Posted: Feb 10, 2017 7:15 pm
by Blackadder
Macdoc wrote:
1. The money supply is not fixed. It grows with economic activity.

It is GROWN ....that's what happens when fractional lending works properly.

When debt is retired wealth remains.

There is far more to wealth than money.

I'm aware that it is grown. It is something I have some academic and practical experience of. With all due respect, the OP's question was about money, not wealth.