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: tech
Entropy and the 2nd law
does life increase or decrease entropy? according to our second law entropy increases, as the potential of matter to do work is realised since nothing exists Matter bound within space realises a lower potential the potential for mass to perform the same task twice, Is infinitely small.
Ceteris Paribus 