Posted: Feb 09, 2017 5:23 am
by VazScep
Thommo wrote:
  • Economies grow.
I'd like to spend some time on this one. If the money supply is mostly debt lent at interest, and we don't implode because the economy grows, then is growth mandated? Is that a recipe for disaster (the naive argument is that, even with efficiency savings, exponential growth eventually means the planet's surface temperature will be over a hundred degrees). Or is growth itself a bit of a fiction, since, as Ipetrich says, we can do stuff like inflate?