Debt issuance is money creation, and debt destruction is money destruction. Why is the latter SO intolerable? If nothing fails, nothing succeeds. This is all a result of the myopic human opinion of perma-growth. In the…
Debt issuance is money creation, and debt destruction is money destruction. Why is the latter SO intolerable? If nothing fails, nothing succeeds. This is all a result of the myopic human opinion of perma-growth. In the…