Money as a construct

  1. Money doesn’t actually exist 2. Government issue bonds for sale base on a promise to buy these back at a given amount on a given date. 3. Government gets money for bonds and spends it to create revenue 4. The promise to pay is then called government debt 5. Governments can issue moreContinue reading “Money as a construct”

Seven years of fat

Exposing the fossils of a hundred million years to combustion we turn them into an infrastructure that can only be supported by an infinite supply   without┬áturning our minds to the concept of the finite nature of everything   sure nature may in one hundred million years more recreate what it created one hundre millionContinue reading “Seven years of fat”