This is a terrific set of ideals and I think like many great visions, even if it’s not accomplished directly, it will put wheels into motion that will advance the world in the right direction, and might just help save the environment.

I just wish the guy in charge could apply the same systematic thinking to his approach to politics. I fear that the major short term risk to humanity is not the environment, but toxic politics.

If renewables are the solution to our energy problems, I like to think kindness and tolerance might be the solution to our political problems. Perhaps he could publish a master plan for that, too.

The TLDR for how a bond that continues to pay interest forever can be valued at less than infinity dollars is due to the "time value of money", which states that $X in the future is worth less than $X today. This makes sense intuitively if you consider that if you had that money today, you could invest it and earn interest on it.

So since money in your hands is worth more than that same amount of money in the future, you can actually calculate how much a future cash flow is worth today by discounting it to its present value ("discounted cash flow" aka DCF).

To bring it back to perpetual bonds, if you DCF all of the future cash flows to their present value, you actually get a finite number (due to the diminishing nature of the cash flows that are further and further in the future).

For those who want to learn this in more detail, I recommend MIT's OCW course "Finance Theory I" with Andrew Lo.

Serious question: inflation seems to only be getting higher (is it 8%+ now?) the Fed's increasing of the interest rate is causing a stock market crash. So if one puts their money into assets, those are decreasing in price due to the fed, and if someone is holding cash that's also going down in value due to inflation. What's the solution?