The idea is for bureaucrats to restrict—and eventually prohibit—car use because everything is within walking or biking distance. Phasing out hydrocarbons, in general, and cars with internal combustion engines, in particular, is a primary goal of the carbon hysterics.

Critics also argue that 15-minute cities will eventually allow for total surveillance and control of people's lives, as governments will inevitably pair them with an ESG social credit system and central bank digital currencies.

What is your take on the 15-minute city concept?

Doug Casey: It's social engineering taken to a new level—trying to reform the way humans act and live. In fact, it's social engineering that's expressed in the form of civil engineering, putting people in the kind of houses, environments, and locales that the elites—strike that, I mean parasites—prefer.

It's as if the whole human race is taking a role in the Jim Carrey movie The Truman Show. But that's way too benign. The way they're trying to reform the cities and force people to stay in place in certain areas, it's more like the panopticon, which was a type of prison where all people could be observed easily by the guards at all times.