You think minor tweaks to our fiat monetary system with each
Posted on: April 25, 2025 at 14:10:17 CT
JeffB
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country artificially manipulating values to gain a competitive edge in international trade, with an eye to keeping inflation low... but without causing too much unemployment... and inflating away the debt they owe to creditors is all that is needed?
"Money" that is in fact debt, and a money supply that goes up with every loan and goes down with every payment on debt? ... and the resultant boom & bust cycles that occur in countries around the world on a regular basis and ripple through the world economy, impacting all of the other countries?
In reality, that sounds quite absurd to me.