What is Nostr?
Deleted Account
npub1l5p…ygs8
2024-02-10 18:07:17
in reply to nevent1q…e3u7

Deleted Account on Nostr: To the first question-I think yes. Dollars are loaned into existence to produce ...

To the first question-I think yes. Dollars are loaned into existence to produce something, and the production is used to pay back the debt, extinguishing the money.

When "too much" money is loaned into existence (I.e perhaps because of the supression of interest rates) to produce things, it is still economic growth, but borrowed economic growth from the future.
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npub1l5pufej5mfnhcl3wjznty0r32d0kra3xxlutpvhde7730jf0x0hq8eygs8