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Old 14-07-2017, 08:43 PM   #23
Join Date: May 2011
Location: canada
Posts: 8,306
Likes: 1,348 (822 Posts)

there is nothing wrong with "money from thin air" in and of itself. as long as it is created interest free, spent into existence on infrastructure and done in accordance with the gdp of the country. of course another problem is the concept of profit being sustainable in a closed system. its not. thats the problem. profit means inflation. thats why capitalism is a failure just like the fake socialism we've seen. now if someone wanted to try true from the bottom up socialism, that would be grand, but they wont...because theres no profit in it. people are greedy. they want more than they need. thats why we wont get off the tread mill.
reverendjim is offline   Reply With Quote