Asset inflation

Asset inflation has recently been repeated all over the world since the US Fed and other banks started printing money in 2008-9, nor is this a new problem but rather inherent to the private property paradigm.

The simple truth within the paradigm is that policies with significant social or environmental value will not be supported politically unless there is a corresponding economic value.

One could introduce “boplikt”, limit the number of investment properties or increase tax on investments but these policies tend to limit growth.

And the bald truth is that the democratic majority support asset inflation once they own assets and therefore no serious political party is actually interested in depressing GDP growth as a solution.

Depressing growth being, by the way, also the solution to a number of other problems posed by the growth paradigm; climate, consumption, loss of biodiversity, mass emigration, war, etcetera.

Sadly the majority will never choose it as long as the promised alternative is to get more and more…

forever…?

Published by railwayst

Railwayst at hotmail . Com

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: