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 more… Continue reading Money as a construct
Tag: infinity
Trying
I am trying to consume as speedily as possible I was told that my consumption, fuels the economy Which might otherwise run out I continue to believe Everything is infinitely fine Because if I stop the Economy dies taking everything else with it Sustainability becomes a belief that assuages all fault, Because, after all, if… Continue reading Trying
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 turning 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 million… Continue reading Seven years of fat
Ceteris Paribus 