540785A76F8FDD5C
*****
Older Bio About Nicole Foss
Nicole M. Foss is co-editor of The Automatic Earth, where she writes under the name Stoneleigh. She and her writing partner have been chronicling and interpreting the on-going credit crunch as the most pressing aspect of our current multi-faceted predicament. The site integrates finance, energy, environment, psychology, population and real politik in order to explain why we find ourselves in a state of crisis and what we can do about it. Prior to the establishment of TAE, she was previously editor of The Oil Drum Canada, where she wrote on peak oil and finance.
Foss runs the Agri-Energy Producers' Association of Ontario, where she has focused on farm-based biogas projects and grid connections for renewable energy. While living in the UK she was a Research Fellow at the Oxford Institute for Energy Studies, where she specialized in nuclear safety in Eastern Europe and the Former Soviet Union, and conducted research into electricity policy at the EU level.
Her academic qualifications include a BSc in biology from Carleton University in Canada (where she focused primarily on neuroscience and psychology), a post-graduate diploma in air and water pollution control, the common professional examination in law and an LLM in international law in development from the University of Warwick in the UK. She was granted the University Medal for the top science graduate in 1988 and the law school prize for the top law school graduate in 1997.
Bio snipped from Happen Films: "Economist Nicole Foss is co-editor of The Automatic Earth. Here she provides easy-to-understand answers in response to questions on peak oil, financial crisis, energy descent, resilience, community, and simple living."
Very nice looking and sounding interview with Nicole from about five years ago, again via Happen Films:
youtube.com/watch?v=AdNvmIfyQPY
Other search results on YouTube -- notice a number of the most recent results are just reposts of earlier recordings:
youtube.com/results?search_query=%22nicole+foss%22+-tug+-shop+-piphany+-%22dominic+green%22&sp=CAI%253D
theautomaticearth.com/tag/nicole-foss
theautomaticearth.com/author/stoneleigh
About Aaron Wissner
Aaron Wayne Wissner is the founder of Local Future, a 501(c)(3) tax-exempt educational non-profit and a teacher of 25+ years. His mission is to help people, and humans as a whole, to have accurate, truthful, and relevant information so they can survive and thrive, no matter what the future holds.
facebook.com/aaron.wissner.9
youtube.com/user/newculture
lifeishnowish.blogspot.com
Published to YouTube on 202005151130 UTC Aaron Wayne Wissner
Related terms include: bail in, bail out, hair cut, savings, loan, bank, money, Ponzi scheme, cryptocurrencies, cryptocurrency, empty bag holders, volatile, holdings, worth, bitcoin, loss, losses, energy intensive, complexity, fictitious value, claims on the future, exchange rate, global currencies, money supply, deflation, community currencies, inflation, hyperinflation, credit, promises, velocity of money, velocity of currency, spending, circulating, circular flow, deflationary depression, liquidity crunch, seizure, local currency, trust horizon, captive demand, local supply, circulate, wants, exchange, trade, value, barter, real interest rate, negative inflation, nominal interest rate, bank run, bank-run, limited withdrawals, electronic money, zero lower bound, cashless society, financial pyramid, trap, Argentina, Michael Hudson, Nicole Foss, Aaron Wissner, owners, rentier, bosses, capitalists, capitalism,
A future without cash? Nicole Foss and Aaron Wissner discuss the good, the bad, and the ugly of a cashless future.
Try playing at 2x speed first, then step back from there if it is too fast :-)
Please: like, comment, subscribe, notifications, and share :-)
Terms include: bail in, bail out, hair cut, savings, loan, bank, money, Ponzi scheme, cryptocurrencies, cryptocurrency, empty bag holders, volatile, holdings, worth, bitcoin, loss, losses, energy intensive, complexity, fictitious value, claims on the future, exchange rate, global currencies, money supply, deflation, community currencies, inflation, hyperinflation, credit, promises, velocity of money, velocity of currency, spending, circulating, circular flow, deflationary depression, liquidity crunch, seizure, local currency, trust horizon, captive demand, local supply, circulate, wants, exchange, trade, value, barter, real interest rate, negative inflation, nominal interest rate, bank run, bank-run, limited withdrawals, electronic money, zero lower bound, cashless society, financial pyramid, trap, Argentina, Michael Hudson, Nicole Foss, Aaron Wissner, owners, rentier, bosses, capitalists, capitalism,
For additional Local Future content with Nicole Foss, visit this playlist:
youtube.com/playlist?list=PL540785A76F8FDD5C
*****
Older Bio About Nicole Foss
Nicole M. Foss is co-editor of The Automatic Earth, where she writes under the name Stoneleigh. She and her writing partner have been chronicling and interpreting the on-going credit crunch as the most pressing aspect of our current multi-faceted predicament. The site integrates finance, energy, environment, psychology, population and real politik in order to explain why we find ourselves in a state of crisis and what we can do about it. Prior to the establishment of TAE, she was previously editor of The Oil Drum Canada, where she wrote on peak oil and finance.
Foss runs the Agri-Energy Producers' Association of Ontario, where she has focused on farm-based biogas projects and grid connections for renewable energy. While living in the UK she was a Research Fellow at the Oxford Institute for Energy Studies, where she specialized in nuclear safety in Eastern Europe and the Former Soviet Union, and conducted research into electricity policy at the EU level.
Her academic qualifications include a BSc in biology from Carleton University in Canada (where she focused primarily on neuroscience and psychology), a post-graduate diploma in air and water pollution control, the common professional examination in law and an LLM in international law in development from the University of Warwick in the UK. She was granted the University Medal for the top science graduate in 1988 and the law school prize for the top law school graduate in 1997.
Bio snipped from Happen Films: "Economist Nicole Foss is co-editor of The Automatic Earth. Here she provides easy-to-understand answers in response to questions on peak oil, financial crisis, energy descent, resilience, community, and simple living."
Very nice looking and sounding interview with Nicole from about five years ago, again via Happen Films:
youtube.com/watch?v=AdNvmIfyQPY
Other search results on YouTube -- notice a number of the most recent results are just reposts of earlier recordings:
youtube.com/results?search_query=%22nicole+foss%22+-tug+-shop+-piphany+-%22dominic+green%22&sp=CAI%253D
theautomaticearth.com/tag/nicole-foss
theautomaticearth.com/author/stoneleigh
About Aaron Wissner
Aaron Wayne Wissner is the founder of Local Future, a 501(c)(3) tax-exempt educational non-profit and a teacher of 25+ years. His mission is to help people, and humans as a whole, to have accurate, truthful, and relevant information so they can survive and thrive, no matter what the future holds.
facebook.com/aaron.wissner.9
youtube.com/user/newculture
lifeishnowish.blogspot.com
Published to YouTube on 202005151130 UTC Aaron Wayne Wissner
Related terms include: bail in, bail out, hair cut, savings, loan, bank, money, Ponzi scheme, cryptocurrencies, cryptocurrency, empty bag holders, volatile, holdings, worth, bitcoin, loss, losses, energy intensive, complexity, fictitious value, claims on the future, exchange rate, global currencies, money supply, deflation, community currencies, inflation, hyperinflation, credit, promises, velocity of money, velocity of currency, spending, circulating, circular flow, deflationary depression, liquidity crunch, seizure, local currency, trust horizon, captive demand, local supply, circulate, wants, exchange, trade, value, barter, real interest rate, negative inflation, nominal interest rate, bank run, bank-run, limited withdrawals, electronic money, zero lower bound, cashless society, financial pyramid, trap, Argentina, Michael Hudson, Nicole Foss, Aaron Wissner, owners, rentier, bosses, capitalists, capitalism,
