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News Link • Economy - Economics USA

Exponential Money

• arclein
It is this: Our monetary system must continually expand, forever. The US/world monetary system was designed and implemented at a time when the earth’s resources seemed limitless, so few gave much critical thought to the implications that every single dollar in circulation was to be loaned into existence by a bank with interest. In fact, most thought it a terribly “modern” concept, and most probably still do.

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